Civic Intelligence

Black Hills State University Foundation

990 • Fiscal year 2017 • EIN 23-7428348

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

1200 University Street No 9506Spearfish, SD 57799

(605) 642-6220

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.14x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

1.11x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$180,108

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

21%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$24,815,006

Up $3,192,589 (+15%) from 2016

Net Assets

Up

$21,283,175

Up $2,915,138 (+16%) from 2016

Liabilities

Up

$3,531,831

Up $277,451 (+8.5%) from 2016

Revenue

Up

$3,170,316

Up $544,402 (+21%) from 2016

Expenses

Down

$1,716,502

Down $570,725 (-25%) from 2016

Net Income

Up

$1,453,814

Up $1,115,127 (+329%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $13,358,646Liabilities 2010: $1,293,632Net Assets 2010: $12,065,0142010Assets 2011: $14,529,802Liabilities 2011: $1,339,625Net Assets 2011: $13,190,1772011Assets 2012: $15,997,915Liabilities 2012: $1,480,358Net Assets 2012: $14,517,5572012Assets 2013: $18,220,125Liabilities 2013: $1,835,208Net Assets 2013: $16,384,9172013Assets 2014: $20,359,698Liabilities 2014: $2,875,970Net Assets 2014: $17,483,7282014Assets 2015: $21,402,369Liabilities 2015: $3,458,548Net Assets 2015: $17,943,8212015Assets 2016: $21,622,417Liabilities 2016: $3,254,380Net Assets 2016: $18,368,0372016Assets 2017: $24,815,006Liabilities 2017: $3,531,831Net Assets 2017: $21,283,1752017Assets 2018: $23,088,535Liabilities 2018: $3,232,419Net Assets 2018: $19,856,1162018Assets 2019: $25,608,815Liabilities 2019: $3,096,681Net Assets 2019: $22,512,1342019Assets 2020: $29,512,903Liabilities 2020: $3,221,123Net Assets 2020: $26,291,7802020Assets 2021: $34,958,605Liabilities 2021: $4,862,635Net Assets 2021: $30,095,9702021Assets 2022: $32,932,668Liabilities 2022: $4,498,101Net Assets 2022: $28,434,5672022Assets 2023: $40,784,303Liabilities 2023: $7,638,749Net Assets 2023: $33,145,5542023Assets 2024: $50,669,219Liabilities 2024: $805,525Net Assets 2024: $49,863,6942024

Highlighted filing

2017

Assets$24,815,006
Liabilities$3,531,831
Net Assets$21,283,175

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $1,085,2632010Expenses 2011: $1,265,6312011Expenses 2012: $1,255,3442012Revenue 2013: $1,841,163Expenses 2013: $1,433,631Net Income 2013: $407,5322013Revenue 2014: $2,063,369Expenses 2014: $1,625,558Net Income 2014: $437,8112014Revenue 2015: $4,235,332Expenses 2015: $3,347,637Net Income 2015: $887,6952015Revenue 2016: $2,625,914Expenses 2016: $2,287,227Net Income 2016: $338,6872016Revenue 2017: $3,170,316Expenses 2017: $1,716,502Net Income 2017: $1,453,8142017Revenue 2018: $1,679,580Expenses 2018: $1,859,554Net Income 2018: -$179,9742018Revenue 2019: $2,103,249Expenses 2019: $1,947,318Net Income 2019: $155,9312019Revenue 2020: $3,926,287Expenses 2020: $1,908,237Net Income 2020: $2,018,0502020Revenue 2021: $3,440,272Expenses 2021: $1,841,165Net Income 2021: $1,599,1072021Revenue 2022: $4,334,811Expenses 2022: $2,003,963Net Income 2022: $2,330,8482022Revenue 2023: $5,184,228Expenses 2023: $2,919,561Net Income 2023: $2,264,6672023Revenue 2024: $19,930,124Expenses 2024: $5,269,000Net Income 2024: $14,661,1242024

Highlighted filing

2017

Revenue$3,170,316
Expenses$1,716,502
Net Income$1,453,814
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$3,170,930
Mission and Program Overview

Mission

To provide private gift support for bhsu. The foundation's purpose is to communiciate this to alumni, parents, friends, corporations, and foundations to obtain awarenes, understanding, acceptance, and support. The foundation also addresses both the short-term operating and long-term capital and endowment needs of bhsu.

To provide private gift support for bhsu. The foundation's purpose is to communicate this to alumni, parents, friends, corporations, and foundations to obtain awareness, understanding, acceptance, and support. The foundation also addresses both the short-term operating and long-term capital and endowment needs of bhsu.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,295,030$18,477,574▲ $2,182,544
Land, Buildings, and Equipment, Net$3,060,782$2,989,159▼ $71,623
Savings and Temporary Cash Investments$588,658$927,542▲ $338,884
Cash and Non-Interest-Bearing Accounts$103,033$867,689▲ $764,656
Pledges and Grants Receivable$262,921$132,665▼ $130,256
Other Notes and Loans Receivable, Net$23,266$11,839▼ $11,427
Prepaid Expenses and Deferred Charges$6,187$6,607▲ $420
Total Assets$21,622,417$24,815,006▲ $3,192,589
Other Assets Total$1,282,540$1,401,931▲ $119,391
Liabilities
Other Liabilities$2,551,113$2,769,963▲ $218,850
Mortgage Notes Payable Secured by Investment Property$630,438$618,893▼ $11,545
Accounts Payable and Accrued Expenses$28,563$110,136▲ $81,573
Deferred Revenue$21,000$21,000→ $0
Unsecured Notes Loans Payable$23,266$11,839▼ $11,427
Total Liabilities$3,254,380$3,531,831▲ $277,451
Net Assets / Fund Balance
Permanently Rstr Net Assets$11,289,881$12,305,996▲ $1,016,115
Temporarily Rstr Net Assets$6,735,236$7,526,272▲ $791,036
Unrestricted Net Assets$342,920$1,450,907▲ $1,107,987
Total Net Assets Fund Balance$18,368,037$21,283,175▲ $2,915,138
Total Liabilities and Net Assets / Fund Balance$21,622,417$24,815,006▲ $3,192,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,433,361$195,895$2,629,256
Land$507,446-$507,446
Equipment$48,352$211,708$260,060
Other Assets Org$44,895--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$14,188,373$1,044,692▲ $1,778,799-$16,154,800
2016$13,494,779$345,291▲ $1,076,569$11,590$14,188,373
2015$12,876,773$1,335,501▼ $130,981-$13,494,779
2014$12,056,672$474,937▲ $949,243-$12,876,773
2013$11,317,247$176,451▲ $1,561,655-$12,056,672
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kathy JohnsonBoard Member / VP of Finance & Administration$165,733$165,733

Board Members and Trustees

NameTitle
Harvey KrautschunBoard President
Daryl JohnsonBoard Vice President
Steve MeekerExecutive Vice President
Beth BenningBoard Member
Bob AlbertBoard Member
Bruce ByrumBoard Member
Charles V Sederstrom JrBoard Member
Craig KattBoard Member
Gary JohnsonBoard Member
Jim MoravecBoard Member
John JohnsonBoard Member
Joscelyn BlumenthalBoard Member
Judy DrydenBoard Member
Les LindskovBoard Member
Marla BarnardBoard Member
Priscilla DressenBoard Member
Richard P TieszenBoard Member
Roger RistyBoard Member
Ron MeekerBoard Member
Sandra AddyBoard Member
Tamara BurkeBoard Member
Vincent GravelleBoard Member
Wayne MundtBoard Member
Kathy JohnsonBoard Member / VP of Finance & Admin
Damian EderhoffBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,708,693
Program Service Revenue
$39,168
Investment Income
$368,959
Other Revenue
$53,496
All Other Contributions
$2,522,836
Change in Net Assets
$1,453,814

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$50,280Fair Market Value
Total Noncash Contributions2$50,280-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,170,930
Revenue Not Reported on Financial Statements
$-614
Revenue Not Reported on Form 990
$1,461,324
Other Revenue Adjustments
$-614
Total Revenue per Audited Statements
$4,632,254
Total Revenue per Form 990
$3,170,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,073,517
Other Expenses$554,911
Total Fundraising Expense$186,195
Salaries, Compensation, and Employee Benefits$88,074
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$860,521--$860,521
Grants to Domestic Orgs$212,996--$212,996
Other Salaries and Wages-$2,958$85,116$88,074
Fees for Services Other$45,573$2,496$36,246$84,315
Depreciation Depletion$55,640$25,526-$81,166
Office Expenses$56,964$8,008$7,832$72,804
Travel$27,736$4,231$12,718$44,685
Interest$35,276--$35,276
All Other Expenses$20,333$13,317-$33,650
Fees for Services Accounting-$20,161-$20,161
Other Expenses$5,736$9,425$259$15,161
Advertising$5,076$343$5,000$10,419
Insurance-$10,196-$10,196
Occupancy$2,984$2,042-$5,026
Total Functional Expenses$1,417,396$112,911$186,195$1,716,502

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,717,116
Expenses per Audited Statements$1,716,502
Total Expenses per Form 990$1,716,502
Expenses Not Reported on Form 990$614
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Black Hills State UniversitySpearfish, SDN/aSupport for University Management and Special Projects.$212,996
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Held for Others$2,472,109
Annuity Liability$297,854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

A board member and the executive vice president of the foundation are brothers.

Form 990, Part VI, Section B, Line 11B

The executive vice president, treasurer, and staff accountant review the tax return in detail and suggest changes to the preparer. The 990 is reviewed by the board of directors after it has been filed with the irs.

Form 990, Part VI, Section B, Line 12

The board does not have a formal conflict of interest policy; however, the board is not involved in the awarding of scholarships to students, therefore there is no potential for self interest.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Black Hills State University Foundation
EIN
23-7428348
Phone
6056426220
Address
1200 UNIVERSITY STREET NO 9506, SPEARFISH, SD 57799

Signing Officer

Name
Steve Meeker
Title
Executive Vice President
Phone
6056426220
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Meeker
Formed
1975
Legal Domicile
Sd
Voting Board Members
24
Independent Board Members
22
Employees
3
Volunteers
24

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST SUITE 101, RAPID CITY, SD 57701
Preparer
Deidre Budahl CPA
Phone
6053481930
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Fees included in gains/losses on investments -79,090. Increase in cash surrender value of life insurance 83,113.

990, Part XII, Line 2C

The board is responsible for the selection and oversight of a third party accountant to perform the audit. This process has not changed from the prior year.

Financial Statement Notes

PART III, LINE 4:

The organization's collections consist of historical items and bhsu memoribilia. The collection items are on display at the bhsu library.

PART V, LINE 4:

The organization's endowment funds are held to generate investment income to be used to support the students, faculty, and alumni of black hills state university.

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization is not liable for income taxes if it operates within the confines of its exempt status. However, the organization may be responsible for taxes on unrelated business activities. In the event of an examination of the income tax returns, the tax liability of the organization could be changed if taxing authorities make adjustments to the tax exempt purpose of the organization or if taxing authorities determine activities are subject to unrelated business income. As of december 31, 2017, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Increase in cash surrender value life insurance 83,113. Fees included in gains/losses on investments -79,090.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental expenses netted against revenue -614.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted against revenue 614.

Raw XML AppendixShowing 400 of 779 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENESS, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU.
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IRS990/Form990PartVIISectionAGrp/PersonNm0HARVEY KRAUTSCHUN
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IRS990/Form990PartVIISectionAGrp/PersonNm4ROGER RISTY
IRS990/Form990PartVIISectionAGrp/PersonNm5BETH BENNING
IRS990/Form990PartVIISectionAGrp/PersonNm6BOB ALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm7JUDY DRYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9MARLA BARNARD
IRS990/Form990PartVIISectionAGrp/PersonNm10CHARLES V SEDERSTROM JR
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD P TIESZEN
IRS990/Form990PartVIISectionAGrp/PersonNm12JOSCELYN BLUMENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm13LES LINDSKOV
IRS990/Form990PartVIISectionAGrp/PersonNm14WAYNE MUNDT
IRS990/Form990PartVIISectionAGrp/PersonNm15TAMARA BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM MORAVEC
IRS990/Form990PartVIISectionAGrp/PersonNm17BRUCE BYRUM
IRS990/Form990PartVIISectionAGrp/PersonNm18CRAIG KATT
IRS990/Form990PartVIISectionAGrp/PersonNm19SANDRA ADDY
IRS990/Form990PartVIISectionAGrp/PersonNm20PRISCILLA DRESSEN
IRS990/Form990PartVIISectionAGrp/PersonNm21VINCENT GRAVELLE
IRS990/Form990PartVIISectionAGrp/PersonNm22JOHN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm23STEVE MEEKER
IRS990/Form990PartVIISectionAGrp/PersonNm24KATHY JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23150076
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt24137513
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER / VP OF FINANCE & ADMINISTRATION
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GovernmentGrantsAmt0185857
IRS990/GrantAmt0860521
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0860521
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0860521
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0212996
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0212996
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03170930
IRS990/GrossRentsGrp/RealAmt054110
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010196
IRS990/InsuranceGrp/TotalAmt010196
IRS990/InterestGrp/ProgramServicesAmt035276
IRS990/InterestGrp/TotalAmt035276
IRS990/InvestmentIncomeGrp/ExclusionAmt0368959
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0368959
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016295030
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018477574
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0407603
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03060782
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02989159
IRS990/LandBldgEquipCostOrOtherBssAmt03396762
IRS990/LegalDomicileStateCd0SD
IRS990/LessRentalExpensesGrp/RealAmt0614
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENESS, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0630438
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0618893
IRS990/NetAssetsOrFundBalancesBOYAmt018368037
IRS990/NetAssetsOrFundBalancesEOYAmt021283175
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt028006
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt053496
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt025490
IRS990/NetUnrelatedBusTxblIncmAmt016405
IRS990/NetUnrlzdGainsLossesInvstAmt01457301
IRS990/NoncashContributionsAmt050280
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02042
IRS990/OccupancyGrp/ProgramServicesAmt02984
IRS990/OccupancyGrp/TotalAmt05026
IRS990/OfficeExpensesGrp/FundraisingAmt07832
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08008
IRS990/OfficeExpensesGrp/ProgramServicesAmt056964
IRS990/OfficeExpensesGrp/TotalAmt072804
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01282540
IRS990/OtherAssetsTotalGrp/EOYAmt01401931
IRS990/OtherChangesInNetAssetsAmt04023
IRS990/OtherExpensesGrp/Desc0MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc1SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt039024
IRS990/OtherExpensesGrp/FundraisingAmt1259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12753
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28197
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt39425
IRS990/OtherExpensesGrp/ProgramServicesAmt051375
IRS990/OtherExpensesGrp/ProgramServicesAmt123496
IRS990/OtherExpensesGrp/ProgramServicesAmt213690
IRS990/OtherExpensesGrp/ProgramServicesAmt35736
IRS990/OtherExpensesGrp/TotalAmt093657
IRS990/OtherExpensesGrp/TotalAmt126249
IRS990/OtherExpensesGrp/TotalAmt222146
IRS990/OtherExpensesGrp/TotalAmt315161
IRS990/OtherLiabilitiesGrp/BOYAmt02551113
IRS990/OtherLiabilitiesGrp/EOYAmt02769963
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt085116
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02958
IRS990/OtherSalariesAndWagesGrp/TotalAmt088074
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt023266
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011839
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt011289881
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt012305996
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0262921
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0132665
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06187
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06607
IRS990/PrincipalOfficerNm0STEVE MEEKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0YJ MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1EMERGENCY LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038667
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1501
IRS990/ProgSrvcAccomActy2Grp/Desc0INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO BLACK HILLS STATE UNIVERSITY
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0460103
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0212996
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt067174
IRS990/ProgSrvcAccomActy3Grp/Desc0DEVELOP AND MAINTAIN RELATIONSHIPS WITH ALUMNI OF BHSU.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt052921
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO SUPPORT THE FACULTY OF BHSU.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt043851
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01535467
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0959331
IRS990/PYInvestmentIncomeAmt0999239
IRS990/PYOtherExpensesAmt01242877

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$50.7$0.81$49.9$19.9$5.27$14.7
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.8$7.64$33.1$5.18$2.92$2.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$4.50$28.4$4.33$2.00$2.33
2021Detailed filing. Detailed filing data is available for this year.$35.0$4.86$30.1$3.44$1.84$1.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.5$3.22$26.3$3.93$1.91$2.02
2019Detailed filing. Detailed filing data is available for this year.$25.6$3.10$22.5$2.10$1.95$0.16
2018Detailed filing. Detailed filing data is available for this year.$23.1$3.23$19.9$1.68$1.86$0.18
2017Detailed filing. Detailed filing data is available for this year.$24.8$3.53$21.3$3.17$1.72$1.45
2016Detailed filing. Detailed filing data is available for this year.$21.6$3.25$18.4$2.63$2.29$0.34
2015Detailed filing. Detailed filing data is available for this year.$21.4$3.46$17.9$4.24$3.35$0.89
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$2.88$17.5$2.06$1.63$0.44
2013Detailed filing. Detailed filing data is available for this year.$18.2$1.84$16.4$1.84$1.43$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$1.48$14.5$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$1.34$13.2$1.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$1.29$12.1$1.09