Civic Intelligence

Asian Economic Development Association

990 • Fiscal year 2018 • EIN 41-1911474

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

Organization ProfileAEDA-MN.ORG
422 University Avenue West No 14Saint Paul, MN 55103

(651) 222-7798

Siviq Scores

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

Liabilities / Assets

77th percentile

0.28x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.39x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$106,096

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

7th percentile

-26%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$817,904

Down $292,818 (-26%) from 2017

Net Assets

Down

$586,873

Down $310,567 (-35%) from 2017

Liabilities

Up

$231,031

Up $17,749 (+8.3%) from 2017

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin6th percentile

Revenue

Down

$595,590

Down $493,867 (-45%) from 2017

Expenses

Down

$906,157

Down $217,790 (-19%) from 2017

Net Income

Down

-$310,567

Down $276,077 (-800%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $63,610Liabilities 2011: $2752011Assets 2012: $85,267Liabilities 2012: $4,8382012Assets 2013: $155,424Liabilities 2013: $9,685Net Assets 2013: $145,7392013Assets 2014: $324,840Liabilities 2014: $11,195Net Assets 2014: $313,6452014Assets 2015: $658,750Liabilities 2015: $0Net Assets 2015: $658,7502015Assets 2016: $987,063Liabilities 2016: $55,133Net Assets 2016: $931,9302016Assets 2017: $1,110,722Liabilities 2017: $213,282Net Assets 2017: $897,4402017Assets 2018: $817,904Liabilities 2018: $231,031Net Assets 2018: $586,8732018Assets 2019: $677,255Liabilities 2019: $142,998Net Assets 2019: $534,2572019Assets 2020: $1,402,373Liabilities 2020: $215,871Net Assets 2020: $1,186,5022020Assets 2021: $1,687,211Liabilities 2021: $123,266Net Assets 2021: $1,563,9452021Assets 2022: $1,466,675Liabilities 2022: $139,269Net Assets 2022: $1,327,4062022Assets 2023: $2,451,424Liabilities 2023: $147,850Net Assets 2023: $2,303,5742023Assets 2024: $2,297,210Liabilities 2024: $200,704Net Assets 2024: $2,096,5062024

Highlighted filing

2018

Assets$817,904
Liabilities$231,031
Net Assets$586,873
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $122,500Expenses 2011: $145,176Net Income 2011: -$22,6762011Revenue 2012: $198,935Expenses 2012: $181,841Net Income 2012: $17,0942012Revenue 2013: $267,321Expenses 2013: $202,011Net Income 2013: $65,3102013Revenue 2014: $662,597Expenses 2014: $495,691Net Income 2014: $166,9062014Revenue 2015: $730,649Expenses 2015: $385,536Net Income 2015: $345,1132015Revenue 2016: $1,467,617Expenses 2016: $912,999Net Income 2016: $554,6182016Revenue 2017: $1,089,457Expenses 2017: $1,123,947Net Income 2017: -$34,4902017Revenue 2018: $595,590Expenses 2018: $906,157Net Income 2018: -$310,5672018Revenue 2019: $1,004,865Expenses 2019: $944,981Net Income 2019: $59,8842019Revenue 2020: $1,753,267Expenses 2020: $1,101,022Net Income 2020: $652,2452020Revenue 2021: $1,123,036Expenses 2021: $745,593Net Income 2021: $377,4432021Revenue 2022: $808,780Expenses 2022: $1,056,618Net Income 2022: -$247,8382022Revenue 2023: $1,665,059Expenses 2023: $881,250Net Income 2023: $783,8092023Revenue 2024: $1,075,432Expenses 2024: $1,228,033Net Income 2024: -$152,6012024

Highlighted filing

2018

Revenue$595,590
Expenses$906,157
Net Income-$310,567
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$602,661
Mission and Program Overview

Mission

To increase economic opportunities for asian americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$314,950$296,275▼ $18,675
Land, Buildings, and Equipment, Net$173,708$180,367▲ $6,659
Accounts Receivable$76,865$144,236▲ $67,371
Cash and Non-Interest-Bearing Accounts$409,354$90,481▼ $318,873
Other Notes and Loans Receivable, Net$102,043$79,814▼ $22,229
Savings and Temporary Cash Investments$17,973$17,979▲ $6
Prepaid Expenses and Deferred Charges$15,829$8,752▼ $7,077
Total Assets$1,110,722$817,904▼ $292,818
Liabilities
Unsecured Notes Loans Payable$100,000$212,500▲ $112,500
Accounts Payable and Accrued Expenses$113,282$18,531▼ $94,751
Total Liabilities$213,282$231,031▲ $17,749
Net Assets / Fund Balance
Unrestricted Net Assets$492,410$394,269▼ $98,141
Temporarily Rstr Net Assets$405,030$192,604▼ $212,426
Total Net Assets Fund Balance$897,440$586,873▼ $310,567
Total Liabilities and Net Assets / Fund Balance$1,110,722$817,904▼ $292,818

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$171,551$76,000$247,551
Equipment$8,816$9,040$17,856
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Va-megn ThojExecutive DirectorFT$85,866$20,230$106,096

Board Members and Trustees

NameTitle
Terri ThaoChair
Victor Vong LeeVice Chair
David KangDirector
Leo TreadwayDirector
Ma Manee MouaDirector
Shane LiberdaDirector
Khue YangTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$337,151
Program Service Revenue
$249,042
Investment Income
$6
Other Revenue
$9,391
All Other Contributions
$152,915
Change in Net Assets
$-310,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$436,854
Other Expenses$396,494
Total Fundraising Expense$45,140
Grants and Similar Amounts Paid$41,209
Professional Fundraising Fees$31,600

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$259,396--$259,396
Current Officers, Directors, Trustees, and Key Employees$80,633$15,034$10,429$106,096
Fees for Services Other$51,473$1,866$141$53,480
Depreciation Depletion-$51,779-$51,779
Occupancy$41,660$2,775$1,475$45,910
Grants to Domestic Orgs$41,209--$41,209
Other Employee Benefits$38,641--$38,641
Payroll Taxes$30,898$1,102$721$32,721
Fees for Services Professional Fundraising--$31,600$31,600
Fees for Services Accounting$980$30,293-$31,273
Office Expenses$20,811$2,324$532$23,667
Travel$8,117$2,669$106$10,892
Insurance$9,050$1,316$68$10,434
Other Expenses$3,324$445$61$3,769
Conferences and Meetings$2,868$318-$3,186
Advertising$2,600$199-$2,799
Interest$2,250--$2,250
Fees for Services Legal-$1,575-$1,575
Information Technology$400$32$7$439
All Other Expenses$323--$323
Total Functional Expenses$742,385$118,632$45,140$906,157
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blue Cross Blue ShieldEagan, MN501 (c)3Prevention Hiap$32,000
Public Art Saint PaulSaint Paul, MN-Public Art$7,282
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$31,600
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
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, Section B, Line 11B

“Each board member receives a copy of the form 990. It is reviewed at a full board meeting and approved if there are no questions or concerns. If there are questions, the executive director is in contact with the accountant who prepared the form 990 to resolve those questions before the next scheduled board meeting.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is reviewed annually by the board and each member discloses any conflicts of interest that may exist. This is also done with new members of the board as part of their orientation.”

Form 990, Part VI, Section B, Line 15

“The board of directors annually, and at the time of hire, determines the compensation for the executive director based on salary data researched and published by the minnesota council of nonprofits. The executive director annually, and at the time of hire, determines compensation for key employees based on salary data researched and published by the minnesota council of nonprofits. The board of directors reviews the salaries.”

Form 990, Part VI, Section C, Line 19

“Governance documents, conflict of interest policy, and financial statements were made available to the public upon request. The organization keeps regular office hours and is easily contacted by phone or email for such requests.”

Filing and Contact Details

Filer

Filer Name
Asian Economic Development Association
EIN
41-1911474
Phone
6512227798
Address
422 UNIVERSITY AVENUE WEST NO 14, SAINT PAUL, MN 55103

Signing Officer

Name
Va-megn Thoj
Title
Executive Director
Phone
6512227798
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Va-megn Thoj
Formed
1998
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
22
Volunteers
25

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Lance J Brock
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“This process has not changed from the previous year.”

Raw XML AppendixShowing 400 of 505 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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IRS990/PayrollTaxesGrp/FundraisingAmt0721
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01102
IRS990/PayrollTaxesGrp/ProgramServicesAmt030898
IRS990/PayrollTaxesGrp/TotalAmt032721
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0314950
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0296275
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015829
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08752
IRS990/PrincipalOfficerNm0VA-MEGN THOJ
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0241851
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14947
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0241851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22244
IRS990/ProgSrvcAccomActy2Grp/Desc0SMALL BUSINESS DEVELOPMENT - PROVIDE BUSINESS DEVELOPMENT TRAINING AND ASSISTANCE TO THE TWIN CITIES ASIAN COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0188045
IRS990/ProgSrvcAccomActy3Grp/Desc0ARTS AND CULTURE - PROVIDE CULTURAL EVENTS AND PROMOTE THE LITTLE MEKONG DISTRICT IN SAINT PAUL TO THE PUBLIC AND CREATE ACCESS TO ECONOMIC OPPORTUNITIES FOR ARTISTS OF THE TWIN CITIES' ASIAN COMMUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0317418
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011635
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LENDING - AEDA PROVIDES LOANS AND FINANCIAL TECHNICAL ASSISTANCE TO THE TWIN CITIES' ASIAN COMMUNITIES AND OPERATES A REVOLVING LOAN POOL FINANCED BY GOVERNMENT GRANTS, CONTRIBUTIONS, REDC, AND INTEREST EARNED ON LOANS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt047914
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04947
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0870447
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0164206
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0406100
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0219010
IRS990/PYRevenuesLessExpensesAmt0-34490
IRS990/PYSalariesCompEmpBnftPaidAmt0522041
IRS990/PYTotalExpensesAmt01123947
IRS990/PYTotalProfFndrsngExpnsAmt031600
IRS990/PYTotalRevenueAmt01089457
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-310567
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0241851
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017973
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017979
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0337151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0870447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01313100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0771229
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0656629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03948556
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0258433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0219010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0154517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0655731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04604287
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0595584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01089457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01467617
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0790649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0660980
IRS990ScheduleA/Total509Grp/TotalAmt04604287
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0595590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01089457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01467617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0790649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0660980
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04604293
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08816
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09040
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017856
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0171551
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt076000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0247551
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0180367
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0GRANT WRITER
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-31600
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0BARBARA HALL
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt031600
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0147 WERNER AVENUE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0DALY CITY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094014
IRS990ScheduleG/LicensedStatesCd0MN
IRS990ScheduleG/TotalNetToOrganizationAmt0-31600
IRS990ScheduleG/TotalRetainedByContractorsAmt031600
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt032000
IRS990ScheduleI/RecipientTable/CashGrantAmt17282
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PREVENTION HIAP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PUBLIC ART
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PUBLIC ART SAINT PAUL
IRS990ScheduleI/RecipientTable/RecipientEIN0411596908
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03635 BLUE CROSS ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1381 WABASHA STREET N
IRS990ScheduleI/RecipientTable/USAddress/CityNm0EAGAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAINT PAUL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055122
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155102
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AEDA RECEIVED A GRANT FROM A FOUNDATION TO GRANT OTHER ORGANIZATIONS FUNDS TO HELP FURTHER ITS MISSION. GRANTEES APPLY AND IF ACCEPTED A CONTRACT IS SIGNED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990. IT IS REVIEWED AT A FULL BOARD MEETING AND APPROVED IF THERE ARE NO QUESTIONS OR CONCERNS. IF THERE ARE QUESTIONS, THE EXECUTIVE DIRECTOR IS IN CONTACT WITH THE ACCOUNTANT WHO PREPARED THE FORM 990 TO RESOLVE THOSE QUESTIONS BEFORE THE NEXT SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD AND EACH MEMBER DISCLOSES ANY CONFLICTS OF INTEREST THAT MAY EXIST. THIS IS ALSO DONE WITH NEW MEMBERS OF THE BOARD AS PART OF THEIR ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY, AND AT THE TIME OF HIRE, DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON SALARY DATA RESEARCHED AND PUBLISHED BY THE MINNESOTA COUNCIL OF NONPROFITS. THE EXECUTIVE DIRECTOR ANNUALLY, AND AT THE TIME OF HIRE, DETERMINES COMPENSATION FOR KEY EMPLOYEES BASED ON SALARY DATA RESEARCHED AND PUBLISHED BY THE MINNESOTA COUNCIL OF NONPROFITS. THE BOARD OF DIRECTORS REVIEWS THE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION KEEPS REGULAR OFFICE HOURS AND IS EASILY CONTACTED BY PHONE OR EMAIL FOR SUCH REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$817,904
Liabilities
$231,031
Net assets
$586,873
Revenue
$595,590
Expenses
$906,157
Net income
-$310,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.20$2.10$1.08$1.23$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.15$2.30$1.67$0.88$0.78
2022Detailed filing. Detailed filing data is available for this year.$1.47$0.14$1.33$0.81$1.06$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.12$1.56$1.12$0.75$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.22$1.19$1.75$1.10$0.65
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.14$0.53$1.00$0.94$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.23$0.59$0.60$0.91$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.21$0.90$1.09$1.12$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.06$0.93$1.47$0.91$0.55
2015Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.73$0.39$0.35
2014Summary only. Only limited summary data is available for this year.$0.32$0.01$0.31$0.66$0.50$0.17
2013Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.27$0.20$0.07
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.20$0.18$0.02
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.12$0.15$0.02