Civic Intelligence

German Days Inc

990 • Fiscal year 2018 • EIN 43-2060645

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 28, 2019

PO Box 11Belle Plaine, MN 56011

(507) 665-6547

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

17th percentile

0.01x

Higher debt load relative to revenue than 17% of similar nonprofits.

2018 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2018

Net Margin

80th percentile

37%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

2018 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2018

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

2018 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

14%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$113,404

Up $20,816 (+22%) from 2017

Net Assets

Up

$112,910

Up $20,629 (+22%) from 2017

Liabilities

Up

$494

Up $187 (+61%) from 2017

Revenue

Up

$55,214

Up $6,796 (+14%) from 2017

Expenses

Up

$34,585

Up $3,295 (+11%) from 2017

Net Income

Up

$20,629

Up $3,501 (+20%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2012: $5,760Liabilities 2012: $7,4972012Assets 2013: $30,739Liabilities 2013: $12,547Net Assets 2013: $18,1922013Assets 2014: $8,289Liabilities 2014: $23,418Net Assets 2014: -$15,1292014Assets 2015: $91,081Liabilities 2015: $6,508Net Assets 2015: $84,5732015Assets 2016: $76,114Liabilities 2016: $961Net Assets 2016: $75,1532016Assets 2017: $92,588Liabilities 2017: $307Net Assets 2017: $92,2812017Assets 2018: $113,404Liabilities 2018: $494Net Assets 2018: $112,9102018Assets 2019: $104,189Liabilities 2019: $20Net Assets 2019: $104,1692019Assets 2020: $93,773Liabilities 2020: $0Net Assets 2020: $93,7732020Assets 2021: $183,442Liabilities 2021: $304Net Assets 2021: $183,1382021Assets 2022: $184,063Liabilities 2022: $1,913Net Assets 2022: $182,1502022Assets 2023: $116,144Liabilities 2023: $890Net Assets 2023: $115,2542023Assets 2024: $103,490Liabilities 2024: $925Net Assets 2024: $102,5652024

Highlighted filing

2018

Assets$113,404
Liabilities$494
Net Assets$112,910

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $7,946Expenses 2012: $10,121Net Income 2012: -$2,1752012Revenue 2013: $31,294Expenses 2013: $11,365Net Income 2013: $19,9292013Revenue 2014: -$9,024Expenses 2014: $24,063Net Income 2014: -$33,0872014Revenue 2015: $140,829Expenses 2015: $41,127Net Income 2015: $99,7022015Revenue 2016: $38,384Expenses 2016: $47,804Net Income 2016: -$9,4202016Revenue 2017: $48,418Expenses 2017: $31,290Net Income 2017: $17,1282017Revenue 2018: $55,214Expenses 2018: $34,585Net Income 2018: $20,6292018Revenue 2019: $30,625Expenses 2019: $39,366Net Income 2019: -$8,7412019Revenue 2020: -$6,807Expenses 2020: $3,589Net Income 2020: -$10,3962020Revenue 2021: $102,631Expenses 2021: $13,265Net Income 2021: $89,3662021Revenue 2022: $28,932Expenses 2022: $29,920Net Income 2022: -$9882022Revenue 2023: -$64,401Expenses 2023: $2,495Net Income 2023: -$66,8962023Revenue 2024: -$9,061Expenses 2024: $3,628Net Income 2024: -$12,6892024

Highlighted filing

2018

Revenue$55,214
Expenses$34,585
Net Income$20,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 28, 2019
Return Version
2018v3.1
Gross Receipts
$10,725,512
Mission and Program Overview

Mission

German days, inc. Is organized for charitable and promotional purposes to promote commerce and contribute funds back into the community for the betterment of all citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$89,048$113,404▲ $24,356
Investments in Publicly Traded Securities$3,540--
Total Assets$92,588$113,404▲ $20,816
Liabilities
Accounts Payable and Accrued Expenses$307$494▲ $187
Total Liabilities$307$494▲ $187
Net Assets / Fund Balance
Temporarily Rstr Net Assets$88,991$104,254▲ $15,263
Unrestricted Net Assets$3,290$8,656▲ $5,366
Total Net Assets Fund Balance$92,281$112,910▲ $20,629
Total Liabilities and Net Assets / Fund Balance$92,588$113,404▲ $20,816
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan TownsendPresident
John MahoneyCEO
Bruce PeltonenSecretary
Bergit KringsTreasurer
Charlie HartmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$39,951
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$15,263
All Other Contributions
$39,951
Change in Net Assets
$20,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$9,359--$9,359
Other Expenses$1,531--$1,531
Insurance$995--$995
All Other Expenses$897--$897
Fees for Services Accounting-$808-$808
Occupancy$495--$495
Total Functional Expenses$33,777$808$0$34,585
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$10,685,561
Gaming Direct Expenses$10,670,298
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign 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
Yes
Other officer compensation reviewed
Yes
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

The form 990 and 990-t are copied and given to the board members. The returns are reviewed at the next regular board meeting and discussed for 20 - 30 minutes.

Form 990, Page 6, Part VI, Line 15A

The ceo is a volunteer and is not compensated.

Form 990, Page 6, Part VI, Line 15B

The gambling manager's position is a paid position. The gambling manager's compensation is approved in advance by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request. The articles of incorporation are on file with the mn secretary of state.

Filing and Contact Details

Filer

Filer Name
German Days Inc
EIN
43-2060645
Phone
5076656547
Address
PO BOX 11, BELLE PLAINE, MN 56011

Signing Officer

Name
John Mahoney
Title
CEO
Phone
6514855152
Signed
2019-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mahoney
Formed
2004
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
24
Volunteers
20

Preparer

Firm
Clausen Schoenbauer Seurer & Webb Ltd
Address
205 LEXINGTON AVE S, NEW PRAGUE, MN 56071
Preparer
Christine a Clausen
Phone
9527581040
Raw XML Appendix310 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 AND 990-T ARE COPIED AND GIVEN TO THE BOARD MEMBERS. THE RETURNS ARE REVIEWED AT THE NEXT REGULAR BOARD MEETING AND DISCUSSED FOR 20 - 30 MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO IS A VOLUNTEER AND IS NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GAMBLING MANAGER'S POSITION IS A PAID POSITION. THE GAMBLING MANAGER'S COMPENSATION IS APPROVED IN ADVANCE BY THE BOARD.
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ReturnHeader/Filer/USAddress/ZIPCd056011
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03113BC39E4B4E0154D30D036B0BF9205BEEEB781
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09B1C7F6139C5D24C3311A635742717129C8BAE78
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.164.158.175
ReturnHeader/FilingSecurityInformation/IPDt02019-09-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:52:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311821996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLAUSEN SCHOENBAUER SEURER & WEBB LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 LEXINGTON AVE S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW PRAGUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056071
ReturnHeader/PreparerPersonGrp/PhoneNum09527581040
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE A CLAUSEN
ReturnHeader/ReturnTs02019-09-17T15:52:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.01$1.03$0.09$0.04$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.01$1.15$0.64$0.02$0.67
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.02$1.82$0.29$0.30$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.00$1.83$1.03$0.13$0.89
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.07$0.04$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.31$0.39$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.55$0.35$0.21
2017Summary only. Only limited summary data is available for this year.$0.93$0.00$0.92$0.48$0.31$0.17
2016Summary only. Only limited summary data is available for this year.$0.76$0.01$0.75$0.38$0.48$0.09
2015Summary only. Only limited summary data is available for this year.$0.91$0.07$0.85$1.41$0.41$1.00
2014Summary only. Only limited summary data is available for this year.$0.08$0.23$0.15$0.09$0.24$0.33
2013Summary only. Only limited summary data is available for this year.$0.31$0.13$0.18$0.31$0.11$0.20
2012Summary only. Only limited summary data is available for this year.$0.06$0.07$0.08$0.10$0.02