Civic Intelligence

40 Winks Foundation

990EZ • Fiscal year 2021 • EIN 26-2834867

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 12, 2022

Organization ProfileWWW.40WINKSFOUNDATION.COM
3060 Centerville RoadLittle Canada, MN 55117

(651) 482-7500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

13th percentile

-42%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

3.5%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$137,801

Down $45,813 (-25%) from 2020

Net Assets

Down

$137,801

Down $45,813 (-25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin13th percentile

Revenue

Up

$109,334

Up $3,692 (+3.5%) from 2020

Expenses

Up

$155,147

Up $49,373 (+47%) from 2020

Net Income

Down

-$45,813

Down $45,681 (-34607%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$400K$300K$200K$100K$0Assets 2010: $197,921Liabilities 2010: $0Net Assets 2010: $197,9212010Assets 2011: $208,392Liabilities 2011: $0Net Assets 2011: $208,3922011Assets 2012: $283,829Liabilities 2012: $0Net Assets 2012: $283,8292012Assets 2013: $341,735Liabilities 2013: $0Net Assets 2013: $341,7352013Assets 2014: $382,826Liabilities 2014: $0Net Assets 2014: $382,8262014Assets 2015: $398,682Liabilities 2015: $0Net Assets 2015: $398,6822015Assets 2016: $346,991Liabilities 2016: $0Net Assets 2016: $346,9912016Assets 2017: $273,440Liabilities 2017: $0Net Assets 2017: $273,4402017Assets 2018: $155,050Liabilities 2018: $0Net Assets 2018: $155,0502018Assets 2019: $183,746Liabilities 2019: $0Net Assets 2019: $183,7462019Assets 2020: $183,614Liabilities 2020: $0Net Assets 2020: $183,6142020Assets 2021: $137,801Liabilities 2021: $0Net Assets 2021: $137,8012021Assets 2022: $122,870Liabilities 2022: $0Net Assets 2022: $122,8702022Assets 2024: $201,123Liabilities 2024: $0Net Assets 2024: $201,1232024

Highlighted filing

2021

Assets$137,801
Liabilities$0
Net Assets$137,801
Open 2021 Filing

Operations Trend

Revenue Growth50th percentile

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

$400K$200K$0-$200KRevenue 2010: $110,955Expenses 2010: $8,213Net Income 2010: $102,7422010Revenue 2011: $112,981Expenses 2011: $102,510Net Income 2011: $10,4712011Revenue 2012: $109,341Expenses 2012: $33,904Net Income 2012: $75,4372012Revenue 2013: $92,737Expenses 2013: $34,831Net Income 2013: $57,9062013Revenue 2014: $108,585Expenses 2014: $67,494Net Income 2014: $41,0912014Revenue 2015: $114,755Expenses 2015: $98,899Net Income 2015: $15,8562015Revenue 2016: $137,704Expenses 2016: $189,395Net Income 2016: -$51,6912016Revenue 2017: $239,745Expenses 2017: $313,295Net Income 2017: -$73,5502017Revenue 2018: $147,856Expenses 2018: $266,246Net Income 2018: -$118,3902018Revenue 2019: $129,209Expenses 2019: $100,513Net Income 2019: $28,6962019Revenue 2020: $105,642Expenses 2020: $105,774Net Income 2020: -$1322020Revenue 2021: $109,334Expenses 2021: $155,147Net Income 2021: -$45,8132021Revenue 2022: $125,392Expenses 2022: $140,323Net Income 2022: -$14,9312022Revenue 2024: $181,055Expenses 2024: $92,565Net Income 2024: $88,4902024

Highlighted filing

2021

Revenue$109,334
Expenses$155,147
Net Income-$45,813
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 12, 2022
Return Version
2021v4.2
Gross Receipts
$109,334
Mission and Program Overview

Mission

NONE

Helping children and families get a healthy night's sleep.

Program Services

DescriptionGrantsExpenses
THE 40 WINKS FOUNDATION SEEKS TO PROVIDE MATTRESSES AND BEDS TO CHILDREN AND FAMILIES LACKING THE RESOURCES TO HELP THEM ATTAIN ONE OF THE FOUNDATIONAL BLOCKS OF LIFE - A FULL AND HEALTHY NIGHT'S SLEEP. THE ORGANIZATION DELIVERED 606 BEDS TO CHILDREN OF NEED IN 2020.$135,700$135,700
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH LARSONPresident-$0--
BARBARA LARSONSecretary-$0--
LISA OLSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
40 Winks Foundation
EIN
26-2834867
Phone
6514827500
Address
3060 CENTERVILLE ROAD, LITTLE CANADA, MN 55117

Signing Officer

Name
Kenneth Larson
Title
President
Phone
6514827500
Signed
2022-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Wipfli Llp
Address
1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
Preparer
Michael J Peterson CPA
Phone
2187224705
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grant. Grantee name: miscellaneous (under $5,000). Property description: new beds. Method used to determine book value: actual paid. Method used to determine fmv: actual paid. Amount given: 135,700. Total included on form 990-ez, line 10: 135,700.”

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

“Description: admin. Amount: 19,447.”

Raw XML Appendix146 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/BusinessNameLine1Txt0LISA OLSON
IRS990EZ/BooksInCareOfDetail/PhoneNum06514827500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03060 CENTERVILLE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LITTLE CANADA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055117
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0183614
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0137801
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0109334
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-45813
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0183614
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0137801
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0135700
IRS990EZ/GrossReceiptsAmt0109334
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0183614
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0137801
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0183614
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0137801
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BARBARA LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LISA OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt019447
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HELPING CHILDREN AND FAMILIES GET A HEALTHY NIGHT'S SLEEP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 40 WINKS FOUNDATION SEEKS TO PROVIDE MATTRESSES AND BEDS TO CHILDREN AND FAMILIES LACKING THE RESOURCES TO HELP THEM ATTAIN ONE OF THE FOUNDATIONAL BLOCKS OF LIFE - A FULL AND HEALTHY NIGHT'S SLEEP. THE ORGANIZATION DELIVERED 606 BEDS TO CHILDREN OF NEED IN 2020.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0135700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0135700
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0155147
IRS990EZ/TotalProgramServiceExpensesAmt0135700
IRS990EZ/TotalRevenueAmt0109334
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.40WINKSFOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0109334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt084458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt097954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0147856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0239745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0679347
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt052439
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49040
IRS990ScheduleA/PublicSupportPY170Pct00.47900
IRS990ScheduleA/PublicSupportTotal170Amt0333183
IRS990ScheduleA/SubstantialContributorsTotAmt0346164
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0109334
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt097954
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0147856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0239745
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0679347
IRS990ScheduleA/TotalSupportAmt0679347
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: MISCELLANEOUS (UNDER $5,000). PROPERTY DESCRIPTION: NEW BEDS. METHOD USED TO DETERMINE BOOK VALUE: ACTUAL PAID. METHOD USED TO DETERMINE FMV: ACTUAL PAID. AMOUNT GIVEN: 135,700. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 135,700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADMIN. AMOUNT: 19,447.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06514827500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt040 WINKS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt040WI
ReturnHeader/Filer/EIN0262834867
ReturnHeader/Filer/PhoneNum06514827500
ReturnHeader/Filer/USAddress/AddressLine1Txt03060 CENTERVILLE ROAD
ReturnHeader/Filer/USAddress/CityNm0LITTLE CANADA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055117
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390758449
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WIPFLI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01502 LONDON ROAD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055812
ReturnHeader/PreparerPersonGrp/PhoneNum02187224705
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J PETERSON CPA
ReturnHeader/ReturnTs02022-11-15T08:31:38-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KENNETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LARSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$137,801
Liabilities
$0
Net assets
$137,801
Revenue
$109,334
Expenses
$155,147
Net income
-$45,813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$1.81$0.93$0.88
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$1.25$1.40$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$1.09$1.55$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.00$1.84$1.06$1.06$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.29$1.01$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$1.48$2.66$1.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$0.00$2.73$2.40$3.13$0.74
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.00$3.47$1.38$1.89$0.52
2015Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$1.15$0.99$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$1.09$0.67$0.41
2013Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.93$0.35$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.00$2.84$1.09$0.34$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.00$2.08$1.13$1.03$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.00$1.98$1.11$0.08$1.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits