Civic Intelligence

Nwhsu Student Senate

990 • Fiscal year 2017 • EIN 81-3779979

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 09, 2018

2501 W 84th StreetBloomington, MN 55431

(952) 888-4777

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$86,133

No earlier filing loaded for comparison.

Net Assets

$86,133

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$205,373

No earlier filing loaded for comparison.

Expenses

$119,240

No earlier filing loaded for comparison.

Net Income

$86,133

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $86,133Liabilities 2017: $0Net Assets 2017: $86,1332017Assets 2018: $124,681Liabilities 2018: $0Net Assets 2018: $124,6812018Assets 2019: $184,196Liabilities 2019: $0Net Assets 2019: $184,1962019Assets 2020: $173,420Liabilities 2020: $0Net Assets 2020: $173,4202020Assets 2021: $122,254Liabilities 2021: $0Net Assets 2021: $122,2542021Assets 2022: $142,389Liabilities 2022: $0Net Assets 2022: $142,3892022Assets 2023: $141,062Liabilities 2023: $0Net Assets 2023: $141,0622023Assets 2024: $38,176Liabilities 2024: $0Net Assets 2024: $38,1762024

Highlighted filing

2017

Assets$86,133
Liabilities$0
Net Assets$86,133

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2017: $205,373Expenses 2017: $119,240Net Income 2017: $86,1332017Revenue 2018: $146,191Expenses 2018: $107,643Net Income 2018: $38,5482018Revenue 2019: $155,978Expenses 2019: $96,463Net Income 2019: $59,5152019Revenue 2020: $92,362Expenses 2020: $103,138Net Income 2020: -$10,7762020Revenue 2021: $50Expenses 2021: $51,216Net Income 2021: -$51,1662021Revenue 2022: $101,492Expenses 2022: $81,357Net Income 2022: $20,1352022Revenue 2023: $101,913Expenses 2023: $103,240Net Income 2023: -$1,3272023Revenue 2024: $2,553Expenses 2024: $105,439Net Income 2024: -$102,8862024

Highlighted filing

2017

Revenue$205,373
Expenses$119,240
Net Income$86,133
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 9, 2018
Return Version
2016v3.0
Gross Receipts
$205,373
Mission and Program Overview

Mission

The mission of nwhsu student senate is to foster the enhancement of student and university life experience to prepare and inspire the next generation of healthcare professionals.

The nwhsu student senate organizes, manages and disburses funds for student clubs and social activities for students. They also act as the liaison between students and the school administration. They provide student government for a school of approximately 900 students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$86,133-
Total Assets$0$86,133▲ $86,133
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$86,133-
Total Net Assets Fund Balance$0$86,133▲ $86,133
Total Liabilities and Net Assets / Fund Balance$0$86,133▲ $86,133
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$205,373
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$86,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,240
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
Travel$20,300--$20,300
Conferences and Meetings-$15,636-$15,636
Office Expenses$3,516$5,761-$9,277
Advertising$2,359$2,598-$4,957
Fees for Services Legal-$3,764-$3,764
Other Expenses$63,938$646-$646
Insurance-$492-$492
Total Functional Expenses$90,113$29,127$0$119,240
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
Yes
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 1

The cabinet of the senate are responsible for day to day workings and emergency decisions required for the senate. The cabinet is comprised of 8 members of the senate.

Form 990, Part VI, Section A, Line 6

All students registered with northwestern health sciences university are members.

Form 990, Part VI, Section A, Line 7A

All students registered with nwhsu are members and are entitled to one voting ballot in the election for their class representative to the senate. They are also entitled to one vote at the general meeting of the senate.

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

Upon completion, the form 990 was distributed to the cabinet of the student senate for review. The completed form is provided to all senate members for their review and acceptance prior to filing.

Form 990, Part VI, Section B, Line 12C

Each director and officer shall complete, sign and deliver to the president a conflicts of interest policy annual statement and a confidentiality agreement at the time of his or her initial election or appointment and annually thereafter. The president may also require the foregoing from such other key management employees as the president shall determine is necessary. The conflicts of interest policy annual statement and confidentiality agreement shall be in such forms as are deemed appropriate by the president with advice from this corporation's counsel.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nwhsu Student Senate
EIN
81-3779979
Phone
9528884777
Address
2501 W 84TH STREET, BLOOMINGTON, MN 55431

Signing Officer

Name
Larissa Kempf
Title
Treasurer
Phone
9528855465
Signed
2018-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brittany Schmidt
Formed
2016
Legal Domicile
Mn
Voting Board Members
40
Independent Board Members
40
Employees
0
Volunteers
40

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Larry Adams
Phone
6123764500
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IRS990/MissionDesc0THE MISSION OF NWHSU STUDENT SENATE IS TO FOSTER THE ENHANCEMENT OF STUDENT AND UNIVERSITY LIFE EXPERIENCE TO PREPARE AND INSPIRE THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS.
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