Civic Intelligence

Nri Medical Research Foundation

EIN 20-1790143 • 501(c)3 • Fargo, ND

Profile

Supporting organization for neuropsychiatric research institute.

120 8th St SFargo, ND 58103

www.nrifargo.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

2.0%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

113%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$22,791,596

Up $457,141 (+2.0%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Up

$22,791,596

Up $457,141 (+2.0%) from 2017

Revenue

Up

$1,696,382

Up $899,687 (+113%) from 2017

Expenses

Up

$1,027,408

Up $19,328 (+1.9%) from 2017

Net Income

Up

$668,974

Up $880,359 (+416%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $19,932,782Liabilities 2011: $167,630Net Assets 2011: $19,765,1522011Assets 2012: $19,288,697Liabilities 2012: $84,752Net Assets 2012: $19,203,9452012Assets 2013: $20,391,166Liabilities 2013: $0Net Assets 2013: $20,391,1662013Assets 2014: $22,419,491Liabilities 2014: $0Net Assets 2014: $22,419,4912014Assets 2015: $21,923,393Liabilities 2015: $0Net Assets 2015: $21,923,3932015Assets 2016: $20,721,806Liabilities 2016: $0Net Assets 2016: $20,721,8062016Assets 2017: $22,334,455Liabilities 2017: $0Net Assets 2017: $22,334,4552017Assets 2018: $22,791,596Liabilities 2018: $0Net Assets 2018: $22,791,5962018

Highlighted filing

2018

Assets$22,791,596
Liabilities$0
Net Assets$22,791,596

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $965,0472011Revenue 2012: $595,273Expenses 2012: $970,053Net Income 2012: -$374,7802012Expenses 2013: $973,7302013Revenue 2014: $1,438,086Expenses 2014: $975,875Net Income 2014: $462,2112014Revenue 2015: $1,592,816Expenses 2015: $992,915Net Income 2015: $599,9012015Revenue 2016: $1,441,280Expenses 2016: $1,021,277Net Income 2016: $420,0032016Revenue 2017: $796,695Expenses 2017: $1,008,080Net Income 2017: -$211,3852017Revenue 2018: $1,696,382Expenses 2018: $1,027,408Net Income 2018: $668,9742018

Highlighted filing

2018

Revenue$1,696,382
Expenses$1,027,408
Net Income$668,974

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 10, 2019
Return Version
2017v2.3
Gross Receipts
$6,647,462
Mission and Program Overview

Mission

Supporting organization for neuropsychiatric research institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,332,840$22,789,980▲ $457,140
Savings and Temporary Cash Investments$1,615$1,616▲ $1
Total Assets$22,334,455$22,791,596▲ $457,141
Liabilities
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$22,334,455$22,791,596▲ $457,141
Total Net Assets Fund Balance$22,334,455$22,791,596▲ $457,141
Total Liabilities and Net Assets / Fund Balance$22,334,455$22,791,596▲ $457,141
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Brian PetersonVice President for AdminisPT$115,676$115,676

Board Members and Trustees

NameTitle
Harriette Mccaul PhdChair
Stephen Wonderlich PhdPresident
Dale Shook EsqVice-chairman
Ross Crosby PhdVice President for Research
Joshua Wynne MdDirector
Kelly Rusch PhdDirector
Richard Marsden MdDirector
Sandra Holbrook PhdSecretary
Tracee BuethnerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of North Dakota School Of MedNon-employee Compensation1301 N COLUMBIA RD, Grand Forks, ND 58203$234,310
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,696,382
Other Revenue
$0
Change in Net Assets
$668,974

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,696,382
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-211,833
Total Revenue per Audited Statements
$1,484,549
Total Revenue per Form 990
$1,696,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$963,338
Other Expenses$64,070
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$963,338--$963,338
Fees for Service Investment Mgmnt Fees-$64,070-$64,070
Total Functional Expenses$963,338$64,070$0$1,027,408

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,027,408
Total Expenses per Audited Statements$1,027,408
Total Expenses per Form 990$1,027,408
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Neuropsychiatric Research InstituteFargo, ND501(c)(3)To Support Medical Research in the Neurosciences.$963,338
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by a select committee.

Form 990, Part VI, Section B, Line 12C

The board and officers of the foundation review the policy and sign it annually.

Form 990, Part VI, Section C, Line 19

The documents are available for inspection during normal business hours at the corporate office.

Filing and Contact Details

Filer

Filer Name
Nri Medical Research Foundation
EIN
20-1790143
Phone
7012931335
Address
120 8TH ST S, FARGO, ND 58103

Signing Officer

Name
Stephen Wonderlich
Title
President
Phone
3053126300
Signed
2019-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Wonderlich
Formed
2004
Legal Domicile
Nd
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Fiebiger Swanson West & Copllp
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

According to gaap, the foundation is required to record a liability for uncertain tax positions when it is more likely than not that a loss has been incurred and the amount can be reasonably estimated. As of june 30, 2018, no such liability existed. Management will continually evaluate expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCORDING TO GAAP, THE FOUNDATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF JUNE 30, 2018, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01027408
IRS990ScheduleD/TotalRevenuePerForm990Amt01696382
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01484549
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01027408
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0963338
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT MEDICAL RESEARCH IN THE NEUROSCIENCES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEUROPSYCHIATRIC RESEARCH INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientEIN0450274828
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0120 8TH ST S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FARGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058103
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AS A SUPPORTING ORGANIZATION OF THE NEUROPSYCHIATRIC RESEARCH INSTITUTE THERE IS SIGNIFICANT CROSSOVER OF BOTH MANAGERIAL AND BOARD OF DIRECTORS OVERSIGHT BETWEEN NRI-MRF AND ITS SOLE GRANTEE, THE NEUROPSYCHIATRIC RESEARCH INSTITUTE, WHICH IS ADEQUATE TO MAINTAIN STRICT MONITORING OF DISTRIBUTED FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0168930
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt018889
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt136096
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1198214
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROSS CROSBY PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEPHEN WONDERLICH PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT FOR RESEARCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0187819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1244310
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY A SELECT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD AND OFFICERS OF THE FOUNDATION REVIEW THE POLICY AND SIGN IT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE FOR INSPECTION DURING NORMAL BUSINESS HOURS AT THE CORPORATE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEUROPSYCHIATRIC RESEARCH INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0450274828
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NEUROPSYCHIATRIC RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt04
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0120 8TH ST S
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FARGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd058103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0963338
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1563320
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEUROPSYCHIATRIC RESEARCH INSTITUTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEUROPSYCHIATRIC RESEARCH INSTITUTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022334455
IRS990/TotalAssetsEOYAmt022791596
IRS990/TotalAssetsGrp/BOYAmt022334455
IRS990/TotalAssetsGrp/EOYAmt022791596
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00

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