Fraser Ltd
- Assets
- $12.5m
- Revenue
- $15.1m
- Investments
- $332.2k
- Employees
- 352
- Location
- Fargo, ND
- Founding
- 02/1956
- Data as of
- 06/2021
- EIN
- 45-0226418
Organization Overview
Fraser Ltd is located in Fargo, ND. The organization was established in 1956. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2021, Fraser Ltd employed 352 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fraser Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Fraser Ltd generated $15.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $12.5m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING CHILDREN AND ADULTS ON THEIR LIFE'S JOURNEY TO INDEPENDENCE.
Describe the Organization's Program Activity:
FRASER LTD PROVIDES HOUSING ALONG WITH CASE MANAGEMENT SUPPORTS TO ADULTS (18 YEARS +) WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES WHO REQUIRE ASSISTANCE IN OBTAINING AND MEETING BASIC LIVING REQUIREMENTS TO LIVE SUCCESSFULLY AS INDEPENDENT ADULTS. SERVICES INCLUDE BENEFIT AND MONEY MANAGEMENT, OBTAINING MEDICAL AND MENTAL HEALTH SERVICES, INDEPENDENT LIVING SKILL TRAINING INCLUDES APPROPRIATE SOCIALIZATION, RECREATION AND LEISURE, APARTMENT LIVING SKILLS AND OTHER SKILLS NECESSARY TO TRANSITION TO INDEPENDENCE.
FRASER LTD OPERATES "FRASER CHILD CARE" WHICH IS AN INTEGRATED DAY CARE FACILITY OPEN TO SPECIAL NEEDS CHILDREN AND TYPICALLY DEVELOPING CHILDREN.
TRANSITIONAL YOUTH SERVICES - PROVIDES SERVICES TO YOUNG PEOPLE 14-26 BY OFFERING ASSISTANCE WITH BASIC NEEDS, THERAPEUTIC CASE MANAGEMENT, AND RESIDENTIAL PROGRAMMING THROUGH A TRANSITIONAL LIVING PROGRAM.
FRASER LTD PROVIDES REPRESENTATIVE PAYEE SUPPORT FOR INDIVIDUALS RECEIVING SOCIAL SECURITY BENEFITS WITHIN THE ORGANIZATION AND THOSE REQUESTING ASSISTANCE FROM THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Leyland President/ceo | Officer | 40 | $205,151 |
Patricia Kalibabky Director Of Operations | Officer | 40 | $91,108 |
Amanda Barton Director Of Accounting | Officer | 40 | $89,272 |
Brenda Kaspari Chairman | Trustee | 1 | $0 |
Michael Kirk Vice President | Trustee | 1 | $0 |
David Laske Treasurer/secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $106,802 |
| Related organizations | $0 |
| Government grants | $11,889,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $524,850 |
| Noncash contributions included in lines 1a–1f | $121,623 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,521,147 |
| Total Program Service Revenue | $1,901,424 |
| Investment income | $8,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $88,916 |
| Net Gain/Loss on Asset Sales | -$236,337 |
| Net Income from Fundraising Events | -$25,393 |
| Net Income from Gaming Activities | $243,472 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,143,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $441,089 |
| Compensation of current officers, directors, key employees. | $19,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,532,048 |
| Pension plan accruals and contributions | $170,329 |
| Other employee benefits | $1,348,553 |
| Payroll taxes | $538,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $157,958 |
| Fees for services: Accounting | $1,424 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,758 |
| Office expenses | $141,617 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $297,061 |
| Travel | $62,699 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $76,033 |
| Payments to affiliates | $12,580 |
| Depreciation, depletion, and amortization | $612,462 |
| Insurance | $130,999 |
| All other expenses | $387,011 |
| Total functional expenses | $12,545,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,368,480 |
| Savings and temporary cash investments | $406,948 |
| Pledges and grants receivable | $94,200 |
| Accounts receivable, net | $1,250,579 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,489 |
| Net Land, buildings, and equipment | $5,875,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $332,200 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $120,173 |
| Total assets | $12,535,842 |
| Accounts payable and accrued expenses | $875,147 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,860,309 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $445,383 |
| Total liabilities | $3,180,839 |
| Net assets without donor restrictions | $9,084,555 |
| Net assets with donor restrictions | $270,448 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,535,842 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fraser Ltd has recieved totaling $305.
| Awarding Organization | Amount |
|---|---|
Brandt Family Foundation Fargo, ND PURPOSE: TO HELP FUND GENERAL OPERATIONS | $305 |
Endowment Analysis
| Beg. Balance | $214,913 |
| Earnings | $6,209 |
| Net Contributions | $79,403 |
| Ending Balance | $300,525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aware Inc Anaconda, MT | $32,257,411 | $44,947,144 |
Prairie Community Services Inc Morris, MN | $11,824,208 | $28,388,277 |
Hammer Residences Inc Wayzata, MN | $27,096,266 | $31,216,028 |
Living Well Disability Services Mendota Heights, MN | $24,168,704 | $25,251,629 |
Accord Saint Paul, MN | $14,901,147 | $23,929,157 |
North Homes Inc Grand Rapids, MN | $21,495,147 | $20,438,205 |
Wingspan Life Resources Saint Paul, MN | $13,987,956 | $12,754,382 |
Fraser Ltd Fargo, ND | $12,535,842 | $15,143,090 |
United Retirement Center Brookings, SD | $9,279,217 | $6,878,493 |
The Hills Youth And Family Services Inc Minneapolis, MN | $33,407,300 | $3,054,780 |
Dacotah Foundation Bismarck, ND | $3,074,886 | $5,815,710 |
North Central Independent Living Services Black Eagle, MT | $3,926,412 | $4,897,319 |