Civic Intelligence

Governors Heritage Foundation

EIN 33-1550085 • 501(c)3 • Mandan, ND

Profile

None

PO Box 572Mandan, ND 58554

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.03x

Higher debt load relative to assets than 63% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Net Margin

97th percentile

97%

Higher net margin than 97% of similar nonprofits.

NTEE W • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

NTEE W • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$513,044

No earlier filing loaded for comparison.

Liabilities

$16,785

No earlier filing loaded for comparison.

Net Assets

$496,259

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue67th percentileNet Margin97th percentile

Revenue

$513,044

No earlier filing loaded for comparison.

Expenses

$16,785

No earlier filing loaded for comparison.

Net Income

$496,259

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2024: $513,044Liabilities 2024: $16,785Net Assets 2024: $496,2592024

Highlighted filing

2024

Assets$513,044
Liabilities$16,785
Net Assets$496,259
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2024: $513,044Expenses 2024: $16,785Net Income 2024: $496,2592024

Highlighted filing

2024

Revenue$513,044
Expenses$16,785
Net Income$496,259
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$513,044
Liabilities
$16,785
Net assets
$496,259
Revenue
$513,044
Expenses
$16,785
Net income
$496,259
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.17$4.96$5.13$0.17$4.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 10, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$513,044
Mission and Program Overview

Mission

None

To create awareness, advocacy, and raise funds for statewide charitable efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$513,044-
Total Assets$0$513,044▲ $513,044
Liabilities
Accounts Payable and Accrued Expenses-$16,785-
Total Liabilities$0$16,785▲ $16,785
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$496,259-
Total Net Assets Fund Balance$0$496,259▲ $496,259
Total Liabilities and Net Assets / Fund Balance$0$513,044▲ $513,044
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Greg TehvenChair
Gretchen StenehjemVice President
Kjersti ArmstrongDirector
Shane GoettleSecretary
Erika KennerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$513,044
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$513,044
Change in Net Assets
$496,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$16,745--$16,745
All Other Expenses$40--$40
Total Functional Expenses$16,785$0$0$16,785
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the full board.”

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

“The Form 990 will be provided to the full board for review and approval prior to filing with the IRS.”

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

“The Conflict of Interest Policy applies to all members of the Board of Directors, board committees, officers, and staff members of the Governor's Heritage Foundation. Each Board member, committee member, officer, and staff member is obligated to disclose any actual or potential conflicts of interest. This includes any financial interest or relationship that might conflict with the best interests of the Foundation or could impair their independent judgment in the course of performing their duties. The Board or an appointed committee shall evaluate all disclosures to determine whether a conflict of interest exists and how it should be managed. If a conflict is determined to exist, the individual must abstain from participating in any discussions or voting on the matter.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Governors Heritage Foundation
EIN
33-1550085
Phone
7012023795
Address
PO Box 572, Mandan, ND 58554

Signing Officer

Name
Jacy Schafer
Title
Executive Director
Phone
7012023795
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Tehven
Formed
2024
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Eide Bailly LLP
Address
4585 Coleman St Ste 200, Bismarck, ND 58503
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Vendor Contracts: Program service expenses 16,745. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,745.”

Raw XML Appendix279 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no committees with the authority to act on behalf of the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 will be provided to the full board for review and approval prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Conflict of Interest Policy applies to all members of the Board of Directors, board committees, officers, and staff members of the Governor's Heritage Foundation. Each Board member, committee member, officer, and staff member is obligated to disclose any actual or potential conflicts of interest. This includes any financial interest or relationship that might conflict with the best interests of the Foundation or could impair their independent judgment in the course of performing their duties. The Board or an appointed committee shall evaluate all disclosures to determine whether a conflict of interest exists and how it should be managed. If a conflict is determined to exist, the individual must abstain from participating in any discussions or voting on the matter.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Vendor Contracts: Program service expenses 16,745. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,745.
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