Greater North Dakota Chamber Foundation
Nonprofit profile at a glance
- EIN
- 450358565
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Bismarck, ND, USA
- Phone
- 7012220929
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,119
- Expenses
- $114,006
- Assets
- $14,514
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ARIK SPENCER (CEO)
People named in this filing
- MOLLY BARNES (CHAIRMAN)
- DANNETTE WELSH (DIRECTOR)
- JOHN ONCKEN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is to: 1) conduct research and education on topics related to North Dakota's economic growth; 2) engage in activities that promote civic engagement; and 3) conduct programs that support workforce solutions.
What it reported doing in 2024
Host nonpartisan statewide civics competition for students in 6th-8th grade. Promote greater civic knowledge throughout North Dakota.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 11
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.7%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2,667.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 12.2% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 20.1% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $111K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.