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South Dakota · Nonprofit

GROW SOUTH DAKOTA

GROW SOUTH DAKOTA (South Dakota) receives grants from 13 organizations whose IRS filings report $2,110,256 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($570,500). 7 of them have funded it in more than one year.

Revenue FY2025
$3.9M
Funders on record
13
Grants received
$2.1M
Net assets
$-2589
7/13 repeat funderspeak grant-dependency 28%
01What it does

What Grow South Dakota does

Mission

Grow South Dakota is a nonprofit corporation whose primary objective is to promote and foster economic growth, housing development, and educational opportunities in distressed communities and underserved markets in south dakota.

As stated on its FY2025 Form 990.

Programs

  1. New market tax credit program: Grow South Dakota owns and leases two school buildings to oglala lakota school district through the year.

    $938,288 spent$545,894 earned by the program
    33% of program spending
  2. Housing: Grow South Dakota owns a 60 unit hud property in milbank, south dakota. The project is currently managed by mills property management and consists of 30 one-bedroom elderly units and 30 family two- and three- bedroom units in town house structures. The organization made 95 on- balance sheet housing loans totaling 1,586,529. The organization also assisted 61 home owners with housing rehab on existing property that totaled 690,574 in repairs.

    $1,567,230 spentof which $690,574 as grants$279,564 earned by the program
    55% of program spending
  3. Business revolving loan funds: in fy2025, Grow South Dakota made 18 business loans totaling 1,352,500 creating or retaining 38 jobs through the revolving loan fund. The organization provides technical assistance to all applicants.

    $258,293 spent$939,492 earned by the program
    9% of program spending
  4. Grow South Dakota assisted one non-profit organization by making available 8 vehicles and one piece of equipment to further that organization's work in low-income weatherization and housing rehabilitation. Grow South Dakota was also involved in some programs that will further their work in community engagement.

    $110,423 spentof which $48,313 as grants$41,934 earned by the program
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,874,234.

02The organization over time

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.

100 = 20172017 Revenue 100 ($3.2M) Expenses 100 ($3.8M) Net assets -68 ($-2112309)2018 Revenue 344 ($11M) Expenses 151 ($5.8M) Net assets 100 ($3.1M)2019 Revenue 210 ($6.7M) Expenses 56 ($2.2M) Net assets 248 ($7.7M)2020 Revenue 145 ($4.6M) Expenses 56 ($2.1M) Net assets 329 ($10M)2021 Revenue 149 ($4.8M) Expenses 74 ($2.9M) Net assets 392 ($12M)2022 Revenue 192 ($6.2M) Expenses 98 ($3.7M) Net assets 469 ($14M)2023 Revenue 97 ($3.1M) Expenses 71 ($2.7M) Net assets 18 ($570k)2024 Revenue 311 ($10.0M) Expenses 75 ($2.9M) Net assets 248 ($7.7M)2025 Revenue 122 ($3.9M) Expenses 79 ($3.0M) Net assets 0 ($-2589)
'17'18'19'20'21'22'23'24'25
Revenue (122)Expenses (79)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $37M to $67M (+82%).

$50M
$32M
$37M
$67M
$68M
$70M
$57M
$82M
$75M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 30% · 2018 10% · 2019 21% · 2020 50% · 2021 41% · 2022 38% · 2023 34% · 2024 73% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.

51% of GROW SOUTH DAKOTA’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$636k
’17
$5.2M
’18
$4.6M
’19
$2.5M
’20
$1.9M
’21
$2.4M
’22
$373k
’23
$7.1M
’24
$857k
’25
30
months of
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.

'17'18'19'20'21'22'23'24'25
Listed101010101110101212
Joined·+0+1+1+1+1+1+2+0
No longer listed·01102100
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income fell $903k → $180k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 GROW SOUTH DAKOTA’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

GROW SOUTH DAKOTA leans on a few funders — its largest provides 27% of grant income and the top three 68%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

68% 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 GROW SOUTH DAKOTA.

27%
largest funder
68%
top three
~5
effective funders

Largest funder’s share by year: 2017 63% · 2018 99% · 2019 83% · 2020 94% · 2021 93% · 2022 86% · 2023 83% — 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.

How long its funders stay

25% of GROW SOUTH DAKOTA's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

GROW SOUTH DAKOTA draws 86% of its grant income from funders outside South Dakota, across 4 states in all.

MN
NY
SD
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
South Dakota out of state home

Funder states come from each funder’s own filing. $32k arriving through sponsors registered in 3 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.

04Its place in the field

Against its field

GROW SOUTH DAKOTA runs a healthier operating margin than three-quarters of the 2,299 community improvement nonprofits its size.

Operating margin22% · top quartile
Months of reserve30.3mo · top quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025

Government funding GROW SOUTH DAKOTA receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $17.1M on record.

Federal$17.1M
grants $17.1Mcontracts $0
18
19
20
21
22
23
24
25
Top agencies
  • Department of the Treasury$8.8M
  • Department of Agriculture$8.3M

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 GROW SOUTH DAKOTA

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 5 related entities

  • Grow Wolf Creek School LLC · disregarded
  • Grow Cte School LLC · disregarded
  • Pheasant Valley Courtyard LLC · disregarded
  • Northeast Sd Community Action Progr · exempt
  • Northeast Sd Economic Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GROW SOUTH DAKOTA: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GROW SOUTH DAKOTA?
GROW SOUTH DAKOTA (South Dakota) receives grants from 13 organizations whose IRS filings report $2,110,256 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($570,500). 7 of them have funded it in more than one year.
How many funders does GROW SOUTH DAKOTA have?
IRS filings report 13 organizations giving $2,110,256 in grants to GROW SOUTH DAKOTA, 7 of which have funded it in more than one year.
Who is the largest funder of GROW SOUTH DAKOTA?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $570,500 in grants. The full list of funders is on this page.
How can an organization like GROW SOUTH DAKOTA 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 FY2025 (financials across 2017–2025), and the filings of 13 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