Civic Intelligence

Vocational Training Center Inc.

990 • Fiscal year 2019 • EIN 45-0277254

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 13, 2020

424 9th Avenue SouthFargo, ND 58103

(701) 241-4858

Siviq Scores

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

Liabilities / Assets

49th percentile

0.14x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

63rd percentile

8.1%

Higher net margin than 63% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

66th percentile

$162,535

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

50th percentile

3.1%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.5%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,640,065

Up $172,060 (+3.1%) from 2018

Net Assets

Up

$4,824,053

Up $517,757 (+12%) from 2018

Liabilities

Down

$816,012

Down $345,697 (-30%) from 2018

Revenue

Up

$5,864,368

Up $197,780 (+3.5%) from 2018

Expenses

Down

$5,391,188

Down $232,924 (-4.1%) from 2018

Net Income

Up

$473,180

Up $430,704 (+1014%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,402,898Liabilities 2010: $281,178Net Assets 2010: $3,121,7202010Assets 2011: $3,836,413Liabilities 2011: $366,360Net Assets 2011: $3,470,0532011Assets 2012: $3,930,011Liabilities 2012: $291,264Net Assets 2012: $3,638,7472012Assets 2013: $3,881,507Liabilities 2013: $128,168Net Assets 2013: $3,753,3392013Assets 2014: $3,978,965Liabilities 2014: $157,145Net Assets 2014: $3,821,8202014Assets 2015: $4,483,183Liabilities 2015: $524,384Net Assets 2015: $3,958,7992015Assets 2016: $5,083,966Liabilities 2016: $1,042,448Net Assets 2016: $4,041,5182016Assets 2017: $5,612,118Liabilities 2017: $1,406,212Net Assets 2017: $4,205,9062017Assets 2018: $5,468,005Liabilities 2018: $1,161,709Net Assets 2018: $4,306,2962018Assets 2019: $5,640,065Liabilities 2019: $816,012Net Assets 2019: $4,824,0532019Assets 2020: $6,416,396Liabilities 2020: $1,803,201Net Assets 2020: $4,613,1952020Assets 2021: $8,266,125Liabilities 2021: $2,224,194Net Assets 2021: $6,041,9312021Assets 2022: $8,186,573Liabilities 2022: $1,321,095Net Assets 2022: $6,865,4782022Assets 2023: $8,456,314Liabilities 2023: $1,314,627Net Assets 2023: $7,141,6872023Assets 2024: $9,191,991Liabilities 2024: $1,302,940Net Assets 2024: $7,889,0512024Assets 2025: $9,426,317Liabilities 2025: $882,259Net Assets 2025: $8,544,0582025

Highlighted filing

2019

Assets$5,640,065
Liabilities$816,012
Net Assets$4,824,053

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,950,4502010Expenses 2011: $2,991,4542011Expenses 2012: $3,266,9472012Expenses 2013: $3,391,1412013Revenue 2014: $3,579,047Expenses 2014: $3,674,836Net Income 2014: -$95,7892014Revenue 2015: $4,586,257Expenses 2015: $4,328,550Net Income 2015: $257,7072015Revenue 2016: $5,175,120Expenses 2016: $5,011,275Net Income 2016: $163,8452016Revenue 2017: $5,448,634Expenses 2017: $5,420,433Net Income 2017: $28,2012017Revenue 2018: $5,666,588Expenses 2018: $5,624,112Net Income 2018: $42,4762018Revenue 2019: $5,864,368Expenses 2019: $5,391,188Net Income 2019: $473,1802019Revenue 2020: $5,236,605Expenses 2020: $5,520,705Net Income 2020: -$284,1002020Revenue 2021: $7,124,205Expenses 2021: $5,956,368Net Income 2021: $1,167,8372021Revenue 2022: $8,486,105Expenses 2022: $7,309,317Net Income 2022: $1,176,7882022Revenue 2023: $7,879,632Expenses 2023: $7,707,399Net Income 2023: $172,2332023Revenue 2024: $8,595,858Expenses 2024: $8,042,365Net Income 2024: $553,4932024Revenue 2025: $9,205,246Expenses 2025: $8,676,932Net Income 2025: $528,3142025

Highlighted filing

2019

Revenue$5,864,368
Expenses$5,391,188
Net Income$473,180
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 13, 2020
Return Version
2018v3.1
Gross Receipts
$5,864,368
Mission and Program Overview

Mission

To support people in achieving their full potential by providing meaningful opportunities through an innovative continuum of services.

To provide training for adults with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,959,193$2,014,039▲ $54,846
Investments in Publicly Traded Securities$1,597,889$1,691,924▲ $94,035
Savings and Temporary Cash Investments$979,553$1,274,283▲ $294,730
Accounts Receivable$814,201$534,187▼ $280,014
Inventories for Sale or Use$100,809$112,270▲ $11,461
Prepaid Expenses and Deferred Charges$6,660$3,662▼ $2,998
Total Assets$5,468,005$5,640,065▲ $172,060
Other Assets Total$9,700$9,700→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$429,305$402,176▼ $27,129
Accounts Payable and Accrued Expenses$374,404$345,049▼ $29,355
Other Liabilities$358,000$68,787▼ $289,213
Total Liabilities$1,161,709$816,012▼ $345,697
Net Assets / Fund Balance
Unrestricted Net Assets$4,306,296$4,824,053▲ $517,757
Total Net Assets Fund Balance$4,306,296$4,824,053▲ $517,757
Total Liabilities and Net Assets / Fund Balance$5,468,005$5,640,065▲ $172,060

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,417,701$1,400,042$2,817,743
Equipment$322,953$852,126$1,175,079
Land$273,385-$273,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott BurtsfieldExecutive DirectorFT$152,069$11,117$163,186
Noah CarlsonFinance DirectorFT$76,229$10,855$87,084

Board Members and Trustees

NameTitle
John WheelerBoard President
Dave PiepkornBoard Member
Eldor ScheidBoard Member
Jackie GappBoard Member
Milton Little OwlBoard Member
Randy ClarkBoard Member
Senator Judy LeeBoard Member
Bryan ChristensenBoard Member (through August 2018)
Bob Stroup IIIBoard Secretary
Scott GreenBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$309,576
Program Service Revenue
$5,501,673
Investment Income
$53,119
Other Revenue
$0
All Other Contributions
$15,166
Change in Net Assets
$473,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,309,973
Other Expenses$1,081,215
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,647,649$363,306-$3,010,955
Other Employee Benefits$567,095$95,400-$662,495
Office Expenses$270,261$78,094-$348,355
Current Officers, Directors, Trustees, and Key Employees-$260,473-$260,473
Payroll Taxes$214,229$46,227-$260,456
Depreciation Depletion$201,386$10,898-$212,284
All Other Expenses$39,123$121,816-$160,939
Occupancy$18,868$140,086-$158,954
Pension Plan Contributions$94,906$20,688-$115,594
Information Technology-$60,380-$60,380
Insurance-$43,684-$43,684
Travel$26,829$14,685-$41,514
Fees for Services Other-$22,014-$22,014
Interest$19,225$62-$19,287
Advertising-$8,704-$8,704
Conferences and Meetings-$5,100-$5,100
Total Functional Expenses$4,099,571$1,291,617$0$5,391,188
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to ND DHS$68,787
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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 A, line 1

The Executive Committee has the authority to act for the Board of Directors in the interim between the regular meetings of the Board and oversees and directs work of the Corporation as authorized by the Board. The Executive Committee consists of the President, Vice-President, Secretary, and Treasurer of Vocational Training Center, and any other such persons appointed by the President.

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

The Executive Director and Finance Director will review the Form 990 prior to it being submitted to the Board of Directors. The Form 990 will be presented at a board meeting to the Board of Directors prior to being filed with the IRS.

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

Directors, principal officers, and members of committees with governing board delegated powers of Vocational Training Center are covered by a conflict of interest policy. All individuals covered by the conflict of interest policy are required to disclose any actual or possible conflicts of interest and provide all material facts to the individuals that are considering the proposed transaction or arrangement. Potential conflicts are reviewed by independent board or committee members to determine if a conflict exists. In the event that a conflict of interest exists, the individual with the conflict will recuse themselves from voting on any issue pertaining to the conflict.

Form 990, Part VI, Section B, line 15

The Executive Committee meets with the Executive Director annually to review performance and make recommendations to the full board. This process was last undertaken in 2019.

Form 990, Part VI, Section C, line 19

The conflict of interest policy, governing documents, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Vocational Training Center Inc
EIN
45-0277254
Phone
7012414858
Address
424 9th Avenue South, Fargo, ND 58103

Signing Officer

Name
Noah Carlson
Title
Finance Director
Phone
7012414858
Signed
2020-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Burtsfield
Formed
1961
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
227
Volunteers
9

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

VTC 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(c) of the Internal Revenue Code as an organization described in Section 501(c)(3). VTC is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the entity is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes. VTC 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. VTC believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. VTC 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.

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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0402176
IRS990/NetAssetsOrFundBalancesBOYAmt04306296
IRS990/NetAssetsOrFundBalancesEOYAmt04824053
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt029408
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029408
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt044577
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0140086
IRS990/OccupancyGrp/ProgramServicesAmt018868
IRS990/OccupancyGrp/TotalAmt0158954
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt078094
IRS990/OfficeExpensesGrp/ProgramServicesAmt0270261
IRS990/OfficeExpensesGrp/TotalAmt0348355
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09700
IRS990/OtherAssetsTotalGrp/EOYAmt09700
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt095400
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0567095
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0662495
IRS990/OtherLiabilitiesGrp/BOYAmt0358000
IRS990/OtherLiabilitiesGrp/EOYAmt068787
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0363306
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02647649
IRS990/OtherSalariesAndWagesGrp/TotalAmt03010955
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt046227
IRS990/PayrollTaxesGrp/ProgramServicesAmt0214229
IRS990/PayrollTaxesGrp/TotalAmt0260456
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020688
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt094906
IRS990/PensionPlanContributionsGrp/TotalAmt0115594
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06660
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03662
IRS990/PrincipalOfficerNm0Scott Burtsfield
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1561300
IRS990/ProgramServiceRevenueGrp/BusinessCd2624310
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Client Service Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Employment Contracts
IRS990/ProgramServiceRevenueGrp/Desc2Vocational Training
IRS990/ProgramServiceRevenueGrp/Desc3Supporting Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03539313
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11211007
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2653215
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt398138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03539313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11211007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2653215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt398138
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0303039
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt024340
IRS990/PYOtherExpensesAmt01148971
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05339209
IRS990/PYRevenuesLessExpensesAmt042476
IRS990/PYSalariesCompEmpBnftPaidAmt04475141
IRS990/PYTotalExpensesAmt05624112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05666588
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0473180
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05501673
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0979553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01274283
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0309576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0303039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0233712
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0262981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0266361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01375669
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt023711
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016891
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014606
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt026987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0120970
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0203165
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05501673
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05339209
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05200790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04885152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04200543
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt025127367
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023711
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014606
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt026987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0120970
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0203165
IRS990ScheduleA/InvestmentIncomeCYPct00.00760
IRS990ScheduleA/InvestmentIncomePYPct00.01060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86980
IRS990ScheduleA/PublicSupportPY509Pct00.85300
IRS990ScheduleA/PublicSupportTotal509Amt023228068
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0678684
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0657712
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0639913
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0607058
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0691601
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03274968
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0678684
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0657712
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0639913
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0607058
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0691601
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt03274968
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05811249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05642248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05434502
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05148133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04466904
IRS990ScheduleA/Total509Grp/TotalAmt026503036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05834960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05659139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05449108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05175120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04587874
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt026706201
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01417701
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01400042
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02817743
IRS990ScheduleD/EquipmentGrp/BookValueAmt0322953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0852126
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01175079
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0273385
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0273385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068787
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to ND DHS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VTC 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(c) of the Internal Revenue Code as an organization described in Section 501(c)(3). VTC is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the entity is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes. VTC 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. VTC believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. VTC 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/TotalBookValueLandBuildingsAmt02014039
IRS990ScheduleD/TotalLiabilityAmt068787
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0152069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.43$0.88$8.54$9.21$8.68$0.53
2024Detailed filing. Detailed filing data is available for this year.$9.19$1.30$7.89$8.60$8.04$0.55
2023Detailed filing. Detailed filing data is available for this year.$8.46$1.31$7.14$7.88$7.71$0.17
2022Detailed filing. Detailed filing data is available for this year.$8.19$1.32$6.87$8.49$7.31$1.18
2021Detailed filing. Detailed filing data is available for this year.$8.27$2.22$6.04$7.12$5.96$1.17
2020Detailed filing. Detailed filing data is available for this year.$6.42$1.80$4.61$5.24$5.52$0.28
2019Detailed filing. Detailed filing data is available for this year.$5.64$0.82$4.82$5.86$5.39$0.47
2018Detailed filing. Detailed filing data is available for this year.$5.47$1.16$4.31$5.67$5.62$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.61$1.41$4.21$5.45$5.42$0.03
2016Detailed filing. Detailed filing data is available for this year.$5.08$1.04$4.04$5.18$5.01$0.16
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.52$3.96$4.59$4.33$0.26
2014Detailed filing. Detailed filing data is available for this year.$3.98$0.16$3.82$3.58$3.67$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.13$3.75$3.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$0.29$3.64$3.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.37$3.47$2.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.28$3.12$2.95