BISMARCK, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HERITAGE FOUNDATION FOR GERMANS FROM RUSSIA, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $50K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $29K, a strong 58% operating margin.
Functions as a fundraising arm to GRHS by receiving donations and investing those funds to support GRHS. GRHS is a 501(c)(3) organization with the goal of preserving German Russian culture and heritage. See description provided in Part I, Line 1.
Amounts paid from the GRHS Future Growth fund, dedicated to supporting GRHS. Grants paid directly in cash to supported organization, Germans From Russia Society (GRHS), the grantee. The Heritage...
Amounts paid from the GRHS Future Growth fund, dedicated to supporting GRHS. Grants paid directly in cash to supported organization, Germans From Russia Society (GRHS), the grantee. The Heritage Foundation for Germans from Russia (HFGR) manages the GRHS Future Growth fund through investments of donations made to HFGR. Other than grants paid, no material expenses incurred or allocated to program.
Grants paid out to unrelated grantees of the Joseph Height fund for prizes cash paid for writing awards as determined by GRHS. Awards are for writing contests that relate to the cultural mission of...
Grants paid out to unrelated grantees of the Joseph Height fund for prizes cash paid for writing awards as determined by GRHS. Awards are for writing contests that relate to the cultural mission of GRHS. HFGR manages the Joseph Height fund through investments of donations made to HFGR. Other than grants paid, no material expenses incurred or allocated to program.
Grants paid out to unrelated grantees of the Youth Essay program for prizes cash paid for writing awards as determined by GRHS. Awards are for writing contests that relate to the cultural mission of...
Grants paid out to unrelated grantees of the Youth Essay program for prizes cash paid for writing awards as determined by GRHS. Awards are for writing contests that relate to the cultural mission of GRHS. The prizes are paid out of the Gwen Pritzkau fund, which is managed by HFGR through investments of donations made to HFGR. Other than grants paid, no material expenses incurred or allocated to program.
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 | $50,158 | $58,544 | -0.1% |
| Expenses | $21,296 | $19,412 | +0.1% |
| Net Income | $28,862 | $39,132 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Cameron Nicklaus | President | 0.25 |
Director
|
$0 | $0 | $0 |
| Tim Geiger | Vice President | 0.25 |
Director
|
$0 | $0 | $0 |
| Randy Heinz | Secretary | 1 |
Director
|
$0 | $0 | $0 |
| Robert W Schauer | Treausurer | 1 |
Director
|
$0 | $0 | $0 |
| Curtis Mertz | Ex Officio | 0.25 |
Director
|
$0 | $0 | $0 |
| Alex Herzog | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Peter Baer | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Charles Weisser | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Steve Eberle | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| David Feist | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $50,158 | $21,296 | $664,136 | $28,862 |
| 2024 | $58,544 | $19,412 | $582,053 | $39,132 |
Compare HERITAGE FOUNDATION FOR GERMANS FROM RUSSIA with other nonprofits in North Dakota and across the country.