North Dakota · Nonprofit
STEER INC
STEER INC (North Dakota) receives grants from 3 organizations whose IRS filings report $11,600 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($8,100). 0 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $2.9M
- Funders on record
- 3
- Grants received
- $12k
- Net assets
- $7.9M
What Steer Inc does
Mission
The purpose of this organization shall be to advance the work of the lord jesus christ on earth by raising money to help existing missionary societies get the gospel to the ends of the earth in the shortest possible time by means and methods as set forth in the articles.
As stated on its FY2025 Form 990.
Program
On its FY2024 return the organization reported starting a significant new program.
The unit inventory system changed per the general board of directors' decision effective on july 1, 2024. This change includes the measurement from units to the dollar values and to name it the legacy fund. The use of the inventory funds for the purpose originally received remains unchanged. With many of the units, the original donor has passed away, or we don't have an address for them. Then with the donor's original investment, it is not enough to cover the current cost of new projects due to inflation. The placed and available units were taken and made into a liquid mutual fund that everyone has an investment in. Instead of monthly notices issued to each unit donor based on if a gain occurred for their given unit or units, as of july 1, 2024, notices are sent to the original donors whom we have an address for once or twice a year updating them on the overall amount to missions that their investment has helped to generate.
Its own explanation, from Schedule O of that return (Part III, line 2).
Steer has one program - a 3-way stewardship program.1) by investing in the legacy fund, donors leverage agricultural production to generate annual returns that help fund global mission endeavors.2) farmers and ranchers sign up to receive legacy funds, which they use to purchase livestock or plant crops. The profits from these projects are then used to support their chosen missionaries or mission projects within steer's member organizations. 3) approved member organizations partner with steer to receive long-term financial support, enabling them to continue proclaiming the gospel of jesus christ globally. For these organizations and their missionaries, steer serves as a wonderful channel for receiving prayer and financial backing, embodying a spirit of partnership throughout the body of christ.
$2,043,344 spentof which $1,761,385 as grants$2,038,319 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,043,344.
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 2020 to 2021, from $5.9M to $6.6M (+11%).
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.
18% of STEER INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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
Randy Hauck
Director (chair)
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2022: the base held at 1 funder, grant income rose $1k → $3k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% 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 STEER INC’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
STEER INC leans on a few funders — its largest provides 70% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
78% 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 STEER INC.
Largest funder’s share by year: 2017 100% · 2022 100% — broadly stable.
“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
78% of STEER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from funders outside North Dakota, across 1 state.
Funder states come from each funder’s own filing. $9k 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
STEER INC holds deeper cash reserves than three-quarters of the 1,211 religion nonprofits its size.
this organization peer median middle 50% of peers· 1,211 religion nonprofits $1M–$10M, FY2025
Organizations like STEER INC
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 North 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
86%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for STEER INC: 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 STEER INC?
- STEER INC (North Dakota) receives grants from 3 organizations whose IRS filings report $11,600 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($8,100). 0 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does STEER INC have?
- IRS filings report 3 organizations giving $11,600 in grants to STEER INC.
- Who is the largest funder of STEER INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $8,100 in grants. The full list of funders is on this page.
- How can an organization like STEER INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North 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 3 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 14, 2026. What this page cannot tell you · view filing