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Foundation Seed Stock Division Of South Dakota University Foundation

  • Brookings, SD
  • Tax-exempt since May 1946
  • EIN: 46-0230291

Organization summary

Type of Nonprofit

Designated as a Labor, agricultural and horticultural organizations that are educational or instructive, including unions, created for the purpose of improving conditions of work, and products of efficiency.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$711k (2024)

Expenses
$296k (2024)

Total Assets
$3.32M (2024)

Total Liabilities
$19.1k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$711,378
Expenses
$295,626
Net Income
$415,752
Net Assets
$3,297,761
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $55,193
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,471
0.2%
Net Inventory Sales $654,714
92.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $12,802
4.3%
Assets/Debt
Total Assets $3,316,873
Total Liabilities $19,112
Net Assets $3,297,761
Compensation
Key Employees and Officers Compensation Related Other
Jack Ingemansen (Manager) $0 $0 $0
David Wright (Chairman) $0 $0 $0
Lee Brockmueller (Vice Chairman) $0 $0 $0
Vacant (Secretary Treasurer) $0 $0 $0
Barry Dunn (Director) $0 $0 $0
Joseph Cassady (Director) $0 $0 $0
Karla Trautman (Director) $0 $0 $0
John Blanton Jr (Director) $0 $0 $0
Brent Krause (Director) $0 $0 $0
Henry Roghair (Director) $0 $0 $0
Kevin Bielmaier (Director) $0 $0 $0
Evan Salverson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$812,532
Expenses
$324,841
Net Income
$487,691
Net Assets
$2,882,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $24,824
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,634
Net Inventory Sales $789,342
97.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $24,684
7.6%
Assets/Debt
Total Assets $2,905,942
Total Liabilities $23,933
Net Assets $2,882,009
Compensation
Key Employees and Officers Compensation Related Other
Jack Ingemansen (Manager) $0 $0 $0
David Wright (Chairman) $0 $0 $0
Lee Brockmueller (Vice Chairman) $0 $0 $0
Jon Kleinjan (Secretary Treasurer) $0 $0 $0
Barry Dunn (Director) $0 $0 $0
Joseph Cassady (Director) $0 $0 $0
Karla Trautman (Director) $0 $0 $0
John Blanton Jr (Director) $0 $0 $0
Brent Krause (Director) $0 $0 $0
Henry Roghair (Director) $0 $0 $0
Kevin Bielmaier (Director) $0 $0 $0
Evan Salverson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$584,836
Expenses
$243,666
Net Income
$341,170
Net Assets
$2,394,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,461
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,214
1.7%
Net Inventory Sales $564,161
96.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $13,483
5.5%
Assets/Debt
Total Assets $2,678,863
Total Liabilities $284,545
Net Assets $2,394,318
Compensation
Key Employees and Officers Compensation Related Other
Jack Ingemansen (Manager) $0 $0 $0
David Wright (Chairman) $0 $0 $0
Leon Koeppe (Vice Chairman) $0 $0 $0
Jon Kleinjan (Secretary Treasurer) $0 $0 $0
Barry Dunn (Director) $0 $0 $0
John Killefer (Director) $0 $0 $0
Karla Trautman (Director) $0 $0 $0
William Gibbons (Director) $0 $0 $0
Lee Brockmueller (Director) $0 $0 $0
Henry Roghair (Director) $0 $0 $0
Kevin Bielmaier (Director) $0 $0 $0
Evan Salverson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$528,130
Expenses
$921,992
Net Income
-$393,862
Net Assets
$2,053,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,041
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $508,089
96.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages -$21,539
Assets/Debt
Total Assets $2,647,915
Total Liabilities $594,767
Net Assets $2,053,148
Compensation
Key Employees and Officers Compensation Related Other
Jack Ingemansen (Manager) $95,892 $0 $0
David Wright (Chairman) $0 $0 $0
Leon Koeppe (Vice Chairman) $0 $0 $0
Jon Kleinjan (Secretary Treasurer) $0 $0 $0
Barry Dunn (Director) $0 $0 $0
John Killefer (Director) $0 $0 $0
Karla Trautman (Director) $0 $0 $0
William Gibbons (Director) $0 $0 $0
Lee Brockmueller (Director) $0 $0 $0
Henry Roghair (Director) $0 $0 $0
Kevin Bielmaier (Director) $0 $0 $0
Evan Salverson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,932
Expenses
$388,792
Net Income
$18,140
Net Assets
$2,447,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $37,053
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $369,879
90.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $18,366
4.7%
Assets/Debt
Total Assets $2,804,606
Total Liabilities $357,596
Net Assets $2,447,010

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$428,051
Expenses
$643,972
Net Income
-$215,921
Net Assets
$2,428,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $34,944
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $393,107
91.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $87,513
13.6%
Assets/Debt
Total Assets $2,945,866
Total Liabilities $516,996
Net Assets $2,428,870

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$545,099
Expenses
$404,163
Net Income
$140,936
Net Assets
$2,644,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $22,947
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,370
1.2%
Net Inventory Sales $515,782
94.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $83,271
20.6%
Assets/Debt
Total Assets $2,994,521
Total Liabilities $349,730
Net Assets $2,644,791

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$428,538
Expenses
$454,280
Net Income
-$25,742
Net Assets
$2,473,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,574
5.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,330
0.5%
Net Inventory Sales $403,634
94.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,773,953
Total Liabilities $300,383
Net Assets $2,473,570

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$670,333
Expenses
$347,993
Net Income
$322,340
Net Assets
$2,499,312
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $25,714
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,764
0.3%
Net Inventory Sales $642,855
95.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $92,104
26.5%
Assets/Debt
Total Assets $2,689,647
Total Liabilities $190,335
Net Assets $2,499,312

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$707,787
Expenses
$1,536,182
Net Income
-$828,395
Net Assets
$2,176,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,417
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $681,370
96.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $91,587
6.0%
Assets/Debt
Total Assets $2,787,552
Total Liabilities $611,325
Net Assets $2,176,227

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$800,634
Expenses
$433,871
Net Income
$366,763
Net Assets
$3,004,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $19,909
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $779,856
97.4%
Other Revenue $869
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $92,065
21.2%
Assets/Debt
Total Assets $3,453,167
Total Liabilities $448,545
Net Assets $3,004,622

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$630,349
Expenses
$385,604
Net Income
$244,745
Net Assets
$2,637,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $31,055
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $586,041
93.0%
Other Revenue $13,253
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $88,112
22.9%
Assets/Debt
Total Assets $2,821,851
Total Liabilities $183,993
Net Assets $2,637,858

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$622,097
Expenses
$356,117
Net Income
$265,980
Net Assets
$2,993,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $40,529
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $581,568
93.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $88,023
24.7%
Assets/Debt
Total Assets $3,123,267
Total Liabilities $130,153
Net Assets $2,993,114

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$699,852
Expenses
$604,368
Net Income
$95,484
Net Assets
$2,694,028
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $56,192
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $590,855
84.4%
Other Revenue $52,805
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $83,755
13.9%
Assets/Debt
Total Assets $2,841,346
Total Liabilities $147,318
Net Assets $2,694,028

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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