Mission
SUPPORTING CHILDREN AND ADULTS ON THEIR LIFE'S JOURNEY TO INDEPENDENCE.
Public Charity
FRASER LTD
Based in FARGO, ND, FRASER LTD operates as a Public Charity. The organization reported $14.0M in revenue, $14.3M in expenses, $12.4M in total assets for fiscal year 2025. Imperigo tracks 49 reported grant relationships connected to this organization totaling approximately $1.3M.
EIN: 450226418
FARGO, ND
Residential Care & Adult Day Programs
NTEE: P70
Latest filing: 2025
Total Revenue$14.0M
Total Expenses$14.3M
Total Assets$12.4M
Grant Records49
Funding Total$1.3M
Filing Years2021–2025
Where $100 goes at Fraser Ltd
How Fraser Ltd divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$90
Programs
the work itself
$7
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $90 for programs
$60
Fraser Ltd provides housing along with case management supports to adults (18 years +) with intellectual and developmental disabilities who require assistance in obtaining and meeting basic living…
$10
Transitional youth services
$10
Fraser Ltd operates "Fraser child care" which is an integrated day care facility open to special needs children and typically developing children
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FMAF COMMUNITY GRANT ROUND 2025 - GENERAL OPERATING SUPPORT
$10,000
COMMUNITY & HUMAN SERVICES
$119,000
For grant recipient's exempt purposes
$20,000
Support youth and capital campaign for expansion of transitional youth services programs
$15,450
provide essential resources, housing, and care to help individuals
$5,813
Showing up to 5 of 49 total records — full history available with membership.
Officers & Directors
DIRECTOR OF ACCOUNTING (8/30/24-1/17/25)
Aaron Kakac
CHAIRMAN
Brenda Kaspari
SECRETARY
Danny Tungseth
TREASURER
David Laske
INTERIM DIRECTOR OF ACCOUNTING (11/20/25-CUR.)
John Lonzi
CHIEF OPERATING OFFICER
Jonathan Kadrmas
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14.0M | $14.3M | $12.4M |
| 2024 | $13.0M | $13.3M | $12.3M |
| 2023 | $11.7M | $12.4M | $13.0M |
| 2022 | $14.1M | $12.3M | $13.6M |
| 2021 | $15.1M | $12.5M | $12.5M |
Between 2021 and 2025, reported annual revenue declined from $15.1M to $14.0M (-8%), with total assets most recently reported at $12.4M.
Interactive year-over-year charts and full filing details available with membership.