Civic Intelligence

Growth Initiative Fund

990 • Fiscal year 2024 • EIN 45-0431077

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 01, 2025

Organization ProfileN/A
51 Broadway 500Fargo, ND 58102

(701) 364-1900

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2024 filings • NTEE S • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

2024 filings • NTEE S • $5M-$10M nonprofits • Source year 2024

Net Margin

95th percentile

91%

Higher net margin than 95% of similar nonprofits.

2024 filings • NTEE S • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2024 filings • NTEE S • $5M-$10M nonprofits • Source year 2024

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2024 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

903%

Faster revenue growth than 98% of similar nonprofits.

2024 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$9,087,417

Up $681,990 (+8.1%) from 2023

Net Assets

Up

$9,073,375

Up $667,948 (+7.9%) from 2023

Liabilities

Up

$14,042

Up $14,042 from 2023

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin95th percentile

Revenue

Up

$735,425

Up $662,079 (+903%) from 2023

Expenses

Up

$67,477

Up $8,065 (+14%) from 2023

Net Income

Up

$667,948

Up $654,014 (+4694%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

2024

Assets$9,087,417
Liabilities$14,042
Net Assets$9,073,375
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

2024

Revenue$735,425
Expenses$67,477
Net Income$667,948
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$735,425
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$6,947,286$7,356,385▲ $409,099
Savings and Temporary Cash Investments$1,241,053$1,728,638▲ $487,585
Cash and Non-Interest-Bearing Accounts$216,640--
Accounts Receivable-$2,394-
Total Assets$8,405,427$9,087,417▲ $681,990
Other Assets Total$448--
Liabilities
Other Liabilities$0$14,042▲ $14,042
Total Liabilities$0$14,042▲ $14,042
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,405,427$9,073,375▲ $667,948
Total Net Assets Fund Balance$8,405,427$9,073,375▲ $667,948
Total Liabilities and Net Assets / Fund Balance$8,405,427$9,087,417▲ $681,990

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$124,016--
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Steve DusekChair
Lisa YoneyVice Chair
Hari PanjiniDirector
Josh TeigenDirector
Michelle SchumacherDirector
Tom SeymourDirector
Mark VoigtSecretary
Julie WhitneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$650,000
Program Service Revenue
$16,104
Investment Income
$69,321
Other Revenue
$0
Change in Net Assets
$667,948

Audited Revenue Reconciliation

Revenue per Audited Statements
$735,425
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$19,019
Total Revenue per Audited Statements
$754,444
Total Revenue per Form 990
$735,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,977
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$29,096-$29,096
Fees for Services Accounting-$13,635-$13,635
Fees for Services Legal$4,209--$4,209
Grants to Domestic Orgs$2,500--$2,500
Insurance-$1,917-$1,917
Other Expenses$360--$360
Office Expenses$352--$352
Total Functional Expenses$22,829$44,648$0$67,477

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$86,496
Expenses per Audited Statements$67,477
Total Expenses per Form 990$67,477
Expenses Not Reported on Form 990$19,019
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Advance - Noninterest Bearing$14,042
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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 500, FARGO, ND 58102

Signing Officer

Name
Steve Dusek
Title
Chair
Phone
7013641900
Signed
2025-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Dusek
Formed
1993
Legal Domicile
Nd
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Brady Martz & Associates Pc
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

Part XII Line 2C

“No change from prior year”

Financial Statement Notes

PART X, LINE 2:

“It is the opinion of management that the organization has no uncertain tax positions that would be subject to change upon examination. The federal and state income tax returns of the organization are subject to examination by the irs, generally for three years after they were filed.”

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt019019
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt019019
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt029096
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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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
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IRS990ScheduleD/DonatedServicesUseFcltsAmt019019
IRS990ScheduleD/ExpensesNotReportedAmt019019
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt067477
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt07232369
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1124016
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PACE NOTES RECEIVABLES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1EARLY VENTURE MICROLOAN PROGRAM NOTES RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH ADVANCE - NONINTEREST BEARING
IRS990ScheduleD/RevenueNotReportedAmt019019
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0735425
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt07356385
IRS990ScheduleD/TotalExpensesPerForm990Amt067477
IRS990ScheduleD/TotalLiabilityAmt014042
IRS990ScheduleD/TotalRevenuePerForm990Amt0735425
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0754444
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt086496
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1THE 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/ExplanationTxt2MEMBERS 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/ExplanationTxt3THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 WAS SUBMITTED TO THE FULL GOVERNING BOARD ELECTRONICALLY FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD 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/ExplanationTxt6THE ORGANIZATION HAS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08405427
IRS990/TotalAssetsEOYAmt09087417
IRS990/TotalAssetsGrp/BOYAmt08405427
IRS990/TotalAssetsGrp/EOYAmt09087417
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0650000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044648
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022829
IRS990/TotalFunctionalExpensesGrp/TotalAmt067477
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014042
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014042
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08405427
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09073375
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt022829
IRS990/TotalProgramServiceRevenueAmt016104
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt052317
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033108
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0735425
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08405427
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09087417
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt051 BROADWAY SUITE 500
IRS990/USAddress/CityNm0FARGO
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058102
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE DUSEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07013641900
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROWTH INITIATIVE FUND
ReturnHeader/Filer/BusinessNameControlTxt0GROW
ReturnHeader/Filer/EIN0450431077
ReturnHeader/Filer/PhoneNum07013641900
ReturnHeader/Filer/USAddress/AddressLine1Txt051 BROADWAY 500
ReturnHeader/Filer/USAddress/CityNm0FARGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058102
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450310328
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADY MARTZ & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02537 S UNIVERSITY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058103
ReturnHeader/PreparerPersonGrp/PhoneNum07012802100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY ULMER CPA
ReturnHeader/ReturnTs02025-08-20T17:06:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,087,417
Liabilities
$14,042
Net assets
$9,073,375
Revenue
$735,425
Expenses
$67,477
Net income
$667,948
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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