Civic Intelligence

St. Cloud Technical and Community College Foundation

990 • Fiscal year 2016 • EIN 41-1791598

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 02, 2016

1540 Northway DrSt Cloud, MN 56303

(320) 308-5980

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

62nd percentile

4.9%

Faster asset growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,438,129

Up $113,688 (+4.9%) from 2015

Net Assets

Up

$2,422,989

Up $100,851 (+4.3%) from 2015

Liabilities

Up

$15,140

Up $12,837 (+557%) from 2015

Revenue

Up

$595,682

Up $151,525 (+34%) from 2015

Expenses

Up

$604,683

Up $215,021 (+55%) from 2015

Net Income

Down

-$9,001

Down $63,496 (-117%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,259,338Liabilities 2011: $165,472Net Assets 2011: $2,093,8662011Assets 2012: $2,164,245Liabilities 2012: $158,515Net Assets 2012: $2,005,7302012Assets 2013: $2,241,851Liabilities 2013: $5,586Net Assets 2013: $2,236,2652013Assets 2014: $2,281,550Liabilities 2014: $3,230Net Assets 2014: $2,278,3202014Assets 2015: $2,324,441Liabilities 2015: $2,303Net Assets 2015: $2,322,1382015Assets 2016: $2,438,129Liabilities 2016: $15,140Net Assets 2016: $2,422,9892016Assets 2017: $2,434,630Liabilities 2017: $7,655Net Assets 2017: $2,426,9752017Assets 2018: $3,080,310Liabilities 2018: $6,192Net Assets 2018: $3,074,1182018Assets 2019: $3,278,961Liabilities 2019: $13,304Net Assets 2019: $3,265,6572019Assets 2020: $3,092,075Liabilities 2020: $968Net Assets 2020: $3,091,1072020Assets 2021: $3,661,387Liabilities 2021: $968Net Assets 2021: $3,660,4192021Assets 2022: $4,156,695Liabilities 2022: $12,882Net Assets 2022: $4,143,8132022Assets 2023: $4,120,722Liabilities 2023: $15,932Net Assets 2023: $4,104,7902023Assets 2024: $5,092,274Liabilities 2024: $13,660Net Assets 2024: $5,078,6142024Assets 2025: $5,741,948Liabilities 2025: $18,023Net Assets 2025: $5,723,9252025

Highlighted filing

2016

Assets$2,438,129
Liabilities$15,140
Net Assets$2,422,989

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $346,2342011Expenses 2012: $286,0962012Expenses 2013: $162,2852013Revenue 2014: $350,797Expenses 2014: $436,526Net Income 2014: -$85,7292014Revenue 2015: $444,157Expenses 2015: $389,662Net Income 2015: $54,4952015Revenue 2016: $595,682Expenses 2016: $604,683Net Income 2016: -$9,0012016Revenue 2017: $530,940Expenses 2017: $533,229Net Income 2017: -$2,2892017Revenue 2018: $1,108,054Expenses 2018: $538,953Net Income 2018: $569,1012018Revenue 2019: $800,728Expenses 2019: $708,271Net Income 2019: $92,4572019Revenue 2020: $792,698Expenses 2020: $860,522Net Income 2020: -$67,8242020Revenue 2021: $489,174Expenses 2021: $320,028Net Income 2021: $169,1462021Revenue 2022: $586,398Expenses 2022: $506,328Net Income 2022: $80,0702022Revenue 2023: $635,109Expenses 2023: $789,806Net Income 2023: -$154,6972023Revenue 2024: $1,309,838Expenses 2024: $575,636Net Income 2024: $734,2022024Revenue 2025: $1,072,241Expenses 2025: $696,066Net Income 2025: $376,1752025

Highlighted filing

2016

Revenue$595,682
Expenses$604,683
Net Income-$9,001
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$606,294
Mission and Program Overview

Mission

The st. Cloud technical and community college (sctcc) partners with donors to invest in st. Cloud technical and community college to support students in achieving success and to build the economy of central minnesota and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,835,618$2,012,856▲ $177,238
Savings and Temporary Cash Investments$104,827$0▼ $104,827
Cash and Non-Interest-Bearing Accounts$59,476$90,302▲ $30,826
Pledges and Grants Receivable$25,568$0▼ $25,568
Prepaid Expenses and Deferred Charges$4,375$4,375→ $0
Total Assets$2,324,441$2,438,129▲ $113,688
Other Assets Total$294,577$330,596▲ $36,019
Liabilities
Accounts Payable and Accrued Expenses$2,303$15,140▲ $12,837
Total Liabilities$2,303$15,140▲ $12,837
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,020,405$1,014,070▼ $6,335
Permanently Rstr Net Assets$632,777$705,746▲ $72,969
Unrestricted Net Assets$668,956$703,173▲ $34,217
Total Net Assets Fund Balance$2,322,138$2,422,989▲ $100,851
Total Liabilities and Net Assets / Fund Balance$2,324,441$2,438,129▲ $113,688

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$330,596--
Other Securities$2,012,856--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,835,618$39,190▲ $172,164$22,214$2,012,856
2014$1,794,947$18,210▲ $52,487$18,575$1,835,618
2013$1,764,199$2,836▲ $54,710$18,041$1,794,947
2012$1,581,325$14,890▲ $194,105$14,528$1,764,199
2011$1,511,613$105,038▼ $12,336$12,495$1,581,325
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mick PickensBoard Member/past President
Allison J WaggonerBoard President Fy 2016
Dennis HostBoard Member
Gary PoschBoard Member
Holly SwensonBoard Member
John SchroederBoard Member
Jon PearsonBoard Member
Joygenea SchumerBoard Member
Lisa KappelBoard Member
Norman MaishBoard Member
Roger BonnBoard Member
Tim FeddemaBoard Member
Lori GressFoundation Director
Frank WohletzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$484,658
Program Service Revenue
$0
Investment Income
$62,508
Other Revenue
$48,516
All Other Contributions
$484,658
Change in Net Assets
$-9,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$595,682
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$120,464
Total Revenue per Audited Statements
$716,146
Total Revenue per Form 990
$595,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$220,150
Salaries, Compensation, and Employee Benefits$214,473
Other Expenses$170,060
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$214,473--$214,473
Grants to Domestic Individuals$210,006--$210,006
Information Technology$66,054$11,985-$78,039
Fees for Services Accounting-$39,198-$39,198
Insurance$26,716--$26,716
Fees for Services Management-$11,928-$11,928
Other Expenses-$10,706-$10,706
Grants to Domestic Orgs$10,144--$10,144
Office Expenses$3,358--$3,358
Advertising$115--$115
Total Functional Expenses$530,866$73,817$0$604,683

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$615,295
Expenses per Audited Statements$604,683
Total Expenses per Form 990$604,683
Expenses Not Reported on Form 990$10,612
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Cloud Technical and Community CollegeSt Cloud, MN501(c)(3)Technology and Equipment for Various College Programs.$10,144
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,109
Fundraising Direct Expenses$10,612
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night of 1,000 Laughs$23,109$23,109$10,612$12,497
Total Events$23,109$23,109$10,612$12,497
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 organization's board of directors is provided an electronic copy of form 990, with a hard copy available upon request, prior to it being filed with the irs.

Form 990, Part VI, Section B, Line 12C

A conflict of interest policy form is signed annually by board members and reviewed by the executive director to ensure compliance.

Form 990, Part VI, Section C, Line 19

The foundation makes it governing documents, policies, and finacial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
St Cloud Technical and Community College
EIN
41-1791598
Phone
3203085980
Address
1540 NORTHWAY DR, ST CLOUD, MN 56303

Signing Officer

Name
Allison J Waggoner
Title
Board President Fy 2016
Phone
3203085980
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allison J Waggoner
Formed
1994
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
55

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
PO BOX 1496, ST CLOUD, MN 56302-1496
Preparer
Shelley Gaetz
Phone
3202510286
Supplemental Narrative

Additional Explanations

Schedule R, Part V, Line 2

St. Cloud technical and community college foundation reimburses the st. Cloud technical & community college (which is part of the mnscu college system, a government entity) for salaries used by the sctcc foundation. The foundation has no employees; they are employees of st. Cloud technical & community college. St. Cloud technical and community college foundation uses the labor, facilities, equipment, and other resources of st. Cloud technical & community college, which are tracked. As long as the foundation provides at least that amount in scholarships back to the college, no reimbursement of the facilities or other resources is required.

Financial Statement Notes

PART V, LINE 4:

To further the purpose and mission of the foundation.

PART X, LINE 2:

U.s. Gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the organization, and has concluded that as of june 30, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2012.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 10,612.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 10,612.

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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/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ST. CLOUD TECHNICAL AND COMMUNITY COLLEGE (SCTCC) PARTNERS WITH DONORS TO INVEST IN ST. CLOUD TECHNICAL AND COMMUNITY COLLEGE TO SUPPORT STUDENTS IN ACHIEVING SUCCESS AND TO BUILD THE ECONOMY OF CENTRAL MINNESOTA AND BEYOND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02322138
IRS990/NetAssetsOrFundBalancesEOYAmt02422989
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt012497
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012497
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0109852
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt03358
IRS990/OfficeExpensesGrp/TotalAmt03358
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0294577
IRS990/OtherAssetsTotalGrp/EOYAmt0330596
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT & GENERAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010706
IRS990/OtherExpensesGrp/TotalAmt010706
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INCREASE IN CASH SURRE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036019
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036019
IRS990/OtherRevenueTotalAmt036019
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0214473
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214473
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0632777
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0705746
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025568
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04375
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04375
IRS990/PrincipalOfficerNm0ALLISON J WAGGONER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0AWARDING STUDENT SCHOLARSHIPS. THE ST. CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATION AWARDED 364 SCHOLARSHIPS TO STUDENTS IN THE FISCAL YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0210006
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0210006
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0334461
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0191119
IRS990/PYInvestmentIncomeAmt063479
IRS990/PYOtherExpensesAmt081560
IRS990/PYOtherRevenueAmt046217
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt054495
IRS990/PYSalariesCompEmpBnftPaidAmt0116983
IRS990/PYTotalExpensesAmt0389662
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0444157
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9001
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt036019
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104827
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0484658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0334461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0257425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0145580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0177009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01399133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt062508
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt063479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt059912
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041835
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039650
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0267384
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0110576
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70560
IRS990ScheduleA/PublicSupportPY170Pct00.56820
IRS990ScheduleA/PublicSupportTotal170Amt01175846
IRS990ScheduleA/SubstantialContributorsTotAmt0223287
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0484658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0334461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0257425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0145580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177009
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01399133
IRS990ScheduleA/TotalSupportAmt01666517
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/CYEndwmtFundGrp/AdministrativeExpensesAmt011902
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01835618
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt039190
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02012856
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0172164
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt022214
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt011451
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01794947
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt018210
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01835618
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt052487
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt018575
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt08757
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01764199
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01794947
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt054710
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt018041
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011593
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01581325
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt014890
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01764199
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0194105
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt014528
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt010495
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01511613
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0105038
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01581325
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-12336
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt012495
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt010612
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0604683
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0109852
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0330596
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH VALUE OF LIFE INSURANCE
IRS990ScheduleD/OtherExpensesIncludedAmt010612
IRS990ScheduleD/OtherRevenueAmt010612
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02012856
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CENTRAL MN COMMUNITY FOUNDATION INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0120464
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0595682
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO FURTHER THE PURPOSE AND MISSION OF THE FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 10,612.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES 10,612.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0330596
IRS990ScheduleD/TotalBookValueSecuritiesAmt02012856
IRS990ScheduleD/TotalExpensesPerForm990Amt0604683
IRS990ScheduleD/TotalRevenuePerForm990Amt0595682
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0716146
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0615295
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010612
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0NIGHT OF 1,000 LAUGHS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023109
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012497
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010612
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010612
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0210006
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS INDIRECTLY GRANTED TO STUDENTS THROUGH THE COLLEGE.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0364
IRS990ScheduleI/RecipientTable/CashGrantAmt010144
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$0.02$5.72$1.07$0.70$0.38
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$0.01$5.08$1.31$0.58$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$0.02$4.10$0.64$0.79$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.01$4.14$0.59$0.51$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.00$3.66$0.49$0.32$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.00$3.09$0.79$0.86$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.01$3.27$0.80$0.71$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.01$3.07$1.11$0.54$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.01$2.43$0.53$0.53$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.44$0.02$2.42$0.60$0.60$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.44$0.39$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.00$2.28$0.35$0.44$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.01$2.24$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.16$2.01$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.17$2.09$0.35