Civic Intelligence

Valley City State University Foundation

990 • Fiscal year 2018 • EIN 23-7178785

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 26, 2018

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

41st percentile

0.14x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.70x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

85th percentile

34%

Higher net margin than 85% of similar nonprofits.

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

Top Officer Pay

30th percentile

$123,644

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

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

Asset Growth

69th percentile

7.6%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

78th percentile

20%

Faster revenue growth than 78% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$17,279,931

Up $1,224,398 (+7.6%) from 2017

Net Assets

Up

$14,942,760

Up $1,384,023 (+10%) from 2017

Liabilities

Down

$2,337,171

Down $159,625 (-6.4%) from 2017

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin85th percentile

Revenue

Up

$3,337,778

Up $562,839 (+20%) from 2017

Expenses

Down

$2,219,583

Down $273,640 (-11%) from 2017

Net Income

Up

$1,118,195

Up $836,479 (+297%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2018

Assets$17,279,931
Liabilities$2,337,171
Net Assets$14,942,760
Open 2018 Filing

Operations Trend

Revenue Growth78th 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

2018

Revenue$3,337,778
Expenses$2,219,583
Net Income$1,118,195
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 26, 2018
Return Version
2017v2.3
Gross Receipts
$5,468,725
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$11,367,070$12,480,517▲ $1,113,447
Pledges and Grants Receivable$2,761,481$1,946,352▼ $815,129
Savings and Temporary Cash Investments$1,057,516$1,722,933▲ $665,417
Land, Buildings, and Equipment, Net$814,843$1,054,351▲ $239,508
Cash and Non-Interest-Bearing Accounts$17,689$39,181▲ $21,492
Prepaid Expenses and Deferred Charges$6,197$7,425▲ $1,228
Investments Program Related$7,300$7,300→ $0
Total Assets$16,055,533$17,279,931▲ $1,224,398
Other Assets Total$23,437$21,872▼ $1,565
Liabilities
Other Liabilities$1,920,543$1,536,095▼ $384,448
Mortgage Notes Payable Secured by Investment Property$574,788$795,888▲ $221,100
Accounts Payable and Accrued Expenses$1,465$5,188▲ $3,723
Total Liabilities$2,496,796$2,337,171▼ $159,625
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,762,705$7,233,346▲ $470,641
Temporarily Rstr Net Assets$6,333,294$7,232,699▲ $899,405
Unrestricted Net Assets$462,738$476,715▲ $13,977
Total Net Assets Fund Balance$13,558,737$14,942,760▲ $1,384,023
Total Liabilities and Net Assets / Fund Balance$16,055,533$17,279,931▲ $1,224,398

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,039,504-$1,039,504
Equipment$14,847$22,710$37,557

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$13,095,999$1,576,204▲ $1,030,396-$14,466,045
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
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Larry RobinsonExecutive Director (Non-Voting)PT$123,644$123,644

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,323,918
Program Service Revenue
$0
Investment Income
$847,127
Other Revenue
$166,733
All Other Contributions
$1,634,725
Change in Net Assets
$1,118,195

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$235,548Actual payroll
Other Non Cash Contri Table263$62,687Cost and revenue rcv
Total Noncash Contributions264$298,235-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,337,748
Revenue Not Reported on Financial Statements
$30
Revenue Not Reported on Form 990
$264,362
Other Revenue Adjustments
$30
Total Revenue per Audited Statements
$3,602,110
Total Revenue per Form 990
$3,337,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,482,438
Other Expenses$501,597
Total Fundraising Expense$259,149
Salaries, Compensation, and Employee Benefits$235,548
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,482,438--$1,482,438
Other Salaries and Wages-$127,037$108,511$235,548
Fees for Services Management-$48,502$90,075$138,577
All Other Expenses-$29,392$29,327$58,719
Fees for Services Accounting-$40,839-$40,839
Office Expenses-$27,562$8,955$36,517
Interest-$31,092-$31,092
Conferences and Meetings-$28,264$332$28,596
Other Expenses-$13,890$8,633$13,890
Advertising-$5,772$5,351$11,123
Travel-$10,935-$10,935
Insurance-$9,797$102$9,899
Royalties--$7,863$7,863
Depreciation Depletion-$6,147-$6,147
Total Functional Expenses$1,482,438$477,996$259,149$2,219,583

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,219,583
Expenses per Audited Statements$2,219,553
Total Expenses per Audited Statements$2,218,087
Expenses Not Reported on Financial Statements$30
Other Expense Adjustments$30
Expenses Not Reported on Form 990$-1,466
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.$1,413,238
Valley City Park DistrictValley City, ND-The Foundation provides funds to Valley City Park District for construction of the Valley City Wellness Center$30
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$186,148
Fundraising Direct Expenses$34,515
Gaming Gross Income$4,996
Gaming Direct Expenses$2,845
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$163,753$163,753$9,676$154,077
Golf Tournaments$22,395$22,395-$22,395
Total Events$186,148$186,148$34,515$151,633
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$1,488,061
Due to Affiliate$33,993
Annuities Payable$14,041
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
2018-10-26
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 6,397. Royalties expenses (netted on audited financial statements) -7,863. Rounding Differences”

Part XI, Line 4B - Other Adjustments:

“Wellness Center Contributions for Park Board 30.”

Part XII, Line 2D - Other Adjustments:

“Special events income netted with direct expenses included in Part VIII 6,397. Royalties expenses (netted on audited financial statements) -7,863.”

Part XII, Line 4B - Other Adjustments:

“Wellness Center Contribution Expense 30.”

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IRS990/Form990PartVIISectionAGrp/PersonNm12Mark Finstad
IRS990/Form990PartVIISectionAGrp/PersonNm13Ken Astrup
IRS990/Form990PartVIISectionAGrp/PersonNm14Mary Simonson
IRS990/Form990PartVIISectionAGrp/PersonNm15Jan Stowman
IRS990/Form990PartVIISectionAGrp/PersonNm16Jeff Nathan
IRS990/Form990PartVIISectionAGrp/PersonNm17Larry Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm18Dr Genevieve Goven
IRS990/Form990PartVIISectionAGrp/PersonNm19Mark Richman
IRS990/Form990PartVIISectionAGrp/PersonNm20Robert Horne
IRS990/Form990PartVIISectionAGrp/PersonNm21Delton Steele
IRS990/Form990PartVIISectionAGrp/PersonNm22Wesley Wintch
IRS990/Form990PartVIISectionAGrp/PersonNm23Paul Sandness
IRS990/Form990PartVIISectionAGrp/PersonNm24Ryan Botner
IRS990/Form990PartVIISectionAGrp/PersonNm25Josh Kasowski
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/ReportableCompFromRltdOrgAmt17109307
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Non-Voting Director
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/TitleTxt17Executive Director (Non-Voting)
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Non-Voting Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt034515
IRS990/FundraisingGrossIncomeAmt0186148
IRS990/GainOrLossGrp/SecuritiesAmt0-32218
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt02845
IRS990/GamingGrossIncomeAmt04996
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt0199500
IRS990/GrantAmt01390685
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01482438
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01482438
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02061369
IRS990/GrossReceiptsAmt05468725
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0102
IRS990/InsuranceGrp/ManagementAndGeneralAmt09797
IRS990/InsuranceGrp/TotalAmt09899
IRS990/InterestGrp/ManagementAndGeneralAmt031092
IRS990/InterestGrp/TotalAmt031092
IRS990/InvestmentIncomeGrp/ExclusionAmt0879345
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0879345
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt07300
IRS990/InvestmentsProgramRelatedGrp/EOYAmt07300
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011367070
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012480517
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022710
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0814843
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01054351
IRS990/LandBldgEquipCostOrOtherBssAmt01077061
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02093587
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0254145
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/BOYAmt0574788
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0795888
IRS990/NetAssetsOrFundBalancesBOYAmt013558737
IRS990/NetAssetsOrFundBalancesEOYAmt014942760
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-32218
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-32218
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0151633
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0151633
IRS990/NetIncomeFromGamingGrp/ExclusionAmt02151
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt02151
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0265828
IRS990/NoncashContributionsAmt0298235
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt08955
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027562
IRS990/OfficeExpensesGrp/TotalAmt036517
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023437
IRS990/OtherAssetsTotalGrp/EOYAmt021872
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publicatio
IRS990/OtherExpensesGrp/Desc1University Fund
IRS990/OtherExpensesGrp/Desc2Cleaning & Maintenance
IRS990/OtherExpensesGrp/Desc3Licenses/Fees
IRS990/OtherExpensesGrp/FundraisingAmt08633
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224148
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313890
IRS990/OtherExpensesGrp/TotalAmt055863
IRS990/OtherExpensesGrp/TotalAmt127389
IRS990/OtherExpensesGrp/TotalAmt224148
IRS990/OtherExpensesGrp/TotalAmt313890
IRS990/OtherLiabilitiesGrp/BOYAmt01920543
IRS990/OtherLiabilitiesGrp/EOYAmt01536095
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0108511
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127037
IRS990/OtherSalariesAndWagesGrp/TotalAmt0235548
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt06762705
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07233346
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02761481
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01946352
IRS990/PoliciesReferenceChaptersInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06197
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07425
IRS990/PrincipalOfficerNm0Larry Robinson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Contributions were given to Valley City State University to fundactivities and improvements
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt081723
IRS990/ProgSrvcAccomActy2Grp/GrantAmt081723
IRS990/ProgSrvcAccomActy3Grp/Desc0Cash and Pledges were received for Valley City Wellness Center project and contributions were given to Valley City Park District.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030
IRS990/ProgSrvcAccomActy3Grp/GrantAmt030
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Membership in Valley City State University's Century Club (athletics)
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt010000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt010000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02139519
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01813871
IRS990/PYInvestmentIncomeAmt0471255
IRS990/PYOtherExpensesAmt0427125
IRS990/PYOtherRevenueAmt0164165

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,279,931
Liabilities
$2,337,171
Net assets
$14,942,760
Revenue
$3,337,778
Expenses
$2,219,583
Net income
$1,118,195
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