Aliveo Learning Center INC FY2020 filing

Tax-deductible

Red Wing, MN501(c)(3)EducationEIN 41-1904314Revenue $42K in FY2020

On file with the IRS321 Bush St, 55066-2527 · Red Wing, MNTax-exempt since Jul 1998Publicly supported charity — 170(b)(1)(A)(vi)

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To educate the public, especially the youth, about military history through the protection, preservation, and presentation of military artifacts.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$37K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
5 of 5
filings with a surplus
Average surplus $42K a year · 44% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 187% of spending
Concern: pay to officers and key staff is 187% of spending; over 30%.
Pt VII · Sec A
Cash reserves
59 mo
of spending, in cash
Looks good: 59.3 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
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$42K
Spent
$20K
To programs
88%
Net assets
$122K
By yearFY2020–FY2024
Revenue
$42K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$42K
FY2021$78K
FY2022$99K
FY2023$115K
FY2024$144K
Expenses
$20K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021$27K
FY2022$52K
FY2023$71K
FY2024$97K
Net assets
$122K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$122K
FY2021$173K
FY2022$221K
FY2023$265K
FY2024$312K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Jul 1998.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $18K Management & general 12% · $2K

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

11 people listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
Ass Gmg Mgr/Director
$21,850Pt VII · Sec A
Gaming Mgr/Director
$15,220Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Wayne Sherman’s $42K as Asst Gmg Mgr/Director is at the 33rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Wayne Sherman$41,740$33,390$27,260$25,150$21,850
Valery Hoium$30,615$20,400—$14,950$15,220
Valery Schultz——$14,850——

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.

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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

Preserves and presents military artifacts to educate the public, especially youth, about history.

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Provided by the organization

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1 program · $18K · in their own filed words · FY2020
01

In 2009 the organization opened a museum to educate the public, expecially the youth, about military history through the protection, preservation, and presentation of military artifacts. The artifacts total over 500 items dating back to as early as the revolutionary war.

$18Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$42K
Ln 12
Other incomeLn 4–11$33K
Gifts and grantsLn 1h$8K
Investment incomeLn 3$421
Money outPt IX
$20K
Ln 25
Programscol B$18K
Managementcol C$2K
Owns and owesPt X
$122K
net assets · Ln 32
Cash and savingsLn 1–2$98K
Total assetsLn 16$122K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Government grantsLn 1e$6K
Investment incomeLn 3$421
Other incomeLn 4–11$33K
Total revenueLn 12$42K
Assets in detailPt X, end of year
CashLn 1$49K
SavingsLn 2$49K
Cash and savings togetherLn 1–2$98K
Other assetsLn 15$24K
Total assetsLn 16$122K
LiabilitiesLn 26$0
Net assetsLn 32$122K
OperationsPt I, VI
EmployeesI 52
VolunteersI 62
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$78K$98K
Total assetsLn 16$102K$122K
LiabilitiesLn 26$2K$0
Net assetsLn 32$100K$122K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$5K$5K$0$0
Accounting feesLn 11c$1K$0$1K$0
Advertising and promotionLn 12$2K$2K$75$0
Office expensesLn 13$2K$835$916$0
OccupancyLn 16$7K$7K$64$0
InsuranceLn 23$712$712$0$0
Other expenses (24a–d)Ln 24$2K$2K$192$0
Total functional expensesLn 25$20K$18K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $144K$97K$47K$312K 990 PDF
FY2023 $115K$71K$44K$265K 990 PDF
FY2022 $99K$52K$47K$221K 990 PDF
FY2021 $78K$27K$51K$173K 990 PDF
FY2020 Viewing $42K$20K$22K$122K 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 FY2020 990 (6 parts)
Part I · Summary $41,758 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,070$8,434
I-9 Program service revenue$0
I-10 Investment incomePrior year $509$421
I-11 Other revenuePrior year $30,983$32,903
I-12 Total revenuePrior year $35,562$41,758
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$5,448
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $9,772$14,393
I-18 Total expensesPrior year $9,772$19,841
I-19 Revenue less expensesPrior year $25,790$21,917
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $41,758 across 5 lines filed
Lines not itemized here account for $32,903 of total revenue; see the IRS return.
VIII-1e Government grants$6,242
VIII-1f All other contributions, gifts and grants$2,192
VIII-1h Total contributions, gifts and grants$8,434
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $421$421
VIII-12 Total revenueRelated to mission $0 · Unrelated business $32,903 · Excluded from tax $421$41,758
Part IX · Statement of functional expenses $19,841 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $5,448 · Management $0 · Fundraising $0$5,448
IX-11c Accounting feesPrograms $0 · Management $1,090 · Fundraising $0$1,090
IX-12 Advertising and promotionPrograms $1,754 · Management $75 · Fundraising $0$1,829
IX-13 Office expensesPrograms $835 · Management $916 · Fundraising $0$1,751
IX-16 OccupancyPrograms $6,783 · Management $64 · Fundraising $0$6,847
IX-23 InsurancePrograms $712 · Management $0 · Fundraising $0$712
IX-24 Other expenses (24a–d)Programs $1,972 · Management $192 · Fundraising $0$2,164
IX-25 Total functional expensesPrograms $17,504 · Management $2,337 · Fundraising $0$19,841
Part X · Balance sheet $122,153 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $52,565$49,275
X-2 Savings and temporary cash investmentsStart of year $25,306$48,727
X-15 Other assetsStart of year $24,051$24,151
X-16 Total assetsStart of year $101,982$122,153
X-26 Total liabilitiesStart of year $1,746$0
X-32 Total net assets or fund balancesStart of year $100,236$122,153
X-33 Total liabilities and net assetsStart of year $101,982$122,153
Part XI · Reconciliation of net assets $122,153 net assets at year end
XI-1 Total revenue$41,758
XI-2 Total expenses$19,841
XI-3 Revenue less expenses$21,917
XI-4 Net assets at start of year$100,236
XI-10 Net assets at end of year$122,153

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

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