Feeding South Dakota
- Assets
- $24.7m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 70
- Location
- Sioux Falls, SD
- Founding
- 02/1984
- Data as of
- 06/2022
- EIN
- 36-3293534
Organization Overview
Feeding South Dakota is located in Sioux Falls, SD. The organization was established in 1984. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Feeding South Dakota employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feeding South Dakota is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Feeding South Dakota generated $28.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $29.2m during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Feeding South Dakota has awarded 263 individual grants totaling $14,075,866. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ELIMINATE HUNGER IN SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK (SIOUX FALLS, RAPID CITY AND PIERRE) - SURPLUS AND SALVAGE FOOD IS BROUGHT TO OUR DISTRIBUTION CENTERS AND IS DISTRIBUTED TO OTHER NON-PROFIT ORGANIZATIONS THAT OPERATE ON-SITE FOOD SERVICE OR NUTRITION PROGRAMS THROUGHOUT THE STATE OF SOUTH DAKOTA.
FEEDING SOUTH DAKOTA ADMINISTERS TWO USDA COMMODITY PROGRAMS FOR THE STATE OF SOUTH DAKOTA. THOSE PROGRAMS INCLUDE: THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) AND THE COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP). TEFAP PROVIDED COMMODITY PRODUCTS TO QUALIFIED EMERGANCY FEEDING PROGRAMS. CSFP PROVIDED SUPPLEMENTAL FOOD BOXES TO LOW-INCOME, ELIGIBLE SENIORS.
OUR MOBILE FOOD PANTRY PROGRAM DISTRIBUTES FOOD TO INDIVIDUALS AND FAMILIES LIVING IN HIGH-NEED NEIGHBORHOODS AND COMMUNITIES WITH LIMITED ACCESS TO NUTRITIOUS FOOD RESOURCES. WITH THE HELP OF NUMEROUS COMMUNITY PARTNERS AND VOLUNTEERS, THIS PROGRAM PROVIDED 8 MILLION POUNDS OF FOOD RESULTING IN OVER 6.6 MILLION MEALS TO THOSE IN NEED IN FISCAL YEAR 2022.
OUR BACKPACK PROGRAM PROVIDES ATRISK CHILDREN WITH NUTRITIOUS, EASY-TO-PREPARE FOOD DURING WEEKENDS AND HOLIDAYS WHEN SCHOOL IS NOT IN SESSION. THROUGH THIS PROGRAM, ALMOST 3,400 CHILDREN WERE SERVED STATEWIDE EACH WEEK DURING THE SCHOOL YEAR. DURING FISCAL YEAR 2022, OUR SCHOOL FOOD PANTRY PROGRAM DISTRIBUTED OVER 94,000 POUNDS OF FOOD IN SIOUX FALLS AND THE RAPID CITY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Matt Gassen CEO Until 08/2021 | Officer | 40 | $114,811 |
Christy Carr CFO | Officer | 40 | $56,802 |
Lori Dykstra CEO From 08/21 | Officer | 40 | $51,459 |
Thomas Worsley Secretary | OfficerTrustee | 1 | $0 |
Brian Bird Treasurer | OfficerTrustee | 1 | $0 |
Kim Tyler Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rkd Alpha Dog Direct Mail Fundraiser | 6/29/22 | $438,025 |
Stellar Commercial Roofing Building Repairs | 6/29/22 | $200,107 |
K&j Trucking Inc Transportation Services | 6/29/22 | $152,846 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $59,488 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,540,102 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,829,561 |
| Noncash contributions included in lines 1a–1f | $19,411,861 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,429,151 |
| Total Program Service Revenue | $864,479 |
| Investment income | $47,379 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,790 |
| Net Income from Fundraising Events | $717 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,354,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,489,335 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $294,877 |
| Compensation of current officers, directors, key employees. | $123,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,949,510 |
| Pension plan accruals and contributions | $51,638 |
| Other employee benefits | $365,803 |
| Payroll taxes | $168,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $503,894 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,775 |
| Advertising and promotion | $0 |
| Office expenses | $569,896 |
| Information technology | $81,141 |
| Royalties | $0 |
| Occupancy | $139,950 |
| Travel | $32,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,253 |
| Interest | $36 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $602,383 |
| Insurance | $86,988 |
| All other expenses | $17,749 |
| Total functional expenses | $29,150,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,996,060 |
| Savings and temporary cash investments | $5,947,596 |
| Pledges and grants receivable | $520,514 |
| Accounts receivable, net | $86,408 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,764,541 |
| Prepaid expenses and deferred charges | $100,230 |
| Net Land, buildings, and equipment | $8,583,706 |
| Investments—publicly traded securities | $4,042,076 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $637,182 |
| Total assets | $24,678,313 |
| Accounts payable and accrued expenses | $342,738 |
| Grants payable | $0 |
| Deferred revenue | $16,180 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $358,918 |
| Net assets without donor restrictions | $21,514,567 |
| Net assets with donor restrictions | $2,804,828 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,678,313 |
Grants Awarded
Over the last fiscal year, Feeding South Dakota has awarded $1,489,335 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Hoffman Estates, IL PURPOSE: HUNGER RELIEF | $310,262 |
Sioux Falls, SD PURPOSE: HUNGER RELIEF | $173,019 |
ROSEBUD SIOUX TRIBE CAREGIVERS PURPOSE: HUNGER RELIEF | $120,818 |
Brookings, SD PURPOSE: HUNGER RELIEF | $118,154 |
Glastonbury, CT PURPOSE: HUNGER RELIEF | $83,501 |
BRIDGEWATER FOOD PANTRY PURPOSE: HUNGER RELIEF | $72,011 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Feeding South Dakota has recieved totaling $68,333.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $48,333 |
Second Step Foundation Minneapolis, MN PURPOSE: PROGRAM SUPPORT TO REDUCE HUNGER | $20,000 |
Endowment Analysis
| Beg. Balance | $739,764 |
| Earnings | -$94,311 |
| Admin Expense | $6,219 |
| Net Contributions | $5,650 |
| Grants | $13,084 |
| Ending Balance | $631,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
Billings Food Bank Inc Billings, MT | $7,614,272 | $50,002,296 |
River Bend Food Reservoir Davenport, IA | $24,095,771 | $42,604,149 |
Great Plains Food Bank Fargo, ND | $16,072,644 | $44,237,483 |
Food Bank Of Iowa Des Moines, IA | $30,639,112 | $46,724,130 |
Montana Food Bank Network Inc Missoula, MT | $8,986,724 | $33,382,833 |
Feeding South Dakota Sioux Falls, SD | $24,678,313 | $28,354,516 |
Channel One Inc Rochester, MN | $10,900,527 | $23,904,084 |
Northeast Iowa Food Bank Inc Waterloo, IA | $13,006,987 | $17,224,102 |
Food Bank Of Lincoln Inc Lincoln, NE | $19,534,809 | $19,256,547 |
The Food Group Minnesota Inc New Hope, MN | $6,821,261 | $14,957,380 |
Second Harvest North Central Food Bank Inc Grand Rapids, MN | $4,978,294 | $11,898,743 |