Black Hills Works Foundation Inc

Nonprofit profile at a glance

EIN
460363653
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Rapid City, SD, USA
Phone
6057186201
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,322,850
Expenses
$2,631,298
Assets
$39,411,693
Liabilities
$847,504

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • INGRID REUTER (BOARD VICE PRESIDENT)
  • CORTNEY FICKEN (BOARD PRESIDENT)

People named in this filing

  • BRAD SAATHOFF (BOARD TREASURER)
  • ERIC CHRISTIANSON (LIAISON)
  • CHRIS LONG (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The black hills works foundation, inc. Is committed to enriching the lives of people with intellectual and developmental disabilities now and into the future. This is accomplished through resource development, creating awareness, providing advocacy, engaging supporters, and managing assets to support their immediate and long-term needs.

What it reported doing in 2025

Black hills works foundation, inc. Secured resources that supported the needs of more than 480 adults with intellectual and developmental disabilities. Resources were secured through community donations, grant income, sponsorships, fundraising events, in-kind gifts, and securities and interest. In 2025, these resources helped fulfill 1,071 needs for 498 individuals, based on financial need. This included requests to meet individual goals and to provide items vital to participants' quality of life, including groceries, hygiene and incontinence products, medical co-pays, rent abatement, transportation, employment supports, wellness activities, community-based recreation inclusion opportunities, and arts expression. Housing was also provided for more than 60 people through affordable housing options owned and operated by the foundation, as well as investment in new housing to support the needs of future residents. Participant stories of achievements and activities were shared through social media, presentations, and events, including the 24 individuals celebrated at the foundation's annual fundraising gala. More information about the foundation and its support of adults with intellectual and developmental disabilities can be found at https://www.blackhillsworks.org/get-involved/foundation/.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.8%; rating input score 78
  • Program expense ratio: 64%; rating input score 64
  • Fundraising efficiency: $1.69 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20.8%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 14.98; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 77.8% of revenue deployed · 64% of spending went to programs
  • Governance: 15 of 15 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.7M in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Highest-paid contractors: 3 contractors listed · $1.2M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 4/100.