Civic Intelligence

Bowman County Job Development Inc.

990 • Fiscal year 2022 • EIN 45-0426832

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Box 1143Bowman, ND 58623

(701) 523-5880

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.07x

Higher debt load relative to assets than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

81st percentile

33%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$98,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

76th percentile

19%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,887,705

Up $305,771 (+19%) from 2021

Net Assets

Up

$1,748,380

Up $297,423 (+20%) from 2021

Liabilities

Up

$139,325

Up $8,348 (+6.4%) from 2021

Revenue

Up

$848,264

Up $114,058 (+16%) from 2021

Expenses

Down

$568,259

Down $5,149 (-0.9%) from 2021

Net Income

Up

$280,005

Up $119,207 (+74%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $265,606Liabilities 2010: $30,508Net Assets 2010: $235,0982010Assets 2011: $284,264Liabilities 2011: $57,350Net Assets 2011: $226,9142011Assets 2012: $286,803Liabilities 2012: $51,813Net Assets 2012: $234,9902012Assets 2013: $285,439Liabilities 2013: $45,380Net Assets 2013: $240,0592013Assets 2014: $307,841Liabilities 2014: $33,206Net Assets 2014: $274,6352014Assets 2015: $338,018Liabilities 2015: $73,803Net Assets 2015: $264,2152015Assets 2016: $420,600Liabilities 2016: $153,949Net Assets 2016: $266,6512016Assets 2017: $543,757Liabilities 2017: $175,755Net Assets 2017: $368,0022017Assets 2018: $583,042Liabilities 2018: $195,381Net Assets 2018: $387,6612018Assets 2019: $1,380,941Liabilities 2019: $152,167Net Assets 2019: $1,228,7742019Assets 2020: $1,446,264Liabilities 2020: $147,531Net Assets 2020: $1,298,7332020Assets 2021: $1,581,934Liabilities 2021: $130,977Net Assets 2021: $1,450,9572021Assets 2022: $1,887,705Liabilities 2022: $139,325Net Assets 2022: $1,748,3802022Assets 2023: $2,598,209Liabilities 2023: $110,843Net Assets 2023: $2,487,3662023Assets 2024: $2,936,512Liabilities 2024: $89,250Net Assets 2024: $2,847,2622024

Highlighted filing

2022

Assets$1,887,705
Liabilities$139,325
Net Assets$1,748,380

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $179,563Expenses 2010: $151,366Net Income 2010: $28,1972010Revenue 2011: $190,727Expenses 2011: $198,532Net Income 2011: -$7,8052011Revenue 2012: $181,600Expenses 2012: $172,443Net Income 2012: $9,1572012Revenue 2013: $192,345Expenses 2013: $189,628Net Income 2013: $2,7172013Revenue 2014: $184,121Expenses 2014: $151,571Net Income 2014: $32,5502014Revenue 2015: $356,794Expenses 2015: $369,505Net Income 2015: -$12,7112015Revenue 2016: $569,428Expenses 2016: $562,696Net Income 2016: $6,7322016Revenue 2017: $393,113Expenses 2017: $327,405Net Income 2017: $65,7082017Revenue 2018: $428,781Expenses 2018: $411,968Net Income 2018: $16,8132018Revenue 2019: $711,926Expenses 2019: $507,833Net Income 2019: $204,0932019Revenue 2020: $639,511Expenses 2020: $638,011Net Income 2020: $1,5002020Revenue 2021: $734,206Expenses 2021: $573,408Net Income 2021: $160,7982021Revenue 2022: $848,264Expenses 2022: $568,259Net Income 2022: $280,0052022Revenue 2023: $1,527,795Expenses 2023: $784,112Net Income 2023: $743,6832023Revenue 2024: $1,365,113Expenses 2024: $1,004,848Net Income 2024: $360,2652024

Highlighted filing

2022

Revenue$848,264
Expenses$568,259
Net Income$280,005
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,238,854
Mission and Program Overview

Mission

To promote economic development in bowman county, north dakota

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$687,890$898,725▲ $210,835
Land, Buildings, and Equipment, Net$860,517$850,161▼ $10,356
Total Assets$1,581,934$1,887,705▲ $305,771
Other Assets Total$33,527$138,819▲ $105,292
Liabilities
Unsecured Notes Loans Payable$121,023$132,377▲ $11,354
Accounts Payable and Accrued Expenses$9,954$6,948▼ $3,006
Total Liabilities$130,977$139,325▲ $8,348
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,450,957$1,748,380▲ $297,423
Total Net Assets Fund Balance$1,450,957$1,748,380▲ $297,423
Total Liabilities and Net Assets / Fund Balance$1,581,934$1,887,705▲ $305,771

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$390,161$163,979$554,140
Land$460,000-$460,000
Other Assets Org$5,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teran DoerrExec. DirectFT$95,240$2,760$98,000

Board Members and Trustees

NameTitle
Joshua StuchlPresident
Alan PetersDirector
Jason AndersonDirector
Kristy PagelDirector
Leah BenzDirector
Lyn JamesDirector
Rick BraatenDirector
Rocky WallmanDirector
Wayne HeckamanDirector
Duane BowmanSecretary
Kevin BucholzTreasurer
Scott HardyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$415,944
Program Service Revenue
$169,033
Investment Income
$32,724
Other Revenue
$230,563
All Other Contributions
$149,490
Change in Net Assets
$280,005
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$308,933
Other Expenses$259,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$175,980--$175,980
Current Officers, Directors, Trustees, and Key Employees$39,200$58,800-$98,000
Occupancy-$34,394-$34,394
Depreciation Depletion$31,156--$31,156
Payroll Taxes$20,073--$20,073
All Other Expenses$17,701--$17,701
Travel-$16,637-$16,637
Other Expenses$10,982--$10,982
Other Employee Benefits$10,354--$10,354
Insurance-$9,805-$9,805
Fees for Services Other-$5,490-$5,490
Information Technology-$5,367-$5,367
Fees for Services Accounting-$4,988-$4,988
Pension Plan Contributions$4,526--$4,526
Advertising-$4,125-$4,125
Office Expenses-$1,686-$1,686
Fees for Services Legal-$945-$945
Total Functional Expenses$426,022$142,237$0$568,259
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$592,318
Gaming Direct Expenses$361,755
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Bowman County Job Development Inc
EIN
45-0426832
Phone
7015235880
Address
BOX 1143, BOWMAN, ND 58623

Signing Officer

Name
Teran Doerr
Title
Exec. Director
Phone
7015235880
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teran Doerr
Legal Domicile
Nd
Voting Board Members
12
Independent Board Members
12
Employees
17
Volunteers
10

Preparer

Firm
Benz Noreen Financial
Address
PO BOX 104, BOWMAN, ND 58623-0104
Preparer
Kathleen Noreen
Phone
7015235696
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Promote economic development in the bowman county area

Form 990, Part XI, Line 9

Book / tax depreciation difference 11,102 ppa 6,316 total 17,418

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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158485
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110548
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158485
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110548
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTE ECONOMIC DEVELOPMENT IN THE BOWMAN COUNTY AREA
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0421803
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01451
IRS990/PYOtherExpensesAmt0269741
IRS990/PYOtherRevenueAmt0185457
IRS990/PYProgramServiceRevenueAmt0125495
IRS990/PYRevenuesLessExpensesAmt0160798
IRS990/PYSalariesCompEmpBnftPaidAmt0303667
IRS990/PYTotalExpensesAmt0573408
IRS990/PYTotalRevenueAmt0734206
IRS990/ReconcilationRevenueExpnssAmt0280005
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0169033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0415944
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0421803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0445800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0542706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0206733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02032986
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01238
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03710
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02180455
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99820
IRS990ScheduleA/PublicSupportPY170Pct00.99780
IRS990ScheduleA/PublicSupportTotal170Amt02032986
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0415944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0421803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0445800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0542706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0206733
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02032986
IRS990ScheduleA/TotalSupportAmt02036696
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0460000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0460000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053191
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt152645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt227810
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MICRO LOAN RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PACE FUND RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REVOLVING LOAN CD
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3GAMING EQUIPMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0390161
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0163979
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0554140
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0850161
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0138819
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0361755
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0592318
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0592318
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0230563
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0337084
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0337084
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt024671
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt024671
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerIsIndCntrctInd0X
IRS990ScheduleG/GamingManagerPersonNm0THOMAS SEDEVIE
IRS990ScheduleG/GamingManagerServicesProvTxt0OVERSEES ALL GAMING ACTIVITIES
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0DEBBIE BUCHOLZ
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt013 1/2 EAST DIVIDE
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0BOWMAN
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0ND
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd058623
IRS990ScheduleG/StatesWhereGamingConductedCd0ND
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE ECONOMIC DEVELOPMENT IN THE BOWMAN COUNTY AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 11,102 PPA 6,316 TOTAL 17,418
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01581934
IRS990/TotalAssetsEOYAmt01887705
IRS990/TotalAssetsGrp/BOYAmt01581934
IRS990/TotalAssetsGrp/EOYAmt01887705
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0415944
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142237
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0426022
IRS990/TotalFunctionalExpensesGrp/TotalAmt0568259
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0130977
IRS990/TotalLiabilitiesEOYAmt0139325
IRS990/TotalLiabilitiesGrp/BOYAmt0130977
IRS990/TotalLiabilitiesGrp/EOYAmt0139325
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01450957
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01748380
IRS990/TotalOtherCompensationAmt02760
IRS990/TotalProgramServiceExpensesAmt0426022
IRS990/TotalProgramServiceRevenueAmt0169033
IRS990/TotalReportableCompFromOrgAmt095240
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0432320
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0848264
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01581934
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01887705

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.09$2.85$1.37$1.00$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.11$2.49$1.53$0.78$0.74
2022Detailed filing. Detailed filing data is available for this year.$1.89$0.14$1.75$0.85$0.57$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.13$1.45$0.73$0.57$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.15$1.30$0.64$0.64$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.15$1.23$0.71$0.51$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.20$0.39$0.43$0.41$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.18$0.37$0.39$0.33$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.15$0.27$0.57$0.56$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.07$0.26$0.36$0.37$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.27$0.18$0.15$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.05$0.24$0.19$0.19$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.05$0.23$0.18$0.17$0.01
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.06$0.23$0.19$0.20$0.01
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.03$0.24$0.18$0.15$0.03