Civic Intelligence

The Beta Group

990EZ • Fiscal year 2016 • EIN 81-2227583

Mar 31, 2016 to Dec 31, 2016 • Filed on May 18, 2017

Organization ProfileWWW.BETA.MN
4405 Bryant Ave SMinneapolis, MN 55419

(612) 209-6691

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

77th percentile

$3,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

$34,924

No earlier filing loaded for comparison.

Net Assets

$34,924

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin91st percentile

Revenue

$72,660

No earlier filing loaded for comparison.

Expenses

$37,736

No earlier filing loaded for comparison.

Net Income

$34,924

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$100K$0-$100K-$200KAssets 2016: $34,924Liabilities 2016: $0Net Assets 2016: $34,9242016Assets 2017: $92,471Liabilities 2017: $0Net Assets 2017: $92,4712017Assets 2018: $151,631Liabilities 2018: $0Net Assets 2018: $151,6312018Assets 2019: $163,709Liabilities 2019: $9,380Net Assets 2019: $154,3292019Assets 2020: $157,595Liabilities 2020: $1,459Net Assets 2020: $156,1362020Assets 2021: $180,516Liabilities 2021: $2,709Net Assets 2021: $177,8072021Assets 2022: $25,434Liabilities 2022: $195,637Net Assets 2022: -$170,2032022Assets 2023: $53,852Liabilities 2023: $94,222Net Assets 2023: -$40,3702023Assets 2024: $69,252Liabilities 2024: $14,200Net Assets 2024: $55,0522024

Highlighted filing

2016

Assets$34,924
Liabilities$0
Net Assets$34,924
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2016: $72,660Expenses 2016: $37,736Net Income 2016: $34,9242016Revenue 2017: $216,014Expenses 2017: $158,468Net Income 2017: $57,5462017Revenue 2018: $402,093Expenses 2018: $342,933Net Income 2018: $59,1602018Revenue 2019: $639,444Expenses 2019: $635,400Net Income 2019: $4,0442019Revenue 2020: $502,721Expenses 2020: $500,914Net Income 2020: $1,8072020Revenue 2021: $708,466Expenses 2021: $685,558Net Income 2021: $22,9082021Revenue 2022: $508,586Expenses 2022: $902,129Net Income 2022: -$393,5432022Revenue 2023: $563,133Expenses 2023: $433,300Net Income 2023: $129,8332023Revenue 2024: $489,970Expenses 2024: $394,548Net Income 2024: $95,4222024

Highlighted filing

2016

Revenue$72,660
Expenses$37,736
Net Income$34,924
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Mar 31, 2016 to Dec 31, 2016
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$72,660
Mission and Program Overview

Mission

Promotion of any or all charitable, religious, educations, and scientific purposes contemplated by section 501(c)(3).

Program Services

DescriptionGrantsExpenses
TWIN CITIES STARTUP WEEK - A WEEK LONG CONFERENCE ENTAILING MANY DIFFERENT STARTUP EDUCATION EVENTS$0$14,953
BETA SHOWCASES - A SCIENCE FAIR STYLE EVENT, WHERE THE PUBLIC CAN MEET AND ENGAGE WITH 10-15 EMERGING START-UPS.$0$14,953
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NELS PEDERSONManaging DirectorFT$3,000-$3,000
REED ROBINSONDirector/PresidentPT$2,500-$2,500
RYAN BROSHARDirector/Treasurer-$0--
JUSTIN COXDirector/Vice President-$0--
Filing and Contact Details

Filer

Filer Name
The Beta Group
EIN
81-2227583
Phone
6122096691
Address
4405 BRYANT AVE S, MINNEAPOLIS, MN 55419

Signing Officer

Name
Reed Robinson
Title
President
Phone
6122096691
Signed
2017-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Lurie Llp
Address
2501 WAYZATA BOULEVARD, MINNEAPOLIS, MN 55405
Preparer
Nathan F Shubert
Phone
6123774404
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 9.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: programming costs. Amount: 23,047. Description: meals & entertainment. Amount: 565. Description: parking. Amount: 125. Description: banking fees. Amount: 44. Description: tech services. Amount: 265. Total to form 990-ez, line 16: 24,046.”

Raw XML Appendix156 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NELS PEDERSON
IRS990EZ/BooksInCareOfDetail/PhoneNum06122096691
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04405 BRYANT AVE S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055419
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034924
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt034924
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08190
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034924
IRS990EZ/GrossReceiptsAmt072660
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt09
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034924
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034924
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt340.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt33000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REED ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RYAN BROSHAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUSTIN COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NELS PEDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR/VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MANAGING DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt024046
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTION OF ANY OR ALL CHARITABLE, RELIGIOUS, EDUCATIONS, AND SCIENTIFIC PURPOSES CONTEMPLATED BY SECTION 501(C)(3).
IRS990EZ/ProgramServiceRevenueAmt072651
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TWIN CITIES STARTUP WEEK - A WEEK LONG CONFERENCE ENTAILING MANY DIFFERENT STARTUP EDUCATION EVENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BETA SHOWCASES - A SCIENCE FAIR STYLE EVENT, WHERE THE PUBLIC CAN MEET AND ENGAGE WITH 10-15 EMERGING START-UPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014953
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt114953
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt05500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt037736
IRS990EZ/TotalProgramServiceExpensesAmt029906
IRS990EZ/TotalRevenueAmt072660
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BETA.MN
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CHARITABLE ORGANIZATION WAS FORMED ON MARCH 31, 2017. NO EXISTENCE PRIOR TO THIS DATE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III SECTION 3 LINE 1
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt072651
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt072651
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt072651
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt072651
IRS990ScheduleA/Total509Grp/TotalAmt072651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072660
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt072660
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROGRAMMING COSTS. AMOUNT: 23,047. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 565. DESCRIPTION: PARKING. AMOUNT: 125. DESCRIPTION: BANKING FEES. AMOUNT: 44. DESCRIPTION: TECH SERVICES. AMOUNT: 265. TOTAL TO FORM 990-EZ, LINE 16: 24,046.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0REED ROBINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06122096691
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BETA GROUP
ReturnHeader/Filer/BusinessNameControlTxt0BETA
ReturnHeader/Filer/EIN0812227583
ReturnHeader/Filer/PhoneNum06122096691
ReturnHeader/Filer/USAddress/AddressLine1Txt04405 BRYANT AVE S
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055419
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0060ACE7C73256D959097C82B1BD9E866439D8FFE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A546B8B8A9B29F185C91DC793CA0C91AE0B23258
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.138.19.1
ReturnHeader/FilingSecurityInformation/IPDt02017-05-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:05:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410721734
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LURIE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02501 WAYZATA BOULEVARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055405
ReturnHeader/PreparerPersonGrp/PhoneNum06123774404
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN F SHUBERT
ReturnHeader/ReturnTs02017-06-20T08:29:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-03-31
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,924
Liabilities
$0
Net assets
$34,924
Revenue
$72,660
Expenses
$37,736
Net income
$34,924
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.14$0.55$4.90$3.95$0.95
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.94$0.40$5.63$4.33$1.30
2022Detailed filing. Detailed filing data is available for this year.$0.25$1.96$1.70$5.09$9.02$3.94
2021Detailed filing. Detailed filing data is available for this year.$1.81$0.03$1.78$7.08$6.86$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.01$1.56$5.03$5.01$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.09$1.54$6.39$6.35$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$4.02$3.43$0.59
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$2.16$1.58$0.58
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.73$0.38$0.35