Civic Intelligence

Serveminnesota

990 • Fiscal year 2016 • EIN 41-2010058

Sep 01, 2015 to Aug 31, 2016 • Filed on Mar 16, 2017

120 South 6th StreetMinneapolis, MN 55402

(612) 333-7740

Siviq Scores

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

Liabilities / Assets

50th percentile

0.27x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

15th percentile

0.07x

Higher debt load relative to revenue than 15% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

33rd percentile

-0.6%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$149,569

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

7th percentile

-11%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

8.9%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$8,321,975

Down $1,003,740 (-11%) from 2015

Net Assets

Down

$6,034,614

Down $198,712 (-3.2%) from 2015

Liabilities

Down

$2,287,361

Down $805,028 (-26%) from 2015

Revenue

Up

$33,978,092

Up $2,783,026 (+8.9%) from 2015

Expenses

Up

$34,176,804

Up $4,382,659 (+15%) from 2015

Net Income

Down

-$198,712

Down $1,599,633 (-114%) from 2015

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

2016

Assets$8,321,975
Liabilities$2,287,361
Net Assets$6,034,614

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

2016

Revenue$33,978,092
Expenses$34,176,804
Net Income-$198,712
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Mar 16, 2017
Return Version
2015v3.0
Gross Receipts
$33,978,092
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.

ServeMinnesota is a catalyst for positive social change, working with AmeriCorps and community partners to meet critical needs in Minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$6,232,414$4,190,324▼ $2,042,090
Cash and Non-Interest-Bearing Accounts$2,359,156$3,194,246▲ $835,090
Accounts Receivable$643,977$845,237▲ $201,260
Prepaid Expenses and Deferred Charges$58,067$65,306▲ $7,239
Land, Buildings, and Equipment, Net$23,009$17,770▼ $5,239
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$9,325,715$8,321,975▼ $1,003,740
Other Assets Total$9,092$9,092→ $0
Liabilities
Grants Payable$2,795,448$1,674,408▼ $1,121,040
Accounts Payable and Accrued Expenses$296,941$612,953▲ $316,012
Total Liabilities$3,092,389$2,287,361▼ $805,028
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,746,669$5,611,599▼ $135,070
Unrestricted Net Assets$486,657$423,015▼ $63,642
Total Net Assets Fund Balance$6,233,326$6,034,614▼ $198,712
Total Liabilities and Net Assets / Fund Balance$9,325,715$8,321,975▼ $1,003,740

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,626$13,791$26,417
Other Land Buildings$5,144$20,783$25,927
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey SukerCEOFT$122,329$27,240$149,569
Janet JohnsonVP of OperationsFT$99,330$15,868$115,198

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Robins Kaplan Miller & Ciresi LLPLegal Services800 Lasalle Ave 2800, Minneapolis, MN 55402$133,296
Revenue and Support

Revenue Composition

Contributions and Grants
$32,644,039
Program Service Revenue
$1,305,696
Investment Income
$4,357
Other Revenue
$24,000
All Other Contributions
$2,100,879
Change in Net Assets
$-198,712

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,978,092
Total Revenue per Audited Statements
$33,978,092
Total Revenue per Form 990
$33,978,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$29,770,347
Other Expenses$2,274,472
Salaries, Compensation, and Employee Benefits$2,131,985
Total Fundraising Expense$411,988
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$29,770,347--$29,770,347
Fees for Services Other$1,384,441$114,054$187,520$1,686,015
Other Salaries and Wages$1,115,482$208,999$164,166$1,488,647
Current Officers, Directors, Trustees, and Key Employees$252,518$27,511$21,250$301,279
Other Employee Benefits$161,424$30,583$15,733$207,740
Occupancy$666$177,518-$178,184
Office Expenses$134,010$14,947$754$149,711
Payroll Taxes$104,373$19,774$10,172$134,319
Conferences and Meetings$74,762$16,297$1,462$92,521
Information Technology$9,864$20,943$1,526$32,333
Insurance-$19,954$1,152$21,106
Advertising$15,807$538-$16,345
Travel$12,123$1,219$2,880$16,222
Depreciation Depletion$4,256$520$463$5,239
Other Expenses$547$2,906$1,199$3,453
Total Functional Expenses$33,085,029$679,787$411,988$34,176,804

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$34,176,804
Total Expenses per Audited Statements$34,176,804
Total Expenses per Form 990$34,176,804
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ServeMinnesota Action NetworkMinneapolis, MN-Americorps Program$24,202,306
MN Alliance With Youth-Promise FellowsSt Paul, MN-Americorps Program$2,171,518
MN Conservation CorpsSt Paul, MN-Americorps Program$557,267
MN Pollution Control ASt Paul, MN-Americorps Program$524,470
Duluth Area Family YMCADuluth, MN-Americorps Program$457,294
St Paul Neighborhood NetworkSt Paul, MN-Americorps Program$429,330
College PossibleSt Paul, MN-Americorps Program$420,000
Minneapolis Public SchoolsMinneapolis, MN-Americorps Program$347,784
Twin Cities Habitat for HumanityMinneapolis, MN-Americorps Program$261,166
Southern MN Initiative FoundationOwatonna, MN-Americorps Program$246,450
MN Assoc for Volunteer AdminMaplewood, MN-Volunteer Generation Fund Grant$108,138
Hands on Twin CitiesMinneapolis, MN-Volunteer Generation Fund Grant$44,624
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$78,255
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kate KellyBoard ChairThe president & CEO of MNNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board Treasurer will review 990 first, then Board will review and vote to approve.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

On an annual basis the board members sign a conflict of interest statement.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Completed a compensation survey last year. Salaries are approved by the executive committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

Filer Name
Serveminnesota
EIN
41-2010058
Phone
6123337740
Address
120 South 6th Street, Minneapolis, MN 55402

Signing Officer

Name
Audrey Suker
Title
CEO
Signed
2017-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Suker
Formed
2000
Legal Domicile
Mn
Voting Board Members
25
Independent Board Members
25
Employees
24
Volunteers
25

Preparer

Firm
Carpenter Evert & Associates
Address
7760 France Ave S 940, Bloomington, MN 55435
Preparer
Marc Colin
Phone
9528310085
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Reading Corps Minnesota Reading Corps is a statewide literacy program that is increasing the number of Minnesota children who are proficient readers by the end of third grade. Research shows this benchmark is critical to later success in school and in life: After third grade, students apply their reading skills to learn the increasingly complex, multidisciplinary information introduced in fourth grade and beyond. Those who read proficiently by third grade are four times more likely to graduate from high school than those who do not.Minnesota Reading Corps matches trained AmeriCorps members with students age 3 to grade 3 who need an extra boost to catch up to grade level targets. The program partners with school districts and preschool 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 Minnesotas top literacy experts. With access to the latest research on reading intervention strategies, these trained AmeriCorps tutors work one-on-one with students, as well as in small group and large group settings. They provide tailored interventions so that each child can gain the literacy skills they need at a rate to get on track to read by third grade.Reading Corps provides what struggling readers need individualized, data-driven instruction, well-trained tutors, expert coaching, interventions delivered with fidelity, and the frequency and duration necessary for student achievement. This model has been validated as effective and replicable through a rigorous and independent evaluation by NORC at the University of Chicago, commissioned by the Corporation for National and Community Service. This study showed that Reading Corps is closing the achievement gap. Students of color, students eligible for free and reduced lunch and English language learners are achieving outcomes equal to or better than their peers. In fact, those with higher risk factors actually made stronger gains. In addition, AmeriCorps members produce significantly greater increases in student literacy outcomes among preschool and elementary students in any setting urban, suburban or rural. Further, research conducted by the Center for Learning Solutions 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 ongoing savings to schools that can be redirected to the classroom for the benefit of all children. Through this program, ServeMinnesota demonstrates the capacity to successfully design and implement large-scale initiatives. Since 2003, Minnesota Reading Corps has helped more than 200,000 struggling students progress to reading proficiency by the end of third grade. OTHER PROGRAM SERVICES 5: Math Corps - Minnesota Math Corps is an AmeriCorps program modeled after Minnesota 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 2015-2016, Math Corps tutors served more than 4,700 students who needed help reaching algebra-readiness by 8th grade. Math Corps utilizes nationally-recognized instructional recommendations from the Institute of Education Science (IES) for students in need of moderate to strong support.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has a tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and has adopted Accounting for Uncertainty in Income Taxes, ASC 740-10. The Organization's policy is to evaluate uncertain tax positions, at least annually, for the potential for income tax exposure from unrelated business income or from loss of nonprofit status. The Organization continues to operate consistent with its original exemption application and each year takes the necessary actions to maintain its exempt status. It has been classified as an organization that is not a private foundation under the Internal Revenue Code and charitable contributions by donors are tax deductible.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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