MINNESOTA EDUCATION TRUST: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MINNESOTA EDUCATION TRUST (EIN 83-0473561)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201213219349300301
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-15T22:30:39-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY L PETERSEN CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PMB 335 1670 SOUTH ROBERT ST | AddressLine1 |
| City | W ST PAUL | City |
| State | MN | State |
| ZIP Code | 55118 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 830473561 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA EDUCATION TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MINN | NameControl |
| Phone | 6516476250 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 842 RAYMOND AVE | AddressLine1 |
| City | SAINT PAUL | City |
| State | MN | State |
| ZIP Code | 55114 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR ASIF RAHMAN | Name |
| Title | PRESIDENT | Title |
| Phone | 6516476250 | Phone |
| Date Signed | 2012-08-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFREY L PETERSEN CPA | Name |
| Phone | 6514509668 | Phone |
| Date Prepared | 2012-11-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR ASIF RAHMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 842 RAYMOND AVE | AddressLine1 |
| City | SAINT PAUL | City |
| State | MN | State |
| ZIP Code | 55114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 722484 | GrossReceipts |
| Group Return For Affiliates | true | GroupReturnForAffiliates |
| All Affiliates Included | true | AllAffiliatesIncluded |
| Group Exemption Number | 0001 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | MINNESOTA EDUCATION TRUST (MET) SEEKS TO SUPPORT RELIGIOUS CENTERS, COMMUNITY CENTERS, AND SCHOOLS AND TO ASSIST OTHER ORGANIZATIONS THAT SERVE GOALS SIMILAR TO THE GOALS OF MET. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 3 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 271828 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 89111 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3755 | InvestmentIncomePriorYear |
| Investment Income Current Year | 13026 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 766350 | OtherRevenuePriorYear |
| Other Revenue Current Year | 620347 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1041933 | TotalRevenuePriorYear |
| Total Revenue Current Year | 722484 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 205000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 182147 | OtherExpensePriorYear |
| Other Expenses Current Year | 147352 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 187147 | TotalExpensesPriorYear |
| Total Expenses Current Year | 352352 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 854786 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 370132 | RevenuesLessExpensesCY |
| Total Assets BOY | 5421918 | TotalAssetsBOY |
| Total Assets EOY | 5825574 | TotalAssetsEOY |
| Total Liabilities EOY | 71771 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5421918 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5753803 | NetAssetsOrFundBalancesEOY |
| Mission Description | MINNESOTA EDUCATION TRUST (MET) SEEKS TO SUPPORT RELIGIOUS CENTERS, COMMUNITY CENTERS, AND SCHOOLS AND TO ASSIST OTHER ORGANIZATIONS THAT SERVE GOALS SIMILAR TO THE GOALS OF MET. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 324573 | Expense |
| Grants | 205000 | Grants |
| Description | SUPPORT OF EDUCATION AND SCHOOLS | Description |
| Total Program Service Expense | 324573 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 3 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA EDUCATION TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6516476250 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 842 RAYMOND AVE | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (3 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DR ASIF RAHMAN | ||||||
| PRESIDENT | 10.00 | X | X | 0 | 0 | 0 |
| RIHAB SHOSHAN | ||||||
| OFFICER | 4.00 | X | X | 0 | 0 | 0 |
| DR HESHAM LELGOUHARI | ||||||
| OFFICER | 4.00 | X | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 89111 | GovernmentGrants |
| Total Contributions | 89111 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13026 | TotalRevenueColumn |
| Exclusion | $13,026 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENT | Description |
| Business Code | 531120 | BusinessCode |
| Total Revenue Column | 620347 | TotalRevenueColumn |
| Exclusion | $620,347 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 620347 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 722484 | TotalRevenueColumn |
| Exclusion | $633,373 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205000 | Total |
| Program Services | 205000 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13053 | Total |
| Management And General | 13053 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7550 | Total |
| Management And General | 7550 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38714 | Total |
| Program Services | 33518 | ProgramServices |
| Management And General | 5196 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1980 | Total |
| Management And General | 1980 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75642 | Total |
| Program Services | 75642 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10413 | Total |
| Program Services | 10413 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 352352 | Total |
| Program Services | 324573 | ProgramServices |
| Management And General | 27779 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1323662 | BOY |
| EOY | 1610595 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1000 | BOY |
| EOY | 62625 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 10963 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3399642 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 522383 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2979018 | BOY |
| EOY | 2877259 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1118238 | BOY |
| EOY | 1264132 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5421918 | BOY |
| EOY | 5825574 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1771 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 70000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 71771 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4491918 | BOY |
| EOY | 4823803 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 930000 | BOY |
| EOY | 930000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5421918 | BOY |
| EOY | 5753803 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5421918 | BOY |
| EOY | 5825574 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 370132 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -38247 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1074486 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 248882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 262631 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 271828 | CurrentTaxYearMinus1Year |
| Current Tax Year | 89111 | CurrentTaxYear |
| Total | 1946938 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1074486 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 248882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 262631 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 271828 | CurrentTaxYearMinus1Year |
| Current Tax Year | 89111 | CurrentTaxYear |
| Total | 1946938 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 1946938 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 3755 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13026 | CurrentTaxYear |
| Total | 16781 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 462000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 664090 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 706840 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 766350 | CurrentTaxYearMinus1Year |
| Current Tax Year | 620347 | CurrentTaxYear |
| Total | 3219627 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5183346 | TotalSupport |
| Public Support Pertcentage170 | 0.37560 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.37700 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 409583 | OtherCostOrOtherBasis |
| Book Value | 409583 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2950059 | OtherCostOrOtherBasis |
| Depreciation | 482383 | Depreciation |
| Book Value | 2467676 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40000 | OtherCostOrOtherBasis |
| Depreciation | 40000 | Depreciation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2877259 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ENDOWMENT FUNDS | 1144286 |
| NEIGHBORHOOD WORKS INVESTMENT | 119846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 1264132 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO NEIGHBORHOOD WORKS | Description |
| Amount | $70,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 70000 | TotalOfAmounts |
| Total Revenue | 722484 | TotalRevenue |
| Total Expenses | 352352 | TotalExpenses |
| Excess Or Deficit For Year | 370132 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -11978 | NetUnrealizedGLOnInvestments |
| Investment Expenses | -154 | InvestmentExpenses |
| Total Adjustments | -12132 | TotalAdjustments |
| Excess Or Deficit Per FS | 358000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 710506 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -11978 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -11978 | RevenueNotRptdF990 |
| Revenue Subtotal | 722484 | RevenueSubtotal |
| Total Revenue Per Form990 | 722484 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 352198 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 352198 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 154 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 154 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 352352 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|---|
| SEED ACADEMY | ||||
| 1300 OLSON MEMORIAL HIWAY | MINNEAPOLIS | MN | 55411 | 15000 |
| ISLAMIC INSTITUTE OF MINNESOTA | ||||
| 1351 RIVERWOOD DRIVE | BURNSVILLE | MN | 55337 | 10000 |
| DARUL ARGAM ISLAMIC SCHOOL | ||||
| 11815 ADEL ROAD | HOUSTON | TX | 77067 | 150000 |
| AL-IHSAN INC | ||||
| 406 ST MARKS PLACE | STATEN ISLAND | NY | 10301 | 30000 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | VOTING AND MANAGERIAL DECISIONS |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS MAY ELECT THE BOARD |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | SUBJECT TO APPROVAL OF MEMBERSHIP |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | PRESENTED AND REVIEWED BY BOARD |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | ALL BOARD MEMBERS COMPLY |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | BOARD HAS ELECTED NO COMPENSATION FOR DIRECTORS OR MANAGEMENT |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | BOARD HAS ELECTED NO COMPENSATION |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE AT OFFICES AND IS FILED WITH ATTORNEY GENERAL |
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