Civic Intelligence

Interest for Others Foundation

EIN 46-4998117 • 501(c)3 • Wayzata, MN

Profile

Interest for others foundation encourages customers of financial institutions (banks, credit unions, brokerage firms) to donate earned interest to charities in which customers choose.

2730 Gale RoadWayzata, MN 55391

interestforothers.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $21,357 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $21,357 (-100%) from 2020

Revenue

Down

$0

Down $6,376 (-100%) from 2020

Expenses

Down

$21,357

Down $15,590 (-42%) from 2020

Net Income

Up

-$21,357

Up $9,214 (+30%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $76,635Liabilities 2015: $0Net Assets 2015: $76,6352015Assets 2016: $149,456Liabilities 2016: $0Net Assets 2016: $149,4562016Assets 2017: $96,240Liabilities 2017: $0Net Assets 2017: $96,2402017Assets 2018: $72,448Liabilities 2018: $0Net Assets 2018: $72,4482018Assets 2019: $51,928Liabilities 2019: $0Net Assets 2019: $51,9282019Assets 2020: $21,357Liabilities 2020: $0Net Assets 2020: $21,3572020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $137,191Expenses 2015: $72,883Net Income 2015: $64,3082015Revenue 2016: $147,156Expenses 2016: $74,335Net Income 2016: $72,8212016Revenue 2017: $193,655Expenses 2017: $246,871Net Income 2017: -$53,2162017Revenue 2018: $93,373Expenses 2018: $117,165Net Income 2018: -$23,7922018Revenue 2019: $29,408Expenses 2019: $49,928Net Income 2019: -$20,5202019Revenue 2020: $6,376Expenses 2020: $36,947Net Income 2020: -$30,5712020Revenue 2021: $0Expenses 2021: $21,357Net Income 2021: -$21,3572021

Highlighted filing

2021

Revenue$0
Expenses$21,357
Net Income-$21,357

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Jan 20, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$0
Mission and Program Overview

Mission

Interest for others foundation encourages customers of financial institutions (banks, credit unions, brokerage firms) to donate earned interest to charities which customers choose.

Program Services

DescriptionGrantsExpenses
DONATE EARNED INTEREST TO CHARITY AT NO CHARGE, CUSTOMERS AT PARTICIPATING FINANCIAL INSTITUTIONS CAN DONATE THEIR EARNED INTEREST TO CHARITY.$21,357$21,357
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELLEY CARTHEN WATSONDirector-$0--
MARK GREENEDirector-$0--
JOHN JAMESDirector-$0--
BARRY LINDQUISTDirector-$0--
NIKKI SORUMDirector-$0--
LYNNE THOMPSONDirector-$0--
WILLIAM DOLANChairmanPT$0--
BENJAMIN OEHLERPresident & CEOPT$0--
JAMES PHELPSTreasurerPT$0--
JACOB WESTLUNDSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Interest for Others Foundation
EIN
46-4998117
Phone
6128456504
Address
2730 GALE ROAD, WAYZATA, MN 55391

Signing Officer

Name
Benjamin Oehler
Title
President and CEO
Phone
6128456504
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Heidi Grinde
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: goodcoin foundation. Amount given: 3,857.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: the family partnership. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: feed my starving children. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: the humanity alliance. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: jeremiah program. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: north star community rowing. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable donation. Grantee name: second harvest heartland. Amount given: 5,000. Total included on form 990-ez, line 10: 21,357.

Raw XML Appendix295 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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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2THE FAMILY PARTNERSHIP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3FEED MY STARVING CHILDREN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt4THE HUMANITY ALLIANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt5JEREMIAH PROGRAM
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd6MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd029402
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd155428
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd255404
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd355433
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd455386
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd555413
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd655401
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: GOODCOIN FOUNDATION. AMOUNT GIVEN: 3,857.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: THE FAMILY PARTNERSHIP. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: FEED MY STARVING CHILDREN. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: THE HUMANITY ALLIANCE. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: JEREMIAH PROGRAM. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: NORTH STAR COMMUNITY ROWING. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: SECOND HARVEST HEARTLAND. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 21,357.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
ReasonableCauseExplanation/ExplanationTxt0THE ORGANIZATION OFFICIALLY DISSOLVED ON 1/20/21 WHEN THE LAST OF ITS ASSETS WERE DISBURSED, MEANING THE 2021 FORM 990 WAS DUE ON 7/5/21. THE ACCOUNTING FIRM THAT PREPARES THE FORM 990 DID NOT HAVE ACCESS TO THE 2021 FORM 990 UNTIL THE BEGINNING OF 2022 AND AS A RESULT, COULD NOT PREPARE THE FINAL RETURN UNTIL EARLY 2022. WE ARE ASKING THAT YOU AVOID ISSUING ANY LATE FEES AS THE RETURN WAS PREPARED AS SOON AS WAS POSSIBLE.
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN OEHLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06128456504
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTEREST FOR OTHERS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0464998117
ReturnHeader/Filer/PhoneNum06128456504
ReturnHeader/Filer/USAddress/AddressLine1Txt02730 GALE ROAD
ReturnHeader/Filer/USAddress/CityNm0WAYZATA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055391
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 S 6TH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123764500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEIDI GRINDE
ReturnHeader/ReturnTs02022-05-15T11:48:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENJAMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OEHLER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-01-20
ReturnHeader/TaxYr02021

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