2024-10-28T13:55:22-04:00 2023-12-31 470526649 DANA F COLE & COMPANY LLP 590 SOUTH HIGHWAY 29 SUITE 1 MONTEVIDEO MN 56265 990 2023-01-01 460421416 THE LAKOTA FUND INCORPORATED LAKO 6054552500 PO BOX 340 KYLE SD 57752 TAWNEY BRUNSCH EXECUTIVE DIRECTOR 6054552500 2024-08-21 true true JAMES B KNUTSON P00333572 3202692146 2024-08-26 2023 2024-10-15 13:58:12Z TAWNEY BRUNSCH PO BOX 340 KYLE SD 57752 6200914 false X WWW.LAKOTAFUNDS.ORG X 1987 SD THE LAKOTA FUNDS MISSION IS 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 19 0 1213604 5252104 525844 806419 9134 83642 57568 58749 1806150 6200914 47909 250240 0 642969 1060189 0 14476 1133823 1639865 1824701 2950294 -18551 3250620 17693947 22342828 6510400 7908661 11183547 14434167 LAKOTA FUNDS PROMOTES ECONOMIC SUSTAINABILITY BY PROVIDING ACCESS TO CREDIT FOR NATIVE PEOPLE. false false 2279485 250240 806419 THE 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 5 YEARS AS EVIDENCED BY A 400% INCREASE IN LOAN PORTFOLIO GROWTH, FROM 2.5M IN 2018 TO 10M IN 2023. 2279485 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true false false false false false false false false false true false false false false true false false false true 90 0 true 19 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 false false true true false false X THE LAKOTA FUND 6054552500 PO BOX 340 KYLE SD 57752 TAWNEY BRUNSCH EXECUTIVE DI 40.00 X 117828 0 17897 CAROL FERGUSON MEMBER 1.00 X 2509 0 55 WARREN CROSS SECRETARY/TR 1.00 X X 2270 0 170 ANDREA ANGIE EAGLE BULL VICE CHAIR 1.00 X X 2230 0 130 DONA LEAVENS MEMBER 1.00 X 2025 0 225 KEVIN YELLOWBIRD STEELE MEMBER 1.00 X 1431 0 31 ELSIE MEEKS CHAIRMAN 1.00 X X 1379 0 79 RED DAWN FOSTER MEMBER 0.25 X 0 0 44 MARLA THUNDER BULL MEMBER 1.00 X 0 0 26 129672 18657 1 false false false SEVEN SISTERS COMMUNITY DEV GROUP 13700 US HWY 1 101 NORTH PALM BEACH FL 33408 CONSULTING, ETC 174245 1 272348 2959709 2020047 272348 5252104 LOAN INTEREST INCOME 522291 520765 520765 MANAGEMENT FEE INCOME 900099 186589 186589 OTHER PROGRAM REVENUE 531310 99065 99065 806419 83642 83642 52707 52707 52707 52707 CAPITAL CREDITS 900099 6042 6042 6042 6200914 812461 136349 X 250240 250240 147569 103299 30698 13572 718348 502844 215504 18257 12780 5477 102176 71523 30653 73839 51687 21248 904 33886 23720 10166 681876 477314 204562 500 350 150 128741 90119 38622 20115 14081 6034 123982 86787 37195 35385 24769 10616 66540 66540 82577 57803 24774 38042 26629 11413 LOAN FORGIVENESS 210610 210610 DUES, LICENSES AND PUB 86068 86068 TELEPHONE & COMMUNICATION 56607 39625 16982 BOARD EXPENSES 48141 33699 14442 26795 48998 -22203 2950294 2279485 656333 14476 8539368 10746335 248083 1716239 235351 489883 14227 16405 8050995 8816987 12407 14908 2402574 1885503 568516 517071 25000 25000 17693947 22342828 13992 24801 3011791 4325287 220671 145762 3208902 3338402 55044 74409 6510400 7908661 X 10400821 13586385 782726 847782 11183547 14434167 17693947 22342828 3250620 X false true X true true true X 617819 3720904 3478126 1213604 5252104 14282557 617819 3720904 3478126 1213604 5252104 14282557 4297596 9984961 77640 67856 77080 60699 136349 419624 14702181 2707265 0.67910 0.65400 X SUPPLEMENTAL INFORMATION PART II, LINE 10 - OTHER INCOME DETAIL OTHER 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12020 12020 2182585 1712082 470503 207969 173421 34548 517071 ACCRUED INTEREST PAYABLE 53242 ACCRUED VACATION PAYABLE 17157 SECURITY DEPOSITS 3932 ACCRUED PAYROLL TAXES 78 74409 X 6200914 6200914 6200914 2950294 2950294 2950294 SCHEDULE D, PAGE 3, PART X THE LAKOTA FUND UTILIZES THE PROVISIONS OF FASB ASC 740-10 "ACCOUNTING FOR UNCERTAIN TAX POSITIONS." THE LAKOTA FUND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. true IDA CASH MATCH 8 9755 CDA CASH MATCH 2 7818 OTHER GRANTS 67 232667 SCHEDULE I, PAGE 1, PART I, LINE 2 THE CDA AND IDA SAVINGS ACCOUNTS ARE HELD AND MONITORED BY THE LAKOTA FUND ORGANIZATION. THE OTHER GRANTS ARE VARIOUS FUNDS THAT ARE HELD AND MONITORED BY THE LAKOTA FUND. X 1 272348 false false false FORM 990, PAGE 6, PART VI, LINE 11B LAKOTA FUNDS' FORM 990 IS REVIEWED BY DIRECTOR OF FINANCE AND EXECUTIVE DIRECTOR, BEFORE PRESENTING TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION FOR OUR EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD. THE BOARD RECEIVES MEETING STIPENDS AS COMPENSATION AS PRESCRIBED IN BYLAWS, WITH STIPEND AMOUNTS SET AND APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR DETERMINING COMPENSATION OF ALL OTHER EMPLOYEES. 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 COLLEGE COURSE DEVELOPMENT 48,150 20,635 0 CONSULTANTS & OUTSIDE SERVIC 429,164 183,927 0 TOTAL 477,314 204,562 0 WANBLI HOHPI OTIPI LTD PARTNERSHIP PO BOX 340 KYLE SD 57752 460448658 HOUSING SD LAKOTA FD RELATED -195123 174727 false false 0.99990 LAKOTA FUND LTD PARTNERSHIP PO BOX 340 KYLE SD 57752 911766941 HOUSING SD LAKOTA FD RELATED -16358 205909 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 -22 38 1.00000 false false false false false false false false false false false false false false false false false false false true WANBLI HOHPI OTIPI LTD PTRSP S 272348 VALUE OF HOME DONATION