Civic Intelligence

Ires Foundation

990 • Fiscal year 2014 • EIN 43-1589012

Jan 01, 2014 to Dec 31, 2014 • Filed on Jan 28, 2016

1821 University Ave Ste S256St Paul, MN 55104

(651) 999-8984

Siviq Scores

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

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

75th percentile

26%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-24%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$327,873

Up $67,445 (+26%) from 2013

Net Assets

Up

$289,343

Up $28,915 (+11%) from 2013

Liabilities

Up

$38,530

Up $38,530 from 2013

Revenue

Down

$185,060

Down $59,367 (-24%) from 2013

Expenses

Down

$156,145

Down $68,380 (-30%) from 2013

Net Income

Up

$28,915

Up $9,013 (+45%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $168,032Liabilities 2010: $0Net Assets 2010: $168,0322010Assets 2011: $216,425Liabilities 2011: $24,270Net Assets 2011: $192,1552011Assets 2012: $283,182Liabilities 2012: $42,660Net Assets 2012: $240,5222012Assets 2013: $260,428Liabilities 2013: $0Net Assets 2013: $260,4282013Assets 2014: $327,873Liabilities 2014: $38,530Net Assets 2014: $289,3432014Assets 2015: $328,323Liabilities 2015: $58,340Net Assets 2015: $269,9832015Assets 2016: $322,875Liabilities 2016: $75,855Net Assets 2016: $247,0202016Assets 2017: $351,193Liabilities 2017: $80,695Net Assets 2017: $270,4982017Assets 2018: $380,795Liabilities 2018: $67,143Net Assets 2018: $313,6522018Assets 2019: $358,576Liabilities 2019: $45,620Net Assets 2019: $312,9562019Assets 2020: $374,472Liabilities 2020: $106,865Net Assets 2020: $267,6072020Assets 2021: $349,290Liabilities 2021: $19,500Net Assets 2021: $329,7902021Assets 2022: $363,075Liabilities 2022: $24,825Net Assets 2022: $338,2502022Assets 2023: $381,923Liabilities 2023: $0Net Assets 2023: $381,9232023Assets 2024: $308,845Liabilities 2024: $0Net Assets 2024: $308,8452024

Highlighted filing

2014

Assets$327,873
Liabilities$38,530
Net Assets$289,343

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $165,172Expenses 2010: $184,015Net Income 2010: -$18,8432010Expenses 2011: $182,9932011Expenses 2012: $170,7252012Revenue 2013: $244,427Expenses 2013: $224,525Net Income 2013: $19,9022013Revenue 2014: $185,060Expenses 2014: $156,145Net Income 2014: $28,9152014Revenue 2015: $197,237Expenses 2015: $216,597Net Income 2015: -$19,3602015Revenue 2016: $209,706Expenses 2016: $232,669Net Income 2016: -$22,9632016Revenue 2017: $236,573Expenses 2017: $213,095Net Income 2017: $23,4782017Revenue 2018: $245,993Expenses 2018: $202,839Net Income 2018: $43,1542018Revenue 2019: $247,554Expenses 2019: $248,250Net Income 2019: -$6962019Revenue 2020: $35,022Expenses 2020: $80,371Net Income 2020: -$45,3492020Revenue 2021: $155,791Expenses 2021: $93,608Net Income 2021: $62,1832021Revenue 2022: $191,264Expenses 2022: $182,804Net Income 2022: $8,4602022Revenue 2023: $286,459Expenses 2023: $242,786Net Income 2023: $43,6732023Revenue 2024: $293,202Expenses 2024: $366,280Net Income 2024: -$73,0782024

Highlighted filing

2014

Revenue$185,060
Expenses$156,145
Net Income$28,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jan 28, 2016
Return Version
2014v6.0
Gross Receipts
$185,060
Mission and Program Overview

Mission

To assist in the development of educational and training opportunities for professional insurance regulators as well as educating the private sector about state insurance regulation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$260,428$289,343▲ $28,915
Cash and Non-Interest-Bearing Accounts$99,391$166,675▲ $67,284
Savings and Temporary Cash Investments$161,037$161,198▲ $161
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$260,428$327,873▲ $67,445
Liabilities
Other Liabilities$0$38,530▲ $38,530
Total Liabilities$0$38,530▲ $38,530
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,428$289,343▲ $28,915
Total Liabilities and Net Assets / Fund Balance$260,428$327,873▲ $67,445
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan SteadChair
Jon BryngaPresident
Ron KotowskiVice Chair
Tracy ArneyVice President
Bennett KatzDirector
Bernd BreitenbachDirector
Beth MackDirector
Bill McdonaldDirector
Bruce FoudreeDirector
Cara GressenDirector
Cheryl BrunetteDirector
Christine PalmieriDirector
Cynthia DavidsonDirector
Damian SepanikDirector
David AbelDirector
Eric BergerDirector
Fred KarlinskyDirector
James FryerDirector
Janette AdairDirector
John ManciniDirector
Kara BaysingerDirector
Lewis MelahnDirector
Michael HailerDirector
Mike BedardDirector
Pamela BishopDirector
Cheryl DavisSecretary
Robin CloverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,000
Program Service Revenue
$126,899
Investment Income
$161
Other Revenue
$0
All Other Contributions
$58,000
Change in Net Assets
$28,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,858
Grants and Similar Amounts Paid$2,287
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,645$59,832-$61,477
Conferences and Meetings$58,559--$58,559
Other Expenses$4,771$4,726-$4,726
Travel$3,528--$3,528
Grants to Domestic Individuals$2,287--$2,287
Insurance$1,626--$1,626
Office Expenses$211$868-$1,079
All Other Expenses$300$40-$340
Total Functional Expenses$90,679$65,466$0$156,145
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits - Future Conferences$38,530
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Administrative functions are provided by synergos, 1821 university avenue, suite s256, saint paul, mn 55104.

Form 990, Part VI, Section B, Line 11

Directors are provided a copy of the 990 prior to filing.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Ires Foundation
EIN
43-1589012
Phone
6519998984
Address
1821 UNIVERSITY AVE STE S256, ST PAUL, MN 55104

Signing Officer

Name
Robin Clover
Title
Treasurer
Phone
6519998984
Signed
2016-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Clover
Formed
1991
Legal Domicile
Mn
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
27

Preparer

Firm
Thomas Lewis & Associates Pa
Address
750 SOUTH PLAZA DRIVE SUITE 208, MENDOTA HEIGHTS, MN 55120
Preparer
Eric Haukkala CPA
Phone
6516905498
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt02287
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02287
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02287
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0185060
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01626
IRS990/InsuranceGrp/TotalAmt01626
IRS990/InvestmentIncomeGrp/ExclusionAmt0161
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0161
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST IN THE DEVELOPMENT OF EDUCATIONAL AND TRAINING OPPORTUNITIES FOR PROFESSIONAL INSURANCE REGULATORS AS WELL AS EDUCATING THE PRIVATE SECTOR ABOUT STATE INSURANCE REGULATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0260428
IRS990/NetAssetsOrFundBalancesEOYAmt0289343
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0868
IRS990/OfficeExpensesGrp/ProgramServicesAmt0211
IRS990/OfficeExpensesGrp/TotalAmt01079
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc1SUPPLIES, POSTAGE, PRIN
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04726
IRS990/OtherExpensesGrp/ProgramServicesAmt017752
IRS990/OtherExpensesGrp/ProgramServicesAmt14771
IRS990/OtherExpensesGrp/TotalAmt017752
IRS990/OtherExpensesGrp/TotalAmt14771
IRS990/OtherExpensesGrp/TotalAmt24726
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt038530
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBIN CLOVER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0126899
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0126899
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt065000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt013554
IRS990/PYInvestmentIncomeAmt0199
IRS990/PYOtherExpensesAmt0210971
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0179228
IRS990/PYRevenuesLessExpensesAmt019902
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0224525
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0244427
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt028915
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0126899
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0260428
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0289343
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0161037
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161198
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt065000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt072126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt071362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0320882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0199
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0459
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0693
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01818
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0702667
IRS990ScheduleA/PublicSupportCY170Pct00.99440
IRS990ScheduleA/PublicSupportPY170Pct00.98860
IRS990ScheduleA/PublicSupportTotal170Amt0320882
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt065000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt072126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt071362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0320882
IRS990ScheduleA/TotalSupportAmt0322700
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038530
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS - FUTURE CONFERENCES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt038530
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE FUNCTIONS ARE PROVIDED BY SYNERGOS, 1821 UNIVERSITY AVENUE, SUITE S256, SAINT PAUL, MN 55104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ARE PROVIDED A COPY OF THE 990 PRIOR TO FILING.

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.$3.09$0.00$3.09$2.93$3.66$0.73
2023Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$2.86$2.43$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.63$0.25$3.38$1.91$1.83$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.49$0.20$3.30$1.56$0.94$0.62
2020Detailed filing. Detailed filing data is available for this year.$3.74$1.07$2.68$0.35$0.80$0.45
2019Detailed filing. Detailed filing data is available for this year.$3.59$0.46$3.13$2.48$2.48$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.81$0.67$3.14$2.46$2.03$0.43
2017Detailed filing. Detailed filing data is available for this year.$3.51$0.81$2.70$2.37$2.13$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.23$0.76$2.47$2.10$2.33$0.23
2015Detailed filing. Detailed filing data is available for this year.$3.28$0.58$2.70$1.97$2.17$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.28$0.39$2.89$1.85$1.56$0.29
2013Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$2.44$2.25$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.43$2.41$1.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.24$1.92$1.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.00$1.68$1.65$1.84$0.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits