Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 8.2% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
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
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $27,089 | $26,677 | $53,766 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stacy Nimmo | Executive Director | FT | $87,708 | $5,575 | $93,283 |
| Name | Title |
|---|---|
| Paul Kramp | Board Chair |
| Tom Drazkowski | Vice Chair |
| Atiq Bhatti | Director |
| Tawonda Burks | Director |
| Beth Benike | Secretary |
| Matthew Lessard | Treasurer |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Fiscal Agent Pass Through | $3,034 |
“There are no committees with authority to act on behalf of the board of directors.”
“Members review form 990 before submission”
“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.”
“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.”
“All forms available to public upon request”
“Contracted services: program service expenses 469,192. Management and general expenses 17,306. Fundraising expenses 0. Total expenses 486,498.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 45480 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 8977 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 12926 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 12926 |
| IRS990/AllOtherContributionsAmt | 0 | 187611 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ELLEN HUTCHINSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6513272115 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 419 BUSH ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RED WING |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55066 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 105105 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 114030 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 93283 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 93283 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 4028 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 4326 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8354 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1101288 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 627223 |
| IRS990/CYOtherRevenueAmt | 0 | 2125 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 40030 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 302705 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 213515 |
| IRS990/CYTotalExpensesAmt | 0 | 840738 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1143443 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3175 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3175 |
| IRS990/Desc | 0 | ADVANCING 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/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 752759 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10813 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10813 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 17306 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 469192 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 486498 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 5575 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PAUL KRAMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TOM DRAZKOWSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MATTHEW LESSARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BETH BENIKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ATIQ BHATTI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TAWONDA BURKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | STACY NIMMO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 87708 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 913677 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1143443 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 203 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 8053 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 8256 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5116 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5116 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 42 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 26677 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3527 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 27089 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 53766 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | WE 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/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 107379 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 513812 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 107379 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 513812 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3033 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5779 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 8812 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4814 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 58496 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 63310 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 7601 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 1833 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 9434 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | TRAINING |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3125 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 25 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1382 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1437 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1651 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 253 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 4562 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1676 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1635 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1591 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3034 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2125 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2125 |
| IRS990/OtherRevenueTotalAmt | 0 | 2125 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 841 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 91824 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 92665 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 6201 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8735 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 14936 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2213 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 984 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3197 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 407230 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 338 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5000 |
| IRS990/PrincipalOfficerNm | 0 | MATTHEW LESSARD |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 103728 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531120 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM OFFICE SPACE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SBDC INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 24253 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 15777 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 24253 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 15777 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | BUSINESS 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/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | RWI 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/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 534489 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 382203 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 33036 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 13044 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 172278 |
| IRS990/PYTotalExpensesAmt | 0 | 554481 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 567525 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 302705 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 42155 |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME - 2018 AMOUNT: $ 17,641. 2019 AMOUNT: $ 24,403. 2020 AMOUNT: $ 22,251. 2022 AMOUNT: $ 2,125. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1101288 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 534489 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 457668 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 327648 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 190412 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2611505 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 73066 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22251 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24403 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17641 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 66420 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.91890 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.90200 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2460741 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 150764 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 534489 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 457668 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 327648 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 190412 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 74252 |
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 26677 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 53766 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 74252 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 840738 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 74250 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 3034 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FISCAL AGENT PASS THROUGH |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 74250 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1143443 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 27089 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 840738 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3034 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1143443 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1217693 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 914990 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS REVIEW FORM 990 BEFORE SUBMISSION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ALL FORMS AVAILABLE TO PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 469,192. MANAGEMENT AND GENERAL EXPENSES 17,306. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 486,498. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 108970 |
| IRS990/TotalAssetsEOYAmt | 0 | 562326 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 108970 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 562326 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1101288 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 87979 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 752759 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 840738 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1591 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 48514 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1591 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 48514 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 107379 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 513812 |
| IRS990/TotalOtherCompensationAmt | 0 | 5575 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 752759 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 40030 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 87708 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1143443 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 20 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 108970 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 562326 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 5177 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 6913 |
| IRS990/TravelGrp/TotalAmt | 0 | 12090 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 419 BUSH STREET |
| IRS990/USAddress/CityNm | 0 | RED WING |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55066 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.REDWINGIGNITE.ORG |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.