Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990; $124K paid to officers and key staff (Part VII, Section A).
Kim Nelson’s $132K as Executive Dir. is at the 9th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2021 |
|---|---|---|---|---|
| Kim Nelson | $131,522 | $124,078 | $120,475 | $116,640 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Ndscs Foundation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports and strengthens North Dakota State College of Science activities.
Questions for Ndscs Foundation
Your first name shows with your question. Ndscs Foundation answers here, for everyone.
Support and activities that develop and strengthen the North Dakota State College of Science.
Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-0407617) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|
| End of yearLn 1g | $27.7M | $24.9M | $24.2M | $22.2M | $20.2M |
| AddedLn 1b | $3.5M | $743K | $2.9M | $1.6M | $1.1M |
| SpentLn 1d–1f | $1.3M | $1.1M | $1.1M | $1.4M | $630K |
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $3.2M |
| InvestmentsLn 11–13 | $28.3M | $33.0M |
| Land, buildings, equipmentLn 10c | $18.2M | $23.7M |
| Total assetsLn 16 | $55.0M | $66.0M |
| LiabilitiesLn 26 | $6.5M | $8.3M |
| Net assetsLn 32 | $48.6M | $57.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.0M | $2.0M | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $159K | $159K | ||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $260K | $5K | $255K | |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $137K | $355 | $136K | |
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $467 | $467 | ||
| Accounting feesLn 11c | $12K | $12K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $119K | $119K | ||
| Other fees for servicesLn 11g | $6K | $4K | $3K | |
| Advertising and promotionLn 12 | $15K | $10K | $6K | |
| Office expensesLn 13 | $20K | $15 | $20K | |
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $0 | |||
| TravelLn 17 | $15K | $3K | $12K | |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $43K | $16K | $27K | |
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $2K | $2K | ||
| InsuranceLn 23 | $21K | $21K | ||
| Other expenses (24a–d)Ln 24 | $97K | $18K | $78K | |
| All other expensesLn 24e | $6K | $1K | $5K | |
| Total functional expensesLn 25 | $3.0M | $2.1M | $853K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Oct 24, 2025 | $23.0M | $8.5M | $14.5M | $69.5M | 990 PDF |
| FY2024 ViewingFiled with the IRS Oct 3, 2024 | $8.8M | $3.0M | $5.9M | $57.6M | 990 PDF |
| FY2023Filed with the IRS Sep 22, 2023 | $3.7M | $3.2M | $484K | $48.6M | 990 PDF |
| FY2022Filed with the IRS Nov 4, 2022 | $6.0M | $2.4M | $3.6M | $46.7M | 990 PDF |
| FY2021Filed with the IRS Sep 22, 2021 | $20.2M | $2.5M | $17.7M | $48.5M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $8,834,482 revenue, 12 lines filed
Part VI · Governance 0 of 22 board members independent, 3 to look at
Part VIII · Statement of revenue $8,834,482 across 11 lines filed
Part IX · Statement of functional expenses $2,952,989 across 31 lines filed
Part X · Balance sheet $65,955,042 assets, 25 lines filed
Part XI · Reconciliation of net assets $57,607,017 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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