South Dakota · Nonprofit
DAKOTA RESOURCES
DAKOTA RESOURCES (South Dakota) receives grants from 7 organizations whose IRS filings report $3,000,728 to it, the largest being NORTHWEST AREA FOUNDATION ($1,007,501). 6 of them have funded it in more than one year.
- Revenue FY2024
- $4.9M
- Funders on record
- 7
- Grants received
- $3.0M
- Net assets
- $17M
What Dakota Resources does
Mission
Dakota Resources in connecting capital and capacity to empower rural communities. We believe that leadership capacity and access to capital are key to creating the future of rural. Our products and programs are aimed at supporting rural change leaders and economic development organizations toward thriving communities.
As stated on its FY2024 Form 990.
Programs
Through community development loan products, Dakota Resources helps build the financial capacity of rural economic development corporations and revolving loan funds. Our capital investment fund (cif) is a $37.2 million lending pool making flexible capital available to finance local development projects. The cif was 94.7% deployed at the end of 2024. It is a significant source of flexible capital for rural economic development corporations and revolving loan funds in the state, along with rural cdfis across the nation, providing reasonably priced, unsecured capital on a ten-year interest-only term.Dakota Resources received a $10 million allocation from usda rural development under the community facility re-lending program to re-lend into essential community facilities in communities under 20,000 across south dakota. Through this program, Dakota Resources has invested $4.75 million to provide essential community facilities in rural south dakota.Dakota Resources rbeg loan fund provides flexible low-cost capital to second-stage small business owners across the state of south dakota.
$1,301,817 spentof which $888 as grants$1,349,126 earned by the program54% of program spendingThrough capacity building programs, Dakota Resources helps rural communities thrive through innovative processes, tools, training, and resources. The development services programs are designed to enhance rural community and economic development leadership development. The Dakota Resources learning network is designed to help rural economic development leaders connect and engage with one another in order to learn faster together about topics that matter most to rural economic and community development, including engaging people, supporting housing development, supporting local businesses and managing local economic development organizations. The learning network includes: - live/on-demand webinars - in-person peer-to-peer learning conferences - weekly online interactive stories and best practices - open-source toolkits and resource library our community coaching program helps rural community and economic development leaders to level up their skills to empower local people and organizations to lead action. On-demand coaching services provide access to capacity-building tools and processes.
$1,021,271 spentof which $2,152 as grants$137,791 earned by the program42% of program spendingDakota Resources owns 51% of dakotas america, llc, which was formed through a joint venture solely for the purpose of applying for allocations of new markets tax credits (nmtc) from the us department of treasury cdfi fund. Dakotas america, llc is a rural community development entity (cde) with a national service area. The mission is to provide nmtc investment to the most isolated, distressed and underserved areas of the united states. Dakota Resources has a management agreement in place to manage dakotas america through december 31, 2024. Since inception, dakotas america has been awarded seven allocations of authority to issue $460,000,000 of qualified equity investments (qei).
$89,488 spent$880,640 earned by the program4% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,412,576.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $22M to $30M (+34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 39% · 2018 18% · 2019 3% · 2020 19% · 2021 60% · 2022 17% · 2023 17% · 2024 26%. Grants only. Government contracts and fees sit inside program revenue.
46% of DAKOTA RESOURCES’s revenue is contributions — about as donation-reliant as the typical peer (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Mark Litton
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $15k → $195k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of DAKOTA RESOURCES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DAKOTA RESOURCES leans on a few funders — its largest provides 34% of grant income and the top three 75%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DAKOTA RESOURCES.
Largest funder’s share by year: 2017 67% · 2018 92% · 2019 54% · 2020 52% · 2021 47% · 2022 47% · 2023 82% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
DAKOTA RESOURCES draws 91% of its grant income from funders outside South Dakota, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $553k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DAKOTA RESOURCES runs a healthier operating margin than three-quarters of the 2,399 religion nonprofits its size.
this organization peer median middle 50% of peers· 2,399 religion nonprofits $1M–$10M, FY2024
Government funding DAKOTA RESOURCES receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.9M on record.
- Department of the Treasury$4.9M
- Department of Agriculture$1.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like DAKOTA RESOURCES
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 33 related entities
- Dakotas America LLC · partnership
- Dakotas Xvii LLC · partnership
- Dakotas Xix LLC · partnership
- Dakotas Xxllc · partnership
- Dakotas Xxi LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for DAKOTA RESOURCES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DAKOTA RESOURCES?
- DAKOTA RESOURCES (South Dakota) receives grants from 7 organizations whose IRS filings report $3,000,728 to it, the largest being NORTHWEST AREA FOUNDATION ($1,007,501). 6 of them have funded it in more than one year.
- How many funders does DAKOTA RESOURCES have?
- IRS filings report 7 organizations giving $3,000,728 in grants to DAKOTA RESOURCES, 6 of which have funded it in more than one year.
- Who is the largest funder of DAKOTA RESOURCES?
- NORTHWEST AREA FOUNDATION is the largest funder on record, with $1,007,501 in grants. The full list of funders is on this page.
- How can an organization like DAKOTA RESOURCES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing