Civic Intelligence

Dakota State University Foundation

990 • Fiscal year 2019 • EIN 23-7299995

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 15, 2020

Organization ProfileWWW.FOUNDATION.DSU.EDU
820 N Washington AvenueMadison, SD 57042

(605) 256-5157

Siviq Scores

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

Liabilities / Assets

74th percentile

0.55x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

5.79x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

5th percentile

-12%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$40,519,237

Down $5,454,539 (-12%) from 2018

Net Assets

Up

$18,228,168

Up $947,540 (+5.5%) from 2018

Liabilities

Down

$22,291,069

Down $6,402,079 (-22%) from 2018

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin89th percentile

Revenue

Down

$3,847,910

Down $3,198,564 (-45%) from 2018

Expenses

Down

$2,221,983

Down $3,470,893 (-61%) from 2018

Net Income

Up

$1,625,927

Up $272,329 (+20%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$150M$100M$50M$0Assets 2011: $9,739,315Liabilities 2011: $2,205,643Net Assets 2011: $7,533,6722011Assets 2012: $10,268,914Liabilities 2012: $1,967,937Net Assets 2012: $8,300,9772012Assets 2013: $11,141,725Liabilities 2013: $1,930,255Net Assets 2013: $9,211,4702013Assets 2014: $14,334,413Liabilities 2014: $1,492,189Net Assets 2014: $12,842,2242014Assets 2015: $18,305,944Liabilities 2015: $1,435,975Net Assets 2015: $16,869,9692015Assets 2016: $17,115,725Liabilities 2016: $503,593Net Assets 2016: $16,612,1322016Assets 2017: $16,181,925Liabilities 2017: $492,311Net Assets 2017: $15,689,6142017Assets 2018: $45,973,776Liabilities 2018: $28,693,148Net Assets 2018: $17,280,6282018Assets 2019: $40,519,237Liabilities 2019: $22,291,069Net Assets 2019: $18,228,1682019Assets 2020: $34,127,740Liabilities 2020: $16,068,852Net Assets 2020: $18,058,8882020Assets 2021: $48,525,169Liabilities 2021: $15,760,334Net Assets 2021: $32,764,8352021Assets 2022: $118,045,718Liabilities 2022: $98,636,082Net Assets 2022: $19,409,6362022Assets 2023: $96,118,718Liabilities 2023: $53,069,757Net Assets 2023: $43,048,9612023Assets 2024: $102,151,272Liabilities 2024: $76,848,409Net Assets 2024: $25,302,8632024

Highlighted filing

2019

Assets$40,519,237
Liabilities$22,291,069
Net Assets$18,228,168
Open 2019 Filing

Operations Trend

Revenue Growth6th percentile

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

$40M$20M$0-$20MExpenses 2011: $1,112,1382011Expenses 2012: $1,417,4732012Expenses 2013: $1,581,2392013Revenue 2014: $4,185,658Expenses 2014: $1,392,599Net Income 2014: $2,793,0592014Revenue 2015: $5,825,140Expenses 2015: $1,499,156Net Income 2015: $4,325,9842015Revenue 2016: $3,753,521Expenses 2016: $3,186,610Net Income 2016: $566,9112016Revenue 2017: $2,717,176Expenses 2017: $4,439,096Net Income 2017: -$1,721,9202017Revenue 2018: $7,046,474Expenses 2018: $5,692,876Net Income 2018: $1,353,5982018Revenue 2019: $3,847,910Expenses 2019: $2,221,983Net Income 2019: $1,625,9272019Revenue 2020: $3,444,107Expenses 2020: $2,774,279Net Income 2020: $669,8282020Revenue 2021: $15,213,740Expenses 2021: $2,592,406Net Income 2021: $12,621,3342021Revenue 2022: $5,725,186Expenses 2022: $2,887,015Net Income 2022: $2,838,1712022Revenue 2023: $5,886,711Expenses 2023: $13,699,637Net Income 2023: -$7,812,9262023Revenue 2024: $10,218,415Expenses 2024: $27,965,827Net Income 2024: -$17,747,4122024

Highlighted filing

2019

Revenue$3,847,910
Expenses$2,221,983
Net Income$1,625,927
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 15, 2020
Return Version
2018v3.2
Gross Receipts
$8,167,122
Mission and Program Overview

Mission

Dakota state university foundation is an independent non-profit corporation established for the purpose of raising and managing private funding for the benefit of dakota state university.

The dakota state university foundation raises and manages private funding for the benefit of dakota state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,964,417$29,384,937▲ $1,420,520
Savings and Temporary Cash Investments$16,766,999$9,095,532▼ $7,671,467
Land, Buildings, and Equipment, Net$928,450$1,733,074▲ $804,624
Accounts Receivable$225$225→ $0
Total Assets$45,973,776$40,519,237▼ $5,454,539
Other Assets Total$313,685$305,469▼ $8,216
Liabilities
Other Liabilities$28,693,148$21,691,569▼ $7,001,579
Mortgage Notes Payable Secured by Investment Property-$599,500-
Total Liabilities$28,693,148$22,291,069▼ $6,402,079
Net Assets / Fund Balance
Permanently Rstr Net Assets$14,395,993$14,871,886▲ $475,893
Unrestricted Net Assets$2,884,635$3,356,282▲ $471,647
Total Net Assets Fund Balance$17,280,628$18,228,168▲ $947,540
Total Liabilities and Net Assets / Fund Balance$45,973,776$40,519,237▼ $5,454,539

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,538,932$564,244$2,103,176
Land$194,142-$194,142

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$14,395,993$483,209▼ $7,316-$14,871,886
2017$10,844,688$3,558,278▼ $6,973-$14,395,993
2016$10,674,962$219,739▲ $10,012-$10,844,688
2015$9,106,682$1,541,234▼ $32,979-$10,614,937
2014$8,439,580$1,056,727▼ $389,625-$9,106,682
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Bill BeckBoard Member
Bob CasagrandeBoard Member
Brian KernBoard Member
Cecelia WittmayerBoard Member
Dan MeadowsBoard Member
Darrel SimonBoard Member
David GeiverBoard Member
Delon MorkBoard Member
Erin NielsenBoard Member
Floyd RummelBoard Member
Hali McclellandBoard Member
Jeff BloomBoard Member
Judy DittmanBoard Member
Kazzi Foster-teelBoard Member
Mike HalversonBoard Member
Mike JaspersBoard Member
Miles BeacomBoard Member
Paul SchroederBoard Member
Pooja PullmanBoard Member
Randy SchaeferBoard Member
Renae ProstrolloBoard Member
Robb GrahamBoard Member
Roger DegrootBoard Member
Scott SchlisnerBoard Member
Summer SchultzBoard Member
Suzy Collignon-hodgenBoard Member
Tammy MillerBoard Member
Wayne PauliBoard Member
Dr Jose Marie GriffithsEx Officio
Jeff DittmanEx Officio
Mark MillageEx Officio
Stacy KrusemarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,093,704
Program Service Revenue
$0
Investment Income
$1,533,853
Other Revenue
$220,353
All Other Contributions
$1,553,662
Change in Net Assets
$1,625,927

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 Amount
Other Non Cash Contri Table1$91,698
Total Noncash Contributions1$91,698

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,847,910
Revenue Not Reported on Form 990
$-164,058
Total Revenue per Audited Statements
$3,683,852
Total Revenue per Form 990
$3,847,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,351,006
Other Expenses$460,300
Salaries, Compensation, and Employee Benefits$410,677
Total Fundraising Expense$101,030
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,351,006--$1,351,006
Other Salaries and Wages-$410,677-$410,677
Office Expenses-$130,707-$130,707
Other Expenses-$122,370$101,030$101,030
Fees for Service Investment Mgmnt Fees-$50,586-$50,586
Occupancy-$44,974-$44,974
Fees for Services Other-$10,633-$10,633
Total Functional Expenses$1,351,006$769,947$101,030$2,221,983

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,736,312
Expenses per Audited Statements$2,221,983
Total Expenses per Form 990$2,221,983
Expenses Not Reported on Form 990$514,329
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dakota State UnivMadison, SD--$1,351,006
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investments Held for Others$21,652,614
Annuities Payable$38,955
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 2

“Jeff & judy dittman siblings”

Form 990, Page 6, Part VI, Line 11B

“The dakota state university assistant controller reviews the form 990 and the foundation treasurer signs after approval.”

Form 990, Page 6, Part VI, Line 12C

“The foundation has formal policies and procedures in place for annually documenting potential conflicts of interests among its governing body. At the beginning of each fiscal year, the organization's conflict of interest policy and code of ethics are sent to all new and returning directors. All directors are asked to acknowledge and to agree to abide by these policies and disclose any potential conflicts of interest pertaining to foundation business.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and irs form 990 are made available to the public on request. Additionally, annual audited financial statements and information regarding endowment holdings are available to the public on request.”

Filing and Contact Details

Filer

Filer Name
Dakota State University Foundation
EIN
23-7299995
Phone
6052565157
Address
820 N WASHINGTON AVENUE, MADISON, SD 57042

Signing Officer

Name
Stacy Krusemark
Title
Treasurer
Phone
6052565157
Signed
2020-04-15

Organization Details

Principal Officer
Stacy Krusemark
Formed
1970
Legal Domicile
Sd
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
25

Preparer

Firm
Wohlenberg Ritzman & Co LLC
Address
PO BOX 1018, YANKTON, SD 57078
Preparer
Kathleen Doyle
Phone
6056654401
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Board members serve without compensation”

Form 990, Part XI, Line 9

“Depreciation to rental schedule 60,287 depreciation to rental schedule -60,287”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“MISSION STATEMENT”

Schedule D, Page 4, Part XI, Line 2D

“Depreciation to rental schedule 60,287”

Schedule D, Page 4, Part XII, Line 2D

“Depreciation to rental schedule 60,287”

Raw XML AppendixShowing 400 of 601 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0225
IRS990/AccountsReceivableGrp/EOYAmt0225
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE DAKOTA STATE UNIVERSITY FOUNDATION RAISES AND MANAGES PRIVATE FUNDING FOR THE BENEFIT OF DAKOTA STATE UNIVERSITY.
IRS990/AllOtherContributionsAmt01553662
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAKOTA STATE UNIVERSITY
IRS990/BooksInCareOfDetail/PhoneNum06052565130
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0820 N WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0570421799
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02093704
IRS990/CYGrantsAndSimilarPaidAmt01351006
IRS990/CYInvestmentIncomeAmt01533853
IRS990/CYOtherExpensesAmt0460300
IRS990/CYOtherRevenueAmt0220353
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01625927
IRS990/CYSalariesCompEmpBnftPaidAmt0410677
IRS990/CYTotalExpensesAmt02221983
IRS990/CYTotalFundraisingExpenseAmt0101030
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03847910
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE FOUNDATION ASSISTS IN MAKING PAYMENTS TO OR ON BEHALF OF DAKOTA STATE UNIVERSITY FOR SCHOLARSHIPS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01351006
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010633
IRS990/FeesForServicesOtherGrp/TotalAmt010633
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt050586
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt050586
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt271.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt281.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt291.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt301.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt311.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd28X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd29X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF BLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm1HALI MCCLELLAND
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL BECK
IRS990/Form990PartVIISectionAGrp/PersonNm3BOB CASAGRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm4SUMMER SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN KERN
IRS990/Form990PartVIISectionAGrp/PersonNm6TAMMY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7DAN MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm8ERIN NIELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9SUZY COLLIGNON-HODGEN
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID GEIVER
IRS990/Form990PartVIISectionAGrp/PersonNm11DELON MORK
IRS990/Form990PartVIISectionAGrp/PersonNm12DR JOSE MARIE GRIFFITHS
IRS990/Form990PartVIISectionAGrp/PersonNm13FLOYD RUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF DITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBB GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm16ROGER DEGROOT
IRS990/Form990PartVIISectionAGrp/PersonNm17JUDY DITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18KAZZI FOSTER-TEEL
IRS990/Form990PartVIISectionAGrp/PersonNm19RENAE PROSTROLLO
IRS990/Form990PartVIISectionAGrp/PersonNm20PAUL SCHROEDER
IRS990/Form990PartVIISectionAGrp/PersonNm21MILES BEACOM
IRS990/Form990PartVIISectionAGrp/PersonNm22MIKE HALVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm23POOJA PULLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm24RANDY SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm25SCOTT SCHLISNER
IRS990/Form990PartVIISectionAGrp/PersonNm26STACY KRUSEMARK
IRS990/Form990PartVIISectionAGrp/PersonNm27MIKE JASPERS
IRS990/Form990PartVIISectionAGrp/PersonNm28WAYNE PAULI
IRS990/Form990PartVIISectionAGrp/PersonNm29DARREL SIMON
IRS990/Form990PartVIISectionAGrp/PersonNm30CECELIA WITTMAYER
IRS990/Form990PartVIISectionAGrp/PersonNm31MARK MILLAGE
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/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31EX OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0393463
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GovernmentGrantsAmt0540042
IRS990/GrantAmt01351006
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01351006
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01351006
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04652388
IRS990/GrossReceiptsAmt08167122
IRS990/GrossRentsGrp/RealAmt0280640
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt024
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01140390
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01140390
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027964417
IRS990/InvestmentsPubTradedSecGrp/EOYAmt029384937
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0564244
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0928450
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01733074
IRS990/LandBldgEquipCostOrOtherBssAmt02297318
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04258925
IRS990/LessRentalExpensesGrp/RealAmt060287
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE DAKOTA STATE UNIVERSITY FOUNDATION RAISES AND MANAGES PRIVATE FUNDING FOR THE BENEFIT OF DAKOTA STATE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0599500
IRS990/NetAssetsOrFundBalancesBOYAmt017280628
IRS990/NetAssetsOrFundBalancesEOYAmt018228168
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0393463
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0393463
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0220353
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0220353
IRS990/NetUnrlzdGainsLossesInvstAmt0-678387
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt091698
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt044974
IRS990/OccupancyGrp/TotalAmt044974
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0130707
IRS990/OfficeExpensesGrp/TotalAmt0130707
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0313685
IRS990/OtherAssetsTotalGrp/EOYAmt0305469
IRS990/OtherExpensesGrp/Desc0FOUNDATION PROJECTS
IRS990/OtherExpensesGrp/Desc1BOOSTER CLUB
IRS990/OtherExpensesGrp/FundraisingAmt0101030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0122370
IRS990/OtherExpensesGrp/TotalAmt0122370
IRS990/OtherExpensesGrp/TotalAmt1101030
IRS990/OtherLiabilitiesGrp/BOYAmt028693148
IRS990/OtherLiabilitiesGrp/EOYAmt021691569
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0410677
IRS990/OtherSalariesAndWagesGrp/TotalAmt0410677
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt014395993
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt014871886
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STACY KRUSEMARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EXPENDITURES FOR THE GENERAL SUPPORT OF DSU INCLUDING: PAYMENTS TO DSU ALUMNI ASSN FOR MAILING LIST; PAYMENTS FOR PROJECTS, AWARDS, DEPRECIATION AND MISCELLANEOUS EXPENSES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05993860
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01262127
IRS990/PYInvestmentIncomeAmt0946968
IRS990/PYOtherExpensesAmt03871728
IRS990/PYOtherRevenueAmt0105646
IRS990/PYRevenuesLessExpensesAmt01353598
IRS990/PYSalariesCompEmpBnftPaidAmt0559021
IRS990/PYTotalExpensesAmt05692876
IRS990/PYTotalRevenueAmt07046474
IRS990/ReconcilationRevenueExpnssAmt01625927
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0220353
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016766999
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09095532
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPLIT INTEREST AGREEMENTS -55,257
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,519,237
Liabilities
$22,291,069
Net assets
$18,228,168
Revenue
$3,847,910
Expenses
$2,221,983
Net income
$1,625,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$102$76.8$25.3$10.2$28.0$17.7
2023Detailed filing. Detailed filing data is available for this year.$96.1$53.1$43.0$5.89$13.7$7.81
2022Detailed filing. Detailed filing data is available for this year.$118$98.6$19.4$5.73$2.89$2.84
2021Detailed filing. Detailed filing data is available for this year.$48.5$15.8$32.8$15.2$2.59$12.6
2020Detailed filing. Detailed filing data is available for this year.$34.1$16.1$18.1$3.44$2.77$0.67
2019Detailed filing. Detailed filing data is available for this year.$40.5$22.3$18.2$3.85$2.22$1.63
2018Detailed filing. Detailed filing data is available for this year.$46.0$28.7$17.3$7.05$5.69$1.35
2017Detailed filing. Detailed filing data is available for this year.$16.2$0.49$15.7$2.72$4.44$1.72
2016Detailed filing. Detailed filing data is available for this year.$17.1$0.50$16.6$3.75$3.19$0.57
2015Detailed filing. Detailed filing data is available for this year.$18.3$1.44$16.9$5.83$1.50$4.33
2014Detailed filing. Detailed filing data is available for this year.$14.3$1.49$12.8$4.19$1.39$2.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$1.93$9.21$1.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$1.97$8.30$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.74$2.21$7.53$1.11