Civic Intelligence

Kierkegaard House Foundation

990 • Fiscal year 2016 • EIN 41-1887647

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

1208 Nevada StNorthfield, MN 55057

(507) 645-4609

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-337%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$109,460

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 703.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

54th percentile

2.5%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,444,089

Up $34,571 (+2.5%) from 2015

Net Assets

Up

$1,444,089

Up $34,571 (+2.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$15,559

Down $28,016 (-64%) from 2015

Expenses

Down

$67,944

Down $9,340 (-12%) from 2015

Net Income

Down

-$52,385

Down $18,676 (-55%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,704,504Liabilities 2010: $720Net Assets 2010: $1,703,7842010Assets 2011: $1,452,663Liabilities 2011: $0Net Assets 2011: $1,452,6632011Assets 2012: $1,587,900Liabilities 2012: $0Net Assets 2012: $1,587,9002012Assets 2013: $1,521,312Liabilities 2013: $0Net Assets 2013: $1,521,3122013Assets 2014: $1,520,708Liabilities 2014: $436Net Assets 2014: $1,520,2722014Assets 2015: $1,409,518Liabilities 2015: $0Net Assets 2015: $1,409,5182015Assets 2016: $1,444,089Liabilities 2016: $0Net Assets 2016: $1,444,0892016Assets 2017: $1,429,128Liabilities 2017: $0Net Assets 2017: $1,429,1282017Assets 2018: $1,127,046Liabilities 2018: $0Net Assets 2018: $1,127,0462018Assets 2019: $1,095,383Liabilities 2019: $1,953Net Assets 2019: $1,093,4302019Assets 2020: $947,532Liabilities 2020: $0Net Assets 2020: $947,5322020Assets 2021: $945,560Liabilities 2021: $0Net Assets 2021: $945,5602021Assets 2022: $960,278Liabilities 2022: $0Net Assets 2022: $960,2782022Assets 2023: $952,532Liabilities 2023: $0Net Assets 2023: $952,5322023Assets 2024: $1,060,413Liabilities 2024: $0Net Assets 2024: $1,060,4132024

Highlighted filing

2016

Assets$1,444,089
Liabilities$0
Net Assets$1,444,089

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $80,5192010Expenses 2011: $102,0122011Expenses 2012: $85,3662012Revenue 2013: $51,277Expenses 2013: $124,975Net Income 2013: -$73,6982013Revenue 2014: $38,785Expenses 2014: $92,888Net Income 2014: -$54,1032014Revenue 2015: $43,575Expenses 2015: $77,284Net Income 2015: -$33,7092015Revenue 2016: $15,559Expenses 2016: $67,944Net Income 2016: -$52,3852016Revenue 2017: $87,378Expenses 2017: $93,576Net Income 2017: -$6,1982017Revenue 2018: $38,695Expenses 2018: $128,537Net Income 2018: -$89,8422018Revenue 2019: $27,908Expenses 2019: $92,795Net Income 2019: -$64,8872019Revenue 2020: $23,647Expenses 2020: $81,236Net Income 2020: -$57,5892020Revenue 2021: -$54,497Expenses 2021: $45,328Net Income 2021: -$99,8252021Revenue 2022: $69,001Expenses 2022: $54,283Net Income 2022: $14,7182022Revenue 2023: $26,456Expenses 2023: $75,487Net Income 2023: -$49,0312023Revenue 2024: $191,495Expenses 2024: $89,386Net Income 2024: $102,1092024

Highlighted filing

2016

Revenue$15,559
Expenses$67,944
Net Income-$52,385
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$162,690
Mission and Program Overview

Mission

Support the work of the kierkegaard library, st olaf college northfield, mn 55057.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$597,858$586,404▼ $11,454
Investments in Publicly Traded Securities$408,489$541,839▲ $133,350
Savings and Temporary Cash Investments$211,494$198,945▼ $12,549
Other Notes and Loans Receivable, Net$191,371$105,575▼ $85,796
Cash and Non-Interest-Bearing Accounts$306$11,326▲ $11,020
Total Assets$1,409,518$1,444,089▲ $34,571
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,409,518$1,444,089▲ $34,571
Total Net Assets Fund Balance$1,409,518$1,444,089▲ $34,571
Total Liabilities and Net Assets / Fund Balance$1,409,518$1,444,089▲ $34,571

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$106,032$37,148$143,180
Land$435,500-$75,000
Other Land Buildings$25,593$21,521$47,114
Equipment$19,279$11,624$30,903
Compensation and Service Providers

Employees

NameTitleOtherTotal
Gordon MarinoBoard Member$109,460$109,460

Board Members and Trustees

NameTitle
Edward LangerakPresident
Almut FurchertBoard Member
Andrew BurgessBoard Member
Christopher ThomfordeBoard Member
David QuarbergBoard Member
Rune EngebretsenSecretary
Erik HongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,420
Program Service Revenue
$1,333
Investment Income
$-5,194
Other Revenue
$0
All Other Contributions
$19,420
Change in Net Assets
$-52,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,763
Grants and Similar Amounts Paid$27,181
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$18,681--$18,681
Occupancy$14,767--$14,767
Depreciation Depletion$11,454--$11,454
Foreign Grants$8,500--$8,500
Fees for Services Legal-$3,438-$3,438
Fees for Services Accounting-$3,280-$3,280
Insurance$1,836--$1,836
Office Expenses$360--$360
Other Expenses$500$110-$110
All Other Expenses-$25-$25
Total Functional Expenses$56,098$11,846$0$67,944
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
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
No
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

Treasurer reviews the return before mailing.

Form 990, Page 6, Part VI, Line 19

On request made to office.

Filing and Contact Details

Filer

Filer Name
Kierkegaard House Foundation
EIN
41-1887647
Phone
5076454609
Address
1208 NEVADA ST, NORTHFIELD, MN 55057

Signing Officer

Name
Erik Hong
Title
Treasurer
Phone
5076459757
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Langerak
Formed
1997
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Goodney & Associates Pa
Address
319 DIVISION ST PO BOX 347, NORTHFIELD, MN 55057-0347
Preparer
Ann Etter
Phone
5076630861
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gains on investments 86,956

Raw XML AppendixShowing 400 of 452 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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IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.000000000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt027181
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt016793
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt051610
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ALL EXPENSES ARE FOR THE CONTINUATION OF THE KIERKEGAARD SCHOLAR PROGRAM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART V, SECTION D, LINE 8
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt0573222
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt088052
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt0485170
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt08598
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt0564624
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt019762
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt0573222
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt019762
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0410693979
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt056048
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ST OLAF COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0ST OLAF COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt056048
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/BuildingsGrp/BookValueAmt0106032
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037148
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0143180
IRS990ScheduleD/EquipmentGrp/BookValueAmt019279
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011624
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030903
IRS990ScheduleD/LandGrp/BookValueAmt0435500
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0360500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025593
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021521
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt047114
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0586404
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt03000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt15500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0FELLOWSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1FELLOWSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0DENMARK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1NETHERLANDS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0FELLOWSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1FELLOWSHIP
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0IN ADDITION TO THE CASH STIPENDS ALL FELLOWS ARE PROVIDED WITH LIVING QUARTERS WITH AN ESTIMATED VALUE OF 400 PER MONTH.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt018681
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0US FELLOWSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN ADDITION TO THE CASH STIPENDS ALL FELLOWS ARE PROVIDED WITH LIVING QUARTERS, IF NECESSARY, VALUED AT APPROXIMATELY 400/MONTH.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER REVIEWS THE RETURN BEFORE MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON REQUEST MADE TO OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS ON INVESTMENTS 86,956
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01409518
IRS990/TotalAssetsEOYAmt01444089
IRS990/TotalAssetsGrp/BOYAmt01409518
IRS990/TotalAssetsGrp/EOYAmt01444089
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019420
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011846
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056098
IRS990/TotalFunctionalExpensesGrp/TotalAmt067944
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.19$0.09$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.03$0.08$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.07$0.05$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.05$0.05$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.02$0.08$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.09$0.03$0.09$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.04$0.13$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.09$0.09$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.02$0.07$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.04$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.04$0.09$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.05$0.12$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$0.08