WILLISTON STATE COLLEGE FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- WILLISTON STATE COLLEGE FOUNDATION (EIN 45-6012226)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-04-01
- IRS object ID
- 201510919349300846
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-01T17:47:26-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 UNIVERSITY AVE PO BOX 1387 | AddressLine1 |
| City | WILLISTON | City |
| State | ND | State |
| ZIP Code | 588021387 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456012226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williston State College Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 7015729275 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021286 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Olson | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 7015729275 | PhoneNum |
| Signature | 2015-03-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nancy Swallom CPA | PreparerPersonNm |
| PTIN | P00137671 | PTIN |
| Phone | 7015772157 | PhoneNum |
| Preparation | 2015-03-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Terry Olson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021286 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,206,131 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.wscfoundation.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | ND | LegalDomicileStateCd |
| Activity Or Mission | To promote and support Williston State College. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $421,719 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$88,141 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $499,850 | PYContributionsGrantsAmt |
| CY Contributions Grants | $652,436 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $162,524 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $200,111 | CYProgramServiceRevenueAmt |
| PY Investment Income | $337,245 | PYInvestmentIncomeAmt |
| CY Investment Income | $383,457 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,237,480 | PYOtherRevenueAmt |
| CY Other Revenue | $6,421,299 | CYOtherRevenueAmt |
| PY Total Revenue | $4,237,099 | PYTotalRevenueAmt |
| CY Total Revenue | $7,657,303 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,287,430 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,407,809 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $210,374 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $239,794 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,079 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $743,799 | PYOtherExpensesAmt |
| CY Other Expenses | $963,326 | CYOtherExpensesAmt |
| PY Total Expenses | $2,241,603 | PYTotalExpensesAmt |
| CY Total Expenses | $3,610,929 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,995,496 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,046,374 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,747,109 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,234,271 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,566,876 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,233,754 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,180,233 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,000,517 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Foundation partners with the College by building relationships with alumni, donors and surrounding communities; generating financial support; funding student and faculty development scholarships and leading capital expansion to develop a thriving, state-of-the-art campus. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,392,709 | ExpenseAmt |
| Grant | $2,392,709 | GrantAmt |
| Desc | The organization provides scholarships for higher education at Williston State College (WSC), grants for continuing education, and WSC staff grants for the support of college and community programs and projects. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $368,741 | ExpenseAmt |
| Revenue | $200,111 | RevenueAmt |
| Desc | The Foundation provides support for the William Shemorry Library for the ND State Historical Society, owns property and equipment that is rented by Williston State College and produces a quarterly publication - Teton Thunder News. Housing is provided though Williston State College Housing LLC to Williston State College employees and other essential service workers. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,100 | ExpenseAmt |
| Grant | $15,100 | GrantAmt |
| Desc | Contributions to other charities that support the Williston North Dakota area. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,776,550 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 5 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 19 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Terry Olson | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7015729275 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 18th Street East | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 58801 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Pete Furuseth | ||||||
| President | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Charlotte Schilke | ||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Kim Hennessy | ||||||
| Secretary/Treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Dean Aafedt | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jon Ellefson | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Gratz | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tammy Sogard | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Myron Lee | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Brett Vibeto | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Nathan Jepsen | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Larry Grondahl | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terry Olson | ||||||
| Executive Director | 50.00 | Yes (X) | $115,464 | $0 | $20,950 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $115,464 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $20,950 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $652,436 | AllOtherContributionsAmt |
| Total Contributions | $652,436 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student Housing Mobile Home Lease | 531110 | $62,500 | $62,500 |
| Teton Motor Coach Lease Income | 900099 | $45,000 | $45,000 |
| Miscellaneous Revenue | 900099 | $40,983 | $40,983 |
| Student Housing | 531110 | $38,128 | $38,128 |
| TrainND Lease Income | 534420 | $13,500 | $13,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $200,111 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $300,171 | TotalRevenueColumnAmt |
| Exclusion | $300,171 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,080,420 | TotalRevenueColumnAmt |
| Exclusion | $5,080,420 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $910,976 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $673,739 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $237,237 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $237,237 | TotalRevenueColumnAmt |
| Exclusion | $237,237 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $83,286 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $83,286 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,286 | TotalRevenueColumnAmt |
| Exclusion | $83,286 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $6,557,012 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $5,875,089 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $681,923 | TotalRevenueColumnAmt |
| Exclusion | $681,923 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ND Motor Vehicle | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $421,719 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $421,719 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $421,719 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,657,303 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $200,111 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $421,719 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,383,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,407,809 | TotalAmt |
| Program Services | $2,407,809 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,060 | TotalAmt |
| Program Services | $65,277 | ProgramServicesAmt |
| Management And General | $75,816 | ManagementAndGeneralAmt |
| Fundraising | $3,967 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,365 | TotalAmt |
| Program Services | $13,781 | ProgramServicesAmt |
| Management And General | $55,584 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $778 | TotalAmt |
| Program Services | $40 | ProgramServicesAmt |
| Management And General | $738 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,826 | TotalAmt |
| Program Services | $6,200 | ProgramServicesAmt |
| Management And General | $8,626 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,765 | TotalAmt |
| Program Services | $4,199 | ProgramServicesAmt |
| Management And General | $5,371 | ManagementAndGeneralAmt |
| Fundraising | $195 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $720 | TotalAmt |
| Management And General | $720 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,474 | TotalAmt |
| Management And General | $30,474 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,033 | TotalAmt |
| Program Services | $19,710 | ProgramServicesAmt |
| Management And General | $419,406 | ManagementAndGeneralAmt |
| Fundraising | $917 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,406 | TotalAmt |
| Program Services | $36,085 | ProgramServicesAmt |
| Management And General | $4,321 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,331 | TotalAmt |
| Management And General | $9,331 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,050 | TotalAmt |
| Program Services | $43,236 | ProgramServicesAmt |
| Management And General | $14,814 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,251 | TotalAmt |
| Management And General | $4,251 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,256 | TotalAmt |
| Management And General | $10,256 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73 | TotalAmt |
| Management And General | $73 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,749 | TotalAmt |
| Program Services | $97,410 | ProgramServicesAmt |
| Management And General | $28,339 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,542 | TotalAmt |
| Management And General | $8,542 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| Credit Card Fees | $122,160 | $122,160 | |
| Teton Thunder News | $56,069 | $56,069 | |
| Carcass Challenge | $19,666 | $19,666 | |
| Bad Debt Expense | $1,671 | $1,671 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,875 | TotalAmt |
| Program Services | $5,397 | ProgramServicesAmt |
| Management And General | $30,478 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,610,929 | TotalAmt |
| Program Services | $2,776,550 | ProgramServicesAmt |
| Management And General | $829,300 | ManagementAndGeneralAmt |
| Fundraising | $5,079 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,561 | BOYAmt |
| EOY | $86,411 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,314,417 | BOYAmt |
| EOY | $3,665,932 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,000 | BOYAmt |
| EOY | $6,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,402 | BOYAmt |
| EOY | $32,749 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,671 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,521 | BOYAmt |
| EOY | $29,244 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $12,686,181 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $934,626 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,414,869 | BOYAmt |
| EOY | $11,751,555 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,118,143 | BOYAmt |
| EOY | $9,949,861 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,887 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $605,638 | BOYAmt |
| EOY | $1,712,519 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,747,109 | BOYAmt |
| EOY | $27,234,271 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $900,607 | BOYAmt |
| EOY | $206,910 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,722,426 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,586,147 | BOYAmt |
| EOY | $1,250,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,122 | BOYAmt |
| EOY | $54,418 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,566,876 | BOYAmt |
| EOY | $7,233,754 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,056,866 | BOYAmt |
| EOY | $3,940,452 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,619,645 | BOYAmt |
| EOY | $9,542,772 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,503,722 | BOYAmt |
| EOY | $6,517,293 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,180,233 | BOYAmt |
| EOY | $20,000,517 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,747,109 | BOYAmt |
| EOY | $27,234,271 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,046,374 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $773,910 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $364,430 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,515 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $531,277 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $499,850 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $652,436 | CurrentTaxYearAmt |
| Total | $2,146,508 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $60,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $113,589 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $154,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $126,524 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $200,111 | CurrentTaxYearAmt |
| Total | $654,788 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $360,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $583,167 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $692,253 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,394,125 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,557,012 | CurrentTaxYearAmt |
| Total | $14,586,897 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $784,770 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $795,271 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,378,094 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,020,499 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,409,559 | CurrentTaxYearAmt |
| Total | $17,388,193 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $17,388,193 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $304,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $339,342 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $334,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,681,678 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,291,567 | CurrentTaxYearAmt |
| Total | $9,951,062 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $304,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $339,342 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $334,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,681,678 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,291,567 | CurrentTaxYearAmt |
| Total | $9,951,062 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $785,486 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $688,403 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,524,174 | CurrentTaxYearMinus2YearsAmt |
| Total | $2,998,063 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,874,481 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,823,016 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,236,518 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,702,177 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,701,126 | CurrentTaxYearAmt |
| Total | $30,337,318 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.57320 | PublicSupportCY509Pct |
| Public Support PY509 | 0.59620 | PublicSupportPY509Pct |
| Investment Income CY | 0.32800 | InvestmentIncomeCYPct |
| Investment Income PY | 0.21770 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12: | FormAndLineReferenceDesc |
| Explanation | Oil & Gas Inc From Donated Minerals 2009 Amount: $763,888 2010 Amount: $675,900 2011 Amount: $1,524,174 Explanation: Miscellaneous 2009 Amount: $21,598 2010 Amount: 12,503 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,851,905 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,876,897 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,919,371 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,000 | OtherExpendituresAmt |
| Administrative Expenses | $64,673 | AdministrativeExpensesAmt |
| End Year Balance | $15,739,758 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,736,126 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $3,033,306 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $504,704 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,374,975 | OtherExpendituresAmt |
| Administrative Expenses | $37,848 | AdministrativeExpensesAmt |
| End Year Balance | $10,851,905 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,671,482 | BeginningYearBalanceAmt |
| Contributions | $50,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,804,247 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $721,059 | GrantsOrScholarshipsAmt |
| Other Expenditures | $758,729 | OtherExpendituresAmt |
| Administrative Expenses | $309,815 | AdministrativeExpensesAmt |
| End Year Balance | $9,736,126 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,700,073 | BeginningYearBalanceAmt |
| Contributions | $158,895 | ContributionsAmt |
| Investment Earnings Or Losses | $1,834,403 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $809,005 | GrantsOrScholarshipsAmt |
| Other Expenditures | $44,489 | OtherExpendituresAmt |
| Administrative Expenses | $168,395 | AdministrativeExpensesAmt |
| End Year Balance | $9,671,482 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,778,780 | BeginningYearBalanceAmt |
| Contributions | $301,933 | ContributionsAmt |
| Investment Earnings Or Losses | $1,160,086 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $391,112 | GrantsOrScholarshipsAmt |
| Other Expenditures | $356 | OtherExpendituresAmt |
| Administrative Expenses | $149,256 | AdministrativeExpensesAmt |
| End Year Balance | $8,700,075 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.41000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.58000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,890 | OtherCostOrOtherBasisAmt |
| Book Value | $7,890 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,667,651 | OtherCostOrOtherBasisAmt |
| Depreciation | $524,161 | DepreciationAmt |
| Book Value | $11,143,490 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,010,640 | OtherCostOrOtherBasisAmt |
| Depreciation | $410,465 | DepreciationAmt |
| Book Value | $600,175 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,751,555 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Accrued interest receivable | $11,939 |
| Federal income tax withholding | $1,523 |
| Due from related party | $544,167 |
| Horizon Capital | $800,000 |
| Mineral Rights | $354,890 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,712,519 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued interest payable | $19,799 |
| Due to related party | $34,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $54,418 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,980,041 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $773,910 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $773,910 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,206,131 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$6,548,828 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$6,548,828 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,657,303 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,159,757 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $6,548,828 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,548,828 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,610,929 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,610,929 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The endowment consists of approximately 50 individual funds established for a variety of purposes, including scholarships for Williston State College and other programs and improvements for the college. |
| Part X, Line 2: | The Foundation is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and comparable state law. The Foundation is organized as a North Dakota nonprofit corporation. The federal income tax returns of the Foundation are subject to examination by the IRS, generally for three years after they were filed. 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 within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions, and other evidence. It is the opinion of management that the Foundation has no significant uncertain tax positions that would be subject to change upon examination. |
| Part XI, Line 4b - Other Adjustments: | Gaming expenses reported in expenses on financial statements -5,875,089. Rental expenses reported in expenses on financial statements -673,739. |
| Part XII, Line 2d - Other Adjustments: | Gaming expenses reported in expenses on financial statements 5,875,089. Rental expenses reported in expenses on financial statements 673,739. |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Pull Tabs | $2,521,827 | GrossRevenuePullTabsAmt |
| Cash Prizes Pull Tabs | $2,017,044 | CashPrizesPullTabsAmt |
| Rent Facility Costs Pull Tabs | $16,200 | RentFacilityCostsPullTabsAmt |
| Other Direct Expenses Pull Tabs | $74,914 | OtherDirectExpensesPullTabsAmt |
| Volunteer Labor Pull Tabs | 0 | VolunteerLaborPullTabsInd |
| Gross Revenue Other Gaming | $4,035,185 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $3,314,843 | CashPrizesOtherGamingAmt |
| Non Cash Prizes Other Gaming | $22,456 | NonCashPrizesOtherGamingAmt |
| Rent Fclty Costs Other Gaming | $33,165 | RentFcltyCostsOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $396,467 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $6,557,012 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $5,331,887 | CashPrizesTotalGamingAmt |
| Non Cash Prizes Total Gaming | $22,456 | NonCashPrizesTotalGamingAmt |
| Rent Fclty Costs Total Gaming | $49,365 | RentFcltyCostsTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $471,381 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $5,875,089 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $681,923 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | ND | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (1) | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Other Facility | 1.00000 | GamingOtherFacilityPct |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1 |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1387 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021387 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | Roseanne Marquez | GamingManagerPersonNm |
| Gaming Manager Compensation | $33,074 | GamingManagerCompensationAmt |
| Gaming Manager Services Prov | Manage gaming operations, hire and fire employees, make deposits, prepare reports required by gaming regulations. | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | Yes (1) | CharitableDistributionRqrInd |
| Distributed | $446,290 | DistributedAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Williston State College | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | $1,001,325 | Scholarships |
| Williston State College | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | $941,704 | Scholarships from gaming |
| WSC State College Building Fund | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | $431,679 | Front drive, dugouts |
| WSC Small Business Development Center | |||||||
| 1410 University Ave | Williston | ND | 58801 | 450324813 | 501(c)3 | $6,000 | Support small business in NW ND |
| WSC Athletic Department | |||||||
| 1410 University Ave | Williston | ND | 58801 | 450324813 | ND University System | $27,101 | Hockey matching funds/Teton Booster |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Foundation has a close working relationship with Williston State College. Due to this relationship and the fact that the Foundation's purpose is to support the college, once grant disbursements are made no further follow-up is done to monitor the use of the funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry Olson | PersonNm |
| Title | Executive Director | TitleTxt |
| Base Compensation Filing Org | $107,414 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $2,050 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $6,000 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $12,864 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $8,450 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $136,778 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Terry Olson, Executive Director, received $10,000 in a discretionary spending account which was approved by the board. The funds are used for small donations and sponsorships to other charities in the area. The board sees all expenditures paid out from the account. The amount is not treated as taxable wages to Mr. Olson. |
| Part I, Line 3 | Terry Olson is compensated by Williston State College, an unrelated organization and Williston State College Foundation reimburses Williston State College for Terry's compensation. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| American State Bank | |||
| Board member a shareholder and officer at bank holding organization's loan | $286,788 | interest payment on loan | 0 |
| American State Bank | |||
| Board member a shareholder and officer at bank holding organization's loan | $14,956 | accrued interest at 6/30/14 | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, line 2 | The Foundation's wholly-owned subsidiary, Williston State College Housing LLC, began providing housing for Williston State College employees and other essential service workers due to the housing shortage in the Williston area. |
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall be composed of the officers of the Board of Directors and two (2) additional directors to be appointed by the president. Executive Committee shall have and exercise the powers of the Board of Directors between meetings of the Board of Directors. However, the directors may designate such additional committees, as they deem advisable. Designation and appointment of any such committee or committees and the delegation thereto of authority shall not operate to relieve the Board of Directors, or any individual director, of any responsibility imposed on it or him or her by law. All committees shall and have to exercise the authority of the Board of Directors as delineated and outlined in their appointment; however, no committee shall have the authority of the Board of Directors in reference to the amending, altering, or repealing of the by-laws, and all acts of the committee shall be subject to the approval of the Board of Directors. |
| Form 990, Part VI, Section A, line 6 | The organization has one class of members, divided into three subdivisions: business, family and individual. Membership is granted to any business, family or individual that supports the mission and purposes of the organization and who pays the annual dues set by the Board of Directors. The members have no voting rights. |
| Form 990, Part VI, Section B, line 11 | The Form 990 is provided to the governing body for review prior to filing. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy covers all directors, officers, and employees of the Foundation and any member of a committee with board delegated powers. Each board member completes an annual questionnaire indicating whether a conflict of interest exists. If there is a conflict of interest, the interested person shall leave the meeting while the potential conflict is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If no conflict of interest exists, the interested person may participate in a discussion of and vote on the transaction or arrangement in question. If a conflict of interest does exist the following procedures shall be followed: 1 An interested person may make a presentation at the board or committee meeting, but after such presentation, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. 2. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 3. After exercising due diligence, the board or committee shall determine whether the Foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. 4. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in Foundation's best interest and for its own benefit and whether the transaction is fair and reasonable to the Foundation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. |
| Form 990, Part VI, Section B, line 15a | The Board of Directors uses the ND State Broadbanding scale to determine Executive Director's compensation. This process last took place in March 2014. |
| Form 990, Part VI, Section C, line 19 | Copies may be made available for public inspection upon request by calling the Foundation office. |
| Form 990, Part IX, line 11g | Trust Fees: Program service expenses 0. Management and general expenses 56,587. Fundraising expenses 0. Total expenses 56,587. Contracted Services: Program service expenses 0. Management and general expenses 337,609. Fundraising expenses 0. Total expenses 337,609. Payroll Services: Program service expenses 19,710. Management and general expenses 25,210. Fundraising expenses 917. Total expenses 45,837. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williston State College Housing LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 58802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371693089 | EIN |
| Primary Activities | Affordable housing for WSC employees & other essential service entities | PrimaryActivitiesTxt |
| Legal Domicile State | ND | LegalDomicileStateCd |
| Total Income | $840,884 | TotalIncomeAmt |
| End Of Year Assets | $11,065,692 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSC Foundation | BusinessNameLine1 |
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