Civic Intelligence

Austin Area Foundation

990 • Fiscal year 2017 • EIN 58-2671449

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 05, 2018

Organization ProfileWWW.AUSTINAREAFOUNDATION.ORG
110 1st Ave SE PO Box 6Austin, MN 55912

(507) 434-7494

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

97th percentile

79%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$49,000

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

57%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

164%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,605,205

Up $583,044 (+57%) from 2016

Net Assets

Up

$1,605,205

Up $583,044 (+57%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin97th percentile

Revenue

Up

$641,734

Up $398,597 (+164%) from 2016

Expenses

Down

$137,177

Down $25,010 (-15%) from 2016

Net Income

Up

$504,557

Up $423,607 (+523%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $525,422Liabilities 2010: $0Net Assets 2010: $525,4222010Assets 2011: $537,646Liabilities 2011: $0Net Assets 2011: $537,6462011Assets 2012: $621,163Liabilities 2012: $0Net Assets 2012: $621,1632012Assets 2013: $814,705Liabilities 2013: $0Net Assets 2013: $814,7052013Assets 2014: $802,757Liabilities 2014: $0Net Assets 2014: $802,7572014Assets 2015: $896,068Liabilities 2015: $0Net Assets 2015: $896,0682015Assets 2016: $1,022,161Liabilities 2016: $0Net Assets 2016: $1,022,1612016Assets 2017: $1,605,205Liabilities 2017: $0Net Assets 2017: $1,605,2052017Assets 2018: $1,639,588Liabilities 2018: $0Net Assets 2018: $1,639,5882018Assets 2019: $1,909,468Liabilities 2019: $0Net Assets 2019: $1,909,4682019Assets 2020: $2,097,896Liabilities 2020: $0Net Assets 2020: $2,097,8962020Assets 2021: $2,872,306Liabilities 2021: $0Net Assets 2021: $2,872,3062021Assets 2022: $2,959,445Liabilities 2022: $0Net Assets 2022: $2,959,4452022Assets 2023: $3,347,359Liabilities 2023: $0Net Assets 2023: $3,347,3592023Assets 2024: $4,042,463Liabilities 2024: $0Net Assets 2024: $4,042,4632024

Highlighted filing

2017

Assets$1,605,205
Liabilities$0
Net Assets$1,605,205
Open 2017 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.0M$500K$0Expenses 2010: $297,6842010Revenue 2011: $114,987Expenses 2011: $90,027Net Income 2011: $24,9602011Revenue 2012: $114,945Expenses 2012: $57,683Net Income 2012: $57,2622012Revenue 2013: $189,567Expenses 2013: $40,844Net Income 2013: $148,7232013Revenue 2014: $464,859Expenses 2014: $463,208Net Income 2014: $1,6512014Revenue 2015: $303,960Expenses 2015: $159,082Net Income 2015: $144,8782015Revenue 2016: $243,137Expenses 2016: $162,187Net Income 2016: $80,9502016Revenue 2017: $641,734Expenses 2017: $137,177Net Income 2017: $504,5572017Revenue 2018: $229,288Expenses 2018: $105,300Net Income 2018: $123,9882018Revenue 2019: $237,663Expenses 2019: $165,574Net Income 2019: $72,0892019Revenue 2020: $239,741Expenses 2020: $182,521Net Income 2020: $57,2202020Revenue 2021: $867,122Expenses 2021: $269,300Net Income 2021: $597,8222021Revenue 2022: $781,113Expenses 2022: $394,881Net Income 2022: $386,2322022Revenue 2023: $459,905Expenses 2023: $305,843Net Income 2023: $154,0622023Revenue 2024: $940,993Expenses 2024: $479,732Net Income 2024: $461,2612024

Highlighted filing

2017

Revenue$641,734
Expenses$137,177
Net Income$504,557
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 5, 2018
Return Version
2017v2.2
Gross Receipts
$840,655
Mission and Program Overview

Mission

To help maintain and enhance the quality of life in the austin area.

Support nonprofit organizations by managing & distributing charitable gifts

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,022,161$1,605,205▲ $583,044
Investments in Publicly Traded Securities$839,404$1,000,798▲ $161,394
Land, Buildings, and Equipment, Net-$379,000-
Savings and Temporary Cash Investments$80,271$174,249▲ $93,978
Cash and Non-Interest-Bearing Accounts$102,486$51,158▼ $51,328
Total Assets$1,022,161$1,605,205▲ $583,044
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,022,161$1,605,205▲ $583,044
Total Liabilities and Net Assets / Fund Balance$1,022,161$1,605,205▲ $583,044

Asset Categories

AssetBook ValueDepreciationBasis
Land$379,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$888,723$59,588▲ $122,593-$1,028,356
2016$826,189$69,490▲ $19,466-$888,723
2015$704,516$112,633▲ $35,695-$826,189
2014$628,930$56,574▲ $43,116-$704,516
2013$544,103$38,050▲ $71,991-$628,930
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeff BaldusExecutive DiFT$49,000$49,000

Board Members and Trustees

NameTitle
Darrell IngvaldsonPresident
Allan WilliamsTrustee
Amy BaskinTrustee
Belita SchindlerTrustee
Dave FormanTrustee
Fred BogottTrustee
George BrophyTrustee
Glen MairTrustee
Janet AndersonTrustee
Mark CoffeyTrustee
Nitaya JandragholicaTrustee
Paul WahlstromTrustee
Paul WorleinTrustee
Peggy BenzkoferTrustee
Rod NordengTrustee
Tom WuertzTrustee
Gail DennisonSecretary
Ron WalthTreasurer
Mike RuzekVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$597,480
Program Service Revenue
$0
Investment Income
$44,254
Other Revenue
$0
All Other Contributions
$597,480
Change in Net Assets
$504,557

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$379,000Appraisal
Total Noncash Contributions1$379,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$60,413
Salaries, Compensation, and Employee Benefits$53,541
Other Expenses$23,223
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$60,413--$60,413
Current Officers, Directors, Trustees, and Key Employees$44,100$4,900-$49,000
Payroll Taxes$4,087$454-$4,541
Occupancy$1,877$1,877-$3,754
Office Expenses$2,237$419-$2,656
Fees for Service Investment Mgmnt Fees$2,149--$2,149
Insurance-$856-$856
Fees for Services Accounting-$725-$725
Other Expenses$313$312-$625
Advertising$492--$492
All Other Expenses-$235-$235
Total Functional Expenses$127,399$9,778$0$137,177
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Midland Institute for EntreprenuersEffingham, IL-Program Expenses$25,000
Southern Minnesota Bicycling ClubAustin, MN-Program Expenses$6,064
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
Backup withholding compliance
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 11B

“At the time that the board approves a resolution of the filing of the 990, the board treasurer will inform the board that if anyone wants a copy, one will be provided or they may stop into the office to see/read it accordingly.”

Form 990, Page 6, Part VI, Line 12C

“A confidentiality and conflict of interest policy form is proveded annually to all trustees for the foundation to be completed and kept on file. The policy states that trustees are responsible for disclosing any conflicts of interest in writing to the board of trustees, and a disclosure should be made annually in regard to each conflict. The policy applies to each trustee, their immediate family members and close relatives. Any person making a disclosure should abstain themselves from the vote on that particular grant or transactionl”

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

“Industry compensation comparisons are reviewed. Trustees vote to appove compensation.”

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

“Industry compensation comparisons are reviewed. Trustees vote to appove all compensation.”

Form 990, Page 6, Part VI, Line 19

“The foundation's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Austin Area Foundation
EIN
58-2671449
Phone
5074347494
Address
110 1ST AVE SE PO BOX 6, AUSTIN, MN 55912

Signing Officer

Name
Ron Walth
Title
Treasurer
Phone
5074347494
Signed
2018-02-05

Organization Details

Principal Officer
Darrell Ingvaldson
Formed
2003
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
19
Employees
1
Volunteers
19

Preparer

Firm
Hill Larson & Walth Pa
Address
326 NORTH MAIN STREET, AUSTIN, MN 55912-3006
Preparer
Ronald P Walth
Phone
5074332264
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0197050
IRS990/GrossReceiptsAmt0840655
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt019
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0856
IRS990/InsuranceGrp/TotalAmt0856
IRS990/InvestmentIncomeGrp/ExclusionAmt046125
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046125
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0839404
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01000798
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0379000
IRS990/LandBldgEquipCostOrOtherBssAmt0379000
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0198921
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO HELP MAINTAIN AND ENHANCE THE QUALITY OF LIFE IN THE AUSTIN AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01022161
IRS990/NetAssetsOrFundBalancesEOYAmt01605205
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1871
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1871
IRS990/NetUnrlzdGainsLossesInvstAmt078487
IRS990/NoncashContributionsAmt0379000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01877
IRS990/OccupancyGrp/ProgramServicesAmt01877
IRS990/OccupancyGrp/TotalAmt03754
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0419
IRS990/OfficeExpensesGrp/ProgramServicesAmt02237
IRS990/OfficeExpensesGrp/TotalAmt02656
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0VETS MEMORIAL
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICE
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0312
IRS990/OtherExpensesGrp/ProgramServicesAmt08729
IRS990/OtherExpensesGrp/ProgramServicesAmt12357
IRS990/OtherExpensesGrp/ProgramServicesAmt2645
IRS990/OtherExpensesGrp/ProgramServicesAmt3313
IRS990/OtherExpensesGrp/TotalAmt08729
IRS990/OtherExpensesGrp/TotalAmt12357
IRS990/OtherExpensesGrp/TotalAmt2645
IRS990/OtherExpensesGrp/TotalAmt3625
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0454
IRS990/PayrollTaxesGrp/ProgramServicesAmt04087
IRS990/PayrollTaxesGrp/TotalAmt04541
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DARRELL INGVALDSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0222814
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt088765
IRS990/PYInvestmentIncomeAmt020323
IRS990/PYOtherExpensesAmt015664
IRS990/PYRevenuesLessExpensesAmt080950
IRS990/PYSalariesCompEmpBnftPaidAmt057758
IRS990/PYTotalExpensesAmt0162187
IRS990/PYTotalRevenueAmt0243137
IRS990/ReconcilationRevenueExpnssAmt0504557
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01022161
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01605205
IRS990/SavingsAndTempCashInvstGrp/BOYAmt080271
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0218480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0222814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0268187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0407868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0162266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01279615
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035773
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037793
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024906
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0170031
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.34340
IRS990ScheduleA/PublicSupportPY170Pct00.33500
IRS990ScheduleA/PublicSupportTotal170Amt0497864
IRS990ScheduleA/SubstantialContributorsTotAmt0781751
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0218480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0268187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0407868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0162266
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01279615
IRS990ScheduleA/TotalSupportAmt01449646
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02777
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0888723
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt059588
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01028356
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt039771
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0122593
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0826189
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt069490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0888723
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt024419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt019466
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01802
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0704516
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0112633
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0826189
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt024853
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt035695
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt03462
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0628930
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt056574
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0704516
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt020642
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt043116
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt06991
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0544103
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt038050
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0628930
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt018223
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt071991
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0438111
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt039280
IRS990ScheduleD/DonorAdvisedFundsHeldCnt02
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0402556
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0379000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0379000
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0379000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt16064
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM EXPENSES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM EXPENSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MIDLAND INSTITUTE FOR ENTREPRENUERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOUTHERN MINNESOTA BICYCLING CLUB
IRS990ScheduleI/RecipientTable/RecipientEIN0474275347
IRS990ScheduleI/RecipientTable/RecipientEIN1820927848
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01201 NETWORK CENTRE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1219 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0EFFINGHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm1AUSTIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,605,205
Liabilities
$0
Net assets
$1,605,205
Revenue
$641,734
Expenses
$137,177
Net income
$504,557
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.00$4.04$0.94$0.48$0.46
2023Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.46$0.31$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.78$0.39$0.39
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.87$0.27$0.60
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.24$0.18$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.24$0.17$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.23$0.11$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.64$0.14$0.50
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.24$0.16$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.30$0.16$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.46$0.46$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.19$0.04$0.15
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.11$0.06$0.06
2011Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.11$0.09$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.30