Civic Intelligence

Ideal Scholarship Foundation

EIN 41-1607798 • 501(c)3 • Pequot Lakes, MN

Profile

To provide scholarships to the youth of Ideal Township.

PO Box 422Pequot Lakes, MN 56472

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$306,050

Up $28,069 (+10%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Up

$306,050

Up $28,069 (+10%) from 2016

Operations
Liabilities / Revenue62nd percentileNet Margin94th percentile

Revenue

Up

$39,631

Up $13,329 (+51%) from 2016

Expenses

Up

$11,562

Up $4,200 (+57%) from 2016

Net Income

Up

$28,069

Up $9,129 (+48%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$400K$300K$200K$100K$0Assets 2010: $214,201Net Assets 2010: $214,2012010Assets 2011: $217,931Liabilities 2011: $02011Assets 2012: $262,923Net Assets 2012: $262,9232012Assets 2013: $284,108Liabilities 2013: $0Net Assets 2013: $284,1082013Assets 2014: $281,990Liabilities 2014: $0Net Assets 2014: $281,9902014Assets 2015: $259,041Liabilities 2015: $02015Assets 2016: $277,981Liabilities 2016: $0Net Assets 2016: $277,9812016Assets 2017: $306,050Liabilities 2017: $0Net Assets 2017: $306,0502017

Highlighted filing

2017

Assets$306,050
Liabilities$0
Net Assets$306,050
Open 2017 Filing

Operations Trend

Revenue Growth84th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2010: $15,256Expenses 2010: $8,177Net Income 2010: $7,0792010Revenue 2011: $10,905Expenses 2011: $7,175Net Income 2011: $3,7302011Revenue 2012: $51,672Expenses 2012: $6,680Net Income 2012: $44,9922012Revenue 2013: $34,082Expenses 2013: $12,897Net Income 2013: $21,1852013Revenue 2014: $14,616Expenses 2014: $16,734Net Income 2014: -$2,1182014Revenue 2015: -$5,975Expenses 2015: $16,974Net Income 2015: -$22,9492015Revenue 2016: $26,302Expenses 2016: $7,362Net Income 2016: $18,9402016Revenue 2017: $39,631Expenses 2017: $11,562Net Income 2017: $28,0692017

Highlighted filing

2017

Revenue$39,631
Expenses$11,562
Net Income$28,069
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$306,050
Liabilities
$0
Net assets
$306,050
Revenue
$39,631
Expenses
$11,562
Net income
$28,069
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$0.40$0.12$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.00$2.78$0.26$0.07$0.19
2015Summary only. Only limited summary data is available for this year.$2.59$0.00$0.06$0.17$0.23
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.00$2.82$0.15$0.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.34$0.13$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$2.63$0.52$0.07$0.45
2011Summary only. Only limited summary data is available for this year.$2.18$0.00$0.11$0.07$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$2.14$0.15$0.08$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 1, 2018
Return Version
2017v2.2
Gross Receipts
$39,631
Mission and Program Overview

Mission

To provide scholarships to the youth of Ideal Township.

To provide scholarships to the youths of ideal township, mn. Three scholarships were paid in 2017.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SCHOLARSHIPS TO THE YOUTH OF IDEAL TOWNSHIP. IN 2017, THREE SCHOLARSHIPS WERE DISBURSED.-$8,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DICK MAASPresident-$0--
VICKEY LEONARDVice Preside-$0--
GARY SCHWARTZTreasurer-$0--
JOHN EHLERTDirector-$0--
MARIE SCHMIDDirector-$0--
MIKE SCHWEITERSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ideal Scholarship Foundation
EIN
41-1607798
Phone
2185436827
Address
PO BOX 422, PEQUOT LAKES, MN 56472

Signing Officer

Name
Gary Schwartz
Title
Treasurer
Phone
2185436827
Signed
2018-03-01
Discuss with paid preparer
Yes

Preparer

Firm
Justin Clasen & Company Ltd
Address
PO BOX 90, PEQUOT LAKES, MN 56472-0090
Preparer
Mathias C Justin
Phone
2185685242
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 315 postage and shipping 54 ag fee 25 scholarships 8,000 total 8,394”

Form 990-ez, Part III

“To provide scholarships to the youths of ideal township, mn. Three scholarships were paid in 2017.”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GARY SCHWARTZ
IRS990EZ/BooksInCareOfDetail/PhoneNum02185436827
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 422
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PEQUOT LAKES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0277981
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0306050
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028069
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03168
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0277981
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0306050
IRS990EZ/GrossReceiptsAmt039631
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034131
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0277981
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0306050
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0277981
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0306050
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DICK MAAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VICKEY LEONARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GARY SCHWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN EHLERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARIE SCHMID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE SCHWEITERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08394
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO THE YOUTHS OF IDEAL TOWNSHIP, MN. THREE SCHOLARSHIPS WERE PAID IN 2017.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SCHOLARSHIPS TO THE YOUTH OF IDEAL TOWNSHIP. IN 2017, THREE SCHOLARSHIPS WERE DISBURSED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011562
IRS990EZ/TotalProgramServiceExpensesAmt08000
IRS990EZ/TotalRevenueAmt039631
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt026302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08975
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011616
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031048
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0112072
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt034131
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.11480
IRS990ScheduleA/PublicSupportPY170Pct00.36270
IRS990ScheduleA/PublicSupportTotal170Amt014534
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03034
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014534
IRS990ScheduleA/TotalSupportAmt0126606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 315 POSTAGE AND SHIPPING 54 AG FEE 25 SCHOLARSHIPS 8,000 TOTAL 8,394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE SCHOLARSHIPS TO THE YOUTHS OF IDEAL TOWNSHIP, MN. THREE SCHOLARSHIPS WERE PAID IN 2017.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY SCHWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02185436827
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IDEAL SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IDEA
ReturnHeader/Filer/EIN0411607798
ReturnHeader/Filer/PhoneNum02185436827
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 422
ReturnHeader/Filer/USAddress/CityNm0PEQUOT LAKES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056472
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId078F976AB5D43CF53E8FA4E9CF4EA2EC34E013DD5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07F656F976A31C89FDD8AD52AE1DBE5D3802C210F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.49.69.82
ReturnHeader/FilingSecurityInformation/IPDt02018-03-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:44:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474889790
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JUSTIN CLASEN & COMPANY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 90
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEQUOT LAKES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0564720090
ReturnHeader/PreparerPersonGrp/PhoneNum02185685242
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATHIAS C JUSTIN
ReturnHeader/ReturnTs02018-03-13T17:44:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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 • <$500k nonprofits