Civic Intelligence

Bii Gii Wiin Community Development

990 • Fiscal year 2020 • EIN 45-3579582

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileMNISOTAFUND.ORG

View Organization Page

1113 E Franklin Avenue 200Minneapolis, MN 55404-2157

(612) 402-0685

Siviq Scores

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

Liabilities / Assets

76th percentile

0.30x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.42x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$90,154

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

92nd percentile

134%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

15%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$953,967

Up $546,749 (+134%) from 2019

Net Assets

Up

$663,733

Up $278,979 (+73%) from 2019

Liabilities

Up

$290,234

Up $267,770 (+1192%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin85th percentile

Revenue

Up

$690,621

Up $87,972 (+15%) from 2019

Expenses

Up

$428,435

Up $117,238 (+38%) from 2019

Net Income

Down

$262,186

Down $29,266 (-10%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $53,817Liabilities 2013: $767Net Assets 2013: $53,0502013Assets 2014: $215,755Liabilities 2014: $1,594Net Assets 2014: $214,1612014Assets 2015: $173,325Liabilities 2015: $0Net Assets 2015: $173,3252015Assets 2016: $215,030Liabilities 2016: $2,778Net Assets 2016: $212,2522016Assets 2017: $243,923Liabilities 2017: $3,421Net Assets 2017: $240,5022017Assets 2018: $96,367Liabilities 2018: $2,281Net Assets 2018: $94,0862018Assets 2019: $407,218Liabilities 2019: $22,464Net Assets 2019: $384,7542019Assets 2020: $953,967Liabilities 2020: $290,234Net Assets 2020: $663,7332020Assets 2021: $1,994,321Liabilities 2021: $504,817Net Assets 2021: $1,489,5042021Assets 2022: $1,499,828Liabilities 2022: $460,344Net Assets 2022: $1,039,4842022Assets 2023: $2,474,416Liabilities 2023: $1,570,413Net Assets 2023: $904,0032023Assets 2024: $4,921,064Liabilities 2024: $3,259,636Net Assets 2024: $1,661,4282024

Highlighted filing

2020

Assets$953,967
Liabilities$290,234
Net Assets$663,733
Open 2020 Filing

Operations Trend

Revenue Growth70th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $245,133Expenses 2013: $192,083Net Income 2013: $53,0502013Revenue 2014: $401,255Expenses 2014: $241,351Net Income 2014: $159,9042014Revenue 2015: $220,021Expenses 2015: $260,857Net Income 2015: -$40,8362015Revenue 2016: $342,774Expenses 2016: $303,847Net Income 2016: $38,9272016Revenue 2017: $419,602Expenses 2017: $391,352Net Income 2017: $28,2502017Revenue 2018: $218,376Expenses 2018: $329,297Net Income 2018: -$110,9212018Revenue 2019: $602,649Expenses 2019: $311,197Net Income 2019: $291,4522019Revenue 2020: $690,621Expenses 2020: $428,435Net Income 2020: $262,1862020Revenue 2021: $1,285,219Expenses 2021: $468,459Net Income 2021: $816,7602021Revenue 2022: $362,785Expenses 2022: $816,836Net Income 2022: -$454,0512022Revenue 2023: $781,589Expenses 2023: $917,070Net Income 2023: -$135,4812023Revenue 2024: $2,293,622Expenses 2024: $1,536,247Net Income 2024: $757,3752024

Highlighted filing

2020

Revenue$690,621
Expenses$428,435
Net Income$262,186
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$690,621
Mission and Program Overview

Mission

Mni sota fund's mission is to provide training and access to capital to promote homeownership, entrepreneurship, and financial capabilities among american indian families, in addition to individuals throughout the state of minnesota through the provision of development services and financial products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$143,883$541,599▲ $397,716
Other Notes and Loans Receivable, Net$79,764$329,010▲ $249,246
Pledges and Grants Receivable$181,430$78,432▼ $102,998
Land, Buildings, and Equipment, Net$802$2,874▲ $2,072
Prepaid Expenses and Deferred Charges$1,339$2,052▲ $713
Total Assets$407,218$953,967▲ $546,749
Liabilities
Unsecured Notes Loans Payable-$198,590-
Accounts Payable and Accrued Expenses$22,464$56,644▲ $34,180
Other Liabilities$0$35,000▲ $35,000
Total Liabilities$22,464$290,234▲ $267,770
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$87,538$524,616▲ $437,078
Net Assets With Donor Restrictions$297,216$139,117▼ $158,099
Total Net Assets Fund Balance$384,754$663,733▲ $278,979
Total Liabilities and Net Assets / Fund Balance$407,218$953,967▲ $546,749

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,874$12,392$15,266
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kit FordhamExecutive DirectorFT$90,154$90,154

Board Members and Trustees

NameTitle
Cole St ArnoldPresident
Michael GozeDirector
Nicole PieratosDirector
Frank DownwindSecretary
Morgan ThompsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$627,573
Program Service Revenue
$52,635
Investment Income
$10,413
Other Revenue
$0
All Other Contributions
$627,573
Change in Net Assets
$262,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$341,671
Other Expenses$84,764
Total Fundraising Expense$26,379
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,522$20,500$20,500$195,522
Current Officers, Directors, Trustees, and Key Employees$90,154--$90,154
Other Employee Benefits$24,088$3,201$3,201$30,490
Payroll Taxes$20,149$2,678$2,678$25,505
Fees for Services Accounting-$23,379-$23,379
Occupancy$21,093--$21,093
Fees for Services Other$6,700$642-$7,342
Office Expenses$5,691--$5,691
Other Expenses$3,802--$3,802
Grants to Domestic Orgs$2,000--$2,000
Interest-$1,790-$1,790
Depreciation Depletion$583--$583
Insurance-$480-$480
Travel$176--$176
Total Functional Expenses$349,386$52,670$26,379$428,435
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$35,000
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, Part VI, Section B, Line 11B

“The return is provided to the board for review prior to filing”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Mni Sota Fund
EIN
45-3579582
Phone
6124020685
Address
1113 E FRANKLIN AVENUE 200, MINNEAPOLIS, MN 55404-2157

Signing Officer

Name
Kit Fordham
Title
Executive Director
Phone
6124020685
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kit Fordham
Formed
2013
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
0
Employees
5
Volunteers
0

Preparer

Firm
Serakos Ltd
Address
951 HILLWIND ROAD NE, MINNEAPOLIS, MN 55432
Preparer
Lucas Grant CPA
Phone
7632336707
Supplemental Narrative

Additional Explanations

Form 990-organizations Mission

“Mni sota fund's mission is to provide training and access to capital to promote homeownership, entrepreneurship, and financial capabilities among american indian families, in addition to individuals throughout the state of minnesota through the provision of development services and financial products.”

FORM 990, PART XI, LINE 9:

“Prior period adjustment 16,793.”

Raw XML Appendix396 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022464
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056644
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MNI SOTA FUND'S MISSION IS TO PROVIDE TRAINING AND ACCESS TO CAPITAL TO PROMOTE HOMEOWNERSHIP, ENTREPRENEURSHIP, AND FINANCIAL CAPABILITIES AMONG AMERICAN INDIAN FAMILIES, IN ADDITION TO INDIVIDUALS THROUGHOUT THE STATE OF MINNESOTA THROUGH THE PROVISION OF DEVELOPMENT SERVICES AND FINANCIAL PRODUCTS.
IRS990/AllOtherContributionsAmt0627573
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIT FORDHAM
IRS990/BooksInCareOfDetail/PhoneNum06124020685
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01113 E FRANKLIN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055404
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0143883
IRS990/CashNonInterestBearingGrp/EOYAmt0541599
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt090154
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt090154
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0627573
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt010413
IRS990/CYOtherExpensesAmt084764
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt052635
IRS990/CYRevenuesLessExpensesAmt0262186
IRS990/CYSalariesCompEmpBnftPaidAmt0341671
IRS990/CYTotalExpensesAmt0428435
IRS990/CYTotalFundraisingExpenseAmt026379
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0690621
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0583
IRS990/DepreciationDepletionGrp/TotalAmt0583
IRS990/Desc0PROVIDED FINANCIAL EDUCATION AND COUNSELING IN THE AMERICAN INDIAN COMMUNITY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0297216
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0139117
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt064177
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023379
IRS990/FeesForServicesAccountingGrp/TotalAmt023379
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0642
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06700
IRS990/FeesForServicesOtherGrp/TotalAmt07342
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0COLE ST ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm1MORGAN THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK DOWNWIND
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL GOZE
IRS990/Form990PartVIISectionAGrp/PersonNm4NICOLE PIERATOS
IRS990/Form990PartVIISectionAGrp/PersonNm5KIT FORDHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt590154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt02000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0690621
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0480
IRS990/InsuranceGrp/TotalAmt0480
IRS990/InterestGrp/ManagementAndGeneralAmt01790
IRS990/InterestGrp/TotalAmt01790
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt010413
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010413
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012392
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0802
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02874
IRS990/LandBldgEquipCostOrOtherBssAmt015266
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt0384754
IRS990/NetAssetsOrFundBalancesEOYAmt0663733
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt087538
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0524616
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt021093
IRS990/OccupancyGrp/TotalAmt021093
IRS990/OfficeExpensesGrp/ProgramServicesAmt05691
IRS990/OfficeExpensesGrp/TotalAmt05691
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt016793
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03201
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03201
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024088
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030490
IRS990/OtherExpensesGrp/Desc0DIRECT PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2SOFTWARE
IRS990/OtherExpensesGrp/ProgramServicesAmt016165
IRS990/OtherExpensesGrp/ProgramServicesAmt14263
IRS990/OtherExpensesGrp/ProgramServicesAmt23802
IRS990/OtherExpensesGrp/TotalAmt016165
IRS990/OtherExpensesGrp/TotalAmt14263
IRS990/OtherExpensesGrp/TotalAmt23802
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt035000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0154522
IRS990/OtherSalariesAndWagesGrp/TotalAmt0195522
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt079764
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0329010
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02678
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02678
IRS990/PayrollTaxesGrp/ProgramServicesAmt020149
IRS990/PayrollTaxesGrp/TotalAmt025505
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0181430
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt078432
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01339
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02052
IRS990/PrincipalOfficerNm0KIT FORDHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052635
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED FIRST TIME HOMEBUYER COURSEWORK AND ONE ON ONE COUNSELING IN THE AMERICAN INDIAN COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0106962
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0146135
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED TECHNICAL ASSISTANCE AND COURSES ON LAUNCHING AND OPERATING A BUSINESS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0178247
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0345405
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0585448
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02005
IRS990/PYInvestmentIncomeAmt02816
IRS990/PYOtherExpensesAmt094861
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014385
IRS990/PYRevenuesLessExpensesAmt0291452
IRS990/PYSalariesCompEmpBnftPaidAmt0214331
IRS990/PYTotalExpensesAmt0311197
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0602649
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0262186
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0605208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0621448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0212263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0350240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0331823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02120982
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02816
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0207
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014385
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt024878
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt068314
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt065294
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0207871
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90430
IRS990ScheduleA/PublicSupportPY170Pct00.90330
IRS990ScheduleA/PublicSupportTotal170Amt02120982
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0605208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0621448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0212263
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0350240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0331823
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02120982
IRS990ScheduleA/TotalSupportAmt02345353
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02874
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012392
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02874
IRS990ScheduleD/TotalLiabilityAmt035000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0INDIVIDUAL DEVELOPMENT ACCOUNT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MNI SOTA FUND'S MISSION IS TO PROVIDE TRAINING AND ACCESS TO CAPITAL TO PROMOTE HOMEOWNERSHIP, ENTREPRENEURSHIP, AND FINANCIAL CAPABILITIES AMONG AMERICAN INDIAN FAMILIES, IN ADDITION TO INDIVIDUALS THROUGHOUT THE STATE OF MINNESOTA THROUGH THE PROVISION OF DEVELOPMENT SERVICES AND FINANCIAL PRODUCTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 16,793.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-ORGANIZATIONS MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0407218
IRS990/TotalAssetsEOYAmt0953967
IRS990/TotalAssetsGrp/BOYAmt0407218
IRS990/TotalAssetsGrp/EOYAmt0953967
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0627573
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026379
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052670
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349386
IRS990/TotalFunctionalExpensesGrp/TotalAmt0428435
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022464
IRS990/TotalLiabilitiesEOYAmt0290234
IRS990/TotalLiabilitiesGrp/BOYAmt022464
IRS990/TotalLiabilitiesGrp/EOYAmt0290234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0384754
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0663733
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0349386
IRS990/TotalProgramServiceRevenueAmt052635
IRS990/TotalReportableCompFromOrgAmt090154
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt063048
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0690621
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0407218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0953967
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0176
IRS990/TravelGrp/TotalAmt0176
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0198590
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01113 E FRANKLIN AVE
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055404
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0MNISOTAFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIT FORDHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06124020685
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MNI SOTA FUND
ReturnHeader/Filer/BusinessNameControlTxt0MNIS
ReturnHeader/Filer/EIN0453579582
ReturnHeader/Filer/PhoneNum06124020685
ReturnHeader/Filer/USAddress/AddressLine1Txt01113 E FRANKLIN AVENUE 200
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0554042157
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272490462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SERAKOS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0951 HILLWIND ROAD NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055432
ReturnHeader/PreparerPersonGrp/PhoneNum07632336707
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LUCAS GRANT CPA
ReturnHeader/ReturnTs02021-11-12T13:38:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FORDHAM
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$953,967
Liabilities
$290,234
Net assets
$663,733
Revenue
$690,621
Expenses
$428,435
Net income
$262,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.92$3.26$1.66$2.29$1.54$0.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$1.57$0.90$0.78$0.92$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.46$1.04$0.36$0.82$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.50$1.49$1.29$0.47$0.82
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.29$0.66$0.69$0.43$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.02$0.38$0.60$0.31$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.09$0.22$0.33$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.24$0.42$0.39$0.03
2016Summary only. Only limited summary data is available for this year.$0.22$0.00$0.21$0.34$0.30$0.04
2015Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.22$0.26$0.04
2014Summary only. Only limited summary data is available for this year.$0.22$0.00$0.21$0.40$0.24$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.25$0.19$0.05