Civic Intelligence

Kandi Works Developmental Achievement Center

990 • Fiscal year 2014 • EIN 41-0851047

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 24, 2015

PO Box 254Kandiyohi, MN 56251

(320) 382-6156

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.09x

Higher debt load relative to revenue than 47% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

25th percentile

-6.3%

Higher net margin than 25% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,776,757

Down $83,323 (-4.5%) from 2013

Net Assets

Down

$1,646,259

Down $86,226 (-5.0%) from 2013

Liabilities

Up

$130,498

Up $2,903 (+2.3%) from 2013

Revenue

Down

$1,378,320

Down $221,416 (-14%) from 2013

Expenses

Down

$1,464,546

Down $75,088 (-4.9%) from 2013

Net Income

Down

-$86,226

Down $146,328 (-243%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,835,306Liabilities 2011: $158,067Net Assets 2011: $1,677,2392011Assets 2012: $1,816,040Liabilities 2012: $143,657Net Assets 2012: $1,672,3832012Assets 2013: $1,860,080Liabilities 2013: $127,595Net Assets 2013: $1,732,4852013Assets 2014: $1,776,757Liabilities 2014: $130,498Net Assets 2014: $1,646,2592014Assets 2015: $1,698,243Liabilities 2015: $134,858Net Assets 2015: $1,563,3852015Assets 2016: $1,618,766Liabilities 2016: $148,303Net Assets 2016: $1,470,4632016Assets 2017: $1,469,923Liabilities 2017: $144,868Net Assets 2017: $1,325,0552017Assets 2018: $1,623,762Liabilities 2018: $323,845Net Assets 2018: $1,299,9172018Assets 2019: $1,525,160Liabilities 2019: $289,116Net Assets 2019: $1,236,0442019Assets 2020: $708,464Liabilities 2020: $93,051Net Assets 2020: $615,4132020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$1,776,757
Liabilities$130,498
Net Assets$1,646,259

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,672,633Expenses 2011: $1,692,280Net Income 2011: -$19,6472011Revenue 2012: $1,649,450Expenses 2012: $1,654,306Net Income 2012: -$4,8562012Revenue 2013: $1,599,736Expenses 2013: $1,539,634Net Income 2013: $60,1022013Revenue 2014: $1,378,320Expenses 2014: $1,464,546Net Income 2014: -$86,2262014Revenue 2015: $1,408,488Expenses 2015: $1,491,362Net Income 2015: -$82,8742015Revenue 2016: $1,497,705Expenses 2016: $1,590,627Net Income 2016: -$92,9222016Revenue 2017: $1,461,895Expenses 2017: $1,607,303Net Income 2017: -$145,4082017Revenue 2018: $1,392,938Expenses 2018: $1,424,127Net Income 2018: -$31,1892018Revenue 2019: $1,340,354Expenses 2019: $1,405,711Net Income 2019: -$65,3572019Revenue 2020: $113,194Expenses 2020: $733,825Net Income 2020: -$620,6312020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2014

Revenue$1,378,320
Expenses$1,464,546
Net Income-$86,226
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 24, 2015
Return Version
2014v5.0
Gross Receipts
$1,381,271
Mission and Program Overview

Mission

Kwdac is dedicated to providing life enhancing and vocational experiences to individuals with development disabilities and related conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$914,774$864,150▼ $50,624
Savings and Temporary Cash Investments$852,029$761,267▼ $90,762
Accounts Receivable$43,924$98,212▲ $54,288
Prepaid Expenses and Deferred Charges$19,068$24,354▲ $5,286
Inventories for Sale or Use$23,796$23,577▼ $219
Intangible Assets$5,479$4,602▼ $877
Cash and Non-Interest-Bearing Accounts$415--
Total Assets$1,860,080$1,776,757▼ $83,323
Other Assets Total$595$595→ $0
Liabilities
Accounts Payable and Accrued Expenses$127,595$130,498▲ $2,903
Total Liabilities$127,595$130,498▲ $2,903
Net Assets / Fund Balance
Unrestricted Net Assets$1,732,485$1,646,259▼ $86,226
Total Net Assets Fund Balance$1,732,485$1,646,259▼ $86,226
Total Liabilities and Net Assets / Fund Balance$1,860,080$1,776,757▼ $83,323

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,360,681-$1,360,681
Equipment$305,732-$305,732
Land$109,386-$109,386
Other Land Buildings$-911,649$911,649-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harlan MadsenPresident
Amy HennesDirector
Darlene HolmgrenDirector
Mike BurgettDirector
Rita JacobsonSecretary
Sheila EllingboeTreasurer
Keith DetlefsenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$1,369,671
Investment Income
$3,107
Other Revenue
$5,492
All Other Contributions
$50
Change in Net Assets
$-86,226

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,378,320
Total Revenue per Audited Statements
$1,378,320
Total Revenue per Form 990
$1,378,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,010,349
Other Expenses$454,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$569,102$180,274-$749,376
Payroll Taxes$198,716$62,257-$260,973
Depreciation Depletion$60,130$4,888-$65,018
Occupancy$34,429$4,684-$39,113
All Other Expenses$17,859$5,275-$23,134
Fees for Services Accounting$4,228$11,651-$15,879
Insurance$11,840$2,446-$14,286
Other Expenses$13,544--$13,544
Conferences and Meetings$8,961--$8,961
Advertising$1,174--$1,174
Office Expenses$216$602-$818
Total Functional Expenses$1,192,469$272,077$0$1,464,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,464,546
Total Expenses per Audited Statements$1,464,546
Total Expenses per Form 990$1,464,546
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The membership is made up of the county commissioners for kandiyohi county.

Form 990, Page 6, Part VI, Line 7A

The commissioners approve the members of the governing board.

Form 990, Page 6, Part VI, Line 7B

Changes in articles of incorporation or bylaws.

Form 990, Page 6, Part VI, Line 11B

Reviewed by the executive director and presented to the full board for approval.

Form 990, Page 6, Part VI, Line 12C

The organization has adopted a conflict of interest policy. Disclosure sta tements are completed by board members and management annually.

Form 990, Page 6, Part VI, Line 15A

The board of directors performs an annual evaluation of the executive director. Compensation is compared to a salary survey that is conducted by a statewide member organization every four years.

Form 990, Page 6, Part VI, Line 19

If they ask we provide them.

Filing and Contact Details

Filer

Filer Name
Kandi Works Dac Inc
EIN
41-0851047
Phone
3203826156
Address
PO BOX 254, KANDIYOHI, MN 56251

Signing Officer

Name
Harlan Madsen
Title
President
Phone
3203826156
Signed
2015-03-24

Organization Details

Principal Officer
Deb Terwisscha
Formed
1976
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
115

Preparer

Firm
Westberg-eischens Pllp
Address
PO BOX 362, WILLMAR, MN 56201-0362
Preparer
David M Euerle CPA
Phone
3202353727
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0661
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014387
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012387
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016538
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt061984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01369671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01589314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01635013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01659996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01782377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08036371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt061984
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99230
IRS990ScheduleA/PublicSupportPY509Pct00.99190
IRS990ScheduleA/PublicSupportTotal509Amt08037032
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01369721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01589414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01635063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01660246
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01782588
IRS990ScheduleA/Total509Grp/TotalAmt08037032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01378071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01599736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01649450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01672633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01799126
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08099016
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01360681
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01360681
IRS990ScheduleD/EquipmentGrp/BookValueAmt0305732
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0305732
IRS990ScheduleD/ExpensesSubtotalAmt01464546
IRS990ScheduleD/LandGrp/BookValueAmt0109386
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0109386
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-911649
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0911649
IRS990ScheduleD/RevenueSubtotalAmt01378320
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0864150
IRS990ScheduleD/TotalExpensesPerForm990Amt01464546
IRS990ScheduleD/TotalRevenuePerForm990Amt01378320
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01378320
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01464546
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP IS MADE UP OF THE COUNTY COMMISSIONERS FOR KANDIYOHI COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMISSIONERS APPROVE THE MEMBERS OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES IN ARTICLES OF INCORPORATION OR BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY THE EXECUTIVE DIRECTOR AND PRESENTED TO THE FULL BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY. DISCLOSURE STA TEMENTS ARE COMPLETED BY BOARD MEMBERS AND MANAGEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR. COMPENSATION IS COMPARED TO A SALARY SURVEY THAT IS CONDUCTED BY A STATEWIDE MEMBER ORGANIZATION EVERY FOUR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IF THEY ASK WE PROVIDE THEM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01860080
IRS990/TotalAssetsEOYAmt01776757
IRS990/TotalAssetsGrp/BOYAmt01860080
IRS990/TotalAssetsGrp/EOYAmt01776757
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt050
IRS990/TotalEmployeeCnt0115
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0272077
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01192469
IRS990/TotalFunctionalExpensesGrp/TotalAmt01464546
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0127595
IRS990/TotalLiabilitiesEOYAmt0130498
IRS990/TotalLiabilitiesGrp/BOYAmt0127595
IRS990/TotalLiabilitiesGrp/EOYAmt0130498
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01732485
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01646259
IRS990/TotalProgramServiceExpensesAmt01192469
IRS990/TotalProgramServiceRevenueAmt01369671
IRS990/TotalRevenueGrp/ExclusionAmt08350
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01369920
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01378320
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01860080
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01776757
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01732485
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01646259
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 254
IRS990/USAddress/CityNm0KANDIYOHI
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056251
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KWDAC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HARLAN MADSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03203826156
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANDI WORKS DAC INC
ReturnHeader/Filer/BusinessNameControlTxt0KAND
ReturnHeader/Filer/EIN0410851047
ReturnHeader/Filer/PhoneNum03203826156
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 254
ReturnHeader/Filer/USAddress/CityNm0KANDIYOHI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056251
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411792388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESTBERG-EISCHENS PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 362
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLMAR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0562010362

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