Northspan Group Incorporated FY2022 filing

Not tax-deductible

Duluth, MN501(c)(4)EIN 36-3386158

See statement on schedule o

51¢ of each $1 spent went to programs.
$109K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $40K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$109K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$276K
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$837K
+2% vs prior year
Spent
$1.1M
To programs
51%
Net assets
$142K
By yearFY2020–FY2024
Revenue
$837K
FY2022▲ +2%
Revenue by fiscal year
FY2020$828K
FY2021$824K
FY2022$837K
FY2023$1.4M
FY2024$1.8M
Expenses
$1.1M
FY2022▲ +31%
Expenses by fiscal year
FY2020$785K
FY2021$817K
FY2022$1.1M
FY2023$1.5M
FY2024$1.8M
Net assets
$142K
FY2022▼ -62%
Net assets by fiscal year
FY2020$369K
FY2021$376K
FY2022$142K
FY2023$69K
FY2024$126K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1986.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $548K Management & general 49% · $524K

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

Who runs it and what they're paid

14 people listed on the 990; $109K paid to officers and key staff.

Part VII, Section A · reportable compensation
President and CEO
$108,802Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elissa Hansen$126,225$120,713$108,802$109,046$108,329

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Northspan Group Incorporated 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 15aYes

Programs and updates

Facilitates financing and provides expertise for businesses and communities to grow the economy.

Provided by the organization

This section is blank until Northspan Group Incorporated claims this page.

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3 program services account for $548K of program spending, described in the organization's own filed words · FY2022.
01

Community

Naics code 541610 see statement on schedule o

$385Kprogram expense
02

Business

Naics code 523930NORTHSPANS business development services nest within a network of public and private partners to provide critical gap services, and we work with companies of all sizes to grow the economy in the communities we serve.

$87Kprogram expense
03

Organizational

Naics code 541610NORTHSPAN improves the health and vitality of boards, councils, committees, groups, and collaborations through organizational development and builds capacity, improves decision-making, and enhances effectiveness.

$76Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$300K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$837K
Ln 12
Fees for servicesLn 2g$836K
Other incomeLn 4–11$1K
Investment incomeLn 3$576
Money outPt IX
$1.1M
Ln 25
Programscol B$548K
Managementcol C$524K
Owns and owesPt X
$142K
net assets · Ln 32
Cash and savingsLn 1–2$210K
Total assetsLn 16$418K
LiabilitiesLn 26$276K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$836K
Investment incomeLn 3$576
Other incomeLn 4–11$1K
Total revenueLn 12$837K
Assets in detailPt X, end of year
CashLn 1$103K
SavingsLn 2$107K
Cash and savings togetherLn 1–2$210K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$418K
LiabilitiesLn 26$276K
Net assetsLn 32$142K
OperationsPt I, VI
EmployeesI 55
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$346K$210K
Land, buildings, equipmentLn 10c$2K$3K
Total assetsLn 16$485K$418K
LiabilitiesLn 26$108K$276K
Net assetsLn 32$376K$142K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$246K$246K
Other salaries and wagesLn 7$269K$269K
Other employee benefitsLn 9$86K$86K
Payroll taxesLn 10$40K$21K$19K
Legal feesLn 11b$2K$2K
Other fees for servicesLn 11g$88K$80K$7K
Advertising and promotionLn 12$53K$37K$16K
Office expensesLn 13$8K$8K
OccupancyLn 16$46K$46K
TravelLn 17$28K$19K$9K
Conferences, conventions and meetingsLn 19$51K$42K$9K
InterestLn 20$573$573
Depreciation, depletion and amortizationLn 22$669$669
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$90K$58K$32K
All other expensesLn 24e$60K$21K$38K
Total functional expensesLn 25$1.1M$548K$524K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.8M$1.8M$57K$126K 990 PDF
FY2023 $1.4M$1.5M−$73K$69K 990 PDF
FY2022 Viewing $837K$1.1M−$234K$142K 990 PDF
FY2021 $824K$817K$7K$376K 990 PDF
FY2020 $828K$785K$43K$369K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $837,383 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $835,592$835,592
VIII-3 Investment incomeRelated to mission $576$576
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,215$1,215
VIII-12 Total revenueRelated to mission $837,383 · Unrelated business $0 · Excluded from tax $0$837,383
Part IX · Statement of functional expenses $1,071,482 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $246,388$246,388
IX-7 Other salaries and wagesPrograms $268,848$268,848
IX-9 Other employee benefitsManagement $86,489$86,489
IX-10 Payroll taxesPrograms $21,104 · Management $19,141$40,245
IX-11b Legal feesManagement $2,325$2,325
IX-11g Other fees for servicesPrograms $80,238 · Management $7,458$87,696
IX-12 Advertising and promotionPrograms $36,862 · Management $16,008$52,870
IX-13 Office expensesManagement $7,741$7,741
IX-16 OccupancyManagement $46,319$46,319
IX-17 TravelPrograms $19,026 · Management $8,502$27,528
IX-19 Conferences, conventions and meetingsPrograms $42,344 · Management $8,661$51,005
IX-20 InterestManagement $573$573
IX-22 Depreciation, depletion and amortizationManagement $669$669
IX-23 InsuranceManagement $3,364$3,364
IX-24 Other expenses (24a–d)Programs $58,172 · Management $31,697$89,869
IX-24e All other expensesPrograms $21,321 · Management $38,232$59,553
IX-25 Total functional expensesPrograms $547,915 · Management $523,567 · Fundraising $0$1,071,482
Part X · Balance sheet $418,334 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $240,100$103,266
X-2 Savings and temporary cash investmentsStart of year $106,235$106,714
X-4 Accounts receivableStart of year $136,633$158,698
X-9 Prepaid expenses and deferred charges$46,489
X-10c Land, buildings and equipment, netStart of year $1,592$3,167
X-16 Total assetsStart of year $484,560$418,334
X-17 Accounts payable and accrued expensesStart of year $9,889$20,882
X-24 Unsecured notes and loans payableStart of year $25,000$24,955
X-25 Other liabilitiesStart of year $73,525$230,450
X-26 Total liabilitiesStart of year $108,414$276,287
X-32 Total net assets or fund balancesStart of year $376,146$142,047
X-33 Total liabilities and net assetsStart of year $484,560$418,334
Part XI · Reconciliation of net assets $142,047 net assets at year end
XI-1 Total revenue$837,383
XI-2 Total expenses$1,071,482
XI-3 Revenue less expenses−$234,099
XI-4 Net assets at start of year$376,146
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$142,047

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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