PROPEL NONPROFITS: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PROPEL NONPROFITS (EIN 41-1916337)
- Tax period
- 2019-04-01 to 2020-03-31
- Filed
- 2021-02-15
- IRS object ID
- 202100469349301400
- Schema version
- 2019v5.2
- 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 | 2021-02-15T10:12:47-06:00 | ReturnTs |
| Tax Period End | 2020-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S 6TH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411916337 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROPEL NONPROFITS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROP | BusinessNameControlTxt |
| Phone | 6122496700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET NO 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATE BARR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6122496700 | PhoneNum |
| Signature | 2021-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEIRDRE HODGSON | PreparerPersonNm |
| PTIN | P01484710 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2021-02-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATE BARR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET NO 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,395,161 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PROPELNONPROFITS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,598,397 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,703,358 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,523,581 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,571,914 | CYProgramServiceRevenueAmt |
| PY Investment Income | $25,344 | PYInvestmentIncomeAmt |
| CY Investment Income | $64,622 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,147,322 | PYTotalRevenueAmt |
| CY Total Revenue | $8,339,894 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,460,388 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,969,627 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,592,839 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,654,295 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $152,093 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,425,873 | PYOtherExpensesAmt |
| CY Other Expenses | $1,531,504 | CYOtherExpensesAmt |
| PY Total Expenses | $7,479,100 | PYTotalExpensesAmt |
| CY Total Expenses | $7,155,426 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $668,222 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,184,468 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,277,659 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,727,822 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,579,547 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,845,242 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,698,112 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,882,580 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY.WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,539,076 | ExpenseAmt |
| Grant | $286,039 | GrantAmt |
| Revenue | $1,878,289 | RevenueAmt |
| Desc | LENDING: AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE US TREASURY, PROPEL NONPROFITS MAKES LOANS TO NONPROFIT ORGANIZATIONS TO EXPAND PROGRAMS AND SERVICES, BRIDGE CASH FLOW GAPS, CONSOLIDATE DEBT, AND MAKE CAPITAL IMPROVEMENTS. WE BELIEVE THAT ACCESS TO CAPITAL IS ESSENTIAL TO THE GROWTH AND STABILITY OF THE NONPROFIT SECTOR. PROPEL NONPROFITS MAKES LOANS TO NONPROFITS OF ALL SIZES AND STAGES OF DEVELOPMENT, MANY OF WHICH HAVE BEEN HISTORICALLY UNDER-SERVED BY TRADITIONAL CREDIT MARKETS. LOANS ARE AS LARGE AS $1 MILLION AND AS SMALL AS $10,000. OVERALL, WE MADE 112 NEW LOANS IN FY2020 TOTALING $19,798,106. OUR LENDING IMPACTED ORGANIZATIONS WORKING IN HEALTH CARE, HUMAN SERVICES, ARTS AND HUMANITIES, CHARTER SCHOOLS, COMMUNITY DEVELOPMENT, AND AFFORDABLE HOUSING. BY PARTNERING WITH OTHER CAPITAL PROVIDERS, WE ALSO LEVERAGED ADDITIONAL FUNDS OF $19 MILLION INTO THE COMMUNITY. WITHIN THE LENDING PROGRAM, PROPEL NONPROFITS HAS CONTINUED THE INNOVATIVE EQUITY BUILDER LOAN PROGRAM. THIS PROGRAM INCLUDES INTENSE TECHNICAL ASSISTANCE, A COHORT LEARNING PROCESS, LOAN FORGIVENESS, AND A STRUCTURED SAVINGS PROGRAM THAT BRINGS EQUITY TO THE BALANCE SHEETS OF MINNESOTA-BASED ARTS AND CULTURE NONPROFITS. ULTIMATELY, THE GOAL IS TO ALLOW THE LEADERS OF THESE ORGANIZATIONS TO BE MORE STRATEGIC AND VISIONARY IN THEIR WORK. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,753,602 | ExpenseAmt |
| Grant | $2,519,493 | GrantAmt |
| Revenue | $214,661 | RevenueAmt |
| Desc | FISCAL SPONSORSHIP: PROPEL NONPROFITS ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT YET ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED IN ORDER TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE THE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. ALONG WITH THE FISCAL MANAGEMENT OPTION, PROPEL NONPROFITS PROVIDES EXTENSIVE TECHNICAL ASSISTANCE ON TOPICS SUCH AS FINANCIAL LEADERSHIP, BOARD GOVERNANCE, NONPROFIT BUSINESS MODELS, AND STRATEGY PLANNING. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $703,899 | ExpenseAmt |
| Grant | $164,095 | GrantAmt |
| Revenue | $346,675 | RevenueAmt |
| Desc | STRATEGIC SERVICES: PROPEL BELIEVES THAT NONPROFITS ARE EXPERTS IN THEIR OWN PURPOSE, MISSION, CULTURE, AND APPROACH TO THEIR OWN WORK. AT PROPEL WE SEE OUR ROLE AS A MUTUAL PARTNER THAT ASSIST NONPROFITS ALIGN THEIR VISION, GET THEIR BOARDS AND LEADERSHIP TEAMS ON THE SAME PAGE, LEVERAGE CONFLICT FOR BETTER COMMUNICATION, AND HELP EQUIP NONPROFITS WITH THE TOOLS TO BE MORE EFFECTIVE WITH REACHING THEIR MISSION. THE TOOLS THAT PROPEL USE ARE STRATEGIC PLANNING, ORGANIZATIONAL DEVELOPMENT, BOARD DEVELOPMENT, AND LEADERSHIP TRANSITION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,177,612 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $196,911 | RevenueAmt |
| Desc | PROPEL NONPROFITS PROVIDES A WIDE RANGE OF INTEGRATED PROGRAMS AND SERVICES FOR NONPROFIT ORGANIZATIONS. SERVICES TO NONPROFITS INCLUDE PROGRAMS DESIGNED TO PROVIDE FINANCIAL MANAGEMENT ASSISTANCE TO LOAN CLIENTS AND TO OTHER NONPROFITS. PROGRAMS PROVIDE OUTSOURCED ACCOUNTING AND FINANCIAL SERVICES ALONG WITH CUSTOMIZED TECHNICAL ASSISTANCE WHICH HELPS ORGANIZATIONS UNDERSTAND THEIR FINANCIAL SITUATION, IDENTIFY PRIORITIES, AND DEVELOP A PLAN OF ACTION FOR THE NEAR AND LONG-TERM FUTURE. TECHNICAL ASSISTANCE AND CONSULTING SERVICES INCLUDE A WIDE RANGE OF DIAGNOSTIC AND MENTORING DISCUSSIONS WITH STAFF AND BOARD LEADERS. THESE PROJECTS HELP NONPROFITS IDENTIFY, ANALYZE, AND ADAPT THEIR BUSINESS MODEL AND DEVELOP PLANS TO TIE THEIR MISSION AND GOALS TO STRATEGIES THAT GROW CAPACITY AND STRENGTHEN SUSTAINABILITY. PROPEL NONPROFITS' ALSO PROVIDES ON-GOING TRAINING THAT RANGES FROM SOCIAL ENTERPRISES TO FINANCIAL MANAGEMENT AND ACCOUNTING FOR NONPROFITS. IN FY2019 PROPEL NONPROFITS PROVIDED TRAINING AND CONSULTING TO COHORTS IN SAINT PAUL, DULUTH, AND WISCONSIN. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,177,612 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $196,911 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $6,174,189 | 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 | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | 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 | Yes (1) | 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 | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | 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 | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | 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 | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVEN AMBRUS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6122496700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET NO 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| JEAN ADAMS | |||||||
| BOARD MEMBER | 2.00 | 37.50 | Yes (X) | $0 | $256,222 | $51,885 | |
| KATE BARR | |||||||
| PRESIDENT AND CEO | 40.00 | 0.00 | $169,775 | $0 | $23,737 | Yes (X) | |
| JANET OGDEN-BRACKETT | |||||||
| VICE PRESIDENT OF PROGRAMS | 40.00 | 0.00 | $118,756 | $0 | $26,758 | Yes (X) | |
| KEVEN AMBRUS | |||||||
| VICE PRESIDENT OF FINANCE & CHIEF FINANCIAL OFFICE | 40.00 | 0.00 | $108,411 | $0 | $28,718 | Yes (X) | |
| HEIDI CHRISTIANSON | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| COURTNEY COLBY | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BRAD KRUSE | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SCOTT MARQUARDT | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SONY MALHOTRA | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID MITCHELL | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARCUS OWENS | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PATTY PANNKUK | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MAGUI RUBALCAVA SCHULMAN | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GARY TAVERNA | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BO THAO-URABE | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DIANE TRAN | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL BABCOCK | |||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SARAH CLYNE | |||||||
| VICE CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SEAN KERSHAW | |||||||
| CHAIR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ELIZABETH TOPOLUK | |||||||
| TREASURER | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $396,942 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $256,222 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $131,098 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $827,500 | RelatedOrganizationsAmt |
| Government Grants | $234,013 | GovernmentGrantsAmt |
| All Other Contributions | $4,641,845 | AllOtherContributionsAmt |
| Total Contributions | $5,703,358 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST REVENUE | 522200 | $1,720,223 | $1,720,223 |
| CLIENT FEE AND CONTRAC | 541900 | $726,023 | $726,023 |
| LOAN FEE REVENUE | 522200 | $108,268 | $108,268 |
| WORKSHOP AND TRAINING | 611430 | $17,400 | $17,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,571,914 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,433 | TotalRevenueColumnAmt |
| Exclusion | $80,433 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $39,456 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,267 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$15,811 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$15,811 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$15,811 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,339,894 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,556,103 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $80,433 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,969,627 | TotalAmt |
| Program Services | $2,969,627 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,223 | TotalAmt |
| Program Services | $252,856 | ProgramServicesAmt |
| Management And General | $236,161 | ManagementAndGeneralAmt |
| Fundraising | $16,206 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,635,124 | TotalAmt |
| Program Services | $1,312,528 | ProgramServicesAmt |
| Management And General | $254,691 | ManagementAndGeneralAmt |
| Fundraising | $67,905 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,756 | TotalAmt |
| Program Services | $65,626 | ProgramServicesAmt |
| Management And General | $12,735 | ManagementAndGeneralAmt |
| Fundraising | $3,395 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,726 | TotalAmt |
| Program Services | $222,788 | ProgramServicesAmt |
| Management And General | $37,184 | ManagementAndGeneralAmt |
| Fundraising | $11,754 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,466 | TotalAmt |
| Program Services | $120,054 | ProgramServicesAmt |
| Management And General | $34,349 | ManagementAndGeneralAmt |
| Fundraising | $6,063 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,915 | TotalAmt |
| Program Services | $588 | ProgramServicesAmt |
| Management And General | $6,327 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,946 | TotalAmt |
| Program Services | $3,492 | ProgramServicesAmt |
| Management And General | $1,454 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,446 | TotalAmt |
| Management And General | $28,446 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,738 | TotalAmt |
| Program Services | $135,198 | ProgramServicesAmt |
| Management And General | $64,540 | ManagementAndGeneralAmt |
| Fundraising | $18,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,074 | TotalAmt |
| Program Services | $23,687 | ProgramServicesAmt |
| Management And General | $572 | ManagementAndGeneralAmt |
| Fundraising | $815 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,073 | TotalAmt |
| Program Services | $47,250 | ProgramServicesAmt |
| Management And General | $31,396 | ManagementAndGeneralAmt |
| Fundraising | $1,427 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,356 | TotalAmt |
| Program Services | $72,964 | ProgramServicesAmt |
| Management And General | $16,033 | ManagementAndGeneralAmt |
| Fundraising | $2,359 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,975 | TotalAmt |
| Program Services | $175,067 | ProgramServicesAmt |
| Management And General | $49,468 | ManagementAndGeneralAmt |
| Fundraising | $8,440 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,555 | TotalAmt |
| Program Services | $23,055 | ProgramServicesAmt |
| Management And General | $5,535 | ManagementAndGeneralAmt |
| Fundraising | $6,965 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,434 | TotalAmt |
| Program Services | $34,139 | ProgramServicesAmt |
| Management And General | $2,547 | ManagementAndGeneralAmt |
| Fundraising | $1,748 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $535,802 | TotalAmt |
| Program Services | $535,802 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,382 | TotalAmt |
| Program Services | $147,593 | ProgramServicesAmt |
| Management And General | $42,042 | ManagementAndGeneralAmt |
| Fundraising | $6,747 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,738 | TotalAmt |
| Program Services | $5,882 | ProgramServicesAmt |
| Management And General | $5,587 | ManagementAndGeneralAmt |
| Fundraising | $269 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LENDING EXPENSES | $15,533 | $15,533 | |
| UNCOLLECTIBLE ACCOUNTS | $9,613 | $9,613 | |
| OTHER FILING FEE EXPENS | $924 | $847 | $77 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,155,426 | TotalAmt |
| Program Services | $6,174,189 | ProgramServicesAmt |
| Management And General | $829,144 | ManagementAndGeneralAmt |
| Fundraising | $152,093 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,432,280 | BOYAmt |
| EOY | $7,396,961 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,744,312 | BOYAmt |
| EOY | $1,511,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $875,212 | BOYAmt |
| EOY | $1,484,920 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,613 | BOYAmt |
| EOY | $160,295 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,809,732 | BOYAmt |
| EOY | $28,420,091 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,233 | BOYAmt |
| EOY | $122,811 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,489,862 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $671,840 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $946,451 | BOYAmt |
| EOY | $818,022 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,195,015 | BOYAmt |
| EOY | $813,722 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,811 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,277,659 | BOYAmt |
| EOY | $40,727,822 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $685,326 | BOYAmt |
| EOY | $667,487 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,675 | BOYAmt |
| EOY | $576,190 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,696 | BOYAmt |
| EOY | $1,080,943 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,749,850 | BOYAmt |
| EOY | $23,520,622 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,579,547 | BOYAmt |
| EOY | $25,845,242 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,008,914 | BOYAmt |
| EOY | $11,606,718 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,689,198 | BOYAmt |
| EOY | $3,275,862 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,698,112 | BOYAmt |
| EOY | $14,882,580 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,277,659 | BOYAmt |
| EOY | $40,727,822 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,184,468 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $793,556 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,303,225 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,719,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,598,397 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,703,358 | CurrentTaxYearAmt |
| Total | $23,118,240 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $793,556 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,303,225 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,719,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,598,397 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,703,358 | CurrentTaxYearAmt |
| Total | $23,118,240 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,340,542 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,777,698 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,835 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,032 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,433 | CurrentTaxYearAmt |
| Total | $156,548 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $23,274,788 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,405,001 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80680 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $586,929 | OtherCostOrOtherBasisAmt |
| Depreciation | $152,363 | DepreciationAmt |
| Book Value | $434,566 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $868,433 | OtherCostOrOtherBasisAmt |
| Depreciation | $516,973 | DepreciationAmt |
| Book Value | $351,460 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,500 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,504 | DepreciationAmt |
| Book Value | $31,996 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $818,022 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,339,894 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,339,894 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,339,894 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,155,426 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,155,426 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,155,426 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE COMBINED ORGANIZATION ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL NONPROFITS ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. IF THE CLIENT CHOOSES TO HAVE PROPEL NONPROFITS ADMINISTER ITS FUNDS, THOSE FUNDS BECOME A LIABILITY OF PROPEL NONPROFITS AND ARE RECORDED AS SUCH FOR ACCOUNTING PURPOSES. THE ARRANGEMENT INCLUDES PROPEL NONPROFITS HOLDING THE CLIENT'S FUNDS IN A CUSTODIAL ACCOUNT, PROVIDING BOOKKEEPING AND ACCOUNTING SERVICES, AND ASSISTING IN OTHER ADMINISTRATIVE DUTIES RELATED TO THOSE FUNDS. IN THIS ARRANGEMENT, THE MANAGEMENT OF THE FISCALLY-SPONSORED CLIENT DIRECTS THE USE OF THE FUNDS. PROPEL NONPROFITS SIMPLY EXECUTES THE MECHANICS OF THE TRANSACTIONS. |
| PART X, LINE 2: | PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE (IRC). IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS.PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE (IRC). IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (55 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| ASSOCIATION FOR BLACK ECONOMIC POWER | |||||||||
| 227 COLFAX AVE NORTH STE 230 | MINNEAPOLIS | MN | 55405 | 815486146 | 501(C)(3) | $7,028 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| BREAK THE SILENCE | |||||||||
| PO BOX 17370 LOT 1851 | SAINT PAUL | MN | 55117 | 812003541 | 501(C)(3) | $227,386 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| CLOSEKNIT | |||||||||
| PO BOX 3852 | MINNEAPOLIS | MN | 55403 | 474977811 | $27,896 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM | |
| COFFEE HOUSE PRESS | |||||||||
| 79 13TH AVE NE | MINNEAPOLIS | MN | 55413 | 363332945 | 501(C)(3) | $6,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| COMMONWEAL THEATRE COMPANY | |||||||||
| 208 PARKWAY AVE N | LANESBORO | MN | 55949 | 411796293 | 501(C)(3) | $7,278 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| COMMUNITY HEALTH FUND | |||||||||
| 5810 42ND AVE N | ROBBINSDALE | MN | 55422 | 820728457 | $59,155 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM | |
| COUNCIL FOR BLACK MALE SUCCESS | |||||||||
| 381 ROBIE STREET E | SAINT PAUL | MN | 55107 | 842160972 | $669,278 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM | |
| CULTURAL DIVERSITY RESOURCES | |||||||||
| 303 ROBERTS ST N | FARGO | ND | 58102 | 411896836 | 501(C)(3) | $8,688 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| DISCAPACITADOS ABRIENDOSE CAMINOS | |||||||||
| 107 S 7TH AVE | SOUTH SAINT PAUL | MN | 55075 | 411936762 | 501(C)(3) | $14,555 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| FAMILY VALUES FOR LIFE | |||||||||
| 1280 ARCADE ST | SAINT PAUL | MN | 55106 | 412006889 | 501(C)(3) | $8,256 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| FILMNORTH | |||||||||
| 550 VANDALIA STREET | SAINT PAUL | MN | 55114 | 411594894 | 501(C)(3) | $19,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| FOSTER ADVOCATES | |||||||||
| 555 WABASHA ST NORTH | SAINT PAUL | MN | 55102 | 825411160 | 501(C)(3) | $155,565 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| GREAT RIVER PASSAGE CONSERVANCY | |||||||||
| 500 CITY HALL ANNEX 25 W 4TH ST | SAINT PAUL | MN | 55102 | 832828394 | 501(C)(3) | $90,000 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| GUTTER PUNK COFFEE | |||||||||
| 3125 10TH AVE SOUTH | MINNEAPOLIS | MN | 55407 | 820734578 | 501(C)(3) | $12,158 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| HALLIE Q BROWN | |||||||||
| 270 N KENT ST | SAINT PAUL | MN | 55102 | 410693846 | 501(C)(3) | $10,000 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| ILLUSION THEATRE | |||||||||
| 528 HENNEPIN AVE | MINNEAPOLIS | MN | 55403 | 237392140 | 501(C)(3) | $6,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| IN THE HEART OF THE BEAST THEATER | |||||||||
| 1500 EAST LAKE STREET | MINNEAPOLIS | MN | 55407 | 411251313 | 501(C)(3) | $33,000 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| INDIGENOUS ROOTS | |||||||||
| 788 EAST 7TH STREET | SAINT PAUL | MN | 55107 | 474492457 | 501(C)(3) | $9,000 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| JUXTAPOSITION ARTS | |||||||||
| 1500 EAST LAKE STREET | MINNEAPOLIS | MN | 55411 | 411851915 | 501(C)(3) | $26,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| KA JOOG | |||||||||
| 419 CEDAR AVE SOUTH | MINNEAPOLIS | MN | 55454 | 392073475 | 501(C)(3) | $10,000 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| LAO ASSISTANCE CENTER OF MN | |||||||||
| 503 IRVING AVE NORTH | MINNEAPOLIS | MN | 55405 | 363255880 | 501(C)(3) | $19,502 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| LIVEMORE | |||||||||
| PO BOX 10711 | SAINT PAUL | MN | 55110 | 842537633 | 501(C)(3) | $72,000 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| MACROSTIE ART CENTER | |||||||||
| 405 NW 1ST AVE | GRAND RAPIDS | MN | 55744 | 237105948 | 501(C)(3) | $16,333 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| MARKET ENTRY FUND | |||||||||
| 1136 GRAND AVENUE | SAINT PAUL | MN | 55105 | 834587871 | $10,100 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM | |
| MEWINZHA ONDAADIZIIKE WIIGAMING | |||||||||
| 1819 BEMIDJI AVE NORTH | BEMIDJI | MN | 56601 | 462523191 | 501(C)(3) | $16,097 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| MINNEAPOLIS FOUNDATION (LATINO LEAD) | |||||||||
| 80 S 8TH ST STE 800 | MINNEAPOLIS | MN | 55402 | 416029402 | 501(C)(3) | $13,333 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT - FISCAL FOR LATINO LEAD |
| MINNESOTA INDIGENOUS BUSINESS ALLIANCE | |||||||||
| PO BOX 40354 | SAINT PAUL | MN | 55104 | 815041824 | 501(C)(3) | $85,191 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| MPGL ENTERTAINMENT | |||||||||
| 4712 ZENITH AVE SOUTH | MINNEAPOLIS | MN | 55410 | 841832278 | 501(C)(3) | $25,080 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| NEW NATIVE THEATRE TCTOCC | |||||||||
| PO BOX 40118 | SAINT PAUL | MN | 55104 | 273901099 | 501(C)(3) | $71,525 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC |
| NORTHERN EAGLE FEDERAL CREDIT UNION | |||||||||
| 5342 LAKESHORE DR | NETT LAKE | MN | 55772 | 463975380 | 501(C)(3) | $50,000 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| PANGEA WORLD THEATRE TCTOCC | |||||||||
| 711 WEST LAKE STREET SUITE 101 | MINNEAPOLIS | MN | 55408 | 411854164 | 501(C)(3) | $71,525 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC |
| PARENTS RADICALLY ORGANIZED PROS | |||||||||
| 1360 UNIVERSITY AVE W STE 422 | SAINT PAUL | MN | 55114 | 832120537 | 501(C)(3) | $260,000 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| PARK SQUARE THEATRE | |||||||||
| 408 SAINT PETER ST | SAINT PAUL | MN | 55102 | 411280683 | 501(C)(3) | $21,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| PENUMBRA THEATRE COMPANY | |||||||||
| 270 NORTH KENT STREET | SAINT PAUL | MN | 55102 | 411563764 | 501(C)(3) | $13,333 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| PENUMBRA THEATRE COMPANY TCTOCC | |||||||||
| 270 NORTH KENT STREET | SAINT PAUL | MN | 55102 | 411563764 | 501(C)(3) | $120,150 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC |
| PROJECT IMPRINTZ | |||||||||
| 3133 EAST CALHOUN PARKWAY | MINNEAPOLIS | MN | 55408 | 825305250 | 501(C)(3) | $64,737 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| PROPEL NONPROFITS (MNIBA) | |||||||||
| 1 SE MAIN STREET | MINNEAPOLIS | MN | 55414 | 411916337 | 501(C)(3) | $9,406 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT - FISCAL FOR MN INDIGENOUS BUSINESS ALLIANCE |
| QUALITY EDUCATION SERVICES | |||||||||
| 2828 UNIVERSITY AVE SE STE150 | MINNEAPOLIS | MN | 55414 | 464014810 | 501(C)(3) | $110,344 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| REVIVING THE ISLAMIC SISTERHOOD FOR EMPOWERMENT | |||||||||
| 1007 WEST BROADWAY AVE N | MINNEAPOLIS | MN | 55411 | 811236990 | 501(C)(3) | $11,695 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| SAHAN JOURNAL | |||||||||
| 370 WABASHA AT N STE 500 | SAINT PAUL | MN | 55102 | 832745995 | 501(C)(3) | $6,812 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| SAHAN JOURNAL | |||||||||
| 370 WABASHA AT N STE 500 | SAINT PAUL | MN | 55102 | 832745995 | 501(C)(3) | $15,180 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| SAINT PAUL NEIGHBORHOOD NETWORK | |||||||||
| 550 VANDALIA ST STE 170 | SAINT PAUL | MN | 55101 | 411500773 | 501(C)(3) | $23,000 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| SOMALI COMMUNITY RESETTLEMENT SVCS | |||||||||
| 201 S LYNDALE AVE | FAIRBAULT | MN | 55021 | 311668255 | 501(C)(3) | $5,851 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| SOO VISUAL ARTS CENTER | |||||||||
| 2909 BRYANT AVE SOUTH STE 101 | MINNEAPOLIS | MN | 55438 | 411944443 | 501(C)(3) | $16,533 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| TANKA FUND | |||||||||
| 287 WATER TOWER ROAD | KYLE | SD | 57752 | 825315136 | 501(C)(3) | $28,628 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| TEATRO DEL PUEBLO TCTOCC | |||||||||
| 209 PAGE ST W SUITE 208 | SAINT PAUL | MN | 55107 | 411739320 | 501(C)(3) | $71,525 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC |
| THE CEDAR CULTURAL CENTER INC | |||||||||
| 416 CEDAR AVE SOUTH | MINNEAPOLIS | MN | 55454 | 411669156 | 501(C)(3) | $15,228 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT |
| THE WORKS | |||||||||
| 9740 GRAND AVE SOUTH | BLOOMINGTON | MN | 55420 | 411570750 | 501(C)(3) | $6,667 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| THEATER MU INC | |||||||||
| 755 PRIOR AVE NORTH | SAINT PAUL | MN | 55104 | 411727881 | 501(C)(3) | $23,333 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| THEATER MU INC TCTOCC | |||||||||
| 755 PRIOR AVE NORTH | SAINT PAUL | MN | 55104 | 411727881 | 501(C)(3) | $71,525 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC |
| THRIVE ED | |||||||||
| 3221 HAZELWOOD W | MINNETONKA | MN | 55391 | 833718861 | 501(C)(3) | $42,424 | N/A | N/A | FISCAL SPONSORSHIP PROGRAM |
| TU DANCE | |||||||||
| 2121 UNIVERSITY AVE WEST | SAINT PAUL | MN | 55104 | 202534129 | 501(C)(3) | $10,000 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| WALKER WEST MUSIC ACADEMY | |||||||||
| 760 SELBY AVE | SAINT PAUL | MN | 55104 | 411678368 | 501(C)(3) | $13,333 | N/A | N/A | LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM |
| WE WIN INSTITUTE INC | |||||||||
| 3751 17TH AVE SOUTH | MINNEAPOLIS | MN | 55407 | 411820991 | 501(C)(3) | $13,157 | N/A | N/A | NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT |
| ZAMYA THEATER PROJECT | |||||||||
| 3501 CHICAGO AVE S | MINNEAPOLIS | MN | 55407 | 832374869 | $77,738 | FISCAL SPONSORSHIP PROGRAM | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 38 | Total501c3OrgCnt |
| Total Other Org | 17 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE MADE TO CLIENT PARTICIPANTS IN OUR SOCIAL ENTERPRISE COHORT, EQUITY BUILDER LOAN PROGRAM, FISCAL SPONSORSHIP PROGRAM, AND NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP). IN ALL FOUR OF THESE PROGRAMS, CLIENTS MUST APPLY AND ARE VETTED FOR FIT AND PROBABLE SUCCESS. FOR CLIENTS THAT ARE GRANTEES IN THE SOCIAL ENTERPRISE COHORT AND EQUITY BUILDER LOAN PROGRAM, THE GRANTEE MUST BE ACTIVELY PARTICIPATING IN THE PROGRAM, ATTENDING REQUIRED MEETINGS AND TRAININGS, AND MEETING MINIMUM PROGRAMMATIC AND FINANCIAL THRESHOLDS. OUR PROGRAM STAFF ARE IN CONSTANT CONTACT WITH THE CLIENT PARTICIPANTS AND MONITOR THEIR PROGRESS. EACH APPLICANT TO THE FISCAL SPONSORSHIP PROGRAM APPLIES AND IS VETTED BY A COMMITTEE OF BOARD, STAFF, AND COMMUNITY MEMBERS. ONCE ACCEPTED AS A FISCALLY SPONSORED CLIENT, MOST OF THESE CLIENTS HAVE ENGAGED PROPEL NONPROFITS TO PROVIDE ONGOING PROGRAM AND ACCOUNTING SUPPORT. GRANTEES OF THE NIGP APPLIED TO AND WERE ACCEPTED BY A COMMITTEE OF COMMUNITY REPRESENTATIVES. FOR BOTH THE FISCAL SPONSORSHIP PROGRAM AND THE NIGP, GRANTEES ARE CONSTANTLY MONITORED AND SUPPORTED. PROGRAM ACTIVITIES INCLUDE A WIDE VARIETY OF OFFERINGS, INCLUDING THE FOLLOWING: SUPPORT FOR ORGANIZATIONAL REQUIREMENTS DURING ONBOARDING; ACCESS TO NO COST OR DISCOUNTED TRAINING; GUIDANCE ON FINANCIAL MANAGEMENT, GOVERNANCE, AND STRATEGY; NO COST OR DISCOUNTED CONSULTING SERVICES; INVITATIONS TO PARTICIPATE IN PEER LEARNING; AND ADDITIONAL TECHNICAL ASSISTANCE PROVIDED BY PROPEL NONPROFITS STAFF. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEAN ADAMS | ||||||||||||||
| BOARD MEMBER | $0 | $255,060 | $0 | $0 | $0 | $1,162 | $0 | $20,922 | $0 | $30,963 | $0 | $308,107 | $0 | $0 |
| KATE BARR | ||||||||||||||
| PRESIDENT AND CEO | $169,775 | $0 | $0 | $0 | $0 | $0 | $8,902 | $0 | $14,835 | $0 | $193,512 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | KATE BARR, PRESIDENT AND CEO OF PROPEL NONPROFITS, IS A BOARD MEMBER OF BOREALIS PHILANTHROPY, A NONPROFIT PHILANTHROPIC INTERMEDIARY ORGANIZATION WHOSE CEO, MAGUI RUBALCAVA SHULMAN, IS A BOARD MEMBER OF PROPEL NONPROFITS. |
| FORM 990, PART VI, SECTION A, LINE 7A | BOARD MEMBERS OF PROPEL NONPROFITS ARE RECRUITED AND SELECTED BY THE BOARD OF PROPEL NONPROFITS. IN AN ARRANGEMENT THAT REPRESENTS ITS HISTORICAL ORIGINS AND ITS CURRENT CORPORATE STRUCTURE AS A SUBSIDIARY, A BARE MAJORITY OF THE PROPEL NONPROFITS BOARD MEMBERS ARE PRESENTED TO AND FORMALLY ELECTED BY THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | GIVEN THAT PROPEL NONPROFITS IS A SUBSIDIARY ORGANIZATION OF THE MINNEAPOLIS FOUNDATION, AND ACCORDING TO THE BYLAWS OF PROPEL NONPROFITS, THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY AT ANY TIME REMOVE A DIRECTOR OF THE BOARD OF PROPEL NONPROFITS THAT THE MINNEAPOLIS FOUNDATION HAS ELECTED TO THE PROPEL NONPROFITS BOARD. THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY ALSO APPOINT A DIRECTOR TO FILL ANY VACANCY OF A PROPEL NONPROFITS BOARD MEMBER FORMALLY ELECTED BY THE MINNEAPOLIS FOUNDATION IN THE EVENT OF A VACANCY CAUSED BY DEATH, RESIGNATION, OR REMOVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE A DRAFT WAS AVAILABLE, THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDITED FINANCIAL STATEMENTS ON WHICH THE FORM 990 IS BASED, ARE PRESENTED TO THE FINANCE COMMITTEE BY THE AUDITORS. THE 990 IS PREPARED BY THE VICE PRESIDENT OF FINANCE AND CFO BASED ON THE AUDITED FINANCIAL STATEMENTS. THE 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE AND PRESIDENT AND CEO. THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED BY ITS DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE OF THE PROPEL NONPROFITS' BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ANNUALLY THE PERFORMANCE AND SALARY OF THE PRESIDENT AND CEO. BASED ON THE REVIEW, THE COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT AND CEO. IN ITS SALARY DETERMINATION, THE COMMITTEE ENGAGES AN HR COMPENSATION CONSULTANT, CONSIDERS SALARIES OF CEO'S IN PEER ORGANIZATIONS WITH COMPARABLE EXPERIENCE, CONSULTS SURVEY DATA OF NONPROFIT EXECUTIVES, AND REVIEWS THE HISTORY OF THE PRESIDENT AND CEO'S COMPENSATION. THE PRESIDENT AND CEO'S SALARY WAS LAST REVIEWED IN FALL 2019. NO CHANGES TO THE PRESIDENT AND CEO'S SALARY HAVE OCCURRED SINCE THAT TIME. |
| FORM 990, PART VI, SECTION C, LINE 19 | PROPEL NONPROFITS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE UPON REQUEST. PROPEL NONPROFITS' GOVERNING DOCUMENTS INCLUDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND IRS FORM 1023. PROPEL NONPROFITS FINANCIAL STATEMENTS, ANNUAL REPORTS, AND QUARTERLY INVESTOR REPORTS ARE AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. PROPEL NONPROFITS FINANCIAL STATEMENTS INCLUDE ITS AUDITED FINANCIAL STATEMENTS, SINGLE AUDIT (WHEN REQUIRED), AND IRS FORM 990 INCLUDING SCHEDULES AND ATTACHMENTS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MINNEAPOLIS FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 SOUTH 8TH STREET IDS CENTER 800 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416029402 | EIN |
| Primary Activities | PHILANTHROPY | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MINNEAPOLIS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $827,500 | InvolvedAmt |
| Method Of Amount Determination | CASH RECEIVED | MethodOfAmountDeterminationTxt |
Comments