Civic Intelligence

Panther Foundation

990 • Fiscal year 2015 • EIN 43-2003471

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

1415 81st Avenue NESpring Lake Park, MN 55432

(763) 786-1338

Siviq Scores

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

Liabilities / Assets

65th percentile

0.14x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.53x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-13%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$541,181

Up $90,791 (+20%) from 2014

Net Assets

Up

$463,956

Up $13,566 (+3.0%) from 2014

Liabilities

Up

$77,225

Up $77,225 from 2014

Revenue

Down

$146,444

Down $22,096 (-13%) from 2014

Expenses

Up

$114,462

Up $86,789 (+314%) from 2014

Net Income

Down

$31,982

Down $108,885 (-77%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $213,133Liabilities 2011: $02011Assets 2012: $236,479Liabilities 2012: $02012Assets 2013: $309,523Net Assets 2013: $309,5232013Assets 2014: $450,390Liabilities 2014: $0Net Assets 2014: $450,3902014Assets 2015: $541,181Liabilities 2015: $77,225Net Assets 2015: $463,9562015Assets 2016: $656,060Liabilities 2016: $74,370Net Assets 2016: $581,6902016Assets 2017: $786,307Liabilities 2017: $78,330Net Assets 2017: $707,9772017Assets 2018: $880,109Liabilities 2018: $330,655Net Assets 2018: $549,4542018Assets 2019: $667,088Liabilities 2019: $183,271Net Assets 2019: $483,8172019Assets 2020: $360,453Liabilities 2020: $3,883Net Assets 2020: $356,5702020Assets 2021: $501,189Liabilities 2021: $125,223Net Assets 2021: $375,9662021Assets 2022: $506,068Liabilities 2022: $63,747Net Assets 2022: $442,3212022Assets 2023: $536,588Liabilities 2023: $42,374Net Assets 2023: $494,2142023Assets 2024: $671,398Liabilities 2024: $1,380Net Assets 2024: $670,0182024

Highlighted filing

2015

Assets$541,181
Liabilities$77,225
Net Assets$463,956

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $129,216Expenses 2011: $76,716Net Income 2011: $52,5002011Revenue 2012: $118,579Expenses 2012: $95,233Net Income 2012: $23,3462012Revenue 2013: $142,008Expenses 2013: $68,964Net Income 2013: $73,0442013Revenue 2014: $168,540Expenses 2014: $27,673Net Income 2014: $140,8672014Revenue 2015: $146,444Expenses 2015: $114,462Net Income 2015: $31,9822015Revenue 2016: $197,665Expenses 2016: $79,931Net Income 2016: $117,7342016Revenue 2017: $209,028Expenses 2017: $82,741Net Income 2017: $126,2872017Revenue 2018: $209,169Expenses 2018: $367,692Net Income 2018: -$158,5232018Revenue 2019: $155,018Expenses 2019: $220,655Net Income 2019: -$65,6372019Revenue 2020: $147,391Expenses 2020: $274,638Net Income 2020: -$127,2472020Revenue 2021: $155,630Expenses 2021: $136,234Net Income 2021: $19,3962021Revenue 2022: $173,689Expenses 2022: $107,334Net Income 2022: $66,3552022Revenue 2023: $151,478Expenses 2023: $99,585Net Income 2023: $51,8932023Revenue 2024: $190,193Expenses 2024: $84,837Net Income 2024: $105,3562024

Highlighted filing

2015

Revenue$146,444
Expenses$114,462
Net Income$31,982
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$204,059
Mission and Program Overview

Mission

To empower and support world class learning in the spring lake park schools community.

To support the spring lake park school district. To fund educational innovations that students need to be successful. To maintain high quality school experiences for the benefit of the children of the district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$329,165-
Cash and Non-Interest-Bearing Accounts$339,910$134,558▼ $205,352
Savings and Temporary Cash Investments$110,480$77,458▼ $33,022
Total Assets$450,390$541,181▲ $90,791
Liabilities
Grants Payable$18,391$77,200▲ $58,809
Accounts Payable and Accrued Expenses$25$25→ $0
Total Liabilities$18,416$77,225▲ $58,809
Net Assets / Fund Balance
Unrestricted Net Assets$431,974$463,956▲ $31,982
Total Net Assets Fund Balance$431,974$463,956▲ $31,982
Total Liabilities and Net Assets / Fund Balance$450,390$541,181▲ $90,791
Compensation and Service Providers

Board Members and Trustees

NameTitle
Evan JohnstonChairperson
Jonelle MeyerVice Chair
Colleen PedersonAssist Director
Bobbi GeorgeDirector
Eric EdlundDirector
Jacque CurranDirector
Jim AmundsonDirector
Kieu StueveDirector
Kim FehringerDirector
Mary StrohmayerDirector
Toni MortensenDirector
Tonya RoweDirector
Amy HennenMember at La
Tom GallagherMember at La
Stephanie EichstaedtSecretary
Dr Jeff RonnebergSUPER; EXEC
Matt ChristensonSupport Staf
Bill KoschakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$29,710
Program Service Revenue
$0
Investment Income
$729
Other Revenue
$116,005
All Other Contributions
$3,508
Change in Net Assets
$31,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,324
Other Expenses$13,138
Total Fundraising Expense$1,109
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,324--$101,324
Fees for Services Accounting-$2,367-$2,367
Advertising--$1,109$1,109
Office Expenses-$902-$902
Fees for Services Other-$493-$493
Fees for Services Management-$77-$77
Other Expenses$7,641$25-$25
Total Functional Expenses$108,965$4,388$1,109$114,462
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
School District 16Spring Lake Park, MN-Recurring Special Pr$78,324
School District 16Spring Lake Park, MN-Annual Board Approve$16,000
School District 16Spring Lake Park, MN-District Support$7,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$173,620
Fundraising Direct Expenses$57,615
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$136,103$136,103$26,318$109,785
2014 Golf Event$27,066$27,066$23,753$3,313
Total Events$173,620$173,620$57,615$116,005
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 11B

Treasurer & executive director reviews with cpa

Form 990, Page 6, Part VI, Line 19

Copy of return is kept at school district main office

Filing and Contact Details

Filer

Filer Name
Panther Foundation
EIN
43-2003471
Phone
7637861338
Address
1415 81ST AVENUE NE, SPRING LAKE PARK, MN 55432

Signing Officer

Name
Colleen Pederson
Title
Executive Director
Phone
7637861338
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Pederson
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Hubmer Enstad Ovik & Co Ltd
Address
3340 NORTHDALE BLVD NW STE 120, COON RAPIDS, MN 55448-1622
Preparer
Gregory Ovik
Phone
7637867899
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt028488
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0137345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0729
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01683
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03751
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01030
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07311
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0173620
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0187323
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0134230
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0107709
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0122459
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0725341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0729
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01683
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03751
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01030
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IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt04501
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt04155
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt08656
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98180
IRS990ScheduleA/PublicSupportPY509Pct00.97900
IRS990ScheduleA/PublicSupportTotal509Amt0862686
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0203330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0212067
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0162951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0133391
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150947
IRS990ScheduleA/Total509Grp/TotalAmt0862686
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0204059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0213750
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0167570
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0141297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0151977
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0878653
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt057615
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm02014 GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0136103
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027066
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010451
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0173620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0136103
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt027066
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010451
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0116005
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07544
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt057615
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt026318
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt023753
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
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IRS990ScheduleI/RecipientTable/CashGrantAmt07000
IRS990ScheduleI/RecipientTable/CashGrantAmt116000
IRS990ScheduleI/RecipientTable/CashGrantAmt278324
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DISTRICT SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ANNUAL BOARD APPROVE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RECURRING SPECIAL PR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SCHOOL DISTRICT 16
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SCHOOL DISTRICT 16
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SCHOOL DISTRICT 16
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01415 81ST AVENUE NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11415 81ST AVENUE NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21415 81ST AVENUE NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPRING LAKE PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SPRING LAKE PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SPRING LAKE PARK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155432
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER & EXECUTIVE DIRECTOR REVIEWS WITH CPA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF RETURN IS KEPT AT SCHOOL DISTRICT MAIN OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0450390
IRS990/TotalAssetsEOYAmt0541181
IRS990/TotalAssetsGrp/BOYAmt0450390
IRS990/TotalAssetsGrp/EOYAmt0541181
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt029710
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01109
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04388
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108965
IRS990/TotalFunctionalExpensesGrp/TotalAmt0114462
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018416
IRS990/TotalLiabilitiesEOYAmt077225
IRS990/TotalLiabilitiesGrp/BOYAmt018416
IRS990/TotalLiabilitiesGrp/EOYAmt077225
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0431974
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0463956
IRS990/TotalProgramServiceExpensesAmt0108965
IRS990/TotalRevenueGrp/ExclusionAmt0116734
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0146444
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0450390
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0541181
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0431974
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0463956
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0SPRING LAKE PARK SCHOOL
IRS990/USAddress/CityNm0SPRING LAKE PARK
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055432
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.SPRINGLAKEPARKSCHOOLS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z

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.$6.71$0.01$6.70$1.90$0.85$1.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$0.42$4.94$1.51$1.00$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$0.64$4.42$1.74$1.07$0.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$1.25$3.76$1.56$1.36$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.04$3.57$1.47$2.75$1.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$1.83$4.84$1.55$2.21$0.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.80$3.31$5.49$2.09$3.68$1.59
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.86$0.78$7.08$2.09$0.83$1.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.56$0.74$5.82$1.98$0.80$1.18
2015Detailed filing. Detailed filing data is available for this year.$5.41$0.77$4.64$1.46$1.14$0.32
2014Summary only. Only limited summary data is available for this year.$4.50$0.00$4.50$1.69$0.28$1.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$3.10$1.42$0.69$0.73
2012Summary only. Only limited summary data is available for this year.$2.36$0.00$1.19$0.95$0.23
2011Summary only. Only limited summary data is available for this year.$2.13$0.00$1.29$0.77$0.53