Civic Intelligence

Forget-Me-Not Foundation of Itasca County

EIN 41-1664757 • 501(c)3 • Chisholm, MN

Profile

Providing recreational opportunities for people with disabilities

229 West Lake StreetChisholm, MN 55719

n/A

Siviq Scores

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

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

95th percentile

80%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

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 2016

Asset Growth

92nd percentile

106%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

115%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$115,898

Up $59,718 (+106%) from 2015

Liabilities

Up

$5,000

Up $5,000 from 2015

Net Assets

$110,898

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue81st percentileNet Margin95th percentile

Revenue

Up

$68,384

Up $36,611 (+115%) from 2015

Expenses

Down

$13,666

Down $18,095 (-57%) from 2015

Net Income

Up

$54,718

Up $54,706 (+455883%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$150K$100K$50K$0Assets 2011: $103,999Liabilities 2011: $02011Assets 2012: $98,587Liabilities 2012: $02012Assets 2013: $74,664Liabilities 2013: $02013Assets 2014: $56,168Liabilities 2014: $02014Assets 2015: $56,180Liabilities 2015: $02015Assets 2016: $115,898Liabilities 2016: $5,000Net Assets 2016: $110,8982016

Highlighted filing

2016

Assets$115,898
Liabilities$5,000
Net Assets$110,898
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

$100K$50K$0-$50KRevenue 2011: $34,561Expenses 2011: $47,983Net Income 2011: -$13,4222011Revenue 2012: $49,412Expenses 2012: $54,824Net Income 2012: -$5,4122012Revenue 2013: $32,709Expenses 2013: $56,632Net Income 2013: -$23,9232013Revenue 2014: $31,091Expenses 2014: $49,587Net Income 2014: -$18,4962014Revenue 2015: $31,773Expenses 2015: $31,761Net Income 2015: $122015Revenue 2016: $68,384Expenses 2016: $13,666Net Income 2016: $54,7182016

Highlighted filing

2016

Revenue$68,384
Expenses$13,666
Net Income$54,718
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$115,898
Liabilities
$5,000
Net assets
$110,898
Revenue
$68,384
Expenses
$13,666
Net income
$54,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.11$0.68$0.14$0.55
2015Summary only. Only limited summary data is available for this year.$0.56$0.00$0.32$0.32$0.00
2014Summary only. Only limited summary data is available for this year.$0.56$0.00$0.31$0.50$0.18
2013Summary only. Only limited summary data is available for this year.$0.75$0.00$0.33$0.57$0.24
2012Summary only. Only limited summary data is available for this year.$0.99$0.00$0.49$0.55$0.05
2011Summary only. Only limited summary data is available for this year.$1.04$0.00$0.35$0.48$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$126,910
Mission and Program Overview

Mission

Providing recreational opportunities for people with disabilities

Program Services

DescriptionGrantsExpenses
TO PROVIDE RECREATIONAL HORSEBACK RIDING WITH THERAPEUTIC BENEFITS AND OTHER OPPORTUNITIES FOR PEOPLE WITH DISABILITIES THROUGHOUT A TARGET SERVICE AREA.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER SUTTONPresident-$0--
DAVE SPECHTBoard Member-$0--
ANDREA REEDSecretary-$0--
DI LANGERBoard Member-$0--
TAYLOR BRUNSBoard Member-$0--
BETH POTTERBoard Member-$0--
BECKY HECIMOVICHBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Forget-Me-Not Foundation of Itasca County
EIN
41-1664757
Phone
2182543329
Address
229 West Lake Street, Chisholm, MN 55719

Signing Officer

Name
Jennifer Sutton
Title
President
Phone
2182543329
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Sterle & Co Ltd
Address
522 E HOWARD ST STE 207, HIBBING, MN 55746-1714
Preparer
Bonnie Kolden
Phone
2182625525
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Animal care and vet expenses 639.”

Form 990EZ, Part I, Line 16

“Caretaker expense 2076.”

Form 990EZ, Part I, Line 16

“Bank fees 20.”

Form 990EZ, Part I, Line 16

“Legal and professional 225.”

Form 990EZ, Part II, Line 26

“Note payable 5000.”

Form 990, Part IX, Line 24E

“Instructor training costs”

Form 990, Part IX, Line 24E

“Repairs”

Form 990, Part IX, Line 24E

“Miscellaneous”

Form 990, Part IX, Line 24E

“Dues”

Form 990, Part IX, Line 24E

“Caretaker expenses”

Raw XML Appendix194 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0United Way
IRS990EZ/BooksInCareOfDetail/PhoneNum02182543329
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0229 West Lake Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chisholm
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055719
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07057
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0115898
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01910
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt058526
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt054718
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056180
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0115898
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt066474
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0126910
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt049123
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt056180
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0110898
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt056180
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0110898
IRS990EZ/OccupancyRentUtltsAndMaintAmt010678
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/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER SUTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVE SPECHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANDREA REED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DI LANGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TAYLOR BRUNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BETH POTTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BECKY HECIMOVICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02960
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Providing recreational opportunities for people with disabilities
IRS990EZ/PrintingPublicationsPostageAmt028
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE RECREATIONAL HORSEBACK RIDING WITH THERAPEUTIC BENEFITS AND OTHER OPPORTUNITIES FOR PEOPLE WITH DISABILITIES THROUGHOUT A TARGET SERVICE AREA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0125000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013666
IRS990EZ/TotalRevenueAmt068384
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022419
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0119673
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt030638
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0150311
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt033223
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt033068
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032709
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt049401
IRS990ScheduleA/Total509Grp/TotalAmt0150311
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0150322
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Sale of property
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-12-29
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0125000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0individual
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Realtor sale listing
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0PUBLIC SALE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt041639 Hwy 65
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Nashwauk
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd055769
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0The Organization voted to start the dissolution process April 18,2016 and passed a resolution to sell the property and the building with its contents. The Organization filed the intent to dissolve with the Minnesota Secretary of State in August of 2016. The property was listed with a realtor and was sold at fair market price with a settlement date of December 29, 2016 in the amount of $125,000.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Animal care and vet expenses 639.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Caretaker expense 2076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank fees 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Legal and professional 225.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Note payable 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Instructor training costs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Repairs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Caretaker expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER SUTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02182543329
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Forget-Me-Not Foundation of Itasca County
ReturnHeader/Filer/BusinessNameControlTxt0FORG
ReturnHeader/Filer/EIN0411664757
ReturnHeader/Filer/PhoneNum02182543329
ReturnHeader/Filer/USAddress/AddressLine1Txt0229 West Lake Street
ReturnHeader/Filer/USAddress/CityNm0Chisholm
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055719
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D283AA452F0000C5A33264BB77070D2C8CFE5D7C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AE264F30019F4750580683BE5AB42C38102B8F54
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.19.216.84
ReturnHeader/FilingSecurityInformation/IPDt02017-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm018:25:12
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STERLE & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0522 E HOWARD ST STE 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIBBING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0557461714
ReturnHeader/PreparerPersonGrp/PhoneNum02182625525
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BONNIE KOLDEN
ReturnHeader/ReturnTs02017-05-10T18:26:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.