Civic Intelligence

South Central Development Corporation

990 • Fiscal year 2020 • EIN 46-0397166

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 06, 2021

PO Box 624Winner, SD 57580

(605) 842-1533

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

0.00x

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

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

38th percentile

1.5%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-15%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$894,628

Up $13,213 (+1.5%) from 2019

Net Assets

Up

$894,628

Up $13,213 (+1.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$62,101

Down $11,324 (-15%) from 2019

Expenses

Down

$49,321

Down $5,874 (-11%) from 2019

Net Income

Down

$12,780

Down $5,450 (-30%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $581,126Liabilities 2011: $7,972Net Assets 2011: $573,1542011Assets 2012: $601,807Liabilities 2012: $3,067Net Assets 2012: $598,7402012Assets 2013: $838,573Liabilities 2013: $2,839Net Assets 2013: $835,7342013Assets 2014: $789,705Liabilities 2014: $2,836Net Assets 2014: $786,8692014Assets 2015: $754,153Liabilities 2015: $1,042Net Assets 2015: $753,1112015Assets 2016: $790,110Liabilities 2016: $694Net Assets 2016: $789,4162016Assets 2017: $826,005Liabilities 2017: $689Net Assets 2017: $825,3162017Assets 2018: $864,049Liabilities 2018: $639Net Assets 2018: $863,4102018Assets 2019: $881,415Liabilities 2019: $0Net Assets 2019: $881,4152019Assets 2020: $894,628Liabilities 2020: $0Net Assets 2020: $894,6282020Assets 2021: $929,017Liabilities 2021: $0Net Assets 2021: $929,0172021Assets 2022: $910,867Liabilities 2022: $0Net Assets 2022: $910,8672022Assets 2023: $901,975Liabilities 2023: $0Net Assets 2023: $901,9752023Assets 2024: $966,591Liabilities 2024: $6,873Net Assets 2024: $959,7182024Assets 2025: $979,070Liabilities 2025: $7,426Net Assets 2025: $971,6442025

Highlighted filing

2020

Assets$894,628
Liabilities$0
Net Assets$894,628

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $144,468Expenses 2011: $86,228Net Income 2011: $58,2402011Revenue 2012: $59,398Expenses 2012: $34,997Net Income 2012: $24,4012012Revenue 2013: $337,809Expenses 2013: $105,715Net Income 2013: $232,0942013Revenue 2014: $22,086Expenses 2014: $70,925Net Income 2014: -$48,8392014Revenue 2015: $21,006Expenses 2015: $54,764Net Income 2015: -$33,7582015Revenue 2016: $67,168Expenses 2016: $30,863Net Income 2016: $36,3052016Revenue 2017: $72,378Expenses 2017: $36,478Net Income 2017: $35,9002017Revenue 2018: $82,208Expenses 2018: $43,773Net Income 2018: $38,4352018Revenue 2019: $73,425Expenses 2019: $55,195Net Income 2019: $18,2302019Revenue 2020: $62,101Expenses 2020: $49,321Net Income 2020: $12,7802020Revenue 2021: $91,289Expenses 2021: $56,900Net Income 2021: $34,3892021Revenue 2022: $45,904Expenses 2022: $64,554Net Income 2022: -$18,6502022Revenue 2023: $63,631Expenses 2023: $73,773Net Income 2023: -$10,1422023Revenue 2024: $164,911Expenses 2024: $112,418Net Income 2024: $52,4932024Revenue 2025: $264,590Expenses 2025: $254,174Net Income 2025: $10,4162025

Highlighted filing

2020

Revenue$62,101
Expenses$49,321
Net Income$12,780
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 6, 2021
Return Version
2020v4.0
Gross Receipts
$62,101
Mission and Program Overview

Mission

Promote economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$784,265$796,978▲ $12,713
Other Notes and Loans Receivable, Net$356,045$476,438▲ $120,393
Savings and Temporary Cash Investments$322,368$367,416▲ $45,048
Cap Stk Tr Prin Current Funds$95,775$96,275▲ $500
Cash and Non-Interest-Bearing Accounts$184,733$32,505▼ $152,228
Land, Buildings, and Equipment, Net$18,269$18,269→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$1,375$1,375→ $0
Total Assets$881,415$894,628▲ $13,213
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$881,415$894,628▲ $13,213
Total Liabilities and Net Assets / Fund Balance$881,415$894,628▲ $13,213

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$40,952$40,952
Land$18,269-$18,269
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly MeinersPresident
Brenda KleinBoard Member
Craig SchaefferBoard Member
Frank VolmerBoard Member
John MeyerBoard Member
Tom KauerBoard Member
Dan PatmoreSecretary
Blake TidemanTreasurer
James MathisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$9,359
Investment Income
$2,742
Other Revenue
$0
Change in Net Assets
$12,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,298
Salaries, Compensation, and Employee Benefits$23
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$3,787--$3,787
Fees for Services Accounting-$2,261-$2,261
Advertising$2,008--$2,008
Insurance$1,657--$1,657
Office Expenses$1,489--$1,489
Other Expenses$67--$67
Payroll Taxes$23--$23
All Other Expenses$-1--$-1
Total Functional Expenses$47,060$2,261$0$49,321
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 7A

Board of directors are elected by the stockholders.

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

The 990 tax return is reviewed and approved to be filed by the board of directors.

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

The executive director is hired and compensation is set by the board of directors on an annual basis.

Form 990, Page 6, Part VI, Line 19

Documents are available to anyone attending a regular board of directors meeting.

Filing and Contact Details

Filer

Filer Name
South Central Development
EIN
46-0397166
Address
PO BOX 624, WINNER, SD 57580

Signing Officer

Name
Blake Tideman
Title
Treasurer
Phone
6058402068
Signed
2021-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Meiners
Voting Board Members
90
Independent Board Members
81
Employees
0

Preparer

Firm
Fenenga Desmet & Company LLC
Address
PO BOX 748, WINNER, SD 57580
Preparer
Dana Kaup
Phone
6058421757
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Additional purchases of stock 500 meals (50%) -67 total 433

Raw XML Appendix309 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/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 TAX RETURN IS REVIEWED AND APPROVED TO BE FILED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS HIRED AND COMPENSATION IS SET BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO ANYONE ATTENDING A REGULAR BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADDITIONAL PURCHASES OF STOCK 500 MEALS (50%) -67 TOTAL 433
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ReturnHeader/Filer/EIN0460397166
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 624
ReturnHeader/Filer/USAddress/CityNm0WINNER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057580
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205804965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FENENGA DESMET & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 748
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINNER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057580
ReturnHeader/PreparerPersonGrp/PhoneNum06058421757
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANA KAUP
ReturnHeader/ReturnTs02021-04-15T11:16:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BICE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.79$0.07$9.72$2.65$2.54$0.10
2024Detailed filing. Detailed filing data is available for this year.$9.67$0.07$9.60$1.65$1.12$0.52
2023Detailed filing. Detailed filing data is available for this year.$9.02$0.00$9.02$0.64$0.74$0.10
2022Detailed filing. Detailed filing data is available for this year.$9.11$0.00$9.11$0.46$0.65$0.19
2021Detailed filing. Detailed filing data is available for this year.$9.29$0.00$9.29$0.91$0.57$0.34
2020Detailed filing. Detailed filing data is available for this year.$8.95$0.00$8.95$0.62$0.49$0.13
2019Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$0.73$0.55$0.18
2018Detailed filing. Detailed filing data is available for this year.$8.64$0.01$8.63$0.82$0.44$0.38
2017Detailed filing. Detailed filing data is available for this year.$8.26$0.01$8.25$0.72$0.36$0.36
2016Detailed filing. Detailed filing data is available for this year.$7.90$0.01$7.89$0.67$0.31$0.36
2015Detailed filing. Detailed filing data is available for this year.$7.54$0.01$7.53$0.21$0.55$0.34
2014Detailed filing. Detailed filing data is available for this year.$7.90$0.03$7.87$0.22$0.71$0.49
2013Summary only. Only limited summary data is available for this year.$8.39$0.03$8.36$3.38$1.06$2.32
2012Summary only. Only limited summary data is available for this year.$6.02$0.03$5.99$0.59$0.35$0.24
2011Summary only. Only limited summary data is available for this year.$5.81$0.08$5.73$1.44$0.86$0.58