Civic Intelligence

The Minneapolis Good Chair Project

EIN 81-3130211 • 501(c)3 • Minneapolis, MN

Profile

The organization will have chairs built that will be placed in numerous minneapolis parks. These chairs will enhance the life of minneapolis residents by creating a comfortable, welcoming environment to enjoy and engage with the nation's best urban park system and create community with others.

2100 James Avenue SouthMinneapolis, MN 55405

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

82%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

3.4%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$9,875

Up $4,443 (+82%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$9,875

Up $4,443 (+82%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin75th percentile

Revenue

Up

$21,701

Up $722 (+3.4%) from 2019

Expenses

Up

$17,258

Up $1,222 (+7.6%) from 2019

Net Income

Down

$4,443

Down $500 (-10%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2018: $489Liabilities 2018: $0Net Assets 2018: $4892018Assets 2019: $5,432Liabilities 2019: $0Net Assets 2019: $5,4322019Assets 2020: $9,875Liabilities 2020: $0Net Assets 2020: $9,8752020

Highlighted filing

2020

Assets$9,875
Liabilities$0
Net Assets$9,875
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2018: $219,500Expenses 2018: $219,011Net Income 2018: $4892018Revenue 2019: $20,979Expenses 2019: $16,036Net Income 2019: $4,9432019Revenue 2020: $21,701Expenses 2020: $17,258Net Income 2020: $4,4432020

Highlighted filing

2020

Revenue$21,701
Expenses$17,258
Net Income$4,443
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,875
Liabilities
$0
Net assets
$9,875
Revenue
$21,701
Expenses
$17,258
Net income
$4,443
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.22$0.17$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.21$0.16$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.20$2.19$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 8, 2021
Return Version
2020v4.1
Gross Receipts
$21,701
Mission and Program Overview

Mission

The organization will have chairs built that will be placed in numerous minneapolis parks. These chairs will enhance the life of minneapolis residents by creating a comfortable, welcoming environment to enjoy and engage with the nation's best urban park system and create community with others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,432$9,875▲ $4,443
Rtn Earn Endowment Incm Other Fnds$5,432$9,875▲ $4,443
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,432$9,875▲ $4,443
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,432$9,875▲ $4,443
Total Liabilities and Net Assets / Fund Balance$5,432$9,875▲ $4,443
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Sharon GorneyPresident
Thomas HochSecretary
Mark AddicksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,700
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$21,700
Change in Net Assets
$4,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,258
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,125-$2,125
Other Expenses$111--$111
Office Expenses$94--$94
Total Functional Expenses$15,133$2,125$0$17,258
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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

“Mark addicks and thomas hoch are married and and are both directors and officers of the applicant organization.”

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

“Form 990 is reviewed and signed by the treasurer.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
The Minneapolis Good Chair Project
EIN
81-3130211
Phone
6126695342
Address
2100 JAMES AVENUE SOUTH, MINNEAPOLIS, MN 55405

Signing Officer

Name
Mark Addicks
Title
Treasurer
Phone
6126695342
Signed
2021-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Addicks
Formed
2017
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
6

Preparer

Firm
Copeland Buhl & Company Pllp
Address
800 EAST WAYZATA BOULEVARD STE 300, WAYZATA, MN 55391-1766
Preparer
Mitchell Giese
Phone
9524767100
Raw XML Appendix287 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.

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ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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