Childrens Village-Family Service Foundation Inc is located in Fargo, ND. The organization was established in 1963. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Village-Family Service Foundation Inc 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 12/2023, Childrens Village-Family Service Foundation Inc generated $385.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $294.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PERMANENT SUPPORT FOR THE ACTIVITIES AND PROGRAMS OF THE VILLAGE FAMILY SERVICE CENTER.
Describe the Organization's Program Activity:
THE CHILDREN'S VILLAGE FOUNDATION EXISTS TO PROVIDE PERMANENT SUPPORT FOR THE ACTIVITIES AND PROGRAMS OF THE VILLAGE FAMILY SERVICE CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Louise Dardis Chairperson | OfficerTrustee | 2 | $0 |
Dr Cory Steiner Vice Chairperson | OfficerTrustee | 1 | $0 |
Paul Zenker Secretary/treasurer | OfficerTrustee | 1 | $0 |
Timothy Sayler Treasurer (until April) | OfficerTrustee | 1 | $0 |
Thomas Rohleder Board Member | Trustee | 1 | $0 |
Gail Bernabucci Board Member | Trustee | 1 | $0 |
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 | $137,079 |
Noncash contributions included in lines 1a–1f | $10,039 |
Total Revenue from Contributions, Gifts, Grants & Similar | $137,079 |
Total Program Service Revenue | $0 |
Investment income | $174,013 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,000 |
Net Gain/Loss on Asset Sales | $73,704 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $385,796 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250,004 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,786 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $26,624 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,398 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1 |
Total functional expenses | $294,813 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $95,752 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $716,436 |
Investments—publicly traded securities | $3,024,528 |
Investments—other securities | $1,422,569 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $18,261 |
Total assets | $5,277,546 |
Accounts payable and accrued expenses | $0 |
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 | $669,718 |
Total liabilities | $669,718 |
Net assets without donor restrictions | $4,149,885 |
Net assets with donor restrictions | $457,943 |
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 | $5,277,546 |
Over the last fiscal year, Childrens Village-Family Service Foundation Inc has awarded $2,453,137 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
VILLAGE FAMILY SERVICE CENTER PURPOSE: Forgiveness of note receivable | $2,203,133 |
VILLAGE FAMILY SERVICE CENTER PURPOSE: Operating support | $250,004 |