Civic Intelligence

Sheyenne Valley Community Foundation

990 • Fiscal year 2017 • EIN 46-4371645

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2017

PO Box 724Valley City, ND 58072

(701) 490-3889

Siviq Scores

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

Liabilities / Assets

98th percentile

0.77x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • NTEE T • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

2.53x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • NTEE T • $1M-$5M nonprofits • Source year 2017

Net Margin

74th percentile

48%

Higher net margin than 74% of similar nonprofits.

2017 filings • NTEE T • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • NTEE T • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

8.7%

Faster asset growth than 68% of similar nonprofits.

2017 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

79%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,012,734

Up $80,855 (+8.7%) from 2016

Net Assets

Up

$236,644

Up $150,420 (+174%) from 2016

Liabilities

Down

$776,090

Down $69,565 (-8.2%) from 2016

Revenue

Up

$306,934

Up $135,204 (+79%) from 2016

Expenses

Up

$159,422

Up $7,323 (+4.8%) from 2016

Net Income

Up

$147,512

Up $127,881 (+651%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $559Liabilities 2014: $02014Assets 2015: $1,335,898Liabilities 2015: $1,269,305Net Assets 2015: $66,5932015Assets 2016: $931,879Liabilities 2016: $845,655Net Assets 2016: $86,2242016Assets 2017: $1,012,734Liabilities 2017: $776,090Net Assets 2017: $236,6442017Assets 2018: $1,051,515Liabilities 2018: $765,178Net Assets 2018: $286,3372018Assets 2019: $1,181,750Liabilities 2019: $771,962Net Assets 2019: $409,7882019Assets 2020: $1,116,383Liabilities 2020: $675,500Net Assets 2020: $440,8832020Assets 2021: $1,298,023Liabilities 2021: $631,748Net Assets 2021: $666,2752021Assets 2022: $1,056,243Liabilities 2022: $415,353Net Assets 2022: $640,8902022Assets 2023: $1,020,413Liabilities 2023: $439,417Net Assets 2023: $580,9962023Assets 2024: $1,024,090Liabilities 2024: $375,001Net Assets 2024: $649,0892024Assets 2025: $1,178,363Liabilities 2025: $416,801Net Assets 2025: $761,5622025

Highlighted filing

2017

Assets$1,012,734
Liabilities$776,090
Net Assets$236,644

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $5,000Expenses 2014: $4,441Net Income 2014: $5592014Revenue 2015: $2,168,182Expenses 2015: $2,102,148Net Income 2015: $66,0342015Revenue 2016: $171,730Expenses 2016: $152,099Net Income 2016: $19,6312016Revenue 2017: $306,934Expenses 2017: $159,422Net Income 2017: $147,5122017Revenue 2018: $223,125Expenses 2018: $168,568Net Income 2018: $54,5572018Revenue 2019: $272,655Expenses 2019: $151,780Net Income 2019: $120,8752019Revenue 2020: $181,496Expenses 2020: $167,578Net Income 2020: $13,9182020Revenue 2021: $281,506Expenses 2021: $144,557Net Income 2021: $136,9492021Revenue 2022: $299,938Expenses 2022: $197,666Net Income 2022: $102,2722022Revenue 2023: $113,326Expenses 2023: $197,551Net Income 2023: -$84,2252023Revenue 2024: $217,355Expenses 2024: $196,691Net Income 2024: $20,6642024Revenue 2025: $162,393Expenses 2025: $88,263Net Income 2025: $74,1302025

Highlighted filing

2017

Revenue$306,934
Expenses$159,422
Net Income$147,512
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$332,491
Mission and Program Overview

Mission

Organized and operated to receive, manage and distribute gifts made to the Foundation for charitable, religious, educational, scientific or literary purposes within Barnes, Ransom and Griggs Counties of North Dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$824,320$713,420▼ $110,900
Investments in Publicly Traded Securities$57,917$166,707▲ $108,790
Cash and Non-Interest-Bearing Accounts$49,642$132,607▲ $82,965
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$931,879$1,012,734▲ $80,855
Liabilities
Other Liabilities$844,545$774,982▼ $69,563
Accounts Payable and Accrued Expenses$1,110$1,108▼ $2
Total Liabilities$845,655$776,090▼ $69,565
Net Assets / Fund Balance
Temporarily Rstr Net Assets$46,697$149,071▲ $102,374
Permanently Rstr Net Assets$24,192$67,719▲ $43,527
Unrestricted Net Assets$15,335$19,854▲ $4,519
Total Net Assets Fund Balance$86,224$236,644▲ $150,420
Total Liabilities and Net Assets / Fund Balance$931,879$1,012,734▲ $80,855

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,081$1,081

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$70,889$243,662▲ $3,046-$216,791
2016$28,450$134,101▲ $1,692-$70,889
2015-$2,057,393▲ $3,196-$28,450
Compensation and Service Providers

Board Members and Trustees

NameTitle
George GauklerPast President
David BeierlePresident
Derek JungelsDirector
Hilde Van GijsselDirector
James JensenDirector
Jan StowmanDirector
Kandice PlagensDirector
Loni TrappDirector
Mary Lee NielsonDirector
Ray BraunDirector
Sharon BuhrDirector
Alicia HoffarthSecretary/treasurer (non-v
Revenue and Support

Revenue Composition

Contributions and Grants
$306,529
Program Service Revenue
$0
Investment Income
$405
Other Revenue
$0
All Other Contributions
$305,179
Change in Net Assets
$147,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$92,504
Salaries, Compensation, and Employee Benefits$55,300
Total Fundraising Expense$29,117
Other Expenses$11,618
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$92,504--$92,504
Other Salaries and Wages-$27,818$23,618$51,436
Fees for Service Investment Mgmnt Fees-$4,102-$4,102
Payroll Taxes-$2,560$1,304$3,864
Conferences and Meetings--$2,630$2,630
Office Expenses-$1,229$777$2,006
Fees for Services Accounting-$1,500-$1,500
Other Expenses-$592$225$225
Advertising--$147$147
Travel--$65$65
Total Functional Expenses$92,504$37,801$29,117$159,422
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley City Park DistrictValley City, ND-The Foundation provides funds to Valley City Park District for construction of the Valley City Wellness Center and Wellness for All program that subsidizes memberships for those in need.$79,295
City-County Health DistrictValley City, ND-Provide funds to City-County Health District of Valley City, ND to assist with providing valued health services to individuals in the community and surrounding area.$9,483
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
Due to Valley City Park Board$681,615
Amount Held in Trust for Education Foundation$57,773
Amount Held in Trust for Bc Historical Society$35,594
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the Form 990 is available for the Board of Directors for review before it is filed with the IRS.

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

Directors and officers annually disclose conflict of interests at the Board of Directors annual meeting

Form 990, Part VI, Section C, line 19

Form 990, governing documents and conflict of interest policy available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Sheyenne Valley Community Foundation
EIN
46-4371645
Phone
7014903889
Address
PO BOX 724, VALLEY CITY, ND 58072

Signing Officer

Name
David Beierle
Title
President
Phone
7018459801
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Beierle
Formed
2013
Legal Domicile
Nd
Voting Board Members
11
Independent Board Members
12
Employees
1
Volunteers
15

Preparer

Firm
Ludvigson Braun and Co
Address
PO BOX 845, VALLEY CITY, ND 58072-0845
Preparer
Matthew D Pedersen CPA
Phone
7018451457
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

Advancement of charitable, religious, educational, scientific or literary purposes within Barnes, Ransom and Griggs Counties of North Dakota.

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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0170762
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt090879
IRS990/PYInvestmentIncomeAmt0968
IRS990/PYOtherExpensesAmt09816
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt019631
IRS990/PYSalariesCompEmpBnftPaidAmt051404
IRS990/PYTotalExpensesAmt0152099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0171730
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0147512
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION WAS FORMED ON 11/27/13. AS A RESULT, ITS INITIAL YEAR IS A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Short Year Explanation:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0301077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0166987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02163940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02637004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-26
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02985
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04152
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05452
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03775
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09227
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01076028
IRS990ScheduleA/SubstantialContributorsTotAmt01560976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0301077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0166987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02163940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02637004
IRS990ScheduleA/TotalSupportAmt02650383
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/CYEndwmtFundGrp/AdministrativeExpensesAmt08302
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt070889
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0243662
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0216791
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt092504
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03046
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02475
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt028450
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0134101
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt070889
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt090879
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01692
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt025000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02057393
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt028450
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02007139
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03196
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01081
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0681615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt135594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt257773
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO VALLEY CITY PARK BOARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AMOUNT HELD IN TRUST FOR BC HISTORICAL SOCIETY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2AMOUNT HELD IN TRUST FOR EDUCATION FOUNDATION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.31240
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Advancement of charitable, religious, educational, scientific or literary purposes within Barnes, Ransom and Griggs Counties of North Dakota.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.68760
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0774982
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt079295
IRS990ScheduleI/RecipientTable/CashGrantAmt19483
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0The Foundation provides funds to Valley City Park District for construction of the Valley City Wellness Center and Wellness for All program that subsidizes memberships for those in need.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Provide funds to City-County Health District of Valley City, ND to assist with providing valued health services to individuals in the community and surrounding area.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Valley City Park District
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1City-County Health District
IRS990ScheduleI/RecipientTable/RecipientEIN0450375502
IRS990ScheduleI/RecipientTable/RecipientEIN1363166982
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0140 4th Street SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1415 2nd AVE NE Ste 101
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Valley City
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd158072
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 is available for the Board of Directors for review before it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors and officers annually disclose conflict of interests at the Board of Directors annual meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990, governing documents and conflict of interest policy available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt046697
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0149071
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0931879
IRS990/TotalAssetsEOYAmt01012734
IRS990/TotalAssetsGrp/BOYAmt0931879
IRS990/TotalAssetsGrp/EOYAmt01012734
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0306529
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029117
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037801
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092504
IRS990/TotalFunctionalExpensesGrp/TotalAmt0159422
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0845655
IRS990/TotalLiabilitiesEOYAmt0776090
IRS990/TotalLiabilitiesGrp/BOYAmt0845655
IRS990/TotalLiabilitiesGrp/EOYAmt0776090
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt086224
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0236644

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