Civic Intelligence

Ndsu Research Foundation

990 • Fiscal year 2020 • EIN 36-3667912

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 13, 2020

Organization ProfileWWW.NDSURESEARCHFOUNDATION.ORG
1735 Ndsu Research Park Dr Dpt 4400Fargo, ND 58108-6050

(701) 231-6743

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Net Margin

42nd percentile

1.2%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$416,395

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Asset Growth

40th percentile

4.8%

Faster asset growth than 40% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

73%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$9,441,901

Up $431,973 (+4.8%) from 2019

Net Assets

Up

$9,437,826

Up $437,777 (+4.9%) from 2019

Liabilities

Down

$4,075

Down $5,804 (-59%) from 2019

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin42nd percentile

Revenue

Up

$2,478,133

Up $1,043,234 (+73%) from 2019

Expenses

Up

$2,448,233

Up $778,134 (+47%) from 2019

Net Income

Up

$29,900

Up $265,100 (+113%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$15M$10M$5.0M$0Assets 2011: $5,710,186Liabilities 2011: $2,159,135Net Assets 2011: $3,551,0512011Assets 2012: $3,774,965Liabilities 2012: $93,756Net Assets 2012: $3,681,2092012Assets 2013: $5,002,086Liabilities 2013: $32,953Net Assets 2013: $4,969,1332013Assets 2014: $6,088,746Liabilities 2014: $51,939Net Assets 2014: $6,036,8072014Assets 2015: $6,949,476Liabilities 2015: $28,412Net Assets 2015: $6,921,0642015Assets 2016: $7,335,812Liabilities 2016: $28,448Net Assets 2016: $7,307,3642016Assets 2017: $7,999,836Liabilities 2017: $34,046Net Assets 2017: $7,965,7902017Assets 2018: $8,758,633Liabilities 2018: $57,602Net Assets 2018: $8,701,0312018Assets 2019: $9,009,928Liabilities 2019: $9,879Net Assets 2019: $9,000,0492019Assets 2020: $9,441,901Liabilities 2020: $4,075Net Assets 2020: $9,437,8262020Assets 2021: $12,153,678Liabilities 2021: $3,921Net Assets 2021: $12,149,7572021Assets 2022: $10,759,749Liabilities 2022: $17,389Net Assets 2022: $10,742,3602022Assets 2023: $12,173,879Liabilities 2023: $24,268Net Assets 2023: $12,149,6112023Assets 2024: $13,567,989Liabilities 2024: $35,634Net Assets 2024: $13,532,3552024Assets 2025: $14,315,083Liabilities 2025: $3,653Net Assets 2025: $14,311,4302025

Highlighted filing

2020

Assets$9,441,901
Liabilities$4,075
Net Assets$9,437,826
Open 2020 Filing

Operations Trend

Revenue Growth93rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,077,4092011Expenses 2012: $2,152,3062012Expenses 2013: $2,087,8422013Revenue 2014: $2,239,069Expenses 2014: $2,003,064Net Income 2014: $236,0052014Revenue 2015: $2,701,248Expenses 2015: $2,037,793Net Income 2015: $663,4552015Revenue 2016: $2,898,959Expenses 2016: $2,581,125Net Income 2016: $317,8342016Revenue 2017: $2,095,013Expenses 2017: $2,334,934Net Income 2017: -$239,9212017Revenue 2018: $1,664,451Expenses 2018: $1,678,288Net Income 2018: -$13,8372018Revenue 2019: $1,434,899Expenses 2019: $1,670,099Net Income 2019: -$235,2002019Revenue 2020: $2,478,133Expenses 2020: $2,448,233Net Income 2020: $29,9002020Revenue 2021: $1,896,448Expenses 2021: $1,981,748Net Income 2021: -$85,3002021Revenue 2022: $1,725,085Expenses 2022: $1,730,879Net Income 2022: -$5,7942022Revenue 2023: $1,454,971Expenses 2023: $1,581,681Net Income 2023: -$126,7102023Revenue 2024: $1,514,857Expenses 2024: $2,270,610Net Income 2024: -$755,7532024Revenue 2025: $1,727,038Expenses 2025: $2,249,314Net Income 2025: -$522,2762025

Highlighted filing

2020

Revenue$2,478,133
Expenses$2,448,233
Net Income$29,900
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$3,378,188
Mission and Program Overview

Mission

To assist ndsu in teaching, research and public service projects.

To assist north dakota state university in teaching, research, and public service projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,499,795$8,739,136▲ $239,341
Savings and Temporary Cash Investments$501,593$693,544▲ $191,951
Prepaid Expenses and Deferred Charges$8,540$9,221▲ $681
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$9,009,928$9,441,901▲ $431,973
Liabilities
Accounts Payable and Accrued Expenses$9,879$4,075▼ $5,804
Total Liabilities$9,879$4,075▼ $5,804
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,000,049$9,437,826▲ $437,777
Total Net Assets Fund Balance$9,000,049$9,437,826▲ $437,777
Total Liabilities and Net Assets / Fund Balance$9,009,928$9,441,901▲ $431,973

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$19,340$19,340

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,499,795$58,995▲ $566,946-$8,739,136
2018$8,233,657$50,592▲ $728,145-$8,499,795
2017$7,421,057$184,452▲ $912,258-$8,233,657
2016$6,707,527$263,311▲ $1,036,960-$7,421,057
2015$6,541,572$387,043▲ $185,180-$6,707,527
Compensation and Service Providers
Top Officer Pay96th percentile

Board Members and Trustees

NameTitle
Dean BrescianiPresident
Richard RaylVice President
James BrotenDirector
Joel HoneymanDirector
Katie HasbargenDirector
Margaret FitzgeraldDirector
Mark BirdsallDirector
Michael KesslerDirector
Randall HermanDirector
Rodney HoweDirector
Stephen HerrmannDirector
Jolynne TschetterExecutive Director
Greg LardySecretary (current)
Ken GraftonSecretary - Left December 2019
Jane SchuhTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$159,069
Other Revenue
$2,319,064
Change in Net Assets
$29,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,478,133
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$407,877
Total Revenue per Audited Statements
$2,886,010
Total Revenue per Form 990
$2,478,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,326,680
Salaries, Compensation, and Employee Benefits$121,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Royalties$1,949,763--$1,949,763
Fees for Services Legal$225,566--$225,566
Current Officers, Directors, Trustees, and Key Employees$72,275$18,069-$90,344
Other Salaries and Wages$24,967$6,242-$31,209
Fees for Services Accounting-$16,997-$16,997
Fees for Service Investment Mgmnt Fees-$9,720-$9,720
Other Expenses$76,370$7,990-$7,990
Information Technology$6,345--$6,345
Occupancy$4,451$1,113-$5,564
Insurance-$4,385-$4,385
Travel$2,019$505-$2,524
Office Expenses$1,800$448-$2,248
Conferences and Meetings$92$23-$115
Total Functional Expenses$2,363,648$84,585$0$2,448,233

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,448,233
Total Expenses per Audited Statements$2,448,233
Total Expenses per Form 990$2,448,233
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
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 B, Line 11B

“Upon completion by the agency's independent auditor, a draft copy of the form 990 is submitted to the board of directors for their review, comments, and approval before filing with irs.”

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

“The board of directors monitor board members and north dakota state univeristy's employees' compliance with north dakota state university's conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The ndsu research foundation makes its organizational documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Ndsu Research Foundation
EIN
36-3667912
Phone
7012316743
Address
1735 NDSU RESEARCH PARK DR DPT 4400, FARGO, ND 58108-6050

Signing Officer

Name
Dean Bresciani
Title
President
Phone
7012316743
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jolynne Tschetter
Formed
1989
Legal Domicile
Nd
Voting Board Members
13
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Brady Martz & Associates Pc
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“It is in the opinion of management that the foundation has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the foundation are subject to examination by the irs, generally for three years after they were filed. All tax filings are up-to-date.”

PART V, LINE 4:

“To assist north dakota state university in teaching, research, and public service projects.”

Raw XML AppendixShowing 400 of 641 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/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY - LEFT DECEMBER 2019
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
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IRS990/InsuranceGrp/TotalAmt04385
IRS990/InvestmentIncomeGrp/ExclusionAmt0167144
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0167144
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08499795
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08739136
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019340
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt019340
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0900055
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST NORTH DAKOTA STATE UNIVERSITY IN TEACHING, RESEARCH AND PUBLIC SERVICE PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09000049
IRS990/NetAssetsOrFundBalancesEOYAmt09437826
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8075
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8075
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0407877
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09000049
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09437826
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01113
IRS990/OccupancyGrp/ProgramServicesAmt04451
IRS990/OccupancyGrp/TotalAmt05564
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0448
IRS990/OfficeExpensesGrp/ProgramServicesAmt01800
IRS990/OfficeExpensesGrp/TotalAmt02248
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS/MEMBERSHI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17990
IRS990/OtherExpensesGrp/ProgramServicesAmt076370
IRS990/OtherExpensesGrp/TotalAmt095463
IRS990/OtherExpensesGrp/TotalAmt17990
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06242
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024967
IRS990/OtherSalariesAndWagesGrp/TotalAmt031209
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09221
IRS990/PrincipalOfficerNm0JOLYNNE TSCHETTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0198117
IRS990/PYOtherExpensesAmt01578022
IRS990/PYOtherRevenueAmt01236782
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-235200
IRS990/PYSalariesCompEmpBnftPaidAmt092077
IRS990/PYTotalExpensesAmt01670099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01434899
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt029900
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/ProgramServicesAmt01949763
IRS990/RoyaltiesGrp/TotalAmt01949763
IRS990/RoyaltiesRevenueGrp/ExclusionAmt02319064
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02319064
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0501593
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0693544
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0456002439
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01692411
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORTH DAKOTA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01692411
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0386600
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08499795
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt058995
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08739136
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0566946
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0512599
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08233657
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt050592
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08499795
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0728145
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0284110
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07421057
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0184452
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08233657
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0912258
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0586741
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06707527
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0263311
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07421057
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01036960
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0406268
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06541572
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0387043
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06707527
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0185180
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019340
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019340
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02448233
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0407877
IRS990ScheduleD/RevenueNotReportedAmt0407877
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02478133
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS IN THE OPINION OF MANAGEMENT THAT THE FOUNDATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL TAX FILINGS ARE UP-TO-DATE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TO ASSIST NORTH DAKOTA STATE UNIVERSITY IN TEACHING, RESEARCH, AND PUBLIC SERVICE PROJECTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02448233
IRS990ScheduleD/TotalRevenuePerForm990Amt02478133
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02886010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02448233
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,441,901
Liabilities
$4,075
Net assets
$9,437,826
Revenue
$2,478,133
Expenses
$2,448,233
Net income
$29,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.00$14.3$1.73$2.25$0.52
2024Detailed filing. Detailed filing data is available for this year.$13.6$0.04$13.5$1.51$2.27$0.76
2023Detailed filing. Detailed filing data is available for this year.$12.2$0.02$12.1$1.45$1.58$0.13
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.02$10.7$1.73$1.73$0.01
2021Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.1$1.90$1.98$0.09
2020Detailed filing. Detailed filing data is available for this year.$9.44$0.00$9.44$2.48$2.45$0.03
2019Detailed filing. Detailed filing data is available for this year.$9.01$0.01$9.00$1.43$1.67$0.24
2018Detailed filing. Detailed filing data is available for this year.$8.76$0.06$8.70$1.66$1.68$0.01
2017Detailed filing. Detailed filing data is available for this year.$8.00$0.03$7.97$2.10$2.33$0.24
2016Detailed filing. Detailed filing data is available for this year.$7.34$0.03$7.31$2.90$2.58$0.32
2015Detailed filing. Detailed filing data is available for this year.$6.95$0.03$6.92$2.70$2.04$0.66
2014Detailed filing. Detailed filing data is available for this year.$6.09$0.05$6.04$2.24$2.00$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.03$4.97$2.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.09$3.68$2.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$2.16$3.55$2.08