Civic Intelligence

Frels Family Foundation

990PF • Fiscal year 2019 • EIN 45-5629574

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 23, 2020

8 Black Lake RoadNorth Oaks, MN 55127

(651) 224-8478

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • $5M-$10M nonprofits • Source year 2019

Net Margin

7th percentile

-87%

Higher net margin than 7% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

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

2019 filings • $5M-$10M nonprofits • Source year 2019

Asset Growth

28th percentile

-1.9%

Faster asset growth than 28% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

7.4%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$5,114,548

Down $101,272 (-1.9%) from 2018

Net Assets

$5,114,548

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$151,412

Up $10,399 (+7.4%) from 2018

Expenses

Down

$282,500

Down $4,885 (-1.7%) from 2018

Net Income

Up

-$131,088

Up $15,284 (+10%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,125,312Liabilities 2013: $02013Assets 2014: $3,696,033Liabilities 2014: $02014Assets 2015: $5,297,170Liabilities 2015: $02015Assets 2017: $5,288,307Liabilities 2017: $0Net Assets 2017: $5,288,3072017Assets 2018: $5,215,820Liabilities 2018: $02018Assets 2019: $5,114,548Liabilities 2019: $0Net Assets 2019: $5,114,5482019Assets 2020: $5,767,376Liabilities 2020: $0Net Assets 2020: $5,767,3762020Assets 2021: $4,930,278Liabilities 2021: $0Net Assets 2021: $4,930,2782021Assets 2022: $4,582,826Liabilities 2022: $15,000Net Assets 2022: $4,567,8262022Assets 2023: $4,081,572Liabilities 2023: $25,000Net Assets 2023: $4,056,5722023Assets 2024: $3,885,136Liabilities 2024: $0Net Assets 2024: $3,885,1362024

Highlighted filing

2019

Assets$5,114,548
Liabilities$0
Net Assets$5,114,548

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $1,253,627Expenses 2013: $80,910Net Income 2013: $1,172,7172013Revenue 2014: $1,855,523Expenses 2014: $141,366Net Income 2014: $1,714,1572014Revenue 2015: $1,813,800Expenses 2015: $212,663Net Income 2015: $1,601,1372015Revenue 2017: $254,485Expenses 2017: $276,018Net Income 2017: -$21,5332017Revenue 2018: $141,013Expenses 2018: $287,385Net Income 2018: -$146,3722018Revenue 2019: $151,412Expenses 2019: $282,500Net Income 2019: -$131,0882019Revenue 2020: $116,524Expenses 2020: $251,513Net Income 2020: -$134,9892020Revenue 2021: $88,076Expenses 2021: $226,679Net Income 2021: -$138,6032021Revenue 2022: $160,187Expenses 2022: $434,438Net Income 2022: -$274,2512022Revenue 2023: $182,063Expenses 2023: $692,047Net Income 2023: -$509,9842023Revenue 2024: $241,635Expenses 2024: $411,713Net Income 2024: -$170,0782024

Highlighted filing

2019

Revenue$151,412
Expenses$282,500
Net Income-$131,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 23, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William B FrelsPresident-$0--
Bonita M FrelsVice-Pres-$0--
Randle W FrelsSecretary-$0--
Blake J FrelsTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Frels Family Foundation
EIN
45-5629574
Phone
6512248478
Address
8 Black Lake Road, NORTH OAKS, MN 55127

Signing Officer

Name
William B Frels
Title
Trustee
Signed
2020-11-23

Preparer

Firm
Larsen Larsen PA
Address
14450 So Robert Trl Ste 103, ROSEMOUNT, MN 55068
Preparer
Michael J Larsen C
Phone
6514231717
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0William B Frels
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Bonita M Frels
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2Randle W Frels
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3Blake J Frels
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17Operating Suppo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt18Operating Suppo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt19Operating Suppo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt20Operating Suppo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt21Operating Suppo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0CSCOE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1Lifetrack Resources
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2Neighborhood House
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3Minnesota Opera
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4Net Ministries
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5St Johns School of Theo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6St Odilia Catholic Scho
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7People Inc
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8MN Indepenent School Fo
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9Alums & Friends & Famil
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt10St Peters Catholic Scho
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt11Robbinsdale Womens Cent
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt12The Catholic TV Network
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt13St Johns Prep School
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14Europena Christmas Mkt
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt15University of WI Fd
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt16KTIS Radio Station
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17Signs and Wonders for
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt18EWTN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt19Options for Women
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt20Minnesota Orchestra
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt21Ramsey Cty Historical
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3Charit
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt5Charit
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt6Charit
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt7Charit

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