Civic Intelligence

Needlework Guild of Minnesota

990EZ • Fiscal year 2019 • EIN 41-1366259

Jun 01, 2018 to May 31, 2019 • Filed on Sep 27, 2019

PO Box 16506St Louis Park, MN 55416

(314) 973-6845

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

43rd percentile

-0.8%

Faster asset growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-9.7%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$101,949

Down $850 (-0.8%) from 2018

Net Assets

Down

$101,949

Down $850 (-0.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$96,079

Down $10,319 (-9.7%) from 2018

Expenses

Up

$96,929

Up $2,359 (+2.5%) from 2018

Net Income

Down

-$850

Down $12,678 (-107%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $73,351Net Assets 2011: $73,3512011Assets 2012: $83,610Liabilities 2012: $02012Assets 2013: $82,507Liabilities 2013: $02013Assets 2014: $88,088Liabilities 2014: $0Net Assets 2014: $88,0882014Assets 2015: $92,921Liabilities 2015: $0Net Assets 2015: $92,9212015Assets 2016: $89,005Liabilities 2016: $0Net Assets 2016: $89,0052016Assets 2017: $90,971Liabilities 2017: $0Net Assets 2017: $90,9712017Assets 2018: $102,799Liabilities 2018: $0Net Assets 2018: $102,7992018Assets 2019: $101,949Liabilities 2019: $0Net Assets 2019: $101,9492019Assets 2020: $39,179Liabilities 2020: $0Net Assets 2020: $39,1792020Assets 2021: $38,098Liabilities 2021: $0Net Assets 2021: $38,0982021Assets 2022: $115,656Liabilities 2022: $0Net Assets 2022: $115,6562022Assets 2023: $104,508Liabilities 2023: $0Net Assets 2023: $104,5082023Assets 2024: $107,837Liabilities 2024: $0Net Assets 2024: $107,8372024Assets 2025: $107,930Liabilities 2025: $0Net Assets 2025: $107,9302025

Highlighted filing

2019

Assets$101,949
Liabilities$0
Net Assets$101,949

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $6,197Expenses 2011: $8,524Net Income 2011: -$2,3272011Revenue 2012: $18,293Expenses 2012: $8,035Net Income 2012: $10,2582012Revenue 2013: $6,475Expenses 2013: $7,577Net Income 2013: -$1,1022013Revenue 2014: $14,435Expenses 2014: $8,856Net Income 2014: $5,5792014Revenue 2015: $84,026Expenses 2015: $79,193Net Income 2015: $4,8332015Revenue 2016: $87,983Expenses 2016: $91,902Net Income 2016: -$3,9192016Revenue 2017: $92,139Expenses 2017: $90,165Net Income 2017: $1,9742017Revenue 2018: $106,398Expenses 2018: $94,570Net Income 2018: $11,8282018Revenue 2019: $96,079Expenses 2019: $96,929Net Income 2019: -$8502019Revenue 2020: $24,888Expenses 2020: $87,658Net Income 2020: -$62,7702020Revenue 2021: $12,581Expenses 2021: $13,662Net Income 2021: -$1,0812021Revenue 2022: $101,084Expenses 2022: $23,526Net Income 2022: $77,5582022Revenue 2023: $79,236Expenses 2023: $90,384Net Income 2023: -$11,1482023Revenue 2024: $89,858Expenses 2024: $86,529Net Income 2024: $3,3292024Revenue 2025: $66,486Expenses 2025: $66,393Net Income 2025: $932025

Highlighted filing

2019

Revenue$96,079
Expenses$96,929
Net Income-$850
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Sep 27, 2019
Return Version
2018v3.1
Gross Receipts
$96,079
Mission and Program Overview

Mission

The needlework guild of minnesota is an educatinal organization devoted to the art of needlework.

The needlework guild of minnesota is an educational organization devoted to the art of needlework.

Program Services

DescriptionGrantsExpenses
THE NEEDLEWORK GUILD OF MINNESOTA IS AN EDUCATIONAL ORGANIZATION DEVOTED TO THE ART OF NEEDLEWORK. MEMBERS OF THE GUILD ARE INVOLVED IN TEACHING NEEDLEWORK TO ADULTS AT MEETINGS AND THROUGH COMMUNITY OUTREACH PROGRAMS IN THE AREA. IN ADDITION THEY ALSO DEMONSTATE AND DISPLAY A VARIETY OF NEEDLEWORK AT THE MINNESOTA STATE FAIR AND TEXTILE CENTER OF MINNESOTA.-$95,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BEUSENPresident-$0--
ELAINE MAGNANVice Preside-$0--
CARRIE HANCOCKVice Preside-$0--
THERESA PIETENPOLSecretary-$0--
MARIE ZACZKOWSKITreasurer-$0--
JANICE STARKTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Needlework Guild of Minnesota
EIN
41-1366259
Phone
3149736845
Address
PO BOX 16506, ST LOUIS PARK, MN 55416

Signing Officer

Name
Denise Beusen
Title
President
Signed
2019-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Nelson Cpas LLC
Address
100 BRIDGEPOINT DRIVE STE 120, SOUTH SAINT PAUL, MN 55075
Preparer
Geoffrey Luckmann
Phone
6514554621
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Retreats paypal fees 1,084 presenter(teacher) travel 1,476 presenter(teacher) meals 40 goody bags 2,200 miscellaneous 261 vendors night 773 cost of goods sold 6,376 workshops cost of goods sold 24,625 special interest groups special interest expense 668 annual meeting social expense 991 expenses website 308 accounting software 210 insurance 495 board expense 72 library books 126 prize ribbons 36 dues and memberships 125 scholarships and memorial 820 membership expense 73 general fund expenses 2,851 paypal fees 173 total 43,783

Form 990-ez, Part III

The needlework guild of minnesota is an educational organization devoted to the art of needlework.

Form 990-ez, Part III, Line 28

The needlework guild of minnesota is an educational organization devoted to the art of needlework. Members of the guild are involved in teaching needlework to adults at meetings and through community outreach programs in the area. In addition they also demonstate and display a variety of needlework at the minnesota state fair and textile center of minnesota.

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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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IRS990EZ/OtherExpensesTotalAmt043783
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETREATS PAYPAL FEES 1,084 PRESENTER(TEACHER) TRAVEL 1,476 PRESENTER(TEACHER) MEALS 40 GOODY BAGS 2,200 MISCELLANEOUS 261 VENDORS NIGHT 773 COST OF GOODS SOLD 6,376 WORKSHOPS COST OF GOODS SOLD 24,625 SPECIAL INTEREST GROUPS SPECIAL INTEREST EXPENSE 668 ANNUAL MEETING SOCIAL EXPENSE 991 EXPENSES WEBSITE 308 ACCOUNTING SOFTWARE 210 INSURANCE 495 BOARD EXPENSE 72 LIBRARY BOOKS 126 PRIZE RIBBONS 36 DUES AND MEMBERSHIPS 125 SCHOLARSHIPS AND MEMORIAL 820 MEMBERSHIP EXPENSE 73 GENERAL FUND EXPENSES 2,851 PAYPAL FEES 173 TOTAL 43,783
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NEEDLEWORK GUILD OF MINNESOTA IS AN EDUCATIONAL ORGANIZATION DEVOTED TO THE ART OF NEEDLEWORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE NEEDLEWORK GUILD OF MINNESOTA IS AN EDUCATIONAL ORGANIZATION DEVOTED TO THE ART OF NEEDLEWORK. MEMBERS OF THE GUILD ARE INVOLVED IN TEACHING NEEDLEWORK TO ADULTS AT MEETINGS AND THROUGH COMMUNITY OUTREACH PROGRAMS IN THE AREA. IN ADDITION THEY ALSO DEMONSTATE AND DISPLAY A VARIETY OF NEEDLEWORK AT THE MINNESOTA STATE FAIR AND TEXTILE CENTER OF MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.66$0.66$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.90$0.87$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.79$0.90$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.01$0.24$0.78
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.13$0.14$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.25$0.88$0.63
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.96$0.97$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.06$0.95$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.92$0.90$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.88$0.92$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.84$0.79$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.14$0.09$0.06
2013Summary only. Only limited summary data is available for this year.$0.83$0.00$0.06$0.08$0.01
2012Summary only. Only limited summary data is available for this year.$0.84$0.00$0.18$0.08$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.73$0.06$0.09$0.02