Civic Intelligence

Oak Grove Lutheran High School Foundation

990 • Fiscal year 2014 • EIN 45-0422983

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 18, 2015

Organization ProfileN/A
124 North Terrace58102

(701) 237-0210

Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

1.20x

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

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Net Margin

4th percentile

-94%

Higher net margin than 4% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

18th percentile

$0

Higher top officer pay than 18% of similar nonprofits.

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

2014 filings • NTEE B • $10M-$25M nonprofits • Source year 2014

Asset Growth

56th percentile

4.7%

Faster asset growth than 56% of similar nonprofits.

2014 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$10,314,821

Up $466,809 (+4.7%) from 2013

Net Assets

Up

$9,897,187

Up $543,994 (+5.8%) from 2013

Liabilities

Down

$417,634

Down $77,185 (-16%) from 2013

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin4th percentile

Revenue

$349,430

No earlier filing loaded for comparison.

Expenses

Up

$678,723

Up $109,806 (+19%) from 2013

Net Income

-$329,293

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,089,397Liabilities 2010: $912,793Net Assets 2010: $5,176,6042010Assets 2011: $9,368,787Liabilities 2011: $829,579Net Assets 2011: $8,539,2082011Assets 2012: $9,242,558Liabilities 2012: $997,565Net Assets 2012: $8,244,9932012Assets 2013: $9,848,012Liabilities 2013: $494,819Net Assets 2013: $9,353,1932013Assets 2014: $10,314,821Liabilities 2014: $417,634Net Assets 2014: $9,897,1872014Assets 2015: $9,367,834Liabilities 2015: $464,746Net Assets 2015: $8,903,0882015Assets 2016: $8,922,353Liabilities 2016: $406,180Net Assets 2016: $8,516,1732016Assets 2017: $9,088,013Liabilities 2017: $276,520Net Assets 2017: $8,811,4932017Assets 2018: $9,467,002Liabilities 2018: $252,653Net Assets 2018: $9,214,3492018Assets 2019: $7,428,307Liabilities 2019: $220,835Net Assets 2019: $7,207,4722019Assets 2020: $7,357,068Liabilities 2020: $180,865Net Assets 2020: $7,176,2032020Assets 2021: $9,629,699Liabilities 2021: $1,003,438Net Assets 2021: $8,626,2612021Assets 2022: $9,308,921Liabilities 2022: $1,314,458Net Assets 2022: $7,994,4632022Assets 2023: $10,731,314Liabilities 2023: $1,867,917Net Assets 2023: $8,863,3972023Assets 2024: $11,871,351Liabilities 2024: $1,685,302Net Assets 2024: $10,186,0492024

Highlighted filing

2014

Assets$10,314,821
Liabilities$417,634
Net Assets$9,897,187
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $886,8722010Expenses 2011: $270,8682011Revenue 2012: -$18,942Expenses 2012: $465,081Net Income 2012: -$484,0232012Expenses 2013: $568,9172013Revenue 2014: $349,430Expenses 2014: $678,723Net Income 2014: -$329,2932014Revenue 2015: $332,031Expenses 2015: $1,491,874Net Income 2015: -$1,159,8432015Revenue 2016: $228,997Expenses 2016: $510,766Net Income 2016: -$281,7692016Revenue 2017: $281,842Expenses 2017: $666,746Net Income 2017: -$384,9042017Revenue 2018: $1,048,102Expenses 2018: $323,425Net Income 2018: $724,6772018Revenue 2019: $771,758Expenses 2019: $3,079,839Net Income 2019: -$2,308,0812019Revenue 2020: $179,507Expenses 2020: $352,143Net Income 2020: -$172,6362020Revenue 2021: $175,280Expenses 2021: $305,888Net Income 2021: -$130,6082021Revenue 2022: $464,574Expenses 2022: $287,669Net Income 2022: $176,9052022Revenue 2023: $300,468Expenses 2023: $280,092Net Income 2023: $20,3762023Revenue 2024: $1,032,874Expenses 2024: $457,861Net Income 2024: $575,0132024

Highlighted filing

2014

Revenue$349,430
Expenses$678,723
Net Income-$329,293
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 18, 2015
Return Version
2013v4.0
Gross Receipts
$691,680
Mission and Program Overview

Mission

Provide tuition assistance to oak grove students and financial support for the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,900,081$5,400,030▲ $499,949
Investments Other Securities$3,227,500$3,227,500→ $0
Other Notes and Loans Receivable, Net$992,814$992,726▼ $88
Land, Buildings, and Equipment, Net$229,010$222,510▼ $6,500
Savings and Temporary Cash Investments$276,692$206,364▼ $70,328
Cash and Non-Interest-Bearing Accounts$113,342$123,907▲ $10,565
Pledges and Grants Receivable$108,573$117,170▲ $8,597
Accounts Receivable-$0-
Total Assets$9,848,012$10,314,821▲ $466,809
Other Assets Total$0$24,614▲ $24,614
Liabilities
Other Liabilities$494,819$417,634▼ $77,185
Total Liabilities$494,819$417,634▼ $77,185
Net Assets / Fund Balance
Unrestricted Net Assets$4,377,727$4,576,407▲ $198,680
Permanently Rstr Net Assets$4,308,940$4,406,273▲ $97,333
Temporarily Rstr Net Assets$666,526$914,507▲ $247,981
Total Net Assets Fund Balance$9,353,193$9,897,187▲ $543,994
Total Liabilities and Net Assets / Fund Balance$9,848,012$10,314,821▲ $466,809

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$222,510$37,490$260,000
Other Securities$3,227,500--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$4,178,132$97,333▲ $237,288-$4,443,194
2012$3,108,556$678,194▲ $458,390-$4,178,132
2011$2,917,393$4,055▲ $192,101-$3,108,556
2010$2,989,702$70,059▼ $89,197-$2,917,393
2009$3,622,629$33,765▲ $393,589$1,000,000$2,989,702
Compensation and Service Providers
Top Officer Pay18th percentile

Board Members and Trustees

NameTitle
Steve JohnsonChair
Michael a SlettePresident
Dan BueideVice Chair
Brian BraschDirector
Laura HvidstonDirector
Roger OlsonDirector
Tami NorgardDirector
Marietta WahlCFO
Coke BottrellSecretary
Dr Jon DangerfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,761
Program Service Revenue
$0
Investment Income
$209,533
Other Revenue
$31,136
All Other Contributions
$108,761
Change in Net Assets
$-329,293

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,199,217
Revenue Not Reported on Financial Statements
$-849,787
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-849,787
Total Revenue per Audited Statements
$1,199,217
Total Revenue per Form 990
$349,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$535,729
Other Expenses$142,994
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$535,729--$535,729
Other Expenses$21,583--$21,583
Fees for Service Investment Mgmnt Fees$19,080--$19,080
Depreciation Depletion$6,500--$6,500
Total Functional Expenses$678,723$0$0$678,723

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$679,837
Expenses per Audited Statements$678,723
Total Expenses per Form 990$678,723
Expenses Not Reported on Form 990$1,114
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
45-0226473-501(c)(3)Academics$535,729
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
Annuity Contracts$417,634
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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 received an electronic copy of the 990 and approved before filing with a majority vote.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

EIN
45-0422983
Phone
7012370210

Signing Officer

Name
Mike Slette
Title
President
Phone
7012370210
Signed
2015-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Slette
Formed
1992
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Preparer
Ralph Hansen CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in calculated value of annuities 77,185.”

Form 990, Part XII, Ln 2C

“The policies and procedures in place for selecting an independent accountant and oversight of the annual audit have not changed during the current year.”

Financial Statement Notes

PART V, LINE 4:

“The foundation receives and maintains funds to provide tuition aid and scholarship support to the students of oak grove lutheran school.”

PART X, LINE 2:

“According to gaap, the school is required to record a liability for uncertain tax positions when it is more likely than not that a loss has been incurred and the amount can be reasonably estimated. As of june 30, 2014, no such liability existed. Management will continually evaluate expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Change in present value of annuities -771,488. Change in present value of interest agreements -77,185. Rental expenses -1,114.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 1,114.”

Raw XML AppendixShowing 400 of 489 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/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE TUITION ASSISTANCE TO OAK GROVE STUDENTS AND FINANCIAL SUPPORT FOR THE SCHOOL.
IRS990/AllOtherContributionsAmt0108761
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07012370210
IRS990/BooksInCareOfDetail/USAddress/AddressLine10124 NORTH TERRACE
IRS990/BooksInCareOfDetail/USAddress/City0FARGO
IRS990/BooksInCareOfDetail/USAddress/State0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCode058102
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0113342
IRS990/CashNonInterestBearingGrp/EOYAmt0123907
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0108761
IRS990/CYGrantsAndSimilarPaidAmt0535729
IRS990/CYInvestmentIncomeAmt0209533
IRS990/CYOtherExpensesAmt0142994
IRS990/CYOtherRevenueAmt031136
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-329293
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0678723
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0349430
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06500
IRS990/DepreciationDepletionGrp/TotalAmt06500
IRS990/Desc0THE PURPOSE OF THE FOUNDATION IS TO RECEIVE AND MANAGE DONATIONS IN SUPPORT OF OAK GROVE LUTHERAN SCHOOLS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0678723
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt019080
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt019080
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/PersonNm0COKE BOTTRELL
IRS990/Form990PartVIISectionAGrp/PersonNm1DAN BUEIDE
IRS990/Form990PartVIISectionAGrp/PersonNm2TAMI NORGARD
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BRASCH
IRS990/Form990PartVIISectionAGrp/PersonNm4DR JON DANGERFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA HVIDSTON
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm7ROGER OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL A SLETTE
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIETTA WAHL
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/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/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt068864
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0535729
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0535729
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0535729
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0410000
IRS990/GrossReceiptsAmt0691680
IRS990/GrossRentsGrp/RealAmt032250
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0140669
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0140669
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03227500
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03227500
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04900081
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05400030
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LandBldgEquipAccumDeprecAmt037490
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0229010
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0222510
IRS990/LandBldgEquipCostOrOtherBssAmt0260000
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0341136
IRS990/LessRentalExpensesGrp/RealAmt01114
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE TUITION ASSISTANCE TO OAK GROVE STUDENTS AND FINANCIAL SUPPORT FOR THE SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09353193
IRS990/NetAssetsOrFundBalancesEOYAmt09897187
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt068864
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt068864
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt031136
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt031136
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0771488
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt024614
IRS990/OtherChangesInNetAssetsAmt077185
IRS990/OtherExpensesGrp/Desc0ANNUITY PAYMENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt095831
IRS990/OtherExpensesGrp/ProgramServicesAmt121583
IRS990/OtherExpensesGrp/TotalAmt095831
IRS990/OtherExpensesGrp/TotalAmt121583
IRS990/OtherLiabilitiesGrp/BOYAmt0494819
IRS990/OtherLiabilitiesGrp/EOYAmt0417634
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0992814
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0992726
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04308940
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04406273
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0108573
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0117170
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MIKE SLETTE
IRS990/PriorPeriodAdjustmentsAmt024614
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0378194
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0418557
IRS990/PYInvestmentIncomeAmt0144944
IRS990/PYOtherExpensesAmt0150360
IRS990/PYOtherRevenueAmt033750
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-12029
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0568917
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0556888
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-329293
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt031136
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0276692
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0206364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0108761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0378194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03751312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt091859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0159891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04490017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0172919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0171667
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0127664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0117491
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0144106
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0733847
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84120
IRS990ScheduleA/PublicSupportPY170Pct00.84330
IRS990ScheduleA/PublicSupportTotal170Amt04394494
IRS990ScheduleA/SubstantialContributorsTotAmt095523
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0108761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0378194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03751312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt091859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0159891
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04490017
IRS990ScheduleA/TotalSupportAmt05223864
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/BoardDesignatedBalanceEOYPct00.01000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0222510
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037490
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0260000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt015687
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04178132
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt097333
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04443194
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053872
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0237288
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt013771
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03108556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0678194
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04178132
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt053237
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0458390
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt04993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02917393
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04055
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03108556
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0192101
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011372
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02989702
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt070059
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02917393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt041799
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-89197
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt011585
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03622629
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt033765
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02989702
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt048696
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0393589
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01000000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt01114
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0678723
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt01114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0417634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ANNUITY CONTRACTS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-849787
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03227500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LAND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.99000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-849787
IRS990ScheduleD/RevenueSubtotalAmt01199217
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECEIVES AND MAINTAINS FUNDS TO PROVIDE TUITION AID AND SCHOLARSHIP SUPPORT TO THE STUDENTS OF OAK GROVE LUTHERAN SCHOOL.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCORDING TO GAAP, THE SCHOOL IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF JUNE 30, 2014, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGE IN PRESENT VALUE OF ANNUITIES -771,488. CHANGE IN PRESENT VALUE OF INTEREST AGREEMENTS -77,185. RENTAL EXPENSES -1,114.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES 1,114.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0222510
IRS990ScheduleD/TotalBookValueSecuritiesAmt03227500
IRS990ScheduleD/TotalExpensesPerForm990Amt0678723
IRS990ScheduleD/TotalLiabilityAmt0417634
IRS990ScheduleD/TotalRevenuePerForm990Amt0349430
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01199217
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0679837
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0535729
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ACADEMICS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10OAK GROVE LUTHERAN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0450226473
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10124 NORTH TERRACE
IRS990ScheduleI/RecipientTable/USAddress/City0FARGO
IRS990ScheduleI/RecipientTable/USAddress/State0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode058102
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FUNDS ARE TRANSFERRED DIRECTLY TO OAK GROVE LUTHERAN SCHOOL ON BEHALF OF THE STUDENTS RECEIVING THE SCHOLARSHIPS, ENSURING ALL SCHOLARSHIPS ARE USED FOR THEIR INTENDED PURPOSE OF TUITION ASSISTANCE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD RECEIVED AN ELECTRONIC COPY OF THE 990 AND APPROVED BEFORE FILING WITH A MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN CALCULATED VALUE OF ANNUITIES 77,185.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICIES AND PROCEDURES IN PLACE FOR SELECTING AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE ANNUAL AUDIT HAVE NOT CHANGED DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LN 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10OAK GROVE LUTHERAN SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0450226473
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ACADEMICS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10124 NORTH TERRACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0FARGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode058102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,314,821
Liabilities
$417,634
Net assets
$9,897,187
Revenue
$349,430
Expenses
$678,723
Net income
-$329,293
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$1.69$10.2$1.03$0.46$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$1.87$8.86$0.30$0.28$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.31$1.31$7.99$0.46$0.29$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.63$1.00$8.63$0.18$0.31$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.36$0.18$7.18$0.18$0.35$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.43$0.22$7.21$0.77$3.08$2.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.47$0.25$9.21$1.05$0.32$0.72
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$0.28$8.81$0.28$0.67$0.38
2016Detailed filing. Detailed filing data is available for this year.$8.92$0.41$8.52$0.23$0.51$0.28
2015Detailed filing. Detailed filing data is available for this year.$9.37$0.46$8.90$0.33$1.49$1.16
2014Detailed filing. Detailed filing data is available for this year.$10.3$0.42$9.90$0.35$0.68$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.85$0.49$9.35$0.57
2012Summary only. Only limited summary data is available for this year.$9.24$1.00$8.24$0.02$0.47$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.37$0.83$8.54$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$0.91$5.18$0.89