Civic Intelligence

Minnewaska Laker Foundation

990EZ • Fiscal year 2016 • EIN 71-1041194

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 13, 2016

25122 St Hwy 28Glenwood, MN 56334

(320) 634-3778

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$90,112

Up $11,252 (+14%) from 2015

Net Assets

Up

$90,112

Up $11,252 (+14%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$36,753

Down $5,578 (-13%) from 2015

Expenses

Up

$25,501

Up $12,044 (+89%) from 2015

Net Income

Down

$11,252

Down $17,622 (-61%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $69,372Liabilities 2011: $25,728Net Assets 2011: $43,6442011Assets 2012: $59,016Liabilities 2012: $17,8142012Assets 2013: $35,708Liabilities 2013: $9,479Net Assets 2013: $26,2292013Assets 2014: $49,986Net Assets 2014: $49,9862014Assets 2015: $78,860Net Assets 2015: $78,8602015Assets 2016: $90,112Net Assets 2016: $90,1122016Assets 2017: $102,746Net Assets 2017: $102,7462017Assets 2018: $117,335Liabilities 2018: $02018Assets 2019: $136,339Liabilities 2019: $335,872Net Assets 2019: -$199,5332019Assets 2020: $128,777Liabilities 2020: $311,734Net Assets 2020: -$182,9572020Assets 2021: $110,367Liabilities 2021: $261,647Net Assets 2021: -$151,2802021Assets 2022: $432,683Liabilities 2022: $221,018Net Assets 2022: $211,6652022Assets 2023: $502,310Liabilities 2023: $192,520Net Assets 2023: $309,7902023Assets 2024: $2,828,139Liabilities 2024: $193,018Net Assets 2024: $2,635,1212024

Highlighted filing

2016

Assets$90,112
Liabilities-
Net Assets$90,112

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $74,077Expenses 2011: $57,017Net Income 2011: $17,0602011Revenue 2012: $63,732Expenses 2012: $66,174Net Income 2012: -$2,4422012Revenue 2013: $39,614Expenses 2013: $54,587Net Income 2013: -$14,9732013Revenue 2014: $42,432Expenses 2014: $18,675Net Income 2014: $23,7572014Revenue 2015: $42,331Expenses 2015: $13,457Net Income 2015: $28,8742015Revenue 2016: $36,753Expenses 2016: $25,501Net Income 2016: $11,2522016Revenue 2017: $27,254Expenses 2017: $14,620Net Income 2017: $12,6342017Revenue 2018: $38,923Expenses 2018: $24,334Net Income 2018: $14,5892018Revenue 2019: $49,004Expenses 2019: $365,872Net Income 2019: -$316,8682019Revenue 2020: $35,261Expenses 2020: $18,685Net Income 2020: $16,5762020Revenue 2021: $65,308Expenses 2021: $33,631Net Income 2021: $31,6772021Revenue 2022: $376,896Expenses 2022: $8,235Net Income 2022: $368,6612022Revenue 2023: $139,351Expenses 2023: $41,226Net Income 2023: $98,1252023Revenue 2024: $2,319,999Expenses 2024: $41,760Net Income 2024: $2,278,2392024

Highlighted filing

2016

Revenue$36,753
Expenses$25,501
Net Income$11,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 13, 2016
Return Version
2015v2.0
Gross Receipts
$52,576
Mission and Program Overview

Mission

To support, aid, promote, enhance and improve the activities programs (including athletics, fine arts, music and academic activities) of the Minnewaska Area School District # 2149 in Pope County, Minnesota. To enhance and secure student opportunities to participate in activities and to strengthen the relationship that exists between the school district, it's alumni and the communities that it serves, including Glenwood, Lowry, Starbuck, Sedan and Villard. To strengthen the educational system of the school district.

Program Services

DescriptionGrantsExpenses
The foundation donated funds to the Minnewaska Area School District #2149 to help cover the shortfall for extra curricular expenses for students in athletics, academic organizations, music and arts. This donation totalled $25,205. Over 1,000 students are served by the Minnewaska Area School District #2149 in grades K-12, and the majority of those students benefit from the donations and activities of the Minnewaska Laker Foundation.$25,205-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARNA PETERSDirector-$0--
RICK EKSTRANDPresidentPT$0--
KATHY JACOBSDirector-$0--
DONNA BRAATENSecretary-$0--
JUSTIN ZAVADILDirector-$0--
BRIDGET GALLAGHERDirector-$0--
ROBERT HENDRICKSONDirector-$0--
BARBARA OSTRANDERVice PresidentPT$0--
SHEILA PFENINGERTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Laker Classic Golf$13,832$13,832$2,693$11,139
Wine Tasting Event$7,970$7,970$2,103$5,867
Total Events$29,167$29,167$15,823$13,344
Filing and Contact Details

Filer

Filer Name
Minnewaska Laker Foundation
EIN
71-1041194
Phone
3206343778
Address
25122 ST HWY 28, GLENWOOD, MN 56334

Signing Officer

Name
Richard Ekstrand
Title
President
Signed
2016-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Anfinson Thompson & Company PA
Address
1604 South 1st Street, Willmar, MN 56201
Preparer
Mark Thompson
Phone
3202357491
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: MINNEWASKA AREA SCHOOL DISTRICT #2149 | Donee's Address: 25122 ST HWY 28 GLENWOOD MN 56334 | Relationship of Donee: NONE | Cash Amount Given: $25205

Other Expenses.1001

Advertising and Promotion $131

Other Expenses.1

CHAMBER DUES $140

Raw XML Appendix192 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0SHEILA PFENINGER
IRS990EZ/BooksInCareOfDetail/PhoneNum03205542735
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VILLARD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt078860
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KARNA PETERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK EKSTRAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHY JACOBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DONNA BRAATEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JUSTIN ZAVADIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRIDGET GALLAGHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT HENDRICKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BARBARA OSTRANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8SHEILA PFENINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0271
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To support, aid, promote, enhance and improve the activities programs (including athletics, fine arts, music and academic activities) of the Minnewaska Area School District # 2149 in Pope County, Minnesota. To enhance and secure student opportunities to participate in activities and to strengthen the relationship that exists between the school district, it's alumni and the communities that it serves, including Glenwood, Lowry, Starbuck, Sedan and Villard. To strengthen the educational system of the school district.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The foundation donated funds to the Minnewaska Area School District #2149 to help cover the shortfall for extra curricular expenses for students in athletics, academic organizations, music and arts. This donation totalled $25,205. Over 1,000 students are served by the Minnewaska Area School District #2149 in grades K-12, and the majority of those students benefit from the donations and activities of the Minnewaska Laker Foundation.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025205
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt015823
IRS990EZ/SpecialEventsNetIncomeLossAmt013344
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025501
IRS990EZ/TotalProgramServiceExpensesAmt025205
IRS990EZ/TotalRevenueAmt036753
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.minnewaskalakerfoundation.org
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022800
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0888
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013344
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt019933
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019547
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt025673
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt033110
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0111607
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49970
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030357
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0112368
IRS990ScheduleA/TotalSupportAmt0224863
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015823
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LAKER CLASSIC GOLF
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WINE TASTING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013832
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07970
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07365
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013832
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07970
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07365
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02103
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: MINNEWASKA AREA SCHOOL DISTRICT #2149 | Donee's Address: 25122 ST HWY 28 GLENWOOD MN 56334 | Relationship of Donee: NONE | Cash Amount Given: $25205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHAMBER DUES $140
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD EKSTRAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNEWASKA LAKER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0711041194
ReturnHeader/Filer/PhoneNum03206343778
ReturnHeader/Filer/USAddress/AddressLine1Txt025122 ST HWY 28
ReturnHeader/Filer/USAddress/CityNm0GLENWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056334
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anfinson Thompson & Company PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01604 South 1st Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056201
ReturnHeader/PreparerPersonGrp/PhoneNum03202357491
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK THOMPSON
ReturnHeader/ReturnTs02016-10-13T12:25:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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.$2.83$0.19$2.64$2.32$0.04$2.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.19$0.31$0.14$0.04$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.22$0.21$0.38$0.01$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.26$0.15$0.07$0.03$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.31$0.18$0.04$0.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.34$0.20$0.05$0.37$0.32
2018Summary only. Only limited summary data is available for this year.$0.12$0.00$0.04$0.02$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.03$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.04$0.01$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.04$0.02$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.04$0.05$0.01
2012Summary only. Only limited summary data is available for this year.$0.06$0.02$0.06$0.07$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.03$0.04$0.07$0.06$0.02