Sesdac Foundation Inc
- Assets
- $640.0k
- Revenue
- $53.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Vermillion, SD
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 46-0457648
Organization Overview
Sesdac Foundation Inc is located in Vermillion, SD. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sesdac Foundation Inc 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 12/2021, Sesdac Foundation Inc generated $53.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $18.1k during the year ending 12/2021. While expenses have increased by 8.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE, SUSTAIN, AND ASSIST SESDAC
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE, SUSTAIN, AND ASSIST SESDAC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Ford President | Officer | 0.2 | $0 |
Christopher White Treasurer | Officer | 0.2 | $0 |
Barbara Campbell Vice President | Officer | 0.2 | $0 |
Phil Terwilliger Member | Trustee | 0.2 | $0 |
Julie Girard Member | Trustee | 0.2 | $0 |
Ionela Georgescu Secretary | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,561 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,561 |
| Total Program Service Revenue | $0 |
| Investment income | $24,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,768 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,806 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $5,155 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $693 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $504 |
| Office expenses | $707 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,967 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $639,967 |
| Accounts payable and accrued expenses | $319 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $319 |
| Net assets without donor restrictions | $639,648 |
| Net assets with donor restrictions | $0 |
| 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 | $639,967 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sesdac Foundation Inc has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Piper Jaffray Foundation Minneapolis, MN PURPOSE: GIFT MATCHING PAYMENTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Propel Nonprofits Minneapolis, MN | $49,559,623 | $14,478,230 |
Jewish Federation Of Omaha Foundation Omaha, NE | $124,451,193 | $16,233,916 |
Annette And Paul Smith Charitable Fund Omaha, NE | $1,572,080 | $32,841 |
Grhs-Fmch Community Health Foundation Fort Madison, IA | $2,014,247 | $542,738 |
Stride Academy Building Company St Cloud, MN | $14,195,739 | $1,437,318 |
Norfolk Ymca Real Estate Holding Corporation Nofolk, NE | $9,843,118 | -$434,812 |
Billings Leadership Foundation Billings, MT | $312,454 | $1,099,588 |
Wild Sheep Legacy Foundation Forest Lake, MN | $11,469,458 | $1,459,597 |
Des Moines Public Library Foundation Des Moines, IA | $4,315,717 | $910,183 |
Granite Charitable St Cloud, MN | $29,506,815 | $11,659,873 |
Oaknoll Foundation Iowa City, IA | $1,581,915 | $436,718 |
Special K Ranch Foundation Inc Columbus, MT | $6,163,904 | $1,112,276 |