Civic Intelligence

Northspan Group Inc

990 • Fiscal year 2022 • EIN 36-3386158

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 09, 2023

202 W Superior St Ste 700Duluth, MN 55802

(218) 481-7737

Siviq Scores

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

Liabilities / Assets

91st percentile

0.66x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.33x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

12th percentile

-28%

Higher net margin than 12% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

91st percentile

$108,802

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

15th percentile

-14%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$418,334

Down $66,226 (-14%) from 2021

Net Assets

Down

$142,047

Down $234,099 (-62%) from 2021

Liabilities

Up

$276,287

Up $167,873 (+155%) from 2021

Revenue

Up

$837,383

Up $13,302 (+1.6%) from 2021

Expenses

Up

$1,071,482

Up $254,190 (+31%) from 2021

Net Income

Down

-$234,099

Down $240,888 (-3548%) from 2021

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

2022

Assets$418,334
Liabilities$276,287
Net Assets$142,047

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

2022

Revenue$837,383
Expenses$1,071,482
Net Income-$234,099
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 9, 2023
Return Version
2022v5.0
Gross Receipts
$837,383
Mission and Program Overview

Mission

See statement on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$136,633$158,698▲ $22,065
Rtn Earn Endowment Incm Other Fnds$376,146$142,047▼ $234,099
Savings and Temporary Cash Investments$106,235$106,714▲ $479
Cash and Non-Interest-Bearing Accounts$240,100$103,266▼ $136,834
Prepaid Expenses and Deferred Charges-$46,489-
Land, Buildings, and Equipment, Net$1,592$3,167▲ $1,575
Total Assets$484,560$418,334▼ $66,226
Liabilities
Other Liabilities$73,525$230,450▲ $156,925
Unsecured Notes Loans Payable$25,000$24,955▼ $45
Accounts Payable and Accrued Expenses$9,889$20,882▲ $10,993
Total Liabilities$108,414$276,287▲ $167,873
Net Assets / Fund Balance
Total Net Assets Fund Balance$376,146$142,047▼ $234,099
Total Liabilities and Net Assets / Fund Balance$484,560$418,334▼ $66,226

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,167$4,720-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elissa HansenPresident and CEOFT$108,802$108,802

Board Members and Trustees

NameTitle
Janelle GreschnerChair
Arik ForsmanPast Chair
Kiera WilsonVice Chair
Chris LafleurDirector
David CoppDirector
Katterine PayerDirector
Mark JeffersDirector
Meg ThoresonDirector
Rebekkah AndersonDirector
Tamara LowneyDirector
Tom WernerDirector
Anna TanskiSecretary
Jamie AdamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$835,592
Investment Income
$576
Other Revenue
$1,215
Change in Net Assets
$-234,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$641,970
Other Expenses$429,512
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$268,848--$268,848
Current Officers, Directors, Trustees, and Key Employees-$246,388-$246,388
Fees for Services Other$80,238$7,458-$87,696
Other Employee Benefits-$86,489-$86,489
Other Expenses$55,858$14,041-$69,899
All Other Expenses$21,321$38,232-$59,553
Advertising$36,862$16,008-$52,870
Conferences and Meetings$42,344$8,661-$51,005
Occupancy-$46,319-$46,319
Payroll Taxes$21,104$19,141-$40,245
Travel$19,026$8,502-$27,528
Office Expenses-$7,741-$7,741
Insurance-$3,364-$3,364
Fees for Services Legal-$2,325-$2,325
Depreciation Depletion-$669-$669
Interest-$573-$573
Total Functional Expenses$547,915$523,567$0$1,071,482
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
Deferred Revenue$150,004
Accrued Vacation$40,959
American Express Credit Card$24,740
Irea Fiscal Agency$8,738
Mineland Vision Partnership$4,521
Accrued Interest - Eidl Loan$1,486
Rounding$2
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 STE 700, DULUTH, MN 55802

Signing Officer

Name
Elissa Hansen
Title
President-CEO
Phone
2184817737
Signed
2023-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elissa Hansen
Formed
1985
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
8

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 contractualali bilden camps - $14,783charles smith - $1,800cultural fluency associates llp - $15,498desiree yourczek - $2,675hothouse desin & post - $992jebeh cltural consulting - $2,940ogimaawiwin consulting - $1,800outsource training providers - $8,168rita karppinen - $1,800secretariat communications - $28,361university of mn - $5,250william howes iii - $1,8009 vendors under $600 - $1,829total $87,696

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 be expert navigators, transforming ideas into accomplishments. 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 three programs that work to foster economic development and 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, and welcoming community. 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. Welcoming community programming goal is to determine how we position northeast minnesota for success by providing programming/resources to elevate digital access, equity and inclusion, create welcoming communities, increase cultural fluency, and retain and attract talent. We believe this takes generosity, inclusiveness, engagement, and opportunity. Specific goals that emerge from conversations with underrepresented groups, surveys, input from the wc ac are to: 1) build community leadership capacity, 2) create partnerships to broaden community participation, 3) connect people and resources and 4) identify gaps to increase broadband access.

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/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 SERVICES TO ASSIST BUSINESSES THROUGH ALL STAGES OF GROWTH AND TRANSITION.
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IRS990/ProgSrvcAccomActy3Grp/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 FEASIBILITY STUDIES AND ECONOMIC IMPACT ANALYSES THAT HELP ORGANIZATIONS PLAN FOR GROWTH AND CHANGE.
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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 CONTRACTUALALI BILDEN CAMPS - $14,783CHARLES SMITH - $1,800CULTURAL FLUENCY ASSOCIATES LLP - $15,498DESIREE YOURCZEK - $2,675HOTHOUSE DESIN & POST - $992JEBEH CLTURAL CONSULTING - $2,940OGIMAAWIWIN CONSULTING - $1,800OUTSOURCE TRAINING PROVIDERS - $8,168RITA KARPPINEN - $1,800SECRETARIAT COMMUNICATIONS - $28,361UNIVERSITY OF MN - $5,250WILLIAM HOWES III - $1,8009 VENDORS UNDER $600 - $1,829TOTAL $87,696
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PART III LINE 1 - BRIEFLY DESCRIBE THE ORGANIZATIONS MISSION:OUR VISION IS TO ENGAGE AND ELEVATE THOSE WE SERVE. OUR MISSION IS TO BE EXPERT NAVIGATORS, TRANSFORMING IDEAS INTO ACCOMPLISHMENTS. 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 THREE PROGRAMS THAT WORK TO FOSTER ECONOMIC DEVELOPMENT AND 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, AND WELCOMING COMMUNITY. 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. WELCOMING COMMUNITY PROGRAMMING GOAL IS TO DETERMINE HOW WE POSITION NORTHEAST MINNESOTA FOR SUCCESS BY PROVIDING PROGRAMMING/RESOURCES TO ELEVATE DIGITAL ACCESS, EQUITY AND INCLUSION, CREATE WELCOMING COMMUNITIES, INCREASE CULTURAL FLUENCY, AND RETAIN AND ATTRACT TALENT. WE BELIEVE THIS TAKES GENEROSITY, INCLUSIVENESS, ENGAGEMENT, AND OPPORTUNITY. SPECIFIC GOALS THAT EMERGE FROM CONVERSATIONS WITH UNDERREPRESENTED GROUPS, SURVEYS, INPUT FROM THE WC AC ARE TO: 1) BUILD COMMUNITY LEADERSHIP CAPACITY, 2) CREATE PARTNERSHIPS TO BROADEN COMMUNITY PARTICIPATION, 3) CONNECT PEOPLE AND RESOURCES AND 4) IDENTIFY GAPS TO INCREASE BROADBAND ACCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PART 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/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
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