Civic Intelligence

Moorhead Technical College Foundation Inc

990 • Fiscal year 2020 • EIN 36-3366589

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 09, 2020

Organization ProfileMINNESOTA.EDU/FOUNDATION
1900 28th Ave SMoorhead, MN 56560

(218) 846-3720

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

43rd percentile

3.1%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,016,549

Up $30,807 (+3.1%) from 2019

Net Assets

Up

$1,016,549

Up $30,901 (+3.1%) from 2019

Liabilities

Down

$0

Down $94 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin11th percentile

Revenue

Down

$445,522

Down $74,499 (-14%) from 2019

Expenses

Down

$587,805

Down $191,718 (-25%) from 2019

Net Income

Up

-$142,283

Up $117,219 (+45%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$1.5M$1.0M$500K$0Assets 2014: $256,525Liabilities 2014: $0Net Assets 2014: $256,5252014Assets 2015: $382,973Liabilities 2015: $0Net Assets 2015: $382,9732015Assets 2016: $430,857Liabilities 2016: $0Net Assets 2016: $430,8572016Assets 2019: $985,742Liabilities 2019: $94Net Assets 2019: $985,6482019Assets 2020: $1,016,549Liabilities 2020: $0Net Assets 2020: $1,016,5492020Assets 2021: $1,159,337Liabilities 2021: $0Net Assets 2021: $1,159,3372021Assets 2022: $1,015,063Liabilities 2022: $0Net Assets 2022: $1,015,0632022Assets 2023: $1,048,500Liabilities 2023: $650Net Assets 2023: $1,047,8502023Assets 2024: $1,163,118Liabilities 2024: $3,291Net Assets 2024: $1,159,8272024Assets 2025: $1,205,938Liabilities 2025: $0Net Assets 2025: $1,205,9382025

Highlighted filing

2020

Assets$1,016,549
Liabilities$0
Net Assets$1,016,549
Open 2020 Filing

Operations Trend

Revenue Growth28th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $195,695Expenses 2014: $234,082Net Income 2014: -$38,3872014Revenue 2015: $449,271Expenses 2015: $328,214Net Income 2015: $121,0572015Revenue 2016: $577,308Expenses 2016: $529,424Net Income 2016: $47,8842016Revenue 2019: $520,021Expenses 2019: $779,523Net Income 2019: -$259,5022019Revenue 2020: $445,522Expenses 2020: $587,805Net Income 2020: -$142,2832020Revenue 2021: $333,219Expenses 2021: $427,953Net Income 2021: -$94,7342021Revenue 2022: $522,068Expenses 2022: $672,280Net Income 2022: -$150,2122022Revenue 2023: $467,835Expenses 2023: $453,819Net Income 2023: $14,0162023Revenue 2024: $488,913Expenses 2024: $358,276Net Income 2024: $130,6372024Revenue 2025: $611,120Expenses 2025: $605,204Net Income 2025: $5,9162025

Highlighted filing

2020

Revenue$445,522
Expenses$587,805
Net Income-$142,283
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.1
Gross Receipts
$643,037
Mission and Program Overview

Mission

The m state foundation exists to support the mission of m state by providing financial support to help create a success story for every m state student. Our vision is to create a culture that supports learning by investing in the key priorities that present the greatest impact and growth of opportunities for the students we serve.

Provides financial resources and advocacy for the development and advancement of minnesota state community and technical college - detroit lakes, moorhead, and wadena minnesota campuses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$740,137$767,100▲ $26,963
Cash and Non-Interest-Bearing Accounts$127,455$160,055▲ $32,600
Pledges and Grants Receivable$86,650$68,894▼ $17,756
Accounts Receivable$31,500$20,500▼ $11,000
Total Assets$985,742$1,016,549▲ $30,807
Liabilities
Accounts Payable and Accrued Expenses$94$0▼ $94
Total Liabilities$94$0▼ $94
Net Assets / Fund Balance
Net Assets With Donor Restrictions$760,347$884,962▲ $124,615
Net Assets Without Donor Restrictions$225,301$131,587▼ $93,714
Total Net Assets Fund Balance$985,648$1,016,549▲ $30,901
Total Liabilities and Net Assets / Fund Balance$985,742$1,016,549▲ $30,807

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$500,181$10,581▲ $26,893-$458,413
2018$453,148$23,186▲ $31,446-$500,180
2017$207,081$227,955▲ $21,612-$453,148
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Nick LeonardBoard President
Dr Carrie BrimhallCollege President
Ashley McnallyVice President
Anthony StensgardDirector
Chad MillerDirector
Curt KasperDirector
Jill BrandtDirector
Josh AstrupDirector
Nancy VyskocilDirector
Ron MuellerDirector
Melvin Whitney JrFoundation Director
Laura BoreenSecretary
Shelley FinneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$428,580
Program Service Revenue
$0
Investment Income
$14,442
Other Revenue
$2,500
All Other Contributions
$428,580
Change in Net Assets
$-142,283

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 Table33$285,789Fair Market Value (FMV)
Total Noncash Contributions33$285,789-

Audited Revenue Reconciliation

Revenue per Audited Statements
$445,522
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$173,184
Total Revenue per Audited Statements
$618,706
Total Revenue per Form 990
$445,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$396,699
Salaries, Compensation, and Employee Benefits$144,085
Other Expenses$47,021
Total Fundraising Expense$17,564
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$396,699--$396,699
Other Salaries and Wages$83,939$10,492$10,492$104,923
Other Employee Benefits$25,186$3,148$3,148$31,482
Fees for Services Legal-$11,318-$11,318
Payroll Taxes$6,144$768$768$7,680
All Other Expenses$1,181$551$880$2,612
Travel-$2,586-$2,586
Other Expenses$2,250$1,483$2,276$1,483
Advertising-$725-$725
Office Expenses-$652-$652
Insurance-$555-$555
Conferences and Meetings-$382-$382
Fees for Services Other-$200-$200
Total Functional Expenses$533,605$36,636$17,564$587,805

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$587,805
Total Expenses per Audited Statements$587,805
Total Expenses per Form 990$587,805
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
No
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 B, Line 11B

“The entire board will be sent a copy of the 990 prior to filing. The board executive committee will review and approve the 990 prior to filing.”

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

“All board members completed a conflict of interest form to disclose interests that could give rise to conflicts. A compilation of all board members' potential conflicts was made and distributed to all board members to enable monitoring of conflicts of interest throughout the year. Board members followed appropriate conflict of interest procedures as outlined in board policy 1.1 of the foundation.”

Form 990, Part VI, Section C, Line 18

“No documents available to the public.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
M State Foundation and Alumni
EIN
36-3366589
Phone
2188463720
Address
1900 28TH AVE S, MOORHEAD, MN 56560

Signing Officer

Name
Shelley Finney
Title
Director
Phone
2188463720
Signed
2020-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelley Finney
Formed
1991
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Widmer Roel Pc
Address
4334 18TH AVE S SUITE 101, FARGO, ND 58103-7414
Preparer
Tracee S Buethner CPA
Phone
7012376022
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from payment of federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. The foundation is required to record a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. As of june 30, 2020 and 2019, no such liability existed. Management will continually evaluate expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings.”

Raw XML AppendixShowing 400 of 479 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/TitleTxt1DIRECTOR
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03148
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025186
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031482
IRS990/OtherExpensesGrp/Desc0TECHNOLOGY
IRS990/OtherExpensesGrp/Desc1CAMPUS DEVELOPMENT EXPE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt02276
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02276
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21483
IRS990/OtherExpensesGrp/ProgramServicesAmt018206
IRS990/OtherExpensesGrp/ProgramServicesAmt12250
IRS990/OtherExpensesGrp/TotalAmt022758
IRS990/OtherExpensesGrp/TotalAmt12250
IRS990/OtherExpensesGrp/TotalAmt21500
IRS990/OtherExpensesGrp/TotalAmt31483
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC. REVENUE-EXCLUDED
IRS990/OtherRevenueMiscGrp/ExclusionAmt02500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02500
IRS990/OtherRevenueTotalAmt02500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010492
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010492
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt083939
IRS990/OtherSalariesAndWagesGrp/TotalAmt0104923
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0768
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0768
IRS990/PayrollTaxesGrp/ProgramServicesAmt06144
IRS990/PayrollTaxesGrp/TotalAmt07680
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt086650
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt068894
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHELLEY FINNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0710929
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0502650
IRS990/PYInvestmentIncomeAmt024241
IRS990/PYOtherExpensesAmt071627
IRS990/PYOtherRevenueAmt02868
IRS990/PYProgramServiceRevenueAmt0548
IRS990/PYRevenuesLessExpensesAmt0-40938
IRS990/PYSalariesCompEmpBnftPaidAmt0205247
IRS990/PYTotalExpensesAmt0779524
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0738586
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-142283
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0576700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0428581
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0710929
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0643547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0520202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0293819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02597078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018811
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0206
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt044936
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0548
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98210
IRS990ScheduleA/PublicSupportPY170Pct00.98660
IRS990ScheduleA/PublicSupportTotal170Amt02597078
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0428581
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0710929
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0643547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0520202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0293819
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02597078
IRS990ScheduleA/TotalSupportAmt02644514
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.63000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0500181
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt010581
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0458413
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt079242
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt026893
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0453148
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt023186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0500180
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt07600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031446
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0207081
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0227955
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0453148
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt03500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021612
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0148120
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0587805
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt025064
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.37000
IRS990ScheduleD/RevenueNotReportedAmt0173184
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0445522
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM PAYMENT OF FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF JUNE 30, 2020 AND 2019, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0587805
IRS990ScheduleD/TotalRevenuePerForm990Amt0445522
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0618706
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0587805
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0115200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS & GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0109
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt033
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0VARIOUS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0285789
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTIRE BOARD WILL BE SENT A COPY OF THE 990 PRIOR TO FILING. THE BOARD EXECUTIVE COMMITTEE WILL REVIEW AND APPROVE THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS COMPLETED A CONFLICT OF INTEREST FORM TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. A COMPILATION OF ALL BOARD MEMBERS' POTENTIAL CONFLICTS WAS MADE AND DISTRIBUTED TO ALL BOARD MEMBERS TO ENABLE MONITORING OF CONFLICTS OF INTEREST THROUGHOUT THE YEAR. BOARD MEMBERS FOLLOWED APPROPRIATE CONFLICT OF INTEREST PROCEDURES AS OUTLINED IN BOARD POLICY 1.1 OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,016,549
Liabilities
$0
Net assets
$1,016,549
Revenue
$445,522
Expenses
$587,805
Net income
-$142,283
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.61$0.61$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.49$0.36$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.47$0.45$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.52$0.67$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.33$0.43$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.45$0.59$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.52$0.78$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.58$0.53$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.45$0.33$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.20$0.23$0.04