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South Dakota Partners In Education

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813704298 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is South Dakota Partners In Education?

South Dakota Partners In Education is a nonprofit organization situated in Sioux Falls, South Dakota. Their primary mission is to empower parents by offering financial assistance in the form of tuition support. This allows families to select the educational institution that best fits their children's needs, regardless of financial constraints. They accomplish this by collaborating with insurance companies, granting tax credits in exchange for donations to a nonprofit scholarship-granting organization. This organization, in turn, funds private school scholarships for eligible students based on income requirements. The organization currently has a small team of 1 employee dedicated to this purpose.


Official website here: www.sdpartnersinedu.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star rating)

South Dakota Partners In Education has earned an 89% score, indicating a strong emphasis on accountability and finance. This rating is based solely on the organization's financial practices, reflecting a commitment to transparency and responsible management. The charity benefits from a fully independent board and boasts excellent metrics in terms of financial oversight, asset management, and a high program expense ratio, which shows that a significant portion of funding directly supports its programs.

The organization has demonstrated robust financial practices, such as having no material diversion of assets and excellent fundraising efficiency. However, it does have some areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which are essential for maintaining organizational integrity and protecting staff and stakeholders.

Overall, while South Dakota Partners In Education scores well in accountability and finance, addressing the gaps in governance policies could enhance its operational effectiveness and stakeholder trust. The strong financial metrics suggest that the organization is well-positioned to fulfill its mission in supporting education in South Dakota.


This AI summary has been generated from information found on Charity Navigator.

Is South Dakota Partners In Education legitimate?

South Dakota Partners In Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota Partners In Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sdpartnersinedu.org/

What is the mission statement of South Dakota Partners In Education?

South Dakota Partners in Education empowers parents by providing them with financial support in the form of tuition credits. This allows parents to choose the school that best suits their children's needs, regardless of the school's cost. The program accomplishes this by encouraging insurance companies to donate to a nonprofit scholarship granting organization (SGO). The SGO, in turn, uses these donations to offer private school scholarships to eligible students based on their income.


Official website here: www.sdpartnersinedu.org/

Who is the CEO of South Dakota Partners In Education?

Daniel R Fritz is the Executive Di of South Dakota Partners In Education.


Official website here: www.sdpartnersinedu.org/

What is the revenue of South Dakota Partners In Education?

South Dakota Partners In Education's revenue in 2022 was $2,000,094.


Official website here: www.sdpartnersinedu.org/

Who are the executives of South Dakota Partners In Education and what are their salaries?

There is 1 employee and 48 volunteers at South Dakota Partners In Education.


Here are 9 key members and their salaries:


Katie Mellor (Executive Di)
  • Compensation: $56,337
  • Related: $0
  • Other: $0
Lisa Beacom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cink (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel R Fritz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gosch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Heineman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Kjenstad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Satter (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Strande (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sdpartnersinedu.org/

Where can I find the form 990 for South Dakota Partners In Education?

South Dakota Partners In Education's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sdpartnersinedu.org/

Learn more at the official website: www.sdpartnersinedu.org/

Mission Statement of South Dakota Partners In Education

South Dakota Partners in Education empowers parents by providing them with the financial support needed to choose the school that best suits their children's needs, irrespective of the cost. This nonprofit organization accomplishes this by offering tax credits to insurance companies that donate to a nonprofit scholarship granting organization (SGO). The SGO, in turn, uses these donations to award private school scholarships to students who meet the income requirements. By doing so, South Dakota Partners in Education enables parents to provide their children with the educational opportunities they desire, ensuring that every child has the chance to thrive in an educational environment that suits their needs.

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Impact




July, 2024

South Dakota Partners In Education empowers parents with tuition support so they can choose the school that's right for their children, regardless of cost. This program provides tax credits to insurance companies who donate to a scholarship granting organization (SGO), which then provides private school scholarships to students who meet the income requirements. Their impact focuses on enabling parents to make educational choices that best suit their children's needs and aspirations.




This information is meant to be a general summary of South Dakota Partners In Education. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,000,094 (2022)
Expenses
$2,326,112 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $94
  • Gross Receipts: $2,000,094

Assets and Liabilities:

  • Total Assets: $284,473
  • Total Liabilities: $0
  • Net Assets: $284,473

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Organization Details

Founding Year

2016

Principal Officer

Daniel R Fritz

Main Address

PO BOX 886, SIOUX FALLS, SD, 57101

NTEE Category

Code: B82 - Education

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