Civic Intelligence

Minnesota State Academy for the Blind Foundation

990EZ • Fiscal year 2017 • EIN 41-1739069

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 27, 2018

PO Box 580338Minneapolis, MN 55485

(612) 554-4204

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$360,007

Up $68,238 (+23%) from 2016

Net Assets

Up

$360,007

Up $68,486 (+23%) from 2016

Liabilities

Down

$0

Down $248 (-100%) from 2016

Revenue

Up

$97,378

Up $25,223 (+35%) from 2016

Expenses

Down

$47,381

Down $16,146 (-25%) from 2016

Net Income

Up

$49,997

Up $41,369 (+479%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $146,979Liabilities 2010: $0Net Assets 2010: $146,9792010Assets 2011: $167,170Liabilities 2011: $0Net Assets 2011: $167,1702011Assets 2012: $141,912Liabilities 2012: $0Net Assets 2012: $141,9122012Assets 2013: $199,826Liabilities 2013: $0Net Assets 2013: $199,8262013Assets 2014: $228,950Liabilities 2014: $0Net Assets 2014: $228,9502014Assets 2015: $277,728Liabilities 2015: $0Net Assets 2015: $277,7282015Assets 2016: $291,769Liabilities 2016: $248Net Assets 2016: $291,5212016Assets 2017: $360,007Liabilities 2017: $0Net Assets 2017: $360,0072017Assets 2018: $316,714Liabilities 2018: $19Net Assets 2018: $316,6952018Assets 2019: $347,090Liabilities 2019: $499Net Assets 2019: $346,5912019Assets 2020: $345,530Liabilities 2020: $0Net Assets 2020: $345,5302020Assets 2021: $390,276Liabilities 2021: $0Net Assets 2021: $390,2762021Assets 2022: $368,744Liabilities 2022: $0Net Assets 2022: $368,7442022Assets 2023: $398,291Liabilities 2023: $286Net Assets 2023: $398,0052023Assets 2024: $14,342Net Assets 2024: $14,3422024

Highlighted filing

2017

Assets$360,007
Liabilities$0
Net Assets$360,007

Operations Trend

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

$500K$0-$500KRevenue 2010: $47,420Expenses 2010: $23,140Net Income 2010: $24,2802010Revenue 2011: $87,175Expenses 2011: $66,648Net Income 2011: $20,5272011Revenue 2012: $76,764Expenses 2012: $109,451Net Income 2012: -$32,6872012Revenue 2013: $90,309Expenses 2013: $45,608Net Income 2013: $44,7012013Revenue 2014: $70,540Expenses 2014: $47,955Net Income 2014: $22,5852014Revenue 2015: $75,365Expenses 2015: $24,840Net Income 2015: $50,5252015Revenue 2016: $72,155Expenses 2016: $63,527Net Income 2016: $8,6282016Revenue 2017: $97,378Expenses 2017: $47,381Net Income 2017: $49,9972017Revenue 2018: $75,084Expenses 2018: $110,545Net Income 2018: -$35,4612018Revenue 2019: $28,534Expenses 2019: $15,030Net Income 2019: $13,5042019Revenue 2020: $27,494Expenses 2020: $38,809Net Income 2020: -$11,3152020Revenue 2021: $19,408Expenses 2021: $10,669Net Income 2021: $8,7392021Revenue 2022: $18,246Expenses 2022: $8,611Net Income 2022: $9,6352022Revenue 2023: $23,756Expenses 2023: $13,128Net Income 2023: $10,6282023Revenue 2024: $35,399Expenses 2024: $440,016Net Income 2024: -$404,6172024

Highlighted filing

2017

Revenue$97,378
Expenses$47,381
Net Income$49,997
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 27, 2018
Return Version
2017v2.0
Gross Receipts
$97,378
Mission and Program Overview

Mission

The purpose of the foundation is to raise funds to enhance the education of the students at the minnesota state academy for the blind to help them achieve their full potential. Enhancement support by the foundation is in response to a "dare to dream" list developed by those working directly with the students. This support has taken many forms such as funds to help support athletic and academic events and transportation to allow participation with schools for the blind in other states, adaptive technology in labs and in the classroom, equipment for teaching independent living skills, playground equipment, and a bike path.

To establish cooperative relationships and to raise funds for the Minnesota State Academy for the Blind unavailable through government sources. These funds will be used to enhance and develop programs at the Academy, providing the visually impaired students of Minnesota the maximum opportunity to become confident and productive citizens.

Program Services

DescriptionGrantsExpenses
Provided several grants supporting the education of students at the Minnesota State Academy for the Blind. These grants supported the following: design work to update the Family and Consumer Science (FACS) room, athletic uniforms and equipment, guide wires and winch replacement for track, African drums, and tuition for two students to attend a class at South Central College. 67 individuals benefited.$41,165$41,802
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ezra KazeePresident-$0--
Charles FarlowVice President-$0--
Michael McGloneTreasurer-$0--
Kim SamrockCo-Treasurer-$0--
Jessica OlsonSecretary-$0--
Craig GilesDirector-$0--
Patty HooeyDirector-$0--
Beth MolineDirector-$0--
Jessie WangDirector-$0--
Ross DunbarDirector-$0--
Christie TraczykDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota State Academy for the Blind Foundation
EIN
41-1739069
Phone
6125544204
Address
PO Box 580338, Minneapolis, MN 55485

Signing Officer

Name
Kim Samrock
Title
Co-Treasurer
Phone
6515037351
Signed
2018-04-27
Discuss with paid preparer
Yes

Preparer

Firm
Propel Nonprofits
Address
One Main St SE Suite 600, Minneapolis, MN 55414
Preparer
Acacia Willey
Phone
6122496758
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Description;Amount^Miscellaneous Income;5^Total;5^

Form 990-EZ, Part I, Line 10

Minnesota State Academy to the Blind, 400 SE 6th Avenue, Fairbault MN 55021; $41,165.18 for the purpose of purchasing athletic uniforms and equipment, African drums, track wires and winch replacement, and early learning supplies. In addition to cover expenses related to Family and Consumer Sciences classroom update and other fine art programming.

Form 990-EZ, Part I, Line 16

Description;Amount^Business Expenses;105|Investment Expenses;666|Operations;250|Information Technology;389^Total;1410^

Form 990-EZ, Part I, Line 20

Description;Amount^Unrealized Gains;18489^Total;18489^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Beneficial Interest in Assets Held at MN Philanthropy Partners;135625^Total;135625^

Raw XML Appendix222 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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IRS990EZ/PrimaryExemptPurposeTxt0To establish cooperative relationships and to raise funds for the Minnesota State Academy for the Blind unavailable through government sources. These funds will be used to enhance and develop programs at the Academy, providing the visually impaired students of Minnesota the maximum opportunity to become confident and productive citizens.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Miscellaneous Income;5^Total;5^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Minnesota State Academy to the Blind, 400 SE 6th Avenue, Fairbault MN 55021; $41,165.18 for the purpose of purchasing athletic uniforms and equipment, African drums, track wires and winch replacement, and early learning supplies. In addition to cover expenses related to Family and Consumer Sciences classroom update and other fine art programming.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^Business Expenses;105|Investment Expenses;666|Operations;250|Information Technology;389^Total;1410^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;Amount^Unrealized Gains;18489^Total;18489^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^Beneficial Interest in Assets Held at MN Philanthropy Partners;135625^Total;135625^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kim Samrock
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co-Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06515037351
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Minnesota State Academy for the Blind Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411739069
ReturnHeader/Filer/PhoneNum06125544204
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 580338
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055485
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.24.12.146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Propel Nonprofits
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One Main St SE Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06122496758
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Acacia Willey
ReturnHeader/ReturnTs02018-05-14T17:26:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.35$4.40$4.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.98$0.00$3.98$0.24$0.13$0.11
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.69$0.00$3.69$0.18$0.09$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.00$3.90$0.19$0.11$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.00$3.46$0.27$0.39$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.00$3.47$0.29$0.15$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.00$3.17$0.75$1.11$0.35
2017Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.97$0.47$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.00$2.92$0.72$0.64$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.00$2.78$0.75$0.25$0.51
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.71$0.48$0.23
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$2.00$0.90$0.46$0.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.00$1.42$0.77$1.09$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$0.87$0.67$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.47$0.23$0.24