Nonprofit · EIN 20-5767275
THE BARRY FOUNDATION
Tax-exempt · FARGO, ND 58102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,723,834 | $3,178,567 | $2,545,267 | $54,902,011 | $1,255,094 | $53,646,917 |
| December 31, 2023 | 990-PF | $1,722,649 | $2,571,385 | -$848,736 | $49,183,702 | $93,333 | $49,090,369 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,291,750
- Dividends
- $1,607,348
- Net gain from sales of assets
- $2,824,736
Expenses
- Grants and similar amounts paid
- $1,766,350
- Compensation of officers, directors and key employees
- $338,193
- Salaries, compensation and benefits (total)
- $286,248
- Disbursements for charitable purposes
- $2,835,090
- Excise tax on investment income
- $68,144
Balance sheet and other
- Total assets, start of year
- $49,183,702
- Total assets, end of year
- $54,902,011
- Total liabilities, end of year
- $1,255,094
- Net assets, end of year
- $53,646,917
- Fair market value of assets
- $54,902,011
- Qualifying distributions
- $4,624,363
- Net investment income
- $5,111,724
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Marty J Hoffmann 225 Broadway Suite 801, Fargo, ND 58102 | President, CEO, Secretary & Director | 50 | $222,693 | $3,000 |
| Stacie M Montgomery 225 Broadway Suite 801, Fargo, ND 58102 | COO & CFO | 45 | $115,500 | $2,310 |
| Mikayla Young Schumacher 225 Broadway Suite 801, Fargo, ND 58102 | Associate Director Y Highest-paid employee | 40 | $66,500 | $0 |
| Samuel Schumacher 225 Broadway Suite 801, Fargo, ND 58102 | Scholarship & Alumni Highest-paid employee | 40 | $61,000 | $0 |
| Randi Olsen Heinold 225 Broadway Suite 801, Fargo, ND 58102 | Program Director Highest-paid employee | 40 | $52,265 | $0 |
| Zachary Salmon 225 Broadway Suite 801, Fargo, ND 58102 | Accountant Highest-paid employee | 40 | $51,488 | $1,086 |
| B John Barry 225 Broadway Suite 801, Fargo, ND 58102 | Chairman Emeritus & Director | 5 | $0 | $0 |
| Michael B Barry 225 Broadway Suite 801, Fargo, ND 58102 | Chair & Director | 10 | $0 | $0 |
| Dana R Johnson 225 Broadway Suite 801, Fargo, ND 58102 | Director | 5 | $0 | $0 |
| Jessica M Barry 225 Broadway Suite 801, Fargo, ND 58102 | Vice Chair & Director | 5 | $0 | $0 |
| Paula Trom 225 Broadway Suite 801, Fargo, ND 58102 | Director | 5 | $0 | $0 |
| Dean C Hoffrogge 225 Broadway Suite 801, Fargo, ND 58102 | Treasurer | 5 | $0 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Marty J Hoffmann 225 Broadway Suite 801, Fargo, ND 58102 | President, CEO, Secretary & Director | 50 | $196,002 | $3,000 |
| Stacie M Montgomery 225 Broadway Suite 801, Fargo, ND 58102 | COO & CFO | 45 | $108,000 | $2,160 |
| Randi Olsen Heinold 225 Broadway Suite 801, Fargo, ND 58102 | Program Director Highest-paid employee | 40 | $67,500 | $0 |
| Mikayla Young 225 Broadway Suite 801, Fargo, ND 58102 | Associate Director Y Highest-paid employee | 40 | $59,300 | $0 |
| Samuel Schumacher 225 Broadway Suite 801, Fargo, ND 58102 | Scholarship & Alumni Highest-paid employee | 40 | $56,833 | $0 |
| B John Barry 225 Broadway Suite 801, Fargo, ND 58102 | Chairman Emeritus & Director | 5 | $0 | $0 |
| Dana R Johnson 225 Broadway Suite 801, Fargo, ND 58102 | Director | 5 | $0 | $0 |
| Thomas J Barry 225 Broadway Suite 801, Fargo, ND 58102 | Chair & Director (thru Nov) | 10 | $0 | $0 |
| Michael B Barry 225 Broadway Suite 801, Fargo, ND 58102 | Chair & Director | 10 | $0 | $0 |
| Jessica M Barry 225 Broadway Suite 801, Fargo, ND 58102 | Director | 5 | $0 | $0 |
| Paula Trom 225 Broadway Suite 801, Fargo, ND 58102 | Director | 5 | $0 | $0 |
| Dean C Hoffrogge 225 Broadway Suite 801, Fargo, ND 58102 | Treasurer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 225 BROADWAY N SUITE 801, FARGO, ND 58102-4800
- In care of
- % MARTY HOFFMANN
- Signed the 990-PF
- Dean C Hoffrogge, Treasurer
- Phone
- (701) 356-7800
- Return prepared by
- Eide Bailly LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5767275
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $54,902,011
- Income (IRS master file)
- $24,674,315
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,723,834 | $3,178,567 | $54,902,011 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,722,649 | $2,571,385 | $49,183,702 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5767275).
Questions about THE BARRY FOUNDATION
- What is the EIN of THE BARRY FOUNDATION?
- The employer identification number (EIN) of THE BARRY FOUNDATION is 20-5767275.
- Is THE BARRY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to THE BARRY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE BARRY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE BARRY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BARRY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE BARRY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 12 people; 6 received compensation from the organization, the highest $222,693 (Marty J Hoffmann, President, CEO, Secretary & Director).
- How much revenue does THE BARRY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,723,834, expenses of $3,178,567 and total assets of $54,902,011 at year end.
Other nonprofits in FARGO
- OFFUTT FAMILY FOUNDATION EIN 26-6574983 · last filed 990-PF for 2024
- FARGO-MOORHEAD AREA FOUNDATION CORPORATION EIN 45-6010377 · last filed 990 for 2025
- DAKOTA MEDICAL CHARITIES EIN 45-0368679 · last filed 990 for 2025
- IMPACT FOUNDATION EIN 20-0520386 · last filed 990 for 2024
- STS JULIANA AND PHILARET FOUNDATION EIN 84-3974867 · last filed 990-PF for 2024
- FRED M HECTOR JR CHARITABLE TRUST EIN 82-6127063 · last filed 990-PF for 2024
- THE SWANSON FOUNDATION EIN 87-1901964 · last filed 990-PF for 2025
- STS FAMILY FOUNDATION EIN 99-0455162 · last filed 990-PF for 2025
All nonprofits in FARGO · North Dakota · Philanthropy, voluntarism and grantmaking foundations