Pinecone Central Park Association FY2020 filing

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Develop a community complex that provides a state of the art outdoor activity center in Sartell, MN

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average deficit $31K a year · 32% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$142K
Spent
$134K
To programs
100%
Net assets
$83K
By yearFY2020–FY2022
Revenue
$142K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$142K
FY2021$145K
FY2022$210
Expenses
$134K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$134K
FY2021$124K
FY2022$121K
Net assets
$83K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$83K
FY2021$121K
FY2022$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $134K Management & general 0% · $350

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Spanier
$0Pt VII · Sec A
Mathiasen
$0Pt VII · Sec A
Meyer
$0Pt VII · Sec A
See Pinecone Central Park Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds a modern outdoor activity center for community use.

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Provided by the organization

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2 programs · $134K · in their own filed words · FY2020
01

The organization continued improvements, which is focased on developing: 8 - 12 multipurpose fields for soccer, football, ect 4 youth baseball/softball fields Concession stand and restrooms First phase of walking paths Improvements to champion field

$134Kprogram expense
02

The organization sponsors and runs athletic tournaments and events at Pine Cone Park, including baseball tournaments, soccer games and music in the park.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$142K
Ln 12
Gifts and grantsLn 1h$111K
Fees for servicesLn 2g$31K
Investment incomeLn 3$459
Money outPt IX
$134K
Ln 25
Programscol B$134K
Managementcol C$350
Owns and owesPt X
$83K
net assets · Ln 32
Cash and savingsLn 1–2$83K
Total assetsLn 16$83K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Government grantsLn 1e$60K
Noncash giftsLn 1g$45
Fees for servicesLn 2g$31K
Investment incomeLn 3$459
Total revenueLn 12$142K
Assets in detailPt X, end of year
CashLn 1$83K
Cash and savings togetherLn 1–2$83K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$83K
LiabilitiesLn 26$0
Net assetsLn 32$83K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$92K$83K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$92K$83K
LiabilitiesLn 26$0$0
Net assetsLn 32$92K$83K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$350$0$350$0
Office expensesLn 13$122$122$0$0
InsuranceLn 23$1K$1K$0$0
Other expenses (24a–d)Ln 24$103K$103K$0$0
All other expensesLn 24e$30K$30K$0$0
Total functional expensesLn 25$134K$134K$350$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $210$121K−$121K$0 990 PDF
FY2021 $145K$124K$21K$121K 990 PDF
FY2020 Viewing $142K$134K$8K$83K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $142,134 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $260,118$110,800
I-9 Program service revenuePrior year $58,281$30,875
I-10 Investment incomePrior year $1,237$459
I-11 Other revenue$0
I-12 Total revenuePrior year $319,636$142,134
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $436,107$134,467
I-18 Total expensesPrior year $436,107$134,467
I-19 Revenue less expensesPrior year −$116,471$7,667
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $142,134 across 7 lines filed
VIII-1e Government grants$60,000
VIII-1f All other contributions, gifts and grants$50,800
VIII-1g Noncash contributions (included above)$45
VIII-1h Total contributions, gifts and grants$110,800
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$30,875
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$459
VIII-12 Total revenueRelated to mission $31,334 · Unrelated business $0 · Excluded from tax $0$142,134
Part IX · Statement of functional expenses $134,467 across 5 lines filed
IX-11c Accounting feesPrograms $0 · Management $350 · Fundraising $0$350
IX-13 Office expensesPrograms $122 · Management $0 · Fundraising $0$122
IX-23 InsurancePrograms $1,003 · Management $0 · Fundraising $0$1,003
IX-24 Other expenses (24a–d)Programs $103,330 · Management $0 · Fundraising $0$103,330
IX-24e All other expensesPrograms $29,662 · Management $0 · Fundraising $0$29,662
IX-25 Total functional expensesPrograms $134,117 · Management $350 · Fundraising $0$134,467
Part X · Balance sheet $83,287 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $92,441$83,287
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $92,441$83,287
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $92,441$83,287
X-33 Total liabilities and net assetsStart of year $92,441$83,287
Part XI · Reconciliation of net assets $83,287 net assets at year end
XI-1 Total revenue$142,134
XI-2 Total expenses$134,467
XI-3 Revenue less expenses$7,667
XI-4 Net assets at start of year$92,441
XI-10 Net assets at end of year$83,287

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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