BLACK HILLS STOCK SHOW FOUNDATION

EIN: 460441565 501(c)(3) Food, Agriculture & Nutrition

RAPID CITY, SD

Total Revenue
$105,935
Total Expenses
$116,508
Total Assets
$227,500
Net Assets
$220,015
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
SD
Principal Officer
LYNN HUSMAN
Phone
6057180810
Tax Period
2024-01-01 to 2024-12-31

BLACK HILLS STOCK SHOW FOUNDATION, founded in 1993, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $106K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $220K represent 25 months of operating reserves.

Mission

THE FOUNDATION WAS ESTABLISHED IN 1993 TO ADMINISTER YOUTH SCHOLARSHIPS AND GRANT PROGRAMS TO BENEFIT COMMUNITIES IN OUR REGION AND ORGANIZATIONS THAT SUPPORT THE AGRICULTURE INDUSTRY. WITH THE NEW NAME CHANGE, THE WESTERN LEGACY FOUNDATION WILL CONTINUE TO DEDICATE COUNTLESS HOURS TO KEY FUNDRAISING EVENTS THAT PROVIDE THE FUNDS NEEDED TO SUPPORT THESE EFFORTS.

Program Service Accomplishments

Program 1
Expenses: $77,095

PROMOTE AND ENCOURAGE AGRICULTURE, HORTICULTURE, MINING, MECHANICS AND MANUFACTURERS, STOCKRAISING, AND GENERAL DOMESTIC INDUSTRY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $145,596
Program Service Revenue $0
Investment Income $-3,005
Other Revenue $-36,656
TOTAL REVENUE $105,935

Expense Breakdown

Grants Paid $73,125
Salaries & Benefits $0
Fundraising Expenses $12,764
Program Expenses $77,095
Other Expenses $43,383
TOTAL EXPENSES $116,508

Year-over-Year Comparison

2024 2023 Change
Revenue $105,935 $91,239 +0.2%
Expenses $116,508 $109,511 +0.1%
Net Income $-10,573 $-18,272 -0.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN HUSMAN PRESIDENT 1.50
Officer Director
$0 $0 $0
TIFFANI ROBERTSON VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
TRAVIS BECHEN TREASURER 1.50
Officer Director
$0 $0 $0
TERRY TAYLOR SECRETARY 0.75
Officer Director
$0 $0 $0
BRUCE BLAIR HISTORIAN 0.75
Officer Director
$0 $0 $0
SCOTT SHOUN DIRECTOR 0.75
Director
$0 $0 $0
CLAY CROSS DIRECTOR 0.75
Director
$0 $0 $0
JEFF CULLUM DIRECTOR 0.75
Director
$0 $0 $0
LISA HAMMERSTROM DIRECTOR 0.75
Director
$0 $0 $0
LES SHAW DIRECTOR 0.75
Director
$0 $0 $0
EDDIE RYPKEMA DIRECTOR 0.75
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
2024 $105,935 $116,508 $227,500 $-10,573
2023 $91,239 $109,511 $234,114 $-18,272
2022 $111,031 $99,501 $251,664 $11,530
2021 $125,108 $60,164 $237,385 $64,944
Explore More Nonprofits
→Top 100 Nonprofits in South Dakota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BLACK HILLS STOCK SHOW FOUNDATION with other nonprofits in South Dakota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.