Sioux Falls Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,203,100 | 1,262,719 | −59,619 | 177.1 | 53% |
| 2012 | 1,066,353 | 1,286,196 | −219,843 | 166.9 | 50% |
| 2013 | 2,111,081 | 1,488,024 | 623,057 | 143.5 | 40% |
| 2014 | 1,255,385 | 1,362,683 | −107,298 | 149.4 | 47% |
| 2015 | 3,870,730 | 1,401,015 | 2,469,715 | 184.7 | 47% |
| 2016 | 1,611,966 | 2,043,102 | −431,136 | 120.1 | 40% |
| 2017 | 4,820,207 | 1,786,831 | 3,033,376 | 160.1 | 52% |
| 2018 | 3,607,690 | 1,865,055 | 1,742,635 | 164.1 | 48% |
| 2019 | 2,815,234 | 1,975,688 | 839,546 | 159.7 | 49% |
| 2020 | 3,201,901 | 1,926,973 | 1,274,928 | 218.2 | 49% |
| 2021 | 7,701,176 | 2,269,051 | 5,432,125 | 232.9 | 43% |
| 2022 | 9,616,434 | 2,147,692 | 7,468,742 | 256.9 | 51% |
| 2023 | 16,811,116 | 2,831,082 | 13,980,034 | 255.8 | 40% |
In its most recent public year (2023), this organization brought in $13,980,034 more than it spent. Its reserves stood at about 255.8 months of spending, up from 177.1 in 2011. Staff pay was 40% of spending. $3,500,067 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Sioux Falls Development Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works