Minnesota Cooperative Education Foundation

990EZ • Fiscal year 2013 • EIN 36-3490526

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 05, 2014

Organization Profile WWW.MCEF.COOP

145 University Ave W Suite 45055103-2044

Siviq Scores

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

0.15x

Higher debt load relative to assets than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

48%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

35%

Faster asset growth than 80% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

17%

Faster revenue growth than 69% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets79th percentile

Assets

$170,380

Up $43,832 (+35%) from 2012

Net Assets

$145,328

Up $37,147 (+34%) from 2012

Liabilities

$25,052

Up $6,685 (+36%) from 2012

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin91st percentile

Revenue

$77,876

Up $11,204 (+17%) from 2012

Expenses

Down

$40,729

Down $13,586 (-25%) from 2012

Net Income

$37,147

Up $24,790 (+201%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

Highlighted filing

2013

Assets$170,380

Liabilities$25,052

Net Assets$145,328

Open 2013 Filing

Operations Trend

Revenue Growth69th percentile

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

Highlighted filing

2013

Revenue$77,876

Expenses$40,729

Net Income$37,147

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Feb 5, 2014
Return Version: 2012v2.1

Mission and Program Overview

Mission

The minnesota cooperative education foundation's goals are to provide post-secondary education scholarships and to educate individuals and organizations about cooperatives.

Filing and Contact Details

Filer

EIN: 36-3490526

Raw XML Appendix193 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	CURT EISCHENS
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	BILL OEMICHEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	MATT HUGHES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	TOM HAYES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	MARY BUSCHETTE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	6	AL KRYSAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	7	DAVE HOELMER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	8	DICK NESVOLD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	CHAIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	5	VICE-CHAIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	6	SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	7	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	8	DIRECTOR
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IRS990EZ/PrimaryExemptPurpose	0	THE MINNESOTA ASSOCIATION OF COOPERATIVES EDUCATION FOUNDATION'S GOALS ARE TO PROVIDE POST-SECONDARY EDUCATION SCHOLARSHIPS AND TO EDUCATE INDIVIDUALS AND ORGANIZATIONS ABOUT COOPERATIVES.
IRS990EZ/PrintingPublicationsPostage	0	9
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	THE FOUNDATION SUPPORTED CONFERENCES, MEETINGS AND FORUMS PRESENTED TO PROVIDE THE DESIRED EDUCATION.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	3950
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	36780
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IRS990EZ/WebSite	0	WWW.WFCMAC.COOP/COOPS/MAC
IRS990ScheduleA/AmountsSubstContributorsTotal	0	194821
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IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	66526
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IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
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IRS990ScheduleO/GeneralExplanation/Explanation	0	INTEREST INCOME 138..
IRS990ScheduleO/GeneralExplanation/Explanation	1	DESCRIPTION: REGISTRATION FEES. AMOUNT: 25. DESCRIPTION: COOPERATIVE AWARENESS PROGRAM. AMOUNT: 34,872. DESCRIPTION: TRAVEL. AMOUNT: 81. TOTAL TO FORM 990-EZ, LINE 16: 34,978.
IRS990ScheduleO/GeneralExplanation/Explanation	2	DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 18,367. END OF YEAR AMOUNT: 25,052.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER INVESTMENT INCOME
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER LIABILITIES
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IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	363490526
ReturnHeader/Filer/Name/BusinessNameLine1	0	MINNESOTA COOPERATIVE EDUCATION FOUNDATION
ReturnHeader/Filer/NameControl	0	MINN
ReturnHeader/Filer/Phone	0	6512280213
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ReturnHeader/Officer/AuthorizeThirdParty	0	1
ReturnHeader/Officer/DateSigned	0	2014-02-05
ReturnHeader/Officer/Name	0	BILL OEMICHEN
ReturnHeader/Officer/Phone	0	6512280213
ReturnHeader/Officer/Title	0	PRESIDENT & CEO
ReturnHeader/Preparer/DatePrepared	0	2014-02-05
ReturnHeader/PreparerFirm/EIN	0	410746749
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	8215 GREENWAY BOULEVARD SUITE 600
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	WI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	53562
ReturnHeader/Preparer/Name	0	KIMBERLY ANDERSON CPA
ReturnHeader/Preparer/Phone	0	6086628600
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2014-02-11T16:19:04-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $170,380
Liabilities: $25,052
Net assets: $145,328
Revenue: $77,876
Expenses: $40,729
Net income: $37,147

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.65	$0.00	$1.65	$0.02	$0.01	$0.01
2024Detailed filing. Detailed filing data is available for this year.	$1.63	$0.00	$1.63	$0.01	$0.01	$0.00
2023Detailed filing. Detailed filing data is available for this year.	$1.62	$0.00	$1.62	$0.05	$0.03	$0.02
2022Detailed filing. Detailed filing data is available for this year.	$1.61	$0.00	$1.61	$0.02	$0.01	$0.01
2021Detailed filing. Detailed filing data is available for this year.	$1.59	$0.00	$1.59	$0.02	$0.01	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$1.34	$0.02	$1.31	$0.13	$0.82	$0.69
2016Detailed filing. Detailed filing data is available for this year.	$2.41	$0.39	$2.02	$1.70	$1.36	$0.33
2015Detailed filing. Detailed filing data is available for this year.	$1.89	$0.23	$1.66	$0.85	$0.75	$0.10
2014Detailed filing. Detailed filing data is available for this year.	$2.27	$0.70	$1.57	$0.67	$0.57	$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.70	$0.25	$1.45	$0.78	$0.41	$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.27	$0.18	$1.08	$0.67	$0.54	$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.24	$0.28	$0.96	$1.03	$0.60	$0.43