Civic Intelligence

Minnesota 4-H Foundation

990 • Fiscal year 2016 • EIN 41-1408161

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 21, 2016

9 Coffey Hall 1420 Eckles AveSt Paul, MN 55108

(612) 624-7971

Siviq Scores

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

Liabilities / Assets

58th percentile

0.31x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

3.23x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

9th percentile

-32%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

44th percentile

0.7%

Faster asset growth than 44% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$10,007,214

Up $70,494 (+0.7%) from 2015

Net Assets

Down

$6,880,679

Down $311,866 (-4.3%) from 2015

Liabilities

Up

$3,126,535

Up $382,360 (+14%) from 2015

Revenue

Down

$969,121

Down $214,345 (-18%) from 2015

Expenses

Up

$1,277,032

Up $443,170 (+53%) from 2015

Net Income

Down

-$307,911

Down $657,515 (-188%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $7,415,209Liabilities 2010: $1,338,795Net Assets 2010: $6,076,4142010Assets 2011: $8,888,770Liabilities 2011: $1,727,093Net Assets 2011: $7,161,6772011Assets 2012: $8,723,245Liabilities 2012: $1,940,650Net Assets 2012: $6,782,5952012Assets 2013: $8,599,909Liabilities 2013: $2,242,410Net Assets 2013: $6,357,4992013Assets 2014: $9,208,178Liabilities 2014: $2,659,896Net Assets 2014: $6,548,2822014Assets 2015: $9,936,720Liabilities 2015: $2,744,175Net Assets 2015: $7,192,5452015Assets 2016: $10,007,214Liabilities 2016: $3,126,535Net Assets 2016: $6,880,6792016Assets 2017: $10,729,100Liabilities 2017: $3,488,966Net Assets 2017: $7,240,1342017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$10,007,214
Liabilities$3,126,535
Net Assets$6,880,679

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,332,6612010Expenses 2011: $1,618,6352011Expenses 2012: $1,262,5692012Revenue 2013: $737,539Expenses 2013: $1,643,602Net Income 2013: -$906,0632013Revenue 2014: $748,681Expenses 2014: $1,172,304Net Income 2014: -$423,6232014Revenue 2015: $1,183,466Expenses 2015: $833,862Net Income 2015: $349,6042015Revenue 2016: $969,121Expenses 2016: $1,277,032Net Income 2016: -$307,9112016Revenue 2017: $995,156Expenses 2017: $1,051,307Net Income 2017: -$56,1512017Revenue 2018: $961,443Expenses 2018: $574,656Net Income 2018: $386,7872018

Highlighted filing

2016

Revenue$969,121
Expenses$1,277,032
Net Income-$307,911
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 21, 2016
Return Version
2015v2.1
Gross Receipts
$1,010,850
Mission and Program Overview

Mission

The minnesota 4-h foundation works with individuals, organizations, and foundations to seek philanthropic contributions in support of the work of minnesota 4-h, a youth development organization for young people between the ages of 5 to 19. The programs of 4-h are open to all young people and are based on a philosophy of experience-based learning.

The Minnesota 4-H Foundation, a 501(c)3 nonprofit, was created in 1981 to generate private funds from individuals, corporations and foundations to assist the University of Minnesota Extension Center for Youth Development in creating and delivering the finest youth development programs in Minnesota. We specifically strive to raise financial support for a variety of 4-H programs at the state level, in each of Minnesota's 87 counties and in partnership with tribal nations. 4-H is open to boys and girls from all backgrounds between the ages of 5- 19. Our goal is to provide all Minnesota young people with opportunities to learn, lead and succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$9,428,317$9,426,576▼ $1,741
Cash and Non-Interest-Bearing Accounts$297,466$374,636▲ $77,170
Savings and Temporary Cash Investments$120,469$98,259▼ $22,210
Pledges and Grants Receivable$28,992$38,732▲ $9,740
Accounts Receivable$26,256$33,481▲ $7,225
Prepaid Expenses and Deferred Charges$20,096$23,724▲ $3,628
Land, Buildings, and Equipment, Net$1,982$793▼ $1,189
Total Assets$9,936,720$10,007,214▲ $70,494
Other Assets Total$13,142$11,013▼ $2,129
Liabilities
Escrow Account Liability$2,616,177$3,007,132▲ $390,955
Accounts Payable and Accrued Expenses$43,046$77,097▲ $34,051
Grants Payable$84,952$42,306▼ $42,646
Total Liabilities$2,744,175$3,126,535▲ $382,360
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,822,346$4,505,437▼ $316,909
Permanently Rstr Net Assets$2,131,318$2,168,104▲ $36,786
Unrestricted Net Assets$238,881$207,138▼ $31,743
Total Net Assets Fund Balance$7,192,545$6,880,679▼ $311,866
Total Liabilities and Net Assets / Fund Balance$9,936,720$10,007,214▲ $70,494

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$793$43,976$44,769
Other Securities$9,426,576--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$5,367,460$60,554▲ $18,752$65,364$5,303,663
2015$5,150,358$131,371▲ $264,975$45,522$5,367,460
2014$4,897,250$25,548▲ $545,279$226,151$5,150,358
2013$4,588,167$61,234▲ $491,104$152,626$4,897,250
2012$4,641,225$87,140▲ $25,018$83,575$4,588,167
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karin O'HaraBoard Member, Chairperson
Will Schultz Board MemberPast Board Chair
Jennifer Arps Board MemberVice Chair of Fund Distribution
Pat Beddor Board MemberVice Chair of Marketing/Comm
Peter Scheffert Board MemberVice Chairperson and Vice Chair of Fund Dev.
Austin SandmeyerBoard Member
Barb LuehmannBoard Member
Beth NeilBoard Member
Beverly DurganBoard Member
Brent HalesBoard Member
Dale MillerBoard Member
Dana BecklerBoard Member
Dorothy McCargo FreemanBoard Member
Ingrid GangestadBoard Member
Kent HorsagerBoard Member
Laurie PumperBoard Member
Malissa Fritz SchentzelBoard Member
Scott PieringBoard Member
Shawn LewisBoard Member
Mary BartzBoard Member, Secretary
Jane JohnsonInterim Executive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
University of Minnesota ExtensionManagement Fees415 Coffey Hall, St Paul, MN 55108$217,527
Revenue and Support

Revenue Composition

Contributions and Grants
$813,843
Program Service Revenue
$0
Investment Income
$106,927
Other Revenue
$48,351
All Other Contributions
$732,840
Change in Net Assets
$-307,911

Audited Revenue Reconciliation

Revenue per Audited Statements
$879,650
Revenue Not Reported on Financial Statements
$89,471
Revenue Not Reported on Form 990
$77,459
Total Revenue per Audited Statements
$957,109
Total Revenue per Form 990
$969,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$827,433
Other Expenses$449,599
Total Fundraising Expense$169,543
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$793,683--$793,683
Fees for Services Management$37,771$69,013$110,743$217,527
Fees for Service Investment Mgmnt Fees-$89,471-$89,471
Fees for Services Accounting-$58,997$935$59,932
Grants to Domestic Individuals$33,750--$33,750
Office Expenses$933$1,527$27,840$30,300
Information Technology$1,684$6,735$8,419$16,838
Advertising$172-$13,398$13,570
Occupancy$1,681$4,268$6,985$12,934
Insurance-$2,554-$2,554
Depreciation Depletion$119$476$594$1,189
Other Expenses$168$1,658$38$38
Total Functional Expenses$870,009$237,480$169,543$1,277,032

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,277,032
Total Expenses per Audited Statements$1,268,975
Expenses per Audited Statements$1,187,561
Expenses Not Reported on Financial Statements$89,471
Expenses Not Reported on Form 990$81,414
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Washington Co 4-H FederationStillwater, MN501(c)(3)Program support$286,157
University of Minnesota Extension CenterSt Paul, MN501(c)(3)Program support$264,278
Renville CountyOlivia, MN501(c)(3)Program Support$32,610
Martin County 4-H FederationFairmont, MN501(c)(3)Program support$22,174
Wright Co 4-H Leaders CouncilBuffalo, MN501(c)(3)Program support$14,132
West Ottertail 4-H Leaders CouncilFergus Falls, MN501(c)(3)Program support$14,000
Goodhue Co 4-H FederationRed Wing, MN501(c)(3)Program support$12,988
Traverse County 4-H FederationWheaton, MN501(c)(3)Program support$10,897
Minnesota Livestock Breeders AssociationMarine on St Croix, MN501(c)(3)Program support$10,000
Roseau Co 4-H Leaders CouncilRoseau, MN501(c)(3)Program support$8,251
McCloud Co 4-H FederationHutchinson, MN501(c)(3)Program support$5,145
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$41,729
Fundraising Gross Income$34,510
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$78,499$23,310$1,694$21,616
4-H Celebration$31,325$11,200$2,949$8,251
Total Events$109,824$34,510$41,729$-7,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 B, line 11

The Finance Committee reviews the 990 return with the Board's Executive Committee which accepts the return on behalf of the full board prior to filing. Also, an electronic copy is provided to all board members for their review prior to filing the return.

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

All officers, trustees and key employees complete and sign a conflict of interest disclosure statement annually with the understanding that any changes be brought to the Board's attention immediately.

Form 990, Part VI, Section B, line 15A

The Executive Director and staff of the Minnesota 4-H Foundation are employees of the University of Minnesota Extension. The Foundation reimburses the University of Minnesota Extension for all wages, benefits, and related payroll taxes. All compensation practices for these employees are subject to the compensation policies of the University of Minnesota Extension. Compensation is reviewed by the University of Minnesota Extension and presented to the Board of the Minnesota 4-H Foundation.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Form 990, Part VIII, Line 7B

The Minnesota 4-H Foundation is reporting the realized gain from pooled investment funds held with the University of Minnesota Foundation and not reporting the proceeds and cost basis. The University of Minnesota Foundation does not provide the proceeds and cost basis information related to the realized gains and losses in its pooled investment funds.

Filing and Contact Details

Filer

Filer Name
Minnesota 4-H Foundation
EIN
41-1408161
Phone
6126247971
Address
9 Coffey Hall 1420 Eckles Ave, St Paul, MN 55108

Signing Officer

Name
Jane Johnson
Title
Interim Executive Director
Phone
6126247971
Signed
2016-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Johnson
Formed
1980
Legal Domicile
Mn
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
178

Preparer

Firm
Akins Henke and Company
Address
600 Inwood Avenue North Suite 160, Oakdale, MN 55128
Preparer
Chris Henke
Phone
6516363806
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Net unrealized loss on annuity trusts -2,129.

Financial Statement Notes

Part IV, Line 2B:

The Foundation administers the investments of other 4-H organizations. The Foundation records an asset and corresponding liability for the funds received from the organizations. Any additional deposits, withdrawals, and the net investment income are recorded as an increase or decrease in the asset and liability.

Part V, Line 4:

The Foundation's endowments consist of twenty-four individual funds established to provide for 4-H projects, programs, and scholarships.

Part X, Line 2:

The Foundation is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. U.S. GAAP requires management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Foundation and has concluded that as of June 30, 2016 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

Part XI, Line 2D - Other Adjustments:

Net unrealized loss on annuity trusts -2,129. Event expense 11,865.

Part XII, Line 2D - Other Adjustments:

Event Expense 11,865.

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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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IRS990/Desc0The Minnesota 4-H Foundation works alongside the University of Minnesota Extension Center for Youth Development to sustain and grow 4-H program opportunities around the state. For over 100 years, 4-H programs have intentionally sought to assist young people in developing their health, social, cognitive, and citizenship competencies while participating in voluntary 4-H projects/programs. Since they are active in these programs from elementary into middle school and through high school, research has shown that 4-H'ers are less likely to spend time watching TV or playing video games and are less likely to smoke or consume alcohol or exhibit riskier behavior than their peers. In contrast, 4-H'ers are more likely to be civically active. Annually, over 67,000 Minnesota youth, because of 4-H, enjoy a greater sense of belonging, have quality relationships with their friends and family and are more actively involved in their school and community.We can thank nearly 11,000 screened and trained adult volunteers who assist our youth annually. These volunteers embrace 4-H's research-based, learn-by-doing model and bring their own, rich life experiences to equip youth participants with skills such as problem solving, decision making and communicating - essential for our youth to be successful as students, professionals, and community members. These volunteers, from all walks of life and from all age ranges, are credited with contributing more than 1 million hours of service each year. They partner with 4-H staff to deliver the quality programs for which 4-H is well known (after-school programs, community service, civic engagement and camping programs) and are instrumental in supporting and developing new and innovative program initiatives.According to a study by Tufts University, 4-H youth development programs have a greater impact on the positive development of young people than any other youth program. The study also shows that youth who participate in 4-H are more likely to attend college than their peers. We know that youth involved in 4-H clubs are less likely to spend six or more hours a day watching TV or playing video games and are less likely to smoke, consume alcohol or ride with a driver who was drinking. 4-H participants also report having a greater sense of belonging, quality relationships with their friends, enjoy being with their family and more involvement in their school and community. Because of these outcomes, we are proud to support Minnesota 4-H.Minnesota 4-H's research-based curriculum includes a focus in four major areas in order to ensure positive youth development and quality learning opportunities outside of school:Healthy Living:Healthy living has been a core priority of Minnesota 4-H from its beginning. By supporting the physical, mental and emotional health of our youth, we help them lead healthy and productive lives into adulthood. Programs address such critical issues as childhood obesity, substance abuse and physical safety. The Minnesota 4-H Foundation has supported grants to regional 4-H programs promoting physical activity called STEP; geocaching programs that focus on getting young people out in nature; and a healthy cooking contest for 4-H participants at the Minnesota State Fair.4-H Science:The U.S. is falling behind other nations in developing its future workforce of scientists, engineers and technology experts. Minnesota 4-H's initiative in Science, Technology, Engineering and Math (STEM) helps youth become the next generation of scientists, engineers and technology leaders by actively engaging in programs focused on water quality, robotics, biofuels, wind power, aerospace and wildlife biology. Minnesota 4-H Foundation funding helped establish the 4-H robotics and aquatic robotics programs in Minnesota by providing start up grants for training of youth and volunteers in the project areas. In addition funding was provided to local clubs and counties to be able to purchase robotics equipment to use with
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IRS990/Form990PartVIISectionAGrp/PersonNm0Karin O'Hara
IRS990/Form990PartVIISectionAGrp/PersonNm1Peter Scheffert Board Member
IRS990/Form990PartVIISectionAGrp/PersonNm2Mary Bartz
IRS990/Form990PartVIISectionAGrp/PersonNm3Jennifer Arps Board Member
IRS990/Form990PartVIISectionAGrp/PersonNm4Will Schultz Board Member
IRS990/Form990PartVIISectionAGrp/PersonNm5Pat Beddor Board Member
IRS990/Form990PartVIISectionAGrp/PersonNm6Dana Beckler
IRS990/Form990PartVIISectionAGrp/PersonNm7Shawn Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm8Barb Luehmann
IRS990/Form990PartVIISectionAGrp/PersonNm9Dale Miller
IRS990/Form990PartVIISectionAGrp/PersonNm10Laurie Pumper
IRS990/Form990PartVIISectionAGrp/PersonNm11Beth Neil
IRS990/Form990PartVIISectionAGrp/PersonNm12Ingrid Gangestad
IRS990/Form990PartVIISectionAGrp/PersonNm13Kent Horsager
IRS990/Form990PartVIISectionAGrp/PersonNm14Malissa Fritz Schentzel
IRS990/Form990PartVIISectionAGrp/PersonNm15Dorothy McCargo Freeman
IRS990/Form990PartVIISectionAGrp/PersonNm16Brent Hales
IRS990/Form990PartVIISectionAGrp/PersonNm17Scott Piering
IRS990/Form990PartVIISectionAGrp/PersonNm18Beverly Durgan
IRS990/Form990PartVIISectionAGrp/PersonNm19Austin Sandmeyer
IRS990/Form990PartVIISectionAGrp/PersonNm20Jane Johnson
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member, Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairperson and Vice Chair of Fund Dev.
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member, Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair of Fund Distribution
IRS990/Form990PartVIISectionAGrp/TitleTxt4Past Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair of Marketing/Comm
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Interim Executive Director
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IRS990/MissionDesc0The Minnesota 4-H Foundation, a 501(c)3 nonprofit, was created in 1981 to generate private funds from individuals, corporations and foundations to assist the University of Minnesota Extension Center for Youth Development in creating and delivering the finest youth development programs in Minnesota. We specifically strive to raise financial support for a variety of 4-H programs at the state level, in each of Minnesota's 87 counties and in partnership with tribal nations. 4-H is open to boys and girls from all backgrounds between the ages of 5- 19. Our goal is to provide all Minnesota young people with opportunities to learn, lead and succeed.
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