Civic Intelligence

Milbank High School Educational Foundation

990 • Fiscal year 2019 • EIN 46-0391642

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

904 East 4th AvenueMilbank, SD 57252

(605) 432-9000

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

81st percentile

22%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

889%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,435,829

Up $440,609 (+22%) from 2018

Net Assets

Up

$2,435,829

Up $440,609 (+22%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$601,904

Up $541,063 (+889%) from 2018

Expenses

Up

$161,295

Up $22,789 (+16%) from 2018

Net Income

Up

$440,609

Up $518,274 (+667%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,543,845Liabilities 2011: $0Net Assets 2011: $1,543,8452011Assets 2012: $1,668,504Liabilities 2012: $0Net Assets 2012: $1,668,5042012Assets 2013: $1,765,447Liabilities 2013: $0Net Assets 2013: $1,765,4472013Assets 2014: $1,855,313Liabilities 2014: $0Net Assets 2014: $1,855,3132014Assets 2015: $1,751,425Liabilities 2015: $0Net Assets 2015: $1,751,4252015Assets 2016: $1,807,880Liabilities 2016: $0Net Assets 2016: $1,807,8802016Assets 2017: $2,072,885Liabilities 2017: $0Net Assets 2017: $2,072,8852017Assets 2018: $1,995,220Liabilities 2018: $0Net Assets 2018: $1,995,2202018Assets 2019: $2,435,829Liabilities 2019: $0Net Assets 2019: $2,435,8292019Assets 2020: $2,613,289Liabilities 2020: $0Net Assets 2020: $2,613,2892020Assets 2021: $3,040,383Liabilities 2021: $0Net Assets 2021: $3,040,3832021Assets 2022: $2,797,000Liabilities 2022: $0Net Assets 2022: $2,797,0002022Assets 2023: $3,583,679Liabilities 2023: $0Net Assets 2023: $3,583,6792023Assets 2024: $3,840,476Liabilities 2024: $156,650Net Assets 2024: $3,683,8262024

Highlighted filing

2019

Assets$2,435,829
Liabilities$0
Net Assets$2,435,829

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $61,931Expenses 2011: $105,757Net Income 2011: -$43,8262011Revenue 2012: $252,183Expenses 2012: $127,524Net Income 2012: $124,6592012Revenue 2013: $218,175Expenses 2013: $121,232Net Income 2013: $96,9432013Revenue 2014: $213,483Expenses 2014: $123,617Net Income 2014: $89,8662014Revenue 2015: $27,005Expenses 2015: $130,893Net Income 2015: -$103,8882015Revenue 2016: $181,749Expenses 2016: $125,294Net Income 2016: $56,4552016Revenue 2017: $412,688Expenses 2017: $147,683Net Income 2017: $265,0052017Revenue 2018: $60,841Expenses 2018: $138,506Net Income 2018: -$77,6652018Revenue 2019: $601,904Expenses 2019: $161,295Net Income 2019: $440,6092019Revenue 2020: $331,937Expenses 2020: $154,477Net Income 2020: $177,4602020Revenue 2021: $594,446Expenses 2021: $167,352Net Income 2021: $427,0942021Revenue 2022: -$85,105Expenses 2022: $158,278Net Income 2022: -$243,3832022Revenue 2023: $988,806Expenses 2023: $202,127Net Income 2023: $786,6792023Revenue 2024: $344,127Expenses 2024: $243,980Net Income 2024: $100,1472024

Highlighted filing

2019

Revenue$601,904
Expenses$161,295
Net Income$440,609
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.0
Gross Receipts
$818,387
Mission and Program Overview

Mission

The milbank high school educational foundation, inc. Aids, supports, advances, augments, & assists in the development of the milbank public schools by furthering, enchancing, and improving their welfare, services and properties

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,864,953$2,349,617▲ $484,664
Cash and Non-Interest-Bearing Accounts$130,267$86,212▼ $44,055
Total Assets$1,995,220$2,435,829▲ $440,609
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,995,220$2,435,829▲ $440,609
Total Net Assets Fund Balance$1,995,220$2,435,829▲ $440,609
Total Liabilities and Net Assets / Fund Balance$1,995,220$2,435,829▲ $440,609
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan LeddyPresident
Becky ScribnerDirector
Chad NelsonDirector
Nichole BurySecretary
Sue StengelTreasurer
Jeff JonesVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$209,425
Program Service Revenue
$0
Investment Income
$392,479
Other Revenue
$0
All Other Contributions
$209,425
Change in Net Assets
$440,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$146,000
Other Expenses$15,295
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$146,000--$146,000
Fees for Service Investment Mgmnt Fees$6,145--$6,145
Fees for Services Management$2,500--$2,500
Other Expenses$1,372--$1,372
Insurance$1,297--$1,297
Total Functional Expenses$161,295$0$0$161,295
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
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
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, Page 6, Part VI, Line 11B

Milbank high school educational foundation, inc. Board of directors were provided with a preliminary and tentative copy of the form 990 to review and approve prior to the filing of the actual form 990.

Form 990, Page 6, Part VI, Line 19

Milbank high school educational foundation, inc. Makes its govering documents, conflict of interest policy and financial statements available to the general public upon request by the individual or organization.

Filing and Contact Details

Filer

Filer Name
Milbank High School Educational
EIN
46-0391642
Phone
6054329000
Address
904 EAST 4TH AVENUE, MILBANK, SD 57252

Signing Officer

Name
Susan Leddy
Title
President
Phone
6054329000
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Leddy
Formed
1989
Legal Domicile
Sd
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
6

Preparer

Firm
Premier Tax Service Inc
Address
320 S MAIN ST, MILBANK, SD 57252
Preparer
Kirby Hins
Phone
6054326446
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The milbank high school educational foundation, inc. Aids, supports, advances, augments, & assists in the development of the milbank public schools by furthering, enchancing, and improving their welfare, services and properties

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MILBANK HIGH SCHOOL EDUCATIONAL FOUNDATION, INC. AIDS, SUPPORTS, ADVANCES, AUGMENTS, & ASSISTS IN THE DEVELOPMENT OF THE MILBANK PUBLIC SCHOOLS BY FURTHERING, ENCHANCING, AND IMPROVING THEIR WELFARE, SERVICES AND PROPERTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MILBANK HIGH SCHOOL EDUCATIONAL FOUNDATION, INC. BOARD OF DIRECTORS WERE PROVIDED WITH A PRELIMINARY AND TENTATIVE COPY OF THE FORM 990 TO REVIEW AND APPROVE PRIOR TO THE FILING OF THE ACTUAL FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MILBANK HIGH SCHOOL EDUCATIONAL FOUNDATION, INC. MAKES ITS GOVERING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST BY THE INDIVIDUAL OR ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014368 SD HWY 15
IRS990/USAddress/CityNm0MILBANK
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057252
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN LEDDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06054329000
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILBANK HIGH SCHOOL EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MILB
ReturnHeader/Filer/EIN0460391642
ReturnHeader/Filer/PhoneNum06054329000
ReturnHeader/Filer/USAddress/AddressLine1Txt0904 EAST 4TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0MILBANK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057252
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A5F0722B2E1EE60B7359FC3108F559BC9498E2AF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06DCC082EC01AE6859996449539B2FD5F800AB0C7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02020-05-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:38:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274012341
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PREMIER TAX SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILBANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057252
ReturnHeader/PreparerPersonGrp/PhoneNum06054326446
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIRBY HINS
ReturnHeader/ReturnTs02020-05-18T08:38:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.16$3.68$0.34$0.24$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.00$3.58$0.99$0.20$0.79
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.00$2.80$0.09$0.16$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.00$3.04$0.59$0.17$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.00$2.61$0.33$0.15$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.60$0.16$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$2.00$0.06$0.14$0.08
2017Summary only. Only limited summary data is available for this year.$2.07$0.00$2.07$0.41$0.15$0.27
2016Summary only. Only limited summary data is available for this year.$1.81$0.00$1.81$0.18$0.13$0.06
2015Summary only. Only limited summary data is available for this year.$1.75$0.00$1.75$0.03$0.13$0.10
2014Summary only. Only limited summary data is available for this year.$1.86$0.00$1.86$0.21$0.12$0.09
2013Summary only. Only limited summary data is available for this year.$1.77$0.00$1.77$0.22$0.12$0.10
2012Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$0.25$0.13$0.12
2011Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$0.06$0.11$0.04