Civic Intelligence

Valley City State University Foundation

990 • Fiscal year 2020 • EIN 23-7178785

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 20, 2020

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

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.41x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

6th percentile

-57%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$139,787

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

5th percentile

-13%

Faster asset growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-43%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$14,752,360

Down $2,157,391 (-13%) from 2019

Net Assets

Down

$13,923,081

Down $1,219,418 (-8.1%) from 2019

Liabilities

Down

$829,279

Down $937,973 (-53%) from 2019

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin6th percentile

Revenue

Down

$2,039,931

Down $1,565,292 (-43%) from 2019

Expenses

Down

$3,210,866

Down $10,414 (-0.3%) from 2019

Net Income

Down

-$1,170,935

Down $1,554,878 (-405%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th 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

2020

Assets$14,752,360
Liabilities$829,279
Net Assets$13,923,081
Open 2020 Filing

Operations Trend

Revenue Growth8th 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

2020

Revenue$2,039,931
Expenses$3,210,866
Net Income-$1,170,935
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 20, 2020
Return Version
2019v5.1
Gross Receipts
$2,551,959
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$13,367,022$13,447,460▲ $80,438
Pledges and Grants Receivable$1,108,855$709,816▼ $399,039
Land, Buildings, and Equipment, Net$1,050,340$251,496▼ $798,844
Savings and Temporary Cash Investments$1,319,585$204,474▼ $1,115,111
Cash and Non-Interest-Bearing Accounts$24,458$21,302▼ $3,156
Prepaid Expenses and Deferred Charges$9,428$12,304▲ $2,876
Investments Program Related$7,300$7,300→ $0
Total Assets$16,909,751$14,752,360▼ $2,157,391
Other Assets Total$22,763$98,208▲ $75,445
Liabilities
Other Liabilities$969,786$583,119▼ $386,667
Mortgage Notes Payable Secured by Investment Property$795,888$246,069▼ $549,819
Accounts Payable and Accrued Expenses$1,578$91▼ $1,487
Total Liabilities$1,767,252$829,279▼ $937,973
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,613,451$13,597,222▼ $1,016,229
Net Assets Without Donor Restrictions$529,048$325,859▼ $203,189
Total Net Assets Fund Balance$15,142,499$13,923,081▼ $1,219,418
Total Liabilities and Net Assets / Fund Balance$16,909,751$14,752,360▼ $2,157,391

Asset Categories

AssetBook ValueDepreciationBasis
Land$244,191-$244,191
Equipment$7,305$30,252$37,557

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$14,613,451$454,106▲ $771,355$813,863$13,597,222
2018$14,466,045$632,817▲ $800,926-$14,613,451
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
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Larry RobinsonExecutive Director (Non-VoPT$139,787$139,787

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$1,126,104
Program Service Revenue
$0
Investment Income
$878,708
Other Revenue
$35,119
All Other Contributions
$568,216
Change in Net Assets
$-1,170,935

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$193,530Actual payroll
Other Non Cash Contri Table25$24,318Cost and revenue rcv
Total Noncash Contributions26$217,848-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,039,931
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,057
Total Revenue per Audited Statements
$2,040,988
Total Revenue per Form 990
$2,039,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,526,797
Other Expenses$459,771
Total Fundraising Expense$306,862
Salaries, Compensation, and Employee Benefits$193,530
Professional Fundraising Fees$30,768

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,526,797--$2,526,797
Other Salaries and Wages-$106,441$87,089$193,530
Fees for Services Management-$55,773$103,578$159,351
Fees for Services Accounting-$44,536-$44,536
Office Expenses-$28,600$15,447$44,047
All Other Expenses-$28,539$6,235$34,774
Conferences and Meetings-$25,456$5,497$30,953
Fees for Services Professional Fundraising--$30,768$30,768
Interest-$19,017-$19,017
Other Expenses-$6,733$4,457$11,190
Travel-$6,946$1,917$8,863
Insurance-$7,711$117$7,828
Advertising-$2,220$4,076$6,296
Royalties--$4,805$4,805
Depreciation Depletion-$3,531-$3,531
Total Functional Expenses$2,526,797$377,207$306,862$3,210,866

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,260,406
Expenses per Audited Statements$3,210,866
Total Expenses per Form 990$3,210,866
Expenses Not Reported on Form 990$49,540
Expenses Not Reported on Financial Statements$0
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.$789,545
Valley City Park DistrictValley City, ND-The Foundation provides funds to Valley City Park District for construction of the Valley City Wellness Center$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$30,768
Fundraising Gross Income$20,750
Gaming Gross Income$9,972
Fundraising Direct Expenses$3,029
Gaming Direct Expenses$1,195

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$20,750$20,750$1,341$19,409
Golf Tournaments$0-$1,132-
Total Events$20,750$20,750$3,029$17,721
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$526,763
Due to Affiliate$46,063
Annuities Payable$10,293
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
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
2020-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Robinson
Formed
1972
Legal Domicile
Nd
Voting Board Members
21
Independent Board Members
20
Employees
0
Volunteers
90

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

Part XII, Line 2C

“The Audit 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:

“Income netted with direct expenses included in Part VIII 55,920. Royalties expenses (netted on audited financial statements) -4,805. Miscellaneous -1,575.”

Part XI, Line 4B - Other Adjustments:

“Wellness Center Contributions for Park Board”

Part XII, Line 2D - Other Adjustments:

“Income netted with direct expenses included in Part VIII 55,920. Royalties expenses (netted on audited financial statements) -4,805. Miscellaneous -1,575.”

Part XII, Line 4B - Other Adjustments:

“Wellness Center Contribution Expense”

Raw XML AppendixShowing 400 of 781 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/PersonNm15Kirsten Baesler
IRS990/Form990PartVIISectionAGrp/PersonNm16Jeff Nathan
IRS990/Form990PartVIISectionAGrp/PersonNm17Larry Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm18Dr Genevieve Goven
IRS990/Form990PartVIISectionAGrp/PersonNm19Mark Richman
IRS990/Form990PartVIISectionAGrp/PersonNm20Robert Horne
IRS990/Form990PartVIISectionAGrp/PersonNm21Josh Kasowski
IRS990/Form990PartVIISectionAGrp/PersonNm22Wesley Wintch
IRS990/Form990PartVIISectionAGrp/PersonNm23Paul Sandness
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/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/ReportableCompFromRltdOrgAmt17123596
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
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-Vo
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Non-Voting Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt03029
IRS990/FundraisingGrossIncomeAmt020750
IRS990/GainOrLossGrp/SecuritiesAmt038199
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt01195
IRS990/GamingGrossIncomeAmt09972
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt096285
IRS990/GrantAmt01696958
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02526797
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02526797
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0546003
IRS990/GrossReceiptsAmt02551959
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0117
IRS990/InsuranceGrp/ManagementAndGeneralAmt07711
IRS990/InsuranceGrp/TotalAmt07828
IRS990/InterestGrp/ManagementAndGeneralAmt019017
IRS990/InterestGrp/TotalAmt019017
IRS990/InvestmentIncomeGrp/ExclusionAmt0840509
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0840509
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt07300
IRS990/InvestmentsProgramRelatedGrp/EOYAmt07300
IRS990/InvestmentsPubTradedSecGrp/BOYAmt013367022
IRS990/InvestmentsPubTradedSecGrp/EOYAmt013447460
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030252
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01050340
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0251496
IRS990/LandBldgEquipCostOrOtherBssAmt0281748
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0507804
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0239389
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/BOYAmt0795888
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0246069
IRS990/NetAssetsOrFundBalancesBOYAmt015142499
IRS990/NetAssetsOrFundBalancesEOYAmt013923081
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt038199
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt038199
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017721
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017721
IRS990/NetIncomeFromGamingGrp/ExclusionAmt08777
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt08777
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-48483
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0529048
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0325859
IRS990/NoncashContributionsAmt0217848
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt015447
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028600
IRS990/OfficeExpensesGrp/TotalAmt044047
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022763
IRS990/OtherAssetsTotalGrp/EOYAmt098208
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publicatio
IRS990/OtherExpensesGrp/Desc1Bad Debts
IRS990/OtherExpensesGrp/Desc2Licenses/Fees
IRS990/OtherExpensesGrp/Desc3Awards and Gifts
IRS990/OtherExpensesGrp/FundraisingAmt024952
IRS990/OtherExpensesGrp/FundraisingAmt117924
IRS990/OtherExpensesGrp/FundraisingAmt24457
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029443
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26733
IRS990/OtherExpensesGrp/TotalAmt054395
IRS990/OtherExpensesGrp/TotalAmt117924
IRS990/OtherExpensesGrp/TotalAmt212261
IRS990/OtherExpensesGrp/TotalAmt311190
IRS990/OtherLiabilitiesGrp/BOYAmt0969786
IRS990/OtherLiabilitiesGrp/EOYAmt0583119
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt087089
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0106441
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193530
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01108855
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0709816
IRS990/PoliciesReferenceChaptersInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09428
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012304
IRS990/PrincipalOfficerNm0Larry Robinson
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0Contributions were given to Valley City State University to fund activities and track improvements
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0813863
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0813863
IRS990/ProgSrvcAccomActy3Grp/Desc0Cash and Pledges were received for Valley City Wellness Center project and contributions were given to Valley City Park District.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Membership in Valley City State University's Century Club (athletics) and local charitable donations
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt015976
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt015976
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02390139
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02469883
IRS990/PYInvestmentIncomeAmt01037900
IRS990/PYOtherExpensesAmt0478665
IRS990/PYOtherRevenueAmt0177184
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0383943
IRS990/PYSalariesCompEmpBnftPaidAmt0272732
IRS990/PYTotalExpensesAmt03221280
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03605223
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$14,752,360
Liabilities
$829,279
Net assets
$13,923,081
Revenue
$2,039,931
Expenses
$3,210,866
Net income
-$1,170,935
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