Bismarck, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bismarck State College Foundation, founded in 1979, is a community nonprofit in the Education sector that reported $7.9M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.5M, a strong 45% operating margin.
Engage in those activities which support and assist in the development and advancement of Bismarck State College.
The BSC Foundation Grant Program makes dollars available to BSC staff, faculty, and student organizations to fund a wide variety of projects. Emphasis is given to innovative teaching and creative...
The BSC Foundation Grant Program makes dollars available to BSC staff, faculty, and student organizations to fund a wide variety of projects. Emphasis is given to innovative teaching and creative learning projects. A wide variety of teaching and demonstration equipment, campus presenters, performing art events, guest lecturers, consulting services, research, conference registrations, and other innovative projects have been supported through the Grants Program. Grants are awarded by the Board of Trustees Programs Committee.Student Housing:The Foundation leases two residence halls to Bismarck State College. (Continued on Schedule O)Ritchie Hall and Gate City Hall, co-educational apartment style residence halls, have a total capacity of 128 students.
The BSC Foundation is committed to the encouragement and support of academic excellence. Through the support of many generous benefactors, the BSC Foundation is able to budget over $1,300,000 in...
The BSC Foundation is committed to the encouragement and support of academic excellence. Through the support of many generous benefactors, the BSC Foundation is able to budget over $1,300,000 in scholarship awards to over 800 students. Receiving other scholarships will not disqualify applicants from receiving BSC Foundation scholarships.The BSC Foundation scholarship program was established for the purpose of attracting and retaining students of outstanding ability and potential, regardless of gender, race, creed or national origin. Scholarships are awarded by the Board of Trustees Programs Committee.
Student Recognition:Outstanding Student Awards are given to the students selected by faculty in each of BSC's programs and departments. These outstanding students receive a certificate and $50 cash...
Student Recognition:Outstanding Student Awards are given to the students selected by faculty in each of BSC's programs and departments. These outstanding students receive a certificate and $50 cash award from BSC Foundation.Phi Theta Kappa is an international two-year college honor society. Students nominated for membership have maintained an accumulative grade point average of 3.5 or better and have completed 15 semester hours in residence at BSC applicable to an associate degree. The Phi Theta Kappa receives a paid initiation fee for membership, a pin, and a certificate(Continued on Schedule O)from the BSC Foundation. They are honored at the BSC Recognition Ceremony with a certificate from the BSC Foundation.Employee RecognitionYears of Service: To acknowledge the contributions BSC faculty and staff make to the excellence of education, the Foundation sponsors a recognition program for employees. Employees are awarded gift cards and certificates beginning with five years of service and are honored with each five-year increment.BSC Faculty and Staff Awards for Excellence: this Foundation-sponsored program ensures that everyone has an equal opportunity to be recognized, through this prestigious award, for their outstanding contributions to Bismarck State College. To publicly recognize the Award for Excellence recipients, they are announced at BSC's award ceremony in the spring. Two faculty award recipients will each receive $1,000, two staff award recipients will each receive $1,000, an adjunct faculty receives $250, and a part-time staff member receives a $250 award.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,905,218 | $14,011,182 | -0.4% |
| Expenses | $4,364,297 | $4,634,500 | -0.1% |
| Net Income | $3,540,921 | $9,376,682 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Danette Welsh | Chair | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Wade Mann | President | 1.00 |
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$0 | $0 | $0 |
| Russ Hanson | Vice President | 1.00 |
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$0 | $0 | $0 |
| Kevin Stadler | Development Committee Chair | 1.00 |
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$0 | $0 | $0 |
| Mark Zimmerman | Program Committee Chair | 1.00 |
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$0 | $0 | $0 |
| Sarah Getzlaff | Finance Committee Chair | 1.00 |
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$0 | $0 | $0 |
| Tricia Schlosser | Board Member | 1.00 |
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$0 | $0 | $0 |
| Wade Boeshans | Board Member (Until Nov 24) | 1.00 |
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$0 | $0 | $0 |
| Zac Weis | Board Member | 1.00 |
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$0 | $0 | $0 |
| Kenna Mutschelknaus | Board Member (Until Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Alex Kowski | Board Member (As of May 25) | 1.00 |
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$0 | $0 | $0 |
| Alexis Baxley | Board Member (As of Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Amy Mazigian | Board Member | 1.00 |
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$0 | $0 | $0 |
| Andy Cramer | Board Member | 1.00 |
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$0 | $0 | $0 |
| Barry Haugen | Board Member (Until Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Blaize Morris | Board Member (As of Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Brad Balerud | Board Member | 1.00 |
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$0 | $0 | $0 |
| Brad Ballweber | Board Member | 1.00 |
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$0 | $0 | $0 |
| Brandon Reems | Board Member | 1.00 |
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$0 | $0 | $0 |
| Bryan Walther | Board Member (Until May 25) | 1.00 |
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$0 | $0 | $0 |
| Cam Knutson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Chad Wachter | Board Member | 1.00 |
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$0 | $0 | $0 |
| Cindy Clairmont | Board Member | 1.00 |
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$0 | $0 | $0 |
| Curt Walth | Board Member | 1.00 |
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$0 | $0 | $0 |
| Dale Pahlke | Board Member | 1.00 |
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$0 | $0 | $0 |
| Dan Polk | Board Member | 1.00 |
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$0 | $0 | $0 |
| Darren Snow | Board Member | 1.00 |
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$0 | $0 | $0 |
| Dave Clark | Board Member | 1.00 |
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$0 | $0 | $0 |
| Dave Mason | Board Member | 1.00 |
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$0 | $0 | $0 |
| David Straley | Board Member | 1.00 |
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$0 | $0 | $0 |
| Deb Mantz | Board Member | 1.00 |
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$0 | $0 | $0 |
| Debra Gallagher | Board Member | 1.00 |
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$0 | $0 | $0 |
| Dorothy Lick | Board Member (As of Nov 24) | 1.00 |
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$0 | $0 | $0 |
| Eric Brenden | Board Member | 1.00 |
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$0 | $0 | $0 |
| Florence Hauer | Board Member | 1.00 |
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$0 | $0 | $0 |
| Gina Hruby | Board Member | 1.00 |
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$0 | $0 | $0 |
| Glenn Bosch | Board Member | 1.00 |
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$0 | $0 | $0 |
| Greg Bavendick | Board Member | 1.00 |
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$0 | $0 | $0 |
| Irene Tschider | Board Member | 1.00 |
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$0 | $0 | $0 |
| Jean Schafer | Board Member | 1.00 |
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$0 | $0 | $0 |
| Jeff Nelson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Jeffery Wuitschick | Board Member (Until Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Jennifer Heck | Board Member | 1.00 |
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$0 | $0 | $0 |
| Jesse Johnson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Jim Christianson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Joel Kostelecky | Board Member (Until July 24) | 1.00 |
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$0 | $0 | $0 |
| John Bauer | Board Member (Until Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Joshua Nuss | Board Member (As of Feb 25) | 1.00 |
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$0 | $0 | $0 |
| Judy Pfeifle | Board Member | 1.00 |
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$0 | $0 | $0 |
| Kene Miller | Board Member (Until Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Kevin Dykema | Board Member | 1.00 |
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$0 | $0 | $0 |
| Kevin Gilchrist | Board Member | 1.00 |
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$0 | $0 | $0 |
| Kevin Magstadt | Board Member | 1.00 |
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$0 | $0 | $0 |
| Kristine Melby | Board Member (Until May 25) | 1.00 |
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$0 | $0 | $0 |
| Larry Skogen | Board Member | 1.00 |
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$0 | $0 | $0 |
| Lee Weisbeck | Board Member | 1.00 |
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$0 | $0 | $0 |
| Loren Kopseng | Board Member | 1.00 |
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$0 | $0 | $0 |
| Marby Hogen | Board Member | 1.00 |
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$0 | $0 | $0 |
| Marlene Anderson | Board Member (As of Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Mary Theel | Board Member | 1.00 |
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$0 | $0 | $0 |
| Mat Hirst | Board Member | 1.00 |
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$0 | $0 | $0 |
| Megan Houn | Board Member | 1.00 |
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$0 | $0 | $0 |
| Melissa Hauer | Board Member | 1.00 |
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$0 | $0 | $0 |
| Mike Bitz | Board Member | 1.00 |
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$0 | $0 | $0 |
| Mike Haider | Board Member | 1.00 |
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$0 | $0 | $0 |
| Mike Heger | Board Member | 1.00 |
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$0 | $0 | $0 |
| Mike Holman | Board Member (As of Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Patrick Ward | Board Member | 1.00 |
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$0 | $0 | $0 |
| Paul Sandness | Board Member | 1.00 |
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$0 | $0 | $0 |
| Rachel Retterath | Board Member | 1.00 |
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$0 | $0 | $0 |
| Rebecca Ternes | Board Member | 1.00 |
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$0 | $0 | $0 |
| Reece Boehm | Board Member (As of Sept 24) | 1.00 |
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$0 | $0 | $0 |
| Reed Reyman | Board Member (As of Feb 25) | 1.00 |
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$0 | $0 | $0 |
| Rob Koppinger | Board Member | 1.00 |
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$0 | $0 | $0 |
| Ross Wilmes | Board Member | 1.00 |
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$0 | $0 | $0 |
| Scott Becker | Board Member | 1.00 |
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$0 | $0 | $0 |
| Scott LaCoe | Board Member (Until Feb 25) | 1.00 |
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$0 | $0 | $0 |
| Stacy Tschider | Board Member | 1.00 |
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$0 | $0 | $0 |
| Susan Walker Weiand | Board Member | 1.00 |
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$0 | $0 | $0 |
| Tammy Nygard | Board Member | 1.00 |
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$0 | $0 | $0 |
| Terry Daffinrud | Board Member | 1.00 |
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$0 | $0 | $0 |
| Terry Kraft | Board Member | 1.00 |
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$0 | $0 | $0 |
| Thomas Atkinson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Todd Schaffer | Board Member | 1.00 |
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$0 | $0 | $0 |
| Tony Welder | Board Member (Until March 25) | 1.00 |
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$0 | $0 | $0 |
| Kari Knudson NV | Executive Director | 40.00 |
Officer
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$170,187 | $42,300 | $212,487 |
| Rebecca Collins NV | Secretary-Treasurer | 1.00 |
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$0 | $0 | $0 |
| Brent Sanford NV-President | of BSC (Jan-Apr 25) | 1.00 |
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$0 | $0 | $0 |
| Daniel Leingang NV-President | of BSC (As of Apr 25) | 1.00 |
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$0 | $0 | $0 |
| Douglas Jensen NV-President | of BSC (Until Jan 25) | 1.00 |
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,905,218 | $4,364,297 | $71,345,063 | $3,540,921 |
| 2024 | $14,011,182 | $4,634,500 | $65,863,270 | $9,376,682 |
| 2023 | $5,589,699 | $3,551,232 | $53,602,906 | $2,038,467 |
| 2022 | $6,634,796 | $2,966,578 | $50,132,874 | $3,668,218 |
| 2021 | $4,203,198 | $3,040,323 | $52,565,750 | $1,162,875 |
| 2020 | $4,193,290 | $3,411,800 | $46,167,861 | $781,490 |
| 2019 | $5,004,330 | $2,460,142 | $47,150,547 | $2,544,188 |
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