Civic Intelligence

Mankato Area Foundation

990 • Fiscal year 2015 • EIN 41-0011094

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2016

127 S 2nd St No 100Mankato, MN 56001

(507) 345-4519

Siviq Scores

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

Liabilities / Assets

34th percentile

0.10x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

38th percentile

0.16x

Higher debt load relative to revenue than 38% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

98th percentile

122%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

100th percentile

1687%

Faster revenue growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$11,451,856

Up $6,302,808 (+122%) from 2014

Net Assets

Up

$10,273,945

Up $6,090,442 (+146%) from 2014

Liabilities

Up

$1,177,911

Up $212,366 (+22%) from 2014

Revenue

Up

$7,596,674

Up $7,171,606 (+1687%) from 2014

Expenses

Down

$709,569

Down $218,378 (-24%) from 2014

Net Income

Up

$6,887,105

Up $7,389,984 (+1470%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $2,527,140Liabilities 2010: $193,952Net Assets 2010: $2,333,1882010Assets 2011: $3,221,104Liabilities 2011: $293,118Net Assets 2011: $2,927,9862011Assets 2012: $3,558,631Liabilities 2012: $323,013Net Assets 2012: $3,235,6182012Assets 2013: $4,621,212Liabilities 2013: $247,254Net Assets 2013: $4,373,9582013Assets 2014: $5,149,048Liabilities 2014: $965,545Net Assets 2014: $4,183,5032014Assets 2015: $11,451,856Liabilities 2015: $1,177,911Net Assets 2015: $10,273,9452015Assets 2016: $11,464,459Liabilities 2016: $1,145,214Net Assets 2016: $10,319,2452016Assets 2017: $12,558,678Liabilities 2017: $1,211,529Net Assets 2017: $11,347,1492017Assets 2018: $15,027,895Liabilities 2018: $2,319,178Net Assets 2018: $12,708,7172018Assets 2019: $19,568,119Liabilities 2019: $2,531,312Net Assets 2019: $17,036,8072019Assets 2020: $22,594,805Liabilities 2020: $3,608,853Net Assets 2020: $18,985,9522020Assets 2021: $27,550,906Liabilities 2021: $3,946,170Net Assets 2021: $23,604,7362021Assets 2022: $27,051,711Liabilities 2022: $4,060,021Net Assets 2022: $22,991,6902022Assets 2023: $30,025,948Liabilities 2023: $4,087,000Net Assets 2023: $25,938,9482023Assets 2024: $34,424,338Liabilities 2024: $4,537,493Net Assets 2024: $29,886,8452024

Highlighted filing

2015

Assets$11,451,856
Liabilities$1,177,911
Net Assets$10,273,945

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $173,8422010Expenses 2011: $224,8292011Expenses 2012: $321,0482012Revenue 2013: $1,250,796Expenses 2013: $318,633Net Income 2013: $932,1632013Revenue 2014: $425,068Expenses 2014: $927,947Net Income 2014: -$502,8792014Revenue 2015: $7,596,674Expenses 2015: $709,569Net Income 2015: $6,887,1052015Revenue 2016: $1,240,714Expenses 2016: $895,586Net Income 2016: $345,1282016Revenue 2017: $1,459,251Expenses 2017: $1,042,904Net Income 2017: $416,3472017Revenue 2018: $2,396,337Expenses 2018: $1,258,309Net Income 2018: $1,138,0282018Revenue 2019: $4,942,734Expenses 2019: $1,648,705Net Income 2019: $3,294,0292019Revenue 2020: $3,839,123Expenses 2020: $2,102,071Net Income 2020: $1,737,0522020Revenue 2021: $3,879,054Expenses 2021: $2,713,026Net Income 2021: $1,166,0282021Revenue 2022: $6,256,215Expenses 2022: $3,308,376Net Income 2022: $2,947,8392022Revenue 2023: $5,788,794Expenses 2023: $4,419,357Net Income 2023: $1,369,4372023Revenue 2024: $7,145,681Expenses 2024: $5,277,240Net Income 2024: $1,868,4412024

Highlighted filing

2015

Revenue$7,596,674
Expenses$709,569
Net Income$6,887,105
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$7,596,674
Mission and Program Overview

Mission

The foundation provides an avenue of giving for individuals and groups interested in community enrichment.

To enhance and improve the quality of life in mankato, minnesota area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,460,178$9,625,551▲ $6,165,373
Land, Buildings, and Equipment, Net$5,458$809,023▲ $803,565
Cash and Non-Interest-Bearing Accounts$608,925$316,565▼ $292,360
Savings and Temporary Cash Investments$612,051$238,537▼ $373,514
Accounts Receivable$29,609$26,540▼ $3,069
Prepaid Expenses and Deferred Charges-$2,813-
Total Assets$5,149,048$11,451,856▲ $6,302,808
Other Assets Total$432,827$432,827→ $0
Liabilities
Escrow Account Liability$748,348$1,107,879▲ $359,531
Grants Payable$200,000--
Accounts Payable and Accrued Expenses$12,094$62,681▲ $50,587
Other Liabilities$5,103$7,351▲ $2,248
Total Liabilities$965,545$1,177,911▲ $212,366
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,056,264$7,475,951▲ $5,419,687
Permanently Rstr Net Assets$1,724,638$1,706,578▼ $18,060
Unrestricted Net Assets$402,601$1,091,416▲ $688,815
Total Net Assets Fund Balance$4,183,503$10,273,945▲ $6,090,442
Total Liabilities and Net Assets / Fund Balance$5,149,048$11,451,856▲ $6,302,808

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$804,647$10,450$815,097
Other Land Buildings$4,376$12,410$16,786
Other Securities$79,673--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$2,055,200-▲ $16,529-$1,976,541
2014$1,862,687-▲ $287,834-$2,055,200
2013$1,751,879-▲ $214,691-$1,862,687
2012$1,866,115$4,000▼ $67,736-$1,751,879
2011$1,688,902-▲ $326,159$73,990$1,866,115
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian KochPresident
Randy FarrowVice President
Andrew ThomDirector
Andrew WillaertDirector
Chad SurprenantDirector
David WittenbergDirector
Elaine LillyDirector
Fred LutzDirector
Jane SchwickertDirector
Jerry CrestDirector
Jim SantoriDirector
Jo Guck BaileyDirector
Kathy TraugerDirector
Kurt MeyerDirector
Richard KakeldeyDirector
Shannon GullicksonDirector
Tony FrentzDirector
Warren WestDirector
Jessica BeyerSecretary
Michael KarpTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,492,317
Program Service Revenue
$0
Investment Income
$1,012,336
Other Revenue
$92,021
All Other Contributions
$6,492,317
Change in Net Assets
$6,887,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,492,874
Revenue Not Reported on Financial Statements
$103,800
Revenue Not Reported on Form 990
$-796,663
Other Revenue Adjustments
$80,560
Total Revenue per Audited Statements
$6,696,211
Total Revenue per Form 990
$7,596,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$392,781
Other Expenses$215,007
Salaries, Compensation, and Employee Benefits$101,781
Total Fundraising Expense$29,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$352,781--$352,781
Fees for Services Other-$80,560-$80,560
Current Officers, Directors, Trustees, and Key Employees$12,122$36,366$12,122$60,610
Grants to Domestic Individuals$40,000--$40,000
Other Salaries and Wages$20,000$11,101-$31,101
Fees for Services Accounting-$28,255-$28,255
Fees for Service Investment Mgmnt Fees-$23,240-$23,240
Depreciation Depletion-$13,377-$13,377
Occupancy-$12,633-$12,633
Advertising-$10,262-$10,262
Payroll Taxes-$6,639-$6,639
Office Expenses-$6,020-$6,020
Fees for Services Legal-$3,471-$3,471
Other Employee Benefits-$3,431-$3,431
Insurance-$2,977-$2,977
Travel-$2,077-$2,077
Other Expenses$1,134$1,770$17,826$1,770
Total Functional Expenses$426,037$253,584$29,948$709,569

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$709,569
Expenses per Audited Statements$605,769
Total Expenses per Audited Statements$605,769
Expenses Not Reported on Financial Statements$103,800
Other Expense Adjustments$80,560
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Childrens Museum of Southern MnMankato, MN-Program Assistance$110,000
Minnesota State UniversityMankato, MN-Program Assistance$21,500
Colorado State University FoundationFt Collins Co, CO-Program Assistance$15,000
Blue Earth County ParksMankato, MN-Program Assistance$13,194
Ywca of MankatoMankato, MN-Program Assistance$11,040
Echo Food ShelfMankato, MN-Program Assistance$11,000
Best of Waseca IncWaseca, MN-Waseca County Veterans Memorial$10,000
City Center PartnershipMankato, MN-Program Assistance$10,000
South Central College FoundationMankato, MN-Scholarships$10,000
Committee Against Domestic AbuseMankato, MN-Program Assistance$9,000
Merely Players Community TheatreMankato, MN-Program Assistance$8,930
Educare FoundationMankato, MN-Program Assistance$7,500
Mankato Symphony OrchestraMankato, MN-Program Assistance$7,500
Junior AchievementMankato, MN-Program Assistance$7,050
Minnesota State Southern Regional Science FairMankato, MN-Science and Engineering Fair$6,000
Partners for Affordable HousingMankato, MN-Program Assistance$5,925
Leep Inc (leisure Education for Exeptional People)Mankato, MN-Technology Upgrade$5,205
City of JanesvilleJanesville, MN-Program Assistance$5,000
Greater Mankato Diversity CouncilMankato, MN-Program Assistance$5,000
Hmong American PartnershipSt Paul, MN-Program Assistance$5,000
Lake Crystal Area Recreation CenterLake Crystal, MN-Program Assistance$5,000
Minnesota Zoo FoundationApple Valley, MN-Program Assistance$5,000
Royal Family KidsMankato, MN-Program Assistance$5,000
Science Museum of MinnesotaSt Paul, MN-Program Assistance$5,000
Smiles (center for Independent Living)Mankato, MN-Program Assistance$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liability$7,351
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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, Section B, Line 11

A copy of the 990 return is emailed to board members prior to filing and receives approval.

Form 990, Part VI, Section B, Line 15A

The executive committee has the final authority to determine compensation. Information is provided utilizing compensation study done by the minnesota council on nonprofits. The committee substantiates all information in its minutes.

Form 990, Part VI, Section C, Line 19

Documents are provided upon request either in person or requested electronically. Currently our website provides a copy of the 990 return as well as other information regarding the organization.

Filing and Contact Details

Filer

Filer Name
Mankato Area Foundation
EIN
41-0011094
Phone
5073454519
Address
127 S 2ND ST NO 100, MANKATO, MN 56001

Signing Officer

Name
Randy Farrow
Title
Treasurer
Phone
5073451166
Signed
2016-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Koch
Formed
1974
Legal Domicile
Mn
Voting Board Members
20
Independent Board Members
20
Employees
4
Volunteers
0

Preparer

Firm
Abdo Eick & Meyers Llp
Address
100 WARREN ST SUITE 600, MANKATO, MN 56001
Preparer
Christine P Powers CPA
Phone
5076252727
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administrative fees: program service expenses 0. Management and general expenses 80,560. Fundraising expenses 0. Total expenses 80,560.

990 Part XII, Line 2C

There has been no change to the process from prior year. Audit oversight is handled by the finance committee; ultimately the audit is presented to the full board for approval

Financial Statement Notes

PART IV, LINE 2B:

The foundation acts as fiscal sponsor for a number of smaller community groups.

PART X, LINE 2:

Maf is organized as a minnesota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Maf holdings maintains exempt status under the foundations exemption since the foundation is the sole member of maf holdings. The foundation is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the foundation is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purpose. The foundation has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. The foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ADMINISTRATIVE FEES

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ADMINISTRATIVE FEES

Part XII, Line 4B and Park XIII Line 4B

ADMINISTRATIVE FEES

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IRS990/Desc0MANKATO AREA FOUNDATION SERVES AS A LEADER AND RESOURCE TO ENRICH THE QUALITY OF LIFE IN GREATER MANKATO THROUGH VARIOUS GRANTMAKING PROGRAMS. WE CONSIDER A VARIETY OF PROGRAMS: PROGRAMS THAT EDUCATE AND ENLIGHTEN AREA CITIZENS; CULTURAL PROJECTS THAT ENHANCE COMMUNITY INFRASTRUCTURE; PROJECTS THAT PROVIDE USEFUL IMPROVEMENTS TO RECREATIONAL/LEISURE ACTIVITIES FOR ALL MEMBERS OF THE COMMUNITY; AESTHETIC PROJECTS OF COMMUNITY SITES; AND PROGRAMS THAT WILL ASSIST IN PRODUCING EMPOWERED,ACTIVE COMPETENT CITIZENS WITHIN OUR COMMUNITY.
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IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD KAKELDEY
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL KARP
IRS990/Form990PartVIISectionAGrp/PersonNm12BRIAN KOCH
IRS990/Form990PartVIISectionAGrp/PersonNm13KATHY TRAUGER
IRS990/Form990PartVIISectionAGrp/PersonNm14SHANNON GULLICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm15JERRY CREST
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM SANTORI
IRS990/Form990PartVIISectionAGrp/PersonNm17WARREN WEST
IRS990/Form990PartVIISectionAGrp/PersonNm18ANDREW WILLAERT
IRS990/Form990PartVIISectionAGrp/PersonNm19FRED LUTZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0820899
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt0392781
IRS990/GrantsPayableGrp/BOYAmt0200000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt040000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt040000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0352781
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0352781
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0820899
IRS990/GrossReceiptsAmt07596674
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02977
IRS990/InsuranceGrp/TotalAmt02977
IRS990/InvestmentIncomeGrp/ExclusionAmt0191437
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0191437
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03460178
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt09625551
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022860
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05458
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0809023
IRS990/LandBldgEquipCostOrOtherBssAmt0831883
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION PROVIDES AN AVENUE OF GIVING FOR INDIVIDUALS AND GROUPS INTERESTED IN COMMUNITY ENRICHMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04183503
IRS990/NetAssetsOrFundBalancesEOYAmt010273945
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0820899
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0820899
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-796663
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012633
IRS990/OccupancyGrp/TotalAmt012633
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06020
IRS990/OfficeExpensesGrp/TotalAmt06020
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0432827
IRS990/OtherAssetsTotalGrp/EOYAmt0432827
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03431
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03431
IRS990/OtherExpensesGrp/Desc0FUND RAISING DEVELOPMEN
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BOARD OF DIR EXPENSE
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt017826
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21770
IRS990/OtherExpensesGrp/ProgramServicesAmt01134
IRS990/OtherExpensesGrp/TotalAmt017826
IRS990/OtherExpensesGrp/TotalAmt17074
IRS990/OtherExpensesGrp/TotalAmt25465
IRS990/OtherExpensesGrp/TotalAmt31770
IRS990/OtherLiabilitiesGrp/BOYAmt05103
IRS990/OtherLiabilitiesGrp/EOYAmt07351
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt092021
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt092021
IRS990/OtherRevenueTotalAmt092021
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011101
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020000
IRS990/OtherSalariesAndWagesGrp/TotalAmt031101
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06639
IRS990/PayrollTaxesGrp/TotalAmt06639
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01724638
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01706578
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02813
IRS990/PrincipalOfficerNm0BRIAN KOCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0218334
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0678867
IRS990/PYInvestmentIncomeAmt0162355
IRS990/PYOtherExpensesAmt0161012
IRS990/PYOtherRevenueAmt044379
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-502879
IRS990/PYSalariesCompEmpBnftPaidAmt088068
IRS990/PYTotalExpensesAmt0927947
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0425068
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06887105
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0612051
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0238537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06492317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0262713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01136396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0642510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0352408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08886344
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0191437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt069491
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt062373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt029914
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052443
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0405658
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95630
IRS990ScheduleA/PublicSupportPY170Pct00.87550
IRS990ScheduleA/PublicSupportTotal170Amt08886344
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06492317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0262713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01136396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0642510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0352408
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08886344
IRS990ScheduleA/TotalSupportAmt09292002
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/ScheduleBRequiredInd01
IRS990ScheduleD/AdditionsDuringYearAmt0493280
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt0748349
IRS990ScheduleD/BuildingsGrp/BookValueAmt0804647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010450

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.4$4.54$29.9$7.15$5.28$1.87
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$4.09$25.9$5.79$4.42$1.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$4.06$23.0$6.26$3.31$2.95
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$3.95$23.6$3.88$2.71$1.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$3.61$19.0$3.84$2.10$1.74
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$2.53$17.0$4.94$1.65$3.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$2.32$12.7$2.40$1.26$1.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$1.21$11.3$1.46$1.04$0.42
2016Detailed filing. Detailed filing data is available for this year.$11.5$1.15$10.3$1.24$0.90$0.35
2015Detailed filing. Detailed filing data is available for this year.$11.5$1.18$10.3$7.60$0.71$6.89
2014Detailed filing. Detailed filing data is available for this year.$5.15$0.97$4.18$0.43$0.93$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$0.25$4.37$1.25$0.32$0.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.32$3.24$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.29$2.93$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.19$2.33$0.17