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    Akiptan Logo

    MIP Score

    66

    Societal Benefit
    Alternative Banking

    Akiptan

    Akiptan Logo

    Akiptan

    Societal Benefit
    Alternative Banking
    412 S Main St, Eagle Butte, South Dakota, 57625View all Eagle Butte charities
    EIN: 82-3541909
    Total Assets: $19 million
    Established in 2017

    Mission

    Akiptan is a Native American Community Development Financial Institution (CDFI) that provides loans and technical assistance to those in Native Agriculture. Akiptan offers a whole suite of services that include financing youth, startups, operating costs, and ownership. They focus on patient capital, building solid relationships with borrowers, and providing continuous technical support. Their programs aim to leave more profits in the borrowers’ pockets to help them reinvest and grow their operations.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    412 S Main St, Eagle Butte, South Dakota, 57625

    View all Eagle Butte charities

    Founded in

    2017

    EIN

    82-3541909

    Total Assets

    $19 million

    Mission

    Akiptan is a Native American Community Development Financial Institution (CDFI) that provides loans and technical assistance to those in Native Agriculture. Akiptan offers a whole suite of services that include financing youth, startups, operating costs, and ownership. They focus on patient capital, building solid relationships with borrowers, and providing continuous technical support. Their programs aim to leave more profits in the borrowers’ pockets to help them reinvest and grow their operations.

    Basic Information

    Tax-Exempt

    Address

    412 S Main St, Eagle Butte, South Dakota, 57625

    View all Eagle Butte charities

    Founded in

    2017

    EIN

    82-3541909

    Total Assets

    $19 million

    UN Sustainable Development Goals Supported

    This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

    Showing 3 of 4 goals

    Goal 1

    No Poverty

    Goal 2

    No Hunger

    Goal 3

    Good Health

    Goal 1

    No Poverty

    Goal 2

    No Hunger

    Goal 3

    Good Health

    Goal 4

    Quality Education

    At a Glance

    Youth Loan & Investment

    Youth Loan & Investment

    Native Youth can access loans or investments to grow their agricultural operations.

    General Loan & Investment

    General Loan & Investment

    Operators can borrow up to $100,000 for capacity building in their operations.

    Okhíčhaŋye Scholarship

    Okhíčhaŋye Scholarship

    Scholarships for Native American students pursuing degrees in agriculture.

    Impact Stats

    28

    Tribal Nations

    Tribal Nations Reached

    Number of tribal nations involved with Akiptan.

    $30M

    Loan Capital

    Loan Capital Committed

    Total amount of loan capital committed by Akiptan.

    440

    Loans Provided

    Number of Loans

    Total number of loans provided by Akiptan.

    Our Programs

    Youth Financing

    Loans and investments for Native Youth to start growing their agricultural operations.

    Learn More

    General Financing

    Ownership and Operating loans up to $100,000 to build capacity for agricultural operations.

    Learn More

    Okhíčhaŋye Scholarship

    Scholarships for Native American high school seniors pursuing agricultural degrees.

    Learn More

    Testimonials

    "There’s no way we’d be able to do what we did without Akiptan, there’s something to be said about their customer service, in addition to the financial support. You can get real feedback about your ideas in an honest way, and they check in with you throughout the year because they care about your success."

    Justine Kougl

    Owner of Montana Ranch Beef

    MIP Score (Beta)

    The MIP Score is in beta! We'd love any feedback you may have.

    The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

    Overall Score

    66

    62

    /100

    Program Expense Ratio

    75.43%

    10

    /20

    Program Revenue Growth

    32.21%

    18

    /20

    Leverage Ratio

    0.2628

    12

    /20

    Working Capital Ratio

    11.08

    20

    /20

    Fundraising Efficiency

    0

    2

    /20

    Latest Filing Data: Form 990

    Fiscal Year:2022

    Source:Source: Self-reported by organization

    Financial Details

    Revenue

    CategoryAmountPercentage
    Contributions, Gifts, and Grants4.961M91.41%
    Program Services462.2K8.52%
    Investment Income4.194K0.08%
    Sales of Non-Inventory Assets-175-0.00%
    Other Notable Sources00.00%
    Total Revenue5.428M100.00%

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