Civic Intelligence

Community Foundation Partnership Inc.

990 • Fiscal year 2019 • EIN 35-1889139

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 10, 2020

PO Box 1235Bedford, IN 47421

(812) 279-2215

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.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.23x

Higher debt load relative to revenue than 51% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

22nd percentile

$100,516

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-56%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$23,057,296

Up $3,250,046 (+16%) from 2018

Net Assets

Up

$22,364,604

Up $3,891,509 (+21%) from 2018

Liabilities

Down

$692,692

Down $641,463 (-48%) from 2018

Revenue

Down

$2,994,347

Down $3,761,929 (-56%) from 2018

Expenses

Up

$1,380,905

Up $218,211 (+19%) from 2018

Net Income

Down

$1,613,442

Down $3,980,140 (-71%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $7,124,263Liabilities 2010: $199,156Net Assets 2010: $6,925,1072010Assets 2011: $7,535,825Liabilities 2011: $203,905Net Assets 2011: $7,331,9202011Assets 2012: $8,388,472Liabilities 2012: $262,716Net Assets 2012: $8,125,7562012Assets 2013: $9,566,352Liabilities 2013: $294,924Net Assets 2013: $9,271,4282013Assets 2014: $12,329,368Liabilities 2014: $393,036Net Assets 2014: $11,936,3322014Assets 2015: $12,145,363Liabilities 2015: $339,364Net Assets 2015: $11,805,9992015Assets 2016: $13,377,175Liabilities 2016: $380,053Net Assets 2016: $12,997,1222016Assets 2017: $14,699,384Liabilities 2017: $409,167Net Assets 2017: $14,290,2172017Assets 2018: $19,807,250Liabilities 2018: $1,334,155Net Assets 2018: $18,473,0952018Assets 2019: $23,057,296Liabilities 2019: $692,692Net Assets 2019: $22,364,6042019Assets 2020: $25,657,818Liabilities 2020: $530,297Net Assets 2020: $25,127,5212020Assets 2021: $29,604,980Liabilities 2021: $546,503Net Assets 2021: $29,058,4772021Assets 2022: $26,878,351Liabilities 2022: $436,971Net Assets 2022: $26,441,3802022Assets 2023: $29,007,161Liabilities 2023: $380,448Net Assets 2023: $28,626,7132023Assets 2024: $33,030,821Liabilities 2024: $410,949Net Assets 2024: $32,619,8722024

Highlighted filing

2019

Assets$23,057,296
Liabilities$692,692
Net Assets$22,364,604

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $496,4912010Expenses 2011: $416,0782011Expenses 2012: $692,7962012Revenue 2013: $1,890,992Expenses 2013: $717,871Net Income 2013: $1,173,1212013Revenue 2014: $3,458,858Expenses 2014: $734,634Net Income 2014: $2,724,2242014Revenue 2015: $1,758,056Expenses 2015: $869,204Net Income 2015: $888,8522015Revenue 2016: $2,481,126Expenses 2016: $852,770Net Income 2016: $1,628,3562016Revenue 2017: $1,364,895Expenses 2017: $996,716Net Income 2017: $368,1792017Revenue 2018: $6,756,276Expenses 2018: $1,162,694Net Income 2018: $5,593,5822018Revenue 2019: $2,994,347Expenses 2019: $1,380,905Net Income 2019: $1,613,4422019Revenue 2020: $3,362,473Expenses 2020: $1,709,979Net Income 2020: $1,652,4942020Revenue 2021: $3,475,030Expenses 2021: $2,624,399Net Income 2021: $850,6312021Revenue 2022: $3,170,654Expenses 2022: $2,310,506Net Income 2022: $860,1482022Revenue 2023: $2,709,049Expenses 2023: $1,929,363Net Income 2023: $779,6862023Revenue 2024: $4,612,204Expenses 2024: $2,198,077Net Income 2024: $2,414,1272024

Highlighted filing

2019

Revenue$2,994,347
Expenses$1,380,905
Net Income$1,613,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 10, 2020
Return Version
2019v5.0
Gross Receipts
$2,994,347
Mission and Program Overview

Mission

To improve the quality of life by providing philanthropic leadership and building permanent endowments that enable donors to make lasting investments in lawrence and martin counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,114,759$21,719,412▲ $3,604,653
Savings and Temporary Cash Investments$1,488,211$1,027,164▼ $461,047
Cash and Non-Interest-Bearing Accounts$184,218$295,856▲ $111,638
Land, Buildings, and Equipment, Net$9,848$7,764▼ $2,084
Prepaid Expenses and Deferred Charges$10,214$7,100▼ $3,114
Total Assets$19,807,250$23,057,296▲ $3,250,046
Liabilities
Other Liabilities$1,310,117$665,267▼ $644,850
Accounts Payable and Accrued Expenses$11,618$15,367▲ $3,749
Grants Payable$12,420$12,058▼ $362
Total Liabilities$1,334,155$692,692▼ $641,463
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,832,933$21,519,545▲ $3,686,612
Net Assets With Donor Restrictions$640,162$845,059▲ $204,897
Total Net Assets Fund Balance$18,473,095$22,364,604▲ $3,891,509
Total Liabilities and Net Assets / Fund Balance$19,807,250$23,057,296▲ $3,250,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,764$45,231$52,995
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Esperanza FloresCEOFT$97,602$2,914$100,516

Board Members and Trustees

NameTitle
Dan GregoryPresident
Annie BullockBoard
Jenell HoffmanBoard
Dennis TurnerEx-officio
Alan LagreeSecretary
Shea HootenTreasurer
Jo Ann KasprzyckiVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,788,462
Program Service Revenue
$322,632
Investment Income
$883,253
Other Revenue
$0
All Other Contributions
$1,788,462
Change in Net Assets
$1,613,442

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$78,767Fair Market Value (FMV) Publicly Traded
Total Noncash Contributions3$78,767-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,994,347
Revenue Not Reported on Form 990
$2,381,951
Total Revenue per Audited Statements
$5,376,298
Total Revenue per Form 990
$2,994,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$630,032
Other Expenses$474,622
Salaries, Compensation, and Employee Benefits$276,251
Total Fundraising Expense$73,735
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$630,032--$630,032
Other Salaries and Wages$162,440$49,981$37,486$249,907
Fees for Service Investment Mgmnt Fees$78,449$8,717-$87,166
Office Expenses$20,132$7,743$3,097$30,972
Occupancy$22,128$5,532-$27,660
Fees for Services Accounting$27,493--$27,493
Payroll Taxes$12,554$3,863$2,897$19,314
Advertising$9,177$2,824$2,118$14,119
Travel$9,038--$9,038
Pension Plan Contributions$4,207$1,294$971$6,472
Other Expenses$5,522$67,705$27,082$5,522
Depreciation Depletion$1,648$183-$1,831
Other Employee Benefits$362$112$84$558
Total Functional Expenses$1,159,216$147,954$73,735$1,380,905

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,380,905
Total Expenses per Audited Statements$1,380,905
Total Expenses per Form 990$1,380,905
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various Available Upon Req 5000Springville, IN3Charitable Education$193,431
Operating Grants5000Loogootee, IN3Charitable Education$38,750
Mitchell Comm Schools ScholarsBedford, INGovEducational$35,775
Town of ShoalsLoogootee, INGovCharitable$29,147
Bnl Scholarship FoundationBedford, IN3Education$26,089
Boys and Girls Club of Lawrence CoBedford, IN3Charitable Education$25,778
Loogootee Public LibraryIndianapolis, INGovEducational$24,108
Martin Co Historical SocietyMitchell, IN3Charitable$22,202
City of LoogooteeLoogootee, INGovCharitable$22,000
Shoals Public LibraryBedford, IN3Educational$20,864
St Vincent Depaul ChurchOolitic, IN3Charitable$14,350
Loogootee Comm School CorpShoals, INGovCharitable Education$12,283
Town of OoliticShoals, INGovCharitable$10,500
Bedford Public LibraryBedford, IN3Educational$10,496
Martin Co 4hBedford, IN3Charitable$10,000
Catholic CharitiesBloomington, IN3Charitable$9,122
Trinity Springs MustMitchell, IN3Charitable$8,375
Springville Community AssociationBedford, INGovCharitable$8,227
Martin County Council on AgingBedford, IN3Charitable$8,064
Southern Indiana CenterShoals, INGovCharitable$8,042
Lawrence County Cancer Patient Serv-3Charitable$7,845
Indiana Trails Fund--Charitable$7,500
St John Catholic ChurchShoals, IN3Charitable$7,328
Lawrence Co Sheriff-3Charitable$7,000
BERTHA'S MISSIONBedford, IN3Charitable$6,900
Donor AdvisedBedford, IN3Charitable Education$6,744
Hoosier Hills Food BankBloomington, IN3Charitable$6,500
Shawswick Township TrusteeLoogootee, IN3Charitable$6,097
Indiana UniversityBedford, INGovEducational$5,754
North Law Comm School CorpShoals, INGovEducational$5,454
LchgsLoogootee, IN3Charitable Education$5,168
First Christian Church of BedfordBloomington, IN3Charitable$5,139
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
Endowment Partner Funds$400,457
Unmatched Grant Funds$260,317
Charitable Trust Agreements$4,493
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Board members are elected to the board to fill vacancies as needed.

Form 990, Page 6, Part VI, Line 7B

The board of directors consist of seven members all voting and nonroutine decisions are made by the board.

Form 990, Page 6, Part VI, Line 10B

The cfp board governs the cfp entity and both the local committees in lawrence and martin counties. Cfp board of directors provides governance with needed actions and the policies. Lccf and mccf have committees for asset development and stratgic grantmaking.

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

The foundation has an approved written 990 review and acceptance policy outlining the procedures to be followed. An electronic copy of form 990 is given to the ceo and accounting staff for review and signature prior to filing. It is also available to all board members for their review prior to submission.

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

The board reviews the policies and procedures annually or more frequently if needed.

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

The executive compensation is approved by the board of directors after an annual performance review. The board uses comparable data for community foundation executive directors in the assessment.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Foundation
EIN
35-1889139
Phone
8122792215
Address
PO BOX 1235, BEDFORD, IN 47421
Doing Business As
Lawrence & Martin Co Cf

Signing Officer

Name
Esperanza Flores
Title
CEO
Phone
8122792215
Signed
2020-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Esperanza Flores
Formed
1993
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
92

Preparer

Firm
Turpen & Deckard LLC
Address
1509 J ST, BEDFORD, IN 47421
Preparer
Debra S Deckard CPA
Phone
8122754444
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

LAWRENCE & MARTIN CO CF

Form 990, Page 1, Part I, Line 6

Work in partnership with staff to build endowments and work towards sustainability. Introduce prospective donors to community foundations and ceo. Assist ceo in efforts to engage and educate donors, grantees, and the community about the field of philanthropy and the community foundation's mission. Support administrative staff in mailings, filings, and routine office functions. Assisting in events with decorating, cleaning, greeting, and other routine tasks as needed.

Form 990, Part XI, Line 9

Lei unmatched 0 change in fasb 136 0 change in liab under trust agreement 21 change in fasb 136 -81,203 total -81,182

Financial Statement Notes

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

Fasb 136 adjustments (inc) 0 lei unmatched change 0

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

Fasb 136 adjustments (dec) 0 other 0

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IRS990/MissionDesc0TO IMPROVE THE QUALITY OF LIFE BY PROVIDING PHILANTHROPIC LEADERSHIP AND BUILDING PERMANENT ENDOWMENTS THAT ENABLE DONORS TO MAKE LASTING INVESTMENTS IN LAWRENCE AND MARTIN COUNTIES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.0$0.41$32.6$4.61$2.20$2.41
2023Detailed filing. Detailed filing data is available for this year.$29.0$0.38$28.6$2.71$1.93$0.78
2022Detailed filing. Detailed filing data is available for this year.$26.9$0.44$26.4$3.17$2.31$0.86
2021Detailed filing. Detailed filing data is available for this year.$29.6$0.55$29.1$3.48$2.62$0.85
2020Detailed filing. Detailed filing data is available for this year.$25.7$0.53$25.1$3.36$1.71$1.65
2019Detailed filing. Detailed filing data is available for this year.$23.1$0.69$22.4$2.99$1.38$1.61
2018Detailed filing. Detailed filing data is available for this year.$19.8$1.33$18.5$6.76$1.16$5.59
2017Detailed filing. Detailed filing data is available for this year.$14.7$0.41$14.3$1.36$1.00$0.37
2016Detailed filing. Detailed filing data is available for this year.$13.4$0.38$13.0$2.48$0.85$1.63
2015Detailed filing. Detailed filing data is available for this year.$12.1$0.34$11.8$1.76$0.87$0.89
2014Detailed filing. Detailed filing data is available for this year.$12.3$0.39$11.9$3.46$0.73$2.72
2013Detailed filing. Detailed filing data is available for this year.$9.57$0.29$9.27$1.89$0.72$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.39$0.26$8.13$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.54$0.20$7.33$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$0.20$6.93$0.50