Civic Intelligence

Venn Foundation

990 • Fiscal year 2021 • EIN 81-4476503

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 28, 2022

Organization ProfileWWW.VENNFOUNDATION.ORG
1900 Bohland AvenueSaint Paul, MN 55116

(612) 568-3204

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.14x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.24x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

29th percentile

$62,750

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

95th percentile

108%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

82%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$9,147,471

Up $4,744,576 (+108%) from 2020

Net Assets

Up

$7,882,820

Up $3,743,784 (+90%) from 2020

Liabilities

Up

$1,264,651

Up $1,000,792 (+379%) from 2020

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin94th percentile

Revenue

Up

$5,256,228

Up $2,370,154 (+82%) from 2020

Expenses

Up

$1,512,444

Up $865,563 (+134%) from 2020

Net Income

Up

$3,743,784

Up $1,504,591 (+67%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$30M$20M$10M$0Assets 2017: $459,544Liabilities 2017: $7,172Net Assets 2017: $452,3722017Assets 2018: $1,092,502Liabilities 2018: $29,569Net Assets 2018: $1,062,9332018Assets 2019: $1,934,690Liabilities 2019: $34,847Net Assets 2019: $1,899,8432019Assets 2020: $4,402,895Liabilities 2020: $263,859Net Assets 2020: $4,139,0362020Assets 2021: $9,147,471Liabilities 2021: $1,264,651Net Assets 2021: $7,882,8202021Assets 2022: $15,660,826Liabilities 2022: $1,275,329Net Assets 2022: $14,385,4972022Assets 2023: $14,009,571Liabilities 2023: $1,279,927Net Assets 2023: $12,729,6442023Assets 2024: $19,207,391Liabilities 2024: $1,488,547Net Assets 2024: $17,718,8442024Assets 2025: $29,413,154Liabilities 2025: $1,546,345Net Assets 2025: $27,866,8092025

Highlighted filing

2021

Assets$9,147,471
Liabilities$1,264,651
Net Assets$7,882,820
Open 2021 Filing

Operations Trend

Revenue Growth86th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $593,637Expenses 2017: $137,363Net Income 2017: $456,2742017Revenue 2018: $875,251Expenses 2018: $264,690Net Income 2018: $610,5612018Revenue 2019: $1,078,950Expenses 2019: $242,040Net Income 2019: $836,9102019Revenue 2020: $2,886,074Expenses 2020: $646,881Net Income 2020: $2,239,1932020Revenue 2021: $5,256,228Expenses 2021: $1,512,444Net Income 2021: $3,743,7842021Revenue 2022: $8,859,308Expenses 2022: $2,091,631Net Income 2022: $6,767,6772022Revenue 2023: $4,468,850Expenses 2023: $6,042,356Net Income 2023: -$1,573,5062023Revenue 2024: $7,088,292Expenses 2024: $1,848,427Net Income 2024: $5,239,8652024Revenue 2025: $11,842,464Expenses 2025: $1,685,264Net Income 2025: $10,157,2002025

Highlighted filing

2021

Revenue$5,256,228
Expenses$1,512,444
Net Income$3,743,784
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 28, 2022
Return Version
2021v4.2
Gross Receipts
$5,256,228
Mission and Program Overview

Mission

To unleash the full power of program-related investments to achieve charitable impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,502,860$5,580,599▲ $2,077,739
Cash and Non-Interest-Bearing Accounts$865,635$3,175,823▲ $2,310,188
Pledges and Grants Receivable-$275,000-
Accounts Receivable$32,895$107,129▲ $74,234
Prepaid Expenses and Deferred Charges$1,505$8,920▲ $7,415
Total Assets$4,402,895$9,147,471▲ $4,744,576
Liabilities
Unsecured Notes Loans Payable$250,000$1,250,000▲ $1,000,000
Accounts Payable and Accrued Expenses$13,859$14,651▲ $792
Total Liabilities$263,859$1,264,651▲ $1,000,792
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,139,036$7,632,820▲ $3,493,784
Net Assets With Donor Restrictions-$250,000-
Total Net Assets Fund Balance$4,139,036$7,882,820▲ $3,743,784
Total Liabilities and Net Assets / Fund Balance$4,402,895$9,147,471▲ $4,744,576

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$100,000--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeff OchsPresident and DirectorFT$62,750$62,750

Board Members and Trustees

NameTitle
Robert ScarlettBoard Chair
Ramya RaufBoard Treasurer
Jeanne VoigtDirector
Michael DaiDirector
Peter HutchinsonDirector
Susan SandsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$5,045,894
Program Service Revenue
$209,627
Investment Income
$77
Other Revenue
$630
All Other Contributions
$5,045,894
Change in Net Assets
$3,743,784

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$280,294Fair Market Value (FMV)
Total Noncash Contributions3$280,294-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,256,228
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,256,228
Total Revenue per Form 990
$5,256,228
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,169,184
Grants and Similar Amounts Paid$222,000
Salaries, Compensation, and Employee Benefits$121,260
Total Fundraising Expense$29,457
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$222,000--$222,000
Current Officers, Directors, Trustees, and Key Employees$25,100$18,825$18,825$62,750
Other Salaries and Wages$38,800$10,875$75$49,750
Information Technology$150$21,330-$21,480
Other Expenses$2,832$2,674$4,090$9,596
Fees for Services Accounting-$9,043-$9,043
Payroll Taxes$4,985$2,308$1,467$8,760
Fees for Services Legal$3,450-$5,000$8,450
Insurance-$5,222-$5,222
Fees for Services Management-$2,976-$2,976
Occupancy-$600-$600
Conferences and Meetings$210--$210
Travel$125$38-$163
Total Functional Expenses$1,409,096$73,891$29,457$1,512,444

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,512,444
Total Expenses per Audited Statements$1,512,444
Total Expenses per Form 990$1,512,444
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
YouthpriseMinneapolis, MN501 (c)(3)Minnesota Afterschool Advance$122,000
Better Future ForwardLakeville, MN501 (c)(3)General Operating Support$100,000
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 1A

“Before february 17, 2021, the executive committee was comprised of the board chair, the president/ceo/secretary, and the board treasurer. After february 17, 2021, the was comprised of the board chair, the president/ceo/secretary, and a third board director who was not the board treasurer.”

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

“The return is prepared by the organization's independent accountant based on data provided by management. Once a draft return is available, it is provided to the governing body for review prior to filing.”

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

“The conflict of interest policy covers any director, principal officer, or member of a committee with governing board delegated powers. If a conflict of interest were to arise, the interested party is not present during the discussion and vote on the transaction or arrangement involving the possible conflict of interest. If this were to occur, it will be captured in the meeting minutes. Each year, board members are asked to complete a conflict of interest form. Then if conflicts of interest arise during the year, they are to disclose to the board.”

Form 990, Part VI, Section B, Line 15A

“Using the minnesota nonprofit salary and benefits survey, the executive officer's compensation is determined by the board of directors. The decision to approve the executive officer's compensation is documented in the board of directors meeting minutes as part of the annual budget review and approval process.”

Form 990, Part VI, Section C, Line 19

“The organization does not make the governing documents, conflict of interest policy, and financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Venn Foundation
EIN
81-4476503
Phone
6125683204
Address
1900 BOHLAND AVENUE, SAINT PAUL, MN 55116

Signing Officer

Name
Jeff Ochs
Title
President & CEO
Phone
6125683204
Signed
2022-03-28

Organization Details

Principal Officer
Jeff Ochs
Formed
2016
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
5
Employees
3
Volunteers
13

Preparer

Firm
Cliftonlarsonallen Llp
Address
12721 METCALF AVENUE SUITE 104, OVERLAND PARK, KS 66213
Preparer
Greg Sullivan
Phone
9134916655
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Venn foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and similar state income tax laws. The foundation is a public charity and contributions to the foundation qualifies as a charitable tax deduction by the contributor. The foundation's tax returns are subject to review and examination by federal, state and local authorities.”

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-1124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114468
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt196283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-1124
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02728267
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0171522
IRS990/PYInvestmentIncomeAmt06489
IRS990/PYOtherExpensesAmt0357453
IRS990/PYOtherRevenueAmt0680
IRS990/PYProgramServiceRevenueAmt0150638
IRS990/PYRevenuesLessExpensesAmt02239193
IRS990/PYSalariesCompEmpBnftPaidAmt0117906
IRS990/PYTotalExpensesAmt0646881
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02886074
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03743784
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0209627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05045894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02728268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0998801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0847233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0593598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010213794
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06489
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013860
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0461073
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.52520
IRS990ScheduleA/PublicSupportTotal170Amt05371806
IRS990ScheduleA/SubstantialContributorsTotAmt04841988
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05045894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02728268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0998801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0847233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0593598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010213794
IRS990ScheduleA/TotalSupportAmt010227654
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt04517088
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0217000
IRS990ScheduleD/DonorAdvisedFundsHeldCnt076
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt08945530
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01512444
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0178165
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1105000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2177392
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt350100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4148330
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt556385
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6115955
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7129825
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt8100500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt960100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt10352038
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11125000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12335458
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt132126706
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14116483
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15532628
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt16181534
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt17105000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt18400000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1984000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt20100000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ASIYA LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1FAMILY TREE, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2BINARY BRIDGE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3REFLECTION SCIENCES, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4FAIR ANITA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5NETZRO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6MN CHILDREN'S MUSEUM
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7BREATHE99
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8GOLDEN PATH SOLUTIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9COLOGNE HOUSE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10YARDHOMES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11EMERGE ENTERPRISES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc12NEIGHBORHOOD DEVELOPMENT CENTER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc13ARCTARIS SADDLEBACK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc14MAA LOAN FUND PRIS - 2020
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc15MAA LOAN FUND - 2021
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc16TECH DUMP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc17TRI-CONSTRUCTION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc18BETTER FUTURE FORWARD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc19LUTUNJI'S PALATE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc20PROSERVA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd11C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd12C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd13C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd14C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd15C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd16C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd17C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd18C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd19C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd20C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05256228
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VENN FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE INCOME TAX LAWS. THE FOUNDATION IS A PUBLIC CHARITY AND CONTRIBUTIONS TO THE FOUNDATION QUALIFIES AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt05580599
IRS990ScheduleD/TotalExpensesPerForm990Amt01512444
IRS990ScheduleD/TotalRevenuePerForm990Amt05256228
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05256228
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01512444
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1122000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MINNESOTA AFTERSCHOOL ADVANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BETTER FUTURE FORWARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YOUTHPRISE
IRS990ScheduleI/RecipientTable/RecipientEIN0914772781
IRS990ScheduleI/RecipientTable/RecipientEIN1274126970
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt020711 HOLT AVENUE PO BOX 1063
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13001 BROADWAY ST NE SUITE 330
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAKEVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055044

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,147,471
Liabilities
$1,264,651
Net assets
$7,882,820
Revenue
$5,256,228
Expenses
$1,512,444
Net income
$3,743,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.4$1.55$27.9$11.8$1.69$10.2
2024Detailed filing. Detailed filing data is available for this year.$19.2$1.49$17.7$7.09$1.85$5.24
2023Detailed filing. Detailed filing data is available for this year.$14.0$1.28$12.7$4.47$6.04$1.57
2022Detailed filing. Detailed filing data is available for this year.$15.7$1.28$14.4$8.86$2.09$6.77
2021Detailed filing. Detailed filing data is available for this year.$9.15$1.26$7.88$5.26$1.51$3.74
2020Detailed filing. Detailed filing data is available for this year.$4.40$0.26$4.14$2.89$0.65$2.24
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.03$1.90$1.08$0.24$0.84
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.03$1.06$0.88$0.26$0.61
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$0.59$0.14$0.46