Civic Intelligence

Aitkin County Growth Inc

EIN 41-1555856 • 501(c)3 • Aitkin, MN

Profile

Promoting economic development opportunities to the surrounding area, providing incentives for new businesses to locate in the aitkin area, and creating new employment opportunities

316 First Avenue NWAitkin, MN 56431

n/A

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.43x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

24%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$1,649,084

Up $316,764 (+24%) from 2023

Liabilities

Up

$177,810

Up $163,432 (+1137%) from 2023

Net Assets

Up

$1,471,274

Up $153,332 (+12%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin84th percentile

Revenue

Up

$416,035

Up $509,372 (+546%) from 2023

Expenses

Down

$261,726

Down $57,307 (-18%) from 2023

Net Income

Up

$154,309

Up $566,679 (+137%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,838,575Liabilities 2010: $989,817Net Assets 2010: $1,848,7582010Assets 2011: $2,732,235Liabilities 2011: $912,275Net Assets 2011: $1,819,9602011Assets 2012: $2,689,160Liabilities 2012: $844,814Net Assets 2012: $1,844,3462012Assets 2013: $2,764,255Liabilities 2013: $738,932Net Assets 2013: $2,025,3232013Assets 2014: $3,179,913Liabilities 2014: $822,974Net Assets 2014: $2,356,9392014Assets 2015: $3,412,888Liabilities 2015: $676,076Net Assets 2015: $2,736,8122015Assets 2016: $4,037,846Liabilities 2016: $462,109Net Assets 2016: $3,575,7372016Assets 2017: $3,530,087Liabilities 2017: $23,693Net Assets 2017: $3,506,3942017Assets 2018: $2,870,842Liabilities 2018: $44,292Net Assets 2018: $2,826,5502018Assets 2019: $2,220,447Liabilities 2019: $191,721Net Assets 2019: $2,028,7262019Assets 2020: $1,822,666Liabilities 2020: $8,324Net Assets 2020: $1,814,3422020Assets 2021: $1,762,985Liabilities 2021: $21,243Net Assets 2021: $1,741,7422021Assets 2022: $1,754,960Liabilities 2022: $46,224Net Assets 2022: $1,708,7362022Assets 2023: $1,332,320Liabilities 2023: $14,378Net Assets 2023: $1,317,9422023Assets 2024: $1,649,084Liabilities 2024: $177,810Net Assets 2024: $1,471,2742024

Highlighted filing

2024

Assets$1,649,084
Liabilities$177,810
Net Assets$1,471,274
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $370,2122010Expenses 2011: $324,1072011Expenses 2012: $307,7022012Revenue 2013: $480,003Expenses 2013: $289,718Net Income 2013: $190,2852013Revenue 2014: $779,735Expenses 2014: $552,671Net Income 2014: $227,0642014Revenue 2015: $984,720Expenses 2015: $593,489Net Income 2015: $391,2312015Revenue 2016: $1,244,386Expenses 2016: $592,539Net Income 2016: $651,8472016Revenue 2017: $207,504Expenses 2017: $300,820Net Income 2017: -$93,3162017Revenue 2018: $162,242Expenses 2018: $1,505,866Net Income 2018: -$1,343,6242018Revenue 2019: $245,287Expenses 2019: $402,595Net Income 2019: -$157,3082019Revenue 2020: $99,830Expenses 2020: $299,377Net Income 2020: -$199,5472020Revenue 2021: $120,445Expenses 2021: $193,045Net Income 2021: -$72,6002021Revenue 2022: $286,387Expenses 2022: $319,393Net Income 2022: -$33,0062022Revenue 2023: -$93,337Expenses 2023: $319,033Net Income 2023: -$412,3702023Revenue 2024: $416,035Expenses 2024: $261,726Net Income 2024: $154,3092024

Highlighted filing

2024

Revenue$416,035
Expenses$261,726
Net Income$154,309
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,649,084
Liabilities
$177,810
Net assets
$1,471,274
Revenue
$416,035
Expenses
$261,726
Net income
$154,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.18$1.47$0.42$0.26$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.01$1.32$0.09$0.32$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.05$1.71$0.29$0.32$0.03
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.76$0.02$1.74$0.12$0.19$0.07
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.82$0.01$1.81$0.10$0.30$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.19$2.03$0.25$0.40$0.16
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.87$0.04$2.83$0.16$1.51$1.34
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.53$0.02$3.51$0.21$0.30$0.09
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.04$0.46$3.58$1.24$0.59$0.65
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.41$0.68$2.74$0.98$0.59$0.39
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.82$2.36$0.78$0.55$0.23
2013Detailed filing. Detailed filing data is available for this year.$2.76$0.74$2.03$0.48$0.29$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.84$1.84$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.91$1.82$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.99$1.85$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$416,035
Mission and Program Overview

Mission

Promoting economic development opportunities to the surrounding area, providing incentives for new businesses to locate in the aitkin area, and creating new employment opportunities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$386,550$528,907▲ $142,357
Other Notes and Loans Receivable, Net$157,782$442,274▲ $284,492
Savings and Temporary Cash Investments$318,850$334,271▲ $15,421
Cash and Non-Interest-Bearing Accounts$460,300$330,565▼ $129,735
Investments in Publicly Traded Securities$4,060$4,070▲ $10
Prepaid Expenses and Deferred Charges$4,263$3,997▼ $266
Accounts Receivable$515--
Total Assets$1,332,320$1,649,084▲ $316,764
Other Assets Total-$5,000-
Liabilities
Accounts Payable and Accrued Expenses$6,739$168,106▲ $161,367
Other Liabilities$7,639$9,704▲ $2,065
Total Liabilities$14,378$177,810▲ $163,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,112,199$1,219,985▲ $107,786
Net Assets With Donor Restrictions$205,743$251,289▲ $45,546
Total Net Assets Fund Balance$1,317,942$1,471,274▲ $153,332
Total Liabilities and Net Assets / Fund Balance$1,332,320$1,649,084▲ $316,764

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$243,330$855,442$1,098,772
Land$284,234-$284,234
Equipment$1,343$61,671$63,014
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Stan GustafsonExecutive DiFT$85,032$85,032

Board Members and Trustees

NameTitle
Pat MurphyBoard Chair
Gary TibbittsBoard Vice C
Mark BalounDirector
Tim WoodrowDirector
Mary PoetzSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$329,146
Program Service Revenue
$62,612
Investment Income
$24,277
Other Revenue
$0
All Other Contributions
$286,867
Change in Net Assets
$154,309

Audited Revenue Reconciliation

Revenue per Audited Statements
$415,785
Revenue Not Reported on Financial Statements
$250
Other Revenue Adjustments
$250
Total Revenue per Audited Statements
$415,785
Total Revenue per Form 990
$416,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$163,489
Other Expenses$98,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$33,132$51,900-$85,032
Other Salaries and Wages$25,984$40,701-$66,685
Occupancy$26,696$5,520-$32,216
Insurance$15,292$5,098-$20,390
Other Expenses$12,909--$12,909
Payroll Taxes$4,587$7,185-$11,772
Depreciation Depletion$11,637--$11,637
Office Expenses$5,681$3,544-$9,225
Fees for Services Accounting-$7,188-$7,188
Advertising$2,848--$2,848
Conferences and Meetings$1,824--$1,824
Total Functional Expenses$140,590$121,136$0$261,726

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$262,453
Expenses per Audited Statements$261,726
Total Expenses per Form 990$261,726
Expenses Not Reported on Form 990$727
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$6,729
Tenant Ppd Rent$2,975
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The chairman of the board reviews and approves the 990 before filing”

Form 990, Page 6, Part VI, Line 19

“Documents of public record are made available upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Aitkin County Growth Inc
EIN
41-1555856
Phone
2189272172
Address
316 FIRST AVENUE NW, AITKIN, MN 56431
Doing Business As
Growth Innovations

Signing Officer

Name
Stan Gustafson
Title
Executive Director
Phone
2189272172
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Murphy
Formed
1985
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
8

Preparer

Firm
B Johnson & Assoc Ltd
Address
416 S 6TH ST STE 200, BRAINERD, MN 56401-3580
Preparer
Christopher B Ford CPA
Phone
2188293501
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Promoting economic development opportunities to the surrounding area, providing incentives for new businesses to locate in the aitkin area, and creating new employment opportunities”

Form 990, Part XI, Line 9

“Gain on sales of assets -250 gain on sale of assets 250 book / tax depreciation difference -977 total -977”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

“Gain on sales of assets 250”

Schedule D, Page 4, Part XII, Line 2D

“Gain on sale of assets -250 book / tax depreciation difference 977”

Raw XML AppendixShowing 400 of 442 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06739
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0168106
IRS990/AccountsReceivableGrp/BOYAmt0515
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990/AdvertisingGrp/ProgramServicesAmt02848
IRS990/AdvertisingGrp/TotalAmt02848
IRS990/AllOtherContributionsAmt0286867
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0STAN GUSTAFSON
IRS990/BooksInCareOfDetail/PhoneNum02189272172
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0316 1ST AVENUE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0AITKIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056431
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0460300
IRS990/CashNonInterestBearingGrp/EOYAmt0330565
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt051900
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt033132
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085032
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01824
IRS990/ConferencesMeetingsGrp/TotalAmt01824
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0329146
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt024277
IRS990/CYOtherExpensesAmt098237
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt062612
IRS990/CYRevenuesLessExpensesAmt0154309
IRS990/CYSalariesCompEmpBnftPaidAmt0163489
IRS990/CYTotalExpensesAmt0261726
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0416035
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011637
IRS990/DepreciationDepletionGrp/TotalAmt011637
IRS990/Desc0MISSION: JOB CREATION AND AIDING THE ECONOMIC DEVELOPMENT AND DIVERSIFICATION OF AITKIN COUNTY, MN BY PROVIDING FINANCING AND INCUBATOR SPACE TO DEVELOPING BUSINESS AND BY SERVING AS A CONDUIT FOR SPECIALIZED FUNDING AND OPERATIONAL GUIDANCE FOR AGRICULTURAL PRODUCT DIVERSIFICATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0GROWTH INNOVATIONS
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0205743
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0251289
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0140590
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07188
IRS990/FeesForServicesAccountingGrp/TotalAmt07188
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt535.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0PAT MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY TIBBITTS
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY POETZ
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM WOODROW
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK BALOUN
IRS990/Form990PartVIISectionAGrp/PersonNm5STAN GUSTAFSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt585032
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0250
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt042279
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0250
IRS990/GrossReceiptsAmt0416035
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05098
IRS990/InsuranceGrp/ProgramServicesAmt015292
IRS990/InsuranceGrp/TotalAmt020390
IRS990/InvestmentIncomeGrp/ExclusionAmt024027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024027
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04060
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04070
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0917113
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0386550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0528907
IRS990/LandBldgEquipCostOrOtherBssAmt01446020
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01317942
IRS990/NetAssetsOrFundBalancesEOYAmt01471274
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0250
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0250
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01112199
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01219985
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05520
IRS990/OccupancyGrp/ProgramServicesAmt026696
IRS990/OccupancyGrp/TotalAmt032216
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03544
IRS990/OfficeExpensesGrp/ProgramServicesAmt05681
IRS990/OfficeExpensesGrp/TotalAmt09225
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt05000
IRS990/OtherChangesInNetAssetsAmt0-977
IRS990/OtherExpensesGrp/Desc0MAINTENANCE/REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt012909
IRS990/OtherExpensesGrp/TotalAmt012909
IRS990/OtherLiabilitiesGrp/BOYAmt07639
IRS990/OtherLiabilitiesGrp/EOYAmt09704
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040701
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt025984
IRS990/OtherSalariesAndWagesGrp/TotalAmt066685
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0157782
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0442274
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07185
IRS990/PayrollTaxesGrp/ProgramServicesAmt04587
IRS990/PayrollTaxesGrp/TotalAmt011772
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04263
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03997
IRS990/PrincipalOfficerNm0PAT MURPHY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0BUSINESS INCUBATOR INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt062612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt062612
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0167098
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-341968
IRS990/PYOtherExpensesAmt0165611
IRS990/PYProgramServiceRevenueAmt081533
IRS990/PYRevenuesLessExpensesAmt0-412370
IRS990/PYSalariesCompEmpBnftPaidAmt0153422
IRS990/PYTotalExpensesAmt0319033
IRS990/PYTotalRevenueAmt0-93337
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0154309
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt062612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0318850
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0334271
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0329146
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0167098
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0234303
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt045817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0120698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0897062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0-8398
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt030369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022255
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt081533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt060332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt041689
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0293033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0-8398
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt030369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt022255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082670
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93500
IRS990ScheduleA/PublicSupportPY509Pct00.92740
IRS990ScheduleA/PublicSupportTotal509Amt01190095
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0391758
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0248631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0294635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt087506
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0167565
IRS990ScheduleA/Total509Grp/TotalAmt01190095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0415785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0263048
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0286237
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0117875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0189820
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01272765
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0243330
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0855442
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01098772
IRS990ScheduleD/EquipmentGrp/BookValueAmt01343
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061671
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063014
IRS990ScheduleD/ExpensesNotReportedAmt0727
IRS990ScheduleD/ExpensesSubtotalAmt0261726
IRS990ScheduleD/LandGrp/BookValueAmt0284234
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0284234
IRS990ScheduleD/OtherExpensesIncludedAmt0727
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT PPD RENT
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0250
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0250
IRS990ScheduleD/RevenueSubtotalAmt0415785
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAIN ON SALES OF ASSETS 250
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GAIN ON SALE OF ASSETS -250 BOOK / TAX DEPRECIATION DIFFERENCE 977
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0528907
IRS990ScheduleD/TotalExpensesPerForm990Amt0261726
IRS990ScheduleD/TotalLiabilityAmt09704
IRS990ScheduleD/TotalRevenuePerForm990Amt0416035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0415785
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0262453
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN OF THE BOARD REVIEWS AND APPROVES THE 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS OF PUBLIC RECORD ARE MADE AVAILABLE UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GAIN ON SALES OF ASSETS -250 GAIN ON SALE OF ASSETS 250 BOOK / TAX DEPRECIATION DIFFERENCE -977 TOTAL -977
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACG LEGACY FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0832728556
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt012A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0316 1ST AVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AITKIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd056431
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ACG LEGACY FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ACG LEGACY FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01332320
IRS990/TotalAssetsEOYAmt01649084
IRS990/TotalAssetsGrp/BOYAmt01332320
IRS990/TotalAssetsGrp/EOYAmt01649084
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0329146
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0121136
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140590
IRS990/TotalFunctionalExpensesGrp/TotalAmt0261726
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014378
IRS990/TotalLiabilitiesEOYAmt0177810
IRS990/TotalLiabilitiesGrp/BOYAmt014378
IRS990/TotalLiabilitiesGrp/EOYAmt0177810
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01317942
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01471274
IRS990/TotalProgramServiceExpensesAmt0140590
IRS990/TotalProgramServiceRevenueAmt062612
IRS990/TotalReportableCompFromOrgAmt085032
IRS990/TotalRevenueGrp/ExclusionAmt024027
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0416035
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01332320

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1M-$5M nonprofits