DSU Heritage Foundation

EIN: 475378716 501(c)(3) Education

Dickinson, ND

Total Revenue
$6,108,325
Total Expenses
$6,051,791
Total Assets
$26,838,747
Net Assets
$26,756,403
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
ND
Principal Officer
Vince Reep
Phone
7014832486
Tax Period
2022-07-01 to 2023-06-30

DSU Heritage Foundation, founded in 2015, is a community nonprofit in the Education sector that reported $6.1M in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Net assets of $26.8M represent 53 months of operating reserves.

Mission

Secure, manage, & disburse funds to stimulate & foster support for Dickinson State University.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,002,646
Program Service Revenue $264,636
Investment Income $1,107,303
Other Revenue $733,740
TOTAL REVENUE $6,108,325

Expense Breakdown

Grants Paid $4,764,664
Salaries & Benefits $393,170
Fundraising Expenses $119,627
Program Expenses $5,121,345
Other Expenses $893,957
TOTAL EXPENSES $6,051,791

Year-over-Year Comparison

2022 2021 Change
Revenue $6,108,325 $17,360,478 -0.6%
Expenses $6,051,791 $2,418,352 +1.5%
Net Income $56,534 $14,942,126 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
N/A

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
$199,623
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vince Reep President 2.00
Officer Director
$0 $0 $0
Steve Goodall Secretary 2.00
Officer Director
$0 $0 $0
Val Mack Treasurer 2.00
Officer Director
$0 $0 $0
Susan Anderson Member 0.10
Director
$0 $0 $0
Dr Tom Arnold Member 0.10
Director
$0 $0 $0
Terald Bang Member 0.10
Director
$0 $0 $0
Bob Baumann Member 0.10
Director
$0 $0 $0
Hank Biesiot Member 0.10
Director
$0 $0 $0
Dodie Birdsall Member 0.10
Director
$0 $0 $0
Robert Bollinger Member 0.10
Director
$0 $0 $0
Paul Clarys Member 0.10
Director
$0 $0 $0
Haylee Cripe Member 0.10
Director
$0 $0 $0
Bruce Dolezal Member 0.10
Director
$0 $0 $0
Steve Easton Member 0.10
Director
$0 $0 $0
Mandie Erickson Member 0.10
Director
$0 $0 $0
Robert Green Member 0.10
Director
$0 $0 $0
Grant Haugland Member 0.10
Director
$0 $0 $0
Dr Brian Jesperson Member 0.10
Director
$0 $0 $0
Amber Kuntz Member 0.10
Director
$0 $0 $0
Scott Molander Member 0.10
Director
$0 $0 $0
Klayton Oltmanns Member 0.10
Director
$0 $0 $0
Steve Perdue Member 0.10
Director
$0 $0 $0
Irene Schafer Member 0.10
Director
$0 $0 $0
Jim Schwartz Member 0.10
Director
$0 $0 $0
Pete Stanton Member 0.10
Director
$0 $0 $0
Deb Zilllich Member 0.10
Director
$0 $0 $0
Ty Orton Executive Director 40.00
Officer
$160,558 $39,065 $199,623
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 No data No data No data No data
2024 No data No data No data No data
2023 $6,108,325 $6,051,791 $26,838,747 $56,534
2022 $17,360,478 $2,418,352 $25,913,941 $14,942,126
2021 $2,503,848 $2,038,735 $12,984,247 $465,113
2020 $4,084,767 $1,668,497 $11,391,161 $2,416,270
2019 $2,263,985 $1,183,587 $9,196,455 $1,080,398
2018 $7,068,110 $1,408,886 $10,148,797 $5,659,224
Explore More Nonprofits
Top 100 Nonprofits in North Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DSU Heritage Foundation with other nonprofits in North Dakota and across the country.