Civic Intelligence

Baltic Area Development Foundation

990EZ • Fiscal year 2024 • EIN 88-1615184

Jan 01, 2024 to Dec 31, 2024

Organization ProfileN/A
502 Valley View AvenueBaltic, SD 57003

(605) 782-5804

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

2nd percentile

-461%

Higher net margin than 2% 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

9th percentile

-58%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$22,304

Down $106,198 (-83%) from 2022

Net Assets

Down

$22,304

Down $106,198 (-83%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$217

Down $128,885 (-100%) from 2022

Expenses

Up

$1,217

Up $617 (+103%) from 2022

Net Income

Down

-$1,000

Down $129,502 (-101%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$150K$100K$50K$0Assets 2022: $128,502Liabilities 2022: $0Net Assets 2022: $128,5022022Assets 2024: $22,304Net Assets 2024: $22,3042024

Highlighted filing

2024

Assets$22,304
Liabilities-
Net Assets$22,304
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150K$100K$50K$0-$50KRevenue 2022: $129,102Expenses 2022: $600Net Income 2022: $128,5022022Revenue 2024: $217Expenses 2024: $1,217Net Income 2024: -$1,0002024

Highlighted filing

2024

Revenue$217
Expenses$1,217
Net Income-$1,000
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2026
Return Version
2024v5.2
Gross Receipts
$217
Mission and Program Overview

Mission

Economic development of city of baltic, sd

Program Services

DescriptionGrantsExpenses
N/A$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTIAN SWENSONPresident-$0--
KORY ALLENVice President-$0--
DEREK SIMONSENSecretary/Treasurer-$0--
ZACH NEBBENDirector-$0--
DUSTIN STOELDirector-$0--
ALEX LANGERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Baltic Area Development Foundation
EIN
88-1615184
Phone
6057825804
Address
502 VALLEY VIEW AVENUE, BALTIC, SD 57003

Signing Officer

Name
Derek Simonsen
Title
Secretary
Phone
6057825804
Signed
2026-04-14

Preparer

Firm
S & L Inc
Address
8305 E 38th Street, Sioux Falls, SD 57110
Preparer
Steve Isaacson
Raw XML Appendix163 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/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06057825804
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ReturnHeader/Filer/PhoneNum06057825804
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08305 E 38th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sioux Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steve Isaacson
ReturnHeader/ReturnTs02026-04-14T11:58:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$22,304
Liabilities
-
Net assets
$22,304
Revenue
$217
Expenses
$1,217
Net income
-$1,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.22$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$1.29$0.01$1.29