Civic Intelligence

Minnesota Tkd Association Inc.

990EZ • Fiscal year 2018 • EIN 30-0376051

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 12, 2019

6463 Sycamore CT NMaple Grove, MN 55369-6028

(763) 559-7091

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

32nd percentile

-7.7%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-35%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$80,345

Down $6,666 (-7.7%) from 2017

Net Assets

Down

$80,345

Down $6,666 (-7.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$60,211

Down $31,840 (-35%) from 2017

Expenses

Down

$66,877

Down $2,917 (-4.2%) from 2017

Net Income

Down

-$6,666

Down $28,923 (-130%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $18,378Net Assets 2011: $18,3782011Assets 2012: $30,161Net Assets 2012: $30,1612012Assets 2013: $47,929Liabilities 2013: $0Net Assets 2013: $47,9292013Assets 2014: $59,009Liabilities 2014: $0Net Assets 2014: $59,0092014Assets 2015: $73,651Liabilities 2015: $0Net Assets 2015: $73,6512015Assets 2016: $64,754Liabilities 2016: $0Net Assets 2016: $64,7542016Assets 2017: $87,011Liabilities 2017: $0Net Assets 2017: $87,0112017Assets 2018: $80,345Liabilities 2018: $0Net Assets 2018: $80,3452018Assets 2019: $48,981Liabilities 2019: $0Net Assets 2019: $48,9812019Assets 2020: $18,041Liabilities 2020: $0Net Assets 2020: $18,0412020Assets 2021: $7,652Liabilities 2021: $0Net Assets 2021: $7,6522021Assets 2022: $3,768Liabilities 2022: $0Net Assets 2022: $3,7682022Assets 2023: $10,438Liabilities 2023: $0Net Assets 2023: $10,4382023Assets 2024: $7,624Liabilities 2024: $0Net Assets 2024: $7,6242024

Highlighted filing

2018

Assets$80,345
Liabilities$0
Net Assets$80,345

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $56,052Expenses 2011: $71,975Net Income 2011: -$15,9232011Revenue 2012: $75,817Expenses 2012: $64,034Net Income 2012: $11,7832012Revenue 2013: $81,891Expenses 2013: $64,123Net Income 2013: $17,7682013Revenue 2014: $92,290Expenses 2014: $81,210Net Income 2014: $11,0802014Revenue 2015: $101,646Expenses 2015: $87,004Net Income 2015: $14,6422015Revenue 2016: $86,071Expenses 2016: $94,968Net Income 2016: -$8,8972016Revenue 2017: $92,051Expenses 2017: $69,794Net Income 2017: $22,2572017Revenue 2018: $60,211Expenses 2018: $66,877Net Income 2018: -$6,6662018Revenue 2019: $81,104Expenses 2019: $112,468Net Income 2019: -$31,3642019Revenue 2020: -$1,691Expenses 2020: $29,249Net Income 2020: -$30,9402020Revenue 2021: $10,797Expenses 2021: $21,186Net Income 2021: -$10,3892021Revenue 2022: $22,817Expenses 2022: $26,701Net Income 2022: -$3,8842022Revenue 2023: $40,434Expenses 2023: $33,764Net Income 2023: $6,6702023Revenue 2024: $32,636Expenses 2024: $35,450Net Income 2024: -$2,8142024

Highlighted filing

2018

Revenue$60,211
Expenses$66,877
Net Income-$6,666
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 12, 2019
Return Version
2018v3.1
Gross Receipts
$63,405
Mission and Program Overview

Mission

The organization's primary purpose is to foster and promote amateur sports training and competition in the sport of martial arts (taekwondo).

Program Services

DescriptionGrantsExpenses
PROVIDE OPPORTUNITY FOR TAEKWONDO STUDENTS TO PARTICIPATE IN STATE, NATIONAL AND INTERNATIONAL TOURNAMENTS, INCLUDING PROVIDING TRANINING AND COACHING TO STUDENTS.$0$64,346
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EUI LEEPresident/Executive Direct-$0--
SUZANNE BUDDESecretary-$0--
PAT HOTHCo-Vice President-$0--
MARSHA BISHOPCo-Vice President-$0--
DAWN SINKULETreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carnival$33,445$33,445-$33,445
Total Events$33,445$33,445$3,194$30,251
Filing and Contact Details

Filer

Filer Name
Minnesota Tkd Association Inc
EIN
30-0376051
Phone
7635597091
Address
6463 SYCAMORE CT N, MAPLE GROVE, MN 55369-6028

Signing Officer

Name
Eui Lee
Title
President
Phone
7635597091
Signed
2019-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Ellingson & Ellingson Ltd
Address
5101 VERNON AVE S, EDINA, MN 55436
Preparer
Jane E Ehresmann
Phone
9529290315
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 10,465. Description: other expenses. Amount: 425. Total to form 990-ez, line 14: 10,890.

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

Description: apparel, uniforms & supplies. Amount: 6,970. Description: accounting fees. Amount: 1,520. Description: tournament fees. Amount: 6,670. Description: bank charges. Amount: 181. Description: license and fees. Amount: 140. Description: training. Amount: 2,800. Description: tkd equipment/supplies. Amount: 122. Description: office supplies. Amount: 171. Description: travel- tournaments. Amount: 29,922. Description: membership fees. Amount: 125. Description: student travel meals. Amount: 350. Description: education. Amount: 2,597. Description: advertising. Amount: 360. Description: scholarships. Amount: 3,900. Total to form 990-ez, line 16: 55,828.

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

Description: other depreciable assets. Beg. Of year amount: 31,101. End of year amount: 23,910.

Raw XML Appendix180 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EUI LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUZANNE BUDDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAT HOTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARSHA BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAWN SINKULE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/EXECUTIVE DIRECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CO-VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt031101
IRS990EZ/OtherAssetsTotalDetail/EOYAmt023910
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt055828
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S PRIMARY PURPOSE IS TO FOSTER AND PROMOTE AMATEUR SPORTS TRAINING AND COMPETITION IN THE SPORT OF MARTIAL ARTS (TAEKWONDO).
IRS990EZ/PrintingPublicationsPostageAmt0159
IRS990EZ/ProgramServiceRevenueAmt029960
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE OPPORTUNITY FOR TAEKWONDO STUDENTS TO PARTICIPATE IN STATE, NATIONAL AND INTERNATIONAL TOURNAMENTS, INCLUDING PROVIDING TRANINING AND COACHING TO STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0105946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt075085
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033445
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 10,465. DESCRIPTION: OTHER EXPENSES. AMOUNT: 425. TOTAL TO FORM 990-EZ, LINE 14: 10,890.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: APPAREL, UNIFORMS & SUPPLIES. AMOUNT: 6,970. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 1,520. DESCRIPTION: TOURNAMENT FEES. AMOUNT: 6,670. DESCRIPTION: BANK CHARGES. AMOUNT: 181. DESCRIPTION: LICENSE AND FEES. AMOUNT: 140. DESCRIPTION: TRAINING. AMOUNT: 2,800. DESCRIPTION: TKD EQUIPMENT/SUPPLIES. AMOUNT: 122. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 171. DESCRIPTION: TRAVEL- TOURNAMENTS. AMOUNT: 29,922. DESCRIPTION: MEMBERSHIP FEES. AMOUNT: 125. DESCRIPTION: STUDENT TRAVEL MEALS. AMOUNT: 350. DESCRIPTION: EDUCATION. AMOUNT: 2,597. DESCRIPTION: ADVERTISING. AMOUNT: 360. DESCRIPTION: SCHOLARSHIPS. AMOUNT: 3,900. TOTAL TO FORM 990-EZ, LINE 16: 55,828.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 31,101. END OF YEAR AMOUNT: 23,910.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EUI LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07635597091
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA TKD ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0300376051
ReturnHeader/Filer/PhoneNum07635597091
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.204.56.242
ReturnHeader/FilingSecurityInformation/IPDt02019-08-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm021:45:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411399624
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLINGSON & ELLINGSON LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05101 VERNON AVE S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055436
ReturnHeader/PreparerPersonGrp/PhoneNum09529290315
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANE E EHRESMANN
ReturnHeader/ReturnTs02019-09-13T09:47:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.33$0.35$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.40$0.34$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.23$0.27$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.11$0.21$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.02$0.29$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.81$1.12$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.60$0.67$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.92$0.70$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.86$0.95$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.02$0.87$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.92$0.81$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.82$0.64$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.30$0.76$0.64$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.56$0.72$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits