Fargo-moorhead Area Foundation Corporation is a 501(c)(3) organization based in Fargo, North Dakota, registered in 1960, with $8,034,362 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$8.0M
▲ 54.4% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$9.2M
Net assets
$107.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fargo-moorhead Area Foundation Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fargo-moorhead Area Foundation Corporation: 141 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fargo-moorhead Area Foundation Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fargo-moorhead Area Foundation Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $11.2M (FY2013) to $8.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-14.2%
Spent more than it raised in the latest fiscal year.
Total assets
$109.6M
Total liabilities
$1.9M
Net assets
$107.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,034,362▲54.4% | $9,175,156▼18.4% | $107,755,197▲11.5% | $109,621,740▲11.4% | 990 |
| 2022 | $5,201,937▼82.7% | $11,250,336▼13.8% | $96,630,315▼20.4% | $98,404,628▼20.4% | 990 |
| 2021 | $30,025,035▲343% | $13,055,750▲59.0% | $121,348,795▲16.0% | $123,601,833▲15.9% | 990 |
| 2020 | $6,779,657▼67.4% | $8,210,800▲15.9% | $104,652,673▲8.4% | $106,685,360▲8.6% | 990 |
| 2019 | $20,801,113▲90.0% | $7,081,605▲75.4% | $96,556,269▲29.9% | $98,248,072▲30.0% | 990 |
| 2018 | $10,950,631▲50.4% | $4,037,273▼4.6% | $74,352,618▼2.5% | $75,555,744▼2.6% | 990 |
| 2017 | $7,280,429▲61.1% | $4,231,654▲5.9% | $76,265,855▲13.9% | $77,599,480▲13.5% | 990 |
| 2016 | $4,520,214▼14.8% | $3,994,381▲27.7% | $66,979,041▲5.2% | $68,358,534▲4.3% | 990 |
| 2015 | $5,307,082▼18.3% | $3,128,563▼13.2% | $63,694,155▼3.2% | $65,525,214▼2.7% | 990 |
| 2014 | $6,495,068▼41.8% | $3,603,792▲36.6% | $65,813,938▲2.5% | $67,310,420▲2.4% | 990 |
| 2013 | $11,165,560 | $2,639,163▼12.9% | $64,197,782▲18.9% | $65,713,197▲18.6% | 990 |
| 2012 | — | $3,030,663 | $53,994,588 | $55,419,113 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
16 grants to Fargo-moorhead Area Foundation Corporation totaling $424K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $11,831 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,250 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $7,946 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| Saint Paul & Minnesota Foundation | Multiple purposes | 2020 | $40,000 |
| American Online Giving Foundation Inc | General support | 2020 | $17,501 |
| American Online Giving Foundation Inc | General support | 2020 | $17,501 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $11,000 |
| American Online Giving Foundation Inc | General support | 2019 | $20,537 |
| Thrivent Charitable Impact & Investing | To be directed to the claudia m. pratt art heals f | 2017 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $201,100 |
| Sanford | General support | 2016 | $21,600 |
| American Endowment Foundation | Programs | 2016 | $17,706 |
| Innovis Health LLC | Program support | 2016 | $10,100 |
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Data for Fargo-moorhead Area Foundation Corporation (EIN 45-6010377) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.