NAMI SOUTH DAKOTA

EIN: 363593027 501(c)(3)

SIOUX FALLS, SD

Total Revenue
$191,296
Total Expenses
$295,789
Total Assets
$127,194
Net Assets
$121,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
SD
Principal Officer
SHERI NELSON
Phone
6052711871
Tax Period
2025-01-01 to 2025-12-31

NAMI SOUTH DAKOTA, founded in 1988, is a small nonprofit that reported $191K in total revenue in fiscal year 2025. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $296K exceeded revenue, resulting in a 55% operating deficit.

Mission

THE MISSION OF NAMI SOUTH DAKOTA IS TO PROVIDE EDUCATION, SUPPORT, AND ADVOCACY FOR INDIVIDUALS AND FAMILIES IMPACTED BY MENTAL ILLNESS.

Program Service Accomplishments

Program 1
Expenses: $209,026 Revenue: $4,074

THE MISSION OF NAMI SD IS ACCOMPLISHED THROUGH PUBLIC AWARENESS PRESENTATIONS, EDUCATION CLASSES, STRUCTURED SUPPORT GROUPS AND AN ANNUAL EDUCATIONAL CONFERENCE. INFORMATION IS PROVIDED THROUGH...

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THE MISSION OF NAMI SD IS ACCOMPLISHED THROUGH PUBLIC AWARENESS PRESENTATIONS, EDUCATION CLASSES, STRUCTURED SUPPORT GROUPS AND AN ANNUAL EDUCATIONAL CONFERENCE. INFORMATION IS PROVIDED THROUGH SOCIAL MEDIA, A WEBSITE AND QUARTERLY NEWSLETTERS, AS WELL AS COMMUNITY MEETINGS OPEN TO THE GENERAL PUBLIC. WE PROVIDED ASSISTANCE TO COMMUNITY LAW ENFORCEMENT TRAININGS AND EMPLOYER MENTAL HEALTH TRAINING. WE PROVIDED MORE THAN 1500 PHONE REFERRALS. OUR ANNUAL CONFERENCE SERVED 80 INDIVIDUALS. MORE THAN 4,700 PEOPLE WERE REACHED BY SIGNATURE PROGRAMS AND 2,000 MORE BY COMMUNITY EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $188,331
Program Service Revenue $3,705
Investment Income $187
Other Revenue $-927
TOTAL REVENUE $191,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,901
Fundraising Expenses $12,382
Program Expenses $209,026
Other Expenses $131,888
TOTAL EXPENSES $295,789

Year-over-Year Comparison

2025 2024 Change
Revenue $191,296 $328,471 -0.4%
Expenses $295,789 $281,201 +0.1%
Net Income $-104,493 $47,270 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$89,258
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE LUETH PRESIDENT (END 11/2025) 1.00
Officer Director
$0 $0 $0
KELLY BASS VICE PRESIDENT (END 11/2025) 1.00
Officer Director
$0 $0 $0
TINA MORRIS TREASURER (END 11/2025) 1.00
Officer Director
$0 $0 $0
KELSEY SJAARDA SECRETARY (END 11/2025) PRESIDENT (BEGIN 12/2025) 1.00
Officer Director
$0 $0 $0
NORA LEINEN TREASURER (BEGIN 12/2025) 1.00
Director
$0 $0 $0
JOSH REINFELD SECRETARY (BEGIN 12/2025) 1.00
Director
$0 $0 $0
SHERI NELSON EXECUTIVE DIRECTOR 40.00
Officer
$78,000 $11,258 $89,258
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $191,296 $295,789 $127,194 $-104,493
2024 $328,471 $281,201 $225,968 $47,270
2023 $224,150 $293,360 $212,649 $-69,210
2022 $390,283 $375,232 $230,212 $15,051
2021 $367,574 $443,083 $231,307 $-75,509
2020 $378,458 $471,810 $301,084 $-93,352
2019 $428,505 $432,570 $370,200 $-4,065
2018 $373,388 $268,158 $356,712 $105,230
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