Civic Intelligence

Lanesboro Local Inc

990EZ • Fiscal year 2014 • EIN 26-4769416

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 24, 2015

Organization Profilelanesborolocal.com
PO Box 94Lanesboro, MN 55949

(507) 467-2944

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

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

Asset Growth

16th percentile

-28%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

7th percentile

-60%

Faster revenue growth than 7% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$10,594

Down $4,166 (-28%) from 2013

Net Assets

Down

$8,691

Down $2,404 (-22%) from 2013

Liabilities

Down

$1,903

Down $1,762 (-48%) from 2013

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin22nd percentile

Revenue

Down

$22,584

Down $33,717 (-60%) from 2013

Expenses

Down

$24,988

Down $45,277 (-64%) from 2013

Net Income

Up

-$2,404

Up $11,560 (+83%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$30K$20K$10K$0Assets 2010: $27,051Liabilities 2010: $1,914Net Assets 2010: $25,1372010Assets 2011: $25,640Liabilities 2011: $1,605Net Assets 2011: $24,0352011Assets 2012: $26,535Liabilities 2012: $1,476Net Assets 2012: $25,0592012Assets 2013: $14,760Liabilities 2013: $3,665Net Assets 2013: $11,0952013Assets 2014: $10,594Liabilities 2014: $1,903Net Assets 2014: $8,6912014

Highlighted filing

2014

Assets$10,594
Liabilities$1,903
Net Assets$8,691
Open 2014 Filing

Operations Trend

Revenue Growth7th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $58,975Expenses 2010: $61,149Net Income 2010: -$2,1742010Revenue 2011: $114,299Expenses 2011: $115,401Net Income 2011: -$1,1022011Revenue 2012: $71,608Expenses 2012: $70,584Net Income 2012: $1,0242012Revenue 2013: $56,301Expenses 2013: $70,265Net Income 2013: -$13,9642013Revenue 2014: $22,584Expenses 2014: $24,988Net Income 2014: -$2,4042014

Highlighted filing

2014

Revenue$22,584
Expenses$24,988
Net Income-$2,404
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 24, 2015
Return Version
2014v5.0
Gross Receipts
$33,701
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.--
The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.--
The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.T--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY MARTINAONDirectorPT$0--
LONI KEMPDirector/SecretaryPT$0--
MARY T BELLDirectorPT$0--
NANCY NORTHDirectorPT$0--
BONNIE HAUGENChair/DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Lanesboro Local Inc
EIN
26-4769416
Phone
5074672944
Address
PO BOX 94, LANESBORO, MN 55949

Signing Officer

Name
Bonnie Haugen
Title
Board Chair
Phone
5077438326
Signed
2015-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Richard a Nethercut Pa
Address
32 Main Avenue North, Harmony, MN 55939-0657
Preparer
Richard A Nethercut
Phone
5078866131
Supplemental Narrative

Additional Explanations

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

“SALES TAX 742”

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

“ADVERTISING 997”

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

“MEMBERSHIP 390”

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

“COMPUTER SUPPORT 5,822”

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

“WEB SITE 741”

Form 990-EZ, Part II, Line 24, Other Assets

“INVENTORY Beginning of year 2,000, End of year 2,000”

Form 990-EZ, Part II, Line 26, Liabilities

“PAYROLL AND SALES TAX Beginning of year 3,665, End of year 1,903”

Form 990-EZ, Part III, Line 1

“Primary Exempt PurposeOur mission is to support local growers and producers whose successdirectly contributes to the strength of the local economy.”

Raw XML Appendix161 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum05078862214
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HARMONY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055939
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012760
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08594
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IRS990EZ/ExcessOrDeficitForYearAmt0-2404
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IRS990EZ/OccupancyRentUtltsAndMaintAmt02027
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY MARTINAON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LONI KEMP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY T BELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NANCY NORTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BONNIE HAUGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CHAIR/DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02000
IRS990EZ/OtherExpensesTotalAmt08692
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0860
IRS990EZ/ProgramServiceRevenueAmt01522
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2The organization through its website and retail Marketplace in Lanesboro,MN builds awareness of the true value of locally grown and produced goodsand facilitates the exchange of those goods between producers andconsumers.T
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt013409
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01572
IRS990EZ/SpecialEventsNetIncomeLossAmt04517
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03665
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01903
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt024988
IRS990EZ/TotalRevenueAmt022584
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0lanesborolocal.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0167632
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0167632
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068267
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0167632
IRS990ScheduleA/TotalSupportAmt0167632
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/ExplanationTxt0SALES TAX 742
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADVERTISING 997
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP 390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPUTER SUPPORT 5,822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEB SITE 741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INVENTORY Beginning of year 2,000, End of year 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL AND SALES TAX Beginning of year 3,665, End of year 1,903
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Primary Exempt PurposeOur mission is to support local growers and producers whose successdirectly contributes to the strength of the local economy.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part III, Line 1
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE HAUGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05077438326
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LANESBORO LOCAL INC
ReturnHeader/Filer/BusinessNameControlTxt0LANE
ReturnHeader/Filer/EIN0264769416
ReturnHeader/Filer/PhoneNum05074672944
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 94
ReturnHeader/Filer/USAddress/CityNm0LANESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055949
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARD A NETHERCUT PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032 Main Avenue North
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Harmony
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0559390657
ReturnHeader/PreparerPersonGrp/PhoneNum05078866131
ReturnHeader/PreparerPersonGrp/PreparationDt02015-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard A Nethercut
ReturnHeader/ReturnTs02015-03-24T03:10:32-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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
$10,594
Liabilities
$1,903
Net assets
$8,691
Revenue
$22,584
Expenses
$24,988
Net income
-$2,404
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$0.23$0.25$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.04$0.11$0.56$0.70$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.25$0.72$0.71$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.02$0.24$1.14$1.15$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.25$0.59$0.61$0.02