Civic Intelligence

Milestone Community Development

990 • Fiscal year 2023 • EIN 81-4792866

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 30, 2024

1821 University Ave W suite 164Saint Paul, MN 55104

(651) 444-0361

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-56%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

30%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$24,281

Down $31,208 (-56%) from 2022

Net Assets

Up

$24,281

Up $15,342 (+172%) from 2022

Liabilities

Down

$0

Down $46,550 (-100%) from 2022

Revenue

Up

$339,683

Up $78,528 (+30%) from 2022

Expenses

Up

$320,701

Up $57,708 (+22%) from 2022

Net Income

Up

$18,982

Up $20,820 (+1133%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $10,777Liabilities 2021: $0Net Assets 2021: $10,7772021Assets 2022: $55,489Liabilities 2022: $46,550Net Assets 2022: $8,9392022Assets 2023: $24,281Liabilities 2023: $0Net Assets 2023: $24,2812023Assets 2024: $77,804Liabilities 2024: $40,100Net Assets 2024: $37,7042024

Highlighted filing

2023

Assets$24,281
Liabilities$0
Net Assets$24,281

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $223,795Expenses 2021: $213,018Net Income 2021: $10,7772021Revenue 2022: $261,155Expenses 2022: $262,993Net Income 2022: -$1,8382022Revenue 2023: $339,683Expenses 2023: $320,701Net Income 2023: $18,9822023Revenue 2024: $464,045Expenses 2024: $450,622Net Income 2024: $13,4232024

Highlighted filing

2023

Revenue$339,683
Expenses$320,701
Net Income$18,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Gross Receipts
$339,683
Mission and Program Overview

Mission

Strategically reforming our community through incorporated, intrinsic, targeted services that reestablish functional developments exponentially fixated upon low income community growth, projecting long-term community economic success bt 20% or more over the course of 10 years. Sustaining a remaining incline upon the continuation of years. The program mission entails recruiting and training 40 youths from underserved communities toward IT career courses to gain IT skillset and join IT industry as professional experts and achieve financial independence and economic development.

Intentionally advancing the social and economic wellness of our community through start up and small business development workforce and designful housing services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,573$20,104▼ $31,469
Total Assets$55,489$24,281▼ $31,208
Other Assets Total$3,916$4,177▲ $261
Liabilities
Accounts Payable and Accrued Expenses$46,551--
Total Liabilities$46,551$0▼ $46,551
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,938$24,281▲ $15,343
Total Net Assets Fund Balance$8,938$24,281▲ $15,343
Total Liabilities and Net Assets / Fund Balance$55,489$24,281▼ $31,208
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mohamed KahinDirectorFT$60,000$60,000
Mohamed OsmanProgram officeFT$8,346$8,346
Revenue and Support

Revenue Composition

Contributions and Grants
$339,683
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,005
Change in Net Assets
$18,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,355
Salaries, Compensation, and Employee Benefits$68,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$96,000--$96,000
Current Officers, Directors, Trustees, and Key Employees$68,346--$68,346
Occupancy$8,400--$8,400
Other Expenses$5,830--$5,830
Fees for Services Management$3,337--$3,337
Fees for Services Accounting$3,000--$3,000
Depreciation Depletion-$2,088-$2,088
Insurance-$1,700-$1,700
Total Functional Expenses$316,913$3,788$0$320,701
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
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
Filing and Contact Details

Filer

Filer Name
Milestone Community Developmen
EIN
81-4792866
Address
1821 University Ave W suite 164, SAINT PAUL, MN 55104

Signing Officer

Name
MohamedAmin Kahin
Title
Executive Director
Phone
6514440361
Signed
2024-04-30
Discuss with paid preparer
No

Organization Details

Principal Officer
MohamedAmin Kahin
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Expert Accounting and Tax
Address
1421 Park Ave, MINNEAPOLIS, MN 55404
Preparer
Mohamed
Supplemental Narrative

Additional Explanations

990

The 990 form is shared with the board members for review and approval.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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