Skip to content
Nonprofiteer
← MINOT CATHOLIC SCHOOLS FOUNDATION

Form 990 for tax year 2023

Filed by MINOT CATHOLIC SCHOOLS FOUNDATION.

Totals

Total revenue
$784,838
Total expenses
$276,728
Contributions and grants received
$709,172
Grants paid
$241,461
Program service revenue
$0
Investment income
$50,023
Other revenue
$25,643
Total assets, end of year
$9,114,644
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$9,114,644
Program services expenses (Part IX)
$241,461
Management and general expenses
$35,267
Fundraising expenses
$0
Program service expenses (Part III)
$241,461

Program services were 87.3% 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.

  • 1f · All other contributions, gifts and grants

    $709,172

  • 3 · Investment income

    total $50,023 · excluded $50,023

  • 5 · Royalties

    total $61 · excluded $61

  • 8a · Fundraising events: gross income

    $39,744

  • 8b · Fundraising events: direct expenses

    $18,199

  • 8c · Net income from fundraising events

    total $21,545 · excluded $21,545

  • 11a · Other revenue: REALIZED GAIN ON INVES

    total $3,973 · excluded $3,973

  • 11b · Other revenue: MISCELLEANEOUS

    total $64 · excluded $64

  • 11e · Other revenue, total

    $4,037

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $241,461 · program services $241,461

  • 11a · Fees: management

    total $13,712 · management and general $13,712

  • 11b · Fees: legal

    total $10 · management and general $10

  • 11c · Fees: accounting

    total $4,205 · management and general $4,205

  • 13 · Office expenses

    total $1,131 · management and general $1,131

  • 23 · Insurance

    total $45 · management and general $45

  • 24a · Other expenses: ANNUTIY PAYMENT

    total $10,000 · management and general $10,000

  • 24b · Other expenses: TRUST FEES

    total $4,465 · management and general $4,465

  • 24c · Other expenses: MISCELLANEOUS

    total $850 · management and general $850

  • 24d · Other expenses: SPONSORSHIP

    total $750 · management and general $750

  • 24e · All other expenses

    total $99 · management and general $99

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $124,853 · end of year $103,444

  • 2 · Savings and temporary cash investments

    beginning of year $12,070 · end of year $281,843

  • 11 · Investments: publicly traded securities

    beginning of year $8,311,459 · end of year $8,621,602

  • 12 · Investments: other securities

    beginning of year $107,755 · end of year $107,755

  • 27 · Net assets without donor restrictions

    beginning of year $316,784 · end of year $957,504

  • 28 · Net assets with donor restrictions

    beginning of year $8,239,353 · end of year $8,157,140

Mission and programs · 2023

Mission

THE FOUNDATION RAISES MONEY TO HELP SUPPORT BISHOP RYAN HIGH SCHOOL THROUGH DIRECT DISBURSEMENTS AS WELL AS WORK STUDY DISBURSEMENTS TO STUDENTS.

  • DISBURSEMENTS TO BISHOP RYAN HIGH SCHOOL FOR WORK STUDY TO PAY TUITION FOR STUDENTS ATTENDING BISHOP RYAN HIGH SCHOOL AS WELL AS MATH BOOKS AND OTHER PROGRAM RELATED EXPENSE

    Expenses $241,461 · Grants $241,461

As filed on the 2023 return.

Listed in Part VII

  • Gregg Magnuson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Danny Schall

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Kim Hirchena

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Jon Backes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kathleen Gaddie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • James Kasper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Christianson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Patrick Butz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dean Rubbleke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Adam Maus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Stephen Ronning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Fr Kreitinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Aften Grant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jadyn Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kristen Klein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Denne

    FOUNDATION DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants 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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202531339349302778

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.