Civic Intelligence

Mankato Area Foundation

990 • Fiscal year 2016 • EIN 41-0011094

Jul 01, 2015 to Jun 30, 2016 • Filed on May 08, 2017

127 South Second Street No 100Mankato, MN 56001

(507) 389-4583

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.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.92x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

85th percentile

28%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

15th percentile

$64,417

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

41st percentile

0.1%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$11,464,459

Up $12,603 (+0.1%) from 2015

Net Assets

Up

$10,319,245

Up $45,300 (+0.4%) from 2015

Liabilities

Down

$1,145,214

Down $32,697 (-2.8%) from 2015

Revenue

Down

$1,240,714

Down $6,355,960 (-84%) from 2015

Expenses

Up

$895,586

Up $186,017 (+26%) from 2015

Net Income

Down

$345,128

Down $6,541,977 (-95%) from 2015

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

2016

Assets$11,464,459
Liabilities$1,145,214
Net Assets$10,319,245

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

2016

Revenue$1,240,714
Expenses$895,586
Net Income$345,128
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 8, 2017
Return Version
2015v3.0
Gross Receipts
$1,240,714
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 in Publicly Traded Securities$9,625,551$9,352,208▼ $273,343
Land, Buildings, and Equipment, Net$809,023$1,272,680▲ $463,657
Savings and Temporary Cash Investments$238,537$375,133▲ $136,596
Accounts Receivable$26,540$25,709▼ $831
Cash and Non-Interest-Bearing Accounts$316,565$4,115▼ $312,450
Prepaid Expenses and Deferred Charges$2,813$1,787▼ $1,026
Total Assets$11,451,856$11,464,459▲ $12,603
Other Assets Total$432,827$432,827→ $0
Liabilities
Escrow Account Liability$1,107,879$1,000,415▼ $107,464
Grants Payable-$100,000-
Accounts Payable and Accrued Expenses$62,681$27,226▼ $35,455
Other Liabilities$7,351$17,573▲ $10,222
Total Liabilities$1,177,911$1,145,214▼ $32,697
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,475,951$7,227,885▼ $248,066
Permanently Rstr Net Assets$1,706,578$1,706,578→ $0
Unrestricted Net Assets$1,091,416$1,384,782▲ $293,366
Total Net Assets Fund Balance$10,273,945$10,319,245▲ $45,300
Total Liabilities and Net Assets / Fund Balance$11,451,856$11,464,459▲ $12,603

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,251,364$39,482$1,290,846
Other Land Buildings$21,316$19,483$40,799

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,976,541-▼ $19,636-$1,927,667
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy ZallekExecutive DirectorFT$64,417$64,417

Board Members and Trustees

NameTitle
Brian KochPresident
Andrew ThomVice President
Buster WestDirector
David WittenbergDirector
Dick KakeldeyDirector
Fred LutzDirector
Jerry CrestDirector
Jim SantoriDirector
Jo Guck BaileyDirector
Kathy TraugerDirector
Louise DickmeyerDirector
Lynn SchultzDirector
Melanie VanroekelDirector
Shannon GullicksonDirector
Steve JansenDirector
Tom SernettDirector
Andrew WillaertSecretary
Michael KarpTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$821,089
Program Service Revenue
$108,326
Investment Income
$311,299
Other Revenue
$0
All Other Contributions
$821,089
Change in Net Assets
$345,128

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,112,294
Revenue Not Reported on Financial Statements
$128,420
Revenue Not Reported on Form 990
$-268,366
Other Revenue Adjustments
$96,958
Total Revenue per Audited Statements
$843,928
Total Revenue per Form 990
$1,240,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$482,450
Other Expenses$271,599
Salaries, Compensation, and Employee Benefits$141,537
Total Fundraising Expense$56,561
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$482,450--$482,450
Fees for Services Other$5,422$96,958-$102,380
Current Officers, Directors, Trustees, and Key Employees$26,796$22,968$26,796$76,560
Other Salaries and Wages$21,723$22,451$4,500$48,674
Depreciation Depletion$33,392$2,712-$36,104
Fees for Services Accounting$10,300$21,428$2,500$34,228
Occupancy$8,500$8,139-$16,639
Advertising$1,936$4,920$4,843$11,699
Office Expenses$35$9,997-$10,032
Payroll Taxes$3,265$3,010$2,095$8,370
Other Employee Benefits$2,150$3,583$2,200$7,933
Insurance$1,957$3,842$250$6,049
All Other Expenses$705$2,888-$3,593
Other Expenses$200$2,610$400$3,210
Fees for Services Management$2,750--$2,750
Information Technology$2,083--$2,083
Travel-$1,376-$1,376
Total Functional Expenses$632,143$206,882$56,561$895,586

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$895,586
Expenses per Audited Statements$798,628
Total Expenses per Audited Statements$798,628
Expenses Not Reported on Financial Statements$96,958
Other Expense Adjustments$96,958
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ywca of MankatoMankato, MN501(c)(3)Program Assistance$77,008
Minnesota State University FoundationMankato, MN501(c)(3)Program Assistance / Scholarships$55,992
Childrens Museum of Southern MnMankato, MN501(c)(3)Program Assistance$27,000
Mankato Area Public Schools Isd 77Mankato, MNPublic SchoolConnecting Kids Program$18,000
Feeding Our Communities PartnersMankato, MN501(c)(3)Program Assistance$16,250
Vine Faith in ActionMankato, MN501(c)(3)Program Assistance$14,000
Colorado State University FoundationFt Collins, CO501(c)(3)Scholarships$11,500
Junior AchievementMankato, MN501(c)(3)Program Assistance$11,100
Educare FoundationMankato, MN501(c)(3)Program Assistance$10,000
Gustavus Adolphus CollegeSt Peter, MN501(c)(3)Nobel Conference$10,000
Lake Crystal Area Recreation CenterLake Crystal, MN501(c)(3)Program Assistance$8,000
Twin Rivers Council for the ArtsMankato, MN501(c)(3)Program Assistance$7,500
South Central College FoundationMankato, MN501(c)(3)Scholarships$6,500
City Center PartnershipMankato, MN501(c)(6)Program Assistance$6,000
Greater Mankato Diversity CouncilMankato, MN501(c)(3)Program Assistance$5,000
Leep Inc (leisure Education for Exceptional People)Mankato, MN501(c)(3)Technology Upgrade$5,000
Lifeworks Services IncEagan, MN501(c)(3)Program Assistance$5,000
Mankato Symphony OrchestraMankato, MN501(c)(3)Program Assistance$5,000
Mayo Clinic Health System - MankatoMankato, MN501(c)(3)Program Assistance$5,000
Mrci WorksourceMankato, MN501(c)(3)Program Assistance$5,000
Spare KeyMinneapolis, MN501(c)(3)Program Assistance$5,000
Twin Valley Council Inc Boy Scouts of AmericaMankato, MN501(c)(3)Program Assistance$5,000
Waseca-lesueur Regional Library SystemWaseca, MN501(c)(3)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
Other Liabilities$9,229
Payroll Liabilities$8,344
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 e-filing to receive approval to file.

Form 990, Part VI, Section B, line 12C

Written document requested from all directors at annual meeting per the internal policy was followed.

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

The executive committee acts as personnel committee to determine compensation. Information is provided to board for approval as part of annual budget. From the compensation study done by the Minnesota Council on NonProfits along with comparison to similar community foundations in the state, 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 via electronic submission. Currently the website provides a copy of the 990 return, other information regarding the organization and annual report.

Filing and Contact Details

Filer

Filer Name
Mankato Area Foundation
EIN
41-0011094
Phone
5073894583
Address
127 South Second Street No 100, Mankato, MN 56001

Signing Officer

Name
Randy Farrow
Title
Treasurer
Phone
5073451166
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Karp
Formed
1974
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
50

Preparer

Firm
Abdo Eick & Meyers LLP
Address
100 Warren St Ste 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 96,958. Fundraising expenses 0. Total expenses 96,958. Grant administrative expense: Program service expenses 5,422. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,422.

Part XII, Line 2C

There has been no change in the process from the prior year. Audit report is reviewed and approved by the finance committee; the audit is presented to the full board of directors for approval.

Financial Statement Notes

Part IV, Line 2B:

The foundation acts as a fiscal sponsor for community enrichment projects.

Part V, Line 4:

Earnings from endowment funds are used for community granting to non-profit organizations.

Part X, Line 2:

Mankato Area Foundation (Foundation) 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, LLC maintains exempt status under the the tax exemption of the Foundation since the Foundation is the sole member of MAF Holdings, LLC. 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/Form990PartVIISectionAGrp/PersonNm2JO GUCK BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID WITTENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL KARP
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN KOCH
IRS990/Form990PartVIISectionAGrp/PersonNm6SHANNON GULLICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm7JERRY CREST
IRS990/Form990PartVIISectionAGrp/PersonNm8JIM SANTORI
IRS990/Form990PartVIISectionAGrp/PersonNm9FRED LUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm10LOUISE DICKMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVE JANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12DICK KAKELDEY
IRS990/Form990PartVIISectionAGrp/PersonNm13LYNN SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm14TOM SERNETT
IRS990/Form990PartVIISectionAGrp/PersonNm15KATHY TRAUGER
IRS990/Form990PartVIISectionAGrp/PersonNm16MELANIE VANROEKEL
IRS990/Form990PartVIISectionAGrp/PersonNm17BUSTER WEST
IRS990/Form990PartVIISectionAGrp/PersonNm18NANCY ZALLEK
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
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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/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0101107
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0482450
IRS990/GrantsPayableGrp/EOYAmt0100000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0482450
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0482450
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0101107
IRS990/GrossReceiptsAmt01240714
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02083
IRS990/InformationTechnologyGrp/TotalAmt02083
IRS990/InsuranceGrp/FundraisingAmt0250
IRS990/InsuranceGrp/ManagementAndGeneralAmt03842
IRS990/InsuranceGrp/ProgramServicesAmt01957
IRS990/InsuranceGrp/TotalAmt06049
IRS990/InvestmentExpenseAmt0-31462
IRS990/InvestmentIncomeGrp/ExclusionAmt0210192
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0210192
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09625551
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09352208
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt058965
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0809023
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01272680
IRS990/LandBldgEquipCostOrOtherBssAmt01331645
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 a resource to support philanthropic interests of donors to make a difference in building a strong community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010273945
IRS990/NetAssetsOrFundBalancesEOYAmt010319245
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0101107
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0101107
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-268366
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08139
IRS990/OccupancyGrp/ProgramServicesAmt08500
IRS990/OccupancyGrp/TotalAmt016639
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09997
IRS990/OfficeExpensesGrp/ProgramServicesAmt035
IRS990/OfficeExpensesGrp/TotalAmt010032
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0432827
IRS990/OtherAssetsTotalGrp/EOYAmt0432827
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02200
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03583
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02150
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07933
IRS990/OtherExpensesGrp/Desc0Real Estate Taxes
IRS990/OtherExpensesGrp/Desc1Fund Raising Developmen
IRS990/OtherExpensesGrp/Desc2Repairs & Supplies
IRS990/OtherExpensesGrp/Desc3Board of Dir Expense
IRS990/OtherExpensesGrp/FundraisingAmt012977
IRS990/OtherExpensesGrp/FundraisingAmt1400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02610
IRS990/OtherExpensesGrp/ProgramServicesAmt021274
IRS990/OtherExpensesGrp/ProgramServicesAmt17205
IRS990/OtherExpensesGrp/ProgramServicesAmt2200
IRS990/OtherExpensesGrp/TotalAmt021274
IRS990/OtherExpensesGrp/TotalAmt112977
IRS990/OtherExpensesGrp/TotalAmt27205
IRS990/OtherExpensesGrp/TotalAmt33210
IRS990/OtherLiabilitiesGrp/BOYAmt07351
IRS990/OtherLiabilitiesGrp/EOYAmt017573
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022451
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt021723
IRS990/OtherSalariesAndWagesGrp/TotalAmt048674
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03010
IRS990/PayrollTaxesGrp/ProgramServicesAmt03265
IRS990/PayrollTaxesGrp/TotalAmt08370
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01706578
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02813
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01787
IRS990/PrincipalOfficerNm0Michael Karp
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0Administrative Fees
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108326
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06492317
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0392781
IRS990/PYInvestmentIncomeAmt01012336
IRS990/PYOtherExpensesAmt0215007
IRS990/PYOtherRevenueAmt092021
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt06887105
IRS990/PYSalariesCompEmpBnftPaidAmt0101781
IRS990/PYTotalExpensesAmt0709569
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07596674
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0345128
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0238537
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0375133
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0821089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02803513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0262713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01136396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0642510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05666221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0210192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0191437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt069491
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029914
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0563407
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.47920
IRS990ScheduleA/PublicSupportPY170Pct00.45690
IRS990ScheduleA/PublicSupportTotal170Amt02985536
IRS990ScheduleA/SubstantialContributorsTotAmt02680685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0821089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02803513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0262713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01136396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0642510
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05666221

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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits