Civic Intelligence

Ndsu Research Foundation

990 • Fiscal year 2022 • EIN 36-3667912

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 08, 2022

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

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

25th percentile

-0.3%

Higher net margin than 25% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

94th percentile

$395,926

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 23.0% of source-year revenue.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

14th percentile

-11%

Faster asset growth than 14% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-9.0%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$10,759,749

Down $1,393,929 (-11%) from 2021

Net Assets

Down

$10,742,360

Down $1,407,397 (-12%) from 2021

Liabilities

Up

$17,389

Up $13,468 (+343%) from 2021

Revenue

Down

$1,725,085

Down $171,363 (-9.0%) from 2021

Expenses

Down

$1,730,879

Down $250,869 (-13%) from 2021

Net Income

Up

-$5,794

Up $79,506 (+93%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$10,759,749
Liabilities$17,389
Net Assets$10,742,360

Operations Trend

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

2022

Revenue$1,725,085
Expenses$1,730,879
Net Income-$5,794
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$2,720,756
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$11,828,678$10,474,945▼ $1,353,733
Savings and Temporary Cash Investments$317,314$274,946▼ $42,368
Prepaid Expenses and Deferred Charges$7,686$9,858▲ $2,172
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$12,153,678$10,759,749▼ $1,393,929
Liabilities
Accounts Payable and Accrued Expenses$3,921$17,389▲ $13,468
Total Liabilities$3,921$17,389▲ $13,468
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,149,757$10,742,360▼ $1,407,397
Total Net Assets Fund Balance$12,149,757$10,742,360▼ $1,407,397
Total Liabilities and Net Assets / Fund Balance$12,153,678$10,759,749▼ $1,393,929

Asset Categories

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

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$11,828,678$26,587▼ $1,233,283-$10,474,945
2020$8,739,136$372,515▲ $3,047,027-$11,828,678
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
Compensation and Service Providers

Employees

NameTitleOtherTotal
Colleen FitzgeraldDirector Started Jan 2022$81,241$81,241

Board Members and Trustees

NameTitle
Dean BrescianiPresident Left April 2022
David CookPresident Started May 2022
James BrotenDirector
Katie HasbargenDirector
Margaret FitzgeraldDirector
Mark BirdsallDirector
Michael KesslerDirector
Rodney HoweDirector
Joel HoneymanDirector Left May 2022
Randall HermanDirector Left May 2022
Stephen HerrmannDirector Left May 2022
Jolynne TschetterExecutive Director Left Apr 2022
Joycelyn LuckeInterim Director Started Apr 2022
Greg LardySecretary/director January 2022
Richard RaylVP/director January 2022
Jane SchuhTreasurer Left January 2022
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$168,320
Other Revenue
$1,556,765
Change in Net Assets
$-5,794

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,713,376
Revenue Not Reported on Financial Statements
$11,709
Revenue Not Reported on Form 990
$-1,389,894
Total Revenue per Audited Statements
$323,482
Total Revenue per Form 990
$1,725,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,140,729
Other Expenses$388,150
Salaries, Compensation, and Employee Benefits$202,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,140,729--$1,140,729
Fees for Services Legal$292,845--$292,845
Other Salaries and Wages$124,666$31,167-$155,833
Current Officers, Directors, Trustees, and Key Employees$36,934$9,233-$46,167
Fees for Services Accounting-$19,776-$19,776
Information Technology$17,325--$17,325
Occupancy$4,451$1,113-$5,564
Insurance-$4,550-$4,550
Office Expenses$1,990$498-$2,488
Travel$647$162-$809
Conferences and Meetings$281$70-$351
Other Expenses$31$8-$39
Total Functional Expenses$1,655,834$75,045$0$1,730,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,730,879
Total Expenses per Audited Statements$1,730,879
Total Expenses per Form 990$1,730,879
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
North Dakota State UniversityFargo, NDGovernmentResearch Expenses$1,140,729
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
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
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
David Cook
Title
President
Phone
7012316743
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Cook
Formed
1989
Legal Domicile
Nd
Voting Board Members
10
Independent Board Members
6
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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT LEFT APRIL 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER LEFT JANUARY 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR LEFT MAY 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR LEFT MAY 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP/DIRECTOR JANUARY 2022
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY/DIRECTOR JANUARY 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT STARTED MAY 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR STARTED JAN 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR LEFT APR 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM DIRECTOR STARTED APR 2022
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-8795
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt01140729
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01140729
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01140729
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0986876
IRS990/GrossReceiptsAmt02720756
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt017325
IRS990/InformationTechnologyGrp/TotalAmt017325
IRS990/InsuranceGrp/ManagementAndGeneralAmt04550
IRS990/InsuranceGrp/TotalAmt04550
IRS990/InvestmentExpenseAmt0-11709
IRS990/InvestmentIncomeGrp/ExclusionAmt0177115
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0177115
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011828678
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010474945
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019340
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt019340
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0995671
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/NetAssetsOrFundBalancesBOYAmt012149757
IRS990/NetAssetsOrFundBalancesEOYAmt010742360
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8795
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8795
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1389894
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012149757
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010742360
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01113
IRS990/OccupancyGrp/ProgramServicesAmt04451
IRS990/OccupancyGrp/TotalAmt05564
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0498
IRS990/OfficeExpensesGrp/ProgramServicesAmt01990
IRS990/OfficeExpensesGrp/TotalAmt02488
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS/MEMBERSHI
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3MEAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07191
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11067
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2210
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38
IRS990/OtherExpensesGrp/ProgramServicesAmt035935
IRS990/OtherExpensesGrp/ProgramServicesAmt131
IRS990/OtherExpensesGrp/TotalAmt043126
IRS990/OtherExpensesGrp/TotalAmt11067
IRS990/OtherExpensesGrp/TotalAmt2210
IRS990/OtherExpensesGrp/TotalAmt339
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031167
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0124666
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155833
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07686
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09858
IRS990/PrincipalOfficerNm0DAVID COOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0249796
IRS990/PYOtherExpensesAmt01764485
IRS990/PYOtherRevenueAmt01646652
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-85300
IRS990/PYSalariesCompEmpBnftPaidAmt0217263
IRS990/PYTotalExpensesAmt01981748
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01896448
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5794
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01556765
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01556765
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0317314
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0274946
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/SupportAmt01348293
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORTH DAKOTA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01348293
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0147037
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011828678
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt026587
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010474945
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1233283
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0330000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08739136
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0372515
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011828678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03047027
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0386600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt08499795
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt058995
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08739136
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0566946
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0512599
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08233657
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050592
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt08499795
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0728145
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0284110
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt07421057
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0184452
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08233657
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0912258
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019340
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019340
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01730879
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncldAmt011709
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1389894
IRS990ScheduleD/RevenueNotReportedAmt0-1389894
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011709
IRS990ScheduleD/RevenueSubtotalAmt01713376
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.

Document Assets

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Filings

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