Civic Intelligence

Tesfa Foundation

990EZ • Fiscal year 2014 • EIN 75-3168235

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 03, 2015

1516 West Lake Street55408

(612) 354-2184

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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

2nd percentile

-505%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-91%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$100,577

Down $42,725 (-30%) from 2013

Net Assets

Down

$100,577

Down $42,725 (-30%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$8,455

Down $90,400 (-91%) from 2013

Expenses

Down

$51,180

Down $11,588 (-18%) from 2013

Net Income

Down

-$42,725

Down $78,812 (-218%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $29,538Liabilities 2011: $02011Assets 2012: $107,133Liabilities 2012: $0Net Assets 2012: $107,1332012Assets 2013: $143,302Liabilities 2013: $0Net Assets 2013: $143,3022013Assets 2014: $100,577Net Assets 2014: $100,5772014Assets 2015: $44,399Net Assets 2015: $44,3992015Assets 2016: $8,143Net Assets 2016: $8,1432016Assets 2017: $73,061Net Assets 2017: $73,0612017Assets 2018: $78,170Net Assets 2018: $78,1702018Assets 2019: $43,554Liabilities 2019: $0Net Assets 2019: $43,5542019Assets 2020: $143,030Liabilities 2020: $0Net Assets 2020: $143,0302020Assets 2021: $131,586Liabilities 2021: $0Net Assets 2021: $131,5862021Assets 2022: $240,996Liabilities 2022: $0Net Assets 2022: $240,9962022Assets 2023: $120,493Liabilities 2023: $0Net Assets 2023: $120,4932023Assets 2024: $18,484Liabilities 2024: $0Net Assets 2024: $18,4842024

Highlighted filing

2014

Assets$100,577
Liabilities-
Net Assets$100,577

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $75,174Expenses 2011: $82,683Net Income 2011: -$7,5092011Revenue 2012: $152,624Expenses 2012: $75,029Net Income 2012: $77,5952012Revenue 2013: $98,855Expenses 2013: $62,768Net Income 2013: $36,0872013Revenue 2014: $8,455Expenses 2014: $51,180Net Income 2014: -$42,7252014Revenue 2015: $2,132Expenses 2015: $58,310Net Income 2015: -$56,1782015Revenue 2016: $690Expenses 2016: $36,946Net Income 2016: -$36,2562016Revenue 2017: $83,092Expenses 2017: $18,174Net Income 2017: $64,9182017Revenue 2018: $77,732Expenses 2018: $72,636Net Income 2018: $5,0962018Revenue 2019: $69,944Expenses 2019: $104,546Net Income 2019: -$34,6022019Revenue 2020: $211,547Expenses 2020: $112,071Net Income 2020: $99,4762020Revenue 2021: $103,606Expenses 2021: $115,050Net Income 2021: -$11,4442021Revenue 2022: $263,847Expenses 2022: $154,437Net Income 2022: $109,4102022Revenue 2023: $77,420Expenses 2023: $197,923Net Income 2023: -$120,5032023Revenue 2024: $87,977Expenses 2024: $189,986Net Income 2024: -$102,0092024

Highlighted filing

2014

Revenue$8,455
Expenses$51,180
Net Income-$42,725
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 3, 2015
Return Version
2013v4.0
Gross Receipts
$8,455
Mission and Program Overview

Mission

The Tesfa Foundation strengthens families and communities in Ethiopia by funding school construction, supporting education, and investing in sports for development.

Program Services

DescriptionGrantsExpenses
Fiscal Year 2014 saw two school openings in the villages of Azedebo and Fundame, villages not far from the city Durame, working in partnership with Ethiopia Reads. These facilities are kindergartens and early-grades libraries, built and staffed by ER to serve existing primary school communities. The kindergartens serve more than 200 children each. Team Tesfa is an athletics club with a difference. The runners on the team are encouraged to pursue athletic excellence, but they are also encouraged to pursue personal growth, particularly in the realm of education and vocational skills.Since 2007, Team Tesfa has provided education and opportunity to young athletes in Ethiopia. Team Tesfa is a track and field and cross country team officially registered with the Addis Ababa Athletics Federation, competing with other local and national clubs. Some 50-60 young athletes train or compete under the banner of Team Tesfa. What makes this club different is its commitment to a longer view. We hope to establish a standard of respect for the dignity of young athletes, and offering chances to build skills for the time after competition.Team Tesfa supports athletes with school tuition, creating vocational skills training through cafe and sewing programs; by inviting charitable programming in from agencies like Tesfa-UK and Ethiopia Reads in the US.Tesfa piloted a new project among athletes of Team Tesfa, a project called Women Athletes for Literacy and Learning, in which athletes were placed in school libraries to mentor children and be mentored by education professionals. A great deal of time and work was put into reorganizing and improving organization structures both in the US and in Ethiopia.$50,868-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dana RoskeyBoard Chair-$0--
Jeff GrierTreasurer-$0--
Julie CorbyDirector-$0--
Scott WolfDirector-$0--
Filing and Contact Details

Filer

EIN
75-3168235
Phone
6123542184

Signing Officer

Name
Jeffrey Grier
Title
Treasurer
Signed
2015-02-03
Discuss with paid preparer
Yes

Preparer

Preparer
J Donovan Carpenter
Phone
9528310085
Supplemental Narrative

Additional Explanations

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

| Donee's Name: Ethiopia Reads | Donee's Address: 1516 West Lake Street, Suite 107 Minneapolis, MN 55408 | Cash Amount Given: $49182

Other Expenses.1002

Office Expenses $500

Other Expenses.1003

Information Technology $295

Other Expenses.1

Other Grant Expense $1050

Other Expenses.2

Bank charges and interest $153

Raw XML Appendix162 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Scott Wolf
IRS990EZ/BooksInCareOfDetail/PhoneNum06123542184
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101516 West Lake Street Suite 107
IRS990EZ/BooksInCareOfDetail/USAddress/City0Minneaplois
IRS990EZ/BooksInCareOfDetail/USAddress/State0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode055408
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0143302
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0100577
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08455
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-42725
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0143302
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0100577
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt049182
IRS990EZ/GrossReceiptsAmt08455
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0143302
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0100577
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0143302
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0100577
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dana Roskey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeff Grier
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Julie Corby
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Scott Wolf
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01998
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Tesfa Foundation strengthens families and communities in Ethiopia by funding school construction, supporting education, and investing in sports for development.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fiscal Year 2014 saw two school openings in the villages of Azedebo and Fundame, villages not far from the city Durame, working in partnership with Ethiopia Reads. These facilities are kindergartens and early-grades libraries, built and staffed by ER to serve existing primary school communities. The kindergartens serve more than 200 children each. Team Tesfa is an athletics club with a difference. The runners on the team are encouraged to pursue athletic excellence, but they are also encouraged to pursue personal growth, particularly in the realm of education and vocational skills.Since 2007, Team Tesfa has provided education and opportunity to young athletes in Ethiopia. Team Tesfa is a track and field and cross country team officially registered with the Addis Ababa Athletics Federation, competing with other local and national clubs. Some 50-60 young athletes train or compete under the banner of Team Tesfa. What makes this club different is its commitment to a longer view. We hope to establish a standard of respect for the dignity of young athletes, and offering chances to build skills for the time after competition.Team Tesfa supports athletes with school tuition, creating vocational skills training through cafe and sewing programs; by inviting charitable programming in from agencies like Tesfa-UK and Ethiopia Reads in the US.Tesfa piloted a new project among athletes of Team Tesfa, a project called Women Athletes for Literacy and Learning, in which athletes were placed in school libraries to mentor children and be mentored by education professionals. A great deal of time and work was put into reorganizing and improving organization structures both in the US and in Ethiopia.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050868
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051180
IRS990EZ/TotalProgramServiceExpensesAmt050868
IRS990EZ/TotalRevenueAmt08455
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.tesfa.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt079377
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt079377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt060642
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152599
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075174
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt074734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0371604
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt038213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt038213
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80630
IRS990ScheduleA/PublicSupportPY509Pct00.82051
IRS990ScheduleA/PublicSupportTotal509Amt0330440
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt079377
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt079377
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08455
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt098855
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152599
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt075174
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt074734
IRS990ScheduleA/Total509Grp/TotalAmt0409817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt098855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152599
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt075174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt074734
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0409817
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Ethiopia Reads | Donee's Address: 1516 West Lake Street, Suite 107 Minneapolis, MN 55408 | Cash Amount Given: $49182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other Grant Expense $1050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES AND INTEREST $153
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffrey Grier
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10TESFA Foundation
ReturnHeader/Filer/BusinessNameControlTxt0TESF
ReturnHeader/Filer/EIN0753168235
ReturnHeader/Filer/PhoneNum06123542184
ReturnHeader/Filer/USAddress/AddressLine101516 West Lake Street
ReturnHeader/Filer/USAddress/City0Minneapolis
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055408
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Carpenter Evert & Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine107760 France Ave S 940
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Bloomington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode055435
ReturnHeader/PreparerPersonGrp/PhoneNum09528310085
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Donovan Carpenter
ReturnHeader/ReturnTs02015-02-03T12:46:53-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.88$1.90$1.02
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.77$1.98$1.21
2022Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$2.64$1.54$1.09
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.04$1.15$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$2.12$1.12$0.99
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.70$1.05$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.78$0.78$0.73$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.83$0.18$0.65
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.01$0.37$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.02$0.58$0.56
2014Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.08$0.51$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.99$0.63$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$1.53$0.75$0.78
2011Summary only. Only limited summary data is available for this year.$0.30$0.00$0.75$0.83$0.08