Bismarck State College Innovations Foundation
EIN: 824029826 · Bismarck, ND · NTEE: B90
| Metric | Value |
|---|---|
| Total Expenses | $104K |
| Net Assets | $308K |
Is Bismarck State College Innovations Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bismarck State College Innovations Foundation
Bismarck State College Innovations Foundation (EIN: 824029826) is a nonprofit organization based in Bismarck, ND, classified under NTEE code B90. The organization reported total revenue of $0 and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bismarck State College Innovations Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bismarck State College Innovations Foundation is a micro nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -32.9% | -23.6% |
| 2022 | -98.8% | -84.6% | -64.4% |
| 2021 | -67.8% | -67.0% | -50.9% |
| 2020 | +25.0% | +26.0% | +29.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bismarck State College Innovations Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bismarck State College Innovations Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 8.6%.
Frequently Asked Questions about Bismarck State College Innovations Foundation
Is Bismarck State College Innovations Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bismarck State College Innovations Foundation (EIN: 824029826) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bismarck State College Innovations Foundation spend its money?
Detailed spending breakdown data is not yet available for Bismarck State College Innovations Foundation. Check back for updated IRS 990 analysis.
Are donations to Bismarck State College Innovations Foundation tax-deductible?
Bismarck State College Innovations Foundation is registered as a tax-exempt nonprofit (EIN: 824029826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bismarck State College Innovations Foundation located?
Bismarck State College Innovations Foundation is headquartered in Bismarck, North Dakota and files with the IRS under EIN 824029826. It is classified under NTEE code B90.
How many years of IRS 990 filings does Bismarck State College Innovations Foundation have?
Bismarck State College Innovations Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Bismarck State College Innovations Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Bismarck State College Innovations Foundation's revenue has declined by 100%, moving from $2.7M to $0. Total assets decreased by 82.8% over the same period, from $2.0M to $336K. Total functional expenses fell by 95.7%, from $2.4M to $104K. The organization holds $29K in liabilities against $336K in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $308K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $104K | $336K | $29K | — | — |
| 2022 | $13K | $155K | $441K | $29K | — | — |
| 2021 | $1.1M | $1.0M | $1.2M | $685K | — | — |
| 2020 | $3.4M | $3.0M | $2.5M | $1.9M | — | View 990 |
| 2019 | $2.7M | $2.4M | $2.0M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $104K, and assets of $336K (revenue -100.0% year-over-year).
- 2022: Revenue of $13K, expenses of $155K, and assets of $441K (revenue -98.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $1.2M (revenue -67.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.0M, and assets of $2.5M (revenue +25.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.4M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bismarck State College Innovations Foundation:
Data Sources and Methodology
This transparency report for Bismarck State College Innovations Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.