Civic Intelligence

Northeast Minneapolis Tool Library

990EZ • Fiscal year 2021 • EIN 47-1051712

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 21, 2022

1620 Central Avenue NEMinneapolis, MN 55413

(320) 201-0227

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

67th percentile

22%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

74th percentile

33%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

57th percentile

13%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Up

$134,225

Up $33,185 (+33%) from 2020

Net Assets

Up

$134,225

Up $33,185 (+33%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$152,104

Up $17,153 (+13%) from 2020

Expenses

Down

$118,919

Down $390 (-0.3%) from 2020

Net Income

Up

$33,185

Up $17,543 (+112%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $59,938Net Assets 2018: $59,9382018Assets 2019: $83,733Liabilities 2019: $0Net Assets 2019: $83,7332019Assets 2020: $101,040Liabilities 2020: $0Net Assets 2020: $101,0402020Assets 2021: $134,225Liabilities 2021: $0Net Assets 2021: $134,2252021Assets 2022: $147,834Liabilities 2022: $0Net Assets 2022: $147,9432022Assets 2023: $214,409Liabilities 2023: $214,409Net Assets 2023: $02023Assets 2024: $258,399Liabilities 2024: $0Net Assets 2024: $258,3992024

Highlighted filing

2021

Assets$134,225
Liabilities$0
Net Assets$134,225

Operations Trend

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

$300K$200K$100K$0Revenue 2018: $106,218Expenses 2018: $91,966Net Income 2018: $14,2522018Revenue 2019: $125,154Expenses 2019: $101,359Net Income 2019: $23,7952019Revenue 2020: $134,951Expenses 2020: $119,309Net Income 2020: $15,6422020Revenue 2021: $152,104Expenses 2021: $118,919Net Income 2021: $33,1852021Revenue 2022: $168,421Expenses 2022: $154,703Net Income 2022: $13,7182022Revenue 2023: $248,921Expenses 2023: $182,346Net Income 2023: $66,5752023Revenue 2024: $273,877Expenses 2024: $229,890Net Income 2024: $43,9872024

Highlighted filing

2021

Revenue$152,104
Expenses$118,919
Net Income$33,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 21, 2022
Return Version
2021v4.1
Gross Receipts
$152,104
Mission and Program Overview

Mission

Lending tools to members and increasing self-sufficiency skills in the community.

Program Services

DescriptionGrantsExpenses
Lending tools to members. Served over 1000 members and lent out thousands of tools.$0$95,356
Teaching members and individual community members safe tool use and project based projects.$0$3,742
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy McCormickPresident-$0--
Zachary WefelBoardmember-$0--
Katheryn SchneiderBoardmember-$0--
Christina BucklesBoardmember-$0--
Lara DreierBoardmember-$0--
Libby LogsdenBoardmember-$0--
Filing and Contact Details

Filer

Filer Name
Northeast Minneapolis Tool Library
EIN
47-1051712
Address
1620 Central Avenue NE, Minneapolis, MN 55413

Signing Officer

Name
Zachary Wefel
Title
Boardmember
Phone
3202010227
Signed
2022-06-21
Discuss with paid preparer
Yes

Preparer

Preparer
Zachary Wefel
Phone
3202010227
Supplemental Narrative

Additional Explanations

Part I, Line 8

Sales tax and miscellaneous income.

Part I, Line 16

Insurance: $2867.49 Miscellaneous $15 Taxes: $407.33 Tools: $5469.78

Raw XML Appendix210 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Zachary Wefel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Katheryn Schneider
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Christina Buckles
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lara Dreier
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Libby Logsden
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Boardmember
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Boardmember
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt08759
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IRS990EZ/PrintingPublicationsPostageAmt01905
IRS990EZ/ProgramServiceRevenueAmt023823
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Teaching members and individual community members safe tool use and project based projects.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13742
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt057144
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sales tax and miscellaneous income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance: $2867.49 Miscellaneous $15 Taxes: $407.33 Tools: $5469.78
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Zachary Wefel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Boardmember
ReturnHeader/BusinessOfficerGrp/PhoneNum03202010227
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHEAST MINNEAPOLIS TOOL LIBRARY
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0471051712
ReturnHeader/Filer/USAddress/AddressLine1Txt01620 Central Avenue NE
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055413
ReturnHeader/PreparerPersonGrp/PhoneNum03202010227
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Zachary Wefel
ReturnHeader/ReturnTs02022-06-22T00:23:12Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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