Civic Intelligence

Glenwood Development Foundation

990PF • Fiscal year 2024 • EIN 46-2805862

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 29, 2025

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

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • <$500k nonprofits • Source year 2024

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

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.

2024 filings • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

2.2%

Faster asset growth than 55% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

356%

Faster revenue growth than 97% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$230,397

Up $4,947 (+2.2%) from 2023

Net Assets

Up

$230,397

Up $4,947 (+2.2%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin96th percentile

Revenue

Up

$5,331

Up $4,162 (+356%) from 2023

Expenses

Down

$1,028

Down $14 (-1.3%) from 2023

Net Income

Up

$4,303

Up $4,176 (+3288%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth55th 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

2024

Assets$230,397
Liabilities$0
Net Assets$230,397
Open 2024 Filing

Operations Trend

Revenue Growth97th 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

2024

Revenue$5,331
Expenses$1,028
Net Income$4,303
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 29, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENT COCHRANPresident-$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
Brent Cochran
Title
President
Phone
3206343674
Signed
2025-03-29

Preparer

Firm
Wangsness Ogdahl & Associates
Address
16 1ST AVE SE, GLENWOOD, MN 56334
Preparer
William C Ogdahl Ii
Phone
3206343674
Raw XML Appendix179 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
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt033984
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0DONATED STOCK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/RelatedOrExemptFunctionIncmAmt05331
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt05331
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt04303
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt0906
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt081
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt041
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt01028
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt05331
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt01028
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt04303
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt0644
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0230397
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt0225450
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0230397
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt011421
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt011421
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt011421
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt011495
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt074
IRS990PF/DistributableAmountGrp/TotalTaxAmt074
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt074
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt074
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt074
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt074
IRS990PF/FMVAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt03049
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt02021
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsBOYAmt0225450
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsEOYAmt0230397
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt033984
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt033984
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0188417
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt0194392
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt0225450
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt0230397
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt0225450
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt0230397
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt0225450
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt0230397
IRS990PF/MethodOfAccountingAccrualInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0233397
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt03000
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0196413
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt03501
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt033984
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt011495
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0229896
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0233397
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0BRENT COCHRAN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt016 1ST AVE SE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0GLENWOOD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd056334
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
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePY1Yr02023
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0true
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0true
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0false
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0BRENT COCHRAN
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt016 1ST AVE SE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0GLENWOOD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0MN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd056334
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0MN
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum03206343674
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt011421
IRS990PF/UndistributedIncomeGrp/Taxable2Amt011089
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt011421
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt011089
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0INDIRECT LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt0906
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt081
TaxesSchedule/TaxesDetail/Amt041
TaxesSchedule/TaxesDetail/CategoryTxt0INDIRECT TAXES/LICENSES
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENT COCHRAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03206343674
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLENWOOD DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GLEN
ReturnHeader/Filer/EIN0462805862
ReturnHeader/Filer/PhoneNum03206343674
ReturnHeader/Filer/USAddress/AddressLine1Txt0137 E MINNESOTA AVE
ReturnHeader/Filer/USAddress/CityNm0GLENWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056334
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WANGSNESS OGDAHL & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 1ST AVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056334
ReturnHeader/PreparerPersonGrp/PhoneNum03206343674
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM C OGDAHL II
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-15T19:50:32-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$230,397
Liabilities
$0
Net assets
$230,397
Revenue
$5,331
Expenses
$1,028
Net income
$4,303
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