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FARGO PUBLIC SCHOOLS DEVELOPMENT FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FARGO PUBLIC SCHOOLS DEVELOPMENT FOUNDATION (EIN 31-1733797)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202411359349310391
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T17:10:42-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450310328PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRADY MARTZ & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12537 S UNIVERSITY DRIVEAddressLine1Txt
CityFARGOCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311733797EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FARGO PUBLIC SCHOOLS DEVELOPMENTBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFARGBusinessNameControlTxt
Phone7014461041PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 7TH ST SOUTHAddressLine1Txt
CityFARGOCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEN GOMPFPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7014461041PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJENPersonFirstNm
Person LastGOMPFPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSIDNEY COMPTON EAPreparerPersonNm
PTINP01386586PTIN
Phone7012802100PhoneNum
Preparation2024-05-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEN GOMPFPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 7TH ST SOUTHAddressLine1Txt
CityFARGOCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$601,162GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FARGOSCHOOLSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateNDLegalDomicileStateCd
Activity Or MissionTHE FARGO PUBLIC SCHOOLS DEVELOPMENT FOUNDATION PARTNERS WITH THE FARGO PUBLIC SCHOOLS, THEIR ALUMNI, AND THE GREATER COMMUNITY TO ENHANCE AND ENRICH LEARNING EXPERIENCE TO MAXIMIZE STUDENT POTENTIALS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$275,740PYContributionsGrantsAmt
CY Contributions Grants$393,734CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$303,964PYInvestmentIncomeAmt
CY Investment Income$9,633CYInvestmentIncomeAmt
PY Other Revenue$1,612PYOtherRevenueAmt
CY Other Revenue$109,932CYOtherRevenueAmt
PY Total Revenue$581,316PYTotalRevenueAmt
CY Total Revenue$513,299CYTotalRevenueAmt
PY Grants And Similar Paid$316,323PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$367,787CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$70,584PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$176,999CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$57,929PYOtherExpensesAmt
CY Other Expenses$58,551CYOtherExpensesAmt
PY Total Expenses$444,836PYTotalExpensesAmt
CY Total Expenses$603,337CYTotalExpensesAmt
PY Revenues Less Expenses$136,480PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$90,038CYRevenuesLessExpensesAmt
Total Assets BOY$3,766,585TotalAssetsBOYAmt
Total Assets EOY$3,861,284TotalAssetsEOYAmt
Total Liabilities BOY$425,677TotalLiabilitiesBOYAmt
Total Liabilities EOY$334,581TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,340,908NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,526,703NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE FARGO PUBLIC SCHOOLS DEVELOPMENT FOUNDATION PARTNERS WITH THE FARGO PUBLIC SCHOOLS, THEIR ALUMNI, AND THE GREATER COMMUNITY TO ENHANCE AND ENRICH LEARNING EXPERIENCE TO MAXIMIZE STUDENT POTENTIALS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$237,329ExpenseAmt
Grant$178,794GrantAmt
DescTHE CRITICAL NEEDS PROGRAM IS ORGANIZED BY THE FOUNDATION TO ENSURE THAT EACH AND EVERY STUDENT WHO NEEDS HELP WITH BASIC NEEDS RECEIVES SUPPORT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$165,679ExpenseAmt
Grant$124,816GrantAmt
DescTHE FOUNDATION ADMINISTERS SCHOLARSHIPS ON BEHALF OF COMMUNITY BUSINESSES, FAMILIES AND ORGANIZATIONS. SCHOLARSHIPS ARE MADE AVAILABLE THROUGH ANNUAL DONATIONS AND INVESTMENT INCOME FROM ENDOWED FUNDS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$54,890ExpenseAmt
Grant$41,352GrantAmt
DescINNOVATIVE EDUCATION, MUSIC, AND LITERACY GRANTS ARE AVAILABLE TO PROVIDE CLASSROOM RESOURCES FOR PROJECTS NOT FUNDED BY DISTRICT, STATE, OR FEDERAL MONIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtDescDesc
$30,298$22,825THE ADOPT-A-SCHOOL PROGRAM MATCHES INDIVIDUAL SCHOOLS WITH AREA BUSINESSES, SERVICES CLUBS, COLLEGES, UNIVERSITIES, AND OTHER ORGANIZATIONS. PARTNERSHIPS ARE MEANT TO GIVE CHILDREN AN OPPORTUNITY TO MEET OTHER CARING ADULTS IN THE FARGO COMMUNITY, AS WELL AS ALLOW THEM TO SEE AND LEARN MORE ABOUT CAREERS IN THE AREA.
THE FOUNDATION ASSISTS WITH SPECIAL FUNDRAISING AND SCHOOL PROGRAMS, AND COLLECTS DESIGNATED SCHOOL DONATIONS THROUGHOUT THE YEAR.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$30,298TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$22,825TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$488,196TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBECKY BAKKEPersonNm
Phone7014461041PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 7TH ST SOUTHAddressLine1Txt
CityFARGOCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58103ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
NANCY JORDHEIM
PAST PRESIDENT1.25Yes (X)$0$0$0
AUSTIN BRAHAM
VICE PRESIDENT1.50Yes (X)$0$0$0Yes (X)
JENNIFER GOMPF
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
KENT HOCHGRABER
DIRECTOR0.50Yes (X)$0$0$0
TODD OLSON
DIRECTOR1.00Yes (X)$0$0$0
RON SCHNEIDER
SECRETARY1.50Yes (X)$0$0$0Yes (X)
LISA FARNHAM
DIRECTOR2.00Yes (X)$0$0$0
KRISTI ULRICH
TREASURER1.25Yes (X)$0$0$0Yes (X)
DR RUPAK GANDHI
DIRECTOR0.80Yes (X)$0$0$0
DR JEFF SCHATZ
DIRECTOR0.50Yes (X)$0$0$0
NIKKIE GULLICKSON
DIRECTOR0.50Yes (X)$0$0$0
STACEY GRIGGS
DIRECTOR0.50Yes (X)$0$0$0
REGGIE MACMASTER
DIRECTOR0.50Yes (X)$0$0$0
BECKY BAKKE
EXECUTIVE DIRECTOR40.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$393,734AllOtherContributionsAmt
Total Contributions$393,734TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$97,496TotalRevenueColumnAmt
Exclusion$97,496ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$87,863SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$87,863SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$87,863TotalRevenueColumnAmt
Exclusion-$87,863ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PERSONNEL OF AFFILIATE812900$106,361$106,361
CONTRACTED SERVICES812900$3,571$3,571
FieldValueIRS element (for citing)
Other Revenue Total$109,932OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$513,299TotalRevenueColumnAmt
Related Or Exempt Func Income$109,932RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$9,633ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$242,971TotalAmt
Program Services$242,971ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$124,816TotalAmt
Program Services$124,816ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$130,156TotalAmt
Program Services$82,180ProgramServicesAmt
Management And General$47,976ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$46,843TotalAmt
Program Services$29,892ProgramServicesAmt
Management And General$16,951ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,913TotalAmt
Management And General$12,913ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,120TotalAmt
Program Services$8,069ProgramServicesAmt
Management And General$5,051ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,912TotalAmt
Management And General$13,912ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,372TotalAmt
Management And General$3,372ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
FUNDRAISING EXPENSE$10,675$10,675
DUES AND SUBSCRIPTIONS$3,787$3,787
MISCELLANEOUS$504$504
SUPPLIES$268$268

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$603,337TotalAmt
Program Services$488,196ProgramServicesAmt
Management And General$115,141ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$730,251BOYAmt
EOY$512,006EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,346BOYAmt
EOY$4,660EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,031,988BOYAmt
EOY$3,344,618EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,766,585BOYAmt
EOY$3,861,284EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,832BOYAmt
EOY$3,564EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$104,240BOYAmt
EOY$113,950EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$318,605BOYAmt
EOY$217,067EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$425,677BOYAmt
EOY$334,581EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$59,105BOYAmt
EOY-$75,085EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,400,013BOYAmt
EOY$3,601,788EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,340,908BOYAmt
EOY$3,526,703EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,766,585BOYAmt
EOY$3,861,284EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$90,038ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$299,017NetUnrlzdGainsLossesInvstAmt
Investment Expense-$23,184InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$360,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$342,192CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$389,827CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$275,740CurrentTaxYearMinus1YearAmt
Current Tax Year$393,734CurrentTaxYearAmt
Total$1,761,513TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,000CurrentTaxYearMinus1YearAmt
Current Tax Year$12,000CurrentTaxYearAmt
Total$50,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$367,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$349,192CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$401,827CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$287,740CurrentTaxYearMinus1YearAmt
Current Tax Year$405,734CurrentTaxYearAmt
Total$1,811,513TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$124,251SubstantialContributorsTotAmt
Public Support Total170$1,687,262PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$74,314CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,080CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,921CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,502CurrentTaxYearMinus1YearAmt
Current Tax Year$97,496CurrentTaxYearAmt
Total$381,313TotalAmt
FieldValueIRS element (for citing)
Total Support$2,192,826TotalSupportAmt
Public Support CY1700.76940PublicSupportCY170Pct
Public Support PY1700.78220PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,085,125BeginningYearBalanceAmt
Contributions$28,034ContributionsAmt
Investment Earnings Or Losses$279,793InvestmentEarningsOrLossesAmt
Grants Or Scholarships$124,271GrantsOrScholarshipsAmt
End Year Balance$3,268,681EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,674,690BeginningYearBalanceAmt
Contributions$37,363ContributionsAmt
Investment Earnings Or Losses-$486,153InvestmentEarningsOrLossesAmt
Grants Or Scholarships$140,775GrantsOrScholarshipsAmt
End Year Balance$3,085,125EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,112,206BeginningYearBalanceAmt
Contributions$18,630ContributionsAmt
Investment Earnings Or Losses$673,668InvestmentEarningsOrLossesAmt
Grants Or Scholarships$129,814GrantsOrScholarshipsAmt
End Year Balance$3,674,690EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,038,135BeginningYearBalanceAmt
Contributions$31,563ContributionsAmt
Investment Earnings Or Losses$157,652InvestmentEarningsOrLossesAmt
Grants Or Scholarships$115,144GrantsOrScholarshipsAmt
End Year Balance$3,112,206EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,939,418BeginningYearBalanceAmt
Contributions$37,195ContributionsAmt
Investment Earnings Or Losses$245,954InvestmentEarningsOrLossesAmt
Grants Or Scholarships$107,002GrantsOrScholarshipsAmt
Administrative Expenses$77,430AdministrativeExpensesAmt
End Year Balance$3,038,135EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.82000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.18000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$694,771TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$299,017NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$12,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$311,017RevenueNotReportedAmt
Revenue Subtotal$383,754RevenueSubtotalAmt
Investment Expenses Not Incld$23,184InvestmentExpensesNotIncldAmt
Other Revenues Not Included$106,361OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$129,545RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$513,299TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$615,337TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$12,000DonatedServicesUseFcltsAmt
Expenses Not Reported$12,000ExpensesNotReportedAmt
Expenses Subtotal$603,337ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$603,337TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE FOUNDATION SERVES AS A FISCAL AGENT FOR TROLLWOOD PERFORMING ARTS SCHOOL.
PART V, LINE 4:THE FOUNDATION'S ENDOWMENT FUND IS INTENDED TO BE A PERPETUAL SOURCE OF FUNDING FOR THE ORGANIZATION IN SUPPORT OF ITS MISSION.
PART X, LINE 2:IT IS THE OPINION OF MANAGEMENT THAT THE FOUNDATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE INCOME TAX RETURNS OF THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS AND THE STATE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL TAX FILINGS ARE UP TO DATE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SERVICES RECEIVED FROM PERSONNEL OF AN AFFILIATE

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FARGO PUBLIC SCHOOLSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1415 NORTH 4TH STREETAddressLine1Txt
CityFARGOCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58102ZIPCd
FieldValueIRS element (for citing)
Recipient EIN456000294RecipientEIN
IRC SectionGOVERNMENTIRCSectionDesc
Cash Grant$242,971CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTEACHER GRANTS/STUDENT NEEDS/SPECIAL PROJECTS.MILK PROGRAM AND CRITICAL NEEDS PROGRAMS - FUNDS DISTRIBUTED TO SCHOOLS BASED ON FREE/REDUCED LUNCH RATIOS.SPECIAL PROJECT FUNDS ARE DISTRIBUTED BASED ON DONORS' REQUEST TO SPECIFIC PROJECTS OR PROGRAMS.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient61RecipientCnt
Cash Grant$124,816CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationWRITTEN MONITORING REPORTS ARE REQUIRED FOR ALL TEACHER GRANTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE FULL GOVERNING BOARD PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE IN WRITING ANY CONFLICTS OF INTEREST. ANY CONFLICTS OF INTEREST ARE DISCUSSED OPENLY IN BOARD MEETINGS BY BOARD MEMBERS AND THE EXECUTIVE DIRECTOR. INDIVIDUALS WITH A CONFLICT DO NOT VOTE ON ISSUES INVOLVING THAT CONFLICT.
FORM 990, PART VI, SECTION C, LINE 19THE FARGO PUBLIC SCHOOLS DEVELOPMENT FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE FOUNDATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.
FORM 990, PART I SUMMARY, LINE 5PAYROLL PAID THROUGH FARGO PUBLIC SCHOOL DISTRICT SYSTEM. SCHOOL DISTRICT FILES W-3 FORMS.
FORM 990, PART V, LINE 2APAYROLL PAID THROUGH FARGO PUBLIC SCHOOL DISTRICT SYSTEM. SCHOOL DISTRICT FILES W-3 FORMS.

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