Civic Intelligence

Minnesota Training Partnership Inc.

990 • Fiscal year 2023 • EIN 82-3613104

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 11, 2024

175 Aurora AvenueSaint Paul, MN 55101-2356

(651) 294-3096

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.07x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.04x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

32nd percentile

-4.6%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$123,781

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

11th percentile

-19%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

83%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$656,010

Down $158,130 (-19%) from 2022

Net Assets

Down

$613,186

Down $45,539 (-6.9%) from 2022

Liabilities

Down

$42,824

Down $112,591 (-72%) from 2022

Revenue

Up

$993,275

Up $450,527 (+83%) from 2022

Expenses

Up

$1,038,814

Up $452,570 (+77%) from 2022

Net Income

Down

-$45,539

Down $2,043 (-4.7%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2019: $94Liabilities 2019: $02019Assets 2020: $403,161Liabilities 2020: $763Net Assets 2020: $402,3982020Assets 2021: $860,892Liabilities 2021: $158,671Net Assets 2021: $702,2212021Assets 2022: $814,140Liabilities 2022: $155,415Net Assets 2022: $658,7252022Assets 2023: $656,010Liabilities 2023: $42,824Net Assets 2023: $613,1862023Assets 2024: $774,028Liabilities 2024: $81,480Net Assets 2024: $692,5482024

Highlighted filing

2023

Assets$656,010
Liabilities$42,824
Net Assets$613,186

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $100Expenses 2019: $6Net Income 2019: $942019Revenue 2020: $565,007Expenses 2020: $162,703Net Income 2020: $402,3042020Revenue 2021: $736,566Expenses 2021: $436,743Net Income 2021: $299,8232021Revenue 2022: $542,748Expenses 2022: $586,244Net Income 2022: -$43,4962022Revenue 2023: $993,275Expenses 2023: $1,038,814Net Income 2023: -$45,5392023Revenue 2024: $1,536,357Expenses 2024: $1,456,995Net Income 2024: $79,3622024

Highlighted filing

2023

Revenue$993,275
Expenses$1,038,814
Net Income-$45,539
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 11, 2024
Return Version
2023v5.0
Gross Receipts
$993,275
Mission and Program Overview

Mission

Minnesota training partnership, inc. Will provide training services to employed and unemployed workers in the state of mn. The audience will include incumbent workers upgrading their skills, youth out of high school, re-entering workforce, under-served communities of color.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$764,112$498,578▼ $265,534
Accounts Receivable$50,028$157,432▲ $107,404
Total Assets$814,140$656,010▼ $158,130
Liabilities
Deferred Revenue$139,564$26,448▼ $113,116
Other Liabilities$3,684$15,012▲ $11,328
Accounts Payable and Accrued Expenses$12,167$1,364▼ $10,803
Total Liabilities$155,415$42,824▼ $112,591
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$658,725$613,186▼ $45,539
Total Net Assets Fund Balance$658,725$613,186▼ $45,539
Total Liabilities and Net Assets / Fund Balance$814,140$656,010▼ $158,130
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerome BalsimoExecutive DiFT$100,636$23,145$123,781

Board Members and Trustees

NameTitle
Allie RikkeCo-board CHA
Bernie BurnhamCo-board CHA
Cindy GreenDirector
Elizabeth SobolikDirector
Greg NammacherDirector
Lisa SignorelliDirector
Marcel HofkerDirector
Richard ShorterDirector
Wade LuneburgDirector
Travis LohmannSecretary-tr
Revenue and Support

Revenue Composition

Contributions and Grants
$848,304
Program Service Revenue
$144,971
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-45,539

Audited Revenue Reconciliation

Revenue per Audited Statements
$993,275
Total Revenue per Audited Statements
$993,275
Total Revenue per Form 990
$993,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$731,015
Other Expenses$307,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,647$67,525-$426,172
Other Expenses$189,692--$189,692
Current Officers, Directors, Trustees, and Key Employees$104,169$19,612-$123,781
Other Employee Benefits$85,861$16,166-$102,027
Fees for Services Other$59,150--$59,150
Payroll Taxes$34,233$6,446-$40,679
Pension Plan Contributions$32,279$6,077-$38,356
Fees for Services Accounting-$24,468-$24,468
Office Expenses$11,930$2,246-$14,176
Insurance$8,755$1,648-$10,403
Travel$3,490$743-$4,233
Occupancy$2,777$523-$3,300
Fees for Services Legal$1,918--$1,918
Conferences and Meetings$459--$459
Total Functional Expenses$893,360$145,454$0$1,038,814

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,038,814
Total Expenses per Audited Statements$1,038,814
Total Expenses per Form 990$1,038,814
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$15,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Draft form 990 distributed to board members at board meeting for review and comment. After comments, if any, are discussed and considered, final form 990 prepared and approved for filing.

Form 990, Page 6, Part VI, Line 15A

Board considers salary of similar size organizations and similar position for salary comparison. Job duties and ongoing hob performance reviewed annually.

Form 990, Page 6, Part VI, Line 15B

Board considers salary of similar size organizations and similar positions for salary comparison. Job duties and ongoing performance reviewed annually.

Form 990, Page 6, Part VI, Line 19

Governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Minnesota Training Partnership Inc
EIN
82-3613104
Address
175 AURORA AVENUE, SAINT PAUL, MN 55101-2356

Signing Officer

Name
Bernie Burnham
Title
Co-board Chair
Signed
2024-09-11

Organization Details

Principal Officer
Bernie Burnham
Formed
2017
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
5

Preparer

Firm
Harrington Langer & Associates
Address
563 PHALEN BLVD, SAINT PAUL, MN 55130
Preparer
Nichole Fairbanks
Phone
6514811128
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Minnesota training partnership, inc. Will provide training services to employed and unemployed workers in the state of mn. The audience will include incumbent workers upgrading their skills, youth out of high school, re-entering workforce, under-served communities of color.

Form 990, Page 2, Part III, Line 4A

Training consists of a variety of educational activities customized to the industry and the needs of the workforce and employers. Types of training includes establishment of apprenticeship programs within a specific industry or company, job readiness, life skills, and safety. Length of training ranges from one week to 18 months, depending on type and subject. First sectors where services are being provided are manufacturing and hospitality and apprenticeship program for industrial manufacturing technicians with training conducted in specific workplaces for incumbent workers. The employer and labor union (if there is one) authorize the training and are involved in its planning and implementation. In hospitality, services are being focused on providing pre-employment training to interested workers with the goal of placing people in hospitality jobs. These programs fill an unmet need, including development of new or innovative training and apprenticeship programs.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINNESOTA TRAINING PARTNERSHIP, INC. WILL PROVIDE TRAINING SERVICES TO EMPLOYED AND UNEMPLOYED WORKERS IN THE STATE OF MN. THE AUDIENCE WILL INCLUDE INCUMBENT WORKERS UPGRADING THEIR SKILLS, YOUTH OUT OF HIGH SCHOOL, RE-ENTERING WORKFORCE, UNDER-SERVED COMMUNITIES OF COLOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAINING CONSISTS OF A VARIETY OF EDUCATIONAL ACTIVITIES CUSTOMIZED TO THE INDUSTRY AND THE NEEDS OF THE WORKFORCE AND EMPLOYERS. TYPES OF TRAINING INCLUDES ESTABLISHMENT OF APPRENTICESHIP PROGRAMS WITHIN A SPECIFIC INDUSTRY OR COMPANY, JOB READINESS, LIFE SKILLS, AND SAFETY. LENGTH OF TRAINING RANGES FROM ONE WEEK TO 18 MONTHS, DEPENDING ON TYPE AND SUBJECT. FIRST SECTORS WHERE SERVICES ARE BEING PROVIDED ARE MANUFACTURING AND HOSPITALITY AND APPRENTICESHIP PROGRAM FOR INDUSTRIAL MANUFACTURING TECHNICIANS WITH TRAINING CONDUCTED IN SPECIFIC WORKPLACES FOR INCUMBENT WORKERS. THE EMPLOYER AND LABOR UNION (IF THERE IS ONE) AUTHORIZE THE TRAINING AND ARE INVOLVED IN ITS PLANNING AND IMPLEMENTATION. IN HOSPITALITY, SERVICES ARE BEING FOCUSED ON PROVIDING PRE-EMPLOYMENT TRAINING TO INTERESTED WORKERS WITH THE GOAL OF PLACING PEOPLE IN HOSPITALITY JOBS. THESE PROGRAMS FILL AN UNMET NEED, INCLUDING DEVELOPMENT OF NEW OR INNOVATIVE TRAINING AND APPRENTICESHIP PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRAFT FORM 990 DISTRIBUTED TO BOARD MEMBERS AT BOARD MEETING FOR REVIEW AND COMMENT. AFTER COMMENTS, IF ANY, ARE DISCUSSED AND CONSIDERED, FINAL FORM 990 PREPARED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD CONSIDERS SALARY OF SIMILAR SIZE ORGANIZATIONS AND SIMILAR POSITION FOR SALARY COMPARISON. JOB DUTIES AND ONGOING HOB PERFORMANCE REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD CONSIDERS SALARY OF SIMILAR SIZE ORGANIZATIONS AND SIMILAR POSITIONS FOR SALARY COMPARISON. JOB DUTIES AND ONGOING PERFORMANCE REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BERNIE BURNHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-11
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARRINGTON LANGER & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0563 PHALEN BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055130
ReturnHeader/PreparerPersonGrp/PhoneNum06514811128
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICHOLE FAIRBANKS
ReturnHeader/ReturnTs02024-09-19T11:05:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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