Civic Intelligence

Minnesota Cooperative Education Foundation

990EZ • Fiscal year 2014 • EIN 36-3490526

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 21, 2015

145 University Ave W Suite 45055103-2044

(651) 228-0213

Siviq Scores

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

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.05x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$227,253

Up $56,873 (+33%) from 2013

Net Assets

Up

$157,171

Up $11,843 (+8.1%) from 2013

Liabilities

Up

$70,082

Up $45,030 (+180%) from 2013

Revenue

Down

$66,966

Down $10,910 (-14%) from 2013

Expenses

Up

$57,109

Up $16,380 (+40%) from 2013

Net Income

Down

$9,857

Down $27,290 (-73%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $123,874Liabilities 2011: $28,050Net Assets 2011: $95,8242011Assets 2012: $126,548Liabilities 2012: $18,367Net Assets 2012: $108,1812012Assets 2013: $170,380Liabilities 2013: $25,052Net Assets 2013: $145,3282013Assets 2014: $227,253Liabilities 2014: $70,082Net Assets 2014: $157,1712014Assets 2015: $189,480Liabilities 2015: $23,307Net Assets 2015: $166,1732015Assets 2016: $241,460Liabilities 2016: $39,457Net Assets 2016: $202,0032016Assets 2017: $133,750Liabilities 2017: $2,488Net Assets 2017: $131,2622017Assets 2021: $159,105Liabilities 2021: $383Net Assets 2021: $158,7222021Assets 2022: $160,864Liabilities 2022: $0Net Assets 2022: $160,8642022Assets 2023: $161,619Liabilities 2023: $0Net Assets 2023: $161,6192023Assets 2024: $162,937Liabilities 2024: $0Net Assets 2024: $162,9372024Assets 2025: $165,161Liabilities 2025: $0Net Assets 2025: $165,1612025

Highlighted filing

2014

Assets$227,253
Liabilities$70,082
Net Assets$157,171

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $102,785Expenses 2011: $59,746Net Income 2011: $43,0392011Revenue 2012: $66,672Expenses 2012: $54,315Net Income 2012: $12,3572012Revenue 2013: $77,876Expenses 2013: $40,729Net Income 2013: $37,1472013Revenue 2014: $66,966Expenses 2014: $57,109Net Income 2014: $9,8572014Revenue 2015: $85,107Expenses 2015: $75,014Net Income 2015: $10,0932015Revenue 2016: $169,662Expenses 2016: $136,278Net Income 2016: $33,3842016Revenue 2017: $12,996Expenses 2017: $82,424Net Income 2017: -$69,4282017Revenue 2021: $2,343Expenses 2021: $553Net Income 2021: $1,7902021Revenue 2022: $1,590Expenses 2022: $664Net Income 2022: $9262022Revenue 2023: $5,190Expenses 2023: $3,009Net Income 2023: $2,1812023Revenue 2024: $1,382Expenses 2024: $1,000Net Income 2024: $3822024Revenue 2025: $2,111Expenses 2025: $696Net Income 2025: $1,4152025

Highlighted filing

2014

Revenue$66,966
Expenses$57,109
Net Income$9,857
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$66,966
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.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION SUPPORTED CONFERENCES, MEETINGS AND FORUMS PRESENTED TO PROVIDE THE DESIRED EDUCATION.$6,250$50,859
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AL KRYSANDirector-$0--
BILL OEMICHENPresident & CEO-$0--
CURT EISCHENSChair-$0--
DAN HOFFMANDirector-$0--
DAVE HOELMERDirector-$0--
DICK NESVOLDDirector-$0--
MARY BUSCHETTEVice-Chair-$0--
MATT HUGHESSecretary/Treasurer-$0--
TOM HAYESDirector-$0--
Filing and Contact Details

Filer

EIN
36-3490526
Phone
6512280213

Signing Officer

Name
Bill Oemichen
Title
President & CEO
Phone
6512280213
Signed
2015-04-21
Discuss with paid preparer
Yes

Preparer

Preparer
Kimberly Anderson CPA
Phone
6086628600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income . Amount: 868.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expense . Amount: 409. Description: travel . Amount: 75. Description: registration fees . Amount: 25. Description: cooperative awareness program. Amount: 47,324. Total to form 990-ez, line 16: 47,833.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized investment gain/loss. Amount: 1,986.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable . Beg. Of year amount: 0. End of year amount: 3,500.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: account payable . Beg. Of year amount: 25,052. End of year amount: 70,082.

Raw XML Appendix196 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/OfficerDirectorTrusteeEmplGrp/PersonNm0AL KRYSAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BILL OEMICHEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY/TREASURER
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherExpensesTotalAmt047833
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IRS990EZ/PrimaryExemptPurposeTxt0THE MINNESOTA COOPERATIVE EDUCATION FOUNDATION'S GOALS ARE TO PROVIDE POST-SECONDARY EDUCATION SCHOLARSHIPS AND TO EDUCATE INDIVIDUALS AND ORGANIZATIONS ABOUT COOPERATIVES.
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IRS990EZ/WebsiteAddressTxt0WWW.MCEF.COOP
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME . AMOUNT: 868.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE EXPENSE . AMOUNT: 409. DESCRIPTION: TRAVEL . AMOUNT: 75. DESCRIPTION: REGISTRATION FEES . AMOUNT: 25. DESCRIPTION: COOPERATIVE AWARENESS PROGRAM. AMOUNT: 47,324. TOTAL TO FORM 990-EZ, LINE 16: 47,833.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED INVESTMENT GAIN/LOSS. AMOUNT: 1,986.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNT PAYABLE . BEG. OF YEAR AMOUNT: 25,052. END OF YEAR AMOUNT: 70,082.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL OEMICHEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06512280213
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine10MINNESOTA COOPERATIVE EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0363490526
ReturnHeader/Filer/PhoneNum06512280213
ReturnHeader/Filer/USAddress/AddressLine10145 UNIVERSITY AVE W SUITE 450
ReturnHeader/Filer/USAddress/City0ST PAUL
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode0551032044
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108215 GREENWAY BOULEVARD SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MIDDLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode053562
ReturnHeader/PreparerPersonGrp/PhoneNum06086628600
ReturnHeader/PreparerPersonGrp/PreparationDt02015-03-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY ANDERSON CPA
ReturnHeader/ReturnTs02015-04-22T16:19:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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