Civic Intelligence

Herman Foundation of Mn

EIN 41-1464208 • 501(c)3 • Alexandria, MN

Profile

Improve community quality of life in areas of economic, educational, social services, cultural, religious recreational, aesthetic and historical.

C/O Ken Werk 634 Garden Dr SWAlexandria, MN 56308

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

59th percentile

6.7%

Higher net margin than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

5.6%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2022

Revenue Growth

80th percentile

37%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$52,032

Up $7,793 (+18%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$52,032

Up $7,793 (+18%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin59th percentile

Revenue

Up

$44,848

Up $27,530 (+159%) from 2019

Expenses

Up

$41,825

Up $27,375 (+189%) from 2019

Net Income

Up

$3,023

Up $155 (+5.4%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$200K$150K$100K$50K$0Assets 2015: $180,636Liabilities 2015: $0Net Assets 2015: $180,6362015Assets 2016: $49,150Liabilities 2016: $0Net Assets 2016: $49,1502016Assets 2017: $41,576Liabilities 2017: $0Net Assets 2017: $41,5762017Assets 2018: $42,043Liabilities 2018: $0Net Assets 2018: $42,0432018Assets 2019: $44,239Liabilities 2019: $0Net Assets 2019: $44,2392019Assets 2022: $52,032Liabilities 2022: $0Net Assets 2022: $52,0322022

Highlighted filing

2022

Assets$52,032
Liabilities$0
Net Assets$52,032
Open 2022 Filing

Operations Trend

Revenue Growth80th percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $405,279Expenses 2015: $319,577Net Income 2015: $85,7022015Revenue 2016: $232,075Expenses 2016: $363,929Net Income 2016: -$131,8542016Revenue 2017: $203,249Expenses 2017: $212,700Net Income 2017: -$9,4512017Revenue 2018: $124,404Expenses 2018: $123,379Net Income 2018: $1,0252018Revenue 2019: $17,318Expenses 2019: $14,450Net Income 2019: $2,8682019Revenue 2022: $44,848Expenses 2022: $41,825Net Income 2022: $3,0232022

Highlighted filing

2022

Revenue$44,848
Expenses$41,825
Net Income$3,023
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,032
Liabilities
$0
Net assets
$52,032
Revenue
$44,848
Expenses
$41,825
Net income
$3,023
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.45$0.42$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.17$0.14$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.24$1.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$2.03$2.13$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$2.32$3.64$1.32
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$4.05$3.20$0.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 14, 2022
Return Version
2021v4.0
Gross Receipts
$44,848
Mission and Program Overview

Mission

Improve community quality of life in areas of economic, educational, social services, cultural, religious recreational, aesthetic and historical.

Program Services

DescriptionGrantsExpenses
Finance the building of a Community Center in Herman MN by collecting contributions and forwarding that money to Herman Development Corp.-$41,500
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken WerkPresident-$0--
Doug OachsDirector-$0--
Katy BlumeDirector-$0--
Jean LennoxTreasurer-$0--
Vonna AndersonDirector-$0--
Roselyn GieseSecretary-$0--
Kay JohnsonDirector-$0--
Dan EllisonDirector-$0--
Jason StrandDirector-$0--
Filing and Contact Details

Filer

Filer Name
Herman Foundation of Mn
EIN
41-1464208
Phone
3204600241
Address
C/O KEN WERK 634 GARDEN DR SW, ALEXANDRIA, MN 56308

Signing Officer

Name
Ken Werk
Title
President
Signed
2022-10-14
Discuss with paid preparer
Yes

Preparer

Firm
Morris & Associates CPA
Address
600 Atlantic Ave, Morris, MN 56267
Preparer
Matthew T Carrington CPA
Phone
3205891122
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $25”

Other Expenses.1

“PROGRAM SERVICES $41500”

Raw XML Appendix191 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03204600241
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt050 BERLIN AVENUE SOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HERMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056248
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050929
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052032
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt050929
IRS990EZ/Form990TotalAssetsGrp/EOYAmt052032
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt050929
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052032
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ken Werk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Doug Oachs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Katy Blume
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jean Lennox
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Vonna Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Roselyn Giese
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Kay Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Dan Ellison
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Jason Strand
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1920
IRS990EZ/OtherExpensesTotalAmt041525
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Improve community quality of life in areas of economic, educational, social services, cultural, religious recreational, aesthetic and historical.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Finance the building of a Community Center in Herman MN by collecting contributions and forwarding that money to Herman Development Corp.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt041825
IRS990EZ/TotalProgramServiceExpensesAmt041500
IRS990EZ/TotalRevenueAmt044848
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt082912
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026763
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015373
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0123068
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0291104
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01945
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01336
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01860
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01944
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01945
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01336
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09065
IRS990ScheduleA/InvestmentIncomeCYPct00.03020
IRS990ScheduleA/InvestmentIncomePYPct00.02080
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96980
IRS990ScheduleA/PublicSupportPY509Pct00.97920
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042988
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026763
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt015373
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0123068
IRS990ScheduleA/Total509Grp/TotalAmt0291104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt044848
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt084856
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt028743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt017318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0124404
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0300169
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SERVICES $41500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ken Werk
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERMAN FOUNDATION OF MN
ReturnHeader/Filer/BusinessNameControlTxt0HERM
ReturnHeader/Filer/EIN0411464208
ReturnHeader/Filer/PhoneNum03204600241
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O KEN WERK 634 GARDEN DR SW
ReturnHeader/Filer/USAddress/CityNm0ALEXANDRIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056308
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411912346
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Morris & Associates CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Atlantic Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morris
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056267
ReturnHeader/PreparerPersonGrp/PhoneNum03205891122
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Matthew T Carrington CPA
ReturnHeader/ReturnTs02022-10-14T05:34:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ken
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Werk
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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