Form 990 for tax year 2024
Filed by SOUTH DAKOTA PARTNERS IN EDUCATION.
Totals
- Total revenue
- $5,086,176
- Total expenses
- $4,203,658
- Contributions and grants received
- $5,004,015
- Grants paid
- $3,943,288
- Program service revenue
- $0
- Investment income
- $82,161
- Other revenue
- $0
- Total assets, end of year
- $1,540,893
- Total liabilities, end of year
- $23
- Net assets or fund balances, end of year
- $1,540,870
- Program services expenses (Part IX)
- $4,009,621
- Management and general expenses
- $111,241
- Fundraising expenses
- $82,796
- Program service expenses (Part III)
- $4,009,621
Program services were 95.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,004,015
-
3 · Investment income
total $82,161 · excluded $82,161
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $3,943,288 · program services $3,943,288
-
5 · Compensation of officers, directors and key employees
total $102,550 · program services $5,127 · management and general $20,510 · fundraising $76,913
-
7 · Other salaries and wages
total $63,561 · program services $54,027 · management and general $9,534
-
10 · Payroll taxes
total $12,706 · program services $4,525 · management and general $2,298 · fundraising $5,883
-
11c · Fees: accounting
total $51,377 · management and general $51,377
-
12 · Advertising and promotion
total $279 · program services $279
-
13 · Office expenses
total $6,205 · program services $389 · management and general $5,816
-
14 · Information technology
total $21,685 · program services $1,986 · management and general $19,699
-
17 · Travel
total $733 · management and general $733
-
23 · Insurance
total $1,274 · management and general $1,274
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $40,976 · end of year $11,076
-
2 · Savings and temporary cash investments
beginning of year $626,815 · end of year $1,528,974
-
9 · Prepaid expenses and deferred charges
beginning of year $1,329 · end of year $843
-
17 · Accounts payable and accrued expenses
beginning of year $10,768 · end of year $23
-
27 · Net assets without donor restrictions
beginning of year $658,352 · end of year $1,540,870
Mission and programs · 2024
Mission
NONE
Activities or mission (Part I)
EMPOWERS PARENTS WITH TUITION SUPPORT TO CHOOSE THE SCHOOL THAT'S RIGHT FOR THEIR CHILDREN, REGARDLESS OF COST.
-
THIS PROGRAM ALLOWS INSURANCE COMPANIES TO RECEIVE TAX CREDITS WHEN THEY CONTRIBUTE TO A NONPROFIT SCHOLARSHIP GRANTING ORGANIZATION (SGO). THE SGO THEN USES THESE CONTRIBUTIONS TO PROVIDE K-12 PRIVATE SCHOOL SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED ON DOCUMENTED INCOME ELIGIBILITY REQUIREMENTS.
Expenses $4,009,621 · Grants $3,943,288
As filed on the 2024 return.
Listed in Part VII
-
Robert SatterROBERT SATTER
EXECUTIVE DIRECTOR
- Total calculated
- $102,550
- From this org
- $102,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Tom CinkTOM CINK
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Daniel R FritzDANIEL R FRITZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Brian GoschBRIAN GOSCH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis HeinemannPHYLLIS HEINEMANN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Lisa BeacomLISA BEACOM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Al KjenstadAL KJENSTAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dustin StrandeDUSTIN STRANDE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543079349302379
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