Civic Intelligence

Red Jet Foundation

990PF • Fiscal year 2019 • EIN 41-2021695

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 31, 2020

1245 Oakview RoadMedina, MN 55356-9595

(763) 449-0245

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.00x

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-100%

Higher net margin than 6% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2019 filings • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

Down

$1,251,790

Down $33,442 (-2.6%) from 2014

Net Assets

$1,251,790

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$44,534

Up $3,668 (+9.0%) from 2014

Expenses

Up

$88,849

Up $16,437 (+23%) from 2014

Net Income

Down

-$44,315

Down $12,769 (-40%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,370,760Liabilities 2010: $02010Assets 2011: $1,348,696Liabilities 2011: $02011Assets 2012: $1,370,609Liabilities 2012: $02012Assets 2013: $1,332,172Liabilities 2013: $02013Assets 2014: $1,285,232Liabilities 2014: $02014Assets 2019: $1,251,790Liabilities 2019: $0Net Assets 2019: $1,251,7902019Assets 2020: $1,200,811Liabilities 2020: $0Net Assets 2020: $1,200,8112020Assets 2021: $1,287,383Liabilities 2021: $0Net Assets 2021: $1,287,3832021Assets 2022: $1,156,525Liabilities 2022: $0Net Assets 2022: $1,156,5252022Assets 2023: $1,027,709Liabilities 2023: $0Net Assets 2023: $1,027,7092023Assets 2024: $1,011,121Liabilities 2024: $0Net Assets 2024: $1,011,1212024

Highlighted filing

2019

Assets$1,251,790
Liabilities$0
Net Assets$1,251,790

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $43,102Expenses 2010: $66,107Net Income 2010: -$23,0052010Revenue 2011: $56,999Expenses 2011: $53,096Net Income 2011: $3,9032011Revenue 2012: $286,969Expenses 2012: $134,411Net Income 2012: $152,5582012Revenue 2013: $73,133Expenses 2013: $111,570Net Income 2013: -$38,4372013Revenue 2014: $40,866Expenses 2014: $72,412Net Income 2014: -$31,5462014Revenue 2019: $44,534Expenses 2019: $88,849Net Income 2019: -$44,3152019Revenue 2020: $37,119Expenses 2020: $88,098Net Income 2020: -$50,9792020Revenue 2021: $152,055Expenses 2021: $65,483Net Income 2021: $86,5722021Revenue 2022: $8,662Expenses 2022: $107,700Net Income 2022: -$99,0382022Revenue 2023: $325Expenses 2023: $129,141Net Income 2023: -$128,8162023Revenue 2024: $72,593Expenses 2024: $89,663Net Income 2024: -$17,0702024

Highlighted filing

2019

Revenue$44,534
Expenses$88,849
Net Income-$44,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 31, 2020
Return Version
2019v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL J SULLIVAN IIIPresident-$0--
CHRISTA H SULLIVANTreasurer-$0--
DANIEL J SULLIVAN JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Red Jet Foundation
EIN
41-2021695
Phone
7634490245
Address
1245 OAKVIEW ROAD, MEDINA, MN 55356-9595

Signing Officer

Name
Daniel J Sullivan Iii
Title
President
Phone
7634490245
Signed
2020-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Wipfli Llp
Address
7601 FRANCE AVENUE SOUTH SUITE 400, MINNEAPOLIS, MN 55435
Preparer
Laura C Gust CPA
Phone
9525483400
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0DANIEL J SULLIVAN III
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0MEDINA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0MN
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0ANOKA COUNTY AIRPORT, BLAINE, MN JUNE 2019THE L-39 AIRCRAFT PERFORMED FORMATION FLIGHT DEMONSTRATIONS. THE AIRCRAFT AND PILOT ALSO PARTICIPATED IN STATIC DISPLAY DEMONSTRATIONS AND CROWD INTERACTIONS: PICTURES WITH CHILDREN PROVIDING EDUCATION INFORMATION TO THE VIEWING PUBLICAPPROXIMATELY 5,000 PEOPLE ATTENDED THE AIR SHOW.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0WITTMAN AIRPORT, OSHKOSH, WI, JULY 2019THE MIG 17 STATIC DISPLAY PROVIDING EDUCATION INFORMATION TO THE VIEWING PUBLICAPPROXIMATELY 3,000 PEOPLE ATTENDED THE AIR SHOW.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0AIREXPO 2019, EDEN PRAIRIE, MN, JULY 2019THE L-39 AIRCRAFT PERFORMED FORMATION FLIGHT AND STATIC DEMONSTRATIONS. PROVIDING EDUCATION INFORMATION TO THE VIEWING PUBLIC.APPROXIMATELY 10,000 PEOPLE ATTENDED.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description4Txt0NORTHERN ILLINOIS AIRSHOW, WAUKEGAN, IL SEPTEMBER 2019THE L-39 AIRCRAFT PERFORMED FORMATION FLIGHT AND STATIC DEMONSTRATIONS. PROVIDING EDUCATION INFORMATION TO THE VIEWING PUBLIC.APPROXIMATELY 8,000 PEOPLE ATTENDED.
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IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0DANIEL J SULLIVAN III
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1CHRISTA H SULLIVAN
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
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IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0DANIEL AND CHRISTA SULLIVAN
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1DANIEL AND CHRISTA SULLIVAN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt01245 OAKVIEW ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt11245 OAKVIEW ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0MEDINA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1MEDINA

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