Civic Intelligence

Energy and Environmental Research Center Foundation

990 • Fiscal year 2018 • EIN 36-3842479

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

Organization Profilewww.eercfoundation.org
15 N 23rd St Stop 9017Grand Forks, ND 58202-9017

(701) 777-5000

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.07x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

28%

Higher net margin than 64% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

$3,100,850

No earlier filing loaded for comparison.

Net Assets

$3,087,472

No earlier filing loaded for comparison.

Liabilities

$13,378

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin64th percentile

Revenue

$188,378

No earlier filing loaded for comparison.

Expenses

$136,469

No earlier filing loaded for comparison.

Net Income

$51,909

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $3,100,850Liabilities 2018: $13,378Net Assets 2018: $3,087,4722018Assets 2019: $3,149,533Liabilities 2019: $22,919Net Assets 2019: $3,126,6142019Assets 2020: $3,121,481Liabilities 2020: $25,904Net Assets 2020: $3,095,5772020Assets 2021: $4,366,303Liabilities 2021: $18,189Net Assets 2021: $4,348,1142021Assets 2022: $6,183,269Liabilities 2022: $2,661,980Net Assets 2022: $3,521,2892022Assets 2023: $7,336,685Liabilities 2023: $2,517,746Net Assets 2023: $4,818,9392023Assets 2024: $7,610,271Liabilities 2024: $1,945,058Net Assets 2024: $5,665,2132024

Highlighted filing

2018

Assets$3,100,850
Liabilities$13,378
Net Assets$3,087,472
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2018: $188,378Expenses 2018: $136,469Net Income 2018: $51,9092018Revenue 2019: $66,743Expenses 2019: $148,358Net Income 2019: -$81,6152019Revenue 2020: $47,237Expenses 2020: $231,962Net Income 2020: -$184,7252020Revenue 2021: $188,148Expenses 2021: $203,756Net Income 2021: -$15,6082021Revenue 2022: $5,603,143Expenses 2022: $5,909,913Net Income 2022: -$306,7702022Revenue 2023: $9,930,088Expenses 2023: $8,698,518Net Income 2023: $1,231,5702023Revenue 2024: $7,886,097Expenses 2024: $7,425,414Net Income 2024: $460,6832024

Highlighted filing

2018

Revenue$188,378
Expenses$136,469
Net Income$51,909
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$283,993
Mission and Program Overview

Mission

To promote, encourage, and foster the education and training services, scientific investigations, technology development, technology commercialization, and other related services of UND's Energy & Environmental Research Center, Grand Forks, North Dakota.

Advancing University of North Dakota EERC technology to the marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$1,895,809-
Intangible Assets$641,489$805,702▲ $164,213
Cash and Non-Interest-Bearing Accounts$450,991--
Investments Program Related$510,039$267,372▼ $242,667
Inventories for Sale or Use-$94,151-
Savings and Temporary Cash Investments$2,512,908$37,316▼ $2,475,592
Accounts Receivable$32,208$500▼ $31,708
Total Assets$4,147,635$3,100,850▼ $1,046,785
Liabilities
Grants Payable$14,208--
Accounts Payable and Accrued Expenses$862,545$13,378▼ $849,167
Total Liabilities$876,753$13,378▼ $863,375
Net Assets / Fund Balance
Unrestricted Net Assets$3,270,882$3,087,472▼ $183,410
Total Net Assets Fund Balance$3,270,882$3,087,472▼ $183,410
Total Liabilities and Net Assets / Fund Balance$4,147,635$3,100,850▼ $1,046,785

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$267,372--
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Ron NessPresident
David StraleyVice President
Chuck McConnellMember
Deanna Carlson ZinkMember
Jeff HumeMember
Mark JohnsrudMember
Robert McLennanMember
Josh KlugSecretary/Treasurer
John SnustadTreasurer (thru May 11, 2018)

Highest Paid Contractors

ContractorServicesLocationCompensation
Schwegman Lundberg WoesnerLegal - intellectual property121 S 8th Street, Minneapolis, MN 55402$204,847
Revenue and Support

Revenue Composition

Contributions and Grants
$120,554
Program Service Revenue
$23,792
Investment Income
$44,032
Other Revenue
$0
All Other Contributions
$120,554
Change in Net Assets
$51,909

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$80,555Fair Market Value (FMV)
Total Noncash Contributions1$80,555-

Audited Revenue Reconciliation

Revenue per Audited Statements
$188,378
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-235,319
Total Revenue per Audited Statements
$-46,941
Total Revenue per Form 990
$188,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,535
Grants and Similar Amounts Paid$26,934
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$35,550--$35,550
Grants to Domestic Orgs$26,934--$26,934
Fees for Services Other-$23,737-$23,737
Fees for Services Legal-$7,608-$7,608
Insurance-$3,672-$3,672
Office Expenses-$1,488-$1,488
Other Expenses$10,265$1,171-$1,171
Occupancy$805--$805
All Other Expenses$4$82-$86
Total Functional Expenses$98,711$37,758$0$136,469

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$136,469
Total Expenses per Audited Statements$136,469
Total Expenses per Form 990$136,469
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
UND Energy & Environmental Research CenterGrand Forks, NDUndIP Commercialization$26,934
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

“The duly elected officers of the organization who are members of the Board of Directors of the organization constitute the Executive Committee and are able to conduct business on behalf of the Board of Directors when appropriate.”

Form 990, Part VI, Section A, line 4

“The bylaws were amended to increase the number of board members by one.”

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

“The Form 990 is reviewed by the Treasurer and presented to the board at the spring board meeting.”

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

“An interested person is required to disclose a conflict of interest. The Executive Committee determines if a conflict exists and develops an appropriate mitigation plan. Individuals with conflicts will recuse themselves from voting on issues on which they have a conflict.”

Form 990, Part VI, Section C, line 19

“Financial statements are publicly disclosed through the North Dakota University System. Governing policy and COI documents are not publicly distributed unless requested. Per the Foundation relationship agreement with the University of North Dakota, portions of these would be publicly available.”

Filing and Contact Details

Filer

Filer Name
Energy & Environmental Research Center
EIN
36-3842479
Phone
7017775000
Address
15 N 23rd St Stop 9017, Grand Forks, ND 58202-9017
Doing Business As
Eerc

Signing Officer

Name
Josh Klug
Title
Treasurer
Phone
7017775000
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Ness
Formed
1992
Legal Domicile
Nd
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
12

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consulting Fees: Program service expenses 0. Management and general expenses 12,817. Fundraising expenses 0. Total expenses 12,817. Other Operating Fees: Program service expenses 0. Management and general expenses 919. Fundraising expenses 0. Total expenses 919. Bank Fees: Program service expenses 0. Management and general expenses 10,001. Fundraising expenses 0. Total expenses 10,001.”

Financial Statement Notes

Part X, Line 2:

“The Foundation is organized as a North Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3), qualifies for the charitable contributions deduction under Section 170(b)(1)(A)(vi), and has been determined not to be a private foundation under Section 509(a)(1). The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization business income Tax Return (Form 990-T) with the IRS. The Foundation believes that it has appropriate support for any tax position taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

Raw XML AppendixShowing 400 of 459 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/Desc0The EERC Foundation provides a dedicated infrastructure to support commercialization activities and houses the rights to technologies developed by the EERC. Through two decades of experience meeting a wide variety of unique client needs,the EERC Foundation has developed highly flexible and innovative approaches to a variety of business arrangements. These include tailored licensing and equity agreements that support the client's achieving a competitive edge. (Continued on Schedule O)The EERC and its partner, the EERC Foundation, are committed to commercialization. Spin-off businesses and high-tech and manufacturing jobs that pay well are some of the many fruits of successful commercialization efforts. The potential benefits of effective commercialization of EERC-developed technologies are enormous. Commercialization also secures work at the EERC through development contracts as well as by providing funding to assist in the development of commercially viable technology. The EERC Foundation investing cash in the EERC creates a virtuous cycle of economic growth. Equally important is the EERC Foundation's role in providing incentives for innovative work at the EERC. Under the State Board of Higher Education policy, inventors in a commercialized technology receive at least 30% of the net commercialization income. In essence, the EERC Foundation supports the EERC market-driven business model of a timely and seamless transition between the creation of the technology and its commercialization that leads to economic development. The EERC Foundation acts as the EERC's "commercialization catalyst." As of fiscal yearend June 30, 2018, the EERC Foundation has 13 active, issued US patents and 8 patents pending.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023028
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt040937
IRS990/PYInvestmentIncomeAmt02097863
IRS990/PYOtherExpensesAmt01403050
IRS990/PYOtherRevenueAmt01075906
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01729782
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01443987
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03173769
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt051909
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt023792
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02512908
IRS990/SavingsAndTempCashInvstGrp/EOYAmt037316
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income - 2014 Amount: $ 10,592. 2015 Amount: $ 40,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0120554
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01075906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0454055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0437473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01115850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03203838
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026565
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026565
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt023792
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010592
IRS990ScheduleA/OtherIncome170Grp/TotalAmt050592
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97190
IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt03188904
IRS990ScheduleA/SubstantialContributorsTotAmt014934
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0120554
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01075906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0454055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0437473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01115850
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03203838
IRS990ScheduleA/TotalSupportAmt03280995
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0136469
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0267372
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Program Related Investments
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-235319
IRS990ScheduleD/RevenueNotReportedAmt0-235319
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0188378
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is organized as a North Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3), qualifies for the charitable contributions deduction under Section 170(b)(1)(A)(vi), and has been determined not to be a private foundation under Section 509(a)(1). The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization business income Tax Return (Form 990-T) with the IRS. The Foundation believes that it has appropriate support for any tax position taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0267372
IRS990ScheduleD/TotalExpensesPerForm990Amt0136469
IRS990ScheduleD/TotalRevenuePerForm990Amt0188378
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-46941
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0136469
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt026934
IRS990ScheduleI/RecipientTable/IRCSectionDesc0UND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0IP Commercialization
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UND Energy & Environmental Research Center
IRS990ScheduleI/RecipientTable/RecipientEIN0466002491
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt015 North 23rd Street Stop 9018
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Grand Forks
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0582029018
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The allocation is to the University of North Dakota Energy & Environmental Research Center (EERC). This is the single allocation made by this Foundation. The EERC reports on commercialization efforts at each Foundation board meeting.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Equipment held for sale and inventory
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt080555
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The duly elected officers of the organization who are members of the Board of Directors of the organization constitute the Executive Committee and are able to conduct business on behalf of the Board of Directors when appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The bylaws were amended to increase the number of board members by one.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed by the Treasurer and presented to the board at the spring board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An interested person is required to disclose a conflict of interest. The Executive Committee determines if a conflict exists and develops an appropriate mitigation plan. Individuals with conflicts will recuse themselves from voting on issues on which they have a conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Financial statements are publicly disclosed through the North Dakota University System. Governing policy and COI documents are not publicly distributed unless requested. Per the Foundation relationship agreement with the University of North Dakota, portions of these would be publicly available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consulting Fees: Program service expenses 0. Management and general expenses 12,817. Fundraising expenses 0. Total expenses 12,817. Other Operating Fees: Program service expenses 0. Management and general expenses 919. Fundraising expenses 0. Total expenses 919. Bank Fees: Program service expenses 0. Management and general expenses 10,001. Fundraising expenses 0. Total expenses 10,001.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0EERC Foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1EERC Foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Fdtn Holding Agrebon LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1Fdtn Holding Mercury Control LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0383915003
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1383922262
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0330
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt12163511
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1ND
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Holding Company
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Holding Company
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt015 N 23rd St Stop 9017
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt115 N 23rd St Stop 9017
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Grand Forks
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1Grand Forks
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1ND
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd0582029017
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd1582029017
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04147635
IRS990/TotalAssetsEOYAmt03100850
IRS990/TotalAssetsGrp/BOYAmt04147635
IRS990/TotalAssetsGrp/EOYAmt03100850
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0120554
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037758
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098711
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136469
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0876753
IRS990/TotalLiabilitiesEOYAmt013378
IRS990/TotalLiabilitiesGrp/BOYAmt0876753
IRS990/TotalLiabilitiesGrp/EOYAmt013378
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03270882
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03087472
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0764
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0764
IRS990/TotalProgramServiceExpensesAmt098711
IRS990/TotalProgramServiceRevenueAmt023792

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,100,850
Liabilities
$13,378
Net assets
$3,087,472
Revenue
$188,378
Expenses
$136,469
Net income
$51,909
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.61$1.95$5.67$7.89$7.43$0.46
2023Detailed filing. Detailed filing data is available for this year.$7.34$2.52$4.82$9.93$8.70$1.23
2022Detailed filing. Detailed filing data is available for this year.$6.18$2.66$3.52$5.60$5.91$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$0.02$4.35$0.19$0.20$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.12$0.03$3.10$0.05$0.23$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.15$0.02$3.13$0.07$0.15$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.10$0.01$3.09$0.19$0.14$0.05