Civic Intelligence

Cronin Homes Inc.

990PF • Fiscal year 2020 • EIN 41-1373902

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

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

0.14x

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

2020 filings • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.10x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Net Margin

33rd percentile

-4.6%

Higher net margin than 33% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$100,437

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2020 filings • $500k-$1M nonprofits • Source year 2020

Asset Growth

22nd percentile

-4.2%

Faster asset growth than 22% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

63rd percentile

5.5%

Faster revenue growth than 63% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$554,713

Down $24,280 (-4.2%) from 2019

Net Assets

Down

$479,652

Down $35,505 (-6.9%) from 2019

Liabilities

Up

$75,061

Up $11,225 (+18%) from 2019

Revenue

Up

$774,091

Up $40,614 (+5.5%) from 2019

Expenses

Up

$809,596

Up $10,375 (+1.3%) from 2019

Net Income

Up

-$35,505

Up $30,239 (+46%) from 2019

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

2020

Assets$554,713
Liabilities$75,061
Net Assets$479,652

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

2020

Revenue$774,091
Expenses$809,596
Net Income-$35,505
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL FRISCHExecutive DiFT$89,184$11,253$100,437
MICHAEL DAVISPresident-$0--
JENNIFER KIDDVice Preside-$0--
WILLIAM BROOKSDirector-$0--
KEVIN FURRSecretary-$0--
SARAH KIRK-MAASSDirector-$0--
DAVID VANDERHEYDENDirector-$0--
DAN KINZERDirector-$0--
AL FRITSCHEDirector-$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
2021-11-15
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/PriorYearDepreciationAmt334928
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt346780
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt358541
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt362175
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt371941
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt38975
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt391306
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt402098
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt413221
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt424444
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt431586
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt441936
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt45405
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt46712
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt472500
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt48207
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
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc49CARPET MENS FLOOR AND STAIRS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc50FREEZER 49 CUBIC FEET
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt03689
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0BAD DEBT RECOVERIES
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1MISCELLANEOUS RECEIPTS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt039777
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt1723
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/Desc0RESIDENT FEES
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/RelatedOrExemptFunctionIncmAmt0640578
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt03689
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt0681078
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0684767
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt011445
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt011445
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstAdjNetIncmAmt089184
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt089184
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt089324
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnAdjNetIncmAmt049678
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt049678
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-35505
IRS990PF/AnalysisOfRevenueAndExpenses/InterestAdjNetIncmAmt0282
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt0282
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyAdjNetIncmAmt014528
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt021983
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt036511
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsAdjNetIncmAmt0356473
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0356473
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt0109723
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0102846
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0212569
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0681078
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0681078
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftAdjNetIncmAmt052942
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt052942
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0684767
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt0684767
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0124829
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0809596
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0774091
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt0684767
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0124829
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0809596

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