Strong ND Fund

EIN: 992849408 Community Improvement

Bismarck, ND

Total Revenue
$200,000
Total Expenses
$161,660
Total Assets
$38,340
Net Assets
$38,340
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
ND
Principal Officer
Jacob Odermann
Phone
3303883284
Tax Period
2024-01-01 to 2024-12-31

Strong ND Fund, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2024. The organization ran a surplus of $38K, a strong 19% operating margin.

Mission

Strong ND is committed to supporting and advocating for policies and initiatives that protect individual liberties foster civic education and awareness and guide our great state toward growth innovation and unity

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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 (2024)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $75
Program Expenses $152,500
Other Expenses $161,660
TOTAL EXPENSES $161,660

Year-over-Year Comparison

2024 2023 Change
Revenue $200,000 N/A N/A
Expenses $161,660 N/A N/A
Net Income $38,340 N/A N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB ODERMANN PresidentDirector 1.00
Officer Director
$0 $0 $0
NATE MARTINDALE SecretaryDirector 1.00
Officer Director
$0 $0 $0
NICK HACKER 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
2024 $200,000 $161,660 $38,340 $38,340
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