Civic Intelligence

Jefferson Athletic Booster Group

990 • Fiscal year 2017 • EIN 47-1488949

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2017

PO Box 385847Bloomington, MN 55438

(952) 881-9111

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

49th percentile

2.8%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

-3.8%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$216,326

Up $54,543 (+34%) from 2016

Net Assets

Up

$216,326

Up $54,543 (+34%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$356,562

Down $13,923 (-3.8%) from 2016

Expenses

Up

$346,576

Up $131,663 (+61%) from 2016

Net Income

Down

$9,986

Down $145,586 (-94%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $161,783Liabilities 2016: $0Net Assets 2016: $161,7832016Assets 2017: $216,326Liabilities 2017: $0Net Assets 2017: $216,3262017Assets 2018: $226,966Liabilities 2018: $0Net Assets 2018: $226,9662018Assets 2019: $198,743Liabilities 2019: $39,942Net Assets 2019: $158,8012019Assets 2020: $220,085Liabilities 2020: $57,072Net Assets 2020: $163,0132020Assets 2021: $296,542Liabilities 2021: $16,642Net Assets 2021: $279,9002021Assets 2022: $462,361Liabilities 2022: $16,694Net Assets 2022: $445,6672022Assets 2023: $600,446Liabilities 2023: $24,462Net Assets 2023: $575,9842023Assets 2024: $683,852Liabilities 2024: $6,954Net Assets 2024: $676,8982024

Highlighted filing

2017

Assets$216,326
Liabilities$0
Net Assets$216,326

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $370,485Expenses 2016: $214,913Net Income 2016: $155,5722016Revenue 2017: $356,562Expenses 2017: $346,576Net Income 2017: $9,9862017Revenue 2018: $293,947Expenses 2018: $283,307Net Income 2018: $10,6402018Revenue 2019: $319,363Expenses 2019: $387,528Net Income 2019: -$68,1652019Revenue 2020: $606,743Expenses 2020: $602,531Net Income 2020: $4,2122020Revenue 2021: $415,318Expenses 2021: $346,701Net Income 2021: $68,6172021Revenue 2022: $773,637Expenses 2022: $607,870Net Income 2022: $165,7672022Revenue 2023: $943,399Expenses 2023: $813,082Net Income 2023: $130,3172023Revenue 2024: $934,243Expenses 2024: $830,970Net Income 2024: $103,2732024

Highlighted filing

2017

Revenue$356,562
Expenses$346,576
Net Income$9,986
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2017
Return Version
2016v3.1
Gross Receipts
$356,562
Mission and Program Overview

Mission

The organization provides funds to member sports teams that is used for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other expenses.

The jefferson athletic foundation distributes funds to member sports teams that is then used for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other expenses. The purpose of the funding is to assist in reducing the bloomington school district's burden for funding athletic teams and allow for greater participation from the student body.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$161,783$216,326▲ $54,543
Cash and Non-Interest-Bearing Accounts-$211,326-
Savings and Temporary Cash Investments$161,783--
Accounts Receivable-$5,000-
Total Assets$161,783$216,326▲ $54,543
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$161,783$216,326▲ $54,543
Total Liabilities and Net Assets / Fund Balance$161,783$216,326▲ $54,543
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom KendallPresident
Amy ChristiansenDirector
Cassidy DunkinDirector
Chrissy GrowchowDirector
David RauDirector
Ann RinnmanSecretary
Edgar MadsenTreasurer
Grant EffertzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$356,485
Program Service Revenue
$0
Investment Income
$77
Other Revenue
$0
All Other Contributions
$356,485
Change in Net Assets
$9,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$127,135--$127,135
Other Expenses$31,934--$31,934
Travel$19,211--$19,211
Fees for Services Other-$118-$118
Total Functional Expenses$346,458$118$0$346,576
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

The organization consists of a board of directors which includes an executive committee, sports team representatives and standing committee directors. The executive committee are elected officers of the organization: president, past president, vice president, secretary, and treasurer.the executive committee shall act only during intervals between meetings of the board of directors and shall at all times be subject to the control and direction of the board of directors. The executive committee shall have and may exercise all of the authority and powers of the board of directors in the manners of the affairs of the organization.

Form 990, Page 6, Part VI, Line 11B

Members of the executive committee were provided a copy for review.

Form 990, Page 6, Part VI, Line 15A

Not applicable, no compensation paid.

Form 990, Page 6, Part VI, Line 15B

Not applicable, no compensation paid.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Jefferson Athletic Foundation
EIN
47-1488949
Address
PO BOX 385847, BLOOMINGTON, MN 55438

Signing Officer

Name
Edgar Madsen
Title
Treasurer
Phone
9528819111
Signed
2017-05-08

Organization Details

Principal Officer
Tom Kendall
Formed
2014
Legal Domicile
Mn
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
400

Preparer

Firm
MADSEN O'MEARA AND COMPANY PC
Address
10800 LYNDALE AVE S STE 100, BLOOMINGTON, MN 55420-5613
Preparer
J Edgar Madsen
Phone
9528819111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The jefferson athletic foundation distributes funds to member sports teams that is then used for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other expenses. The purpose of the funding is to assist in reducing the bloomington school district's burden for funding athletic teams and allow for greater participation from the student body.

Form 990, Page 2, Part III, Line 4D

The jefferson athletic foundation distributes funds to member sports teams that is then used for player development, team building, recognition programs, special events, equipment purchases, uniforms, travel, general supplies, and other expenses. The purpose of the funding is to assist in reducing the bloomington school district's burden for funding athletic teams and allow for greater participation from the student body. It is estimated that the student athletes and over 400 volunteers provide greater than 7,250 of volunteer hours.

Form 990, Part IX, Line 24E

Uniforms 27,374 0 0 miscellaneous expense 23,885 0 0 contribution expense 19,481 0 0 capital purchases 14,603 0 0 equipment 14,121 0 0 team building 8,940 0 0 merchandise expense 8,441 0 0 concession expense 8,089 0 0 office supplies 2,021 0 0 meals 85 0 0 bad debt 70 0 0 dues and subscriptions 25 0 0 total 127,135 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE JEFFERSON ATHLETIC FOUNDATION DISTRIBUTES FUNDS TO MEMBER SPORTS TEAMS THAT IS THEN USED FOR PLAYER DEVELOPMENT, TEAM BUILDING, RECOGNITION PROGRAMS, SPECIAL EVENTS, EQUIPMENT PURCHASES, UNIFORMS, TRAVEL, GENERAL SUPPLIES, AND OTHER EXPENSES. THE PURPOSE OF THE FUNDING IS TO ASSIST IN REDUCING THE BLOOMINGTON SCHOOL DISTRICT'S BURDEN FOR FUNDING ATHLETIC TEAMS AND ALLOW FOR GREATER PARTICIPATION FROM THE STUDENT BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE JEFFERSON ATHLETIC FOUNDATION DISTRIBUTES FUNDS TO MEMBER SPORTS TEAMS THAT IS THEN USED FOR PLAYER DEVELOPMENT, TEAM BUILDING, RECOGNITION PROGRAMS, SPECIAL EVENTS, EQUIPMENT PURCHASES, UNIFORMS, TRAVEL, GENERAL SUPPLIES, AND OTHER EXPENSES. THE PURPOSE OF THE FUNDING IS TO ASSIST IN REDUCING THE BLOOMINGTON SCHOOL DISTRICT'S BURDEN FOR FUNDING ATHLETIC TEAMS AND ALLOW FOR GREATER PARTICIPATION FROM THE STUDENT BODY. IT IS ESTIMATED THAT THE STUDENT ATHLETES AND OVER 400 VOLUNTEERS PROVIDE GREATER THAN 7,250 OF VOLUNTEER HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONSISTS OF A BOARD OF DIRECTORS WHICH INCLUDES AN EXECUTIVE COMMITTEE, SPORTS TEAM REPRESENTATIVES AND STANDING COMMITTEE DIRECTORS. THE EXECUTIVE COMMITTEE ARE ELECTED OFFICERS OF THE ORGANIZATION: PRESIDENT, PAST PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER.THE EXECUTIVE COMMITTEE SHALL ACT ONLY DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS AND SHALL AT ALL TIMES BE SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE BOARD OF DIRECTORS IN THE MANNERS OF THE AFFAIRS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE EXECUTIVE COMMITTEE WERE PROVIDED A COPY FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NOT APPLICABLE, NO COMPENSATION PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE, NO COMPENSATION PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UNIFORMS 27,374 0 0 MISCELLANEOUS EXPENSE 23,885 0 0 CONTRIBUTION EXPENSE 19,481 0 0 CAPITAL PURCHASES 14,603 0 0 EQUIPMENT 14,121 0 0 TEAM BUILDING 8,940 0 0 MERCHANDISE EXPENSE 8,441 0 0 CONCESSION EXPENSE 8,089 0 0 OFFICE SUPPLIES 2,021 0 0 MEALS 85 0 0 BAD DEBT 70 0 0 DUES AND SUBSCRIPTIONS 25 0 0 TOTAL 127,135 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0161783
IRS990/TotalAssetsEOYAmt0216326
IRS990/TotalAssetsGrp/BOYAmt0161783
IRS990/TotalAssetsGrp/EOYAmt0216326
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0356485
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0118
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0346458
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346576
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0161783
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0216326
IRS990/TotalOtherProgSrvcExpenseAmt0346458
IRS990/TotalProgramServiceExpensesAmt0346458
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt077
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0356562
IRS990/TotalVolunteersCnt0400
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0161783
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0216326
IRS990/TravelGrp/ProgramServicesAmt019211
IRS990/TravelGrp/TotalAmt019211
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt010800N LYNDALE AVENUE SOUTH
IRS990/USAddress/AddressLine2Txt0SUITE 100
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055420
IRS990/VotingMembersGoverningBodyCnt021
IRS990/VotingMembersIndependentCnt021
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGAR MADSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09528819111
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JEFFERSON ATHLETIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0JEFF
ReturnHeader/Filer/EIN0471488949
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 385847
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055438
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0ACAD4F74A5F7328385A4D9DAB54740F94E003BEE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ACAD4F74A5F7328385A4D9DAB54740F94E003BEE
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562377597
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MADSEN O'MEARA AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010800 LYNDALE AVE S STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554205613
ReturnHeader/PreparerPersonGrp/PhoneNum09528819111
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J EDGAR MADSEN
ReturnHeader/ReturnTs02018-05-09T05:26:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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