Love Inc of the Black Hills

What it reported doing in 2025

Hill city/keystone branch: they hosted a life inc series, with 24 participants attending various classes. Two individuals successfully completed budget mentoring sessions. Five local churches are supporting and actively involved with love inc hill city/keystone. They hosted a life inc series, with 24 participants attending various classes. Two individuals successfully completedbudget mentoring sessions. Five local churches are supporting and actively involved with love inc hill city/keystone. During the summer, the community kids closet organized a clothing swap, serving 135 kids and 50 families. A total of 167 bags of clothing were distributed.sturgis: the sturgis location hosted life inc, where 19 adults attended classes, and volunteers contributed 190 hours of their time. Additionally, the location served families through theclothes-a-kid for school program, providing new clothing for 14 children. A total of 7 volunteers contributed 28 hours to this effort. The changed diaper ministry also made an impact by helping moms with diapers for their children, distributing over 300 diapers in 2025.after school: the after-school program is designed for middle school-aged kids, offering mentorship and life skills training led by church volunteers and high school juniors and seniors who have graduated from the program. Currently hosted at two churches in rapidcity, the program provides a safe, supportive environment where kids can build confidence, develop essential skills like time management and communication, and form meaningful connections with caring mentors. The focus is on personal growth, leadership, and preparing students for future success, while fostering a sense of community and belonging. In 2025, the program served 555 unique students, with 32 volunteers contributing 1,974 volunteer hours. The total number of individual visits was 5,359

Financial Efficiency

• Mission deployment rate: 93.8%; rating input score 94
• Program expense ratio: 85.9%; rating input score 86
• Fundraising efficiency: $20.03 raised per $1 spent on fundraising; rating input score 55; 55th 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 12.6%; rating input score 61; 61st percentile among comparable filings
• Total-asset coverage ratio: 3.78; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 30; 30th percentile among comparable filings
• Officer compensation ratio: 8.1%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 13% per year; rating input score 100; 67th percentile among comparable filings
• Revenue growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 15.9% per year; rating input score 100; 71st percentile among comparable filings