Civic Intelligence

Minot State University Development Foundation

990 • Fiscal year 2021 • EIN 45-0344784

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 12, 2022

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

46th percentile

0.20x

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

1.39x

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

93rd percentile

69%

Higher net margin than 93% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

45th percentile

$309,700

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

89th percentile

40%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

127%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$52,044,466

Up $14,868,705 (+40%) from 2020

Net Assets

Up

$41,378,845

Up $10,229,469 (+33%) from 2020

Liabilities

Up

$10,665,621

Up $4,639,236 (+77%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin93rd percentile

Revenue

Up

$7,678,265

Up $4,299,372 (+127%) from 2020

Expenses

Down

$2,368,146

Down $177,312 (-7.0%) from 2020

Net Income

Up

$5,310,119

Up $4,476,684 (+537%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th 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

2021

Assets$52,044,466
Liabilities$10,665,621
Net Assets$41,378,845
Open 2021 Filing

Operations Trend

Revenue Growth91st 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

2021

Revenue$7,678,265
Expenses$2,368,146
Net Income$5,310,119
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 12, 2022
Return Version
2020v4.1
Gross Receipts
$8,502,135
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$30,399,957$38,938,557▲ $8,538,600
Land, Buildings, and Equipment, Net$5,011,152$11,839,831▲ $6,828,679
Pledges and Grants Receivable$1,171,637$945,908▼ $225,729
Cash and Non-Interest-Bearing Accounts$493,541$238,833▼ $254,708
Prepaid Expenses and Deferred Charges$11,372$10,192▼ $1,180
Accounts Receivable$8,353$10,148▲ $1,795
Total Assets$37,175,761$52,044,466▲ $14,868,705
Other Assets Total$79,749$60,997▼ $18,752
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,967,122$6,104,234▲ $4,137,112
Other Liabilities$4,056,822$4,529,856▲ $473,034
Accounts Payable and Accrued Expenses$2,441$31,531▲ $29,090
Total Liabilities$6,026,385$10,665,621▲ $4,639,236
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,207,254$36,617,660▲ $7,410,406
Net Assets Without Donor Restrictions$1,942,122$4,761,185▲ $2,819,063
Total Net Assets Fund Balance$31,149,376$41,378,845▲ $10,229,469
Total Liabilities and Net Assets / Fund Balance$37,175,761$52,044,466▲ $14,868,705

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,781,756$1,917,045-
Other Land Buildings$421,314--
Land$1,636,761--
Equipment$0$119,410-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$29,525,716$1,446,199▲ $6,403,765$2,268,049$35,107,631
2019$28,214,982$1,490,651▲ $1,277,764$1,457,681$29,525,716
2018$26,550,838$1,328,293▲ $1,735,345$1,399,494$28,214,982
2017$22,614,917$3,614,940▲ $1,845,692$1,524,711$26,550,838
2016$19,780,932$2,292,213▲ $1,984,731$1,442,959$22,614,917
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Rick HedbergExecutive Director (ex-offPT$148,523$148,523
Brent WinigerTreasurer (ex-officio)-$135,561$135,561

Board Members and Trustees

NameTitle
Jon BackesPresident
Dan LangemoVice President
Bob SandoDirector
David GowanDirector
Jarid LundeenDirector
Karen KrebsbachDirector
Kathy AasDirector
Kent KirkhammerDirector
Leslie CoughlinDirector
Myron ThompsonDirector
Randy ConwayDirector
Dr Steve ShirleyDirector (ex-officio)
Revenue and Support

Revenue Composition

Contributions and Grants
$6,287,516
Program Service Revenue
$0
Investment Income
$1,385,162
Other Revenue
$5,587
All Other Contributions
$5,866,234
Change in Net Assets
$5,310,119

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$2,362,500Appraisal
Total Noncash Contributions1$2,362,500-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,502,135
Revenue Not Reported on Financial Statements
$-823,870
Revenue Not Reported on Form 990
$4,780,604
Other Revenue Adjustments
$-823,870
Total Revenue per Audited Statements
$13,282,739
Total Revenue per Form 990
$7,678,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,409,065
Salaries, Compensation, and Employee Benefits$504,322
Other Expenses$454,759
Total Fundraising Expense$389,618
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,409,065--$1,409,065
Other Salaries and Wages$68,983$119,392$315,947$504,322
Fees for Service Investment Mgmnt Fees$138,746--$138,746
Fees for Services Accounting$38,380$12,508$12,508$63,396
All Other Expenses$26,724$8,909$18,944$54,577
Other Expenses$12,606$4,202$4,202$21,010
Travel$11,888$3,963$3,963$19,814
Occupancy$7,411$4,389$4,389$16,189
Conferences and Meetings$9,630$3,210$3,210$16,050
Advertising$8,451$2,905$2,905$14,261
Insurance-$1,055$1,055$2,110
Total Functional Expenses$1,795,500$183,028$389,618$2,368,146

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,053,270
Total Expenses per Form 990$2,368,146
Expenses per Audited Statements$2,229,400
Expenses Not Reported on Form 990$823,870
Expenses Not Reported on Financial Statements$138,746
Other Expense Adjustments$138,746
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minot State UniversityMinot, ND501(c)(3)Provide Scholarship Funds to Minot State University Students$1,409,065
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
Investments Held for Minot State University$3,869,216
Annuities Payable$442,381
Due to Minot State University$218,259
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 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“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
EIN
45-0344784
Phone
7018583368
Address
500 UNIVERSITY AVE W, MINOT, ND 58701

Signing Officer

Name
Rick Hedberg
Title
Executive Director
Phone
7018583368
Signed
2022-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Hedberg
Formed
1943
Legal Domicile
Nd
Voting Board Members
11
Independent Board Members
11
Employees
10
Volunteers
17

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The foundation's process for selecting an independent accountant has not changed from prior years.”

Financial Statement Notes

PART V, LINE 4:

“PAYMENT OF SCHOLARSHIPS.”

PART X, LINE 2:

“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 2D - OTHER ADJUSTMENTS:

“Investment management fees netted with investment income -138,746.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income on page 1 line 11 -823,870.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with rental income on page 1 line 11 823,870.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Investment management fees netted with investment income 138,746.”

Raw XML AppendixShowing 400 of 641 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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR (EX-OFFICIO)
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER (EX-OFFICIO)
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR (EX-OFF
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01943
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01384589
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0421282
IRS990/GrantAmt01409065
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01409065
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01409065
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01384589
IRS990/GrossReceiptsAmt08502135
IRS990/GrossRentsGrp/RealAmt0816921
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndependentVotingMemberCnt011
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt038938557
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt013876286
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt0823870
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/BOYAmt01967122
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06104234
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IRS990/NetAssetsOrFundBalancesEOYAmt041378845
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01384589
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01384589
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-38584
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-6949
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt031635
IRS990/NetUnrelatedBusTxblIncmAmt030635
IRS990/NetUnrlzdGainsLossesInvstAmt04919350
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01942122
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04761185
IRS990/NoncashContributionsAmt02362500
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04389
IRS990/OccupancyGrp/ManagementAndGeneralAmt04389
IRS990/OccupancyGrp/ProgramServicesAmt07411
IRS990/OccupancyGrp/TotalAmt016189
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt079749
IRS990/OtherAssetsTotalGrp/EOYAmt060997
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LICENSES, PERMITS, AND
IRS990/OtherExpensesGrp/Desc1POSTAGE AND DELIVERY
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt010657
IRS990/OtherExpensesGrp/FundraisingAmt16393
IRS990/OtherExpensesGrp/FundraisingAmt25445
IRS990/OtherExpensesGrp/FundraisingAmt34202
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010657
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16393
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25445
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34202
IRS990/OtherExpensesGrp/ProgramServicesAmt028751
IRS990/OtherExpensesGrp/ProgramServicesAmt119180
IRS990/OtherExpensesGrp/ProgramServicesAmt215685
IRS990/OtherExpensesGrp/ProgramServicesAmt312606
IRS990/OtherExpensesGrp/TotalAmt050065
IRS990/OtherExpensesGrp/TotalAmt131966
IRS990/OtherExpensesGrp/TotalAmt226575
IRS990/OtherExpensesGrp/TotalAmt321010
IRS990/OtherLiabilitiesGrp/BOYAmt04056822
IRS990/OtherLiabilitiesGrp/EOYAmt04529856
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ACTIVITY FEES
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012536
IRS990/OtherRevenueTotalAmt012536
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0315947
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0119392
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt068983
IRS990/OtherSalariesAndWagesGrp/TotalAmt0504322
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01171637
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0945908
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011372
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010192
IRS990/PrincipalOfficerNm0RICK HEDBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02254056
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01678875
IRS990/PYInvestmentIncomeAmt01068932
IRS990/PYOtherExpensesAmt0457094
IRS990/PYOtherRevenueAmt055905
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0833435
IRS990/PYSalariesCompEmpBnftPaidAmt0409489
IRS990/PYTotalExpensesAmt02545458
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03378893
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05310119
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-6949
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/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0456002481
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01409065
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MINOT STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01409065
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/BoardDesignatedBalanceEOYPct00.05010
IRS990ScheduleD/BuildingsGrp/BookValueAmt09781756
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01917045
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt011698801
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt029525716
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01446199
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt035107631
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt06403765
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02268049
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt028214982
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01490651
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt029525716
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01457681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt026550838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01328293
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt028214982
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01735345
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt01399494
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt022614917
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03614940
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt026550838
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01845692
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01524711
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt019780932

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$52,044,466
Liabilities
$10,665,621
Net assets
$41,378,845
Revenue
$7,678,265
Expenses
$2,368,146
Net income
$5,310,119
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