Civic Intelligence

Dakota Resources

990 • Fiscal year 2012 • EIN 46-0442430

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

25795 475th Ave57055
Siviq Scores

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

Liabilities / Assets

78th percentile

0.65x

Higher debt load relative to assets than 78% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

63rd percentile

5.6%

Faster asset growth than 63% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$14,176,240

Up $755,652 (+5.6%) from 2011

Net Assets

Up

$4,956,501

Up $468,627 (+10%) from 2011

Liabilities

Up

$9,219,739

Up $287,025 (+3.2%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,207,908

Up $73,918 (+6.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $12,393,547Liabilities 2010: $9,402,213Net Assets 2010: $2,991,3342010Assets 2011: $13,420,588Liabilities 2011: $8,932,714Net Assets 2011: $4,487,8742011Assets 2012: $14,176,240Liabilities 2012: $9,219,739Net Assets 2012: $4,956,5012012Assets 2013: $14,972,234Liabilities 2013: $9,135,689Net Assets 2013: $5,836,5452013Assets 2014: $14,906,136Liabilities 2014: $9,040,216Net Assets 2014: $5,865,9202014Assets 2015: $16,818,803Liabilities 2015: $10,857,016Net Assets 2015: $5,961,7872015Assets 2016: $18,296,589Liabilities 2016: $11,669,024Net Assets 2016: $6,627,5652016Assets 2017: $20,663,753Liabilities 2017: $13,564,237Net Assets 2017: $7,099,5162017Assets 2018: $22,378,540Liabilities 2018: $14,062,901Net Assets 2018: $8,315,6392018Assets 2019: $29,953,385Liabilities 2019: $20,430,889Net Assets 2019: $9,522,4962019Assets 2020: $27,726,406Liabilities 2020: $15,429,668Net Assets 2020: $12,296,7382020Assets 2021: $30,186,336Liabilities 2021: $16,036,246Net Assets 2021: $14,150,0902021Assets 2022: $32,660,027Liabilities 2022: $18,579,097Net Assets 2022: $14,080,9302022Assets 2023: $37,820,783Liabilities 2023: $22,843,880Net Assets 2023: $14,976,9032023Assets 2024: $41,469,725Liabilities 2024: $24,572,819Net Assets 2024: $16,896,9062024

Highlighted filing

2012

Assets$14,176,240
Liabilities$9,219,739
Net Assets$4,956,501

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,076,4382010Revenue 2011: $2,627,463Expenses 2011: $1,133,990Net Income 2011: $1,493,4732011Expenses 2012: $1,207,9082012Revenue 2013: $2,472,003Expenses 2013: $1,593,075Net Income 2013: $878,9282013Revenue 2014: $1,558,846Expenses 2014: $1,529,599Net Income 2014: $29,2472014Revenue 2015: $1,659,528Expenses 2015: $1,564,817Net Income 2015: $94,7112015Revenue 2016: $2,771,517Expenses 2016: $2,101,760Net Income 2016: $669,7572016Revenue 2017: $3,325,826Expenses 2017: $2,859,987Net Income 2017: $465,8392017Revenue 2018: $3,326,438Expenses 2018: $2,109,954Net Income 2018: $1,216,4842018Revenue 2019: $3,661,518Expenses 2019: $2,463,420Net Income 2019: $1,198,0982019Revenue 2020: $4,259,846Expenses 2020: $2,278,921Net Income 2020: $1,980,9252020Revenue 2021: $4,179,502Expenses 2021: $2,317,820Net Income 2021: $1,861,6822021Revenue 2022: $2,438,799Expenses 2022: $2,494,618Net Income 2022: -$55,8192022Revenue 2023: $3,906,257Expenses 2023: $2,880,749Net Income 2023: $1,025,5082023Revenue 2024: $4,945,753Expenses 2024: $3,030,446Net Income 2024: $1,915,3072024

Highlighted filing

2012

Revenue-
Expenses$1,207,908
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$2,067,353
Mission and Program Overview

Mission

Dakota resources is connecting capacity and capital to empower rural communities.we believe that leadership capacity and access to capital are key to creating the future of rural. Our programs areaimed at supporting rural shapers and economic development organizations.

Major Activities

Activity 2
Dakota rising is designed to spur a renaissance of south dakota's rural economy through strategic partnerships with local communities to invigorate rural entrepreneurs and their enterprises. By deeply investing financial and human resources we grow individual entrepreneur skills and their businesses.
Activity 3
Home address was designed to address the crucial issue of housing in rural communities and serve as a catalyst to increase community capacity for strategic decision making now and in the future. Engage local leadership teams, community coaches, and technical assistance providers in a structured, flexible, learning process based on a systems approach to social change.
Filing and Contact Details

Filer

EIN
46-0442430
Raw XML AppendixShowing 400 of 725 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/Activity2/Description0DAKOTA RISING IS DESIGNED TO SPUR A RENAISSANCE OF SOUTH DAKOTA'S RURAL ECONOMY THROUGH STRATEGIC PARTNERSHIPS WITH LOCAL COMMUNITIES TO INVIGORATE RURAL ENTREPRENEURS AND THEIR ENTERPRISES. BY DEEPLY INVESTING FINANCIAL AND HUMAN RESOURCES WE GROW INDIVIDUAL ENTREPRENEUR SKILLS AND THEIR BUSINESSES.
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IRS990/Description0IDENTIFY RESOURCE GAPS IN SUPPORT OF ECONOMIC DEVELOPMENT AND PROACTIVELY EDUCATE, COLLABORATE AND INNOVATE TOWARD SOLUTIONS. SHARE A DIVERSIFIED TOOLBOX OF RESOURCES TO SUPPORT ECONOMIC DEVELOPMENT THAT ENHANCES STRENGTHS OF PARTNERS AND ALLIES. CHALLENGE THE ECONOMIC DEVELOPMENT ESTABLISHMENT TO COLLABORATE STRATEGICALLY FOR THE FUTURE OF SOUTH DAKOTA. DAKOTA RESOURCES' CAPITAL INVESTMENT FUND (CIF): A $12.942 MILLION LOAN FUND MAKING FLEXIBLE CAPITAL AVAILABLE TO SOUTH DAKOTA COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI). THE CIF WAS 88.97% DEPLOYED AT THE END OF 2012 BASED SOLELY UPON CIF CAPITAL AND LENDING. $8,486,550 OF THE CIF CAPITAL IS FROM EQUITY EQUIVALENT INVESTMENTS (EQ2S), $670,000 CORPORATE INVESTORS, $3,122,854 IN CAPITAL GRANT, AND $662,576 BOARD ALLOCATIONS FROM THE DAKOTAS AMERICA NEW MARKET TAX CREDIT (NMTC) DIVIDENDS. THE CIF IS THE ECONOMIC ENGINE OF DAKOTA RESOURCES, GENERATING A 2% MARGIN. MORE IMPORTANTLY IT IS A SIGNIFICANT SOURCE OF FLEXIBLE CAPITAL FOR CDFIS IN THE STATE AS IT 1) PROVIDES REASONABLY PRICED CAPITAL 2) ON A TEN YEAR INTEREST ONLY TERM THAT 3) DOES NOT HAVE RESTRICTIONS ON THE KINDS OF DEALS IT CAN FINANCE, AND 4) CAN BE USED AS FEDERAL MATCH. AN ADDITIONAL FINANCIAL PRODUCT IS THE RURAL BUSINESS ENTERPRISE GRANT (RBEG) LOAN PARTICIPATION PROGRAM THAT SELECTIVELY PARTICIPATES IN LOANS ORIGINATED BY OUR CAPITAL INVESTMENT FUND (CIF) BORROWERS AND SD COMMUNITY CAPITAL FUND (SDCCF) PARTICIPANTS. SIX LOANS TOTALING $128,239.55 WERE OUTSTANDING AT THE END OF 2012. DUE TO THE DOWNTURN IN THE ECONOMY, THE SDCCF PROGRAM BECAME LIMITED DUE TO LOAN PURCHASER BEING LIMITED TO PROJECTS BASED IN LOW INCOME CENSUS TRACTS QUALIFYING FOR NEW MARKETS TAX CREDITS.
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IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus3Years0350790
IRS990ScheduleA/AmtsFromSubstContributors/Total01201716
IRS990ScheduleA/AmtsRecdFromDisqualPersons/CurrentTaxYearMinus3Years01000
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total01000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear0611380
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year01303475
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years0945225
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years01103536
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years0242295
IRS990ScheduleA/GiftsGrantsContribReceived509/Total04205911
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear020914
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year044484
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years047336
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years042040
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years087502
IRS990ScheduleA/GrossInvestmentIncome509/Total0242276
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear01240960
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year01286821
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0871641
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years0622204
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years0697774
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total04719400
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear020914
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year044484
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years047336
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years042040
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years087502
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total0242276
IRS990ScheduleA/InvestmentIncomePercentage00.02640
IRS990ScheduleA/PriorYearSupportPercentage00.81560
IRS990ScheduleA/PriorYrInvestIncomePercentage00.07920
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.84240
IRS990ScheduleA/PublicSupportTotal50907722595
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYear0279344
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus1Year0267562
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus2Years0304020
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus3Years0351790
IRS990ScheduleA/SupportFromDQPsEtc/Total01202716
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear01852340
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year02590296
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years01816866
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01725740
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years0940069
IRS990ScheduleA/Total509/Total08925311
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear01873254
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year02634780
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years01864202
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01767780
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01027571
IRS990ScheduleA/TotalSupportTotal/Total09167587
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/AgentTrusteeEtc00
IRS990ScheduleD/CurrentYear/AdministrativeExpenses0109
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance09092

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.5$24.6$16.9$4.95$3.03$1.92
2023Summary only. Only limited summary data is available for this year.$37.8$22.8$15.0$3.91$2.88$1.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$18.6$14.1$2.44$2.49$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$16.0$14.2$4.18$2.32$1.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$15.4$12.3$4.26$2.28$1.98
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$20.4$9.52$3.66$2.46$1.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$14.1$8.32$3.33$2.11$1.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$13.6$7.10$3.33$2.86$0.47
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$11.7$6.63$2.77$2.10$0.67
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$10.9$5.96$1.66$1.56$0.09
2014Detailed filing. Detailed filing data is available for this year.$14.9$9.04$5.87$1.56$1.53$0.03
2013Detailed filing. Detailed filing data is available for this year.$15.0$9.14$5.84$2.47$1.59$0.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$9.22$4.96$1.21
2011Summary only. Only limited summary data is available for this year.$13.4$8.93$4.49$2.63$1.13$1.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$9.40$2.99$1.08