Nonprofit · EIN 88-3052475
514 FOUNDATION
Tax-exempt · MINOT, ND 58701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $51,758 | $56,269 | -$4,511 | $1,018 | $0 | $1,018 |
| December 31, 2024 | 990-PF | $25,460 | $19,931 | $5,529 | $5,529 | $0 | $5,529 |
| December 31, 2023 | 990-PF | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $51,735
- Interest
- $23
Expenses
- Grants and similar amounts paid
- $55,467
- Compensation of officers, directors and key employees
- $138
- Disbursements for charitable purposes
- $55,667
Balance sheet and other
- Total assets, start of year
- $5,529
- Total assets, end of year
- $1,018
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,018
- Fair market value of assets
- $1,018
- Qualifying distributions
- $55,667
- Net investment income
- $23
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAVERA WEALTH 925 20TH AVE SW, MINOT, ND 58701 | TRUSTEE | 1 | $138 |
| MITCHELL INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| ERIKA INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| MADISEN VOIGT 1454 NORTH LA ROSA DRIVE, TEMPE, AZ 85281 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAVERA WEALTH 925 20TH AVE SW, MINOT, ND 58701 | TRUSTEE | 1 | $38 |
| MITCHELL INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| ERIKA INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| MADISEN VOIGT 1454 NORTH LA ROSA DRIVE, TEMPE, AZ 85281 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MITCHELL INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| ERIKA INGERSON 1332 2ND STREET SE, MINOT, ND 58701 | DIRECTOR | 2 | $0 |
| MADISEN VOIGT 1454 NORTH LA ROSA DRIVE, TEMPE, AZ 85281 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1332 2ND ST SE, MINOT, ND 58701-5912
- In care of
- % MITCHELL INGERSON
- Signed the 990-PF
- MITCHELL INGERSON, BOARD MEMBER
- Phone
- (701) 839-7080
- Return prepared by
- BRAVERA WEALTH
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 | 990-PF 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
- 88-3052475
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,018
- Income (IRS master file)
- $51,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $51,758 | $56,269 | $1,018 | XML |
| 990-PF | December 2024 | $25,460 | $19,931 | $5,529 | IRS |
| 990-PF | December 2023 | $0 | $0 | $0 | XML |
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 88-3052475).
Questions about 514 FOUNDATION
- What is the EIN of 514 FOUNDATION?
- The employer identification number (EIN) of 514 FOUNDATION is 88-3052475.
- Is 514 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 514 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does 514 FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of 514 FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 514 FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of 514 FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $138 (BRAVERA WEALTH, TRUSTEE).
- How much revenue does 514 FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $51,758, expenses of $56,269 and total assets of $1,018 at year end.
Other nonprofits in MINOT
- MSU BEAVER BOOSTERS INC EIN 36-3884433 · last filed 990 for 2025
- INSPIRITUS COMMUNITY HEALTH FOUNDATION EIN 45-0454700 · last filed 990 for 2025
- SOURIS VALLEY UNITED WAY EIN 45-0308679 · last filed 990 for 2026
- WILLIAM LANGER AND SUSAN FLICKINGER GOKEY FOUNDATION INC EIN 30-0595769 · last filed 990-PF for 2025
- SERTOMA INC EIN 45-6013604 · last filed 990-EZ for 2025
- BRANDT FOUNDATION INC EIN 82-3225217 · last filed 990-PF for 2024
- MINOT AREA COMMUNITY FOUNDATION EIN 31-1689978 · last filed 990-EZ for 2025
- COMMUNITY ROCKS INC EIN 47-5203995 · last filed 990-N for 2025
All nonprofits in MINOT · North Dakota · Philanthropy, voluntarism and grantmaking foundations