Civic Intelligence

Avatan Inc

EIN 41-6040753 • 501(c)7 • East Bethel, MN

Profile

Maintain recreational facilities

P O Box 95East Bethel, MN 55011-0095

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.11x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.30x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Net Margin

16th percentile

-10%

Higher net margin than 16% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

30th percentile

-2.3%

Faster asset growth than 30% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

8.8%

Faster revenue growth than 59% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$553,969

Up $3,504 (+0.6%) from 2023

Liabilities

Down

$50,636

Down $10,205 (-17%) from 2023

Net Assets

Up

$503,333

Up $13,709 (+2.8%) from 2023

Revenue

Up

$233,603

Up $27,614 (+13%) from 2023

Expenses

Down

$219,894

Down $6,753 (-3.0%) from 2023

Net Income

Up

$13,709

Up $34,367 (+166%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $419,786Liabilities 2010: $3,490Net Assets 2010: $416,2962010Assets 2011: $389,476Liabilities 2011: $4,059Net Assets 2011: $385,4172011Assets 2012: $383,938Liabilities 2012: $41,334Net Assets 2012: $342,6042012Assets 2013: $414,018Liabilities 2013: $39,991Net Assets 2013: $374,0272013Assets 2014: $448,109Liabilities 2014: $38,465Net Assets 2014: $409,6442014Assets 2015: $482,430Liabilities 2015: $39,766Net Assets 2015: $442,6642015Assets 2016: $497,182Liabilities 2016: $39,174Net Assets 2016: $458,0082016Assets 2017: $529,497Liabilities 2017: $40,894Net Assets 2017: $488,6032017Assets 2018: $551,186Liabilities 2018: $42,472Net Assets 2018: $508,7142018Assets 2019: $561,513Liabilities 2019: $43,897Net Assets 2019: $517,6162019Assets 2020: $565,572Liabilities 2020: $42,447Net Assets 2020: $523,1252020Assets 2021: $563,602Liabilities 2021: $44,290Net Assets 2021: $519,3122021Assets 2022: $563,515Liabilities 2022: $56,015Net Assets 2022: $507,5002022Assets 2023: $550,465Liabilities 2023: $60,841Net Assets 2023: $489,6242023Assets 2024: $553,969Liabilities 2024: $50,636Net Assets 2024: $503,3332024

Highlighted filing

2024

Assets$553,969
Liabilities$50,636
Net Assets$503,333

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $171,646Expenses 2010: $178,998Net Income 2010: -$7,3522010Revenue 2011: $154,416Expenses 2011: $185,295Net Income 2011: -$30,8792011Revenue 2012: $152,176Expenses 2012: $154,989Net Income 2012: -$2,8132012Revenue 2013: $158,290Expenses 2013: $126,867Net Income 2013: $31,4232013Revenue 2014: $160,811Expenses 2014: $125,194Net Income 2014: $35,6172014Revenue 2015: $168,602Expenses 2015: $135,582Net Income 2015: $33,0202015Revenue 2016: $160,900Expenses 2016: $145,557Net Income 2016: $15,3432016Revenue 2017: $171,257Expenses 2017: $140,662Net Income 2017: $30,5952017Revenue 2018: $168,972Expenses 2018: $148,861Net Income 2018: $20,1112018Revenue 2019: $173,676Expenses 2019: $164,774Net Income 2019: $8,9022019Revenue 2020: $152,661Expenses 2020: $147,152Net Income 2020: $5,5092020Revenue 2021: $181,158Expenses 2021: $184,971Net Income 2021: -$3,8132021Revenue 2022: $189,251Expenses 2022: $201,063Net Income 2022: -$11,8122022Revenue 2023: $205,989Expenses 2023: $226,647Net Income 2023: -$20,6582023Revenue 2024: $233,603Expenses 2024: $219,894Net Income 2024: $13,7092024

Highlighted filing

2024

Revenue$233,603
Expenses$219,894
Net Income$13,709

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.54$0.51$5.03$2.34$2.20$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.50$0.61$4.90$2.06$2.27$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.64$0.56$5.08$1.89$2.01$0.12
2021Detailed filing. Detailed filing data is available for this year.$5.64$0.44$5.19$1.81$1.85$0.04
2020Detailed filing. Detailed filing data is available for this year.$5.66$0.42$5.23$1.53$1.47$0.06
2019Detailed filing. Detailed filing data is available for this year.$5.62$0.44$5.18$1.74$1.65$0.09
2018Detailed filing. Detailed filing data is available for this year.$5.51$0.42$5.09$1.69$1.49$0.20
2017Detailed filing. Detailed filing data is available for this year.$5.29$0.41$4.89$1.71$1.41$0.31
2016Detailed filing. Detailed filing data is available for this year.$4.97$0.39$4.58$1.61$1.46$0.15
2015Detailed filing. Detailed filing data is available for this year.$4.82$0.40$4.43$1.69$1.36$0.33
2014Detailed filing. Detailed filing data is available for this year.$4.48$0.38$4.10$1.61$1.25$0.36
2013Detailed filing. Detailed filing data is available for this year.$4.14$0.40$3.74$1.58$1.27$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.41$3.43$1.52$1.55$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$0.04$3.85$1.54$1.85$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.03$4.16$1.72$1.79$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$241,377
Mission and Program Overview

Mission

Maintain recreational facilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$452,159$434,489▼ $17,670
Savings and Temporary Cash Investments$77,658$101,126▲ $23,468
Cash and Non-Interest-Bearing Accounts$14,620$18,354▲ $3,734
Inventories for Sale or Use$6,028--
Total Assets$550,465$553,969▲ $3,504
Liabilities
Other Liabilities$45,556$45,833▲ $277
Deferred Revenue$15,018$4,506▼ $10,512
Accounts Payable and Accrued Expenses$267$297▲ $30
Total Liabilities$60,841$50,636▼ $10,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$489,624$503,333▲ $13,709
Total Net Assets Fund Balance$489,624$503,333▲ $13,709
Total Liabilities and Net Assets / Fund Balance$550,465$553,969▲ $3,504

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$262,978$401,285$664,263
Land$123,809-$123,809
Equipment$5,617$61,979$67,596
Buildings$42,085$1,538$43,623
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda TerrellPresident
Beverly JohnsonDirector
Heidi MineaDirector
Mike WietmanDirector
Nancy HarringtonDirector
Nancy RosengrenDirector
Robert NewgordDirector
Stephen MccraryDirector
Brad McdonaldController/d
Teri ParfittCorrespond.s
George HolmanTreasurer
Karen KaiserVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,962
Program Service Revenue
$220,025
Investment Income
$4,158
Other Revenue
$6,458
All Other Contributions
$2,962
Change in Net Assets
$13,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,335
Salaries, Compensation, and Employee Benefits$39,559
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$38,056
Other Salaries and Wages---$36,178
Depreciation Depletion---$17,670
Fees for Services Legal---$17,199
Insurance---$14,095
All Other Expenses---$6,835
Fees for Services Accounting---$6,420
Other Expenses---$5,739
Payroll Taxes---$3,381
Travel---$2,500
Information Technology---$1,703
Fees for Services Other---$1,626
Advertising---$1,137
Office Expenses---$762
Total Functional Expenses$0$0$0$219,894
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lot Deposits$42,755
Payroll Liabilities$2,478
Sales Tax Payable$600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 8B

There is no committee with the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Presented at board of directors meeting

Form 990, Page 6, Part VI, Line 19

At board of director meetings and membership meetings

Filing and Contact Details

Filer

Filer Name
Avatan Inc
EIN
41-6040753
Phone
7634344922
Address
P O BOX 95, EAST BETHEL, MN 55011-0095

Signing Officer

Name
Linda Terrell
Title
President
Phone
9528821621
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Terrell
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
20

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
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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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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0123809
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESENTED AT BOARD OF DIRECTORS MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT BOARD OF DIRECTOR MEETINGS AND MEMBERSHIP MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalGrossUBIAmt044416
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IRS990/TotalLiabilitiesEOYAmt050636
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IRS990/TotalProgramServiceRevenueAmt0220025
IRS990/TotalRevenueGrp/ExclusionAmt0-910
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0187135
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt044416
IRS990/TotalVolunteersCnt020
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IRS990/TravelGrp/TotalAmt02500
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05100 TRENTON LN N
IRS990/USAddress/CityNm0PLYMOUTH
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055442
IRS990/VotingMembersGoverningBodyCnt012
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA TERRELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09528821621
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AVATAN INC
ReturnHeader/Filer/BusinessNameControlTxt0AVAT
ReturnHeader/Filer/EIN0416040753
ReturnHeader/Filer/PhoneNum07634344922
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 95
ReturnHeader/Filer/USAddress/CityNm0EAST BETHEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0550110095
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0416192096
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOYUM & BARENSCHEER PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03050 METRO DR STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554251547
ReturnHeader/PreparerPersonGrp/PhoneNum09528544244
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA LOVEGREN
ReturnHeader/ReturnTs02025-05-13T12:25:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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