Civic Intelligence

First Community Foundation Inc.

990 • Fiscal year 2023 • EIN 31-6027662

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 01, 2024

Organization ProfileFCCHURCH.FOUNDATION
1320 Cambridge BlvdColumbus, OH 43212

(614) 488-0681

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.14x

Higher debt load relative to revenue than 35% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$98,033

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

79th percentile

22%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

51%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$11,675,938

Up $2,415,946 (+26%) from 2020

Net Assets

Up

$11,373,928

Up $2,277,952 (+25%) from 2020

Liabilities

Up

$302,010

Up $137,994 (+84%) from 2020

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin95th percentile

Revenue

Up

$2,233,177

Up $1,122,929 (+101%) from 2020

Expenses

Down

$627,224

Down $76,504 (-11%) from 2020

Net Income

Up

$1,605,953

Up $1,199,433 (+295%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $7,564,232Liabilities 2010: $137,127Net Assets 2010: $7,427,1052010Assets 2011: $7,061,182Liabilities 2011: $95,939Net Assets 2011: $6,965,2432011Assets 2013: $8,319,284Liabilities 2013: $225,752Net Assets 2013: $8,093,5322013Assets 2014: $8,160,613Liabilities 2014: $200,201Net Assets 2014: $7,960,4122014Assets 2015: $7,901,122Liabilities 2015: $191,222Net Assets 2015: $7,709,9002015Assets 2016: $8,356,036Liabilities 2016: $199,834Net Assets 2016: $8,156,2022016Assets 2017: $7,805,489Liabilities 2017: $102,842Net Assets 2017: $7,702,6472017Assets 2018: $7,535,026Liabilities 2018: $109,371Net Assets 2018: $7,425,6552018Assets 2019: $8,103,179Liabilities 2019: $36,428Net Assets 2019: $8,066,7512019Assets 2020: $9,259,992Liabilities 2020: $164,016Net Assets 2020: $9,095,9762020Assets 2023: $11,675,938Liabilities 2023: $302,010Net Assets 2023: $11,373,9282023Assets 2024: $11,812,047Liabilities 2024: $318,169Net Assets 2024: $11,493,8782024

Highlighted filing

2023

Assets$11,675,938
Liabilities$302,010
Net Assets$11,373,928
Open 2023 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $493,6802010Expenses 2011: $581,3022011Revenue 2013: $609,074Expenses 2013: $676,860Net Income 2013: -$67,7862013Revenue 2014: $815,188Expenses 2014: $796,884Net Income 2014: $18,3042014Revenue 2015: $1,461,106Expenses 2015: $711,847Net Income 2015: $749,2592015Revenue 2016: $1,053,009Expenses 2016: $619,309Net Income 2016: $433,7002016Revenue 2017: $1,012,645Expenses 2017: $1,852,551Net Income 2017: -$839,9062017Revenue 2018: $1,402,322Expenses 2018: $1,069,910Net Income 2018: $332,4122018Revenue 2019: $1,340,023Expenses 2019: $1,605,992Net Income 2019: -$265,9692019Revenue 2020: $1,110,248Expenses 2020: $703,728Net Income 2020: $406,5202020Revenue 2023: $2,233,177Expenses 2023: $627,224Net Income 2023: $1,605,9532023Revenue 2024: $1,183,996Expenses 2024: $1,387,946Net Income 2024: -$203,9502024

Highlighted filing

2023

Revenue$2,233,177
Expenses$627,224
Net Income$1,605,953
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$3,653,461
Mission and Program Overview

Mission

Support the programs and ministries of first community church, camp akita, and other worthwhile projects. Its purpose is to fund religious, charitable, scientific, literary and educations endeavors.

First community foundation is a tax-exempt, non-profit organization created for the perpetual support and enhancement of the ministries and missions of first community church.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,265,659$10,433,375▲ $1,167,716
Savings and Temporary Cash Investments$248,991$1,209,409▲ $960,418
Accounts Receivable$26,456$31,686▲ $5,230
Pledges and Grants Receivable$5,980$1,468▼ $4,512
Total Assets$9,547,086$11,675,938▲ $2,128,852
Liabilities
Grants Payable$497,062$299,221▼ $197,841
Accounts Payable and Accrued Expenses$30,791$2,789▼ $28,002
Total Liabilities$527,853$302,010▼ $225,843
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,283,580$9,743,697▲ $1,460,117
Net Assets Without Donor Restrictions$735,653$1,630,231▲ $894,578
Total Net Assets Fund Balance$9,019,233$11,373,928▲ $2,354,695
Total Liabilities and Net Assets / Fund Balance$9,547,086$11,675,938▲ $2,128,852

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,884,315$847,720▲ $502,482$139,760$6,094,757
2022$5,986,442$117,355▼ $756,966$462,516$4,884,315
2021$5,418,100$51,815▲ $865,565$349,038$5,986,442
2020$5,215,438$16,514▲ $465,211$279,063$5,418,100
2019$4,276,186$153,653▲ $857,179$71,580$5,215,438
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Rev Seth StearnsExecutive DirectorPT$98,033$98,033

Board Members and Trustees

NameTitle
Tim GlasserChair
Ralph GriffithPast Chair
Brad GriffithVice Chair
Cathy ConnorTrustee
Chuck WebbTrustee
Clare LongTrustee
David NickelTrustee
Katherine TuckerTrustee
Katie OcasioTrustee
Leslie JunkTrustee
Nancy RummelTrustee
Doug TorranceEx-officio
Glen MilesEx-officio
Cindi KlamarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,889,679
Program Service Revenue
$0
Investment Income
$343,498
Other Revenue
$0
All Other Contributions
$1,889,679
Change in Net Assets
$1,605,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,932,993
Revenue Not Reported on Financial Statements
$-699,816
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-748,742
Total Revenue per Audited Statements
$2,932,993
Total Revenue per Form 990
$2,233,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$493,006
Other Expenses$107,814
Salaries, Compensation, and Employee Benefits$26,404
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$250,006--$250,006
Foreign Grants$243,000--$243,000
Fees for Service Investment Mgmnt Fees-$48,926-$48,926
Fees for Services Management-$30,000-$30,000
Other Salaries and Wages-$24,000-$24,000
Fees for Services Accounting-$20,757-$20,757
Fees for Services Legal-$2,548-$2,548
Insurance-$2,280-$2,280
Payroll Taxes-$1,895-$1,895
Office Expenses-$1,371-$1,371
Information Technology-$1,293-$1,293
Other Employee Benefits-$509-$509
Other Expenses-$17-$17
Total Functional Expenses$493,006$134,218$0$627,224

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$627,224
Expenses per Audited Statements$578,298
Total Expenses per Audited Statements$578,298
Expenses Not Reported on Financial Statements$48,926
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Community ChurchColumbus, OH501(c)(3)General Support$243,506

International Summary

Offices
0
Employees
0
Spending
$243,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesGeneral Support, Teacher Funding, Operating Support for a School and Orphanage.00$243,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“First community church approves board members of the foundation.”

Form 990, Part VI, Section B, Line 11B

“A copy of the draft 990 is sent electronically to each board member for review, requesting questions, comments or edits. The final version is hardcopied to each board member requesting written attestation of presented 990 document. Board action is requested to accept the 990 document prior to the director's signature.”

Form 990, Part VI, Section B, Line 12C

“Each board member is given a copy of the conflict of interest policy, which they sign, stating they will not derive any personal gain directly or indirectly as a member of the foundation board. If they see an issue that involves a potential conflict of interest, they are to identify the potential conflict of interest, not participate in discussion or vote. This is recorded in the minutes of the board.”

Form 990, Part VI, Section B, Line 15A

“The executive director's compensation has historically been determined by an independent process involving the senior minister in consultation with the executive committees of the foundation and church, using comparable data from other organizations. The decision of the board is documented and recorded. The compensation is reviewed on a yearly basis. None of the other officers are compensated by the first community foundation.”

Form 990, Part VI, Section C, Line 18

“The organization's forms 1023 and 990 are available upon request.”

Form 990, Part VI, Section C, Line 19

“The aforementioned forms can be viewed upon request.”

Filing and Contact Details

Filer

Filer Name
First Community Foundation
EIN
31-6027662
Phone
6144880681
Address
1320 CAMBRIDGE BLVD, COLUMBUS, OH 43212

Signing Officer

Name
Robert S Stearns
Title
Executive Director
Phone
6144880681
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Stearns
Formed
1961
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Ary Roepcke Mulchaey Pc
Address
TWO MIRANOVA PLACE SUITE 600, COLUMBUS, OH 43215
Preparer
Tobias a Harper
Phone
6144863600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Income taxes - the foundation is exempt from federal income tax under internal revenue service code section 501(c)(3). The foundation has not identified any material uncertain tax positions requiring an accrual or disclosure in the financial statements. There were no interest or penalties recognized in the statements of activities and change in net assets for the years ended december 31, 2023 and 2022 related to uncertain tax positions. The foundation is no longer subject to u.s. Federal and state examinations for fiscal years prior to 2020.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Unrealized gain -748,742.”

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GainOrLossGrp/SecuritiesAmt097684
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0493006
IRS990/GrantsPayableGrp/BOYAmt0497062
IRS990/GrantsPayableGrp/EOYAmt0299221
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0250006
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0250006
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01517968
IRS990/GrossReceiptsAmt03653461
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01293
IRS990/InformationTechnologyGrp/TotalAmt01293
IRS990/InsuranceGrp/ManagementAndGeneralAmt02280
IRS990/InsuranceGrp/TotalAmt02280
IRS990/InvestmentIncomeGrp/ExclusionAmt0245814
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0245814
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09265659
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010433375
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01420284
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FIRST COMMUNITY FOUNDATION IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION CREATED FOR THE PERPETUAL SUPPORT AND ENHANCEMENT OF THE MINISTRIES AND MISSIONS OF FIRST COMMUNITY CHURCH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt09019233
IRS990/NetAssetsOrFundBalancesEOYAmt011373928
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt097684
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt097684
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0748742
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0735653
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01630231
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01371
IRS990/OfficeExpensesGrp/TotalAmt01371
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0509
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0509
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTION & DUES
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0370
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1252
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217
IRS990/OtherExpensesGrp/TotalAmt0370
IRS990/OtherExpensesGrp/TotalAmt1252
IRS990/OtherExpensesGrp/TotalAmt217
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024000
IRS990/OtherSalariesAndWagesGrp/TotalAmt024000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01895
IRS990/PayrollTaxesGrp/TotalAmt01895
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05980
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01468
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT S STEARNS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01057825
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01059207
IRS990/PYInvestmentIncomeAmt0417174
IRS990/PYOtherExpensesAmt0104271
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0286555
IRS990/PYSalariesCompEmpBnftPaidAmt024966
IRS990/PYTotalExpensesAmt01188444
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01474999
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01605953
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0248991
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01209409
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04884315
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0847720
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06094757
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0502482
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0139760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05986442
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0117355
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04884315
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-756966
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0462516
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05418100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt051815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05986442
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0865565
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0349038
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05215438
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt016514
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05418100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0465211
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0279063
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04276186
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0153653
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05215438
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0857179
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt071580
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt0248750
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0263722
IRS990ScheduleD/DonorAdvisedFundsHeldCnt010
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0292204
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt048926
IRS990ScheduleD/ExpensesSubtotalAmt0578298
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt048926
IRS990ScheduleD/InvestmentExpensesNotIncldAmt048926
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-748742
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.73500
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-699816
IRS990ScheduleD/RevenueSubtotalAmt02932993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE FOUNDATION HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THERE WERE NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022 RELATED TO UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN -748,742.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.26500
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0627224
IRS990ScheduleD/TotalRevenuePerForm990Amt02233177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02932993
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0578298
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0243000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0GENERAL SUPPORT, TEACHER FUNDING, OPERATING SUPPORT FOR A SCHOOL AND ORPHANAGE.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0243000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT, TEACHER FUNDING, OPERATING SUPPORT FOR A SCHOOL & ORPHANAGE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0243000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE PROCESSED THROUGH THE FOUNDATION GRANTS COMMITTEE FOR RECOMMENDATION TO THE FOUNDATION BOARD OF TRUSTEES. THE BOARD EITHER APPROVES OR DOES NOT APPROVE THE GRANT. THOSE AWARDED A GRANT ARE PROVIDED A FORM TO COMPLETE IN REGARDS TO THE USE AND AMOUNT OF PROJECT COSTS TO BE RETURNED TO THE FOUNDATION UPON USE OF THE FUNDS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,675,938
Liabilities
$302,010
Net assets
$11,373,928
Revenue
$2,233,177
Expenses
$627,224
Net income
$1,605,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.32$11.5$1.18$1.39$0.20
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.30$11.4$2.23$0.63$1.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.26$0.16$9.10$1.11$0.70$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.04$8.07$1.34$1.61$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$0.11$7.43$1.40$1.07$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.81$0.10$7.70$1.01$1.85$0.84
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.36$0.20$8.16$1.05$0.62$0.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.90$0.19$7.71$1.46$0.71$0.75
2014Detailed filing. Detailed filing data is available for this year.$8.16$0.20$7.96$0.82$0.80$0.02
2013Detailed filing. Detailed filing data is available for this year.$8.32$0.23$8.09$0.61$0.68$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.06$0.10$6.97$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.56$0.14$7.43$0.49