Fred & Cheri Kershisnik Foundation is a 501(c)(3) organization based in Killdeer, North Dakota, registered in 2017, with $151,921 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$152K
▲ 94.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$89K
Net assets
$1.0M
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 Fred & Cheri Kershisnik Foundation— 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 Fred & Cheri Kershisnik Foundation: 139 mo reserves · +41% margin earns a B+ 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 Fred & Cheri Kershisnik Foundation— 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 Fred & Cheri Kershisnik Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $100K (FY2017) to $152K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
41.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,921▲94.6% | $89,407▲23.4% | $1,032,614▲6.4% | $1,032,614▲6.4% | 990PF |
| 2023 | $78,052▲2343% | $72,425▲70.6% | $970,772▲0.6% | $970,772▲0.6% | 990PF |
| 2022 | $3,195▼98.6% | $42,446▼5.6% | $965,144▼3.9% | $965,144▼3.9% | 990PF |
| 2021 | $233,338▼53.3% | $44,973▼49.1% | $1,004,395▲23.1% | $1,004,395▲23.1% | 990PF |
| 2020 | $500,021▲11.1% | $88,331▼50.3% | $816,030▲102% | $816,030▲102% | 990PF |
| 2019 | $450,047▲350% | $177,592▲42.4% | $404,340▲37.1% | $404,340▲37.1% | 990PF |
| 2017 | $100,082 | $124,738 | $294,908 | $294,908 | 990PF |
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.
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Data for Fred & Cheri Kershisnik Foundation (EIN 81-4720527) 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.