Civic Intelligence

Bii Gii Wiin Community Development

990 • Fiscal year 2021 • EIN 45-3579582

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

Organization ProfileMNISOTAFUND.ORG

View Organization Page

1330 Lagoon Ave 4th FLMinneapolis, MN 55408

(612) 225-0480

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.25x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.39x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

91st percentile

64%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$110,396

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

94th percentile

109%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

86%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$1,994,321

Up $1,040,354 (+109%) from 2020

Net Assets

Up

$1,489,504

Up $825,771 (+124%) from 2020

Liabilities

Up

$504,817

Up $214,583 (+74%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin91st percentile

Revenue

Up

$1,285,219

Up $594,598 (+86%) from 2020

Expenses

Up

$468,459

Up $40,024 (+9.3%) from 2020

Net Income

Up

$816,760

Up $554,574 (+212%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth94th 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

2021

Assets$1,994,321
Liabilities$504,817
Net Assets$1,489,504
Open 2021 Filing

Operations Trend

Revenue Growth85th 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

2021

Revenue$1,285,219
Expenses$468,459
Net Income$816,760
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$1,286,583
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$541,599$981,313▲ $439,714
Pledges and Grants Receivable$78,432$785,000▲ $706,568
Other Notes and Loans Receivable, Net$329,010$154,519▼ $174,491
Intangible Assets-$34,443-
Prepaid Expenses and Deferred Charges$2,052$26,792▲ $24,740
Land, Buildings, and Equipment, Net$2,874$8,822▲ $5,948
Accounts Receivable-$3,432-
Total Assets$953,967$1,994,321▲ $1,040,354
Liabilities
Unsecured Notes Loans Payable$198,590$413,767▲ $215,177
Accounts Payable and Accrued Expenses$56,644$91,050▲ $34,406
Other Liabilities$35,000$0▼ $35,000
Total Liabilities$290,234$504,817▲ $214,583
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$524,616$1,139,504▲ $614,888
Net Assets With Donor Restrictions$139,117$350,000▲ $210,883
Total Net Assets Fund Balance$663,733$1,489,504▲ $825,771
Total Liabilities and Net Assets / Fund Balance$953,967$1,994,321▲ $1,040,354

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,822$1,534$10,356
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kit FordhamExecutive DirectorFT$110,396$110,396

Board Members and Trustees

NameTitle
Cole St ArnoldPresident
John WilliamsDirector
Michael GozeDirector
Nicole PieratosDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,271,022
Program Service Revenue
$2,125
Investment Income
$12,072
Other Revenue
$0
All Other Contributions
$1,201,022
Change in Net Assets
$816,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$357,267
Other Expenses$111,192
Total Fundraising Expense$41,249
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,905$27,500$27,500$176,905
Current Officers, Directors, Trustees, and Key Employees$110,396--$110,396
Other Employee Benefits$30,937$8,425$8,425$47,787
Fees for Services Accounting-$32,219-$32,219
Payroll Taxes$17,971$2,104$2,104$22,179
Occupancy$13,917$1,648$1,648$17,213
Office Expenses$11,291$2,032-$13,323
Advertising$10,472--$10,472
Other Expenses$3,762$445$445$4,652
Interest-$4,272-$4,272
All Other Expenses$2,183$258$258$2,699
Depreciation Depletion$1,164$138$138$1,440
Insurance-$1,185-$1,185
Fees for Services Other$669$79$79$827
Total Functional Expenses$346,253$80,957$41,249$468,459
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
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
6122250480
Address
1330 LAGOON AVE 4TH FL, MINNEAPOLIS, MN 55408

Signing Officer

Name
Kit Fordham
Title
Executive Director
Phone
6122250480
Signed
2022-11-10
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
4
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 9,011.”

Raw XML AppendixShowing 400 of 407 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/BOYAmt056644
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt091050
IRS990/AccountsReceivableGrp/EOYAmt03432
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/AdvertisingGrp/ProgramServicesAmt010472
IRS990/AdvertisingGrp/TotalAmt010472
IRS990/AllOtherContributionsAmt01201022
IRS990/AllOtherExpensesGrp/FundraisingAmt0258
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0258
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02183
IRS990/AllOtherExpensesGrp/TotalAmt02699
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIT FORDHAM
IRS990/BooksInCareOfDetail/PhoneNum06122250480
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01330 LAGOON AVE 4TH FL
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055408
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0541599
IRS990/CashNonInterestBearingGrp/EOYAmt0981313
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0110396
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0110396
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01271022
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012072
IRS990/CYOtherExpensesAmt0111192
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02125
IRS990/CYRevenuesLessExpensesAmt0816760
IRS990/CYSalariesCompEmpBnftPaidAmt0357267
IRS990/CYTotalExpensesAmt0468459
IRS990/CYTotalFundraisingExpenseAmt041249
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01285219
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0138
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0138
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01164
IRS990/DepreciationDepletionGrp/TotalAmt01440
IRS990/Desc0PROVIDED FINANCIAL EDUCATION AND COUNSELING IN THE AMERICAN INDIAN COMMUNITY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0139117
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0350000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0125700
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt032219
IRS990/FeesForServicesAccountingGrp/TotalAmt032219
IRS990/FeesForServicesOtherGrp/FundraisingAmt079
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt079
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0669
IRS990/FeesForServicesOtherGrp/TotalAmt0827
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/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0COLE ST ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL GOZE
IRS990/Form990PartVIISectionAGrp/PersonNm2NICOLE PIERATOS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4KIT FORDHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4110396
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1364
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt070000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01286583
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01185
IRS990/InsuranceGrp/TotalAmt01185
IRS990/IntangibleAssetsGrp/EOYAmt034443
IRS990/InterestGrp/ManagementAndGeneralAmt04272
IRS990/InterestGrp/TotalAmt04272
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt013436
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013436
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01534
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02874
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08822
IRS990/LandBldgEquipCostOrOtherBssAmt010356
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01364
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/NetAssetsOrFundBalancesBOYAmt0663733
IRS990/NetAssetsOrFundBalancesEOYAmt01489504
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1364
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1364
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0524616
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01139504
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01648
IRS990/OccupancyGrp/ManagementAndGeneralAmt01648
IRS990/OccupancyGrp/ProgramServicesAmt013917
IRS990/OccupancyGrp/TotalAmt017213
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02032
IRS990/OfficeExpensesGrp/ProgramServicesAmt011291
IRS990/OfficeExpensesGrp/TotalAmt013323
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt09011
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08425
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08425
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030937
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047787
IRS990/OtherExpensesGrp/Desc0TRAINING, CONFERENCES,
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2DIRECT PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt0652
IRS990/OtherExpensesGrp/FundraisingAmt1445
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0652
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1445
IRS990/OtherExpensesGrp/ProgramServicesAmt010783
IRS990/OtherExpensesGrp/ProgramServicesAmt15504
IRS990/OtherExpensesGrp/ProgramServicesAmt25299
IRS990/OtherExpensesGrp/ProgramServicesAmt33762
IRS990/OtherExpensesGrp/TotalAmt010783
IRS990/OtherExpensesGrp/TotalAmt16808
IRS990/OtherExpensesGrp/TotalAmt25299
IRS990/OtherExpensesGrp/TotalAmt34652
IRS990/OtherLiabilitiesGrp/BOYAmt035000
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt027500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0121905
IRS990/OtherSalariesAndWagesGrp/TotalAmt0176905
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0329010
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0154519
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02104
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02104
IRS990/PayrollTaxesGrp/ProgramServicesAmt017971
IRS990/PayrollTaxesGrp/TotalAmt022179
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt078432
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0785000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02052
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026792
IRS990/PrincipalOfficerNm0KIT FORDHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02125
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED FIRST TIME HOMEBUYER COURSEWORK AND ONE ON ONE COUNSELING IN THE AMERICAN INDIAN COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135010
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0220000
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED TECHNICAL ASSISTANCE AND COURSES ON LAUNCHING AND OPERATING A BUSINESS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt085543
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0448110
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0627573
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt010413
IRS990/PYOtherExpensesAmt084764
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt052635
IRS990/PYRevenuesLessExpensesAmt0262186
IRS990/PYSalariesCompEmpBnftPaidAmt0341671
IRS990/PYTotalExpensesAmt0428435
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0690621
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0816760
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0164500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01201022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0605208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0621448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0212263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0350240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02990181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02816
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01048
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029729
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt070761
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014385
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt024878
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt068314
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0213338
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92480
IRS990ScheduleA/PublicSupportPY170Pct00.90430
IRS990ScheduleA/PublicSupportTotal170Amt02990181
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01201022
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0605208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0621448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0212263
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0350240
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02990181
IRS990ScheduleA/TotalSupportAmt03233248
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/BookValueAmt08822
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01534
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010356
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08822
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 9,011.
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/TotalAssetsBOYAmt0953967
IRS990/TotalAssetsEOYAmt01994321
IRS990/TotalAssetsGrp/BOYAmt0953967
IRS990/TotalAssetsGrp/EOYAmt01994321
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01271022
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041249
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080957
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0346253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0468459
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0290234
IRS990/TotalLiabilitiesEOYAmt0504817
IRS990/TotalLiabilitiesGrp/BOYAmt0290234
IRS990/TotalLiabilitiesGrp/EOYAmt0504817
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0663733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01489504
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0346253
IRS990/TotalProgramServiceRevenueAmt02125
IRS990/TotalReportableCompFromOrgAmt0110396
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014197
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01285219
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0953967
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01994321
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0198590
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0413767
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01330 LAGOON AVE 4TH FL
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055408
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0MNISOTAFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIT FORDHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06122250480
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MNI SOTA FUND
ReturnHeader/Filer/BusinessNameControlTxt0MNIS
ReturnHeader/Filer/EIN0453579582
ReturnHeader/Filer/PhoneNum06122250480
ReturnHeader/Filer/USAddress/AddressLine1Txt01330 LAGOON AVE 4TH FL
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055408
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/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LUCAS GRANT CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,994,321
Liabilities
$504,817
Net assets
$1,489,504
Revenue
$1,285,219
Expenses
$468,459
Net income
$816,760
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
2021Detailed filing. Detailed filing data is available for this year.$1.99$0.50$1.49$1.29$0.47$0.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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