South Dakota Agricultural And Rural Leadship Foundaiton
- Assets
- $1.9m
- Revenue
- $616.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Brookings, SD
- Founding
- 01/2001
- Data as of
- 06/2022
- EIN
- 36-4293293
Organization Overview
South Dakota Agricultural And Rural Leadship Foundaiton is located in Brookings, SD. The organization was established in 2001. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, South Dakota Agricultural And Rural Leadship Foundaiton employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Dakota Agricultural And Rural Leadship Foundaiton 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, South Dakota Agricultural And Rural Leadship Foundaiton generated $616.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $443.7k during the year ending 06/2022. While expenses have increased by 12.0% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY AND DEVELOP LEADERSHIP FOR AGRICULTURE AND RURAL COMMUNITIES TO ENHANCE THE QUALITY OF LIFE FOR ALL SOUTH DAKOTANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENSURE THE SOUTH DAKOTA RURAL AND AGRICULTURAL COMMUNITY CAN KEEP PACE WITH THE RATE OF CHANGE, IT IS IMPERATIVE WE SUPPLY INFORMED, DECISIVE, COMMUNICATIVE SPOKESPERSONS TO REPRESENT OUR INDUSTRY AND COMMUNITIES, KEEPING THE PUBLIC FACTUALLY INFORMED, AS POLICIES ARE FORMED AND DECISIONS ARE MADE. TO ADDRESS THESE NEEDS, SDARL PROVIDES AN INTENSIVE STUDY AND TRAINING EXPERIENCE FOR FUTURE AGRICULTURAL LEADERS OF SOUTH DAKOTA. THE SDARL PROGRAM CONSISTS OF 12 SEMINARS OVER AN 18-MONTH PERIOD. TEN OF THE SEMINARS ARE 3-4 DAY IN-STATE SEMINARS HELD AT VARIOUS LOCATIONS THROUGHOUT SOUTH DAKOTA. SDARL ALSO PROVIDES ADVANCED LEADERSHIP EDUCATION TO PROGRAM ALUMNI AND PARTNER ORGANIZATIONS AS WELL AS EDUCATIONAL TRAINING FOR FFA, COMMODITY ORGANIZATIONS, AND COMMUNITY NON-PROFIT BOARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Norton CEO | Officer | 40 | $120,000 |
Dave Bushong Member | Trustee | 1 | $0 |
Matt Dybedahl Member | Trustee | 1 | $0 |
Bill Even Member | Trustee | 1 | $0 |
Terry Jaspers Treasurer | OfficerTrustee | 2 | $0 |
Eric Jennings Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,372 |
| All other contributions, gifts, grants, and similar amounts not included above | $504,115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,487 |
| Total Program Service Revenue | $45,822 |
| Investment income | $6,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,336 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $616,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $112,500 |
| Compensation of current officers, directors, key employees. | $11,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,590 |
| Pension plan accruals and contributions | $17,677 |
| Other employee benefits | $15,503 |
| Payroll taxes | $14,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $95,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,253 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,521 |
| Insurance | $3,865 |
| All other expenses | $0 |
| Total functional expenses | $443,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,141 |
| Savings and temporary cash investments | $101,222 |
| Pledges and grants receivable | $1,248,036 |
| Accounts receivable, net | $1,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,139 |
| Net Land, buildings, and equipment | $1,838 |
| Investments—publicly traded securities | $105,089 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $429,874 |
| Total assets | $1,931,404 |
| Accounts payable and accrued expenses | $32,416 |
| Grants payable | $0 |
| Deferred revenue | $71,516 |
| 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 | $103,932 |
| Net assets without donor restrictions | $139,901 |
| Net assets with donor restrictions | $1,687,571 |
| 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 | $1,931,404 |