Verus Community in Bloomington, Minnesota (MN)
Table of contents:
| Verus Community | |
| Employer Identification Number (EIN) | 202749746 |
| Name of Organization | Verus Community |
| In Care of Name | Kent R Garborg |
| Address | 6301 Bluff Dr, Bloomington, MN 55438-2420 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 03/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $300,438 |
| Amount of Income | $128,022 |
| Form 990 Revenue Amount | $103,226 |
| National Taxonomy of Exempt Entities (NTEE) | Crime, Legal-Related: Prison Alternatives |
Non-representatives - add comments:
Amount of income in 2014: $128,022 (it was $118,672 in 2013)
| Verus Community: | $128,022 |
| Other organizations performing similar types of work: | $166,598 |
Assets in 2014: $300,438 (it was $283,605 in 2013)
| This organization: | $300,438 |
| Other organizations performing similar types of work: | $27,425 |
Expenses in 2014: $71,451
| Verus Community: | $71,451 |
| Other organizations performing similar types of work: | $229,095 |
Income to expenses ratio in 2014: 1.8
| This organization: | 1.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 44.1%
| This organization: | 44.1% |
| Other organizations performing similar types of work: | 89.9% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $94,350 | $87,798 | $103,226 |
| Contributions, gifts, grants, and similar amounts received | $58,608 | $59,288 | $45,488 |
| Program service revenue including government fees and contracts | $21,609 | $23,387 | $27,543 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3 | $3 | $5 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $1,228 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $1,400 |
| Less: cost or other basis and sales expenses | $0 | $0 | $172 |
| Net income/loss from gaming and fundraising events | $-14,450 | $-8,282 | $0 |
| Gross profit/loss from sales of inventory | $28,580 | $13,402 | $28,962 |
| Gross sales of inventory, less returns and allowances | $74,979 | $33,619 | $53,586 |
| Less: cost of goods sold | $46,399 | $20,217 | $24,624 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $89,205 | $87,901 | $71,451 |
| Total net assets | $-24,088 | $-24,191 | $7,584 |
| Excess/Deficit for the year | $5,145 | $-103 | $31,775 |
| Net assets or fund balances at beginning of year | $-29,233 | $-24,088 | $-24,191 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-24,191 | $7,584 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $284,784 | $283,605 | $300,438 |
| Total liabilities | $308,872 | $307,796 | $292,854 |
| Net assets or fund balances | $-24,088 | $-24,191 | $7,584 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | Yes | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $167,502 |
| Subtotal Support | $235,832 |
| Gifts, grants, contributions, and membership fees received | $235,832 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $68,330 |
| Total Support | $237,012 |
| Public Support | $235,832 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $22 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $1,158 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $449,596 |
| Write your review! |
|
|
| Recently Added Reviews |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
|
Christian Actioin League Of Minnesota in Minneapolis, MN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Southeast Alabama Human Development Council Inc | PO BOX 565, Abbeville, AL 36310-0565 | AL | 2002-02 | $2,354,875 |
| 2 | Briarpatch Youth Services Inc | 2720 Rimrock Rd, Madison, WI 53713-3337 | WI | 2003-09 | $2,016,251 |
| 3 | Youth Unlimited Inc | PO BOX 485, High Point, NC 27261-0485 | NC | 1971-05 | $1,769,493 |
| 4 | Specialized Outpatient Services Inc | 5208 Classen Cir, Oklahoma City, OK 73118-4429 | OK | 2000-09 | $1,630,431 |
| 5 | U-Turn Foundation | 5235 E Southern Ave D106606, Mesa, AZ 85206-3626 | AZ | 2004-12 | $1,382,014 |
| 6 | Virginia Miller House | 3306 Claremont Ave S, Seattle, WA 98144-6813 | WA | 2002-08 | $875,234 |
| 7 | Step By Step Transitional Living Association Inc | 4154 N 12th Street, Phoenix, AZ 85014 | AZ | 2004-10 | $788,456 |
| 8 | Upright Treatment Center Inc | 428 57th St, Oakland, CA 94609-1702 | CA | 2010-10 | $698,974 |
| 9 | Turning Point Group Home For Girls Inc, Face To Face Group Home | PO BOX 1235, Claremont, CA 91711-1235 | CA | 2002-01 | $374,499 |
| 10 | Washington County Diversion Program Inc | 322 N Main St Ste 5, Barre, VT 05641-4110 | VT | 1982-10 | $264,045 |
| 11 | Autauga Elmore Community Corrections Program Inc | 5771 Airport Rd, Coosada, AL 36020-3023 | AL | 2012-06 | $251,605 |
| 12 | Restorative Justice Community Action Inc | 101 E Grant St, Minneapolis, MN 55403-2719 | MN | 2005-09 | $166,598 |
| 13 | Community Supervision Alternatives | 2809 Great Northern Loop Ste 200, Missoula, MT 59808-1749 | MT | 2014-04 | $129,239 |
| 14 | Verus Community | 6301 Bluff Dr, Bloomington, MN 55438-2420 | MN | 2005-10 | $128,022 |
| 15 | Second Judicial Circuit Communitypunishment And Corrections Inc | PO BOX 515, Greenville, AL 36037-0515 | AL | 2007-03 | $109,891 |
| 16 | Second Chance Ministries | 201 W Lakeway Road Suite 500b, Gillette, WY 82718 | WY | 2011-03 | $103,773 |
| 17 | The Pisgah Center | PO BOX 727, Fairview, NC 28730 | NC | 2011-07 | $86,005 |
| 18 | To-Ga-He-Yo-He Youth Ranch Inc | PO BOX 1124, Harlem, MT 59526-1124 | MT | 2001-11 | $67,700 |
| 19 | James House | PO BOX 1865, Willmar, MN 56201-1865 | MN | 2006-07 | $48,195 |
| 20 | Washington County Community Circles | 7064 Swest Point Douglas Road, Woodbury, MN 55125 | MN | 2008-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 150 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Verus Community »
Non-representatives - add comments about Verus Community»