Civic Intelligence

Brainerd Public Schools Foundation

990 • Fiscal year 2013 • EIN 36-3542673

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 07, 2013

804 Oak Street56401
Siviq Scores

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

Liabilities / Assets

46th percentile

0.09x

Higher debt load relative to assets than 46% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

48th percentile

1.5%

Faster asset growth than 48% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,466,916

Up $21,626 (+1.5%) from 2012

Net Assets

Up

$1,336,159

Up $129,069 (+11%) from 2012

Liabilities

Down

$130,757

Down $107,443 (-45%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$146,499

Up $33,200 (+29%) from 2012

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.

$6.0M$4.0M$2.0M$0Assets 2010: $1,524,532Liabilities 2010: $376,564Net Assets 2010: $1,147,9682010Assets 2011: $1,554,887Liabilities 2011: $340,026Net Assets 2011: $1,214,8612011Assets 2012: $1,445,290Liabilities 2012: $238,200Net Assets 2012: $1,207,0902012Assets 2013: $1,466,916Liabilities 2013: $130,757Net Assets 2013: $1,336,1592013Assets 2014: $1,633,443Liabilities 2014: $73,377Net Assets 2014: $1,560,0662014Assets 2015: $1,551,744Liabilities 2015: $536Net Assets 2015: $1,551,2082015Assets 2016: $1,550,055Liabilities 2016: $815Net Assets 2016: $1,549,2402016Assets 2017: $1,920,030Liabilities 2017: $854Net Assets 2017: $1,919,1762017Assets 2018: $2,216,206Liabilities 2018: $1,022Net Assets 2018: $2,215,1842018Assets 2019: $2,471,998Liabilities 2019: $1,084Net Assets 2019: $2,470,9142019Assets 2020: $2,571,513Liabilities 2020: $1,161Net Assets 2020: $2,570,3522020Assets 2021: $3,136,763Liabilities 2021: $1,145Net Assets 2021: $3,135,6182021Assets 2022: $2,971,567Liabilities 2022: $1,206Net Assets 2022: $2,970,3612022Assets 2023: $3,356,901Liabilities 2023: $81,362Net Assets 2023: $3,275,5392023Assets 2024: $4,045,172Liabilities 2024: $139,197Net Assets 2024: $3,905,9752024Assets 2025: $4,568,140Liabilities 2025: $18,577Net Assets 2025: $4,549,5632025

Highlighted filing

2013

Assets$1,466,916
Liabilities$130,757
Net Assets$1,336,159

Operations Trend

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

$1.0M$500K$0Expenses 2010: $102,0382010Expenses 2011: $91,7142011Expenses 2012: $113,2992012Expenses 2013: $146,4992013Revenue 2014: $227,816Expenses 2014: $110,096Net Income 2014: $117,7202014Revenue 2015: $324,914Expenses 2015: $183,568Net Income 2015: $141,3462015Revenue 2016: $221,160Expenses 2016: $182,123Net Income 2016: $39,0372016Revenue 2017: $458,672Expenses 2017: $170,042Net Income 2017: $288,6302017Revenue 2018: $479,452Expenses 2018: $202,964Net Income 2018: $276,4882018Revenue 2019: $473,230Expenses 2019: $216,519Net Income 2019: $256,7112019Revenue 2020: $362,950Expenses 2020: $227,379Net Income 2020: $135,5712020Revenue 2021: $537,855Expenses 2021: $438,600Net Income 2021: $99,2552021Revenue 2022: $782,025Expenses 2022: $283,452Net Income 2022: $498,5732022Revenue 2023: $443,254Expenses 2023: $258,919Net Income 2023: $184,3352023Revenue 2024: $808,778Expenses 2024: $329,963Net Income 2024: $478,8152024Revenue 2025: $690,199Expenses 2025: $292,241Net Income 2025: $397,9582025

Highlighted filing

2013

Revenue-
Expenses$146,499
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 7, 2013
Return Version
2012v2.3
Gross Receipts
$225,030
Mission and Program Overview

Mission

The mission of the foundation is to assist in providing opportunities for quality academics, arts, activities and athletics for students of the brainerd public school district. The vision of the brainerd public school foundation is for the young people of the brainerd lakes area to have the finest educational opporunities possible and to enable all individuals to reach their full potential as learners, participants, citizens, artists, athletes and contributors to our community and the whole of society.

Filing and Contact Details

Filer

EIN
36-3542673
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IRS990ScheduleD/ExplanationInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE BRAINERD PUBLIC SCHOOLS FOUNDATION HOLDS FUNDS TRANSFERRED TO THEM FROM ANOTHER ORGANIZATION FOR INVESTMENT MANAGEMENT PURPOSES. THE FUNDS ARE TO BE DISTRIBUTED BACK TO THIS ORGANIZATION AS THEY REQUEST. THE FOUNDATION HAS RECOGNIZED THESE FUNDS AS THE LIABILITY DESCRIBED ON THE 990, PAGE 11, PART X, LINE 21 AS THE "WARRIOR WAY AGENCY FUND".
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE FOUNDATION'S ENDOWMENT CONSISTS OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS TO BE AWARDED TO ISD 181 STUDENTS AND GRANTS TO ISD 181 TO SUPPORT ACADEMICS, ATHLETICS, ARTS AND ACTIVITIES.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0ESCROW LIABILITY ARRANGEMENT EXPLANATION
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1INTENDED USES FOR ENDOWMENT FUNDS
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/IncludedOnFS0true
IRS990ScheduleD/InvestmentsProgramRelated/BookValue01379727
IRS990ScheduleD/InvestmentsProgramRelated/Description0CMCF MUTUAL FUND
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0F
IRS990ScheduleD/PermanentEndowmentEOYBalance01.00000
IRS990ScheduleD/TotalOfBookValueProgramRelated01379727
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents012550
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1015112
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent206596
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal021708
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1015112
IRS990ScheduleG/EventsInformation/GrossRevenueEvent206596
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents021708
IRS990ScheduleG/EventsInformation/NameOfEvent10WARRIOR FEST
IRS990ScheduleG/EventsInformation/NameOfEvent20RIVER RUN
IRS990ScheduleG/EventsInformation/NetIncomeSummary09158
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent109351
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent203199
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents012550
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant035100
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant123250
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant23053
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients053
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients13
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients25
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0SCHOLARSHIP GRANTS
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant14 A'S GRANTS
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant2CHALLENGE GRANTS, OTHER
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0APPLICATIONS ARE ACCEPTED AND REVIEWED BY THE BRAINERD HIGH SCHOOL HONORS COMMITTEE TO BE CONSIDERED ELIGIBLE AND SELECTED FOR SCHOLARSHIP GRANTS. THE FUNDS ARE PAID DIRECTLY TO THE STUDENT'S INSTITUTION WHEN A TRANSCRIPT IS RECEIVED. NOMINATIONS/REQUESTS FOR THE CHALLENGE AND OTHER GRANTS ARE RECEIVED AND ARE REVIEWED FOR ELIGIBILITY AND CONSIDERATION FOR SELECTION BY THE BOARD OF DIRECTORS. THE FUNDS ARE PAID WHEN INVOICES ARE RECEIVED FOR THE APPROVED PROJECTS. WARRIOR WAY FUND DISTRIBUTIONS ARE MONITORED AND APPROVED THRU THE BRAINERD HIGH SCHOOL ACTIVITY OFFICE AND THE SPORTS BOOSTERS.
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation1PART II, LINE 1, COLUMN (H) PURPOSE OF GRANT OR ASSITANCE: COTE EQUIPMENT/NISSWA LIBRARY, YOUTH ORCHESTRA, 4 A'S, CHALLENGE GRANTS, SPORTS BOOSTERS, AND OTHER MISC ITEMS.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier1ADDITIONAL INFORMATION
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10804 OAK STREET
IRS990ScheduleI/RecipientTable/AddressUS/City0BRAINERD
IRS990ScheduleI/RecipientTable/AddressUS/State0MN
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode056401
IRS990ScheduleI/RecipientTable/AmountOfCashGrant027466
IRS990ScheduleI/RecipientTable/EINOfRecipient0416000789
IRS990ScheduleI/RecipientTable/PurposeOfGrant0SEE PART IV

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.57$0.02$4.55$0.69$0.29$0.40
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.14$3.91$0.81$0.33$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.36$0.08$3.28$0.44$0.26$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.78$0.28$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.14$0.00$3.14$0.54$0.44$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$0.36$0.23$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.47$0.22$0.26
2018Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.48$0.20$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.46$0.17$0.29
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.22$0.18$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.32$0.18$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.07$1.56$0.23$0.11$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.13$1.34$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.24$1.21$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.34$1.21$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.38$1.15$0.10