Civic Intelligence

Project 1590 Inc

EIN 81-5410023 • 501(c)3 • Fairmont, MN

Profile

To enhance vitality, livability and health of the greater fairmont community.

PO Box 705Fairmont, MN 56031

project1590.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

26th percentile

-15%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-15%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

36%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$154,298

Down $26,503 (-15%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$154,298

Down $26,503 (-15%) from 2023

Revenue

Up

$171,241

Up $45,516 (+36%) from 2023

Expenses

Up

$197,744

Up $98,230 (+99%) from 2023

Net Income

Down

-$26,503

Down $52,714 (-201%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2018: $111,215Net Assets 2018: $111,2152018Assets 2019: $167,400Net Assets 2019: $167,4002019Assets 2020: $172,178Net Assets 2020: $172,1782020Assets 2021: $166,691Net Assets 2021: $166,6912021Assets 2022: $154,591Net Assets 2022: $154,5912022Assets 2023: $180,801Net Assets 2023: $180,8012023Assets 2024: $154,298Net Assets 2024: $154,2982024

Highlighted filing

2024

Assets$154,298
Liabilities-
Net Assets$154,298

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2018: $52,206Expenses 2018: $20,993Net Income 2018: $31,2132018Revenue 2019: $97,730Expenses 2019: $41,545Net Income 2019: $56,1852019Revenue 2020: $75,119Expenses 2020: $70,341Net Income 2020: $4,7782020Revenue 2021: $51,454Expenses 2021: $56,940Net Income 2021: -$5,4862021Revenue 2022: $76,510Expenses 2022: $88,609Net Income 2022: -$12,0992022Revenue 2023: $125,725Expenses 2023: $99,514Net Income 2023: $26,2112023Revenue 2024: $171,241Expenses 2024: $197,744Net Income 2024: -$26,5032024

Highlighted filing

2024

Revenue$171,241
Expenses$197,744
Net Income-$26,503

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.0
Gross Receipts
$175,310
Mission and Program Overview

Mission

To enhance vitality, livability and health of the greater fairmont community.

Program Services

DescriptionGrantsExpenses
VARIOUS ONGOING PROJECTS ARE ORGANIZED IN ORDER TO ENHANCE THE VITALITY, LIVABILITY AND HEALTH OF THE GREATER FAIRMONT COMMUNITY. THESE PROJECTS INCLUDE KIDS JUST WANNA HAVE FUN, BACON CAPITAL USA, MARTIN COUNTY KNOW HOW, CELEBRATING CULTURES, FROM THE GROUND UP AND FOCUS ON FAIRMONT.$95,000$192,979
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE HAWKINSPast Chair-$0--
SAM VIESSELMANSecretary-$0--
JON OMVIGDirector-$0--
PAUL CARLSONDirector-$0--
MILES DUFFYDirector-$0--
CELIA SIMPSONChair-$0--
DIANE BETTINTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Project 1590 Inc
EIN
81-5410023
Phone
5072384786
Address
PO BOX 705, FAIRMONT, MN 56031

Signing Officer

Name
Celia Simpson
Title
Chair
Phone
5073991615
Signed
2025-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Erpelding Voigt & Co Llp
Address
1295 HWY 15 SOUTH, FAIRMONT, MN 56031
Preparer
Sarah L Gerhard
Phone
5072353377
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: fairmont area schools cash contribution: 45,000 name: city of fairmont cash contribution: 25,000 name: fairmont area schools cash contribution: 25,000

Form 990-ez, Part I, Line 16

Expenses advertising 1,303 office exp 3,015 insurance 1,784 supplies 27,473 music 751 board communication 565 community events 49,475 repairs 1,256 misc. Expenses 3,434 non-investment depreciation 10,450 total 99,506

Form 990-ez, Part II, Line 24

Inventories for sale or use 8,437 9,139 fixed assets 143,275 143,275 less accumulated depreciation 72,451 82,901 total 79,261 69,513

Form 990-ez, Part III

To enhance vitality, livability and health of the greater fairmont community.

Form 990-ez, Part III, Line 28

Various ongoing projects are organized in order to enhance the vitality, livability and health of the greater fairmont community. These projects include kids just wanna have fun, bacon capital usa, martin county know how, celebrating cultures, from the ground up and focus on fairmont.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: FAIRMONT AREA SCHOOLS CASH CONTRIBUTION: 45,000 NAME: CITY OF FAIRMONT CASH CONTRIBUTION: 25,000 NAME: FAIRMONT AREA SCHOOLS CASH CONTRIBUTION: 25,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,303 OFFICE EXP 3,015 INSURANCE 1,784 SUPPLIES 27,473 MUSIC 751 BOARD COMMUNICATION 565 COMMUNITY EVENTS 49,475 REPAIRS 1,256 MISC. EXPENSES 3,434 NON-INVESTMENT DEPRECIATION 10,450 TOTAL 99,506
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 8,437 9,139 FIXED ASSETS 143,275 143,275 LESS ACCUMULATED DEPRECIATION 72,451 82,901 TOTAL 79,261 69,513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENHANCE VITALITY, LIVABILITY AND HEALTH OF THE GREATER FAIRMONT COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VARIOUS ONGOING PROJECTS ARE ORGANIZED IN ORDER TO ENHANCE THE VITALITY, LIVABILITY AND HEALTH OF THE GREATER FAIRMONT COMMUNITY. THESE PROJECTS INCLUDE KIDS JUST WANNA HAVE FUN, BACON CAPITAL USA, MARTIN COUNTY KNOW HOW, CELEBRATING CULTURES, FROM THE GROUND UP AND FOCUS ON FAIRMONT.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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