Civic Intelligence

Givemn

990 • Fiscal year 2015 • EIN 27-0374054

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 05, 2016

101 Fifth Street East No 2400Saint Paul, MN 55101-1800

(651) 325-4240

Siviq Scores

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

Liabilities / Assets

61st percentile

0.20x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

34th percentile

-2.0%

Higher net margin than 34% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

91st percentile

$225,246

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 22.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

46th percentile

-0.1%

Faster asset growth than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$984,955

Down $1,185 (-0.1%) from 2014

Net Assets

Down

$791,860

Down $20,021 (-2.5%) from 2014

Liabilities

Up

$193,095

Up $18,836 (+11%) from 2014

Revenue

Up

$1,000,916

Up $110,933 (+12%) from 2014

Expenses

Down

$1,020,937

Down $80,727 (-7.3%) from 2014

Net Income

Up

-$20,021

Up $191,660 (+91%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $526,620Liabilities 2010: $124,539Net Assets 2010: $402,0812010Assets 2011: $468,988Liabilities 2011: $129,409Net Assets 2011: $339,5792011Assets 2012: $753,009Liabilities 2012: $232,049Net Assets 2012: $520,9602012Assets 2013: $1,181,786Liabilities 2013: $176,761Net Assets 2013: $1,005,0252013Assets 2014: $986,140Liabilities 2014: $174,259Net Assets 2014: $811,8812014Assets 2015: $984,955Liabilities 2015: $193,095Net Assets 2015: $791,8602015Assets 2016: $924,152Liabilities 2016: $191,245Net Assets 2016: $732,9072016Assets 2017: $853,973Liabilities 2017: $199,654Net Assets 2017: $654,3192017Assets 2018: $689,775Liabilities 2018: $49,669Net Assets 2018: $640,1062018Assets 2020: $1,391,945Liabilities 2020: $260,245Net Assets 2020: $1,131,7002020Assets 2021: $1,475,251Liabilities 2021: $132,778Net Assets 2021: $1,342,4732021Assets 2022: $1,195,446Liabilities 2022: $174,145Net Assets 2022: $1,021,3012022Assets 2023: $646,094Liabilities 2023: $107,234Net Assets 2023: $538,8602023Assets 2024: $140,963Liabilities 2024: $521,801Net Assets 2024: -$380,8382024

Highlighted filing

2015

Assets$984,955
Liabilities$193,095
Net Assets$791,860

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,134,1242010Expenses 2011: $768,0532011Expenses 2012: $840,5972012Revenue 2013: $1,452,175Expenses 2013: $968,110Net Income 2013: $484,0652013Revenue 2014: $889,983Expenses 2014: $1,101,664Net Income 2014: -$211,6812014Revenue 2015: $1,000,916Expenses 2015: $1,020,937Net Income 2015: -$20,0212015Revenue 2016: $971,810Expenses 2016: $1,030,763Net Income 2016: -$58,9532016Revenue 2017: $969,573Expenses 2017: $1,048,161Net Income 2017: -$78,5882017Revenue 2018: $947,531Expenses 2018: $961,744Net Income 2018: -$14,2132018Revenue 2020: $2,144,305Expenses 2020: $1,624,957Net Income 2020: $519,3482020Revenue 2021: $1,796,512Expenses 2021: $1,585,932Net Income 2021: $210,5802021Revenue 2022: $1,190,324Expenses 2022: $1,511,496Net Income 2022: -$321,1722022Revenue 2023: $1,447,434Expenses 2023: $1,929,875Net Income 2023: -$482,4412023Revenue 2024: $1,161,896Expenses 2024: $2,082,324Net Income 2024: -$920,4282024

Highlighted filing

2015

Revenue$1,000,916
Expenses$1,020,937
Net Income-$20,021
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 5, 2016
Return Version
2015v2.1
Gross Receipts
$1,000,916
Mission and Program Overview

Mission

Givemn works to ignite generosity and grow giving through givemn.org, minnesota's giving marketplace, and raisemn, a fundraising coaching and training program.

We ignite generosity and grow giving. Using creative ideas and innovative technology, we connect more people with more causes than ever before.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$816,252$829,531▲ $13,279
Pledges and Grants Receivable$90,291$112,789▲ $22,498
Land, Buildings, and Equipment, Net$72,722$42,635▼ $30,087
Accounts Receivable$6,875--
Total Assets$986,140$984,955▼ $1,185
Liabilities
Accounts Payable and Accrued Expenses$168,919$187,370▲ $18,451
Other Liabilities$5,340$5,725▲ $385
Total Liabilities$174,259$193,095▲ $18,836
Net Assets / Fund Balance
Unrestricted Net Assets$759,881$746,860▼ $13,021
Temporarily Rstr Net Assets$52,000$45,000▼ $7,000
Total Net Assets Fund Balance$811,881$791,860▼ $20,021
Total Liabilities and Net Assets / Fund Balance$986,140$984,955▼ $1,185

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,635$47,643$90,278
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Ms Dana Nelson ExecutiveDirector/secretary (1/1/15 - 7/17/15)FT$113,633$113,633
Mr Jake Blumberg ExecutiveDirector (11/1/15 - 12/31/15)FT$18,251$18,251

Board Members and Trustees

NameTitle
Ms Cyndi LesherChair/board Member
Mr Todd HauschildtVice Chair/board Member
Mr Jeremy WellsAssistant Treasurer/board Member
Mr C Scott CooperBoard Member
Mr Chris LambeBoard Member
Mr John LarsenBoard Member
Mr Mark WilsonBoard Member
Ms Diana AndersonBoard Member
Ms Jo-anne StatelyBoard Member
Ms Meghan WilkerBoard Member
Ms Jacqui DorseyBoard Member and Secretary
Ms Christine SearsonTreasurer/board Member

Highest Paid Contractors

ContractorServicesLocationCompensation
The Saint Paul FoundationStaff Services, Salary And Benefits101 FIFTH STREET EAST SUITE 2400, St Paul, MN 55101$436,817
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,916
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$689,827
Change in Net Assets
$-20,021

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,000,916
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,000,916
Total Revenue per Form 990
$1,000,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$865,937
Grants and Similar Amounts Paid$155,000
Total Fundraising Expense$17,163
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$334,759$85,727$12,002$432,488
Advertising$155,457$31,316$2,000$188,773
Grants to Domestic Orgs$155,000--$155,000
Fees for Services Other$30,623$50,060$3,161$83,844
Information Technology$69,720--$69,720
Depreciation Depletion$30,096--$30,096
Conferences and Meetings$3,497$11,871-$15,368
Travel$3,041$10,597-$13,638
Fees for Services Accounting-$12,197-$12,197
Office Expenses$4,081$2,553-$6,634
Fees for Service Investment Mgmnt Fees-$3,193-$3,193
Fees for Services Legal-$1,664-$1,664
Other Expenses$480$450-$450
Total Functional Expenses$794,146$209,628$17,163$1,020,937

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,020,937
Total Expenses per Audited Statements$1,020,937
Total Expenses per Form 990$1,020,937
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The K FoundationDallas, TX501(c)(3)For Givemn Give to the Max Day Prize Grants$148,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unclaimed Gift Cards$5,725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jacqui dorsey and jeremy wells - business relationship jacqui dorsey and dana nelson - business relationship jacqui dorsey and christine searson - business relationship jacqui dorsey and jake blumberg - business relationship mark wilson and jeremy wells - business relationship mark wilson and dana nelson - business relationship mark wilson and christine searson - business relationship mark wilson and jake blumberg - business relationship christine searson and dana nelson - business relationship christine searson and jeremy wells - business relationship christine searson and jake blumberg - business relationship

Form 990, Part VI, Section A, Line 3

Givemn incurred management and administrative fees of $432,488 from the saint paul foundation, who is a related organization.

Form 990, Part VI, Section B, Line 11

The form 990 was submitted to the board of directors on august 4th for review and approval prior to submission to the irs.

Form 990, Part VI, Section B, Line 12C

Givemn follows the code of business conduct policy established by the saint paul foundation. This policy covers the areas of confidentiality, conflict of interest, ethics and reports of wrongdoing. The following outlines how the policy is being implemented: 1. Annually, the vice president of finance and operations reviews the conflict of interest policy with staff at the january all-staff meeting. Staff are required to sign a form stating that they have read and agree to comply with the terms of the policy. The vice president of finance and operations ensures that each employee has completed a signed form by the end of february following the january meeting. 2. At the first meeting of the year, the board reviews the conflict of interest policy and board members are required to sign after listing their potential conflicts. Board members not in attendance at the particular meeting are contacted by a member of senior management and asked to review the policy and complete the conflict of interest form. 3. New staff and board members receive the full code of business conduct policy with their orientation materials. They sign and return the form stating they have read and agree to comply with the terms of the code of business conduct policy. 4. Non-board members of board committees review the policy upon joining the committee and then annually thereafter, also in january. They also sign and return the form stating they have read and agree to comply with the terms of the policy. 5. Foundation consultants are given the executive summary of the code of business conduct policy as part of the independent contractor agreement.

Form 990, Part VI, Section B, Line 15

The officers and executive director are paid by the saint paul foundation, which is a related organization. The saint paul foundation has the following compensation policy for staff: a comprehensive review of staff compensation using local industry and national community foundation survey data is generally conducted every two years. The objective of the comprehensive review is to determine comparable market pay for individual positions. From survey results, the mean (average) salary is defined as the market reference point (mrp). Minimum and maximum pay for each position is set at -/+ 20% of mrp, and pay is considered competitive when it is within 10% of a position's mrp. If a position is unique to the foundations, the mrp will be based on comparison to similar internal benchmarked positions.

Form 990, Part VI, Section C, Line 19

The organization's conflict of interest policy and financial statements are available on our website. The organization's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Givemn
EIN
27-0374054
Phone
6513254240
Address
101 FIFTH STREET EAST NO 2400, SAINT PAUL, MN 55101-1800

Signing Officer

Name
Christine Searson
Title
Assistant Treasurer
Phone
6513254240
Signed
2016-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Searson
Formed
2009
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
50

Preparer

Firm
Akins Henke and Company
Address
600 INWOOD AVENUE NORTH SUITE 160, OAKDALE, MN 55128
Preparer
Chris Henke
Phone
6516363806
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization follows accounting standards for uncertain tax positions. No liability has been recognized by the organization under this standard.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER AND SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR/SECRETARY (1/1/15 - 7/17/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (11/1/15 - 12/31/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER/BOARD MEMBER
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IRS990/OtherExpensesGrp/ProgramServicesAmt2480
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IRS990/OtherExpensesGrp/TotalAmt2480
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IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt090291
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRISTINE SEARSON
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MINNESOTA COMMUNITY FOUNDATION
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCLAIMED GIFT CARDS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION UNDER THIS STANDARD.
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0148000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR GIVEMN GIVE TO THE MAX DAY PRIZE GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE K FOUNDATION
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS OF $100K OR MORE AND GRANTS TO NON PUBLIC CHARITIES SUBMIT FINAL REPORTS TO GIVEMN ONE YEAR FROM THE GRANT APPROVAL DATE. DEPENDING ON THE ORGANIZATION AND THE GRANT TERMS, GRANTEES MAY BE REQUIRED TO REPORT TO GIVEMN ONE MONTH AFTER THE GRANT PERIOD END DATE.
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IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180763
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1187286
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019335

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.52$0.38$1.16$2.08$0.92
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.11$0.54$1.45$1.93$0.48
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.17$1.02$1.19$1.51$0.32
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.13$1.34$1.80$1.59$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.26$1.13$2.14$1.62$0.52
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.05$0.64$0.95$0.96$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.20$0.65$0.97$1.05$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.92$0.19$0.73$0.97$1.03$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.19$0.79$1.00$1.02$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.17$0.81$0.89$1.10$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.18$0.18$1.01$1.45$0.97$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.23$0.52$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.13$0.34$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.12$0.40$1.13