Civic Intelligence

Tusen Tack

990 • Fiscal year 2013 • EIN 41-1647405

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 11, 2014

208 Central Ave PO Box 214Braham, MN 55006

(320) 396-2167

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.25x

Higher debt load relative to assets than 63% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

76th percentile

0.52x

Higher debt load relative to revenue than 76% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

98th percentile

185%

Faster asset growth than 98% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

98th percentile

493%

Faster revenue growth than 98% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

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

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $622,586Liabilities 2011: $0Net Assets 2011: $622,5862011Assets 2012: $755,220Liabilities 2012: $0Net Assets 2012: $755,2202012Assets 2013: $2,152,613Liabilities 2013: $530,009Net Assets 2013: $1,622,6042013Assets 2014: $2,831,966Liabilities 2014: $1,071,787Net Assets 2014: $1,760,1792014Assets 2015: $2,663,361Liabilities 2015: $1,014,089Net Assets 2015: $1,649,2722015Assets 2016: $2,572,048Liabilities 2016: $941,939Net Assets 2016: $1,630,1092016Assets 2017: $2,531,771Liabilities 2017: $874,670Net Assets 2017: $1,657,1012017Assets 2018: $2,594,872Liabilities 2018: $889,647Net Assets 2018: $1,705,2252018Assets 2019: $2,632,220Liabilities 2019: $860,051Net Assets 2019: $1,772,1692019Assets 2020: $2,663,978Liabilities 2020: $852,439Net Assets 2020: $1,811,5392020Assets 2021: $2,742,136Liabilities 2021: $782,660Net Assets 2021: $1,959,4762021Assets 2022: $2,781,720Liabilities 2022: $650,147Net Assets 2022: $2,131,5732022Assets 2023: $2,755,663Liabilities 2023: $516,279Net Assets 2023: $2,239,3842023Assets 2024: $2,720,706Liabilities 2024: $316,956Net Assets 2024: $2,403,7502024

Highlighted filing

2013

Assets$2,152,613
Liabilities$530,009
Net Assets$1,622,604

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $230,280Expenses 2011: $63,170Net Income 2011: $167,1102011Revenue 2012: $173,032Expenses 2012: $40,398Net Income 2012: $132,6342012Revenue 2013: $1,026,192Expenses 2013: $158,808Net Income 2013: $867,3842013Revenue 2014: $426,529Expenses 2014: $288,954Net Income 2014: $137,5752014Revenue 2015: $336,041Expenses 2015: $301,383Net Income 2015: $34,6582015Revenue 2016: $293,835Expenses 2016: $312,998Net Income 2016: -$19,1632016Revenue 2017: $351,470Expenses 2017: $324,478Net Income 2017: $26,9922017Revenue 2018: $298,717Expenses 2018: $250,593Net Income 2018: $48,1242018Revenue 2019: $353,477Expenses 2019: $286,533Net Income 2019: $66,9442019Revenue 2020: $291,086Expenses 2020: $251,716Net Income 2020: $39,3702020Revenue 2021: $432,392Expenses 2021: $284,455Net Income 2021: $147,9372021Revenue 2022: $527,351Expenses 2022: $355,254Net Income 2022: $172,0972022Revenue 2023: $620,359Expenses 2023: $512,548Net Income 2023: $107,8112023Revenue 2024: $701,851Expenses 2024: $537,490Net Income 2024: $164,3612024

Highlighted filing

2013

Revenue$1,026,192
Expenses$158,808
Net Income$867,384
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 11, 2014
Return Version
2013v3.1
Gross Receipts
$1,026,192
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,949,846$53,063$2,002,909
Land$40,000-$40,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lucille NelsonChairperson
Jane MoyerVicechairper
Bev PaulsonDirector
Dave GardnerDirector
Denise LuebeckDirector
Donna GollyDirector
Dorothy SchimmelmanDirector
Fran CaronDirector
Ruth PetersenDirector
Jan SundermeyerSecretary
Dorothy JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,025,717
Program Service Revenue
$0
Investment Income
$475
Other Revenue
$0
All Other Contributions
$200,117
Change in Net Assets
$867,384

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$40,000Land Value
Total Noncash Contributions1$40,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
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
Unity Loan 1445$269,112
Unity Loan 1146$179,408
Initiative Foundation Loan$80,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

Form was reviewed at weekly meeting of the governing board.

Form 990, Page 6, Part VI, Line 18

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.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request as outlined in explanation to part vi, line 18.

Filing and Contact Details

Filer

EIN
41-1647405
Phone
3203962167

Signing Officer

Name
Dorothy Johnson
Title
Treasurer
Phone
3203962167
Signed
2014-08-11

Organization Details

Formed
1989
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
0
Employees
0
Volunteers
135

Preparer

Preparer
Robert R Althoff
Phone
3206296185
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

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.

Form 990, Page 1, Part I, Line 6

Volunteers provide their time and talent for charitable purposes and support the local community and charities.

Form 990, Page 2, Part III, Line 4D

SEE ABOVE EXPLANATION.

Raw XML Appendix375 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.

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IRS990ScheduleA/PublicSupportTotal170Amt01398129
IRS990ScheduleA/SubstantialContributorsTotAmt037209
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01025717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0172838
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0144137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt036957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01435338
IRS990ScheduleA/TotalSupportAmt01439555
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/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01949846
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053063
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02002909
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0269112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1179408
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt280000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNITY LOAN 1445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNITY LOAN 1146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INITIATIVE FOUNDATION LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01989846
IRS990ScheduleD/TotalLiabilityAmt0528520
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0CITY OF BRAHAM
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0LAND VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt040000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TUSEN 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/ExplanationTxt1VOLUNTEERS PROVIDE THEIR TIME AND TALENT FOR CHARITABLE PURPOSES AND SUPPORT THE LOCAL COMMUNITY AND CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEE ABOVE EXPLANATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM WAS REVIEWED AT WEEKLY MEETING OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AS OUTLINED IN EXPLANATION TO PART VI, LINE 18.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0755220
IRS990/TotalAssetsEOYAmt02152613
IRS990/TotalAssetsGrp/BOYAmt0755220
IRS990/TotalAssetsGrp/EOYAmt02152613
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01025717
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0158808
IRS990/TotalFunctionalExpensesGrp/TotalAmt0158808
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0530009
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0530009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0755220
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01622604
IRS990/TotalOtherProgSrvcExpenseAmt0158808
IRS990/TotalProgramServiceExpensesAmt0158808
IRS990/TotalRevenueGrp/ExclusionAmt0475
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01026192
IRS990/TotalVolunteersCnt0135
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0755220
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02152613
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0755220
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01622604
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOROTHY JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03203962167
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10TUSEN TACK
ReturnHeader/Filer/BusinessNameControlTxt0TUSE
ReturnHeader/Filer/EIN0411647405
ReturnHeader/Filer/PhoneNum03203962167
ReturnHeader/Filer/USAddress/AddressLine10208 CENTRAL AVE PO BOX 214
ReturnHeader/Filer/USAddress/City0BRAHAM
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810649301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ALTHOFF & NORDQUIST LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10505 2ND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0PINE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode055063
ReturnHeader/PreparerPersonGrp/PhoneNum03206296185
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT R ALTHOFF
ReturnHeader/ReturnTs02014-08-14T16:08:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.32$2.40$0.70$0.54$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.52$2.24$0.62$0.51$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.65$2.13$0.53$0.36$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.78$1.96$0.43$0.28$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.85$1.81$0.29$0.25$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.86$1.77$0.35$0.29$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.89$1.71$0.30$0.25$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.87$1.66$0.35$0.32$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.94$1.63$0.29$0.31$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.66$1.01$1.65$0.34$0.30$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.07$1.76$0.43$0.29$0.14
2013Detailed filing. Detailed filing data is available for this year.$2.15$0.53$1.62$1.03$0.16$0.87
2012Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.17$0.04$0.13
2011Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.23$0.06$0.17