UNIVERSITY OF SOUTH DAKOTA FOUNDATION (EIN 466018891) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Principal Officer

NOAH SHEPARD

Phone

6056776703

Tax Period

2024-01-01 to 2024-12-31

UNIVERSITY OF SOUTH DAKOTA FOUNDATION, founded in 1928, is a mid-sized nonprofit in the Education sector that reported $23.4M in total revenue in fiscal year 2018. Revenue decreased 17% compared to the prior year. Expenses of $21.4M left a modest 8% surplus.

Mission

PROVIDE PRIVATE RESOURCES TO BENEFIT THE UNIVERSITY OF SOUTH DAKOTA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,520,743

Program Service Revenue $1,425,875

Investment Income $15,062,491

Other Revenue $200,373

TOTAL REVENUE $38,209,482

Expense Breakdown

Grants Paid $26,600,179

Salaries & Benefits $4,430,086

Fundraising Expenses $3,350,022

Program Expenses $26,600,179

Other Expenses $2,619,347

TOTAL EXPENSES $33,858,071

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,209,482	$28,171,802	+0.4%
Expenses	$33,858,071	$31,652,541	+0.1%
Net Income	$4,351,411	$-3,480,739	-2.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

151

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

$796,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN DOYLE	CHAIR	0.70	Officer Director	$0	$0	$0
LANCE BULTENA	VICE CHAIR	0.70	Officer Director	$0	$0	$0
RYAN TAYLOR	IMMEDIATE PAST CHAIR	0.70	Officer Director	$0	$0	$0
RUSS DOKKEN - BOARD OF	DIRECTORS/INTERIM CEO (FEB-MAY)	10.00	Officer Director	$0	$0	$0
NANCY A GALLAGHER	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
TOM GALLAGHER	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
JACK HOPKINS	BOARD OF DIRECTORS (JAN-OCT)	0.40	Director	$0	$0	$0
DEBORAH PETERS	BOARD OF DIRECTORS (JAN-OCT)	0.40	Director	$0	$0	$0
JULIE JOHNSON	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
KYLE JORGENSEN	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
JAFAR KARIM	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
TERRANCE KURTENBACH	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
BRANDEE SCHULTZ	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
PAUL HANSON	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
NATHAN PETERSON	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
JAMES ABBOTT	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
JUDITH MEIERHENRY	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
MARY NETTLEMAN	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
PATRICK JOHNSON	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
ANDREA THOMPSON	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
TRAVIS HAHLER	BOARD OF DIRECTORS	0.40	Director	$0	$0	$0
GARY FISH	BOARD OF DIRECTORS (OCT-DEC)	0.40	Director	$0	$0	$0
NOAH SHEPARD - VP OF	DEVELOP./PRESIDENT & CEO (MAR-DEC)	45.00	Officer	$213,954	$21,068	$235,022
NICK KOTZEA	SEC/TREAS; COO & GENERAL COUNSEL	45.00	Officer	$195,809	$12,958	$208,767
JAY WILSON	PRESIDENT AND CEO (JAN-FEB)	45.00	Officer	$186,103	$4,207	$190,310
PEGGY MACH	VP OF FINANCE	45.00	Officer	$147,845	$14,164	$162,009
STEPHANIE AUSTIN - VP OF	ADVANCEMENT SERV. & COMMUNICATIONS	45.00	Highest	$120,787	$14,798	$135,585
CHRISTOPHER KASSIN	VP OF CORPORATE & FDTN RELATIONS	45.00	Highest	$144,918	$17,072	$161,990
KELLYNA WARNKE - SENIOR DIR	OF DEVELOPMENT - HEALTH AFFAIRS	45.00	Highest	$126,538	$7,584	$134,122
CYNTHIA CARLSON	ED OF PLANNED GIVING	45.00	Highest	$169,344	$26,352	$195,696
ANDREW CARR	ED OF DEVELOPMENT	45.00	Highest	$144,223	$17,584	$161,807

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	$38,209,482	$33,858,071	$367,452,853	$4,351,411
2023	$28,171,802	$31,652,541	$354,810,157	$-3,480,739
2022	$26,328,274	$25,290,294	$334,981,490	$1,037,980
2021	$26,429,631	$21,833,254	$375,464,262	$4,596,377
2020	$49,591,248	$22,065,023	$352,818,128	$27,526,225
2019	$28,430,716	$27,316,176	$299,140,070	$1,114,540
2018	$23,358,295	$21,434,272	$274,381,578	$1,924,023

UNIVERSITY OF SOUTH DAKOTA FOUNDATION