Civic Intelligence

Minot State University Development Foundation

990 • Fiscal year 2015 • EIN 45-0344784

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 29, 2015

Organization ProfileN/A
500 University Ave WMinot, ND 58701

(701) 858-3368

Siviq Scores

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

Liabilities / Assets

36th percentile

0.14x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

1.08x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

25th percentile

$160,037

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

58th percentile

3.3%

Faster asset growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-43%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$25,125,218

Up $798,583 (+3.3%) from 2014

Net Assets

Up

$21,543,238

Up $1,475,340 (+7.4%) from 2014

Liabilities

Down

$3,581,980

Down $676,757 (-16%) from 2014

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin93rd percentile

Revenue

Down

$3,302,809

Down $2,459,997 (-43%) from 2014

Expenses

Up

$1,471,265

Up $328,452 (+29%) from 2014

Net Income

Down

$1,831,544

Down $2,788,449 (-60%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2015

Assets$25,125,218
Liabilities$3,581,980
Net Assets$21,543,238
Open 2015 Filing

Operations Trend

Revenue Growth5th percentile

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

2015

Revenue$3,302,809
Expenses$1,471,265
Net Income$1,831,544
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 29, 2015
Return Version
2014v5.0
Gross Receipts
$4,451,990
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,058,483$17,760,770▲ $702,287
Land, Buildings, and Equipment, Net$5,348,709$5,214,669▼ $134,040
Cash and Non-Interest-Bearing Accounts$826,168$943,251▲ $117,083
Pledges and Grants Receivable$560,857$732,575▲ $171,718
Other Notes and Loans Receivable, Net$344,971$301,535▼ $43,436
Prepaid Expenses and Deferred Charges$9,355$7,492▼ $1,863
Accounts Receivable$360$1,929▲ $1,569
Total Assets$24,326,635$25,125,218▲ $798,583
Other Assets Total$177,732$162,997▼ $14,735
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,419,904$2,610,141▼ $809,763
Other Liabilities$828,154$969,505▲ $141,351
Accounts Payable and Accrued Expenses$10,679$2,334▼ $8,345
Total Liabilities$4,258,737$3,581,980▼ $676,757
Net Assets / Fund Balance
Permanently Rstr Net Assets$16,027,983$17,810,159▲ $1,782,176
Unrestricted Net Assets$2,003,342$2,229,921▲ $226,579
Temporarily Rstr Net Assets$2,036,573$1,503,158▼ $533,415
Total Net Assets Fund Balance$20,067,898$21,543,238▲ $1,475,340
Total Liabilities and Net Assets / Fund Balance$24,326,635$25,125,218▲ $798,583

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,886,377$634,269-
Other Land Buildings$655,862--
Land$624,666--
Equipment$47,764$71,646-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$19,733,733$1,243,803▲ $1,057,463$2,405,010$20,286,768
2013$14,207,306$3,948,283▲ $2,170,750$976,852$19,733,733
2012$12,412,174$632,196▲ $763,872$560,697$13,247,545
2011$12,758,023$471,393▼ $320,477$496,765$12,412,174
2010$10,345,275$1,274,402▲ $1,758,985$620,639$12,758,023
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Dr Steve ShirleyDirector-$139,137$139,137
Marv SemrauDirectorPT$137,994$137,994

Board Members and Trustees

NameTitle
Maynard SandbergPresident
Tom ProbstVice President
Bob SandoDirector
Dave ReitenDirector
David GowanDirector
Dr Doris SlaatenDirector
Jon BackesDirector
Karen KrebsbachDirector
Kathy AasDirector
Kathy GaddieDirector
Myron ThompsonDirector
Brian FoisyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,260,178
Program Service Revenue
$103,343
Investment Income
$800,629
Other Revenue
$138,659
All Other Contributions
$1,603,399
Change in Net Assets
$1,831,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,822,258
Revenue Not Reported on Financial Statements
$-519,449
Revenue Not Reported on Form 990
$-356,204
Other Revenue Adjustments
$-519,449
Total Revenue per Audited Statements
$3,466,054
Total Revenue per Form 990
$3,302,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$887,717
Other Expenses$316,361
Salaries, Compensation, and Employee Benefits$267,187
Total Fundraising Expense$105,646
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$887,717--$887,717
Other Salaries and Wages$117,545$66,500$83,142$267,187
Fees for Service Investment Mgmnt Fees$77,359--$77,359
All Other Expenses$30,288$2,485$7,013$39,786
Occupancy$32,030--$32,030
Other Expenses$15,423$5,141$5,141$25,705
Fees for Services Accounting$73$15,718-$15,791
Depreciation Depletion$6,528--$6,528
Insurance$4,381$546$546$5,473
Travel$3,283$1,094$1,094$5,471
Advertising$1,399$418$418$2,235
Conferences and Meetings$801$267$267$1,335
Total Functional Expenses$1,265,425$100,194$105,646$1,471,265

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,990,714
Expenses per Audited Statements$1,471,265
Total Expenses per Form 990$1,471,265
Expenses Not Reported on Form 990$519,449
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minot State UniversityMinot, ND501(c)(3)Provide Scholarship Funds to Minot State University Students$887,717
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 Minot State University$570,682
Annuities Payable$398,823
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board of directors reviews the 990 prior to its filing.”

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

“Board members monitor compliance with the conflict of interest policy”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Minot State University Development Foundation
EIN
45-0344784
Phone
7018583368
Address
500 UNIVERSITY AVE W, MINOT, ND 58701

Signing Officer

Name
Jonelle Watson
Title
Assistant VP for Business Services
Phone
7018583368
Signed
2015-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonelle Watson
Formed
1943
Legal Domicile
Nd
Voting Board Members
14
Independent Board Members
11
Employees
21
Volunteers
14

Preparer

Firm
Brady Martz & Associates Pc
Address
POST OFFICE BOX 848, MINOT, ND 58702-0848
Preparer
Angela K Zerr CPA
Phone
7018520196
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from prior years.”

Financial Statement Notes

PART V, LINE 4:

“PAYMENT OF SCHOLARSHIPS”

PART X, LINE 2:

“Income 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.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income on page 1 line 11 -519,449.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income on page 1 line 11 519,449.”

Raw XML AppendixShowing 400 of 633 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/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/FormationYr01943
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-35447
IRS990/GainOrLossGrp/SecuritiesAmt0458036
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0656779
IRS990/GrantAmt0887717
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0887717
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0887717
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0221191
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0831130
IRS990/GrossReceiptsAmt04451990
IRS990/GrossRentsGrp/RealAmt0637624
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0546
IRS990/InsuranceGrp/ManagementAndGeneralAmt0546
IRS990/InsuranceGrp/ProgramServicesAmt04381
IRS990/InsuranceGrp/TotalAmt05473
IRS990/InvestmentIncomeGrp/ExclusionAmt0378040
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0378040
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017058483
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017760770
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0705915
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05348709
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05214669
IRS990/LandBldgEquipCostOrOtherBssAmt05920584
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0256638
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0373094
IRS990/LessRentalExpensesGrp/RealAmt0519449
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03419904
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02610141
IRS990/NetAssetsOrFundBalancesBOYAmt020067898
IRS990/NetAssetsOrFundBalancesEOYAmt021543238
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0422589
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0422589
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0117539
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0118175
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0636
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-356204
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt032030
IRS990/OccupancyGrp/TotalAmt032030
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0177732
IRS990/OtherAssetsTotalGrp/EOYAmt0162997
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ENTREPRENEURSHIP CLUB C
IRS990/OtherExpensesGrp/Desc1REPAIRS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt02643
IRS990/OtherExpensesGrp/FundraisingAmt15382
IRS990/OtherExpensesGrp/FundraisingAmt25141
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02643
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15382
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25141
IRS990/OtherExpensesGrp/ProgramServicesAmt043234
IRS990/OtherExpensesGrp/ProgramServicesAmt126075
IRS990/OtherExpensesGrp/ProgramServicesAmt219289
IRS990/OtherExpensesGrp/ProgramServicesAmt315423
IRS990/OtherExpensesGrp/TotalAmt043234
IRS990/OtherExpensesGrp/TotalAmt131361
IRS990/OtherExpensesGrp/TotalAmt230053
IRS990/OtherExpensesGrp/TotalAmt325705
IRS990/OtherLiabilitiesGrp/BOYAmt0828154
IRS990/OtherLiabilitiesGrp/EOYAmt0969505
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ACTIVITY FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt020484
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020484
IRS990/OtherRevenueTotalAmt020484
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt083142
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117545
IRS990/OtherSalariesAndWagesGrp/TotalAmt0267187
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0344971
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0301535
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt016027983
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt017810159
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0560857
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0732575
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09355
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07492
IRS990/PrincipalOfficerNm0JONELLE WATSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0722210
IRS990/ProgramServiceRevenueGrp/Desc0ENTREPRENEURSHIP CLUB
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0103343
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0103343
IRS990/ProgSrvcAccomActy2Grp/Desc0ENTREPRENEURSHIP CLUB WHICH PROVIDES LEARNING OPPORTUNITIES FOR STUDENTS IN THE COLLEGE OF BUSINESS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0150823
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0525932
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04529456
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0841565
IRS990/PYInvestmentIncomeAmt0960836
IRS990/PYOtherExpensesAmt0224437
IRS990/PYOtherRevenueAmt0132813
IRS990/PYProgramServiceRevenueAmt0139701
IRS990/PYRevenuesLessExpensesAmt04619993
IRS990/PYSalariesCompEmpBnftPaidAmt076811
IRS990/PYTotalExpensesAmt01142813
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05762806
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01831544
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0118175
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0456002481
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0887717
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MINOT STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0887717
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/BoardDesignatedBalanceEOYPct00.08080
IRS990ScheduleD/BuildingsGrp/BookValueAmt03886377
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0634269
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04520646
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt019733733
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01243803
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt020286768
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0656779
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01057463
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02405010
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014207306
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03948283
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt019733733
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0384246
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02170750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0976852
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012412174
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0632196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013247545
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0763872
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0560697

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,125,218
Liabilities
$3,581,980
Net assets
$21,543,238
Revenue
$3,302,809
Expenses
$1,471,265
Net income
$1,831,544
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