Falls Area Singletrack INC

Tax-deductible

Sioux Falls, SD501(c)(3)Recreation & SportsEIN 26-4146554

Fast builds and maintains single track trails for, hiking, trail running and mountain biking

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$238K
+23% vs prior year
Spent
$359K
To programs
0%
Net assets
$125K
By yearFY2024–FY2025
Revenue
$238K
FY2025▲ +23%
Revenue by fiscal year
FY2024$193K
FY2025$238K
Net assets
$125K
FY2025▼ -49%
Net assets by fiscal year
FY2024$246K
FY2025$125K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2017-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Nov 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $359K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
See Falls Area Singletrack INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and maintains trails for hiking, running, and biking.

Provided by the organization

This section is blank until Falls Area Singletrack INC claims this page.

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1 program service account for $338K of program spending, described in the organization's own filed words · FY2025.
01

Built trail at great bear park in Sioux Falls

$338Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$238K
Ln 12
Gifts and grantsLn 1h$237K
Investment incomeLn 3$1K
Other incomeLn 4–11$67
Money outPt IX
$359K
Ln 25
Managementcol C$359K
Owns and owesPt X
$125K
net assets · Ln 32
Cash and savingsLn 1–2$100K
Total assetsLn 16$125K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$237K
Investment incomeLn 3$1K
Other incomeLn 4–11$67
Total revenueLn 12$238K
Assets in detailPt X, end of year
CashLn 1$31K
SavingsLn 2$69K
Cash and savings togetherLn 1–2$100K
Other assetsLn 15$25K
Total assetsLn 16$125K
LiabilitiesLn 26$0
Net assetsLn 32$125K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$221K$100K
Total assetsLn 16$246K$125K
LiabilitiesLn 26$0$0
Net assetsLn 32$246K$125K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$3K$3K
OccupancyLn 16$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$352K$0$352K$0
Total functional expensesLn 25$359K$0$359K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $238K$359K−$121K$125K 990 PDF
FY2024 $193K$246K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $237,786 across 6 lines filed
Lines not itemized here account for $67 of total revenue; see the IRS return.
VIII-1b Membership dues$1,062
VIII-1d Related organizations$0
VIII-1f All other contributions, gifts and grants$235,491
VIII-1h Total contributions, gifts and grants$236,553
VIII-3 Investment incomeRelated to mission $1,166 · Unrelated business $0$1,166
VIII-12 Total revenueRelated to mission $1,166 · Unrelated business $0 · Excluded from tax $0$237,786
Part IX · Statement of functional expenses $358,729 across 4 lines filed
IX-13 Office expensesManagement $2,963$2,963
IX-16 OccupancyManagement $1,500$1,500
IX-23 InsuranceManagement $2,182$2,182
IX-24 Other expenses (24a–d)Programs $0 · Management $352,053 · Fundraising $0$352,053
IX-25 Total functional expensesPrograms $0 · Management $358,729 · Fundraising $0$358,729
Part X · Balance sheet $125,057 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $220,827$31,046
X-2 Savings and temporary cash investmentsStart of year $0$69,011
X-15 Other assetsStart of year $25,000$25,000
X-16 Total assetsStart of year $245,827$125,057
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $245,826$125,057
X-33 Total liabilities and net assetsStart of year $245,826$125,057
Part XI · Reconciliation of net assets $125,057 net assets at year end
XI-1 Total revenue$237,786
XI-2 Total expenses$358,729
XI-3 Revenue less expenses−$120,943
XI-4 Net assets at start of year$245,827
XI-10 Net assets at end of year$125,057

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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