Civic Intelligence

West Bank Business Association

EIN 41-1694119 • 501(c)3 • Minneapolis, MN

PO Box 141552Minneapolis, MN 55414
Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.00x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$64,778

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

7.2%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$271,930

Up $31,442 (+13%) from 2023

Liabilities

Down

$843

Down $11,037 (-93%) from 2023

Net Assets

Up

$271,087

Up $42,479 (+19%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin68th percentile

Revenue

Up

$309,899

Up $20,920 (+7.2%) from 2023

Expenses

Up

$267,420

Up $44,476 (+20%) from 2023

Net Income

Down

$42,479

Down $23,556 (-36%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

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

$300K$200K$100K$0Assets 2011: $85,049Liabilities 2011: $02011Assets 2012: $94,496Liabilities 2012: $51,437Net Assets 2012: $43,0592012Assets 2013: $132,377Liabilities 2013: $82,771Net Assets 2013: $49,6062013Assets 2014: $94,005Liabilities 2014: $81,9822014Assets 2015: $222,114Liabilities 2015: $124,998Net Assets 2015: $97,1162015Assets 2016: $114,675Liabilities 2016: $75,410Net Assets 2016: $39,2652016Assets 2017: $135,448Liabilities 2017: $111,3322017Assets 2018: $172,741Liabilities 2018: $105,647Net Assets 2018: $67,0942018Assets 2019: $144,352Liabilities 2019: $86,169Net Assets 2019: $58,1832019Assets 2020: $146,710Liabilities 2020: $49,611Net Assets 2020: $97,0992020Assets 2021: $210,193Liabilities 2021: $500Net Assets 2021: $209,6932021Assets 2022: $174,187Liabilities 2022: $11,614Net Assets 2022: $162,5732022Assets 2023: $240,488Liabilities 2023: $11,880Net Assets 2023: $228,6082023Assets 2024: $271,930Liabilities 2024: $843Net Assets 2024: $271,0872024

Highlighted filing

2024

Assets$271,930
Liabilities$843
Net Assets$271,087
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $124,387Expenses 2011: $114,896Net Income 2011: $9,4912011Revenue 2012: $116,897Expenses 2012: $117,700Net Income 2012: -$8032012Revenue 2013: $130,300Expenses 2013: $123,753Net Income 2013: $6,5472013Revenue 2014: $54,733Expenses 2014: $95,650Net Income 2014: -$40,9172014Revenue 2015: $208,913Expenses 2015: $123,820Net Income 2015: $85,0932015Revenue 2016: $133,478Expenses 2016: $164,953Net Income 2016: -$31,4752016Revenue 2017: $143,848Expenses 2017: $138,445Net Income 2017: $5,4032017Revenue 2018: $143,664Expenses 2018: $103,796Net Income 2018: $39,8682018Revenue 2019: $138,989Expenses 2019: $143,520Net Income 2019: -$4,5312019Revenue 2020: $140,588Expenses 2020: $101,672Net Income 2020: $38,9162020Revenue 2021: $230,474Expenses 2021: $117,880Net Income 2021: $112,5942021Revenue 2022: $168,162Expenses 2022: $215,282Net Income 2022: -$47,1202022Revenue 2023: $288,979Expenses 2023: $222,944Net Income 2023: $66,0352023Revenue 2024: $309,899Expenses 2024: $267,420Net Income 2024: $42,4792024

Highlighted filing

2024

Revenue$309,899
Expenses$267,420
Net Income$42,479
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$271,930
Liabilities
$843
Net assets
$271,087
Revenue
$309,899
Expenses
$267,420
Net income
$42,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.01$2.71$3.10$2.67$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.12$2.29$2.89$2.23$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.12$1.63$1.68$2.15$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.01$2.10$2.30$1.18$1.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.50$0.97$1.41$1.02$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.86$0.58$1.39$1.44$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$1.06$0.67$1.44$1.04$0.40
2017Summary only. Only limited summary data is available for this year.$1.35$1.11$1.44$1.38$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.75$0.39$1.33$1.65$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$1.25$0.97$2.09$1.24$0.85
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.82$0.55$0.96$0.41
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.32$0.83$0.50$1.30$1.24$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.51$0.43$1.17$1.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.85$0.00$1.24$1.15$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2012 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 13, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

Promote west bank business district

Filing and Contact Details

Filer

EIN
41-1694119
Raw XML Appendix146 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/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY016176
IRS990EZ/CashSavingsAndInvestments/EOY00
IRS990EZ/ContributionsGiftsGrantsEtc0114242
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-803
IRS990EZ/FeesAndOthPymtToIndContractors032080
IRS990EZ/FiledScheduleA0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GrantsAndSimilarAmountsPaid022523
IRS990EZ/GrossReceipts0116897
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/LandAndBuildings/BOY00
IRS990EZ/LandAndBuildings/EOY00
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MembershipDues02655
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY085048
IRS990EZ/NetAssetsOrFundBalancesBOY085048
IRS990EZ/NetAssetsOrFundBalances/EOY043059
IRS990EZ/NetAssetsOrFundBalancesEOY043059
IRS990EZ/OccupancyRentUtilitiesAndMaint02882
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition040.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition18.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition24.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition34.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition44.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition54.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation034373
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0JAMIE SCHUMACHER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1TODD SMITH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2RUSSOM SOLOMON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3DAMON RUNNALS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4JEFF RADNICH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5MARK DUDEK JOHNSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1CHAIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5SECRETARY
IRS990EZ/Organization501c0X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY068872
IRS990EZ/OtherAssetsTotal/EOY094496
IRS990EZ/OtherChangesInNetAssets0-41186
IRS990EZ/OtherExpensesTotal033420
IRS990EZ/PrimaryExemptPurpose0PROMOTE WEST BANK BUSINESS DISTRICT
IRS990EZ/PrintingPublicationsPostage03462
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0SEE SCH O
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SalariesOtherCompEmplBenefits023333
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MN
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY00
IRS990EZ/SumOfTotalLiabilities/EOY051437
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10PO BOX 141552
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0MINNEAPOLIS
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode055414
IRS990EZ/TheBooksAreInCareOf/NamePerson0JAMIE SCHUMACHER
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber06123269652
IRS990EZ/TotalAssets/BOY085048
IRS990EZ/TotalAssets/EOY094496
IRS990EZ/TotalExpenses0117700
IRS990EZ/TotalRevenue0116897
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/WebSite0WWWTHEWESTBANKORG
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0PART III, LINE 31 EXEMPT PURPOSE ACHIEVEMENTS: BRANDING, PROMOTION, AND IMPROVEMENT OF NEIGHBORHOOD: MARKETING ACTIVITIES TO PROMOTE THE DISTRICT AS A DESTINATION THAT INCLUDES 100+ BUSINESSES; CREATION AND EXECUTION OF NEIGHBORHOOD FESTIVAL WITH OVER 2,500 ATTENDEES; BENEFITS OF INCREASED SALES / REPEAT BUSINESS FOR AREA BUSINESSES; ORGANIZING GRAFFITI REMOVALS AND CLEANUPS TO IMPROVE THE COMMERCIAL CORRIDOR; ADMINISTERING FACADE GRANTS. OUTREACH: CREATE AND EXECUTE PROJECTS, ACTIVITIES AND EVENTS FOR YOUTH, INDIVIDUALS, AND BUSINESSES TO PROMOTE COMMUNITY BUILDING AND PRIDE IN THE NEIGHBORHOOD AND PROVIDE JOBS TO YOUTH THROUGH NEIGHBORHOOD IMPROVEMENT ACTIVITIES. MEMBER COMMUNICATION: REGULAR EMAIL AND PRINT COMMUNICATION WITH BUSINESS ASSOCIATION MEMBERS TO KEEP THEM INFORMED AND ENGAGED IN ISSUES OF IMPORTANCE TO THE AREA.
IRS990ScheduleO/GeneralExplanation/Explanation1ACTIVITY COMMUNITY RENOVATION RESEARCH GRANTEE CEDAR CULTURAL CENTER STREET 416 CEDAR AVE CITY, STATE, ZIP MINNEAPOLIS MN 55454 AMOUNT 20,000 ACTIVITY MUSIC FESTIVAL PARTICIPATION GRANTEE VARIOUS AMOUNT 2,523
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION AMOUNT DEPRECIATION FROM 4562 64 EMPLOYER TAXES AND UNEMPLOYMENT 2,655 PARKING 239 INSURANCE 2,090 SUPPLIES 2,841 TELECOMMUNICATIONS 172 EQUIPMENT RENTAL & MAINTENANCE 11,563 SIGNAGE & ADVERTISING 9,110 CONTRIBUTIONS 687 PERMITS & FEES 2,012 SUBSCRIPTIONS & MEMBERSHIPS 1,079 MEETINGS AND MEALS 513 BANK CHARGES 293 SOFTWARE 102
IRS990ScheduleO/GeneralExplanation/Explanation3DESCRIPTION AMOUNT PRIOR PERIOD ADJUSTMENT (41,186)
IRS990ScheduleO/GeneralExplanation/Explanation4CATEGORY BEGINNING OF YEAR END OF YEAR GRANTS AND MEMBER RECEIVABLES 68,872 93,922 NET BOOK VALUE OF EQUIPMENT 0 574
IRS990ScheduleO/GeneralExplanation/Explanation5CATEGORY BEGINNING OF YEAR END OF YEAR OVERDRAWN CHECKING 0 784 PAYROLL LIABILITIES 0 1,486 FISCAL PASS-THROUGH RESTRICTED 0 42,500 ACCOUNTS PAYABLE 0 6,667
IRS990ScheduleO/GeneralExplanation/Identifier0O01
IRS990ScheduleO/GeneralExplanation/Identifier1O02
IRS990ScheduleO/GeneralExplanation/Identifier2O03
IRS990ScheduleO/GeneralExplanation/Identifier3O04
IRS990ScheduleO/GeneralExplanation/Identifier4O05
IRS990ScheduleO/GeneralExplanation/Identifier5O06
IRS990ScheduleO/GeneralExplanation/ReturnReference0General explanation attachment
IRS990ScheduleO/GeneralExplanation/ReturnReference1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/GeneralExplanation/ReturnReference2Description of other expenses Part I line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference3Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/GeneralExplanation/ReturnReference4Description of other assets Part II line 24
IRS990ScheduleO/GeneralExplanation/ReturnReference5Description of total liabilities Part II line 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0411694119
ReturnHeader/Filer/Name/BusinessNameLine10WEST BANK BUSINESS ASSOCIATION
ReturnHeader/Filer/NameControl0WEST
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 141552
ReturnHeader/Filer/USAddress/City0MINNEAPOLIS
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055414
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-05-13
ReturnHeader/Officer/Name0JAMIE SCHUMACHER
ReturnHeader/Officer/Phone06123269652
ReturnHeader/Officer/Title0EXECUTIVE DIREC
ReturnHeader/Preparer/DatePrepared02013-11-15
ReturnHeader/PreparerFirm/EIN0201061012
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10FOX TAX LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10503 1st Ave NE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Minneapolis
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode055413
ReturnHeader/Preparer/Name0Beth Franklin
ReturnHeader/Preparer/Phone06128242829
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-15T15:57:12-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits