Civic Intelligence

Twin Cities Quorum

990EZ • Fiscal year 2013 • EIN 41-1816262

Jan 01, 2013 to Dec 31, 2013 • Filed on May 01, 2014

18 N 12th St Suite 360655403

(612) 460-8153

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

92nd percentile

32%

Higher net margin than 92% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

99th percentile

322%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

60th percentile

6.5%

Faster revenue growth than 60% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$26,233

Up $20,014 (+322%) from 2012

Net Assets

Up

$26,233

Up $20,014 (+322%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$62,939

Up $3,832 (+6.5%) from 2012

Expenses

Down

$42,925

Down $9,158 (-18%) from 2012

Net Income

Up

$20,014

Up $12,990 (+185%) from 2012

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2010: $14,370Liabilities 2010: $2,190Net Assets 2010: $12,1802010Assets 2011: $913Liabilities 2011: $1,718Net Assets 2011: -$8052011Assets 2012: $6,219Net Assets 2012: $6,2192012Assets 2013: $26,233Liabilities 2013: $0Net Assets 2013: $26,2332013Assets 2014: $47,982Liabilities 2014: $0Net Assets 2014: $47,9822014Assets 2015: $22,310Liabilities 2015: $0Net Assets 2015: $22,3102015Assets 2016: $4,663Liabilities 2016: $0Net Assets 2016: $4,6632016Assets 2017: $14,322Liabilities 2017: $7,961Net Assets 2017: $6,3612017Assets 2018: $27,129Liabilities 2018: $0Net Assets 2018: $27,1292018Assets 2019: $32,751Liabilities 2019: $378Net Assets 2019: $32,3732019Assets 2020: $73,096Liabilities 2020: $40,900Net Assets 2020: $32,1962020Assets 2021: $78,043Liabilities 2021: $41,269Net Assets 2021: $36,7742021Assets 2022: $84,656Liabilities 2022: $40,900Net Assets 2022: $43,7562022Assets 2024: $17,477Liabilities 2024: $0Net Assets 2024: $17,4772024

Highlighted filing

2013

Assets$26,233
Liabilities$0
Net Assets$26,233

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $153,330Expenses 2010: $139,920Net Income 2010: $13,4102010Revenue 2011: $105,269Expenses 2011: $107,819Net Income 2011: -$2,5502011Revenue 2012: $59,107Expenses 2012: $52,083Net Income 2012: $7,0242012Revenue 2013: $62,939Expenses 2013: $42,925Net Income 2013: $20,0142013Revenue 2014: $71,289Expenses 2014: $49,540Net Income 2014: $21,7492014Revenue 2015: $84,137Expenses 2015: $109,809Net Income 2015: -$25,6722015Revenue 2016: $98,179Expenses 2016: $115,826Net Income 2016: -$17,6472016Revenue 2017: $111,078Expenses 2017: $109,380Net Income 2017: $1,6982017Revenue 2018: $123,992Expenses 2018: $103,251Net Income 2018: $20,7412018Revenue 2019: $122,549Expenses 2019: $117,305Net Income 2019: $5,2442019Revenue 2020: $90,999Expenses 2020: $91,176Net Income 2020: -$1772020Revenue 2021: $122,843Expenses 2021: $118,265Net Income 2021: $4,5782021Revenue 2022: $145,321Expenses 2022: $138,340Net Income 2022: $6,9812022Revenue 2024: $195,823Expenses 2024: $212,713Net Income 2024: -$16,8902024

Highlighted filing

2013

Revenue$62,939
Expenses$42,925
Net Income$20,014
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 1, 2014
Return Version
2013v3.0
Gross Receipts
$62,939
Mission and Program Overview

Mission

Twin Cities GLBT Chamber of Commerce

Twin Cities Quorum (Quorum) champions the business case for a fully inclusive community as a conduit for economic development and a leader in the continuum of change. As the Twin Cities GLBT + Allied Chamber of Commerce, Quorum is a conduit for economic development. Our work includes assisting and developing certified GLBT owned enterprises and supporting their entrance into the supply chains of forward thinking equality-minded companies through fully inclusive Supplier Diversity programs as well as creating visibility and business activity for all of our member business and organizations.

Program Services

DescriptionGrantsExpenses
National Coming Out Day is a celebration of achievements in the Twin Cities LGBT community. It is an opportunity for business leaders to network and learn best in class practices for creating a work environment where employees can live authentic lives and exceed performance expectations. In 2013, approximately 500 business professionals from the Twin Cities Metropolitan Area attended the event.$0$0
The Leadership Awards Celebration is an event highlighting the successes of member businesses. It is an opportunity for the Board to recognize outstanding achievement, naming a "Business of the Year," "NonProfit of the Year," "Business Leader of the Year," "Inclusion Leader of the Year," and "Lifetime Achievement" honoree. Attendance in 2013 was approximately 100.$0$0
The Annual Meeting is a holiday celebration where members have an opportunity to network, future Board and Officer membership is approved and the financial report of the past year is reviewed. Attendance in 2013 was approximately 100.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy RuzickPresidentPT$0--
Mark WaldorfVice PresidentPT$0--
Aaron ForbortTreasurerPT$0--
Seth Orion ViebrockSecretary/Young Professionals Chair-$0--
Barbara Johnson HannahMembership Chair-$0--
Adam ElgMember Profile & Corporate Recruiting Chair-$0--
Amy NeisSocial Media Chair-$0--
Harvey PerleNglcc Certification Chair-$0--
Jaren KeatonMember Outreach Chair-$0--
Kevin RingdahlPride Presence Chair-$0--
Mary PokludaSignature Events Chair-$0--
Peter TollefsonCorporate Membership/Wpa Chair-$0--
Robbie DroddyWpa/Corporate Membership Chair-$0--
Tiffany PaulsonMarketing And Advertising Chair-$0--
Filing and Contact Details

Filer

EIN
41-1816262
Phone
6124608153

Signing Officer

Name
Aaron Forbert
Title
Treasurer
Phone
6127991901
Signed
2014-05-01
Discuss with paid preparer
Yes

Preparer

Preparer
Ronald Brunk-Parker
Phone
6125785849
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Sponsored Events;26289|Information Technology;1451|Dues and Subscriptions;500|Promotion;1080|Bank and Financial Fees;2949|Insurance;1373|Board Development;671^Total;34313^

Raw XML Appendix197 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Barbara Johnson Hannah
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Amy Neis
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12WPA/Corporate Membership Chair
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IRS990EZ/PrimaryExemptPurposeTxt0Twin Cities Quorum (Quorum) champions the business case for a fully inclusive community as a conduit for economic development and a leader in the continuum of change. As the Twin Cities GLBT + Allied Chamber of Commerce, Quorum is a conduit for economic development. Our work includes assisting and developing certified GLBT owned enterprises and supporting their entrance into the supply chains of forward thinking equality-minded companies through fully inclusive Supplier Diversity programs as well as creating visibility and business activity for all of our member business and organizations.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0National Coming Out Day is a celebration of achievements in the Twin Cities LGBT community. It is an opportunity for business leaders to network and learn best in class practices for creating a work environment where employees can live authentic lives and exceed performance expectations. In 2013, approximately 500 business professionals from the Twin Cities Metropolitan Area attended the event.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The Leadership Awards Celebration is an event highlighting the successes of member businesses. It is an opportunity for the Board to recognize outstanding achievement, naming a "Business of the Year," "NonProfit of the Year," "Business Leader of the Year," "Inclusion Leader of the Year," and "Lifetime Achievement" honoree. Attendance in 2013 was approximately 100.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2The Annual Meeting is a holiday celebration where members have an opportunity to network, future Board and Officer membership is approved and the financial report of the past year is reviewed. Attendance in 2013 was approximately 100.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Sponsored Events;26289|Information Technology;1451|Dues and Subscriptions;500|Promotion;1080|Bank and Financial Fees;2949|Insurance;1373|Board Development;671^Total;34313^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Aaron Forbert
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ReturnHeader/BusinessOfficerGrp/PhoneNum06127991901
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ReturnHeader/Filer/EIN0411816262
ReturnHeader/Filer/PhoneNum06124608153
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ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055403
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Ronald E Brunk-Parker CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102630 Irving Ave N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
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ReturnHeader/PreparerPersonGrp/PhoneNum06125785849
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald Brunk-Parker
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-05-05T12:38:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.96$2.13$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.41$0.44$1.45$1.38$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.41$0.37$1.23$1.18$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.41$0.32$0.91$0.91$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.32$1.23$1.17$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.24$1.03$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.14$0.08$0.06$1.11$1.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.98$1.16$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.84$1.10$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.71$0.50$0.22
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.63$0.43$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.59$0.52$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.02$0.01$1.05$1.08$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.02$0.12$1.53$1.40$0.13