Civic Intelligence

Vision Brookings Foundation

990 • Fiscal year 2019 • EIN 36-4585401

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 24, 2020

2301 Research Park Way Ste 113Brookings, SD 57006

(605) 692-6125

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

70th percentile

19%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

545%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$389,845

Up $60,928 (+19%) from 2018

Net Assets

Up

$381,455

Up $63,148 (+20%) from 2018

Liabilities

Down

$8,390

Down $2,220 (-21%) from 2018

Revenue

Up

$161,017

Up $136,071 (+545%) from 2018

Expenses

Up

$97,869

Up $2,979 (+3.1%) from 2018

Net Income

Up

$63,148

Up $133,092 (+190%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $114,083Net Assets 2010: $114,0832010Assets 2011: $77,810Liabilities 2011: $0Net Assets 2011: $77,8102011Assets 2012: $143,825Net Assets 2012: $143,8252012Assets 2013: $507,135Liabilities 2013: $0Net Assets 2013: $507,1352013Assets 2014: $405,507Net Assets 2014: $405,5072014Assets 2015: $312,281Net Assets 2015: $312,2812015Assets 2016: $450,447Liabilities 2016: $0Net Assets 2016: $450,4472016Assets 2017: $388,251Net Assets 2017: $388,2512017Assets 2018: $328,917Liabilities 2018: $10,610Net Assets 2018: $318,3072018Assets 2019: $389,845Liabilities 2019: $8,390Net Assets 2019: $381,4552019Assets 2020: $264,386Liabilities 2020: $0Net Assets 2020: $264,3862020Assets 2021: $201,162Liabilities 2021: $0Net Assets 2021: $201,1622021Assets 2022: $141,192Liabilities 2022: $0Net Assets 2022: $141,1922022Assets 2023: $344,115Liabilities 2023: $0Net Assets 2023: $344,1152023Assets 2024: $343,761Net Assets 2024: $343,7612024

Highlighted filing

2019

Assets$389,845
Liabilities$8,390
Net Assets$381,455

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $50,145Expenses 2010: $341,029Net Income 2010: -$290,8842010Expenses 2011: $404,0782011Revenue 2012: $116,599Expenses 2012: $50,584Net Income 2012: $66,0152012Revenue 2013: $458,193Expenses 2013: $94,883Net Income 2013: $363,3102013Revenue 2014: $66,016Expenses 2014: $167,644Net Income 2014: -$101,6282014Revenue 2015: $71,633Expenses 2015: $164,859Net Income 2015: -$93,2262015Revenue 2016: $468,119Expenses 2016: $329,953Net Income 2016: $138,1662016Revenue 2017: $25,051Expenses 2017: $87,247Net Income 2017: -$62,1962017Revenue 2018: $24,946Expenses 2018: $94,890Net Income 2018: -$69,9442018Revenue 2019: $161,017Expenses 2019: $97,869Net Income 2019: $63,1482019Revenue 2020: $10,219Expenses 2020: $127,288Net Income 2020: -$117,0692020Revenue 2021: $6,268Expenses 2021: $69,492Net Income 2021: -$63,2242021Revenue 2022: $115,749Expenses 2022: $175,719Net Income 2022: -$59,9702022Revenue 2023: $304,888Expenses 2023: $101,965Net Income 2023: $202,9232023Revenue 2024: $1,304Expenses 2024: $1,658Net Income 2024: -$3542024

Highlighted filing

2019

Revenue$161,017
Expenses$97,869
Net Income$63,148
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 24, 2020
Return Version
2019v5.0
Gross Receipts
$212,253
Mission and Program Overview

Mission

To provide public education and lessen the burdens of government; to assist, develop and advance the area economy and prosperity by encouraging and promoting new, as well as the expansion of existing, industry and commercial development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,544$282,795▲ $95,251
Pledges and Grants Receivable$149,395$110,263▼ $39,132
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$328,917$389,845▲ $60,928
Other Assets Total$-8,022$-3,213▲ $4,809
Liabilities
Accounts Payable and Accrued Expenses$10,610$8,390▼ $2,220
Total Liabilities$10,610$8,390▼ $2,220
Net Assets / Fund Balance
Net Assets With Donor Restrictions$318,307$381,455▲ $63,148
Total Net Assets Fund Balance$318,307$381,455▲ $63,148
Total Liabilities and Net Assets / Fund Balance$328,917$389,845▲ $60,928
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jay BenderPresident
Carla GatzkeVice President
Andy JohnsonDirector
Chris ChaseDirector
Dr Merritt WarrenDirector
Jeff RiefDirector
Kevin TetzlaffDirector
Steve CarnesDirector
Victoria BlatchfordDirector
Allan HeutonSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,021
Program Service Revenue
$0
Investment Income
$1,719
Other Revenue
$36,277
All Other Contributions
$123,021
Change in Net Assets
$63,148

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$51,236
Total Noncash Contributions1$51,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,785
Other Expenses$35,084
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,785--$62,785
Other Expenses$34,334--$34,334
Fees for Services Accounting$661--$661
Office Expenses$89--$89
Total Functional Expenses$97,869$0$0$97,869
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-
Governance and Compliance

Governance Checklist

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

Governance Explanations

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 19: Other Organization Documents Publicly Available

The financial statements and any disclosures are available upon request.

Filing and Contact Details

Filer

Filer Name
Vision Brookings Foundation
EIN
36-4585401
Phone
6056926125
Address
2301 Research Park Way Ste 113, Brookings, SD 57006

Signing Officer

Name
Allan Heuton
Title
Sec/Treasurer
Signed
2020-04-24
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Sd
Voting Board Members
10
Independent Board Members
10
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/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0161199
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt057785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0467973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0617197
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0622
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0248
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0146
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03112
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt051053
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt036277
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt024324
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04802
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IRS990ScheduleA/PublicSupportPY170Pct00.99670
IRS990ScheduleA/PublicSupportTotal170Amt0617197
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0467973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071439
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0617197
IRS990ScheduleA/TotalSupportAmt0685712
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt051236
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 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/ExplanationTxt1The organization monitors and enforces any conflicts that may arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The financial statements and any disclosures are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0328917
IRS990/TotalAssetsEOYAmt0389845
IRS990/TotalAssetsGrp/BOYAmt0328917
IRS990/TotalAssetsGrp/EOYAmt0389845
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IRS990/TotalContributionsAmt0123021
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt097869
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010610
IRS990/TotalLiabilitiesEOYAmt08390
IRS990/TotalLiabilitiesGrp/BOYAmt010610
IRS990/TotalLiabilitiesGrp/EOYAmt08390
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0318307
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0381455
IRS990/TotalProgramServiceExpensesAmt097869
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037996
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0328917
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0389845
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02301 Research Park Way Ste 113
IRS990/USAddress/CityNm0Brookings
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057006
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Allan Heuton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec/Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Vision Brookings Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VISI
ReturnHeader/Filer/EIN0364585401
ReturnHeader/Filer/PhoneNum06056926125
ReturnHeader/Filer/USAddress/AddressLine1Txt02301 Research Park Way Ste 113
ReturnHeader/Filer/USAddress/CityNm0Brookings
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460400356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kinner & Company Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0404 3rd Ave PO Box 690
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brookings
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.44$3.44$0.01$0.02$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.44$0.00$3.44$3.05$1.02$2.03
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$1.16$1.76$0.60
2021Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.06$0.69$0.63
2020Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.10$1.27$1.17
2019Detailed filing. Detailed filing data is available for this year.$3.90$0.08$3.81$1.61$0.98$0.63
2018Detailed filing. Detailed filing data is available for this year.$3.29$0.11$3.18$0.25$0.95$0.70
2017Detailed filing. Detailed filing data is available for this year.$3.88$3.88$0.25$0.87$0.62
2016Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$4.68$3.30$1.38
2015Detailed filing. Detailed filing data is available for this year.$3.12$3.12$0.72$1.65$0.93
2014Detailed filing. Detailed filing data is available for this year.$4.06$4.06$0.66$1.68$1.02
2013Detailed filing. Detailed filing data is available for this year.$5.07$0.00$5.07$4.58$0.95$3.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$1.44$1.17$0.51$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$4.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.14$0.50$3.41$2.91