Civic Intelligence

Northspan Group Inc

990 • Fiscal year 2019 • EIN 36-3386158

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

202 W Superior StDuluth, MN 55802

(218) 481-7737

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.09x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.04x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Net Margin

51st percentile

7.1%

Higher net margin than 51% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$90,274

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$360,450

Up $39,968 (+12%) from 2018

Net Assets

Up

$326,432

Up $64,223 (+24%) from 2018

Liabilities

Down

$34,018

Down $24,255 (-42%) from 2018

Revenue

Up

$950,897

Up $246,708 (+35%) from 2018

Expenses

Up

$883,852

Up $157,293 (+22%) from 2018

Net Income

Up

$67,045

Up $89,415 (+400%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $320,482Liabilities 2018: $58,273Net Assets 2018: $262,2092018Assets 2019: $360,450Liabilities 2019: $34,018Net Assets 2019: $326,4322019Assets 2020: $450,721Liabilities 2020: $81,364Net Assets 2020: $369,3572020Assets 2021: $484,560Liabilities 2021: $108,414Net Assets 2021: $376,1462021Assets 2022: $418,334Liabilities 2022: $276,287Net Assets 2022: $142,0472022Assets 2023: $491,335Liabilities 2023: $421,876Net Assets 2023: $69,4592023Assets 2024: $382,162Liabilities 2024: $255,867Net Assets 2024: $126,2952024

Highlighted filing

2019

Assets$360,450
Liabilities$34,018
Net Assets$326,432

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2018: $704,189Expenses 2018: $726,559Net Income 2018: -$22,3702018Revenue 2019: $950,897Expenses 2019: $883,852Net Income 2019: $67,0452019Revenue 2020: $828,124Expenses 2020: $785,199Net Income 2020: $42,9252020Revenue 2021: $824,081Expenses 2021: $817,292Net Income 2021: $6,7892021Revenue 2022: $837,383Expenses 2022: $1,071,482Net Income 2022: -$234,0992022Revenue 2023: $1,384,887Expenses 2023: $1,457,475Net Income 2023: -$72,5882023Revenue 2024: $1,847,657Expenses 2024: $1,790,624Net Income 2024: $57,0332024

Highlighted filing

2019

Revenue$950,897
Expenses$883,852
Net Income$67,045
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$950,897
Mission and Program Overview

Mission

See statement on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$262,209$326,432▲ $64,223
Accounts Receivable$152,295$147,595▼ $4,700
Savings and Temporary Cash Investments$114,895$104,026▼ $10,869
Cash and Non-Interest-Bearing Accounts$49,394$98,119▲ $48,725
Land, Buildings, and Equipment, Net$3,898$3,510▼ $388
Total Assets$320,482$360,450▲ $39,968
Other Assets Total-$7,200-
Liabilities
Other Liabilities$30,337$31,950▲ $1,613
Accounts Payable and Accrued Expenses$27,936$2,068▼ $25,868
Total Liabilities$58,273$34,018▼ $24,255
Net Assets / Fund Balance
Total Net Assets Fund Balance$262,209$326,432▲ $64,223
Total Liabilities and Net Assets / Fund Balance$320,482$360,450▲ $39,968

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,510$23,974-
Other Assets Org$7,200--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elissa HansenPresident and CEOFT$90,274$90,274

Board Members and Trustees

NameTitle
Jennifer WainionpaaChair
Jeff BorlingDirector & Past Chair
Bill MakiVice Chair
Anna TanskiDirector
Arik ForsmanDirector
Jamie AdamsDirector
Kiera WilsonDirector
Mike LarsonDirector
Steve BurggraffDirector
Tony SertichDirector
Janelle GreschnerSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$947,607
Investment Income
$590
Other Revenue
$2,700
Change in Net Assets
$67,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$484,847
Salaries, Compensation, and Employee Benefits$399,005
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$184,931--$184,931
Other Salaries and Wages$182,792--$182,792
Current Officers, Directors, Trustees, and Key Employees-$131,802-$131,802
Other Expenses$65,800$1,801-$67,601
Other Employee Benefits-$59,519-$59,519
All Other Expenses$37,401$14,219-$51,620
Advertising$23,996$12,342-$36,338
Conferences and Meetings$31,976$303-$32,279
Occupancy-$28,560-$28,560
Payroll Taxes$14,052$10,840-$24,892
Travel$14,293$8,792-$23,085
Fees for Services Legal-$21,820-$21,820
Office Expenses-$13,080-$13,080
Insurance-$7,408-$7,408
Depreciation Depletion-$1,415-$1,415
Information Technology-$1,315-$1,315
Total Functional Expenses$558,934$324,918$0$883,852
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$22,713
Irea Fiscal Agency$5,926
Health Insurance$1,807
Accrued Fsa$1,177
American Express Credit Card$241
Payroll Tax Liabilities$86
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 information is reviewed by the board chair and executive committee in detail. Form 990 is available for review and subsequent discussion with all board members.

Conflict of interest policy compliance Part VI line 12C

Northspan group requires directors and key personnel to disclose any conflicts of interest to the board before any resolution is voted on by the board of directors consistent with the policy requirements.

CEO executive director top management comp Part VI line 15A

Compensation for president/ceo is determined by the committee of officers of the corporation as authorized by the board of directors

Governing documents etc available to public Part VI line 19

Northspan group makes its governing documents, conflict of interest policies and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Northspan Group Inc
EIN
36-3386158
Address
202 W SUPERIOR ST, DULUTH, MN 55802

Signing Officer

Name
Elissa Hansen
Title
President-CEO
Phone
2184817737
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elissa Hansen
Formed
1985
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
12

Preparer

Firm
Serenity Tax & Bookkeeping Svcs LLC
Address
215 N Central Ave Suite 9, DULUTH, MN 55807
Preparer
Deni Lorenzi
Phone
2184641510
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Consultants and contractualkrissy johnson $49,635fredrika r mcmanus $25,983josie a strom $8,680kayla j dietzmann $1,241stephanie skraba $42,275lasky consulting $51,129total $178,943

List of other expenses Part IX line 24E

Opportunity zone challenge winnersbrian ertel $7,500aitkin county growth inc $5,000building foundry $1,500action man ministries $1,000sophia lee llc $6,000kali partners llc $1,500significant advantage $5,000total $27,500

Part III response or note to any other line in Part III

Part iii line 1 - briefly describe the organizations mission:our vision is to engage and elevate those we serve. Our mission is to improve the economic well-being of our clients by delivering workable, creative solutions that enhance their effectiveness. Northspan is a critical resource for businesses, organizations, and communities that need solid and dependable research services, professional technical support, and financial assistance to advance their projects. Part iii line 4a - statement of program accomplishmentsnorthspan is a recognized leader in community development, and works to identify, develop, and fund projects that strengthen community tax bases, attract and retain businesses, and enhance the quality of life for those who live and work there. We build long-term relationships to provide strategic support and gap capacity for communities and regional partnerships. We work with communities to coordinate and facilitate critical conversations and use these as a foundation to devise strategies for diversification, change, and sustainable growth. Our service to communities always strives to ask the key questions that escape business-as-usual thinking and chart new paths forward. Northspan critically examines, researches, and analyzes opportunities and challenges and concludes it efforts with policy recommendations and processes to see recommended changes through to fruition. Northspan powers four programs that work to foster economic development an the growth of the human capital in their respective areas. Northspan programs are built in partnership, cultivate connections between communities and businesses, and aim toward holistic economic development strategies. The programs include northland connection, northforce, the minnesota opportunity collaborative, and the upper minnesota film office. Northland connection is a regional program providing economic development data and analysis to recruit, expand, and retain businesses across northeast minnesota and northwest wisconsin. This work is done in collaboration with our private and public funding partners, commercial real estate, education, government, and regional and statewide economic development organizations.northforce is a regional program providing community-based talent retainment and attraction by connecting career-minded individuals with professional advancement opportunities and supporting our regional employers current and future workforce in northeast minnesota and northwest wisconsin. The minnesota opportunity collaborative is a statewide partnership that seeks to inspire investment in designated opportunity zones. It brings together developers, investors, and community development entities to host a statewide project and zite directory, hold educational events, and share best practices on a regular basis.umfo promotes northeast minnesota as a location for contract filming of movies, documentaries, commercials, and related video media productions. It is the single point of contact for coordinated professional responses to prospect needs and expectations.

General explanation attachment

Part i line i - briefly describe the organizationss mission or most significant activities:northspan specializes in creative thinking, enterprising strategies, and systematic approaches to help businesses, communities, regions, and organizations prosper in a global economy. Our professional staff work cooperatively with economic development and community development partners throughout the region to leverage resources for measurable, sustainable results. As a private, nonprofit consulting firm, we work quietly and confidentially to move projects forward on time and on budget by providing critical gap capacity support that exceeds client expectations.

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IRS990/ProgSrvcAccomActy2Grp/Desc0ORGANIZATIONAL - NAICS CODE 541610NORTHSPAN IMPROVES THE HEALTH AND VITALITY OF BOARDS, COUNCILS, COMMITTEES, GROUPS, AND COLLABORATIONS THROUGH ORGANIZATIONAL DEVELOPMENT AND BUILDS CAPACITY, IMPROVES DECISION-MAKING, AND ENHANCES EFFECTIVENESS. WE COORDINATE AND FACILTATE STRATEGIC PLANNING PROCESSES AND PROVIDE TECHNICAL ASSISTANCE FOR CHANGE, GROWTH MANAGEMENT, AND DEVELOPMENT. THESE SERVICES CAN RANGE FROM GENERAL MEETING MANAGEMENT AND PLANNING SERVICES TO THE FACILITATION OF MULTI-YEAR ECONOMIC ADJUSTMENT, CRISIS RESPONSE, AND READINESS PLANNING INITIATIVES. WE ALSO CONDUCT PROJECT-SPECIFIC FESIBILITY STUDIES AND ECONOMIC IMPACT ANALYSES THAT HELP ORGANIZATIONS PLAN FOR GROWTH AND CHANGE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0BUSINESS - NAICS CODE 523930NORTHSPANS BUSINESS DEVELOPMENT SERVICES NEST WITHIN A NETWORK OF PUBLIC AND PRIVATE PARTNERS TO PROVIDE CRITICAL GAP SERVICES, AND WE WORK WITH COMPANIES OF ALL SIZES TO GROW THE ECONOMY IN THE COMMUNITIES WE SERVE. WE STRUCTURE AND FACILITATE FINANCING FOR PROJECTS AND PROVIDE EXPERTISE IN PACKAGING LOAN AND GRANT APPLICATIONS. WE PARTNER WITH COMMUNITIES AND FINANCIAL INSTITUTIONS TO PROVIDE LOAN PROGRAM SUPPORT SERVICES, AND WE ALSO PARTNER WITH COMMUNITY BANKS TO PROVIDE SMALL BUSINESS ADMINISTRATION (SBA)7A LOAN GUARANTY PROGRAM SERVICES. NORTHSPAN ALSO PROVIDES ACCREDITED BUSINESS VALUATION AND SUCCESSION PLANNING SERVICE TO ASSIST BUSINESSES THROUGH ALL STAGES TO GROWTH AND TRANSITION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 INFORMATION IS REVIEWED BY THE BOARD CHAIR AND EXECUTIVE COMMITTEE IN DETAIL. FORM 990 IS AVAILABLE FOR REVIEW AND SUBSEQUENT DISCUSSION WITH ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NORTHSPAN GROUP REQUIRES DIRECTORS AND KEY PERSONNEL TO DISCLOSE ANY CONFLICTS OF INTEREST TO THE BOARD BEFORE ANY RESOLUTION IS VOTED ON BY THE BOARD OF DIRECTORS CONSISTENT WITH THE POLICY REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR PRESIDENT/CEO IS DETERMINED BY THE COMMITTEE OF OFFICERS OF THE CORPORATION AS AUTHORIZED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NORTHSPAN GROUP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTANTS AND CONTRACTUALKRISSY JOHNSON $49,635FREDRIKA R MCMANUS $25,983JOSIE A STROM $8,680KAYLA J DIETZMANN $1,241STEPHANIE SKRABA $42,275LASKY CONSULTING $51,129TOTAL $178,943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPPORTUNITY ZONE CHALLENGE WINNERSBRIAN ERTEL $7,500AITKIN COUNTY GROWTH INC $5,000BUILDING FOUNDRY $1,500ACTION MAN MINISTRIES $1,000SOPHIA LEE LLC $6,000KALI PARTNERS LLC $1,500SIGNIFICANT ADVANTAGE $5,000TOTAL $27,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PART III LINE 1 - BRIEFLY DESCRIBE THE ORGANIZATIONS MISSION:OUR VISION IS TO ENGAGE AND ELEVATE THOSE WE SERVE. OUR MISSION IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR CLIENTS BY DELIVERING WORKABLE, CREATIVE SOLUTIONS THAT ENHANCE THEIR EFFECTIVENESS. NORTHSPAN IS A CRITICAL RESOURCE FOR BUSINESSES, ORGANIZATIONS, AND COMMUNITIES THAT NEED SOLID AND DEPENDABLE RESEARCH SERVICES, PROFESSIONAL TECHNICAL SUPPORT, AND FINANCIAL ASSISTANCE TO ADVANCE THEIR PROJECTS. PART III LINE 4A - STATEMENT OF PROGRAM ACCOMPLISHMENTSNORTHSPAN IS A RECOGNIZED LEADER IN COMMUNITY DEVELOPMENT, AND WORKS TO IDENTIFY, DEVELOP, AND FUND PROJECTS THAT STRENGTHEN COMMUNITY TAX BASES, ATTRACT AND RETAIN BUSINESSES, AND ENHANCE THE QUALITY OF LIFE FOR THOSE WHO LIVE AND WORK THERE. WE BUILD LONG-TERM RELATIONSHIPS TO PROVIDE STRATEGIC SUPPORT AND GAP CAPACITY FOR COMMUNITIES AND REGIONAL PARTNERSHIPS. WE WORK WITH COMMUNITIES TO COORDINATE AND FACILITATE CRITICAL CONVERSATIONS AND USE THESE AS A FOUNDATION TO DEVISE STRATEGIES FOR DIVERSIFICATION, CHANGE, AND SUSTAINABLE GROWTH. OUR SERVICE TO COMMUNITIES ALWAYS STRIVES TO ASK THE KEY QUESTIONS THAT ESCAPE BUSINESS-AS-USUAL THINKING AND CHART NEW PATHS FORWARD. NORTHSPAN CRITICALLY EXAMINES, RESEARCHES, AND ANALYZES OPPORTUNITIES AND CHALLENGES AND CONCLUDES IT EFFORTS WITH POLICY RECOMMENDATIONS AND PROCESSES TO SEE RECOMMENDED CHANGES THROUGH TO FRUITION. NORTHSPAN POWERS FOUR PROGRAMS THAT WORK TO FOSTER ECONOMIC DEVELOPMENT AN THE GROWTH OF THE HUMAN CAPITAL IN THEIR RESPECTIVE AREAS. NORTHSPAN PROGRAMS ARE BUILT IN PARTNERSHIP, CULTIVATE CONNECTIONS BETWEEN COMMUNITIES AND BUSINESSES, AND AIM TOWARD HOLISTIC ECONOMIC DEVELOPMENT STRATEGIES. THE PROGRAMS INCLUDE NORTHLAND CONNECTION, NORTHFORCE, THE MINNESOTA OPPORTUNITY COLLABORATIVE, AND THE UPPER MINNESOTA FILM OFFICE. NORTHLAND CONNECTION IS A REGIONAL PROGRAM PROVIDING ECONOMIC DEVELOPMENT DATA AND ANALYSIS TO RECRUIT, EXPAND, AND RETAIN BUSINESSES ACROSS NORTHEAST MINNESOTA AND NORTHWEST WISCONSIN. THIS WORK IS DONE IN COLLABORATION WITH OUR PRIVATE AND PUBLIC FUNDING PARTNERS, COMMERCIAL REAL ESTATE, EDUCATION, GOVERNMENT, AND REGIONAL AND STATEWIDE ECONOMIC DEVELOPMENT ORGANIZATIONS.NORTHFORCE IS A REGIONAL PROGRAM PROVIDING COMMUNITY-BASED TALENT RETAINMENT AND ATTRACTION BY CONNECTING CAREER-MINDED INDIVIDUALS WITH PROFESSIONAL ADVANCEMENT OPPORTUNITIES AND SUPPORTING OUR REGIONAL EMPLOYERS CURRENT AND FUTURE WORKFORCE IN NORTHEAST MINNESOTA AND NORTHWEST WISCONSIN. THE MINNESOTA OPPORTUNITY COLLABORATIVE IS A STATEWIDE PARTNERSHIP THAT SEEKS TO INSPIRE INVESTMENT IN DESIGNATED OPPORTUNITY ZONES. IT BRINGS TOGETHER DEVELOPERS, INVESTORS, AND COMMUNITY DEVELOPMENT ENTITIES TO HOST A STATEWIDE PROJECT AND ZITE DIRECTORY, HOLD EDUCATIONAL EVENTS, AND SHARE BEST PRACTICES ON A REGULAR BASIS.UMFO PROMOTES NORTHEAST MINNESOTA AS A LOCATION FOR CONTRACT FILMING OF MOVIES, DOCUMENTARIES, COMMERCIALS, AND RELATED VIDEO MEDIA PRODUCTIONS. IT IS THE SINGLE POINT OF CONTACT FOR COORDINATED PROFESSIONAL RESPONSES TO PROSPECT NEEDS AND EXPECTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PART I LINE I - BRIEFLY DESCRIBE THE ORGANIZATIONSS MISSION OR MOST SIGNIFICANT ACTIVITIES:NORTHSPAN SPECIALIZES IN CREATIVE THINKING, ENTERPRISING STRATEGIES, AND SYSTEMATIC APPROACHES TO HELP BUSINESSES, COMMUNITIES, REGIONS, AND ORGANIZATIONS PROSPER IN A GLOBAL ECONOMY. OUR PROFESSIONAL STAFF WORK COOPERATIVELY WITH ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT PARTNERS THROUGHOUT THE REGION TO LEVERAGE RESOURCES FOR MEASURABLE, SUSTAINABLE RESULTS. AS A PRIVATE, NONPROFIT CONSULTING FIRM, WE WORK QUIETLY AND CONFIDENTIALLY TO MOVE PROJECTS FORWARD ON TIME AND ON BUDGET BY PROVIDING CRITICAL GAP CAPACITY SUPPORT THAT EXCEEDS CLIENT EXPECTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
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