Civic Intelligence

Minot State University Development Foundation

990 • Fiscal year 2012 • EIN 45-0344784

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 17, 2013

Organization ProfileN/A
500 University Ave W58701
Siviq Scores

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

Liabilities / Assets

49th percentile

0.25x

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

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

90th percentile

25%

Faster asset growth than 90% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$17,461,769

Up $3,497,216 (+25%) from 2011

Net Assets

Down

$13,112,255

Down $629,937 (-4.6%) from 2011

Liabilities

Up

$4,349,514

Up $4,127,153 (+1856%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,097,640

Up $588,861 (+116%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$80M$60M$40M$20M$0Assets 2011: $13,964,553Liabilities 2011: $222,361Net Assets 2011: $13,742,1922011Assets 2012: $17,461,769Liabilities 2012: $4,349,514Net Assets 2012: $13,112,2552012Assets 2013: $18,115,405Liabilities 2013: $3,765,787Net Assets 2013: $14,349,6182013Assets 2014: $24,326,635Liabilities 2014: $4,258,737Net Assets 2014: $20,067,8982014Assets 2015: $25,125,218Liabilities 2015: $3,581,980Net Assets 2015: $21,543,2382015Assets 2016: $28,783,696Liabilities 2016: $6,681,803Net Assets 2016: $22,101,8932016Assets 2017: $30,970,392Liabilities 2017: $5,925,058Net Assets 2017: $25,045,3342017Assets 2018: $34,124,884Liabilities 2018: $5,825,560Net Assets 2018: $28,299,3242018Assets 2019: $37,010,968Liabilities 2019: $6,580,879Net Assets 2019: $30,430,0892019Assets 2020: $37,175,761Liabilities 2020: $6,026,385Net Assets 2020: $31,149,3762020Assets 2021: $52,044,466Liabilities 2021: $10,665,621Net Assets 2021: $41,378,8452021Assets 2022: $52,940,174Liabilities 2022: $10,126,088Net Assets 2022: $42,814,0862022Assets 2023: $57,770,697Liabilities 2023: $10,454,711Net Assets 2023: $47,315,9862023Assets 2024: $61,683,908Liabilities 2024: $10,496,725Net Assets 2024: $51,187,1832024

Highlighted filing

2012

Assets$17,461,769
Liabilities$4,349,514
Net Assets$13,112,255
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,054,843Expenses 2011: $508,779Net Income 2011: $1,546,0642011Expenses 2012: $1,097,6402012Expenses 2013: $1,209,2382013Revenue 2014: $5,762,806Expenses 2014: $1,142,813Net Income 2014: $4,619,9932014Revenue 2015: $3,302,809Expenses 2015: $1,471,265Net Income 2015: $1,831,5442015Revenue 2016: $5,710,206Expenses 2016: $1,224,868Net Income 2016: $4,485,3382016Revenue 2017: $4,123,166Expenses 2017: $1,517,175Net Income 2017: $2,605,9912017Revenue 2018: $5,982,199Expenses 2018: $2,976,193Net Income 2018: $3,006,0062018Revenue 2019: $3,875,157Expenses 2019: $2,454,641Net Income 2019: $1,420,5162019Revenue 2020: $3,378,893Expenses 2020: $2,545,458Net Income 2020: $833,4352020Revenue 2021: $7,678,265Expenses 2021: $2,368,146Net Income 2021: $5,310,1192021Revenue 2022: $11,663,994Expenses 2022: $2,806,889Net Income 2022: $8,857,1052022Revenue 2023: $5,304,845Expenses 2023: $3,230,752Net Income 2023: $2,074,0932023Revenue 2024: $5,668,064Expenses 2024: $5,668,219Net Income 2024: -$1552024

Highlighted filing

2012

Revenue-
Expenses$1,097,640
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 17, 2013
Return Version
2011v1.2
Gross Receipts
$4,936,830
Mission and Program Overview

Mission

To establish, promote and stimulate voluntary financial support for the benefit of minot state university, especially in building of endowment and in addressing the long-term priorities of the university.

Filing and Contact Details

Filer

EIN
45-0344784
Raw XML AppendixShowing 400 of 570 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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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0PAYMENT OF SCHOLARSHIPS
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2CHANGE IN ANNUITY VALUE REPORTED AS EXPENSE ON AUDITED FINANCIAL STATEMENTS -8,881. RENTAL EXPENSES NETTED WITH INCOME ON PAGE 1 LINE 11 -106,990.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3RENTAL EXPENSES NETTED WITH RENTAL INCOME ON PAGE 1 LINE 11 106,990. CHANGE IN ANNUITY VALUE REPORTED AS EXPENSE ON AUDITED FINANCIAL STATEMENTS 8,881.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation4GRANTS AND ALLOCATIONS NETTED WITH GRANTS AND ALLOCATIONS PAID OUT -58,148.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation5INCOME TAX STATUS - THE FOUNDATION IS ORGANIZED AS A NORTH DAKOTA NONPROFIT CORPORATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULING, COURT DECISIONS AND OTHER EVIDENCE. IT IS 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.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier4PART XIII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/Land/BookValue0512985
IRS990ScheduleD/Land/InvestmentCostOrOtherBasis0512985
IRS990ScheduleD/NetUnrealizedGainsInvestments0-618280
IRS990ScheduleD/OtherAmount0-618279
IRS990ScheduleD/OtherExpensesIncluded0115871
IRS990ScheduleD/OtherExpensesNotIncluded0-58148
IRS990ScheduleD/OtherLiabilities/Amount0253169
IRS990ScheduleD/OtherLiabilities/Amount115160
IRS990ScheduleD/OtherLiabilities/Amount21037128
IRS990ScheduleD/OtherLiabilities/Description0ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilities/Description1ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilities/Description2DUE TO MINOT STATE UNIVERSITY
IRS990ScheduleD/OtherRevenues058148
IRS990ScheduleD/OtherRevenuesNotIncluded0-115871
IRS990ScheduleD/PermanentEndowmentEOYBalance00.83670
IRS990ScheduleD/RevenueNotRptdF9900-560132
IRS990ScheduleD/RevenueNotRptdOnFinStmt0-115871
IRS990ScheduleD/RevenueSubtotal01201853
IRS990ScheduleD/TotalAdjustments0-618279
IRS990ScheduleD/TotalExpenses01097640
IRS990ScheduleD/TotalExpensesPerForm99001097640
IRS990ScheduleD/TotalOfAmounts01305457
IRS990ScheduleD/TotalOfBookValueLandBuildings04918334
IRS990ScheduleD/TotalRevenue01085982
IRS990ScheduleD/TotalRevenuePerForm99001085982
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01271659
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0641721
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: AWARDS ARE DISBURSED ACCORDING TO CRITERIA ESTABLISHED BY THE DEVELOPMENT FOUNDATION.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10500 UNIVERSITY AVE W
IRS990ScheduleI/RecipientTable/AddressUS/City0MINOT
IRS990ScheduleI/RecipientTable/AddressUS/State0ND
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode058701
IRS990ScheduleI/RecipientTable/AmountOfCashGrant01024840
IRS990ScheduleI/RecipientTable/EINOfRecipient0456002481
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrant0PROVIDE SCHOLARSHIP FUNDS TO MINOT STATE UNIVERSITY STUDENTS
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10MINOT STATE UNIVERSITY
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants01
IRS990ScheduleI/TotalNbrOfOtherOrganizations00
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$17,461,769
Liabilities
$4,349,514
Net assets
$13,112,255
Revenue
-
Expenses
$1,097,640
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$61.7$10.5$51.2$5.67$5.67$0.00
2023Detailed filing. Detailed filing data is available for this year.$57.8$10.5$47.3$5.30$3.23$2.07
2022Detailed filing. Detailed filing data is available for this year.$52.9$10.1$42.8$11.7$2.81$8.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.0$10.7$41.4$7.68$2.37$5.31
2020Detailed filing. Detailed filing data is available for this year.$37.2$6.03$31.1$3.38$2.55$0.83
2019Detailed filing. Detailed filing data is available for this year.$37.0$6.58$30.4$3.88$2.45$1.42
2018Detailed filing. Detailed filing data is available for this year.$34.1$5.83$28.3$5.98$2.98$3.01
2017Detailed filing. Detailed filing data is available for this year.$31.0$5.93$25.0$4.12$1.52$2.61
2016Detailed filing. Detailed filing data is available for this year.$28.8$6.68$22.1$5.71$1.22$4.49
2015Detailed filing. Detailed filing data is available for this year.$25.1$3.58$21.5$3.30$1.47$1.83
2014Detailed filing. Detailed filing data is available for this year.$24.3$4.26$20.1$5.76$1.14$4.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$3.77$14.3$1.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$4.35$13.1$1.10
2011Summary only. Only limited summary data is available for this year.$14.0$0.22$13.7$2.05$0.51$1.55