Totals
- Total revenue
- $14,890,475
- Total expenses
- $15,494,241
- Contributions and grants received
- $16,877,476
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- -$403,669
- Other revenue
- -$1,583,332
- Total assets, end of year
- $24,714,498
- Total liabilities, end of year
- $1,247,038
- Net assets or fund balances, end of year
- $23,467,460
- Program services expenses (Part IX)
- $11,277,097
- Management and general expenses
- $2,796,052
- Fundraising expenses
- $1,421,092
- Program service expenses (Part III)
- $11,277,097
Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$3,137,590
-
1e · Government grants (contributions)
$1,452,447
-
1f · All other contributions, gifts and grants
$12,287,439
-
1g · Noncash contributions included above
$172,353
-
3 · Investment income
total $459,491 · excluded $459,491
-
7a · Gross sales of assets other than inventory
securities $15,270,525
-
7b · Less cost or other basis and sales expenses
securities $16,133,685
-
7c · Gain or loss
securities -$863,160
-
7d · Net gain or loss
total -$863,160 · excluded -$863,160
-
8a · Fundraising events: gross income
$300,181
-
8a · Fundraising events: contributions included on line 1c
$3,137,590
-
8b · Fundraising events: direct expenses
$1,965,370
-
8c · Net income from fundraising events
total -$1,665,189 · excluded -$1,665,189
-
11a · Other revenue: MISCELLANEOUS
total $81,857 · related or exempt $81,857
-
11e · Other revenue, total
$81,857
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $826,834 · program services $552,213 · management and general $148,849 · fundraising $125,772
-
7 · Other salaries and wages
total $4,220,456 · program services $2,823,324 · management and general $757,253 · fundraising $639,879
-
8 · Pension plan contributions
total $101,927 · program services $67,430 · management and general $18,700 · fundraising $15,797
-
9 · Other employee benefits
total $539,016 · program services $356,587 · management and general $98,891 · fundraising $83,538
-
10 · Payroll taxes
total $359,898 · program services $238,091 · management and general $66,029 · fundraising $55,778
-
11b · Fees: legal
total $14,806 · management and general $14,806
-
11c · Fees: accounting
total $19,900 · management and general $19,900
-
11d · Fees: lobbying
total $66,667 · fundraising $66,667
-
11f · Fees: investment management
total $71,766 · management and general $71,766
-
11g · Fees: other
total $1,858,222 · program services $663,024 · management and general $1,029,511 · fundraising $165,687
-
13 · Office expenses
total $192,177 · program services $23,865 · management and general $102,635 · fundraising $65,677
-
14 · Information technology
total $269,939 · program services $49,670 · management and general $184,162 · fundraising $36,107
-
16 · Occupancy
total $323,262 · program services $216,160 · management and general $58,025 · fundraising $49,077
-
17 · Travel
total $350,191 · program services $213,382 · management and general $122,406 · fundraising $14,403
-
22 · Depreciation, depletion and amortization
total $7,347 · program services $5,005 · management and general $1,294 · fundraising $1,048
-
23 · Insurance
total $45,528 · management and general $45,528
-
24a · Other expenses: PARTNER CONTRACTS
total $5,054,894 · program services $5,054,894 · management and general $0 · fundraising $0
-
24b · Other expenses: PROGRAM EXPENSES
total $726,603 · program services $693,962 · management and general $20,537 · fundraising $12,104
-
24c · Other expenses: EVALUATION SERVICES
total $201,958 · program services $201,958
-
24d · Other expenses: RELATED ORGANIZATION EX
total $167,500 · program services $112,050 · management and general $30,054 · fundraising $25,396
-
24e · All other expenses
total $75,350 · program services $5,482 · management and general $5,706 · fundraising $64,162
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,559,411 · end of year $4,503,347
-
3 · Pledges and grants receivable
beginning of year $8,907,121 · end of year $9,613,158
-
4 · Accounts receivable
end of year $1,608,586
-
9 · Prepaid expenses and deferred charges
beginning of year $119,619 · end of year $106,554
-
10a · Land, buildings and equipment: cost or other basis
$369,511
-
10b · Land, buildings and equipment: accumulated depreciation
$6,753
-
10c · Land, buildings and equipment, net
beginning of year $135,591 · end of year $362,758
-
11 · Investments: publicly traded securities
beginning of year $13,436,227 · end of year $8,520,095
-
15 · Other assets
beginning of year $1,540 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,304,153 · end of year $1,247,038
-
27 · Net assets without donor restrictions
beginning of year $18,579,458 · end of year $14,045,283
-
28 · Net assets with donor restrictions
beginning of year $4,275,898 · end of year $9,422,177
Mission and programs · 2022
Mission
THE NAZ MISSION IS TO END MULTI-GENERATIONAL POVERTY IN NORTH MINNEAPOLIS BY BUILDING A CULTURE OF ACHIEVEMENT WHERE ALL LOW-INCOME CHILDREN OF COLOR HAVE THE SUPPORT THEY NEED TO GRADUATE HIGH SCHOOL AND SUCCEED IN COLLEGE, CAREER, AND LIFE.
Activities or mission (Part I)
MISSION OF NORTHSIDE ACHIEVEMENT ZONE (NAZ) IS TO END MULTI-GENERATIONAL POVERTY IN N. MINNEAPOLIS.
-
THE NAZ MISSION IS TO END MULTI-GENERATIONAL POVERTY IN NORTH MINNEAPOLIS BY BUILDING A CULTURE OF ACHIEVEMENT WHERE ALL LOW-INCOME CHILDREN OF COLOR HAVE THE SUPPORT THEY NEED TO GRADUATE HIGH SCHOOL AND SUCCEED IN COLLEGE, CAREER, AND LIFE.NAZ ACCOMPLISHES THIS THROUGH PARTNERSHIP WITH PARENTS, COMMUNITY ORGANIZATIONS, AND SCHOOLS. FOUNDED IN 2008, NAZ IS A COLLABORATIVE OF MORE THAN 30 NORTHSIDE NON-PROFITS, EARLY CHILDHOOD CENTERS AND K-12 SCHOOLS THAT ARE COMMITTED TO BUILDING MEASURABLE AND LASTING CHANGE IN A COMMUNITY THAT HAS BEEN PLAGUED BY RACIAL DISCRIMINATION AND THE RESULTING DISPARITIES IN HOME OWNERSHIP, JOBS AND EDUCATION. IN FY23 THERE WERE 1,072 FAMILIES AND 2,245 CHILDREN ENROLLED IN NAZ.THROUGH NAZ, TWO GENERATIONS OF NORTHSIDERS ARE LEADING THEMSELVES OUT OF POVERTY.-CHILDREN FOCUS ON BUILDING THEIR OWN ACADEMIC GOALS, AND THEY ARE SUPPORTED BOTH IN SCHOOL AND OUTSIDE OF SCHOOL-PARENTS ARE ADVOCATING FOR THEIR CHILDREN AND ACTIVELY LEADING THEM ON A PATH TO COLLEGE, STARTING AT BIRTH-FAMILIEIS ARE SURROUNDED BY A TEAM, INCLUDING TRAINED NAZ FAMILY ACHIEVEMENT COACHES, WHO PROVIDE THE CONNECTIONS TO REACH THEIR GOALS.FY23 WAS THE SECOND OF A THREE-YEAR STRATEGIC BUSINESS PLAN TO ESTABLISH LONG-TERM GOALS FOR THE ORGANIZATION BASED ON THE NEEDS OF OUR COMMUNITY, TAKING INTO ACCOUNT THE LONG-TERM EFFECTS OF THE PANDEMIC.PROGRAMMATICALLY, THIS PLAN FOCUSES ON BUILDING ON THE CORE OF NAZ THROUGH:-EXPANDING OUR FAMILY ACADEMY CLASSES AND FAMILY ACHIEVEMENT COACHING-LEVERAGING THE POWER OF PARENTS AND SCHOLARS IN THE COMMUNITY-PROVIDING GREATER ACCESS TO HIGH QUALITY EARLY CHILDHOOD PROGRAMS-SUPPORTING SCHOLARS' ACADEMIC PROGRESS THORUGH NEW EDUCATIONAL PARTNERSHIPS ANDEXPANDING OUR CITYWIDE AND STATEWIDE INFLUENCE BY DEEPENING POLICY AND ADVOCACY EFFORTSAT THE POPULATION LEVEL, OUR OVERALL GOAL IS TO INSPIRE AND SUPPORT PARENTS TO ACHIEVE THEIR OWN SUCCESS THROUGH A RESULTS-BASED COLLABORATIVE THAT TRACKS THE PROGRESS OF FAMILIES SO THAT ALL NORTH MINNEAPOLIS CHILDREN REACH THEIR FULL AND UNLIMITED POTENTIAL.NAZ CAN REPORT THE FOLLOWING SERVICE NUMBERS FOR OUR MOST RECENT FISCAL YEAR (JULY 2022-JUNE 2023):-1,072 FAMILIES AND 2,245 SCHOLARS SERVED BY NAZ AND ITS COLLABORATIVE PARTNERS IN NORTH MINNEAPOLIS-633 K-12 SCHOLARS WERE ENROLLED IN IN-SCHOOL AND OUT-OF-SCHOOL TIME, OR OTHER ACADEMIC INTERVENTIONS-219 SCHOLARS ACCESSED PUBLICLY AND PRIVATELY FUNDED EARLY CHILDHOOD SCHOLARSHIPS TO MAINTAIN CONSISTENT ENROLLMENT IN HIGH-QUALITY EARLY LEARNING SETTINGS-217 PARTICIPANTS GRADUATED FROM NAZ FAMILY ACADEMY CLASSES, INCLUDING FOUNDATIONS, COLLEGE BOUND BABIES, READY TO SUCCEED, AND YOUTH FOUNDATIONS-798 FAMILIES ENGAGED IN FAMILY COACHING WITH NAZ COACHES-232 FAMILIES ENGAGED IN HOUSING STABILITY IMPROVEMENT PLANNING, WITH 138 FAMILIES MEETING GOALS TO IMPROVE STABILITY-138 ADULTS WERE SUPPORTED THROUGH OUR CAREER AND FINANCE STRATEGY
Expenses $11,277,097
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dianne HaulcyDIANNE HAULCY
CHAIR, DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen GrabowKAREN GRABOW
VICE CHAIR, DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan CurfmanSUSAN CURFMAN
TREASURER, DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen Wilsen-ThissenKAREN WILSEN-THISSEN
SECRETARY, DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack DempseyJACK DEMPSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Neel KashkariNEEL KASHKARI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annie Gillette ClevelandANNIE GILLETTE CLEVELAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian TaylorBRIAN TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan AllenSUSAN ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HoughDAVID HOUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Geoff MarthaGEOFF MARTHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Damien FairDAMIEN FAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deb BurkeDEB BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jane McDonald BlackJANE MCDONALD BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim NelsonKIM NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laysha WardLAYSHA WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mayor Jacob FreyMAYOR JACOB FREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael CiresiMICHAEL CIRESI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amelia HardyAMELIA HARDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt MarshMATT MARSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
May XiongMAY XIONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Benito MatiasBENITO MATIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul JohnstonPAUL JOHNSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom BormanTOM BORMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim ManningTIM MANNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ziad AmraZIAD AMRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Al LenzmeierAL LENZMEIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Makeda Zulu-GillepsieMAKEDA ZULU-GILLEPSIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dominique MaysDOMINIQUE MAYS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kirsten GorsuchKIRSTEN GORSUCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter KellenbergerPETER KELLENBERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sondra SamuelsSONDRA SAMUELS
PRESIDENT & CEO
- Total calculated
- $256,342
- From this org
- $216,795
- From related orgs
- $0
- Other
- $39,547
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,795
- Bonus
- $0
- Other
- $0
- Deferred
- $6,217
- Nontaxable benefits
- $33,330
- Filer's total
- $256,342
-
Karen Kelley-AriwoolaKAREN KELLEY-ARIWOOLA
CHIEF OPERATING OFFICER
- Total calculated
- $212,045
- From this org
- $184,701
- From related orgs
- $0
- Other
- $27,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,701
- Bonus
- $0
- Other
- $0
- Deferred
- $5,129
- Nontaxable benefits
- $22,215
- Filer's total
- $212,045
-
Karen CasanovaKAREN CASANOVA
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $210,411
- From this org
- $171,380
- From related orgs
- $0
- Other
- $39,031
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,380
- Bonus
- $0
- Other
- $0
- Deferred
- $5,023
- Nontaxable benefits
- $34,008
- Filer's total
- $210,411
-
Natalie ObeeNATALIE OBEE
VICE PRESIDENT OF FINANCE
- Total calculated
- $0
- Hours/week
- 40
-
Tanisha BradfordTANISHA BRADFORD
VICE PRES, HUMAN RESOURCES
- Total calculated
- $156,294
- From this org
- $139,746
- From related orgs
- $0
- Other
- $16,548
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,746
- Bonus
- $0
- Other
- $0
- Deferred
- $3,975
- Nontaxable benefits
- $12,573
- Filer's total
- $156,294
-
Andre DukesANDRE DUKES
VICE PRES, FAMILY & COMMUN
- Total calculated
- $144,457
- From this org
- $119,004
- From related orgs
- $0
- Other
- $25,453
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NAZ REAL ESTATE HOLDING COMPANY
501(C)(3) · QUALIFIED ACTIVE LOW INCOME COMMUNITY BUSINESS · MN · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323489349300102
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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