SOUTH DAKOTA NEWS WATCH

EIN: 814674814 501(c)(3) Arts, Culture & Humanities

BROOKINGS, SD

Total Revenue
$610,806
Total Expenses
$524,802
Total Assets
$545,540
Net Assets
$543,989
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
SD
Principal Officer
TRAVIS RHOADES
Phone
6052156225
Tax Period
2024-01-01 to 2024-12-31

SOUTH DAKOTA NEWS WATCH, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $334K in total revenue in fiscal year 2019. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 36% operating margin.

Mission

SOUTH DAKOTA NEWS WATCH REPORTS UNTOLD STORIES THAT HELP SOUTH DAKOTANS BE INFORMED AND ENGAGED CITIZENS. SOUTH DAKOTA NEWS WATCH PRODUCES INVESTIGATIVE AND PUBLIC SERVICE JOURNALISM THAT SHEDS LIGHT ON THE PEOPLE, COMMUNITIES, INSTITUTIONS, GOVERNMENTS, ISSUES, CONCERNS, HEALTH, AND GENERAL WELFARE OF SOUTH DAKOTA.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $569,707
Program Service Revenue $0
Investment Income $8,641
Other Revenue $32,458
TOTAL REVENUE $610,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $392,815
Fundraising Expenses $41,814
Program Expenses $423,893
Other Expenses $131,987
TOTAL EXPENSES $524,802

Year-over-Year Comparison

2024 2023 Change
Revenue $610,806 $446,390 +0.4%
Expenses $524,802 $547,308 0.0%
Net Income $86,004 $-100,918 -1.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
6
Volunteers
15

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
$162,649
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK MARSH DIRECTOR 4.00
Director
$0 $0 $0
MARCI BURDICK CHAIR 4.00
Officer Director
$0 $0 $0
TRAVIS RHOADES TREASURER 1.50
Officer Director
$0 $0 $0
JON HUNTER SECRETARY 1.50
Officer Director
$0 $0 $0
RANDELL BECK DIRECTOR 1.50
Director
$0 $0 $0
NANCY TURBAK BERRY DIRECTOR 1.50
Director
$0 $0 $0
CHRISTINE HAMILTON DIRECTOR 1.50
Director
$0 $0 $0
ARNOLD GARSON DIRECTOR 1.50
Director
$0 $0 $0
CORY MYERS DIRECTOR 1.50
Director
$0 $0 $0
TIMOTHY WALTNER DIRECTOR 1.50
Director
$0 $0 $0
NICK KOTZEA VICE CHAIR 2.50
Officer Director
$0 $0 $0
STEPHANY CHALBERG DIRECTOR 1.50
Director
$0 $0 $0
KRISTI HINE DIRECTOR 1.50
Director
$0 $0 $0
JANELLE TOMAN DIRECTOR 1.50
Director
$0 $0 $0
DEBRA JENSEN DIRECTOR 1.50
Director
$0 $0 $0
CARSON WALKER CEO 50.00
Officer
$131,673 $30,976 $162,649
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 $610,806 $524,802 $545,540 $86,004
2023 $446,390 $547,308 $453,608 $-100,918
2022 $551,771 $366,152 $543,416 $185,619
2021 $360,078 $303,526 $356,585 $56,552
2020 $329,011 $270,520 $299,681 $58,491
2019 $334,356 $213,290 $241,190 $121,066
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