Souris Valley Special Services
- Assets
- $2.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 32
- Location
- Minot, ND
- Founding
- 02/1992
- Data as of
- 06/2022
- EIN
- 45-0364972
Organization Overview
Souris Valley Special Services is located in Minot, ND. The organization was established in 1992. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Souris Valley Special Services employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Souris Valley Special Services 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 06/2022, Souris Valley Special Services generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPECIAL EDUCATION SVCS PROVIDED TO WESTERN ND SCHOOL DISTRICTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION SERVICES ARE PROVIDED TO STUDENTS IN WESTERN NORTH DAKOTA SCHOOL DISTRICTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Schoch Chairman | OfficerTrustee | 1 | $350 |
Bradley Rinas Director | Trustee | 1 | $350 |
Nicholas Klemisch Director | Trustee | 1 | $350 |
Christopher Bachmeier Director | Trustee | 1 | $500 |
Wayne Stanley Director | Trustee | 1 | $300 |
Alison Dollar Executive Director | Officer | 40 | $108,414 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,790,485 |
| Investment income | $2,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,809,463 |
| 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. | $207,910 |
| Compensation of current officers, directors, key employees. | $207,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,474,923 |
| Pension plan accruals and contributions | $192,387 |
| Other employee benefits | $332,538 |
| Payroll taxes | $189,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,297 |
| Fees for services: Accounting | $15,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,212 |
| Information technology | $5,578 |
| Royalties | $0 |
| Occupancy | $2,487 |
| Travel | $71,584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,063 |
| Insurance | $6,197 |
| All other expenses | $4,555 |
| Total functional expenses | $2,852,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $852,140 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $447,349 |
| 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 | $0 |
| Net Land, buildings, and equipment | $289,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,003,421 |
| Total assets | $2,592,009 |
| Accounts payable and accrued expenses | $336,073 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,371,828 |
| Total liabilities | $4,707,901 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$2,115,892 |
| 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 | $2,592,009 |