Civic Intelligence

Bowman County Job Development Inc.

990 • Fiscal year 2023 • EIN 45-0426832

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

74th percentile

$115,617

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

86th percentile

38%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

80%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,598,209

Up $710,504 (+38%) from 2022

Net Assets

Up

$2,487,366

Up $738,986 (+42%) from 2022

Liabilities

Down

$110,843

Down $28,482 (-20%) from 2022

Revenue

Up

$1,527,795

Up $679,531 (+80%) from 2022

Expenses

Up

$784,112

Up $215,853 (+38%) from 2022

Net Income

Up

$743,683

Up $463,678 (+166%) from 2022

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

2023

Assets$2,598,209
Liabilities$110,843
Net Assets$2,487,366

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

2023

Revenue$1,527,795
Expenses$784,112
Net Income$743,683
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$2,079,716
Mission and Program Overview

Mission

To promote economic development in bowman county, north dakota

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$850,161$1,745,210▲ $895,049
Cash and Non-Interest-Bearing Accounts$898,725$652,560▼ $246,165
Total Assets$1,887,705$2,598,209▲ $710,504
Other Assets Total$138,819$200,439▲ $61,620
Liabilities
Unsecured Notes Loans Payable$132,377$101,965▼ $30,412
Accounts Payable and Accrued Expenses$6,948$8,878▲ $1,930
Total Liabilities$139,325$110,843▼ $28,482
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,748,380$2,487,366▲ $738,986
Total Net Assets Fund Balance$1,748,380$2,487,366▲ $738,986
Total Liabilities and Net Assets / Fund Balance$1,887,705$2,598,209▲ $710,504

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,300,229$189,790$1,490,019
Land$444,981-$444,981
Other Assets Org$5,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teran DoerrExec. DirectFT$112,328$3,289$115,617

Board Members and Trustees

NameTitle
Joshua StuchlPresident
Alan PetersDirector
Alicia HessDirector
Dustin SwansonDirector
Jason AndersonDirector
Kristy PagelDirector
Lyn JamesDirector
Rick BraatenDirector
Rocky WallmanDirector
Duane BowmanSecretary
Kevin BucholzTreasurer
Scott HardyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$901,626
Program Service Revenue
$231,943
Investment Income
$78,796
Other Revenue
$315,430
All Other Contributions
$226,562
Change in Net Assets
$743,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$405,784
Salaries, Compensation, and Employee Benefits$378,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$229,318--$229,318
Current Officers, Directors, Trustees, and Key Employees$46,247$69,370-$115,617
Office Expenses-$62,113-$62,113
Fees for Services Management-$53,254-$53,254
Other Expenses$30,621--$30,621
Payroll Taxes$24,893--$24,893
Occupancy-$24,393-$24,393
Depreciation Depletion$18,313--$18,313
Insurance-$13,275-$13,275
Travel-$11,233-$11,233
Pension Plan Contributions$5,253--$5,253
Other Employee Benefits$3,247--$3,247
Fees for Services Accounting-$2,295-$2,295
Information Technology-$1,903-$1,903
Advertising-$912-$912
Fees for Services Legal-$381-$381
Total Functional Expenses$544,983$239,129$0$784,112
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$857,435
Gaming Direct Expenses$542,005
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
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teran Doerr
Legal Domicile
Nd
Voting Board Members
12
Independent Board Members
12
Employees
14
Volunteers
5

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 -7,508 ppa 2,811 total -4,697

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IRS990/ProgramServiceRevenueGrp/Desc0CONTRACTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0227943
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0227943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTE ECONOMIC DEVELOPMENT IN THE BOWMAN COUNTY AREA
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0415944
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt032724
IRS990/PYOtherExpensesAmt0259326
IRS990/PYOtherRevenueAmt0230563
IRS990/PYProgramServiceRevenueAmt0169033
IRS990/PYRevenuesLessExpensesAmt0280005
IRS990/PYSalariesCompEmpBnftPaidAmt0308933
IRS990/PYTotalExpensesAmt0568259
IRS990/PYTotalRevenueAmt0848264
IRS990/ReconcilationRevenueExpnssAmt0743683
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0231943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0901626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0415944
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0421803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0445800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0542706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02727879
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01521
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02472
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03056960
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct00.99820
IRS990ScheduleA/PublicSupportTotal170Amt02727879
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0901626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0415944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0421803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0445800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0542706
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02727879
IRS990ScheduleA/TotalSupportAmt02730351
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0444981
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0444981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0111041
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150803
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233422
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REVOLVING LOAN CD
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MICRO LOAN RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PACE FUND RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3GAMING EQUIPMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01300229
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0189790
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01490019
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01745210
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0200439
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0542005
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0857435
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0857435
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0315430
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0508455
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0508455
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt033550
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt033550
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt037512
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 -7,508 PPA 2,811 TOTAL -4,697
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/TotalAssetsBOYAmt01887705
IRS990/TotalAssetsEOYAmt02598209
IRS990/TotalAssetsGrp/BOYAmt01887705
IRS990/TotalAssetsGrp/EOYAmt02598209
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0901626
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0239129
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0544983
IRS990/TotalFunctionalExpensesGrp/TotalAmt0784112
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0139325
IRS990/TotalLiabilitiesEOYAmt0110843
IRS990/TotalLiabilitiesGrp/BOYAmt0139325
IRS990/TotalLiabilitiesGrp/EOYAmt0110843
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01748380
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02487366
IRS990/TotalOtherCompensationAmt03289
IRS990/TotalProgramServiceExpensesAmt0544983
IRS990/TotalProgramServiceRevenueAmt0231943
IRS990/TotalReportableCompFromOrgAmt0112328
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0626169
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01527795
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01887705
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02598209
IRS990/TravelGrp/ManagementAndGeneralAmt011233

Document Assets

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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
2023Detailed filing. Detailed filing data is available for this year.$2.60$0.11$2.49$1.53$0.78$0.74
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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