Civic Intelligence

Montgomery County Community Foundation Inc

EIN 35-1836315 • 501(c)3 • Crawfordsville, IN

Profile

To administer funds to provide grants to various organizations in the montgomery county community and to help foster and promote public, charitable, arts, culture, and educational activities.

119 E Main StCrawfordsville, IN 47933

www.mccf-in.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.37x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$141,641

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

32nd percentile

1.5%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2024

Revenue Growth

30th percentile

-0.2%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2024

Assets

Up

$70,857,582

Up $1,639,748 (+2.4%) from 2023

Liabilities

Down

$2,757,324

Down $384,847 (-12%) from 2023

Net Assets

Up

$68,100,258

Up $2,024,595 (+3.1%) from 2023

Revenue

Up

$7,404,349

Up $2,563,665 (+53%) from 2023

Expenses

Up

$4,249,954

Up $180,153 (+4.4%) from 2023

Net Income

Up

$3,154,395

Up $2,383,512 (+309%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $32,479,968Liabilities 2010: $1,993,142Net Assets 2010: $30,486,8262010Assets 2011: $31,535,804Liabilities 2011: $1,908,851Net Assets 2011: $29,626,9532011Assets 2012: $34,574,826Liabilities 2012: $2,065,029Net Assets 2012: $32,509,7972012Assets 2013: $38,194,030Liabilities 2013: $2,260,763Net Assets 2013: $35,933,2672013Assets 2014: $39,094,847Liabilities 2014: $2,367,146Net Assets 2014: $36,727,7012014Assets 2015: $38,240,813Liabilities 2015: $2,180,855Net Assets 2015: $36,059,9582015Assets 2016: $43,293,983Liabilities 2016: $2,357,286Net Assets 2016: $40,936,6972016Assets 2017: $48,505,449Liabilities 2017: $2,556,167Net Assets 2017: $45,949,2822017Assets 2018: $46,797,426Liabilities 2018: $2,464,413Net Assets 2018: $44,333,0132018Assets 2019: $53,242,098Liabilities 2019: $2,837,208Net Assets 2019: $50,404,8902019Assets 2020: $59,744,159Liabilities 2020: $3,087,033Net Assets 2020: $56,657,1262020Assets 2021: $67,688,215Liabilities 2021: $3,357,144Net Assets 2021: $64,331,0712021Assets 2022: $60,560,134Liabilities 2022: $2,767,890Net Assets 2022: $57,792,2442022Assets 2023: $69,217,834Liabilities 2023: $3,142,171Net Assets 2023: $66,075,6632023Assets 2024: $70,857,582Liabilities 2024: $2,757,324Net Assets 2024: $68,100,2582024

Highlighted filing

2024

Assets$70,857,582
Liabilities$2,757,324
Net Assets$68,100,258

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,335,8372010Expenses 2011: $1,226,5252011Expenses 2012: $1,534,5992012Revenue 2013: $2,266,735Expenses 2013: $1,877,792Net Income 2013: $388,9432013Revenue 2014: $2,696,758Expenses 2014: $1,516,468Net Income 2014: $1,180,2902014Revenue 2015: $3,653,442Expenses 2015: $1,287,869Net Income 2015: $2,365,5732015Revenue 2016: $2,041,467Expenses 2016: $1,372,683Net Income 2016: $668,7842016Revenue 2017: $4,868,662Expenses 2017: $1,417,808Net Income 2017: $3,450,8542017Revenue 2018: $4,354,135Expenses 2018: $1,505,233Net Income 2018: $2,848,9022018Revenue 2019: $3,225,568Expenses 2019: $1,995,960Net Income 2019: $1,229,6082019Revenue 2020: $4,955,858Expenses 2020: $2,448,107Net Income 2020: $2,507,7512020Revenue 2021: $7,439,139Expenses 2021: $2,382,875Net Income 2021: $5,056,2642021Revenue 2022: $6,103,160Expenses 2022: $2,359,450Net Income 2022: $3,743,7102022Revenue 2023: $4,840,684Expenses 2023: $4,069,801Net Income 2023: $770,8832023Revenue 2024: $7,404,349Expenses 2024: $4,249,954Net Income 2024: $3,154,3952024

Highlighted filing

2024

Revenue$7,404,349
Expenses$4,249,954
Net Income$3,154,395

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.9$2.76$68.1$7.40$4.25$3.15
2023Detailed filing. Detailed filing data is available for this year.$69.2$3.14$66.1$4.84$4.07$0.77
2022Detailed filing. Detailed filing data is available for this year.$60.6$2.77$57.8$6.10$2.36$3.74
2021Detailed filing. Detailed filing data is available for this year.$67.7$3.36$64.3$7.44$2.38$5.06
2020Detailed filing. Detailed filing data is available for this year.$59.7$3.09$56.7$4.96$2.45$2.51
2019Detailed filing. Detailed filing data is available for this year.$53.2$2.84$50.4$3.23$2.00$1.23
2018Detailed filing. Detailed filing data is available for this year.$46.8$2.46$44.3$4.35$1.51$2.85
2017Detailed filing. Detailed filing data is available for this year.$48.5$2.56$45.9$4.87$1.42$3.45
2016Detailed filing. Detailed filing data is available for this year.$43.3$2.36$40.9$2.04$1.37$0.67
2015Detailed filing. Detailed filing data is available for this year.$38.2$2.18$36.1$3.65$1.29$2.37
2014Detailed filing. Detailed filing data is available for this year.$39.1$2.37$36.7$2.70$1.52$1.18
2013Detailed filing. Detailed filing data is available for this year.$38.2$2.26$35.9$2.27$1.88$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.6$2.07$32.5$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.5$1.91$29.6$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$1.99$30.5$1.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 9, 2025
Return Version
2024v5.0
Gross Receipts
$8,325,855
Mission and Program Overview

Mission

To administer funds to provide grants to various organizations in the montgomery county community and to help foster and promote public, charitable, arts, culture, and educational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,283,688$53,917,613▲ $3,633,925
Land, Buildings, and Equipment, Net$8,585,451$8,361,734▼ $223,717
Investments Other Securities$3,447,728$3,875,447▲ $427,719
Savings and Temporary Cash Investments$1,602,447$2,995,881▲ $1,393,434
Cash and Non-Interest-Bearing Accounts$2,169,085$1,650,462▼ $518,623
Prepaid Expenses and Deferred Charges$22,905$56,373▲ $33,468
Accounts Receivable$73$72▼ $1
Total Assets$66,685,729$70,857,582▲ $4,171,853
Other Assets Total$574,352--
Liabilities
Other Liabilities$3,135,058$2,752,776▼ $382,282
Accounts Payable and Accrued Expenses$7,113$4,548▼ $2,565
Total Liabilities$3,142,171$2,757,324▼ $384,847
Net Assets / Fund Balance
Net Assets With Donor Restrictions$62,078,105$66,580,395▲ $4,502,290
Net Assets Without Donor Restrictions$1,465,453$1,519,863▲ $54,410
Total Net Assets Fund Balance$63,543,558$68,100,258▲ $4,556,700
Total Liabilities and Net Assets / Fund Balance$66,685,729$70,857,582▲ $4,171,853

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,669$158,158$187,827
Leasehold Improvements$97,239$71,123$62,143
Other Land Buildings$461,587$42,565-
Land$7,773,239--
Other Securities$200,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$61,023,662$1,012,292▲ $5,683,611$662,908$65,971,288
2023$54,153,607$794,275▲ $8,056,037-$61,023,662
2022$62,320,524$549,699▼ $6,991,592$623,839$54,153,607
2021$55,326,592$671,274▲ $7,909,302$456,003$62,320,524
2020$49,449,055$1,357,661▲ $6,052,778$437,369$55,326,592
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kelly TaylorCEOFT$141,641$141,641

Board Members and Trustees

NameTitle
Erin GobelPresident
Anna Bravo-mooreDirector
Brenda LovoldDirector
Chris CoxDirector
Gary IsenbergDirector
Jack GrimbleDirector
Preston BostDirector
Sheila MccormickDirector
Tracey BarrDirector
Wendy FellerDirector
Deb SchavietelloSecretary
Zach HockersmithTreasurer
Cathy CaldwellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,748,254
Program Service Revenue
$42,136
Investment Income
$4,392,946
Other Revenue
$221,013
All Other Contributions
$2,748,254
Change in Net Assets
$3,154,395

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$29,860Avg High/low Date of Gift
Total Noncash Contributions4$29,860-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,054,535
Revenue Not Reported on Financial Statements
$349,814
Revenue Not Reported on Form 990
$1,583,901
Other Revenue Adjustments
$249,578
Total Revenue per Audited Statements
$8,638,436
Total Revenue per Form 990
$7,404,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,166,511
Salaries, Compensation, and Employee Benefits$622,935
Other Expenses$460,508
Total Fundraising Expense$85,890
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,638,659--$2,638,659
Grants to Domestic Individuals$527,852--$527,852
Other Salaries and Wages$103,891$222,621$44,524$371,036
Current Officers, Directors, Trustees, and Key Employees$39,660$84,984$16,997$141,641
Fees for Service Investment Mgmnt Fees-$100,236-$100,236
Other Employee Benefits$20,078$43,024$8,605$71,707
Depreciation Depletion-$47,046-$47,046
Payroll Taxes$10,794$23,131$4,626$38,551
Fees for Services Other-$33,659-$33,659
Occupancy-$27,086-$27,086
Office Expenses-$19,693$2,711$22,404
Fees for Services Management-$22,329-$22,329
Travel$1,048$9,199$3,087$13,334
Fees for Services Accounting-$12,350-$12,350
Fees for Services Legal-$10,098-$10,098
Insurance-$9,065-$9,065
Advertising-$5,408-$5,408
Other Expenses$70,514$12,616$5,340$5,340
All Other Expenses-$842-$842
Total Functional Expenses$3,412,496$751,568$85,890$4,249,954

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,249,954
Expenses per Audited Statements$4,081,736
Total Expenses per Audited Statements$4,081,736
Expenses Not Reported on Financial Statements$168,218
Other Expense Adjustments$67,982
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mccf BridgeCrawfordsville, IN501c3General Support$1,435,209
Trinity Mission of Montgomery CoLafayette, IN501c3Transport/programs$109,166
Boys and Girls ClubCrawfordsville, IN501c3General Support$100,453
City of CrawfordsvilleCrawfordsville, INGovGernal Support$92,745
Town of LadogaLadoga, INGovPlayground$74,425
Youth Service BureauCrawfordsville, IN501c3Program Support$63,183
United Way of Montgomery CountyCrawfordsville, IN501c3General Support$40,825
Educational FoundationCrawfordsville, IN501c3Teacher Grants$32,900
Historical SocietyCrawfordsville, IN501c3Historic Preserv$31,657
Cultural FoundationCrawfordsville, IN501c3General Support$28,333
Crawfordsville District PublicCrawfordsville, IN501c3General Support$25,250
Montgomery County Free ClinicCrawfordsville, IN501c3General Support$25,243
Crawfordsville Community SchoolCrawfordsville, INGovHealth/wellness$23,813
Growing in God & Fuzzy BearLadoga, IN501c3Facility Improvement$22,315
First United Methodist ChurchCrawfordsville, IN501c3Emergency Assistance$20,000
Through the GateLinden, IN501c3Roof Repairs$19,000
Animal Welfare League of MontgomeryCrawfordsville, IN501c3Hvac Installation$17,423
South Montgomery School CorpCrawfordsville, INGovGeneral Support$16,010
Womens Resource CenterCrawfordsville, IN501c3Med Service/supplies$15,290
Historic LadogaLadoga, IN501c3General Support$14,110
North Montgomery CommunityCrawfordsville, INGovHealth/wellness$13,175
Crawfordsville Main StreetCrawfordsville, IN501c3General Support$12,220
Family Crisis ShelterCrawfordsville, IN501c3General Support$11,130
FishCrawfordsville, IN501c3Operating Support$10,471
Grace & Mercy Food PantryCrawfordsville, IN501c3Expansion Project$10,000
Crawfordsville Adult ResourceCrawfordsville, IN501c3Jail Program$9,800
Lew Wallace Preservation SocietyCrawfordsville, IN501c3General Support$8,775
New Hope PreschoolCrawfordsville, IN501c3General Support$8,141
Darlington Forever IncDarlington, IN501c3General Support$7,350
Abilities ServicesCrawfordsville, IN501c3Parking Lot Improv.$7,005
Carnegie MuseumCrawfordsville, IN501c3Exhibits$7,000
Crawfordsville Park & RecCrawfordsville, IN501c3Camp Milligan Intern$6,121
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Held in Agency Endowments$2,752,776
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
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, Page 6, Part VI, Line 11B

The 990 is reviewed and signed by the board president. In addition, the 990 is reviewed by the board.

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

Disclosure statements are kept on file. Board members are reminded at board meetings to disclose and abstain from voting on issues for which a conflict exists.

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

The board of directors approves raises for the chief executive officer and staff by considering many factors including performance and comparable salary ranges from similar organizations. The chief executive officer and the staff are the only paid employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Montgomery County Community
EIN
35-1836315
Phone
7653621267
Address
119 E MAIN ST, CRAWFORDSVILLE, IN 47933

Signing Officer

Name
Erin Gobel
Title
President
Phone
7653621267
Signed
2025-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Gobel
Formed
1991
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
9
Volunteers
50

Preparer

Firm
Estep Burkey Simmons LLC
Address
PO BOX 42, MUNCIE, IN 47308-0042
Preparer
Thomas a Roberts
Phone
7652847554
Supplemental Narrative

Additional Explanations

Form 990, Part X

The value of the foundation's farmland has been adjusted to reflect the fair value of the property. The value of the farmland was 7,854,032 and 8,056,171 as of december 31, 2024 and 2023, respectively. The foundation will review and adjust,if needed, the value of the farmland on its books annually. The market valuation will be conducted by the farm manager employed to manage the farms. The valuation method used by the farm manager will take into consideration current farmland values in the area, soil conditions as well as the latest purdue agricultural economics report.

Form 990, Part XI, Line 9

Agency fund revenues -281,065 farm rental expenses included in revenue 31,487 agency fund expenses 99,469 farm expenses included in revenue -31,487 total -181,596

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The foundation's endowment funds are intended to provide a permanent and growing endowment to benefit communities, while providing ethical philanthropic leadership for the enrichment and assistance to human services, education, revitalization, social, art, and cultural endeavors.

Schedule D, Page 3, Part X

The foundation recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely- than-not test, no tax benefit will be recorded. The foundation has examined this issue and has determined there are no material contingent tax liabilities. The foundation's federal and state exempt organization tax returns for 2021, 2022, and 2023 are subject to examination by the internal revenue service and the indiana department of revenue. Returns are generally subject to examination for three years after they are filed.

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

Agency fund revenues 281,065 farm rental expenses included in revenue -31,487

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

Agency fund expenses 99,469 farm expenses included in revenue -31,487

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