Civic Intelligence

Growth Initiative Fund

990 • Fiscal year 2018 • EIN 45-0431077

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 17, 2019

51 Broadway No 500Fargo, ND 58102

(701) 364-1900

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Asset Growth

45th percentile

0.3%

Faster asset growth than 45% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

35%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$8,337,951

Up $21,795 (+0.3%) from 2017

Net Assets

Up

$8,337,951

Up $21,795 (+0.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$81,899

Up $21,417 (+35%) from 2017

Expenses

Up

$60,104

Up $22,236 (+59%) from 2017

Net Income

Down

$21,795

Down $819 (-3.6%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $8,272,709Liabilities 2011: $0Net Assets 2011: $8,272,7092011Assets 2012: $8,271,595Liabilities 2012: $0Net Assets 2012: $8,271,5952012Assets 2013: $8,249,244Liabilities 2013: $0Net Assets 2013: $8,249,2442013Assets 2014: $8,224,489Liabilities 2014: $0Net Assets 2014: $8,224,4892014Assets 2015: $8,255,779Liabilities 2015: $0Net Assets 2015: $8,255,7792015Assets 2016: $8,294,042Liabilities 2016: $500Net Assets 2016: $8,293,5422016Assets 2017: $8,316,156Liabilities 2017: $0Net Assets 2017: $8,316,1562017Assets 2018: $8,337,951Liabilities 2018: $0Net Assets 2018: $8,337,9512018Assets 2019: $8,378,075Liabilities 2019: $0Net Assets 2019: $8,378,0752019Assets 2020: $8,406,726Liabilities 2020: $0Net Assets 2020: $8,406,7262020Assets 2021: $8,422,506Liabilities 2021: $0Net Assets 2021: $8,422,5062021Assets 2022: $8,391,493Liabilities 2022: $0Net Assets 2022: $8,391,4932022Assets 2023: $8,405,427Liabilities 2023: $0Net Assets 2023: $8,405,4272023Assets 2024: $9,087,417Liabilities 2024: $14,042Net Assets 2024: $9,073,3752024

Highlighted filing

2018

Assets$8,337,951
Liabilities$0
Net Assets$8,337,951

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $32,5892011Expenses 2012: $36,4332012Revenue 2013: $21,687Expenses 2013: $44,038Net Income 2013: -$22,3512013Revenue 2014: $41,136Expenses 2014: $65,891Net Income 2014: -$24,7552014Revenue 2015: $105,890Expenses 2015: $74,600Net Income 2015: $31,2902015Revenue 2016: $51,346Expenses 2016: $13,583Net Income 2016: $37,7632016Revenue 2017: $60,482Expenses 2017: $37,868Net Income 2017: $22,6142017Revenue 2018: $81,899Expenses 2018: $60,104Net Income 2018: $21,7952018Revenue 2019: $83,320Expenses 2019: $43,196Net Income 2019: $40,1242019Revenue 2020: $61,356Expenses 2020: $32,705Net Income 2020: $28,6512020Revenue 2021: $49,631Expenses 2021: $33,851Net Income 2021: $15,7802021Revenue 2022: $41,280Expenses 2022: $72,293Net Income 2022: -$31,0132022Revenue 2023: $73,346Expenses 2023: $59,412Net Income 2023: $13,9342023Revenue 2024: $735,425Expenses 2024: $67,477Net Income 2024: $667,9482024

Highlighted filing

2018

Revenue$81,899
Expenses$60,104
Net Income$21,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 17, 2019
Return Version
2018v3.1
Gross Receipts
$81,899
Mission and Program Overview

Mission

To promote economic development in cass county, north dakota. The corporation shall exist to create and manage financial programs to encourage primary sector job creation in cass county.

To provide support to existing and new businesses in the county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,249,967$4,562,787▲ $1,312,820
Investments in Publicly Traded Securities$3,596,033$2,835,088▼ $760,945
Savings and Temporary Cash Investments$1,347,667$833,954▼ $513,713
Cash and Non-Interest-Bearing Accounts$98,622$85,035▼ $13,587
Accounts Receivable$350$0▼ $350
Total Assets$8,316,156$8,337,951▲ $21,795
Other Assets Total$23,517$21,087▼ $2,430
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$8,316,156$8,337,951▲ $21,795
Total Net Assets Fund Balance$8,316,156$8,337,951▲ $21,795
Total Liabilities and Net Assets / Fund Balance$8,316,156$8,337,951▲ $21,795

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$315,939--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg MastrudChair
Chad SapaVice Chair
Bernie SinnerDirector
Chuck HogeDirector
James BurgumDirector
Shelly KegleySecretary
F John WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,700
Investment Income
$76,199
Other Revenue
$0
Change in Net Assets
$21,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,899
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,064
Total Revenue per Audited Statements
$95,963
Total Revenue per Form 990
$81,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$9,800-$9,800
Fees for Services Legal$6,992--$6,992
Insurance-$1,879-$1,879
Other Expenses$643--$643
Total Functional Expenses$48,425$11,679$0$60,104

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$74,168
Expenses per Audited Statements$60,104
Total Expenses per Form 990$60,104
Expenses Not Reported on Form 990$14,064
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization amended its organizational documents effective 1/1/18 to reflect the change, as accepted by the internal revenue service, from an organization described in irc sections 1709(b)(1)(a)(vi) to a type i supporting organization under irc section 509(a)(3).

Form 990, Part VI, Section A, Line 6

The members of this corporation shall be composed of those persons who are at-large directors, agency directors, and community directors of the greater fargo moorhead economic development corporation (gfmedc). When any person shall cease to be a director of the gfmedc, such person shall cease to be a member of this corporation automatically and without any affirmative action on the part of the corporation.

Form 990, Part VI, Section A, Line 7A

The entity appointing a director shall have the right to remove a director so appointed at any time and appoint a successor for such director. Any vacancy occurring in the board of directors shall be promptly filled by appointment by the entity responsible for selecting such director - one director shall be appointed by the cass county commission and such director shall reside in cass county - one director shall be appointed by the fargo city commission - one director shall be appointed by the west fargo city commission - four directors shall be appointed by the greater fargo moorhead economic development corporation.

Form 990, Part VI, Section A, Line 7B

Members have the right to approve the annual budget of the organization and to make appropriate changes in the budget from time to time.

Form 990, Part VI, Section A, Line 8B

There are no committees with the authority to act on behalf of the board of directors.

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

The form 990 was submitted to the full governing board electronically for their review and approval.

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

Board members sign the conflict of interest statement and policy annually, of which they are expected to uphold their pledge by abiding by it. Board members are expected to abstain from voting on loans with which they may have a conflict of interest issue. The finance/office manager reviews the signed documents and brings up any possible conflicts to the president of greater fargo moorhead economic development corporation.

Form 990, Part VI, Section C, Line 19

The organization has the governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Growth Initiative Fund
EIN
45-0431077
Phone
7013641900
Address
51 BROADWAY NO 500, FARGO, ND 58102

Signing Officer

Name
Greg Mastrud
Title
Chair
Phone
7013641900
Signed
2019-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Mastrud
Formed
1993
Legal Domicile
Nd
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Fiebiger Swanson West & Copllp
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is organized as a north dakota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal and state income taxes under internal revenue code section 501(c)(3) and section 57-38-09 of the north dakota century code, respectively. The organization is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the organization would be subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The organization has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990t) with the irs. The organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

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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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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION, EIN 45-6011769, WAS ADDED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV SECTION A LINE 5A
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt014064
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0456011769
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt014064
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATOIN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt014064
IRS990ScheduleD/DonatedServicesUseFcltsAmt014064
IRS990ScheduleD/ExpensesNotReportedAmt014064
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt060104
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04246848
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1315939
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PACE NOTES RECEIVABLES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1STATE FUNDING PARTNERS CONVERTIBLE NOTES RECEIVABLES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/RevenueNotReportedAmt014064
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt081899
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED AS A NORTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 57-38-09 OF THE NORTH DAKOTA CENTURY CODE, RESPECTIVELY. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION WOULD BE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt04562787
IRS990ScheduleD/TotalExpensesPerForm990Amt060104
IRS990ScheduleD/TotalRevenuePerForm990Amt081899
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt095963
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt074168
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION AMENDED ITS ORGANIZATIONAL DOCUMENTS EFFECTIVE 1/1/18 TO REFLECT THE CHANGE, AS ACCEPTED BY THE INTERNAL REVENUE SERVICE, FROM AN ORGANIZATION DESCRIBED IN IRC SECTIONS 1709(B)(1)(A)(VI) TO A TYPE I SUPPORTING ORGANIZATION UNDER IRC SECTION 509(A)(3).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THIS CORPORATION SHALL BE COMPOSED OF THOSE PERSONS WHO ARE AT-LARGE DIRECTORS, AGENCY DIRECTORS, AND COMMUNITY DIRECTORS OF THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION (GFMEDC). WHEN ANY PERSON SHALL CEASE TO BE A DIRECTOR OF THE GFMEDC, SUCH PERSON SHALL CEASE TO BE A MEMBER OF THIS CORPORATION AUTOMATICALLY AND WITHOUT ANY AFFIRMATIVE ACTION ON THE PART OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTITY APPOINTING A DIRECTOR SHALL HAVE THE RIGHT TO REMOVE A DIRECTOR SO APPOINTED AT ANY TIME AND APPOINT A SUCCESSOR FOR SUCH DIRECTOR. ANY VACANCY OCCURRING IN THE BOARD OF DIRECTORS SHALL BE PROMPTLY FILLED BY APPOINTMENT BY THE ENTITY RESPONSIBLE FOR SELECTING SUCH DIRECTOR - ONE DIRECTOR SHALL BE APPOINTED BY THE CASS COUNTY COMMISSION AND SUCH DIRECTOR SHALL RESIDE IN CASS COUNTY - ONE DIRECTOR SHALL BE APPOINTED BY THE FARGO CITY COMMISSION - ONE DIRECTOR SHALL BE APPOINTED BY THE WEST FARGO CITY COMMISSION - FOUR DIRECTORS SHALL BE APPOINTED BY THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS HAVE THE RIGHT TO APPROVE THE ANNUAL BUDGET OF THE ORGANIZATION AND TO MAKE APPROPRIATE CHANGES IN THE BUDGET FROM TIME TO TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 WAS SUBMITTED TO THE FULL GOVERNING BOARD ELECTRONICALLY FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD MEMBERS SIGN THE CONFLICT OF INTEREST STATEMENT AND POLICY ANNUALLY, OF WHICH THEY ARE EXPECTED TO UPHOLD THEIR PLEDGE BY ABIDING BY IT. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM VOTING ON LOANS WITH WHICH THEY MAY HAVE A CONFLICT OF INTEREST ISSUE. THE FINANCE/OFFICE MANAGER REVIEWS THE SIGNED DOCUMENTS AND BRINGS UP ANY POSSIBLE CONFLICTS TO THE PRESIDENT OF GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08316156
IRS990/TotalAssetsEOYAmt08337951
IRS990/TotalAssetsGrp/BOYAmt08316156
IRS990/TotalAssetsGrp/EOYAmt08337951
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011679
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048425
IRS990/TotalFunctionalExpensesGrp/TotalAmt060104
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08316156
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08337951
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt048425
IRS990/TotalProgramServiceRevenueAmt05700
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051678
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030221
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt081899
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08316156
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08337951
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08316156
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08337951
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt051 BROADWAY SUITE 500
IRS990/USAddress/CityNm0FARGO
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058102
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG MASTRUD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07013641900
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROWTH INITIATIVE FUND
ReturnHeader/Filer/BusinessNameControlTxt0GROW
ReturnHeader/Filer/EIN0450431077
ReturnHeader/Filer/PhoneNum07013641900
ReturnHeader/Filer/USAddress/AddressLine1Txt051 BROADWAY NO 500
ReturnHeader/Filer/USAddress/CityNm0FARGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058102
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId027E66BB27278E9FF0BBC357ADD46F116CA973C23
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03A81705DFE093D214E963E3A0A202668A092D8C4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0206.51.203.162
ReturnHeader/FilingSecurityInformation/IPDt02019-06-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:58:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0416134264
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FIEBIGER SWANSON WEST & COPLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02537 S UNIVERSITY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058103
ReturnHeader/PreparerPersonGrp/PhoneNum07012802100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY ULMER CPA
ReturnHeader/ReturnTs02019-06-21T11:00:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$0.01$9.07$0.74$0.07$0.67
2023Summary only. Only limited summary data is available for this year.$8.41$0.00$8.41$0.07$0.06$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.39$0.00$8.39$0.04$0.07$0.03
2021Summary only. Only limited summary data is available for this year.$8.42$0.00$8.42$0.05$0.03$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.41$0.00$8.41$0.06$0.03$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.38$0.00$8.38$0.08$0.04$0.04
2018Detailed filing. Detailed filing data is available for this year.$8.34$0.00$8.34$0.08$0.06$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.32$0.00$8.32$0.06$0.04$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$0.00$8.29$0.05$0.01$0.04
2015Detailed filing. Detailed filing data is available for this year.$8.26$0.00$8.26$0.11$0.07$0.03
2014Detailed filing. Detailed filing data is available for this year.$8.22$0.00$8.22$0.04$0.07$0.02
2013Detailed filing. Detailed filing data is available for this year.$8.25$0.00$8.25$0.02$0.04$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.27$0.00$8.27$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.27$0.00$8.27$0.03