Children's Village Family Service Foundation

EIN: 456013464 501(c)(3) Human Services

Fargo, ND

Total Revenue
$385,796
Total Expenses
$294,813
Total Assets
$5,277,546
Net Assets
$4,607,828
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
ND
Principal Officer
Kelly Olson
Phone
7014514900
Tax Period
2023-01-01 to 2023-12-31

Children's Village Family Service Foundation, founded in 1957, is a small nonprofit in the Human Services sector that reported $386K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $91K, a strong 24% operating margin.

Mission

To provide permanent support for the activities and programs of the Village Family Service Center.

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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 (2023)

Revenue Breakdown

Contributions & Grants $137,079
Program Service Revenue $0
Investment Income $247,717
Other Revenue $1,000
TOTAL REVENUE $385,796

Expense Breakdown

Grants Paid $250,004
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,004
Other Expenses $44,809
TOTAL EXPENSES $294,813

Year-over-Year Comparison

2023 2022 Change
Revenue $385,796 $409,949 -0.1%
Expenses $294,813 $2,506,426 -0.9%
Net Income $90,983 $-2,096,477 -1.0%
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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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
6
$355,294
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Louise Dardis Chairperson 2.00
Officer Director
$0 $0 $0
Dr Cory Steiner Vice Chairperson 1.00
Officer Director
$0 $0 $0
Paul Zenker Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Timothy Sayler Treasurer (Until April) 1.00
Officer Director
$0 $0 $0
Thomas Rohleder Board Member 1.00
Director
$0 $0 $0
Gail Bernabucci Board Member 1.00
Director
$0 $0 $0
Lorrie Thoemke Board Member 1.00
Director
$0 $0 $0
Brandy Pyle Board Member 1.00
Director
$0 $0 $0
Chris Champ Board Member 1.00
Director
$0 $0 $0
Rich Duysen Board Member 1.00
Director
$0 $0 $0
Jayne Gust Board Member (Until May) 1.00
Director
$0 $0 $0
Sandra Skallerud Board Member (Until April) 1.00
Director
$0 $0 $0
Kelly Olson Tingelstad CEO 2.00
Officer
$0 $10,545 $221,601
Chad DeJong CFO 2.00
Officer
$0 $2,318 $133,693
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
2024 No data No data No data No data
2023 $385,796 $294,813 $5,277,546 $90,983
2022 $409,949 $2,506,426 $5,002,914 $-2,096,477
2021 $362,852 $335,737 $7,487,765 $27,115
2020 $170,213 $301,990 $7,209,148 $-131,777
2019 $-178,654 $386,489 $7,046,941 $-565,143
2018 $196,812 $764,457 $7,357,559 $-567,645
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