Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 16.5% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Up$94,796
Up $24,216 (+34%) from 2020
Net Assets
Up$94,366
Up $35,621 (+61%) from 2020
Liabilities
Down$430
Down $11,405 (-96%) from 2020
Revenue And Expenses
Revenue
Up$194,672
Up $42,001 (+28%) from 2020
Expenses
Up$159,051
Up $1,188 (+0.8%) from 2020
Net Income
Up$35,621
Up $40,813 (+786%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Feb 26, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $194,672
Mission and Program Overview
Mission
To publish a neighborhood newspaper to report & analyze local news, promote the exchange of ideas, educate the community, provide a forum for discussion, & enhance the sense of community & community problem-solving.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Published & distributed 12 newspaper issues (print & online) to inform readers about issues that promote the welfare of the community. | $140,417 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT CARLSON | Editor | PT | $32,089 | - | $32,089 |
| GABRIELLE LAWRENCE | Chairman | - | $0 | - | - |
| BARB HAWES | Secretary | - | $0 | - | - |
| ELIZABETH DANIELSON | Treasurer | - | $0 | - | - |
| JOSH BECERRA | Director | - | $0 | - | - |
| ROSANN CAHILL | Director | - | $0 | - | - |
| BESTY CURRIE | Director | - | $0 | - | - |
| BECKI LONNQUIST | Director | - | $0 | - | - |
| BETH MAGISTAD | Director | - | $0 | - | - |
| DAN NORDLEY | Director | - | $0 | - | - |
| STEVE PLAGENS | Director | - | $0 | - | - |
| MERRY RENDAHL | Director | - | $0 | - | - |
| MATT VIERLING | Director | - | $0 | - | - |
| KRISTIN WIERSMA | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Park Press Inc
- EIN
- 51-0178125
- Phone
- 6512146526
- Address
- PO BOX 8126, ST PAUL, MN 55108
Signing Officer
- Name
- Steve Plagens
- Title
- Treasurer
- Signed
- 2022-02-26
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Petersen Professionals PC
- Address
- 4915 West 35th St Suite 201, St Louis Park, MN 55416
- Preparer
- Stacey R Petersen CPA
- Phone
- 9527673212
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $6526”
Other Expenses.1002
“Office Expenses $1267”
Other Expenses.1003
“Information Technology $7769”
Other Expenses.1012
“Insurance $897”
Other Expenses.2
“DISTRIBUTION $22628”
Other Expenses.4
“BAD DEBT EXPENSE $76”
Other Assets.1005
“Accounts Receivable - Beginning $4726 Accounts Receivable - Ending $2606”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $1300 Prepaid Expenses and Deferred Charges - Ending $1300”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $535 Accounts Payable and Accrued Expenses - Ending $430”
Total Liabilities.1
“REFUNDABLE ADVANCE OF PPP - Beginning $11300 REFUNDABLE ADVANCE OF PPP - Ending $0”
Raw XML Appendix245 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 13 | EDITOR |
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| IRS990EZ/OrganizationFiled990TInd | 0 | true |
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| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PUBLISH A NEIGHBORHOOD NEWSPAPER TO REPORT & ANALYZE LOCAL NEWS, PROMOTE THE EXCHANGE OF IDEAS, EDUCATE THE COMMUNITY, PROVIDE A FORUM FOR DISCUSSION, & ENHANCE THE SENSE OF COMMUNITY & COMMUNITY PROBLEM-SOLVING. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Published & distributed 12 newspaper issues (print & online) to inform readers about issues that promote the welfare of the community. |
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| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/TanningServicesProvidedInd | 0 | false |
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| IRS990EZ/TransactionWithControlEntInd | 0 | false |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $6526 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $1267 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $7769 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $897 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DISTRIBUTION $22628 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BAD DEBT EXPENSE $76 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Receivable - Beginning $4726 Accounts Receivable - Ending $2606 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Prepaid Expenses and Deferred Charges - Beginning $1300 Prepaid Expenses and Deferred Charges - Ending $1300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $535 Accounts Payable and Accrued Expenses - Ending $430 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | REFUNDABLE ADVANCE OF PPP - Beginning $11300 REFUNDABLE ADVANCE OF PPP - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVE PLAGENS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-02-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PARK PRESS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PARK |
| ReturnHeader/Filer/EIN | 0 | 510178125 |
| ReturnHeader/Filer/PhoneNum | 0 | 6512146526 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 8126 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ST PAUL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55108 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273968596 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Petersen Professionals PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4915 West 35th St Suite 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | St Louis Park |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55416 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9527673212 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STACEY R PETERSEN CPA |
| ReturnHeader/ReturnTs | 0 | 2022-03-05T09:06:41-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | STEVE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | PLAGENS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
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Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $94,796
- Liabilities
- $430
- Net assets
- $94,366
- Revenue
- $194,672
- Expenses
- $159,051
- Net income
- $35,621