MINNESOTA STATE UNIVERSITY MOORHEAD FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MINNESOTA STATE UNIVERSITY MOORHEAD FOUNDATION INC

EIN 23-7101061 · Education (B8443)

What they do

WE CREATE OPPORTUNITIES for GENERATIONS of MSUM STUDENTS BY INSPIRING ALUMNI and FRIENDS to CONNECT, ENGAGE and GIVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $46.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

19.23%of revenue went to mission work46.8% of expenses · Program services

5.80%of revenue went to fundraising14.1% of expenses

$41.05spent for every $100 of revenueRevenue covered expenses this year.

16.02%of revenue went to management and office costs39.0% of expenses

$12.93in assets for every $1 spent this yearSome assets cannot be spent right away.

58.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $156,332 for JARED MILLER (AVP OF DEVELOPMENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,600,143

Mission workProgram services$2,807,77019.23% of revenue46.8% of expenses

ManagementOffice and general costs$2,338,37416.02% of revenue39.0% of expenses

FundraisingAsking for donations$847,0125.80% of revenue14.1% of expenses

Revenue left after expensesReported annual surplus$8,606,98758.95% of revenueShown in gray on the chart

Total expenses$5,993,15641.05% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 46.8% mission · 39.0% management · 14.1% fundraisingTotal expenses: 41.05% of revenue

2023Expense mix: 46.6% mission · 36.9% management · 16.5% fundraisingTotal expenses: 77.86% of revenue

2022Expense mix: 49.6% mission · 32.5% management · 17.9% fundraisingTotal expenses: 116.83% of revenue

2021Expense mix: 61.0% mission · 17.9% management · 21.1% fundraisingTotal expenses: 19.08% of revenue

2020Expense mix: 62.3% mission · 17.9% management · 19.8% fundraisingTotal expenses: 42.24% of revenue

2019Expense mix: 60.0% mission · 17.2% management · 22.7% fundraisingTotal expenses: 79.75% of revenue

2017Expense mix: 69.8% mission · 12.4% management · 17.8% fundraisingTotal expenses: 74.63% of revenue

2016Expense mix: 62.6% mission · 14.9% management · 22.5% fundraisingTotal expenses: 57.91% of revenue

Money in and money out

Revenue$14,600,143

Expenses$5,993,156

Annual surplus $8,606,987 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,807,770 · 46.8% of expenses

Management and office costs$2,338,374 · 39.0% of expenses

Fundraising$847,012 · 14.1% of expenses

See all reported dollar amounts

Revenue$14,600,143

Expenses$5,993,156

Assets$77,517,197

Income$23,311,645

Contributions$8,537,552

Mission work (program services)$2,807,770

Fundraising$847,012

Grants given$14,967,282

Average grant$1,870,910

Management and general$2,338,374

Executive compensation (total)$96,026

Stocks and bonds$53,973,930

Accounting fees$32,588

Investing fees$707,415

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JARED MILLERAVP OF DEVELOPMENT · 40 hrs/week $156,332Base $147,037 · Other $9,295

NANETTE BOEDIRECTOR OF FINANCE AND AD · 40 hrs/week $128,716Base $121,078 · Other $7,638

JENNI WALTHALLSENIOR DIRECTOR OF DEVELOP · 40 hrs/week $123,412Base $116,092 · Other $7,320

CODY JANGULADIRECTOR OF DEVELOPMENT · 40 hrs/week $115,466Base $108,592 · Other $6,874

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

JARED MILLERAVP OF DEVELOPMENT

NANETTE BOEDIRECTOR OF FINANCE AND AD

JENNI WALTHALLSENIOR DIRECTOR OF DEVELOP

CODY JANGULADIRECTOR OF DEVELOPMENT

JAY NIBBEDIRECTOR

VINCE WILLIAMSDIRECTOR

TONYA STENDEVICE PRESIDENT

TARA BALTESDIRECTOR

STACY BROMANDIRECTOR

PETER GEIBDIRECTOR

LISA GIESETREASURER

LEAH CLEMEDTSONDIRECTOR

JUDD GRAHAMDIRECTOR

JENNI HUOTARIDIRECTOR

JEANNIE CAMARILLODIRECTOR

ADAM BERNIERPRESIDENT

JAN MAHONEYPAST PRESIDENT

GREGORY LOFDIRECTOR

GARY HAUGOEXECUTIVE DIRECTOR

ELLEN CASEDIRECTOR

DAYNA DEL VALDIRECTOR

COREY WALTHERDIRECTOR

BRIAN FRENCHDIRECTOR

BRAD SHAMLASECRETARY

ANNA KNUTSONDIRECTOR

About this charity

Recognized since: January 1971
Location: 1104 7TH AVE S, MOORHEAD, MN 56563-0001
County: Clay
In care of: ADAM BERNIER
Primary officer: ADAM BERNIER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(218) 477-2089

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WIDMER ROEL PC
NTEE classification: Education (B8443)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes