Black Hills Area Community Foundation
EIN: 363608635 · Rapid City, SD · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $32.8M |
| Total Expenses | $7.3M |
| Net Assets | $42.3M |
Is Black Hills Area Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Hills Area Community Foundation
Black Hills Area Community Foundation (EIN: 363608635) is a nonprofit organization based in Rapid City, SD, classified under NTEE code T31. The organization reported total revenue of $32.8M and total assets of $66.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Hills Area Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Hills Area Community Foundation is a large nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $7.3M |
| Surplus / Deficit | +$34K |
| Total Assets | $56.0M |
| Total Liabilities | $13.7M |
| Net Assets | $42.3M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 24.5% |
| Months of Reserves | 92.0 months |
Financial Health Grade: A
In 2023, Black Hills Area Community Foundation reported a surplus of $34K with revenue exceeding expenses, holds 92.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Black Hills Area Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.6% | +38.4% | +4.8% |
| 2022 | +35.5% | +50.3% | +14.3% |
| 2021 | +110.6% | -29.2% | +53.2% |
| 2020 | -40.8% | -32.7% | +1.6% |
| 2019 | +30.0% | +171.1% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Hills Area Community Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Black Hills Area Community Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.5%.
Frequently Asked Questions about Black Hills Area Community Foundation
Is Black Hills Area Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Hills Area Community Foundation (EIN: 363608635) insufficient data. 0 red flags identified, 0 strengths noted.
How does Black Hills Area Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Black Hills Area Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Black Hills Area Community Foundation tax-deductible?
Black Hills Area Community Foundation is registered as a tax-exempt nonprofit (EIN: 363608635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Black Hills Area Community Foundation located?
Black Hills Area Community Foundation is headquartered in Rapid City, South Dakota and files with the IRS under EIN 363608635. It is classified under NTEE code T31.
How many years of IRS 990 filings does Black Hills Area Community Foundation have?
Black Hills Area Community Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $32.8M in total revenue.
Filing History
IRS 990 filing history for Black Hills Area Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Black Hills Area Community Foundation's revenue has grown by 493.3%, moving from $1.2M to $7.3M. Total assets increased by 562.8% over the same period, from $8.5M to $56.0M. Total functional expenses rose by 775.2%, from $835K to $7.3M. In its most recent filing year (2023), Black Hills Area Community Foundation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $13.7M in liabilities against $56.0M in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $42.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $7.3M | $56.0M | $13.7M | — | — |
| 2022 | $16.9M | $5.3M | $53.4M | $15.3M | — | — |
| 2021 | $12.5M | $3.5M | $46.8M | $13.4M | — | View 990 |
| 2020 | $5.9M | $5.0M | $30.5M | $8.6M | — | View 990 |
| 2019 | $10.0M | $7.4M | $30.1M | $11.1M | — | View 990 |
| 2018 | $7.7M | $2.7M | $25.7M | $9.9M | — | View 990 |
| 2017 | $4.0M | $2.5M | $22.5M | $10.4M | — | View 990 |
| 2016 | $3.6M | $3.0M | $15.5M | $5.1M | — | View 990 |
| 2015 | $4.1M | $2.2M | $14.0M | $4.2M | — | View 990 |
| 2014 | $3.6M | $6.2M | $13.2M | $4.5M | — | View 990 |
| 2013 | $6.4M | $1.9M | $16.0M | $4.6M | — | View 990 |
| 2012 | $2.7M | $911K | $11.0M | $4.0M | — | View 990 |
| 2011 | $1.2M | $835K | $8.5M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $7.3M, and assets of $56.0M (revenue -56.6% year-over-year).
- 2022: Revenue of $16.9M, expenses of $5.3M, and assets of $53.4M (revenue +35.5% year-over-year).
- 2021: Revenue of $12.5M, expenses of $3.5M, and assets of $46.8M (revenue +110.6% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.0M, and assets of $30.5M (revenue -40.8% year-over-year).
- 2019: Revenue of $10.0M, expenses of $7.4M, and assets of $30.1M (revenue +30.0% year-over-year).
- 2018: Revenue of $7.7M, expenses of $2.7M, and assets of $25.7M (revenue +92.8% year-over-year).
- 2017: Revenue of $4.0M, expenses of $2.5M, and assets of $22.5M (revenue +11.6% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.0M, and assets of $15.5M (revenue -11.7% year-over-year).
- 2015: Revenue of $4.1M, expenses of $2.2M, and assets of $14.0M (revenue +11.7% year-over-year).
- 2014: Revenue of $3.6M, expenses of $6.2M, and assets of $13.2M (revenue -43.4% year-over-year).
- 2013: Revenue of $6.4M, expenses of $1.9M, and assets of $16.0M (revenue +140.3% year-over-year).
- 2012: Revenue of $2.7M, expenses of $911K, and assets of $11.0M (revenue +115.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $835K, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Hills Area Community Foundation:
Data Sources and Methodology
This transparency report for Black Hills Area Community Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.