Civic Intelligence

Minneapolis Next C/O Patrick Conlin

990 • Fiscal year 2017 • EIN 41-1917087

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 21, 2018

315 Manitoba Avenue No 310Wayzata, MN 55391

(952) 476-8516

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

90th percentile

47%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

87th percentile

43%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$503,851

Up $151,737 (+43%) from 2016

Net Assets

Up

$503,851

Up $151,737 (+43%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$353,157

Up $138,943 (+65%) from 2016

Expenses

Up

$188,000

Up $82,500 (+78%) from 2016

Net Income

Up

$165,157

Up $56,443 (+52%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $159,296Liabilities 2010: $0Net Assets 2010: $159,2962010Assets 2011: $147,115Liabilities 2011: $0Net Assets 2011: $147,1152011Assets 2012: $112,530Liabilities 2012: $0Net Assets 2012: $112,5302012Assets 2013: $194,698Liabilities 2013: $0Net Assets 2013: $194,6982013Assets 2014: $260,715Liabilities 2014: $0Net Assets 2014: $260,7152014Assets 2015: $271,042Liabilities 2015: $0Net Assets 2015: $271,0422015Assets 2016: $352,114Liabilities 2016: $0Net Assets 2016: $352,1142016Assets 2017: $503,851Liabilities 2017: $0Net Assets 2017: $503,8512017Assets 2018: $411,880Liabilities 2018: $0Net Assets 2018: $411,8802018Assets 2019: $389,517Liabilities 2019: $0Net Assets 2019: $389,5172019Assets 2020: $379,951Liabilities 2020: $0Net Assets 2020: $379,9512020Assets 2021: $356,156Liabilities 2021: $0Net Assets 2021: $356,1562021Assets 2022: $295,241Liabilities 2022: $0Net Assets 2022: $295,2412022Assets 2023: $249,945Liabilities 2023: $0Net Assets 2023: $249,9452023Assets 2024: $228,489Liabilities 2024: $0Net Assets 2024: $228,4892024

Highlighted filing

2017

Assets$503,851
Liabilities$0
Net Assets$503,851

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $57,327Expenses 2010: $9,500Net Income 2010: $47,8272010Revenue 2011: $60,801Expenses 2011: $58,500Net Income 2011: $2,3012011Revenue 2012: $98,182Expenses 2012: $120,500Net Income 2012: -$22,3182012Revenue 2013: $65,125Expenses 2013: $30,000Net Income 2013: $35,1252013Revenue 2014: $91,204Expenses 2014: $69,980Net Income 2014: $21,2242014Revenue 2015: $79,209Expenses 2015: $104,256Net Income 2015: -$25,0472015Revenue 2016: $214,214Expenses 2016: $105,500Net Income 2016: $108,7142016Revenue 2017: $353,157Expenses 2017: $188,000Net Income 2017: $165,1572017Revenue 2018: $56,030Expenses 2018: $150,500Net Income 2018: -$94,4702018Revenue 2019: $55,520Expenses 2019: $87,685Net Income 2019: -$32,1652019Revenue 2020: $52,631Expenses 2020: $62,226Net Income 2020: -$9,5952020Revenue 2021: $27,923Expenses 2021: $51,718Net Income 2021: -$23,7952021Revenue 2022: $15,081Expenses 2022: $76,191Net Income 2022: -$61,1102022Revenue 2023: $29,340Expenses 2023: $74,235Net Income 2023: -$44,8952023Revenue 2024: $29,817Expenses 2024: $52,000Net Income 2024: -$22,1832024

Highlighted filing

2017

Revenue$353,157
Expenses$188,000
Net Income$165,157
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 21, 2018
Return Version
2017v2.2
Gross Receipts
$633,916
Mission and Program Overview

Mission

Fund educational, extra-curricular, tutorial, recreational and other enrichment programming for determined, hard-working at-risk youth in the minneapolis-st. Paul community. These young people show exceptional desire and ability to succeed in life. We give them the opportunities and tools they need to achieve their goals and pursue their dreams. Provide financial and emotional support to low-income families to make choices in education and activities, despite their socio-economic standing and we insist that families invest too: the scholarships we provide are partial, requiring a tuition contribution from each student's family. We partner with them, getting them involved in the educational experiences of their children. This is key to our success, and sets minneapolis next apart from other organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$268,001$459,099▲ $191,098
Rtn Earn Endowment Incm Other Fnds$81,072$232,809▲ $151,737
Cash and Non-Interest-Bearing Accounts$84,113$44,752▼ $39,361
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$352,114$503,851▲ $151,737
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$352,114$503,851▲ $151,737
Total Liabilities and Net Assets / Fund Balance$352,114$503,851▲ $151,737

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$459,099--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rexford HollandPresident
Howard RootBoard Member
Matthew CroninBoard Member
Stephen R SchaeferBoard Member
Patrick ConlinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,738
Program Service Revenue
$0
Investment Income
$9,419
Other Revenue
$0
All Other Contributions
$343,738
Change in Net Assets
$165,157

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$279,250Fair Market Value
Other Non Cash Contri Table6$16,000Fair Market Value
Total Noncash Contributions7$295,250-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$188,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$188,000--$188,000
Total Functional Expenses$188,000$0$0$188,000
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
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
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, Part VI, Section B, Line 11B

Following preparation of the form 990, it is reviewed by the treasurer. After review it is provided to the board of directors.

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

These policies are reviewed annually with the board of directors.

Form 990, Part VI, Section C, Line 19

All governing documents of the organization, including federal form 990, conflict of interest policy can be reviewed by contacting the organization.

Filing and Contact Details

Filer

Filer Name
Minneapolis Next
EIN
41-1917087
Phone
9524768516
Address
315 MANITOBA AVENUE NO 310, WAYZATA, MN 55391

Signing Officer

Name
Patrick Conlin
Title
Treasurer
Phone
9524768516
Signed
2018-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Conlin
Formed
1999
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Carlson Advisors Llp
Address
7101 NORTHLAND CIRCLE SUITE 123, MINNEAPOLIS, MN 55428
Preparer
Darren Kray
Phone
7635358150
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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/ExplanationTxt1THESE POLICIES ARE REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS OF THE ORGANIZATION, INCLUDING FEDERAL FORM 990, CONFLICT OF INTEREST POLICY CAN BE REVIEWED BY CONTACTING THE ORGANIZATION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$2.28$0.00$2.28$0.30$0.52$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.29$0.74$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$0.15$0.76$0.61
2021Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$0.28$0.52$0.24
2020Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$0.53$0.62$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.56$0.88$0.32
2018Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$0.56$1.51$0.94
2017Detailed filing. Detailed filing data is available for this year.$5.04$0.00$5.04$3.53$1.88$1.65
2016Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$2.14$1.06$1.09
2015Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.79$1.04$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.61$0.00$2.61$0.91$0.70$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.65$0.30$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.98$1.21$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.61$0.59$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.57$0.10$0.48