Civic Intelligence

Korean Service Center Inc.

990 • Fiscal year 2015 • EIN 41-1678348

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 15, 2016

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

84th percentile

0.67x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

56th percentile

4.5%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

52nd percentile

$67,490

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$365,720

Up $56,362 (+18%) from 2014

Net Assets

Up

$120,800

Up $54,327 (+82%) from 2014

Liabilities

Up

$244,920

Up $2,035 (+0.8%) from 2014

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin56th percentile

Revenue

Up

$1,197,392

Up $141,554 (+13%) from 2014

Expenses

Up

$1,143,048

Up $81,592 (+7.7%) from 2014

Net Income

Up

$54,344

Up $59,962 (+1067%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2015

Assets$365,720
Liabilities$244,920
Net Assets$120,800
Open 2015 Filing

Operations Trend

Revenue Growth69th 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

2015

Revenue$1,197,392
Expenses$1,143,048
Net Income$54,344
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,197,392
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$192,097$204,343▲ $12,246
Accounts Receivable$117,261$101,291▼ $15,970
Cash and Non-Interest-Bearing Accounts-$55,908-
Savings and Temporary Cash Investments-$4,178-
Total Assets$309,358$365,720▲ $56,362
Liabilities
Other Liabilities$131,891$127,850▼ $4,041
Mortgage Notes Payable Secured by Investment Property$90,201$103,179▲ $12,978
Accounts Payable and Accrued Expenses$20,793$13,891▼ $6,902
Total Liabilities$242,885$244,920▲ $2,035
Net Assets / Fund Balance
Unrestricted Net Assets$66,473$120,800▲ $54,327
Total Net Assets Fund Balance$66,473$120,800▲ $54,327
Total Liabilities and Net Assets / Fund Balance$309,358$365,720▲ $56,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$180,625$38,246$218,871
Equipment$23,718$29,349$53,067
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yoonju ParkExecutive DirectorFT$66,956$534$67,490

Board Members and Trustees

NameTitle
In Sun HongChairman
Mi Won PaeVice Chairman
Byung Loun LeeBoard Member
Don KwakBoard Member
Hyun KimBoard Member
Kay Cha YangBoard Member
Peter HwangBoard Member
Saahoon HongBoard Member
Tae Hwan KimBoard Member
Young ByunBoard Member
Hee Yun LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$281,056
Program Service Revenue
$915,246
Investment Income
$4
Other Revenue
$1,086
All Other Contributions
$48,447
Change in Net Assets
$54,344

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,197,392
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$1,209,392
Total Revenue per Form 990
$1,197,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$888,149
Other Expenses$254,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$626,828$55,614-$682,442
Payroll Taxes$71,296$4,522-$75,818
Current Officers, Directors, Trustees, and Key Employees$55,965$13,991-$69,956
Other Employee Benefits$48,928$11,005-$59,933
Fees for Services Other$44,753$3,183-$47,936
Fees for Services Accounting$36,136$643-$36,779
Office Expenses$15,627$1,644-$17,271
Occupancy$3,722$13,543-$17,265
Insurance$11,473$2,851-$14,324
Depreciation Depletion-$12,861-$12,861
Conferences and Meetings$3,865$30-$3,895
Travel$2,326$232-$2,558
Other Expenses$732$17,842-$732
Advertising-$570-$570
Interest$286--$286
Total Functional Expenses$1,004,517$138,531$0$1,143,048

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,155,065
Expenses per Audited Statements$1,143,048
Total Expenses per Form 990$1,143,048
Expenses Not Reported on Form 990$12,017
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$1,086
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$127,850
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
2016-04-15
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
36
Volunteers
35

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

“No change in process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“During the years ended december 31, 2015 and 2014, 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 481 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/MissionDesc0THE 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.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01086
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013543
IRS990/OccupancyGrp/ProgramServicesAmt03722
IRS990/OccupancyGrp/TotalAmt017265
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01644
IRS990/OfficeExpensesGrp/ProgramServicesAmt015627
IRS990/OfficeExpensesGrp/TotalAmt017271
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011005
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048928
IRS990/OtherEmployeeBenefitsGrp/TotalAmt059933
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017842
IRS990/OtherExpensesGrp/ProgramServicesAmt082580
IRS990/OtherExpensesGrp/ProgramServicesAmt1732
IRS990/OtherExpensesGrp/TotalAmt0100422
IRS990/OtherExpensesGrp/TotalAmt1732
IRS990/OtherLiabilitiesGrp/BOYAmt0131891
IRS990/OtherLiabilitiesGrp/EOYAmt0127850
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055614
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0626828
IRS990/OtherSalariesAndWagesGrp/TotalAmt0682442
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04522
IRS990/PayrollTaxesGrp/ProgramServicesAmt071296
IRS990/PayrollTaxesGrp/TotalAmt075818
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0YOONJU PARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0905752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0905752
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0247586
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0240669
IRS990/PYOtherRevenueAmt07369
IRS990/PYProgramServiceRevenueAmt0800882
IRS990/PYRevenuesLessExpensesAmt0-5618
IRS990/PYSalariesCompEmpBnftPaidAmt0820787
IRS990/PYTotalExpensesAmt01061456
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01055838
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt054344
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0915246
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04178
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt06540
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt06540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0282142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0254955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0238148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0197380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0182693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01155318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0930
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0915246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0800882
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0811740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0836934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0692490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04057292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0930
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0973
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06005
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03823
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010857
IRS990ScheduleA/OtherIncome509Grp/TotalAmt020685
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96880
IRS990ScheduleA/PublicSupportPY509Pct00.99350
IRS990ScheduleA/PublicSupportTotal509Amt05070737
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt075786
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt066087
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0141873
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt069246
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt066087
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0135333
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01197388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01055837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01049888
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01034314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0875183
IRS990ScheduleA/Total509Grp/TotalAmt05212610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01197392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01055838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01055894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01038174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0886970
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05234268
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/BookValueAmt0180625
IRS990ScheduleD/BuildingsGrp/DepreciationAmt038246
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0218871
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012000
IRS990ScheduleD/DonatedServicesUseFcltsAmt012017
IRS990ScheduleD/EquipmentGrp/BookValueAmt023718
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029349
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053067
IRS990ScheduleD/ExpensesNotReportedAmt012017
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01143048
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0127850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/RevenueNotReportedAmt012000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01197392
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DURING THE YEARS ENDED DECEMBER 31, 2015 AND 2014, 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/TotalBookValueLandBuildingsAmt0204343
IRS990ScheduleD/TotalExpensesPerForm990Amt01143048
IRS990ScheduleD/TotalLiabilityAmt0127850
IRS990ScheduleD/TotalRevenuePerForm990Amt01197392
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01209392
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01155065
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/ExplanationTxt4NO CHANGE IN PROCESS FROM THE PRIOR 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

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$365,720
Liabilities
$244,920
Net assets
$120,800
Revenue
$1,197,392
Expenses
$1,143,048
Net income
$54,344
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
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$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. 2015 filings • 501(c)3 • $1M-$5M nonprofits