Dsu-soar

Nonprofit profile at a glance

EIN
861818489
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Madison, SD, USA
Phone
6052565127
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$132,172
Expenses
$75,046
Assets
$170,982
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DR JOSE-MARIE GRIFFITHS (CHAIR/DSU PRESIDENT)
  • DR RICHARD HANSON (PRESIDENT)
  • DR REBECCA HOEY (VICE PRESIDENT)

People named in this filing

  • DR JOSE-MARIE GRIFFITHS (CHAIR/DSU PRESIDENT)
  • DR RICHARD HANSON (PRESIDENT)
  • DR REBECCA HOEY (VICE PRESIDENT)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2024

Dsu-soar provided a 4-hour professional development training on october 22nd, 2024. Topics covered included (1) the transformative power of technology in real estate, (2) building mental resilience, (3) implicit bias in real estate, and (4) navigating conflict in real estate transactions. The training was provided at ft. Pierre, South Dakota.

Operating model

Revenue model
Earned-program. 60% 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.9%; rating input score 54
  • Program expense ratio: 96.8%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 43.2%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.28; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 28.8% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 49.7% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 53.9% of revenue deployed · 96.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $73K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.