Childrens Village-Family Service Foundation Inc
- Assets
- $7.2m
- Revenue
- $170.2k
- Investments
- $933.2k
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 12/1963
- Data as of
- 12/2020
- EIN
- 45-6013464
Organization Overview
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 12/2020, Childrens Village-Family Service Foundation Inc generated $170.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $302.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 6 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
2020
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:
Part 3 - Line 4a
THE CHILDREN'S VILLAGE FOUNDATION EXISTS TO PROVIDE PERMANENT SUPPORT FOR THE ACTIVITIES AND PROGRAMS OF THE VILLAGE FAMILY SERVICE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Pederson President/ceo | Officer | 2 | $179,180 |
Shelley Treib Secretary/treasurer | Officer | 2 | $97,277 |
Matthew Leiseth Chairman | OfficerTrustee | 2 | $0 |
Laura Ness Owens Vice Chairman | OfficerTrustee | 2 | $0 |
Eric Hatch Board Member | Trustee | 2 | $0 |
Michelle Kommer Board Member | Trustee | 2 | $0 |
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 | $127,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,664 |
| Total Program Service Revenue | $0 |
| Investment income | $89,773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47,224 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,003 |
| 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 | $19,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,769 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,766 |
| 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 | $2,252 |
| Total functional expenses | $301,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $186,137 |
| 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 | $3,043,072 |
| Investments—other securities | $933,213 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,330,290 |
| Total assets | $7,209,148 |
| 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 | $622,074 |
| Total liabilities | $622,074 |
| Net assets without donor restrictions | $4,474,573 |
| Net assets with donor restrictions | $2,112,501 |
| 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 | $7,209,148 |
Endowment Analysis
| Beg. Balance | $341,703 |
| Earnings | $30,084 |
| Net Contributions | $51,100 |
| Other Expense | $30,084 |
| Ending Balance | $392,803 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avivo Minneapolis, MN | $27,736,019 | $39,599,118 |
Dakota Boys And Girls Ranch Foundation Minot, ND | $51,874,796 | $23,890,596 |
Planned Parenthood Minnesota North Dakota South Dakota Fund St Paul, MN | $74,688,900 | $2,513,382 |
Aitkin Health Services Aitkin, MN | $7,612,800 | $5,336,098 |
Helena Bigos Supporting Foundation Golden Valley, MN | $13,151,840 | $1,923,598 |
Boyd Andrew Management Services Helena, MT | $2,441,754 | $1,446,288 |
Washburn Center for Children Holding Company Minneapolis, MN | $0 | $5,684,296 |
Minnesota Masonic Charities Funds Bloomington, MN | $189,733,075 | $15,966,548 |
Anne Carlsen Center Foundation Jamestown, ND | $76,726,782 | $9,459,808 |
Youth And Family Services Foundation Rapid City, SD | $3,367,058 | $604,909 |
The West Mont Foundation Helena, MT | $12,851,340 | $704,619 |
Nhn Livingston, MT | $168,501 | $681,700 |