South Dakota Bankers Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 170,940 | 49,070 | 121,870 | 778.2 | 0% |
| 2022 | 133,494 | 87,264 | 46,230 | 374.0 | 0% |
| 2023 | 69,573 | 2,870 | 66,703 | 12560.3 | 0% |
| 2024 | 94,142 | 96,510 | −2,368 | 408.3 | 0% |
In its most recent public year (2024), this organization spent $2,368 more than it brought in. Its reserves stood at about 408.3 months of spending, down from 778.2 in 2021. Staff pay was 0% of spending.
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 2024. 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
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