NORTH DAKOTA GOVERNORS CUP

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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

2025

Legal Domicile

Principal Officer

RON NESS

Phone

7012378200

Tax Period

2025-01-21 to 2025-12-31

NORTH DAKOTA GOVERNORS CUP, founded in 2025, is a small nonprofit that reported $536K in total revenue in fiscal year 2025.

Mission

NORTH DAKOTA GOVERNORS' CUP IS A NORTH DAKOTA NONPROFIT CORPORATION ORGANIZED TO STRENGTHEN THE STATE'S WORKFORCE AND SUPPORT ITS FUTURE TALENT. THE ORGANIZATION ADVANCES THIS MISSION BY HOSTING AN ANNUAL PREMIER BUSINESS NETWORKING EVENT - BRINGING TOGETHER NORTH DAKOTA'S TOP BUSINESS, CIVIC, AND GOVERNMENTAL LEADERS TO CELEBRATE THE STATE'S STRONG BUSINESS CLIMATE, COMMUNITY SPIRIT, AND QUALITY OF LIFE - AND BY DIRECTING THE NET PROCEEDS OF THAT EVENT TO THE NORTH DAKOTA CAREER BUILDERS SCHOLARSHIP AND LOAN REPAYMENT PROGRAM, A STATE OF NORTH DAKOTA PROGRAM ADMINISTERED BY THE NORTH DAKOTA UNIVERSITY SYSTEM THAT PROVIDES SCHOLARSHIPS AND LOAN REPAYMENT ASSISTANCE TO QUALIFIED WORKERS BUILDING THEIR FUTURES IN HIGH- NEED AND EMERGING OCCUPATIONS ACROSS THE STATE.

Program Service Accomplishments

Program 1

Expenses: $527,276 Revenue: $22,530

THE NORTH DAKOTA GOVERNORS' CUP HOSTED ITS SECOND ANNUAL PREMIER BUSINESS NETWORKING EVENT ON JULY 28-29, 2025, IN BISMARCK, NORTH DAKOTA, DRAWING APPROXIMATELY 375+ ATTENDEES FROM ACROSS NORTH...

THE NORTH DAKOTA GOVERNORS' CUP HOSTED ITS SECOND ANNUAL PREMIER BUSINESS NETWORKING EVENT ON JULY 28-29, 2025, IN BISMARCK, NORTH DAKOTA, DRAWING APPROXIMATELY 375+ ATTENDEES FROM ACROSS NORTH DAKOTA AND BEYOND, INCLUDING THE STATE'S LEADING BUSINESS EXECUTIVES, CIVIC LEADERS, MEMBERS OF THE NORTH DAKOTA LEGISLATURE, STATEWIDE ELECTED OFFICIALS, GOVERNOR KELLY ARMSTRONG, AND FORMER GOVERNOR JACK DALRYMPLE AND FORMER FIRST LADY BETSY DALRYMPLE. THE TWO-DAY EVENT FEATURED AN OPENING RECEPTION AT THE NORTH DAKOTA STATE CAPITOL INSIDE MEMORIAL HALL, GOLF TOURNAMENTS AT HAWKTREE GOLF CLUB AND PRAIRIE WEST GOLF COURSE, A SPORTING CLAYS COMPETITION AT CAPITAL CITY SPORTING CLAYS, AND A CLOSING PROGRAM AT THE NEW BISMARCK STATE COLLEGE POLYTECHNIC CENTER. THE MONDAY EVENING PROGRAM INCLUDED A PUBLIC-FACING DRONE SHOW OVER THE CAPITOL MALL AND A PERFORMANCE BY TIGIRLILY GOLD, BOTH PRESENTED FREE TO THE BROADER BISMARCK COMMUNITY. THE ORGANIZATION ALSO PRESENTED ITS INAUGURAL WORKFORCE CHAMPION AWARD TO RECOGNIZE AN INDIVIDUAL WHOSE WORK HAS MATERIALLY ADVANCED WORKFORCE DEVELOPMENT IN NORTH DAKOTA. THROUGH THE FINANCIAL SUPPORT OF ITS SPONSORS, THE ORGANIZATION GENERATED PROCEEDS THAT CONTRIBUTED 130,000 TO THE NORTH DAKOTA CAREER BUILDERS SCHOLARSHIP & LOAN REPAYMENT PROGRAM. WITH THE STATE OF NORTH DAKOTA'S 1:1 MATCH, THIS CONTRIBUTION MADE 260,000 AVAILABLE TO FUND SCHOLARSHIPS AND LOAN REPAYMENT AWARDS FOR NORTH DAKOTANS PURSUING HIGH-NEED AND EMERGING OCCUPATIONS WITHIN THE STATE. COMBINED WITH THE ORGANIZATION'S 2024 CONTRIBUTION, THE GOVERNORS' CUP HAS SUPPORTED APPROXIMATELY 760,000 IN TOTAL FUNDING (PRIVATE CONTRIBUTIONS PLUS STATE MATCH) FOR THE PROGRAM IN ITS FIRST TWO YEARS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $513,755

Program Service Revenue $22,530

Investment Income $0

Other Revenue $0

TOTAL REVENUE $536,285

Expense Breakdown

Grants Paid $130,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $527,276

Other Expenses $400,541

TOTAL EXPENSES $530,541

Year-over-Year Comparison

	2025	2024	Change
Revenue	$536,285	N/A	N/A
Expenses	$530,541	N/A	N/A
Net Income	$5,744	N/A	N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON NESS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CORY FONG	SEC-TREAS	1.00	Officer Director	$0	$0	$0
LEVI ANDRIST	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE KOMMER	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN STENEHJEM	DIRECTOR	1.00	Director	$0	$0	$0
NATE MARTINDALE	DIRECTOR	1.00	Director	$0	$0	$0
GARY MOOS	DIRECTOR	1.00	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	$536,285	$530,541	$173,744	$5,744