Civic Intelligence

Valley City State University Foundation

990 • Fiscal year 2017 • EIN 23-7178785

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 14, 2017

Organization Profilealumni.vcsu.edu
101 College StreetValley City, ND 58072-4024

(701) 845-7203

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.16x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.90x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

66th percentile

$229,109

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

57th percentile

6.6%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-34%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$16,055,533

Up $993,325 (+6.6%) from 2016

Net Assets

Up

$13,558,737

Up $1,360,926 (+11%) from 2016

Liabilities

Down

$2,496,796

Down $367,601 (-13%) from 2016

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin68th percentile

Revenue

Down

$2,774,939

Down $1,426,078 (-34%) from 2016

Expenses

Up

$2,493,223

Up $648,382 (+35%) from 2016

Net Income

Down

$281,716

Down $2,074,460 (-88%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$40M$30M$20M$10M$0Assets 2014: $10,098,680Liabilities 2014: $126,486Net Assets 2014: $9,972,1942014Assets 2015: $15,684,603Liabilities 2015: $4,901,102Net Assets 2015: $10,783,5012015Assets 2016: $15,062,208Liabilities 2016: $2,864,397Net Assets 2016: $12,197,8112016Assets 2017: $16,055,533Liabilities 2017: $2,496,796Net Assets 2017: $13,558,7372017Assets 2018: $17,279,931Liabilities 2018: $2,337,171Net Assets 2018: $14,942,7602018Assets 2019: $16,909,751Liabilities 2019: $1,767,252Net Assets 2019: $15,142,4992019Assets 2020: $14,752,360Liabilities 2020: $829,279Net Assets 2020: $13,923,0812020Assets 2021: $19,577,271Liabilities 2021: $570,096Net Assets 2021: $19,007,1752021Assets 2022: $18,931,398Liabilities 2022: $263,835Net Assets 2022: $18,667,5632022Assets 2023: $19,726,854Liabilities 2023: $153,451Net Assets 2023: $19,573,4032023Assets 2024: $27,499,825Liabilities 2024: $68,897Net Assets 2024: $27,430,9282024Assets 2025: $32,845,201Liabilities 2025: $2,518,201Net Assets 2025: $30,327,0002025

Highlighted filing

2017

Assets$16,055,533
Liabilities$2,496,796
Net Assets$13,558,737
Open 2017 Filing

Operations Trend

Revenue Growth7th percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $4,314,204Expenses 2014: $1,232,705Net Income 2014: $3,081,4992014Revenue 2015: $7,447,483Expenses 2015: $6,119,848Net Income 2015: $1,327,6352015Revenue 2016: $4,201,017Expenses 2016: $1,844,841Net Income 2016: $2,356,1762016Revenue 2017: $2,774,939Expenses 2017: $2,493,223Net Income 2017: $281,7162017Revenue 2018: $3,337,778Expenses 2018: $2,219,583Net Income 2018: $1,118,1952018Revenue 2019: $3,605,223Expenses 2019: $3,221,280Net Income 2019: $383,9432019Revenue 2020: $2,039,931Expenses 2020: $3,210,866Net Income 2020: -$1,170,9352020Revenue 2021: $4,313,642Expenses 2021: $2,592,211Net Income 2021: $1,721,4312021Revenue 2022: $7,610,342Expenses 2022: $2,938,317Net Income 2022: $4,672,0252022Revenue 2023: $2,329,236Expenses 2023: $2,802,730Net Income 2023: -$473,4942023Revenue 2024: $9,642,119Expenses 2024: $3,560,249Net Income 2024: $6,081,8702024Revenue 2025: $6,875,294Expenses 2025: $3,979,222Net Income 2025: $2,896,0722025

Highlighted filing

2017

Revenue$2,774,939
Expenses$2,493,223
Net Income$281,716
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 14, 2017
Return Version
2016v3.0
Gross Receipts
$3,690,396
Mission and Program Overview

Mission

Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income.

To aid advancement by awarding scholarships and promoting Valley City State University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,460,610$11,367,070▲ $1,906,460
Pledges and Grants Receivable$2,587,916$2,761,481▲ $173,565
Savings and Temporary Cash Investments$1,777,718$1,057,516▼ $720,202
Land, Buildings, and Equipment, Net$1,135,837$814,843▼ $320,994
Cash and Non-Interest-Bearing Accounts$13,176$17,689▲ $4,513
Investments Program Related$7,300$7,300→ $0
Prepaid Expenses and Deferred Charges$6,966$6,197▼ $769
Total Assets$15,062,208$16,055,533▲ $993,325
Other Assets Total$72,685$23,437▼ $49,248
Liabilities
Other Liabilities$1,915,654$1,920,543▲ $4,889
Mortgage Notes Payable Secured by Investment Property$921,996$574,788▼ $347,208
Accounts Payable and Accrued Expenses$26,747$1,465▼ $25,282
Total Liabilities$2,864,397$2,496,796▼ $367,601
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,370,354$6,762,705▲ $392,351
Temporarily Rstr Net Assets$5,425,802$6,333,294▲ $907,492
Unrestricted Net Assets$401,655$462,738▲ $61,083
Total Net Assets Fund Balance$12,197,811$13,558,737▲ $1,360,926
Total Liabilities and Net Assets / Fund Balance$15,062,208$16,055,533▲ $993,325

Asset Categories

AssetBook ValueDepreciationBasis
Land$795,313-$795,313
Equipment$19,530$18,027$37,557

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$11,796,158$864,792▲ $1,419,702-$13,095,999
2015$10,431,371$2,539,959▼ $261,868-$11,796,158
2014$9,121,096$1,825,653▲ $256,059-$10,431,371
2013$5,496,634$2,744,291▲ $1,294,578-$9,121,096
2012$4,828,083$139,182▲ $875,164-$5,496,634
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Larry RobinsonExecutive DirectorPT$122,847$122,847

Board Members and Trustees

NameTitle
Mary SimonsonChairman
Matt PedersenVice Chairman
Bob BerganDirector
Dee JensenDirector
Delton SteeleDirector
Dick GulmonDirector
Dr Genevieve GovenDirector
Dr Tisa MasonDirector
DuWayne BottDirector
Gene SmestadDirector
George GauklerDirector
Harvey SchillingDirector
Jan StowmanDirector
Jerry ToppDirector
Josh KasowskiDirector
Ken AstrupDirector
Mark FinstadDirector
Mark RichmanDirector
Paul SandnessDirector
Phil MuellerDirector
Raymond J BraunDirector
Robert HorneDirector
Ryan BotnerDirector
Wesley WintchDirector
Dave BassSecretary
Jeff NathanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,139,519
Program Service Revenue
$0
Investment Income
$471,255
Other Revenue
$164,165
All Other Contributions
$1,287,137
Change in Net Assets
$281,716

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
Other Non Cash Contri Table1$251,862Actual payroll
Other Non Cash Contri Table253$70,561Cost and revenue rcv
Total Noncash Contributions254$322,423-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,223,819
Revenue Not Reported on Financial Statements
$551,120
Revenue Not Reported on Form 990
$1,078,722
Other Revenue Adjustments
$551,120
Total Revenue per Audited Statements
$3,302,541
Total Revenue per Form 990
$2,774,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,813,871
Other Expenses$427,125
Total Fundraising Expense$267,137
Salaries, Compensation, and Employee Benefits$252,227
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,813,871--$1,813,871
Other Salaries and Wages-$135,990$116,237$252,227
Fees for Services Management-$47,732$88,645$136,377
All Other Expenses-$25,360$17,302$42,662
Fees for Services Accounting-$39,327-$39,327
Office Expenses-$23,833$12,232$36,065
Conferences and Meetings-$27,157$2,128$29,285
Interest-$20,736-$20,736
Insurance-$9,275$97$9,372
Other Expenses-$8,435$5,206$8,435
Travel-$6,091-$6,091
Royalties--$6,060$6,060
Depreciation Depletion-$5,381-$5,381
Information Technology-$4,250-$4,250
Advertising-$1,224$1,235$2,459
Total Functional Expenses$1,813,871$412,215$267,137$2,493,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,493,223
Expenses per Audited Statements$1,942,103
Total Expenses per Audited Statements$1,941,617
Expenses Not Reported on Financial Statements$551,120
Other Expense Adjustments$551,120
Expenses Not Reported on Form 990$-486
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley City State UniversityValley City, ND170(b)(1)(A)(iv)The Foundation provides funds to Valley City State University for student scholarships, equipment, facility improvements, and activities.$1,184,452
Valley City Park DistrictValley City, ND-The Foundation provides funds to Valley City Park District for construction of the Valley City Wellness Center$550,936
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$187,047
Fundraising Direct Expenses$33,814
Gaming Gross Income$2,943
Gaming Direct Expenses$2,438
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$169,663$169,663$10,098$159,565
Golf Tournaments$17,384$17,384-$17,384
Total Events$187,047$187,047$33,814$153,233
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Park Board$1,867,264
Due to Affiliate$38,531
Annuities Payable$14,748
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 10B

“Clubs have their own bylaws.”

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

“A copy of the Form 990 is available for the Board of Directors for review before it is filed with the IRS.”

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

“Directors and officers annually disclose conflict of interests at the Board of Directors annual meeting.”

Form 990, Part VI, Section B, line 15

“The Executive Director's compensation and responsibilities are reviewed and approved by the President of the University. Key employees' compensation and responsibilities are reviewed and approved by the Executive Director.”

Form 990, Part VI, Section C, line 19

“Form 990 is made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Valley City State University Foundation
EIN
23-7178785
Phone
7018457203
Address
101 COLLEGE STREET, VALLEY CITY, ND 58072-4024

Signing Officer

Name
Larry Robinson
Title
Executive Director
Phone
7018457203
Signed
2017-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Robinson
Formed
1972
Legal Domicile
Nd
Voting Board Members
23
Independent Board Members
22
Employees
0
Volunteers
95

Preparer

Firm
Ludvigson Braun and Co
Address
PO BOX 845, VALLEY CITY, ND 58072-0845
Preparer
Matthew D Pedersen CPA
Phone
7018451457
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The Finance and Executive Committees review the audit.”

Financial Statement Notes

Part IV, Line 1B:

“Valley City State University Foundation is custodian for funds belonging to Valley City State University and invests these funds for the purpose of generating income to fund scholarships.”

Part V, Line 4:

“Advancement of Valley City State University by awarding scholarships and by promoting the University.”

Part X, Line 2:

“The entity believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future acrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

Part XI, Line 2D - Other Adjustments:

“Special events income netted with direct expenses included in Part VIII 5,574. Royalties expenses (netted on audited financial statements) -6,060. Rounding Differences 1.”

Part XI, Line 4B - Other Adjustments:

“Wellness Center Contributions for Park Board 551,120.”

Part XII, Line 2D - Other Adjustments:

“Special events income netted with direct expenses included in Part VIII 5,574. Royalties expenses (netted on audited financial statements) -6,060.”

Part XII, Line 4B - Other Adjustments:

“Wellness Center Contribution Expense 551,120.”

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IRS990/Form990PartVIISectionAGrp/PersonNm3George Gaukler
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IRS990/Form990PartVIISectionAGrp/PersonNm5Dave Bass
IRS990/Form990PartVIISectionAGrp/PersonNm6Matt Pedersen
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IRS990/Form990PartVIISectionAGrp/PersonNm9Phil Mueller
IRS990/Form990PartVIISectionAGrp/PersonNm10Dick Gulmon
IRS990/Form990PartVIISectionAGrp/PersonNm11Bob Bergan
IRS990/Form990PartVIISectionAGrp/PersonNm12Mark Finstad
IRS990/Form990PartVIISectionAGrp/PersonNm13Ken Astrup
IRS990/Form990PartVIISectionAGrp/PersonNm14Mary Simonson
IRS990/Form990PartVIISectionAGrp/PersonNm15Jan Stowman
IRS990/Form990PartVIISectionAGrp/PersonNm16Jeff Nathan
IRS990/Form990PartVIISectionAGrp/PersonNm17Dr Genevieve Goven
IRS990/Form990PartVIISectionAGrp/PersonNm18Mark Richman
IRS990/Form990PartVIISectionAGrp/PersonNm19Robert Horne
IRS990/Form990PartVIISectionAGrp/PersonNm20Delton Steele
IRS990/Form990PartVIISectionAGrp/PersonNm21Wesley Wintch
IRS990/Form990PartVIISectionAGrp/PersonNm22Paul Sandness
IRS990/Form990PartVIISectionAGrp/PersonNm23Ryan Botner
IRS990/Form990PartVIISectionAGrp/PersonNm24Harvey Schilling
IRS990/Form990PartVIISectionAGrp/PersonNm25Josh Kasowski
IRS990/Form990PartVIISectionAGrp/PersonNm26Larry Robinson
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/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7215546
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/ReportableCompFromRltdOrgAmt26109284
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt033814
IRS990/FundraisingGrossIncomeAmt0187047
IRS990/GainOrLossGrp/SecuritiesAmt0-41148
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt02438
IRS990/GamingGrossIncomeAmt02943
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt0230241
IRS990/GrantAmt01122682
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01813871
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01813871
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0838057
IRS990/GrossReceiptsAmt03690396
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04250
IRS990/InformationTechnologyGrp/TotalAmt04250
IRS990/InsuranceGrp/FundraisingAmt097
IRS990/InsuranceGrp/ManagementAndGeneralAmt09275
IRS990/InsuranceGrp/TotalAmt09372
IRS990/InterestGrp/ManagementAndGeneralAmt020736
IRS990/InterestGrp/TotalAmt020736
IRS990/InvestmentIncomeGrp/ExclusionAmt0512403
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0512403
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt07300
IRS990/InvestmentsProgramRelatedGrp/EOYAmt07300
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09460610
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011367070
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018027
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01135837
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0814843
IRS990/LandBldgEquipCostOrOtherBssAmt0832870
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0879205
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0353585
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0921996
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0574788
IRS990/NetAssetsOrFundBalancesBOYAmt012197811
IRS990/NetAssetsOrFundBalancesEOYAmt013558737
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-41148
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-41148
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0153233
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0153233
IRS990/NetIncomeFromGamingGrp/ExclusionAmt0505
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0505
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01079210
IRS990/NoncashContributionsAmt0322423
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt012232
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023833
IRS990/OfficeExpensesGrp/TotalAmt036065
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072685
IRS990/OtherAssetsTotalGrp/EOYAmt023437
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publicatio
IRS990/OtherExpensesGrp/Desc1Awards and Gifts
IRS990/OtherExpensesGrp/Desc2Licenses/Fees
IRS990/OtherExpensesGrp/Desc3Property Taxes
IRS990/OtherExpensesGrp/FundraisingAmt017995
IRS990/OtherExpensesGrp/FundraisingAmt15206
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037859
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38435
IRS990/OtherExpensesGrp/TotalAmt055854
IRS990/OtherExpensesGrp/TotalAmt115596
IRS990/OtherExpensesGrp/TotalAmt29175
IRS990/OtherExpensesGrp/TotalAmt38435
IRS990/OtherLiabilitiesGrp/BOYAmt01915654
IRS990/OtherLiabilitiesGrp/EOYAmt01920543
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0116237
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0135990
IRS990/OtherSalariesAndWagesGrp/TotalAmt0252227
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt06370354
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt06762705
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02587916
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02761481
IRS990/PoliciesReferenceChaptersInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06966
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06197
IRS990/PrincipalOfficerNm0Larry Robinson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Contributions were given to Valley City State University to fundactivities and improvements
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0130253
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0130253
IRS990/ProgSrvcAccomActy3Grp/Desc0Cash and Pledges were received for Valley City Wellness Center project and contributions were given to Valley City Park District.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0550936
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0550936
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Membership in Valley City State University's Century Club (athletics)
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt010000

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,055,533
Liabilities
$2,496,796
Net assets
$13,558,737
Revenue
$2,774,939
Expenses
$2,493,223
Net income
$281,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$2.52$30.3$6.88$3.98$2.90
2024Detailed filing. Detailed filing data is available for this year.$27.5$0.07$27.4$9.64$3.56$6.08
2023Detailed filing. Detailed filing data is available for this year.$19.7$0.15$19.6$2.33$2.80$0.47
2022Detailed filing. Detailed filing data is available for this year.$18.9$0.26$18.7$7.61$2.94$4.67
2021Detailed filing. Detailed filing data is available for this year.$19.6$0.57$19.0$4.31$2.59$1.72
2020Detailed filing. Detailed filing data is available for this year.$14.8$0.83$13.9$2.04$3.21$1.17
2019Detailed filing. Detailed filing data is available for this year.$16.9$1.77$15.1$3.61$3.22$0.38
2018Detailed filing. Detailed filing data is available for this year.$17.3$2.34$14.9$3.34$2.22$1.12
2017Detailed filing. Detailed filing data is available for this year.$16.1$2.50$13.6$2.77$2.49$0.28
2016Detailed filing. Detailed filing data is available for this year.$15.1$2.86$12.2$4.20$1.84$2.36
2015Detailed filing. Detailed filing data is available for this year.$15.7$4.90$10.8$7.45$6.12$1.33
2014Detailed filing. Detailed filing data is available for this year.$10.1$0.13$9.97$4.31$1.23$3.08