Civic Intelligence

Toivola-Meadowlands Development Board Inc.

990EZ • Fiscal year 2020 • EIN 41-1729106

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 13, 2021

Organization Profile
7727 Scott Ave PO Box 45Meadowlands, MN 55765

(218) 343-2578

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.84x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

3.74x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-25%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-5.0%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-27%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$303,639

Down $15,928 (-5.0%) from 2019

Net Assets

Down

$49,618

Down $16,792 (-25%) from 2019

Liabilities

Up

$254,021

Up $864 (+0.3%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin19th percentile

Revenue

Down

$67,983

Down $25,424 (-27%) from 2019

Expenses

Up

$84,775

Up $5,818 (+7.4%) from 2019

Net Income

Down

-$16,792

Down $31,242 (-216%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$400K$300K$200K$100K$0-$100KAssets 2011: $329,086Liabilities 2011: $312,9992011Assets 2012: $328,316Liabilities 2012: $315,8272012Assets 2013: $286,479Liabilities 2013: $301,155Net Assets 2013: -$14,6762013Assets 2014: $285,862Liabilities 2014: $289,366Net Assets 2014: -$3,5042014Assets 2015: $293,313Liabilities 2015: $284,234Net Assets 2015: $9,0792015Assets 2016: $272,472Liabilities 2016: $272,187Net Assets 2016: $2852016Assets 2017: $270,157Liabilities 2017: $260,411Net Assets 2017: $9,7462017Assets 2018: $305,667Liabilities 2018: $253,707Net Assets 2018: $51,9602018Assets 2019: $319,567Liabilities 2019: $253,157Net Assets 2019: $66,4102019Assets 2020: $303,639Liabilities 2020: $254,021Net Assets 2020: $49,6182020Assets 2021: $306,718Liabilities 2021: $254,077Net Assets 2021: $52,6412021Assets 2022: $291,286Liabilities 2022: $253,379Net Assets 2022: $37,9072022Assets 2023: $287,405Liabilities 2023: $253,979Net Assets 2023: $33,4262023Assets 2024: $278,304Liabilities 2024: $254,179Net Assets 2024: $24,1252024

Highlighted filing

2020

Assets$303,639
Liabilities$254,021
Net Assets$49,618
Open 2020 Filing

Operations Trend

Revenue Growth38th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $68,805Expenses 2011: $83,626Net Income 2011: -$14,8212011Revenue 2012: $96,096Expenses 2012: $97,585Net Income 2012: -$1,4892012Revenue 2013: $83,758Expenses 2013: $79,738Net Income 2013: $4,0202013Revenue 2014: $104,523Expenses 2014: $93,351Net Income 2014: $11,1722014Revenue 2015: $88,242Expenses 2015: $75,659Net Income 2015: $12,5832015Revenue 2016: $81,440Expenses 2016: $90,234Net Income 2016: -$8,7942016Revenue 2017: $87,373Expenses 2017: $77,912Net Income 2017: $9,4612017Revenue 2018: $116,198Expenses 2018: $73,984Net Income 2018: $42,2142018Revenue 2019: $93,407Expenses 2019: $78,957Net Income 2019: $14,4502019Revenue 2020: $67,983Expenses 2020: $84,775Net Income 2020: -$16,7922020Revenue 2021: $82,460Expenses 2021: $79,437Net Income 2021: $3,0232021Revenue 2022: $85,022Expenses 2022: $99,756Net Income 2022: -$14,7342022Revenue 2023: $90,508Expenses 2023: $94,989Net Income 2023: -$4,4812023Revenue 2024: $87,626Expenses 2024: $96,927Net Income 2024: -$9,3012024

Highlighted filing

2020

Revenue$67,983
Expenses$84,775
Net Income-$16,792
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 13, 2021
Return Version
2020v4.1
Gross Receipts
$96,609
Mission and Program Overview

Mission

To promote and manage economic activity

Program Services

DescriptionGrantsExpenses
MEADOWLANDS AFFORDABLE HOUSINGPROVIDE AFFORDABLE HOUSING TO COMMUNITY-$84,775
ANNUAL BIRDING FESTIVALPROMOTE LOCAL ECONOMIC DEVELOPMENT-$28,626
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUNE MORSEVice Presidentinterim PresidentPT$0--
MARY ANN DUROVECSecretaryPT$0--
DONALD MALYTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Birding Fest----
Filing and Contact Details

Filer

Filer Name
Toivola Meadowlands Development Board
EIN
41-1729106
Address
7727 SCOTT AVE PO BOX 45, Meadowlands, MN 55765

Signing Officer

Name
June Morse
Title
Vice President
Phone
2184272514
Signed
2021-08-13
Discuss with paid preparer
No

Preparer

Firm
RW Accounting & Consulting
Address
9158 Highway 5, Toivola, MN 55765
Preparer
Richard Wick
Phone
2183432578
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDEPRECIATION EXPENSE 12,790INSURANCE EXPENSE 10,073OFFICE EXPENSE 26ACCOUNTING EXPENSE 786DUES AND SUBSCRIPTIONS 159AUTO EXPENSE 350COMPLIANCE FEES 320MISCELLANEOUS 100”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearTOTAL CURRENT LIABILITIES 57,536 58,401LONG TERM LIABILITIES 195,621 195,620”

Raw XML Appendix164 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/BooksInCareOfDetail/PersonNm0RW ACCOUNTING
IRS990EZ/BooksInCareOfDetail/PhoneNum02183432578
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09158 HWY 5
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Meadowlands
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055765
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt091382
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt081383
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16792
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0319567
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0303639
IRS990EZ/FundraisingGrossIncomeAmt016338
IRS990EZ/GrossReceiptsAmt096609
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0358
IRS990EZ/LandAndBuildingsGrp/BOYAmt0228185
IRS990EZ/LandAndBuildingsGrp/EOYAmt0222256
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066410
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049618
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066410
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049618
IRS990EZ/OccupancyRentUtltsAndMaintAmt049063
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUNE MORSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY ANN DUROVEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DONALD MALY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENTINTERIM PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt024604
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND MANAGE ECONOMIC ACTIVITY
IRS990EZ/PrintingPublicationsPostageAmt0147
IRS990EZ/ProgramServiceRevenueAmt079913
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ANNUAL BIRDING FESTIVALPROMOTE LOCAL ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MEADOWLANDS AFFORDABLE HOUSINGPROVIDE AFFORDABLE HOUSING TO COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028626
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt184775
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt010961
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt028626
IRS990EZ/SpecialEventsNetIncomeLossAmt0-12288
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0253157
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0254021
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084775
IRS990EZ/TotalProgramServiceExpensesAmt0113401
IRS990EZ/TotalRevenueAmt067983
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0358
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0724
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt096251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0117129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0140851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0112362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0111308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0577901
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0358
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0724
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0577901
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt096251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0117129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0140851
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0112362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0111308
IRS990ScheduleA/Total509Grp/TotalAmt0577901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0117274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0140927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0112437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0111378
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0578625
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BIRDING FEST
IRS990ScheduleG/LicensedStatesCd0MN
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDEPRECIATION EXPENSE 12,790INSURANCE EXPENSE 10,073OFFICE EXPENSE 26ACCOUNTING EXPENSE 786DUES AND SUBSCRIPTIONS 159AUTO EXPENSE 350COMPLIANCE FEES 320MISCELLANEOUS 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearTOTAL CURRENT LIABILITIES 57,536 58,401LONG TERM LIABILITIES 195,621 195,620
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JUNE MORSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02184272514
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOIVOLA MEADOWLANDS DEVELOPMENT BOARD
ReturnHeader/Filer/BusinessNameControlTxt0TOIV
ReturnHeader/Filer/EIN0411729106
ReturnHeader/Filer/USAddress/AddressLine1Txt07727 SCOTT AVE PO BOX 45
ReturnHeader/Filer/USAddress/CityNm0Meadowlands
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055765
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RW Accounting & Consulting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09158 Highway 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Toivola
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055765
ReturnHeader/PreparerPersonGrp/PhoneNum02183432578
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard Wick
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-08-11T13:37:04-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORSE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$303,639
Liabilities
$254,021
Net assets
$49,618
Revenue
$67,983
Expenses
$84,775
Net income
-$16,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$2.54$0.24$0.88$0.97$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$2.54$0.33$0.91$0.95$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$2.53$0.38$0.85$1.00$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$2.54$0.53$0.82$0.79$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.04$2.54$0.50$0.68$0.85$0.17
2019Detailed filing. Detailed filing data is available for this year.$3.20$2.53$0.66$0.93$0.79$0.14
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.06$2.54$0.52$1.16$0.74$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$2.60$0.10$0.87$0.78$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$2.72$0.00$0.81$0.90$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$2.84$0.09$0.88$0.76$0.13
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$2.89$0.04$1.05$0.93$0.11
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$3.01$0.15$0.84$0.80$0.04
2012Summary only. Only limited summary data is available for this year.$3.28$3.16$0.96$0.98$0.01
2011Summary only. Only limited summary data is available for this year.$3.29$3.13$0.69$0.84$0.15