Owens & Company

990EZ • Fiscal year 2014 • EIN 26-2664789

Jan 01, 2014 to Dec 31, 2014 • Filed on May 06, 2015

Organization Profile

PO Box 754Willmar, MN 56201

(320) 214-7000

Siviq Scores

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

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

7.6%

Higher net margin than 60% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

$41,578

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 33.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

115%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

33%

Faster revenue growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets69th percentile

Assets

$14,336

Up $7,682 (+115%) from 2013

Net Assets

$13,807

Up $9,480 (+219%) from 2013

Liabilities

Down

$529

Down $1,798 (-77%) from 2013

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin60th percentile

Revenue

$125,488

Up $31,341 (+33%) from 2013

Expenses

$116,008

Up $21,847 (+23%) from 2013

Net Income

$9,480

Up $9,494 (+67814%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

Highlighted filing

2014

Assets$14,336

Liabilities$529

Net Assets$13,807

Open 2014 Filing

Operations Trend

Revenue Growth80th percentile

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

Highlighted filing

2014

Revenue$125,488

Expenses$116,008

Net Income$9,480

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: May 6, 2015
Return Version: 2014v5.0
Gross Receipts: $125,488

Mission and Program Overview

Mission

Our mission is to provide quality Representative Payee Services for individuals that need assistance with their finances. We pride ourselves in creating a partnership with our clients by creating a budget that meets each persons individual needs.

Representative Payee Services

Program Services

Description	Grants	Expenses
We provide Representative Payee services to individuals who receive SSI and SSD benefits who are not able to receive those benefits unless they have a representative payee	-	-

Compensation and Service Providers

Top Officer Pay90th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Mark M Owens	Director	FT	$40,543	$1,035	$41,578
Carissa Pederson	Office Manager	FT	$22,195	-	$22,195

Filing and Contact Details

Filer

Filer Name: Owens & Company
EIN: 26-2664789
Address: PO Box 754, Willmar, MN 56201

Signing Officer

Name: Mark M Owens
Title: Director
Phone: 3202147000
Signed: 2015-05-06
Discuss with paid preparer: Yes

Preparer

Firm: Quick Return Tax Service
Address: 222 3rd St SW, Willmar, MN 56201
Preparer: Christina K Owens
Phone: 3202313880

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 1,134Advertising 89Bank Fees 3,818Bonding/Insurance 6,270Directors Meals and Meetings 2,340Director Mileage Fuel Expense 3,971Office Supplies 3,663Technology 1,178Payroll Taxes 6,133Education 128Miscellaneous 703Charitable Contributions 1,502”

Description of other assets Part II line 24

“Category Beginning of Year End of YearOffice Equipment & Furniture 4,632 6,667”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearFederal Payroll Liabilities 2,208 529State Payroll Liabilities 119 0”

Raw XML Appendix131 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	Mark M Owens
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt	0	Benefit plan consists of Family Health Insurance
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BenefitsPaidToOrForMembersAmt	0	1035
IRS990EZ/BooksInCareOfDetail/PersonNm	0	Mark M Owens
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3202147000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO Box 754
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Willmar
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	56201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	2022
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	7669
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	9480
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	85
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	6654
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	14336
IRS990EZ/GrossReceiptsAmt	0	125488
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	4327
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	13807
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	4327
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	13807
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	10358
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	37.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	40543
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	22195
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	1035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Mark M Owens
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Carissa Pederson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Office Manager
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	4632
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	6667
IRS990EZ/OtherExpensesTotalAmt	0	30929
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PrimaryExemptPurposeTxt	0	Representative Payee Services
IRS990EZ/PrintingPublicationsPostageAmt	0	1459
IRS990EZ/ProgramServiceRevenueAmt	0	125488
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	We provide Representative Payee services to individuals who receive SSI and SSD benefits who are not able to receive those benefits unless they have a representative payee
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	72142
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	2327
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	529
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	116008
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	125488
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationOtherDesc	0	Not for Prof
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt	0	125488
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt	0	98960
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt	0	70137
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt	0	43161
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt	0	27381
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	365127
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	365127
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	125488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	98960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	70137
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	43161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	27381
IRS990ScheduleA/Total509Grp/TotalAmt	0	365127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	125488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	98960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	70137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	43161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	27381
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	365127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountDepreciation from 4562 1,134Advertising 89Bank Fees 3,818Bonding/Insurance 6,270Directors Meals and Meetings 2,340Director Mileage Fuel Expense 3,971Office Supplies 3,663Technology 1,178Payroll Taxes 6,133Education 128Miscellaneous 703Charitable Contributions 1,502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Category Beginning of Year End of YearOffice Equipment & Furniture 4,632 6,667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearFederal Payroll Liabilities 2,208 529State Payroll Liabilities 119 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of total liabilities Part II line 26
ReturnHeader/BuildTS	0	2016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Mark M Owens
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Director
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3202147000
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Owens & Company
ReturnHeader/Filer/BusinessNameControlTxt	0	OWEN
ReturnHeader/Filer/EIN	0	262664789
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO Box 754
ReturnHeader/Filer/USAddress/CityNm	0	Willmar
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	56201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	411687187
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Quick Return Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	222 3rd St SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	56201
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3202313880
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2015-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Christina K Owens
ReturnHeader/ReturnTs	0	2015-10-08T12:25:33-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-01-01
ReturnHeader/TaxPeriodEndDt	0	2014-12-31
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $14,336
Liabilities: $529
Net assets: $13,807
Revenue: $125,488
Expenses: $116,008
Net income: $9,480

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.16	$0.07	$0.09	$1.09	$1.12	$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.21	$0.03	$0.19	$1.04	$0.95	$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.10	$0.01	$0.10	$0.77	$0.70	$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.07	$0.05	$0.03	$0.62	$0.66	$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.07	$0.00	$0.07	$0.54	$0.52	$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.05	$0.01	$0.05	$0.44	$0.41	$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.04	$0.02	$0.02	$0.39	$0.38	$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.04	$0.03	$0.01	$0.31	$0.33	$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.06	$0.04	$0.02	$0.23	$0.21	$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.01	$0.00	$0.00	$0.16	$0.17	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.13	$0.12	$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.01	$0.00	$0.00	$0.09	$0.09	$0.00