Civic Intelligence

Destination Education a Scholarship Foundation

990 • Fiscal year 2020 • EIN 61-1631225

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

3250 Rice Street No 2St Paul, MN 55126

(651) 636-3060

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-45%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

38th percentile

$5,160

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

4.7%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-37%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$253,860

Up $11,420 (+4.7%) from 2019

Net Assets

Up

$253,585

Up $11,388 (+4.7%) from 2019

Liabilities

Up

$275

Up $32 (+13%) from 2019

Revenue

Down

$21,560

Down $12,428 (-37%) from 2019

Expenses

Down

$31,342

Down $11,042 (-26%) from 2019

Net Income

Down

-$9,782

Down $1,386 (-17%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $50Liabilities 2010: $02010Assets 2011: $150Liabilities 2011: $02011Assets 2012: $555Liabilities 2012: $02012Assets 2013: $385Liabilities 2013: $02013Assets 2014: $4,017Liabilities 2014: $02014Assets 2015: $34,269Liabilities 2015: $579Net Assets 2015: $33,6902015Assets 2016: $240,357Liabilities 2016: $1,720Net Assets 2016: $238,6372016Assets 2017: $247,254Liabilities 2017: $1,382Net Assets 2017: $245,8722017Assets 2018: $214,734Liabilities 2018: $3,420Net Assets 2018: $211,3142018Assets 2019: $242,440Liabilities 2019: $243Net Assets 2019: $242,1972019Assets 2020: $253,860Liabilities 2020: $275Net Assets 2020: $253,5852020Assets 2021: $366,473Liabilities 2021: $246Net Assets 2021: $366,2272021Assets 2022: $307,669Liabilities 2022: $2,397Net Assets 2022: $305,2722022Assets 2023: $317,406Liabilities 2023: $2,5802023Assets 2024: $413,479Liabilities 2024: $115Net Assets 2024: $413,3642024

Highlighted filing

2020

Assets$253,860
Liabilities$275
Net Assets$253,585

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $50Expenses 2010: $0Net Income 2010: $502010Revenue 2011: $100Expenses 2011: $0Net Income 2011: $1002011Revenue 2012: $405Expenses 2012: $0Net Income 2012: $4052012Revenue 2013: $585Expenses 2013: $755Net Income 2013: -$1702013Revenue 2014: $5,350Expenses 2014: $1,717Net Income 2014: $3,6332014Revenue 2015: $79,667Expenses 2015: $45,977Net Income 2015: $33,6902015Revenue 2016: $253,080Expenses 2016: $48,133Net Income 2016: $204,9472016Revenue 2017: $59,511Expenses 2017: $52,276Net Income 2017: $7,2352017Revenue 2018: $16,689Expenses 2018: $45,301Net Income 2018: -$28,6122018Revenue 2019: $33,988Expenses 2019: $42,384Net Income 2019: -$8,3962019Revenue 2020: $21,560Expenses 2020: $31,342Net Income 2020: -$9,7822020Revenue 2021: $100,185Expenses 2021: $29,177Net Income 2021: $71,0082021Revenue 2022: $7,387Expenses 2022: $50,258Net Income 2022: -$42,8712022Revenue 2023: $35,626Expenses 2023: $43,098Net Income 2023: -$7,4722023Revenue 2024: $111,398Expenses 2024: $32,138Net Income 2024: $79,2602024

Highlighted filing

2020

Revenue$21,560
Expenses$31,342
Net Income-$9,782
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$1,146,525
Mission and Program Overview

Mission

To provide scholarships and funding opportunities to youth for activities promoting the furtherance of education. To advance education and science, combat community deterioration and lessen the burdens of government.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$216,418$227,588▲ $11,170
Cash and Non-Interest-Bearing Accounts$18,860$26,272▲ $7,412
Accounts Receivable$7,162--
Total Assets$242,440$253,860▲ $11,420
Liabilities
Accounts Payable and Accrued Expenses$243$275▲ $32
Total Liabilities$243$275▲ $32
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$253,477$266,684▲ $13,207
Net Assets With Donor Restrictions$-11,280$-13,099▼ $1,819
Total Net Assets Fund Balance$242,197$253,585▲ $11,388
Total Liabilities and Net Assets / Fund Balance$242,440$253,860▲ $11,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert MatsonExecutive DirectorPT$5,160$5,160
Chris SchmidtBoard Member-$5,160$5,160
Monica LeedomBoard Member/gambling ManagerPT$3,267$3,267

Board Members and Trustees

NameTitle
Rachel JennerPresident
Gale PedersonVice President
Bob KayeBoard Member
Charlotte OleinBoard Member
Dale MaristuenBoard Member
Gwen BenhamBoard Member
Marisa PeckBoard Member
Mike KirchnerBoard Member
Mindy SchmidtBoard Member
Russ SchmidtBoard Member
Ryan JennerBoard Member
William OleinBoard Member
Dave KillTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,379
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$20,181
All Other Contributions
$1,379
Change in Net Assets
$-9,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,160
Salaries, Compensation, and Employee Benefits$11,182
Grants and Similar Amounts Paid$8,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$8,000--$8,000
Fees for Services Accounting$2,847$2,847-$5,694
Other Salaries and Wages$4,644$516-$5,160
Current Officers, Directors, Trustees, and Key Employees$4,644$516-$5,160
Occupancy$4,316$480-$4,796
Insurance$854$95-$949
Payroll Taxes$776$86-$862
Other Expenses-$504-$504
Office Expenses$195$22-$217
Total Functional Expenses$26,276$5,066$0$31,342
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,145,146
Gaming Direct Expenses$1,124,965
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MembersRachel Is an Officer and Chris Is the Owner of a Company That Provides Administrative and Accounting Services to the Foundation. the Transaction Amount Is the Amount Paid to the Company for These Services.No$12,822
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 35% controlled entity
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 2

The following board members are married: rachel and ryan jenner william and charlotte olein mindy and russ schmidt chris schmidt is the mother of rachel jenner and russ schmidt.

Form 990, Part VI, Section B, Line 11B

The foundation's form 990 is prepared by an outside agency and is subject to review and approval by the foundation's governing body.

Form 990, Part VI, Section B, Line 12C

Board members complete conflict of interest forms annually.

Form 990, Part VI, Section C, Line 19

All governing and financial documents are available for public inspection upon written request.

Filing and Contact Details

Filer

Filer Name
Destination Education a Scholarship
EIN
61-1631225
Phone
6516363060
Address
3250 RICE STREET NO 2, ST PAUL, MN 55126

Signing Officer

Name
Rachel Jenner
Title
President
Phone
6516363060
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Jenner
Formed
2010
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
8
Employees
7
Volunteers
13

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Marc a Kotsonas
Phone
6512276695
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RACHEL JENNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02061
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt09500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt013520
IRS990/PYOtherRevenueAmt031927
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-8396
IRS990/PYSalariesCompEmpBnftPaidAmt019364
IRS990/PYTotalExpensesAmt042384
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt033988
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9782
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0216418
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0227588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05811
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.57720
IRS990ScheduleA/PublicSupportTotal170Amt05811
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0659
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0901
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05811
IRS990ScheduleA/TotalSupportAmt05811
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt022000
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt06800
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0955792
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0962592
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01124965
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt08000
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01137146
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt01145146
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt020181
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt0799
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0125475
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0124676
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt036654
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsOtherGamingAmt0244
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt036898
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerCompensationAmt03267
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0MONICA LEEDOM
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGES THE GAMING OPERATIONS AND EMPLOYEES.
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0ESSENTIAL BUSINESS SERVICES
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt03250 RICE STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0SAINT PAUL
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055126
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVES UPDATES FROM DONEES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0RACHEL JENNER AND CHRIS SCHMIDT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012822
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RACHEL IS AN OFFICER AND CHRIS IS THE OWNER OF A COMPANY THAT PROVIDES ADMINISTRATIVE AND ACCOUNTING SERVICES TO THE FOUNDATION. THE TRANSACTION AMOUNT IS THE AMOUNT PAID TO THE COMPANY FOR THESE SERVICES.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING BOARD MEMBERS ARE MARRIED: RACHEL AND RYAN JENNER WILLIAM AND CHARLOTTE OLEIN MINDY AND RUSS SCHMIDT CHRIS SCHMIDT IS THE MOTHER OF RACHEL JENNER AND RUSS SCHMIDT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION'S FORM 990 IS PREPARED BY AN OUTSIDE AGENCY AND IS SUBJECT TO REVIEW AND APPROVAL BY THE FOUNDATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS COMPLETE CONFLICT OF INTEREST FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0242440
IRS990/TotalAssetsEOYAmt0253860
IRS990/TotalAssetsGrp/BOYAmt0242440
IRS990/TotalAssetsGrp/EOYAmt0253860
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01379
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05066
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt026276
IRS990/TotalFunctionalExpensesGrp/TotalAmt031342
IRS990/TotalGrossUBIAmt020181
IRS990/TotalLiabilitiesBOYAmt0243
IRS990/TotalLiabilitiesEOYAmt0275
IRS990/TotalLiabilitiesGrp/BOYAmt0243
IRS990/TotalLiabilitiesGrp/EOYAmt0275
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0242197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253585
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt026276
IRS990/TotalReportableCompFromOrgAmt013587
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021560

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$0.00$4.13$1.11$0.32$0.79
2023Summary only. Only limited summary data is available for this year.$3.17$0.03$0.36$0.43$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.08$0.02$3.05$0.07$0.50$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.00$3.66$1.00$0.29$0.71
2020Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.22$0.31$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.00$2.42$0.34$0.42$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.03$2.11$0.17$0.45$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.01$2.46$0.60$0.52$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.02$2.39$2.53$0.48$2.05
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.34$0.80$0.46$0.34
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.05$0.02$0.04
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.01$0.01$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits