Civic Intelligence

Panther Foundation

990 • Fiscal year 2022 • EIN 43-2003471

Jul 01, 2021 to Jun 30, 2022 • Filed on May 04, 2023

1415 81st Avenue NESpring Lake Park, MN 55432

(763) 600-5550

Siviq Scores

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

Liabilities / Assets

70th percentile

0.13x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.37x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

12%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$506,068

Up $4,879 (+1.0%) from 2021

Net Assets

Up

$442,321

Up $66,355 (+18%) from 2021

Liabilities

Down

$63,747

Down $61,476 (-49%) from 2021

Revenue

Up

$173,689

Up $18,059 (+12%) from 2021

Expenses

Down

$107,334

Down $28,900 (-21%) from 2021

Net Income

Up

$66,355

Up $46,959 (+242%) from 2021

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

2022

Assets$506,068
Liabilities$63,747
Net Assets$442,321

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

2022

Revenue$173,689
Expenses$107,334
Net Income$66,355
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 4, 2023
Return Version
2021v4.0
Gross Receipts
$309,477
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$241,546$229,180▼ $12,366
Investments in Publicly Traded Securities$206,755$223,989▲ $17,234
Savings and Temporary Cash Investments$52,888$52,899▲ $11
Total Assets$501,189$506,068▲ $4,879
Liabilities
Grants Payable$113,667$51,866▼ $61,801
Accounts Payable and Accrued Expenses$2,665$11,881▲ $9,216
Other Liabilities$8,891--
Total Liabilities$125,223$63,747▼ $61,476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$375,966$442,321▲ $66,355
Total Net Assets Fund Balance$375,966$442,321▲ $66,355
Total Liabilities and Net Assets / Fund Balance$501,189$506,068▲ $4,879
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$33,451
Program Service Revenue
$0
Investment Income
$20,165
Other Revenue
$120,073
All Other Contributions
$33,451
Change in Net Assets
$66,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$89,658
Other Expenses$17,676
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$89,658--$89,658
Fees for Services Other-$8,514-$8,514
Office Expenses-$5,001-$5,001
Other Expenses-$45-$45
Total Functional Expenses$89,658$17,676$0$107,334
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spring Lake Park SchoolsSpring Lake Park, MN-District Support$89,658
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$164,007
Fundraising Direct Expenses$43,934
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala Eve$142,446$142,446$24,388$118,058
Annual Golf Eve$21,561$21,561$19,546$2,015
Total Events$164,007$164,007$43,934$120,073
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 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 7A

The foundation accepts applications for board of director positions. Director positions are for a three-year commitment beginning july 1. Directors are expected to attend board meetings throughout the year, serve on at least one standing committee, and actively participate in the foundation activities such as fund-raising events, community engagement events and represent the foundation at special events.

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

Form 990 is reviewed at a board meeting.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Panther Foundation
EIN
43-2003471
Phone
7636005550
Address
1415 81ST AVENUE NE, SPRING LAKE PARK, MN 55432

Signing Officer

Name
Colleen Pederson
Title
Director
Phone
7637861338
Signed
2023-05-04

Organization Details

Principal Officer
Colleen Pederson
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Pitzl & Pitzl Pa
Address
8 PINE TREE DR STE 100, ARDEN HILLS, MN 55112-3781
Preparer
John M Pitzl CPA
Phone
6514829994
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IRS990/PYRevenuesLessExpensesAmt019396
IRS990/PYTotalExpensesAmt0136234
IRS990/PYTotalRevenueAmt0155630
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0150588
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0178577
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0143307
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0764740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04138
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0197093
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IRS990ScheduleI/RecipientTable/CashGrantAmt089658
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DISTRICT SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SPRING LAKE PARK SCHOOLS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ACCEPTS APPLICATIONS FOR BOARD OF DIRECTOR POSITIONS. DIRECTOR POSITIONS ARE FOR A THREE-YEAR COMMITMENT BEGINNING JULY 1. DIRECTORS ARE EXPECTED TO ATTEND BOARD MEETINGS THROUGHOUT THE YEAR, SERVE ON AT LEAST ONE STANDING COMMITTEE, AND ACTIVELY PARTICIPATE IN THE FOUNDATION ACTIVITIES SUCH AS FUND-RAISING EVENTS, COMMUNITY ENGAGEMENT EVENTS AND REPRESENT THE FOUNDATION AT SPECIAL EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
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/TotalFunctionalExpensesGrp/ProgramServicesAmt089658
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125223
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IRS990/UponRequestInd0X
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Document Assets

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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
2022Detailed filing. Detailed filing data is available for this year.$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