Highland Popcorn

Tax-deductible

Saint Paul, MN501(c)(3)EmploymentEIN 85-0689381Revenue $243K in FY2024

On file with the IRShighlandpopcorn.com2138 Ford Pkwy, 55116-1863 · Saint Paul, MNTax-exempt since Apr 2020Publicly supported charity — 170(b)(1)(A)(vi)

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Provide meaningful life and employment opportunities for people with intellectual and developmental disabilities.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 40 volunteers and 5 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
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $37K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$93K
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$243K
Spent
$233K
To programs
70%
Net assets
$54K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2020.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $163K Management & general 21% · $50K Fundraising 9% · $20K

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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Highland Popcorn 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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Empowers individuals with disabilities through meaningful life and employment opportunities.

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Provided by the organization

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1 program · $163K · in their own filed words · FY2024
01

Highland Popcorn provides meaningful life and employment opportunities for individuals with intellectual and developmental disabilities. The program offers free access to the Highland Popcorn shop and event area, along with complimentary professional staff hosting services, and free or discounted popcorn products for organizations…

$163Kprogram expense

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$37K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$243K
Ln 12
Other incomeLn 4–11$126K
Gifts and grantsLn 1h$117K
Money outPt IX
$233K
Ln 25
Programscol B$163K
Managementcol C$50K
Fundraisingcol D$20K
Owns and owesPt X
$54K
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$147K
LiabilitiesLn 26$93K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Other incomeLn 4–11$126K
Total revenueLn 12$243K
Assets in detailPt X, end of year
CashLn 1$76K
Cash and savings togetherLn 1–2$76K
Land, buildings, equipmentLn 10c$65K
Other assetsLn 15$5K
Total assetsLn 16$147K
LiabilitiesLn 26$93K
Net assetsLn 32$54K
OperationsPt I, VI
EmployeesI 55
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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−$2K$76K
Land, buildings, equipmentLn 10c$46K$65K
Total assetsLn 16$49K$147K
LiabilitiesLn 26$6K$93K
Net assetsLn 32$43K$54K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$102K$71K$20K$10K
Payroll taxesLn 10$9K$6K$2K$857
Other fees for servicesLn 11g$32K$22K$10K
Advertising and promotionLn 12$27K$19K$5K$3K
Office expensesLn 13$8K$5K$2K$768
Information technologyLn 14$2K$1K$383$192
OccupancyLn 16$32K$22K$6K$3K
Conferences, conventions and meetingsLn 19$380$266$76$38
Depreciation, depletion and amortizationLn 22$7K$5K$1K$723
InsuranceLn 23$7K$5K$1K$678
Other expenses (24a–d)Ln 24$8K$5K$2K$775
Total functional expensesLn 25$233K$163K$50K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $243K$233K$10K$54K 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 (6 parts)
Part I · Summary $242,955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $117,689$116,692
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$126,263
I-12 Total revenuePrior year $117,689$242,955
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$110,374
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $74,376$122,272
I-18 Total expensesPrior year $74,376$232,646
I-19 Revenue less expensesPrior year $43,313$10,309
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $242,955 across 3 lines filed
Lines not itemized here account for $126,263 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$116,692
VIII-1h Total contributions, gifts and grants$116,692
VIII-12 Total revenueRelated to mission $126,263 · Unrelated business $0 · Excluded from tax $0$242,955
Part IX · Statement of functional expenses $232,646 across 11 lines filed
IX-7 Other salaries and wagesPrograms $71,263 · Management $20,361 · Fundraising $10,180$101,804
IX-10 Payroll taxesPrograms $5,999 · Management $1,714 · Fundraising $857$8,570
IX-11g Other fees for servicesPrograms $22,239 · Management $9,531$31,770
IX-12 Advertising and promotionPrograms $18,715 · Management $5,347 · Fundraising $2,674$26,736
IX-13 Office expensesPrograms $5,373 · Management $1,535 · Fundraising $768$7,676
IX-14 Information technologyPrograms $1,342 · Management $383 · Fundraising $192$1,917
IX-16 OccupancyPrograms $22,420 · Management $6,406 · Fundraising $3,203$32,029
IX-19 Conferences, conventions and meetingsPrograms $266 · Management $76 · Fundraising $38$380
IX-22 Depreciation, depletion and amortizationPrograms $5,064 · Management $1,447 · Fundraising $723$7,234
IX-23 InsurancePrograms $4,745 · Management $1,356 · Fundraising $678$6,779
IX-24 Other expenses (24a–d)Programs $5,426 · Management $1,550 · Fundraising $775$7,751
IX-25 Total functional expensesPrograms $162,852 · Management $49,706 · Fundraising $20,088$232,646
Part X · Balance sheet $146,560 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year −$1,718$76,452
X-10c Land, buildings and equipment, netStart of year $45,703$65,108
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $48,985$146,560
X-17 Accounts payable and accrued expensesStart of year $5,684$17,423
X-26 Total liabilitiesStart of year $5,684$92,950
X-27 Net assets without donor restrictionsStart of year $43,301$53,610
X-32 Total net assets or fund balancesStart of year $43,301$53,610
X-33 Total liabilities and net assetsStart of year $48,985$146,560
Part XI · Reconciliation of net assets $53,610 net assets at year end
XI-1 Total revenue$242,955
XI-2 Total expenses$232,646
XI-3 Revenue less expenses$10,309
XI-4 Net assets at start of year$43,301
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$53,610

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

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