Civic Intelligence

Storyark

990EZ • Fiscal year 2020 • EIN 81-3780329

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 09, 2021

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

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

31st percentile

-6.9%

Higher net margin than 31% of similar nonprofits.

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

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.

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

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

61st percentile

-2.5%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Down

$73,486

Down $16,539 (-18%) from 2019

Net Assets

Down

$71,952

Down $12,103 (-14%) from 2019

Liabilities

Down

$1,534

Down $4,436 (-74%) from 2019

Revenue

Down

$176,558

Down $4,583 (-2.5%) from 2019

Expenses

Up

$188,661

Up $48,580 (+35%) from 2019

Net Income

Down

-$12,103

Down $53,163 (-129%) from 2019

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

2020

Assets$73,486
Liabilities$1,534
Net Assets$71,952

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

2020

Revenue$176,558
Expenses$188,661
Net Income-$12,103
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 9, 2021
Return Version
2020v4.0
Gross Receipts
$178,500
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.-$155,071
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANI ATKINSExecutive DiPT$0--
RENEE CVEYKUSSecretary-$0--
STEVE FORSETHTreasurer-$0--
JIM LINKBoard Member-$0--
MICHAEL SMITHChair-$0--
DAN AJAKBoard Member-$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
2021-09-09
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 207 office supplies 208 digital expenses 2,276 telephone/internet 1,419 mileage expense 1,515 travel 10 uber/lyft 1,437 meeting expense 106 insurance - liability, d and 2,418 insurance - worker's comp 506 development/training 180 awards 64 bank/credit card fees 387 equipment purchased 25,964 meals & snacks 613 rental - classroom 2,813 program supplies 1,668 in-kind expenses 3,210 adp fees 1,613 program event - catering 492 program event - rental 450 total 47,556

Form 990-ez, Part II, Line 24

Accounts receivable 0 13,775 prepaid expenses and deferred charges 982 0 intellectual property 2,595 2,595 less accumulated amortization 577 750 security deposit 750 0 total 3,750 15,620

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 81 1,391 payroll liabilities: fica withholdin 942 0 payroll liabilities: federal withhol 405 0 payroll liabilities: mn unemployment 228 0 payroll liabilties: mn withholding 1,812 0 accrued payroll:accrued vacation pay 2,502 143

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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IRS990EZ/PrimaryExemptPurposeTxt0STORYARK 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 207 OFFICE SUPPLIES 208 DIGITAL EXPENSES 2,276 TELEPHONE/INTERNET 1,419 MILEAGE EXPENSE 1,515 TRAVEL 10 UBER/LYFT 1,437 MEETING EXPENSE 106 INSURANCE - LIABILITY, D AND 2,418 INSURANCE - WORKER'S COMP 506 DEVELOPMENT/TRAINING 180 AWARDS 64 BANK/CREDIT CARD FEES 387 EQUIPMENT PURCHASED 25,964 MEALS & SNACKS 613 RENTAL - CLASSROOM 2,813 PROGRAM SUPPLIES 1,668 IN-KIND EXPENSES 3,210 ADP FEES 1,613 PROGRAM EVENT - CATERING 492 PROGRAM EVENT - RENTAL 450 TOTAL 47,556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 13,775 PREPAID EXPENSES AND DEFERRED CHARGES 982 0 INTELLECTUAL PROPERTY 2,595 2,595 LESS ACCUMULATED AMORTIZATION 577 750 SECURITY DEPOSIT 750 0 TOTAL 3,750 15,620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 81 1,391 PAYROLL LIABILITIES: FICA WITHHOLDIN 942 0 PAYROLL LIABILITIES: FEDERAL WITHHOL 405 0 PAYROLL LIABILITIES: MN UNEMPLOYMENT 228 0 PAYROLL LIABILTIES: MN WITHHOLDING 1,812 0 ACCRUED PAYROLL:ACCRUED VACATION PAY 2,502 143
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02021-09-13T10:17:05-05:00
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