Civic Intelligence

The Rising Phoenix

990 • Fiscal year 2020 • EIN 41-1855407

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 18, 2021

204 Bryant Ave SEWadena, MN 56482

(218) 631-2113

Siviq Scores

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

Liabilities / Assets

81st percentile

0.41x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.22x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

50th percentile

5.9%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

34th percentile

0.1%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-33%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$278,527

Up $323 (+0.1%) from 2019

Net Assets

Up

$163,057

Up $31,421 (+24%) from 2019

Liabilities

Down

$115,470

Down $31,098 (-21%) from 2019

Revenue

Down

$529,006

Down $266,068 (-33%) from 2019

Expenses

Down

$497,585

Down $263,169 (-35%) from 2019

Net Income

Down

$31,421

Down $2,899 (-8.4%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $453,534Liabilities 2010: $251,353Net Assets 2010: $202,1812010Assets 2011: $843,721Liabilities 2011: $636,688Net Assets 2011: $207,0332011Assets 2012: $888,180Liabilities 2012: $633,578Net Assets 2012: $254,6022012Assets 2013: $823,145Liabilities 2013: $585,565Net Assets 2013: $237,5802013Assets 2014: $800,277Liabilities 2014: $537,758Net Assets 2014: $262,5192014Assets 2015: $758,791Liabilities 2015: $495,726Net Assets 2015: $263,0652015Assets 2016: $327,189Liabilities 2016: $230,418Net Assets 2016: $96,7712016Assets 2017: $307,382Liabilities 2017: $198,560Net Assets 2017: $108,8222017Assets 2018: $271,895Liabilities 2018: $174,579Net Assets 2018: $97,3162018Assets 2019: $278,204Liabilities 2019: $146,568Net Assets 2019: $131,6362019Assets 2020: $278,527Liabilities 2020: $115,470Net Assets 2020: $163,0572020Assets 2021: $440,682Liabilities 2021: $92,158Net Assets 2021: $348,5242021Assets 2022: $408,128Liabilities 2022: $43,545Net Assets 2022: $364,5832022Assets 2023: $453,829Liabilities 2023: $39,416Net Assets 2023: $414,4132023Assets 2024: $631,130Liabilities 2024: $42,256Net Assets 2024: $588,8742024

Highlighted filing

2020

Assets$278,527
Liabilities$115,470
Net Assets$163,057

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $751,3552010Expenses 2011: $817,0232011Expenses 2012: $957,6452012Revenue 2013: $1,009,773Expenses 2013: $1,026,795Net Income 2013: -$17,0222013Revenue 2014: $1,071,123Expenses 2014: $1,046,184Net Income 2014: $24,9392014Revenue 2015: $999,814Expenses 2015: $999,268Net Income 2015: $5462015Revenue 2016: $752,909Expenses 2016: $919,203Net Income 2016: -$166,2942016Revenue 2017: $865,125Expenses 2017: $853,074Net Income 2017: $12,0512017Revenue 2018: $822,037Expenses 2018: $833,543Net Income 2018: -$11,5062018Revenue 2019: $795,074Expenses 2019: $760,754Net Income 2019: $34,3202019Revenue 2020: $529,006Expenses 2020: $497,585Net Income 2020: $31,4212020Revenue 2021: $707,289Expenses 2021: $521,822Net Income 2021: $185,4672021Revenue 2022: $616,461Expenses 2022: $600,402Net Income 2022: $16,0592022Revenue 2023: $707,678Expenses 2023: $657,848Net Income 2023: $49,8302023Revenue 2024: $780,283Expenses 2024: $622,837Net Income 2024: $157,4462024

Highlighted filing

2020

Revenue$529,006
Expenses$497,585
Net Income$31,421
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 18, 2021
Return Version
2020v4.0
Gross Receipts
$529,006
Mission and Program Overview

Mission

Instruct/train/develop skills for persons with mental and physical disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$193,994$186,093▼ $7,901
Cash and Non-Interest-Bearing Accounts$49,261$72,996▲ $23,735
Accounts Receivable$28,858$13,599▼ $15,259
Prepaid Expenses and Deferred Charges$4,784$4,923▲ $139
Intangible Assets$1,307$916▼ $391
Total Assets$278,204$278,527▲ $323
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,380$69,200▼ $27,180
Accounts Payable and Accrued Expenses$50,188$46,270▼ $3,918
Total Liabilities$146,568$115,470▼ $31,098
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$131,636$163,057▲ $31,421
Total Net Assets Fund Balance$131,636$163,057▲ $31,421
Total Liabilities and Net Assets / Fund Balance$278,204$278,527▲ $323

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$133,684$93,585$227,269
Equipment$2,409$69,160$71,569
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy GreenwaldtBoard Chair
Allen LynkVice Chair
Hayley KanlinDirector
Jennifer WestrumDirector
Joann WhiteDirector
Judy DeckerDirector
Toby PierceSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$85,943
Program Service Revenue
$310,354
Investment Income
$46
Other Revenue
$132,663
All Other Contributions
$1,100
Change in Net Assets
$31,421

Audited Revenue Reconciliation

Revenue per Audited Statements
$529,006
Total Revenue per Audited Statements
$529,006
Total Revenue per Form 990
$529,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$388,924
Other Expenses$108,661
Total Fundraising Expense$8,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,989$15,894-$202,883
Current Officers, Directors, Trustees, and Key Employees$44,424$71,420$7,386$123,230
Payroll Taxes$29,361$9,454$760$39,575
Other Employee Benefits$20,912$2,324-$23,236
Insurance$19,581$1,031-$20,612
All Other Expenses$9,265$155-$9,420
Depreciation Depletion$7,506$395-$7,901
Interest$5,616$296-$5,912
Fees for Services Accounting-$5,750-$5,750
Fees for Services Other$4,331--$4,331
Other Expenses$3,270$363-$3,633
Travel$955$50-$1,005
Advertising$665--$665
Total Functional Expenses$379,463$109,976$8,146$497,585

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$497,585
Total Expenses per Audited Statements$497,585
Total Expenses per Form 990$497,585
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
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 35% controlled entity
No
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
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, Page 6, Part VI, Line 11B

A copy of the form 990 is passed out to board members at a board meeting prior to filing. Board members are given an opportunity to ask questions during the meeting.

Form 990, Page 6, Part VI, Line 12C

Officers, directors and key employees are required to complete a conflict of interest statement annually and to update immediately upon any change in status.

Form 990, Page 6, Part VI, Line 15A

The executive director is reviewed annually and approved by the entire board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
The Rising Phoenix
EIN
41-1855407
Phone
2186312113
Address
204 BRYANT AVE SE, WADENA, MN 56482

Signing Officer

Name
Sherri Hinzmann
Title
Executive Director
Phone
2186312113
Signed
2021-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherri Hinzmann
Formed
1996
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
67

Preparer

Firm
Hugh Heinecke CPA
Address
38 MINNESOTA AVE S, AITKIN, MN 56431-1621
Preparer
Hugh D Heinecke Ii
Phone
2189276111
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt090883
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0443017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0815239
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0837188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0880186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0820620
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0146
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03887133
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0528960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0815239
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0838688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0881766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0822480
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0133684
IRS990ScheduleD/BuildingsGrp/DepreciationAmt093585
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0227269
IRS990ScheduleD/EquipmentGrp/BookValueAmt02409
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069160
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071569
IRS990ScheduleD/ExpensesSubtotalAmt0497585
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/RevenueSubtotalAmt0529006
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0186093
IRS990ScheduleD/TotalExpensesPerForm990Amt0497585
IRS990ScheduleD/TotalRevenuePerForm990Amt0529006
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0529006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0497585
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PASSED OUT TO BOARD MEMBERS AT A BOARD MEETING PRIOR TO FILING. BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS DURING THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY AND TO UPDATE IMMEDIATELY UPON ANY CHANGE IN STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt085943
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08146
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109976
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0379463
IRS990/TotalFunctionalExpensesGrp/TotalAmt0497585
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0115470
IRS990/TotalLiabilitiesGrp/BOYAmt0146568
IRS990/TotalLiabilitiesGrp/EOYAmt0115470
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0131636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0163057
IRS990/TotalProgramServiceExpensesAmt0379463
IRS990/TotalProgramServiceRevenueAmt0310354
IRS990/TotalRevenueGrp/ExclusionAmt046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0443017
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0529006
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0278204
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0278527
IRS990/TravelGrp/ManagementAndGeneralAmt050
IRS990/TravelGrp/ProgramServicesAmt0955
IRS990/TravelGrp/TotalAmt01005
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0204 BRYANT AVE SE
IRS990/USAddress/CityNm0WADENA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056482
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRI HINZMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02186312113
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RISING PHOENIX
ReturnHeader/Filer/BusinessNameControlTxt0RISI
ReturnHeader/Filer/EIN0411855407
ReturnHeader/Filer/PhoneNum02186312113
ReturnHeader/Filer/USAddress/AddressLine1Txt0204 BRYANT AVE SE
ReturnHeader/Filer/USAddress/CityNm0WADENA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.04$0.59$0.78$0.62$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.04$0.41$0.71$0.66$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.04$0.36$0.62$0.60$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.09$0.35$0.71$0.52$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.12$0.16$0.53$0.50$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.28$0.15$0.13$0.80$0.76$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.17$0.10$0.82$0.83$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.20$0.11$0.87$0.85$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.23$0.10$0.75$0.92$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.50$0.26$1.00$1.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.54$0.26$1.07$1.05$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.59$0.24$1.01$1.03$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.63$0.25$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.64$0.21$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.25$0.20$0.75