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Nonprofit · EIN 41-1941630

SOMETHING COOL INCORPORATED

Tax-exempt · MCGREGOR, MN 55760

Financials

$208K$193K2023
Revenue Expenses · by fiscal year end
Financials of SOMETHING COOL INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$208,427$193,002$15,425$36,895$12,230$24,665
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$166,329
of which government grants
$166,329
Program service revenue
$0
Investment income
$0
Other revenue
$42,098

Expenses

Grants and similar amounts paid
$5,705
Other salaries and wages
$60,087
Salaries, compensation and benefits (total)
$69,353
Professional fundraising fees
$0
Occupancy
$23,850
Program services (functional)
$166,329
Management and general (functional)
$26,673

Balance sheet and other

Total assets, start of year
$19,469
Total assets, end of year
$36,895
Total liabilities, end of year
$12,230
Net assets, end of year
$24,665
Net assets without donor restrictions
$24,665
Gross receipts
$208,427
Employees
0
Year formed
1998
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Julie JacobsmaDirector
Officer
1$0
Jenna Powers GeyenDirector
Officer
1$0
Cheryl Peterson MeldAdministrator
Officer
16$0
Kristine Bates MadsenPresident
Officer
1$0
Stephen FrauenshuhVice President
Officer
2$0
Kris Wilson SylvesterSecretaryTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 99, MCGREGOR, MN 55760-0099
In care of
% CHERYL MELD
Principal officer (990 for 2023)
Cheryl Peterson Meld
Signed the 990
Cheryl Meld, Executive Direc
990-N for 2016 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Cheryl Meld, 42555 110th Ave, Tamarack MN 55787. Mailing address: PO Box 99, McGregor MN 55760.
Return prepared by
DR Tax Prep Services LLC

Mission

Youth development to prepare for life challenges

990 for the year ended December 31, 2023

Program accomplishments

  • Youth development to prepare youth for life challenges.age to age - bring together you & older adults to learn from and with each other.Neighbor goods - teach youth entrepreneurial skills through guidance of adult artisans & business owners. Learning activities are workshops to design and create saleable items.Pay it forward - engage youth in civic service as a means to build work & career skills.
    Expenses $166,329 · grants $5,705 · revenue $208,427

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1941630
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,895
Income (IRS master file)
$208,427

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$208,427$193,002$36,895XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2016
Officer: Cheryl Meld
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1941630).

Questions about SOMETHING COOL INCORPORATED

What is the EIN of SOMETHING COOL INCORPORATED?
The employer identification number (EIN) of SOMETHING COOL INCORPORATED is 41-1941630.
Is SOMETHING COOL INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to SOMETHING COOL INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOMETHING COOL INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOMETHING COOL INCORPORATED due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOMETHING COOL INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of SOMETHING COOL INCORPORATED?
The 990 for the year ended December 31, 2023 names Cheryl Peterson Meld.
Who are the officers and directors of SOMETHING COOL INCORPORATED?
The 990 for the year ended December 31, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does SOMETHING COOL INCORPORATED have?
On its 990 for the year ended December 31, 2023 it reported revenue of $208,427, expenses of $193,002 and total assets of $36,895 at year end.

Other nonprofits in MCGREGOR

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