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North Dakota · Nonprofit

North Dakota Rural Electric Cooperatives Foundation

North Dakota Rural Electric Cooperatives Foundation (North Dakota) receives grants from 1 organization whose IRS filings report $210,000 to it, the largest being THE BUSH FOUNDATION ($210,000). 1 of them have funded it in more than one year.

Revenue FY2024
$235k
Funders on record
1
Grants received
$210k
Net assets
$-11846
1/1 repeat funderspeak grant-dependency 60%
01What it does

What North Dakota Rural Electric Cooperatives Foundation does

Mission

To empower communities to pursue opportunities, address challenges, and bring dreams to reality.

As stated on its FY2024 Form 990.

Programs

  1. North Dakota Rural Electric Cooperatives Foundation (ND REC Foundation) provides training and technical assistance to sustain quality of life for rural people and businesses at no charge to the individuals or businesses. The focus of the technical assistance recently is around food access in rural communities. ND REC Foundation is a sub awardee for a USDA Regional Food Business Center 5-year grant with Region Five Development Commission. Purpose of the grant is pay for employees' time to provide direct technical assistance to small-and-mid-sized food and farm businesses by partnering with other organizations in the region to develop a statewide action plan that will be aggregated with other regional state plans to find common goals and objectives to help with local and statewide objectives. (Continued on Schedule O)The work on this grant in 2024 consisted of assisting with the creation of a statewide action plan related to local foods and providing technical assistance to individuals and organizations that were looking to apply for Business Builder grants from Region Five Development Commission. ND REC Foundation was also awarded a Local Foods Promotion Program 3-year grant from…

    $203,724 spent
    82% of program spending
  2. Collecting contributions to be used to build a new lineworker training facility that will be used jointly by NDAREC and BSC. Primarily the building will be leased by BSC to provide education to students interested in becoming lineworkers. Education and training courses will also be held by NDAREC in the facility for current lineworkers to teach new skills, providing safety training, and other relevant education and training needs.

    $45,000 spent
    18% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $248,724.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($168k) Expenses 100 ($58k) Net assets 100 ($219k)2022 Revenue 108 ($180k) Expenses 674 ($393k) Net assets 3 ($7k)2023 Revenue 74 ($125k) Expenses 187 ($109k) Net assets 10 ($22k)2024 Revenue 140 ($235k) Expenses 462 ($269k) Net assets -5 ($-11846)
2021202220232024
Revenue (140)Expenses (462)Net assets (-5)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $352k to $33k (−91%).

$352k
$33k
$49k
$18k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 55%. Grants only. Government contracts and fees sit inside program revenue.

100% of North Dakota Rural Electric Cooperatives Foundation’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$109k
’21
−$212k
’22
$15k
’23
−$34k
’24
0.8
months of
reserve
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $110k → $100k.

Funder
'20
'21
total
funders
1
1

From the IRS filings of North Dakota Rural Electric Cooperatives Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

North Dakota Rural Electric Cooperatives Foundation draws 100% of its grant income from funders outside North Dakota, across 1 state in all.

MN

In-state vs out-of-state, by year

’20
’21
North Dakota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

North Dakota Rural Electric Cooperatives Foundation has grown faster than half of the 21,616 human services nonprofits its size.

Operating margin−15% · bottom quartile
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Government funding North Dakota Rural Electric Cooperatives Foundation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $173k on record.

Federal$173k
grants $173kcontracts $0
Top agencies
  • Department of Agriculture$173k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like North Dakota Rural Electric Cooperatives Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Dakota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

57%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for North Dakota Rural Electric Cooperatives Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds North Dakota Rural Electric Cooperatives Foundation?
North Dakota Rural Electric Cooperatives Foundation (North Dakota) receives grants from 1 organization whose IRS filings report $210,000 to it, the largest being THE BUSH FOUNDATION ($210,000). 1 of them have funded it in more than one year.
How many funders does North Dakota Rural Electric Cooperatives Foundation have?
IRS filings report 1 organization giving $210,000 in grants to North Dakota Rural Electric Cooperatives Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of North Dakota Rural Electric Cooperatives Foundation?
THE BUSH FOUNDATION is the largest funder on record, with $210,000 in grants. The full list of funders is on this page.
How can an organization like North Dakota Rural Electric Cooperatives Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds North Dakota Rural Electric Cooperatives →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing