Civic Intelligence

Stories Foundation

990EZ • Fiscal year 2019 • EIN 47-3404006

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

3917 Douglas Dr NCrystal, MN 55422

(612) 987-9077

Siviq Scores

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

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

8th percentile

-50%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$28,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 42.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-51%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$68,255

Down $32,331 (-32%) from 2018

Net Assets

Down

$61,931

Down $33,743 (-35%) from 2018

Liabilities

Up

$6,324

Up $1,412 (+29%) from 2018

Revenue

Down

$67,368

Down $71,046 (-51%) from 2018

Expenses

Up

$101,110

Up $30,541 (+43%) from 2018

Net Income

Down

-$33,742

Down $101,587 (-150%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $100,586Liabilities 2018: $4,912Net Assets 2018: $95,6742018Assets 2019: $68,255Liabilities 2019: $6,324Net Assets 2019: $61,9312019Assets 2020: $135,962Liabilities 2020: $6,357Net Assets 2020: $129,6052020Assets 2021: $483,557Liabilities 2021: $3,862Net Assets 2021: $479,6952021Assets 2022: $475,617Liabilities 2022: $8,561Net Assets 2022: $467,0562022Assets 2023: $514,181Liabilities 2023: $7,525Net Assets 2023: $506,6562023Assets 2024: $444,495Liabilities 2024: $8,208Net Assets 2024: $436,2872024

Highlighted filing

2019

Assets$68,255
Liabilities$6,324
Net Assets$61,931

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $138,414Expenses 2018: $70,569Net Income 2018: $67,8452018Revenue 2019: $67,368Expenses 2019: $101,110Net Income 2019: -$33,7422019Revenue 2020: $169,529Expenses 2020: $101,855Net Income 2020: $67,6742020Revenue 2021: $473,457Expenses 2021: $123,367Net Income 2021: $350,0902021Revenue 2022: $272,841Expenses 2022: $263,348Net Income 2022: $9,4932022Revenue 2023: $293,668Expenses 2023: $262,506Net Income 2023: $31,1622023Revenue 2024: $248,249Expenses 2024: $318,618Net Income 2024: -$70,3692024

Highlighted filing

2019

Revenue$67,368
Expenses$101,110
Net Income-$33,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$82,253
Mission and Program Overview

Mission

Stories Foundation exists to empower communities to end the cycle of human trafficking by starting and supporting social enterprises that raise awareness, offer opportunities for economic independence, and fund the fight against human trafficking.

Stories foundation exists to empower communities to end the cycle of human trafficking by starting and supporting social enterprises that raise awareness, offer opportunities for economic independence for survivors and fund the fight against human trafficking.

Program Services

DescriptionGrantsExpenses
CURRENTLY STORIES FOUNDATION OPERATES THE FREEDOM FOOD TRUCK AND STORYTELLER CATERING. IN THE FUTURE WE HOPE TO OPERATE A CAFE AND SELL FOOD PRODUCTS. ALL WITH THE GOAL OF SPREADING AWARENESS ABOUT HUMAN TRAFFICKING AND EMPOWERING PEOPLE TO MAKE A DIFFERENCE THROUGH PURPOSEFUL PURCHASING AS A FIRST STEP. STORIES WAS BORN OUT OF THE BELIEF THAT WHEN PEOPLE LEARNED ABOUT HUMAN TRAFFICKING AND HOW IT AFFECTS OUR COMMUNITIES THEY WOULD WANT TO DO SOMETHING TO FIGHT AGAINST IT. WE CREATE OPPORTUNITIES FOR PEOPLE TO DO JUST THAT BY EMPOWERING THEM TO TAKE THE FIRST STEP THROUGH EDUCATION AND PURPOSEFUL PURCHASING. STORIES ALSO HAD A FEW EVENTS DURING THE YEAR TO FURTHER THE MESSAGE LIKE AN ORGANIZED 5K RUN AND GALA.-$43,271
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE PAGEExecutive DiFT$28,500-$28,500
BENJAMIN SAINEBoard ChairPT$0--
TYLER TONGTreasurerPT$0--
JESSICA HEGGEMMemberPT$0--
AARON SORBELMemberPT$0--
LEAH NAGELSecretaryPT$0--
KIERSTIN BIRDMemberPT$0--
HOLLY MILLERMemberPT$0--
MARK THURSTONMemberPT$0--
Filing and Contact Details

Filer

Filer Name
Stories Foundation Inc
EIN
47-3404006
Phone
6129879077
Address
3917 DOUGLAS DR N, CRYSTAL, MN 55422

Signing Officer

Name
Holly Miller
Title
Member
Phone
7637328398
Signed
2020-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Boyum Barenscheer
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing & promotion 140 marketing & advertising fees 1,814 office supplies 1,004 telecommunications and techno 2,023 travel 1,275 meals & entertainment 663 conferences and conventions -275 insurance 3,167 business fees 2,282 card & donation processin 221 licenses & subscriptions 1,792 repairs & maintenance 789 vehicle fuel & licensing 3,233 dues & subscriptions 275 event awareness costs 135 event indirect fundraisin 60 supplies for programs 19 training & development 1,042 donations 1,891 non-investment depreciation 2,969 total 24,519

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 870 242 21,089 21,089 less accumulated depreciation 12,829 15,798 earnest money 7,000 0 total 16,130 5,533

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 25 credit cards 867 1,762 payroll liabilties 2,448 2,588 sales tax liability 1,597 1,949

Form 990-ez, Part III

Stories foundation exists to empower communities to end the cycle of human trafficking by starting and supporting social enterprises that raise awareness, offer opportunities for economic independence for survivors and fund the fight against human trafficking.

Form 990-ez, Part III, Line 28

Currently stories foundation operates the freedom food truck and storyteller catering. In the future we hope to operate a cafe and sell food products. All with the goal of spreading awareness about human trafficking and empowering people to make a difference through purposeful purchasing as a first step. Stories was born out of the belief that when people learned about human trafficking and how it affects our communities they would want to do something to fight against it. We create opportunities for people to do just that by empowering them to take the first step through education and purposeful purchasing. Stories also had a few events during the year to further the message like an organized 5k run and gala.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & PROMOTION 140 MARKETING & ADVERTISING FEES 1,814 OFFICE SUPPLIES 1,004 TELECOMMUNICATIONS AND TECHNO 2,023 TRAVEL 1,275 MEALS & ENTERTAINMENT 663 CONFERENCES AND CONVENTIONS -275 INSURANCE 3,167 BUSINESS FEES 2,282 CARD & DONATION PROCESSIN 221 LICENSES & SUBSCRIPTIONS 1,792 REPAIRS & MAINTENANCE 789 VEHICLE FUEL & LICENSING 3,233 DUES & SUBSCRIPTIONS 275 EVENT AWARENESS COSTS 135 EVENT INDIRECT FUNDRAISIN 60 SUPPLIES FOR PROGRAMS 19 TRAINING & DEVELOPMENT 1,042 DONATIONS 1,891 NON-INVESTMENT DEPRECIATION 2,969 TOTAL 24,519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 870 242 21,089 21,089 LESS ACCUMULATED DEPRECIATION 12,829 15,798 EARNEST MONEY 7,000 0 TOTAL 16,130 5,533
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STORIES FOUNDATION EXISTS TO EMPOWER COMMUNITIES TO END THE CYCLE OF HUMAN TRAFFICKING BY STARTING AND SUPPORTING SOCIAL ENTERPRISES THAT RAISE AWARENESS, OFFER OPPORTUNITIES FOR ECONOMIC INDEPENDENCE FOR SURVIVORS AND FUND THE FIGHT AGAINST HUMAN TRAFFICKING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CURRENTLY STORIES FOUNDATION OPERATES THE FREEDOM FOOD TRUCK AND STORYTELLER CATERING. IN THE FUTURE WE HOPE TO OPERATE A CAFE AND SELL FOOD PRODUCTS. ALL WITH THE GOAL OF SPREADING AWARENESS ABOUT HUMAN TRAFFICKING AND EMPOWERING PEOPLE TO MAKE A DIFFERENCE THROUGH PURPOSEFUL PURCHASING AS A FIRST STEP. STORIES WAS BORN OUT OF THE BELIEF THAT WHEN PEOPLE LEARNED ABOUT HUMAN TRAFFICKING AND HOW IT AFFECTS OUR COMMUNITIES THEY WOULD WANT TO DO SOMETHING TO FIGHT AGAINST IT. WE CREATE OPPORTUNITIES FOR PEOPLE TO DO JUST THAT BY EMPOWERING THEM TO TAKE THE FIRST STEP THROUGH EDUCATION AND PURPOSEFUL PURCHASING. STORIES ALSO HAD A FEW EVENTS DURING THE YEAR TO FURTHER THE MESSAGE LIKE AN ORGANIZED 5K RUN AND GALA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxYr02019

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