Totals
- Total revenue
- $2,498,869
- Total expenses
- $2,681,859
- Contributions and grants received
- $1,485,608
- Grants paid
- $87,000
- Program service revenue
- $1,011,525
- Investment income
- $1,114
- Other revenue
- $622
- Total assets, end of year
- $1,486,717
- Total liabilities, end of year
- $1,662,993
- Net assets or fund balances, end of year
- -$176,276
- Program services expenses (Part IX)
- $2,291,921
- Management and general expenses
- $313,809
- Fundraising expenses
- $76,129
- Program service expenses (Part III)
- $2,291,921
Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$398,000
-
1f · All other contributions, gifts and grants
$1,087,608
-
2a · Program service revenue: EDA TUITION
total $765,565 · related or exempt $765,565
-
2b · Program service revenue: EVENT INCOME
total $194,896 · related or exempt $194,896
-
2c · Program service revenue: PRAIRIE DEN RENTAL INC
total $51,064 · related or exempt $51,064
-
3 · Investment income
total $1,114 · excluded $1,114
-
11a · Other revenue: MISCELLANEOUS INCOME
total $622 · excluded $622
-
11e · Other revenue, total
$622
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $87,000 · program services $87,000
-
5 · Compensation of officers, directors and key employees
total $186,993 · program services $158,944 · management and general $20,569 · fundraising $7,480
-
7 · Other salaries and wages
total $1,125,587 · program services $956,749 · management and general $123,815 · fundraising $45,023
-
8 · Pension plan contributions
total $42,449 · program services $36,082 · management and general $4,669 · fundraising $1,698
-
9 · Other employee benefits
total $77,618 · program services $65,975 · management and general $8,538 · fundraising $3,105
-
10 · Payroll taxes
total $144,342 · program services $122,690 · management and general $15,878 · fundraising $5,774
-
11g · Fees: other
total $50,765 · program services $34,520 · management and general $16,245
-
12 · Advertising and promotion
total $69,215 · program services $67,139 · fundraising $2,076
-
13 · Office expenses
total $6,983 · program services $698 · management and general $6,285
-
14 · Information technology
total $57,033 · program services $52,470 · management and general $4,563
-
16 · Occupancy
total $47,353 · program services $42,202 · management and general $5,151
-
17 · Travel
total $23,105 · program services $12,708 · management and general $9,242 · fundraising $1,155
-
19 · Conferences, conventions and meetings
total $327,278 · program services $284,732 · management and general $32,728 · fundraising $9,818
-
20 · Interest
total $6,604 · program services $5,613 · management and general $991
-
22 · Depreciation, depletion and amortization
total $50,736 · program services $50,736
-
23 · Insurance
total $10,191 · program services $3,567 · management and general $6,624
-
24a · Other expenses: OTHER EXPENSES
total $164,944 · program services $140,202 · management and general $24,742
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $56,764 · program services $54,493 · management and general $2,271
-
24c · Other expenses: BAD DEBT
total $39,460 · program services $39,460
-
24d · Other expenses: GENERAL AND ADMINISTRAT
total $26,305 · program services $19,992 · management and general $6,313
-
24e · All other expenses
total $81,134 · program services $55,949 · management and general $25,185
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $148,370 · end of year $104,000
-
4 · Accounts receivable
beginning of year $260,620 · end of year $493,605
-
9 · Prepaid expenses and deferred charges
end of year $29,604
-
10a · Land, buildings and equipment: cost or other basis
$675,918
-
10b · Land, buildings and equipment: accumulated depreciation
$105,308
-
10c · Land, buildings and equipment, net
beginning of year $621,346 · end of year $570,610
-
15 · Other assets
beginning of year $72,558 · end of year $288,898
-
17 · Accounts payable and accrued expenses
beginning of year $418,594 · end of year $876,518
-
19 · Deferred revenue
beginning of year $104,000 · end of year $104,350
-
23 · Secured mortgages and notes payable
beginning of year $167,183 · end of year $148,599
-
25 · Other liabilities
beginning of year $406,402 · end of year $533,526
-
27 · Net assets without donor restrictions
beginning of year -$169,926 · end of year -$546,163
-
28 · Net assets with donor restrictions
beginning of year $176,641 · end of year $369,887
Mission and programs · 2023
Mission
OUR MISSION IS TO CONNCECT AND CELEBRATE THE ENTREPRENEURIAL ECOSYSTEM IN FARGO-MOORHEAD.
Activities or mission (Part I)
CONNECTING AND CELEBRATING THE ENTREPRENEURIAL ECOSYSTEM IN FARGO-MOORHEAD.
-
PRAIRIE CAPITAL SUMMIT : 90 ENTREPRENEURS AND 35 INVESTORSPRAIRIE CAPITAL SUMMIT WAS CREATED AS A WAY TO BRING TOGETHER ENTREPRENEURS, INVESTORS, AND COMMUNITY BUILDERS TO SPARK DISCUSSIONS AROUND PRIVATE CAPITAL IN THE MIDWEST.TEDX: 1,300 ATTENDEESTEDX IS A PROGRAM OF LOCAL, SELF-ORGANIZED EVENTS THAT BRING PEOPLE TOGETHER TO SHARE A TED-LIKEEXPERIENCE. OUR EVENT IS CALLED TEDXFARGO, WHERE X = INDEPENDENTLY ORGANIZED TED EVENT. THE EVENT IS A GIFT TO THE COMMUNITY, MADE POSSIBLE BY GENEROUS SPONSORS AND VOLUNTEERS ALONG WITH HUNDREDS OF INDIVIDUALS DEDICATED TO MAKING THE COMMUNITY A BETTER PLACE.AUTONOMOUS NATION: 508 ATTENDEESCONNECT THE AUTONOMOUS INDUSTRY WITH POLICYMAKERS AT THE FOREFRONT OF THE AUTONOMOUS REVOLUTION.CULTIVATE: 478 ATTENDEESBRINGS TOGETHER A DIVERSE COMMUNITY OF EXPERTS, THOUGHT LEADERS, ENTREPRENEURS, AND GROWERS TO SHARE THEIR KNOWLEDGE AND EXPERIENCES, AND EXPLORE THE EXCITING POSSIBILITIES OF TECHNOLOGY IN AGRICULTURE.
Expenses $441,596 · Revenue $194,896
-
EMERGING DIGITAL ACADEMYNORTH DAKOTA'S FIRST (AND ONLY) IMMERSIVE CODING BOOTCAMP ACCELERATING THE TECHNOLOGY COMMUNITY. THIS 20-WEEK PROGRAM IS DESIGNED TO UPSKILL THE WORKFORE AND PREPARE PEOPLE FOR A FULL-TIME POSITION IN SOFTWARE ENGINEERING.19 TOTAL GRADUATES IN 202395% - STUDENT GRADUATION RATE84% - JOB PLACEMENT WITHIN 6 MONTHS OF GRADUATING
Expenses $1,734,624 · Grants $87,000 · Revenue $765,565
-
PRAIRIE DEN EVENTS SPACE:3 ORGANIZATIONS CONTINUED DESIGNATED PRIVATE OFFICE SPACE. (50 SOUTH CAPITAL, BREMER BANK, & BOSON MOTORS)
Expenses $115,701 · Revenue $51,064
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Byron SniderBYRON SNIDER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kodee FurstKODEE FURST
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WarreyJONATHAN WARREY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mike DerheimMIKE DERHEIM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Howard DahlHOWARD DAHL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg TehvenGREG TEHVEN
BOARD MEMBER
- Total calculated
- $186,993
- From this org
- $175,960
- From related orgs
- $0
- Other
- $11,033
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $175,960
- Bonus
- $0
- Other
- $0
- Deferred
- $6,233
- Nontaxable benefits
- $4,800
- Filer's total
- $186,993
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION IS DETERMINED AND RECORDED BY THE BOARD OF DIRECTORS BASED ON COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS. THIS PROCESS WAS LAST UNDERTAKEN IN 2018.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
GRAND FARM RESEARCH AND EDUCATION INITIATIVE INC
501(C)3 · SOLVING CHALLENGES IN THE AGRICULTURE INDUSTRY AND DEVELOP NEW OPPORTUNITIES · ND · controlled entity
Directly controlled by EMERGING PRAIRIE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349323652
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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