Tip Ottertail Chapter

Tax-deductible

Detroit Lakes, MN501(c)(3)EIN 41-1931233

Educate public about poaching and encourage them to report natural resource violations. All general fund activities are reported on the state level organization tip INC ein 41-1404865.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 10 volunteers and 47 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $15K a year · 62% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 314% of spending
Concern: pay to officers and key staff is 314% of spending; over 30%.
Pt VII · Sec A
Cash reserves
108 mo
of spending, in cash
Looks good: 108.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$82K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$227K
-380% vs prior year
Spent
$48K
To programs
100%
Net assets
$366K
By yearFY2020–FY2024
Revenue
−$227K
FY2024▼ -380%
Revenue by fiscal year
FY2020$51K
FY2021$191K
FY2022$30K
FY2023$81K
FY2024−$227K
Expenses
$48K
FY2024
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$48K
Net assets
$366K
FY2024▼ -43%
Net assets by fiscal year
FY2020$356K
FY2021$547K
FY2022$576K
FY2023$641K
FY2024$366K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1940.

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% · $48K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation
Gambling Man
$100,438Pt VII · Sec A
Vice Preside
$28,055Pt VII · Sec A
Secretary/Tr
$20,093Pt VII · Sec A
President
$3,030Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rebecca Folendorf$100,438————
Dayle Peterson—$48,400$47,150$45,575$44,950
Janice Peterson$28,055$31,400———
Sandra Erickson$20,093————
Tony Peterson$3,030————

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 Tip Ottertail Chapter 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates the public about poaching and encourages reporting of natural resource violations.

Provided by the organization

This section is blank until Tip Ottertail Chapter claims this page.

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1 program service account for $48K of program spending, described in the organization's own filed words · FY2024.
01

Educate public against poaching and encourage them to report natural resource violations, primarily through its support of tip inc.

$48Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
−$227K
Ln 12
Gifts and grantsLn 1h$40K
Investment incomeLn 3$4
Money outPt IX
$48K
Ln 25
Programscol B$48K
Owns and owesPt X
$366K
net assets · Ln 32
Cash and savingsLn 1–2$436K
Total assetsLn 16$448K
LiabilitiesLn 26$82K
PeoplePt VI, VII
5
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$40K
Fundraising eventsLn 1c$15K
Investment incomeLn 3$4
Total revenueLn 12−$227K
Assets in detailPt X, end of year
CashLn 1$436K
Cash and savings togetherLn 1–2$436K
Total assetsLn 16$448K
LiabilitiesLn 26$82K
Net assetsLn 32$366K
OperationsPt I, VI
EmployeesI 547
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$688K$436K
Total assetsLn 16$719K$448K
LiabilitiesLn 26$79K$82K
Net assetsLn 32$641K$366K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$21K$21K
Other expenses (24a–d)Ln 24$27K$27K
Total functional expensesLn 25$48K$48K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing −$227K$48K−$275K$366K 990 PDF
FY2023 $81K$0$81K$641K 990 PDF
FY2022 $30K$0$30K$576K 990 PDF
FY2021 $191K$0$191K$547K 990 PDF
FY2020 $51K$0$51K$356K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue −$226,844 across 5 lines filed
Lines not itemized here account for −$266,650 of total revenue; see the IRS return.
VIII-1c Fundraising events$14,775
VIII-1f All other contributions, gifts and grants$25,027
VIII-1h Total contributions, gifts and grants$39,802
VIII-3 Investment incomeExcluded from tax $4$4
VIII-12 Total revenueUnrelated business −$314,108 · Excluded from tax $47,462−$226,844
Part IX · Statement of functional expenses $48,216 across 2 lines filed
IX-12 Advertising and promotionPrograms $20,750$20,750
IX-24 Other expenses (24a–d)Programs $27,466$27,466
IX-25 Total functional expensesPrograms $48,216 · Management $0 · Fundraising $0$48,216
Part X · Balance sheet $447,825 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $688,070$435,535
X-8 Inventories for sale or useStart of year $16,542$12,290
X-16 Total assetsStart of year $719,461$447,825
X-17 Accounts payable and accrued expensesStart of year $76,855$82,148
X-26 Total liabilitiesStart of year $78,724$82,148
X-27 Net assets without donor restrictionsStart of year $640,737$365,677
X-32 Total net assets or fund balancesStart of year $640,737$365,677
X-33 Total liabilities and net assetsStart of year $719,461$447,825
Part XI · Reconciliation of net assets $365,677 net assets at year end
XI-1 Total revenue−$226,844
XI-2 Total expenses$48,216
XI-3 Revenue less expenses−$275,060
XI-4 Net assets at start of year$640,737
XI-10 Net assets at end of year$365,677

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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