PLATINUM2024

Community Foundation of Grand Forks East Grand Forks and Region

Connecting people who care with causes that matter.

Grand Forks, ND   |  gofoundation.org
GuideStar Charity Check

Community Foundation of Grand Forks East Grand Forks and Region

EIN: 45-0448088


Mission

Connecting people who care with causes that matter.

Ruling year info

1998

Executive Director

Becca Baumbach

Main address

620 DeMers Ave

Grand Forks, ND 58201 USA

Show more contact info

EIN

45-0448088

Subject area info

Arts and culture

Education

Environment

Foundations

Nonprofits

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Population served info

Children and youth

Adults

NTEE code info

Community Foundations (T31)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Endowments & Grantmaking

Working in partnership with individuals, families, businesses, and trusted advisers, the Community Foundation manages charitable funds and provides grants to qualified nonprofit organizations and causes.

Population(s) Served
Adults
Children and youth

Where we work

Accreditations

Council on Foundations Accredited

National Standards for U.S. Community Foundations 2024

Awards

Pinnacle Award: Marketing, Communications and Events 2020

International Downtown Association (IDA)

Main Street Livability for All Ages Award 2019

State of North Dakota

Partnership Building Award 2023

North Dakota Association of Nonprofit Organizations (NDANO)

Affiliations & memberships

North Dakota Association of Nonprofit Organizations 2024

The Chamber of Grand Forks and East Grand Forks 2024

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Related Program

Endowments & Grantmaking

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Related Program

Endowments & Grantmaking

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollars received in contributions

This metric is no longer tracked.
Totals By Year
Related Program

Endowments & Grantmaking

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Financials

Community Foundation of Grand Forks East Grand Forks and Region
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 2022 Audit Report 2021 2021 Audit Report
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

26.33

Average of 14.85 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

12.1

Average of 11.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

20%

Average of 17% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Community Foundation of Grand Forks East Grand Forks and Region

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Community Foundation of Grand Forks East Grand Forks and Region

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Community Foundation of Grand Forks East Grand Forks and Region

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Community Foundation of Grand Forks East Grand Forks and Region’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$398,298 $3,233,656 $2,499,771 $3,902,205 -$2,267,336
As % of expenses -37.4% 172.8% 172.9% 249.0% -119.8%
Unrestricted surplus (deficit) after depreciation -$409,113 $3,223,097 $2,492,436 $3,892,092 -$2,275,833
As % of expenses -38.1% 171.3% 171.5% 246.7% -119.7%
Revenue composition info
Total revenue (unrestricted & restricted) $1,596,241 $3,359,992 $3,390,953 $5,453,663 $3,288,854
Total revenue, % change over prior year 10.3% 110.5% 0.9% 60.8% -39.7%
Program services revenue 4.6% 6.7% 6.0% 6.0% 26.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 20.0% 7.4% 5.9% 6.6% 13.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 68.9% 85.9% 88.1% 87.4% 60.8%
Other revenue 6.4% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,063,842 $1,871,507 $1,445,799 $1,567,324 $1,892,565
Total expenses, % change over prior year 0.5% 75.9% -22.7% 8.4% 20.8%
Personnel 9.9% 6.2% 9.2% 9.2% 8.8%
Professional fees 16.9% 8.2% 14.5% 19.3% 17.5%
Occupancy 0.8% 0.6% 0.8% 0.8% 0.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 69.8% 71.1% 67.4% 69.8% 71.4%
All other expenses 2.7% 13.9% 8.1% 1.0% 1.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,074,657 $1,882,066 $1,453,134 $1,577,437 $1,901,062
One month of savings $88,654 $155,959 $120,483 $130,610 $157,714
Debt principal payment $0 $0 $0 $23,900 $0
Fixed asset additions $0 $0 $11,683 $13,866 $0
Total full costs (estimated) $1,163,311 $2,038,025 $1,585,300 $1,745,813 $2,058,776

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 7.0 7.9 21.5 21.4 12.1
Months of cash and investments 123.0 90.3 138.7 168.6 125.5
Months of estimated liquid unrestricted net assets 103.9 79.8 124.0 144.1 105.0
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $621,428 $1,236,615 $2,592,283 $2,794,434 $1,907,116
Investments $10,279,319 $12,849,519 $14,120,257 $19,223,240 $17,880,327
Receivables $129,230 $78,422 $54,036 $73,729 $66,559
Gross land, buildings, equipment (LBE) $86,853 $86,853 $98,535 $85,480 $15,962
Accumulated depreciation (as a % of LBE) 82.1% 94.2% 90.5% 84.7% 87.3%
Liabilities (as a % of assets) 8.7% 5.8% 5.0% 3.9% 3.8%
Unrestricted net assets $9,230,458 $12,453,555 $14,945,991 $18,838,083 $16,562,250
Temporarily restricted net assets $854,856 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $854,856 $894,066 $988,045 $2,410,340 $2,550,487
Total net assets $10,085,314 $13,347,621 $15,934,036 $21,248,423 $19,112,737

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Becca Baumbach

Number of employees

Source: IRS Form 990

Community Foundation of Grand Forks East Grand Forks and Region

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Community Foundation of Grand Forks East Grand Forks and Region

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Sheila Bruhn

Commuity Volunteer

Term: 2023 - 2025

Sheila Bruhn

Community Volunteer

Kathy Fick

Community Volunteer

Michael Juntunen

Community Volunteer

Meloney Linder

Community Volunteer

Mary Loyland

Community Volunteer

Mark Miller

Community Volunteer

Shawnda Schroeder

Community Volunteer

Shawn Senescall

Community Volunteer

Jared Vigen

Community Volunteer

Emily Contreras

Community Volunteer

Aubrey Barney

Community Volunteer

Julie Taylor

Community Volunteer

Tom Ford

Community Volunteer

Cathi Feeley

Community Volunteer

Derek Holt

Community Volunteer

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 10/13/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 10/13/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.