Civic Intelligence

Laymen'S Ministerial Endowment Fund Inc

990 • Fiscal year 2016 • EIN 51-0152273

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 08, 2017

220 South Sixth Street No 300Minneapolis, MN 55402

(612) 376-7003

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

96th percentile

72%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

68th percentile

7.5%

Faster asset growth than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

57%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,278,886

Up $299,192 (+7.5%) from 2015

Net Assets

Up

$4,278,886

Up $299,192 (+7.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$477,609

Up $173,405 (+57%) from 2015

Expenses

Up

$131,400

Up $26,430 (+25%) from 2015

Net Income

Up

$346,209

Up $146,975 (+74%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,232,066Liabilities 2011: $0Net Assets 2011: $3,232,0662011Assets 2012: $3,419,484Liabilities 2012: $0Net Assets 2012: $3,419,4842012Assets 2013: $3,532,034Liabilities 2013: $0Net Assets 2013: $3,532,0342013Assets 2014: $3,782,730Liabilities 2014: $0Net Assets 2014: $3,782,7302014Assets 2015: $3,979,694Liabilities 2015: $0Net Assets 2015: $3,979,6942015Assets 2016: $4,278,886Liabilities 2016: $0Net Assets 2016: $4,278,8862016Assets 2017: $4,741,107Liabilities 2017: $0Net Assets 2017: $4,741,1072017Assets 2018: $4,775,791Liabilities 2018: $0Net Assets 2018: $4,775,7912018Assets 2019: $5,075,953Liabilities 2019: $0Net Assets 2019: $5,075,9532019Assets 2020: $5,462,467Liabilities 2020: $0Net Assets 2020: $5,462,4672020Assets 2021: $5,951,538Liabilities 2021: $0Net Assets 2021: $5,951,5382021Assets 2022: $6,171,223Liabilities 2022: $0Net Assets 2022: $6,171,2232022Assets 2023: $6,293,776Liabilities 2023: $0Net Assets 2023: $6,293,7762023Assets 2024: $6,812,142Liabilities 2024: $0Net Assets 2024: $6,812,1422024

Highlighted filing

2016

Assets$4,278,886
Liabilities$0
Net Assets$4,278,886

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $239,081Expenses 2011: $75,873Net Income 2011: $163,2082011Expenses 2012: $38,5132012Expenses 2013: $97,2642013Revenue 2014: $285,072Expenses 2014: $52,261Net Income 2014: $232,8112014Revenue 2015: $304,204Expenses 2015: $104,970Net Income 2015: $199,2342015Revenue 2016: $477,609Expenses 2016: $131,400Net Income 2016: $346,2092016Revenue 2017: $528,151Expenses 2017: $37,842Net Income 2017: $490,3092017Revenue 2018: $283,533Expenses 2018: $306,289Net Income 2018: -$22,7562018Revenue 2019: $331,599Expenses 2019: $58,707Net Income 2019: $272,8922019Revenue 2020: $546,675Expenses 2020: $146,810Net Income 2020: $399,8652020Revenue 2021: $626,112Expenses 2021: $124,352Net Income 2021: $501,7602021Revenue 2022: $297,571Expenses 2022: $67,052Net Income 2022: $230,5192022Revenue 2023: $222,015Expenses 2023: $91,274Net Income 2023: $130,7412023Revenue 2024: $587,343Expenses 2024: $62,370Net Income 2024: $524,9732024

Highlighted filing

2016

Revenue$477,609
Expenses$131,400
Net Income$346,209
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$2,296,172
Mission and Program Overview

Mission

Under the terms of the governing instruments, the trustees make distributions to the mn conference of the united methodist church and/or churches and organizations affliated with it.

Support the mn conference of the united methodist church and organizations affiliated with it.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,713,868$4,096,801▲ $382,933
Rtn Earn Endowment Incm Other Fnds$3,211,553$3,510,745▲ $299,192
Cap Stk Tr Prin Current Funds$768,141$768,141→ $0
Savings and Temporary Cash Investments$265,826$182,085▼ $83,741
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$3,979,694$4,278,886▲ $299,192
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,979,694$4,278,886▲ $299,192
Total Liabilities and Net Assets / Fund Balance$3,979,694$4,278,886▲ $299,192
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott CabalkaPresident
Gary HaugenVice President
James MirickVice President
Robert SallmanVice President
Fred BlaisdellDirector
James R RognasDirector
Richard KingDirector
William NelsonDirector
Harlan PaetznickSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$477,609
Other Revenue
$0
Change in Net Assets
$346,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$90,504
Other Expenses$40,896
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$90,504--$90,504
Fees for Service Investment Mgmnt Fees-$38,388-$38,388
Other Expenses-$25-$25
Total Functional Expenses$90,504$40,896$0$131,400
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hennepin Avenue United Methodist ChurchMinneapolis, MN501(c)(3)General Operating Support$90,504
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The committee with authority to act on behalf of the governing body is scott cabalka and james rognas.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by an independent accounting firm and is reviewed by the board president. A copy of form 990 is provided to the board for review prior to filing with irs.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents available to the public. The organization does not have a conflict of interest statement or financial statements.

Filing and Contact Details

Filer

Filer Name
LAYMEN'S MINISTERIAL ENDOWMENT FUND INC
EIN
51-0152273
Phone
6123767003
Address
220 SOUTH SIXTH STREET NO 300, MINNEAPOLIS, MN 55402

Signing Officer

Name
Scott Cabalka
Title
President
Phone
6123766003
Signed
2017-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Cabalka
Formed
1920
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Karen Gries
Phone
6123764500
Raw XML Appendix391 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/GrantsToOrganizationsInd01
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IRS990/MissionDesc0UNDER THE TERMS OF THE GOVERNING INSTRUMENTS, THE TRUSTEES MAKE DISTRIBUTIONS TO THE MN CONFERENCE OF THE UNITED METHODIST CHURCH AND/OR CHURCHES AND ORGANIZATIONS AFFLIATED WITH IT.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientEIN0410694729
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE WORKS WITH THE CHURCH TO DISCUSS OPPORTUNITIES AND NEEDS THAT FALL OUTSIDE OF THE "OPERATING BUDGET" OF THE CHURCH; THE CHURCH PROVIDES CONTEXT IN TERMS OF PRIORITIZING A PARTICULAR REQUEST ALONGSIDE OTHER PRIORITIES; THE FUND MAY ONLY PROVIDE GRANTS OF UP TO $100,000 IN A CALENDAR YEAR (EITHER AS ONE GRANT OR IN COMBINATION)
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY IS SCOTT CABALKA AND JAMES ROGNAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE BOARD PRESIDENT. A COPY OF FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST STATEMENT OR FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HENNEPIN AVENUE UNITED METHODIST CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410694729
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0511 GROVELAND AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055403
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE WORKS WITH THE CHURCH TO DISCUSS OPPORTUNITIES AND NEEDS THAT FALL OUTSIDE OF THE "OPERATING BUDGET" OF THE CHURCH; THE CHURCH PROVIDES CONTEXT IN TERMS OF PRIORITIZING A PARTICULAR REQUEST ALONGSIDE OTHER PRIORITIES; THE FUND MAY ONLY PROVIDE GRANTS OF UP TO $100,000 IN A CALENDAR YEAR (EITHER AS ONE GRANT OR IN COMBINATION)
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V LINE 2(1)(D)
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt090504
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0SEE EXPLANATION IN PART VII
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HENNEPIN AVENUE UNITED METHODIST CHURCH
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03979694
IRS990/TotalAssetsEOYAmt04278886
IRS990/TotalAssetsGrp/BOYAmt03979694
IRS990/TotalAssetsGrp/EOYAmt04278886
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040896
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090504
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03979694
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04278886
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt090504
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0477609
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0477609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03979694
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04278886
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01622 PINEHURST AVE
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055116
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT CABALKA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06123766003
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAYMEN'S MINISTERIAL ENDOWMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0LAYM
ReturnHeader/Filer/EIN0510152273
ReturnHeader/Filer/PhoneNum06123767003
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 SOUTH SIXTH STREET NO 300
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 SOUTH SIXTH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123764500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN GRIES
ReturnHeader/ReturnTs02017-02-10T08:32:12-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$0.00$6.81$0.59$0.06$0.52
2023Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$0.22$0.09$0.13
2022Detailed filing. Detailed filing data is available for this year.$6.17$0.00$6.17$0.30$0.07$0.23
2021Detailed filing. Detailed filing data is available for this year.$5.95$0.00$5.95$0.63$0.12$0.50
2020Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$0.55$0.15$0.40
2019Summary only. Only limited summary data is available for this year.$5.08$0.00$5.08$0.33$0.06$0.27
2018Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$0.28$0.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$0.53$0.04$0.49
2016Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.48$0.13$0.35
2015Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.30$0.10$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$0.29$0.05$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.00$3.53$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.00$3.42$0.04
2011Summary only. Only limited summary data is available for this year.$3.23$0.00$3.23$0.24$0.08$0.16