Civic Intelligence

Glacial Lakes Multicultural Center Inc.

990 • Fiscal year 2020 • EIN 83-4070282

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 02, 2021

653 W KempWatertown, SD 57201

(605) 878-2021

Siviq Scores

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

Liabilities / Assets

77th percentile

0.14x

Higher debt load relative to assets than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.11x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

82nd percentile

36%

Higher net margin than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

78th percentile

45%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$93,607

Up $29,039 (+45%) from 2019

Net Assets

Up

$80,863

Up $40,718 (+101%) from 2019

Liabilities

Down

$12,744

Down $11,679 (-48%) from 2019

Revenue

Up

$112,042

Up $25,709 (+30%) from 2019

Expenses

Up

$71,304

Up $25,096 (+54%) from 2019

Net Income

Up

$40,738

Up $613 (+1.5%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2019: $64,568Liabilities 2019: $24,423Net Assets 2019: $40,1452019Assets 2020: $93,607Liabilities 2020: $12,744Net Assets 2020: $80,8632020Assets 2021: $103,038Liabilities 2021: $4,775Net Assets 2021: $98,2632021Assets 2022: $21,730Liabilities 2022: $2,326Net Assets 2022: $19,4042022Assets 2023: $6,587Liabilities 2023: $11,392Net Assets 2023: -$4,8052023Assets 2024: $42,545Liabilities 2024: -$3,059Net Assets 2024: $45,6042024

Highlighted filing

2020

Assets$93,607
Liabilities$12,744
Net Assets$80,863

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $86,333Expenses 2019: $46,208Net Income 2019: $40,1252019Revenue 2020: $112,042Expenses 2020: $71,304Net Income 2020: $40,7382020Revenue 2021: $118,527Expenses 2021: $101,127Net Income 2021: $17,4002021Revenue 2022: $102,092Expenses 2022: $180,951Net Income 2022: -$78,8592022Revenue 2023: $139,475Expenses 2023: $163,684Net Income 2023: -$24,2092023Revenue 2024: $182,806Expenses 2024: $132,397Net Income 2024: $50,4092024

Highlighted filing

2020

Revenue$112,042
Expenses$71,304
Net Income$40,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 2, 2021
Return Version
2020v4.0
Gross Receipts
$112,042
Mission and Program Overview

Mission

The organization embraces and celebrates diverse culutures by promoting understanding and respect for all and by providing education, referrals, and multicultural resources.

Assisting immigrants to integrate into their communities by teaching english, providing assistance with immigration issues, interpretations & translations, citizenship classes, general assistance with school registration, applications for housing or employment and various other ways.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,653$92,393▲ $28,740
Prepaid Expenses and Deferred Charges$895$895→ $0
Land, Buildings, and Equipment, Net-$319-
Total Assets$64,548$93,607▲ $29,059
Liabilities
Deferred Revenue$23,928$11,615▼ $12,313
Accounts Payable and Accrued Expenses$495$1,129▲ $634
Total Liabilities$24,423$12,744▼ $11,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,197$69,248▲ $53,051
Net Assets With Donor Restrictions$23,928$11,615▼ $12,313
Total Net Assets Fund Balance$40,125$80,863▲ $40,738
Total Liabilities and Net Assets / Fund Balance$64,548$93,607▲ $29,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$319$160$479
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard ThomasPresident
Don BarseBoard Member
Jennifer DahleBoard Member
Karen JaskulkaBoard Member
Mariah JenningsBoard Member
S Teresa Ann WolfBoard Member
Darlene BressonSec-treasure
Gerardo HernandezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$109,702
Program Service Revenue
$2,340
Investment Income
$0
Other Revenue
$0
All Other Contributions
$103,923
Change in Net Assets
$40,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,243
Other Expenses$24,509
Grants and Similar Amounts Paid$14,552
Total Fundraising Expense$1,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,872--$30,872
Grants to Domestic Individuals$14,552--$14,552
Occupancy-$9,665-$9,665
Office Expenses-$2,430-$2,430
Fees for Services Other$1,866--$1,866
Insurance-$1,474-$1,474
Payroll Taxes$1,371--$1,371
Other Expenses$813$480$1,286$480
Advertising-$433-$433
All Other Expenses$396--$396
Information Technology-$186-$186
Depreciation Depletion-$160-$160
Total Functional Expenses$49,870$20,148$1,286$71,304
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI

Line 1a - the organization's bylaws state that the officers of the board of directors (ie. President, vice president & treasurer) will comprise the executive/personnel committee. "except for the power to amend the articles of incorporation and bylaws, the executive personnel committee shall have the power and authority of the board of directors in the intervals between meetings of the board of directors, subject to the direction and control of the board of directors." line 11b - a complete form 990 and accompanying schedules are given to each board member and discussed. Board members also have the opportunity to ask questions. Line 15a - our top management official, the director, is a volunteer and is notcompensated. Line 15b - our officers are volunteers and not compensated. We do not have any keyemployees (paid more than 150,000). Line 19 - we have posted a sign on the bulletin board in the reception area of our office that these documents are available upon request.

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Glacial Lakes Multicultural Center
EIN
83-4070282
Phone
6058782021
Address
653 W KEMP, WATERTOWN, SD 57201

Signing Officer

Name
Richard Thomas
Title
President
Phone
6058782021
Signed
2021-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Thomas
Formed
2019
Legal Domicile
Sd
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
15

Preparer

Firm
William Neale & Co Pc
Address
304 9TH AVE SE PO BOX 490, WATERTOWN, SD 57201-0490
Preparer
David W Neale
Phone
6058866028
Supplemental Narrative

Additional Explanations

Form 990, Part III

Line 4d - hispanic ministry program - to integrate hispanic parishoners into the local church

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

OTHER

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DENTAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CAR INSURANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2FOOD AND DIAPERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3FUNERAL EXPENSES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4GAS FOR MEDICAL APPTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5IMMIGRATION ATTORNEY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6MEDICAL EXPENSES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7CELL PHONE MINUTES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt8RENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt9TRAVEL TO CONSULATE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt10USED CLOTHING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt11USED FURNITURE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt12UTILITIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt13CHRISTMAS TOYS FOR KIDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt14FOOD FOR CHRISTMAS DINNER
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt01. ONLY ADULT IMMIGRANT WITHOUT INSURANCE OR OTHER ASSISTANCE ARE ELIGIBLE FOR THE DENTAL PROGRAM. WE WILL HELP WITH UP TO 3 DENTAL APPOINTMENTS AND THE CLIENT IS RESPONSIBLE TO PAY 100 FOR EACH APPOINTMENT. OUR TOTAL ASSISTANCE IS 700, IF NEEDED. IF ANY ADDITIONAL APPOINTMENTS ARE NEEDED, THE CLIENT IS RESPONSIBLE FOR ALL OF IT. ALL ASSISTANCE IS BASED ON FIRST COME, FIRST SERVED BASIS. 2. EMERGENCY ASSISTANCE PROGRAM IS ALSO ON A FIRST COME, FIRST SERVED BASIS. WHEN AN IMMIGRANT REQUESTS ASSISTANCE, WE DO AN ORAL EVALUATION OF THEIR NEED, SUCH AS LOSS OF JOB, ILLNESS, CAR BREAKDOWN, ETC. IF THEY'VE HAD EXTENUATING CIRCUMSTANCES, THEN WE WILL HELP, BUT TYPICALLY NO MORE THAN 50% OF THEIR NEED AND WE TRY TO KEEP IT UNDER 500. 3. CHISTMAS ASSISTANCE. THROUGH SOCIAL MEDIA, WE INVITED PARENTS AND CHILDREN TO SUBMIT A REQUEST FOR A CHISTMAS TOY (SIMILAR TO AN ANGEL TREE), AND/OR HELP WITH GROCERIES FOR CHRISTMAS DINNER. WE WERE ABLE TO GIVE ALL CHILDREN A TOY AND HELPED 17 FAMILIES WITH GROCERIES FOR CHRISTMAS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 4D - HISPANIC MINISTRY PROGRAM - TO INTEGRATE HISPANIC PARISHONERS INTO THE LOCAL CHURCH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 1A - THE ORGANIZATION'S BYLAWS STATE THAT THE OFFICERS OF THE BOARD OF DIRECTORS (IE. PRESIDENT, VICE PRESIDENT & TREASURER) WILL COMPRISE THE EXECUTIVE/PERSONNEL COMMITTEE. "EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE PERSONNEL COMMITTEE SHALL HAVE THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT TO THE DIRECTION AND CONTROL OF THE BOARD OF DIRECTORS." LINE 11B - A COMPLETE FORM 990 AND ACCOMPANYING SCHEDULES ARE GIVEN TO EACH BOARD MEMBER AND DISCUSSED. BOARD MEMBERS ALSO HAVE THE OPPORTUNITY TO ASK QUESTIONS. LINE 15A - OUR TOP MANAGEMENT OFFICIAL, THE DIRECTOR, IS A VOLUNTEER AND IS NOTCOMPENSATED. LINE 15B - OUR OFFICERS ARE VOLUNTEERS AND NOT COMPENSATED. WE DO NOT HAVE ANY KEYEMPLOYEES (PAID MORE THAN 150,000). LINE 19 - WE HAVE POSTED A SIGN ON THE BULLETIN BOARD IN THE RECEPTION AREA OF OUR OFFICE THAT THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06058782021
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLACIAL LAKES MULTICULTURAL CENTER
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460417508
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM NEALE & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0304 9TH AVE SE PO BOX 490
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD

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