Civic Intelligence

Vivie Foundation

990 • Fiscal year 2012 • EIN 41-1451486

Oct 01, 2011 to Sep 30, 2012 • Filed on Aug 01, 2013

420 12th Avenue East56308
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$3,508,961

Up $560,848 (+19%) from 2011

Net Assets

Up

$3,508,961

Up $562,698 (+19%) from 2011

Liabilities

Down

$0

Down $1,850 (-100%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$110,678

Down $94,904 (-46%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,690,072Liabilities 2010: $0Net Assets 2010: $2,690,0722010Assets 2011: $2,948,113Liabilities 2011: $1,850Net Assets 2011: $2,946,2632011Assets 2012: $3,508,961Liabilities 2012: $0Net Assets 2012: $3,508,9612012Assets 2013: $3,784,428Liabilities 2013: $975Net Assets 2013: $3,783,4532013Assets 2014: $2,979,903Liabilities 2014: $2,000Net Assets 2014: $2,977,9032014Assets 2015: $2,532,323Liabilities 2015: $17,900Net Assets 2015: $2,514,4232015Assets 2016: $2,681,695Liabilities 2016: $0Net Assets 2016: $2,681,6952016Assets 2017: $3,170,383Liabilities 2017: $0Net Assets 2017: $3,170,3832017Assets 2018: $3,258,822Liabilities 2018: $76,000Net Assets 2018: $3,182,8222018Assets 2019: $3,201,775Liabilities 2019: $82,654Net Assets 2019: $3,119,1212019Assets 2020: $3,312,479Liabilities 2020: $79,581Net Assets 2020: $3,232,8982020Assets 2021: $3,832,660Liabilities 2021: $75,000Net Assets 2021: $3,757,6602021Assets 2022: $3,297,425Liabilities 2022: $77,810Net Assets 2022: $3,219,6152022Assets 2023: $3,970,374Liabilities 2023: $62,795Net Assets 2023: $3,907,5792023Assets 2024: $7,498,730Liabilities 2024: $41,266Net Assets 2024: $7,457,4642024

Highlighted filing

2012

Assets$3,508,961
Liabilities$0
Net Assets$3,508,961

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $183,0072010Expenses 2011: $205,5822011Expenses 2012: $110,6782012Revenue 2013: $268,419Expenses 2013: $205,294Net Income 2013: $63,1252013Revenue 2014: $518,269Expenses 2014: $1,477,609Net Income 2014: -$959,3402014Revenue 2015: $321,951Expenses 2015: $531,730Net Income 2015: -$209,7792015Revenue 2016: $389,273Expenses 2016: $362,599Net Income 2016: $26,6742016Revenue 2017: $549,358Expenses 2017: $316,946Net Income 2017: $232,4122017Revenue 2018: $795,569Expenses 2018: $804,846Net Income 2018: -$9,2772018Revenue 2019: $586,414Expenses 2019: $557,683Net Income 2019: $28,7312019Revenue 2020: $462,658Expenses 2020: $395,005Net Income 2020: $67,6532020Revenue 2021: $429,966Expenses 2021: $406,302Net Income 2021: $23,6642021Revenue 2022: $612,878Expenses 2022: $493,885Net Income 2022: $118,9932022Revenue 2023: $209,144Expenses 2023: $217,696Net Income 2023: -$8,5522023Revenue 2024: $506,894Expenses 2024: $661,979Net Income 2024: -$155,0852024

Highlighted filing

2012

Revenue-
Expenses$110,678
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Aug 1, 2013
Return Version
2011v1.5
Gross Receipts
$424,898
Mission and Program Overview

Mission

The Knute Nelson Foundation supports Knute Nelson and therefore follows the mission of Knute Nelson which is: to enrich the lives of everyone we serve. We have five core values - Christian Heritage, Valuing People, Customer-Focused Excellence, Community Engagement, and Stewardship.

Filing and Contact Details

Filer

EIN
41-1451486
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IRS990/Description0THE KNUTE NELSON FOUNDATION SUPPORTS KNUTE NELSON THROUGH GRANTS AND OTHER CHARITABLE SUPPORT. GENEROUS INDIVIDUALS AND ORGANIZATIONS HAVE HELPED TO ADVANCE THE MISSION OF KNUTE NELSON TO INTRODUCE AND EXPAND INNOVATIVE APPROACHES TO OUR DELIVERY OF CARE FOR OLDER ADULTS THROUGHOUT OUR CONTINUUM OF SERVICES. IT IS THROUGH THE TREMENDOUS GIVING OF OUR DONORS AND VOLUNTEERS THAT KNUTE NELSON HAS BEEN ABLE TO ACCOMPLISH A VARIETY OF INITIATIVES THROUGH THE KNUTE NELSON FOUNDATION INCLUDING:* CHAPEL ENRICHMENTS* DIMENSIONS CAPITAL CAMPAIGN FOR GRAND ARBOR * EQUIPMENT AND FURNISHINGS* GRANDCARE AND PERSONAL EMERGENCY RESPONSE TECHNOLOGY * CHAPLAINCY PROGRAM* WELLNESS PROGRAMMING AND EQUIPMENT* EMPLOYEE SCHOLARSHIPS* HEALING GARDENS* UNRESTRICTED SUPPORTALL GIFTS ARE TAX-DEDUCTIBLE AS THE KNUTE NELSON FOUNDATION IS RECOGNIZED AS A FULLY-QUALIFIED, NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.IN 2012, GENEROUS DONORS CONTRIBUTED OVER $357,000 IN CHARITABLE GIFTS. ADDITIONALLY, OVER 350 VOLUNTEERS CONTRIBUTED OVER 7,000 RECORDED HOURS OF DEDICATED SERVICE IN MANY CAPACITIES THROUGHOUT THE KNUTE NELSON ORGANIZATION.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE FOUNDATION IS ORGANIZED AS A MINNESOTA NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS ANNUALLY. IN ADDITION, THE CORPORATION IS SUBJECT TO INCOME TAX ON ANY NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSE. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE, IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent107810
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal07810
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents09502
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent101992
IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents01992
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1021928
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal021928
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1014118
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents014118
IRS990ScheduleG/EventsInformation/NameOfEvent10GOLF TOURNAMENT
IRS990ScheduleG/EventsInformation/NetIncomeSummary04616
IRS990ScheduleG/EventsInformation/NonCashPrizesEvent101137
IRS990ScheduleG/EventsInformation/NonCashPrizesTotalEvents01137
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent10125
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents0125
IRS990ScheduleG/EventsInformation/RentFacilityCostsEvent106248
IRS990ScheduleG/EventsInformation/RentFacilityCostsTotalEvents06248
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant07657
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients01
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0SCHOLARSHIP
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: KNUTE NELSON FOUNDATION MAKES PAYMENTS DIRECTLY TO THE SCHOOL AND DIRECTLY TO THE INDIVIDUALS, DEPENDING ON THE CIRCUMSTANCE. FOR PAYMENTS MADE DIRECTLY TO INDIVIDUALS, A RECEIPT MUST BE PROVIDED SHOWING BOOK OR TUITION EXPENSE BEFORE THE SCHOLARSHIP IS ISSUED. THIS IS THE SAME AS THE CORPORATION. THE FOUNDATION SCHOLARSHIP IS USED FOR SCHOLARSHIPS THAT ARE NOT ELIGIBLE UNDER THE NURSING FACILITY SCHOLARSHIP PROGRAM UNDER THE CARE CENTER.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0131073
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs05260
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE CEO IS COMPENSATED BY KNUTE NELSON, A RELATED ORGANIZATION. THE FOUNDATION RELIED ON KNUTE NELSON TO ESTABLISH COMPENSATION FOR THE CEO. KNUTE NELSON UTILIZED THE FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD TO ESTABLISH COMPENSATION.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 3
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0MARK ANDERSON
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs016134
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0152467
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE COMMITTEE SHALL INCLUDE THE CHAIR, THE VICE-CHAIR, THE PRESIDENT, THE TREASURER, THE SECRETARY AND SUCH OTHER INDIVIDUALS, IF ANY, AS MAY BE APPOINTED BY THE BOARD FROM TIME TO TIME. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THIS CORPORATION IN THE INTERVAL BETWEEN BOARD MEETINGS, AND THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE SUCH OTHER DUTIES AS MAY BE PRESCRIBED BY THE BOARD FROM TIME TO TIME.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.50$0.04$7.46$0.51$0.66$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.97$0.06$3.91$0.21$0.22$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.08$3.22$0.61$0.49$0.12
2021Detailed filing. Detailed filing data is available for this year.$3.83$0.08$3.76$0.43$0.41$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.31$0.08$3.23$0.46$0.40$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.20$0.08$3.12$0.59$0.56$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.26$0.08$3.18$0.80$0.80$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$0.55$0.32$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.39$0.36$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.53$0.02$2.51$0.32$0.53$0.21
2014Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.52$1.48$0.96
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.00$3.78$0.27$0.21$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$0.00$3.51$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.00$2.95$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$0.18