Civic Intelligence

Drolson Family Foundation

EIN 45-2483929 • Forest Lake, MN

Pub. 78 Eligible
1243 Bay Drive SEForest Lake, MN 55025
Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.05x

Higher debt load relative to revenue than 80% of similar nonprofits.

<$500k nonprofits • Source year 2024

Net Margin

47th percentile

0.0%

Higher net margin than 47% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.0%

Faster asset growth than 56% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Flat

$1,504

Flat from 2023

Liabilities

Flat

$1,504

Flat from 2023

Net Assets

Flat

$0

Flat from 2023

Operations
Liabilities / Revenue80th percentileNet Margin47th percentile

Revenue

Up

$32,023

Up $2,878 (+9.9%) from 2023

Expenses

Up

$32,023

Up $2,878 (+9.9%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$2.0K$1.5K$1.0K$500$0-$500Assets 2012: $165Liabilities 2012: $02012Assets 2013: $235Liabilities 2013: $02013Assets 2014: -$74Liabilities 2014: $02014Assets 2015: $409Liabilities 2015: $02015Assets 2019: $219Liabilities 2019: $02019Assets 2020: $1,502Liabilities 2020: $1,502Net Assets 2020: $02020Assets 2021: $1,504Liabilities 2021: $1,504Net Assets 2021: $02021Assets 2022: $1,239Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $1,504Liabilities 2023: $1,504Net Assets 2023: $02023Assets 2024: $1,504Liabilities 2024: $1,504Net Assets 2024: $02024

Highlighted filing

2024

Assets$1,504
Liabilities$1,504
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2012: $11,577Expenses 2012: $11,416Net Income 2012: $1612012Revenue 2013: $17,340Expenses 2013: $17,105Net Income 2013: $2352013Revenue 2014: $16,522Expenses 2014: $16,832Net Income 2014: -$3102014Revenue 2015: $22,126Expenses 2015: $25,279Net Income 2015: -$3,1532015Revenue 2019: $19,514Expenses 2019: $23,143Net Income 2019: -$3,6292019Revenue 2020: $20,130Expenses 2020: $20,130Net Income 2020: $02020Revenue 2021: $30,161Expenses 2021: $22,939Net Income 2021: $7,2222021Revenue 2022: $24,674Expenses 2022: $24,939Net Income 2022: -$2652022Revenue 2023: $29,145Expenses 2023: $29,145Net Income 2023: $02023Revenue 2024: $32,023Expenses 2024: $32,023Net Income 2024: $02024

Highlighted filing

2024

Revenue$32,023
Expenses$32,023
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,504
Liabilities
$1,504
Net assets
$0
Revenue
$32,023
Expenses
$32,023
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.00$32.0$32.0$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.00$29.1$29.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.00$0.00$24.7$24.9$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.00$30.2$22.9$7.22
2020Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.00$20.1$20.1$0.00
2019Summary only. Only limited summary data is available for this year.$0.22$0.00$19.5$23.1$3.63
2015Summary only. Only limited summary data is available for this year.$0.41$0.00$22.1$25.3$3.15
2014Summary only. Only limited summary data is available for this year.$0.07$0.00$16.5$16.8$0.31
2013Summary only. Only limited summary data is available for this year.$0.24$0.00$17.3$17.1$0.24
2012Summary only. Only limited summary data is available for this year.$0.17$0.00$11.6$11.4$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURIE A DROLSONVice PresidentPT$0--
DAVID J DROLSONPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Drolson Family Foundation
EIN
45-2483929
In Care Of
% David J Drolson
Phone
6514649829
Address
1243 Bay Drive SE, Forest Lake, MN 55025

Signing Officer

Name
David J Drolson
Title
President-Treasurer
Phone
6514649829
Signed
2025-05-14
Raw XML Appendix186 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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CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0No Compensation Received
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1No Compensation Received
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IRS990PF/MethodOfAccountingCashInd0X
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IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt00
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt00
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1President
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
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IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0David J Drolson
IRS990PF/StatementsRegardingActyGrp/PhoneNum06515924626
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0www.drolsonfamilyfoundation.com
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0Forest Lake Community Scholarship Foundation Forest Lake MN Providing 4- 1500 annually renewable scholarships to worthy Forest Lake MN graduates
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0Forest Lake Area Schools Ranger Space Camp Marching Band Youth Service Clubetc Forest Lake MN providing opportunities to participate for no costs
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0Forest Lake Athletic Teams Basketball Football Hockey etc Forest Lake MN Providing donations for equipment & other teams needs for the season
IRS990PF/SummaryOfDirectChrtblActyGrp/Description4Txt0Forest Lake Shop with a FL Cop Forest Lake MN Providing Holiday meals to 10-12 families in need in cooperation with the FLPD at Christmas time
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt06000
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt02977
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IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0NA as Described in IRS form 990-PF Instructions
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID J DROLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President-Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06514649829
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Drolson Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0DROL
ReturnHeader/Filer/EIN0452483929
ReturnHeader/Filer/InCareOfNm0% David J Drolson
ReturnHeader/Filer/PhoneNum06514649829
ReturnHeader/Filer/USAddress/AddressLine1Txt01243 Bay Drive SE
ReturnHeader/Filer/USAddress/CityNm0Forest Lake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055025
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-05-14T11:06:39-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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