Civic Intelligence

Minnewaska Home Development Inc.

990EZ • Fiscal year 2017 • EIN 41-1504339

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 09, 2018

605 Main StreetStarbuck, MN 56381

(320) 239-2217

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-2.7%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

11th percentile

-42%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-75%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$124,879

Down $90,742 (-42%) from 2016

Net Assets

Down

$124,879

Down $5,696 (-4.4%) from 2016

Liabilities

Down

$0

Down $85,046 (-100%) from 2016

Revenue

Down

$29,785

Down $88,591 (-75%) from 2016

Expenses

Down

$30,592

Down $63,689 (-68%) from 2016

Net Income

Down

-$807

Down $24,902 (-103%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $98,252Liabilities 2010: $0Net Assets 2010: $98,2522010Assets 2011: $100,554Liabilities 2011: $0Net Assets 2011: $100,5542011Assets 2012: $123,443Liabilities 2012: $0Net Assets 2012: $123,4432012Assets 2013: $126,069Liabilities 2013: $0Net Assets 2013: $126,0692013Assets 2014: $111,700Liabilities 2014: $02014Assets 2015: $106,480Liabilities 2015: $0Net Assets 2015: $106,4802015Assets 2016: $215,621Liabilities 2016: $85,046Net Assets 2016: $130,5752016Assets 2017: $124,879Liabilities 2017: $0Net Assets 2017: $124,8792017Assets 2018: $120,791Liabilities 2018: $0Net Assets 2018: $120,7912018Assets 2019: $177,743Liabilities 2019: $0Net Assets 2019: $177,7432019Assets 2020: $93,426Liabilities 2020: $0Net Assets 2020: $93,4262020Assets 2021: $107,701Liabilities 2021: $0Net Assets 2021: $107,7012021Assets 2022: $132,919Liabilities 2022: $0Net Assets 2022: $132,9192022Assets 2023: $106,002Liabilities 2023: $02023Assets 2024: $135,662Liabilities 2024: $0Net Assets 2024: $135,6622024

Highlighted filing

2017

Assets$124,879
Liabilities$0
Net Assets$124,879

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $34,649Expenses 2010: $20,598Net Income 2010: $14,0512010Revenue 2011: $26,970Expenses 2011: $24,668Net Income 2011: $2,3022011Revenue 2012: $27,234Expenses 2012: $4,345Net Income 2012: $22,8892012Revenue 2013: $26,303Expenses 2013: $23,677Net Income 2013: $2,6262013Revenue 2014: $27,887Expenses 2014: $42,256Net Income 2014: -$14,3692014Revenue 2015: $34,308Expenses 2015: $39,528Net Income 2015: -$5,2202015Revenue 2016: $118,376Expenses 2016: $94,281Net Income 2016: $24,0952016Revenue 2017: $29,785Expenses 2017: $30,592Net Income 2017: -$8072017Revenue 2018: $19,013Expenses 2018: $23,101Net Income 2018: -$4,0882018Revenue 2019: $73,738Expenses 2019: $16,786Net Income 2019: $56,9522019Revenue 2020: $50,770Expenses 2020: $135,087Net Income 2020: -$84,3172020Revenue 2021: $26,442Expenses 2021: $12,167Net Income 2021: $14,2752021Revenue 2022: $102,107Expenses 2022: $76,889Net Income 2022: $25,2182022Revenue 2023: $85,269Expenses 2023: $112,186Net Income 2023: -$26,9172023Revenue 2024: $84,010Expenses 2024: $54,350Net Income 2024: $29,6602024

Highlighted filing

2017

Revenue$29,785
Expenses$30,592
Net Income-$807
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 9, 2018
Return Version
2016v3.0
Gross Receipts
$40,328
Mission and Program Overview

Mission

A community of services, grounded in faith, providing person centered care that encourages all people to reach their highest potential.

Program Services

DescriptionGrantsExpenses
THE PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND ADMINISTER PROGRAMS THAT WILL PROVIDE FINANCIAL RESOURCES TO SUPPORT MINNEWASKA LUTHERAN HOME AND ORGANIZATIONS AFFILIATED WITH MINNEWASKA LUTHERAN HOME. THESE PROGRAMS WILL BENEFIT THE ELDERLY AND LONG TERM CARE RECIPIENTS.MINNEWASKA HOME DEVELOPMENT IS GOVERNED BY A TEN PERSON INDEPENDENT BOARD MADE UP OF ONE AT-LARGE COMMUNITY LEADER AND NINE AREA CHURCH MEMBERS. THE BOARD HAS A HISTORY OF COMMITMENT TO ACTING WITH THE HIGHEST INTEGRITY AND HAS BEEN PROACTIVELY EVALUATING OPPORTUNITIES TO ENSURE THE ORGANIZATION CONTINUES TO OPERATE AT ITS MAXIMUM POTENTIAL FOR THE BENEFIT OF THE CLIENTS WE SERVE AND THE COMMUNITY.$28,715$28,715
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAYO ASLAGSONChair-$0--
LAURIS JOHNSHOYVice Chair-$0--
JOHN SAMUELSONSecretary-$0--
ARNE STOENTreasurer-$0--
PETER BRANDTDirector-$0--
RONALD FEIGUMDirector-$0--
WARREN HAGESTUENDirector-$0--
ROBERT HENDRICKSONDirector-$0--
ALICE REESEDirector-$0--
STAN STARKDirector-$0--
CHRISTOPHER KNOLLAdministrator-$0--
BRIAN ENGLERDirector Of Finance-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser$24,152$8,620$596$8,024
Total Events$24,152$8,620$10,543$-1,923
Filing and Contact Details

Filer

Filer Name
Minnewaska Home Development Inc
EIN
41-1504339
Phone
3202392217
Address
605 MAIN STREET, STARBUCK, MN 56381

Signing Officer

Name
Kayo Aslagson
Title
Board Chair
Phone
3202392217
Signed
2018-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Cory Rutledge
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: investment income. Amount: 396.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: general operating support. Grantee name: minnewaska lutheran home. Grantee address: p.o. Box 40 starbuck, mn 56381. Amount given: 28,715.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: other general expenses. Amount: 1,877.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: exclude glacier trails net assets transferred to minnewaska lutheran home. Amount: -4,889.

Form 990-ez, Part II, Line 24 - Other Assets

Description: resident receivables. Beg. Of year amount: 6,516. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: trade payables. Beg. Of year amount: 5,812. End of year amount: 0. Description: related party payables. Beg. Of year amount: 78,734. End of year amount: 0. Description: resident deposits. Beg. Of year amount: 500. End of year amount: 0.

Form 990-ez, Part V, Line 33

In september 2017, glacial trails was restructured to be subsidiary of minnewaska lutheran home

Form 990-ez, Part V, Line 34

The bylaws were amended in december 2016 to remove the maximum limit of consecutive terms each director can serve.

Raw XML Appendix244 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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IRS990EZ/PrimaryExemptPurposeTxt0A COMMUNITY OF SERVICES, GROUNDED IN FAITH, PROVIDING PERSON CENTERED CARE THAT ENCOURAGES ALL PEOPLE TO REACH THEIR HIGHEST POTENTIAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND ADMINISTER PROGRAMS THAT WILL PROVIDE FINANCIAL RESOURCES TO SUPPORT MINNEWASKA LUTHERAN HOME AND ORGANIZATIONS AFFILIATED WITH MINNEWASKA LUTHERAN HOME. THESE PROGRAMS WILL BENEFIT THE ELDERLY AND LONG TERM CARE RECIPIENTS.MINNEWASKA HOME DEVELOPMENT IS GOVERNED BY A TEN PERSON INDEPENDENT BOARD MADE UP OF ONE AT-LARGE COMMUNITY LEADER AND NINE AREA CHURCH MEMBERS. THE BOARD HAS A HISTORY OF COMMITMENT TO ACTING WITH THE HIGHEST INTEGRITY AND HAS BEEN PROACTIVELY EVALUATING OPPORTUNITIES TO ENSURE THE ORGANIZATION CONTINUES TO OPERATE AT ITS MAXIMUM POTENTIAL FOR THE BENEFIT OF THE CLIENTS WE SERVE AND THE COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME. AMOUNT: 396.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GENERAL OPERATING SUPPORT. GRANTEE NAME: MINNEWASKA LUTHERAN HOME. GRANTEE ADDRESS: P.O. BOX 40 STARBUCK, MN 56381. AMOUNT GIVEN: 28,715.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER GENERAL EXPENSES. AMOUNT: 1,877.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: EXCLUDE GLACIER TRAILS NET ASSETS TRANSFERRED TO MINNEWASKA LUTHERAN HOME. AMOUNT: -4,889.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: RESIDENT RECEIVABLES. BEG. OF YEAR AMOUNT: 6,516. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: TRADE PAYABLES. BEG. OF YEAR AMOUNT: 5,812. END OF YEAR AMOUNT: 0. DESCRIPTION: RELATED PARTY PAYABLES. BEG. OF YEAR AMOUNT: 78,734. END OF YEAR AMOUNT: 0. DESCRIPTION: RESIDENT DEPOSITS. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN SEPTEMBER 2017, GLACIAL TRAILS WAS RESTRUCTURED TO BE SUBSIDIARY OF MINNEWASKA LUTHERAN HOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BYLAWS WERE AMENDED IN DECEMBER 2016 TO REMOVE THE MAXIMUM LIMIT OF CONSECUTIVE TERMS EACH DIRECTOR CAN SERVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART V, LINE 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART V, LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAYO ASLAGSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03202392217
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNEWASKA HOME DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411504339
ReturnHeader/Filer/PhoneNum03202392217
ReturnHeader/Filer/USAddress/AddressLine1Txt0605 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0STARBUCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056381
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0747CBC8576B31AC8C59C9DD125B259C96D12AFCC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09A42D6366D3D51F3F9048BFC94845173758B4CC0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:18:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 SOUTH SIXTH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123764500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORY RUTLEDGE
ReturnHeader/ReturnTs02018-08-13T14:33:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.84$0.54$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$0.85$1.12$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.00$1.33$1.02$0.77$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.26$0.12$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$0.51$1.35$0.84
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.00$1.78$0.74$0.17$0.57
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.19$0.23$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.30$0.31$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.16$0.85$1.31$1.18$0.94$0.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$1.06$0.34$0.40$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.00$0.28$0.42$0.14
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.26$0.00$1.26$0.26$0.24$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.27$0.04$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.27$0.25$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.00$0.98$0.35$0.21$0.14