Civic Intelligence

Karl Potach Foundation

990EZ • Fiscal year 2017 • EIN 41-1917629

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

2217 17th Street SEAustin, MN 55912

(507) 433-4682

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

63rd percentile

9.9%

Higher net margin than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$68,864

Up $9,418 (+16%) from 2016

Net Assets

Up

$68,864

Up $9,418 (+16%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$95,399

Up $20,038 (+27%) from 2016

Expenses

Up

$85,981

Up $9,415 (+12%) from 2016

Net Income

Up

$9,418

Up $10,623 (+882%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $57,172Liabilities 2011: $0Net Assets 2011: $57,1722011Assets 2012: $49,842Liabilities 2012: $0Net Assets 2012: $49,8422012Assets 2013: $50,380Liabilities 2013: $0Net Assets 2013: $50,3802013Assets 2014: $53,689Liabilities 2014: $0Net Assets 2014: $53,6892014Assets 2015: $60,651Liabilities 2015: $0Net Assets 2015: $60,6512015Assets 2016: $59,446Liabilities 2016: $0Net Assets 2016: $59,4462016Assets 2017: $68,864Liabilities 2017: $0Net Assets 2017: $68,8642017Assets 2018: $51,879Liabilities 2018: $0Net Assets 2018: $51,8792018Assets 2019: $70,516Liabilities 2019: $0Net Assets 2019: $70,5162019Assets 2020: $50,207Liabilities 2020: $0Net Assets 2020: $50,2072020Assets 2021: $55,516Liabilities 2021: $0Net Assets 2021: $55,5162021Assets 2022: $65,930Liabilities 2022: $0Net Assets 2022: $65,9302022Assets 2023: $68,128Liabilities 2023: $0Net Assets 2023: $68,1282023Assets 2024: $48,259Liabilities 2024: $0Net Assets 2024: $48,2592024

Highlighted filing

2017

Assets$68,864
Liabilities$0
Net Assets$68,864

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $75,069Expenses 2011: $59,818Net Income 2011: $15,2512011Revenue 2012: $70,658Expenses 2012: $77,988Net Income 2012: -$7,3302012Revenue 2013: $63,280Expenses 2013: $62,742Net Income 2013: $5382013Revenue 2014: $76,127Expenses 2014: $72,818Net Income 2014: $3,3092014Revenue 2015: $74,096Expenses 2015: $67,134Net Income 2015: $6,9622015Revenue 2016: $75,361Expenses 2016: $76,566Net Income 2016: -$1,2052016Revenue 2017: $95,399Expenses 2017: $85,981Net Income 2017: $9,4182017Revenue 2018: $81,572Expenses 2018: $98,534Net Income 2018: -$16,9622018Revenue 2019: $100,240Expenses 2019: $81,626Net Income 2019: $18,6142019Revenue 2020: $55,039Expenses 2020: $75,208Net Income 2020: -$20,1692020Revenue 2021: $94,494Expenses 2021: $89,085Net Income 2021: $5,4092021Revenue 2022: $135,631Expenses 2022: $124,702Net Income 2022: $10,9292022Revenue 2023: $99,207Expenses 2023: $96,820Net Income 2023: $2,3872023Revenue 2024: $62,898Expenses 2024: $82,650Net Income 2024: -$19,7522024

Highlighted filing

2017

Revenue$95,399
Expenses$85,981
Net Income$9,418
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$120,552
Mission and Program Overview

Mission

To provide support for children's cancer research and comfort child patients

Program Services

DescriptionGrantsExpenses
HORMEL INSTITUTE GRANT GIVEN$71,500$71,500
CHILDREN'S CANCER RESEARCH GRANT GIVEN$10,000$10,000
MAYO HEALTH SYSTEM ALBERT LEA/AUSTIN -FISH TANK MAINTENANCE FOR MAYO HEALTH SYSTEM ALBERT LEA/AUSTIN FOR THE BENEFIT OF PEDIATRIC PATIENTS$2,459$2,459
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KURT S POTACHPresident-$0--
ROBERT POTACHVice President-$0--
LANCE POGONESSecretary/Treasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$120,400$18,920$9,859$9,061
Total Events$120,400$18,920$25,153$-6,233
Filing and Contact Details

Filer

Filer Name
Karl Potach Foundation
EIN
41-1917629
Phone
5074334682
Address
2217 17TH STREET SE, AUSTIN, MN 55912

Signing Officer

Name
Kurt S Potach
Title
President
Phone
5074334682
Signed
2018-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
PO BOX 217, AUSTIN, MN 55912
Preparer
Lowell Foster
Phone
5074347000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: dividend income - rbc. Amount: 152.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fishtank maintenance -pediatrics. Grantee name: mayo health system albert lea/austin. Grantee address: 1000 1st drive northwest austin, mn 55912. Grantee relationship: unrelated. Amount given: 2,459.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: child cancer research. Grantee name: children's cancer research fund. Grantee address: 7301 ohms lane minneapolis, mn 55439-2339. Grantee relationship: unrelated. Amount given: 10,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: child cancer research. Grantee name: hormel institute. Grantee address: 801 16th avenue ne austin, mn 55912-3698. Grantee relationship: unrelated. Amount given: 71,500. Total included on form 990-ez, line 10: 83,959.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: minnesota filing fee. Amount: 25. Description: investment acct fees. Amount: 140. Description: credit card service charges. Amount: 832. Total to form 990-ez, line 16: 997.

Raw XML Appendix180 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05074334682
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt068864
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt059446
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068864
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KURT S POTACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT POTACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LANCE POGONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0997
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUPPORT FOR CHILDREN'S CANCER RESEARCH AND COMFORT CHILD PATIENTS
IRS990EZ/PrintingPublicationsPostageAmt01025
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HORMEL INSTITUTE GRANT GIVEN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHILDREN'S CANCER RESEARCH GRANT GIVEN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2MAYO HEALTH SYSTEM ALBERT LEA/AUSTIN -FISH TANK MAINTENANCE FOR MAYO HEALTH SYSTEM ALBERT LEA/AUSTIN FOR THE BENEFIT OF PEDIATRIC PATIENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt071500
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt110000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt22459
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt071500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt110000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt22459
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt025153
IRS990EZ/SpecialEventsNetIncomeLossAmt0-6233
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt085981
IRS990EZ/TotalProgramServiceExpensesAmt083959
IRS990EZ/TotalRevenueAmt095399
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KARLPOTACHFOUNDATION.COM
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt075655
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt061849
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0108904
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt075929
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt061849
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0391498
IRS990ScheduleA/TotalSupportAmt0391721
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0101480
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0101480
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt013898
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018920
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6233
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01396
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01396
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09859
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09859
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME - RBC. AMOUNT: 152.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: FISHTANK MAINTENANCE -PEDIATRICS. GRANTEE NAME: MAYO HEALTH SYSTEM ALBERT LEA/AUSTIN. GRANTEE ADDRESS: 1000 1ST DRIVE NORTHWEST AUSTIN, MN 55912. GRANTEE RELATIONSHIP: UNRELATED. AMOUNT GIVEN: 2,459.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHILD CANCER RESEARCH. GRANTEE NAME: CHILDREN'S CANCER RESEARCH FUND. GRANTEE ADDRESS: 7301 OHMS LANE MINNEAPOLIS, MN 55439-2339. GRANTEE RELATIONSHIP: UNRELATED. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHILD CANCER RESEARCH. GRANTEE NAME: HORMEL INSTITUTE. GRANTEE ADDRESS: 801 16TH AVENUE NE AUSTIN, MN 55912-3698. GRANTEE RELATIONSHIP: UNRELATED. AMOUNT GIVEN: 71,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 83,959.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: MINNESOTA FILING FEE. AMOUNT: 25. DESCRIPTION: INVESTMENT ACCT FEES. AMOUNT: 140. DESCRIPTION: CREDIT CARD SERVICE CHARGES. AMOUNT: 832. TOTAL TO FORM 990-EZ, LINE 16: 997.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KURT S POTACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05074334682
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARL POTACH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KARL
ReturnHeader/Filer/EIN0411917629
ReturnHeader/Filer/PhoneNum05074334682
ReturnHeader/Filer/USAddress/AddressLine1Txt02217 17TH STREET SE
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055912
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AB59F5C6B83F609E1D6F53B867FD21F5A01CCFB7
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:38:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055912
ReturnHeader/PreparerPersonGrp/PhoneNum05074347000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOWELL FOSTER
ReturnHeader/ReturnTs02018-05-11T09:58:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$0.63$0.83$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.99$0.97$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.36$1.25$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.94$0.89$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.55$0.75$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.00$0.82$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.82$0.99$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.95$0.86$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.75$0.77$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.74$0.67$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.76$0.73$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.63$0.63$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.71$0.78$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.75$0.60$0.15