Black Hills Works Inc
Nonprofit profile at a glance
- EIN
- 460341382
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Rapid City, SD, USA
- Phone
- 6057186200
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Vocational Rehabilitation
Reported finances
- Revenue
- $50,094,090
- Expenses
- $48,693,180
- Assets
- $25,241,380
- Liabilities
- $6,111,582
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- DEAN AURAND (BOARD PRESIDENT)
- JESS PEKARSKI (BOARD VICE PRESIDENT)
- BRADLEY SAATHOFF (CEO)
- ANDREA SERNA (FOUNDATION PRESIDENT)
Highest reported compensation
- BRADLEY SAATHOFF (CEO): $323,918 total reported compensation
- ANDREA SERNA (FOUNDATION PRESIDENT): $168,101 total reported compensation
- MARY DUNCAN (CFO): $152,564 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Creating a community where everyone participates to achieve a life of full potential.
What it reported doing in 2024
For over six decades, black hills works has provided homes, employment, recreation, and social outlets for adults with disabilities. Today, we support almost 600 people with a wide array of disabilities, creating a community where everyone participates to achieve a life of full potential.above all, black hills works is a person-centered agency. We put the people we support at the center of our agency and the decisions and planning that impact their lives. To help people self-direct their lives, we provide education, exposure, and experiences so that they can determine their own goals, and provide the supports they need to achieve their dreams.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.1%; rating input score 83
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: $2.86 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.8%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 83.1% of revenue deployed · 85.1% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $41.4M in reported program spending
- Leadership: top reported pay $324K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $494K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.