Civic Intelligence

Minnesota Association for Financial

EIN 41-1463032 • 501(c)4 • Isanti, MN

Profile

Provide a forum for the exchange of information, ideas and best practices for financial professionals.

PO Box 358Isanti, MN 55040

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

39th percentile

-3.0%

Higher net margin than 39% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

49th percentile

-2.1%

Faster asset growth than 49% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

37th percentile

-11%

Faster revenue growth than 37% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$174,438

Down $3,745 (-2.1%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$174,438

Down $3,745 (-2.1%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin39th percentile

Revenue

Down

$124,817

Down $15,089 (-11%) from 2024

Expenses

Up

$128,562

Up $8,706 (+7.3%) from 2024

Net Income

Down

-$3,745

Down $23,795 (-119%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $166,750Liabilities 2011: $02011Assets 2012: $146,381Liabilities 2012: $02012Assets 2013: $146,408Liabilities 2013: $0Net Assets 2013: $146,4082013Assets 2014: $157,114Liabilities 2014: $0Net Assets 2014: $157,1142014Assets 2015: $168,077Liabilities 2015: $0Net Assets 2015: $168,0772015Assets 2016: $189,408Liabilities 2016: $0Net Assets 2016: $189,4082016Assets 2017: $224,755Liabilities 2017: $0Net Assets 2017: $224,7552017Assets 2018: $190,632Liabilities 2018: $0Net Assets 2018: $190,6322018Assets 2019: $187,670Liabilities 2019: $0Net Assets 2019: $187,6702019Assets 2020: $176,252Liabilities 2020: $0Net Assets 2020: $176,2522020Assets 2021: $198,358Liabilities 2021: $0Net Assets 2021: $198,3582021Assets 2022: $187,270Liabilities 2022: $0Net Assets 2022: $187,2702022Assets 2023: $158,649Liabilities 2023: $516Net Assets 2023: $158,1332023Assets 2024: $178,183Net Assets 2024: $178,1832024Assets 2025: $174,438Net Assets 2025: $174,4382025

Highlighted filing

2025

Assets$174,438
Liabilities-
Net Assets$174,438
Open 2025 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $188,495Expenses 2011: $224,011Net Income 2011: -$35,5162011Revenue 2012: $204,083Expenses 2012: $224,501Net Income 2012: -$20,4182012Revenue 2013: $201,994Expenses 2013: $201,967Net Income 2013: $272013Revenue 2014: $208,628Expenses 2014: $197,922Net Income 2014: $10,7062014Revenue 2015: $217,439Expenses 2015: $206,476Net Income 2015: $10,9632015Revenue 2016: $228,083Expenses 2016: $206,752Net Income 2016: $21,3312016Revenue 2017: $225,639Expenses 2017: $190,293Net Income 2017: $35,3462017Revenue 2018: $196,469Expenses 2018: $230,593Net Income 2018: -$34,1242018Revenue 2019: $183,403Expenses 2019: $186,364Net Income 2019: -$2,9612019Revenue 2020: $102,809Expenses 2020: $114,228Net Income 2020: -$11,4192020Revenue 2021: $67,108Expenses 2021: $45,002Net Income 2021: $22,1062021Revenue 2022: $130,396Expenses 2022: $141,484Net Income 2022: -$11,0882022Revenue 2023: $159,696Expenses 2023: $188,833Net Income 2023: -$29,1372023Revenue 2024: $139,906Expenses 2024: $119,856Net Income 2024: $20,0502024Revenue 2025: $124,817Expenses 2025: $128,562Net Income 2025: -$3,7452025

Highlighted filing

2025

Revenue$124,817
Expenses$128,562
Net Income-$3,745
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$174,438
Liabilities
-
Net assets
$174,438
Revenue
$124,817
Expenses
$128,562
Net income
-$3,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$1.74$1.25$1.29$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$1.78$1.40$1.20$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.58$1.60$1.89$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$1.30$1.41$0.11
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.98$0.00$1.98$0.67$0.45$0.22
2020Summary only. Only limited summary data is available for this year.$1.76$0.00$1.76$1.03$1.14$0.11
2019Summary only. Only limited summary data is available for this year.$1.88$0.00$1.88$1.83$1.86$0.03
2018Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$1.96$2.31$0.34
2017Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$2.26$1.90$0.35
2016Summary only. Only limited summary data is available for this year.$1.89$0.00$1.89$2.28$2.07$0.21
2015Summary only. Only limited summary data is available for this year.$1.68$0.00$1.68$2.17$2.06$0.11
2014Summary only. Only limited summary data is available for this year.$1.57$0.00$1.57$2.09$1.98$0.11
2013Summary only. Only limited summary data is available for this year.$1.46$0.00$1.46$2.02$2.02$0.00
2012Summary only. Only limited summary data is available for this year.$1.46$0.00$2.04$2.25$0.20
2011Summary only. Only limited summary data is available for this year.$1.67$0.00$1.88$2.24$0.36
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$159,696
Mission and Program Overview

Mission

Provide a forum for the exchange of information, ideas and best practices for financial professionals.

Program Services

DescriptionGrantsExpenses
DURING OUR FISCAL YEAR, MNAFP HOSTED NINE EDUCATIONAL EVENTS FOR MEMEBERS AND NON-MEMBERS. THERE WERE 499 INDIVIDUALS THAT TOOK ADVANTAGE OF THIS EDUCATION.-$187,842
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
IMRAN QURESHITreasurer-$0--
MARIAMA LARSONVice President-$0--
CHRIS MOOREPresident-$0--
ZACH TAYLORVice Treasurer-$0--
MARY UTECHTImm Past Pres-$0--
CHERYL HOIKKASecretary-$0--
AMANDA DENAULTMember Liason-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Association for Financial
EIN
41-1463032
Phone
6124265535
Address
PO BOX 358, ISANTI, MN 55040

Signing Officer

Name
Zach Taylor
Title
Vice Treasurer
Signed
2023-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Newton Financial Solutions LLC
Address
600 Main Street S Ste 110, Cambridge, MN 55008
Preparer
Lisa A Novak EA
Phone
7635528888
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $3705”

Other Expenses.1007

“Conferences, Conventions, and Meetings $149411”

Other Expenses.1012

“Insurance $1270”

Other Expenses.1

“MONTHLY MEETINGS $26723”

Other Expenses.2

“BANK CHARGES $6517”

Other Expenses.3

“Dues & subscriptions $732”

Total Liabilities.1

“CREDIT CARD - Beginning $0 CREDIT CARD - Ending $516”

Raw XML Appendix139 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ZACH TAYLOR
IRS990EZ/BooksInCareOfDetail/PhoneNum06124265535
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 358
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ISANTI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055040
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0187270
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0158649
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017193
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-29137
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0475
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0187270
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0158649
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0159696
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt04667
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0187270
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0158133
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0187270
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0158133
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0IMRAN QURESHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIAMA LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRIS MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ZACH TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARY UTECHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHERYL HOIKKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6AMANDA DENAULT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4IMM PAST PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER LIASON
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0188358
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A FORUM FOR THE EXCHANGE OF INFORMATION, IDEAS AND BEST PRACTICES FOR FINANCIAL PROFESSIONALS.
IRS990EZ/ProgramServiceRevenueAmt0137836
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING OUR FISCAL YEAR, MNAFP HOSTED NINE EDUCATIONAL EVENTS FOR MEMEBERS AND NON-MEMBERS. THERE WERE 499 INDIVIDUALS THAT TOOK ADVANTAGE OF THIS EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0187842
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0516
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0188833
IRS990EZ/TotalProgramServiceExpensesAmt0187842
IRS990EZ/TotalRevenueAmt0159696
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $149411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MONTHLY MEETINGS $26723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $6517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES & SUBSCRIPTIONS $732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CREDIT CARD - Beginning $0 CREDIT CARD - Ending $516
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ZACH TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA ASSOCIATION FOR FINANCIAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROFESSIONALS
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411463032
ReturnHeader/Filer/PhoneNum06124265535
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 358
ReturnHeader/Filer/USAddress/CityNm0ISANTI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055040
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260766314
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Newton Financial Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Main Street S Ste 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cambridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055008
ReturnHeader/PreparerPersonGrp/PhoneNum07635528888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa A Novak EA
ReturnHeader/ReturnTs02023-11-02T10:57:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ZACH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TAYLOR
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.