2024-10-23T12:42:24-05:00 2024-06-30 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2023-07-01 813704298 SOUTH DAKOTA PARTNERS IN EDUCATION SOUT 6056970112 PO BOX 886 SIOUX FALLS SD 57101 DANIEL R FRITZ PRESIDENT 6056970112 2024-10-23 1 1 WENDY R COOLEY CPA P01523804 4023302660 2024-10-23 2023 2024-10-15 13:58:12Z DANIEL R FRITZ 1017 E 64TH ST SIOUX FALLS SD 57108 3270263 0 X HTTPS://WWW.SDPARTNERSINEDU.ORG X 2016 SD EMPOWERS PARENTS WITH TUITION SUPPORT TO CHOOSE THE SCHOOL THAT'S RIGHT FOR THEIR CHILDREN, REGARDLESS OF COST. 7 7 2 44 0 0 3787735 3212500 0 0 13913 57763 0 0 3801648 3270263 2970518 3290016 0 0 111821 180642 0 0 87822 67498 77537 3149837 3548195 651811 -277932 941977 669120 5693 10768 936284 658352 NONE 0 0 3357837 3290016 THIS PROGRAM PROVIDES TAX CREDITS TO INSURANCE COMPANIES WHO DONATE TO A NONPROFIT SCHOLARSHIP GRANTING ORGANIZATION (SGO), WHICH THEN PROVIDES PRIVATE SCHOOL SCHOLARSHIPS TO STUDENTS WHO MEET THE INCOME REQUIREMENTS. 3357837 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X THE ORGANIZATION 6056790112 PO BOX 886 SIOUX FALLS SD 57101 ROBERT SATTER EXECUTIVE DIRECTOR 40.00 X 100000 0 0 BRIAN GOSCH VICE PRESIDENT 1.00 X X 0 0 0 TOM CINK TREASURER 5.00 X X 0 0 0 DANIEL R FRITZ PRESIDENT 1.00 X X 0 0 0 PHYLLIS HEINEMANN SECRETARY 5.00 X X 0 0 0 LISA BEACOM BOARD MEMBER 1.00 X 0 0 0 AL KJENSTAD BOARD MEMBER 1.00 X 0 0 0 DUSTIN STRANDE BOARD MEMBER 1.00 X 0 0 0 100000 0 0 1 0 0 0 0 3212500 3212500 57763 57763 3270263 0 0 57763 3290016 3290016 108775 5439 21755 81581 59029 50175 8854 12838 4255 2342 6241 43263 43263 10620 10620 1763 1763 6564 209 6355 6767 2741 4026 4059 4059 3239 3239 1262 1262 3548195 3357837 102536 87822 114687 40976 824051 626815 0 1329 3239 0 941977 669120 5693 10768 5693 10768 X 936284 658352 936284 658352 941977 669120 -277932 0 X X 0 1 X 1 0 X 2000000 2000000 2000000 3787735 3212500 13000235 2000000 2000000 2000000 3787735 3212500 13000235 10334173 2666062 94 13913 57763 71770 13072005 0.20400 0.19650 X SOUTH DAKOTA PARTNERS IN EDUCATION (SDPE) HAS A PUBLIC SUPPORT PERCENTAGE OF 20.40%; IN EXCESS OF THE 10% MINIMUM THRESHOLD. THE ORGANIZATION DOES NOT RECEIVE ANY GOVERNMENTAL SUPPORT. SDPE CAN RECEIVE GRANT AND CONTRIBUTION REVENUE FROM THE GENERAL PUBLIC; HOWEVER, THE SUPPORT OVER THE PAST 5 YEARS HAS BEEN PRIMARILY FROM A SMALL NUMBER OF INSURANCE COMPANIES DUE TO THE NATURE OF THE TAX CREDIT PROVIDED SPECIFICALLY TO INSURANCE COMPANIES WHO DONATE TO THIS GRANTING ORGANIZATION.SDPE'S BOARD OF DIRECTORS IS COMPRISED OF UNRELATED, INDEPENDENT COMMUNITY MEMBERS WHO CARE ABOUT THE MISSION OF THE ORGANIZATION. THEIR TIME IS PROVIDED WITHOUT COMPENSATION BECAUSE OF THEIR DESIRE TO EMPOWER PARENTS TO CHOOSE THE SCHOOL THAT'S RIGHT FOR THEIR CHILDREN, REGARDLESS OF COST.THE SCHOLARSHIPS ARE OPEN TO THE PUBLIC AND ARE FOR K-12 STUDENTS ACROSS SOUTH DAKOTA WHO'S FAMILIES MUST QUALIFY BASED ON THEIR INCOME. THE QUALIFICATION IS BASED ON THE NATIONAL FREE AND REDUCED LUNCH PROGRAM INCOME GUIDELINES. SDPE IS WORKING TO DEVELOP A LARGER AND MORE DIVERSE DONOR BASE AND CONTINUES TO APPLY FOR GRANTS THAT ARE AVAILABLE THROUGH LOCAL COMPANIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 10620 10620 0 PART II-B, LINE 1: PAID TO ANOTHER COMPANY TO LOBBY LEGISLATORS ON BEHALF OF THE ORGANIZATION TO MAINTAIN AND EXPAND THE SCHOLARSHIP TAX CREDIT PROGRAM. 0 X 3270263 0 3270263 0 3270263 3548195 0 3548195 0 3548195 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE, IF SUCH INTEREST AND PENALTIES ARE INCURRED. 1 SCHOLARSHIPS 1670 3290016 PART I, LINE 2: THE ORGANIZATION ISSUES CHECKS TO MINOR CHILDREN, WHICH ARE SENT DIRECTLY TO THE SCHOOL THAT THE CHILDREN ATTEND. PARENTS OF THE CHILDREN ATTENDEES MUST COME IN TO THE SCHOOL OFFICE AND ENDORSE THE CHECKS TO THE SCHOOL. THE SCHOOLS APPLY THE ENDORSED FUNDS TO THE CHILD(REN)'S TUITION ACCOUNT AT THE SCHOOL. THE ORGANIZATION REPORTS THE TOTAL NUMBER OF SCHOLARSHIPS GRANTED AS WELL AS THE TOTAL DOLLAR AMOUNT DISTRIBUTED TO THE STATE DIVISION OF INSURANCE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGMENT OF THE BUSINESS OF THIS CORPORATION TO THE EXTENT PROVIDED IN THE RESOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS REVIEW THE RETURN IN DETAIL. A COPY OF THE RETURN IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS. THE PREPARER IS AVAILABLE TO ANSWER ANY QUESTIONS OR COMMENTS ON THE DRAFT PRESENTED. THE BOARD VOTES AT A BOARD MEETING TO APPROVE THE 990 DRAFT AS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTERESTS OR AFFILIATION AND ALL MATERIAL FACTS TO THE TRUSTEES AND/OR MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE DISCLOSURE SHOULD BE MADE EITHER WHEN THE INTEREST BECOMES A MATTER OF BOARD OR COMMITTEE ACTION OR AS PART OF A PERIODIC PROCEDURE TO BE ESTABLISHED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE MEETS AND CONSIDERS A PROPOSAL TO THEN OFFER TO THE FULL BOARD FOR DISCUSSION, SUGGESTIONS, AND BOARD ACTION. THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ON A REGULAR BASIS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST SUBMITTED TO THE ORGANIZATION.