Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
38th percentile
Higher top officer pay than 38% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Assets
Up$2,152,613
Up $1,397,393 (+185%) from 2012
Net Assets
Up$1,622,604
Up $867,384 (+115%) from 2012
Liabilities
Up$530,009
Up $530,009 from 2012
Revenue
Up$1,026,192
Up $853,160 (+493%) from 2012
Expenses
Up$158,808
Up $118,410 (+293%) from 2012
Net Income
Up$867,384
Up $734,750 (+554%) from 2012
Mision statement: building community and enhancing the quality of life in east central minnesota tusen tack is a volunteer non-profit organization which owns a used-a-bit thrift store, food shelf, library, event center, and a commercial kitchen. The organization improves the economics of vulnerable families and children, supports the economic development of east central minnesota,advances arts and cultural learning, and encourages volunteerism and social entrepreneurship.
Tusen tack sells donated goods in the thrift store to provide financial support to local charities. The organization is also saving and doing fund raising to build a community center for the small town of braham, mn, which has a population under 2000 people.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $371,370 | $1,989,846 | ▲ $1,618,476 |
| Cash and Non-Interest-Bearing Accounts | $355,850 | $84,065 | ▼ $271,785 |
| Savings and Temporary Cash Investments | - | $50,702 | - |
| Inventories for Sale or Use | $28,000 | $28,000 | → $0 |
| Total Assets | $755,220 | $2,152,613 | ▲ $1,397,393 |
| Liabilities | |||
| Other Liabilities | - | $528,520 | - |
| Accounts Payable and Accrued Expenses | - | $1,489 | - |
| Total Liabilities | $0 | $530,009 | ▲ $530,009 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $755,220 | $1,622,604 | ▲ $867,384 |
| Total Net Assets Fund Balance | $755,220 | $1,622,604 | ▲ $867,384 |
| Total Liabilities and Net Assets / Fund Balance | $755,220 | $2,152,613 | ▲ $1,397,393 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,949,846 | $53,063 | $2,002,909 |
| Land | $40,000 | - | $40,000 |
| Name | Title |
|---|---|
| Lucille Nelson | Chairperson |
| Jane Moyer | Vicechairper |
| Bev Paulson | Director |
| Dave Gardner | Director |
| Denise Luebeck | Director |
| Donna Golly | Director |
| Dorothy Schimmelman | Director |
| Fran Caron | Director |
| Ruth Petersen | Director |
| Jan Sundermeyer | Secretary |
| Dorothy Johnson | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $40,000 | Land Value |
| Total Noncash Contributions | 1 | $40,000 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $158,808 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $53,063 | - | - | $53,063 |
| All Other Expenses | $9,511 | - | - | $9,511 |
| Insurance | $9,268 | - | - | $9,268 |
| Occupancy | $7,770 | - | - | $7,770 |
| Advertising | $7,423 | - | - | $7,423 |
| Other Expenses | $5,742 | - | - | $5,742 |
| Interest | $3,835 | - | - | $3,835 |
| Office Expenses | $2,269 | - | - | $2,269 |
| Information Technology | $795 | - | - | $795 |
| Fees for Services Accounting | $480 | - | - | $480 |
| Conferences and Meetings | $110 | - | - | $110 |
| Total Functional Expenses | $158,808 | $0 | $0 | $158,808 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unity Loan 1445 | $269,112 |
| Unity Loan 1146 | $179,408 |
| Initiative Foundation Loan | $80,000 |
“Form was reviewed at weekly meeting of the governing board.”
“The public is invited to our annual meeting where the documents are available for review. The invitation with time and location is published in the local newspaper for three weeks prior to the meeting. The documents are also available for review at our thrift store.”
“Governing documents are made available upon request as outlined in explanation to part vi, line 18.”
“Tusen tack sells donated goods in the thrift store to provide financial support to local charities. The organization is also saving and doing fund raising to build a community center for the small town of braham, mn, which has a population under 2000 people.”
“Volunteers provide their time and talent for charitable purposes and support the local community and charities.”
“SEE ABOVE EXPLANATION.”
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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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | TUSEN TACK SELLS DONATED GOODS IN THE THRIFT STORE TO PROVIDE FINANCIAL SUPPORT TO LOCAL CHARITIES. THE ORGANIZATION IS ALSO SAVING AND DOING FUND RAISING TO BUILD A COMMUNITY CENTER FOR THE SMALL TOWN OF BRAHAM, MN, WHICH HAS A POPULATION UNDER 2000 PEOPLE. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 7423 |
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| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 9511 |
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| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MN |
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| IRS990/Desc | 0 | THE ORGANIZATION'S SERVICE ACCOMPLISHMENTS MIRROR ITS MISSION PURPOSES. THE PROGRAM SERVICE EXPENSES SUPPORT THE LOCAL COMMUNITY AND THE BETTERMENT OF ITS CITIZENS. |
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| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 40000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 40000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1949846 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 53063 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2002909 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 269112 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 179408 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 80000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNITY LOAN 1445 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | UNITY LOAN 1146 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | INITIATIVE FOUNDATION LOAN |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1989846 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 528520 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | CITY OF BRAHAM |
| IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt | 0 | LAND VALUE |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 40000 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TUSEN TACK SELLS DONATED GOODS IN THE THRIFT STORE TO PROVIDE FINANCIAL SUPPORT TO LOCAL CHARITIES. THE ORGANIZATION IS ALSO SAVING AND DOING FUND RAISING TO BUILD A COMMUNITY CENTER FOR THE SMALL TOWN OF BRAHAM, MN, WHICH HAS A POPULATION UNDER 2000 PEOPLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VOLUNTEERS PROVIDE THEIR TIME AND TALENT FOR CHARITABLE PURPOSES AND SUPPORT THE LOCAL COMMUNITY AND CHARITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SEE ABOVE EXPLANATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM WAS REVIEWED AT WEEKLY MEETING OF THE GOVERNING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PUBLIC IS INVITED TO OUR ANNUAL MEETING WHERE THE DOCUMENTS ARE AVAILABLE FOR REVIEW. THE INVITATION WITH TIME AND LOCATION IS PUBLISHED IN THE LOCAL NEWSPAPER FOR THREE WEEKS PRIOR TO THE MEETING. THE DOCUMENTS ARE ALSO AVAILABLE FOR REVIEW AT OUR THRIFT STORE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AS OUTLINED IN EXPLANATION TO PART VI, LINE 18. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 755220 |
| IRS990/TotalAssetsEOYAmt | 0 | 2152613 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 755220 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2152613 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 1025717 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 158808 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 158808 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 530009 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 530009 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 755220 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1622604 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 158808 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 158808 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 475 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1026192 |
| IRS990/TotalVolunteersCnt | 0 | 135 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 755220 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2152613 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 755220 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 1622604 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 12 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DOROTHY JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3203962167 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-08-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | TUSEN TACK |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TUSE |
| ReturnHeader/Filer/EIN | 0 | 411647405 |
| ReturnHeader/Filer/PhoneNum | 0 | 3203962167 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 208 CENTRAL AVE PO BOX 214 |
| ReturnHeader/Filer/USAddress/City | 0 | BRAHAM |
| ReturnHeader/Filer/USAddress/State | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 55006 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 810649301 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | ALTHOFF & NORDQUIST LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 505 2ND STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | PINE CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 55063 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3206296185 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-08-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT R ALTHOFF |
| ReturnHeader/ReturnTs | 0 | 2014-08-14T16:08:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.