Civic Intelligence

Caedc Foundation

990EZ • Fiscal year 2020 • EIN 83-1205358

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 17, 2021

Organization ProfileN/A
PO Box 15Custer, SD 57730-0015

(605) 673-5800

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

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

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

226%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

149%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$34,602

Up $24,002 (+226%) from 2019

Net Assets

Up

$34,602

Up $24,002 (+226%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin97th percentile

Revenue

Up

$26,420

Up $15,820 (+149%) from 2019

Expenses

$2,418

No earlier filing loaded for comparison.

Net Income

$24,002

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$40K$30K$20K$10K$0Assets 2019: $10,600Net Assets 2019: $10,6002019Assets 2020: $34,602Net Assets 2020: $34,6022020Assets 2021: $35,156Net Assets 2021: $35,1562021Assets 2022: $29,945Net Assets 2022: $29,9452022Assets 2023: $29,493Net Assets 2023: $29,4932023Assets 2024: $12,656Net Assets 2024: $12,6562024

Highlighted filing

2020

Assets$34,602
Liabilities-
Net Assets$34,602
Open 2020 Filing

Operations Trend

Revenue Growth96th percentile

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

$100K$50K$0-$50KRevenue 2019: $10,6002019Revenue 2020: $26,420Expenses 2020: $2,418Net Income 2020: $24,0022020Revenue 2021: $36,709Expenses 2021: $36,155Net Income 2021: $5542021Revenue 2022: $23,550Expenses 2022: $28,761Net Income 2022: -$5,2112022Revenue 2023: $28,304Expenses 2023: $28,756Net Income 2023: -$4522023Revenue 2024: $63,290Expenses 2024: $80,127Net Income 2024: -$16,8372024

Highlighted filing

2020

Revenue$26,420
Expenses$2,418
Net Income$24,002
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 17, 2021
Return Version
2020v4.0
Gross Receipts
$26,420
Mission and Program Overview

Mission

To drive community and economic development growth

Program Services

DescriptionGrantsExpenses
THROUGH SOLE SUPPORT OF CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION WHICH HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORKING TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS.-$2,418
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF PRIORPresident-$0--
TANYA OLSONSecretary-$0--
PHILLIP ABERNATHYTreasurer-$0--
KELLY MILLERBoard Member-$0--
BRAD KRUSHBoard Member-$0--
MARTIN FREIDELBoard Member-$0--
COLLEEN HENNESSYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Caedc Foundation
EIN
83-1205358
Phone
6056735800
Address
PO BOX 15, CUSTER, SD 57730-0015

Signing Officer

Name
Phillip Abernathy
Title
Treasurer
Phone
6056735800
Signed
2021-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 191, CUSTER, SD 57730-0191
Preparer
Brian Watland
Phone
6056733220
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 289 insurance 1,100 equipment 1,029 total 2,418”

Form 990-ez, Part III, Line 28

“Through sole support of custer area economic development corporation which has formed associations with other regional and state economic development organizations, assisting with access to funds, leadership and entrepreneurial training. Representatives working to open opportunities to grow existing businesses, to attract and assist new business ventures and start-ups.”

Raw XML Appendix164 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3KELLY MILLER
CompensationExplanation/CompensationExplanationGrp/PersonNm4BRAD KRUSH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02418
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO DRIVE COMMUNITY AND ECONOMIC DEVELOPMENT GROWTH
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02418
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REVIEW OF IRS DETERMINATION LETTER DATED JUNE 8, 2011 INDICATES THAT CUSTER AREA ECONOMIC DEVELOPMENT EIN 27-3550919 IS AN EXEMPT ORGANIZATION UNDER 501(C)(6). THE ENTITY FILES AN ANNUAL FORM 990-N AND HAS INDICATED THEY PASS THE PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE COMMON BOARD BETWEEN THE TWO ORGANIZATIONS ENSURE THAT THE FUNDS ARE USED FOR THE ADVANCEMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT.
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IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 289 INSURANCE 1,100 EQUIPMENT 1,029 TOTAL 2,418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THROUGH SOLE SUPPORT OF CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION WHICH HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORKING TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILLIP ABERNATHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06056735800
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAEDC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CAED
ReturnHeader/Filer/EIN0831205358
ReturnHeader/Filer/PhoneNum06056735800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 15
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd0577300015
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460257538
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KETEL THORSTENSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 191
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUSTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0577300191
ReturnHeader/PreparerPersonGrp/PhoneNum06056733220
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN WATLAND
ReturnHeader/ReturnTs02021-08-17T17:25:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILLIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ABERNATHY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$34,602
Liabilities
-
Net assets
$34,602
Revenue
$26,420
Expenses
$2,418
Net income
$24,002
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.7$12.7$63.3$80.1$16.8
2023Detailed filing. Detailed filing data is available for this year.$29.5$29.5$28.3$28.8$0.45
2022Detailed filing. Detailed filing data is available for this year.$29.9$29.9$23.6$28.8$5.21
2021Detailed filing. Detailed filing data is available for this year.$35.2$35.2$36.7$36.2$0.55
2020Detailed filing. Detailed filing data is available for this year.$34.6$34.6$26.4$2.42$24.0
2019Detailed filing. Detailed filing data is available for this year.$10.6$10.6$10.6