Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Assets
Down$42,784
Down $36,221 (-46%) from 2015
Net Assets
Down$41,950
Down $36,448 (-46%) from 2015
Liabilities
Up$834
Up $227 (+37%) from 2015
Revenue
Down$92,075
Down $56,808 (-38%) from 2015
Expenses
Up$128,523
Up $26,004 (+25%) from 2015
Net Income
Down-$36,448
Down $82,812 (-179%) from 2015
Red wing ignite is an organization that provides co-working space, business accelarator and a test bed environment for entrepreneurs, developers and small business. Our goal is to help provide the needed resources to help businesses grow and flourish in our community.
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | $116,174 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVE JONAS | Director | - | $0 | - | - |
| PAUL KRAMP | Treasurer | - | $0 | - | - |
| TOM WOLNER | Director | - | $0 | - | - |
| STEVE BETCHER | Director | - | $0 | - | - |
| MARK CORONNA | Chair | - | $0 | - | - |
| GARY EVANS | Vice Chair | - | $0 | - | - |
| JACOB GOOD | Director | - | $0 | - | - |
| BILL SWEASY | Director | - | $0 | - | - |
| ART KENYON | Secretary | - | $0 | - | - |
“Form 990-ez, part iii, primary exempt purpose - we advance innovation, technology and entrepreneurs by brining together like-minded individuals to create a thriving community. We provide resources, networks and needed expertise for students, startups and businesses to succeed.form 990-ez, part iii, line 28 program service accomplishments:we advance innovation, technology and entrepreneurs by brining together like-minded individuals to create a thriving community. We provide resources, networks and needed expertise for students, startups and businesses to succeed. Our efforts are focused in three primary areas: supporting business acceleration, growing our economy and developling the workforce of tomorrow. We supported 21 new and innovative businesses by connecting them to resources and expertise, hosted 17 events for businesses to learn and network, connected businesses to mentors, technical advisors and customers in over 500 mentoring hours and held the 1st annual ignite cup showcasing entrepreneurs in southern minnesota.we strengthended our community by coordinating a technology network to increase resources and information for businesses, convened with government, schools, businesses and community tosupport students, entreprenuers and businesses, implemented 18 initiatives focused on marketing, innocation and preparing students for the workforce, and attracted and recruited 30+ potential businesses. We engaged students and professionals to increase learning opportunities, advanced 3 college tech interns that saved 4 businesses over $100,000. Engaged 50+ students and volunteers in coderdojo to learn many programming languages, taught 18+ high school students to be a tech entrepreneur, implemented coding curriculum for over 400 middle school students, sponsored a steam advisor and convened a steam network.”
“Description amountdepreciation from 4562 3,059program meetings and events 7,762marketing expenses 11,854supplies 2,370internet/phone 4,678miscellaneous 597repairs and maintenance 1,352website expenses 1,898payroll tax 3,060business expenses 696insurance 4,816travel 4,586”
“Category beginning of year end of yearfurniture and equipment 9,514 10,819”
“Category beginning of year end of yearpayroll liabilities 607 834”
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/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | BILL SWEASY |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - WE ADVANCE INNOVATION, TECHNOLOGY AND ENTREPRENEURS BY BRINING TOGETHER LIKE-MINDED INDIVIDUALS TO CREATE A THRIVING COMMUNITY. WE PROVIDE RESOURCES, NETWORKS AND NEEDED EXPERTISE FOR STUDENTS, STARTUPS AND BUSINESSES TO SUCCEED.FORM 990-EZ, PART III, LINE 28 PROGRAM SERVICE ACCOMPLISHMENTS:WE ADVANCE INNOVATION, TECHNOLOGY AND ENTREPRENEURS BY BRINING TOGETHER LIKE-MINDED INDIVIDUALS TO CREATE A THRIVING COMMUNITY. WE PROVIDE RESOURCES, NETWORKS AND NEEDED EXPERTISE FOR STUDENTS, STARTUPS AND BUSINESSES TO SUCCEED. OUR EFFORTS ARE FOCUSED IN THREE PRIMARY AREAS: SUPPORTING BUSINESS ACCELERATION, GROWING OUR ECONOMY AND DEVELOPLING THE WORKFORCE OF TOMORROW. WE SUPPORTED 21 NEW AND INNOVATIVE BUSINESSES BY CONNECTING THEM TO RESOURCES AND EXPERTISE, HOSTED 17 EVENTS FOR BUSINESSES TO LEARN AND NETWORK, CONNECTED BUSINESSES TO MENTORS, TECHNICAL ADVISORS AND CUSTOMERS IN OVER 500 MENTORING HOURS AND HELD THE 1ST ANNUAL IGNITE CUP SHOWCASING ENTREPRENEURS IN SOUTHERN MINNESOTA.WE STRENGTHENDED OUR COMMUNITY BY COORDINATING A TECHNOLOGY NETWORK TO INCREASE RESOURCES AND INFORMATION FOR BUSINESSES, CONVENED WITH GOVERNMENT, SCHOOLS, BUSINESSES AND COMMUNITY TOSUPPORT STUDENTS, ENTREPRENUERS AND BUSINESSES, IMPLEMENTED 18 INITIATIVES FOCUSED ON MARKETING, INNOCATION AND PREPARING STUDENTS FOR THE WORKFORCE, AND ATTRACTED AND RECRUITED 30+ POTENTIAL BUSINESSES. WE ENGAGED STUDENTS AND PROFESSIONALS TO INCREASE LEARNING OPPORTUNITIES, ADVANCED 3 COLLEGE TECH INTERNS THAT SAVED 4 BUSINESSES OVER $100,000. ENGAGED 50+ STUDENTS AND VOLUNTEERS IN CODERDOJO TO LEARN MANY PROGRAMMING LANGUAGES, TAUGHT 18+ HIGH SCHOOL STUDENTS TO BE A TECH ENTREPRENEUR, IMPLEMENTED CODING CURRICULUM FOR OVER 400 MIDDLE SCHOOL STUDENTS, SPONSORED A STEAM ADVISOR AND CONVENED A STEAM NETWORK. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 3,059PROGRAM MEETINGS AND EVENTS 7,762MARKETING EXPENSES 11,854SUPPLIES 2,370INTERNET/PHONE 4,678MISCELLANEOUS 597REPAIRS AND MAINTENANCE 1,352WEBSITE EXPENSES 1,898PAYROLL TAX 3,060BUSINESS EXPENSES 696INSURANCE 4,816TRAVEL 4,586 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARFURNITURE AND EQUIPMENT 9,514 10,819 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL LIABILITIES 607 834 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL KRAMP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-09-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RED WING IGNITE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REDW |
| ReturnHeader/Filer/EIN | 0 | 461469707 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | RED WING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
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| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2017-09-15 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 97.88.227.114 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-09-15 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 12:19:56 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 475254388 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Wentz Accounting & Tax Service LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 610 Main Street Suite B |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Red Wing |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55066 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6518002000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-09-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jeni Wentz |
| ReturnHeader/ReturnTs | 0 | 2017-09-14T17:46:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.