Ndn Fund
- Assets
- $6.7m
- Revenue
- $217.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2763481
Organization Overview
Ndn Fund is located in Rapid City, SD. The organization was established in 2019. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ndn Fund 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, Ndn Fund generated $217.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $223.4k during the year ending 12/2021. 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
TO PROVIDE FINANCING FOR PRE-DEVELOPMENT, BRIDGE, AND LARGE SCALE INDIGENOUS REGENERATIVE DEVELOPMENT PROJECTS TAHT DRAMATICALLY SCALE UP INVESTMENT AND SHIFT ALL DECISION-MAKING POWER TO INDIGENOUS PEOPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE ACCESS TO CAPITAL AND PUT RESOURCES INTO NATIVE CHANGE-MAKERS, COMMUNITY DEVELOPERS AND SOVEREIGN NATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Princess Daazhraii Johnson Vice Chairperson | OfficerTrustee | 1 | $0 |
Chrystel Cornelius Secretary/treasurer | OfficerTrustee | 1 | $0 |
Kimberly Pate Managing Director | Officer | 40 | $0 |
Judith Leblanc Member | Officer | 1 | $0 |
Melina Laboucan-Massimo Chairperson | Trustee | 1 | $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 | $193,048 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,048 |
| Total Program Service Revenue | $13,500 |
| Investment income | $10,167 |
| 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 | $217,223 |
| 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 | $0 |
| Fees for services: Legal | $47,255 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,853 |
| Advertising and promotion | $0 |
| Office expenses | $47 |
| Information technology | $6,476 |
| Royalties | $0 |
| Occupancy | $21,225 |
| Travel | $2,696 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138 |
| Interest | $72,292 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $223,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,078,611 |
| Savings and temporary cash investments | $0 |
| 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 | $1,627,625 |
| 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 | $0 |
| Other assets | $1,600 |
| Total assets | $6,707,836 |
| Accounts payable and accrued expenses | $5,524 |
| 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 | $0 |
| Secured mortgages and notes payable | $6,350,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,355,524 |
| Net assets without donor restrictions | $352,312 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $6,707,836 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ndn Fund has recieved totaling $300,000.
| Awarding Organization | Amount |
|---|---|
Northwest Area Foundation St Paul, MN PURPOSE: GENERAL OPERATING GRANT | $200,000 |
Northwest Area Foundation St Paul, MN PURPOSE: LOAN LOSS RESERVE FOR RELIEF AND RESILIENCE LOANS FOR NATIVE BUSINESSES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Riverfront Trust Omaha, NE | $158,815,743 | $28,894,950 |
Missouri River Historical Develop- Ment Inc Sioux City, IA | $5,283,123 | $4,260,184 |
Lions Eye Bank Of Nebraska Inc Omaha, NE | $1,294,496 | $1,516,053 |
Michael E Portzen And Sara A Portzen Family Foundation Peosta, IA | $2,370,924 | $1,197,691 |
Owatonna Area Chamber Foundation Owatonna, MN | $195,093 | $449,503 |
Community Betterment Organization Pella, IA | $2,432,406 | $1,698,245 |
Whitefish Thrift Haus Inc Whitefish, MT | $112,476 | $461,497 |
Missoula Community Foundation Missoula, MT | $506,830 | $579,738 |
Mille Lacs Trails Inc Aitkin, MN | $865,196 | $621,358 |
Ndn Fund Rapid City, SD | $6,707,836 | $217,223 |
Central Iowa Housing Trust Fund Des Moines, IA | $344,976 | $398,757 |
Cooperstown Municipal Association Cooperstown, ND | $1,277,517 | $652,098 |