Civic Intelligence

North Dakota State Fair Foundation

990 • Fiscal year 2020 • EIN 80-0625528

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 09, 2021

Organization Profilendstatefairfoundation.com
PO Box 1796Minot, ND 58702-1796

(701) 857-7620

Siviq Scores

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

Liabilities / Assets

47th percentile

0.08x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

1.82x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.7%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

45th percentile

3.8%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-33%

Faster revenue growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,495,460

Up $55,258 (+3.8%) from 2019

Net Assets

Up

$1,375,717

Up $31,355 (+2.3%) from 2019

Liabilities

Up

$119,743

Up $23,903 (+25%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin58th percentile

Revenue

Down

$65,729

Down $32,686 (-33%) from 2019

Expenses

Down

$59,374

Down $1,043,637 (-95%) from 2019

Net Income

Up

$6,355

Up $1,010,951 (+101%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $272Liabilities 2010: $0Net Assets 2010: $2722010Assets 2011: $22,548Liabilities 2011: $0Net Assets 2011: $22,5482011Assets 2012: $28,258Liabilities 2012: $0Net Assets 2012: $28,2582012Assets 2013: $55,451Liabilities 2013: $0Net Assets 2013: $55,4512013Assets 2014: $969,548Liabilities 2014: $0Net Assets 2014: $969,5482014Assets 2015: $1,788,120Liabilities 2015: $0Net Assets 2015: $1,788,1202015Assets 2016: $2,080,851Liabilities 2016: $0Net Assets 2016: $2,080,8512016Assets 2017: $2,378,211Liabilities 2017: $94,870Net Assets 2017: $2,283,3412017Assets 2018: $2,440,705Liabilities 2018: $91,747Net Assets 2018: $2,348,9582018Assets 2019: $1,440,202Liabilities 2019: $95,840Net Assets 2019: $1,344,3622019Assets 2020: $1,495,460Liabilities 2020: $119,743Net Assets 2020: $1,375,7172020Assets 2021: $1,482,025Liabilities 2021: $65,324Net Assets 2021: $1,416,7012021Assets 2022: $1,391,073Liabilities 2022: $10Net Assets 2022: $1,391,0632022Assets 2023: $1,301,784Liabilities 2023: $5,434Net Assets 2023: $1,296,3502023Assets 2024: $1,264,008Liabilities 2024: $1,634Net Assets 2024: $1,262,3742024Assets 2025: $1,114,260Liabilities 2025: $0Net Assets 2025: $1,114,2602025

Highlighted filing

2020

Assets$1,495,460
Liabilities$119,743
Net Assets$1,375,717
Open 2020 Filing

Operations Trend

Revenue Growth14th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $1,125Expenses 2010: $853Net Income 2010: $2722010Revenue 2011: $32,245Expenses 2011: $9,969Net Income 2011: $22,2762011Revenue 2012: $40,350Expenses 2012: $34,640Net Income 2012: $5,7102012Revenue 2013: $38,211Expenses 2013: $11,018Net Income 2013: $27,1932013Revenue 2014: $932,452Expenses 2014: $18,355Net Income 2014: $914,0972014Revenue 2015: $856,846Expenses 2015: $38,274Net Income 2015: $818,5722015Revenue 2016: $336,123Expenses 2016: $43,392Net Income 2016: $292,7312016Revenue 2017: $264,614Expenses 2017: $62,124Net Income 2017: $202,4902017Revenue 2018: $107,428Expenses 2018: $41,811Net Income 2018: $65,6172018Revenue 2019: $98,415Expenses 2019: $1,103,011Net Income 2019: -$1,004,5962019Revenue 2020: $65,729Expenses 2020: $59,374Net Income 2020: $6,3552020Revenue 2021: $197,912Expenses 2021: $156,928Net Income 2021: $40,9842021Revenue 2022: $188,480Expenses 2022: $214,118Net Income 2022: -$25,6382022Revenue 2023: $78,416Expenses 2023: $173,129Net Income 2023: -$94,7132023Revenue 2024: $259,553Expenses 2024: $293,529Net Income 2024: -$33,9762024Revenue 2025: $2,834Expenses 2025: $150,948Net Income 2025: -$148,1142025

Highlighted filing

2020

Revenue$65,729
Expenses$59,374
Net Income$6,355
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 9, 2021
Return Version
2019v5.2
Gross Receipts
$65,979
Mission and Program Overview

Mission

The mission of the North Dakota State Fair Foundation is to develop lifelong relationships with donors to secure the philanthropic gifts that will enhance and support the work of the North Dakota State Fair.

Support the work of the North Dakota State Fair Association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,115,389$1,115,389→ $0
Cash and Non-Interest-Bearing Accounts$278,756$282,998▲ $4,242
Accounts Receivable-$50,000-
Other Notes and Loans Receivable, Net$35,000$35,000→ $0
Savings and Temporary Cash Investments$11,057$12,073▲ $1,016
Total Assets$1,440,202$1,495,460▲ $55,258
Liabilities
Mortgage Notes Payable Secured by Investment Property$74,340$69,750▼ $4,590
Deferred Revenue-$49,993-
Accounts Payable and Accrued Expenses$21,500$0▼ $21,500
Total Liabilities$95,840$119,743▲ $23,903
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,155,492$2,155,492→ $0
Net Assets Without Donor Restrictions$-811,130$-779,775▲ $31,355
Total Net Assets Fund Balance$1,344,362$1,375,717▲ $31,355
Total Liabilities and Net Assets / Fund Balance$1,440,202$1,495,460▲ $55,258

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,115,389--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,155,492-▲ $54,015$54,015$2,155,492
2018$2,155,492-▲ $26,623$26,623$2,155,492
2017$2,149,492$6,000▲ $56,431$56,431$2,155,492
2016$1,959,492$190,000▲ $55,252$55,252$2,149,492
2015$1,699,500$260,000▲ $43,668$43,676$1,959,492
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Todd BerningPresident
Jerry IversonVice President
Craig ZimprichDirector
James W Grote JrDirector
Mark SchaunamanDirector
Brenda LeeDirector (began Jan)
Joanne BeckmanSecretary
Beth ChristmannTreasurer (Oct-Nov)
Revenue and Support

Revenue Composition

Contributions and Grants
$6,444
Program Service Revenue
$720
Investment Income
$29,015
Other Revenue
$29,550
All Other Contributions
$6,444
Change in Net Assets
$6,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,374
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$36,244--$36,244
Office Expenses$8,584--$8,584
Grants to Domestic Individuals$6,000--$6,000
Interest$3,100--$3,100
All Other Expenses$2,852--$2,852
Occupancy$952--$952
Advertising$130--$130
Other Expenses$25--$25
Total Functional Expenses$59,374$0$0$59,374
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$250
Gaming Gross Income$0
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

“Per the Bylaws the President, Vice President, Secretary and Treasurer would make up the Executive Committee, but this is not an active committee. All business is handled by the full board.”

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

“The President of the North Dakota State Fair Association, a related organization, shall appoint a total of four directors to the board. The remaining 3 board members shall be elected by the appointed four board members.”

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

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

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

“A copy of the full Form 990 will be provided to the board of directors prior to being filed with the IRS.”

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

“The Organization has a Conflict of Interest Policy in place. If a conflict were to arise, the board members would review and discuss and determine the appropriate actions to be taken in an appropriate professional manner and consult their accounting firm if necessary.”

Form 990, Part VI, Section C, line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
North Dakota State Fair Foundation
EIN
80-0625528
Phone
7018577620
Address
PO Box 1796, Minot, ND 58702-1796

Signing Officer

Name
Todd Berning
Title
President
Phone
7018577620
Signed
2021-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Berning
Formed
2010
Legal Domicile
Nd
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Professional Fees: Program service expenses 4,994. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,994. Reimbursed Wages: Program service expenses 31,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,250.”

Financial Statement Notes

Part V, Line 4:

“The Foundation's endowment consists of a fund established as a permanent endowment for such purposes as the Foundation determines prudent. Its endowment includes donor-restricted funds. As required by generally accepted accounting principles, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The NDSF Foundation Board has created an endowment for folks to give to a fund that will produce interest revenue that can be used for its mission, supporting the ND State Fair. The Board will invest the money into land, mutual funds, etc. to get a practical return on investment for the future. Schedule D, Part V is reflecting the current balance of permanently restricted endowment of $2,155,492. The total net assets of the Organization as reflected on the balance sheet are $1,375,717.”

Part X, Line 2:

“North Dakota State Fair Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, the Foundation has been determined by the Internal Revenue Service not to be a private foundation within Section 509(a) of the code. The Foundation's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support with the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence.”

Raw XML AppendixShowing 400 of 467 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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IRS990/ProgramServiceRevenueGrp/Desc0Tile Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc1History Book Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1188
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt067078
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt026623
IRS990/PYOtherExpensesAmt01099011
IRS990/PYOtherRevenueAmt04577
IRS990/PYProgramServiceRevenueAmt0137
IRS990/PYRevenuesLessExpensesAmt0-1004596
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01103011
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt098415
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06355
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt029800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0720
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011057
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012073
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The supported organization does not have an IRS determination of status under section 509(a)(1) or (2) because it is not required to obtain recognition of its public charity status because it is a governmental unit.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The Organization has an endowed note with an unrelated organization which requires interest only payments with full principal due on maturity. The total note is $1,110,000 with an allowance for uncollectible accounts of $1,075,000, leaving a net balance of $35,000. The Organization entered into this transaction as an investment activity and does not consider this to be providing support to anyone other than its supported organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part IV, Section A, Line 6:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt053374
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0456013410
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt053374
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0North Dakota State Fair Association
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02155492
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02155492
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt054015
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt054015
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02155492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02155492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026623
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt026623
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02149492
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt06000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02155492
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt056431
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt056431
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01959492
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0190000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02149492
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055252
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt055252
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01699500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0260000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01959492
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt043668
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt043676
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01115389
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01115389
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation's endowment consists of a fund established as a permanent endowment for such purposes as the Foundation determines prudent. Its endowment includes donor-restricted funds. As required by generally accepted accounting principles, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The NDSF Foundation Board has created an endowment for folks to give to a fund that will produce interest revenue that can be used for its mission, supporting the ND State Fair. The Board will invest the money into land, mutual funds, etc. to get a practical return on investment for the future. Schedule D, Part V is reflecting the current balance of permanently restricted endowment of $2,155,492. The total net assets of the Organization as reflected on the balance sheet are $1,375,717.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1North Dakota State Fair Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, the Foundation has been determined by the Internal Revenue Service not to be a private foundation within Section 509(a) of the code. The Foundation's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support with the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01115389
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Board reviews any grants or allocations given out. Students are eligible to receive a scholarship if they are a current high school graduate, a resident of North Dakota, have at least a 2.5 minimum GPA and have plans to attend an accredited post secondary educational institution. They must also be a 4-H or FFA member and have exhibited at the State Fair. Scholarship checks are written directly to the student and a 4-H leader or FFA advisor must sign a form stating that the student has met the criteria to be eligible to receive the scholarship.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Per the Bylaws the President, Vice President, Secretary and Treasurer would make up the Executive Committee, but this is not an active committee. All business is handled by the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President of the North Dakota State Fair Association, a related organization, shall appoint a total of four directors to the board. The remaining 3 board members shall be elected by the appointed four board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of the full Form 990 will be provided to the board of directors prior to being filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization has a Conflict of Interest Policy in place. If a conflict were to arise, the board members would review and discuss and determine the appropriate actions to be taken in an appropriate professional manner and consult their accounting firm if necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional Fees: Program service expenses 4,994. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,994. Reimbursed Wages: Program service expenses 31,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,250.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0North Dakota State Fair Association
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0456013410
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0Governmental
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Sponsor an annual state fair
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02005 Burdick Expressway East
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Minot
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd058701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01440202
IRS990/TotalAssetsEOYAmt01495460
IRS990/TotalAssetsGrp/BOYAmt01440202
IRS990/TotalAssetsGrp/EOYAmt01495460
IRS990/TotalCompGreaterThan150KInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,495,460
Liabilities
$119,743
Net assets
$1,375,717
Revenue
$65,729
Expenses
$59,374
Net income
$6,355
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.00$0.15$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.26$0.29$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.01$1.30$0.08$0.17$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$0.19$0.21$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.07$1.42$0.20$0.16$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.12$1.38$0.07$0.06$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.10$1.34$0.10$1.10$1.00
2018Detailed filing. Detailed filing data is available for this year.$2.44$0.09$2.35$0.11$0.04$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.38$0.09$2.28$0.26$0.06$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.34$0.04$0.29
2015Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.86$0.04$0.82
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.93$0.02$0.91
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.04$0.01$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.04$0.03$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.03$0.01$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00