Civic Intelligence

Minnesota Floor Covering Association

EIN 41-1673732 • 501(c)6 • Spring Lake Park, MN

Profile

To promote,attain,and nurture a high standard of ethics in the floor covering industry. To promote publicity for the floor covering industry in the midwest area and to further education among its member.To enhance relations among all related to the floor covering industry.

645 81st Ave NESpring Lake Park, MN 55432

www.minnesotaflooring.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

6th percentile

-107%

Higher net margin than 6% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$4,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 69.4% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-100%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-64%

Faster revenue growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $2,219 (-100%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $2,219 (-100%) from 2021

Revenue

Down

$2,065

Down $3,699 (-64%) from 2021

Expenses

Down

$4,284

Down $1,494 (-26%) from 2021

Net Income

Down

-$2,219

Down $2,205 (-15750%) from 2021

Trend Graphs

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2010: $5,125Net Assets 2010: $5,1252010Assets 2011: $4,369Net Assets 2011: $4,3692011Assets 2012: $1,712Net Assets 2012: $1,7122012Assets 2013: $7,812Liabilities 2013: $0Net Assets 2013: $7,8122013Assets 2014: $6,266Liabilities 2014: $350Net Assets 2014: $5,9162014Assets 2015: $5,436Liabilities 2015: $0Net Assets 2015: $5,4362015Assets 2016: $4,034Liabilities 2016: $0Net Assets 2016: $4,0342016Assets 2017: $3,032Liabilities 2017: $0Net Assets 2017: $3,0322017Assets 2018: $4,705Liabilities 2018: $0Net Assets 2018: $4,7052018Assets 2019: $4,026Liabilities 2019: $0Net Assets 2019: $4,0262019Assets 2020: $2,233Liabilities 2020: $0Net Assets 2020: $2,2332020Assets 2021: $2,219Net Assets 2021: $2,2192021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2010: $25,449Expenses 2010: $23,358Net Income 2010: $2,0912010Revenue 2011: $25,625Expenses 2011: $26,381Net Income 2011: -$7562011Revenue 2012: $10,635Expenses 2012: $13,292Net Income 2012: -$2,6572012Revenue 2013: $21,306Expenses 2013: $15,206Net Income 2013: $6,1002013Revenue 2014: $18,860Expenses 2014: $20,756Net Income 2014: -$1,8962014Revenue 2015: $21,778Expenses 2015: $22,258Net Income 2015: -$4802015Revenue 2016: $20,688Expenses 2016: $22,090Net Income 2016: -$1,4022016Revenue 2017: $12,285Expenses 2017: $15,793Net Income 2017: -$3,5082017Revenue 2018: $16,976Expenses 2018: $15,303Net Income 2018: $1,6732018Revenue 2019: $10,647Expenses 2019: $11,326Net Income 2019: -$6792019Revenue 2020: $9,710Expenses 2020: $11,503Net Income 2020: -$1,7932020Revenue 2021: $5,764Expenses 2021: $5,778Net Income 2021: -$142021Revenue 2022: $2,065Expenses 2022: $4,284Net Income 2022: -$2,2192022

Highlighted filing

2022

Revenue$2,065
Expenses$4,284
Net Income-$2,219

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$2.07$4.28$2.22
2021Detailed filing. Detailed filing data is available for this year.$2.22$2.22$5.76$5.78$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$9.71$11.5$1.79
2019Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$10.6$11.3$0.68
2018Detailed filing. Detailed filing data is available for this year.$4.71$0.00$4.71$17.0$15.3$1.67
2017Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$12.3$15.8$3.51
2016Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$20.7$22.1$1.40
2015Detailed filing. Detailed filing data is available for this year.$5.44$0.00$5.44$21.8$22.3$0.48
2014Detailed filing. Detailed filing data is available for this year.$6.27$0.35$5.92$18.9$20.8$1.90
2013Detailed filing. Detailed filing data is available for this year.$7.81$0.00$7.81$21.3$15.2$6.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$1.71$10.6$13.3$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$4.37$25.6$26.4$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$5.13$25.4$23.4$2.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$12,045
Mission and Program Overview

Mission

To promote,attain,and nurture a high standard of ethics in the floor covering industry. To promote publicity for the floor covering industry in the midwest area and to further education among its member.To enhance relations among all related to the floor covering industry.

Program Services

DescriptionGrantsExpenses
Provided scholarships to students to further their education, sponsored a seminar to educate members on the latest products and organized a golf outing to improve relationships between members.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORI ANDERSONExecutive DirectorPT$2,285-$2,285
BRIAN FREDRICKSONPast President-$0--
KASEY LINDALAInstaller-$0--
JUSTINA SWEETAt Large-$0--
MIKE SCHULTZDistributor-$0--
BRIAN CATERPresident-$0--
TRAVIS WICHERNPresident-$0--
PJ VAUGHNTreasurer-$0--
TYPHANNIE WATSONRetailer-$0--
RICH MEISSNERPast President-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Floor Covering Association
EIN
41-1673732
Phone
6512545715
Address
645 81ST AVE NE, SPRING LAKE PARK, MN 55432

Signing Officer

Name
Lori Anderson
Title
Executive Director
Signed
2023-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Speiker & Company LTD
Address
PO BOX 130, Prior Lake, MN 55372
Preparer
Maria Es Belden
Phone
9524406500
Supplemental Narrative

Additional Explanations

Other Expenses.1

Signa Pay $623

Other Expenses.2

Bank/Credit Card Fees $239

Other Expenses.3

Meeting Expense $147

Raw XML Appendix148 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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