Civic Intelligence

Fairfield County Foundation

990 • Fiscal year 2022 • EIN 34-1623983

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

162 East Main StLancaster, OH 43130

(740) 654-8451

Siviq Scores

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

Liabilities / Assets

29th percentile

0.08x

Higher debt load relative to assets than 29% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.85x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

9th percentile

$110,077

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

15th percentile

-13%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-35%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Down

$59,708,266

Down $8,669,474 (-13%) from 2021

Net Assets

Down

$54,638,753

Down $8,782,781 (-14%) from 2021

Liabilities

Up

$5,069,513

Up $113,307 (+2.3%) from 2021

Revenue

Down

$5,979,671

Down $3,214,171 (-35%) from 2021

Expenses

Up

$4,424,946

Up $689,737 (+18%) from 2021

Net Income

Down

$1,554,725

Down $3,903,908 (-72%) from 2021

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $27,758,079Liabilities 2010: $2,879,304Net Assets 2010: $24,878,7752010Assets 2011: $28,212,772Liabilities 2011: $2,972,697Net Assets 2011: $25,240,0752011Assets 2012: $32,393,126Liabilities 2012: $3,358,051Net Assets 2012: $29,035,0752012Assets 2013: $37,397,176Liabilities 2013: $4,221,951Net Assets 2013: $33,175,2252013Assets 2014: $39,548,796Liabilities 2014: $5,353,900Net Assets 2014: $34,194,8962014Assets 2015: $37,431,725Liabilities 2015: $4,570,938Net Assets 2015: $32,860,7872015Assets 2016: $41,974,695Liabilities 2016: $4,693,960Net Assets 2016: $37,280,7352016Assets 2017: $48,027,258Liabilities 2017: $4,768,011Net Assets 2017: $43,259,2472017Assets 2018: $44,903,938Liabilities 2018: $4,432,809Net Assets 2018: $40,471,1292018Assets 2019: $53,046,106Liabilities 2019: $4,563,942Net Assets 2019: $48,482,1642019Assets 2020: $59,703,095Liabilities 2020: $4,334,543Net Assets 2020: $55,368,5522020Assets 2021: $68,377,740Liabilities 2021: $4,956,206Net Assets 2021: $63,421,5342021Assets 2022: $59,708,266Liabilities 2022: $5,069,513Net Assets 2022: $54,638,7532022Assets 2023: $70,024,648Liabilities 2023: $5,810,852Net Assets 2023: $64,213,7962023Assets 2024: $76,355,879Liabilities 2024: $10,065,567Net Assets 2024: $66,290,3122024

Highlighted filing

2022

Assets$59,708,266
Liabilities$5,069,513
Net Assets$54,638,753

Operations Trend

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

$10M$5.0M$0Expenses 2010: $1,699,5812010Expenses 2011: $1,932,0062011Expenses 2012: $1,888,5422012Revenue 2013: $3,430,002Expenses 2013: $2,166,915Net Income 2013: $1,263,0872013Revenue 2014: $4,149,401Expenses 2014: $2,523,500Net Income 2014: $1,625,9012014Revenue 2015: $3,219,479Expenses 2015: $2,451,957Net Income 2015: $767,5222015Revenue 2016: $5,846,630Expenses 2016: $2,440,945Net Income 2016: $3,405,6852016Revenue 2017: $5,252,645Expenses 2017: $2,622,947Net Income 2017: $2,629,6982017Revenue 2018: $5,147,092Expenses 2018: $3,274,599Net Income 2018: $1,872,4932018Revenue 2019: $7,743,046Expenses 2019: $3,716,013Net Income 2019: $4,027,0332019Revenue 2020: $5,014,257Expenses 2020: $3,024,959Net Income 2020: $1,989,2982020Revenue 2021: $9,193,842Expenses 2021: $3,735,209Net Income 2021: $5,458,6332021Revenue 2022: $5,979,671Expenses 2022: $4,424,946Net Income 2022: $1,554,7252022Revenue 2023: $6,779,760Expenses 2023: $3,970,512Net Income 2023: $2,809,2482023Revenue 2024: $7,695,218Expenses 2024: $5,761,940Net Income 2024: $1,933,2782024

Highlighted filing

2022

Revenue$5,979,671
Expenses$4,424,946
Net Income$1,554,725
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$5,980,869
Mission and Program Overview

Mission

Building a legacy through philanthropy and stewardship to strengthen our community. The fairfield county foundation has helped donors create lasting charitable legacies that carry on their names, their values and their priorities. Within the foundation are more than 300 individual charitable funds, each created by donors to address those local causes they are most passionate about. Foundation grants support the arts, children's programs, health and wellness projects, community development, academics and much more. From scholarships for deserving fairfield county youth and equipment to keep people fit and healthy, to improvements to green spaces throughout our county and grants to feed the hungry, the fairfield county foundation touches every member of our community in some way.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$62,878,598$53,990,750▼ $8,887,848
Savings and Temporary Cash Investments$3,925,246$4,789,704▲ $864,458
Land, Buildings, and Equipment, Net$1,571,767$926,130▼ $645,637
Accounts Receivable$2,129$1,682▼ $447
Total Assets$68,377,740$59,708,266▼ $8,669,474
Liabilities
Other Liabilities$4,947,887$5,059,107▲ $111,220
Accounts Payable and Accrued Expenses$8,319$10,406▲ $2,087
Total Liabilities$4,956,206$5,069,513▲ $113,307
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$62,546,560$53,747,862▼ $8,798,698
Net Assets With Donor Restrictions$874,974$890,891▲ $15,917
Total Net Assets Fund Balance$63,421,534$54,638,753▼ $8,782,781
Total Liabilities and Net Assets / Fund Balance$68,377,740$59,708,266▼ $8,669,474

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$603,756$321,661$925,417
Equipment$32,839$89,287$122,126
Land$92,510-$92,510
Other Land Buildings$197,025--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$6,606,854$412,372▼ $962,023-$5,839,833
2021$5,827,563$264,556▲ $767,732-$6,606,854
2020$5,887,863$112,873▲ $797,308-$5,827,563
2019$5,641,747$117,829▲ $1,067,214-$5,887,863
2018$5,735,967$588,764▼ $325,308-$5,641,747
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy EymanExecutive DiFT$106,917$3,160$110,077

Board Members and Trustees

NameTitle
Aundrea CordleChairman
Molly BatesChairman
Mike LieberVice Chairma
Connor SmithTrustee
Dean DerolphTrustee
Debra SmithTrustee
Jarrod TudorTrustee
Jeff BeardTrustee
John McgrawTrustee
Lynn BarbozaTrustee
Martin BarkerTrustee
Melissa WalkerTrustee
Rick RickettsTrustee
Eileen CompettiSecretary
Woody WinfreeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,113,764
Program Service Revenue
$623,195
Investment Income
$2,207,571
Other Revenue
$35,141
All Other Contributions
$3,113,764
Change in Net Assets
$1,554,725

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded12$534,430
Total Noncash Contributions12$534,430

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,980,603
Revenue Not Reported on Financial Statements
$-932
Revenue Not Reported on Form 990
$-10,315,323
Other Revenue Adjustments
$-932
Total Revenue per Audited Statements
$-4,334,720
Total Revenue per Form 990
$5,979,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,031,971
Other Expenses$966,278
Salaries, Compensation, and Employee Benefits$426,697
Total Fundraising Expense$172,377
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,348,489--$2,348,489
Grants to Domestic Individuals$683,482--$683,482
Fees for Services Other$585,681--$585,681
Other Salaries and Wages$134,508$53,654$44,234$232,396
Fees for Service Investment Mgmnt Fees$131,183$1,325-$132,508
Current Officers, Directors, Trustees, and Key Employees$26,730$26,730$53,457$106,917
Pension Plan Contributions$29,960$15,120$15,051$60,131
Occupancy-$50,244-$50,244
Advertising--$46,538$46,538
Information Technology$4,808$31,046$4,808$40,662
Fees for Services Management-$37,464-$37,464
Depreciation Depletion-$28,374-$28,374
Payroll Taxes$13,615$6,904$6,734$27,253
Fees for Services Accounting-$10,000-$10,000
Office Expenses-$9,998-$9,998
Insurance-$7,184-$7,184
Conferences and Meetings$1,533$1,001$900$3,434
Fees for Services Legal-$2,172-$2,172
Travel$440-$655$1,095
Other Expenses-$-1,473-$-1,473
Total Functional Expenses$3,960,429$292,140$172,377$4,424,946

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,448,061
Expenses per Audited Statements$4,424,946
Total Expenses per Form 990$4,424,946
Expenses Not Reported on Form 990$23,115
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fairfield County FoundationLancaster, OH501c3Community Impact Fun$350,000
True Vision Christian CommunityLancaster, OHGovDonor Advised$161,000
Decorative Arts Center of OhioLancaster, OH501c3Endowment Fund$144,186
Fairfield Community Health CenterLancaster, OH501c3Health$118,000
The Lancaster Festival IncLancaster, OH501c3Endowment$100,000
The Lancaster Festival IncLancaster, OH501c19Community Progress$76,041
Family Y of Lancaster and FairfieldLancaster, OH501c3Unrestricted$60,000
Lutheran Social ServicesColumbus, OH501c3Unrestricted$57,932
Centex Childrens RanchTemple, TX501c3Donor Advised Dontai$55,000
Maywood MissionLancaster, OH-Human Services$52,000
City of LancasterBaltimore, OH501c3Educational$50,000
Fairfield Center for DisabilitiesLancaster, OH501c3Donor Advised Fund$50,000
Habitat for Himanity of Se OhioLancaster, OH501c3Unrestricted$50,000
Lancaster-fairfield Community ActioLancaster, OH501c3Donor Advised Donati$50,000
Meals on Wheels Fairfield CountyLancaster, OH501c3Donor Advised Donati$50,000
American Red Cross of Sc OhioLancaster, OH501c3Unrestricted$43,968
Village of BalitmoreLancaster, OH501c3Unrestricted$42,000
Fairfield County FoundationLancaster, OH501c3Unrestricted$40,788
United Way of Fairfield CoPickerington, OHGovCommunity Progress$40,666
Alvis IncColumbus, OHGovDonor Advised Donati$35,000
The Lancaster Festival IncLancaster, OH501c13Unrestricted$35,000
Fairfield Medical Center FoundationLancaster, OH501c3Health$32,525
Heidi-ho CorpRoseville, MI501c3Fundraising Expense$30,570
Alumni Assoc of the Amanda ClearcreAmanda, OH501c3Scholarship$29,214
Fairfield Heritage AssociationLancaster, OH501c3Endowment Fund$28,536
Ohio Glass MuseumLancaster, OH501c3Donor Advised Donati$27,000
Scottsville Police DepartmentScottsville, KY501c3Donor Advised Donati$22,500
New Horizons Mental Health ServicesLancaster, OH501c3Donor Advised Donati$22,000
Fairfield Area Humane SocietyLancaster, OH501c3Unrestricted$20,000
Faith Memorial ChurchLancaster, OH501c3Donor Advised$20,000
Friends of Lancaster Parks & RecLancaster, OH501c3Donor Advised Donati$20,000
Geneva Hills Group IncLancaster, OH-Human Services$20,000
Nardone Family TrustWheeling, WVGovDonor Advised Donati$20,000
Willima V Fisher Catholic High SchoColumbus, OH501c3Scholarship$20,000
HillyardLancaster, OH-Fundraising Expense$18,731
Saint Bernard SchoolWabash, IN501c3Donor Advised Fund$16,300
Destination Downtown LancasterLancaster, OH501c3Unrestricted$15,600
Fairfield 33 Development AllianceCarroll, OH501c3Donor Advised Donati$15,000
Friends and Families of Veterans FuBaltimore, OH501c3Donor Advised Donati$15,000
Friends of HondurasBallwin, MO501c3Donor Adivised Donat$15,000
Maywood MissionsLancaster, OH501c3Human Services$15,000
Lancaster Fresh MarketLancaster, OH501c3Donor Advised Donati$14,140
Amanda-clearcreek Local SchoolsAmanda, OH501c3Education$13,436
AHA A HANDS-ON CHILDREN'S MUSEUMLancaster, OH501c3Donor Advised Donati$12,600
Lancaster ChoraleLancaster, OH501c3Endowment Funds$12,398
Fairfield Area Humane SocietyLancaster, OH-Community Progress$12,147
Destination Downtown LancasterRushville, OH-Donor Advised Donati$11,316
Lancaster & Fairfield Co Amateur RaLancaster, OH501c3Donor Advised Donati$11,200
Concrete Orkidz FoundationColumbus, OH501c3Afterschool Pgm Supp$10,900
Cneece FoundationLancaster, OH501c3Community Progress$10,000
Lancaster Vineyard ChurchCanal Winchester, OH-Donor Advised Donati$10,000
Lancaster-fairfield Co Charity NewsLancaster, OH501c3Unrestricted$10,000
St Mary of the Assumption Catholic--Donor Advised Donati$10,000
Wagnalls Memorial Preservation FundLancaster, OH501c3Donor Advised Donati$10,000
First Presbyterian ChurchLancaster, OH501c3Religion$9,486
Bible Missionaries FellowshipPowell, OH501c3Donor Advised Donati$8,900
Allen Chapel ChurchLancaster, OH-Scholarship$8,000
K9 Sensus FoundationLucas, IA501c3Donor Advised Fund$7,500
Tyler C Sharpe IncLancaster, OH-Community Progress$7,094
Violet Cemetery AssociationLighopolis, OHGovArts, Culture$7,000
Sally Grimm---$6,975
Connexion WestLancaster, OH-Donor Advised Donati$6,525
The Ryan Reeb FundLancaster, OH501cDonor Advised$6,450
Ale House 1890Lancaster, OH-Education$6,024
NATIONWIDE CHILDREN'S HOSPITALLancaster, OH501c3Sos Donation$5,250
Osu - the JamesColumbus, OH501c3Donation$5,250
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Andrew EymanDirector SonRepairs/maintenanceNo$2,114
John EymanDirector SpouseRepairs/cleaningNo$598
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Managed Assets Under Agency Contract$5,059,107
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copies of form 990 are provided to board members with paper copies at board meetings or via e-mail.

Form 990, Page 6, Part VI, Line 12C

Annual review of the policy by the board.

Form 990, Page 6, Part VI, Line 15A

Executive director's salary is subject to review by an executive committee of the board.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request at the foundation's office. Form 990 is provided to the public via the guidestar website as well as the foundation's website.

Filing and Contact Details

Filer

Filer Name
Fairfield County Foundation
EIN
34-1623983
Phone
7406548451
Address
162 EAST MAIN ST, LANCASTER, OH 43130

Signing Officer

Name
Amy Eyman
Title
Executive Director
Phone
7406548451
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Eyman
Formed
1989
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
6

Preparer

Firm
Bhm CPA Group Inc
Address
1 E CAMPUS VIEW BLVD STE 300, COLUMBUS, OH 43235
Preparer
Ryan C Hixenbaugh CPA
Phone
6143895775
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Building a legacy through philanthropy and stewardship to strengthen our community. The fairfield county foundation has helped donors create lasting charitable legacies that carry on their names, their values and their priorities. Within the foundation are more than 300 individual charitable funds, each created by donors to address those local causes they are most passionate about. Foundation grants support the arts, children's programs, health and wellness projects, community development, academics and much more. From scholarships for deserving fairfield county youth and equipment to keep people fit and healthy, to improvements to green spaces throughout our county and grants to feed the hungry, the fairfield county foundation touches every member of our community in some way.

Form 990, Part IX, Line 11G

Foundation admin fee 310,411 0 0 foundation admin fee 275,270 0 0 total 585,681 0 0

Form 990, Part XI, Line 9

Chg in net assets w/donor restriction 15,917 collectible appreciation 0 p/y k-1 income -266 rental expenses 1,198 federal ubit tax -6,000 rental expenses -1,198 chg in net assets w/donor restriction -15,917 total -6,266

Financial Statement Notes

Schedule D, Page 3, Part X

The most significant tax positions of the organization are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business income tax (ubit). The foundation follows the guidance of asc 740, accounting for income taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Management is not aware of any uncertain tax positions for the foundation for the years ended december 31, 2022 and 2021. The foundation's informational return is subjext to examination by taxing authorities for a period of three years from the date they are filed. The open years for the filed returns are 2019-2021 and the return 2022 return to be filed in 2023.

Schedule D, Page 4, Part XI, Line 2D

Chg in net assets w/donor restriction 15,917 collectible appreciation 0

Schedule D, Page 4, Part XI, Line 4B

P/y k-1 income 266 rental expenses -1,198

Schedule D, Page 4, Part XII, Line 2D

Federal ubit tax 6,000 rental expenses 1,198 chg in net assets w/donor restriction 15,917

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IRS990/MissionDesc0BUILDING A LEGACY THROUGH PHILANTHROPY AND STEWARDSHIP TO STRENGTHEN OUR COMMUNITY. THE FAIRFIELD COUNTY FOUNDATION HAS HELPED DONORS CREATE LASTING CHARITABLE LEGACIES THAT CARRY ON THEIR NAMES, THEIR VALUES AND THEIR PRIORITIES. WITHIN THE FOUNDATION ARE MORE THAN 300 INDIVIDUAL CHARITABLE FUNDS, EACH CREATED BY DONORS TO ADDRESS THOSE LOCAL CAUSES THEY ARE MOST PASSIONATE ABOUT. FOUNDATION GRANTS SUPPORT THE ARTS, CHILDREN'S PROGRAMS, HEALTH AND WELLNESS PROJECTS, COMMUNITY DEVELOPMENT, ACADEMICS AND MUCH MORE. FROM SCHOLARSHIPS FOR DESERVING FAIRFIELD COUNTY YOUTH AND EQUIPMENT TO KEEP PEOPLE FIT AND HEALTHY, TO IMPROVEMENTS TO GREEN SPACES THROUGHOUT OUR COUNTY AND GRANTS TO FEED THE HUNGRY, THE FAIRFIELD COUNTY FOUNDATION TOUCHES EVERY MEMBER OF OUR COMMUNITY IN SOME WAY.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.4$10.1$66.3$7.70$5.76$1.93
2023Detailed filing. Detailed filing data is available for this year.$70.0$5.81$64.2$6.78$3.97$2.81
2022Detailed filing. Detailed filing data is available for this year.$59.7$5.07$54.6$5.98$4.42$1.55
2021Detailed filing. Detailed filing data is available for this year.$68.4$4.96$63.4$9.19$3.74$5.46
2020Detailed filing. Detailed filing data is available for this year.$59.7$4.33$55.4$5.01$3.02$1.99
2019Detailed filing. Detailed filing data is available for this year.$53.0$4.56$48.5$7.74$3.72$4.03
2018Detailed filing. Detailed filing data is available for this year.$44.9$4.43$40.5$5.15$3.27$1.87
2017Detailed filing. Detailed filing data is available for this year.$48.0$4.77$43.3$5.25$2.62$2.63
2016Detailed filing. Detailed filing data is available for this year.$42.0$4.69$37.3$5.85$2.44$3.41
2015Detailed filing. Detailed filing data is available for this year.$37.4$4.57$32.9$3.22$2.45$0.77
2014Detailed filing. Detailed filing data is available for this year.$39.5$5.35$34.2$4.15$2.52$1.63
2013Detailed filing. Detailed filing data is available for this year.$37.4$4.22$33.2$3.43$2.17$1.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$3.36$29.0$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$2.97$25.2$1.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$2.88$24.9$1.70