Civic Intelligence

Storyark

990EZ • Fiscal year 2019 • EIN 81-3780329

Jan 01, 2019 to Dec 31, 2019 • Filed on May 13, 2020

640 Main St N Suite 34Stillwater, MN 55082

(651) 351-0804

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

78th percentile

23%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

101%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

94%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$90,025

Up $45,240 (+101%) from 2018

Net Assets

Up

$84,055

Up $41,060 (+95%) from 2018

Liabilities

Up

$5,970

Up $4,180 (+234%) from 2018

Revenue

Up

$181,141

Up $87,952 (+94%) from 2018

Expenses

Up

$140,081

Up $59,781 (+74%) from 2018

Net Income

Up

$41,060

Up $28,171 (+219%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $44,785Liabilities 2018: $1,790Net Assets 2018: $42,9952018Assets 2019: $90,025Liabilities 2019: $5,970Net Assets 2019: $84,0552019Assets 2020: $73,486Liabilities 2020: $1,534Net Assets 2020: $71,9522020Assets 2021: $80,127Liabilities 2021: $0Net Assets 2021: $80,1272021Assets 2022: $137,540Liabilities 2022: $0Net Assets 2022: $137,5402022Assets 2023: $75,232Liabilities 2023: $2,184Net Assets 2023: $73,0482023Assets 2024: $117,627Liabilities 2024: $1,872Net Assets 2024: $115,7552024

Highlighted filing

2019

Assets$90,025
Liabilities$5,970
Net Assets$84,055

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $93,189Expenses 2018: $80,300Net Income 2018: $12,8892018Revenue 2019: $181,141Expenses 2019: $140,081Net Income 2019: $41,0602019Revenue 2020: $176,558Expenses 2020: $188,661Net Income 2020: -$12,1032020Revenue 2021: $198,955Expenses 2021: $190,780Net Income 2021: $8,1752021Revenue 2022: $177,184Expenses 2022: $119,771Net Income 2022: $57,4132022Revenue 2023: $250,471Expenses 2023: $314,963Net Income 2023: -$64,4922023Revenue 2024: $363,947Expenses 2024: $321,240Net Income 2024: $42,7072024

Highlighted filing

2019

Revenue$181,141
Expenses$140,081
Net Income$41,060
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 13, 2020
Return Version
2019v5.0
Gross Receipts
$181,141
Mission and Program Overview

Mission

Storyark provides a variety of creative programming for youth, allowing them to tell their story through their chosen medium - whether that be a novel, poetry, film, song, podcast or anything else they can dream up. Student inspired, relationship driven, community supported, and inter- generational in its leadership, storyark provides a safe place for students to challenge themselves, spark their imaginations and learn about the art of storytelling. Through storyark, students in grades six through twelve pursue their passion for storytelling through classes, workshops, writing clubs and a literary journal while developing communication, collaboration and leadership skills.

Program Services

DescriptionGrantsExpenses
1. PROVIDE EDUCATIONAL OPPORTUNITIES, TRAINING, AND MENTORSHIP REGARDING THE ART OF STORYTELLING. 2. PROVIDE AN OPPORTUNITY TO DEVELOP THE ART OF STORYTELLING WITHIN AND BETWEEN DIVERSE COMMUNITIES. 3. SUPPORT THE ART OF STORYTELLING TO LOCAL COMMUNITIES THROUGH VARIOUS MEDIUMS BY ENABLING PLATFORMS THAT PROVIDE AN OPPORTUNITY FOR STORIES TO BE HEARD. 4. PROVIDE FACILITIES, ADMINISTRATIVE SERVICES, COORDINATION, FACILITATION AND OTHER SUPPORT FUNCTIONS TO CARRY OUT THE OPERATIONS TO INDIVIDUALS AND ORGANIZATIONS.-$109,871
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANI ATKINSExecutive DiPT$0--
RENEE CVEYKUSSecretary-$0--
JULIE FINCHBoard Member-$0--
STEVE FORSETHTreasurer-$0--
JIM LINKBoard Member-$0--
BEVERLY PETRIEBoard Member-$0--
MICHAEL SMITHChair-$0--
Filing and Contact Details

Filer

Filer Name
Storyark
EIN
81-3780329
Phone
6513510804
Address
640 MAIN ST N SUITE 34, STILLWATER, MN 55082

Signing Officer

Name
Stephani Atkins
Title
Executive Director
Phone
6513510804
Signed
2020-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Foley Kalseim & Company Ltd
Address
12415 55TH ST N, LAKE ELMO, MN 55042-8462
Preparer
Theresa Schuknecht CPA
Phone
6514303635
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 1,506 office supplies 2,384 digital expenses 2,850 telephone/internet 1,176 computer 1,598 mileage expense 1,565 travel 215 uber/lyft 2,296 meeting expense 283 insurance - liability, d and 2,269 insurance - worker's comp 478 dues & membership 340 development/training 29 awards 250 bank/credit card fees 169 equipment purchased 3,312 meals & snacks 2,780 miscellaneous expense 110 rental - classroom 4,938 program supplies 1,712 registration fees/license 25 total 30,285

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 662 982 intellectual property 2,595 2,595 less accumulated amortization 404 577 security deposit 0 750 total 2,853 3,750

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 288 81 payroll liabilities: fica withholdin 330 942 payroll liabilities: federal withhol 128 405 payroll liabilities: mn unemployment 116 228 payroll liabilties: mn withholding 280 1,812 accrued payroll:accrued vacation pay 648 2,502

Form 990-ez, Part III

Storyark provides a variety of creative programming for youth, allowing them to tell their story through their chosen medium - whether that be a novel, poetry, film, song, podcast or anything else they can dream up. Student inspired, relationship driven, community supported, and inter- generational in its leadership, storyark provides a safe place for students to challenge themselves, spark their imaginations and learn about the art of storytelling. Through storyark, students in grades six through twelve pursue their passion for storytelling through classes, workshops, writing clubs and a literary journal while developing communication, collaboration and leadership skills.

Form 990-ez, Part III, Line 28

1. Provide educational opportunities, training, and mentorship regarding the art of storytelling. 2. Provide an opportunity to develop the art of storytelling within and between diverse communities. 3. Support the art of storytelling to local communities through various mediums by enabling platforms that provide an opportunity for stories to be heard. 4. Provide facilities, administrative services, coordination, facilitation and other support functions to carry out the operations to individuals and organizations.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 1,506 OFFICE SUPPLIES 2,384 DIGITAL EXPENSES 2,850 TELEPHONE/INTERNET 1,176 COMPUTER 1,598 MILEAGE EXPENSE 1,565 TRAVEL 215 UBER/LYFT 2,296 MEETING EXPENSE 283 INSURANCE - LIABILITY, D AND 2,269 INSURANCE - WORKER'S COMP 478 DUES & MEMBERSHIP 340 DEVELOPMENT/TRAINING 29 AWARDS 250 BANK/CREDIT CARD FEES 169 EQUIPMENT PURCHASED 3,312 MEALS & SNACKS 2,780 MISCELLANEOUS EXPENSE 110 RENTAL - CLASSROOM 4,938 PROGRAM SUPPLIES 1,712 REGISTRATION FEES/LICENSE 25 TOTAL 30,285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 662 982 INTELLECTUAL PROPERTY 2,595 2,595 LESS ACCUMULATED AMORTIZATION 404 577 SECURITY DEPOSIT 0 750 TOTAL 2,853 3,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 288 81 PAYROLL LIABILITIES: FICA WITHHOLDIN 330 942 PAYROLL LIABILITIES: FEDERAL WITHHOL 128 405 PAYROLL LIABILITIES: MN UNEMPLOYMENT 116 228 PAYROLL LIABILTIES: MN WITHHOLDING 280 1,812 ACCRUED PAYROLL:ACCRUED VACATION PAY 648 2,502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STORYARK PROVIDES A VARIETY OF CREATIVE PROGRAMMING FOR YOUTH, ALLOWING THEM TO TELL THEIR STORY THROUGH THEIR CHOSEN MEDIUM - WHETHER THAT BE A NOVEL, POETRY, FILM, SONG, PODCAST OR ANYTHING ELSE THEY CAN DREAM UP. STUDENT INSPIRED, RELATIONSHIP DRIVEN, COMMUNITY SUPPORTED, AND INTER- GENERATIONAL IN ITS LEADERSHIP, STORYARK PROVIDES A SAFE PLACE FOR STUDENTS TO CHALLENGE THEMSELVES, SPARK THEIR IMAGINATIONS AND LEARN ABOUT THE ART OF STORYTELLING. THROUGH STORYARK, STUDENTS IN GRADES SIX THROUGH TWELVE PURSUE THEIR PASSION FOR STORYTELLING THROUGH CLASSES, WORKSHOPS, WRITING CLUBS AND A LITERARY JOURNAL WHILE DEVELOPING COMMUNICATION, COLLABORATION AND LEADERSHIP SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt41. PROVIDE EDUCATIONAL OPPORTUNITIES, TRAINING, AND MENTORSHIP REGARDING THE ART OF STORYTELLING. 2. PROVIDE AN OPPORTUNITY TO DEVELOP THE ART OF STORYTELLING WITHIN AND BETWEEN DIVERSE COMMUNITIES. 3. SUPPORT THE ART OF STORYTELLING TO LOCAL COMMUNITIES THROUGH VARIOUS MEDIUMS BY ENABLING PLATFORMS THAT PROVIDE AN OPPORTUNITY FOR STORIES TO BE HEARD. 4. PROVIDE FACILITIES, ADMINISTRATIVE SERVICES, COORDINATION, FACILITATION AND OTHER SUPPORT FUNCTIONS TO CARRY OUT THE OPERATIONS TO INDIVIDUALS AND ORGANIZATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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