Civic Intelligence

Dsu-Soar

990EZ • Fiscal year 2024 • EIN 86-1818489

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 09, 2024

820 N Washington AveMadison, SD 57042

(605) 256-5127

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

98%

Faster asset growth than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

105%

Faster revenue growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$113,856

Up $56,284 (+98%) from 2023

Net Assets

Up

$113,856

Up $56,284 (+98%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$177,594

Up $91,164 (+105%) from 2023

Expenses

Up

$121,310

Up $89,330 (+279%) from 2023

Net Income

Up

$56,284

Up $1,834 (+3.4%) from 2023

Historical Trend

Balance Sheet Trend

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

$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

2024

Assets$113,856
Liabilities$0
Net Assets$113,856

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2024

Revenue$177,594
Expenses$121,310
Net Income$56,284
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 9, 2024
Return Version
2023v5.1
Gross Receipts
$177,594
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. TWO SEPARATE TRAINING SESSIONS WERE CONDUCTED THIS LAST YEAR.$0$119,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR JOSE-MARIE GRIFFITHSChair/Dsu President-$0--
DR RICHARD HANSONPresident-$0--
DR JAMES MORANVice President End 10/2023-$0--
DR REBECCA HOEYVice President Begin 10/2023-$0--
STACY KRUSEMARKSecretary/Treasurer-$0--
DR DORINE BENNETTBoard Member-$0--
DR DAVID DEJONGBoard Member-$0--
DR PAT ENGEBRETSONBoard Member-$0--
DR DAVID KENLEYBoard 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
2024-09-09
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: interest income. Amount: 1,094.

Raw XML Appendix181 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/USAddress/CityNm0MADISON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR JOSE-MARIE GRIFFITHS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR RICHARD HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR JAMES MORAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DR REBECCA HOEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STACY KRUSEMARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DR DORINE BENNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DR DAVID DEJONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DR PAT ENGEBRETSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DR DAVID KENLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9NATHAN LUKKES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR/DSU PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT END 10/2023
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT BEGIN 10/2023
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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/ProgramServiceRevenueAmt0126500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DSU-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. TWO SEPARATE TRAINING SESSIONS WERE CONDUCTED THIS LAST YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119000
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TotalRevenueAmt0177594
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DSUSOAR.COM
IRS990ScheduleA/CollegeOrganizationInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0247559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01094
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01224
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0162800
IRS990ScheduleA/PublicSupportTotal170Amt0102535
IRS990ScheduleA/SubstantialContributorsTotAmt0145024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147559
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0247559
IRS990ScheduleA/TotalSupportAmt0248783
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,094.
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY KRUSEMARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06052565127
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DSU-SOAR
ReturnHeader/Filer/BusinessNameControlTxt0DSU-
ReturnHeader/Filer/EIN0861818489
ReturnHeader/Filer/PhoneNum06052565127
ReturnHeader/Filer/USAddress/AddressLine1Txt0820 N WASHINGTON AVE
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057042
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0345 N REID PL STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571037034
ReturnHeader/PreparerPersonGrp/PhoneNum06053391999
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURIE HANSON CPA
ReturnHeader/ReturnTs02024-09-10T13:46:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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