Forward Devils Lake Corporation FY2021 filing

Not tax-deductible

Devils Lake, ND501(c)(6)EIN 45-0443068Revenue $268K in FY2021

On file with the IRS423 6th St Ne, 58301-2521 · Devils Lake, NDTax-exempt since Oct 1996

This page gets seen. Tell your story. Claim this org.

To foster and develop existing and new business and industry in the Lake region

$83K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $8K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$899K
78% of total assets
Worth a look: liabilities are 78% of assets; over 65%.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$268K
+35% vs prior year
Spent
$257K
To programs
0%
Net assets
$247K
By yearFY2020–FY2025
Revenue
$268K
FY2021▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$199K
FY2021$268K
FY2022$240K
FY2023$586K
FY2024$168K
FY2025$169K
Expenses
$257K
FY2021▲ +51%
Tap a bar for its year
Expenses by fiscal year
FY2020$170K
FY2021$257K
FY2022$231K
FY2023$611K
FY2024Not on file
FY2025$152K
Net assets
$247K
FY2021▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$236K
FY2021$247K
FY2022$256K
FY2023$231K
FY2024$126K
FY2025$143K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$82,737Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Brad Barth$96,218$87,414$82,737

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 Forward Devils Lake Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aYes

Programs and updates

Develops and fosters businesses and industries in the Lake Region.

Questions for Forward Devils Lake Corporation

Tap to ask. Forward Devils Lake Corporation sees how many people are interested.

Your first name shows with your question. Forward Devils Lake Corporation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · in their own filed words · FY2021
01

Forward devils lake is the city of devils lake's economic development promoter. Thereby, forward devils lake markets the city of devils lake and provides location incentives to attract businesses to devils lake.

Pt IX · col B
02

Facade Improvement Program

The facade improvement program is intended to assist small business improvement projects, such as exterior improvement, sign, etc.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $202K · 2020–2023
City of Devils LakeFY2023$45,267
North Dakota University SystemFY2023$5,285
Cojack Snack & PackFY2022$11,350
Cojack Snack & PackFY2021$52,713
Devils Lake Public SchoolsFY2020$6,000
Individual RecipientFY2020$6,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$268K
Ln 12
Gifts and grantsLn 1h$265K
Other incomeLn 4–11$2K
Fees for servicesLn 2g$1K
Money outPt IX
$257K
Ln 25
Owns and owesPt X
$247K
net assets · Ln 32
Cash and savingsLn 1–2$209K
Total assetsLn 16$1.1M
LiabilitiesLn 26$899K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$265K
Government grantsLn 1e$247K
Fees for servicesLn 2g$1K
Other incomeLn 4–11$2K
Total revenueLn 12$268K
Assets in detailPt X, end of year
CashLn 1$209K
Cash and savings togetherLn 1–2$209K
Other assetsLn 15$930K
Total assetsLn 16$1.1M
LiabilitiesLn 26$899K
Net assetsLn 32$247K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$238K$209K
Total assetsLn 16$1.3M$1.1M
LiabilitiesLn 26$1.1M$899K
Net assetsLn 32$236K$247K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$103K
Pay of current officers, directors and key staffLn 5$113K
Payroll taxesLn 10$8K
Accounting feesLn 11c$2K
Advertising and promotionLn 12$792
Office expensesLn 13$4K
Information technologyLn 14$5K
Conferences, conventions and meetingsLn 19$3K
Depreciation, depletion and amortizationLn 22$13K
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$3K
Total functional expensesLn 25$257K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $169K$152K$17K$143K 990 PDF
FY2024 $168K$126K 990 PDF
FY2023 $586K$611K−$25K$231K 990 PDF
FY2022 $240K$231K$9K$256K 990 PDF
FY2021 Viewing $268K$257K$11K$247K 990 PDF
FY2020 $199K$170K$29K$236K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $268,472 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $198,717$265,061
I-9 Program service revenue$1,250
I-10 Investment income$0
I-11 Other revenue$2,161
I-12 Total revenuePrior year $198,717$268,472
I-13 Grants and similar amounts paidPrior year $36,298$103,180
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $115,512$120,457
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $18,343$33,546
I-18 Total expensesPrior year $170,153$257,183
I-19 Revenue less expensesPrior year $28,564$11,289
Part VI · Governance 8 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $268,472 across 6 lines filed
VIII-1b Membership dues$18,550
VIII-1e Government grants$246,511
VIII-1h Total contributions, gifts and grants$265,061
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,250$1,250
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,161$2,161
VIII-12 Total revenueRelated to mission $3,411$268,472
Part IX · Statement of functional expenses $257,183 across 11 lines filed
IX-1 Grants to domestic organizations$103,180
IX-5 Pay of current officers, directors and key staff$112,905
IX-10 Payroll taxes$7,552
IX-11c Accounting fees$1,857
IX-12 Advertising and promotion$792
IX-13 Office expenses$4,375
IX-14 Information technology$5,000
IX-19 Conferences, conventions and meetings$3,339
IX-22 Depreciation, depletion and amortization$13,465
IX-23 Insurance$1,783
IX-24 Other expenses (24a–d)$2,935
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$257,183
Part X · Balance sheet $1,146,555 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $237,749$208,958
X-9 Prepaid expenses and deferred chargesStart of year $7,170$7,547
X-15 Other assetsStart of year $1,100,505$930,050
X-16 Total assetsStart of year $1,345,424$1,146,555
X-17 Accounts payable and accrued expensesStart of year $27,708$25,071
X-25 Other liabilitiesStart of year $1,081,797$874,276
X-26 Total liabilitiesStart of year $1,109,505$899,347
X-27 Net assets without donor restrictionsStart of year $110,919$247,208
X-32 Total net assets or fund balancesStart of year $235,919$247,208
X-33 Total liabilities and net assetsStart of year $1,345,424$1,146,555
Part XI · Reconciliation of net assets $247,208 net assets at year end
XI-1 Total revenue$268,472
XI-2 Total expenses$257,183
XI-3 Revenue less expenses$11,289
XI-4 Net assets at start of year$235,919
XI-10 Net assets at end of year$247,208

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.