Nonprofit · EIN 41-6054755
FERGUS AREA COLLEGE FOUNDATION
Tax-exempt · FERGUS FALLS, MN 56537
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,043,495 | $682,256 | $361,239 | $8,412,930 | $0 | $8,412,930 |
| June 30, 2024 | 990 | $633,355 | $389,901 | $243,454 | $7,826,734 | $0 | $7,826,734 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $379,433
- Program service revenue
- $0
- Investment income
- $664,062
- Net gain from sales of assets
- $244,369
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $465,671
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,175
- Occupancy
- $42,295
- Travel
- $252
- Program services (functional)
- $512,932
- Management and general (functional)
- $41,309
- Fundraising (functional)
- $128,015
Balance sheet and other
- Total assets, start of year
- $7,826,734
- Total assets, end of year
- $8,412,930
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,412,930
- Publicly traded securities
- $7,665,866
- Net assets without donor restrictions
- $1,998,212
- Net assets with donor restrictions
- $6,414,718
- Gross receipts
- $4,604,048
- Employees
- 0
- Volunteers
- 65
- Year formed
- 1966
- State of legal domicile
- MN
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEG KALAR | DIRECTOR Trustee or director | 1 | $2,200 |
| MACKENZIE PROVOST | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFF STANISLAWSKI | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| ERIN SMITH | SECRETARY Trustee or director, Officer | 2 | $0 |
| LANNY HENDRICKSON | TREASURER Trustee or director, Officer | 2 | $0 |
| GAIL HEDSTROM | DIRECTOR Trustee or director | 1 | $0 |
| PAUL LUNDEEN | DIRECTOR Trustee or director | 1 | $0 |
| KENT MATTSON | DIRECTOR Trustee or director | 1 | $0 |
| TONY RENDZ | DIRECTOR Trustee or director | 1 | $0 |
| WALLY SENYK | DIRECTOR Trustee or director | 1 | $0 |
| MIKE WALLS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MACKENZIE BARRY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| PAUL LUNDEEN | DIRECTOR Trustee or director | 1 | $0 |
| KENT MATTSON | DIRECTOR Trustee or director | 1 | $0 |
| LANNY HENDRICKSON | TREASURER Trustee or director, Officer | 2 | $0 |
| MIKE WALLS | DIRECTOR Trustee or director | 1 | $0 |
| GAIL HEDSTROM | DIRECTOR Trustee or director | 1 | $0 |
| TONY RENDZ | DIRECTOR Trustee or director | 1 | $0 |
| WALLY SENYK | DIRECTOR Trustee or director | 1 | $0 |
| ERIN SMITH | SECRETARY Trustee or director, Officer | 2 | $0 |
| JEFF STANISLAWSKI | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| PEG KALAR | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1414 COLLEGE WAY, FERGUS FALLS, MN 56537-1009
- Principal officer (990 for 2024)
- LANNY HENDRICKSON, 1414 COLLEGE WAY, FERGUS FALLS, MN 56537
- Signed the 990
- JACKI MAETHNER, EXECUTIVE DIRECTOR
- Phone
- (218) 739-1514
- Website
- WWW.FACFMSTATE.ORG
- Return prepared by
- CARLSONSV LLP
Mission
THROUGH THE SUPPORT OF DONORS, FERGUS AREA COLLEGE FOUNDATION PROVIDES RESOURCES TO ENRICH LEARNING, LIVING, WORKING AND SERVING.
Program accomplishments
- SCHOLARSHIPS TO MSCTC STUDENTS TO DEFRAY THEIR EDUCATIONAL EXPENSES. STUDENTS RECIEVED AWARDS RANGING FROM 750 TO 8,500.Expenses $238,670 · grants $191,409
- SPECIAL PURPOSE GRANTS AND SUPPORT TO THE COLLEGE COMMUNITY IN THE AREAS OF ACADEMICS, FINE ARTS, ATHLETICS, STUDENT ACTIVITIES, FACILITY ENHANCEMENT, ANNUAL BIGWOOD LECTURE SERIES, BOOSTER CLUB ACTIVITIES, AND GRADUATION AWARDS & RECOGNITION.Expenses $274,262 · grants $274,262
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-6054755
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1967
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41I)
- Assets (IRS master file)
- $8,412,930
- Income (IRS master file)
- $4,604,048
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,043,495 | $682,256 | $8,412,930 | XML |
| 990 | June 2024 | $633,355 | $389,901 | $7,826,734 | XML |
| 990 | June 2023 | $636,942 | $533,184 | $7,038,384 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 41-6054755).
Questions about FERGUS AREA COLLEGE FOUNDATION
- What is the EIN of FERGUS AREA COLLEGE FOUNDATION?
- The employer identification number (EIN) of FERGUS AREA COLLEGE FOUNDATION is 41-6054755.
- Is FERGUS AREA COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
- Are donations to FERGUS AREA COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FERGUS AREA COLLEGE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FERGUS AREA COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FERGUS AREA COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FERGUS AREA COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names LANNY HENDRICKSON.
- Who are the officers and directors of FERGUS AREA COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $2,200 (PEG KALAR, DIRECTOR).
- How much revenue does FERGUS AREA COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,043,495, expenses of $682,256 and total assets of $8,412,930 at year end.
Other nonprofits in FERGUS FALLS
- FERGUS FALLS 544 EDUCATON FOUNDATION EIN 41-1978590 · last filed 990 for 2026
- COMMUNICATING FOR AGRICULTURE SCHOLARSHIP AND EDUCATION FOUNDATI EIN 41-1388895 · last filed 990-PF for 2025
- OTTERS ELEMENTARY PTO EIN 41-1910529 · last filed 990-EZ for 2025
- FRIENDS OF THE FERGUS FALLS PUBLIC LIBRARY INC EIN 26-0623177 · last filed 990-N for 2025
- FERGUS FALLS BAND BOOSTERS EIN 41-1653013 · last filed 990-EZ for 2025
- CHILDREN OF ST PETER EIN 83-2068974 · last filed 990-N for 2025
- CENTRAL LAKES ROBOTICS EIN 38-3912172 · last filed 990-N for 2025
- LAKE REGION HEALTHCARE CORPORATION EIN 41-0730602 · last filed 990 for 2025