Civic Intelligence

East Phillips Improvement Coalition Inc.

990 • Fiscal year 2023 • EIN 32-0036350

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 15, 2024

2433 Bloomington AvenueMinneapolis, MN 55404

(612) 354-6802

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-138%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

6th percentile

-70%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-80%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$43,541

Down $102,949 (-70%) from 2022

Net Assets

Down

$43,541

Down $102,949 (-70%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$75,709

Down $300,318 (-80%) from 2022

Expenses

Down

$180,256

Down $81,496 (-31%) from 2022

Net Income

Down

-$104,547

Down $218,822 (-191%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $39,505Net Assets 2015: $39,5052015Assets 2016: $30,020Net Assets 2016: $30,0202016Assets 2018: $47,366Net Assets 2018: $47,3662018Assets 2019: $30,482Net Assets 2019: $30,4822019Assets 2020: $34,876Net Assets 2020: $34,8762020Assets 2021: $31,435Net Assets 2021: $31,4352021Assets 2022: $146,490Liabilities 2022: $0Net Assets 2022: $146,4902022Assets 2023: $43,541Liabilities 2023: $0Net Assets 2023: $43,5412023Assets 2024: $36,750Liabilities 2024: $126Net Assets 2024: $36,6242024

Highlighted filing

2023

Assets$43,541
Liabilities$0
Net Assets$43,541

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $31,378Expenses 2015: $15,497Net Income 2015: $15,8812015Revenue 2016: $32,532Expenses 2016: $41,094Net Income 2016: -$8,5622016Revenue 2018: $182,480Expenses 2018: $152,539Net Income 2018: $29,9412018Revenue 2019: $45,302Expenses 2019: $62,186Net Income 2019: -$16,8842019Revenue 2020: $101,806Expenses 2020: $97,412Net Income 2020: $4,3942020Revenue 2021: $133,794Expenses 2021: $150,688Net Income 2021: -$16,8942021Revenue 2022: $376,027Expenses 2022: $261,752Net Income 2022: $114,2752022Revenue 2023: $75,709Expenses 2023: $180,256Net Income 2023: -$104,5472023Revenue 2024: $148,222Expenses 2024: $154,702Net Income 2024: -$6,4802024

Highlighted filing

2023

Revenue$75,709
Expenses$180,256
Net Income-$104,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 15, 2024
Return Version
2023v5.1
Gross Receipts
$75,709
Mission and Program Overview

Mission

Epic shall promote the social health of the community by involving citizens in its activities and shall reach out to all segments of the community including in its activities and shall reach out to all segments of the community including traditionally under-represented groups. Epic will promote the economic health of traditionally under-represented groups. Epic will engage governmental bodies

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$139,490$36,541▼ $102,949
Land, Buildings, and Equipment, Net$7,000$7,000→ $0
Total Assets$146,490$43,541▼ $102,949
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,490$43,541▼ $102,949
Total Net Assets Fund Balance$146,490$43,541▼ $102,949
Total Liabilities and Net Assets / Fund Balance$146,490$43,541▼ $102,949

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nikolas Winter-SimatBoard President
Schuyler SellarsVice President
Virginia SanchezVice President
Cassndra HolmesBoard member
LR YoungBoard member
Mary GonsiorBoard member
Nataly SanchezBoard member
Shontal LejeunesseBoard member
Spencer PolkBoard member
Steve SandbergBoard member
Karen TownswendSecretary
David IngoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,149
Program Service Revenue
$2,475
Investment Income
$85
Other Revenue
$0
All Other Contributions
$27,158
Change in Net Assets
$-104,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,895
Salaries, Compensation, and Employee Benefits$21,361
Total Fundraising Expense$1,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$0$71,647$0$71,647
Fees for Services Management$40,433$20,819$0$61,252
Other Salaries and Wages$10,910$3,897$779$15,586
Payroll Taxes$3,073$1,098$219$4,390
Other Expenses$0$2,481$0$2,481
Insurance$0$1,706$0$1,706
Information Technology$1,398$0$0$1,398
Other Employee Benefits$970$346$69$1,385
Occupancy$884$316$63$1,263
Office Expenses$0$775$0$775
Total Functional Expenses$76,041$103,085$1,130$180,256
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
East Phillips Improvement Coalition
EIN
32-0036350
Phone
6123546802
Address
2433 Bloomington Avenue, Minneapolis, MN 55404

Signing Officer

Name
Kelly Morgan
Title
Treasurer
Phone
6123546802
Signed
2024-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Morgan
Formed
2007
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
50

Preparer

Firm
Michael S Wilson
Address
4932 stevens ave, minneapolis, MN 55419
Preparer
Michael Wilson
Phone
6125581692
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is sent to the board of directors for review. The final document is approved at a board meeting

Pt VI, Line 15B

The board of directors has an informal process to benchmark salaries to other local non-profit.

Pt VI, Line 12C

The board is asked to sign a conflict of interest statement on the first board meeting of the fiscal year.

Pt VI, Line 7A

The organization is comprised of members that represent stakeholders in geographically defined neighborhood.

Pt VI, Line 7B

Members elect the board of directors that are responsible for oversight of the organization

Pt VI, Line 8B

Monthly board meetings include taking board minutes that are approved at the following board meetings. However, not all committees maintain minutes, but all decisions are made by the full board of directors

Pt VI, Line 15A

he board of directors has an informal process to benchmark salaries to other local non-profit.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0730003
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/PublicSupportTotal509Amt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0375984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0133762
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0101806
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt045302
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0730003
IRS990ScheduleA/TotalSupportAmt0730003
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/LandGrp/BookValueAmt07000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt07000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is sent to the board of directors for review. The final document is approved at a board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors has an informal process to benchmark salaries to other local non-profit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board is asked to sign a conflict of interest statement on the first board meeting of the fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization is comprised of members that represent stakeholders in geographically defined neighborhood.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Members elect the board of directors that are responsible for oversight of the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Monthly board meetings include taking board minutes that are approved at the following board meetings. However, not all committees maintain minutes, but all decisions are made by the full board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6he board of directors has an informal process to benchmark salaries to other local non-profit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt043541
IRS990/TotalAssetsGrp/BOYAmt0146490
IRS990/TotalAssetsGrp/EOYAmt043541
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt073149
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01130
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103085
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076041
IRS990/TotalFunctionalExpensesGrp/TotalAmt0180256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0146490
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043541
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt076041
IRS990/TotalProgramServiceRevenueAmt02475
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02475
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075709
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0146490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt043541
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02433 Bloomington Ave
IRS990/USAddress/CityNm0Minneapolis
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055404
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0eastphillips.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kelly Morgan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06123546802
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0East Phillips Improvement Coalition
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0320036350
ReturnHeader/Filer/PhoneNum06123546802
ReturnHeader/Filer/USAddress/AddressLine1Txt02433 Bloomington Avenue
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055404

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