NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION (EIN 113693935) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MATT PERDUE

Phone

7012522340

Tax Period

2024-10-01 to 2025-09-30

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION, founded in 2003, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $374K in total revenue in fiscal year 2024. The organization ran a surplus of $219K, a strong 59% operating margin.

Mission

THE PURPOSE OF THE ND FARMERS EDUCATIONAL FOUNDATION IS TO SUPPORT THE NORTH DAKOTA FARMERS UNION FOUNDATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $272,261

Program Service Revenue $0

Investment Income $102,193

Other Revenue $0

TOTAL REVENUE $374,454

Expense Breakdown

Grants Paid $147,261

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $155,049

Other Expenses $7,788

TOTAL EXPENSES $155,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,454	$376,749	0.0%
Expenses	$155,049	$256,663	-0.4%
Net Income	$219,405	$120,086	+0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$684,121

Total Directors

$792,097

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN VIG	DIRECTOR	1.00	Director	$0	$0	$22,425
JON IVERSON	DIRECTOR	1.00	Director	$0	$0	$20,806
MARK WATNE	PRESIDENT	1.00	Officer Director	$0	$10,350	$597,298
MICHELLE ZIESCH	DIRECTOR	1.00	Director	$0	$0	$23,958
ROBERT FINKEN	DIRECTOR	1.00	Director	$0	$0	$26,812
ROBERT KUYLEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$37,673
SHANE SICKLER	TREASURER	1.00	Officer Director	$0	$0	$28,066
TYLER STAFSLIEN	DIRECTOR	1.00	Director	$0	$0	$13,975
WESLEY NIEDERMAN	SECRETARY	1.00	Officer Director	$0	$0	$21,084

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$374,454	$155,049	$2,612,151	$219,405
2024	$376,749	$256,663	$2,261,349	$120,086
2023	$281,266	$232,696	$1,872,460	$48,570
2022	$971,812	$231,739	$1,692,240	$740,073
2021	$941,697	$1,824,994	$1,170,019	$-883,297
2020	$559,874	$263,106	$2,017,544	$296,768
2019	$299,278	$150,144	$1,726,997	$149,134
2018	$360,051	$223,040	$1,582,399	$137,011

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION