Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Assets
Down$12,035
Down $4,088 (-25%) from 2019
Net Assets
$11,826
No earlier filing loaded for comparison.
Liabilities
Up$209
Up $209 from 2019
Revenue
Down$24,002
Down $22,880 (-49%) from 2019
Expenses
Down$28,299
Down $1,536 (-5.1%) from 2019
Net Income
Down-$4,297
Down $21,344 (-125%) from 2019
The minnwest technology's purpose is to provide scholarships for students going into stem (science, technology, engineering, math) fields, to promote stem in our region, and to provide community enrichment opportunities. The foundation will also promote advancement in the fields of biotechnology, bio-science, agri-business, renewable energy, engineering and chemistry for the state of minnesota. The minnwest technology foundation hopes that the long-term benefits will include a stronger pool of employees in this area and within the state of minnesota, which, in turn, will make the state more competitive within the aforementioned fields of industry.
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| AG AND ANIMAL SCIENCE CONFERENCE | - | $23,070 |
| OTHER PROGRAM SERVICE EXPENSES-SCHOLARSHIPS AND MISC. | $2,000 | $2,000 |
| COMMUNITY DEVELOPMENT- YMCA CAPITAL CAMPAIGN | $1,000 | $1,000 |
| KANDIYOHI CTY. AND CITY OF WILLMAR ECONOMIC DEVELOPMENT COMMISSION - STUDENT CEO PROGRAM-DONATION/SPONSORSHIPS | $350 | $350 |
| UNIVERSITYOF MINN. STEM PROGRAM- DONATION OF FUNDS FOR TECHNOLOGY EQUIP. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES SIEBEN | President | - | $0 | - | - |
| BETH WOSMEK | CFO Treasurer | - | $0 | - | - |
| SCOTT NORLING | Secretary | - | $0 | - | - |
| MARC GORANS | Director | - | $0 | - | - |
| KIM GORANS | Director | - | $0 | - | - |
| RICHARD HUISINGA | Director | - | $0 | - | - |
“OTHER PROGRAM SERVICE EXPENSES-SCHOLARSHIPS AND MISC. Grants and allocations 2,000, Program service expenses 2,000”
“KANDIYOHI CTY. AND CITY OF WILLMAR ECONOMIC DEVELOPMENT COMMISSION - STUDENT CEO PROGRAM-DONATION/SPONSORSHIPS Grants and allocations 350, Program service expenses 350”
“Conferences, conventions, and meetings 23,070”
“BANK CHARGES 69”
“ADVERTISING 75”
“CONTRACT ADMIN COSTS 360”
“ACCOUNTS PAYABLE Beginning of year 0, End of year 209”
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/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
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| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 15 |
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| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 189195 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER PROGRAM SERVICE EXPENSES-SCHOLARSHIPS AND MISC. Grants and allocations 2,000, Program service expenses 2,000 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Conferences, conventions, and meetings 23,070 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BANK CHARGES 69 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ADVERTISING 75 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONTRACT ADMIN COSTS 360 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ACCOUNTS PAYABLE Beginning of year 0, End of year 209 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part II, Line 26, Liabilities |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BETH WOSMEK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-01-19 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | WILLMAR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56201 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2015 1ST ST SO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WILLMAR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56201 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3202351002 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-01-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES M RUFF cpa |
| ReturnHeader/ReturnTs | 0 | 2021-01-19T03:13:28-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-09-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.