Civic Intelligence

Thunder Valley Community Development Corporation

990 • Fiscal year 2021 • EIN 20-8090454

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

PO Box 290Porcupine, SD 57772

(605) 455-2700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.46x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

90th percentile

61%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

29th percentile

$118,275

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

61%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

147%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$24,786,426

Up $9,380,395 (+61%) from 2020

Net Assets

Up

$18,367,705

Up $8,640,642 (+89%) from 2020

Liabilities

Up

$6,418,721

Up $739,753 (+13%) from 2020

Revenue

Up

$14,048,128

Up $8,358,641 (+147%) from 2020

Expenses

Up

$5,519,729

Up $761,067 (+16%) from 2020

Net Income

Up

$8,528,399

Up $7,597,574 (+816%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $161,683Liabilities 2010: $6,777Net Assets 2010: $154,9062010Assets 2011: $218,282Liabilities 2011: $15,365Net Assets 2011: $202,9172011Assets 2012: $400,678Liabilities 2012: $19,246Net Assets 2012: $381,4322012Assets 2013: $605,366Liabilities 2013: $80,341Net Assets 2013: $525,0252013Assets 2014: $837,801Liabilities 2014: $136,920Net Assets 2014: $700,8812014Assets 2015: $2,371,947Liabilities 2015: $295,053Net Assets 2015: $2,076,8942015Assets 2016: $5,324,014Liabilities 2016: $3,842,767Net Assets 2016: $1,481,2472016Assets 2017: $8,371,372Liabilities 2017: $5,738,214Net Assets 2017: $2,633,1582017Assets 2018: $13,228,582Liabilities 2018: $8,042,151Net Assets 2018: $5,186,4312018Assets 2019: $16,887,139Liabilities 2019: $8,717,512Net Assets 2019: $8,169,6272019Assets 2020: $15,406,031Liabilities 2020: $5,678,968Net Assets 2020: $9,727,0632020Assets 2021: $24,786,426Liabilities 2021: $6,418,721Net Assets 2021: $18,367,7052021Assets 2022: $26,048,911Liabilities 2022: $4,977,785Net Assets 2022: $21,071,1262022Assets 2023: $22,527,358Liabilities 2023: $1,765,307Net Assets 2023: $20,762,0512023Assets 2024: $20,953,082Liabilities 2024: $1,650,318Net Assets 2024: $19,302,7642024

Highlighted filing

2021

Assets$24,786,426
Liabilities$6,418,721
Net Assets$18,367,705

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $461,5952010Expenses 2011: $696,0212011Expenses 2012: $531,3022012Revenue 2013: $687,910Expenses 2013: $544,317Net Income 2013: $143,5932013Revenue 2014: $1,151,843Expenses 2014: $975,987Net Income 2014: $175,8562014Revenue 2015: $3,449,356Expenses 2015: $2,073,343Net Income 2015: $1,376,0132015Revenue 2016: $3,838,244Expenses 2016: $3,370,995Net Income 2016: $467,2492016Revenue 2017: $5,922,725Expenses 2017: $4,768,015Net Income 2017: $1,154,7102017Revenue 2018: $7,302,212Expenses 2018: $5,935,721Net Income 2018: $1,366,4912018Revenue 2019: $7,942,363Expenses 2019: $4,959,167Net Income 2019: $2,983,1962019Revenue 2020: $5,689,487Expenses 2020: $4,758,662Net Income 2020: $930,8252020Revenue 2021: $14,048,128Expenses 2021: $5,519,729Net Income 2021: $8,528,3992021Revenue 2022: $10,714,403Expenses 2022: $5,832,964Net Income 2022: $4,881,4392022Revenue 2023: $6,733,405Expenses 2023: $7,042,480Net Income 2023: -$309,0752023Revenue 2024: $4,739,572Expenses 2024: $6,402,119Net Income 2024: -$1,662,5472024

Highlighted filing

2021

Revenue$14,048,128
Expenses$5,519,729
Net Income$8,528,399
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.0
Gross Receipts
$14,064,364
Mission and Program Overview

Mission

Thunder Valley Community Development Corporation's purpose is to build up tribal communities and protect tribal lands in a sustainable way that will insure a positive legacy for empowering youth and families through cultural identity and social action.

Thunder valley community development corporation's purpose is to build up tribal communities and protect tribal lands in a substantial way that will insure a positive legacy for empowering youth and families through cultural identity and social action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,742,577$7,727,825▼ $14,752
Pledges and Grants Receivable$1,647,424$7,640,918▲ $5,993,494
Cash and Non-Interest-Bearing Accounts$3,017,571$6,221,945▲ $3,204,374
Inventories for Sale or Use$2,939,689$3,040,812▲ $101,123
Prepaid Expenses and Deferred Charges$58,770$81,426▲ $22,656
Intangible Assets-$42,160-
Accounts Receivable-$28,720-
Investments in Publicly Traded Securities-$2,620-
Total Assets$15,406,031$24,786,426▲ $9,380,395
Liabilities
Unsecured Notes Loans Payable$5,104,486$5,866,015▲ $761,529
Accounts Payable and Accrued Expenses$531,982$552,706▲ $20,724
Deferred Revenue$42,500--
Total Liabilities$5,678,968$6,418,721▲ $739,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,426,403$17,917,511▲ $8,491,108
Net Assets With Donor Restrictions$300,660$450,194▲ $149,534
Total Net Assets Fund Balance$9,727,063$18,367,705▲ $8,640,642
Total Liabilities and Net Assets / Fund Balance$15,406,031$24,786,426▲ $9,380,395

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,204,762$351,129$4,555,891
Leasehold Improvements$2,632,284$470,208$3,102,492
Equipment$359,111$302,007$661,118
Other Land Buildings$364,520-$364,520
Land$167,148-$167,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tatewin MeansExecutive DiFT$107,472$10,803$118,275
Patricia Brave HeartCFOFT$71,475$6,302$77,777
Harold ComptonSecretary-$1,604-$1,604
Genevieve Dement-osbornTreasurer-$1,400-$1,400
Gary PourierMember-$1,200-$1,200
Beau LebeauxPresident-$1,000-$1,000
Trenton Old HorseVice Preside-$1,000-$1,000
Bill MeansMember-$800-$800
Monica Rattling HawkMember-$600-$600

Highest Paid Contractors

ContractorServicesLocationCompensation
Guaranteed Roofing & GuttersConstruction2870 HAINES AVE STE 2, Rapid City, SD 57701$318,284
Dawes County Abstract & Title INCTitle Company321 BORDEAUX ST, Chadron, NE 69337$156,833
Barnhouse Keegan Solimon & West LLPLegal7424 4TH ST NW, Albuquerque, NM 87107$155,608
Revenue and Support

Revenue Composition

Contributions and Grants
$13,071,851
Program Service Revenue
$629,652
Investment Income
$11,552
Other Revenue
$335,073
All Other Contributions
$12,547,079
Change in Net Assets
$8,528,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,776,386
Other Expenses$2,600,981
Total Fundraising Expense$697,749
Grants and Similar Amounts Paid$142,362
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,372,413$290,684$390,506$2,053,603
Occupancy$157,086$337,737$28,799$523,622
Depreciation Depletion-$371,301-$371,301
Other Employee Benefits$178,993$64,473$50,931$294,397
Current Officers, Directors, Trustees, and Key Employees-$203,656-$203,656
Payroll Taxes$112,217$40,420$31,930$184,567
Insurance-$181,907-$181,907
Fees for Services Legal-$156,833-$156,833
Grants to Domestic Individuals$142,362--$142,362
Fees for Services Other$83,407-$56,425$139,832
Information Technology$6,388$99,751$16,707$122,846
Travel$75,018$12,262$2,885$90,165
Office Expenses$4,668$72,884$12,207$89,759
Advertising$10,642$10,725$60,500$81,867
Fees for Services Accounting-$64,231-$64,231
Conferences and Meetings-$7,830$39,911$47,741
Pension Plan Contributions$24,419$8,796$6,948$40,163
Other Expenses$9,712$7,788-$17,500
Interest$10,261$3,643-$13,904
Fees for Service Investment Mgmnt Fees-$9,934-$9,934
Total Functional Expenses$2,872,820$1,949,160$697,749$5,519,729
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tatewin means bill means executive di member family relationship gary pourier beau lebeaux member president family relationship

Form 990, Page 6, Part VI, Line 11B

990 is prepared by a third party cpa and reviewed by the executive director prior to submission to the organization's board of directors for review and approval.

Form 990, Page 6, Part VI, Line 12C

Each director, each corporate officer, the top management official, the top financial official, and each key employee of the organization, shall annually sign a statement which affirms such person received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and disclosures the person's financial interest and family relationships that could rise to conflicts of interest. The executive support manager shall be responsible for ensuring adherence to this provision. Employees are to notify the executive director of any conflicts of interest concerning tvcdc. When any conflict of interest involves an executive or board member the chair will be notified. Violation of policy may result in disciplinary action.

Form 990, Page 6, Part VI, Line 15A

The organization annually compares data for similar positions in comparable organizations. The board then deliberates and decides final amounts.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thunder Valley Community
EIN
20-8090454
Phone
6054552700
Address
PO BOX 290, PORCUPINE, SD 57772

Signing Officer

Name
Patricia Brave Heart
Title
CFO
Phone
6054552700
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Brave Heart
Formed
2007
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
68
Volunteers
22

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer
Jean Smith CPA
Phone
6053425630
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Thunder valley community development corporation's purpose is to build up tribal communities and protect tribal lands in a substantial way that will insure a positive legacy for empowering youth and families through cultural identity and social action.

Form 990, Page 12, Part XII, Line 3B

The audited financial statements were not available as of the date of form 990 filings. An audit is scheduled to be completed in december 2022. The return is filed based upon year end internal financial reports.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.0$1.65$19.3$4.74$6.40$1.66
2023Detailed filing. Detailed filing data is available for this year.$22.5$1.77$20.8$6.73$7.04$0.31
2022Detailed filing. Detailed filing data is available for this year.$26.0$4.98$21.1$10.7$5.83$4.88
2021Detailed filing. Detailed filing data is available for this year.$24.8$6.42$18.4$14.0$5.52$8.53
2020Detailed filing. Detailed filing data is available for this year.$15.4$5.68$9.73$5.69$4.76$0.93
2019Detailed filing. Detailed filing data is available for this year.$16.9$8.72$8.17$7.94$4.96$2.98
2018Detailed filing. Detailed filing data is available for this year.$13.2$8.04$5.19$7.30$5.94$1.37
2017Detailed filing. Detailed filing data is available for this year.$8.37$5.74$2.63$5.92$4.77$1.15
2016Detailed filing. Detailed filing data is available for this year.$5.32$3.84$1.48$3.84$3.37$0.47
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.30$2.08$3.45$2.07$1.38
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.14$0.70$1.15$0.98$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.08$0.53$0.69$0.54$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.02$0.38$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.02$0.20$0.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$0.46
Peer Organizations

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