Civic Intelligence

Cronin Homes Inc.

990PF • Fiscal year 2019 • EIN 41-1373902

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

825 West Silver Lake Drive NERochester, MN 55906

(507) 282-1204

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.11x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.09x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Net Margin

26th percentile

-9.0%

Higher net margin than 26% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$87,791

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2019 filings • $500k-$1M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

Down

$578,993

Down $134,377 (-19%) from 2015

Net Assets

$515,157

No earlier filing loaded for comparison.

Liabilities

Down

$63,836

Down $25,855 (-29%) from 2015

Revenue

Up

$733,477

Up $52,952 (+7.8%) from 2015

Expenses

Up

$799,221

Up $94,437 (+13%) from 2015

Net Income

Down

-$65,744

Down $41,485 (-171%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $829,730Liabilities 2011: $162,1532011Assets 2012: $826,602Liabilities 2012: $123,9292012Assets 2013: $815,498Liabilities 2013: $147,4042013Assets 2014: $737,972Liabilities 2014: $90,0342014Assets 2015: $713,370Liabilities 2015: $89,6912015Assets 2019: $578,993Liabilities 2019: $63,836Net Assets 2019: $515,1572019Assets 2020: $554,713Liabilities 2020: $75,061Net Assets 2020: $479,6522020Assets 2021: $601,159Liabilities 2021: $61,348Net Assets 2021: $539,8112021Assets 2022: $437,422Liabilities 2022: $32,566Net Assets 2022: $404,8562022Assets 2023: $443,203Liabilities 2023: $94,654Net Assets 2023: $348,5492023Assets 2024: $335,113Liabilities 2024: $56,771Net Assets 2024: $278,3422024

Highlighted filing

2019

Assets$578,993
Liabilities$63,836
Net Assets$515,157

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $615,961Expenses 2011: $622,551Net Income 2011: -$6,5902011Revenue 2012: $667,907Expenses 2012: $632,808Net Income 2012: $35,0992012Revenue 2013: $659,601Expenses 2013: $694,180Net Income 2013: -$34,5792013Revenue 2014: $661,247Expenses 2014: $681,403Net Income 2014: -$20,1562014Revenue 2015: $680,525Expenses 2015: $704,784Net Income 2015: -$24,2592015Revenue 2019: $733,477Expenses 2019: $799,221Net Income 2019: -$65,7442019Revenue 2020: $774,091Expenses 2020: $809,596Net Income 2020: -$35,5052020Revenue 2021: $874,328Expenses 2021: $814,169Net Income 2021: $60,1592021Revenue 2022: $681,239Expenses 2022: $816,194Net Income 2022: -$134,9552022Revenue 2023: $757,122Expenses 2023: $813,429Net Income 2023: -$56,3072023Revenue 2024: $791,768Expenses 2024: $861,975Net Income 2024: -$70,2072024

Highlighted filing

2019

Revenue$733,477
Expenses$799,221
Net Income-$65,744
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL FRISCHExecutive DiFT$87,791-$87,791
MICHAEL DAVISPresident-$0--
JENNIFER KIDDVice Preside-$0--
WILLIAM BROOKSDirector-$0--
KEVIN FURRSecretary-$0--
SARAH KIRK-MAASSDirector-$0--
DAVID VANDERHEYDENDirector-$0--
DAN KINZERDirector-$0--
PAT CARLSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Cronin Homes Inc
EIN
41-1373902
Phone
5072821204
Address
825 WEST SILVER LAKE DRIVE NE, ROCHESTER, MN 55906

Signing Officer

Name
Michael Frisch
Title
Executive Director
Phone
5072821204
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Alan C Anderson Chartered CPA
Address
121 14TH STREET NE SUITE B, ROCHESTER, MN 55906
Preparer
Phil D Pagel
Phone
5072883947
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DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt401711
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt412608
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt423174
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt431121
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt441355
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt45262
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt46417
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt47357
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc0NEW BUILDING - 1997
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc1TILE ON 2 ROOMS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc2STORAGE ROOM IMPROVEMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc3STRIPING AND POLISHING TILE FLOOR AND KITCHEN
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc4TILE HALLWAY
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc5LEASHOLD IMPROVEMENTS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc6APPLIANCES
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc7REFRIGERATOR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc8WOOD ARM/CHAIR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc9RESTAURANT EQUIP - SANDRA TRUAX
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc10OFFICE FURNITURE - SCHMIDT GOODMAN
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc11NEW POOL TABLE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc12FENCE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc13SHOWER PROJECT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc14NEW FREEZER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc15MOHAGANY WALL UNIT (DONATED)
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc16PHONE STATION
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc17ELECTRICAL WORK - LOWER OFFICE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc18OFFICE DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc19LIVING ROOM FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc20GAS GRILL
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc21BED FRAMES, MATRESSES & HEADBOARDS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc22CARPET
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc23TILE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc24SNOW BLOWER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc25EMERGENCY LIGHTS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc26ROOF REFINISH
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc27VINYL TILING
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc28CONDENSER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc29WATER HEATER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc30COMPUTERS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc312007 FORD ECONOLINE 350 XLT VAN
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc32RE-KEY DOORS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc33REMODEL RESIDENCE ROOMS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc3432 DRESSERS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc35TILE FLOORING RESIDENCE ROOMS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc36ASHLEY FURNITURE - 2 TABLES, 2 SOFAS, 4 LOVE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc37SHOWER REMODEL
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc38KITCHEN A/C UNIT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc39FRONT FENCE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc40SECURITY CAMERAS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc41UNDERCOUNTER DISHWASHER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc42AC & FURNACE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc43DINING ROOM FLOORING
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc44LIVING ROOM FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc45SIMPLICITY SNOW BLOWER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc46COMMERICIAL FRIDGE-TOTAL REST.
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc4713 AC UNITS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc487 AC UNITS
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt03105
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0BAD DEBT RECOVERIES
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1MISCELLANEOUS RECEIPTS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc2SPECIAL EVENT
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt047969
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt1907
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt29756
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/Desc0RESIDENT FEES
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/RelatedOrExemptFunctionIncmAmt0663186
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt03105
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt0721818
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0724923
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt011690
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt011690
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstAdjNetIncmAmt087791
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt087791
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt08554
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnAdjNetIncmAmt048795
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt048795
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-65744
IRS990PF/AnalysisOfRevenueAndExpenses/InterestAdjNetIncmAmt0229
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt03105
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt03105
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt03105
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt0229
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt03105
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyAdjNetIncmAmt020186
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt021427
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt041613
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsAdjNetIncmAmt0312536
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0312536
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt0193244
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt052871
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0246115
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0721818
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0721818
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftAdjNetIncmAmt049272
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt049272
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesAdjNetIncmAmt016
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt016
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0724923
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt0724923
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt074298
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0799221
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt03105
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0733477
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt0724923
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt074298
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0799221
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingAdjNetIncmAmt01164
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt01164
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-65744
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0515157

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