Yellow Jacket Foundation Inc

Organization Overview

Yellow Jacket Foundation Inc, operating under the name Steve Meeker, is located in Spearfish, SD. The organization was established in 1975. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Steve Meeker 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 12/2022, Steve Meeker generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 7.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT STUDENT ATHLETES BY FUNDING ATHLETIC SCHOLARSHIPS AND IMPROVING ATHLETIC FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH VARIOUS ENDEAVORS, THE YELLOW JACKET FOUNDATION FUNDS ALL ATHLETIC SCHOLARSHIPS GIVEN TO BLACK HILLS STATE STUDENT ATHLETES. THE FOUNDATION ALSO PROVIDES SUPPORT TO THE VARIOUS ATHLETIC PROGRAMS AND FACILITIES OF THE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Executive Di
$0
Darin Douglas
President
$0
Susan Peterson
Vice Preside
$0
Neil Granbouche
Secretary
$0
Ron Junek
Treasurer
$0
Jim Alcorn
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$643,053
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,453,303
Noncash contributions included in lines 1a–1f $10,751
Total Revenue from Contributions, Gifts, Grants & Similar$4,096,356
Total Program Service Revenue$0
Investment income $77,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$16,967
Net Income from Fundraising Events $146,233
Net Income from Gaming Activities $32,381
Net Income from Sales of Inventory $24,095
Miscellaneous Revenue$0
Total Revenue $4,359,748

Peer Organizations

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