NORTH DAKOTA VETERANS HOME FOUNDATION INC

EIN: 363615756 501(c)(3)

GRAND FORKS, ND

Total Revenue
$89,481
Total Expenses
$37,446
Total Assets
$783,673
Net Assets
$783,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
ND
Principal Officer
ROY FILLION
Phone
2182303106
Tax Period
2025-01-01 to 2025-12-31

NORTH DAKOTA VETERANS HOME FOUNDATION INC, founded in 1987, is a micro nonprofit that reported $89K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $52K, a strong 58% operating margin.

Mission

THE NORTH DAKOTA VETERANS HOME FOUNDATION BUILDS AND MANAGES A PERMANENT ENDOWMENT FOR THE NORTH DAKOTA VETERANS HOME TO ENHANCE THE QUALITY OF LIFE OF OUR VETERANS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $44,942
Program Service Revenue $0
Investment Income $42,926
Other Revenue $1,613
TOTAL REVENUE $89,481

Expense Breakdown

Grants Paid $29,640
Salaries & Benefits $0
Fundraising Expenses $825
Program Expenses $33,429
Other Expenses $7,806
TOTAL EXPENSES $37,446

Year-over-Year Comparison

2025 2024 Change
Revenue $89,481 $79,198 +0.1%
Expenses $37,446 $19,003 +1.0%
Net Income $52,035 $60,195 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM FENSTAD PRESIDENT 2.00
Officer Director
$0 $0 $0
ED AHONEN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ROY FILLION TREASURER 2.00
Officer Director
$0 $0 $0
KENNY WIEDERHOLT SECRETARY 2.00
Officer Director
$0 $0 $0
DON FAITH DIRECTOR 1.00
Director
$0 $0 $0
JIM HAPALA DIRECTOR 1.00
Director
$0 $0 $0
CHRIS HEISE DIRECTOR 1.00
Director
$0 $0 $0
JEFF HUMMEL DIRECTOR 1.00
Director
$0 $0 $0
MIKE LEE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
RUSS STABLER DIRECTOR 1.00
Director
$0 $0 $0
JIM VERWEY DIRECTOR 1.00
Director
$0 $0 $0
LARRY YOUNG DIRECTOR 1.00
Director
$0 $0 $0
DENNIS WHITE DIRECTOR 1.00
Director
$0 $0 $0
ALAN WONDRASEK 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 $89,481 $37,446 $783,673 $52,035
2024 $79,198 $19,003 $690,443 $60,195
2023 $132,414 $37,461 $601,189 $94,953
2022 $81,470 $14,601 $497,622 $66,869
2021 $69,436 $22,062 $548,134 $47,374
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