Civic Intelligence

Dsu-Soar

EIN 86-1818489 • 501(c)3 • Madison, SD

Profile

This corporation is formed exclusively for the purpose of developing, maintaining, and operating economic development initiatives that support the teaching, research, or service mission of dakota state university by expanding opportunities for south dakota faculty members, researchers, and students to participate in the application of research results and technological innovations in commerce, government, or public service.

820 N Washington AveMadison, SD 57042

www.dsusoar.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

86th percentile

50%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

30th percentile

-26%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$170,982

Up $57,126 (+50%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$170,982

Up $57,126 (+50%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin87th percentile

Revenue

Down

$132,172

Down $45,422 (-26%) from 2024

Expenses

Down

$75,046

Down $46,264 (-38%) from 2024

Net Income

Up

$57,126

Up $842 (+1.5%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$200K$150K$100K$50K$0Assets 2022: $3,122Liabilities 2022: $0Net Assets 2022: $3,1222022Assets 2023: $57,572Liabilities 2023: $0Net Assets 2023: $57,5722023Assets 2024: $113,856Liabilities 2024: $0Net Assets 2024: $113,8562024Assets 2025: $170,982Liabilities 2025: $0Net Assets 2025: $170,9822025

Highlighted filing

2025

Assets$170,982
Liabilities$0
Net Assets$170,982
Open 2025 Filing

Operations Trend

Revenue Growth30th percentile

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

$200K$150K$100K$50K$0Revenue 2022: $147,559Expenses 2022: $144,487Net Income 2022: $3,0722022Revenue 2023: $86,430Expenses 2023: $31,980Net Income 2023: $54,4502023Revenue 2024: $177,594Expenses 2024: $121,310Net Income 2024: $56,2842024Revenue 2025: $132,172Expenses 2025: $75,046Net Income 2025: $57,1262025

Highlighted filing

2025

Revenue$132,172
Expenses$75,046
Net Income$57,126
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$170,982
Liabilities
$0
Net assets
$170,982
Revenue
$132,172
Expenses
$75,046
Net income
$57,126
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$1.32$0.75$0.57
2024Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$1.78$1.21$0.56
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.86$0.32$0.54
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.48$1.44$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 22, 2025
Return Version
2024v5.2
Gross Receipts
$132,172
Mission and Program Overview

Mission

This corporation is formed exclusively for the purpose of developing, maintaining and operating economic development initiatives that support the teaching, research, or service mission of dakota state university by expanding opportunities for south dakota faculty members, researchers, and students to participate in the application of research results and technological innovations in commerce, government, or public service.

This corporation is formed exclusively for the purpose of developing, maintaining, and operating economic development initiatives that support the teaching, research, or service mission of dakota state university by expanding opportunities for south dakota faculty members, researchers, and students to participate in the application of research results and technological innovations in commerce, government, or public service.

Program Services

DescriptionGrantsExpenses
DSU-SOAR PROVIDED TRAINING TO FACULTY ACROSS THE NSA'S CENTER OF ACADEMIC EXCELLENCE (CAE) COMMUNITY ON RELEVANT RESEARCH TOPICS RELATED TO THE TECHNICAL KNOWLEDGE UNITS DEFINED IN THE CAE DESIGNATION PROCESS. ONE SEPARATE TRAINING SESSION WAS CONDUCTED THIS YEAR.$0$35,000
DSU-SOAR SUPPLIED SEVEN (7) COMPUTER SCIENCE, CYBERSECURITY, AND COMPUTER NETWORKING TRAINING CONSULTANTS WHO DELIVERED COURSES IN 75-MINUTE SESSIONS WITH THREE SESSIONS IN THE MORNING AND TWO IN THE AFTERNOON, MONDAY THROUGH FRIDAY ON JUNE 9TH THROUGH JUNE 14TH.$0$35,000
DSU-SOAR PROVIDED A 4-HOUR PROFESSIONAL DEVELOPMENT TRAINING ON OCTOBER 22ND, 2024. TOPICS COVERED INCLUDED (1) THE TRANSFORMATIVE POWER OF TECHNOLOGY IN REAL ESTATE, (2) BUILDING MENTAL RESILIENCE, (3) IMPLICIT BIAS IN REAL ESTATE, AND (4) NAVIGATING CONFLICT IN REAL ESTATE TRANSACTIONS. THE TRAINING WAS PROVIDED AT FT. PIERRE, SOUTH DAKOTA.$0$2,610
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR JOSE-MARIE GRIFFITHSChair/Dsu President-$0--
DR RICHARD HANSONPresident-$0--
DR REBECCA HOEYVice President-$0--
STACY KRUSEMARKSecretary/Treasurer-$0--
DR DORINE BENNETTBoard Member-$0--
DR DAVID DEJONGBoard Member-$0--
NATHAN LUKKESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Dsu-soar
EIN
86-1818489
Phone
6052565127
Address
820 N WASHINGTON AVE, MADISON, SD 57042

Signing Officer

Name
Stacy Krusemark
Title
Secretary/treasurer
Phone
6052565127
Signed
2025-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly Llp
Address
345 N REID PL STE 400, SIOUX FALLS, SD 57103-7034
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: other income-ez. Amount: 2,562.”

Raw XML Appendix174 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR/DSU PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THIS CORPORATION IS FORMED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, MAINTAINING, AND OPERATING ECONOMIC DEVELOPMENT INITIATIVES THAT SUPPORT THE TEACHING, RESEARCH, OR SERVICE MISSION OF DAKOTA STATE UNIVERSITY BY EXPANDING OPPORTUNITIES FOR SOUTH DAKOTA FACULTY MEMBERS, RESEARCHERS, AND STUDENTS TO PARTICIPATE IN THE APPLICATION OF RESEARCH RESULTS AND TECHNOLOGICAL INNOVATIONS IN COMMERCE, GOVERNMENT, OR PUBLIC SERVICE.
IRS990EZ/ProgramServiceRevenueAmt079610
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2DSU-SOAR PROVIDED A 4-HOUR PROFESSIONAL DEVELOPMENT TRAINING ON OCTOBER 22ND, 2024. TOPICS COVERED INCLUDED (1) THE TRANSFORMATIVE POWER OF TECHNOLOGY IN REAL ESTATE, (2) BUILDING MENTAL RESILIENCE, (3) IMPLICIT BIAS IN REAL ESTATE, AND (4) NAVIGATING CONFLICT IN REAL ESTATE TRANSACTIONS. THE TRAINING WAS PROVIDED AT FT. PIERRE, SOUTH DAKOTA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER INCOME-EZ. AMOUNT: 2,562.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-22
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ReturnHeader/Filer/EIN0861818489
ReturnHeader/Filer/PhoneNum06052565127
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURIE HANSON CPA
ReturnHeader/ReturnTs02025-10-22T12:58:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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