VALLEY CITY STATE UNIVERSITY FOUNDATION (EIN 237178785) - 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

1972

Legal Domicile

Principal Officer

Cory Anderson

Phone

7018457203

Tax Period

2023-07-01 to 2024-06-30

VALLEY CITY STATE UNIVERSITY FOUNDATION, founded in 1972, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2023. Revenue surged 314% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.1M, a strong 63% operating margin.

Mission

To aid advancement by awarding scholarships and promoting Valley City State University.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,867,239

Program Service Revenue $0

Investment Income $617,855

Other Revenue $157,025

TOTAL REVENUE $9,642,119

Expense Breakdown

Grants Paid $2,113,180

Salaries & Benefits $336,356

Fundraising Expenses $1,008,138

Program Expenses $2,113,180

Other Expenses $1,055,713

TOTAL EXPENSES $3,560,249

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,642,119	$2,329,236	+3.1%
Expenses	$3,560,249	$2,802,730	+0.3%
Net Income	$6,081,870	$-473,494	-13.8%

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

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

Total Directors

$271,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dee Jensen	Director	2.00	Director	$0	$0	$0
DuWayne Bott	Director	2.00	Director	$0	$0	$0
George Gaukler	Director	2.00	Director	$0	$0	$0
Matt Klabo	Director	2.00	Director	$0	$0	$0
Dave Bass	Secretary	10.00	Officer Director	$0	$0	$0
Matt Pedersen	Vice Chairman	10.00	Officer Director	$0	$0	$0
Al LaFave	Non-Voting Director	2.00	Director	$0	$0	$0
Karsten Melgaard	Director	2.00	Director	$0	$0	$0
Phil Mueller	Director	2.00	Director	$0	$0	$0
Bob Bergan	Director	2.00	Director	$0	$0	$0
Mark Finstad	Director	2.00	Director	$0	$0	$0
Ken Astrup	Director	2.00	Director	$0	$0	$0
Jeff Nathan	President	10.00	Officer Director	$0	$0	$0
Kirsten Baesler	Director	2.00	Director	$0	$0	$0
Liz Ryerson	Treasurer	10.00	Officer Director	$0	$0	$0
Larry Robinson	Director	40.00	Director	$131,545	$18,645	$150,190
Dr Genevieve Goven	Director	2.00	Director	$0	$0	$0
Mark Richman	Director	2.00	Director	$0	$0	$0
Robert Horne	Director	2.00	Director	$0	$0	$0
Josh Kasowski	Director	2.00	Director	$0	$0	$0
Cory Anderson	Non-Voting Director	40.00	Director	$102,548	$18,645	$121,193
Paul Sandness	Director	2.00	Director	$0	$0	$0
Ryan Leroux	Director	2.00	Director	$0	$0	$0
Erica Buchholz	Non-Voting Director	2.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$9,642,119	$3,560,249	$27,499,825	$6,081,870
2023	$2,329,236	$2,802,730	$19,726,854	$-473,494
2022	$7,610,342	$2,938,317	$18,931,398	$4,672,025
2021	$4,313,642	$2,592,211	$19,577,271	$1,721,431
2020	$2,039,931	$3,210,866	$14,752,360	$-1,170,935
2019	$3,605,223	$3,221,280	$16,909,751	$383,943

VALLEY CITY STATE UNIVERSITY FOUNDATION