2023-10-26T12:51:17-05:00 2022-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2022-01-01 456013464 Children's Village Family Service Foundation CHIL 7014514900 PO Box 9859 Fargo ND 581069859 Kelly Olson CEO 7014514900 2023-10-26 1 Kelly Olson 999009999 1 Lisa Chaffee CPA P00193453 7012551091 2023-10-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Kelly Olson PO Box 9859 Fargo ND 581069859 714550 0 X www.thevillagefamily.org X 1957 ND To provide permanent support for the activities and programs of the Village Family Service Center. 14 14 0 14 4910 0 174953 135100 0 0 187899 274849 0 0 362852 409949 250004 2453137 0 0 0 0 0 0 0 85733 53289 335737 2506426 27115 -2096477 7487765 5002914 671747 654812 6816018 4348102 The Children's Village Family Service Foundation exists to provide permanent support for the activities and programs of The Village Family Service Center. 0 0 2453137 2453137 0 The Children's Village Foundation exists to provide permanent support for the activities and programs of The Village Family Service Center. 2453137 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Kelly Olson 7014514870 PO Box 9859 Fargo ND 58106 Kelly Olson Tingelstad CEO (as of Jan) 1.00 40.00 X 0 205871 9661 Shelley Treib CFO (until May) 1.00 40.00 X 0 42526 8032 Chad DeJong CFO (as of Sept) 1.00 40.00 X 0 42721 0 Thomas Rohleder Chairman 1.00 2.00 X X 0 0 0 Dr Louise Dardis Vice Chairman (as of May) 1.00 2.00 X X 0 0 0 Paul Zenker Secretary (as of May) 1.00 2.00 X X 0 0 0 Timothy Sayler Treasurer 1.00 2.00 X X 0 0 0 Michelle Kommer Board Member 1.00 2.00 X 0 0 0 Sandra Skallerud Board Member 1.00 2.00 X 0 0 0 Jeanne Narum Board Member 1.00 2.00 X 0 0 0 Jayne Gust Board Member 1.00 2.00 X 0 0 0 Matthew Leiseth Board Member (until May) 1.00 0.00 X 0 0 0 Eric Hatch Board Member (until May) 1.00 0.00 X 0 0 0 Dr Cory Steiner Board Member (as of May) 1.00 2.00 X 0 0 0 Rich Duysen Board Member (as of May) 1.00 2.00 X 0 0 0 Chris Champ Board Member (as of May) 1.00 2.00 X 0 0 0 Brandy Pyle Board Member (as of May) 1.00 2.00 X 0 0 0 Lorrie Thoemke Board Member (as of May) 1.00 2.00 X 0 0 0 Gail Bernbucci Board Member (as of May) 1.00 2.00 X 0 0 0 0 291118 17693 0 0 1 0 0 135100 135100 300448 4910 295538 279002 304601 -25599 -25599 -25599 409949 0 4910 269939 2453137 2453137 23910 23910 26440 26440 2939 2939 2506426 2453137 53289 0 129393 110378 716436 716436 716436 3425657 2805870 997493 1358353 2218786 11877 7487765 5002914 671747 654812 671747 654812 X 4528564 2175450 2287454 2172652 6816018 4348102 7487765 5002914 X -2096477 -632785 38822 222524 X 0 1 X 1 0 X X X 1 Village Family Service Center 450226423 7 1 2453137 0 1 2453137 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Section C, line 1: The bylaws of the Organization were amended December 14, 2022. As of this date, the board members of the Organization are appointed by the Directors of the Village Family Service Center, the supported organization. The Organization is now reporting as Type I supporting organization to the Village Family Service Center. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 392803 30101 -79953 -79953 422904 341703 51100 30084 30084 392803 326703 15000 35897 35897 341703 301805 24898 31834 31834 326703 291805 10000 -14792 -14792 301805 0.00000 1.00000 0.00000 0 0 716436 716436 716436 Investment in Dakota REIT 1358346 F Mineral Rights 7 F 1358353 Due to Related Party 554542 Annuities Payable 19763 Water Lease Termination Payable 80507 654812 X 12070 -632785 261346 -371439 383509 26440 26440 409949 2479986 0 2479986 26440 26440 2506426 Part V, Line 4: The Foundation's endowment consists of approximately 21 individual funds established by donors to provide annual funding for specific activities and general operations. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in Value of Split-Interest Agreements 7,686. Change in Assessed value of Investment in the Pines 214,838. Prior year adjustment to Accounts payable related to land sale 38,822. 1 Village Family Service Center PO Box 9859 Fargo ND 58106 450226423 501(c)(3) 2203133 0 Forgiveness of note receivable Village Family Service Center PO Box 9859 Fargo ND 58106 450226423 501(c)(3) 250004 0 Operating support 1 0 Part I, Line 2: The Organization monitors the use of funds through members of the Board of Directors that also serve as the Board of Directors of the Village Family Service Center. Additionally, the CEO and CFO of The Village Family Service review and monitor said use of funds on a regular basis and via key business processes and policies. 0 0 0 0 0 0 0 0 0 Kelly Olson Tingelstad CEO (as of Jan) 0 199890 0 0 0 5981 0 9661 0 1561 0 217093 0 0 Part I, Line 3 The President/CEO is compensated by the Village Family Service Center, a related organization. In establishing the compensation of the President/CEO the Village Family Service Center use the following methods: compensation survey and approval by the board or compensation committee. The Village uses a survey every three years and annually the board approves compensation. Form 990, Part VI, Section A, line 1a The Organization has an executive committee which consists of the officers of the Board and the immediate past Chairperson of the Board. This committee is chaired by the Chairperson of the Board. This group serves as the central leadership and planning group for the organization and as an advisory group to the President-CEO. It has full authority to act on behalf of the Board in providing leadership and management resources to the President-CEO in the President-CEO's management over the affairs of the Corporation during the intervals between meetings of the Board, except as specifically limited by prior action of the Board. Form 990, Part VI, Section A, line 2 Kelly Olson Tingelstad, Shelley Treib and Chad DeJong have a business relationship with Thomas Rohlender, Dr. Louise Dardis, Paul Zenker, Timothy Sayler, Michelle Kommer, Sandra Skallerud, Jeanne Narum, Jayne Gust, Dr. Cory Steiner, Rich Duysen, Chris Champ, Brandy Pyle, Lorrie Thoemke, and Gail Bernbucci. Kelly, Shelley and Chad are employed by the Village Family Service Center, a related organization, in which the other individuals are board members. Form 990, Part VI, Section A, line 4 The Organization amended the bylaws in 2022. Significant changes include: The board of directors shall be appointed by the Directors of the Village Family Service Center. The number of members of the board shall be not less than seven or more than fifteen members. Form 990, Part VI, Section A, line 7a The board of directors is appointed by the Directors of the Village Family Service Center (the related organization). Form 990, Part VI, Section B, line 11b The CFO, CEO, and staff accountant of the Village Family Service Center, a related organization, will review the Form 990 prior to it being distributed to the board members prior to it being filed. Form 990, Part VI, Section B, line 12c Individuals with a conflict, or potential conflict, will make this known to the appropriate Foundation individual at the earliest possible date. Board member conflicts are to be reported to the Chairperson of the Board of Directors of the Children's Village Family Service Foundation. Board members are asked to abstain from voting on any issues in which they have a conflict. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, line 9: Change in Value of Split Interest Agreements 7,686. Change in assessed value of Investment in Pines 214,838. Form 990, Part XI, line 8: A prior period adjustment in the amount of $38,822 is being recorded due to a prior year adjustment to accounts payable related to a land sale. Village Family Service Center PO Box 9859 Fargo ND 58106 450226423 Human Services ND 501(c)(3) Line 7 N/A 0 0 1 0 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0