Civic Intelligence

Salts Inc

990EZ • Fiscal year 2018 • EIN 46-1297742

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

15507 Wermager Beach RoadLake Park, MN 56554

(218) 841-4692

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-68%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$12,401

Down $7,484 (-38%) from 2017

Net Assets

Down

$12,401

Down $7,484 (-38%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$22,731

Down $48,615 (-68%) from 2017

Expenses

Down

$30,215

Down $40,043 (-57%) from 2017

Net Income

Down

-$7,484

Down $8,572 (-788%) from 2017

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2012: $3,120Liabilities 2012: $3,1202012Assets 2013: $3,120Liabilities 2013: $3,1202013Assets 2014: $19,233Liabilities 2014: $0Net Assets 2014: $19,2332014Assets 2015: $21,754Liabilities 2015: $0Net Assets 2015: $21,7542015Assets 2016: $18,797Liabilities 2016: $0Net Assets 2016: $18,7972016Assets 2017: $19,885Liabilities 2017: $0Net Assets 2017: $19,8852017Assets 2018: $12,401Net Assets 2018: $12,4012018Assets 2019: $1,274Net Assets 2019: $1,2742019

Highlighted filing

2018

Assets$12,401
Liabilities-
Net Assets$12,401

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $66,519Expenses 2012: $69,639Net Income 2012: -$3,1202012Revenue 2013: $66,519Expenses 2013: $69,639Net Income 2013: -$3,1202013Revenue 2014: $109,592Expenses 2014: $87,239Net Income 2014: $22,3532014Revenue 2015: $104,076Expenses 2015: $101,555Net Income 2015: $2,5212015Revenue 2016: $112,046Expenses 2016: $115,003Net Income 2016: -$2,9572016Revenue 2017: $71,346Expenses 2017: $70,258Net Income 2017: $1,0882017Revenue 2018: $22,731Expenses 2018: $30,215Net Income 2018: -$7,4842018Revenue 2019: $9,482Expenses 2019: $20,787Net Income 2019: -$11,3052019

Highlighted filing

2018

Revenue$22,731
Expenses$30,215
Net Income-$7,484
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$22,731
Mission and Program Overview

Mission

To lead foreign mission trips and provide charitable support to qualified organizations and individuals in need.

Program Services

DescriptionGrantsExpenses
MISSION TRIPS WITH CHARITABLE SUPPORT: OUTREACH MISSION TRIP ABROAD THAT INVOLVES CHARITABLE SUPPORT TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS IN NEED. IN DOING SO, SALTS PROMOTES THE GOSPEL OF JESUS CHRIST AS WRITTEN IN THE HOLY BIBLE WHILE PROVIDING RELIEF FOR THE POOR, DISTRESSED, AND DISADVANTAGED.$11,910$30,215
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT A BRUNSVOLDPresidentPT$0--
VICTORIA L BRUNSVOLDSecretary-$0--
JEAN UNGERTreasurer-$0--
MATTHEW BRUNSVOLDDirector-$0--
JEFFREY HOLTEDirector-$0--
CAROL ERICKSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Salts Inc
EIN
46-1297742
Phone
2188414692
Address
15507 WERMAGER BEACH ROAD, LAKE PARK, MN 56554

Signing Officer

Name
Robert a Brunsvold
Title
President
Phone
2188414692
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Haga Kommer Ltd
Address
5195 45TH STREET SOUTH, FARGO, ND 58104
Preparer
William F Fercho Mbacpa
Phone
7012773111
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Funraising income 2,465 total 2,465

Form 990-ez, Part I, Line 10

Name: various under 5,000 cash contribution: 11,910

Form 990-ez, Part I, Line 16

Expenses mission trip expenses 15,172 office supplies 446 fundraising expense 585 total 16,203

Form 990-ez, Part III

To lead foreign mission trips and provide charitable support to qualified organizations and individuals in need.

Form 990-ez, Part III, Line 28

Mission trips with charitable support: outreach mission trip abroad that involves charitable support to qualified organizations and individuals in need. In doing so, salts promotes the gospel of jesus christ as written in the holy bible while providing relief for the poor, distressed, and disadvantaged.

Raw XML Appendix150 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/BooksInCareOfDetail/PhoneNum02188414692
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKE PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFFREY HOLTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROL ERICKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherRevenueTotalAmt02465
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO LEAD FOREIGN MISSION TRIPS AND PROVIDE CHARITABLE SUPPORT TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS IN NEED.
IRS990EZ/PrintingPublicationsPostageAmt01672
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068745
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94140
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IRS990ScheduleA/SubstantialContributorsTotAmt024012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0409723
IRS990ScheduleA/TotalSupportAmt0409723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNRAISING INCOME 2,465 TOTAL 2,465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: VARIOUS UNDER 5,000 CASH CONTRIBUTION: 11,910
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES MISSION TRIP EXPENSES 15,172 OFFICE SUPPLIES 446 FUNDRAISING EXPENSE 585 TOTAL 16,203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO LEAD FOREIGN MISSION TRIPS AND PROVIDE CHARITABLE SUPPORT TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS IN NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISSION TRIPS WITH CHARITABLE SUPPORT: OUTREACH MISSION TRIP ABROAD THAT INVOLVES CHARITABLE SUPPORT TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS IN NEED. IN DOING SO, SALTS PROMOTES THE GOSPEL OF JESUS CHRIST AS WRITTEN IN THE HOLY BIBLE WHILE PROVIDING RELIEF FOR THE POOR, DISTRESSED, AND DISADVANTAGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT A BRUNSVOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02188414692
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALTS INC
ReturnHeader/Filer/BusinessNameControlTxt0SALT
ReturnHeader/Filer/EIN0461297742
ReturnHeader/Filer/PhoneNum02188414692
ReturnHeader/Filer/USAddress/AddressLine1Txt015507 WERMAGER BEACH ROAD
ReturnHeader/Filer/USAddress/CityNm0LAKE PARK
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.23.130.194
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:33:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204028013
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAGA KOMMER LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05195 45TH STREET SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058104
ReturnHeader/PreparerPersonGrp/PhoneNum07012773111
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM F FERCHO MBACPA
ReturnHeader/ReturnTs02018-11-15T14:33:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings