Civic Intelligence

Washburn High School Foundation

990 • Fiscal year 2019 • EIN 41-1578270

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 15, 2020

201 West 49th StreetMinneapolis, MN 55419-2588

(612) 668-3483

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

88th percentile

48%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

172%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$866,863

Up $282,401 (+48%) from 2018

Net Assets

Up

$866,863

Up $282,401 (+48%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$418,244

Up $264,307 (+172%) from 2018

Expenses

Up

$135,843

Up $31,797 (+31%) from 2018

Net Income

Up

$282,401

Up $232,510 (+466%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $96,257Liabilities 2012: $02012Assets 2013: $113,508Liabilities 2013: $02013Assets 2014: $426,780Liabilities 2014: $0Net Assets 2014: $426,7802014Assets 2015: $450,847Liabilities 2015: $02015Assets 2016: $466,294Liabilities 2016: $02016Assets 2017: $534,571Liabilities 2017: $0Net Assets 2017: $534,5712017Assets 2018: $584,462Liabilities 2018: $0Net Assets 2018: $584,4622018Assets 2019: $866,863Liabilities 2019: $0Net Assets 2019: $866,8632019Assets 2020: $910,703Liabilities 2020: $0Net Assets 2020: $910,7032020Assets 2021: $1,051,916Liabilities 2021: $0Net Assets 2021: $1,051,9162021Assets 2022: $952,532Liabilities 2022: $0Net Assets 2022: $952,5322022Assets 2023: $958,195Liabilities 2023: $0Net Assets 2023: $958,1952023Assets 2024: $1,068,776Liabilities 2024: $0Net Assets 2024: $1,068,7762024Assets 2025: $1,167,485Liabilities 2025: $0Net Assets 2025: $1,167,4852025

Highlighted filing

2019

Assets$866,863
Liabilities$0
Net Assets$866,863

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $99,941Expenses 2012: $80,418Net Income 2012: $19,5232012Revenue 2013: $127,081Expenses 2013: $109,829Net Income 2013: $17,2522013Revenue 2014: $429,411Expenses 2014: $116,140Net Income 2014: $313,2712014Revenue 2015: $164,400Expenses 2015: $140,333Net Income 2015: $24,0672015Revenue 2016: $115,534Expenses 2016: $90,859Net Income 2016: $24,6752016Revenue 2017: $166,298Expenses 2017: $98,021Net Income 2017: $68,2772017Revenue 2018: $153,937Expenses 2018: $104,046Net Income 2018: $49,8912018Revenue 2019: $418,244Expenses 2019: $135,843Net Income 2019: $282,4012019Revenue 2020: $158,887Expenses 2020: $115,047Net Income 2020: $43,8402020Revenue 2021: $89,464Expenses 2021: $146,928Net Income 2021: -$57,4642021Revenue 2022: $112,304Expenses 2022: $161,425Net Income 2022: -$49,1212022Revenue 2023: $106,027Expenses 2023: $146,700Net Income 2023: -$40,6732023Revenue 2024: $152,692Expenses 2024: $143,277Net Income 2024: $9,4152024Revenue 2025: $165,549Expenses 2025: $157,059Net Income 2025: $8,4902025

Highlighted filing

2019

Revenue$418,244
Expenses$135,843
Net Income$282,401
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 15, 2020
Return Version
2018v3.0
Gross Receipts
$427,587
Mission and Program Overview

Mission

The Washburn High School Foundation is dedicated to sustaining excellence at Washburn High School by cultivating a support network with alumni and the broader Washburn community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$438,149$682,620▲ $244,471
Cash and Non-Interest-Bearing Accounts$113,870$151,790▲ $37,920
Savings and Temporary Cash Investments$32,443$32,453▲ $10
Loans From Officers Directors$0--
Total Assets$584,462$866,863▲ $282,401
Liabilities
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$584,462$780,916▲ $196,454
Temporarily Rstr Net Assets$0$85,947▲ $85,947
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$584,462$866,863▲ $282,401
Total Liabilities and Net Assets / Fund Balance$584,462$866,863▲ $282,401

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$438,149$243,777▲ $14,380$9,500$682,620
2018$409,514$2,620▲ $33,820$4,000$438,149
2017$364,999$3,560▲ $52,805$8,500$409,514
2016$374,397$8,325▼ $9,237$6,000$364,999
2015$310,526$68,647▲ $2,787$6,000$374,397
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark BachmanPresident
Lisa QuistBoard Manager
Barb DieboldBoard Member
CC StromBoard Member
Carolyn StarkBoard Member
John McCrearyBoard Member
Julie EricksonBoard Member
Kevin YellickBoard Member
Laura StokesBoard Member
Linda ConleyBoard Member
Stephanie SmithBoard Member
Gwenn BranstadSecretary
Jeremy GraffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$407,481
Program Service Revenue
$0
Investment Income
$14,390
Other Revenue
$-3,627
All Other Contributions
$396,989
Change in Net Assets
$282,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$117,704
Other Expenses$18,139
Total Fundraising Expense$1,153
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,134--$79,134
Grants to Domestic Individuals$38,570--$38,570
Office Expenses$10,273$415-$10,688
Fees for Service Investment Mgmnt Fees-$3,780-$3,780
Other Expenses$0$288$1,153$1,441
Fees for Services Accounting-$853-$853
Conferences and Meetings-$350-$350
Fees for Services Other$300--$300
Fees for Services Management-$200-$200
Total Functional Expenses$128,277$6,413$1,153$135,843
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,343
Fundraising Gross Income$5,716
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Tournament$16,208$5,716$2,093$3,623
Total Events$16,208$5,716$9,344$-3,628
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$0--
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
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, Part VI, Section B, Line 11B

Emailed to the Board prior to the next Board meeting

Form 990, Part VI, Section B, Line 12C

WHSF requires annual disclosure of conflict of interest from board members

Form 990, Part VI, Section C, Line 19

Upon request

Filing and Contact Details

Filer

Filer Name
Washburn High School Foundation
EIN
41-1578270
Phone
6126683483
Address
201 West 49th Street, Minneapolis, MN 55419-2588

Signing Officer

Name
Jeremy Graff
Title
Treasurer
Phone
6122303703
Signed
2020-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Graff
Formed
1988
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
18

Preparer

Firm
Fiona Robinson Consulting
Address
3837 29th Ave S, Minneapolis, MN 55406
Preparer
Fiona Robinson
Phone
6123562642
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

To grow the fund to $1 million, then have it provide an annual contribution to the operating budget via a 5% annual withdrawal of the endowment.

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IRS990/OtherExpensesGrp/FundraisingAmt11153
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0527
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1288
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt0527
IRS990/OtherExpensesGrp/TotalAmt11441
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Jeremy Graff
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide grants to Washburn High School for the benefit of the staff, teachers, coaches, and students to support activities and materials not covered by the school's budget. This includes our Semester Mini-Grant Program, capital improvements to facilities, and other more general expenses for classroom and extracurricular student activities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt079434
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Other support for students and staff of Washburn High School
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010093
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0125091
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt087260
IRS990/PYInvestmentIncomeAmt033829
IRS990/PYOtherExpensesAmt016786
IRS990/PYOtherRevenueAmt0-4983
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt049891
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0104046
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0153937
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0282401
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032443
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032453
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Golf event revenue
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0396989
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125091
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0108212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156067
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0889961
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033829
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt052815
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-9227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02804
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094611
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06865
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05665
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09881
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07322
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05529
IRS990ScheduleA/OtherIncome170Grp/TotalAmt035262
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59490
IRS990ScheduleA/PublicSupportPY170Pct00.60861
IRS990ScheduleA/PublicSupportTotal170Amt0606697
IRS990ScheduleA/SubstantialContributorsTotAmt0283264
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0396989
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125091
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0103602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0108212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0156067
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0889961
IRS990ScheduleA/TotalSupportAmt01019834
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.87
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt04186
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0438149
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0243777
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0682620
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt014380
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt09500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03805
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0409514
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02620
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0438149
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033820
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt04000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03350
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0364999
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0409514
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt052805
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt08500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02486
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0374397

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.17$0.16$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.15$0.14$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.11$0.15$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.11$0.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.09$0.15$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.16$0.12$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.42$0.14$0.28
2018Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.15$0.10$0.05
2017Summary only. Only limited summary data is available for this year.$0.53$0.00$0.53$0.17$0.10$0.07
2016Summary only. Only limited summary data is available for this year.$0.47$0.00$0.12$0.09$0.02
2015Summary only. Only limited summary data is available for this year.$0.45$0.00$0.16$0.14$0.02
2014Summary only. Only limited summary data is available for this year.$0.43$0.00$0.43$0.43$0.12$0.31
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.13$0.11$0.02
2012Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.08$0.02