Civic Intelligence

New Ulm'S Own

EIN 82-0943422 • 501(c)3 • New Ulm, MN

Profile

Primary purpose of the organization is to support crafts and entrepreneurs in developing countries so that they become self-sufficient. Excess funds will be distributed to support local non-profits that support marginalized women.

212 N Minnesota StNew Ulm, MN 56073-1746

newulmsown.yolasite.com

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

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

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 2021

Asset Growth

68th percentile

9.7%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

39th percentile

-11%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Up

$20,431

Up $1,808 (+9.7%) from 2020

Liabilities

Down

$371

Down $18,808 (-98%) from 2020

Net Assets

$20,060

No earlier filing loaded for comparison.

Revenue

Down

$29,289

Down $3,497 (-11%) from 2020

Expenses

Down

$8,673

Down $21,827 (-72%) from 2020

Net Income

Up

$20,616

Up $18,330 (+802%) from 2020

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2017: $18,456Liabilities 2017: $20,7842017Assets 2018: $16,995Liabilities 2018: $18,5292018Assets 2019: $15,777Liabilities 2019: $18,6512019Assets 2020: $18,623Liabilities 2020: $19,1792020Assets 2021: $20,431Liabilities 2021: $371Net Assets 2021: $20,0602021

Highlighted filing

2021

Assets$20,431
Liabilities$371
Net Assets$20,060

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2017: $47,425Expenses 2017: $49,753Net Income 2017: -$2,3282017Revenue 2018: $49,986Expenses 2018: $49,192Net Income 2018: $7942018Revenue 2019: $46,841Expenses 2019: $48,181Net Income 2019: -$1,3402019Revenue 2020: $32,786Expenses 2020: $30,500Net Income 2020: $2,2862020Revenue 2021: $29,289Expenses 2021: $8,673Net Income 2021: $20,6162021

Highlighted filing

2021

Revenue$29,289
Expenses$8,673
Net Income$20,616

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 3, 2022
Return Version
2021v4.2
Gross Receipts
$42,808
Mission and Program Overview

Mission

Primary purpose of the organization is to support crafts and entrepreneurs in developing countries so that they become self-sufficient. Excess funds will be distributed to support local non-profits that support marginalized women.

Program Services

DescriptionGrantsExpenses
SUPPORTED CRAFTS AND ENTREPRENEURS IN DEVELOPING COUNTRIES SO THAT THEY BECOME SELF-SUFFICIENT. EXCESS FUNDS WERE DISTRIBUTED TO SUPPORT LOCAL NON-PROFITS THAT SUPPORT MARGINALIZED WOMEN.$0$8,673
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARB OLSONDirectorPT$0--
BERNICE SCHMITZDirector-$0--
MARY JEAN HINSMANPresidentPT$0--
MARY KLUGEVice President-$0--
VICKIE SIEVETreasurer-$0--
PEG SUNDELLSecretary-$0--
Filing and Contact Details

Filer

Filer Name
NEW ULM'S OWN
EIN
82-0943422
Phone
5073276258
Address
212 N MINNESOTA ST, NEW ULM, MN 56073-1746

Signing Officer

Name
Mary Jean Hinsman
Title
President
Phone
5073276258
Signed
2022-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Karla Havemeier Ltd
Address
107 S BROADWAY, NEW ULM, MN 56073
Preparer
Karla Havemeier CPA
Phone
5073547699
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 22,443. Returns and allowances: 8. Less cost of goods sold: 13,519. Gross profit: 8,916. Cost of goods sold: inventory at beginning of year: 4,270. Merchandise purchased: 14,367. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 5,118. Cost of goods sold: 13,519.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: donations. Amount: 975.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 4,270. End of year amount: 5,118.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: operating payables. Beg. Of year amount: 1,679. End of year amount: 371. Description: loans fr directors. Beg. Of year amount: 17,500. End of year amount: 0.

Raw XML Appendix183 raw XML fields

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/ExplanationTxt0INCOME: GROSS RECEIPTS: 22,443. RETURNS AND ALLOWANCES: 8. LESS COST OF GOODS SOLD: 13,519. GROSS PROFIT: 8,916. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 4,270. MERCHANDISE PURCHASED: 14,367. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 5,118. COST OF GOODS SOLD: 13,519.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DONATIONS. AMOUNT: 975.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 4,270. END OF YEAR AMOUNT: 5,118.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OPERATING PAYABLES. BEG. OF YEAR AMOUNT: 1,679. END OF YEAR AMOUNT: 371. DESCRIPTION: LOANS FR DIRECTORS. BEG. OF YEAR AMOUNT: 17,500. END OF YEAR AMOUNT: 0.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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