Civic Intelligence

Western Indiana Community Foundation Inc.

990 • Fiscal year 2015 • EIN 35-1814927

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 19, 2016

135 S Stringtown Road PO Box 175Covington, IN 47932

(765) 793-0702

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

0.11x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

15th percentile

$69,252

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

49th percentile

0.9%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-25%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$15,152,515

Up $135,895 (+0.9%) from 2014

Net Assets

Up

$15,030,504

Up $297,209 (+2.0%) from 2014

Liabilities

Down

$122,011

Down $161,314 (-57%) from 2014

Revenue

Down

$1,147,169

Down $375,014 (-25%) from 2014

Expenses

Up

$652,858

Up $46,095 (+7.6%) from 2014

Net Income

Down

$494,311

Down $421,109 (-46%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $9,401,410Liabilities 2010: $37,244Net Assets 2010: $9,364,1662010Assets 2011: $9,654,154Liabilities 2011: $44,108Net Assets 2011: $9,610,0462011Assets 2012: $10,457,381Liabilities 2012: $46,813Net Assets 2012: $10,410,5682012Assets 2013: $13,442,321Liabilities 2013: $61,325Net Assets 2013: $13,380,9962013Assets 2014: $15,016,620Liabilities 2014: $283,325Net Assets 2014: $14,733,2952014Assets 2015: $15,152,515Liabilities 2015: $122,011Net Assets 2015: $15,030,5042015Assets 2016: $19,372,553Liabilities 2016: $161,789Net Assets 2016: $19,210,7642016Assets 2017: $21,890,298Liabilities 2017: $263,941Net Assets 2017: $21,626,3572017Assets 2018: $21,125,851Liabilities 2018: $1,075,525Net Assets 2018: $20,050,3262018Assets 2019: $24,985,541Liabilities 2019: $168,664Net Assets 2019: $24,816,8772019Assets 2020: $26,808,272Liabilities 2020: $347,722Net Assets 2020: $26,460,5502020Assets 2021: $32,378,151Liabilities 2021: $367,886Net Assets 2021: $32,010,2652021Assets 2022: $31,699,703Liabilities 2022: $474,791Net Assets 2022: $31,224,9122022Assets 2023: $36,236,748Liabilities 2023: $499,800Net Assets 2023: $35,736,9482023Assets 2024: $42,589,531Liabilities 2024: $464,850Net Assets 2024: $42,124,6812024

Highlighted filing

2015

Assets$15,152,515
Liabilities$122,011
Net Assets$15,030,504

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $375,4472010Expenses 2011: $435,3782011Expenses 2012: $484,7662012Revenue 2013: $1,729,601Expenses 2013: $522,020Net Income 2013: $1,207,5812013Revenue 2014: $1,522,183Expenses 2014: $606,763Net Income 2014: $915,4202014Revenue 2015: $1,147,169Expenses 2015: $652,858Net Income 2015: $494,3112015Revenue 2016: $4,895,780Expenses 2016: $1,240,308Net Income 2016: $3,655,4722016Revenue 2017: $2,322,782Expenses 2017: $1,649,370Net Income 2017: $673,4122017Revenue 2018: $1,632,809Expenses 2018: $1,739,837Net Income 2018: -$107,0282018Revenue 2019: $2,566,373Expenses 2019: $1,346,340Net Income 2019: $1,220,0332019Revenue 2020: $3,597,302Expenses 2020: $1,719,823Net Income 2020: $1,877,4792020Revenue 2021: $3,329,026Expenses 2021: $2,025,745Net Income 2021: $1,303,2812021Revenue 2022: $3,172,409Expenses 2022: $1,908,778Net Income 2022: $1,263,6312022Revenue 2023: $4,817,766Expenses 2023: $2,586,811Net Income 2023: $2,230,9552023Revenue 2024: $6,385,248Expenses 2024: $2,700,414Net Income 2024: $3,684,8342024

Highlighted filing

2015

Revenue$1,147,169
Expenses$652,858
Net Income$494,311
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 19, 2016
Return Version
2015v2.1
Gross Receipts
$3,496,349
Mission and Program Overview

Mission

"helping people improve our community." families, individuals, businesses, and nonprofit groups establish funds within the foundations into which they can contribute a variety of assets to be used for charitable purposes. Grants are awarded to community projects, nonprofit organizations and students for scholarships.

"helping people improve our community."

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,818,492$9,685,825▼ $132,667
Investments Other Securities$4,132,285$4,324,980▲ $192,695
Cash and Non-Interest-Bearing Accounts$267,195$307,776▲ $40,581
Land, Buildings, and Equipment, Net$123,743$114,850▼ $8,893
Accounts Receivable$0$53,000▲ $53,000
Savings and Temporary Cash Investments$25,779--
Total Assets$15,016,620$15,152,515▲ $135,895
Other Assets Total$649,126$666,084▲ $16,958
Liabilities
Grants Payable$48,888$91,982▲ $43,094
Deferred Revenue$231,848$25,528▼ $206,320
Accounts Payable and Accrued Expenses$2,589$4,501▲ $1,912
Total Liabilities$283,325$122,011▼ $161,314
Net Assets / Fund Balance
Permanently Rstr Net Assets$7,977,938$7,977,938→ $0
Temporarily Rstr Net Assets$6,342,810$6,656,012▲ $313,202
Unrestricted Net Assets$412,547$396,554▼ $15,993
Total Net Assets Fund Balance$14,733,295$15,030,504▲ $297,209
Total Liabilities and Net Assets / Fund Balance$15,016,620$15,152,515▲ $135,895

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,899$52,888$128,787
Equipment$12,201$29,420$41,621
Land$26,750-$26,750
Other Securities$4,324,980--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$13,814,061$580,125▲ $206,241-$14,126,392
2014$12,473,726$607,073▲ $1,143,105-$13,814,061
2013$9,817,908$885,231▲ $2,074,589-$12,473,726
2012$9,204,594$245,204▲ $632,219-$9,817,908
2011$8,944,723$114,839▲ $282,501-$9,204,594
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dale WhiteExecutive DirectorFT$69,252$69,252

Board Members and Trustees

NameTitle
Raquel StultzPresident
Dick MinnetteVice-president
Beth MasonDirector
Bob WrightDirector
John ShambachDirector
Susan ReynoldsDirector
Tom Mcgurk JrDirector
Kevin MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$727,367
Program Service Revenue
$0
Investment Income
$419,802
Other Revenue
$0
All Other Contributions
$727,367
Change in Net Assets
$494,311

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,088,293
Revenue Not Reported on Financial Statements
$58,876
Revenue Not Reported on Form 990
$-153,978
Total Revenue per Audited Statements
$934,315
Total Revenue per Form 990
$1,147,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$390,346
Other Expenses$140,988
Salaries, Compensation, and Employee Benefits$121,524
Total Fundraising Expense$9,189
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$213,372--$213,372
Grants to Domestic Individuals$176,974--$176,974
Current Officers, Directors, Trustees, and Key Employees-$69,252-$69,252
Fees for Service Investment Mgmnt Fees-$58,876-$58,876
Other Salaries and Wages-$32,252-$32,252
Office Expenses-$14,052-$14,052
Other Employee Benefits-$12,268-$12,268
Fees for Services Accounting-$9,900-$9,900
Depreciation Depletion-$8,893-$8,893
Payroll Taxes-$7,752-$7,752
Occupancy-$4,829-$4,829
Insurance-$3,630-$3,630
Travel-$2,737-$2,737
Other Expenses$1,193$3,376$9,189$1,193
Fees for Services Legal-$1,157-$1,157
Total Functional Expenses$391,539$252,130$9,189$652,858

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$652,858
Expenses per Audited Statements$593,982
Total Expenses per Audited Statements$593,982
Expenses Not Reported on Financial Statements$58,876
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various Local Agencies in Western IndianaCovington, IN501(c)(3)Building Improvements/technology Upgrades/food Pantry/trail Development$213,372
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The audit committee reviews the audit report - the finance committee and the board review the audit committee's recommendation. The form 990 is also reviewed by the board prior to its filing.

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

The conflict of interest policy is discussed at the first board meeting of each calendar year when forms are distributed for board member signatures. Discussions also take place from time to time at regular board meetings. Board members abstain from voting when they have a conflict of interest with a pending motion.

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

The board of directors approves pay annually and base their recommendations on the employee's performance, comparable data, and inflation increases. The board of directors approve the increase prior to the change becoming effective.

Form 990, Part VI, Section C, Line 19

The foundation's 990 is on the internet at guidestar.org and the national center for charitable statistics. The foundation's annual report makes reference that the audit is available for review during the office hours of the organization.

Filing and Contact Details

Filer

Filer Name
Western Indiana Community
EIN
35-1814927
Phone
7657930702
Address
135 S STRINGTOWN ROAD PO BOX 175, COVINGTON, IN 47932

Signing Officer

Name
Kevin Martin
Title
Treasurer
Phone
7657930702
Signed
2016-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Martin
Formed
1990
Legal Domicile
In
Voting Board Members
25
Independent Board Members
25
Employees
3
Volunteers
10

Preparer

Firm
Cliftonlarsonallen Llp
Address
2 EAST MAIN ST SUITE 120, DANVILLE, IL 61832
Preparer
Phil Muehl
Phone
2174421643
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Increase in crut value 5,535. Prior year correction -43,124.

Form 990, Part XII, Line 2C

The committee has not changed their approval process from the prior year.

Financial Statement Notes

PART V, LINE 4:

The endowments were set up with restricted contributions. The organization administers and distributes funds in accordance with the donor restrictions.

PART X, LINE 2:

It was determined the organization had no uncertain tax positions so no footnote was included in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Increase in crut value 5,535.

Raw XML AppendixShowing 400 of 492 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/OfficeExpensesGrp/ManagementAndGeneralAmt014052
IRS990/OfficeExpensesGrp/TotalAmt014052
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0649126
IRS990/OtherAssetsTotalGrp/EOYAmt0666084
IRS990/OtherChangesInNetAssetsAmt0-37589
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012268
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DONOR DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt09189
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13376
IRS990/OtherExpensesGrp/ProgramServicesAmt01193
IRS990/OtherExpensesGrp/TotalAmt023156
IRS990/OtherExpensesGrp/TotalAmt19189
IRS990/OtherExpensesGrp/TotalAmt23376
IRS990/OtherExpensesGrp/TotalAmt31193
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032252
IRS990/OtherSalariesAndWagesGrp/TotalAmt032252
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07752
IRS990/PayrollTaxesGrp/TotalAmt07752
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt07977938
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07977938
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEVIN MARTIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0766786
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0368193
IRS990/PYInvestmentIncomeAmt0755397
IRS990/PYOtherExpensesAmt0119121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0915420
IRS990/PYSalariesCompEmpBnftPaidAmt0119449
IRS990/PYTotalExpensesAmt0606763
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01522183
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0494311
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0727367
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0723662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01149083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0447636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0339533
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03387281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0330226
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0271807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0245183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0252151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0171325
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01270692
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014326
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.52260
IRS990ScheduleA/PublicSupportPY170Pct00.49820
IRS990ScheduleA/PublicSupportTotal170Amt02434338
IRS990ScheduleA/SubstantialContributorsTotAmt0952943
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0727367
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0723662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01149083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0447636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0339533
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03387281
IRS990ScheduleA/TotalSupportAmt04657973
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/BuildingsGrp/BookValueAmt075899
IRS990ScheduleD/BuildingsGrp/DepreciationAmt052888
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0128787
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013814061
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0580125
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014126392
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0474035
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0206241
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt012473726
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0607073
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013814061
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0409843
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01143105
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt09817908
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0885231
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt012473726
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0304002
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02074589
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09204594
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0245204
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt09817908
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0264109
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0632219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08944723
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0114839
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09204594
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137469
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0282501
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt00
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt021500
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0717671
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012201
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029420
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041621
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt058876
IRS990ScheduleD/ExpensesSubtotalAmt0593982
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt058876
IRS990ScheduleD/InvestmentExpensesNotIncldAmt058876
IRS990ScheduleD/LandGrp/BookValueAmt026750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt026750
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-159513
IRS990ScheduleD/OtherRevenueAmt05535
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04324980
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MONEY MARKET FUNDS/CERTIFICATES OF DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.56030
IRS990ScheduleD/RevenueNotReportedAmt0-153978
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt058876
IRS990ScheduleD/RevenueSubtotalAmt01088293
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENTS WERE SET UP WITH RESTRICTED CONTRIBUTIONS. THE ORGANIZATION ADMINISTERS AND DISTRIBUTES FUNDS IN ACCORDANCE WITH THE DONOR RESTRICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IT WAS DETERMINED THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS SO NO FOOTNOTE WAS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INCREASE IN CRUT VALUE 5,535.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.43970
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0114850
IRS990ScheduleD/TotalBookValueSecuritiesAmt04324980
IRS990ScheduleD/TotalExpensesPerForm990Amt0652858
IRS990ScheduleD/TotalRevenuePerForm990Amt01147169
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0934315
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0593982
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0176974
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS/BOOK REIMBURSEMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0153
IRS990ScheduleI/RecipientTable/CashGrantAmt0213372
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BUILDING IMPROVEMENTS/TECHNOLOGY UPGRADES/FOOD PANTRY/TRAIL DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS LOCAL AGENCIES IN WESTERN INDIANA
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0135 S STRINGTOWN ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0COVINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd047932
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT PAYMENTS ARE NOT ISSUED TO GRANTEES UNLESS A PAID INVOICE IS PROVIDED. PAYMENTS ARE ISSUED TO THE RESPECTIVE VENDOR WHO WILL BE PROVIDING THE SERVICE/PRODUCT. SCHOLARSHIPS FOR TUITION ARE WRITTEN TO THE STUDENT AND THEIR SELECTED SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT - THE FINANCE COMMITTEE AND THE BOARD REVIEW THE AUDIT COMMITTEE'S RECOMMENDATION. THE FORM 990 IS ALSO REVIEWED BY THE BOARD PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE FIRST BOARD MEETING OF EACH CALENDAR YEAR WHEN FORMS ARE DISTRIBUTED FOR BOARD MEMBER SIGNATURES. DISCUSSIONS ALSO TAKE PLACE FROM TIME TO TIME AT REGULAR BOARD MEETINGS. BOARD MEMBERS ABSTAIN FROM VOTING WHEN THEY HAVE A CONFLICT OF INTEREST WITH A PENDING MOTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES PAY ANNUALLY AND BASE THEIR RECOMMENDATIONS ON THE EMPLOYEE'S PERFORMANCE, COMPARABLE DATA, AND INFLATION INCREASES. THE BOARD OF DIRECTORS APPROVE THE INCREASE PRIOR TO THE CHANGE BECOMING EFFECTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S 990 IS ON THE INTERNET AT GUIDESTAR.ORG AND THE NATIONAL CENTER FOR CHARITABLE STATISTICS. THE FOUNDATION'S ANNUAL REPORT MAKES REFERENCE THAT THE AUDIT IS AVAILABLE FOR REVIEW DURING THE OFFICE HOURS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INCREASE IN CRUT VALUE 5,535. PRIOR YEAR CORRECTION -43,124.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.6$0.46$42.1$6.39$2.70$3.68
2023Detailed filing. Detailed filing data is available for this year.$36.2$0.50$35.7$4.82$2.59$2.23
2022Detailed filing. Detailed filing data is available for this year.$31.7$0.47$31.2$3.17$1.91$1.26
2021Detailed filing. Detailed filing data is available for this year.$32.4$0.37$32.0$3.33$2.03$1.30
2020Detailed filing. Detailed filing data is available for this year.$26.8$0.35$26.5$3.60$1.72$1.88
2019Detailed filing. Detailed filing data is available for this year.$25.0$0.17$24.8$2.57$1.35$1.22
2018Detailed filing. Detailed filing data is available for this year.$21.1$1.08$20.1$1.63$1.74$0.11
2017Detailed filing. Detailed filing data is available for this year.$21.9$0.26$21.6$2.32$1.65$0.67
2016Detailed filing. Detailed filing data is available for this year.$19.4$0.16$19.2$4.90$1.24$3.66
2015Detailed filing. Detailed filing data is available for this year.$15.2$0.12$15.0$1.15$0.65$0.49
2014Detailed filing. Detailed filing data is available for this year.$15.0$0.28$14.7$1.52$0.61$0.92
2013Detailed filing. Detailed filing data is available for this year.$13.4$0.06$13.4$1.73$0.52$1.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.05$10.4$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.65$0.04$9.61$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.40$0.04$9.36$0.38