Civic Intelligence

Granite Falls Riverfront Revitalization Inc.

990EZ • Fiscal year 2012 • EIN 27-0294886

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 10, 2013

PO Box 1356241
Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

88th percentile

0.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Assets

$197,069

No earlier filing loaded for comparison.

Net Assets

$188,349

No earlier filing loaded for comparison.

Liabilities

$8,720

No earlier filing loaded for comparison.

Revenue

$31,793

No earlier filing loaded for comparison.

Expenses

$14,075

No earlier filing loaded for comparison.

Net Income

$17,718

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $197,069Liabilities 2012: $8,720Net Assets 2012: $188,3492012Assets 2013: $24,305Net Assets 2013: $24,3052013

Highlighted filing

2012

Assets$197,069
Liabilities$8,720
Net Assets$188,349

Operations Trend

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

$50K$0-$50K-$100K-$150K-$200KRevenue 2012: $31,793Expenses 2012: $14,075Net Income 2012: $17,7182012Revenue 2013: -$149,254Expenses 2013: $14,790Net Income 2013: -$164,0442013

Highlighted filing

2012

Revenue$31,793
Expenses$14,075
Net Income$17,718
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 10, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

The mission of the granite falls riverfront revitalization inc. Is to bring people together to revitalize the riverfront and downtown granite falls. This mission is accomplished through building construction, renovation and re-use, community based planning, events & celebrations and public space projects that highlight the river as a central asset of the community.

Filing and Contact Details

Filer

EIN
27-0294886
Raw XML Appendix160 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/Compensation/PersonName0PATRICK MOORE
CompensationExplanation/Compensation/PersonName1STEVE VIRNIG
CompensationExplanation/Compensation/PersonName2HELEN STUKEL
CompensationExplanation/Compensation/PersonName3SARINA OTAIBI
CompensationExplanation/Compensation/PersonName4NANCY BEASLEY
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY01057
IRS990EZ/CashSavingsAndInvestments/EOY01248
IRS990EZ/ContributionsGiftsGrantsEtc022175
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear017718
IRS990EZ/FeesAndOthPymtToIndContractors0650
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome0991
IRS990EZ/GrossReceipts031793
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InvestmentIncome08627
IRS990EZ/LandAndBuildings/BOY0178840
IRS990EZ/LandAndBuildings/EOY0195675
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY0170631
IRS990EZ/NetAssetsOrFundBalancesBOY0170631
IRS990EZ/NetAssetsOrFundBalances/EOY0188349
IRS990EZ/NetAssetsOrFundBalancesEOY0188349
IRS990EZ/OccupancyRentUtilitiesAndMaint08
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition14.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition32.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition45.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0PATRICK MOORE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1STEVE VIRNIG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2HELEN STUKEL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3SARINA OTAIBI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4NANCY BEASLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0MEMBER AT LA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4TREASURER
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationFiled990T0true
IRS990EZ/OrganizationHadUBI0true
IRS990EZ/OtherAssetsTotal/EOY0146
IRS990EZ/OtherExpensesTotal013078
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0THE MISSION OF THE GRANITE FALLS RIVERFRONT REVITALIZATION INC. IS TO BRING PEOPLE TOGETHER TO REVITALIZE THE RIVERFRONT AND DOWNTOWN GRANITE FALLS. THIS MISSION IS ACCOMPLISHED THROUGH BUILDING CONSTRUCTION, RENOVATION AND RE-USE, COMMUNITY BASED PLANNING, EVENTS & CELEBRATIONS AND PUBLIC SPACE PROJECTS THAT HIGHLIGHT THE RIVER AS A CENTRAL ASSET OF THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostage0339
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0IN 2012, WE FINISHED THE BUILDING CONSTRUCTION OF THE K.K. BERGE BUILDING. IT HAS BECOME AN IDEAL EXAMPLE OF CREATIVE RE-USE OF HISTORIC BUILDINGS AND PLACE MAKING. IT IS NOW USED FOR THE LOCAL CHAMBER OF COMMERCE, ARTS COUNCIL DISPLAYS, OTHER VARIOUS HISTORICAL DISPLAYS, AS WELL AS OTHER PUBLIC USES. GFRR ALSO TOOK PART IN A MULTI-ORGANIZATIONAL EFFORT TO HOST A MEANDER OPENING NIGHT EVENT, AN EVENT WHICH DRAWS HUNDREDS OF PEOPLE TO THE AREA ANNUALLY.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses011258
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SpecialEventsNetIncomeLoss0991
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MN
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY09266
IRS990EZ/SumOfTotalLiabilities/EOY08720
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10PO BOX 13
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0GRANITE FALLS
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode056241
IRS990EZ/TheBooksAreInCareOf/NamePerson0NANCY BEASLEY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber03202262121
IRS990EZ/TotalAssets/BOY0179897
IRS990EZ/TotalAssets/EOY0197069
IRS990EZ/TotalExpenses014075
IRS990EZ/TotalProgramServiceExpenses011258
IRS990EZ/TotalRevenue031793
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
IRS990ScheduleA/AmountsSubstContributorsTotal07380
IRS990ScheduleA/First5Years1700X
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear022175
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0168926
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years032888
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years016076
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0240065
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year0170
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years0246
IRS990ScheduleA/OtherIncome170/Total0416
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportTotal1700232685
IRS990ScheduleA/Total170/CurrentTaxYear022175
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0168926
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years032888
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years016076
IRS990ScheduleA/Total170/Total0240065
IRS990ScheduleA/TotalSupport0240481
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0K.K. BERGE BUILDING INTEREST 91 INSURANCE 2,108 REAL ESTATE TAXES 1,358 UTILITIES 2,161 NON-INVESTMENT DEPRECIATION 5,059 EXPENSES ADVERTISING 95 PROMOTIONS 1,222 SUPPLIES 984 TOTAL 13,078
IRS990ScheduleO/GeneralExplanation/Explanation1PROJECTOR SCREEN 0 154 LESS ACCUMULATED DEPRECIATION 0 8 TOTAL 0 146
IRS990ScheduleO/GeneralExplanation/Explanation2MORTGAGE AND OTHER NOTES PAYABLE 9,266 8,720
IRS990ScheduleO/GeneralExplanation/Explanation3THE MISSION OF THE GRANITE FALLS RIVERFRONT REVITALIZATION INC. IS TO BRING PEOPLE TOGETHER TO REVITALIZE THE RIVERFRONT AND DOWNTOWN GRANITE FALLS. THIS MISSION IS ACCOMPLISHED THROUGH BUILDING CONSTRUCTION, RENOVATION AND RE-USE, COMMUNITY BASED PLANNING, EVENTS & CELEBRATIONS AND PUBLIC SPACE PROJECTS THAT HIGHLIGHT THE RIVER AS A CENTRAL ASSET OF THE COMMUNITY.
IRS990ScheduleO/GeneralExplanation/Explanation4IN 2012, WE FINISHED THE BUILDING CONSTRUCTION OF THE K.K. BERGE BUILDING. IT HAS BECOME AN IDEAL EXAMPLE OF CREATIVE RE-USE OF HISTORIC BUILDINGS AND PLACE MAKING. IT IS NOW USED FOR THE LOCAL CHAMBER OF COMMERCE, ARTS COUNCIL DISPLAYS, OTHER VARIOUS HISTORICAL DISPLAYS, AS WELL AS OTHER PUBLIC USES. GFRR ALSO TOOK PART IN A MULTI-ORGANIZATIONAL EFFORT TO HOST A MEANDER OPENING NIGHT EVENT, AN EVENT WHICH DRAWS HUNDREDS OF PEOPLE TO THE AREA ANNUALLY.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier3PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/Identifier4FIRST ACCOMPLISHMENT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0270294886
ReturnHeader/Filer/Name/BusinessNameLine10GRANITE FALLS RIVERFRONT
ReturnHeader/Filer/Name/BusinessNameLine20REVITALIZATION INC
ReturnHeader/Filer/NameControl0GRAN
ReturnHeader/Filer/Phone03202262121
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 13
ReturnHeader/Filer/USAddress/City0GRANITE FALLS
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode056241
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-07-10
ReturnHeader/Officer/Name0STEVE VIRNIG
ReturnHeader/Officer/Phone03202262121
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02013-07-12
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10DANA F COLE & COMPANY LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10PO BOX 502
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MONTEVIDEO
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode056265
ReturnHeader/Preparer/Name0JAMES B KNUTSON
ReturnHeader/Preparer/Phone03202692146
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-08-06T15:30:02-05:00

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