Civic Intelligence

Minnesota Surety Association

990EZ • Fiscal year 2018 • EIN 26-1445297

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 22, 2019

Organization ProfileMINNESOTASURETYASSOCIATION.ORG
5851 Cedar Lake Road SMinneapolis, MN 55416

(952) 593-3087

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

37th percentile

-3.7%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-26%

Faster revenue growth than 12% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$20,999

Down $814 (-3.7%) from 2017

Net Assets

Down

$20,999

Down $814 (-3.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin17th percentile

Revenue

Down

$5,496

Down $1,980 (-26%) from 2017

Expenses

Up

$6,310

Up $1,337 (+27%) from 2017

Net Income

Down

-$814

Down $3,317 (-133%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2010: $21,015Liabilities 2010: $0Net Assets 2010: $21,0152010Assets 2011: $22,875Liabilities 2011: $0Net Assets 2011: $22,8752011Assets 2012: $23,153Liabilities 2012: $0Net Assets 2012: $23,1532012Assets 2013: $23,303Liabilities 2013: $0Net Assets 2013: $23,3032013Assets 2014: $23,175Liabilities 2014: $0Net Assets 2014: $23,1752014Assets 2015: $20,918Liabilities 2015: $0Net Assets 2015: $20,9182015Assets 2016: $19,310Liabilities 2016: $0Net Assets 2016: $19,3102016Assets 2017: $21,813Liabilities 2017: $0Net Assets 2017: $21,8132017Assets 2018: $20,999Liabilities 2018: $0Net Assets 2018: $20,9992018Assets 2019: $22,519Liabilities 2019: $0Net Assets 2019: $22,5192019Assets 2020: $25,105Liabilities 2020: $0Net Assets 2020: $25,1052020Assets 2021: $25,366Liabilities 2021: $0Net Assets 2021: $25,3662021Assets 2022: $26,022Liabilities 2022: $0Net Assets 2022: $26,0222022Assets 2023: $21,840Liabilities 2023: $0Net Assets 2023: $21,8402023Assets 2024: $23,403Liabilities 2024: $0Net Assets 2024: $23,4032024

Highlighted filing

2018

Assets$20,999
Liabilities$0
Net Assets$20,999
Open 2018 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0-$10KRevenue 2010: $2,273Expenses 2010: $1,059Net Income 2010: $1,2142010Revenue 2011: $2,769Expenses 2011: $909Net Income 2011: $1,8602011Revenue 2012: $1,269Expenses 2012: $991Net Income 2012: $2782012Revenue 2013: $1,005Expenses 2013: $855Net Income 2013: $1502013Revenue 2014: $2,488Expenses 2014: $2,616Net Income 2014: -$1282014Revenue 2015: -$935Expenses 2015: $1,322Net Income 2015: -$2,2572015Revenue 2016: -$990Expenses 2016: $618Net Income 2016: -$1,6082016Revenue 2017: $7,476Expenses 2017: $4,973Net Income 2017: $2,5032017Revenue 2018: $5,496Expenses 2018: $6,310Net Income 2018: -$8142018Revenue 2019: $5,706Expenses 2019: $4,186Net Income 2019: $1,5202019Revenue 2020: $4,354Expenses 2020: $1,768Net Income 2020: $2,5862020Revenue 2021: $8,529Expenses 2021: $8,268Net Income 2021: $2612021Revenue 2022: $17,480Expenses 2022: $16,824Net Income 2022: $6562022Revenue 2023: $18,681Expenses 2023: $22,863Net Income 2023: -$4,1822023Revenue 2024: $24,795Expenses 2024: $23,232Net Income 2024: $1,5632024

Highlighted filing

2018

Revenue$5,496
Expenses$6,310
Net Income-$814
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 22, 2019
Return Version
2018v3.1
Gross Receipts
$19,318
Mission and Program Overview

Mission

Professional organization organized to disseminate information among the surety industry in the state of minnesota

Program Services

DescriptionGrantsExpenses
QUARTERLY DINNER MEETINGS WITH SPEAKERS INVOLVED IN THE CONSTRUCTION INDUSTRY$0$0
ANNUAL GOLF OUTING FOR MEMBERS IN ORDER TO GAIN PROFESSIONAL CONTACTS$0$0
ANNUAL CHRISTMAS PARTY FOR MEMBERS IN ORDER TO GAIN PROFESSIONAL CONTACTS$0$0
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF YENTESTreasurer-$0--
RICH HARMANSecretary-$0--
SEAN MCBRIDEPresident-$0--
ZACH PATEVice-President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$15,235$15,235-$15,235
Total Events$15,235$15,235-$15,235
Filing and Contact Details

Filer

Filer Name
Minnesota Surety Association
EIN
26-1445297
Phone
9525933087
Address
5851 CEDAR LAKE ROAD S, MINNEAPOLIS, MN 55416

Signing Officer

Name
Zach Pate
Title
President
Phone
9525933087
Signed
2019-02-22
Discuss with paid preparer
Yes

Preparer

Firm
Ballenthin Funk & Johnson Llp
Address
101 EAST 5TH STREET SUITE 1550, ST PAUL, MN 55101
Preparer
David a Johnson CPA
Phone
6516890130
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 8.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscellaneous expenses. Amount: 12. Description: meeting expense - december. Amount: 2,525. Description: bank fees. Amount: 215. Description: meeting expense - may. Amount: 1,193. Description: msa luncheon. Amount: 230. Description: website. Amount: 12. Description: credit card scanner. Amount: 684. Description: insurance. Amount: 357. Description: gifts. Amount: 732. Total to form 990-ez, line 16: 5,960.”

Raw XML Appendix132 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ZACH PATE
IRS990EZ/BooksInCareOfDetail/PhoneNum06514576842
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01276 SOUTH ROBERT STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055118
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021813
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020999
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-814
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021813
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020999
IRS990EZ/FundraisingGrossIncomeAmt015235
IRS990EZ/GrossReceiptsAmt019318
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt08
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt04075
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021813
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020999
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021813
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020999
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF YENTES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICH HARMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SEAN MCBRIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ZACH PATE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05960
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROFESSIONAL ORGANIZATION ORGANIZED TO DISSEMINATE INFORMATION AMONG THE SURETY INDUSTRY IN THE STATE OF MINNESOTA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0QUARTERLY DINNER MEETINGS WITH SPEAKERS INVOLVED IN THE CONSTRUCTION INDUSTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ANNUAL GOLF OUTING FOR MEMBERS IN ORDER TO GAIN PROFESSIONAL CONTACTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ANNUAL CHRISTMAS PARTY FOR MEMBERS IN ORDER TO GAIN PROFESSIONAL CONTACTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt013822
IRS990EZ/SpecialEventsNetIncomeLossAmt01413
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt06310
IRS990EZ/TotalRevenueAmt05496
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MINNESOTASURETYASSOCIATION.ORG
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015235
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 12. DESCRIPTION: MEETING EXPENSE - DECEMBER. AMOUNT: 2,525. DESCRIPTION: BANK FEES. AMOUNT: 215. DESCRIPTION: MEETING EXPENSE - MAY. AMOUNT: 1,193. DESCRIPTION: MSA LUNCHEON. AMOUNT: 230. DESCRIPTION: WEBSITE. AMOUNT: 12. DESCRIPTION: CREDIT CARD SCANNER. AMOUNT: 684. DESCRIPTION: INSURANCE. AMOUNT: 357. DESCRIPTION: GIFTS. AMOUNT: 732. TOTAL TO FORM 990-EZ, LINE 16: 5,960.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ZACH PATE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09525933087
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA SURETY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0261445297
ReturnHeader/Filer/PhoneNum09525933087
ReturnHeader/Filer/USAddress/AddressLine1Txt05851 CEDAR LAKE ROAD S
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055416
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EC774C36F23A4BAF130325BF2BF0C1A407A4962D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EC774C36F23A4BAF130325BF2BF0C1A407A4962D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.30.248.37
ReturnHeader/FilingSecurityInformation/IPDt02019-02-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:55:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481291655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALLENTHIN FUNK & JOHNSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 EAST 5TH STREET SUITE 1550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055101
ReturnHeader/PreparerPersonGrp/PhoneNum06516890130
ReturnHeader/PreparerPersonGrp/PreparationDt02019-02-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A JOHNSON CPA
ReturnHeader/ReturnTs02019-03-11T16:39:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,999
Liabilities
$0
Net assets
$20,999
Revenue
$5,496
Expenses
$6,310
Net income
-$814
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.4$0.00$23.4$24.8$23.2$1.56
2023Detailed filing. Detailed filing data is available for this year.$21.8$0.00$21.8$18.7$22.9$4.18
2022Detailed filing. Detailed filing data is available for this year.$26.0$0.00$26.0$17.5$16.8$0.66
2021Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$8.53$8.27$0.26
2020Detailed filing. Detailed filing data is available for this year.$25.1$0.00$25.1$4.35$1.77$2.59
2019Detailed filing. Detailed filing data is available for this year.$22.5$0.00$22.5$5.71$4.19$1.52
2018Detailed filing. Detailed filing data is available for this year.$21.0$0.00$21.0$5.50$6.31$0.81
2017Detailed filing. Detailed filing data is available for this year.$21.8$0.00$21.8$7.48$4.97$2.50
2016Detailed filing. Detailed filing data is available for this year.$19.3$0.00$19.3$0.99$0.62$1.61
2015Detailed filing. Detailed filing data is available for this year.$20.9$0.00$20.9$0.94$1.32$2.26
2014Detailed filing. Detailed filing data is available for this year.$23.2$0.00$23.2$2.49$2.62$0.13
2013Detailed filing. Detailed filing data is available for this year.$23.3$0.00$23.3$1.01$0.86$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$0.00$23.2$1.27$0.99$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$0.00$22.9$2.77$0.91$1.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.00$21.0$2.27$1.06$1.21