Fridley Schools Foundation

990EZ • Fiscal year 2014 • EIN 41-1943227

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 13, 2014

Organization Profile N/A

6000 West Moore Lake Drive55432

(763) 502-5402

Siviq Scores

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

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-8.3%

Higher net margin than 25% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-8.1%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

-10%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$147,182

Down $12,954 (-8.1%) from 2013

Net Assets

Down

$147,182

Down $12,954 (-8.1%) from 2013

Liabilities

Flat

Flat from 2013

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin25th percentile

Revenue

Down

$156,700

Down $18,066 (-10%) from 2013

Expenses

Down

$169,654

Down $22,343 (-12%) from 2013

Net Income

-$12,954

Up $4,277 (+25%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

Highlighted filing

2014

Assets$147,182

Liabilities$0

Net Assets$147,182

Open 2014 Filing

Operations Trend

Revenue Growth32nd percentile

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

Highlighted filing

2014

Revenue$156,700

Expenses$169,654

Net Income-$12,954

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Oct 13, 2014
Return Version: 2013v3.1
Gross Receipts: $156,700

Mission and Program Overview

Mission

Support various school activities and sports programs. Provide scholarships to various students graduating from high school.

School activities and scholarships

Program Services

Description	Grants	Expenses
SUPPORT VARIOUS SCHOOL ACTIVITIES AND SPORTS PROGRAMS	$77,566	-
PROVIDE SCHOLARSHIPS TO VARIOUS STUDENTS GRADUATING HIGH SCHOOL	$70,975	-
OTHER GRANTS	-	-

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JO YOUNG	President	-	$0	-	-
MIKE SCHROER	Vice President	-	$0	-	-
GORDON BACKLUND	Secretary	-	$0	-	-
DARSHAN KHATAVKAR	Treasurer	-	$0	-	-
TONI CRAFT	Executive Director	-	$0	-	-

Filing and Contact Details

Filer

EIN: 41-1943227

Signing Officer

Name: Darshan Khatavkar
Title: Treasurer
Signed: 2014-10-13
Discuss with paid preparer: No

Preparer

Preparer: Amanda Moe
Phone: 7637815738

Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountADMINISTRATIVE FEE 450MISCELLANEOUS INCOME 403BAD CHECKS (36)”

Description of other expenses Part I line 16

“Description AmountEVENT EXPENSE 14,990PROGRAMS AND GRANTS 148,541LIABILITY INSURANCE 300SUPPLIES 2,545DUES AND SUBSCRIPTIONS 100LICENSES AND PERMITS 25MISCELLANEOUS 1,326ADJUSTMENT (198)ANNUAL ADMINISTRATIVE FEE 425”

Description of other assets Part II line 24

“Category Beginning of Year End of YearACCOUNTS RECEIVABLE 400 400”

Raw XML Appendix175 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	DARSHAN KHATAVKAR
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7635025402
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	6000 WEST MOORE LAKE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	FRIDLEY
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	55432
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	159736
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	146782
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	155816
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-12954
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1600
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	160136
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	147182
IRS990EZ/GrossReceiptsAmt	0	156700
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	67
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	160136
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	147182
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	160136
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	147182
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JO YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	MIKE SCHROER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	GORDON BACKLUND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	DARSHAN KHATAVKAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	TONI CRAFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	400
IRS990EZ/OtherExpensesTotalAmt	0	168054
IRS990EZ/OtherRevenueTotalAmt	0	817
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SCHOOL ACTIVITIES AND SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SUPPORT VARIOUS SCHOOL ACTIVITIES AND SPORTS PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	PROVIDE SCHOLARSHIPS TO VARIOUS STUDENTS GRADUATING HIGH SCHOOL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	OTHER GRANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	77566
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	70975
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	169654
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	156700
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	155816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	172720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	120751
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	119233
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	100169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	668689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	67
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	62
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	4
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	90
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	111
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	67
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	62
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	4
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	90
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	334
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	853
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1985
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	2838
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.99530
IRS990ScheduleA/PublicSupportPY509Pct	0	0.99630
IRS990ScheduleA/PublicSupportTotal509Amt	0	668689
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	155816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	172720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	120751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	119233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	100169
IRS990ScheduleA/Total509Grp/TotalAmt	0	668689
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	156736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	174767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	120755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	119323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	100280
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	671861
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleC/CorrectionMadeInd	0	false
IRS990ScheduleC/Form4720FiledSection4955TaxInd	0	false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountADMINISTRATIVE FEE 450MISCELLANEOUS INCOME 403BAD CHECKS (36)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountEVENT EXPENSE 14,990PROGRAMS AND GRANTS 148,541LIABILITY INSURANCE 300SUPPLIES 2,545DUES AND SUBSCRIPTIONS 100LICENSES AND PERMITS 25MISCELLANEOUS 1,326ADJUSTMENT (198)ANNUAL ADMINISTRATIVE FEE 425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearACCOUNTS RECEIVABLE 400 400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of other assets Part II line 24
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DARSHAN KHATAVKAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	FRIDLEY SCHOOLS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	FRID
ReturnHeader/Filer/EIN	0	411943227
ReturnHeader/Filer/USAddress/AddressLine1	0	6000 WEST MOORE LAKE DRIVE
ReturnHeader/Filer/USAddress/City	0	FRIDLEY
ReturnHeader/Filer/USAddress/State	0	MN
ReturnHeader/Filer/USAddress/ZIPCode	0	55432
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	204328577
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	Vinita and Darshan Khatavkar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	4110 Central Av NE Suite 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	COLUMBIA HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	554212964
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7637815738
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	AMANDA MOE
ReturnHeader/ReturnTs	0	2014-10-13T08:20:24-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-07-01
ReturnHeader/TaxPeriodEndDt	0	2014-06-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $147,182
Liabilities: $0
Net assets: $147,182
Revenue: $156,700
Expenses: $169,654
Net income: -$12,954

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$5.70	$0.00	$5.70	$2.97	$2.51	$0.46
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.24	$0.00	$5.24	$3.78	$3.70	$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.15	$0.00	$5.15	$3.24	$3.30	$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.21	$0.00	$5.21	$2.53	$2.82	$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.50	$0.00	$5.50	$2.77	$1.55	$1.22
2020Summary only. Only limited summary data is available for this year.	$4.28	$0.00	$4.28	$3.39	$3.04	$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.92	$0.00	$3.92	$3.98	$2.40	$1.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.36	$0.00	$2.36	$2.76	$2.83	$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.44	$0.00	$2.44	$2.80	$2.96	$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.59	$0.00	$2.59	$2.70	$1.54	$1.16
2015Detailed filing. Detailed filing data is available for this year.	$1.43		$1.43	$1.69	$1.50	$0.20
2014Detailed filing. Detailed filing data is available for this year.	$1.47	$0.00	$1.47	$1.57	$1.70	$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.60	$0.00	$1.60	$1.75	$1.92	$0.17
2012Summary only. Only limited summary data is available for this year.	$1.77	$0.00		$1.21	$0.80	$0.41