MANKATO CLINIC FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MANKATO CLINIC FOUNDATION INC (EIN 41-6045200)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-28
- IRS object ID
- 202403029349301320
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-28T11:18:50-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416045200 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mankato Clinic Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MANK | BusinessNameControlTxt |
| Phone | 5073898504 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8674 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 560028674 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Marcia Bahr | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 5073898504 | PhoneNum |
| Signature | 2024-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Heidi Sachs | PreparerPersonNm |
| PTIN | P01273512 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2024-10-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Marcia Bahr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8674 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 560028674 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $306,894 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.mankato-clinic.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | To provide, promote and develop health education and healthy lifestyle awareness in the community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $395,898 | PYContributionsGrantsAmt |
| CY Contributions Grants | $245,837 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $205 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $56 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,407 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$4,738 | PYOtherRevenueAmt |
| CY Other Revenue | $28,757 | CYOtherRevenueAmt |
| PY Total Revenue | $391,421 | PYTotalRevenueAmt |
| CY Total Revenue | $278,001 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $296,535 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $279,709 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,924 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $23,528 | PYOtherExpensesAmt |
| CY Other Expenses | $32,920 | CYOtherExpensesAmt |
| PY Total Expenses | $320,063 | PYTotalExpensesAmt |
| CY Total Expenses | $312,629 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $71,358 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$34,628 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,344,681 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,480,770 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,344,681 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,480,770 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To provide, promote and develop health education and healthy lifestyle awareness to members of the Mankato Clinic service area. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $242,615 | ExpenseAmt |
| Grant | $248,200 | GrantAmt |
| Desc | The Foundation provided grants to organizations that focus on promoting healthy lifestyles and wellness in the community. In addition, money is provided to South Central College to award as scholarships to nursing students in their respective programs.The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $31,506 | ExpenseAmt |
| Grant | $25,000 | GrantAmt |
| Desc | The Foundation assists with health education projects including Educare, car seat safety, and Impact Program.Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding we enable teachers to explore new ways to expand a world of learning for their students.The car seat safety program provides on-going, free of charge car seat safety lessons open to the public. This class helps parents avoid mistakes that can put their children at risk. The classes are taught by certified National Highway Transportation Safety Administration technicians. This program serves 100 - 200 families each year. The Impact Program provides special software which can evaluate possible sports related head injuries in high school athletes. This program is utilized at nine schools and one youth hockey league. This program serves approximately 1,700 student athletes per year. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,509 | ExpenseAmt |
| Grant | $6,509 | GrantAmt |
| Desc | The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,987 | ExpenseAmt |
| Desc | The Mental Health First Aid is a program in which a care managers who is certified in mental health first aid teaches a class to local businesses and organizations about how to handle situations in which someone is dealing with mental health issues in the work place. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $13,987 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $294,617 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marcia Bahr | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5073898770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 Madison Avenue Suite 324B | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Katie Anderson MD | ||||||
| Chairperson | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Richard Peller | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Keith Baurer | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Rylee Anderson | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Mike Kittelson | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Lisa Cownie | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Julia Ketcham Corbett | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Sreelatha Spieker | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Jessica Beyer | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Tami Meehan | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Thomas Finn | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Nancy Dobson | ||||||
| Board Member | 0.20 | Yes (X) | $0 | $0 | $0 | |
| Marcia Bahr | ||||||
| President | 10.00 | Yes (X) | $0 | $0 | $0 | |
| Coty Bruender | ||||||
| Treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $23,616 | FundraisingAmt |
| All Other Contributions | $222,221 | AllOtherContributionsAmt |
| Total Contributions | $245,837 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,407 | TotalRevenueColumnAmt |
| Exclusion | $3,407 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $57,650 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $23,616 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $28,893 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,757 | TotalRevenueColumnAmt |
| Exclusion | $28,757 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $278,001 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $32,164 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,214 | TotalAmt |
| Program Services | $260,214 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,495 | TotalAmt |
| Program Services | $19,495 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,750 | TotalAmt |
| Management And General | $2,750 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,510 | TotalAmt |
| Management And General | $9,510 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Cancer Patient Support | $8,402 | $8,402 |
| Car Seat Safety Program | $3,507 | $3,507 |
| ImPACT Project | $2,999 | $2,999 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,752 | TotalAmt |
| Management And General | $1,828 | ManagementAndGeneralAmt |
| Fundraising | $3,924 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,629 | TotalAmt |
| Program Services | $294,617 | ProgramServicesAmt |
| Management And General | $14,088 | ManagementAndGeneralAmt |
| Fundraising | $3,924 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $407,728 | BOYAmt |
| EOY | $381,609 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,999 | BOYAmt |
| EOY | $17,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,271 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,271 | BOYAmt |
| EOY | $13,271 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $907,683 | BOYAmt |
| EOY | $1,068,890 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,344,681 | BOYAmt |
| EOY | $1,480,770 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,344,681 | BOYAmt |
| EOY | $1,480,770 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,344,681 | BOYAmt |
| EOY | $1,480,770 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,344,681 | BOYAmt |
| EOY | $1,480,770 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$34,628 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $170,717 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $343,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $155,487 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $347,929 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $395,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $245,837 | CurrentTaxYearAmt |
| Total | $1,489,008 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $343,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $155,487 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $347,929 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $395,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $245,837 | CurrentTaxYearAmt |
| Total | $1,489,008 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,112,104 | SubstantialContributorsTotAmt |
| Public Support Total170 | $376,904 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $291 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $319 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,905 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $56 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,407 | CurrentTaxYearAmt |
| Total | $8,978 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,497,986 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $129,844 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.25160 | PublicSupportCY170Pct |
| Public Support PY170 | 0.25790 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Section C, Line 17a, Facts and Circumstances Test: | FormAndLineReferenceDesc |
| Explanation | The organization's public support percentage is greater than ten-percent. It also meets the facts and circumstances test through the following means: * The organization conducts an annual golf tournament for solicitation of funds from the general public. * The organization receives a large portion of its contributions from Mankato Clinic, Ltd. which is a C corporation with 70 stockholders in 2023. * The organization's Board of Directors represents the broad interest of the public and is comprised of community leaders residing or working in the Mankato area as well as employees of the Mankato Clinic knowledgeable in the health field that the Foundation promotes. * The organization's mission and program service accomplishments are structured to benefit the general public in and around the Mankato area. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $487,816 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $145 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,558 | OtherExpendituresAmt |
| End Year Balance | $486,403 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $462,592 | BeginningYearBalanceAmt |
| Contributions | $30,063 | ContributionsAmt |
| Investment Earnings Or Losses | $147 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,986 | OtherExpendituresAmt |
| End Year Balance | $487,816 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $437,160 | BeginningYearBalanceAmt |
| Contributions | $30,282 | ContributionsAmt |
| Investment Earnings Or Losses | $150 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,000 | OtherExpendituresAmt |
| End Year Balance | $462,592 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $420,127 | BeginningYearBalanceAmt |
| Contributions | $21,735 | ContributionsAmt |
| Investment Earnings Or Losses | $298 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,000 | OtherExpendituresAmt |
| End Year Balance | $437,160 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $370,320 | BeginningYearBalanceAmt |
| Contributions | $59,270 | ContributionsAmt |
| Investment Earnings Or Losses | $399 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,862 | OtherExpendituresAmt |
| End Year Balance | $420,127 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.69610 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.11070 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.19320 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,271 | OtherCostOrOtherBasisAmt |
| Book Value | $13,271 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,271 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Assets Held by Mankato Area Foundation | Desc |
| Book Value | $1,068,890 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,068,890 | TotalBookValueOtherAssetsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part V, Line 4: | FormAndLineReferenceDesc |
| Explanation | Permanent endowment fund for scholarship purposes. The scholarships will be paid from the general fund until such a time that the endowment is generating enough earnings to cover the cost of the scholarships. Board designated endowment to build up reserves. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $81,266 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $23,616 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $57,650 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $2,020 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $9,161 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $262 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $7,498 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $9,952 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $81,266 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $23,616 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $57,650 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,020 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $9,161 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $262 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $7,498 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $9,952 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $28,893 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $28,757 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Mankato-North Mankato Youth Football | ||||||||
| 1001 Belgrade Ave | North Mankato | MN | 56003 | 411315900 | 501(C)(3) | $6,000 | $0 | Football Helmet Sponsorship: In the next 5 years, the organization will need to purchase 100 new helmets every year at $150 per helmet. |
| First Steps | ||||||||
| 101 N 2nd St | Mankato | MN | 56001 | 416008819 | 501(C)(3) | $42,125 | $0 | clinical social worker |
| JZ Cancer Fund | ||||||||
| 127 South Second Street | Mankato | MN | 56001 | 410011094 | 501(C)(3) | $6,000 | $0 | Fund Scholarship under the Johnathon Zeirt Cancer fund |
| Wellshare International | ||||||||
| 122 W Franklin Ave | Minneapolis | MN | 55404 | 411397062 | 501(C)(3) | $30,000 | $0 | To help assist WellShare International deploy Community Health Workers in communities to work with patients who struggle with access to resources due to social, racial, cultural, economic or other factors. |
| Educare | ||||||||
| Po Box 241 | Mankato | MN | 56001 | 411745553 | 501(C)(3) | $25,000 | $0 | Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding, we enable teachers to explore new ways to expand a world of learning for their students. |
| Mankato Youth Place | ||||||||
| 709 South Broad Street | Mankato | MN | 56001 | 411506852 | 501(C)(3) | $20,000 | $0 | A Safe Place for kids to learn and grow |
| Greater Mankato Area United Way | ||||||||
| 101 N 2nd St | Mankato | MN | 56001 | 416008819 | 501(C)(3) | $12,500 | $0 | clinical social worker |
| South Central College | ||||||||
| 1920 Lee Blvd | Mankato | MN | 56003 | 411687554 | Government | $20,000 | $0 | Scholarships |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Dig Pink Gift Cards | 80 | $8,000 |
| Pfeifer Scholarships | 2 | $2,986 |
| Sanders Scholarships | 1 | $2,000 |
| Scholarships | 9 | $6,509 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Individual scholarship recipients must show proof that their course was successfully completed and submit receipts of actual expenses incurred before they apply for and receive scholarship funds. Upon disbursement of grants to 501(c)(3) organizations, no formal monitoring is done. The Dig Pink gift cards are distributed to oncology patients. No formal monitoring is done. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | The following board members all have business relationships with each other: Marcia Bahr, Coty Bruender, Richard Peller, Katie Andersen, Rylee Anderson, Sreelatha Spieker, Tami Meehan, Keith Bauer, and Thomas Finn. |
| Form 990, Part VI, Section A, line 8b | There are no committees that act on behalf of the governing body. |
| Form 990, Part VI, Section B, line 11b | The President reviews the return prior to filing. A copy of the Form 990 will be provided to the Board prior to filing. |
| Form 990, Part VI, Section B, line 12c | An annual statement is signed by board members and officers that there are no conflicts. The governing board will review any potential conflicts. If a conflict exists, the individual must leave the meeting and cannot vote on the matter in conflict. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy, and financial statements are available upon request. |
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