Civic Intelligence

Korean Service Center Inc.

990 • Fiscal year 2014 • EIN 41-1678348

Jan 01, 2014 to Dec 31, 2014 • Filed on May 11, 2015

Organization ProfileWWW.KOREANSERVICEMN.ORG
2417 Larpenteur AveLauderdale, MN 55113

(612) 342-1344

Siviq Scores

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

Liabilities / Assets

87th percentile

0.79x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.23x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$61,118

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

52nd percentile

2.6%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

-0.0%

Faster revenue growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$309,358

Up $7,770 (+2.6%) from 2013

Net Assets

Down

$66,473

Down $5,618 (-7.8%) from 2013

Liabilities

Up

$242,885

Up $13,388 (+5.8%) from 2013

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin38th percentile

Revenue

Down

$1,055,838

Down $56 (-0.0%) from 2013

Expenses

Down

$1,061,456

Down $19,592 (-1.8%) from 2013

Net Income

Up

-$5,618

Up $19,536 (+78%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $322,465Liabilities 2010: $95,778Net Assets 2010: $226,6872010Assets 2011: $354,950Liabilities 2011: $211,108Net Assets 2011: $143,8422011Assets 2012: $335,643Liabilities 2012: $238,398Net Assets 2012: $97,2452012Assets 2013: $301,588Liabilities 2013: $229,497Net Assets 2013: $72,0912013Assets 2014: $309,358Liabilities 2014: $242,885Net Assets 2014: $66,4732014Assets 2015: $365,720Liabilities 2015: $244,920Net Assets 2015: $120,8002015Assets 2016: $447,509Liabilities 2016: $283,443Net Assets 2016: $164,0662016Assets 2017: $384,027Liabilities 2017: $245,763Net Assets 2017: $138,2642017Assets 2018: $425,954Liabilities 2018: $249,880Net Assets 2018: $176,0742018Assets 2019: $478,047Liabilities 2019: $241,391Net Assets 2019: $236,6562019Assets 2020: $1,082,179Liabilities 2020: $407,432Net Assets 2020: $674,7472020Assets 2021: $1,540,078Liabilities 2021: $339,189Net Assets 2021: $1,200,8892021Assets 2022: $2,123,363Liabilities 2022: $325,316Net Assets 2022: $1,798,0472022Assets 2023: $2,486,787Liabilities 2023: $197,609Net Assets 2023: $2,289,1782023Assets 2024: $3,098,385Liabilities 2024: $188,320Net Assets 2024: $2,910,0652024

Highlighted filing

2014

Assets$309,358
Liabilities$242,885
Net Assets$66,473
Open 2014 Filing

Operations Trend

Revenue Growth39th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $904,4992010Expenses 2011: $951,8152011Expenses 2012: $1,066,7412012Revenue 2013: $1,055,894Expenses 2013: $1,081,048Net Income 2013: -$25,1542013Revenue 2014: $1,055,838Expenses 2014: $1,061,456Net Income 2014: -$5,6182014Revenue 2015: $1,197,392Expenses 2015: $1,143,048Net Income 2015: $54,3442015Revenue 2016: $1,327,634Expenses 2016: $1,284,368Net Income 2016: $43,2662016Revenue 2017: $1,328,607Expenses 2017: $1,354,409Net Income 2017: -$25,8022017Revenue 2018: $1,472,783Expenses 2018: $1,434,973Net Income 2018: $37,8102018Revenue 2019: $1,455,369Expenses 2019: $1,394,787Net Income 2019: $60,5822019Revenue 2020: $1,861,860Expenses 2020: $1,423,769Net Income 2020: $438,0912020Revenue 2021: $1,929,526Expenses 2021: $1,403,384Net Income 2021: $526,1422021Revenue 2022: $2,098,454Expenses 2022: $1,491,404Net Income 2022: $607,0502022Revenue 2023: $2,066,189Expenses 2023: $1,584,853Net Income 2023: $481,3362023Revenue 2024: $2,309,169Expenses 2024: $1,695,224Net Income 2024: $613,9452024

Highlighted filing

2014

Revenue$1,055,838
Expenses$1,061,456
Net Income-$5,618
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 11, 2015
Return Version
2014v5.0
Gross Receipts
$1,055,838
Mission and Program Overview

Mission

The korean service center is dedicated to provide needed resources and services to vulnerable koreans and other immigrant-americans while striving to promote their rich cultural heritage for all interested people.

The korean service center is dedicated to provide needed resources and services to vulnerable koreans and other immigrant-americans while striving to promote their rich cultural heritage for all interest people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$200,300$192,097▼ $8,203
Accounts Receivable$96,654$117,261▲ $20,607
Cash and Non-Interest-Bearing Accounts$4,634$0▼ $4,634
Total Assets$301,588$309,358▲ $7,770
Liabilities
Other Liabilities$115,691$131,891▲ $16,200
Mortgage Notes Payable Secured by Investment Property$93,335$90,201▼ $3,134
Accounts Payable and Accrued Expenses$20,471$20,793▲ $322
Total Liabilities$229,497$242,885▲ $13,388
Net Assets / Fund Balance
Unrestricted Net Assets$72,091$66,473▼ $5,618
Total Net Assets Fund Balance$72,091$66,473▼ $5,618
Total Liabilities and Net Assets / Fund Balance$301,588$309,358▲ $7,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$188,584$30,287$218,871
Equipment$3,513$24,447$27,960
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yoonju ParkExecutive DirectorFT$60,586$532$61,118

Board Members and Trustees

NameTitle
In Sun HongChairman
Mi Won PaeVice Chairman
Byung Loun LeeBoard Member
Chaiyeon ChangBoard Member
Don KwakBoard Member
Eun Kyung ParkBoard Member
Hee Yun LeeBoard Member
Peter HwangBoard Member
Tae Hwan KimBoard Member
Young ByunBoard Member
Chong Yong KimTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$247,586
Program Service Revenue
$800,882
Investment Income
$1
Other Revenue
$7,369
All Other Contributions
$26,506
Change in Net Assets
$-5,618

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,055,838
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$1,067,838
Total Revenue per Form 990
$1,055,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$820,787
Other Expenses$240,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$566,489$56,815-$623,304
Payroll Taxes$71,444$4,221-$75,665
Current Officers, Directors, Trustees, and Key Employees$48,894$12,224-$61,118
Other Employee Benefits$51,323$9,377-$60,700
Fees for Services Accounting$43,128$847-$43,975
Fees for Services Other$40,761$2,617-$43,378
Office Expenses$15,720$1,451-$17,171
Occupancy$2,271$12,186-$14,457
Depreciation Depletion-$10,998-$10,998
Insurance$5,474$1,369-$6,843
Travel$3,023$6-$3,029
Conferences and Meetings$1,421$15-$1,436
Advertising-$840-$840
Other Expenses$496$-174-$322
Total Functional Expenses$941,253$120,203$0$1,061,456

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,073,456
Expenses per Audited Statements$1,061,456
Total Expenses per Form 990$1,061,456
Expenses Not Reported on Form 990$12,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,369
Fundraising Direct Expenses$0
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
Accrued Payroll$124,162
Checks Issued in Excess of Cash$7,729
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The executive director will review the form 990.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest disclosure statements are completed and reviewed annually by board members, officers, and employees.”

Form 990, Part VI, Section B, Line 15

“The board makes decisions for wages based on the report of the mn council of nonprofit organizations which biannually publishes the mn nonprofit salary and benefits survey. The board is obligated to set the salary of the executive director and all positions and wages are approved by the board.”

Form 990, Part VI, Section C, Line 19

“These documents are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Korean Service Center
EIN
41-1678348
Phone
6123421344
Address
2417 LARPENTEUR AVE, LAUDERDALE, MN 55113

Signing Officer

Name
Yoonju Park
Title
Executive Director
Phone
6123421344
Signed
2015-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yoonju Park
Formed
1990
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
32
Volunteers
50

Preparer

Firm
Abdo Eick & Myers Llp
Address
5201 EDEN AVENUE SUITE 250, MINNEAPOLIS, MN 55436
Preparer
Kevin F Kalal CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There was no change in the process from last year.”

Financial Statement Notes

PART X, LINE 2:

“During the years ended december 31, 2014 and 2013, the organization has not incurred any interest or penalties on its tax returns. The tax returns of the organization are subject to possible examination by the taxing authorities. For federal tax purposes, the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed.”

Part XI, Line 1

“Expenses netted with fundraising revenue on 990, not on audited statements”

Raw XML AppendixShowing 400 of 476 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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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012186
IRS990/OccupancyGrp/ProgramServicesAmt02271
IRS990/OccupancyGrp/TotalAmt014457
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01451
IRS990/OfficeExpensesGrp/ProgramServicesAmt015720
IRS990/OfficeExpensesGrp/TotalAmt017171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09377
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051323
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060700
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07411
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-174
IRS990/OtherExpensesGrp/ProgramServicesAmt090809
IRS990/OtherExpensesGrp/ProgramServicesAmt1496
IRS990/OtherExpensesGrp/TotalAmt098220
IRS990/OtherExpensesGrp/TotalAmt1322
IRS990/OtherLiabilitiesGrp/BOYAmt0115691
IRS990/OtherLiabilitiesGrp/EOYAmt0131891
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056815
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0566489
IRS990/OtherSalariesAndWagesGrp/TotalAmt0623304
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04221
IRS990/PayrollTaxesGrp/ProgramServicesAmt071444
IRS990/PayrollTaxesGrp/TotalAmt075665
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0YOONJU PARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0795292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0795292
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0236621
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0252522
IRS990/PYOtherRevenueAmt01527
IRS990/PYProgramServiceRevenueAmt0817745
IRS990/PYRevenuesLessExpensesAmt0-25154
IRS990/PYSalariesCompEmpBnftPaidAmt0828526
IRS990/PYTotalExpensesAmt01081048
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01055894
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5618
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0800882
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0254955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0238148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0197380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0182693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0174386
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01047562
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0930
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01990
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02959
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0800882
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0811740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0836934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0692490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0658992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03801038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0930
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02959
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06005
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03823
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010857
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07932
IRS990ScheduleA/OtherIncome509Grp/TotalAmt028617
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99350
IRS990ScheduleA/PublicSupportPY509Pct00.99140
IRS990ScheduleA/PublicSupportTotal509Amt04848600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01055837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01049888
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01034314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0875183
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0833378
IRS990ScheduleA/Total509Grp/TotalAmt04848600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01055838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01055894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01038174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0886970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0843300
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04880176
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0188584
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030287
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0218871
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012000
IRS990ScheduleD/DonatedServicesUseFcltsAmt012000
IRS990ScheduleD/EquipmentGrp/BookValueAmt03513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024447
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027960
IRS990ScheduleD/ExpensesNotReportedAmt012000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01061456
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0124162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHECKS ISSUED IN EXCESS OF CASH
IRS990ScheduleD/RevenueNotReportedAmt012000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01055838
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013, THE ORGANIZATION HAS NOT INCURRED ANY INTEREST OR PENALTIES ON ITS TAX RETURNS. THE TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES. FOR FEDERAL TAX PURPOSES, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE DATE ON WHICH THOSE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES NETTED WITH FUNDRAISING REVENUE ON 990, NOT ON AUDITED STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 1
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0192097
IRS990ScheduleD/TotalExpensesPerForm990Amt01061456
IRS990ScheduleD/TotalLiabilityAmt0131891
IRS990ScheduleD/TotalRevenuePerForm990Amt01055838
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01067838
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01073456
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE COMPLETED AND REVIEWED ANNUALLY BY BOARD MEMBERS, OFFICERS, AND EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MAKES DECISIONS FOR WAGES BASED ON THE REPORT OF THE MN COUNCIL OF NONPROFIT ORGANIZATIONS WHICH BIANNUALLY PUBLISHES THE MN NONPROFIT SALARY AND BENEFITS SURVEY. THE BOARD IS OBLIGATED TO SET THE SALARY OF THE EXECUTIVE DIRECTOR AND ALL POSITIONS AND WAGES ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NO CHANGE IN THE PROCESS FROM LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0301588

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$309,358
Liabilities
$242,885
Net assets
$66,473
Revenue
$1,055,838
Expenses
$1,061,456
Net income
-$5,618
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.10$0.19$2.91$2.31$1.70$0.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.20$2.29$2.07$1.58$0.48
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.12$0.33$1.80$2.10$1.49$0.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.34$1.20$1.93$1.40$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.41$0.67$1.86$1.42$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.24$0.24$1.46$1.39$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.25$0.18$1.47$1.43$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.25$0.14$1.33$1.35$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.28$0.16$1.33$1.28$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.24$0.12$1.20$1.14$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.24$0.07$1.06$1.06$0.01
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.30$0.23$0.07$1.06$1.08$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.24$0.10$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.21$0.14$0.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.10$0.23$0.90
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits