Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $67,719

• 1f · All other contributions, gifts and grants

  $399,788

• 1g · Noncash contributions included above

  $67,719

• 3 · Investment income

  total $45,663 · excluded $45,663

• 7a · Gross sales of assets other than inventory

  securities $881,437

• 7b · Less cost or other basis and sales expenses

  securities $822,979

• 7c · Gain or loss

  securities $58,458

• 7d · Net gain or loss

  total $58,458 · excluded $58,458

• 8a · Fundraising events: gross income

  $25,710

• 8b · Fundraising events: direct expenses

  $4,965

• 8c · Net income from fundraising events

  total $20,745 · excluded $20,745

• 11a · Other revenue: MISCELLANEOUS

  total $16,277 · excluded $16,277

• 11e · Other revenue, total

  $16,277

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $49,386 · program services $49,386

• 2 · Grants to domestic individuals

  total $51,600 · program services $51,600

• 11c · Fees: accounting

  total $52,182 · management and general $52,182

• 11g · Fees: other

  total $8,730 · management and general $8,730

• 22 · Depreciation, depletion and amortization

  total $175 · management and general $175

• 23 · Insurance

  total $719 · management and general $719

• 24a · Other expenses: MISCELLANEOUS

  total $3,469 · management and general $3,469

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $975 · management and general $975

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $41,568 · end of year $40,103

• 3 · Pledges and grants receivable

  end of year $105,500

• 4 · Accounts receivable

  beginning of year $1,435 · end of year $1,384

• 9 · Prepaid expenses and deferred charges

  end of year $825

• 10a · Land, buildings and equipment: cost or other basis

  $5,483

• 10b · Land, buildings and equipment: accumulated depreciation

  $5,483

• 10c · Land, buildings and equipment, net

  beginning of year $175 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $1,706,365 · end of year $2,244,302

• 19 · Deferred revenue

  beginning of year $0 · end of year $2,250

• 25 · Other liabilities

  beginning of year $17,900 · end of year $7,900

• 27 · Net assets without donor restrictions

  beginning of year $42,937 · end of year $90,180

• 28 · Net assets with donor restrictions

  beginning of year $1,688,706 · end of year $2,291,784

The filer's explanations (Part III)

PART I, LINE 3 EXPLANATION

THE ORGANIZATION'S EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE RELATED ORGANIZATION, ND UNITED, THROUGH USE OF A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL OF THE BOARD.