Civic Intelligence

Milbank Community Foundation

990 • Fiscal year 2020 • EIN 46-0427565

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileWWW.MILBANKCF.COM

View Organization Page

103 Flynn DrMilbank, SD 57252

(605) 432-9000

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

100th percentile

185%

Higher net margin than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$61,048

Higher top officer pay than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-56%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,419,303

Down $1,814,810 (-56%) from 2019

Net Assets

Down

$1,173,790

Down $1,846,321 (-61%) from 2019

Liabilities

Up

$245,513

Up $31,511 (+15%) from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$1,001,094

Down $1,782,779 (-228%) from 2019

Expenses

Down

$850,847

Down $2,352 (-0.3%) from 2019

Net Income

Down

-$1,851,941

Down $1,780,427 (-2490%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $19,205,269Liabilities 2010: $10,266,919Net Assets 2010: $8,938,3502010Assets 2011: $9,530,635Liabilities 2011: $5,966,696Net Assets 2011: $3,563,9392011Assets 2012: $2,969,398Liabilities 2012: $421,515Net Assets 2012: $2,547,8832012Assets 2013: $2,979,698Liabilities 2013: $277,480Net Assets 2013: $2,702,2182013Assets 2014: $3,076,848Liabilities 2014: $283,028Net Assets 2014: $2,793,8202014Assets 2015: $3,279,934Liabilities 2015: $278,330Net Assets 2015: $3,001,6042015Assets 2016: $3,321,414Liabilities 2016: $271,443Net Assets 2016: $3,049,9712016Assets 2017: $3,334,711Liabilities 2017: $186,724Net Assets 2017: $3,147,9872017Assets 2018: $3,254,859Liabilities 2018: $201,171Net Assets 2018: $3,053,6882018Assets 2019: $3,234,113Liabilities 2019: $214,002Net Assets 2019: $3,020,1112019Assets 2020: $1,419,303Liabilities 2020: $245,513Net Assets 2020: $1,173,7902020Assets 2021: $1,435,565Liabilities 2021: $191,561Net Assets 2021: $1,244,0042021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$1,419,303
Liabilities$245,513
Net Assets$1,173,790
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,830,1912010Expenses 2011: $14,418,6862011Expenses 2012: $1,869,9892012Revenue 2013: $885,411Expenses 2013: $731,076Net Income 2013: $154,3352013Revenue 2014: $879,050Expenses 2014: $787,448Net Income 2014: $91,6022014Revenue 2015: $1,009,897Expenses 2015: $800,930Net Income 2015: $208,9672015Revenue 2016: $911,655Expenses 2016: $874,718Net Income 2016: $36,9372016Revenue 2017: $822,194Expenses 2017: $842,645Net Income 2017: -$20,4512017Revenue 2018: $850,908Expenses 2018: $909,191Net Income 2018: -$58,2832018Revenue 2019: $781,685Expenses 2019: $853,199Net Income 2019: -$71,5142019Revenue 2020: -$1,001,094Expenses 2020: $850,847Net Income 2020: -$1,851,9412020Revenue 2021: $797,652Expenses 2021: $739,024Net Income 2021: $58,6282021Revenue 2022: $208,053Expenses 2022: $790,265Net Income 2022: -$582,2122022

Highlighted filing

2020

Revenue-$1,001,094
Expenses$850,847
Net Income-$1,851,941
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$990,773
Mission and Program Overview

Mission

The mission of the milbank community foundation is to provide the opportunity for philanthropic investment in our community; demonstrate leadership in the areas of education, social & economic development; & promote the quality of life to the residents of the milbank area.

Charitable and benevolent purposes for the benefit of the residents of milbank, south dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$977,500$984,813▲ $7,313
Investments in Publicly Traded Securities$232,664$276,470▲ $43,806
Savings and Temporary Cash Investments$265,813$137,332▼ $128,481
Pledges and Grants Receivable$27,788$19,156▼ $8,632
Land, Buildings, and Equipment, Net$1,730,348$1,532▼ $1,728,816
Total Assets$3,234,113$1,419,303▼ $1,814,810
Liabilities
Grants Payable$61,390$80,790▲ $19,400
Unsecured Notes Loans Payable-$67,260-
Deferred Revenue$78,139$66,859▼ $11,280
Accounts Payable and Accrued Expenses$74,473$30,604▼ $43,869
Total Liabilities$214,002$245,513▲ $31,511
Net Assets / Fund Balance
Net Assets With Donor Restrictions$705,267$711,864▲ $6,597
Net Assets Without Donor Restrictions$2,314,844$461,926▼ $1,852,918
Total Net Assets Fund Balance$3,020,111$1,173,790▼ $1,846,321
Total Liabilities and Net Assets / Fund Balance$3,234,113$1,419,303▼ $1,814,810

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,532$5,877$7,409
Other Securities$61,813--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig WellnitzFinance DirectorFT$54,248$6,800$61,048

Board Members and Trustees

NameTitle
Mark LeddyPresident
Mark BierschbachVice President
Doug StengelDirector
Jeff JonesDirector
Richard LentzDirector
Tana MundwilerDirector
Greg ThomasSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mc & R PoolsRenovated Pool Area2409 EAST BENSON ROAD, Sioux Falls, SD 57104$107,249
Scr INC - St CloudRenovated Pool Area604 LINCOLN AVENUE NE, St Cloud, MN 56304$101,383
Revenue and Support

Revenue Composition

Contributions and Grants
$465,403
Program Service Revenue
$302,137
Investment Income
$-1,783,175
Other Revenue
$14,541
All Other Contributions
$465,403
Change in Net Assets
$-1,851,941

Audited Revenue Reconciliation

Revenue per Audited Statements
$-1,001,717
Revenue Not Reported on Financial Statements
$623
Revenue Not Reported on Form 990
$5,620
Total Revenue per Audited Statements
$-996,097
Total Revenue per Form 990
$-1,001,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$329,792
Other Expenses$324,875
Grants and Similar Amounts Paid$196,180
Total Fundraising Expense$39,470
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$226,537--$226,537
Grants to Domestic Orgs$169,930--$169,930
Depreciation Depletion$146,179$1,046-$147,225
Occupancy$69,489$545-$70,034
Current Officers, Directors, Trustees, and Key Employees$6,104$28,082$26,861$61,047
Fees for Services Other$22,701$18,742-$41,443
Grants to Domestic Individuals$26,250--$26,250
Office Expenses$18,695$5,644-$24,339
Payroll Taxes$13,967$3,417$3,572$20,956
Other Employee Benefits$19,732$327-$20,059
All Other Expenses$8,176$6,883-$15,059
Insurance$11,888$2,691-$14,579
Other Expenses--$9,037$9,037
Advertising$1,845$154-$1,999
Pension Plan Contributions$1,193--$1,193
Fees for Service Investment Mgmnt Fees-$623-$623
Travel$390$147-$537
Total Functional Expenses$743,076$68,301$39,470$850,847

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$850,847
Expenses per Audited Statements$850,224
Total Expenses per Audited Statements$850,224
Expenses Not Reported on Financial Statements$623
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grant County Heart & Diabetes AssociationMilbank, SD501(c)(3)Health/human Service$67,388
Milbank Ball Diamond AssociationMilbank, SD501(c)(3)Youth Development$12,000
Milbank Community TransitMilbank, SD501(c)(3)Health/human Service$10,500
Imagination LibraryMilbank, SD501(c)(3)Youth Development$7,000
Lions Swim TeamBig Stone City, SD501(c)(3)Youth Development$7,000
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
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
Yes
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 board shall be comprised of the past chair, the chair, the vice chair, the secretary and treasurer. The duties of the executive board are to develop and monitor policies which manage the affairs of the foundation. The executive board shall meet at least four times per year at the call of the chair.”

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

“The form 990 is reviewed by the executive board members and finance director. A copy is provided to the board of directors prior to filing with the irs.”

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

“Board members and all staff are required to complete a conflict of interest document on an annual basis. Any potential conflicts are reviewed by the board chair. If an individual has a conflict they must remove themselves from discussions and voting.”

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

“The president of the organization is not compensated. Salaries are compared to data provided by the state for similar positions of the finance director and other management employees. The information is provided to the board, which reviews the compensation and any additional information they feel is needed prior to approving the arrangement. This process last took place in 2017.”

Form 990, Part VI, Section C, Line 19

“A summarized financial statement is made available to the public through the annual report distributed at the annual meeting.”

FORM 990, PART VII:

“The organization did not list a top management official. The executive committee of the board makes all management decisions for the organization.”

Filing and Contact Details

Filer

Filer Name
Milbank Community Foundation
EIN
46-0427565
Phone
6054329000
Address
103 FLYNN DR, MILBANK, SD 57252

Signing Officer

Name
Mark Leddy
Title
President
Phone
6054329000
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Leddy
Formed
1993
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
35
Volunteers
42

Preparer

Firm
Eide Bailly Llp
Address
200 E 10TH ST STE 500, SIOUX FALLS, SD 57104-6375
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The unity square wellness center was transferred to the city of milbank effective december 31, 2020.”

Financial Statement Notes

PART X, LINE 2:

“The foundation 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. The foundation 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.”

Raw XML AppendixShowing 400 of 550 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/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01848648
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0143219
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE MILBANK COMMUNITY FOUNDATION IS TO PROVIDE THE OPPORTUNITY FOR PHILANTHROPIC INVESTMENT IN OUR COMMUNITY; DEMONSTRATE LEADERSHIP IN THE AREAS OF EDUCATION, SOCIAL & ECONOMIC DEVELOPMENT; & PROMOTE THE QUALITY OF LIFE TO THE RESIDENTS OF THE MILBANK AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03020111
IRS990/NetAssetsOrFundBalancesEOYAmt01173790
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1849686
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1849686
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt014541
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014541
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05620
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02314844
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0461926
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0545
IRS990/OccupancyGrp/ProgramServicesAmt069489
IRS990/OccupancyGrp/TotalAmt070034
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05644
IRS990/OfficeExpensesGrp/ProgramServicesAmt018695
IRS990/OfficeExpensesGrp/TotalAmt024339
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0327
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019732
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020059
IRS990/OtherExpensesGrp/Desc0COMBINED APPEAL
IRS990/OtherExpensesGrp/FundraisingAmt09037
IRS990/OtherExpensesGrp/TotalAmt09037
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0226537
IRS990/OtherSalariesAndWagesGrp/TotalAmt0226537
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03572
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03417
IRS990/PayrollTaxesGrp/ProgramServicesAmt013967
IRS990/PayrollTaxesGrp/TotalAmt020956
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01193
IRS990/PensionPlanContributionsGrp/TotalAmt01193
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt027788
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019156
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK LEDDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES & ASSESS.
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0273727
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0273727
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128410
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0311352
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0170255
IRS990/PYInvestmentIncomeAmt074500
IRS990/PYOtherExpensesAmt0329923
IRS990/PYOtherRevenueAmt020182
IRS990/PYProgramServiceRevenueAmt0375651
IRS990/PYRevenuesLessExpensesAmt0-71514
IRS990/PYSalariesCompEmpBnftPaidAmt0353021
IRS990/PYTotalExpensesAmt0853199
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0781685
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1851941
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt014541
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0302137
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0265813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0137332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0465403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0311352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0379756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0330931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0443349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01930791
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt081052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt092937
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0100181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105623
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt093913
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0473706
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01814657
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60420
IRS990ScheduleA/PublicSupportPY170Pct00.61780
IRS990ScheduleA/PublicSupportTotal170Amt01452768
IRS990ScheduleA/SubstantialContributorsTotAmt0478023
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0465403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0311352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0379756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0330931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0443349
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01930791
IRS990ScheduleA/TotalSupportAmt02404497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt0461040
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0501477
IRS990ScheduleD/DonorAdvisedFundsHeldCnt010
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0696257
IRS990ScheduleD/EquipmentGrp/BookValueAmt01532
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05877
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07409
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0623
IRS990ScheduleD/ExpensesSubtotalAmt0850224
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/FundsAndOtherAccountsContriAmt04870
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt03461
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt03
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt015607
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0623
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0623
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05620
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0923000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt161813
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PREFERRED STOCK - VALLEY QUEEN CHEESE FACTORY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MCF INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt05620
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0623
IRS990ScheduleD/RevenueSubtotalAmt0-1001717
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION 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. THE FOUNDATION 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/TotalBookValueLandBuildingsAmt01532
IRS990ScheduleD/TotalBookValueSecuritiesAmt0984813
IRS990ScheduleD/TotalExpensesPerForm990Amt0850847
IRS990ScheduleD/TotalRevenuePerForm990Amt0-1001094
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-996097
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0850224
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt026250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/RecipientTable/CashGrantAmt012000
IRS990ScheduleI/RecipientTable/CashGrantAmt110500
IRS990ScheduleI/RecipientTable/CashGrantAmt27000
IRS990ScheduleI/RecipientTable/CashGrantAmt37000
IRS990ScheduleI/RecipientTable/CashGrantAmt467388
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HEALTH/HUMAN SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4HEALTH/HUMAN SERVICE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MILBANK BALL DIAMOND ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MILBANK COMMUNITY TRANSIT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3LIONS SWIM TEAM

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,419,303
Liabilities
$245,513
Net assets
$1,173,790
Revenue
-$1,001,094
Expenses
$850,847
Net income
-$1,851,941
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.21$0.79$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.19$1.24$0.80$0.74$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.25$1.17$1.00$0.85$1.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.21$3.02$0.78$0.85$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.20$3.05$0.85$0.91$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.19$3.15$0.82$0.84$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.27$3.05$0.91$0.87$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.28$3.00$1.01$0.80$0.21
2014Detailed filing. Detailed filing data is available for this year.$3.08$0.28$2.79$0.88$0.79$0.09
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.28$2.70$0.89$0.73$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.42$2.55$1.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.53$5.97$3.56$14.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$10.3$8.94$10.8