University Of North Dakota Research Foundation
University Of North Dakota Research Foundation reports $0 revenue and assets after significant financial decline.
EIN: 203332779 · Grand Forks, ND · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $234K |
| Net Assets | $225K |
| Transparency Score | 10/100 |
Is University Of North Dakota Research Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About University Of North Dakota Research Foundation
University Of North Dakota Research Foundation (EIN: 203332779) is a nonprofit organization based in Grand Forks, ND. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of North Dakota Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of North Dakota Research Foundation is a micro nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -42.1%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $234K |
| Surplus / Deficit | $-137,124 |
| Total Assets | $265K |
| Total Liabilities | $40K |
| Net Assets | $225K |
| Operating Margin | -142.1% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2014, University Of North Dakota Research Foundation reported a deficit of $137K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 3 years of filings (2012–2014), University Of North Dakota Research Foundation's revenue has declined at a compound annual growth rate (CAGR) of -42.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -86.3% | -85.0% | -97.3% |
| 2013 | +144.8% | +43.8% | -41.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates University Of North Dakota Research Foundation with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, University Of North Dakota Research Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.2%.
Executive Compensation Analysis
Officer compensation was consistently reported as 0% across all available filings, suggesting either a fully volunteer-led organization or that executive compensation is managed and reported through an affiliated entity, which could obscure the true cost of leadership relative to the organization's size and activity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of University Of North Dakota Research Foundation's IRS 990 filings:
- Dramatic decline in revenue from $703,621 (2013) to $0 (latest filing)
- Significant decrease in assets from $17,105,362 (2012) to $0 (latest filing)
- Consistent deficit spending, with expenses exceeding revenue in reported active periods (e.g., 2014 expenses $233,592 vs. revenue $96,468)
- Latest filing reports $0 revenue and $0 assets, indicating potential inactivity or dissolution without clear explanation
- NTEE code is unknown, limiting understanding of its specific charitable purpose
Strengths
The following positive indicators were identified for University Of North Dakota Research Foundation:
- Reported 0% officer compensation across all periods, indicating no direct salary costs for leadership from the organization's reported funds.
Frequently Asked Questions about University Of North Dakota Research Foundation
Is University Of North Dakota Research Foundation a legitimate charity?
University Of North Dakota Research Foundation (EIN: 203332779) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 10/100. It has 3 years of IRS 990 filings on record. 5 red flags identified. 1 strength noted. Financial health grade: B.
How does University Of North Dakota Research Foundation spend its money?
University Of North Dakota Research Foundation reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to University Of North Dakota Research Foundation tax-deductible?
University Of North Dakota Research Foundation is registered as a tax-exempt nonprofit (EIN: 203332779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is University Of North Dakota Research Foundation located?
University Of North Dakota Research Foundation is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 203332779.
How many years of IRS 990 filings does University Of North Dakota Research Foundation have?
University Of North Dakota Research Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the dramatic decline in revenue and assets from 2012-2014, and the subsequent reporting of $0?
The provided data shows revenue dropping from $287,467 (2012) to $96,468 (2014) and assets from $17,105,362 (2012) to $264,885 (2014), culminating in $0 for the latest period. This suggests a significant operational change, potential dissolution, or transfer of assets, which is not explained in the summary data.
Is the University Of North Dakota Research Foundation still an active organization?
Based on the latest filing reporting $0 in revenue and assets, it appears the organization is no longer active or has ceased its financial operations as a separate entity.
How were expenses covered when revenue was significantly lower, such as in 2014 where expenses were $233,592 against $96,468 in revenue?
The organization consistently spent more than it earned, indicating reliance on prior assets or other funding sources not detailed in the summary, leading to a depletion of assets over time.
Filing History
IRS 990 filing history for University Of North Dakota Research Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), University Of North Dakota Research Foundation's revenue has declined by 66.4%, moving from $287K to $96K. Total assets decreased by 98.5% over the same period, from $17.1M to $265K. Total functional expenses fell by 78.4%, from $1.1M to $234K. In its most recent filing year (2014), University Of North Dakota Research Foundation reported a deficit of $137K, with expenses exceeding revenue. The organization holds $40K in liabilities against $265K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $225K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $96K | $234K | $265K | $40K | — | View 990 |
| 2013 | $704K | $1.6M | $9.9M | $9.6M | — | View 990 |
| 2012 | $287K | $1.1M | $17.1M | $10.0M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $96K, expenses of $234K, and assets of $265K (revenue -86.3% year-over-year).
- 2013: Revenue of $704K, expenses of $1.6M, and assets of $9.9M (revenue +144.8% year-over-year).
- 2012: Revenue of $287K, expenses of $1.1M, and assets of $17.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of North Dakota Research Foundation:
Data Sources and Methodology
This transparency report for University Of North Dakota Research 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.