Civic Intelligence

Downtown Sioux Falls Inc

990 • Fiscal year 2018 • EIN 36-3627217

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

230 S Phillips Ave 306Sioux Falls, SD 57104

(605) 338-4009

Siviq Scores

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

Liabilities / Assets

54th percentile

0.08x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

53rd percentile

0.12x

Higher debt load relative to revenue than 53% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$70,371

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

3.1%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Revenue Growth

37th percentile

-0.4%

Faster revenue growth than 37% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Assets

Up

$1,087,235

Up $94,902 (+9.6%) from 2015

Net Assets

Up

$995,201

Up $30,137 (+3.1%) from 2015

Liabilities

Up

$92,034

Up $64,765 (+238%) from 2015

Revenue

Down

$784,566

Down $9,570 (-1.2%) from 2015

Expenses

Up

$872,167

Up $223,692 (+34%) from 2015

Net Income

Down

-$87,601

Down $233,262 (-160%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $331,528Liabilities 2010: $27,130Net Assets 2010: $304,3982010Assets 2011: $305,970Liabilities 2011: $37,110Net Assets 2011: $268,8602011Assets 2012: $365,211Liabilities 2012: $17,326Net Assets 2012: $347,8852012Assets 2013: $784,947Liabilities 2013: $25,352Net Assets 2013: $759,5952013Assets 2014: $842,935Liabilities 2014: $23,532Net Assets 2014: $819,4032014Assets 2015: $992,333Liabilities 2015: $27,269Net Assets 2015: $965,0642015Assets 2018: $1,087,235Liabilities 2018: $92,034Net Assets 2018: $995,2012018Assets 2019: $1,158,239Liabilities 2019: $150,288Net Assets 2019: $1,007,9512019Assets 2020: $1,297,403Liabilities 2020: $267,814Net Assets 2020: $1,029,5892020Assets 2021: $1,313,562Liabilities 2021: $307,201Net Assets 2021: $1,006,3612021Assets 2022: $1,268,781Liabilities 2022: $313,490Net Assets 2022: $955,2912022Assets 2023: $1,449,666Liabilities 2023: $479,917Net Assets 2023: $969,7492023Assets 2024: $1,157,650Liabilities 2024: $382,193Net Assets 2024: $775,4572024

Highlighted filing

2018

Assets$1,087,235
Liabilities$92,034
Net Assets$995,201

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $634,9142010Expenses 2011: $671,9872011Expenses 2012: $564,2462012Revenue 2013: $987,599Expenses 2013: $575,888Net Income 2013: $411,7112013Revenue 2014: $718,334Expenses 2014: $658,526Net Income 2014: $59,8082014Revenue 2015: $794,136Expenses 2015: $648,475Net Income 2015: $145,6612015Revenue 2018: $784,566Expenses 2018: $872,167Net Income 2018: -$87,6012018Revenue 2019: $854,870Expenses 2019: $842,118Net Income 2019: $12,7522019Revenue 2020: $834,798Expenses 2020: $813,160Net Income 2020: $21,6382020Revenue 2021: $943,014Expenses 2021: $966,242Net Income 2021: -$23,2282021Revenue 2022: $909,771Expenses 2022: $960,841Net Income 2022: -$51,0702022Revenue 2023: $1,059,476Expenses 2023: $1,045,018Net Income 2023: $14,4582023Revenue 2024: $1,173,256Expenses 2024: $1,367,548Net Income 2024: -$194,2922024

Highlighted filing

2018

Revenue$784,566
Expenses$872,167
Net Income-$87,601
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$784,566
Mission and Program Overview

Mission

Downtown sioux falls' ("dtsf") mission is to upgrade & enhance the vitality of downtowm by providing excitement, activity, & a positive image within the community through promotions, design, economic development & public relations.

Dtsf's mission is to upgrade & enhance the vitality of downtown sioux falls, sd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$751,051$763,064▲ $12,013
Land, Buildings, and Equipment, Net$174,056$155,275▼ $18,781
Cash and Non-Interest-Bearing Accounts$53,238$102,628▲ $49,390
Accounts Receivable$110,574$51,098▼ $59,476
Prepaid Expenses and Deferred Charges$17,161$15,170▼ $1,991
Total Assets$1,106,080$1,087,235▼ $18,845
Liabilities
Accounts Payable and Accrued Expenses$25,052$52,376▲ $27,324
Deferred Revenue-$39,658-
Total Liabilities$25,052$92,034▲ $66,982
Net Assets / Fund Balance
Unrestricted Net Assets$1,081,028$995,201▼ $85,827
Total Net Assets Fund Balance$1,081,028$995,201▼ $85,827
Total Liabilities and Net Assets / Fund Balance$1,106,080$1,087,235▼ $18,845

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$155,275$143,579$298,854
Leasehold Improvements$0$14,671$14,671
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
T Joseph BatchellerExecutive DirectorFT$62,915$7,456$70,371

Board Members and Trustees

NameTitle
Kyle RaphChair (beg. 3/18)
Tiffany MillerCHAIR TO 3/18;PAST CHAIR BEG. 3/18
James KruegerPast Chair (until 3/18)
Terri SchuverVice Chair
Angela AvilaDirector
Anita WetschDirector
Chris HanmerDirector
Ken BashoreDirector
Mary DallyDirector
Nancy SavageDirector
Scott SchoenenDirector
Sheila HazardDirector
Vaney HaririDirector
Brenda BethkeDirector (beg. 3/18)
Jessie SchmidtSecretary
Derek OhmeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$195,467
Program Service Revenue
$586,723
Investment Income
$2,376
Other Revenue
$0
All Other Contributions
$2,955
Change in Net Assets
$-87,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$784,566
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$20,750
Total Revenue per Audited Statements
$805,316
Total Revenue per Form 990
$784,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$525,965
Salaries, Compensation, and Employee Benefits$335,382
Total Fundraising Expense$106,970
Grants and Similar Amounts Paid$10,820
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,787$41,492$45,415$210,694
Advertising$105,373$20,574$19,556$145,503
Office Expenses$95,146$5,556$6,104$106,806
Current Officers, Directors, Trustees, and Key Employees$52,778$10,556$7,037$70,371
Occupancy$28,711$6,245$6,861$41,817
Depreciation Depletion$22,901$6,883$7,562$37,346
Other Employee Benefits$10,862$14,703$4,498$30,063
Payroll Taxes$15,581$3,191$3,437$22,209
Fees for Services Accounting-$21,905-$21,905
Information Technology$12,649$3,802$4,177$20,628
Insurance$2,455$10,657$600$13,712
Grants to Domestic Orgs$10,820--$10,820
Other Expenses$3,033$909$421$4,363
Pension Plan Contributions$177$566$1,302$2,045
Fees for Services Legal-$1,097-$1,097
Total Functional Expenses$617,061$148,136$106,970$872,167

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$892,917
Expenses per Audited Statements$872,167
Total Expenses per Form 990$872,167
Expenses Not Reported on Form 990$20,750
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Girl Scouts - Dakota HorizonsSioux Falls, SD-General Support$7,275
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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, Part VI, Section A, Line 1

The executive committee shall consist of the president, vice-president, secretary, treasurer, immediate past president and may include an at-large memmber appointed by the president and chairs of the standing committees. The executive committee can act on behalf of the board in between meetings should the need arise.

Form 990, Part VI, Section A, Line 6

Membership in dtsf shall be available to any person or business which believes in & will promote the purposes and objectives of dtsf. Membership consists of three classes of members: 1) business memberships 2) residential memberships - open to individuals & families who live in the downtown sioux falls area. 3) business improvement district ("bid") members - businesses who are required to pay an assessed tax to the city of sioux falls for the property they own within the boundaries of the bid. This tax is mandatory. If the tax is not paid to the city of sioux falls within three months, it is then transferred to minnehaha county for collection through the property owner's property tax. As bid funds are received from the bid property owners, the city of sioux falls transfers the money to dtsf for use in conducting the bid board approved budgeted activities.

Form 990, Part VI, Section A, Line 7A

Each member shall be entitled to one vote per membership in the annual election of directors.

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

The president emails each director a draft of the irs 990 return prior to its filing, asking for their approval of the draft return.

Form 990, Part VI, Section B, Line 12C

Dtsf's conflict of interest policy covers board members, officers and committee members with governing board delegated powers. A request is made annually for board members to disclose any potential conflict of interest. The board implements the procedure for evaluating the issue or transaction involved. The board member, officer or committee members with the conflict must refrain from voting.

Form 990, Part VI, Section B, Line 15A

The executive committee performs an annual review of the president. Based on this review, the committee determines the president's compensation for the upcoming year and any bonus which may be deemed appropriate.

Form 990, Part VI, Section C, Line 19

Dtsf's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Downtown Sioux Falls Inc
EIN
36-3627217
Phone
6053384009
Address
230 S PHILLIPS AVE 306, SIOUX FALLS, SD 57104

Signing Officer

Name
T Joseph Batcheller
Title
Executive Director
Phone
6053384009
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
T Joseph Batcheller
Formed
1988
Legal Domicile
Sd
Voting Board Members
15
Independent Board Members
15
Employees
13
Volunteers
200

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH ST PO BOX 5125, SIOUX FALLS, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Dtsf is organized as a south dakota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(4). Dtsf is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, dtsf is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. Dtsf files an exempt organization business income tax return (form 990-t) with the irs to report its unrelated business income. Dtsf believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Dtsf would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR TO 3/18;PAST CHAIR BEG. 3/18
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST CHAIR (UNTIL 3/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (BEG. 3/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0192512
IRS990/GrantAmt010820
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt010820
IRS990/GrantsToDomesticOrgsGrp/TotalAmt010820
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0784566
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04177
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03802
IRS990/InformationTechnologyGrp/ProgramServicesAmt012649
IRS990/InformationTechnologyGrp/TotalAmt020628
IRS990/InsuranceGrp/FundraisingAmt0600
IRS990/InsuranceGrp/ManagementAndGeneralAmt010657
IRS990/InsuranceGrp/ProgramServicesAmt02455
IRS990/InsuranceGrp/TotalAmt013712
IRS990/InvestmentIncomeGrp/ExclusionAmt02376
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02376
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0158250
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0174056
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0155275
IRS990/LandBldgEquipCostOrOtherBssAmt0313525
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DOWNTOWN SIOUX FALLS' ("DTSF") MISSION IS TO UPGRADE & ENHANCE THE VITALITY OF DOWNTOWM BY PROVIDING EXCITEMENT, ACTIVITY, & A POSITIVE IMAGE WITHIN THE COMMUNITY THROUGH PROMOTIONS, DESIGN, ECONOMIC DEVELOPMENT & PUBLIC RELATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01081028
IRS990/NetAssetsOrFundBalancesEOYAmt0995201
IRS990/NetUnrelatedBusTxblIncmAmt04855
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06861
IRS990/OccupancyGrp/ManagementAndGeneralAmt06245
IRS990/OccupancyGrp/ProgramServicesAmt028711
IRS990/OccupancyGrp/TotalAmt041817
IRS990/OfficeExpensesGrp/FundraisingAmt06104
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05556
IRS990/OfficeExpensesGrp/ProgramServicesAmt095146
IRS990/OfficeExpensesGrp/TotalAmt0106806
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04498
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014703
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010862
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030063
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1ECONOMIC DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2GREEN TEAM EXPENSES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0421
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0909
IRS990/OtherExpensesGrp/ProgramServicesAmt086312
IRS990/OtherExpensesGrp/ProgramServicesAmt124863
IRS990/OtherExpensesGrp/ProgramServicesAmt221613
IRS990/OtherExpensesGrp/ProgramServicesAmt33033
IRS990/OtherExpensesGrp/TotalAmt086312
IRS990/OtherExpensesGrp/TotalAmt124863
IRS990/OtherExpensesGrp/TotalAmt221613
IRS990/OtherExpensesGrp/TotalAmt34363
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt045415
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041492
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0123787
IRS990/OtherSalariesAndWagesGrp/TotalAmt0210694
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03437
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03191
IRS990/PayrollTaxesGrp/ProgramServicesAmt015581
IRS990/PayrollTaxesGrp/TotalAmt022209
IRS990/PensionPlanContributionsGrp/FundraisingAmt01302
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0566
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0177
IRS990/PensionPlanContributionsGrp/TotalAmt02045
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017161
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015170
IRS990/PrincipalOfficerNm0T JOSEPH BATCHELLER
IRS990/PriorPeriodAdjustmentsAmt01774
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711310
IRS990/ProgramServiceRevenueGrp/BusinessCd1813410
IRS990/ProgramServiceRevenueGrp/BusinessCd2813410
IRS990/ProgramServiceRevenueGrp/BusinessCd3813410
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTIONAL EVENT/SPON
IRS990/ProgramServiceRevenueGrp/Desc1BID ASSESSMENT
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TROLLEY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0216578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1175648
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2128807
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt353526
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0216578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1175648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2128807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt353526
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0206266
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017826
IRS990/PYInvestmentIncomeAmt02119
IRS990/PYOtherExpensesAmt0435220
IRS990/PYOtherRevenueAmt04331
IRS990/PYProgramServiceRevenueAmt0494571
IRS990/PYRevenuesLessExpensesAmt0-67958
IRS990/PYSalariesCompEmpBnftPaidAmt0322199
IRS990/PYTotalExpensesAmt0775245
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0707287
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-87601
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0586723
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0751051
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0763064
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt020750
IRS990ScheduleD/DonatedServicesUseFcltsAmt020750
IRS990ScheduleD/EquipmentGrp/BookValueAmt0155275
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0143579
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0298854
IRS990ScheduleD/ExpensesNotReportedAmt020750
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0872167
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014671
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014671
IRS990ScheduleD/RevenueNotReportedAmt020750
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0784566
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DTSF IS ORGANIZED AS A SOUTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4). DTSF IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, DTSF IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. DTSF FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS INCOME. DTSF BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. DTSF WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0155275
IRS990ScheduleD/TotalExpensesPerForm990Amt0872167
IRS990ScheduleD/TotalRevenuePerForm990Amt0784566
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0805316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0892917
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07275
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GIRL SCOUTS - DAKOTA HORIZONS
IRS990ScheduleI/RecipientTable/RecipientEIN0460250744
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01101 S MARION RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SIOUX FALLS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057106
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GIRL SCOUTS - DAKOTA HORIZONS WAS CHOSEN TO BE THE BENEFICIARY OF "DOWNTOWN GIVES" DURING THE 2017 HOLIDAY SEASON. INVIDUALS PURCHASED COUPON BOOKS THROUGH DTSF AND THE PROCEEDS WERE DONATED TO THE GIRL SCOUTS IN EARLY 2018. DTSF DOES NOT REQUIRE SPECIFIC ACCOUNTING TO INDICATE HOW THE FUNDS WERE USED BY THE RECIPIENT NON-PROFIT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, VICE-PRESIDENT, SECRETARY, TREASURER, IMMEDIATE PAST PRESIDENT AND MAY INCLUDE AN AT-LARGE MEMMBER APPOINTED BY THE PRESIDENT AND CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE CAN ACT ON BEHALF OF THE BOARD IN BETWEEN MEETINGS SHOULD THE NEED ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IN DTSF SHALL BE AVAILABLE TO ANY PERSON OR BUSINESS WHICH BELIEVES IN & WILL PROMOTE THE PURPOSES AND OBJECTIVES OF DTSF. MEMBERSHIP CONSISTS OF THREE CLASSES OF MEMBERS: 1) BUSINESS MEMBERSHIPS 2) RESIDENTIAL MEMBERSHIPS - OPEN TO INDIVIDUALS & FAMILIES WHO LIVE IN THE DOWNTOWN SIOUX FALLS AREA. 3) BUSINESS IMPROVEMENT DISTRICT ("BID") MEMBERS - BUSINESSES WHO ARE REQUIRED TO PAY AN ASSESSED TAX TO THE CITY OF SIOUX FALLS FOR THE PROPERTY THEY OWN WITHIN THE BOUNDARIES OF THE BID. THIS TAX IS MANDATORY. IF THE TAX IS NOT PAID TO THE CITY OF SIOUX FALLS WITHIN THREE MONTHS, IT IS THEN TRANSFERRED TO MINNEHAHA COUNTY FOR COLLECTION THROUGH THE PROPERTY OWNER'S PROPERTY TAX. AS BID FUNDS ARE RECEIVED FROM THE BID PROPERTY OWNERS, THE CITY OF SIOUX FALLS TRANSFERS THE MONEY TO DTSF FOR USE IN CONDUCTING THE BID BOARD APPROVED BUDGETED ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER SHALL BE ENTITLED TO ONE VOTE PER MEMBERSHIP IN THE ANNUAL ELECTION OF DIRECTORS.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.38$0.78$1.17$1.37$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.48$0.97$1.06$1.05$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.31$0.96$0.91$0.96$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.31$1.01$0.94$0.97$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.27$1.03$0.83$0.81$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.15$1.01$0.85$0.84$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.09$1.00$0.78$0.87$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.97$0.79$0.65$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.82$0.72$0.66$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.03$0.76$0.99$0.58$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.03$0.30$0.63