IHANKTONWAN FUND INC Charity Report

Public IRS 990 nonprofit record

IHANKTONWAN FUND INC

EIN 93-4753246 · Fund Raising & Fund Distribution - Community Improvement (S12)

What they do

The Ihanktonwan Fund is A Community Development Financial Institution (CDFI) That Provides Education, Training, and Direct Lending to Support Community and Business Development and An Improved Quality of Life for People Residing On or Near The Yankton Sioux Reservation (an Economically Depressed Area).

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$0.23spent for every $100 of revenueRevenue covered expenses this year.

$100.00of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

$433.03in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$500,000

Expenses$1,152

Annual surplus $498,848 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$1,152 · 100.0% of expenses

See all reported dollar amounts

Revenue$500,000

Expenses$1,152

Assets$498,848

Income$500,000

Contributions$500,000

Management and general$1,152

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (5)

CECILY ENGELHARTSECRETARY BOARD OF DIRECTOR

CHIARA BRUGUIERBOARD OF DIRECTOR MEMBER

EARL COURNOYERTREASURER BOARD OF DIRECTOR

MYSTIC COURNOYERBOARD OF DIRECTOR CHAIRPERSON

SASHEEN STONEBOARD OF DIRECTOR VICE CHAIRPERSON

About this charity

Recognized since: January 2023
Location: 800 South Main street, Wagner, SD 57380
County: Charles Mix
In care of: Mystic Cournoyer
Primary officer: Mystic Cournoyer, Board Chairwoman

How to reach them

Phone(605) 469-5276

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Fund Raising & Fund Distribution - Community Improvement (S12)
IRS tax category: Fund Raising & Fund Distribution