Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 85-0492116 • 501(c)3 • St Louis Park, MN
Profile
This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of sections 170(c) (2) and 501 (c)(3) of the internal revenue code of 1986. Within the framework and limitations of the foregoing, the specific primary purpose of this corporation shall be to provide financial and educational support to individuals with entrepreneurial ventures. An example is providing startup funds in the form of a loan to small business. These funds are lent with out any personal recourse to the owners of the business. As the business succeeds it will use its profits to pay back the loan and once the loan is paid in full it will continue to provide profits back to the nonprofit to help support other startups.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
35th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$545,971
Up $18,595 (+3.5%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$545,971
Up $18,595 (+3.5%) from 2023
Revenue
Down$28,912
Down $173,302 (-86%) from 2023
Expenses
Up$10,317
Up $9,784 (+1836%) from 2023
Net Income
Down$18,595
Down $183,086 (-91%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of sections 170(c) (2) and 501 (c)(3) of the internal revenue code of 1986. Within the framework and limitations of the foregoing, the specific primary purpose of this corporation shall be to provide financial and educational support to individuals with entrepreneurial ventures. An example is providing startup funds in the form of a loan to small business. These funds are lent with out any personal recourse to the owners of the business. As the business succeeds it will use its profits to pay back the loan and once the loan is paid in full it will continue to provide profits back to the nonprofit to help support other startups.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $440,000 | $442,000 | ▲ $2,000 |
| Investments Other Securities | $62,500 | $60,338 | ▼ $2,162 |
| Cash and Non-Interest-Bearing Accounts | $24,876 | $43,633 | ▲ $18,757 |
| Total Assets | $527,376 | $545,971 | ▲ $18,595 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $527,376 | $545,971 | ▲ $18,595 |
| Total Net Assets Fund Balance | $527,376 | $545,971 | ▲ $18,595 |
| Total Liabilities and Net Assets / Fund Balance | $527,376 | $545,971 | ▲ $18,595 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $82,000 | - | - |
| Other Securities | $60,338 | - | - |
| Name | Title |
|---|---|
| Mark Saliterman | Chairperson/ |
| Michael Strub | Member |
| David Kaplan | Vice Preside |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $10,000 |
| Other Expenses | $317 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $10,000 | - | - | $10,000 |
| Office Expenses | $317 | - | - | $317 |
| Total Functional Expenses | $10,317 | $0 | $0 | $10,317 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Rockford Fire Relief Association | Rockford, MN | - | - | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Mark Salitermanincapital LLC | Director | LOAN: ADORE DOG LLC | No | - |
“Michael strub mark saliterman president chairman work - visionbank david kaplan mark saliterman son-in-law & work together”
“No review was or will be conducted.”
“The director-officers are regularly and constantly monitored, before any new recipient is selected, there is a check to make sure that the recipient and funds received do not have any financial gain to the director or officer.”
“No documents available to the public”
“This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of sections 170(c) (2) and 501 (c)(3) of the internal revenue code of 1986. Within the framework and limitations of the foregoing, the specific primary purpose of this corporation shall be to provide financial and educational support to individuals with entrepreneurial ventures. An example is providing startup funds in the form of a loan to small business. These funds are lent with out any personal recourse to the owners of the business. As the business succeeds it will use its profits to pay back the loan and once the loan is paid in full it will continue to provide profits back to the nonprofit to help support other startups.”
“OFFICE EXPENSE”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTIONS 170(C) (2) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986. WITHIN THE FRAMEWORK AND LIMITATIONS OF THE FOREGOING, THE SPECIFIC PRIMARY PURPOSE OF THIS CORPORATION SHALL BE TO PROVIDE FINANCIAL AND EDUCATIONAL SUPPORT TO INDIVIDUALS WITH ENTREPRENEURIAL VENTURES. AN EXAMPLE IS PROVIDING STARTUP FUNDS IN THE FORM OF A LOAN TO SMALL BUSINESS. THESE FUNDS ARE LENT WITH OUT ANY PERSONAL RECOURSE TO THE OWNERS OF THE BUSINESS. AS THE BUSINESS SUCCEEDS IT WILL USE ITS PROFITS TO PAY BACK THE LOAN AND ONCE THE LOAN IS PAID IN FULL IT WILL CONTINUE TO PROVIDE PROFITS BACK TO THE NONPROFIT TO HELP SUPPORT OTHER STARTUPS. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SALITERMAN LTD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9529208555 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3059 JOPPA AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ST LOUIS PARK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55416 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 24876 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 43633 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 10000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 28912 |
| IRS990/CYOtherExpensesAmt | 0 | 317 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 18595 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 10317 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 28912 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | OUR FIRST SMALL BUSINESS LOAN WAS FOR A DOG GROOMING BUSINESS, ADORE DOG SALON, LLC. THEY OPENED THEIR DOORS IN 2022 AND ARE EXPANDING THE BUSINESS IN 2023. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARK SALITERMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAVID KAPLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL STRUB |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRPERSON/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 10000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 10000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 28912 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 28912 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 28912 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 62500 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 60338 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 440000 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 442000 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTIONS 170(C) (2) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986. WITHIN THE FRAMEWORK AND LIMITATIONS OF THE FOREGOING, THE SPECIFIC PRIMARY PURPOSE OF THIS CORPORATION SHALL BE TO PROVIDE FINANCIAL AND EDUCATIONAL SUPPORT TO INDIVIDUALS WITH ENTREPRENEURIAL VENTURES. AN EXAMPLE IS PROVIDING STARTUP FUNDS IN THE FORM OF A LOAN TO SMALL BUSINESS. THESE FUNDS ARE LENT WITH OUT ANY PERSONAL RECOURSE TO THE OWNERS OF THE BUSINESS. AS THE BUSINESS SUCCEEDS IT WILL USE ITS PROFITS TO PAY BACK THE LOAN AND ONCE THE LOAN IS PAID IN FULL IT WILL CONTINUE TO PROVIDE PROFITS BACK TO THE NONPROFIT TO HELP SUPPORT OTHER STARTUPS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 527376 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 545971 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 527376 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 545971 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 317 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 317 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MARK SALITERMAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | OUR SECOND SMALL BUSINESS LOAN WAS GIVEN TO IFRI, LLC. THEY HAVE CREATED A LINE OF BEVERAGES USING RAW MATERIALS FROM AFRICA. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | OUR THIRD SMALL BUSINESS LOAN WAS GIVEN TO PROTECHT LIGHTING, INC. THEY DISTRIBUTE AND SELL A LIGHTING PRODUCT THAT PURIFIES AIR AND KILLS VIRUSES. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | OFFICE EXPENSE |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 10317 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 10000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 181155 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 21059 |
| IRS990/PYOtherExpensesAmt | 0 | 533 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 201681 |
| IRS990/PYTotalExpensesAmt | 0 | 533 |
| IRS990/PYTotalRevenueAmt | 0 | 202214 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 18595 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 180800 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 91181 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 236500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 508481 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 28912 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 21059 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 8783 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 58754 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 567235 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 28912 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 201859 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99964 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 236500 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 567235 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 28912 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 201859 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 99964 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 236500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 567235 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 265000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 95000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 82000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | SMALL BUSINESS LOAN - ADORE DOG |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | SMALL BUSINESS LOAN - PROTECHT LIGHT |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | SMALL BUSINESS LOAN - IFRI |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 60338 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | TC REPETIX |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 442000 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 60338 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 10000 |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | ROCKFORD FIRE RELIEF ASSOCIATION |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 416033032 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 6700 MAIN ST |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | ROCKFORD |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 55373 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | MARK SALITERMANINCAPITAL LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | LOAN: ADORE DOG LLC |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | IN NEED OF CAPITAL GAVE A SMALL BUSINESS LOAN TO ADORE DOG SALON LLC WHICH IS OWNED 50% BY INCAPITAL LLC/MARK SALITERMAN. IN PERPETUITY ALL CASH DISTRIBUTED BY ADORE DOG SALON LLC TO INCAPITAL LLC/MARK SALITERMAN IS PLEDGED 100% TO IN NEED OF CAPITAL. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTIONS 170(C) (2) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986. WITHIN THE FRAMEWORK AND LIMITATIONS OF THE FOREGOING, THE SPECIFIC PRIMARY PURPOSE OF THIS CORPORATION SHALL BE TO PROVIDE FINANCIAL AND EDUCATIONAL SUPPORT TO INDIVIDUALS WITH ENTREPRENEURIAL VENTURES. AN EXAMPLE IS PROVIDING STARTUP FUNDS IN THE FORM OF A LOAN TO SMALL BUSINESS. THESE FUNDS ARE LENT WITH OUT ANY PERSONAL RECOURSE TO THE OWNERS OF THE BUSINESS. AS THE BUSINESS SUCCEEDS IT WILL USE ITS PROFITS TO PAY BACK THE LOAN AND ONCE THE LOAN IS PAID IN FULL IT WILL CONTINUE TO PROVIDE PROFITS BACK TO THE NONPROFIT TO HELP SUPPORT OTHER STARTUPS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OFFICE EXPENSE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MICHAEL STRUB MARK SALITERMAN PRESIDENT CHAIRMAN WORK - VISIONBANK DAVID KAPLAN MARK SALITERMAN SON-IN-LAW & WORK TOGETHER |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE DIRECTOR-OFFICERS ARE REGULARLY AND CONSTANTLY MONITORED, BEFORE ANY NEW RECIPIENT IS SELECTED, THERE IS A CHECK TO MAKE SURE THAT THE RECIPIENT AND FUNDS RECEIVED DO NOT HAVE ANY FINANCIAL GAIN TO THE DIRECTOR OR OFFICER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 527376 |
| IRS990/TotalAssetsEOYAmt | 0 | 545971 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 527376 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 545971 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 10317 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 10317 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 527376 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 545971 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 10317 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 10000 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 10317 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 28912 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 28912 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 527376 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 545971 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 3059 JOPPA AVE |
| IRS990/USAddress/CityNm | 0 | ST LOUIS PARK |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55416 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | WWW.INNEEDOFCAPITAL.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK SALITERMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRPERSON/SECRETAR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9529208555 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | IN NEED OF CAPITAL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INNE |
| ReturnHeader/Filer/EIN | 0 | 850492116 |
| ReturnHeader/Filer/PhoneNum | 0 | 9529208555 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3059 JOPPA AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ST LOUIS PARK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55416 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411354880 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SALITERMAN LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3059 JOPPA AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAINT LOUIS PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55416 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9529208555 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARK SALITERMAN |
| ReturnHeader/ReturnTs | 0 | 2025-04-23T14:06:31-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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