Civic Intelligence

Kandi Works Developmental Achievement Center

990 • Fiscal year 2015 • EIN 41-0851047

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 22, 2016

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

46th percentile

0.08x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

48th percentile

0.10x

Higher debt load relative to revenue than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

26th percentile

-5.9%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

24th percentile

-4.4%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

2.2%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,698,243

Down $78,514 (-4.4%) from 2014

Net Assets

Down

$1,563,385

Down $82,874 (-5.0%) from 2014

Liabilities

Up

$134,858

Up $4,360 (+3.3%) from 2014

Revenue

Up

$1,408,488

Up $30,168 (+2.2%) from 2014

Expenses

Up

$1,491,362

Up $26,816 (+1.8%) from 2014

Net Income

Up

-$82,874

Up $3,352 (+3.9%) from 2014

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

2015

Assets$1,698,243
Liabilities$134,858
Net Assets$1,563,385

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

2015

Revenue$1,408,488
Expenses$1,491,362
Net Income-$82,874
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 22, 2016
Return Version
2015v2.1
Gross Receipts
$1,410,988
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$864,150$818,672▼ $45,478
Savings and Temporary Cash Investments$761,267$707,384▼ $53,883
Accounts Receivable$98,212$97,067▼ $1,145
Prepaid Expenses and Deferred Charges$24,354$47,820▲ $23,466
Inventories for Sale or Use$23,577$23,574▼ $3
Intangible Assets$4,602$3,726▼ $876
Total Assets$1,776,757$1,698,243▼ $78,514
Other Assets Total$595--
Liabilities
Accounts Payable and Accrued Expenses$130,498$134,858▲ $4,360
Total Liabilities$130,498$134,858▲ $4,360
Net Assets / Fund Balance
Unrestricted Net Assets$1,646,259$1,563,385▼ $82,874
Total Net Assets Fund Balance$1,646,259$1,563,385▼ $82,874
Total Liabilities and Net Assets / Fund Balance$1,776,757$1,698,243▼ $78,514

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,358,181-$1,358,181
Equipment$-648,895$954,914$306,019
Land$109,386-$109,386
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harlan MadsenChairman
Amy HennesVice Chair
Darlene HolmgrenDirector
Doug AdamsDirector
Rita JacobsonDirector
Mike BurgettSecretary
Sheila EllingboeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$560
Program Service Revenue
$1,399,332
Investment Income
$3,628
Other Revenue
$4,968
All Other Contributions
$560
Change in Net Assets
$-82,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,408,488
Total Revenue per Audited Statements
$1,408,488
Total Revenue per Form 990
$1,408,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,050,015
Other Expenses$441,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$584,317$184,034-$768,351
Payroll Taxes$217,495$64,169-$281,664
Depreciation Depletion$49,615$4,915-$54,530
Occupancy$30,226$4,012-$34,238
All Other Expenses$15,323$4,525-$19,848
Fees for Services Accounting$4,009$13,171-$17,180
Insurance$11,579$2,605-$14,184
Other Expenses$13,558--$13,558
Conferences and Meetings$8,565--$8,565
Office Expenses$243$735-$978
Advertising$890--$890
Total Functional Expenses$1,213,196$278,166$0$1,491,362

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,491,362
Total Expenses per Audited Statements$1,491,362
Total Expenses per Form 990$1,491,362
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
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
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
Chairman
Phone
3203826156
Signed
2016-03-22

Organization Details

Principal Officer
Harlan Madsen
Formed
1976
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
104

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/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014387
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012387
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt053580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01399332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01369671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01589314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01635013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01659996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07653326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt053580
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99300
IRS990ScheduleA/PublicSupportPY509Pct00.99230
IRS990ScheduleA/PublicSupportTotal509Amt07654336
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01399892
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01369721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01589414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01635063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01660246
IRS990ScheduleA/Total509Grp/TotalAmt07654336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01408026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01378071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01599736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01649450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01672633
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07707916
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01358181
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01358181
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-648895
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0954914
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0306019
IRS990ScheduleD/ExpensesSubtotalAmt01491362
IRS990ScheduleD/LandGrp/BookValueAmt0109386
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0109386
IRS990ScheduleD/RevenueSubtotalAmt01408488
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0818672
IRS990ScheduleD/TotalExpensesPerForm990Amt01491362
IRS990ScheduleD/TotalRevenuePerForm990Amt01408488
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01408488
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01491362
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/TotalAssetsBOYAmt01776757
IRS990/TotalAssetsEOYAmt01698243
IRS990/TotalAssetsGrp/BOYAmt01776757
IRS990/TotalAssetsGrp/EOYAmt01698243
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0560
IRS990/TotalEmployeeCnt0104
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0278166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01213196
IRS990/TotalFunctionalExpensesGrp/TotalAmt01491362
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0130498
IRS990/TotalLiabilitiesEOYAmt0134858
IRS990/TotalLiabilitiesGrp/BOYAmt0130498
IRS990/TotalLiabilitiesGrp/EOYAmt0134858
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01646259
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01563385
IRS990/TotalProgramServiceExpensesAmt01213196
IRS990/TotalProgramServiceRevenueAmt01399332
IRS990/TotalRevenueGrp/ExclusionAmt08134
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01399794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01408488
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01776757
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01698243
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01646259
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01563385
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015263 120TH AVE SE
IRS990/USAddress/CityNm0LAKE LILLIAN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056253
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KWDAC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HARLAN MADSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03203826156
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-22
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
ReturnHeader/PreparerPersonGrp/PhoneNum03202353727
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M EUERLE CPA
ReturnHeader/ReturnTs02016-03-23T08:20:37-05:00

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