Civic Intelligence

Pact Ministries

990 • Fiscal year 2016 • EIN 41-1785032

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

105 W Lind StreetMankato, MN 56001

(507) 625-7228

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

0.43x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

88th percentile

$34,846

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

54th percentile

4.0%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$431,339

Up $16,524 (+4.0%) from 2015

Net Assets

Up

$336,597

Up $33,720 (+11%) from 2015

Liabilities

Down

$94,742

Down $17,196 (-15%) from 2015

Revenue

Up

$219,762

Up $24,439 (+13%) from 2015

Expenses

Down

$186,042

Down $4,644 (-2.4%) from 2015

Net Income

Up

$33,720

Up $29,083 (+627%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $455,205Liabilities 2011: $159,7092011Assets 2012: $449,531Liabilities 2012: $123,3532012Assets 2013: $422,121Liabilities 2013: $106,8992013Assets 2014: $392,699Liabilities 2014: $94,4592014Assets 2015: $414,815Liabilities 2015: $111,938Net Assets 2015: $302,8772015Assets 2016: $431,339Liabilities 2016: $94,742Net Assets 2016: $336,5972016Assets 2017: $416,768Liabilities 2017: $64,823Net Assets 2017: $351,9452017Assets 2018: $428,912Liabilities 2018: $40,998Net Assets 2018: $387,9142018Assets 2019: $432,287Liabilities 2019: $26,390Net Assets 2019: $405,8972019Assets 2020: $429,457Liabilities 2020: $33,356Net Assets 2020: $396,1012020Assets 2021: $447,147Liabilities 2021: $4,098Net Assets 2021: $443,0492021Assets 2022: $449,697Liabilities 2022: $3,095Net Assets 2022: $446,6022022Assets 2023: $435,130Liabilities 2023: $4,141Net Assets 2023: $430,9892023Assets 2024: $436,290Liabilities 2024: $3,495Net Assets 2024: $432,7952024

Highlighted filing

2016

Assets$431,339
Liabilities$94,742
Net Assets$336,597

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $183,105Expenses 2011: $152,331Net Income 2011: $30,7742011Revenue 2012: $199,085Expenses 2012: $202,307Net Income 2012: -$3,2222012Revenue 2013: $194,909Expenses 2013: $190,184Net Income 2013: $4,7252013Revenue 2014: $192,781Expenses 2014: $209,763Net Income 2014: -$16,9822014Revenue 2015: $195,323Expenses 2015: $190,686Net Income 2015: $4,6372015Revenue 2016: $219,762Expenses 2016: $186,042Net Income 2016: $33,7202016Revenue 2017: $226,194Expenses 2017: $210,846Net Income 2017: $15,3482017Revenue 2018: $240,962Expenses 2018: $204,993Net Income 2018: $35,9692018Revenue 2019: $217,684Expenses 2019: $199,701Net Income 2019: $17,9832019Revenue 2020: $184,383Expenses 2020: $194,179Net Income 2020: -$9,7962020Revenue 2021: $277,642Expenses 2021: $230,694Net Income 2021: $46,9482021Revenue 2022: $258,652Expenses 2022: $255,099Net Income 2022: $3,5532022Revenue 2023: $284,657Expenses 2023: $300,270Net Income 2023: -$15,6132023Revenue 2024: $356,151Expenses 2024: $354,345Net Income 2024: $1,8062024

Highlighted filing

2016

Revenue$219,762
Expenses$186,042
Net Income$33,720
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$219,762
Mission and Program Overview

Mission

Provide low cost clothing and household items for sale to public. Proceeds from sales and donations used to purchase food to be distrubited to those in need at a nominal cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$353,103$360,132▲ $7,029
Cash and Non-Interest-Bearing Accounts$26,855$44,459▲ $17,604
Savings and Temporary Cash Investments$20,759$21,020▲ $261
Investments in Publicly Traded Securities$13,648$5,278▼ $8,370
Prepaid Expenses and Deferred Charges$450$450→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$414,815$431,339▲ $16,524
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$109,487$91,274▼ $18,213
Other Liabilities$2,451$3,468▲ $1,017
Total Liabilities$111,938$94,742▼ $17,196
Net Assets / Fund Balance
Unrestricted Net Assets$302,877$336,597▲ $33,720
Total Net Assets Fund Balance$302,877$336,597▲ $33,720
Total Liabilities and Net Assets / Fund Balance$414,815$431,339▲ $16,524

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$265,532$32,792$298,324
Other Land Buildings$44,600$44,600$89,200
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ruth KoestlerExecutive DirectorFT$34,846$34,846

Board Members and Trustees

NameTitle
Marty MitchellChairman
Carl WachterTrustee
Chris MooseyTrustee
Kathy HauserTrustee
Kevin BallardTrustee
Nolan WrightTrustee
Randy DinsmoreTrustee
Sally BurdickSecretary
Rich KrauseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,881
Program Service Revenue
$189,991
Investment Income
$1,890
Other Revenue
$0
All Other Contributions
$27,881
Change in Net Assets
$33,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$104,121
Other Expenses$55,646
Grants and Similar Amounts Paid$26,275
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,670--$61,670
Current Officers, Directors, Trustees, and Key Employees$34,846--$34,846
Grants to Domestic Orgs$26,275--$26,275
Occupancy$20,270--$20,270
Depreciation Depletion$16,295--$16,295
Payroll Taxes$7,605--$7,605
Interest$5,178--$5,178
Insurance$2,496$2,496-$4,992
Advertising$691$690-$1,381
Fees for Services Other$1,209$19-$1,228
Fees for Services Accounting-$875-$875
All Other Expenses$434$428-$862
Office Expenses$329$329-$658
Other Expenses$375$317-$375
Total Functional Expenses$179,440$6,602$0$186,042
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Saint Paul Evangelistic AssocSaint Paul, MN--$26,275
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,768
Sales Tax Payable$1,700
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed at the latest scheduled board meeting prior to form 990 due date.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Pact Ministries
EIN
41-1785032
Phone
5076257228
Address
105 W LIND STREET, MANKATO, MN 56001

Signing Officer

Name
Richard Krause
Title
Treasurer
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
37

Preparer

Firm
James C Buseth PA
Address
120 N Augusta Ct Suite 105, Mankato, MN 56001
Preparer
James C Buseth
Phone
5073853544
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TEMPORARY LABOR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01112
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2317
IRS990/OtherExpensesGrp/ProgramServicesAmt01113
IRS990/OtherExpensesGrp/ProgramServicesAmt1336
IRS990/OtherExpensesGrp/ProgramServicesAmt2318
IRS990/OtherExpensesGrp/ProgramServicesAmt3375
IRS990/OtherExpensesGrp/TotalAmt02225
IRS990/OtherExpensesGrp/TotalAmt1672
IRS990/OtherExpensesGrp/TotalAmt2635
IRS990/OtherExpensesGrp/TotalAmt3375
IRS990/OtherLiabilitiesGrp/BOYAmt02451
IRS990/OtherLiabilitiesGrp/EOYAmt03468
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061670
IRS990/OtherSalariesAndWagesGrp/TotalAmt061670
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07605
IRS990/PayrollTaxesGrp/TotalAmt07605
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0450
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0450
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0THRIFT STORE SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0189991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0189991
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt018366
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt034529
IRS990/PYInvestmentIncomeAmt01600
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt058248
IRS990/PYProgramServiceRevenueAmt0175357
IRS990/PYRevenuesLessExpensesAmt04637
IRS990/PYSalariesCompEmpBnftPaidAmt097909
IRS990/PYTotalExpensesAmt0190686
IRS990/PYTotalRevenueAmt0195323
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt033720
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0189991
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020759
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021020
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0217970
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0193723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0188705
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0194659
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0197515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0992572
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01890
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01195
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01890
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01195
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04955
IRS990ScheduleA/InvestmentIncomeCYPct00.00500
IRS990ScheduleA/InvestmentIncomePYPct00.00330
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99500
IRS990ScheduleA/PublicSupportPY509Pct00.99670
IRS990ScheduleA/PublicSupportTotal509Amt0992572
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0217970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0193723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0188705
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0194659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0197515
IRS990ScheduleA/Total509Grp/TotalAmt0992572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0219860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0195323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0189900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0194909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0197535
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0997527
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0265532
IRS990ScheduleD/BuildingsGrp/DepreciationAmt032792
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0298324
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044600
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt089200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0360132
IRS990ScheduleD/TotalLiabilityAmt03468
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt026275
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SAINT PAUL EVANGELISTIC ASSOC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0631 STRYKER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAINT PAUL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055107
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AT THE LATEST SCHEDULED BOARD MEETING PRIOR TO FORM 990 DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.03$4.33$3.56$3.54$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.35$0.04$4.31$2.85$3.00$0.16
2022Detailed filing. Detailed filing data is available for this year.$4.50$0.03$4.47$2.59$2.55$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.47$0.04$4.43$2.78$2.31$0.47
2020Detailed filing. Detailed filing data is available for this year.$4.29$0.33$3.96$1.84$1.94$0.10
2019Detailed filing. Detailed filing data is available for this year.$4.32$0.26$4.06$2.18$2.00$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.29$0.41$3.88$2.41$2.05$0.36
2017Detailed filing. Detailed filing data is available for this year.$4.17$0.65$3.52$2.26$2.11$0.15
2016Detailed filing. Detailed filing data is available for this year.$4.31$0.95$3.37$2.20$1.86$0.34
2015Detailed filing. Detailed filing data is available for this year.$4.15$1.12$3.03$1.95$1.91$0.05
2014Summary only. Only limited summary data is available for this year.$3.93$0.94$1.93$2.10$0.17
2013Summary only. Only limited summary data is available for this year.$4.22$1.07$1.95$1.90$0.05
2012Summary only. Only limited summary data is available for this year.$4.50$1.23$1.99$2.02$0.03
2011Summary only. Only limited summary data is available for this year.$4.55$1.60$1.83$1.52$0.31