Civic Intelligence

Serveminnesota

990 • Fiscal year 2018 • EIN 41-2010058

Sep 01, 2017 to Aug 31, 2018 • Filed on Mar 21, 2019

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

55th percentile

0.31x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

15th percentile

0.07x

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

24th percentile

-2.4%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$155,565

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

3rd percentile

-24%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

4.7%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$7,219,190

Down $2,256,992 (-24%) from 2017

Net Assets

Down

$5,000,271

Down $811,711 (-14%) from 2017

Liabilities

Down

$2,218,919

Down $1,445,281 (-39%) from 2017

Revenue

Up

$33,810,167

Up $1,527,834 (+4.7%) from 2017

Expenses

Up

$34,621,878

Up $2,116,913 (+6.5%) from 2017

Net Income

Down

-$811,711

Down $589,079 (-265%) from 2017

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

2018

Assets$7,219,190
Liabilities$2,218,919
Net Assets$5,000,271

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

2018

Revenue$33,810,167
Expenses$34,621,878
Net Income-$811,711
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Mar 21, 2019
Return Version
2017v2.2
Gross Receipts
$33,810,167
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,040,033$3,469,115▲ $1,429,082
Pledges and Grants Receivable$6,449,023$2,948,796▼ $3,500,227
Accounts Receivable$862,099$683,428▼ $178,671
Prepaid Expenses and Deferred Charges$103,403$82,186▼ $21,217
Land, Buildings, and Equipment, Net$12,532$26,573▲ $14,041
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$9,476,182$7,219,190▼ $2,256,992
Other Assets Total$9,092$9,092→ $0
Liabilities
Grants Payable$3,341,495$1,917,681▼ $1,423,814
Accounts Payable and Accrued Expenses$322,705$301,238▼ $21,467
Total Liabilities$3,664,200$2,218,919▼ $1,445,281
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,305,617$4,563,914▼ $741,703
Unrestricted Net Assets$506,365$436,357▼ $70,008
Total Net Assets Fund Balance$5,811,982$5,000,271▼ $811,711
Total Liabilities and Net Assets / Fund Balance$9,476,182$7,219,190▼ $2,256,992

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,294$18,898$26,192
Other Land Buildings-$25,927$25,927
Leasehold Improvements$19,279$1,753$21,032
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey SukerCEOFT$140,860$14,705$155,565
Janet JohnsonVP of OperationsFT$118,172$17,532$135,704
Lindsay DolceChief AdvancementFT$119,848$11,479$131,327
Lisa WinklerVP External RelatiFT$110,920$15,948$126,868
Lynn LewisVP of FinanceFT$111,487$12,825$124,312
Dmitry KonopatskiPrincipal SoftwareFT$109,788$11,796$121,584

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Coherent Solutions IncData Mgmt System-$222,880
Robins-Kaplan LLPLegal Services-$174,970
Benjamin SwiftIT & Data systems-$111,675
Revenue and Support

Revenue Composition

Contributions and Grants
$32,068,342
Program Service Revenue
$1,734,475
Investment Income
$7,350
Other Revenue
$0
All Other Contributions
$1,137,916
Change in Net Assets
$-811,711

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,810,167
Total Revenue per Audited Statements
$33,810,167
Total Revenue per Form 990
$33,810,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$29,702,818
Salaries, Compensation, and Employee Benefits$2,473,141
Other Expenses$2,445,919
Total Fundraising Expense$395,588
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$29,702,818--$29,702,818
Fees for Services Other$1,443,792$33,463$114,479$1,591,734
Other Salaries and Wages$1,084,264$186,551$37,115$1,307,930
Current Officers, Directors, Trustees, and Key Employees$500,703$90,909$203,748$795,360
Fees for Services Legal$272,652$11,420-$284,072
Other Employee Benefits$162,190$42,838$11,802$216,830
Occupancy-$201,468-$201,468
Payroll Taxes$108,705$28,712$15,604$153,021
Conferences and Meetings$84,808$9,077$3,588$97,473
Office Expenses$62,212$20,302$1,820$84,334
Information Technology$10,826$23,588$1,916$36,330
Insurance$1,152$23,981-$25,133
Fees for Services Accounting$421$24,340$193$24,954
Advertising$12,869$124-$12,993
Travel$9,025$294$2,209$11,528
Depreciation Depletion$5,550$758$683$6,991
Other Expenses$2,033$2,897$344$3,241
Total Functional Expenses$33,498,135$728,155$395,588$34,621,878

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$34,621,878
Total Expenses per Audited Statements$34,621,878
Total Expenses per Form 990$34,621,878
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Reading and Math IncMinneapolis, MN-Americorps Program$24,244,913
MN Alliance With Youth-Promise FellowsSt Paul, MN-Americorps Program$1,575,056
College PossibleSt Paul, MN-Americorps Program$801,463
MN Pollution Control ASt Paul, MN-Americorps Program$519,603
MN Conservation CorpsSt Paul, MN-Americorps Program$444,739
Duluth Area Family YMCADuluth, MN-Americorps Program$420,182
St Paul Neighborhood NetworkSt Paul, MN-Americorps Program$406,920
Minneapolis Public SchoolsMinneapolis, MN-Americorps Program$345,678
City of St PaulSt Paul, MN-Americorps Program$286,600
Twin Cities Habitat for HumanityMinneapolis, MN-Americorps Program$253,701
Southern MN Initiative FoundationOwatonna, MN-Americorps Program$202,868
MN Assoc for Volunteer AdminMaplewood, MN-Volunteer Generation Fund Grant$119,242
Hands on Twin CitiesMinneapolis, MN-Volunteer Generation Fund Grant$81,853
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$100,075
Insider Transactions and Loans

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

Compensation survey completed 2 years ago. 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
2019-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Suker
Formed
2000
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
19
Employees
27
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 2: New Services

Added the Recovery Corps program.

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 trains and deploys AmeriCorps members to provide tutoring to 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 programs, Head Start centers and elementary schools. Reading Corps tutors are trained in specific research-based literacy interventions, 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 become successful readers by the end of 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 four rigorous and independent evaluations by NORC at the University of Chicago. These studies confirmed that Reading Corps is proven to work and is closing the achievement gap. Students of color, students eligible for free and reduced-price lunch and English 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 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 232,000 struggling students progress to reading proficiency by the end of third grade. Last year, 85% of preschool Reading Corps participants showed growth on at least 3 of 5 key early literacy skills, indicating their readiness for Kindergarten. About 77% of K-3 students exceeded their growth goals, narrowing or closing the gap between their initial skill level and their grade level target. School administrators and staff appreciate the added support for their students. A year end survey shows 98% of administrators believe the program has a positive impact on their site and students. Teachers agree that the program helps reach more students and 97% feel positive about students in their classroom participating in Reading Corps. OTHER PROGRAM SERVICES 5: MATH CORPS - Minnesota Math Corps, an AmeriCorps program modeled after Minnesota Reading Corps, is designed to help 4th-8th graders achieve proficiency in math, a critical gateway skill for high school graduation, college admission and college completion. Gaps in math knowledge begin as early as elementary school and increase over time. Math Cor

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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IRS990/Form990PartVIISectionAGrp/PersonNm4Elizabeth Emerson
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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