Civic Intelligence

Advance Foundation

990 • Fiscal year 2020 • EIN 36-3552600

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 30, 2020

301 Division AvenueBrookings, SD 57006

(605) 692-7852

Siviq Scores

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

Liabilities / Assets

69th percentile

0.20x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.88x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

7th percentile

-60%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

14th percentile

-7.9%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

4.2%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$833,742

Down $71,425 (-7.9%) from 2019

Net Assets

Down

$664,148

Down $215,787 (-25%) from 2019

Liabilities

Up

$169,594

Up $144,362 (+572%) from 2019

Revenue

Up

$193,145

Up $7,817 (+4.2%) from 2019

Expenses

Up

$309,338

Up $143,348 (+86%) from 2019

Net Income

Down

-$116,193

Down $135,531 (-701%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $849,752Liabilities 2011: $27,497Net Assets 2011: $822,2552011Assets 2013: $958,428Liabilities 2013: $30,794Net Assets 2013: $927,6342013Assets 2014: $989,137Liabilities 2014: $32,289Net Assets 2014: $956,8482014Assets 2015: $1,012,494Liabilities 2015: $22,325Net Assets 2015: $990,1692015Assets 2016: $827,718Liabilities 2016: $20,756Net Assets 2016: $806,9622016Assets 2017: $858,559Liabilities 2017: $23,441Net Assets 2017: $835,1182017Assets 2018: $881,514Liabilities 2018: $20,917Net Assets 2018: $860,5972018Assets 2019: $905,167Liabilities 2019: $25,232Net Assets 2019: $879,9352019Assets 2020: $833,742Liabilities 2020: $169,594Net Assets 2020: $664,1482020Assets 2021: $758,695Liabilities 2021: $96,322Net Assets 2021: $662,3732021Assets 2022: $784,141Liabilities 2022: $48,501Net Assets 2022: $735,6402022Assets 2023: $866,433Liabilities 2023: $51,879Net Assets 2023: $814,5542023Assets 2024: $960,494Liabilities 2024: $128,204Net Assets 2024: $832,2902024Assets 2025: $963,436Liabilities 2025: $53,059Net Assets 2025: $910,3772025

Highlighted filing

2020

Assets$833,742
Liabilities$169,594
Net Assets$664,148

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $137,4832011Expenses 2013: $114,6792013Revenue 2014: $165,471Expenses 2014: $136,257Net Income 2014: $29,2142014Revenue 2015: $172,165Expenses 2015: $138,844Net Income 2015: $33,3212015Revenue 2016: $180,746Expenses 2016: $363,953Net Income 2016: -$183,2072016Revenue 2017: $169,056Expenses 2017: $140,900Net Income 2017: $28,1562017Revenue 2018: $165,365Expenses 2018: $139,886Net Income 2018: $25,4792018Revenue 2019: $185,328Expenses 2019: $165,990Net Income 2019: $19,3382019Revenue 2020: $193,145Expenses 2020: $309,338Net Income 2020: -$116,1932020Revenue 2021: $213,581Expenses 2021: $215,356Net Income 2021: -$1,7752021Revenue 2022: $236,510Expenses 2022: $163,243Net Income 2022: $73,2672022Revenue 2023: $285,500Expenses 2023: $206,586Net Income 2023: $78,9142023Revenue 2024: $296,956Expenses 2024: $279,220Net Income 2024: $17,7362024Revenue 2025: $303,419Expenses 2025: $225,332Net Income 2025: $78,0872025

Highlighted filing

2020

Revenue$193,145
Expenses$309,338
Net Income-$116,193
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 30, 2020
Return Version
2019v5.0
Gross Receipts
$193,145
Mission and Program Overview

Mission

In support of people with disabilities. ADVANCE Foundation, Inc's mission is to manage property and gifts of money, exclusively, for charitable and educational purposes to promote, encourage and assist ADVANCE for the maintenance of its activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$482,473$449,146▼ $33,327
Savings and Temporary Cash Investments$300,000$205,400▼ $94,600
Cash and Non-Interest-Bearing Accounts$67,630$111,907▲ $44,277
Prepaid Expenses and Deferred Charges$10,667$11,330▲ $663
Accounts Receivable$15,075$10,623▼ $4,452
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$905,167$833,742▼ $71,425
Other Assets Total$29,322$45,336▲ $16,014
Liabilities
Other Liabilities$15,040$144,125▲ $129,085
Accounts Payable and Accrued Expenses$10,192$25,469▲ $15,277
Total Liabilities$25,232$169,594▲ $144,362
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$879,935$664,148▼ $215,787
Total Net Assets Fund Balance$879,935$664,148▼ $215,787
Total Liabilities and Net Assets / Fund Balance$905,167$833,742▼ $71,425

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$283,896$1,017,710$1,301,606
Land$165,250-$165,250
Other Land Buildings-$18,921$18,921
Other Assets Org$6,574--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,574
Investment Income
$7,558
Other Revenue
$13
Change in Net Assets
$-116,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,469
Grants and Similar Amounts Paid$102,869
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$100,000--$100,000
Depreciation Depletion$51,588--$51,588
Insurance$16,459--$16,459
Fees for Services Management$16,098--$16,098
Other Expenses$5,028--$5,028
Fees for Services Accounting$1,136$2,272-$3,408
Grants to Domestic Individuals$2,869--$2,869
All Other Expenses-$539-$539
Total Functional Expenses$306,527$2,811$0$309,338
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
AdvanceBrookings, SD-Building Project$100,000
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pledges Payable to a related party$130,000
Rental Deposits$14,125
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The Organization hired ADVANCE, a related organization, through March 2018 and Fjeldos Property Management, thereafter, to provide management services.

Form 990, Part VI, Line 11B: Form 990 Review Process

The financial statements and tax returns are submitted to the Board of Directors for review and approval, which may or may not occur prior to the filing of the completed tax returns.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization monitors and enforces any conflicts that may arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

There is no compensation at this time. There are no employees at this time. If there were compensation, it would be board approved.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
ADVANCE Foundation
EIN
36-3552600
Phone
6056927852
Address
301 Division Avenue, Brookings, SD 57006

Signing Officer

Name
Brian Ardry
Title
Treasurer
Signed
2020-09-30
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
Sd
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Kinner & Company Ltd
Address
404 3rd Ave PO Box 690, Brookings, SD 57006
Preparer
Nathan Kinner
Phone
6056922515
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0879935
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0664148
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029322
IRS990/OtherAssetsTotalGrp/EOYAmt045336
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Maintenance
IRS990/OtherExpensesGrp/Desc1Property Taxes
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ProgramServicesAmt074754
IRS990/OtherExpensesGrp/ProgramServicesAmt128012
IRS990/OtherExpensesGrp/ProgramServicesAmt210583
IRS990/OtherExpensesGrp/ProgramServicesAmt35028
IRS990/OtherExpensesGrp/TotalAmt074754
IRS990/OtherExpensesGrp/TotalAmt128012
IRS990/OtherExpensesGrp/TotalAmt210583
IRS990/OtherExpensesGrp/TotalAmt35028
IRS990/OtherLiabilitiesGrp/BOYAmt015040
IRS990/OtherLiabilitiesGrp/EOYAmt0144125
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013
IRS990/OtherRevenueTotalAmt013
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010667
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011330
IRS990/PriorPeriodAdjustmentsAmt0-99594
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0185574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0185574
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02499
IRS990/PYInvestmentIncomeAmt06688
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0163491
IRS990/PYProgramServiceRevenueAmt0178640
IRS990/PYRevenuesLessExpensesAmt019338
IRS990/PYTotalExpensesAmt0165990
IRS990/PYTotalRevenueAmt0185328
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-116193
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0189112
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0300000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0205400
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: Foundation supports ADVANCE, a separate 501(c)(3).
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0366
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014823
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.02410
IRS990ScheduleA/PublicSupportPY170Pct00.10480
IRS990ScheduleA/PublicSupportTotal170Amt0366
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestPYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0366
IRS990ScheduleA/TotalSupportAmt015189
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0283896
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01017710
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01301606
IRS990ScheduleD/LandGrp/BookValueAmt0165250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0165250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024637
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114125
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26574
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Held By Property Manager
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits Held By Property Manager
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Interest Receivable
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018921
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0130000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Pledges Payable to a related party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rental Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0449146
IRS990ScheduleD/TotalBookValueOtherAssetsAmt045336
IRS990ScheduleD/TotalLiabilityAmt0144125
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Building Project
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ADVANCE
IRS990ScheduleI/RecipientTable/RecipientEIN0460348804
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0301 Division Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Brookings
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057006
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Follow up reporting from Grantee.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization hired ADVANCE, a related organization, through March 2018 and Fjeldos Property Management, thereafter, to provide management services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The financial statements and tax returns are submitted to the Board of Directors for review and approval, which may or may not occur prior to the filing of the completed tax returns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization monitors and enforces any conflicts that may arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There is no compensation at this time. There are no employees at this time. If there were compensation, it would be board approved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.96$0.05$0.91$0.30$0.23$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.13$0.83$0.30$0.28$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.05$0.81$0.29$0.21$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.05$0.74$0.24$0.16$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.10$0.66$0.21$0.22$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.17$0.66$0.19$0.31$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.03$0.88$0.19$0.17$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$0.17$0.14$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.84$0.17$0.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.18$0.36$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.02$0.99$0.17$0.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.96$0.17$0.14$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.03$0.93$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.03$0.82$0.14