Civic Intelligence

Storyark

990EZ • Fiscal year 2022 • EIN 81-3780329

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 20, 2023

640 Main St N Ste 34Stillwater, MN 55082

(651) 351-0804

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$28,355

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

88th percentile

72%

Faster asset growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-11%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$137,540

Up $57,413 (+72%) from 2021

Net Assets

Up

$137,540

Up $57,413 (+72%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$177,184

Down $21,771 (-11%) from 2021

Expenses

Down

$119,771

Down $71,009 (-37%) from 2021

Net Income

Up

$57,413

Up $49,238 (+602%) from 2021

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

2022

Assets$137,540
Liabilities$0
Net Assets$137,540

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

2022

Revenue$177,184
Expenses$119,771
Net Income$57,413
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 20, 2023
Return Version
2021v4.0
Gross Receipts
$177,184
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.-$96,788
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANI ATKINSExecutive DiPT$28,355-$28,355
KIM GUALTIERITreasurer-$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 STE 34, STILLWATER, MN 55082

Signing Officer

Name
Stephani Atkins
Title
Executive Director
Phone
6513510804
Signed
2023-02-20
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 8

Irs payroll tax reimbursement 20,124 total 20,124

Form 990-ez, Part I, Line 16

Expenses marketing 191 office supplies 314 information technology 2,828 meeting expense 178 insurance - liability, d and 529 insurance - worker's comp 293 development/training 178 awards 3,650 bank/credit card fees 123 equipment purchased 1,628 adp fees 2,843 dues & membership 396 registration fees/license 25 meals/entertainment 993 student programming meals 1,455 networking 50 non-investment depreciation 97 total 15,771

Form 990-ez, Part II, Line 24

Accounts receivable 1,200 28,412 prepaid expenses and deferred charges 838 818 apple computer 0 2,899 less accumulated depreciation 0 97 intellectual property 2,595 2,595 less accumulated amortization 923 1,009 total 3,710 33,618

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/ExplanationTxt0IRS PAYROLL TAX REIMBURSEMENT 20,124 TOTAL 20,124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 191 OFFICE SUPPLIES 314 INFORMATION TECHNOLOGY 2,828 MEETING EXPENSE 178 INSURANCE - LIABILITY, D AND 529 INSURANCE - WORKER'S COMP 293 DEVELOPMENT/TRAINING 178 AWARDS 3,650 BANK/CREDIT CARD FEES 123 EQUIPMENT PURCHASED 1,628 ADP FEES 2,843 DUES & MEMBERSHIP 396 REGISTRATION FEES/LICENSE 25 MEALS/ENTERTAINMENT 993 STUDENT PROGRAMMING MEALS 1,455 NETWORKING 50 NON-INVESTMENT DEPRECIATION 97 TOTAL 15,771
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1,200 28,412 PREPAID EXPENSES AND DEFERRED CHARGES 838 818 APPLE COMPUTER 0 2,899 LESS ACCUMULATED DEPRECIATION 0 97 INTELLECTUAL PROPERTY 2,595 2,595 LESS ACCUMULATED AMORTIZATION 923 1,009 TOTAL 3,710 33,618
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 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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