Civic Intelligence

Eden Prairie Community Foundation

990 • Fiscal year 2019 • EIN 41-1409203

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 20, 2020

8080 Mitchell RoadEden Prairie, MN 55344

(952) 949-8499

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$74,150

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,069,291

Up $97,944 (+10%) from 2018

Net Assets

Up

$1,067,426

Up $98,340 (+10%) from 2018

Liabilities

Down

$1,865

Down $396 (-18%) from 2018

Revenue

Up

$582,267

Up $85,221 (+17%) from 2018

Expenses

Up

$479,634

Up $205,746 (+75%) from 2018

Net Income

Down

$102,633

Down $120,525 (-54%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $397,598Liabilities 2011: $0Net Assets 2011: $397,5982011Assets 2012: $380,230Liabilities 2012: $2,6152012Assets 2013: $421,140Liabilities 2013: $2,7752013Assets 2014: $478,709Liabilities 2014: $1,797Net Assets 2014: $476,9122014Assets 2015: $592,679Liabilities 2015: $2,720Net Assets 2015: $589,9592015Assets 2016: $637,898Liabilities 2016: $5,409Net Assets 2016: $632,4892016Assets 2017: $733,558Liabilities 2017: $1,422Net Assets 2017: $732,1362017Assets 2018: $971,347Liabilities 2018: $2,261Net Assets 2018: $969,0862018Assets 2019: $1,069,291Liabilities 2019: $1,865Net Assets 2019: $1,067,4262019Assets 2020: $1,156,946Liabilities 2020: $17,144Net Assets 2020: $1,139,8022020Assets 2021: $1,778,615Liabilities 2021: $18,679Net Assets 2021: $1,759,9362021Assets 2022: $1,560,931Liabilities 2022: $9,487Net Assets 2022: $1,551,4442022Assets 2023: $1,636,200Liabilities 2023: $4,165Net Assets 2023: $1,632,0352023Assets 2024: $1,977,756Liabilities 2024: $3,319Net Assets 2024: $1,974,4372024

Highlighted filing

2019

Assets$1,069,291
Liabilities$1,865
Net Assets$1,067,426

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $88,557Expenses 2011: $75,868Net Income 2011: $12,6892011Revenue 2012: $60,181Expenses 2012: $80,164Net Income 2012: -$19,9832012Revenue 2013: $116,807Expenses 2013: $76,057Net Income 2013: $40,7502013Revenue 2014: $181,471Expenses 2014: $122,924Net Income 2014: $58,5472014Revenue 2015: $266,015Expenses 2015: $152,968Net Income 2015: $113,0472015Revenue 2016: $455,227Expenses 2016: $389,537Net Income 2016: $65,6902016Revenue 2017: $403,634Expenses 2017: $339,460Net Income 2017: $64,1742017Revenue 2018: $497,046Expenses 2018: $273,888Net Income 2018: $223,1582018Revenue 2019: $582,267Expenses 2019: $479,634Net Income 2019: $102,6332019Revenue 2020: $388,868Expenses 2020: $285,916Net Income 2020: $102,9522020Revenue 2021: $972,302Expenses 2021: $352,168Net Income 2021: $620,1342021Revenue 2022: $407,764Expenses 2022: $447,928Net Income 2022: -$40,1642022Revenue 2023: $419,904Expenses 2023: $343,057Net Income 2023: $76,8472023Revenue 2024: $756,727Expenses 2024: $418,061Net Income 2024: $338,6662024

Highlighted filing

2019

Revenue$582,267
Expenses$479,634
Net Income$102,633
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 20, 2020
Return Version
2018v3.1
Gross Receipts
$623,414
Mission and Program Overview

Mission

Enriching our community through philanthropy, collaboration and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$815,584$1,000,706▲ $185,122
Cash and Non-Interest-Bearing Accounts$109,314$60,904▼ $48,410
Savings and Temporary Cash Investments$46,449$7,681▼ $38,768
Total Assets$971,347$1,069,291▲ $97,944
Liabilities
Accounts Payable and Accrued Expenses$2,261$1,865▼ $396
Total Liabilities$2,261$1,865▼ $396
Net Assets / Fund Balance
Temporarily Rstr Net Assets$493,371$479,415▼ $13,956
Permanently Rstr Net Assets$249,129$367,719▲ $118,590
Unrestricted Net Assets$226,586$220,292▼ $6,294
Total Net Assets Fund Balance$969,086$1,067,426▲ $98,340
Total Liabilities and Net Assets / Fund Balance$971,347$1,069,291▲ $97,944

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$249,129$99,695▲ $20,735$1,840$367,719
2017$75,806$170,424▲ $17,507$14,608$249,129
2016$58,656$14,924▲ $5,747$3,521$75,806
2015$49,536$8,298▲ $822-$58,656
2014$40,656$9,690▲ $707$1,517$49,536
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark a WeberExecutive DirectorFT$74,150$74,150

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$494,673
Program Service Revenue
$0
Investment Income
$67,135
Other Revenue
$20,459
All Other Contributions
$419,451
Change in Net Assets
$102,633

Audited Revenue Reconciliation

Revenue per Audited Statements
$623,414
Revenue Not Reported on Financial Statements
$-41,147
Revenue Not Reported on Form 990
$-4,293
Other Revenue Adjustments
$-41,147
Total Revenue per Audited Statements
$619,121
Total Revenue per Form 990
$582,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$354,695
Salaries, Compensation, and Employee Benefits$76,104
Other Expenses$48,835
Total Fundraising Expense$44,179
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$354,695--$354,695
Current Officers, Directors, Trustees, and Key Employees$27,493$19,638$23,565$70,696
Fees for Services Accounting-$12,404-$12,404
Office Expenses$128$3,973$1,333$5,434
Payroll Taxes$2,103$1,502$1,803$5,408
Advertising$214-$2,975$3,189
Insurance-$2,168-$2,168
Other Expenses$153$1,949$2,990$1,949
All Other Expenses$470$294$294$1,058
Occupancy$90$90$90$270
Conferences and Meetings-$68$67$135
Total Functional Expenses$385,346$50,109$44,179$479,634

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$520,781
Expenses per Audited Statements$479,634
Total Expenses per Form 990$479,634
Expenses Not Reported on Form 990$41,147
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lions UnitedSt Paul, MN501(c)(3)Youth Housing$205,021
Eden Prairie TreehouseEden Prairie, MN501(c)(3)Youth Housingyouth Housing$33,275
Eden Prairie Community Foundation Endowment FundEden Prairie, MN501(c)(3)Endowment Fund$25,000
PropEden Prairie, MN-To Fund, for Families in Need, Scholarships for Youth After-school Activities.$16,150
Esther HomesSt Paul, MN-Youth Housing$12,010
Superhero Kids FoundationChanhassen, MN-Youth Housing$10,000
St Andrew Lutheran ChurchEden Prairie, MN-Camp Opportunities for Youth$7,800
Ep Schools Ready for Kindergarten ProgramEden Prairie, MN-For Families in Need$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,606
Fundraising Direct Expenses$41,147
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$104,565$41,940-$41,940
Brewfest$32,263$19,666$13,702$5,964
Total Events$136,828$61,606$41,147$20,459
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
Yes
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 11B

The finance committee holds a meeting to review the 990 and supporting schedules.

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

The organization requires the board to review the policy and complete a form each year. The executive director reviews the forms for issues.

Form 990, Part VI, Section B, Line 15

The executive director's annual performance against established goals and the annual development plan was initiated june 7, 2018 by the current and former board chairs, with partial numbers from fy 2017-18. It was continued with a july 24, 2018 memo, written by the executive director, directed to the current and former board chairs, and containing final numbers. The chairs reported to the full board on august 16, 2018, at which time the board discussed and approved the executive director's performance review. The board of directors delayed some 2016-17 compensation to the 2017-18 fiscal year.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public in the organizations office.

Filing and Contact Details

Filer

Filer Name
Eden Prairie Community Foundation
EIN
41-1409203
Phone
9529498499
Address
8080 MITCHELL ROAD, EDEN PRAIRIE, MN 55344

Signing Officer

Name
Mark a Weber
Title
Executive Director
Phone
9529498499
Signed
2020-03-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Mark a Weber
Formed
1981
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
54

Preparer

Firm
Casey Menden Faust & Nelson Pa
Address
7900 WEST 78TH STREET SUITE 450, EDINA, MN 55439-2586
Preparer
Scott M Callahan
Phone
9529467900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The accompanying financial statements have been prepared on the basis of modified cash receipts and disbursements. The modified cash basis of accounting followed by the foundation differs from accounting principles generally accepted in the united states of america because accounts receivable, accounts payable and accrued expenses are not recorded, nor are prepaid expenses deferred. Revenue is reported when cash is received and expenses are reported when they are paid. Depreciation is recorded related to the capitalized property and equipment.

FORM 990, PART XII, LINE 2C:

This process has not changed.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal and state income taxes under the provisions of section 501(c)(3) of the internal revenue code. The foundation had no unrelated business income tax in 2019 or 2018. The foundation reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The foundation recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The fondation has identified no significant income tax uncertainties. The foundation files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the internal revenue service. The foundation's federal and state tax returns are open to examination for tax years 2017 through 2019.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct and indirect event expenses -41,147.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct and indirect event expenses 41,147.

Raw XML AppendixShowing 400 of 624 raw XML fields

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 EDEN PRAIRIE COMMUNITY FOUNDATION WAS CREATED IN 1981 TO BE A VEHICLE FOR PHILANTHROPY, COLLABORATION, AND LEADERSHIP IN EDEN PRAIRIE. ITS FOUNDERS ENVISIONED AN ORGANIZATION THAT WOULD MONITOR THE COMMUNITY'S GREATEST NEEDS AND RALLY THE RESOURCES NEEDED TO MEET THOSE NEEDS. EPCF HAS AWARDED MORE THAN $2 MILLION IN GRANTS TO NEARLY 100 DIFFERENT ORGANIZATIONS. GRANTS TOTALING MORE THAN $154,135 WERE AWARDED THE PAST YEAR, HELPING TO PROVIDE: FRESH, NUTRITIOUS FOOD TO THOSE IN NEED; TECHNOLOGY TO MAKE NONPROFITS MORE EFFICIENT; WINTER HOME MAINTENANCE SERVICE FOR SENIORS; BETTER ACCESS TO SOCIAL SERVICES; FUNDING FOR KIDS' SUMMER STEM CAMP; AFTER-SCHOOL TUTORING OF IMMIGRANTS AND OTHER STUDENTS; IMPROVEMENTS TO AN EDEN PRAIRIE GROUP HOME; AND SUPPORT TO YOUNG ADULTS WHO ARE PRECARIOUSLY HOUSED.TO FOSTER LEADERSHIP, COLLABORATION, PHILANTHROPY, VOLUNTEERISM, AND OVERALL "GIVING BACK TO THE COMMUNITY," THE FOUNDATION CO-HOSTS AN ANNUAL VOLUNTEER FAIR AND AN ANNUAL COMMUNITY LEADERS LUNCHEON. IT PARTNERS WITH THE CITY AND SCHOOLS ON A "STATE OF EDEN PRAIRIE" PRESENTATION TO THE PUBLIC AND GATHERS MONTHLY WITH EDEN PRAIRIE'S NONPROFIT LEADERS TO DISCUSS TOPICS OF MUTUAL INTEREST. IT ALSO PARTNERED WITH THE CHAMBER OF COMMERCE, CITY, AND FOUNDATION FOR EDEN PRAIRIE SCHOOLS ON AN OCTOBER 2017 LUNCHEON TO THANK THE MINNESOTA VIKINGS FOR THEIR SERVICE TO EDEN PRAIRIE WHILE OPERATING THEIR HEADQUARTERS AND TRAINING FACILITY IN EDEN PRAIRIE FOR THE LAST 35-PLUS YEARS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/ScheduleBRequiredInd01
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.97$0.76$0.42$0.34
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.63$0.42$0.34$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$0.41$0.45$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.02$1.76$0.97$0.35$0.62
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$0.39$0.29$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.58$0.48$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.50$0.27$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.40$0.34$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.46$0.39$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.27$0.15$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.18$0.12$0.06
2013Summary only. Only limited summary data is available for this year.$0.42$0.00$0.12$0.08$0.04
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.06$0.08$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.09$0.08$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits