Civic Intelligence

Rasdak Inc.

990EZ • Fiscal year 2022 • EIN 47-2016803

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 27, 2023

Organization Profilerasdak.com
2404 Carriage CTSioux Falls, SD 57108-5203

(605) 359-7204

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

89th percentile

80%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-3.5%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$16,906

Up $7,490 (+80%) from 2021

Net Assets

Up

$16,906

Up $7,490 (+80%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin65th percentile

Revenue

Down

$48,668

Down $1,749 (-3.5%) from 2021

Expenses

Up

$41,178

Up $12,549 (+44%) from 2021

Net Income

Down

$7,490

Down $14,298 (-66%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$60K$40K$20K$0Assets 2014: $95Liabilities 2014: $02014Assets 2015: $34Liabilities 2015: $02015Assets 2016: $1,569Liabilities 2016: $02016Assets 2017: $396Liabilities 2017: $02017Assets 2018: $385Liabilities 2018: $02018Assets 2019: $3,661Liabilities 2019: $02019Assets 2020: $15,177Liabilities 2020: $02020Assets 2021: $9,416Liabilities 2021: $0Net Assets 2021: $9,4162021Assets 2022: $16,906Liabilities 2022: $0Net Assets 2022: $16,9062022Assets 2023: $35,457Liabilities 2023: $0Net Assets 2023: $35,4572023Assets 2024: $46,505Net Assets 2024: $46,5052024

Highlighted filing

2022

Assets$16,906
Liabilities$0
Net Assets$16,906
Open 2022 Filing

Operations Trend

Revenue Growth37th percentile

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

$100K$50K$0-$50KRevenue 2014: $95Expenses 2014: $0Net Income 2014: $952014Revenue 2015: $51,798Expenses 2015: $51,859Net Income 2015: -$612015Revenue 2016: $30,294Expenses 2016: $28,759Net Income 2016: $1,5352016Revenue 2017: $40,158Expenses 2017: $41,331Net Income 2017: -$1,1732017Revenue 2018: $33,954Expenses 2018: $33,965Net Income 2018: -$112018Revenue 2019: $52,464Expenses 2019: $49,188Net Income 2019: $3,2762019Revenue 2020: $1,800Expenses 2020: $17,773Net Income 2020: -$15,9732020Revenue 2021: $50,417Expenses 2021: $28,629Net Income 2021: $21,7882021Revenue 2022: $48,668Expenses 2022: $41,178Net Income 2022: $7,4902022Revenue 2023: $65,441Expenses 2023: $46,890Net Income 2023: $18,5512023Revenue 2024: $55,342Expenses 2024: $44,294Net Income 2024: $11,0482024

Highlighted filing

2022

Revenue$48,668
Expenses$41,178
Net Income$7,490
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 27, 2023
Return Version
2022v5.0
Gross Receipts
$48,668
Mission and Program Overview

Mission

TopromotebicycleridinginSouthDakotaandallowpeopletoseethediversityofourstateatbikingspeed.

To promote bicycle riding in South Dakota and allow people to see the diversity of our state at biking speed.

Program Services

DescriptionGrantsExpenses
Conducted a ride that visited all Dams along the Missouri River from the ND Border to Nebraska Border for 215 riders$0$41,178
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kasey AbbotPresidentPT$0--
Jana MuirVice President And SecretaryPT$0--
Bob ThimjonTresurer-$0--
Filing and Contact Details

Filer

Filer Name
Rasdak Inc
EIN
47-2016803
In Care Of
% Robert Thimjon
Address
2404 CARRIAGE CT, SIOUX FALLS, SD 57108-5203

Signing Officer

Name
Robert Thimjon
Title
Treasurer
Signed
2023-10-27
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Scholarships $3500 Expenses related to the ride $37,678, $41178|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Beginning of year - registrations paid for 2020 but not returned will be refunded or applied to 2021 that $27,489 was used to fund some of the costs in 2020 but the cash was deposited and included in cash, $0, $|”

Raw XML Appendix192 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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IRS990EZ/BooksInCareOfDetail/PhoneNum06053597204
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Sioux Falls
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057108
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President and Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Tresurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt041178
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote bicycle riding in South Dakota and allow people to see the diversity of our state at biking speed.
IRS990EZ/ProgramServiceRevenueAmt046668
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Conducted a ride that visited all Dams along the Missouri River from the ND Border to Nebraska Border for 215 riders
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt041178
IRS990EZ/TotalProgramServiceExpensesAmt041178
IRS990EZ/TotalRevenueAmt048668
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011067
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt046668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt022929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt051464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt029509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0150570
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0161637
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0161637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Scholarships $3500 Expenses related to the ride $37,678, $41178|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Beginning of year - registrations paid for 2020 but not returned will be refunded or applied to 2021 that $27,489 was used to fund some of the costs in 2020 but the cash was deposited and included in cash, $0, $|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Thimjon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RASDAK INC
ReturnHeader/Filer/BusinessNameControlTxt0RASD
ReturnHeader/Filer/EIN0472016803
ReturnHeader/Filer/ForeignPhoneNum06053597204
ReturnHeader/Filer/InCareOfNm0% Robert Thimjon
ReturnHeader/Filer/USAddress/AddressLine1Txt02404 CARRIAGE CT
ReturnHeader/Filer/USAddress/CityNm0SIOUX FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd0571085203
ReturnHeader/ReturnTs02023-10-27T03:46:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,906
Liabilities
$0
Net assets
$16,906
Revenue
$48,668
Expenses
$41,178
Net income
$7,490
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.5$46.5$55.3$44.3$11.0
2023Detailed filing. Detailed filing data is available for this year.$35.5$0.00$35.5$65.4$46.9$18.6
2022Detailed filing. Detailed filing data is available for this year.$16.9$0.00$16.9$48.7$41.2$7.49
2021Detailed filing. Detailed filing data is available for this year.$9.42$0.00$9.42$50.4$28.6$21.8
2020Summary only. Only limited summary data is available for this year.$15.2$0.00$1.80$17.8$16.0
2019Summary only. Only limited summary data is available for this year.$3.66$0.00$52.5$49.2$3.28
2018Summary only. Only limited summary data is available for this year.$0.39$0.00$34.0$34.0$0.01
2017Summary only. Only limited summary data is available for this year.$0.40$0.00$40.2$41.3$1.17
2016Summary only. Only limited summary data is available for this year.$1.57$0.00$30.3$28.8$1.54
2015Summary only. Only limited summary data is available for this year.$0.03$0.00$51.8$51.9$0.06
2014Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.10