Civic Intelligence

West Broadway Business & Area Coalition

990 • Fiscal year 2013 • EIN 41-1985423

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 04, 2014

1011 West Broadway AveRoom/Suite 20255411

(612) 353-5178

Siviq Scores

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

Liabilities / Assets

89th percentile

0.53x

Higher debt load relative to assets than 89% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

90th percentile

0.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

91st percentile

91%

Faster asset growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Up

$308,644

Up $147,064 (+91%) from 2012

Net Assets

Up

$144,290

Up $146,862 (+5710%) from 2012

Liabilities

Up

$164,354

Up $202 (+0.1%) from 2012

Revenue

$474,356

No earlier filing loaded for comparison.

Expenses

Down

$327,496

Down $83,315 (-20%) from 2012

Net Income

$146,860

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $209,329Liabilities 2010: $177,500Net Assets 2010: $31,8292010Assets 2011: $186,154Liabilities 2011: $171,710Net Assets 2011: $14,4442011Assets 2012: $161,580Liabilities 2012: $164,152Net Assets 2012: -$2,5722012Assets 2013: $308,644Liabilities 2013: $164,354Net Assets 2013: $144,2902013Assets 2014: $412,429Liabilities 2014: $166,514Net Assets 2014: $245,9152014Assets 2015: $605,969Liabilities 2015: $413,909Net Assets 2015: $192,0602015Assets 2016: $433,393Liabilities 2016: $163,923Net Assets 2016: $269,4702016Assets 2017: $405,555Liabilities 2017: $557Net Assets 2017: $404,9982017Assets 2018: $254,017Liabilities 2018: $32Net Assets 2018: $253,9852018Assets 2019: $123,943Liabilities 2019: $0Net Assets 2019: $123,9432019Assets 2020: $5,222,481Liabilities 2020: $54,990Net Assets 2020: $5,167,4912020Assets 2021: $5,268,017Liabilities 2021: $121,638Net Assets 2021: $5,146,3792021Assets 2022: $2,785,444Liabilities 2022: $55,256Net Assets 2022: $2,730,1882022Assets 2023: $2,193,522Liabilities 2023: $41,110Net Assets 2023: $2,152,4122023Assets 2024: $1,628,314Liabilities 2024: $43,053Net Assets 2024: $1,585,2612024

Highlighted filing

2013

Assets$308,644
Liabilities$164,354
Net Assets$144,290

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $263,838Expenses 2010: $257,713Net Income 2010: $6,1252010Revenue 2011: $290,332Expenses 2011: $307,717Net Income 2011: -$17,3852011Expenses 2012: $410,8112012Revenue 2013: $474,356Expenses 2013: $327,496Net Income 2013: $146,8602013Revenue 2014: $522,053Expenses 2014: $420,428Net Income 2014: $101,6252014Revenue 2015: $643,587Expenses 2015: $697,442Net Income 2015: -$53,8552015Revenue 2016: $691,611Expenses 2016: $614,201Net Income 2016: $77,4102016Revenue 2017: $519,154Expenses 2017: $547,436Net Income 2017: -$28,2822017Revenue 2018: $282,814Expenses 2018: $433,827Net Income 2018: -$151,0132018Revenue 2019: $332,764Expenses 2019: $462,804Net Income 2019: -$130,0402019Revenue 2020: $5,773,794Expenses 2020: $778,054Net Income 2020: $4,995,7402020Revenue 2021: $711,000Expenses 2021: $732,111Net Income 2021: -$21,1112021Revenue 2022: $197,896Expenses 2022: $2,614,087Net Income 2022: -$2,416,1912022Revenue 2023: $279,441Expenses 2023: $857,216Net Income 2023: -$577,7752023Revenue 2024: $406,331Expenses 2024: $973,482Net Income 2024: -$567,1512024

Highlighted filing

2013

Revenue$474,356
Expenses$327,496
Net Income$146,860
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 4, 2014
Return Version
2013v3.1
Gross Receipts
$474,356
Mission and Program Overview

Mission

The west broadway business & area coalition leads initiatives to bring businesses, non-profit organizations, and neighbors together ti create inviting and vital west broadway corridor that will transform the northside into a thriving economic community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$161,001$308,065▲ $147,064
Rtn Earn Endowment Incm Other Fnds$-2,570$144,290▲ $146,860
Total Assets$161,580$308,644▲ $147,064
Other Assets Total$579$579→ $0
Liabilities
Deferred Revenue$163,810$163,810→ $0
Accounts Payable and Accrued Expenses$340$544▲ $204
Total Liabilities$164,150$164,354▲ $204
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,570$144,290▲ $146,860
Total Liabilities and Net Assets / Fund Balance$161,580$308,644▲ $147,064
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jackie CherryhomesBoard Chair
Diana HawkinsVice-chair
Al McfarlaneBoard Member
Dan GustafsonBoard Member
Dr Tara WatsonBoard Member
Jim WentzellBoard Member
John TonsagerBoard Member
Lisa Spicer WadeBoard Member
Louis DachisBoard Member
Meggie MccauleyBoard Member
Ravie SinghBoard Member
Paula PentelSecretary
Dean RoseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$404,810
Program Service Revenue
$69,546
Investment Income
$0
Other Revenue
$0
All Other Contributions
$386,910
Change in Net Assets
$146,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,189
Salaries, Compensation, and Employee Benefits$163,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,451$134,405-$138,856
Advertising$30,693$14,700-$45,393
Fees for Services Other$35,737$5,889-$41,626
Other Employee Benefits-$12,670-$12,670
Payroll Taxes$369$11,412-$11,781
Occupancy$200$9,150-$9,350
Office Expenses$4,424$3,703-$8,127
All Other Expenses$3,710$1,120-$4,830
Insurance$732$3,263-$3,995
Other Expenses$2,625$900-$2,625
Conferences and Meetings$30$607-$637
Travel$111$421-$532
Total Functional Expenses$129,256$198,240$0$327,496
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
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
No
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

Given to director to review.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
41-1985423
Phone
6123535178

Signing Officer

Name
Dean Rose
Title
Treasurer
Phone
6123535178
Signed
2014-08-04

Organization Details

Principal Officer
Erin Jerabek Heelan
Formed
2004
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
12
Employees
7

Preparer

Preparer
Charles Rinkey
Phone
9525461052
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The west broadway business & area coalition leads initiatives to bring businesses, non-profit organizations, and neighbors together ti create inviting and vital west broadway corridor that will transform the northside into a thriving economic community.

Form 990, Part IX, Line 11G

Payroll fees 0 1,339 0 professional fees 0 0 0 contracted services 0 1,000 0 bank fees 0 150 0 contracted services 0 0 0 bank fees 0 0 0 professional fees 0 0 0 contracted services 3,800 0 0 contract wages 15,080 0 0 contracted services 16,648 3,400 0 bank fees 209 0 0

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IRS990/ProgSrvcAccomActy2Grp/Desc0EVENTS - FLOW - THIS IS AN ARTS CRAWL THAT SHINES A LIGHT ON THE NORTH SIDE COMMUNITY THROGUH THE ARTS. IT IS A COMMUNITY BASED ARTS EVENT THAT DRAWS POSITIVE ATTENTION TO BOTH THE UNIQUE ARTISTIC TALENT RESIDING IN NORTH MINNEAPOLIS AND THE ONGOING TRANSFORMATION OF WEST BROADWAY AVENUE, THE MAIN COMMERCIAL CORRIDOR IN NORTH MINNEAPOLIS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0FARMERS MARKET - THE THREE GOALS OF INCREASING HEALTHY FOOD ACCESS, STIMULATING ECONOMIC DEVELOPMENT, AND CREATING A PLACE FOR THE BUILDING OF SOCIAL CAPITAL WERE ALL MET.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053941
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0349982
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0278763
IRS990/PYProgramServiceRevenueAmt043813
IRS990/PYRevenuesLessExpensesAmt0-17016
IRS990/PYSalariesCompEmpBnftPaidAmt0132048
IRS990/PYTotalExpensesAmt0410811
IRS990/PYTotalRevenueAmt0393795
IRS990/ReconcilationRevenueExpnssAmt0146860
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2570
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0144290
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt017,672
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0404810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0349982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0284435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0259763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0119315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01418305
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt069546
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05897
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07700
IRS990ScheduleA/OtherIncome170Grp/TotalAmt017672
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98770
IRS990ScheduleA/PublicSupportPY170Pct00.98450
IRS990ScheduleA/PublicSupportTotal170Amt01418305
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0404810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0349982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0284435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0259763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0119315
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01418305
IRS990ScheduleA/TotalSupportAmt01435977
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WEST BROADWAY BUSINESS & AREA COALITION LEADS INITIATIVES TO BRING BUSINESSES, NON-PROFIT ORGANIZATIONS, AND NEIGHBORS TOGETHER TI CREATE INVITING AND VITAL WEST BROADWAY CORRIDOR THAT WILL TRANSFORM THE NORTHSIDE INTO A THRIVING ECONOMIC COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GIVEN TO DIRECTOR TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL FEES 0 1,339 0 PROFESSIONAL FEES 0 0 0 CONTRACTED SERVICES 0 1,000 0 BANK FEES 0 150 0 CONTRACTED SERVICES 0 0 0 BANK FEES 0 0 0 PROFESSIONAL FEES 0 0 0 CONTRACTED SERVICES 3,800 0 0 CONTRACT WAGES 15,080 0 0 CONTRACTED SERVICES 16,648 3,400 0 BANK FEES 209 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0161580
IRS990/TotalAssetsEOYAmt0308644
IRS990/TotalAssetsGrp/BOYAmt0161580
IRS990/TotalAssetsGrp/EOYAmt0308644
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0404810
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0198240
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0129256
IRS990/TotalFunctionalExpensesGrp/TotalAmt0327496
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0164150
IRS990/TotalLiabilitiesEOYAmt0164354
IRS990/TotalLiabilitiesGrp/BOYAmt0164150
IRS990/TotalLiabilitiesGrp/EOYAmt0164354
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0144290
IRS990/TotalProgramServiceExpensesAmt0129256
IRS990/TotalProgramServiceRevenueAmt069546
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069546
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0474356
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0161580
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0308644
IRS990/TravelGrp/ManagementAndGeneralAmt0421
IRS990/TravelGrp/ProgramServicesAmt0111
IRS990/TravelGrp/TotalAmt0532
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101011 WEST BROADWAY AVE 202
IRS990/USAddress/City0MINNEAPOLIS
IRS990/USAddress/State0MN
IRS990/USAddress/ZIPCode055411
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.WESTBROADWAY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEAN ROSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06123535178
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine10WEST BROADWAY BUSINESS
ReturnHeader/Filer/BusinessName/BusinessNameLine20& AREA COALITION
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0411985423
ReturnHeader/Filer/PhoneNum06123535178
ReturnHeader/Filer/USAddress/AddressLine101011 WEST BROADWAY AVE
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 202
ReturnHeader/Filer/USAddress/City0MINNEAPOLIS
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055411
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411799235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CHUCK RINKEY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105775 WAYZATA BLVD STE 990
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0554161295
ReturnHeader/PreparerPersonGrp/PhoneNum09525461052
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES RINKEY
ReturnHeader/ReturnTs02014-08-12T10:57:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$1.63$0.04$1.59$0.41$0.97$0.57
2023Detailed filing. Detailed filing data is available for this year.$2.19$0.04$2.15$0.28$0.86$0.58
2022Detailed filing. Detailed filing data is available for this year.$2.79$0.06$2.73$0.20$2.61$2.42
2021Detailed filing. Detailed filing data is available for this year.$5.27$0.12$5.15$0.71$0.73$0.02
2020Detailed filing. Detailed filing data is available for this year.$5.22$0.05$5.17$5.77$0.78$5.00
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.33$0.46$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.28$0.43$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.40$0.52$0.55$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.16$0.27$0.69$0.61$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.41$0.19$0.64$0.70$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.17$0.25$0.52$0.42$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.16$0.14$0.47$0.33$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.00$0.41
2011Summary only. Only limited summary data is available for this year.$0.19$0.17$0.01$0.29$0.31$0.02
2010Summary only. Only limited summary data is available for this year.$0.21$0.18$0.03$0.26$0.26$0.01