Flandreau Development Corporation

Nonprofit profile at a glance

EIN
363550483
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2022, Form 990-EZ 2025, Form 990-N 2009
Location
Flandreau, SD, USA
Phone
6059972492
Rating
36
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$12,067
Expenses
$27,152
Assets
$381,347
Liabilities
$500

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Mike Witte (President)
  • Kelley Ramsdell (Vice President)

People named in this filing

  • Mike Witte (President)
  • Eric Beltman (Director)
  • Ethan Hill (Director)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dedicated to serve the Flandreau Area by enhancing the economic well-being of the City of Flandreau and its surrounding areas and to improve its quality of life and prosperity.

What it reported doing in 2025

Enhance economic well-being of the Flandreau and the surrounding area.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 2
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.9%; rating input score 3
  • Program expense ratio: 1.3%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -125%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 14.04; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -147.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -10.8% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -4.4% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 2.9% of revenue deployed · 1.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $346 in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 3/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.