Focus Corp Mn Inc
- Assets
- $566.2k
- Revenue
- $367.4k
- Investments
- $0.0
- Employees
- 33
- Location
- Roseau, MN
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 41-1878344
Organization Overview
Focus Corp Mn Inc is located in Roseau, MN. The organization was established in 1998. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, Focus Corp MN Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Focus Corp MN Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Focus Corp MN Inc generated $367.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $312.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SERVICES FOR THE DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION AND WORK TRAINING SERVICES FOR SEVERELY DISABLED CLIENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madison Borreson Supervisor | Officer | 40 | $48,275 |
Jennifer Tangen Coordinator | Officer | 40 | $16,261 |
Steve Dostal President | Trustee | 1 | $0 |
Eric Klein Vice-President | Trustee | 1 | $0 |
Joleen Kezar Secretary | Trustee | 1 | $0 |
Mitch Rhen Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $359,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,660 |
| Total Program Service Revenue | $7,665 |
| Investment income | $113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $367,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,536 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,208 |
| Payroll taxes | $17,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $365 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,841 |
| Information technology | $2,780 |
| Royalties | $0 |
| Occupancy | $17,130 |
| Travel | $38,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $550 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,147 |
| Insurance | $15,122 |
| All other expenses | $0 |
| Total functional expenses | $312,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,511 |
| Savings and temporary cash investments | $202,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $358,575 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $165 |
| Total assets | $566,195 |
| Accounts payable and accrued expenses | $9,893 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,893 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $556,302 |
| Total liabilities and net assets/fund balances | $566,195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anne Carlsen Center Jamestown, ND | $12,633,882 | $37,481,986 |
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Summit Academy Oic Minneapolis, MN | $17,542,372 | $16,544,974 |
Groves Academy St Louis Park, MN | $27,486,120 | $17,504,895 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |
Northeast Residence Inc White Bear Lake, MN | $10,561,990 | $9,409,360 |
Metro Deaf School Inc Saint Paul, MN | $5,404,852 | $8,171,369 |
Lake Region Corporation Devils Lake, ND | $4,659,780 | $9,506,457 |
Shepherds Baptist Ministries Inc Union Grove, WI | $10,932,314 | $7,438,958 |
New Century School St Paul, MN | $4,915,885 | $6,864,275 |
Phoenix Alternatives Inc White Bear Lake, MN | $5,941,141 | $7,421,750 |
Laura Baker School Association Northfield, MN | $5,414,331 | $5,578,294 |