Civic Intelligence

The Northwest Minnesota Foundation

990 • Fiscal year 2013 • EIN 41-1556013

Jul 01, 2012 to Jun 30, 2013 • Filed on Dec 18, 2013

201 3rd St NWBemidji, MN 56601
Siviq Scores

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

Liabilities / Assets

23rd percentile

0.10x

Higher debt load relative to assets than 23% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

65th percentile

0.77x

Higher debt load relative to revenue than 65% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Net Margin

85th percentile

34%

Higher net margin than 85% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M 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

Up

$53,461,348

Up $5,249,124 (+11%) from 2012

Net Assets

Up

$48,324,778

Up $4,478,482 (+10%) from 2012

Liabilities

Up

$5,136,570

Up $770,642 (+18%) from 2012

Revenue

$6,668,800

No earlier filing loaded for comparison.

Expenses

Up

$4,409,928

Up $73,161 (+1.7%) from 2012

Net Income

$2,258,872

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.

$150M$100M$50M$0Assets 2011: $47,040,855Liabilities 2011: $4,159,284Net Assets 2011: $42,881,5712011Assets 2012: $48,212,224Liabilities 2012: $4,365,928Net Assets 2012: $43,846,2962012Assets 2013: $53,461,348Liabilities 2013: $5,136,570Net Assets 2013: $48,324,7782013Assets 2014: $60,544,103Liabilities 2014: $5,269,337Net Assets 2014: $55,274,7662014Assets 2015: $63,308,373Liabilities 2015: $4,579,519Net Assets 2015: $58,728,8542015Assets 2016: $64,325,121Liabilities 2016: $4,355,268Net Assets 2016: $59,969,8532016Assets 2017: $70,311,259Liabilities 2017: $4,436,023Net Assets 2017: $65,875,2362017Assets 2018: $74,567,715Liabilities 2018: $5,312,550Net Assets 2018: $69,255,1652018Assets 2019: $79,827,885Liabilities 2019: $6,145,083Net Assets 2019: $73,682,8022019Assets 2020: $83,430,885Liabilities 2020: $7,627,327Net Assets 2020: $75,803,5582020Assets 2021: $98,196,551Liabilities 2021: $9,509,076Net Assets 2021: $88,687,4752021Assets 2022: $91,824,995Liabilities 2022: $7,562,414Net Assets 2022: $84,262,5812022Assets 2023: $96,817,979Liabilities 2023: $6,488,947Net Assets 2023: $90,329,0322023Assets 2024: $103,397,318Liabilities 2024: $6,609,681Net Assets 2024: $96,787,6372024Assets 2025: $110,665,406Liabilities 2025: $5,676,412Net Assets 2025: $104,988,9942025

Highlighted filing

2013

Assets$53,461,348
Liabilities$5,136,570
Net Assets$48,324,778

Operations Trend

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

$20M$10M$0-$10MExpenses 2011: $4,426,8772011Expenses 2012: $4,336,7672012Revenue 2013: $6,668,800Expenses 2013: $4,409,928Net Income 2013: $2,258,8722013Revenue 2014: $8,756,899Expenses 2014: $4,163,735Net Income 2014: $4,593,1642014Revenue 2015: $10,052,019Expenses 2015: $5,859,185Net Income 2015: $4,192,8342015Revenue 2016: $6,947,268Expenses 2016: $5,166,682Net Income 2016: $1,780,5862016Revenue 2017: $9,792,080Expenses 2017: $5,159,291Net Income 2017: $4,632,7892017Revenue 2018: $9,143,161Expenses 2018: $5,741,869Net Income 2018: $3,401,2922018Revenue 2019: $8,970,860Expenses 2019: $7,139,073Net Income 2019: $1,831,7872019Revenue 2020: $7,618,123Expenses 2020: $7,174,697Net Income 2020: $443,4262020Revenue 2021: $11,498,947Expenses 2021: $9,615,039Net Income 2021: $1,883,9082021Revenue 2022: $19,432,128Expenses 2022: $10,217,253Net Income 2022: $9,214,8752022Revenue 2023: $7,810,635Expenses 2023: $8,791,846Net Income 2023: -$981,2112023Revenue 2024: $13,002,983Expenses 2024: $12,711,702Net Income 2024: $291,2812024Revenue 2025: $11,071,050Expenses 2025: $10,149,806Net Income 2025: $921,2442025

Highlighted filing

2013

Revenue$6,668,800
Expenses$4,409,928
Net Income$2,258,872
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Dec 18, 2013
Return Version
2012v2.1
Gross Receipts
$14,501,654
Mission and Program Overview

Mission

The northwest minnesota foundation invests resources, facilitates collaboration, and promote philanthropy to make the region a better place to live and work.

Filing and Contact Details

Filer

EIN
41-1556013
Raw XML AppendixShowing 400 of 989 raw XML fields

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IRS990/Description0STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSA) TRAINING AND EDUCATIONTHE FOUNDATION IS COMMITTED TO STRENGTHENING THE ABILITY OF THE REGION'S COMMUNITIES AND ORGANIZATIONS TO CONFRONT PROBLEMS AND ISSUES WITH GOOD DECISION-MAKING SKILLS. THE FOUNDATION BELIEVES THAT SKILLED LEADERSHIP IS ESSENTIAL TO ENSURE THAT PEOPLE RETAIN THE ABILITY TO CREATE A BRIGHT FUTURE FOR THE AREA, AS LEADERSHIP IS A KEY INGREDIENT IN IMPLEMENTING CONSTRUCTIVE CHANGE.A TOTAL OF $452,807 WAS SPENT FOR TRAINING AND EDUCATION IN FY 2013 AND INCLUDED THE FOLLOWING ACTIVITIES: TWO TWO-DAY, ONE-NIGHT AND TWO ONE-DAY ELEMENTARY AND MIDDLE SCHOOL YOUTH LEADERSHIP SESSIONS WERE HELD IN THE FALL OF 2012 WITH 123 PARTICIPANTS. THE RETREAT PARTICIPANTS RETURNED IN THE WINTER FOR TWO TWO-DAY, ONE-NIGHT SESSIONS. A SERIES OF FIFTEEN WORKSHOPS FOR NON-PROFIT MIDDLE-MANAGEMENT AND ABOVE WERE DELIVERED. OVERALL, THERE WERE 340 PARTICIPANTS. TWO ORGANIZATIONAL ASSESSMENTS WERE CONDUCTED THAT WILL ALLOW THESE PARTICIPATING ORGANIZATIONS TO ACCESS TECHNICAL ASSISTANCE GRANTS. AN ADDITIONAL TWELVE NON-PROFITS RECEIVED TECHNICAL ASSISTANCE. LEADERIMPACT TRAINING WAS DELIVERED TO NINETEEN PARTICIPANTS IN FY 2013. THIS REPRESENTS ONE PROGRAM CONSISTING OF TWO RETREATS SEPARATED BY THREE MONTHS DURING WHICH EACH PARTICIPANT RECEIVES PROFESSIONAL COACHING. FORTY-FIVE LEADERIMPACT ALUMNI ATTENDED A FOLLOW-UP SESSION. TECHNICAL ASSISTANCE IS AVAILABLE TO HELP ENTREPRENEURS UNDERSTAND THEIR STRENGTHS AND NEEDS IN ESTABLISHING OR EXPANDING A SELF-EMPLOYMENT OPPORTUNITY. INDIVIDUAL TRAINING WAS PROVIDED THROUGHOUT THE REGION. ADDITIONAL SUPPORT WAS PROVIDED TO ECONOMIC CONFERENCES AND TRAINING PROGRAMS IN THE REGION.B) GRANTSGRANT PROGRAMS HAVE BEEN ESTABLISHED PROVIDING FLEXIBILITY TO NONPROFIT ORGANIZATIONS AND PUBLIC AGENCIES AS THEY ADDRESS ORGANIZATIONAL, COMMUNITY AND REGIONAL ISSUES. EACH PROGRAM HAS ITS OWN SET OF PRIORITIES, ELIGIBILITY AND REVIEW PROCESS.A TOTAL OF $1,244,318 WAS AWARDED FOR GRANT PROGRAMS IN FY 2013 AND INCLUDED THE FOLLOWING: FOUR GRANTS TOTALING $7,875 WERE AWARDED FOR CONTINUING SUPPORT OF SMALL BUSINESSES TO RECEIVE ASSISTANCE WITH BUSINESS MANAGEMENT TECHNIQUES. GRANTS ARE MADE TO PROMOTE, PRESERVE OR ADD VALUE TO THE REGIONS NATURAL RESOURCE BASE. ONE GRANT TOTALING $19,000 FOR RESEARCH AND TWO GRANTS TOTALING $27,500 FOR PROMOTION AND PRESERVATION WERE AWARDED UNDER THIS PROGRAM. FOURTEEN GRANTS TOTALING $211,357 WERE AWARDED FOR JOINT VENTURES THAT SPECIFICALLY ADDRESS THE NEEDS OF CHILDREN, FAMILIES AND THE ELDERLY. AS PART OF THE FOUNDATIONS COMMITMENT TO STRENGTHEN THE CAPACITY OF INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES TO SHAPE THEIR FUTURE, WE ADMINISTER COMPONENT FUNDS TO ASSIST COMMUNITIES AND NONPROFIT AGENCIES IN BUILDING THEIR RESOURCES. THERE WERE 380 COMPONENT FUNDS UNDER THIS PROGRAM. A TOTAL OF 344 GRANTS AND SCHOLARSHIPS TOTALING $750,640 WERE AWARDED IN FY 2013. TWO GRANTS TOTALING $20,000 WERE AWARDED FOR THE DEVELOPMENT AND IMPLEMENTATION OF PLANS TO MANAGE GROWTH AND CONTROL DEVELOPMENT WITHIN COMMUNITIES. TWELVE GRANTS TOTALING $144,814 WERE AWARDED TO LOCAL GOVERNMENTS FOR COMMUNITY AND ECONOMIC DEVELOPMENT. THREE GRANTS TOTALING $45,000 WERE AWARDED UNDER A PROGRAM TO HELP ORGANIZATIONS DEVELOP NEW NETWORKS, FOSTER COALITION BUILDING, AND PROMOTE COLLABORATIONS BETWEEN HUMAN SERVICE PROVIDERS, OTHER ORGANIZATIONS, AND/OR PUBLIC AGENCIES. SEVEN GRANTS TOTALING $43,000 WERE AWARDED UNDER THE IDEA (INGENUITY DRIVES ENTREPRENEUR ACCELERATION) PROGRAM, WHICH ASSISTS PROMISING LOCAL ENTREPRENEURS IN THE COMMERCIALIZATION OF INNOVATIVE PRODUCTS, PROCESSES AND DELIVERIES BY CONNECTING THEM TO THE BEST RESOURCES AVAILABLE. ONE GRANT TOTALING $2,000 WAS AWARDED UNDER THE SUSTAINING COMMUNITY SUCCESS TECHNICAL ASSISTANT PROGRAM. THIS PROGRAM FOR COMPONENT FUNDS HAS A TRAINING COMPONENT CONSISTING OF FOUR WORKSHOPS DESIGNED FOR FUND ADVISORY GROUPS: STRATEGIC PLANNING, MARKETING, FUND DEVELOPMENT AND CREATING A LEGACY (GRANTMAKING
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$111$5.68$105$11.1$10.1$0.92
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$103$6.61$96.8$13.0$12.7$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.8$6.49$90.3$7.81$8.79$0.98
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.8$7.56$84.3$19.4$10.2$9.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.2$9.51$88.7$11.5$9.62$1.88
2020Detailed filing. Detailed filing data is available for this year.$83.4$7.63$75.8$7.62$7.17$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.8$6.15$73.7$8.97$7.14$1.83
2018Detailed filing. Detailed filing data is available for this year.$74.6$5.31$69.3$9.14$5.74$3.40
2017Detailed filing. Detailed filing data is available for this year.$70.3$4.44$65.9$9.79$5.16$4.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.3$4.36$60.0$6.95$5.17$1.78
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.3$4.58$58.7$10.1$5.86$4.19
2014Detailed filing. Detailed filing data is available for this year.$60.5$5.27$55.3$8.76$4.16$4.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.5$5.14$48.3$6.67$4.41$2.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.2$4.37$43.8$4.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$4.16$42.9$4.43