Civic Intelligence

Red Wing Ignite

990 • Fiscal year 2022 • EIN 46-1469707

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

419 Bush StreetRed Wing, MN 55066

(651) 327-2115

Siviq Scores

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

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

39th percentile

0.04x

Higher debt load relative to revenue than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

77th percentile

26%

Higher net margin than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$93,283

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

416%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

101%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$562,326

Up $453,356 (+416%) from 2021

Net Assets

Up

$513,812

Up $406,433 (+379%) from 2021

Liabilities

Up

$48,514

Up $46,923 (+2949%) from 2021

Revenue

Up

$1,143,443

Up $575,918 (+101%) from 2021

Expenses

Up

$840,738

Up $286,257 (+52%) from 2021

Net Income

Up

$302,705

Up $289,661 (+2221%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $41,998Liabilities 2013: $1,302Net Assets 2013: $40,6962013Assets 2014: $34,305Liabilities 2014: $2,271Net Assets 2014: $32,0342014Assets 2015: $79,005Liabilities 2015: $607Net Assets 2015: $78,3982015Assets 2016: $42,784Liabilities 2016: $834Net Assets 2016: $41,9502016Assets 2017: $25,192Liabilities 2017: $1,782Net Assets 2017: $23,4102017Assets 2018: $38,797Liabilities 2018: $1,132Net Assets 2018: $37,6652018Assets 2019: $105,884Liabilities 2019: $4,349Net Assets 2019: $101,5352019Assets 2020: $99,918Liabilities 2020: $5,583Net Assets 2020: $94,3352020Assets 2021: $108,970Liabilities 2021: $1,591Net Assets 2021: $107,3792021Assets 2022: $562,326Liabilities 2022: $48,514Net Assets 2022: $513,8122022Assets 2023: $698,557Liabilities 2023: $47,327Net Assets 2023: $651,2302023Assets 2024: $709,194Liabilities 2024: $48,026Net Assets 2024: $661,1682024

Highlighted filing

2022

Assets$562,326
Liabilities$48,514
Net Assets$513,812

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $165,911Expenses 2013: $125,215Net Income 2013: $40,6962013Revenue 2014: $94,125Expenses 2014: $102,787Net Income 2014: -$8,6622014Revenue 2015: $148,883Expenses 2015: $102,519Net Income 2015: $46,3642015Revenue 2016: $92,075Expenses 2016: $128,523Net Income 2016: -$36,4482016Revenue 2017: $90,050Expenses 2017: $108,590Net Income 2017: -$18,5402017Revenue 2018: $208,053Expenses 2018: $193,798Net Income 2018: $14,2552018Revenue 2019: $352,051Expenses 2019: $288,181Net Income 2019: $63,8702019Revenue 2020: $497,817Expenses 2020: $505,017Net Income 2020: -$7,2002020Revenue 2021: $567,525Expenses 2021: $554,481Net Income 2021: $13,0442021Revenue 2022: $1,143,443Expenses 2022: $840,738Net Income 2022: $302,7052022Revenue 2023: $1,129,892Expenses 2023: $993,854Net Income 2023: $136,0382023Revenue 2024: $1,292,753Expenses 2024: $1,282,815Net Income 2024: $9,9382024

Highlighted filing

2022

Revenue$1,143,443
Expenses$840,738
Net Income$302,705
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$1,143,443
Mission and Program Overview

Mission

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.

Red wing ignite supports economic development and technological advancement in the eleven counties of se minnesota. We provide resources, support, education and networking opportunities to students, startups and entrepreneurs. Our mission is to create a thriving ecosystem that encourages innovation, job creation and sustainable growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$407,230-
Cash and Non-Interest-Bearing Accounts$105,105$114,030▲ $8,925
Land, Buildings, and Equipment, Net$3,527$27,089▲ $23,562
Accounts Receivable-$8,977-
Prepaid Expenses and Deferred Charges$338$5,000▲ $4,662
Total Assets$108,970$562,326▲ $453,356
Liabilities
Accounts Payable and Accrued Expenses-$45,480-
Other Liabilities$1,591$3,034▲ $1,443
Total Liabilities$1,591$48,514▲ $46,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,379$513,812▲ $406,433
Total Net Assets Fund Balance$107,379$513,812▲ $406,433
Total Liabilities and Net Assets / Fund Balance$108,970$562,326▲ $453,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,089$26,677$53,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stacy NimmoExecutive DirectorFT$87,708$5,575$93,283

Board Members and Trustees

NameTitle
Paul KrampBoard Chair
Tom DrazkowskiVice Chair
Atiq BhattiDirector
Tawonda BurksDirector
Beth BenikeSecretary
Matthew LessardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,101,288
Program Service Revenue
$40,030
Investment Income
$0
Other Revenue
$2,125
All Other Contributions
$187,611
Change in Net Assets
$302,705

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,143,443
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$74,250
Total Revenue per Audited Statements
$1,217,693
Total Revenue per Form 990
$1,143,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$627,223
Salaries, Compensation, and Employee Benefits$213,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$469,192$17,306-$486,498
Current Officers, Directors, Trustees, and Key Employees$93,283--$93,283
Other Salaries and Wages$91,824$841-$92,665
Office Expenses$58,496$4,814-$63,310
Payroll Taxes$8,735$6,201-$14,936
Advertising-$12,926-$12,926
Travel$6,913$5,177-$12,090
Fees for Services Accounting-$10,813-$10,813
Other Employee Benefits$1,833$7,601-$9,434
Occupancy$5,779$3,033-$8,812
Conferences and Meetings$4,326$4,028-$8,354
Information Technology$8,053$203-$8,256
Insurance-$5,116-$5,116
Pension Plan Contributions$984$2,213-$3,197
Depreciation Depletion-$3,175-$3,175
Other Expenses$253$1,382-$1,635
Total Functional Expenses$752,759$87,979$0$840,738

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$914,990
Expenses per Audited Statements$840,738
Total Expenses per Form 990$840,738
Expenses Not Reported on Form 990$74,252
Expenses Not Reported on Financial Statements$0
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
Fiscal Agent Pass Through$3,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11B

Members review form 990 before submission

Form 990, Part VI, Section B, Line 12C

Each member reviews updates and signs conflict of interest policy on an annual basis. Potential conflicts of interest are brought up during board meetings when and if they occur.

Form 990, Part VI, Section B, Line 15A

Wages are compared to mn council of nonprofits wage study, o*net for our area along with comparable open job postings at other similar sized nonprofits in outstate and se minnesota. The process described here was last completed in 2022.

Form 990, Part VI, Section C, Line 19

All forms available to public upon request

Filing and Contact Details

Filer

Filer Name
Red Wing Ignite
EIN
46-1469707
Phone
6513272115
Address
419 BUSH STREET, RED WING, MN 55066

Signing Officer

Name
Matthew Lessard
Title
Treasurer
Phone
6513272115
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Lessard
Formed
2013
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
20

Preparer

Firm
Cliftonlarsonallen Llp
Address
2689 COMMERCE DRIVE NW SUITE 201, ROCHESTER, MN 55901
Preparer
Katherine Lutzke CPA
Phone
5072802300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services: program service expenses 469,192. Management and general expenses 17,306. Fundraising expenses 0. Total expenses 486,498.

Raw XML AppendixShowing 400 of 435 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/EOYAmt045480
IRS990/AccountsReceivableGrp/EOYAmt08977
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RED WING IGNITE SUPPORTS ECONOMIC DEVELOPMENT AND TECHNOLOGICAL ADVANCEMENT IN THE ELEVEN COUNTIES OF SE MINNESOTA. WE PROVIDE RESOURCES, SUPPORT, EDUCATION AND NETWORKING OPPORTUNITIES TO STUDENTS, STARTUPS AND ENTREPRENEURS. OUR MISSION IS TO CREATE A THRIVING ECOSYSTEM THAT ENCOURAGES INNOVATION, JOB CREATION AND SUSTAINABLE GROWTH.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt012926
IRS990/AdvertisingGrp/TotalAmt012926
IRS990/AllOtherContributionsAmt0187611
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ELLEN HUTCHINSON
IRS990/BooksInCareOfDetail/PhoneNum06513272115
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0419 BUSH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0RED WING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055066
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0105105
IRS990/CashNonInterestBearingGrp/EOYAmt0114030
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt093283
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt093283
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04028
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04326
IRS990/ConferencesMeetingsGrp/TotalAmt08354
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01101288
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0627223
IRS990/CYOtherRevenueAmt02125
IRS990/CYProgramServiceRevenueAmt040030
IRS990/CYRevenuesLessExpensesAmt0302705
IRS990/CYSalariesCompEmpBnftPaidAmt0213515
IRS990/CYTotalExpensesAmt0840738
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01143443
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03175
IRS990/DepreciationDepletionGrp/TotalAmt03175
IRS990/Desc0ADVANCING ENTREPRENEURS, STRENGTHENING OUR BUSINESS ENVIRONMENT, PARTNERING WITH REGIONAL, STATE AND NATIONAL NETWORKS. CONNECTING STUDENTS TO TECHNICAL TRAINING. NATIONAL RECOGNITION AND AWARDS: DESIGNATED AS A US IGNITE SMART CITY AND A CENTER OF RURAL INNOVATION (CORI) COMMUNITY, SELECTED FOR TWO CONGRESSIONALLY DIRECTED SPENDING GRANTS THROUGH THE US DEPARTMENT OF EDUCATION. COMPLETED THE US ECONOMIC DEVELOPMENT ADMINISTRATION I6CHALLENGE GRANT. ONE OF EIGHT RURAL COMMUNITIES IN THE UNITED STATES TO BE AWARDED THE HIGHLY COMPETITIVE US EDA BUILD TO SCALE GRANT, FOR THE MAXIMUM AWARD OF $4M IN OCTOBER OF 2022.STATE RECOGNITION AND AWARDS: MN DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (MN DEED) DESIGNATED AS THE REGIONAL HUB FOR SE MINNESOTA THROUGH THE LAUNCHMN PROGRAM. HELD TWO STATE GRANTS THROUGH MN DEED AND ONE STATE GRANT THROUGH MN DEPARTMENT OF LABOR AND INDUSTRY. 2022 PROGRAM IMPACT: 274 ENTREPRENEURS SERVED, 174 OF THEM NEW USERS OF OUR SERVICES | HOSTED 47 EDUCATIONAL WORKSHOPS AND NETWORKING EVENTS | DELIVERED 1,246 HOURS OF EDUCATIONAL PROGRAMMING TO 549 ATTENDEES | HOSTED REGIONAL PITCH COMPETITION WITH THE WINNER QUALIFYING FOR AUTOMATIC SEMIFINALIST STATUS AT THE MNCUPNEW PROGRAMMING IN 2022: PEER GROUPS IN RED WING AND CANNON FALLS, BUSINESS FOUNDATIONS SERIES, BUSINESS PLAN IN A DAY WORKSHOPS, UNDERSTANDING FINANCE WORKSHOP, ENTREPRENEURIAL MINDSET COHORT AND COACHING, E5 EVENTS: ENTREPRENEUR EVENINGS, EDUCATE, ENTERTAIN, ENGAGESTUDENT PROGRAMMING: YOUTH WOODWORKING - SERVED 24 STUDENTSYOUTH CODING LEAGUE - SERVED 5 SCHOOLS, 103 5-8TH GRADE STUDENTS AND 6 TEAMS TOOK HOME 7 PRIZE CATEGORIES IN THE NATIONAL COMPETITIONLEARN AND EARN PROGRAM - TECHNICAL TRAINING PROGRAM FOR 11TH AND 12TH GRADE STUDENTS WITH WORKSITE PLACEMENTS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0752759
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010813
IRS990/FeesForServicesAccountingGrp/TotalAmt010813
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt017306
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0469192
IRS990/FeesForServicesOtherGrp/TotalAmt0486498
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
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/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt65575
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL KRAMP
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM DRAZKOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW LESSARD
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH BENIKE
IRS990/Form990PartVIISectionAGrp/PersonNm4ATIQ BHATTI
IRS990/Form990PartVIISectionAGrp/PersonNm5TAWONDA BURKS
IRS990/Form990PartVIISectionAGrp/PersonNm6STACY NIMMO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt687708
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0913677
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01143443
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0203
IRS990/InformationTechnologyGrp/ProgramServicesAmt08053
IRS990/InformationTechnologyGrp/TotalAmt08256
IRS990/InsuranceGrp/ManagementAndGeneralAmt05116
IRS990/InsuranceGrp/TotalAmt05116
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt042
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026677
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03527
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027089
IRS990/LandBldgEquipCostOrOtherBssAmt053766
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE ADVANCE INNOVATION, TECHNOLOGY, AND ENTRERENEURS BY BRINGING TOGETHER LIKE-MINDED INDIVIDUALS TO CREATE A THRIVING COMMUNITY. WE PROVIDE RESOURCES, NETWORKS, AND NEEDED EXPERTISE FOR STUDENTS, STARTUPS, AND BUSINESSES TO SUCCEED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0107379
IRS990/NetAssetsOrFundBalancesEOYAmt0513812
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0107379
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0513812
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03033
IRS990/OccupancyGrp/ProgramServicesAmt05779
IRS990/OccupancyGrp/TotalAmt08812
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04814
IRS990/OfficeExpensesGrp/ProgramServicesAmt058496
IRS990/OfficeExpensesGrp/TotalAmt063310
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07601
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01833
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09434
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21382
IRS990/OtherExpensesGrp/ProgramServicesAmt01437
IRS990/OtherExpensesGrp/ProgramServicesAmt11651
IRS990/OtherExpensesGrp/ProgramServicesAmt2253
IRS990/OtherExpensesGrp/TotalAmt04562
IRS990/OtherExpensesGrp/TotalAmt11676
IRS990/OtherExpensesGrp/TotalAmt21635
IRS990/OtherLiabilitiesGrp/BOYAmt01591
IRS990/OtherLiabilitiesGrp/EOYAmt03034
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02125
IRS990/OtherRevenueTotalAmt02125
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0841
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091824
IRS990/OtherSalariesAndWagesGrp/TotalAmt092665
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06201
IRS990/PayrollTaxesGrp/ProgramServicesAmt08735
IRS990/PayrollTaxesGrp/TotalAmt014936
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02213
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0984
IRS990/PensionPlanContributionsGrp/TotalAmt03197
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0407230
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0338
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0MATTHEW LESSARD
IRS990/PriorPeriodAdjustmentsAmt0103728
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM OFFICE SPACE
IRS990/ProgramServiceRevenueGrp/Desc1SBDC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024253
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115777
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS TECHNICAL ASSISTANCE TO ENTREPRENEURSPROVIDED 105 ENTREPRENEURS WITH TECHNICAL BUSINESS ASSISTANCE WITH 450 HOURS OF 1:1 MENTORING AND SUPPORTAWARDED $67,400 IN TECHNICAL ASSISTANCE GRANT FUNDING
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0RWI CO-WORKING SPACEHOSTED A CO-WORKING SPACE TO WORK AND MEET. HOSTED 50+ EXTERNAL GROUPS THAT UTILIZED MEETING SPACE. WELCOMED 35+ COW-WORKING MEMBERS INCLUDING DROP-IN USERS. MANAGED ABOUT 8,000 SQ FEET OF OFFICES, CONFERENCE ROOMS AND AMENITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0534489
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0382203
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt033036
IRS990/PYRevenuesLessExpensesAmt013044
IRS990/PYSalariesCompEmpBnftPaidAmt0172278
IRS990/PYTotalExpensesAmt0554481
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0567525
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0302705
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt042155
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 17,641. 2019 AMOUNT: $ 24,403. 2020 AMOUNT: $ 22,251. 2022 AMOUNT: $ 2,125.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01101288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0534489
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0457668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0327648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0190412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02611505
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt073066
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02125
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt022251
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt024403
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017641
IRS990ScheduleA/OtherIncome170Grp/TotalAmt066420
IRS990ScheduleA/PublicSupportCY170Pct00.91890
IRS990ScheduleA/PublicSupportPY170Pct00.90200
IRS990ScheduleA/PublicSupportTotal170Amt02460741
IRS990ScheduleA/SubstantialContributorsTotAmt0150764
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01101288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0534489
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0457668
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0327648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0190412
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02611505
IRS990ScheduleA/TotalSupportAmt02677925
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/DonatedServicesUseFcltsAmt074252
IRS990ScheduleD/EquipmentGrp/BookValueAmt027089
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026677
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053766
IRS990ScheduleD/ExpensesNotReportedAmt074252
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0840738
IRS990ScheduleD/NetUnrealizedGainsInvstAmt074250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FISCAL AGENT PASS THROUGH
IRS990ScheduleD/RevenueNotReportedAmt074250
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01143443
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027089
IRS990ScheduleD/TotalExpensesPerForm990Amt0840738
IRS990ScheduleD/TotalLiabilityAmt03034
IRS990ScheduleD/TotalRevenuePerForm990Amt01143443
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01217693
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0914990
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS REVIEW FORM 990 BEFORE SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER REVIEWS UPDATES AND SIGNS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT UP DURING BOARD MEETINGS WHEN AND IF THEY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WAGES ARE COMPARED TO MN COUNCIL OF NONPROFITS WAGE STUDY, O*NET FOR OUR AREA ALONG WITH COMPARABLE OPEN JOB POSTINGS AT OTHER SIMILAR SIZED NONPROFITS IN OUTSTATE AND SE MINNESOTA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL FORMS AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 469,192. MANAGEMENT AND GENERAL EXPENSES 17,306. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 486,498.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0108970
IRS990/TotalAssetsEOYAmt0562326
IRS990/TotalAssetsGrp/BOYAmt0108970
IRS990/TotalAssetsGrp/EOYAmt0562326
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01101288
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087979
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0752759
IRS990/TotalFunctionalExpensesGrp/TotalAmt0840738
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01591
IRS990/TotalLiabilitiesEOYAmt048514
IRS990/TotalLiabilitiesGrp/BOYAmt01591
IRS990/TotalLiabilitiesGrp/EOYAmt048514
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0107379
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0513812
IRS990/TotalOtherCompensationAmt05575
IRS990/TotalProgramServiceExpensesAmt0752759
IRS990/TotalProgramServiceRevenueAmt040030
IRS990/TotalReportableCompFromOrgAmt087708
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042155
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01143443
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0108970
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0562326
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05177
IRS990/TravelGrp/ProgramServicesAmt06913
IRS990/TravelGrp/TotalAmt012090
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0419 BUSH STREET
IRS990/USAddress/CityNm0RED WING
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055066
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.REDWINGIGNITE.ORG

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings