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Nonprofit · EIN 47-0792436

MINOT PARK FOUNDATION

Tax-exempt · MINOT, ND 58701

Financials

$3.3M$642K2023$607K$2.1M2024
Revenue Expenses · by fiscal year end
Financials of MINOT PARK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$606,616$2,086,665-$1,480,049$2,868,079$426,119$2,441,960
December 31, 2023990$3,269,397$641,673$2,627,724$3,952,223$114,220$3,838,003
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$432,130
Program service revenue
$0
Investment income
$174,486
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,072,827
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,072,827
Management and general (functional)
$13,838

Balance sheet and other

Total assets, start of year
$3,952,223
Total assets, end of year
$2,868,079
Total liabilities, end of year
$426,119
Net assets, end of year
$2,441,960
Net assets without donor restrictions
$2,441,960
Gross receipts
$606,616
Employees
0
Volunteers
0
Year formed
1994
State of legal domicile
ND

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
ELLY DESLAURIERSDIRECTOR
Trustee or director
40$0$130,536
PERRY OLSONPRESIDENT
Trustee or director, Officer
1$0$3,600
MIKE SCHMITTCOMMISSIONER
Trustee or director
1$0$3,600
CLIFF HOVDACOMMISSIONER
Trustee or director
1$0$3,600
CHELSEA KIRKHAMMERVICE PRESIDENT
Trustee or director, Officer
1$0$3,600
JUSTIN HAMMERCOMMISSIONER
Trustee or director
1$0$3,600
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgs
ELLY DESLAURIERSDIRECTOR (AS OF MAY 2023)
Trustee or director
40$0$95,243
RON MERRITTDIRECTOR (THRU APRIL 2023)
Trustee or director
40$0$51,208
PERRY OLSONCOMMISSIONER
Trustee or director
0.5$0$3,600
MIKE SCHMITTCOMMISSIONER
Trustee or director
0.5$0$3,600
CLIFF HOVDACOMMISSIONER
Trustee or director
0.5$0$3,600
JUSTIN HAMMERVICE PRESIDENT
Trustee or director, Officer
0.5$0$3,600
KEN KITZMANPRESIDENT
Trustee or director, Officer
0.5$0$3,600

Address and contacts

Address (IRS master file)
420 3RD AVE SW, MINOT, ND 58701-4310
In care of
% MICHAEL A NILSON
Principal officer (990 for 2024)
PERRY OLSON, 420 3RD AVE SW, MINOT, ND 58701
Signed the 990
PERRY OLSON, PRESIDENT
Phone
(701) 857-4136
Return prepared by
BRADY MARTZ & ASSOCIATES PC

Mission

PROMOTING, DEVELOPING, AND ADVANCING SUPPORT FOR THE CITY OF MINOT PARK DISTRICT

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT THE CITY OF MINOT PARK DISTICT IN PARK PROJECTS.
    Expenses $2,072,827 · grants $2,072,827

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-0792436
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,868,079
Income (IRS master file)
$606,616

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$606,616$2,086,665$2,868,079XML
990December 2023$3,269,397$641,673$3,952,223XML
990December 2022$421,685$323,991$1,124,055IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 47-0792436).

Questions about MINOT PARK FOUNDATION

What is the EIN of MINOT PARK FOUNDATION?
The employer identification number (EIN) of MINOT PARK FOUNDATION is 47-0792436.
Is MINOT PARK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MINOT PARK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINOT PARK 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 MINOT PARK 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 MINOT PARK FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MINOT PARK FOUNDATION?
The 990 for the year ended December 31, 2024 names PERRY OLSON.
Who are the officers and directors of MINOT PARK FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does MINOT PARK FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $606,616, expenses of $2,086,665 and total assets of $2,868,079 at year end.

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