Searching For Solutions Institute Inc
- Assets
- $131.1k
- Revenue
- $436.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1092889
Organization Overview
Searching For Solutions Institute Inc is located in Sioux Falls, SD. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Searching For Solutions Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Searching For Solutions Institute Inc generated $436.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $438.2k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LINK LEARNING AND LEADERSHIP TO LEVERAGE INVOLVEMENT IN SOLVING SOCIAL ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATING THE IMPLEMENTATION OF STRATEGIES THAT ADDRESS GREAT IDEAS THAT DO AND COULD POSITIVELY IMPACT OUR CIVILIZATION. THIS IS ACCOMPLISHED BY PROVIDING INFORMATION AND INSIGHTS IN NONPARTISAN PRESENTATIONS TO THOUGHT LEADERS IN INTELLECTUAL FORUMS DESIGNED TO ENLIGHTEN, EDUCATE, AND INSPIRE. THE FORUMS FOCUS ON IDENTIFYING ISSUES, VETS COMPETING SOLUTIONS AND PROVIDES A MENU OF LONG TERM RESOLUTION OPTIONS. ADDITIONAL INFORMATIONAL SUPPORT MECHANISMS MAY BE DEVELOPED AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Everist Chairman | OfficerTrustee | 5 | $0 |
John Henkhaus Treasurer | OfficerTrustee | 0.3 | $0 |
Randy Antik Ceo/vice Chairman | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,950 |
| Total Program Service Revenue | $171,118 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $436,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $157,808 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,500 |
| Advertising and promotion | $58,186 |
| Office expenses | $18,258 |
| Information technology | $8,027 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,891 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,687 |
| Interest | $592 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,674 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $438,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,993 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,105 |
| Other assets | $0 |
| Total assets | $131,098 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $54,747 |
| Other liabilities | $0 |
| Total liabilities | $64,747 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $66,351 |
| Total liabilities and net assets/fund balances | $131,098 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Searching For Solutions Institute Inc has recieved totaling $110,000.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Sponsorship of the Imagine Solutions Conference | $75,000 |
Bradbury And Janet Anderson Familyfoundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
The Moorings Incorporated Naples, FL PURPOSE: PROVIDE LEADERS WITH THE STRUCTURE AND MECHANISMS TO ADDRESS CRITICAL SOCIETAL NEEDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Avenue Scholars Foundation Omaha, NE | $2,155,096 | $4,937,256 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
Morrison-Maierie Inc Group Health Plan Tr Helena, MT | $2,319,499 | $3,680,881 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |