Civic Intelligence

The Herb Brooks Foundation

990 • Fiscal year 2013 • EIN 41-1493766

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

1700 105th Avenue NEWhite Bear Lk, MN 55449

(763) 785-5601

Siviq Scores

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

Liabilities / Assets

88th percentile

0.88x

Higher debt load relative to assets than 88% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

93rd percentile

3.72x

Higher debt load relative to revenue than 93% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

45th percentile

$35,000

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

14th percentile

-8.1%

Faster asset growth than 14% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$1,016,740

Down $89,314 (-8.1%) from 2012

Net Assets

Up

$123,535

Up $33,214 (+37%) from 2012

Liabilities

Down

$893,205

Down $122,528 (-12%) from 2012

Revenue

$239,958

No earlier filing loaded for comparison.

Expenses

Up

$206,744

Up $22,252 (+12%) from 2012

Net Income

$33,214

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.

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,223,587Liabilities 2010: $1,229,699Net Assets 2010: -$6,1122010Assets 2011: $1,131,240Liabilities 2011: $1,122,045Net Assets 2011: $9,1952011Assets 2012: $1,106,054Liabilities 2012: $1,015,733Net Assets 2012: $90,3212012Assets 2013: $1,016,740Liabilities 2013: $893,205Net Assets 2013: $123,5352013Assets 2014: $966,311Liabilities 2014: $795,867Net Assets 2014: $170,4442014Assets 2015: $953,900Liabilities 2015: $701,535Net Assets 2015: $252,3652015Assets 2016: $945,380Liabilities 2016: $606,111Net Assets 2016: $339,2692016Assets 2017: $873,975Liabilities 2017: $510,564Net Assets 2017: $363,4112017Assets 2018: $806,788Liabilities 2018: $412,910Net Assets 2018: $393,8782018Assets 2019: $814,101Liabilities 2019: $311,452Net Assets 2019: $502,6492019Assets 2020: $788,913Liabilities 2020: $215,128Net Assets 2020: $573,7852020Assets 2021: $809,031Liabilities 2021: $105,865Net Assets 2021: $703,1662021Assets 2022: $758,161Liabilities 2022: $29,246Net Assets 2022: $728,9152022Assets 2023: $690,370Liabilities 2023: $1,599Net Assets 2023: $688,7712023Assets 2024: $673,200Liabilities 2024: $24Net Assets 2024: $673,1762024

Highlighted filing

2013

Assets$1,016,740
Liabilities$893,205
Net Assets$123,535

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $192,5802010Expenses 2011: $209,5162011Expenses 2012: $184,4922012Revenue 2013: $239,958Expenses 2013: $206,744Net Income 2013: $33,2142013Revenue 2014: $232,018Expenses 2014: $185,109Net Income 2014: $46,9092014Revenue 2015: $263,696Expenses 2015: $194,274Net Income 2015: $69,4222015Revenue 2016: $307,364Expenses 2016: $220,460Net Income 2016: $86,9042016Revenue 2017: $239,012Expenses 2017: $214,870Net Income 2017: $24,1422017Revenue 2018: $233,674Expenses 2018: $203,207Net Income 2018: $30,4672018Revenue 2019: $320,799Expenses 2019: $212,028Net Income 2019: $108,7712019Revenue 2020: $235,267Expenses 2020: $164,131Net Income 2020: $71,1362020Revenue 2021: $333,728Expenses 2021: $204,347Net Income 2021: $129,3812021Revenue 2022: $244,087Expenses 2022: $218,338Net Income 2022: $25,7492022Revenue 2023: $85,251Expenses 2023: $125,395Net Income 2023: -$40,1442023Revenue 2024: $79,289Expenses 2024: $94,884Net Income 2024: -$15,5952024

Highlighted filing

2013

Revenue$239,958
Expenses$206,744
Net Income$33,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.1
Gross Receipts
$254,506
Mission and Program Overview

Mission

Grow the base of hockey; give kids a positive hockey experience and an opportunity to learn life lessons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$961,299$924,223▼ $37,076
Land, Buildings, and Equipment, Net$78,299$49,432▼ $28,867
Cash and Non-Interest-Bearing Accounts$64,656$43,085▼ $21,571
Loans From Officers Directors$31,563$5,563▼ $26,000
Pledges and Grants Receivable$1,800--
Total Assets$1,106,054$1,016,740▼ $89,314
Liabilities
Tax Exempt Bond Liabilities$979,070$887,642▼ $91,428
Accounts Payable and Accrued Expenses$5,100--
Total Liabilities$1,015,733$893,205▼ $122,528
Net Assets / Fund Balance
Unrestricted Net Assets$90,321$123,535▲ $33,214
Total Net Assets Fund Balance$90,321$123,535▲ $33,214
Total Liabilities and Net Assets / Fund Balance$1,106,054$1,016,740▼ $89,314

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$210,403$210,403
Leasehold Improvements$49,432$35,568$85,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John McclellanExecutive DirectorFT$35,000$35,000
Skip PeltierFormer Executive Director-$26,000$26,000

Board Members and Trustees

NameTitle
Ross BernsteinPresident
Mike ReillyBoard Emember
Bill WellerBoard Member
Doug JohnsonBoard Member
Jack JablonskiBoard Member
Neil SheehyBoard Member
Paul EricksonBoard Member
Rob McclanahanBoard Member
Tom SuggasorBoard Member
Winny BrodtBoard Member
Dan BrooksEx Officer
Jon MarukSecretary
Kelly ParadiseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,090
Program Service Revenue
$136,181
Investment Income
$0
Other Revenue
$4,687
All Other Contributions
$86,406
Change in Net Assets
$33,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,344
Salaries, Compensation, and Employee Benefits$35,000
Grants and Similar Amounts Paid$1,400
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,943--$65,943
Current Officers, Directors, Trustees, and Key Employees-$35,000-$35,000
Other Expenses$22,576--$22,576
Interest$21,545--$21,545
Fees for Services Other-$18,500-$18,500
Advertising-$16,946-$16,946
Insurance$4,394--$4,394
Fees for Services Accounting-$3,100-$3,100
Office Expenses-$1,724-$1,724
Grants to Domestic Individuals$1,400--$1,400
Occupancy$720$480-$1,200
All Other Expenses-$625-$625
Conferences and Meetings-$141-$141
Travel$15--$15
Total Functional Expenses$130,228$76,516$0$206,744
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,235
Fundraising Direct Expenses$14,548
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$31,919$19,235$14,548$4,687
Total Events$31,919$19,235$14,548$4,687
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$31,563$5,563▼ $26,000
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
A41-60083002006-12-27$1,400,000Aquistion construction and equipping of athletic

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,400,000-$512,357$28,000

Bond Financing Compliance

Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Officer directors etc family relationship Part VI line 2

Part vi, section a, line 2: there is a family relationship between dan brooks and kelly paradise.

Form 990 governing body review Part VI line 11

The executive director and finance manager review a draft of form 990. Feedback is provided to our tax preparer who provides us with a final filing copy. We check that copy to make sure any changes are made. Copies are provided to all executive board members and they can comment if they like. Prior to filing, the form 990 is approved by the full board of directors along with related filings with the mn attorney general's office.

Conflict of interest policy compliance Part VI line 12C

Discussion and documentation are part of the annual full board meeting in november of each year.

CEO executive director top management comp Part VI line 15A

Comparable searches of slary/positions made via internet and reported upon; continued contractual engagement with paid consultants as well as the amount of comensation is voted upon at each annual full board meeting in november of each year for the coming year.

Other officer or key employee compensation Part VI line 15B

Comparable searches of salary/positions made via internet and reported upon; continued contractual engagement with paid consultants as well as the amount of compensation is voted upon at each annual full board meeting in november of each year for the coming year.

Governing documents etc available to public Part VI line 19

A link to the public disclosure version of the annual 990 is included on the organizations website. Organization policies and procedures can be obtained upon written request and substantiated purpose for their use.

Filing and Contact Details

Filer

EIN
41-1493766

Signing Officer

Name
John Mcclellan
Title
Executive Direc
Phone
7637855601
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
25

Preparer

Preparer
Julie Long
Phone
7637844842
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other:program service expenses 0.management and general expenses 18,500.fundraising expenses 0.total expensess 18,500.

List of other expenses Part IX line 24E

Contracted services:program service expenses 0.management and general expenses 625.fundraising expenses 0.total expenses 625.total other fees on form 990, part ix11g, col a 19,125.

General explanation attachment

Form 990, part iii, line 4a, program service accompkishments:elite hockey stars/the herb brooks hockey clinic:the h b hockey clinic provides opportunities for existing inner city players to receive the highest quality instruction at the hbtc at no cost to players or organizations. One 2 hour session per week of skill development training at the hbtc & herb brooks rink if provided at no cost to the players. This program covers 4 weeks and includes apporximately 100 skaters. Augsburg college/ seward elementary skating program:this program runs for 4 weeks starting on or about the end of march and goes for 4 weeks. This is an extension of the rick rats program for the boys and girls that attend seward elementary school. The on ice program is directed by the coaching staff at augsburg college and the students are transported to and from seward to augsburg via morrie's automotive group vans. Herb brooks xl hockey league:this hockey program is for high school girls and boys who want to keep playing the game but not at the competitive level you find in high school sports. This one game per week league has limited practices and is a no check legue. Standing are kept but the focus is on having fun by playing the game kis love to play. There are officials, some rule modifications and adult coaches.

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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.$0.67$0.00$0.67$0.08$0.09$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.09$0.13$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.73$0.24$0.22$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.11$0.70$0.33$0.20$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.22$0.57$0.24$0.16$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.31$0.50$0.32$0.21$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.41$0.39$0.23$0.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.51$0.36$0.24$0.21$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.61$0.34$0.31$0.22$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.70$0.25$0.26$0.19$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.80$0.17$0.23$0.19$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.02$0.89$0.12$0.24$0.21$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$1.02$0.09$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$1.12$0.01$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$1.23$0.01$0.19