2025-07-25T12:58:37-04:00 2024-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2024-01-01 460421416 THE LAKOTA FUND INCORPORATED LAKO 6054552500 PO BOX 340 KYLE SD 57752 TAWNEY BRUNSCH EXECUTIVE DIRECTOR 6054552500 2025-07-25 true true JEANETTE SCHROEDER CPA P00479382 6053425630 2025-07-25 2024 2025-03-06 01:10:19Z TAWNEY BRUNSCH PO BOX 340 KYLE SD 57752 11507561 false X WWW.LAKOTAFUNDS.ORG X 1987 SD TO PROMOTE ECONOMIC SUSTAINABILITY ON THE PINE RIDGE RESERVATION AND GEOGRAPHIC SERVICE AREA THROUGH BUSINESS LOANS,TECHNICAL ASSISTANCE AND WEALTH BUILDING EDUCATION FOR FAMILIES/BUSINESSES. 7 7 13 0 5252104 10316479 806419 792271 83642 334917 58749 63894 6200914 11507561 250240 2275698 0 1060189 1583341 0 34594 1639865 3013274 2950294 6872313 3250620 4635248 22342828 26760118 7908661 4295768 14434167 22464350 PROMOTE ECONOMIC SUSTAINABILITY AND BREAK THE CYLCE OF POVERTY BY PROVIDING NATIVE PEOPLE WITH ACCESS TO THE CAPITAL AND FINANICAL SERVICES HEALTHY COMMUNITIES NEED TO FLOURISH. false false 4337358 2185698 97545 LAKOTA FUND SERVES AS A FISCAL SPONSOR ADMINISTERING GRANTS FOR THE SOUTH DAKOTA NATIVE HOME OWNERSHIP COALITION. THE COALITION IS A COLLABOARATIVE GROUP OF KEY AGENCIES DEDICATED TO INCREASING HOMEOWNERSHIP OPPORTUNTIES FOR NATIVE AMERICANS IN SOUTH DAKOTA. 1854194 90000 697655 LAKOTA FUND PROVIDES ECONOMIC DEVELOPMENT THROUGH BUSINESS LOANS, TECHNICAL ASSISTANCE, WORKFORCE DEVELOPMENT, AND FINANCIAL EDUCATION ON THE PINE RIDGE AND ROSEBUD RESERVATIONS AND SURROUNDING AREA. THEIR LENDING HAS INCREASED SUBSTANTIALLY IN THE LAST 6 YEARS AS EVIDENCED BY A 500% INCREASE IN LOAN PORTFOLIO GROWTH, FROM 2.5M IN 2018 TO 14.7M IN 2024. 6191552 true true false false false false false false false false true false false false false true true false false false false false false false false false false true true false false false false false false false false false true false false false false true false false false true 78 0 13 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true false true true true true true false X LAVONNE RANDALL 6054552500 PO BOX 340 KYLE SD 57752 TAWNEY BRUNSCH EXECUTIVE DI 45.00 X 126178 0 16375 LAVONNE RANDALL FINANCE DIRE 40.00 X 97719 0 15582 WARREN CROSS SECRETARY/TR 3.00 X X 3400 0 0 CAROL FERGUSON DIRECTOR 3.00 X 3400 0 0 MARLA THUNDER BULL DIRECTOR 3.00 X 3100 0 0 ANDREA EAGLE BULL VICE CHAIR 3.00 X X 2900 0 0 DONALEE FISCHER DIRECTOR 3.00 X 2900 0 0 KEVIN YELLOWBIRD STEELE DIRECTOR 3.00 X 2600 0 0 ELSIE MEEKS BOARD CHAIRM 3.00 X X 1800 0 0 243997 31957 1 false false false 5019992 5296487 67336 10316479 LOAN INTEREST INCOME 522291 616429 616429 COALITION MEMBERSHIP FEES 624200 81870 81870 LOAN FEES 522291 78297 78297 COALITION PROGRAM FEES 624200 15675 15675 792271 130694 130694 83376 83376 83376 83376 204223 204223 204223 204223 CAPITAL CREDITS 900099 5100 5100 BAD DEBT RECOVERY 624200 1545 1545 MISCELLANEOUS INCOME 900099 1384 1384 -27511 -27511 -19482 11507561 767689 423393 X 1624520 1624520 651178 651178 275754 239963 30388 5403 1089652 951596 115042 23014 22613 18637 3313 663 118043 97672 16976 3395 77279 64565 10595 2119 38305 38305 93020 93020 700519 527043 173476 26690 26690 95343 85083 10260 58192 45031 13161 76593 63557 13036 231909 206667 25242 155388 146250 9138 30155 30155 83006 62254 20752 58337 40576 17761 CREDIT LOSS PROVISION 750128 750128 HOUSING PROGRAM SUPPLIES 332944 332944 LOAN FORGIVENESS 198826 198826 DUES, LICENSES, PUBS 83919 58372 25547 6872313 6191552 646167 34594 10746335 10425646 1716239 1759752 489883 556018 16405 8653 8816987 13341770 14908 20251 2591537 1968509 517071 623028 25000 25000 22342828 26760118 24801 41938 4325287 103720 145762 109990 3338402 4040120 74409 7908661 4295768 X 13586385 20968656 847782 1495694 14434167 22464350 22342828 26760118 X 4635248 3394937 -2 X false true X true true true X 3720904 3478126 1213604 5252104 6316479 19981217 3720904 3478126 1213604 5252104 6316479 19981217 5331220 14649997 67856 77080 60699 136349 214070 556054 5100 5100 20542371 3001172 0.71320 0.67910 X SUPPORTING SCHEDULE NOT SOLICIITED - ONE TIME DONATION 4,000,000 PART II, LINE 10 CAPITAL CREDITS 5,100 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2182585 1782650 399935 237536 185859 51677 12020 159396 171416 623028 X 11507561 11507561 11507561 6872315 6872315 -2 -2 6872313 SCHEDULE D, PAGE 3, PART X AT DECEMBER 31, 2024, THE ORGANIZATION BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES, OR INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. SCHEDULE D, PAGE 4, PART XII, LINE 4B ROUNDING -2 true GREAT PLAINS HOUSING INITIATIVE 308 S MAIN ST ABERDEEN SD 57401 993654702 3 800791 HOUSING CROW CREEK HOUSING AUTHORITY PO BOX 19 FORT THOMPSON SD 57339 460283315 GOV 143916 INTERNSHIPS SISSETON-WAHPETON HOUSING AUTHORITY 605 LYDIA GOODSELL ST SISSETON SD 57262 460310603 4 100000 INTERNSHIPS FOUR BAND COMMUNITY FUND INC PO BOX 932 EAGLE BUTTE SD 57625 460456528 3 100000 INTERNSHIPS TATANKA FUNDS PO BOX 236 MISSION SD 57555 472197004 3 50000 INTERNSHIPS SICANGU WICOTI AWANYAKAPI PO BOX 69 ROSEBUD SD 57570 460278706 GOV 50000 INTERNSHIPS LAKE AREA TECHNICAL COLLEGE 1201 ARROW AVE NE WATERTOWN SD 57201 466001273 GOV 52118 TUITION ASSISTANCE MITCHELL TECHNICAL COLLEGE 1800 E SPRUCE ST MITCHELL SD 57301 466001338 GOV 56533 TUITION ASSISTANCE SD SCHOOL OF MINES & TECH 501 E ST JOSEPH ST RAPID CITY SD 57701 466000364 GOV 28706 TUITION ASSISTANCE SINETE GLESKA UNIVERSITY 101 ANTELOPE LK CIR MISSION SD 57555 460312209 GOV 29593 TUITION ASSISTANCE SISSETON WAHPETON COLLEGE 12572 BIA HWY 700 AGENCY VILLAGE SD 57262 460357254 GOV 26375 TUITION ASSISTANCE SITTING BULL COLLEGE 9299 NORTH DAKOTA 24 FORT YATES ND 58538 237373765 3 83876 TUITION ASSISTANCE SOUTHEAST TECHNICAL COLLEGE 2320 N CAREER AVE SIOUX FALLS SD 57107 466002586 GOV 65426 TUITION ASSISTANCE WESTERN DAKOTA TECHNICAL COLLEGE 800 MICKELSON DR RAPID CITY SD 57703 466002688 GOV 37186 TUITION ASSISTANCE 10 4 REHAB/HOME IMPROVE MATCH 12 85000 DOWN PAYMENT ASSISTANCE 1 5000 SDSU SCHOLARSHIPS 2 45000 PASSTHRU DOWN PMT ASSIST 41 410000 INTERNSHIP STIPENDS 25 106178 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION WORKS CLOSELY WITH COLLEGES TO ENSURE STUDENT SCHOLARSHIPS AND TUITION ASSISTANCE ARE GIVEN TO THOSE IN NEED. THE ORGANIZATION ALSO WORKS DIRECTLY WITH OTHER NONPROFIT ORGANIZATIONS TO PROVIDE FUNDING FOR HOUSING ASSISTANCE, INTERNSHIPS, AND STIPENDS IN AREAS THAT ARE THE FOCUS OF COMMUNITY REVITALIZATION. SIGNIFICANT INVOLEMENT AND FOLLOW-UP COMMUNICATION OCCURS TO ENSURE GRANT FUNDS ARE USED IN A MANNER CONSISTENT WITH THE ORGANIZATION'S MISSION. X 1 67336 FAIR MARKET VALUE false false false FORM 990, PAGE 6, PART VI, LINE 11B LAKOTA FUNDS' FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED BY THE DIRECTOR OF FINANCE AND EXECUTIVE DIRECTOR IN DETAIL. IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES AND DIRECTORS. THE POLICY DEFINES CONFLICTS AND REQUIRES ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST TO BE DISCLOSED IN WRITING TO THE EXECUTIVE DIRECTOR, WHO MAKES A DETERMINATION AS TO RESOLUTION. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION FOR OUR EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD. AMOUNTS ARE CONSISTENT WITH THAT PAID BY SIMILAR NONPROFITS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD RECEIVES MEETING STIPENDS AS PRESCRIBED IN THE BYLAWS, WITH STIPEND AMOUNTS SET AND APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR DETERMINING COMPENSATION OF ALL OTHER EMPLOYEES. AMOUNTS ARE CONSISTENT WITH THAT PAID BY SIMILAR NONPROFITS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FISCAL AGENT FEE 0 105,000 0 CONSULTANTS & OUTSIDE SERVICE 527,043 68,476 0 TOTAL 527,043 173,476 0 FORM 990, PART XI, LINE 9 ROUNDING -2 WANBLI HOHPI OTIPI LTD PARTNERSHIP PO BOX 340 KYLE SD 57752 460448658 HOUSING SD LAKOTA FD RELATED -961 false false 0.99990 LAKOTA FUND LTD PARTNERSHIP PO BOX 340 KYLE SD 57752 911766941 HOUSING SD LAKOTA FD RELATED -26550 false false 0.99990 THE LAKOTA FUND INC PO BOX 340 KYLE SD 57752 411881340 HOUSING SD LAKOTA FD THE LAKOTA FUNDS INC C CORP -278 1.00000 false false false false false false false false false false false false false false false false false false false true LAKOTA FUND LIMITED PARTNERSHIP S 176712 ACTUAL CASH RECEIVED