Civic Intelligence

Minnesota State University Moorhead Alumni Foundation Inc

990 • Fiscal year 2020 • EIN 23-7101061

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 12, 2021

Organization ProfileALUMNI.MNSTATE.EDU

View Organization Page

1104 7th Avenue SMoorhead, MN 56563

(218) 477-2089

Siviq Scores

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

Liabilities / Assets

26th percentile

0.07x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.64x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

11th percentile

$86,381

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

59th percentile

10%

Faster asset growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2020

Revenue Growth

27th percentile

-8.7%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$47,050,526

Up $8,395,794 (+22%) from 2018

Net Assets

Up

$43,935,113

Up $8,775,350 (+25%) from 2018

Liabilities

Down

$3,115,413

Down $379,556 (-11%) from 2018

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin78th percentile

Revenue

Down

$4,898,144

Down $977,705 (-17%) from 2018

Expenses

Down

$3,906,471

Down $478,947 (-11%) from 2018

Net Income

Down

$991,673

Down $498,758 (-33%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$80M$60M$40M$20M$0Assets 2013: $24,178,746Liabilities 2013: $4,985,719Net Assets 2013: $19,193,0272013Assets 2014: $27,087,128Liabilities 2014: $3,731,474Net Assets 2014: $23,355,6542014Assets 2015: $32,907,607Liabilities 2015: $4,556,055Net Assets 2015: $28,351,5522015Assets 2016: $33,855,857Liabilities 2016: $4,513,684Net Assets 2016: $29,342,1732016Assets 2017: $37,835,408Liabilities 2017: $4,375,888Net Assets 2017: $33,459,5202017Assets 2018: $38,654,732Liabilities 2018: $3,494,969Net Assets 2018: $35,159,7632018Assets 2020: $47,050,526Liabilities 2020: $3,115,413Net Assets 2020: $43,935,1132020Assets 2021: $57,837,892Liabilities 2021: $2,976,677Net Assets 2021: $54,861,2152021Assets 2022: $54,713,743Liabilities 2022: $2,671,089Net Assets 2022: $52,042,6542022Assets 2023: $57,080,593Liabilities 2023: $2,620,920Net Assets 2023: $54,459,6732023Assets 2025: $77,517,197Liabilities 2025: $8,177,056Net Assets 2025: $69,340,1412025

Highlighted filing

2020

Assets$47,050,526
Liabilities$3,115,413
Net Assets$43,935,113
Open 2020 Filing

Operations Trend

Revenue Growth27th percentile

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

$30M$20M$10M$0-$10MExpenses 2013: $2,753,5432013Revenue 2014: $6,609,918Expenses 2014: $3,108,572Net Income 2014: $3,501,3462014Revenue 2015: $10,257,552Expenses 2015: $4,266,468Net Income 2015: $5,991,0842015Revenue 2016: $4,111,978Expenses 2016: $3,481,509Net Income 2016: $630,4692016Revenue 2017: $6,039,765Expenses 2017: $3,497,481Net Income 2017: $2,542,2842017Revenue 2018: $5,875,849Expenses 2018: $4,385,418Net Income 2018: $1,490,4312018Revenue 2020: $4,898,144Expenses 2020: $3,906,471Net Income 2020: $991,6732020Revenue 2021: $9,416,004Expenses 2021: $3,976,967Net Income 2021: $5,439,0372021Revenue 2022: $22,543,778Expenses 2022: $4,300,248Net Income 2022: $18,243,5302022Revenue 2023: $4,286,839Expenses 2023: $5,008,513Net Income 2023: -$721,6742023Revenue 2025: $14,600,143Expenses 2025: $5,993,156Net Income 2025: $8,606,9872025

Highlighted filing

2020

Revenue$4,898,144
Expenses$3,906,471
Net Income$991,673
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 12, 2021
Return Version
2019v5.1
Gross Receipts
$4,982,825
Mission and Program Overview

Mission

We create opportunities for generations of msum students by inspiring alumni and friends to connect, engage and give.

Provide student scholarships, department support and alumni activities for msum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$35,557,468$35,996,733▲ $439,265
Savings and Temporary Cash Investments$1,107,864$4,027,411▲ $2,919,547
Pledges and Grants Receivable$5,509,218$2,806,106▼ $2,703,112
Investments Other Securities$2,927,005$2,618,742▼ $308,263
Land, Buildings, and Equipment, Net$1,729,218$1,597,884▼ $131,334
Accounts Receivable$269,825$3,650▼ $266,175
Total Assets$47,100,598$47,050,526▼ $50,072
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,374,820$2,214,612▼ $160,208
Other Liabilities$777,003$739,087▼ $37,916
Accounts Payable and Accrued Expenses$75,906$161,714▲ $85,808
Total Liabilities$3,227,729$3,115,413▼ $112,316
Net Assets / Fund Balance
Net Assets With Donor Restrictions$41,186,236$39,568,110▼ $1,618,126
Net Assets Without Donor Restrictions$2,686,633$4,367,003▲ $1,680,370
Total Net Assets Fund Balance$43,872,869$43,935,113▲ $62,244
Total Liabilities and Net Assets / Fund Balance$47,100,598$47,050,526▼ $50,072

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,597,884$2,342,116$3,940,000
Other Securities$256,818--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$29,182,942$1,273,914▼ $275,452$104,147$29,556,800
2018$24,498,380$2,352,610▲ $2,891,983$84,254$29,182,942
2017$22,260,811$1,404,231▲ $1,333,401$118,641$24,498,380
2016$16,347,881$5,132,662▲ $1,435,404$89,033$22,260,811
2015$16,073,567$624,456▲ $304,151-$16,347,881
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol GustadControllerFT$83,059$3,322$86,381

Board Members and Trustees

NameTitle
John ThorvilsonPast President
Rick KasperPresident
Brad WimmerVice President
Adam BernierDirector
Brian FrenchDirector
Gene SchulstadDirector
Gregory LofDirector
Janet LessemDirector
Jenni HuotariDirector
Judd GrahamDirector
Katie BeckerDirector
Kerstin KealyDirector
Mike DeconciniDirector
Mike MeyersDirector
Peter BolognaDirector
Richard ThoresonDirector
Tanya DickinsonDirector
Tim SaylerDirector
Tonya StendeDirector
Jan MahoneyMember at Large
Joe GehlenMember at Large
Sandy KorbelMember at Large
Ron GrahamSecretary
Mary Jo RichardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,720,319
Program Service Revenue
$0
Investment Income
$1,928,864
Other Revenue
$248,961
All Other Contributions
$2,660,319
Change in Net Assets
$991,673

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded24$507,708Fair Market Value (FMV)
Other Non Cash Contri Table6$148,468Fair Market Value (FMV)
Other Non Cash Contri Table112$26,026Fair Market Value (FMV)
Total Noncash Contributions142$682,202-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,728,939
Revenue Not Reported on Financial Statements
$169,205
Revenue Not Reported on Form 990
$-929,438
Total Revenue per Audited Statements
$3,799,501
Total Revenue per Form 990
$4,898,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,718,418
Salaries, Compensation, and Employee Benefits$1,460,198
Total Fundraising Expense$888,516
Other Expenses$727,855
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,718,418--$1,718,418
Other Salaries and Wages$309,283$318,575$644,960$1,272,818
Fees for Service Investment Mgmnt Fees-$169,205-$169,205
Depreciation Depletion$131,334--$131,334
Information Technology$12,935$18,790$70,474$102,199
Current Officers, Directors, Trustees, and Key Employees$8,220$73,981-$82,201
Interest$69,036--$69,036
Travel$20,203$1,323$41,581$63,107
Pension Plan Contributions-$26,214$32,319$58,533
Payroll Taxes$15,923$3,804$26,919$46,646
Fees for Services Other-$7,567$14,978$22,545
Fees for Services Accounting-$19,479-$19,479
Other Expenses$104$289$16,427$16,820
Insurance-$16,141-$16,141
Conferences and Meetings$1,159$2,871$6,408$10,438
All Other Expenses$2,991$4,245$1,392$8,628
Fees for Services Legal-$6,875-$6,875
Total Functional Expenses$2,345,580$672,375$888,516$3,906,471

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,906,471
Expenses per Audited Statements$3,737,266
Total Expenses per Audited Statements$3,737,266
Expenses Not Reported on Financial Statements$169,205
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minnesota State University MoorheadMoorhead, MNState of MnTo Assist the University in Awards for Student Scholarships, Departmental Support, Faculty Support and Promoting University Programs.$1,718,418
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,385
Fundraising Gross Income$33,328
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$93,328$33,328$16,748$16,580
Total Events$93,328$33,328$48,385$-15,057
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Obligations$461,724
Life Estate Obligations$183,945
Remainder Trust and Unitrust$93,418
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

“Except as otherwise provided in the bylaws, the executive committee shall have the power to transact all regular business of the alumni foundation during the interim between meetings of the board of directors; provided that any action taken shall not conflict with the policies and expressed wishes of the board of directors, and that the executive committee shall refer all matters of major importance to the full board. The executive committee shall have such other authority and duties as the board of directors or these bylaws may assign from time to time.”

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

“The form 990 was reviewed and approved by the investment & finance and executive committees before filing. After filing the form 990, the public disclosure copy will be sent to all trustees.”

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

“The conflict of interest policy is reviewed annually. By way of a signed conflict of interest statement foundation officers, trustees and staff are required to report any potential conflicts of interest to the president of the foundation and the foundation's executive director for review and possible remedial action. Action may result in holding the information on file, informing the board of the appearance of a conflict or requiring the trustee to relinquish foundation trusteeship or requiring the trustee to cease the activity.”

Form 990, Part VI, Section B, Line 15

“The board of directors determines the compensation for any of the oranizations officers or key employees by reviewing salary surveys of peer organizations and employee performance. The executive director is an employee of minnesota state university moorhead. Compensation is determined and paid in accordance to their procedures.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are located on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Minnesota State University
EIN
23-7101061
Phone
2184772089
Address
1104 7TH AVENUE S, MOORHEAD, MN 56563

Signing Officer

Name
Gary Haugo
Title
Executive Director
Phone
2184772089
Signed
2021-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Haugo
Formed
1969
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
24
Employees
9
Volunteers
33

Preparer

Firm
Widmer Roel Pc
Address
4334 18TH AVE S SUITE 101, FARGO, ND 58103-7414
Preparer
Tracee S Buethner CPA
Phone
7012376022
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING 10.”

Financial Statement Notes

PART V, LINE 4:

“The endowment funds held by the organization have been established by donors to provide support for ongoing programs of minnesota state university moorhead (msum), scholarship to msum students and to assure a financial basis for future msum and foundation needs.”

PART X, LINE 2:

“The foundation is exempt from the payment of federal income taxes under section 501(c)(3) of the internal revenue code. The foundation is required to record a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonable estimated. As of june 30, 2020 and 2019, no such liability existed. Management will continually evaluate expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“ROUNDING 1.”

Raw XML AppendixShowing 400 of 693 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/ActivityOrMissionDesc0PROVIDE STUDENT SCHOLARSHIPS, DEPARTMENT SUPPORT AND ALUMNI ACTIVITIES FOR MSUM.
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IRS990/Desc0PROVIDES ACADEMIC SCHOLARSHIP FUNDING TO MINNESOTA STATE UNIVERSITY MOORHEAD. IN 2019-2020, 718 MSUM STUDENTS RECEIVED SCHOLARSHIPS, MANY OF WHOM ARE FIRST GENERATION UNIVERSITY STUDENTS. SCHOLARSHIP FUNDING SUPPORTS RECRUITMENT AND RETENTION OF STUDENTS. IT ALSO INCLUDES SCHOLARSHIPS TO STUDENT ATHLETES AS PART OF THEIR TOTAL AWARD PACKAGE FROM THE UNIVERSITY. FUNDRAISING FOR SCHOLARSHIPS IS A PRIORITY FOR THE FOUNDATION.
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IRS990/Form990PartVIISectionAGrp/PersonNm19TIM SAYLER
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IRS990/Form990PartVIISectionAGrp/PersonNm21RICHARD THORESON
IRS990/Form990PartVIISectionAGrp/PersonNm22KATIE BECKER
IRS990/Form990PartVIISectionAGrp/PersonNm23TONYA STENDE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24CONTROLLER
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IRS990/FormationYr01969
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt060000
IRS990/FundraisingDirectExpensesAmt048385
IRS990/FundraisingGrossIncomeAmt033328
IRS990/GainOrLossGrp/SecuritiesAmt01197801
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt01366665
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01718418
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01718418
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01234097
IRS990/GrossReceiptsAmt04982825
IRS990/GrossRentsGrp/RealAmt0229243
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt070474
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt018790
IRS990/InformationTechnologyGrp/ProgramServicesAmt012935
IRS990/InformationTechnologyGrp/TotalAmt0102199
IRS990/InsuranceGrp/ManagementAndGeneralAmt016141
IRS990/InsuranceGrp/TotalAmt016141
IRS990/InterestGrp/ProgramServicesAmt069036
IRS990/InterestGrp/TotalAmt069036
IRS990/InvestmentIncomeGrp/ExclusionAmt0731063
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0731063
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02927005
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02618742
IRS990/InvestmentsPubTradedSecGrp/BOYAmt035557468
IRS990/InvestmentsPubTradedSecGrp/EOYAmt035996733
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02342116
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01729218
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01597884
IRS990/LandBldgEquipCostOrOtherBssAmt03940000
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt036296
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE CREATE OPPORTUNITIES FOR GENERATIONS OF MSUM STUDENTS BY INSPIRING ALUMNI AND FRIENDS TO CONNECT, ENGAGE AND GIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02374820
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02214612
IRS990/NetAssetsOrFundBalancesBOYAmt043872869
IRS990/NetAssetsOrFundBalancesEOYAmt043935113
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01197801
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01197801
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-15057
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0229243
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0229243
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2PRODUCTION EXPENSE
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/FundraisingAmt02374
IRS990/OtherExpensesGrp/FundraisingAmt123334
IRS990/OtherExpensesGrp/FundraisingAmt27350
IRS990/OtherExpensesGrp/FundraisingAmt316427
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01537
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11479
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2289
IRS990/OtherExpensesGrp/ProgramServicesAmt039644
IRS990/OtherExpensesGrp/ProgramServicesAmt14430
IRS990/OtherExpensesGrp/ProgramServicesAmt211900
IRS990/OtherExpensesGrp/ProgramServicesAmt3104
IRS990/OtherExpensesGrp/TotalAmt043555
IRS990/OtherExpensesGrp/TotalAmt129243
IRS990/OtherExpensesGrp/TotalAmt219250
IRS990/OtherExpensesGrp/TotalAmt316820
IRS990/OtherLiabilitiesGrp/BOYAmt0777003
IRS990/OtherLiabilitiesGrp/EOYAmt0739087
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt034775
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034775
IRS990/OtherRevenueTotalAmt034775
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0644960
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0318575
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0309283
IRS990/OtherSalariesAndWagesGrp/TotalAmt01272818
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt026919
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03804
IRS990/PayrollTaxesGrp/ProgramServicesAmt015923
IRS990/PayrollTaxesGrp/TotalAmt046646
IRS990/PensionPlanContributionsGrp/FundraisingAmt032319
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt026214
IRS990/PensionPlanContributionsGrp/TotalAmt058533
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05509218
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02806106
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GARY HAUGO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES FUNDING TO MINNESOTA STATE UNIVERSITY MOORHEAD TO ENHANCE AND SUPPORT IT'S MISSION FOR ACADEMIC EXCELLENCE. FUNDING TO ACADEMIC DEPARTMENTS INCLUDES STUDENT RESEARCH PRESENTATION TRAVEL, NEW RIVERS PRESS, STUDENT AWARDS, FACULTY RESEARCH, DILLE FUND FOR EXCELLENCE, GLASRUD LECTURE SERIES, MARCIL CENTER FOR JOURNALISM PLUS MANY MORE. COMMUNITY OUTREACH PROGRAMS INCLUDES THE PERFORMING ARTS SERIES AND THE STRAW HAT PLAYERS STUDENT THEATRE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0351753

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,050,526
Liabilities
$3,115,413
Net assets
$43,935,113
Revenue
$4,898,144
Expenses
$3,906,471
Net income
$991,673
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.5$8.18$69.3$14.6$5.99$8.61
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.1$2.62$54.5$4.29$5.01$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.7$2.67$52.0$22.5$4.30$18.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.8$2.98$54.9$9.42$3.98$5.44
2020Detailed filing. Detailed filing data is available for this year.$47.1$3.12$43.9$4.90$3.91$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$3.49$35.2$5.88$4.39$1.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.8$4.38$33.5$6.04$3.50$2.54
2016Detailed filing. Detailed filing data is available for this year.$33.9$4.51$29.3$4.11$3.48$0.63
2015Detailed filing. Detailed filing data is available for this year.$32.9$4.56$28.4$10.3$4.27$5.99
2014Detailed filing. Detailed filing data is available for this year.$27.1$3.73$23.4$6.61$3.11$3.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$4.99$19.2$2.75
Peer Organizations

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