Civic Intelligence

Mosaic Apartment Services Inc

EIN 41-1857440 • 501(c)3 • Minneapolis, MN

Profile

Social services provided under county contractors

1822 Park Ave SMinneapolis, MN 55404

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

-0.4%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$18,255

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.8%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$345,264

Up $2,834 (+0.8%) from 2023

Liabilities

Up

$24,429

Up $5,005 (+26%) from 2023

Net Assets

Down

$320,835

Down $2,171 (-0.7%) from 2023

Revenue

Up

$113,025

Up $10,455 (+10%) from 2023

Expenses

Up

$113,510

Up $5,432 (+5.0%) from 2023

Net Income

Up

-$485

Up $5,023 (+91%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $166,030Liabilities 2011: $4,489Net Assets 2011: $161,5412011Assets 2012: $192,558Liabilities 2012: $5,572Net Assets 2012: $186,9862012Assets 2013: $205,188Liabilities 2013: $6,487Net Assets 2013: $198,7012013Assets 2014: $229,635Liabilities 2014: $2,0162014Assets 2015: $270,747Liabilities 2015: $22,152Net Assets 2015: $248,5952015Assets 2016: $296,156Liabilities 2016: $4,518Net Assets 2016: $291,6382016Assets 2017: $312,032Liabilities 2017: $3,197Net Assets 2017: $308,8352017Assets 2018: $331,261Liabilities 2018: $10,460Net Assets 2018: $320,8012018Assets 2019: $336,598Liabilities 2019: $2,801Net Assets 2019: $333,7972019Assets 2020: $361,261Liabilities 2020: $3,613Net Assets 2020: $357,6482020Assets 2021: $384,902Net Assets 2021: $384,9022021Assets 2022: $338,052Liabilities 2022: $11,648Net Assets 2022: $326,4042022Assets 2023: $342,430Liabilities 2023: $19,424Net Assets 2023: $323,0062023Assets 2024: $345,264Liabilities 2024: $24,429Net Assets 2024: $320,8352024

Highlighted filing

2024

Assets$345,264
Liabilities$24,429
Net Assets$320,835

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $103,141Expenses 2011: $87,207Net Income 2011: $15,9342011Revenue 2012: $123,763Expenses 2012: $98,318Net Income 2012: $25,4452012Revenue 2013: $119,712Expenses 2013: $107,997Net Income 2013: $11,7152013Revenue 2014: $126,213Expenses 2014: $97,295Net Income 2014: $28,9182014Revenue 2015: $118,694Expenses 2015: $98,876Net Income 2015: $19,8182015Revenue 2016: $143,824Expenses 2016: $97,864Net Income 2016: $45,9602016Revenue 2017: $128,855Expenses 2017: $112,639Net Income 2017: $16,2162017Revenue 2018: $119,913Expenses 2018: $109,954Net Income 2018: $9,9592018Revenue 2019: $124,223Expenses 2019: $114,717Net Income 2019: $9,5062019Revenue 2020: $140,096Expenses 2020: $116,246Net Income 2020: $23,8502020Revenue 2021: $126,795Expenses 2021: $99,541Net Income 2021: $27,2542021Revenue 2022: $102,644Expenses 2022: $127,841Net Income 2022: -$25,1972022Revenue 2023: $102,570Expenses 2023: $108,078Net Income 2023: -$5,5082023Revenue 2024: $113,025Expenses 2024: $113,510Net Income 2024: -$4852024

Highlighted filing

2024

Revenue$113,025
Expenses$113,510
Net Income-$485

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.45$0.24$3.21$1.13$1.14$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.42$0.19$3.23$1.03$1.08$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.38$0.12$3.26$1.03$1.28$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.85$3.85$1.27$1.00$0.27
2020Detailed filing. Detailed filing data is available for this year.$3.61$0.04$3.58$1.40$1.16$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.37$0.03$3.34$1.24$1.15$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.31$0.10$3.21$1.20$1.10$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.12$0.03$3.09$1.29$1.13$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.96$0.05$2.92$1.44$0.98$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.71$0.22$2.49$1.19$0.99$0.20
2014Summary only. Only limited summary data is available for this year.$2.30$0.02$1.26$0.97$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.06$1.99$1.20$1.08$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.06$1.87$1.24$0.98$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.04$1.62$1.03$0.87$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2024
Return Version
2023v6.0
Gross Receipts
$116,870
Mission and Program Overview

Mission

Social services provided under county contractors

Program Services

DescriptionGrantsExpenses
MOSAIC APARTMENT SERVICES PROVIDES HOUSING SUPPORT (HS) TO ADULTS WITH A DIAGNOSIS OF MENTAL ILLNESS. ALL PARTICIPANTS MUST BE RESIDING IN HENNEPIN COUNTY, MINNESOTA. MOSAIC HAS A CONTRACT WITH HENNEPIN COUNTY TO PROVIDE SERVICES AND BE AN AUTHORIZED VENDOR. SERVICES INCLUDE: -LIASION BETWEEN CLIENT AND LANDLORD/PROPERTY MANAGEMENT -RENT AND UTILITY PAYMENTS -BUDGETING -SHOPPING -MENTAL HEALTH CHECK INS -ASSISTANCE WITH ACCESSING OTHER SERVICES AS INDICATED -ENSURING THAT CLIENT HAS ADEQUATE FOOD -INFORMATION AND REFERRAL (I.E. VOCATIO0NAL SERVICES, ACCESSING OTHER ALLOWABLE PROVIDERS AND SERVICES, ETC.)-$103,426
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARA WILLIAMSExecutive DiPT$17,649$606$18,255
BEN PAULSecretary/Tr-$0--
CONNOR MUHONENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Mosaic Apartment Services Inc
EIN
41-1857440
Phone
6128715800
Address
1822 PARK AVE S, MINNEAPOLIS, MN 55404

Signing Officer

Name
Sara Williams
Title
Executive Director
Phone
6128715800
Signed
2024-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank service charge 943 telephone 932 miscellaneous 1,087 continuing education 70 office supplies 898 total 3,930

Form 990-ez, Part I, Line 20

Beginning restricted liabilities -6,335 net unrealized gains 4,649

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 79 0 funds held for others 19,345 24,429

Form 990-ez, Part III, Line 28

Mosaic apartment services provides housing support (hs) to adults with a diagnosis of mental illness. All participants must be residing in hennepin county, minnesota. Mosaic has a contract with hennepin county to provide services and be an authorized vendor. Services include: -liasion between client and landlord/property management -rent and utility payments -budgeting -shopping -mental health check ins -assistance with accessing other services as indicated -ensuring that client has adequate food -information and referral (i.e. Vocatio0nal services, accessing other allowable providers and services, etc.)

Raw XML Appendix165 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGE 943 TELEPHONE 932 MISCELLANEOUS 1,087 CONTINUING EDUCATION 70 OFFICE SUPPLIES 898 TOTAL 3,930
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEGINNING RESTRICTED LIABILITIES -6,335 NET UNREALIZED GAINS 4,649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 79 0 FUNDS HELD FOR OTHERS 19,345 24,429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MOSAIC APARTMENT SERVICES PROVIDES HOUSING SUPPORT (HS) TO ADULTS WITH A DIAGNOSIS OF MENTAL ILLNESS. ALL PARTICIPANTS MUST BE RESIDING IN HENNEPIN COUNTY, MINNESOTA. MOSAIC HAS A CONTRACT WITH HENNEPIN COUNTY TO PROVIDE SERVICES AND BE AN AUTHORIZED VENDOR. SERVICES INCLUDE: -LIASION BETWEEN CLIENT AND LANDLORD/PROPERTY MANAGEMENT -RENT AND UTILITY PAYMENTS -BUDGETING -SHOPPING -MENTAL HEALTH CHECK INS -ASSISTANCE WITH ACCESSING OTHER SERVICES AS INDICATED -ENSURING THAT CLIENT HAS ADEQUATE FOOD -INFORMATION AND REFERRAL (I.E. VOCATIO0NAL SERVICES, ACCESSING OTHER ALLOWABLE PROVIDERS AND SERVICES, ETC.)
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