Civic Intelligence

African American AIDS Task Force

990 • Fiscal year 2017 • EIN 41-1798002

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

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

74th percentile

0.24x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.12x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

89th percentile

$102,943

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

93rd percentile

83%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$274,364

Up $124,827 (+83%) from 2016

Net Assets

Up

$208,677

Up $102,149 (+96%) from 2016

Liabilities

Up

$65,687

Up $22,678 (+53%) from 2016

Revenue

Up

$562,669

Up $92,641 (+20%) from 2016

Expenses

Up

$460,520

Up $43,204 (+10%) from 2016

Net Income

Up

$102,149

Up $49,437 (+94%) from 2016

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

2017

Assets$274,364
Liabilities$65,687
Net Assets$208,677

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

2017

Revenue$562,669
Expenses$460,520
Net Income$102,149
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$562,669
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$90,723$123,811▲ $33,088
Savings and Temporary Cash Investments$29,702$103,988▲ $74,286
Cash and Non-Interest-Bearing Accounts$11,245$21,111▲ $9,866
Land, Buildings, and Equipment, Net$5,220$12,010▲ $6,790
Prepaid Expenses and Deferred Charges$5,902$6,699▲ $797
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$149,537$274,364▲ $124,827
Other Assets Total$6,745$6,745→ $0
Liabilities
Accounts Payable and Accrued Expenses$43,009$65,687▲ $22,678
Total Liabilities$43,009$65,687▲ $22,678
Net Assets / Fund Balance
Unrestricted Net Assets$106,528$208,677▲ $102,149
Total Net Assets Fund Balance$106,528$208,677▲ $102,149
Total Liabilities and Net Assets / Fund Balance$149,537$274,364▲ $124,827

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,251$12,294$15,545
Equipment$8,759$6,213$14,972
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Roderic SouthallDirector$89,879$13,064$102,943

Board Members and Trustees

NameTitle
Lamont GilliamChairman
Juli M WisemanVice Chair/Trea
Gwendolyn VelezExecutive Direc
Paul HerzbergSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$448,404
Program Service Revenue
$114,154
Investment Income
$111
Other Revenue
$0
All Other Contributions
$25,380
Change in Net Assets
$102,149

Audited Revenue Reconciliation

Revenue per Audited Statements
$562,669
Total Revenue per Audited Statements
$562,669
Total Revenue per Form 990
$562,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$298,099
Other Expenses$162,421
Total Fundraising Expense$26,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,350$21,995$11,843$169,188
Current Officers, Directors, Trustees, and Key Employees$82,355$13,382$7,206$102,943
Occupancy$33,600$5,460$2,940$42,000
Fees for Services Other$29,159--$29,159
Fees for Services Accounting-$26,317-$26,317
Payroll Taxes$16,484$2,679$1,442$20,605
Other Expenses$6,448$1,230$663$6,448
Fees for Services Management-$5,400-$5,400
Other Employee Benefits$4,290$697$376$5,363
All Other Expenses$4,285$696$375$5,356
Insurance$3,889$632$340$4,861
Conferences and Meetings$3,671--$3,671
Office Expenses$2,572$418$225$3,215
Depreciation Depletion$2,100$341$184$2,625
Total Functional Expenses$353,664$80,557$26,299$460,520

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$460,520
Total Expenses per Audited Statements$460,520
Total Expenses per Form 990$460,520
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
2018-11-13
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 CPA
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/PayrollTaxesGrp/ProgramServicesAmt016484
IRS990/PayrollTaxesGrp/TotalAmt020605
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt090723
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0123811
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05902
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06699
IRS990/PrincipalOfficerNm0GWENDOLYN VELEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0304B Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0114154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114154
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0425051
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0143845
IRS990/PYProgramServiceRevenueAmt044958
IRS990/PYRevenuesLessExpensesAmt052712
IRS990/PYSalariesCompEmpBnftPaidAmt0273471
IRS990/PYTotalExpensesAmt0417316
IRS990/PYTotalRevenueAmt0470028
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0102149
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029702
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0448404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0425051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0463210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0436487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0501488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02274640
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0111
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0165
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0165
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97010
IRS990ScheduleA/PublicSupportPY170Pct00.95060
IRS990ScheduleA/PublicSupportTotal170Amt02207016
IRS990ScheduleA/SubstantialContributorsTotAmt067624
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0448404
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0425051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0436487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0501488
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02274640
IRS990ScheduleA/TotalSupportAmt02275037
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt08759
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014972
IRS990ScheduleD/ExpensesSubtotalAmt0460520
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03251
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012294
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015545
IRS990ScheduleD/RevenueSubtotalAmt0562669
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/TotalBookValueLandBuildingsAmt012010
IRS990ScheduleD/TotalExpensesPerForm990Amt0460520
IRS990ScheduleD/TotalRevenuePerForm990Amt0562669
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0562669
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0460520
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/TotalAssetsBOYAmt0149537
IRS990/TotalAssetsEOYAmt0274364
IRS990/TotalAssetsGrp/BOYAmt0149537
IRS990/TotalAssetsGrp/EOYAmt0274364
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0448404
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026299
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353664
IRS990/TotalFunctionalExpensesGrp/TotalAmt0460520
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043009
IRS990/TotalLiabilitiesEOYAmt065687
IRS990/TotalLiabilitiesGrp/BOYAmt043009
IRS990/TotalLiabilitiesGrp/EOYAmt065687
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106528
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0208677
IRS990/TotalOtherCompensationAmt013064
IRS990/TotalProgramServiceExpensesAmt0353664
IRS990/TotalProgramServiceRevenueAmt0114154
IRS990/TotalReportableCompFromOrgAmt089879
IRS990/TotalRevenueGrp/ExclusionAmt0111
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0562669
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0149537
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0274364
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0106528
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0208677
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02400 PARK AVENUE SOUTH
IRS990/USAddress/CityNm0MINNEAPOLIS

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