Civic Intelligence

Sesdac Inc.

990 • Fiscal year 2024 • EIN 46-0319590

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 27, 2024

1314 E Cherry StVermillion, SD 57069

(605) 624-4419

Siviq Scores

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

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.19x

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

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

26%

Faster revenue growth than 73% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,988,833

Up $1,417,238 (+19%) from 2023

Net Assets

Up

$7,584,483

Up $1,444,073 (+24%) from 2023

Liabilities

Down

$1,404,350

Down $26,835 (-1.9%) from 2023

Revenue

Up

$7,564,945

Up $1,582,457 (+26%) from 2023

Expenses

Up

$6,120,871

Up $379,713 (+6.6%) from 2023

Net Income

Up

$1,444,074

Up $1,202,744 (+498%) from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,282,014Liabilities 2011: $1,771,520Net Assets 2011: $1,510,4942011Assets 2012: $3,305,318Liabilities 2012: $1,718,733Net Assets 2012: $1,586,5852012Assets 2013: $3,427,660Liabilities 2013: $1,720,554Net Assets 2013: $1,707,1062013Assets 2014: $3,509,402Liabilities 2014: $1,718,348Net Assets 2014: $1,791,0542014Assets 2015: $3,533,284Liabilities 2015: $1,699,234Net Assets 2015: $1,834,0502015Assets 2016: $3,668,278Liabilities 2016: $1,713,854Net Assets 2016: $1,954,4242016Assets 2017: $3,479,897Liabilities 2017: $1,600,676Net Assets 2017: $1,879,2212017Assets 2018: $3,546,185Liabilities 2018: $1,560,317Net Assets 2018: $1,985,8682018Assets 2019: $3,541,287Liabilities 2019: $1,521,724Net Assets 2019: $2,019,5632019Assets 2020: $4,449,529Liabilities 2020: $2,279,862Net Assets 2020: $2,169,6672020Assets 2021: $6,043,477Liabilities 2021: $1,866,403Net Assets 2021: $4,177,0742021Assets 2022: $7,440,151Liabilities 2022: $1,541,071Net Assets 2022: $5,899,0802022Assets 2023: $7,571,595Liabilities 2023: $1,431,185Net Assets 2023: $6,140,4102023Assets 2024: $8,988,833Liabilities 2024: $1,404,350Net Assets 2024: $7,584,4832024Assets 2025: $9,389,604Liabilities 2025: $1,079,513Net Assets 2025: $8,310,0912025

Highlighted filing

2024

Assets$8,988,833
Liabilities$1,404,350
Net Assets$7,584,483

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,277,0662011Expenses 2012: $4,509,1562012Expenses 2013: $4,650,4142013Revenue 2014: $5,037,847Expenses 2014: $4,953,899Net Income 2014: $83,9482014Revenue 2015: $5,378,160Expenses 2015: $5,335,164Net Income 2015: $42,9962015Revenue 2016: $5,483,972Expenses 2016: $5,363,598Net Income 2016: $120,3742016Revenue 2017: $5,523,657Expenses 2017: $5,598,860Net Income 2017: -$75,2032017Revenue 2018: $5,650,581Expenses 2018: $5,543,934Net Income 2018: $106,6472018Revenue 2019: $5,495,348Expenses 2019: $5,461,653Net Income 2019: $33,6952019Revenue 2020: $5,486,314Expenses 2020: $5,336,210Net Income 2020: $150,1042020Revenue 2021: $7,304,116Expenses 2021: $5,296,709Net Income 2021: $2,007,4072021Revenue 2022: $7,313,000Expenses 2022: $5,590,994Net Income 2022: $1,722,0062022Revenue 2023: $5,982,488Expenses 2023: $5,741,158Net Income 2023: $241,3302023Revenue 2024: $7,564,945Expenses 2024: $6,120,871Net Income 2024: $1,444,0742024Revenue 2025: $7,316,643Expenses 2025: $6,591,035Net Income 2025: $725,6082025

Highlighted filing

2024

Revenue$7,564,945
Expenses$6,120,871
Net Income$1,444,074
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 27, 2024
Return Version
2023v5.1
Gross Receipts
$7,564,945
Mission and Program Overview

Mission

Programs benefiting the developmentally disabled for self-sufficiency and independent living

Organizations mission or most significant activities to enable the developmentally disabled to attain self-sufficiency in the community they live in by providing case management nursing daytime supports supported employment and integrated and segregated residential services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,713,147$3,518,363▼ $1,194,784
Savings and Temporary Cash Investments$303,092$2,365,205▲ $2,062,113
Land, Buildings, and Equipment, Net$1,639,357$2,165,284▲ $525,927
Accounts Receivable$661,869$713,448▲ $51,579
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$7,571,595$8,988,833▲ $1,417,238
Other Assets Total$254,130$226,533▼ $27,597
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,074,628$1,043,760▼ $30,868
Accounts Payable and Accrued Expenses$356,558$360,590▲ $4,032
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,431,186$1,404,350▼ $26,836
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,886,279$7,357,950▲ $1,471,671
Net Assets With Donor Restrictions$254,130$226,533▼ $27,597
Total Net Assets Fund Balance$6,140,409$7,584,483▲ $1,444,074
Total Liabilities and Net Assets / Fund Balance$7,571,595$8,988,833▲ $1,417,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,287,678$2,214,595-
Other Land Buildings$255,713$250,406-
Land$601,238--
Equipment$20,655$93,062-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$379,356
Program Service Revenue
$7,031,155
Investment Income
$150,434
Other Revenue
$4,000
All Other Contributions
$23,928
Change in Net Assets
$1,444,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,564,945
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,564,945
Total Revenue per Form 990
$7,564,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,588,928
Other Expenses$1,531,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,249,668$507,574$0$3,757,242
Other Employee Benefits$446,687$17,776$0$464,463
Payroll Taxes$287,889$39,605$0$327,494
All Other Expenses$147,577$115,389$0$262,966
Depreciation Depletion$216,339$26,980$0$243,319
Fees for Services Other$199,079$4,481$0$203,560
Other Expenses$111,007$9,222$0$120,229
Travel$103,668$2,182$0$105,850
Insurance$66,232$9,045$0$75,277
Pension Plan Contributions$29,693$10,036$0$39,729
Fees for Services Accounting$32,728$6,509$0$39,237
Information Technology$31,445$713$0$32,158
Office Expenses$19,234$2,960$0$22,194
Interest$13,436$1,411$0$14,847
Advertising$10,056$4,496$0$14,552
Conferences and Meetings$9,116$4,431$0$13,547
Fees for Services Legal$2,941$9,379$0$12,320
Total Functional Expenses$5,341,849$779,022$0$6,120,871

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,120,871
Total Expenses per Audited Statements$6,120,871
Total Expenses per Form 990$6,120,871
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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

Part VI, Line 11B

A copy of the form 990 is provided to all board members for review and approval before the return is filed with the IRS

Part VI, Line 12C

The conflicts of interest policy statement has to be filed by the board members annually.

Part VI, Line 15

The Executive Director compensation is decided by the board annually and based upon job evaluations and market conditions.

Part VI, Line 19

Board policies conflict of interest policies and the financial statements are made available to the public upon request

Part VI Line 11

| Explanation:| Organizations process to review form 990: A copy of the form is provided to all board members for review and approval before the return is filed with the IRS.

Filing and Contact Details

Filer

Filer Name
Sesdac Inc
EIN
46-0319590
In Care Of
% Ionela Georgescu
Phone
6056244419
Address
1314 E Cherry St, Vermillion, SD 57069

Signing Officer

Name
Ionela Georgescu
Title
Executive Director
Signed
2024-11-27

Organization Details

Principal Officer
Ionela Georgescu
Formed
1975
Legal Domicile
Sd
Voting Board Members
12
Independent Board Members
12
Employees
175
Volunteers
0
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Member
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IRS990/FormationYr01975
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IRS990/FundraisingGrossIncomeAmt00
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IRS990/GainOrLossGrp/SecuritiesAmt00
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IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0355428
IRS990/GrantAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossReceiptsAmt07564945
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IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
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IRS990/InformationTechnologyGrp/TotalAmt032158
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IRS990/InsuranceGrp/ProgramServicesAmt066232
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02960
IRS990/OfficeExpensesGrp/ProgramServicesAmt019234
IRS990/OfficeExpensesGrp/TotalAmt022194
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0226533
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0446687
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0464463
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Repair & Maintenance
IRS990/OtherExpensesGrp/Desc2Assistance to families/personal needs
IRS990/OtherExpensesGrp/Desc3Small equipment
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02026
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14807
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt39222
IRS990/OtherExpensesGrp/ProgramServicesAmt069664
IRS990/OtherExpensesGrp/ProgramServicesAmt1131224
IRS990/OtherExpensesGrp/ProgramServicesAmt2164166
IRS990/OtherExpensesGrp/ProgramServicesAmt3111007
IRS990/OtherExpensesGrp/TotalAmt071690
IRS990/OtherExpensesGrp/TotalAmt1136031
IRS990/OtherExpensesGrp/TotalAmt2164166
IRS990/OtherExpensesGrp/TotalAmt3120229
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.39$1.08$8.31$7.32$6.59$0.73
2024Detailed filing. Detailed filing data is available for this year.$8.99$1.40$7.58$7.56$6.12$1.44
2023Detailed filing. Detailed filing data is available for this year.$7.57$1.43$6.14$5.98$5.74$0.24
2022Detailed filing. Detailed filing data is available for this year.$7.44$1.54$5.90$7.31$5.59$1.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$1.87$4.18$7.30$5.30$2.01
2020Detailed filing. Detailed filing data is available for this year.$4.45$2.28$2.17$5.49$5.34$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.54$1.52$2.02$5.50$5.46$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.55$1.56$1.99$5.65$5.54$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.48$1.60$1.88$5.52$5.60$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.67$1.71$1.95$5.48$5.36$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.53$1.70$1.83$5.38$5.34$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.51$1.72$1.79$5.04$4.95$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$1.72$1.71$4.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$1.72$1.59$4.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$1.77$1.51$4.28