Civic Intelligence

African American AIDS Task Force

990 • Fiscal year 2014 • EIN 41-1798002

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

2400 Park Avenue SouthMinneapolis, MN 55404

(612) 825-2052

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.21x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.07x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

34th percentile

-2.9%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

98th percentile

$93,002

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

51st percentile

2.6%

Faster asset growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-13%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$134,760

Up $3,438 (+2.6%) from 2013

Net Assets

Down

$105,963

Down $12,695 (-11%) from 2013

Liabilities

Up

$28,797

Up $16,133 (+127%) from 2013

Revenue

Down

$436,534

Down $65,161 (-13%) from 2013

Expenses

Down

$449,229

Down $17,858 (-3.8%) from 2013

Net Income

Down

-$12,695

Down $47,303 (-137%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $112,174Liabilities 2010: $8,632Net Assets 2010: $103,5422010Assets 2011: $93,610Liabilities 2011: $16,390Net Assets 2011: $77,2202011Assets 2012: $112,117Liabilities 2012: $28,067Net Assets 2012: $84,0502012Assets 2013: $131,322Liabilities 2013: $12,664Net Assets 2013: $118,6582013Assets 2014: $134,760Liabilities 2014: $28,797Net Assets 2014: $105,9632014Assets 2015: $83,327Liabilities 2015: $29,511Net Assets 2015: $53,8162015Assets 2016: $149,537Liabilities 2016: $43,009Net Assets 2016: $106,5282016Assets 2017: $274,364Liabilities 2017: $65,687Net Assets 2017: $208,6772017Assets 2018: $410,078Liabilities 2018: $76,542Net Assets 2018: $333,5362018Assets 2019: $411,378Liabilities 2019: $111,130Net Assets 2019: $300,2482019Assets 2020: $438,109Liabilities 2020: $101,382Net Assets 2020: $336,7272020Assets 2021: $389,507Liabilities 2021: $19,553Net Assets 2021: $369,9542021

Highlighted filing

2014

Assets$134,760
Liabilities$28,797
Net Assets$105,963

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $450,815Expenses 2010: $489,790Net Income 2010: -$38,9752010Expenses 2011: $378,0082011Revenue 2012: $390,962Expenses 2012: $384,132Net Income 2012: $6,8302012Revenue 2013: $501,695Expenses 2013: $467,087Net Income 2013: $34,6082013Revenue 2014: $436,534Expenses 2014: $449,229Net Income 2014: -$12,6952014Revenue 2015: $463,223Expenses 2015: $496,597Net Income 2015: -$33,3742015Revenue 2016: $470,028Expenses 2016: $417,316Net Income 2016: $52,7122016Revenue 2017: $562,669Expenses 2017: $460,520Net Income 2017: $102,1492017Revenue 2018: $820,106Expenses 2018: $695,247Net Income 2018: $124,8592018Revenue 2019: $718,095Expenses 2019: $751,383Net Income 2019: -$33,2882019Revenue 2020: $711,552Expenses 2020: $675,073Net Income 2020: $36,4792020Revenue 2021: $741,872Expenses 2021: $663,479Net Income 2021: $78,3932021

Highlighted filing

2014

Revenue$436,534
Expenses$449,229
Net Income-$12,695
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$436,534
Mission and Program Overview

Mission

Provide culturally specific hiv prevention, education, and services to people who are living with or at risk of hiv/aids.

provide culturally specific prevention, education, and services to people of African descent who are living with or at risk of HIV/AIDS

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$49,083$51,631▲ $2,548
Pledges and Grants Receivable$44,446$46,920▲ $2,474
Prepaid Expenses and Deferred Charges$2,913$13,274▲ $10,361
Cash and Non-Interest-Bearing Accounts$22,755$11,135▼ $11,620
Land, Buildings, and Equipment, Net$1,290$4,877▲ $3,587
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$131,322$134,760▲ $3,438
Other Assets Total$10,835$6,923▼ $3,912
Liabilities
Accounts Payable and Accrued Expenses$12,664$28,797▲ $16,133
Total Liabilities$12,664$28,797▲ $16,133
Net Assets / Fund Balance
Unrestricted Net Assets$118,658$105,963▼ $12,695
Total Net Assets Fund Balance$118,658$105,963▼ $12,695
Total Liabilities and Net Assets / Fund Balance$131,322$134,760▲ $3,438

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$11,933$11,933
Equipment$4,877$4,933$9,810
Other Assets Org$178--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gwendolyn VelezExecutive DirecFT$80,825$12,177$93,002

Board Members and Trustees

NameTitle
Lamont GilliamChairman
Juli M WisemanVice Chair/Trea
Roderic SouthallDirector
Paul HerzbergSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$436,487
Program Service Revenue
$0
Investment Income
$47
Other Revenue
$0
All Other Contributions
$36,003
Change in Net Assets
$-12,695

Audited Revenue Reconciliation

Revenue per Audited Statements
$436,534
Total Revenue per Audited Statements
$436,534
Total Revenue per Form 990
$436,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$235,810
Other Expenses$213,419
Total Fundraising Expense$12,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,263$14,014$3,503$116,780
Current Officers, Directors, Trustees, and Key Employees$79,052$11,160$2,790$93,002
Fees for Services Other$70,513$9,955$2,489$82,957
Occupancy$37,986$5,362$1,341$44,689
Fees for Services Accounting-$31,170-$31,170
Payroll Taxes$20,232$2,856$714$23,802
All Other Expenses$7,091$410$103$7,604
Other Expenses$4,587$648$162$5,397
Conferences and Meetings$3,273$462$115$3,850
Other Employee Benefits$1,892$267$67$2,226
Total Functional Expenses$357,906$79,292$12,031$449,229

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$449,229
Total Expenses per Audited Statements$449,229
Total Expenses per Form 990$449,229
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to sign conflict of intererst polcy document at the board "annual meeting".

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Staff salaries are based on the "MN Nonprofit Salary and Benefits Survey" produced by the MN Council of Nonprofits;

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

Available upon request.

Filing and Contact Details

Filer

Filer Name
African American Aids Task Force
EIN
41-1798002
Phone
6128252052
Address
2400 PARK AVENUE SOUTH, MINNEAPOLIS, MN 55404

Signing Officer

Name
Gwendolyn Velez
Title
Executive Director
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
6
Volunteers
30

Preparer

Firm
Carpenter Evert & Associates
Address
7760 France Ave S 940, Bloomington, MN 55435
Preparer
Neal O Evert
Phone
9528310085
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A: If organization elected under SFAS 116 to not report are, historical treasures, O

Part III, Line 4: The organization has an African American art collection on display in its office that was primarily donated. The collection benefits the organization because it does not decrease in value and adds to the organization's assets. In addition, the use of cultural art in the space was intentional to promote a nurturing environment reflective of the people served.

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013274
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0501488
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt042
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0221460
IRS990/PYOtherRevenueAmt0165
IRS990/PYRevenuesLessExpensesAmt034608
IRS990/PYSalariesCompEmpBnftPaidAmt0245627
IRS990/PYTotalExpensesAmt0467087
IRS990/PYTotalRevenueAmt0501695
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-12695
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049083
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0436487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0501488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0390243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0366116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0449777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02144111
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0536
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0732
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0165
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0674
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt093
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0502
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01434
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94860
IRS990ScheduleA/PublicSupportPY170Pct00.96080
IRS990ScheduleA/PublicSupportTotal170Amt02036062
IRS990ScheduleA/SubstantialContributorsTotAmt0108049
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0436487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0501488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0390243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0366116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0449777
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02144111
IRS990ScheduleA/TotalSupportAmt02146277
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04877
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04933
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09810
IRS990ScheduleD/ExpensesSubtotalAmt0449229
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06745
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1178
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Collections - Art
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011933
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011933
IRS990ScheduleD/RevenueSubtotalAmt0436534
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Part III, Line 4: The organization has an African American art collection on display in its office that was primarily donated. The collection benefits the organization because it does not decrease in value and adds to the organization's assets. In addition, the use of cultural art in the space was intentional to promote a nurturing environment reflective of the people served.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04877
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06923
IRS990ScheduleD/TotalExpensesPerForm990Amt0449229
IRS990ScheduleD/TotalRevenuePerForm990Amt0436534
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0436534
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0449229
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to sign conflict of intererst polcy document at the board "annual meeting".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Staff salaries are based on the "MN Nonprofit Salary and Benefits Survey" produced by the MN Council of Nonprofits;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0131322
IRS990/TotalAssetsEOYAmt0134760
IRS990/TotalAssetsGrp/BOYAmt0131322
IRS990/TotalAssetsGrp/EOYAmt0134760
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0436487
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012031
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0357906
IRS990/TotalFunctionalExpensesGrp/TotalAmt0449229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012664
IRS990/TotalLiabilitiesEOYAmt028797
IRS990/TotalLiabilitiesGrp/BOYAmt012664
IRS990/TotalLiabilitiesGrp/EOYAmt028797
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0118658
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105963
IRS990/TotalOtherCompensationAmt012177
IRS990/TotalProgramServiceExpensesAmt0357906
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt080825
IRS990/TotalRevenueGrp/ExclusionAmt047
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0436534
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0131322
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0134760
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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