2026-05-13T16:02:16-05:00 2025-06-30 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2024-07-01 460280847 Presentation College PRES 6052298453 1500 North 2nd Street Aberdeen SD 57401 Deanna Larson Board Chair 6052298453 2026-05-13 1 1 Lisa Chaffee CPA P00193453 6052258783 2026-05-13 2024 2025-03-06 01:10:19Z Deanna Larson 1500 North 2nd Street Aberdeen SD 57401 238939 0 0928 X www.presentation.edu X 1951 SD Challenge learners toward academic excellence and the development of the whole person. 7 7 2 7 0 0 7623719 166418 318642 0 2153789 63425 2063 1026 10098213 230869 93245 4532 0 0 1014322 33701 0 0 0 708843 134088 1816410 172321 8281803 58548 2288283 2321390 68 0 2288215 2321390 Welcoming people of all faiths, Presentation College challenges learners toward academic excellence and, in the Catholic tradition, the development of the whole person. 0 0 4532 4532 1026 The college ceased student services and teaching operations after summer 2023 session. The college continued to finalize and wrap up financial activity into the June 30, 2025 fiscal year. 4532 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 1 0 1 1 1 0 MN X Deanna Larson 6052298453 1500 North 2nd Street Aberdeen SD 57401 X Deanna Larson Board Chair 3.00 X X 0 0 0 Esther Preszler Board Vice Chair 3.00 X X 0 0 0 Sr Vicky Larson Member 2.00 X 0 0 0 Sr Patricia Prunty Member 2.00 X 0 0 0 Randy Schuring Member 2.00 X 0 0 0 Kyle Schwan Member 2.00 X 0 0 0 Cindi Walsh Member 3.00 X 0 0 0 0 0 0 0 0 0 0 0 166418 166418 71495 71495 8070 -8070 -8070 -8070 Miscellaneous Income 900099 1026 1026 1026 230869 1026 0 63425 X 4532 4532 24147 24147 9554 9554 4347 4347 3420 3420 38307 38307 13687 13687 74327 74327 172321 4532 167789 0 2262875 2321390 35 0 25373 0 2288283 2321390 68 0 68 0 X 2229217 2264040 58998 57350 2288215 2321390 2288283 2321390 58548 -25373 0 X 0 0 0 X 2205041 46122 3411 2247752 12625451 884187 8511770 2792827 2205041 15081912 52254 811218 3319933 12625451 16525545 930083 -1271875 1101841 15081912 13202732 1354062 2608060 639309 16525545 1.00000 0.00000 0.00000 0 0 0 Part V, Line 4: The endowment funds are used for institutional scholarships and grants and support of college programs. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Publicized in all the College's marketing printed material, via the institutions web-pages, Faculty, Staff and Student handbooks, and various bulletin boards on campus. The school operations were ceased in summer 2023. Schedule E, Part I, Line 6 Financial aid is received by the College from the US Department of Education and US Department of Health and Human Services based on students' eligibility for grants or loans. The College also receives an administrative cost allowance from the US Department of Education for the College's participation in the Pell, SEOG, and Workstudy programs. The school operations were ceased on August 4th, 2023. Form 990, Part VI, Section A, line 6 Members of the College are the elected officers of the Congregation of the Sisters of the Presentation of the Blessed Virgin Mary of Aberdeen, South Dakota as defined by the College's Articles of Incorporation. Form 990, Part VI, Section A, line 7a Four members of the board of trustees shall be members (and/or appointed representatives of members) of the Congregation of the Sisters of the Presentation of the Blessed Virgin Mary of Aberdeen, South Dakota. The members have the authority to appoint two to four people to the Board of Trustees. Form 990, Part VI, Section A, line 7b The members of the organization shall have the authority to take the following actions unilaterally: (a) Appoint two to four people to the Board of Trustees. (b) Remove a Trustee appointed by the Members of this Corporation from the Board of Trustees with or without cause. (c) Require the Board of Trustees to consider or reconsider any action or item within 90 days that the Members have determined to be significant to the Presentation of the Blessed Virgin Mary or Catholic character of this Corporation. (d) Remove any or all of the members of the Board of Trustees as a group and name successor Trustees. (e) Appoint one Member of this Corporation to any presidential search committee The Board of Trustees of the organization may not take the following actions without the approval of the Members of the organization: (a) Appoint the President of the College. (b) Sell, lease, or encumber any real property owned by this Corporation. (c) Purchase real property. (d) Construct new buildings or undertake major renovation of existing buildings. (e) Incur long-term debt in excess of an amount set from time to time by the Members of this Corporation. (f) Make capital expenditures in excess of an amount set from time to time by the Members of this Corporation. (g) Elect new Trustees (h) Adopt or amend the gift policies of this Corporation. Form 990, Part VI, Section A, line 8b Minutes are maintained for all committees however there are no committees with authority to act on behalf of the governing board. While an Executive Committee exists, their responsibilities are advisory in nature. Form 990, Part VI, Section B, line 11b Upon receipt of the completed return, the Board Chair will review the return prior to filing with the Internal Revenue System. Form 990, Part VI, Section B, line 12c The board members are required to disclose at every board meeting any conflicts. A statement is handed out prior to each board meeting and must complete with any elements that could be a potential conflict of interest. This becomes part of the permanent board proceeding record. Form 990, Part VI, Section B, line 15 President - Comparison with regional salaries of similar college presidents and based on performance. Performance review is done annually. For the College administrators, including the CFO, salaries are determined by the President based on market comparables for institutions of similar size and nature. Salaries are part of the budget, which is approved by the board of trustees. Market comparisons are performed annually. Form 990, Part VI, Section C, line 19 These documents are not available to the general public. Form 990, Part IX, line 11g Contracted Services: Program service expenses 0. Management and general expenses 38,307. Fundraising expenses 0. Total expenses 38,307. Sisters of the Presentation of Blessed Virgin Mary 1500 N 2nd street Aberdeen SD 57401 460253283 Sisters of the PBVM is the College's sponsor organization SD 501(c)(3) Line 1 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0