Civic Intelligence

Northern Technology Initiative

990EZ • Fiscal year 2020 • EIN 31-1709954

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 19, 2021

315 Main Street SPine City, MN 55063

(320) 322-4040

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

28%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

170%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,796

Up $2,834 (+28%) from 2019

Net Assets

Up

$12,796

Up $5,934 (+86%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$30,750

Up $19,350 (+170%) from 2019

Expenses

Down

$24,816

Down $10,077 (-29%) from 2019

Net Income

Up

$5,934

Up $29,427 (+125%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2011: $1,412Net Assets 2011: $1,4122011Assets 2014: $28,499Net Assets 2014: $28,4992014Assets 2015: $8,007Liabilities 2015: $0Net Assets 2015: $8,0072015Assets 2016: $13,447Liabilities 2016: $0Net Assets 2016: $13,4472016Assets 2018: $30,355Liabilities 2018: $0Net Assets 2018: $30,3552018Assets 2019: $9,962Liabilities 2019: $3,100Net Assets 2019: $6,8622019Assets 2020: $12,796Net Assets 2020: $12,7962020Assets 2024: $13,293Net Assets 2024: $13,2932024

Highlighted filing

2020

Assets$12,796
Liabilities-
Net Assets$12,796

Operations Trend

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $18,091Expenses 2011: $40,737Net Income 2011: -$22,6462011Revenue 2014: $32,785Expenses 2014: $32,125Net Income 2014: $6602014Revenue 2015: $7,269Expenses 2015: $27,761Net Income 2015: -$20,4922015Revenue 2016: $33,635Expenses 2016: $28,195Net Income 2016: $5,4402016Revenue 2018: $48,200Expenses 2018: $36,181Net Income 2018: $12,0192018Revenue 2019: $11,400Expenses 2019: $34,893Net Income 2019: -$23,4932019Revenue 2020: $30,750Expenses 2020: $24,816Net Income 2020: $5,9342020Revenue 2024: $35,741Expenses 2024: $31,876Net Income 2024: $3,8652024

Highlighted filing

2020

Revenue$30,750
Expenses$24,816
Net Income$5,934
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 19, 2021
Return Version
2020v4.0
Gross Receipts
$30,750
Mission and Program Overview

Mission

To capitalize on the strengths that come from being a regional economic development alliance; acting as a conduit for members to access resources, prospective businesses and educational opportunnities that would otherwise not be available to them; and to provide a regional approach to workforce development and business retention.

BUSINESS DEVELOPMENT

Program Services

DescriptionGrantsExpenses
TO CAPITALIZE ON THE STRENGTHS THAT COME FROM BEING A REGIONAL ECONOMIC DEVELOPMENT ALLICANCE ACTING AS A CONDUIT FOR MEMBERS TO ACCESS RESOURCES, PROSPECTVIE BUSINESSES AND EDUCATIONAL OPPORTUNITIES THAT WOULD OTHERWISE NOT BE AVAILABLE TO THEM; AND TO PROVIDE A REGIONAL APPROACH TO WORKFORCE DEVELOPMENT AND BUSINES RETENTION.-$23,573
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDY VOIGTPresidentPT$0--
BETH THORPVice PresidePT$0--
KATHY GEORGEPast-Preside-$0--
LEZLIE SAUTERTreasurer-$0--
STEPHANIE HILLSHEIMSecretary-$0--
REBECCA PERROTTIDirector-$0--
NANCY HOFFMANDirector-$0--
HEIDI STEINMETZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Northern Technology Initiative
EIN
31-1709954
Phone
3203224040
Address
315 MAIN STREET S, PINE CITY, MN 55063

Signing Officer

Name
Sandy Voigt
Title
President
Phone
3203224040
Signed
2021-10-19

Preparer

Firm
Currie Pangerl & Associates Ltd
Address
1015 HILLSIDE AVE SW STE 2, PINE CITY, MN 55063
Preparer
Krista Currie CPA Ea
Phone
3206292090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 2,859 insurance 828 memberships 6,200 miscellaneous 64 total 9,951

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 3,100 0

Form 990-ez, Part III, Line 28

To capitalize on the strengths that come from being a regional economic development allicance acting as a conduit for members to access resources, prospectvie businesses and educational opportunities that would otherwise not be available to them; and to provide a regional approach to workforce development and busines retention.

Raw XML Appendix154 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3LEZLIE SAUTER
CompensationExplanation/CompensationExplanationGrp/PersonNm4STEPHANIE HILLSHEIM
CompensationExplanation/CompensationExplanationGrp/PersonNm5REBECCA PERROTTI
CompensationExplanation/CompensationExplanationGrp/PersonNm6NANCY HOFFMAN
CompensationExplanation/CompensationExplanationGrp/PersonNm7HEIDI STEINMETZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OtherExpensesTotalAmt09951
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048200
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 2,859 INSURANCE 828 MEMBERSHIPS 6,200 MISCELLANEOUS 64 TOTAL 9,951
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEFERRED REVENUE 3,100 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO CAPITALIZE ON THE STRENGTHS THAT COME FROM BEING A REGIONAL ECONOMIC DEVELOPMENT ALLICANCE ACTING AS A CONDUIT FOR MEMBERS TO ACCESS RESOURCES, PROSPECTVIE BUSINESSES AND EDUCATIONAL OPPORTUNITIES THAT WOULD OTHERWISE NOT BE AVAILABLE TO THEM; AND TO PROVIDE A REGIONAL APPROACH TO WORKFORCE DEVELOPMENT AND BUSINES RETENTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDY VOIGT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03203224040
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHERN TECHNOLOGY INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0311709954
ReturnHeader/Filer/PhoneNum03203224040
ReturnHeader/Filer/USAddress/AddressLine1Txt0315 MAIN STREET S
ReturnHeader/Filer/USAddress/CityNm0PINE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055063
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411926228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CURRIE PANGERL & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01015 HILLSIDE AVE SW STE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PINE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055063
ReturnHeader/PreparerPersonGrp/PhoneNum03206292090
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTA CURRIE CPA EA
ReturnHeader/ReturnTs02021-10-26T09:35:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SANDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VOIGT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits