Civic Intelligence

The Hendrickson Foundation Inc

990EZ • Fiscal year 2015 • EIN 45-2880118

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 01, 2015

2015 West Forest DrMinneapolis, MN 55423

(612) 866-6763

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

86th percentile

$29,083

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

85th percentile

55%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$88,415

Up $31,384 (+55%) from 2014

Net Assets

Up

$87,636

Up $31,135 (+55%) from 2014

Liabilities

Up

$779

Up $249 (+47%) from 2014

Revenue

Up

$118,099

Up $17,400 (+17%) from 2014

Expenses

Up

$86,964

Up $6,254 (+7.7%) from 2014

Net Income

Up

$31,135

Up $11,146 (+56%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $28,346Liabilities 2012: $02012Assets 2013: $36,978Liabilities 2013: $466Net Assets 2013: $36,5122013Assets 2014: $57,031Liabilities 2014: $530Net Assets 2014: $56,5012014Assets 2015: $88,415Liabilities 2015: $779Net Assets 2015: $87,6362015Assets 2016: $112,882Liabilities 2016: $0Net Assets 2016: $112,8822016Assets 2017: $87,186Liabilities 2017: $0Net Assets 2017: $87,1862017Assets 2018: $85,705Liabilities 2018: $597Net Assets 2018: $85,1082018Assets 2019: $174,095Liabilities 2019: $658Net Assets 2019: $173,4372019Assets 2020: $166,311Liabilities 2020: $897Net Assets 2020: $165,4142020Assets 2021: $139,543Liabilities 2021: $597Net Assets 2021: $138,9462021Assets 2022: $146,783Liabilities 2022: $597Net Assets 2022: $146,1862022Assets 2023: $257,603Liabilities 2023: $422Net Assets 2023: $257,1812023Assets 2024: $272,828Liabilities 2024: $22,237Net Assets 2024: $250,5912024

Highlighted filing

2015

Assets$88,415
Liabilities$779
Net Assets$87,636

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $54,811Expenses 2012: $26,465Net Income 2012: $28,3462012Revenue 2013: $60,761Expenses 2013: $52,595Net Income 2013: $8,1662013Revenue 2014: $100,699Expenses 2014: $80,710Net Income 2014: $19,9892014Revenue 2015: $118,099Expenses 2015: $86,964Net Income 2015: $31,1352015Revenue 2016: $184,498Expenses 2016: $159,252Net Income 2016: $25,2462016Revenue 2017: $116,443Expenses 2017: $142,139Net Income 2017: -$25,6962017Revenue 2018: $128,399Expenses 2018: $130,477Net Income 2018: -$2,0782018Revenue 2019: $420,711Expenses 2019: $332,382Net Income 2019: $88,3292019Revenue 2020: $285,573Expenses 2020: $293,596Net Income 2020: -$8,0232020Revenue 2021: $290,873Expenses 2021: $317,341Net Income 2021: -$26,4682021Revenue 2022: $489,737Expenses 2022: $482,497Net Income 2022: $7,2402022Revenue 2023: $594,548Expenses 2023: $483,553Net Income 2023: $110,9952023Revenue 2024: $620,798Expenses 2024: $627,388Net Income 2024: -$6,5902024

Highlighted filing

2015

Revenue$118,099
Expenses$86,964
Net Income$31,135
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 1, 2015
Return Version
2014v5.0
Gross Receipts
$137,764
Mission and Program Overview

Mission

The hendrickson foundation provides benefits to people who are wheelchair bound, amputees, have cognitive issues, or were injured serving our country. The foundation strives to expand hockey to theses people, to grow the game, to get players out of the house and provide a positive activity to improve mental and physical health.

Program Services

DescriptionGrantsExpenses
THE HENDRICKSON FOUNDATION MAINTAINS AND SUPPORTS PROGRAMS THAT HELP DISABLED ATHLETES POSITIVELY CHANGE THEIR LIVES THROUGH THE SPORT OF HOCKEY. THESE PROGRAMS AID CHILDREN AND ADULTS WITH COGNITIVE- DEVELOPMENTAL LIMITATIONS; CHILDREN WITH PHYSICAL LIMITATIONS DUE TO BIRTH DEFECT, INJURY OR DISEASE; MILITARY VETERANS WITH COMBAT OR NON-COMBAT RELATED INJURIES; AND ADULTS WITH PARALYSIS AND AMPUTEE CONDITIONS.-$71,268
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARRY HENDRICKSONExecutive DiPT$29,083-$29,083
DARBY HENDRICKSONDirector-$0--
CHRISTINE HENDRICKSONDirectorPT$0--
DANNY HENDRICKSONDirector-$0--
JULIE HENDRICKSONDirector-$0--
PAT ELLIOTTDirector-$0--
ERIC GISLASONDirector-$0--
MIKE MACMILLANDirector-$0--
RICH THOMPSONDirector-$0--
TOM TUTTLEDirector-$0--
JOHN KINGDirector-$0--
ROGER GODINDirector-$0--
DAVE LENSMEIRDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$48,218$48,218$19,035$29,183
Fallon Dinner$12,669$12,669$630$12,039
Total Events$60,887$60,887$19,665$41,222
Filing and Contact Details

Filer

Filer Name
The Hendrickson Foundation Inc
EIN
45-2880118
Phone
6128666763
Address
2015 WEST FOREST DR, MINNEAPOLIS, MN 55423

Signing Officer

Name
Larry Hendrickson
Title
Executive Director
Phone
6128666763
Signed
2015-10-01

Preparer

Firm
David J Brown LLC
Address
12415 55TH ST N, LAKE ELMO, MN 55042-8462
Preparer
David J Brown CPA
Phone
6514303635
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 235 meeting expense 160 board meeting 204 sled association 16,765 minnesota hockey 15,250 promotions 2,361 website maintenance 1,345 sportngin fee 490 program service fees 5,506 merchant fees 15 taxes/licenses 25 donations 250 minnesota special hockey 8,312 west metro warriors 500 fundraising fee 283 non-investment depreciation 936 total 52,637

Form 990-ez, Part II, Line 24

Depreciable assets 2,708 2,708 less accumulated depreciation 813 1,749 org costs 850 850 less accumulated amortization 161 217 total 2,584 1,592

Form 990-ez, Part II, Line 26

Payroll taxes payable 530 779

Form 990-ez, Part III

The hendrickson foundation provides benefits to people who are wheelchair bound, amputees, have cognitive issues, or were injured serving our country. The foundation strives to expand hockey to theses people, to grow the game, to get players out of the house and provide a positive activity to improve mental and physical health.

Form 990-ez, Part III, Line 28

The hendrickson foundation maintains and supports programs that help disabled athletes positively change their lives through the sport of hockey. These programs aid children and adults with cognitive- developmental limitations; children with physical limitations due to birth defect, injury or disease; military veterans with combat or non-combat related injuries; and adults with paralysis and amputee conditions.

Raw XML Appendix204 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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IRS990EZ/PrimaryExemptPurposeTxt0THE HENDRICKSON FOUNDATION PROVIDES BENEFITS TO PEOPLE WHO ARE WHEELCHAIR BOUND, AMPUTEES, HAVE COGNITIVE ISSUES, OR WERE INJURED SERVING OUR COUNTRY. THE FOUNDATION STRIVES TO EXPAND HOCKEY TO THESES PEOPLE, TO GROW THE GAME, TO GET PLAYERS OUT OF THE HOUSE AND PROVIDE A POSITIVE ACTIVITY TO IMPROVE MENTAL AND PHYSICAL HEALTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE HENDRICKSON FOUNDATION MAINTAINS AND SUPPORTS PROGRAMS THAT HELP DISABLED ATHLETES POSITIVELY CHANGE THEIR LIVES THROUGH THE SPORT OF HOCKEY. THESE PROGRAMS AID CHILDREN AND ADULTS WITH COGNITIVE- DEVELOPMENTAL LIMITATIONS; CHILDREN WITH PHYSICAL LIMITATIONS DUE TO BIRTH DEFECT, INJURY OR DISEASE; MILITARY VETERANS WITH COMBAT OR NON-COMBAT RELATED INJURIES; AND ADULTS WITH PARALYSIS AND AMPUTEE CONDITIONS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING EVENT INCOME 188,714
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 235 MEETING EXPENSE 160 BOARD MEETING 204 SLED ASSOCIATION 16,765 MINNESOTA HOCKEY 15,250 PROMOTIONS 2,361 WEBSITE MAINTENANCE 1,345 SPORTNGIN FEE 490 PROGRAM SERVICE FEES 5,506 MERCHANT FEES 15 TAXES/LICENSES 25 DONATIONS 250 MINNESOTA SPECIAL HOCKEY 8,312 WEST METRO WARRIORS 500 FUNDRAISING FEE 283 NON-INVESTMENT DEPRECIATION 936 TOTAL 52,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEPRECIABLE ASSETS 2,708 2,708 LESS ACCUMULATED DEPRECIATION 813 1,749 ORG COSTS 850 850 LESS ACCUMULATED AMORTIZATION 161 217 TOTAL 2,584 1,592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 530 779
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE HENDRICKSON FOUNDATION PROVIDES BENEFITS TO PEOPLE WHO ARE WHEELCHAIR BOUND, AMPUTEES, HAVE COGNITIVE ISSUES, OR WERE INJURED SERVING OUR COUNTRY. THE FOUNDATION STRIVES TO EXPAND HOCKEY TO THESES PEOPLE, TO GROW THE GAME, TO GET PLAYERS OUT OF THE HOUSE AND PROVIDE A POSITIVE ACTIVITY TO IMPROVE MENTAL AND PHYSICAL HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE HENDRICKSON FOUNDATION MAINTAINS AND SUPPORTS PROGRAMS THAT HELP DISABLED ATHLETES POSITIVELY CHANGE THEIR LIVES THROUGH THE SPORT OF HOCKEY. THESE PROGRAMS AID CHILDREN AND ADULTS WITH COGNITIVE- DEVELOPMENTAL LIMITATIONS; CHILDREN WITH PHYSICAL LIMITATIONS DUE TO BIRTH DEFECT, INJURY OR DISEASE; MILITARY VETERANS WITH COMBAT OR NON-COMBAT RELATED INJURIES; AND ADULTS WITH PARALYSIS AND AMPUTEE CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY HENDRICKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06128666763
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE HENDRICKSON FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HEND
ReturnHeader/Filer/EIN0452880118
ReturnHeader/Filer/PhoneNum06128666763
ReturnHeader/Filer/USAddress/AddressLine1Txt02015 WEST FOREST DR
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055423
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271365963
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID J BROWN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012415 55TH ST N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKE ELMO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0550428462
ReturnHeader/PreparerPersonGrp/PhoneNum06514303635
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J BROWN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-10-06T14:17:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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