Civic Intelligence

Initiative Foundation

990T • Fiscal year 2020 • EIN 36-3451562

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

Organization ProfileWWW.IFOUND.ORG

View Organization Page

405 First Street SELittle Falls, MN 56345

(320) 632-9255

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $48,644,771Liabilities 2010: $6,111,820Net Assets 2010: $42,532,9512010Assets 2011: $47,762,113Liabilities 2011: $4,614,955Net Assets 2011: $43,147,1582011Assets 2012: $54,942,906Liabilities 2012: $4,631,761Net Assets 2012: $50,311,1452012Assets 2013: $60,796,062Liabilities 2013: $4,307,716Net Assets 2013: $56,488,3462013Assets 2014: $62,919,314Liabilities 2014: $5,011,853Net Assets 2014: $57,907,4612014Assets 2015: $61,032,929Liabilities 2015: $4,815,425Net Assets 2015: $56,217,5042015Assets 2016: $63,067,239Liabilities 2016: $3,987,907Net Assets 2016: $59,079,3322016Assets 2017: $74,000,813Liabilities 2017: $7,440,445Net Assets 2017: $66,560,3682017Assets 2018: $71,595,102Liabilities 2018: $7,361,900Net Assets 2018: $64,233,2022018Assets 2019: $81,789,533Liabilities 2019: $5,480,099Net Assets 2019: $76,309,4342019Assets 2020: $95,633,483Liabilities 2020: $7,348,544Net Assets 2020: $88,284,9392020Assets 2021: $108,344,856Liabilities 2021: $8,260,209Net Assets 2021: $100,084,6472021Assets 2022: $98,819,361Liabilities 2022: $7,408,270Net Assets 2022: $91,411,0912022Assets 2023: $109,008,159Liabilities 2023: $8,449,199Net Assets 2023: $100,558,9602023Assets 2024: $114,684,187Liabilities 2024: $8,768,053Net Assets 2024: $105,916,1342024

Latest loaded filing

2024

Assets$114,684,187
Liabilities$8,768,053
Net Assets$105,916,134
Open 2024 Filing

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $4,919,6022010Expenses 2011: $4,444,2042011Expenses 2012: $4,010,1002012Revenue 2013: $6,989,789Expenses 2013: $5,743,004Net Income 2013: $1,246,7852013Revenue 2014: $7,957,974Expenses 2014: $5,001,709Net Income 2014: $2,956,2652014Revenue 2015: $7,886,304Expenses 2015: $5,862,607Net Income 2015: $2,023,6972015Revenue 2016: $6,922,150Expenses 2016: $5,948,697Net Income 2016: $973,4532016Revenue 2017: $8,640,352Expenses 2017: $7,323,711Net Income 2017: $1,316,6412017Revenue 2018: $9,272,619Expenses 2018: $5,924,226Net Income 2018: $3,348,3932018Revenue 2019: $10,291,225Expenses 2019: $5,230,555Net Income 2019: $5,060,6702019Revenue 2020: $21,753,358Expenses 2020: $15,318,248Net Income 2020: $6,435,1102020Revenue 2021: $30,841,983Expenses 2021: $9,396,701Net Income 2021: $21,445,2822021Revenue 2022: $18,836,412Expenses 2022: $16,266,746Net Income 2022: $2,569,6662022Revenue 2023: $10,031,903Expenses 2023: $9,362,176Net Income 2023: $669,7272023Revenue 2024: $15,215,240Expenses 2024: $15,713,243Net Income 2024: -$498,0032024

Latest loaded filing

2024

Revenue$15,215,240
Expenses$15,713,243
Net Income-$498,003
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v1.1
Mission and Program Overview

Mission

To empower people to build thriving communities and a vibrant region across central minnesota.

Filing and Contact Details

Filer

Filer Name
Initiative Foundation
EIN
36-3451562
Phone
3206329255
Address
405 FIRST STREET SE, LITTLE FALLS, MN 56345

Signing Officer

Name
Matt Varilek
Title
President
Phone
3206329255
Signed
2021-05-14
Discuss with paid preparer
Yes

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
630 ROOSEVELT RD STE 201, ST CLOUD, MN 56301
Preparer
Shelley M Gaetz
Phone
3202510286
Raw XML Appendix89 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
IRS990T/BooksInCareOfDetail/PersonNm0LYNN BUSHINGER
IRS990T/BooksInCareOfDetail/PhoneNum03206329255
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0405 FIRST STREET SE
IRS990T/BooksInCareOfDetail/USAddress/CityNm0LITTLE FALLS
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd056345
IRS990T/BookValueAssetsEOYAmt095633483
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/AdvertisedPeriodicalNameTxt0IQ MAGAZINE
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/AdvertisingGainLossAmt032676
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/DirectAdvertisingCostAmt014378
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/ExcessReadershipCostsAmt032676
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/ExcessReadershipCostsDedAmt032676
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/GrossAdvertisingIncomeAmt047054
IRS990TScheduleA/AdvertisingIncmPeriodicalGrp/ReadershipCostsAmt0167151
IRS990TScheduleA/NetAdvertisingIncomeAmt032676
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/PrincipalBusinessActivityCd0541860
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt032676
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt014378
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt047054
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt032676
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt032676
IRS990TScheduleA/TotUnrltTrdBusIncmAmt047054
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt014378
IRS990TScheduleA/TradeOrBusinessDesc0ADVERTISEMENT REVENUE FROM QUARTERLY MAGAZINE
IRS990TScheduleA/UBIBeforeNOLDedAmt00
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIComputedAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT VARILEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03206329255
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INITIATIVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0INIT
ReturnHeader/Filer/EIN0363451562
ReturnHeader/Filer/PhoneNum03206329255
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 FIRST STREET SE
ReturnHeader/Filer/USAddress/CityNm0LITTLE FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056345
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411656121
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHLENNER WENNER & CO CPA'S PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0630 ROOSEVELT RD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST CLOUD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056301
ReturnHeader/PreparerPersonGrp/PhoneNum03202510286
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLEY M GAETZ
ReturnHeader/ReturnTs02021-05-17T11:02:05-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VARILEK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$8.77$106$15.2$15.7$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$109$8.45$101$10.0$9.36$0.67
2022Detailed filing. Detailed filing data is available for this year.$98.8$7.41$91.4$18.8$16.3$2.57
2021Detailed filing. Detailed filing data is available for this year.$108$8.26$100$30.8$9.40$21.4
2020Detailed filing. Detailed filing data is available for this year.$95.6$7.35$88.3$21.8$15.3$6.44
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Detailed filing. Detailed filing data is available for this year.$81.8$5.48$76.3$10.3$5.23$5.06
2018Detailed filing. Detailed filing data is available for this year.$71.6$7.36$64.2$9.27$5.92$3.35
2017Detailed filing. Detailed filing data is available for this year.$74.0$7.44$66.6$8.64$7.32$1.32
2016Detailed filing. Detailed filing data is available for this year.$63.1$3.99$59.1$6.92$5.95$0.97
2015Detailed filing. Detailed filing data is available for this year.$61.0$4.82$56.2$7.89$5.86$2.02
2014Detailed filing. Detailed filing data is available for this year.$62.9$5.01$57.9$7.96$5.00$2.96
2013Detailed filing. Detailed filing data is available for this year.$60.8$4.31$56.5$6.99$5.74$1.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.9$4.63$50.3$4.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.8$4.61$43.1$4.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.6$6.11$42.5$4.92