Civic Intelligence

Storyark

990EZ • Fiscal year 2021 • EIN 81-3780329

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

43rd percentile

4.1%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$41,599

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

55th percentile

9.0%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

13%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$80,127

Up $6,641 (+9.0%) from 2020

Net Assets

Up

$80,127

Up $8,175 (+11%) from 2020

Liabilities

Down

$0

Down $1,534 (-100%) from 2020

Revenue

Up

$198,955

Up $22,397 (+13%) from 2020

Expenses

Up

$190,780

Up $2,119 (+1.1%) from 2020

Net Income

Up

$8,175

Up $20,278 (+168%) from 2020

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

2021

Assets$80,127
Liabilities$0
Net Assets$80,127

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

2021

Revenue$198,955
Expenses$190,780
Net Income$8,175
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$198,955
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.$26,567$164,374
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANI ATKINSExecutive DiPT$41,599-$41,599
KIM GUALTIERITreasurer-$0--
JIM LINKBoard Member-$0--
E NAHKALABoard Member-$0--
LESLEE MENJIVARBoard Member-$0--
LATWANNA WILLIAMSBoard Member-$0--
CORNELIUS RISHBoard Member-$0--
MARIA-RENEE GRIGSBYBoard Member-$0--
DAN AJAKBoard Chair-$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
2022-05-16
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 10

Noncash contribution: 26,567

Form 990-ez, Part I, Line 16

Expenses marketing 161 office supplies 2,595 information technology 5,595 travel 232 meeting expense 241 insurance - liability, d and 2,225 insurance - worker's comp 475 development/training 75 awards 652 bank/credit card fees 182 equipment purchased 161 adp fees 1,696 dues & membership 1,181 registration fees/license 25 total 15,496

Form 990-ez, Part II, Line 24

Accounts receivable 13,775 1,200 prepaid expenses and deferred charges 0 838 intellectual property 2,595 2,595 less accumulated amortization 750 923 total 15,620 3,710

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,391 0 accrued payroll:accrued vacation pay 143 0

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/ExplanationTxt0NONCASH CONTRIBUTION: 26,567
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 161 OFFICE SUPPLIES 2,595 INFORMATION TECHNOLOGY 5,595 TRAVEL 232 MEETING EXPENSE 241 INSURANCE - LIABILITY, D AND 2,225 INSURANCE - WORKER'S COMP 475 DEVELOPMENT/TRAINING 75 AWARDS 652 BANK/CREDIT CARD FEES 182 EQUIPMENT PURCHASED 161 ADP FEES 1,696 DUES & MEMBERSHIP 1,181 REGISTRATION FEES/LICENSE 25 TOTAL 15,496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 13,775 1,200 PREPAID EXPENSES AND DEFERRED CHARGES 0 838 INTELLECTUAL PROPERTY 2,595 2,595 LESS ACCUMULATED AMORTIZATION 750 923 TOTAL 15,620 3,710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,391 0 ACCRUED PAYROLL:ACCRUED VACATION PAY 143 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STORYARK 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/ExplanationTxt51. 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 II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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