Civic Intelligence

Twin Cities Innovation Alliance

990EZ • Fiscal year 2018 • EIN 82-1701598

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 26, 2018

1041 James Avenue NorthMinneapolis, MN 55411-0000

(612) 229-4328

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

96th percentile

72%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$78,977

No earlier filing loaded for comparison.

Net Assets

$78,977

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$110,045

No earlier filing loaded for comparison.

Expenses

$31,168

No earlier filing loaded for comparison.

Net Income

$78,877

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $78,977Liabilities 2018: $0Net Assets 2018: $78,9772018Assets 2019: $38,963Liabilities 2019: $0Net Assets 2019: $38,9632019Assets 2020: $76,654Liabilities 2020: $0Net Assets 2020: $76,6542020Assets 2021: $949,477Liabilities 2021: $614,437Net Assets 2021: $335,0402021Assets 2024: $758,095Liabilities 2024: $487Net Assets 2024: $757,6082024Assets 2025: $200,030Liabilities 2025: $7,196Net Assets 2025: $192,8342025

Highlighted filing

2018

Assets$78,977
Liabilities$0
Net Assets$78,977

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2018: $110,045Expenses 2018: $31,168Net Income 2018: $78,8772018Revenue 2019: $85,016Expenses 2019: $105,030Net Income 2019: -$20,0142019Revenue 2020: $175,916Expenses 2020: $138,225Net Income 2020: $37,6912020Revenue 2021: $676,167Expenses 2021: $417,781Net Income 2021: $258,3862021Revenue 2024: $458,009Expenses 2024: $655,898Net Income 2024: -$197,8892024Revenue 2025: $181,975Expenses 2025: $715,785Net Income 2025: -$533,8102025

Highlighted filing

2018

Revenue$110,045
Expenses$31,168
Net Income$78,877
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 26, 2018
Return Version
2017v2.0
Gross Receipts
$110,045
Mission and Program Overview

Mission

TCIA delivers fiscal sponsorship to a growing number of charitable projects within the Twin Cities and beyond. We provide both financial and regulatory oversight as well as providing ongoing support for our partners. Additionally, we provide training and education within the community regarding current issues, social and economic disparities, and other community needs.

Program Services

DescriptionGrantsExpenses
In our first year of operations, we spent the majority of our time developing relationships as well as securing grants and donors for future events in our 2019 fiscal year. We obtained a grant from the Knights Foundation to aid in growing our organization and vision both locally and nationally. This grant will be used for costs associated with programming, management, and fundraising of our organization.$75,000$16,667
We were given an opportunity to be a fiscal sponsor for Civic Eagle, a team that is one a mission to use technology to promote better democratic outcomes for people and their communities. They work by making information about policies more accessible and transparent so that communities can advocate for themselves and have their voice heard and community served.$15,000$14,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marika PfefferkornFounder - Board MemberPT$0--
Aasim ShabazzFounder - Board MemberPT$0--
Damola ObigundeBoard Member-$0--
Arnise RobersonBoard Member-$0--
Talaya TolefreeBoard Member-$0--
Jonelle EllisBoard Member-$0--
Ishmael IsrealBoard Member-$0--
Shauen PearceBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Twin Cities Innovation Alliance
EIN
82-1701598
Phone
6122294328
Address
1041 James Avenue North, Minneapolis, MN 55411-0000

Signing Officer

Name
Marika Pfefferkorn
Title
Solutions and Sustainability Office
Phone
6122294328
Signed
2018-10-26
Discuss with paid preparer
Yes

Preparer

Firm
Robert Reese Procaccini CPA
Address
50 Birnamwood Drive, Burnsville, MN 55337
Preparer
Robert Procaccini
Phone
9529920995
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Fiscal Sponsor and pass through grant for Civic Eagle located in Minnesota

Form 990-EZ, Part I, Line 16

Description;Amount^Management Supplies;76|Management Software;26|Management Technology;2841|Program Supplies;1246|Program Meals Ent Travel;6936|Program Conference Registration;450|Fundraising Meals Ent Travel;748^Total;12323^

Form 990-EZ, Part I, Line 20

Description;Amount^Beginning Deposit;100^Total;100^

Raw XML Appendix194 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Founder - Board Member
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1In our first year of operations, we spent the majority of our time developing relationships as well as securing grants and donors for future events in our 2019 fiscal year. We obtained a grant from the Knights Foundation to aid in growing our organization and vision both locally and nationally. This grant will be used for costs associated with programming, management, and fundraising of our organization.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fiscal Sponsor and pass through grant for Civic Eagle located in Minnesota
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Management Supplies;76|Management Software;26|Management Technology;2841|Program Supplies;1246|Program Meals Ent Travel;6936|Program Conference Registration;450|Fundraising Meals Ent Travel;748^Total;12323^
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Marika Pfefferkorn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Solutions and Sustainability Office
ReturnHeader/BusinessOfficerGrp/PhoneNum06122294328
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITIES INNOVATION ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0TWIN
ReturnHeader/Filer/EIN0821701598
ReturnHeader/Filer/PhoneNum06122294328
ReturnHeader/Filer/USAddress/AddressLine1Txt01041 James Avenue North
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0554110000
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.4.172.24
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Reese Procaccini CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 Birnamwood Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Burnsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055337
ReturnHeader/PreparerPersonGrp/PhoneNum09529920995
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Procaccini
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-14T16:53:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings