ZUnclassifiedEIN: 450344784· Ruling Year: 1978

Minot State University Development Foundation

Minot, North Dakota

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org14.65×
Peer Median15.40×
💰
$5.3M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$47.3M
Net Assets
📋
$10.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-54.5%
Year-over-year change (2022 → 2023)
Net Margin
+39.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.65
Net assets divided by total expenses
Liabilities-to-Assets
18.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,304,84555%$3,230,75215%$57,770,6979%
2022$11,663,99452%$2,806,88919%$52,940,1742%
2021$7,678,265127%$2,368,1467%$52,044,46640%
2020$3,378,89313%$2,545,4584%$37,175,761
2019$3,875,15735%$2,454,64118%$37,010,9688%
2018$5,982,19945%$2,976,19396%$34,124,88410%
2017$4,123,16628%$1,517,17524%$30,970,3928%
2016$5,710,20673%$1,224,86817%$28,783,69615%
2015$3,302,80943%$1,471,26529%$25,125,2183%
2014$5,762,806153%$1,142,8135%$24,326,63534%
2013$2,276,204110%$1,209,23810%$18,115,4054%
2012$1,085,98247%$1,097,640116%$17,461,76925%
2011$2,054,843$508,779$13,964,553

Frequently Asked Questions

What does Minot State University Development Foundation do?

Minot State University Development Foundation is a unclassified nonprofit organization based in North Dakota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Minot State University Development Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Minot State University Development Foundation has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Minot State University Development Foundation generate?

Minot State University Development Foundation reports $5.7M in annual revenue and holds $61.7M in total assets, based on IRS filings.

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