Civic Intelligence

Functional Industries Inc.

990 • Fiscal year 2012 • EIN 41-1223547

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 08, 2012

PO Box 336 Hwy 25 N55313
Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

71st percentile

8.1%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$7,317,462

Up $546,101 (+8.1%) from 2011

Net Assets

Up

$7,048,686

Up $614,317 (+9.5%) from 2011

Liabilities

Down

$268,776

Down $68,216 (-20%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$5,060,548

Up $114,091 (+2.3%) from 2011

Net Income

-

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.

$15M$10M$5.0M$0Assets 2011: $6,771,361Liabilities 2011: $336,992Net Assets 2011: $6,434,3692011Assets 2012: $7,317,462Liabilities 2012: $268,776Net Assets 2012: $7,048,6862012Assets 2013: $7,577,644Liabilities 2013: $205,203Net Assets 2013: $7,372,4412013Assets 2014: $8,082,484Liabilities 2014: $241,822Net Assets 2014: $7,840,6622014Assets 2015: $8,808,650Liabilities 2015: $312,947Net Assets 2015: $8,495,7032015Assets 2016: $9,230,908Liabilities 2016: $315,559Net Assets 2016: $8,915,3492016Assets 2017: $9,384,674Liabilities 2017: $313,892Net Assets 2017: $9,070,7822017Assets 2018: $9,901,469Liabilities 2018: $366,229Net Assets 2018: $9,535,2402018Assets 2019: $10,583,178Liabilities 2019: $343,835Net Assets 2019: $10,239,3432019Assets 2020: $10,853,837Liabilities 2020: $472,408Net Assets 2020: $10,381,4292020Assets 2021: $11,385,680Liabilities 2021: $471,074Net Assets 2021: $10,914,6062021Assets 2022: $11,618,869Liabilities 2022: $519,421Net Assets 2022: $11,099,4482022Assets 2023: $12,233,501Liabilities 2023: $300,151Net Assets 2023: $11,933,3502023

Highlighted filing

2012

Assets$7,317,462
Liabilities$268,776
Net Assets$7,048,686

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,946,4572011Expenses 2012: $5,060,5482012Revenue 2013: $5,533,952Expenses 2013: $5,210,197Net Income 2013: $323,7552013Revenue 2014: $5,822,875Expenses 2014: $5,354,654Net Income 2014: $468,2212014Revenue 2015: $6,316,240Expenses 2015: $5,661,199Net Income 2015: $655,0412015Revenue 2016: $6,509,534Expenses 2016: $6,089,888Net Income 2016: $419,6462016Revenue 2017: $6,056,332Expenses 2017: $5,900,899Net Income 2017: $155,4332017Revenue 2018: $6,128,283Expenses 2018: $5,663,825Net Income 2018: $464,4582018Revenue 2019: $6,181,452Expenses 2019: $5,477,349Net Income 2019: $704,1032019Revenue 2020: $5,555,408Expenses 2020: $5,409,492Net Income 2020: $145,9162020Revenue 2021: $4,905,471Expenses 2021: $4,371,483Net Income 2021: $533,9882021Revenue 2022: $5,508,910Expenses 2022: $5,322,097Net Income 2022: $186,8132022Revenue 2023: $4,877,661Expenses 2023: $5,004,278Net Income 2023: -$126,6172023

Highlighted filing

2012

Revenue-
Expenses$5,060,548
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 8, 2012
Return Version
2011v1.2
Gross Receipts
$5,694,641
Mission and Program Overview

Mission

To create and promote innovative opportunities that reveal the natural potential of each person we serve.

Filing and Contact Details

Filer

EIN
41-1223547
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IRS990/Description0FUNCTIONAL INDUSTRIES, INC. SUCCESSFULLY COMPLETED OUR ENDURING VISION PROJECT WITH FUNDS FROM MN DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED) UTILIZING AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) STIMULUS DOLLARS. THE PRIMARY PURPOSE OF THIS PROJECT WAS TO CREATE AND MAINTAIN JOBS FOR FII STAFF WHILE PLACING INDIVIDUALS WE SERVE AT COMMUNITY JOB SITES.MANUFACTURING SALES REVENUE INCREASED 33% IN FISCAL YEAR 2012 (FROM FY 2011) CREATING ADDITIONAL OPPORTUNITIES FOR REMUNERATIVE WORK FOR INDIVIDUALS WE SERVE.80% OF PARTICIPANTS IN OUR ORGANIZATION EMPLOYMENT SERVICES (OES) PROGRAM INCREASED THEIR EARNINGS.FUNCTIONAL INDUSTRIES, INC. WAS A RECIPIENT OF FUND TOWARD A NEW BUS (80%) THROUGH THE MNDOT 5310 GRANT PROGRAM.
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IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0RODNEY PEDERSON
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg026756
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg064279
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0297188
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/IndependentConsultant0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction072128
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction156103
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0VEHICLE REPAIR SERVICES PERFORMED BY LUNDEEN FORD.

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.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$0.30$11.9$4.88$5.00$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.52$11.1$5.51$5.32$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.47$10.9$4.91$4.37$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.47$10.4$5.56$5.41$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.34$10.2$6.18$5.48$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.90$0.37$9.54$6.13$5.66$0.46
2017Detailed filing. Detailed filing data is available for this year.$9.38$0.31$9.07$6.06$5.90$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$0.32$8.92$6.51$6.09$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.81$0.31$8.50$6.32$5.66$0.66
2014Detailed filing. Detailed filing data is available for this year.$8.08$0.24$7.84$5.82$5.35$0.47
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.58$0.21$7.37$5.53$5.21$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$0.27$7.05$5.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.34$6.43$4.95
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $5M-$10M nonprofits