2026-06-02T13:34:49-04:00 2025-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2025-01-01 460421416 THE LAKOTA FUND INCORPORATED LAKO 6054552500 PO BOX 340 KYLE SD 57752 TAWNEY BRUNSCH EXECUTIVE DIRECTOR 6054552500 2026-06-02 true JEANETTE SCHROEDER CPA P00479382 6053425630 2026-06-02 2025 2025-03-06 01:10:19Z TAWNEY BRUNSCH PO BOX 340 KYLE SD 57752 8006642 false X WWW.LAKOTAFUNDS.ORG X 1987 SD LAKOTA FUNDS PROMOTES ECONOMIC SUSTAINABILITY BY PROVIDING ACCESS TO CREDIT FOR NATIVE PEOPLE 7 7 13 0 10316479 6466332 792271 1323622 334917 124739 63894 91949 11507561 8006642 2275698 1666436 0 1583341 999874 0 45364 3013274 2383394 6872313 5049704 4635248 2956938 26760118 31952863 4295768 6531575 22464350 25421288 PROMOTE ECONOMIC SUSTAINABILITY AND BREAK THE CYCLE OF POVERTY BY PROVIDING NATIVE PEOPLE WITH ACCESS TO THE CAPITAL AND FINANCIAL SERVICES HEALTHY COMMUNITIES NEED TO FLOURISH. false false 4219994 1666436 1338257 LAKOTA FUNDS 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 7 YEARS AS EVIDENCED BY A 850% INCREASE IN LOAN PORTFOLIO GROWTH, FROM 2.5M IN 2018 TO 23.8M IN 2025. 4219994 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 false false false false false false false false false true 87 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 132024 0 14733 ELLEN WHITE THUNDER DEPUTY DIREC 40.00 X 103952 0 14457 LAVONNE RANDALL FINANCE DIRE 40.00 X 99202 0 14181 WARREN CROSS VICE CHAIR 3.00 X X 4500 0 0 MARLA THUNDER BULL SECRETARY/TR 3.00 X X 4100 0 0 CAROL FERGUSON DIRECTOR 3.00 X 3900 0 0 ANGIE EAGLE BULL BOARD CHAIRM 3.00 X X 3700 0 0 DONALEE FISCHER DIRECTOR 3.00 X 3600 0 0 KEVIN YELLOWBIRD STEELE DIRECTOR 3.00 X 2900 0 0 RUSSELL COURNOYER DIRECTOR 3.00 X 800 0 0 358678 43371 2 false false false 4660700 1805632 6466332 LOAN INTEREST INCOME 522291 1130063 1130063 LOAN FEES 522291 184106 184106 NACO PROGRAM FEES 624200 9453 9453 1323622 124739 124739 72521 72521 72521 72521 MISCELLANEOUS INCOME 900099 14635 14635 CAPITAL CREDITS 900099 4793 4793 19428 8006642 1338257 202053 1442451 1442451 223985 223985 283840 207569 64134 12137 574410 412932 134568 26910 12823 9393 2858 572 67429 49391 15030 3008 61372 44955 13680 2737 3784 3784 71376 71376 249143 23252 225891 2870 2870 65891 47268 18623 8853 6640 2213 120513 90384 30129 32805 25866 6939 139777 113376 26401 118285 118285 85892 64419 21473 53263 39947 13316 CREDIT LOSS PROVISION 1113756 1113756 LOAN FORGIVENESS 243434 243434 DUES, LICENSES, PUBS 61082 45436 15646 HOUSING PROGRAM SUPPLIES 12670 12670 5049704 4219994 784346 45364 10425646 254073 1759752 8974932 556018 159553 8653 7682 13341770 21904702 20251 26968 2654354 2054401 623028 599953 25000 25000 26760118 31952863 41938 38654 103720 89895 109990 4040120 6403026 4295768 6531575 X 20968656 24572554 1495694 848734 22464350 25421288 26760118 31952863 2956938 X false true X true true true X 3478126 1213604 5252104 6316479 6466332 22726645 3478126 1213604 5252104 6316479 6466332 22726645 3196555 19530090 77080 60699 136349 214070 197260 685458 5100 4793 9893 23421996 3954498 0.83380 0.71320 X PART II, LINE 10 CAPITAL CREDITS 9,893 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2245401 1854550 390851 237536 199851 37685 12020 159397 171417 599953 X 8006642 8006642 8006642 5049704 5049704 5049704 SCHEDULE D, PAGE 3, PART X AT DECEMBER 31, 2025, THE ORGANIZATION BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES, OR INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. true CROW CREEK HOUSING AUTHORITY PO BOX 19 FORT THOMPSON SD 57339 460283315 GOV 100000 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 139000 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 SD SCHOOL OF MINES & TECH 501 E ST JOSEPH ST RAPID CITY SD 57701 466000364 GOV 15832 TUITION ASSISTANCE SINETE GLESKA UNIVERSITY 101 ANTELOPE LK CIR MISSION SD 57555 460312209 GOV 24026 TUITION ASSISTANCE WESTERN DAKOTA TECHNICAL COLLEGE 800 MICKELSON DR RAPID CITY SD 57703 466002688 GOV 62917 TUITION ASSISTANCE YANKON SIOUX HOUSING AUTHORITY 410 S MAIN STREET WAGNER SD 57380 460344854 GOV 114068 INTERNSHIPS SD NATIVE HOMEOWNERSHIP COALITION PO BOX 340 KYLE SD 57752 920333372 3 780125 OPERATIONS 9 1 REHAB/HOME IMPROVE MATCH 11 59500 DOWN PAYMENT ASSISTANCE 8 40000 SDSU SCHOLARSHIPS 1 15000 INTERNSHIP STIPENDS 9 39501 TRAINING STIPENDS 151 37250 SAVINGS MATCH 23 32734 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. 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.