Civic Intelligence

Scott Carver Dakota Cap Agency Inc

EIN 41-0903890 • 501(c)3 • Shakopee, MN

Profile

Cap agency assists and empowers people to achieve social and economic well-being in partnership with our community.

738 1st Avenue EastShakopee, MN 55379

capagency.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.56x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.31x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

28th percentile

-3.0%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$144,302

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

11th percentile

-9.9%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.3%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,864,405

Down $968,990 (-9.9%) from 2023

Liabilities

Down

$4,971,344

Down $490,978 (-9.0%) from 2023

Net Assets

Down

$3,893,061

Down $478,012 (-11%) from 2023

Revenue

Up

$16,178,086

Up $960,322 (+6.3%) from 2023

Expenses

Up

$16,656,098

Up $1,591,001 (+11%) from 2023

Net Income

Down

-$478,012

Down $630,679 (-413%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $7,756,762Liabilities 2010: $5,339,446Net Assets 2010: $2,417,3162010Assets 2011: $7,041,518Liabilities 2011: $4,731,218Net Assets 2011: $2,310,3002011Assets 2012: $6,530,467Liabilities 2012: $4,406,847Net Assets 2012: $2,123,6202012Assets 2013: $6,247,259Liabilities 2013: $4,190,922Net Assets 2013: $2,056,3372013Assets 2014: $5,882,737Liabilities 2014: $3,845,928Net Assets 2014: $2,036,8092014Assets 2015: $5,785,761Liabilities 2015: $3,582,122Net Assets 2015: $2,203,6392015Assets 2016: $5,610,800Liabilities 2016: $3,120,713Net Assets 2016: $2,490,0872016Assets 2017: $5,978,602Liabilities 2017: $3,152,652Net Assets 2017: $2,825,9502017Assets 2018: $5,539,750Liabilities 2018: $3,076,378Net Assets 2018: $2,463,3722018Assets 2019: $5,366,916Liabilities 2019: $2,602,781Net Assets 2019: $2,764,1352019Assets 2020: $5,483,852Liabilities 2020: $2,277,616Net Assets 2020: $3,206,2362020Assets 2021: $7,282,978Liabilities 2021: $3,319,217Net Assets 2021: $3,963,7612021Assets 2022: $7,727,078Liabilities 2022: $3,508,672Net Assets 2022: $4,218,4062022Assets 2023: $9,833,395Liabilities 2023: $5,462,322Net Assets 2023: $4,371,0732023Assets 2024: $8,864,405Liabilities 2024: $4,971,344Net Assets 2024: $3,893,0612024

Highlighted filing

2024

Assets$8,864,405
Liabilities$4,971,344
Net Assets$3,893,061

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,125,1352010Expenses 2011: $13,135,2282011Expenses 2012: $12,114,8192012Revenue 2013: $11,669,267Expenses 2013: $11,736,550Net Income 2013: -$67,2832013Revenue 2014: $11,455,111Expenses 2014: $11,474,639Net Income 2014: -$19,5282014Revenue 2015: $11,892,876Expenses 2015: $11,726,046Net Income 2015: $166,8302015Revenue 2016: $11,930,535Expenses 2016: $11,644,087Net Income 2016: $286,4482016Revenue 2017: $12,590,761Expenses 2017: $12,254,898Net Income 2017: $335,8632017Revenue 2018: $12,355,029Expenses 2018: $12,717,607Net Income 2018: -$362,5782018Revenue 2019: $13,002,859Expenses 2019: $12,702,096Net Income 2019: $300,7632019Revenue 2020: $14,537,279Expenses 2020: $14,095,178Net Income 2020: $442,1012020Revenue 2021: $17,833,370Expenses 2021: $17,075,845Net Income 2021: $757,5252021Revenue 2022: $13,993,715Expenses 2022: $13,739,070Net Income 2022: $254,6452022Revenue 2023: $15,217,764Expenses 2023: $15,065,097Net Income 2023: $152,6672023Revenue 2024: $16,178,086Expenses 2024: $16,656,098Net Income 2024: -$478,0122024

Highlighted filing

2024

Revenue$16,178,086
Expenses$16,656,098
Net Income-$478,012

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$4.97$3.89$16.2$16.7$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.83$5.46$4.37$15.2$15.1$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.73$3.51$4.22$14.0$13.7$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.28$3.32$3.96$17.8$17.1$0.76
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.48$2.28$3.21$14.5$14.1$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$2.60$2.76$13.0$12.7$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$3.08$2.46$12.4$12.7$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.98$3.15$2.83$12.6$12.3$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.61$3.12$2.49$11.9$11.6$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$3.58$2.20$11.9$11.7$0.17
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.88$3.85$2.04$11.5$11.5$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.25$4.19$2.06$11.7$11.7$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$4.41$2.12$12.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$4.73$2.31$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.76$5.34$2.42$13.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 29, 2025
Return Version
2023v6.0
Gross Receipts
$16,222,643
Mission and Program Overview

Mission

The mission of scott-carver-dakota cap agency, inc. Is to assist and empower people to achieve social and economic well-being by providing services in partnership with our communities.

Cap agency assists and empowers people to achieve social and economic well-being in partnership with our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,998,386$4,782,167▼ $216,219
Pledges and Grants Receivable$2,797,670$1,813,730▼ $983,940
Cash and Non-Interest-Bearing Accounts$2,204$296,826▲ $294,622
Prepaid Expenses and Deferred Charges$42,683$60,029▲ $17,346
Savings and Temporary Cash Investments$24,610$24,618▲ $8
Accounts Receivable$27,144$1,909▼ $25,235
Total Assets$9,833,395$8,864,405▼ $968,990
Other Assets Total$1,940,698$1,885,126▼ $55,572
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,703,618$2,627,059▼ $76,559
Other Liabilities$1,969,757$1,932,655▼ $37,102
Accounts Payable and Accrued Expenses$582,119$389,125▼ $192,994
Escrow Account Liability$10,493$14,705▲ $4,212
Deferred Revenue$196,335$7,800▼ $188,535
Total Liabilities$5,462,322$4,971,344▼ $490,978
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,223,530$3,629,746▼ $593,784
Net Assets With Donor Restrictions$147,543$263,315▲ $115,772
Total Net Assets Fund Balance$4,371,073$3,893,061▼ $478,012
Total Liabilities and Net Assets / Fund Balance$9,833,395$8,864,405▼ $968,990

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,671,127$2,073,680$5,744,807
Land$801,214-$801,214
Equipment$230,454$563,557$794,011
Other Land Buildings$79,372-$79,372
Other Assets Org$1,885,126--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff HansenExecutive DirectorFT$139,927$4,375$144,302
Jackie LaraAssociate Executive DirectorFT$100,064$4,637$104,701
Brenda ClarkDirector of Finance & CFO (thru 06/24)FT$87,717$385$88,102

Board Members and Trustees

NameTitle
Sachin IsaacsChair
Amanda SchuhVice Chair
Barb Weckman BrekkeBoard Member
Betty AllenBoard Member
Cyndy MildaBoard Member
Ellie KrugBoard Member
Gayle DeglerBoard Member
Jason EilolaBoard Member
Jennifer HauwillerBoard Member
Mary RosarioBoard Member
Richard ScottBoard Member
Ryan HentgesBoard Member
Allison RetterathBoard Member (thru 06/24)
Lillian SomuahBoard Member (thru 06/24)
Neyva NavaBoard Member (thru 06/24)
Amy DonaldsonBoard Member (thru 11/23)
Darin NelsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Trio Community Meals LLCFood Service300 S TRYON ST STE 400, Charlotte, NC 28202$833,531
Robert Half Management ResourcesProfessional Contract StaffingPO BOX 742992, Los Angeles, CA 90074-3295$255,629
Craig And Julie MurphyProfessional Advertising, Marketing, Dev1300 NE GODWARD STREET, Minneapolis, MN 55413$246,180
Marco Technologies LLCProfessional Information Technology ServPO BOX 1450, Minneapolis, MN 55485-7128$175,269
Revenue and Support

Revenue Composition

Contributions and Grants
$14,606,513
Program Service Revenue
$1,288,605
Investment Income
$1,500
Other Revenue
$281,468
All Other Contributions
$2,544,688
Change in Net Assets
$-478,012

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1,609,017$1,609,017$1 PER LB VALUE
Other Non Cash Contri Table1,970$197,016Fair Market Value (FMV)
Total Noncash Contributions1,610,987$1,806,033-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,178,086
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$44,557
Total Revenue per Audited Statements
$16,222,643
Total Revenue per Form 990
$16,178,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,476,687
Grants and Similar Amounts Paid$6,619,405
Other Expenses$2,560,006
Total Fundraising Expense$249,308
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$6,619,405--$6,619,405
Other Salaries and Wages$4,478,982$1,111,623$157,638$5,748,243
Other Employee Benefits$694,767$228,757$14,926$938,450
Fees for Services Other$350,431$520,103$16,013$886,547
Payroll Taxes$318,701$104,941$6,847$430,489
Depreciation Depletion$133,016$162,575-$295,591
Office Expenses$114,682$168,425$1,787$284,894
Current Officers, Directors, Trustees, and Key Employees$116,203$116,203-$232,406
Insurance$99,840$122,027-$221,867
Information Technology$159,213--$159,213
Pension Plan Contributions$95,229$29,774$2,096$127,099
Travel$48,215$50,319$20$98,554
Occupancy$37,386$43,299-$80,685
Fees for Services Accounting-$40,208-$40,208
Other Expenses$11,520$189,204$14,739$11,520
Conferences and Meetings$6,568--$6,568
Fees for Services Legal-$4,254-$4,254
Advertising$1,594--$1,594
All Other Expenses--$1,124$1,124
Total Functional Expenses$13,323,746$3,083,044$249,308$16,656,098

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,700,655
Expenses per Audited Statements$16,656,098
Total Expenses per Form 990$16,656,098
Expenses Not Reported on Form 990$44,557
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,557
Fundraising Gross Income$36,272
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Build a Better Future$51,574$36,272$36,802$-530
Total Events$51,574$36,272$44,557$-8,285
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,932,655
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 4

The number of board members went from 18 to 15.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the finance committee and then recommended for approval to the board of directors prior to filing with the irs.

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

Board members and key employees annually sign a conflict of interest form that describes potential conflicts. Board members are obligated to disclose any conflict or potential conflict of interest involving any issue presented at the board meeting for a vote; members shall abstain, where appropriate, from voting on any action involving such issue.

Form 990, Part VI, Section B, Line 15

Key employee compensation is determined through market surveys and comparisons to industry benchmarks. Market surveys are done every 2 years and are based on cap annual revenues. A survey was done in 2022. The board uses this information to review and approve the annual salary of the executive director during their formal performance review.

Form 990, Part VI, Section C, Line 19

Annual financial information is included in the annual report which is available on the agency's website. Governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Scott Carver Dakota Cap Agency Inc
EIN
41-0903890
Phone
9524962125
Address
738 1ST AVENUE EAST, SHAKOPEE, MN 55379

Signing Officer

Name
Darin Nelson
Title
Treasurer
Phone
9524962125
Signed
2025-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Hansen
Formed
1965
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
202
Volunteers
650

Preparer

Firm
Wipfli Llp
Address
2501 W BELTLINE HWY STE 501, MADISON, WI 53713
Preparer
Quinn Dugan
Phone
6082741980
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The organization acts as a fiscal agent to manage activities on behalf of one other organization. The cash held is a liability, and the revenue and expenses are excluded from the organization's statement of activities. The balance in funds held for others as of september 30, 2024 was $14,705.

PART X, LINE 2:

The organization is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The organization has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 44,557.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 44,557.

Raw XML AppendixShowing 400 of 737 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER (THRU 06/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER (THRU 06/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt19ASSOCIATE EXECUTIVE DIRECTOR
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IRS990/GrantToRelatedPersonInd00
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/BusinessCd2624210
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING PROGRAM REVENUE

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