South Dakota Youth Foundation Inc
- Assets
- $220.2k
- Revenue
- $91.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Brookings, SD
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4832848
Organization Overview
South Dakota Youth Foundation Inc is located in Brookings, SD. The organization was established in 2015. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Dakota Youth 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, South Dakota Youth Foundation Inc generated $91.2k 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 $71.2k during the year ending 12/2021. While expenses have increased by 19.7% 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
TO PREPARE YOUTH TO BECOME THRIVING AND CONTRIBUTING COMMUNITY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND PROGRAMS FOR YOUTH IN SOUTH DAKOTA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Fosheim President | Officer | 2 | $0 |
Jesse Abernathy Treasurer | Officer | 2 | $0 |
Debra Debates Director | Trustee | 1 | $0 |
Dee Gulson Director | Trustee | 1 | $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 | $72,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,667 |
| Total Program Service Revenue | $0 |
| Investment income | $12,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,208 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,159 |
| 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 | $4,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,861 |
| Fees for services: Management | $26,930 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $260 |
| Office expenses | $14,648 |
| Information technology | $1,600 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $593 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $701 |
| All other expenses | $2,130 |
| Total functional expenses | $71,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,458 |
| 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 | $157,784 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $220,242 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $220,242 |
| 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 | $220,242 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that South Dakota Youth Foundation Inc has recieved totaling $2,037.
| Awarding Organization | Amount |
|---|---|
Xcel Energy Foundation Minneapolis, MN PURPOSE: EDUCATION GRANT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Josiah Whites Quakerdale Foundation New Providence, IA | $22,959,200 | $1,075,930 |
Mustaches For Kids Omaha Omaha, NE | $49,278 | $833,616 |
Orphans Joy Inc Minneapolis, MN | $95,406 | $402,244 |
Minnesota Camp Fire Foundation Excelsior, MN | $6,404,984 | $35,680 |
Youth Shooting Sports Alliance Elkhorn, NE | $880,570 | $304,880 |
Lakes Area Gymnastics Booster Club Perham, MN | $3,566,336 | $315,544 |
Friends Of Extension And 4-H In Douglas Sarpy County Omaha, NE | $499,109 | $0 |
Realtors For Kids Inc Spearfish, SD | $81,546 | $0 |
Billings Just For Kids Billings, MT | $11,834 | $0 |
Optimist International Brookings, SD | $48,764 | $0 |
South Dakota Youth Foundation Inc Brookings, SD | $220,242 | $91,159 |
Maquoketa Youth Trap Club Inc Baldwin, IA | $14,435 | $65,240 |