Civic Intelligence

Fl Business Condominiums Owners Association

990EZ • Fiscal year 2019 • EIN 27-2853597

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 22, 2020

Organization Profile
80 NW 3rd StreetForest Lake, MN 55025

(651) 464-3231

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

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

2019 filings • 501(c)2 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

43rd percentile

0.00x

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

2019 filings • 501(c)2 • <$500k nonprofits • Source year 2019

Net Margin

41st percentile

-3.8%

Higher net margin than 41% of similar nonprofits.

2019 filings • 501(c)2 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2019 filings • 501(c)2 • <$500k nonprofits • Source year 2019

Asset Growth

23rd percentile

-8.2%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)2 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)2 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Down

$5,960

Down $5,400 (-48%) from 2017

Net Assets

Down

$5,960

Down $5,400 (-48%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin41st percentile

Revenue

Up

$14,001

Up $9,991 (+249%) from 2017

Expenses

Up

$14,536

Up $8,487 (+140%) from 2017

Net Income

Up

-$535

Up $1,504 (+74%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$15K$10K$5.0K$0Assets 2012: $2,461Net Assets 2012: $2,4612012Assets 2013: $13,674Liabilities 2013: $0Net Assets 2013: $13,6742013Assets 2014: $13,930Liabilities 2014: $0Net Assets 2014: $13,9302014Assets 2015: $11,958Liabilities 2015: $0Net Assets 2015: $11,9582015Assets 2016: $13,399Liabilities 2016: $0Net Assets 2016: $13,3992016Assets 2017: $11,360Liabilities 2017: $0Net Assets 2017: $11,3602017Assets 2019: $5,960Liabilities 2019: $0Net Assets 2019: $5,9602019Assets 2020: $2,905Liabilities 2020: $0Net Assets 2020: $2,9052020Assets 2021: $6,394Liabilities 2021: $0Net Assets 2021: $6,3942021Assets 2022: $5,280Liabilities 2022: $0Net Assets 2022: $5,2802022

Highlighted filing

2019

Assets$5,960
Liabilities$0
Net Assets$5,960
Open 2019 Filing

Operations Trend

Revenue Growth77th percentile

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

$15K$10K$5.0K$0-$5.0KRevenue 2012: $6,000Expenses 2012: $4,843Net Income 2012: $1,1572012Revenue 2013: $14,000Expenses 2013: $2,787Net Income 2013: $11,2132013Revenue 2014: $8,012Expenses 2014: $7,756Net Income 2014: $2562014Revenue 2015: $4,010Expenses 2015: $5,982Net Income 2015: -$1,9722015Revenue 2016: $8,010Expenses 2016: $6,569Net Income 2016: $1,4412016Revenue 2017: $4,010Expenses 2017: $6,049Net Income 2017: -$2,0392017Revenue 2019: $14,001Expenses 2019: $14,536Net Income 2019: -$5352019Revenue 2020: $6,000Expenses 2020: $9,055Net Income 2020: -$3,0552020Revenue 2021: $12,000Expenses 2021: $8,511Net Income 2021: $3,4892021Revenue 2022: $12,000Expenses 2022: $13,115Net Income 2022: -$1,1152022

Highlighted filing

2019

Revenue$14,001
Expenses$14,536
Net Income-$535
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 22, 2020
Return Version
2019v5.1
Gross Receipts
$14,001
Mission and Program Overview

Mission

Condominium owners association

Program Services

DescriptionGrantsExpenses
CONDOMINIUM OWNERS ASSOCIATION.--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID ENGELKINGMember-$0--
GARY KERKOWMember-$0--
Filing and Contact Details

Filer

Filer Name
Fl Business Condominiums
EIN
27-2853597
Address
80 NW 3RD STREET, FOREST LAKE, MN 55025

Signing Officer

Name
David E Engelking
Title
Member
Phone
6514643231
Signed
2020-06-22
Discuss with paid preparer
No

Preparer

Firm
David E Engelking Ltd
Address
80 NW 3RD STREET, FOREST LAKE, MN 55025
Preparer
David E Engelking
Phone
6514643231
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountbank fees 170insurance 4,838lawncare and snowplow 4,534repairs and maintenance 2,720utilities 2,274”

Raw XML Appendix101 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID ENGELKING
IRS990EZ/BooksInCareOfDetail/PhoneNum06514643231
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt080 NW 3RD STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FOREST LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06495
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05960
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-535
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06495
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05960
IRS990EZ/GrossReceiptsAmt014001
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt014000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06495
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05960
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06495
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05960
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID ENGELKING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GARY KERKOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt014536
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONDOMINIUM OWNERS ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDOMINIUM OWNERS ASSOCIATION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014536
IRS990EZ/TotalRevenueAmt014001
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK FEES 170INSURANCE 4,838LAWNCARE AND SNOWPLOW 4,534REPAIRS AND MAINTENANCE 2,720UTILITIES 2,274
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID E ENGELKING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum06514643231
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FL BUSINESS CONDOMINIUMS
ReturnHeader/Filer/BusinessNameControlTxt0FLBU
ReturnHeader/Filer/EIN0272853597
ReturnHeader/Filer/USAddress/AddressLine1Txt080 NW 3RD STREET
ReturnHeader/Filer/USAddress/CityNm0FOREST LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055025
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06870BCCC4EDAA3B06E9AA6DD11F2893BBA7230C9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06870BCCC4EDAA3B06E9AA6DD11F2893BBA7230C9
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04143122020174le5yj5v
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-06-22
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.230.99.190
ReturnHeader/FilingSecurityInformation/IPDt02020-06-22
ReturnHeader/FilingSecurityInformation/IPTm015:02:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411837625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID E ENGELKING LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 NW 3RD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055025
ReturnHeader/PreparerPersonGrp/PhoneNum06514643231
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID E ENGELKING
ReturnHeader/ReturnTs02020-06-22T15:01:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,960
Liabilities
$0
Net assets
$5,960
Revenue
$14,001
Expenses
$14,536
Net income
-$535
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$12.0$13.1$1.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.39$0.00$6.39$12.0$8.51$3.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.00$2.91$6.00$9.06$3.06
2019Detailed filing. Detailed filing data is available for this year.$5.96$0.00$5.96$14.0$14.5$0.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.00$11.4$4.01$6.05$2.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.00$13.4$8.01$6.57$1.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.00$12.0$4.01$5.98$1.97
2014Detailed filing. Detailed filing data is available for this year.$13.9$0.00$13.9$8.01$7.76$0.26
2013Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$14.0$2.79$11.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$2.46$6.00$4.84$1.16