Civic Intelligence

Ridgewater College Foundation

990 • Fiscal year 2016 • EIN 41-1847315

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 14, 2016

Organization ProfileWWW.RIDGEWATER.MNSCU.EDU
2101 15th Ave NW PO Box 1097Willmar, MN 56201

(320) 222-6095

Siviq Scores

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

Liabilities / Assets

49th percentile

0.09x

Higher debt load relative to assets than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

23rd percentile

-9.1%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

14th percentile

-8.8%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-3.1%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$2,365,687

Down $227,167 (-8.8%) from 2015

Net Assets

Down

$2,150,861

Down $212,123 (-9.0%) from 2015

Liabilities

Down

$214,826

Down $15,044 (-6.5%) from 2015

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin23rd percentile

Revenue

Down

$1,134,604

Down $35,939 (-3.1%) from 2015

Expenses

Up

$1,237,906

Up $42,528 (+3.6%) from 2015

Net Income

Down

-$103,302

Down $78,467 (-316%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $2,212,202Liabilities 2012: $154,647Net Assets 2012: $2,057,5552012Assets 2013: $2,291,606Liabilities 2013: $157,603Net Assets 2013: $2,134,0032013Assets 2014: $2,696,220Liabilities 2014: $173,873Net Assets 2014: $2,522,3472014Assets 2015: $2,592,854Liabilities 2015: $229,870Net Assets 2015: $2,362,9842015Assets 2016: $2,365,687Liabilities 2016: $214,826Net Assets 2016: $2,150,8612016Assets 2017: $2,635,906Liabilities 2017: $216,473Net Assets 2017: $2,419,4332017Assets 2018: $2,804,091Liabilities 2018: $226,311Net Assets 2018: $2,577,7802018Assets 2019: $2,753,465Liabilities 2019: $148,671Net Assets 2019: $2,604,7942019Assets 2020: $2,775,136Liabilities 2020: $167,480Net Assets 2020: $2,607,6562020Assets 2021: $3,638,599Liabilities 2021: $184,628Net Assets 2021: $3,453,9712021Assets 2022: $2,924,847Liabilities 2022: $209,114Net Assets 2022: $2,715,7332022Assets 2023: $4,096,939Liabilities 2023: $244,488Net Assets 2023: $3,852,4512023Assets 2024: $4,382,479Liabilities 2024: $206,531Net Assets 2024: $4,175,9482024Assets 2025: $4,551,534Liabilities 2025: $208,300Net Assets 2025: $4,343,2342025

Highlighted filing

2016

Assets$2,365,687
Liabilities$214,826
Net Assets$2,150,861
Open 2016 Filing

Operations Trend

Revenue Growth34th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $521,602Expenses 2012: $636,393Net Income 2012: -$114,7912012Revenue 2013: $600,216Expenses 2013: $643,190Net Income 2013: -$42,9742013Revenue 2014: $1,104,837Expenses 2014: $874,812Net Income 2014: $230,0252014Revenue 2015: $1,170,543Expenses 2015: $1,195,378Net Income 2015: -$24,8352015Revenue 2016: $1,134,604Expenses 2016: $1,237,906Net Income 2016: -$103,3022016Revenue 2017: $1,919,507Expenses 2017: $1,784,094Net Income 2017: $135,4132017Revenue 2018: $1,598,248Expenses 2018: $1,548,851Net Income 2018: $49,3972018Revenue 2019: $1,236,792Expenses 2019: $1,275,367Net Income 2019: -$38,5752019Revenue 2020: $1,489,330Expenses 2020: $1,491,078Net Income 2020: -$1,7482020Revenue 2021: $1,607,575Expenses 2021: $1,463,822Net Income 2021: $143,7532021Revenue 2022: $1,475,691Expenses 2022: $1,338,985Net Income 2022: $136,7062022Revenue 2023: $2,719,233Expenses 2023: $1,768,311Net Income 2023: $950,9222023Revenue 2024: $1,859,802Expenses 2024: $1,588,194Net Income 2024: $271,6082024Revenue 2025: $1,380,782Expenses 2025: $1,240,788Net Income 2025: $139,9942025

Highlighted filing

2016

Revenue$1,134,604
Expenses$1,237,906
Net Income-$103,302
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 14, 2016
Return Version
2015v2.1
Gross Receipts
$2,178,156
Mission and Program Overview

Mission

To expand educational opportunities and enhance academic excellence at ridgewater college by providing financial and community support. The foundation accomplishes its mission through its annual and capital fundraising campaigns, which raise funds for scholarships for students, program support for college departments and programs and a state-of-the-art mobile simulation laboratory which will provide health care training throughout the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,493,678$2,217,808▼ $275,870
Savings and Temporary Cash Investments$46,584$102,620▲ $56,036
Pledges and Grants Receivable$42,399$37,790▼ $4,609
Land, Buildings, and Equipment, Net$2,896$172▼ $2,724
Total Assets$2,592,854$2,365,687▼ $227,167
Other Assets Total$7,297$7,297→ $0
Liabilities
Accounts Payable and Accrued Expenses$229,870$214,826▼ $15,044
Total Liabilities$229,870$214,826▼ $15,044
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,704,943$2,757,809▲ $52,866
Unrestricted Net Assets$173,344$138,181▼ $35,163
Temporarily Rstr Net Assets$-515,303$-745,129▼ $229,826
Total Net Assets Fund Balance$2,362,984$2,150,861▼ $212,123
Total Liabilities and Net Assets / Fund Balance$2,592,854$2,365,687▼ $227,167

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$172$30,005$30,177

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$2,362,985$1,098,194▼ $72,410$1,015,030$2,150,863
2014$2,522,348$965,554▲ $70,460$977,844$2,362,985
2013$2,134,004$899,476▲ $363,680$672,218$2,522,348
2012$2,057,555$468,339▲ $251,299$441,251$2,134,004
2011$2,231,302$423,219▲ $39,427$457,652$2,057,555
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Bill FenskePresident
David LarsonDirector
Diane KnorrDirector
Eric LipkeDirector
Jason DuininckDirector
Jennifer LownsburyDirector
Jim WendlingDirector
Joan ChristiansonDirector
Julie JensenDirector
Mark a OlsonDirector
Roger GauquieDirector
Karen LangmoTreasurer/se
Dr Steve MulderVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,085,066
Program Service Revenue
$0
Investment Income
$36,411
Other Revenue
$13,127
All Other Contributions
$1,085,066
Change in Net Assets
$-103,302

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 Amount
Other Non Cash Contri Table117$474,896
Other Non Cash Contri Table1$62,972
Cars and Other Vehicles1$29,621
Other Non Cash Contri Table1$6,500
Total Noncash Contributions120$573,989

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,134,604
Revenue Not Reported on Form 990
$-108,821
Total Revenue per Audited Statements
$1,025,783
Total Revenue per Form 990
$1,134,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$968,994
Salaries, Compensation, and Employee Benefits$186,768
Other Expenses$82,144
Total Fundraising Expense$46,036
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$968,994--$968,994
Current Officers, Directors, Trustees, and Key Employees-$92,034$30,678$122,712
Other Salaries and Wages-$64,056-$64,056
Fees for Services Other-$22,236-$22,236
Other Expenses-$28,459$7,022$7,022
Advertising--$6,530$6,530
Occupancy-$6,500-$6,500
Travel-$2,827$1,806$4,633
Office Expenses-$4,040-$4,040
Depreciation Depletion-$2,724-$2,724
Total Functional Expenses$968,994$222,876$46,036$1,237,906

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,237,906
Total Expenses per Audited Statements$1,237,906
Total Expenses per Form 990$1,237,906
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ridgewater CollegeWillmar, MN-Scholarships to Stud$464,476
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,603
Fundraising Direct Expenses$8,476
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney$18,408$18,408$2,326$16,082
Total Events$18,408$18,408$7,706$10,702
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
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, Page 6, Part VI, Line 6

“Organization has a board of directors”

Form 990, Page 6, Part VI, Line 7A

“Board members nominate individuals to fill vacancies on the board and the board votes to approve new members.”

Form 990, Page 6, Part VI, Line 11B

“A copy of the 990 is given to the board to read and approve.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to complete a conflict of interest disclosure form annually.”

Form 990, Page 6, Part VI, Line 19

“Public may request to view documents during regular business hours at the foundation's place of business.”

Filing and Contact Details

Filer

Filer Name
Ridgewater College Foundation
EIN
41-1847315
Phone
3202226095
Address
2101 15TH AVE NW PO BOX 1097, WILLMAR, MN 56201

Signing Officer

Name
Bill Fenske
Title
President
Phone
3202226095
Signed
2016-09-14

Organization Details

Principal Officer
Bill Fenske
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
2

Preparer

Firm
Westberg-eischens Pllp
Address
PO BOX 362, WILLMAR, MN 56201-0362
Preparer
Travis Steffensen CPA
Phone
3202353727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To expand educational opportunities and enhance academic excellence at ridgewater college by providing financial and community support. The foundation accomplishes its mission through its annual and capital fundraising campaigns, which raise funds for scholarships for students, program support for college departments and programs and a state-of-the-art mobile simulation laboratory which will provide health care training throughout the region.”

Raw XML AppendixShowing 400 of 504 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0229870
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0214826
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO EXPAND EDUCATIONAL OPPORTUNITIES AND ENHANCE ACADEMIC EXCELLENCE AT RIDGEWATER COLLEGE BY PROVIDING FINANCIAL AND COMMUNITY SUPPORT. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH ITS ANNUAL AND CAPITAL FUNDRAISING CAMPAIGNS, WHICH RAISE FUNDS FOR SCHOLARSHIPS FOR STUDENTS, PROGRAM SUPPORT FOR COLLEGE DEPARTMENTS AND PROGRAMS AND A STATE-OF-THE-ART MOBILE SIMULATION LABORATORY WHICH WILL PROVIDE HEALTH CARE TRAINING THROUGHOUT THE REGION.
IRS990/AdvertisingGrp/FundraisingAmt06530
IRS990/AdvertisingGrp/TotalAmt06530
IRS990/AllOtherContributionsAmt01085066
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RIDGEWATER COLLEGE FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum03202226094
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02101 15TH AVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILLMAR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056201
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt030678
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt092034
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0122712
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01085066
IRS990/CYGrantsAndSimilarPaidAmt0968994
IRS990/CYInvestmentIncomeAmt036411
IRS990/CYOtherExpensesAmt082144
IRS990/CYOtherRevenueAmt013127
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-103302
IRS990/CYSalariesCompEmpBnftPaidAmt0186768
IRS990/CYTotalExpensesAmt01237906
IRS990/CYTotalFundraisingExpenseAmt046036
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01134604
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02724
IRS990/DepreciationDepletionGrp/TotalAmt02724
IRS990/Desc0ALL SUPPORT PROVIDED TO RIDGEWATER COLLEGE INCLUDING SCHOLARSHIPS, IN-KIND GIFTS, AND FUNDING FOR COLLEGE PROGRAMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0968994
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022236
IRS990/FeesForServicesOtherGrp/TotalAmt022236
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON DUININCK
IRS990/Form990PartVIISectionAGrp/PersonNm1ERIC LIPKE
IRS990/Form990PartVIISectionAGrp/PersonNm2JULIE JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm3BILL FENSKE
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM WENDLING
IRS990/Form990PartVIISectionAGrp/PersonNm5JOAN CHRISTIANSON
IRS990/Form990PartVIISectionAGrp/PersonNm6DR STEVE MULDER
IRS990/Form990PartVIISectionAGrp/PersonNm7ROGER GAUQUIE
IRS990/Form990PartVIISectionAGrp/PersonNm8KAREN LANGMO
IRS990/Form990PartVIISectionAGrp/PersonNm9DIANE KNORR
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JENNIFER LOWNSBURY
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK A OLSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt08476
IRS990/FundraisingGrossIncomeAmt021603
IRS990/GainOrLossGrp/SecuritiesAmt0-13760
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0968994
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0968994
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0968994
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01021316
IRS990/GrossReceiptsAmt02178156
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt050171
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050171
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02493678
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02217808
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030005
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02896
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0172
IRS990/LandBldgEquipCostOrOtherBssAmt030177
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01035076
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EXPAND EDUCATIONAL OPPORTUNITIES AND ENHANCE ACADEMIC EXCELLENCE AT RIDGEWATER COLLEGE BY PROVIDING FINANCIAL AND COMMUNITY SUPPORT. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH ITS ANNUAL AND CAPITAL FUNDRAISING CAMPAIGNS, WHICH RAISE FUNDS FOR SCHOLARSHIPS FOR STUDENTS, PROGRAM SUPPORT FOR COLLEGE DEPARTMENTS AND PROGRAMS AND A STATE-OF-THE-ART MOBILE SIMULATION LABORATORY WHICH WILL PROVIDE HEALTH CARE TRAINING THROUGHOUT THE REGION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02362984
IRS990/NetAssetsOrFundBalancesEOYAmt02150861
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-13760
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-13760
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013127
IRS990/NetUnrlzdGainsLossesInvstAmt0-108821
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0573989
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06500
IRS990/OccupancyGrp/TotalAmt06500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04040
IRS990/OfficeExpensesGrp/TotalAmt04040
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07297
IRS990/OtherAssetsTotalGrp/EOYAmt07297
IRS990/OtherExpensesGrp/Desc0INVESTMENT EXPENSE
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt07022
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028459
IRS990/OtherExpensesGrp/TotalAmt028459
IRS990/OtherExpensesGrp/TotalAmt17022
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt064056
IRS990/OtherSalariesAndWagesGrp/TotalAmt064056
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02704943
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02757809
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt042399
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt037790
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BILL FENSKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL PROJECTS - FUNDING GRANTED TO VARIOUS DEPARTMENTS OF RIDGEWATER COLLEGE TO ASSIST IN DEVELOPING CREATIVE PROJECTS OR PURCHASE EQUIPMENT DESIGNED TO ADVANCE THE COLLEGE MISSION.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0954128
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0933264
IRS990/PYInvestmentIncomeAmt0204988
IRS990/PYOtherExpensesAmt080835
IRS990/PYOtherRevenueAmt011427
IRS990/PYRevenuesLessExpensesAmt0-24835
IRS990/PYSalariesCompEmpBnftPaidAmt0181279
IRS990/PYTotalExpensesAmt01195378
IRS990/PYTotalRevenueAmt01170543
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-103302
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt046584
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102620
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENT INCOME 54,769
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0511077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0423001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0244279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0235852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01600940
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0573990
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0531127
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0703115
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0214393
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0176449
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt02199074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050171
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt058896
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt054752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053766
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt060278
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0277863
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt021603
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013127
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011427
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09630
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09667
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt010918
IRS990ScheduleA/OtherIncome170Grp/TotalAmt054769
IRS990ScheduleA/PublicSupportCY170Pct00.91950
IRS990ScheduleA/PublicSupportPY170Pct00.90240
IRS990ScheduleA/PublicSupportTotal170Amt03800014
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01085067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0954128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0889846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0458672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0412301
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03800014
IRS990ScheduleA/TotalSupportAmt04132646
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0222876
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02362985
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01098194
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02150863
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-72410
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01015030
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0217533
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02522348
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0965554
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02362985
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070460
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0977844
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0202594
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02134004
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0899476
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02522348
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0363680
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0672218
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0201938
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02057555
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0468339
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02134004
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0251299
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0441251
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0178741
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02231302
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0423219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02057555
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt039427
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0457652
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01237906
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-108821
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0172
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030005
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030177
IRS990ScheduleD/RevenueNotReportedAmt0-108821
IRS990ScheduleD/RevenueSubtotalAmt01134604
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0172
IRS990ScheduleD/TotalExpensesPerForm990Amt01237906
IRS990ScheduleD/TotalRevenuePerForm990Amt01134604
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01025783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01237906
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07706
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNEY
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02068
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018408
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018408
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018408
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018408
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010702
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02326
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02326
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03312
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03312
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0464476
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0504518
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0DONATED AUTOS,
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS TO STUD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIDGEWATER COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0411687554
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02101 15TH AVE NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WILLMAR
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd056201
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt029621
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0117
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,365,687
Liabilities
$214,826
Net assets
$2,150,861
Revenue
$1,134,604
Expenses
$1,237,906
Net income
-$103,302
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.55$0.21$4.34$1.38$1.24$0.14
2024Detailed filing. Detailed filing data is available for this year.$4.38$0.21$4.18$1.86$1.59$0.27
2023Detailed filing. Detailed filing data is available for this year.$4.10$0.24$3.85$2.72$1.77$0.95
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.21$2.72$1.48$1.34$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.18$3.45$1.61$1.46$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.78$0.17$2.61$1.49$1.49$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.15$2.60$1.24$1.28$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.23$2.58$1.60$1.55$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.64$0.22$2.42$1.92$1.78$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.37$0.21$2.15$1.13$1.24$0.10
2015Summary only. Only limited summary data is available for this year.$2.59$0.23$2.36$1.17$1.20$0.02
2014Summary only. Only limited summary data is available for this year.$2.70$0.17$2.52$1.10$0.87$0.23
2013Summary only. Only limited summary data is available for this year.$2.29$0.16$2.13$0.60$0.64$0.04
2012Summary only. Only limited summary data is available for this year.$2.21$0.15$2.06$0.52$0.64$0.11