Civic Intelligence

Webster Alumni Foundation

EIN 46-0458793 • 501(c)3 • Webster, SD

Profile

Provide scholarships for students of the webster area school district

PO Box 95Webster, SD 57274
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

49th percentile

3.2%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,326,414

Up $40,826 (+3.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,326,414

Up $40,826 (+3.2%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin84th percentile

Revenue

Down

$109,346

Down $32,042 (-23%) from 2023

Expenses

Up

$68,520

Up $3,529 (+5.4%) from 2023

Net Income

Down

$40,826

Down $35,571 (-47%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $2,379,780Liabilities 2019: $0Net Assets 2019: $2,379,7802019Assets 2020: $2,589,895Liabilities 2020: $0Net Assets 2020: $2,589,8952020Assets 2022: $1,209,191Liabilities 2022: $0Net Assets 2022: $1,209,1912022Assets 2023: $1,285,588Liabilities 2023: $0Net Assets 2023: $1,285,5882023Assets 2024: $1,326,414Liabilities 2024: $0Net Assets 2024: $1,326,4142024

Highlighted filing

2024

Assets$1,326,414
Liabilities$0
Net Assets$1,326,414
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,349,338Expenses 2019: $89,727Net Income 2019: $2,259,6112019Revenue 2020: $350,380Expenses 2020: $140,265Net Income 2020: $210,1152020Revenue 2022: $35,729Expenses 2022: $66,748Net Income 2022: -$31,0192022Revenue 2023: $141,388Expenses 2023: $64,991Net Income 2023: $76,3972023Revenue 2024: $109,346Expenses 2024: $68,520Net Income 2024: $40,8262024

Highlighted filing

2024

Revenue$109,346
Expenses$68,520
Net Income$40,826
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,326,414
Liabilities
$0
Net assets
$1,326,414
Revenue
$109,346
Expenses
$68,520
Net income
$40,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.11$0.07$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.14$0.06$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.04$0.07$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.35$0.14$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$2.35$0.09$2.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$109,346
Mission and Program Overview

Mission

Provide scholarships for students of the webster area school district

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,282,591$1,323,336▲ $40,745
Cash and Non-Interest-Bearing Accounts$2,997$3,078▲ $81
Total Assets$1,285,588$1,326,414▲ $40,826
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,285,588$1,326,414▲ $40,826
Total Net Assets Fund Balance$1,285,588$1,326,414▲ $40,826
Total Liabilities and Net Assets / Fund Balance$1,285,588$1,326,414▲ $40,826
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Dave JeskePresident
Lynn HansenDirector
Miranda FosheimDirector
Sandy WagnerDirector
Vicki BurySecretary/tr
Lana HolandVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,850
Program Service Revenue
$0
Investment Income
$107,496
Other Revenue
$0
Change in Net Assets
$40,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$57,250
Other Expenses$11,270
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$57,250--$57,250
Fees for Service Investment Mgmnt Fees$9,585--$9,585
Other Expenses$1,685--$1,685
Total Functional Expenses$68,520$0$0$68,520
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
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Webster Alumni Foundation
EIN
46-0458793
Phone
6055900583
Address
PO BOX 95, WEBSTER, SD 57274

Signing Officer

Name
Vicki Bury
Title
Secretary/treasurer
Phone
6053453639
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Bury
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
G Todd Garry Public Accountant
Address
513 MAIN ST, WEBSTER, SD 57274-1718
Preparer
G Todd Garry
Phone
6053453639
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“General administration of the funds”

Raw XML Appendix284 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
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IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt01282591
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LobbyingActivitiesInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OPERATING EX
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IRS990/PartialLiquidationInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01685
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0670
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt056000
IRS990/PYInvestmentIncomeAmt0140718
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-13T15:44:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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