Civic Intelligence

African American AIDS Task Force

990 • Fiscal year 2016 • EIN 41-1798002

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

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

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

97th percentile

$85,248

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

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

Asset Growth

89th percentile

79%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

51st percentile

1.5%

Faster revenue growth than 51% of similar nonprofits.

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

Assets

Up

$149,537

Up $66,210 (+79%) from 2015

Net Assets

Up

$106,528

Up $52,712 (+98%) from 2015

Liabilities

Up

$43,009

Up $13,498 (+46%) from 2015

Revenue

Up

$470,028

Up $6,805 (+1.5%) from 2015

Expenses

Down

$417,316

Down $79,281 (-16%) from 2015

Net Income

Up

$52,712

Up $86,086 (+258%) 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 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

2016

Assets$149,537
Liabilities$43,009
Net Assets$106,528

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

2016

Revenue$470,028
Expenses$417,316
Net Income$52,712
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$470,028
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
Pledges and Grants Receivable$35,915$90,723▲ $54,808
Savings and Temporary Cash Investments$15,203$29,702▲ $14,499
Cash and Non-Interest-Bearing Accounts$11,562$11,245▼ $317
Prepaid Expenses and Deferred Charges$9,175$5,902▼ $3,273
Land, Buildings, and Equipment, Net$4,727$5,220▲ $493
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$83,327$149,537▲ $66,210
Other Assets Total$6,745$6,745→ $0
Liabilities
Accounts Payable and Accrued Expenses$29,511$43,009▲ $13,498
Total Liabilities$29,511$43,009▲ $13,498
Net Assets / Fund Balance
Unrestricted Net Assets$53,816$106,528▲ $52,712
Total Net Assets Fund Balance$53,816$106,528▲ $52,712
Total Liabilities and Net Assets / Fund Balance$83,327$149,537▲ $66,210

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,220$8,732$13,952
Other Land Buildings-$11,933$11,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gwendolyn VelezExecutive DirecFT$85,248$85,248

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$425,051
Program Service Revenue
$44,958
Investment Income
$19
Other Revenue
$0
All Other Contributions
$51,988
Change in Net Assets
$52,712

Audited Revenue Reconciliation

Revenue per Audited Statements
$470,028
Total Revenue per Audited Statements
$470,028
Total Revenue per Form 990
$470,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$273,471
Other Expenses$143,845
Total Fundraising Expense$25,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,129$19,196$10,336$147,661
Current Officers, Directors, Trustees, and Key Employees$78,650$12,781$6,882$98,313
Occupancy$33,600$5,460$2,940$42,000
Fees for Services Accounting-$29,064-$29,064
Fees for Services Other$23,929$503-$24,432
Payroll Taxes$16,712$2,716$1,462$20,890
Other Employee Benefits$5,286$858$463$6,607
Insurance$4,228$686$371$5,285
Other Expenses$3,943$641$345$4,929
All Other Expenses$3,309--$3,309
Office Expenses$1,649$268$144$2,061
Depreciation Depletion$1,298$210$114$1,622
Conferences and Meetings$1,467--$1,467
Total Functional Expenses$316,689$75,112$25,515$417,316

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$417,316
Total Expenses per Audited Statements$417,316
Total Expenses per Form 990$417,316
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
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gwendolyn Velez
Formed
1994
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
8
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/PledgesAndGrantsReceivableGrp/BOYAmt035915
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt090723
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09175
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05902
IRS990/PrincipalOfficerNm0GWENDOLYN VELEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0304B Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044958
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0463210
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0170077
IRS990/PYRevenuesLessExpensesAmt0-33374
IRS990/PYSalariesCompEmpBnftPaidAmt0326520
IRS990/PYTotalExpensesAmt0496597
IRS990/PYTotalRevenueAmt0463223
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt052712
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015203
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0470009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0463210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0436487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0501488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0390243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02261437
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0166
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0674
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0839
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95060
IRS990ScheduleA/PublicSupportPY170Pct00.95340
IRS990ScheduleA/PublicSupportTotal170Amt02150611
IRS990ScheduleA/SubstantialContributorsTotAmt0110826
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0470009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0463210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0436487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0501488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0390243
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02261437
IRS990ScheduleA/TotalSupportAmt02262442
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/BookValueAmt05220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08732
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013952
IRS990ScheduleD/ExpensesSubtotalAmt0417316
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011933
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011933
IRS990ScheduleD/RevenueSubtotalAmt0470028
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/TotalBookValueLandBuildingsAmt05220
IRS990ScheduleD/TotalExpensesPerForm990Amt0417316
IRS990ScheduleD/TotalRevenuePerForm990Amt0470028
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0470028
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0417316
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/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt083327
IRS990/TotalAssetsEOYAmt0149537
IRS990/TotalAssetsGrp/BOYAmt083327
IRS990/TotalAssetsGrp/EOYAmt0149537
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0425051
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025515
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075112
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0316689
IRS990/TotalFunctionalExpensesGrp/TotalAmt0417316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029511
IRS990/TotalLiabilitiesEOYAmt043009
IRS990/TotalLiabilitiesGrp/BOYAmt029511
IRS990/TotalLiabilitiesGrp/EOYAmt043009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053816
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0106528
IRS990/TotalProgramServiceExpensesAmt0316689
IRS990/TotalProgramServiceRevenueAmt044958
IRS990/TotalReportableCompFromOrgAmt085248
IRS990/TotalRevenueGrp/ExclusionAmt019
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt044958
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0470028
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt083327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0149537
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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