Civic Intelligence

Winona State University Foundation

990 • Fiscal year 2023 • EIN 23-7079002

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 16, 2024

Organization ProfileWWW.WINONA.EDU/FOUNDATION
PO Box 5838Winona, MN 55987-5838

(507) 457-5518

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.14x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

1.73x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.4%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$79,737,621

Up $8,763,518 (+12%) from 2022

Net Assets

Up

$68,488,303

Up $4,911,133 (+7.7%) from 2022

Liabilities

Up

$11,249,318

Up $3,852,385 (+52%) from 2022

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin87th percentile

Revenue

Down

$6,516,255

Down $372,360 (-5.4%) from 2022

Expenses

Up

$4,231,356

Up $778,529 (+23%) from 2022

Net Income

Down

$2,284,899

Down $1,150,889 (-33%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $27,448,340Liabilities 2010: $8,847,930Net Assets 2010: $18,600,4102010Assets 2011: $31,526,156Liabilities 2011: $7,941,378Net Assets 2011: $23,584,7782011Assets 2012: $31,871,685Liabilities 2012: $7,826,785Net Assets 2012: $24,044,9002012Assets 2013: $36,415,958Liabilities 2013: $7,483,426Net Assets 2013: $28,932,5322013Assets 2014: $42,278,213Liabilities 2014: $7,210,786Net Assets 2014: $35,067,4272014Assets 2015: $44,823,263Liabilities 2015: $6,551,680Net Assets 2015: $38,271,5832015Assets 2016: $46,947,526Liabilities 2016: $7,217,329Net Assets 2016: $39,730,1972016Assets 2017: $50,681,071Liabilities 2017: $7,013,714Net Assets 2017: $43,667,3572017Assets 2018: $55,943,415Liabilities 2018: $6,399,071Net Assets 2018: $49,544,3442018Assets 2019: $56,915,357Liabilities 2019: $6,349,971Net Assets 2019: $50,565,3862019Assets 2020: $64,479,328Liabilities 2020: $6,263,586Net Assets 2020: $58,215,7422020Assets 2021: $77,604,958Liabilities 2021: $5,914,460Net Assets 2021: $71,690,4982021Assets 2022: $70,974,103Liabilities 2022: $7,396,933Net Assets 2022: $63,577,1702022Assets 2023: $79,737,621Liabilities 2023: $11,249,318Net Assets 2023: $68,488,3032023Assets 2024: $86,205,215Liabilities 2024: $10,280,043Net Assets 2024: $75,925,1722024Assets 2025: $93,536,107Liabilities 2025: $9,862,240Net Assets 2025: $83,673,8672025

Highlighted filing

2023

Assets$79,737,621
Liabilities$11,249,318
Net Assets$68,488,303
Open 2023 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $3,016,7012010Expenses 2011: $2,276,8592011Expenses 2012: $3,041,2472012Expenses 2013: $2,366,6522013Revenue 2014: $5,373,048Expenses 2014: $2,445,886Net Income 2014: $2,927,1622014Revenue 2015: $11,742,504Expenses 2015: $2,807,041Net Income 2015: $8,935,4632015Revenue 2016: $5,258,001Expenses 2016: $2,952,193Net Income 2016: $2,305,8082016Revenue 2017: $4,905,978Expenses 2017: $3,326,508Net Income 2017: $1,579,4702017Revenue 2018: $8,503,806Expenses 2018: $3,301,896Net Income 2018: $5,201,9102018Revenue 2019: $7,092,770Expenses 2019: $6,807,107Net Income 2019: $285,6632019Revenue 2020: $11,809,228Expenses 2020: $3,504,239Net Income 2020: $8,304,9892020Revenue 2021: $7,838,312Expenses 2021: $3,305,195Net Income 2021: $4,533,1172021Revenue 2022: $6,888,615Expenses 2022: $3,452,827Net Income 2022: $3,435,7882022Revenue 2023: $6,516,255Expenses 2023: $4,231,356Net Income 2023: $2,284,8992023Revenue 2024: $4,942,433Expenses 2024: $4,011,853Net Income 2024: $930,5802024Revenue 2025: $8,013,303Expenses 2025: $4,592,722Net Income 2025: $3,420,5812025

Highlighted filing

2023

Revenue$6,516,255
Expenses$4,231,356
Net Income$2,284,899
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 16, 2024
Return Version
2022v5.0
Gross Receipts
$33,340,542
Mission and Program Overview

Mission

Encourage bequests and donations for the benefit of students and the educational programs of winona state university

Encourage bequests and donationsfor the benefit of the education programs of winona state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$56,172,259$61,090,366▲ $4,918,107
Land, Buildings, and Equipment, Net$10,607,725$14,811,800▲ $4,204,075
Savings and Temporary Cash Investments$2,486,819$1,349,891▼ $1,136,928
Pledges and Grants Receivable$513,735$1,171,853▲ $658,118
Prepaid Expenses and Deferred Charges$222,054$222,054→ $0
Accounts Receivable$40,139$147,720▲ $107,581
Total Assets$70,974,103$79,737,621▲ $8,763,518
Other Assets Total$931,372$943,937▲ $12,565
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,556,482$8,197,523▲ $3,641,041
Accounts Payable and Accrued Expenses$2,693,511$2,828,318▲ $134,807
Other Liabilities$127,718$112,169▼ $15,549
Grants Payable$19,222$111,308▲ $92,086
Total Liabilities$7,396,933$11,249,318▲ $3,852,385
Net Assets / Fund Balance
Net Assets With Donor Restrictions$58,992,700$63,143,301▲ $4,150,601
Net Assets Without Donor Restrictions$4,584,470$5,345,002▲ $760,532
Total Net Assets Fund Balance$63,577,170$68,488,303▲ $4,911,133
Total Liabilities and Net Assets / Fund Balance$70,974,103$79,737,621▲ $8,763,518

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,099,000$5,412,594$12,511,594
Land$7,712,800-$551,846
Equipment$0$280,573$280,573

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$52,265,989$1,076,774▲ $4,340,022$9,759$55,604,861
2021$60,117,645$1,550,382▼ $7,600,391$5,908$52,265,989
2020$48,616,237$1,377,702▲ $11,901,939-$60,117,645
2019$42,976,155$4,913,327▲ $1,886,031$16,571$48,616,237
2018$39,511,331$3,141,725▲ $1,769,016$14,157$42,976,155
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Diane AmundsonChair Elect
Bob StraussImmediate Past Chair
Thomas WynnPresident
Jon OlsonExecutive Director
Andrew GeislingerTrustee
Aurea OsgoodTrustee
Bob BrewerTrustee
Bob NeisTrustee
Bonnie ClipperTrustee
Dan MortensenTrustee
David RubensteinTrustee
George BolonTrustee
Howard BickerTrustee
Ken MogrenTrustee
Kris WenkerTrustee
Mark NicholsTrustee
Michael RussellTrustee
Reggie JohnsonTrustee
Rill ReuterTrustee
Scott EllinghuysenTrustee
Scott JohnsonTrustee
Scott OlsonTrustee
Scott OpferTrustee
Tim MisslingTrustee
Phil SonnebergCFO
John McsheaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,881,382
Program Service Revenue
$859,397
Investment Income
$2,570,395
Other Revenue
$205,081
All Other Contributions
$2,881,382
Change in Net Assets
$2,284,899

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded327$31,190Quoted Market Price
Other Non Cash Contri Table13$11,490Fair Market Value
Total Noncash Contributions340$42,680-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,286,173
Revenue Not Reported on Financial Statements
$230,082
Revenue Not Reported on Form 990
$2,741,940
Total Revenue per Audited Statements
$9,028,113
Total Revenue per Form 990
$6,516,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,987,457
Other Expenses$1,243,899
Total Fundraising Expense$67,050
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,087,214--$2,087,214
Grants to Domestic Orgs$900,243--$900,243
Depreciation Depletion$268,632--$268,632
Interest$231,998--$231,998
Fees for Service Investment Mgmnt Fees-$230,082-$230,082
Other Expenses$192,935$28,000$67,050$28,000
All Other Expenses$4,679$22,071-$26,750
Travel-$24,230-$24,230
Fees for Services Accounting-$23,975-$23,975
Total Functional Expenses$3,685,701$478,605$67,050$4,231,356

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,231,356
Total Expenses per Audited Statements$4,116,980
Expenses per Audited Statements$4,001,274
Expenses Not Reported on Financial Statements$230,082
Expenses Not Reported on Form 990$115,706
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Winona State UniversityWinona, MN-Support Educational Programs and Students at Winona State University Foundation.$900,243
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$300,483
Fundraising Direct Expenses$72,927
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Athletics$147,218$147,218$34,517$112,701
Warrior Club Income$140,795$140,795$32,294$108,501
Total Events$300,483$300,483$72,927$227,556
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuities Payable$112,169
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 foundation form 990 is reviewed and approved by the audit and finance comittees prior to filing.”

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

“Discussions and votes concerning the conflict.”

Form 990, Part VI, Section C, Line 19

“Copy of the financial statements are provided to the state of minnesota.”

Filing and Contact Details

Filer

Filer Name
Winona State University Foundation
EIN
23-7079002
Phone
5074575518
Address
PO BOX 5838, WINONA, MN 55987-5838

Signing Officer

Name
Tom Wynn
Title
President
Signed
2024-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Olson
Formed
1979
Legal Domicile
Mn
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
50

Preparer

Firm
Hawkins Ash Cpas Llp
Address
3720 NOTTINGHAM DR NW SUITE 100, ROCHESTER, MN 55901
Preparer
Brittany F Leonard
Phone
5074241233
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“This process has not changed since prior year.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds are to be used to fund scholarships for winona state university students and to support winona state university programs and activities.”

PART X, LINE 2:

“U.s. Gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. Management has analyzed the tax positions taken by the organization, and has concluded that as of june 30, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions: however, there are currently no audits for any tax periods in progress.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising events direct expenses 72,927. Rental direct expenses 42,779.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising events direct expenses 72,927. Rental direct expenses 42,779.”

Raw XML AppendixShowing 400 of 709 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm10ANDREW GEISLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm11BONNIE CLIPPER
IRS990/Form990PartVIISectionAGrp/PersonNm12REGGIE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13MARK NICHOLS
IRS990/Form990PartVIISectionAGrp/PersonNm14TIM MISSLING
IRS990/Form990PartVIISectionAGrp/PersonNm15KEN MOGREN
IRS990/Form990PartVIISectionAGrp/PersonNm16DAN MORTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm17BOB NEIS
IRS990/Form990PartVIISectionAGrp/PersonNm18SCOTT JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm19SCOTT OPFER
IRS990/Form990PartVIISectionAGrp/PersonNm20RILL REUTER
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID RUBENSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm22JON OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm24AUREA OSGOOD
IRS990/Form990PartVIISectionAGrp/PersonNm25PHIL SONNEBERG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt072927
IRS990/FundraisingGrossIncomeAmt0300483
IRS990/GainOrLossGrp/SecuritiesAmt01185406
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt02087214
IRS990/GrantsPayableGrp/BOYAmt019222
IRS990/GrantsPayableGrp/EOYAmt0111308
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02087214
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02087214
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0900243
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0900243
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt027893987
IRS990/GrossReceiptsAmt033340542
IRS990/GrossRentsGrp/RealAmt020304
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt0231998
IRS990/InterestGrp/TotalAmt0231998
IRS990/InvestmentIncomeGrp/ExclusionAmt01384989
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01384989
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt056172259
IRS990/InvestmentsPubTradedSecGrp/EOYAmt061090366
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05693167
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010607725
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014811800
IRS990/LandBldgEquipCostOrOtherBssAmt020504967
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt026708581
IRS990/LessRentalExpensesGrp/RealAmt042779
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENCOURAGE BEQUESTS AND DONATIONS FOR THE BENEFIT OF STUDENTS AND THE EDUCATIONAL PROGRAMS OF WINONA STATE UNIVERSITY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04556482
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08197523
IRS990/NetAssetsOrFundBalancesBOYAmt063577170
IRS990/NetAssetsOrFundBalancesEOYAmt068488303
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01185406
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01185406
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0227556
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0227556
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-22475
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-22475
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02626234
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04584470
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05345002
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt043648
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0931372
IRS990/OtherAssetsTotalGrp/EOYAmt0943937
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc1SOFTWARE FEES
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt067050
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0150247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128000
IRS990/OtherExpensesGrp/ProgramServicesAmt0192935
IRS990/OtherExpensesGrp/TotalAmt0192935
IRS990/OtherExpensesGrp/TotalAmt1150247
IRS990/OtherExpensesGrp/TotalAmt267050
IRS990/OtherExpensesGrp/TotalAmt328000
IRS990/OtherLiabilitiesGrp/BOYAmt0127718
IRS990/OtherLiabilitiesGrp/EOYAmt0112169
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0513735
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01171853
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0222054
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0222054
IRS990/PrincipalOfficerNm0JON OLSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1900004
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0775406
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt183991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0775406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt183991
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT HOUSING ACTIVITIES, THE FOUNDATION OPERATES STUDENT HOUSING COMPRISING 100 UNITS AND MORE THAN 370 STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0340154
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0775406
IRS990/ProgSrvcAccomActy3Grp/Desc0GRANTS AND EXPENDITURES SUPPORTING WINONA STATE UNIVERSITY PROGRAMS AND ACTIVITIES. THE FOUNDATION GRANTS SUPPORT OVER 120 INDIVIDUAL PROGRAMS AT WINONA STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01258333
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0900243
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt083990
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02712383
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02499626
IRS990/PYInvestmentIncomeAmt03149615
IRS990/PYOtherExpensesAmt0953201
IRS990/PYOtherRevenueAmt0250084
IRS990/PYProgramServiceRevenueAmt0776533
IRS990/PYRevenuesLessExpensesAmt03435788
IRS990/PYSalariesCompEmpBnftPaidAmt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$79,737,621
Liabilities
$11,249,318
Net assets
$68,488,303
Revenue
$6,516,255
Expenses
$4,231,356
Net income
$2,284,899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$93.5$9.86$83.7$8.01$4.59$3.42
2024Detailed filing. Detailed filing data is available for this year.$86.2$10.3$75.9$4.94$4.01$0.93
2023Detailed filing. Detailed filing data is available for this year.$79.7$11.2$68.5$6.52$4.23$2.28
2022Detailed filing. Detailed filing data is available for this year.$71.0$7.40$63.6$6.89$3.45$3.44
2021Detailed filing. Detailed filing data is available for this year.$77.6$5.91$71.7$7.84$3.31$4.53
2020Detailed filing. Detailed filing data is available for this year.$64.5$6.26$58.2$11.8$3.50$8.30
2019Detailed filing. Detailed filing data is available for this year.$56.9$6.35$50.6$7.09$6.81$0.29
2018Detailed filing. Detailed filing data is available for this year.$55.9$6.40$49.5$8.50$3.30$5.20
2017Detailed filing. Detailed filing data is available for this year.$50.7$7.01$43.7$4.91$3.33$1.58
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.9$7.22$39.7$5.26$2.95$2.31
2015Detailed filing. Detailed filing data is available for this year.$44.8$6.55$38.3$11.7$2.81$8.94
2014Detailed filing. Detailed filing data is available for this year.$42.3$7.21$35.1$5.37$2.45$2.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.4$7.48$28.9$2.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.9$7.83$24.0$3.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.5$7.94$23.6$2.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$8.85$18.6$3.02