Civic Intelligence

Mankato Area Foundation

990T • Fiscal year 2021 • EIN 41-0011094

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 24, 2022

Organization ProfileWWW.MANKATOAREAFOUNDATION.COM
212 E Walnut St No 1Mankato, MN 56001

(507) 389-4583

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

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No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

Latest loaded filing

2024

Assets$34,424,338
Liabilities$4,537,493
Net Assets$29,886,845
Open 2024 Filing

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

Latest loaded filing

2024

Revenue$7,145,681
Expenses$5,277,240
Net Income$1,868,441
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 24, 2022
Return Version
2020v1.3
Mission and Program Overview

Mission

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

Filing and Contact Details

Filer

Filer Name
Mankato Area Foundation
EIN
41-0011094
Phone
5073894583
Address
212 E Walnut St No 1, Mankato, MN 56001

Signing Officer

Name
Kristin Weeks Duncanson
Title
Chair
Phone
5073894583
Signed
2022-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Raw XML Appendix103 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS4562/BusinessOrActivityTxt0Vehicle charging station.
IRS4562/MaximumDollarLimitationAmt01040000
IRS4562/OtherDepreciationAmt04264
IRS4562/ThresholdCostOfSect179PropAmt02590000
IRS4562/TotalDepreciationAmt04264
IRS990T/BooksInCareOfDetail/PersonNm0Nancy Zallek
IRS990T/BooksInCareOfDetail/PhoneNum05073894583
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0212 E Walnut St Suite 1
IRS990T/BooksInCareOfDetail/USAddress/CityNm0Mankato
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd056001
IRS990T/BookValueAssetsEOYAmt027550906
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/AdditionalSection263ACostsAmt00
IRS990TScheduleA/BeginningOfYearInventoryAmt00
IRS990TScheduleA/CostOfGoodsSoldAmt03447
IRS990TScheduleA/CostOfLaborAmt00
IRS990TScheduleA/DepreciationNetAmt04264
IRS990TScheduleA/EndOfYearInventoryAmt00
IRS990TScheduleA/GrossProfitAmt0-1070
IRS990TScheduleA/GrossReceiptsOrSalesAmt02377
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt02377
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/OtherCostsAmt03447
IRS990TScheduleA/PrincipalBusinessActivityCd0221000
IRS990TScheduleA/PurchasesAmt00
IRS990TScheduleA/Section263ARulesApplyInd00
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCostGoodsSoldAmt03447
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt04264
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDepreciationAmt04264
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-1070
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-1070
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0Vehicle charging station.
IRS990TScheduleA/UBIBeforeNOLDedAmt0-5334
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-5334
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-5334
IRS990T/TotalUBTIBeforeSection199AAmt0-5334
IRS990T/TotalUBTIComputedAmt0-5334
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristin Weeks Duncanson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum05073894583
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mankato Area Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MANK
ReturnHeader/Filer/EIN0410011094
ReturnHeader/Filer/PhoneNum05073894583
ReturnHeader/Filer/USAddress/AddressLine1Txt0212 E Walnut St No 1
ReturnHeader/Filer/USAddress/CityNm0Mankato
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 Nicollet Mall Ste 1300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554027033
ReturnHeader/PreparerPersonGrp/PhoneNum06122536500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deb Nelson CPA
ReturnHeader/ReturnTs02022-03-25T07:01:56-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kristin
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Weeks Duncanson
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
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Net assets
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Revenue
-
Expenses
-
Net income
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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
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
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