Civic Intelligence

Serveminnesota

990 • Fiscal year 2013 • EIN 41-2010058

Sep 01, 2012 to Aug 31, 2013 • Filed on Feb 22, 2014

120 South 6th Street55402
Siviq Scores

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

Liabilities / Assets

53rd percentile

0.32x

Higher debt load relative to assets than 53% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

75th percentile

13%

Faster asset growth than 75% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,615,696

Up $540,590 (+13%) from 2012

Net Assets

Up

$3,128,943

Up $892,980 (+40%) from 2012

Liabilities

Down

$1,486,753

Down $352,390 (-19%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$24,277,369

Up $3,553,646 (+17%) from 2012

Net Income

-

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.

$15M$10M$5.0M$0Assets 2011: $3,336,893Liabilities 2011: $1,597,338Net Assets 2011: $1,739,5552011Assets 2012: $4,075,106Liabilities 2012: $1,839,143Net Assets 2012: $2,235,9632012Assets 2013: $4,615,696Liabilities 2013: $1,486,753Net Assets 2013: $3,128,9432013Assets 2014: $7,669,666Liabilities 2014: $2,837,261Net Assets 2014: $4,832,4052014Assets 2015: $9,325,715Liabilities 2015: $3,092,389Net Assets 2015: $6,233,3262015Assets 2016: $8,321,975Liabilities 2016: $2,287,361Net Assets 2016: $6,034,6142016Assets 2017: $9,476,182Liabilities 2017: $3,664,200Net Assets 2017: $5,811,9822017Assets 2018: $7,219,190Liabilities 2018: $2,218,919Net Assets 2018: $5,000,2712018Assets 2019: $8,914,140Liabilities 2019: $3,353,577Net Assets 2019: $5,560,5632019Assets 2020: $8,655,787Liabilities 2020: $3,175,873Net Assets 2020: $5,479,9142020Assets 2021: $9,195,680Liabilities 2021: $3,376,697Net Assets 2021: $5,818,9832021Assets 2022: $10,786,678Liabilities 2022: $3,407,347Net Assets 2022: $7,379,3312022Assets 2023: $13,878,155Liabilities 2023: $6,647,137Net Assets 2023: $7,231,0182023Assets 2024: $13,824,908Liabilities 2024: $5,979,706Net Assets 2024: $7,845,2022024

Highlighted filing

2013

Assets$4,615,696
Liabilities$1,486,753
Net Assets$3,128,943

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2011: $19,028,446Expenses 2011: $18,958,603Net Income 2011: $69,8432011Expenses 2012: $20,723,7232012Expenses 2013: $24,277,3692013Revenue 2014: $27,066,302Expenses 2014: $25,362,840Net Income 2014: $1,703,4622014Revenue 2015: $31,195,066Expenses 2015: $29,794,145Net Income 2015: $1,400,9212015Revenue 2016: $33,978,092Expenses 2016: $34,176,804Net Income 2016: -$198,7122016Revenue 2017: $32,282,333Expenses 2017: $32,504,965Net Income 2017: -$222,6322017Revenue 2018: $33,810,167Expenses 2018: $34,621,878Net Income 2018: -$811,7112018Revenue 2019: $33,332,638Expenses 2019: $32,772,346Net Income 2019: $560,2922019Revenue 2020: $32,846,460Expenses 2020: $32,927,109Net Income 2020: -$80,6492020Revenue 2021: $42,573,491Expenses 2021: $42,234,422Net Income 2021: $339,0692021Revenue 2022: $50,764,161Expenses 2022: $49,203,813Net Income 2022: $1,560,3482022Revenue 2023: $56,624,929Expenses 2023: $56,773,242Net Income 2023: -$148,3132023Revenue 2024: $72,879,903Expenses 2024: $72,265,719Net Income 2024: $614,1842024

Highlighted filing

2013

Revenue-
Expenses$24,277,369
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Feb 22, 2014
Return Version
2012v2.0
Gross Receipts
$25,170,349
Mission and Program Overview

Mission

Serveminnesota is a catalyst for positive social change, working with americorps and community partners. We share our proven practicies nationally.

Major Activities

Activity 2
AmeriCorps - AmeriCorps, also known as the domestic Peace Corps, provides opportunities for citizens to give to their communities and country each year. People who join AmeriCorps commit to a year of service in exchange for a modest living stipend and an education award that can be applied to past or future schooling. AmeriCorps is a real-life education and work experience wrapped into one. The AmeriCorps motto is "Get Things Done" and members do a wide range of things to fulfill that mission: They tutor and mentor youth, build affordable housing, teach computer skills, clean parks and streams, run after-school programs, help communities respond to disasters, and build the capacity of nonprofit groups to become self-sustaining. They also recruit, train and supervise community volunteers to extend and complement their community efforts. Since its creation in 1994, ServeMinnesota has mobilized nearly 10,000 AmeriCorps members who have trained and supported more than 300,000 volunteers.
Activity 3
Math Corps - Minnesota Math Corps is an AmeriCorps program modeled after the Reading Corps and is designed to help 4th-8th graders achieve proficiency in math, a critical gateway skill for high school graduation; college admission and college completion. Math Corps provides schools with a tool to bridge the gap between current math research and the capacity of districts to apply that research within their classrooms. Rigorously trained members supported by math experts not only achieve results for individual students but also serve as a start-up team for school sites that want and need support to implement a data-based problem solving model of math instruction. In 2012-2013, 150 Math Corps tutors served 3,000 students who need help building their math proficiency. Research in math instruction provides clear direction as to what interventions and techniques have proven to be most successful. Each year an outside evaluator completes a robust program evaluation so that we can understand our impact, as well as make continuous improvements to the model. Our 2011/2012 evaluation indicates that Math Corps is acheiving results. As measured by the Measures for Academic Progress (MAP) assessment, across all grades Math Corps participants are exceeding their growth goals: 80% of 4th graders hit their target growth, 84% of 5th graders, 75% of 6th graders, 59% of 7th graders, and 65% of 8th graders. This means that students are catching up to their peers in the classroom and are making strong progress towards reaching proficiency. In addition, 378 students who had not met the proficiency standard on the state-administered MCA exam in the year prior to receiving Math Corps tutoring, moved to being proficient at the end of the year in which they were tutored. And for those students in grades 4 to 7 who still did not pass the exam, the Math Corps model allows them to continue receiving tutoring services the following year.
Filing and Contact Details

Filer

EIN
41-2010058
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IRS990/Activity2/Description0AmeriCorps - AmeriCorps, also known as the domestic Peace Corps, provides opportunities for citizens to give to their communities and country each year. People who join AmeriCorps commit to a year of service in exchange for a modest living stipend and an education award that can be applied to past or future schooling. AmeriCorps is a real-life education and work experience wrapped into one. The AmeriCorps motto is "Get Things Done" and members do a wide range of things to fulfill that mission: They tutor and mentor youth, build affordable housing, teach computer skills, clean parks and streams, run after-school programs, help communities respond to disasters, and build the capacity of nonprofit groups to become self-sustaining. They also recruit, train and supervise community volunteers to extend and complement their community efforts. Since its creation in 1994, ServeMinnesota has mobilized nearly 10,000 AmeriCorps members who have trained and supported more than 300,000 volunteers.
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IRS990/Description0Reading Corps - Minnesota Reading Corps is a statewide program to increase the number of Minnesota children that are proficient readers by 3rd grade. The program matches trained AmeriCorps members with children from age 3 to grade 3 who need an extra boost to catch up to grade level targets. Minnesota Reading Corps partners with school districts and pre-school agencies to place highly trained and professionally supported AmeriCorps members in early childhood education, Head Start, and K-3 classrooms. Reading Corps tutors are trained in specific research-based, literacy instructional protocols, and are supported by both site-based educational staff as well as Master Coaches who are among Minnesota's top literacy experts. With access to the latest research on reading intervention strategies, trained AmeriCorps members work one-on-one with students, as well as in small group and large group settings, to provide tailored interventions designed especially for each child so that they gain the literacy skills they need at a rate to get on track to read by third grade.ServeMinnesota has demonstrated the capacity to successfully design and implement large-scale initiatives through our literacy program, Minnesota Reading Corps, in which AmeriCorps members ensure children are on a trajectory to become proficient readers by third grade. Once students learn to read, they are ready for the rest of their education, and can read to learn. Research shows this benchmark is critical to later success in school and in life: those who read proficiently by third grade are four times more likely to graduate from high school than those who do not. After third grade it is more difficult to bring children to reading proficiency or to teach them the increasingly complex, multidisciplinary information introduced in fourth grade and beyond. Since 2003, Minnesota Reading Corps has helped more than 100,000 struggling readers, age 3 to grade 3, progress toward reading proficiency by the end of third grade. Reading Corps provides what struggling readers need - individualized, data-driven instruction, one-on-one attention, well-trained tutors coached by onsite literacy experts, interventions delivered with fidelity, and the frequency and duration necessary for student achievement. Minnesota Reading Corps is a proven model that consistently delivers measurable results: Reading Corps preschool participants in Minneapolis Public Schools scored significantly higher in phonemic awareness, alphabetic principle, and total literacy than children in matched comparison groups. Kindergarten-3rd grade participants across Minnesota demonstrated more than a year's worth of progress on proficiency indicators. 80% of 3rd graders, who successfully completed the program, passed their state reading exams. This matches the pass rate for all Minnesota children, a remarkable achievement for children on a trajectory to failure. Further, research conducted by the Center for Learning Solutions (2012) has shown that Reading Corps participants are three times less likely to be assigned to special education than non-participants, creating a permanent benefit to children and a significant on-going savings to schools that can be redirected back into the classroom for the benefit of all children.
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IRS990/Form990PartVIISectionA/Title12Director
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IRS990/Form990PartVIISectionA/Title19Director
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IRS990/Form990PartVIISectionA/Title21Director
IRS990/Form990PartVIISectionA/Title22Director
IRS990/Form990PartVIISectionA/Title23Director
IRS990/Form990PartVIISectionA/Title24Treasurer
IRS990/Form990PartVIISectionA/Title25Director
IRS990/Form990PartVIISectionA/Title26Director
IRS990/Form990PartVIISectionA/Title27CEO
IRS990/Form990PartVIISectionA/Title28VP of Operations
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.8$5.98$7.85$72.9$72.3$0.61
2023Detailed filing. Detailed filing data is available for this year.$13.9$6.65$7.23$56.6$56.8$0.15
2022Detailed filing. Detailed filing data is available for this year.$10.8$3.41$7.38$50.8$49.2$1.56
2021Detailed filing. Detailed filing data is available for this year.$9.20$3.38$5.82$42.6$42.2$0.34
2020Detailed filing. Detailed filing data is available for this year.$8.66$3.18$5.48$32.8$32.9$0.08
2019Detailed filing. Detailed filing data is available for this year.$8.91$3.35$5.56$33.3$32.8$0.56
2018Detailed filing. Detailed filing data is available for this year.$7.22$2.22$5.00$33.8$34.6$0.81
2017Detailed filing. Detailed filing data is available for this year.$9.48$3.66$5.81$32.3$32.5$0.22
2016Detailed filing. Detailed filing data is available for this year.$8.32$2.29$6.03$34.0$34.2$0.20
2015Detailed filing. Detailed filing data is available for this year.$9.33$3.09$6.23$31.2$29.8$1.40
2014Detailed filing. Detailed filing data is available for this year.$7.67$2.84$4.83$27.1$25.4$1.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$1.49$3.13$24.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$1.84$2.24$20.7
2011Summary only. Only limited summary data is available for this year.$3.34$1.60$1.74$19.0$19.0$0.07