Civic Intelligence

Glenwood Development Foundation

990PF • Fiscal year 2023 • EIN 46-2805862

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 16, 2024

Organization Profile
137 E Minnesota AveGlenwood, MN 56334

(320) 634-3674

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

563%

Faster asset growth than 98% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

116800%

Faster revenue growth than 100% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$225,450

Up $191,466 (+563%) from 2022

Net Assets

Down

$225,450

Down $516 (-0.2%) from 2022

Liabilities

Flat

$1

Flat from 2022

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin64th percentile

Revenue

Up

$1,169

Up $1,168 (+116800%) from 2022

Expenses

Up

$1,042

Up $303 (+41%) from 2022

Net Income

Up

$127

Up $865 (+117%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$400K$300K$200K$100K$0Assets 2019: $183,494Liabilities 2019: $125,297Net Assets 2019: $306,0612019Assets 2020: $153,592Liabilities 2020: $1Net Assets 2020: $284,3372020Assets 2021: $226,224Liabilities 2021: $1Net Assets 2021: $226,2242021Assets 2022: $33,984Liabilities 2022: $1Net Assets 2022: $225,9662022Assets 2023: $225,450Liabilities 2023: $1Net Assets 2023: $225,4502023Assets 2024: $230,397Liabilities 2024: $0Net Assets 2024: $230,3972024

Highlighted filing

2023

Assets$225,450
Liabilities$1
Net Assets$225,450
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

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

$20K$0-$20K-$40K-$60KRevenue 2019: $286Expenses 2019: $0Net Income 2019: $2862019Revenue 2020: -$12,553Expenses 2020: $9,142Net Income 2020: -$21,6952020Revenue 2021: -$56,103Expenses 2021: $2,501Net Income 2021: -$58,6042021Revenue 2022: $1Expenses 2022: $739Net Income 2022: -$7382022Revenue 2023: $1,169Expenses 2023: $1,042Net Income 2023: $1272023Revenue 2024: $5,331Expenses 2024: $1,028Net Income 2024: $4,3032024

Highlighted filing

2023

Revenue$1,169
Expenses$1,042
Net Income$127
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 16, 2024
Return Version
2023v5.0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN STONEPresident-$0--
Filing and Contact Details

Filer

Filer Name
Glenwood Development Foundation
EIN
46-2805862
Phone
3206343674
Address
137 E MINNESOTA AVE, GLENWOOD, MN 56334

Signing Officer

Name
John Stone
Title
President
Phone
3206343674
Signed
2024-09-16
Discuss with paid preparer
Yes

Preparer

Firm
Wangsness Ogdahl & Associates
Address
16 1ST AVE SE, GLENWOOD, MN 56334
Preparer
William C Ogdahl Ii
Phone
3206343674
Raw XML Appendix180 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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IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0225484
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt016500
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0175000
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IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt011105
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0GLENWOOD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0MN
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IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt00
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
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IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0false
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
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IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
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LegalFeesSchedule/LegalFeesGrp/CategoryTxt0INDIRECT LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt0939
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt078
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN STONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03206343674
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-16
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ReturnHeader/Filer/BusinessNameControlTxt0GLEN
ReturnHeader/Filer/EIN0462805862
ReturnHeader/Filer/PhoneNum03206343674
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ReturnHeader/Filer/USAddress/CityNm0GLENWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056334
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 1ST AVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056334
ReturnHeader/PreparerPersonGrp/PhoneNum03206343674
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM C OGDAHL II
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-30T11:57:34-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$225,450
Liabilities
$1
Net assets
$225,450
Revenue
$1,169
Expenses
$1,042
Net income
$127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.05$0.01$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.01$0.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.00$2.26$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.56$0.03$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.54$0.00$2.84$0.13$0.09$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.83$1.25$3.06$0.00$0.00$0.00