DELL RAPIDS DEVELOPMENT COMPANY (EIN 460385169) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

DAN KLEIN

Tax Period

2024-05-01 to 2025-04-30

DELL RAPIDS DEVELOPMENT COMPANY, founded in 1967, is a small nonprofit in the Community Improvement sector that reported $129K in total revenue in fiscal year 2017. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $103K, a strong 80% operating margin.

Mission

PROMOTION OF NEW BUSINESS ACTIVITY AND THE EXPANSION OF EXISTING BUSINESSES IN THE CITY OF DELL RAPIDS, SOUTH DAKOTA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $105,000

Program Service Revenue $0

Investment Income $41,699

Other Revenue $51,351

TOTAL REVENUE $198,050

Expense Breakdown

Grants Paid $27,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $225,910

Other Expenses $198,410

TOTAL EXPENSES $225,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$198,050	$154,387	+0.3%
Expenses	$225,910	$201,212	+0.1%
Net Income	$-27,860	$-46,825	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN KLEIN	PRESIDENT	10.00	Officer Director	$0	$0	$0
MITCH MERGEN	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
TARAH BURGGRAFF	SECRETARY/TR	5.00	Officer Director	$0	$0	$0
COLIN KARST	DIRECTOR	5.00	Director	$0	$0	$0
ADAM AMUNDSON	DIRECTOR	5.00	Director	$0	$0	$0
CHAD RONSHAUGEN	DIRECTOR	5.00	Director	$0	$0	$0
CHAD STROSCHEIN	DIRECTOR	5.00	Director	$0	$0	$0
STEVE CLARKE	DIRECTOR	5.00	Director	$0	$0	$0
GRANT OLSON	DIRECTOR	5.00	Director	$0	$0	$0

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	$198,050	$225,910	$1,623,169	$-27,860
2024	$154,387	$201,212	$1,852,309	$-46,825
2023	$346,521	$27,137	$1,908,579	$319,384
2022	$100,048	$18,213	$1,627,470	$81,835
2021	$139,122	$29,361	$1,556,010	$109,761
2020	$103,771	$26,509	$1,522,996	$77,262
2019	$106,082	$33,604	$1,456,109	$72,478
2018	$128,852	$25,957	$1,458,796	$102,895

DELL RAPIDS DEVELOPMENT COMPANY