Civic Intelligence

The Portland Foundation

990 • Fiscal year 2016 • EIN 35-6028362

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 15, 2017

112 E Main StPortland, IN 47371

(260) 726-4260

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.99x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

84th percentile

26%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

65th percentile

5.7%

Faster asset growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

99%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$18,284,703

Up $979,370 (+5.7%) from 2015

Net Assets

Up

$17,293,662

Up $931,961 (+5.7%) from 2015

Liabilities

Up

$991,041

Up $47,409 (+5.0%) from 2015

Revenue

Up

$1,001,865

Up $499,081 (+99%) from 2015

Expenses

Down

$744,045

Down $77,905 (-9.5%) from 2015

Net Income

Up

$257,820

Up $576,986 (+181%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $10,652,475Liabilities 2010: $804,116Net Assets 2010: $9,848,3592010Assets 2011: $10,076,491Liabilities 2011: $783,115Net Assets 2011: $9,293,3762011Assets 2012: $14,391,952Liabilities 2012: $863,725Net Assets 2012: $13,528,2272012Assets 2013: $17,930,278Liabilities 2013: $983,501Net Assets 2013: $16,946,7772013Assets 2014: $18,346,442Liabilities 2014: $1,006,675Net Assets 2014: $17,339,7672014Assets 2015: $17,305,333Liabilities 2015: $943,632Net Assets 2015: $16,361,7012015Assets 2016: $18,284,703Liabilities 2016: $991,041Net Assets 2016: $17,293,6622016Assets 2017: $22,752,074Liabilities 2017: $1,708,148Net Assets 2017: $21,043,9262017Assets 2018: $20,374,633Liabilities 2018: $1,512,321Net Assets 2018: $18,862,3122018Assets 2019: $23,496,010Liabilities 2019: $1,751,053Net Assets 2019: $21,744,9572019Assets 2020: $24,678,777Liabilities 2020: $1,873,541Net Assets 2020: $22,805,2362020Assets 2021: $27,639,720Liabilities 2021: $2,093,578Net Assets 2021: $25,546,1422021Assets 2022: $22,364,186Liabilities 2022: $1,707,052Net Assets 2022: $20,657,1342022Assets 2023: $23,963,880Liabilities 2023: $602,017Net Assets 2023: $23,361,8632023Assets 2024: $24,839,195Liabilities 2024: $598,744Net Assets 2024: $24,240,4512024

Highlighted filing

2016

Assets$18,284,703
Liabilities$991,041
Net Assets$17,293,662

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $375,6022010Expenses 2011: $535,9712011Expenses 2012: $489,8522012Revenue 2013: $2,101,265Expenses 2013: $556,218Net Income 2013: $1,545,0472013Revenue 2014: $603,142Expenses 2014: $754,242Net Income 2014: -$151,1002014Revenue 2015: $502,784Expenses 2015: $821,950Net Income 2015: -$319,1662015Revenue 2016: $1,001,865Expenses 2016: $744,045Net Income 2016: $257,8202016Revenue 2017: $3,140,329Expenses 2017: $912,895Net Income 2017: $2,227,4342017Revenue 2018: $608,216Expenses 2018: $1,040,768Net Income 2018: -$432,5522018Revenue 2019: $353,913Expenses 2019: $797,342Net Income 2019: -$443,4292019Revenue 2020: $515,356Expenses 2020: $1,010,226Net Income 2020: -$494,8702020Revenue 2021: $656,140Expenses 2021: $1,027,197Net Income 2021: -$371,0572021Revenue 2022: $680,512Expenses 2022: $955,706Net Income 2022: -$275,1942022Revenue 2023: $1,620,583Expenses 2023: $1,840,594Net Income 2023: -$220,0112023Revenue 2024: $4,926,811Expenses 2024: $4,884,598Net Income 2024: $42,2132024

Highlighted filing

2016

Revenue$1,001,865
Expenses$744,045
Net Income$257,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,001,865
Mission and Program Overview

Mission

Enhance the quality of life for the people of jay county, indiana, now and for generations to come, by building community endowment

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$16,489,282$17,462,125▲ $972,843
Cash and Non-Interest-Bearing Accounts$380,471$410,875▲ $30,404
Land, Buildings, and Equipment, Net$432,083$408,206▼ $23,877
Prepaid Expenses and Deferred Charges$26$26→ $0
Total Assets$17,305,333$18,284,703▲ $979,370
Other Assets Total$3,471$3,471→ $0
Liabilities
Other Liabilities$943,632$991,041▲ $47,409
Total Liabilities$943,632$991,041▲ $47,409
Net Assets / Fund Balance
Permanently Rstr Net Assets$13,270,438$13,923,657▲ $653,219
Temporarily Rstr Net Assets$1,782,548$1,974,716▲ $192,168
Unrestricted Net Assets$1,308,715$1,395,289▲ $86,574
Total Net Assets Fund Balance$16,361,701$17,293,662▲ $931,961
Total Liabilities and Net Assets / Fund Balance$17,305,333$18,284,703▲ $979,370

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$180,931$231,212$412,143
Land$220,423-$220,423
Equipment$6,852$21,811$28,663
Other Securities$575,759--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$16,928,983$667,921▲ $1,194,697-$17,916,713
2015$18,061,936$20,230▼ $162,932-$16,928,983
2014$17,719,304$135,749▲ $1,013,805-$18,061,936
2013$14,235,558$1,779,799▲ $2,311,739-$17,719,304
2012$10,109,859$3,322,537▲ $1,284,259-$14,235,558
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Douglas L InmanExecutive DirecFT$59,214$59,214

Board Members and Trustees

NameTitle
Dean JetterImmediate Past President
Pat BennettPresident
Rex JournayVice President
Jeremy GulleyDirector
John MooreDirector
Rob PenrodDirector
Ron LauxDirector
Tammy HanlinDirector
Robin AlbersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$653,219
Program Service Revenue
$0
Investment Income
$348,505
Other Revenue
$141
All Other Contributions
$653,219
Change in Net Assets
$257,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,001,865
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$674,141
Total Revenue per Audited Statements
$1,676,006
Total Revenue per Form 990
$1,001,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$485,861
Other Expenses$162,721
Salaries, Compensation, and Employee Benefits$95,463
Total Fundraising Expense$3,018
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$316,088--$316,088
Grants to Domestic Individuals$169,773--$169,773
Fees for Services Other$76,479--$76,479
Current Officers, Directors, Trustees, and Key Employees$29,607$29,607-$59,214
Depreciation Depletion-$23,877-$23,877
Fees for Service Investment Mgmnt Fees$21,205--$21,205
Other Salaries and Wages$11,159$8,480-$19,639
Other Employee Benefits$5,034$5,543-$10,577
Office Expenses-$8,199-$8,199
Payroll Taxes$3,119$2,914-$6,033
Occupancy-$4,974-$4,974
All Other Expenses-$4,334-$4,334
Fees for Services Accounting$4,260--$4,260
Advertising$1,342-$930$2,272
Other Expenses$3,884$1,806$2,088$1,806
Travel-$1,464-$1,464
Insurance-$1,358-$1,358
Total Functional Expenses$641,950$99,077$3,018$744,045

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$744,045
Total Expenses per Audited Statements$744,045
Total Expenses per Form 990$744,045
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arts Place IncPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$111,017
Jay County Community CenterPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$94,119
John Jay Center for LearningPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$73,567
United Way of Jay CountyPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$9,063
Jay Randolph Developmental ServicesPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$8,643
Jay County Bicentennial CommitteePortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$7,500
Jay County Conservation ClubPortland, IN501(c)(3)Enhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations to Come, by Building Community Endowment$7,323
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
Assets Held for Others$991,041
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The tax return was reviewed and approved by the board of directors

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

The organization requires each member to complete and sign a conflict of interest disclosure statement annually

Form 990, Part VI, Section B, Line 15

The board of directors approves the salary for the executive director based on comparability, length of employment, etc.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents, policies, and financials statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
The Portland Foundation
EIN
35-6028362
Phone
2607264260
Address
112 E MAIN ST, PORTLAND, IN 47371

Signing Officer

Name
Douglas L Inman
Title
Executive Director
Phone
2607264260
Signed
2017-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas L Inman
Formed
1951
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
0

Preparer

Firm
Bollenbacher and Associates LLC
Address
915 N MERIDIAN STREET PO BOX 702, PORTLAND, IN 47371
Preparer
Scott a Bollenbacher CPA
Phone
2607264207
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Trustee fees: program service expenses 76,479. Management and general expenses 0. Fundraising expenses 0. Total expenses 76,479.

FORM 990, PART XI, LINE 9:

Transfer portland foundation - corporation 35-2019497 -118,324.

FORM 990, PART XII, LINE 2C:

NO CHANGES

Financial Statement Notes

PART V, LINE 4:

Scholarships and grants for the betterment of jay county.

PART X, LINE 2:

Management evaluates all significant tax positions as required by accounting principles generally accepted in the united states of america. As of year end, the foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that materially impact the financial statements or related disclosures.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Transfer portland foundation - corporation 35-2019497

Schedule D Part XI Line 2D

Other adjustments schedule d part xi line 2d: transfer from portland foundation (corporation) ein: 35-2019497

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IRS990/Desc0THE PORTLAND FOUNDATION ADMINISTERS APPROXIMATELY 100 SEPARATE SCHOLARSHIP TRUSTS ESTABLISHED FOR THE PROVISION OF STUDENT SCHOLARSHIPS IN AND AROUND JAY COUNTY INDIANA. THE FOUNDATION ENSURES SPECIFIC GUIDELINES ESTABLISHED BY EACH SCHOLARSHIP TRUST ARE FOLLOWED IN AWARDING SCHOLARSHIPS TO BETTER THE COMMUNITY. ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT.
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IRS990/MissionDesc0ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016361701
IRS990/NetAssetsOrFundBalancesEOYAmt017293662
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0792465
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04974
IRS990/OccupancyGrp/TotalAmt04974
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08199
IRS990/OfficeExpensesGrp/TotalAmt08199
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03471
IRS990/OtherAssetsTotalGrp/EOYAmt03471
IRS990/OtherChangesInNetAssetsAmt0-118324
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05543
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05034
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010577
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1LILLY SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt02088
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06521
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11806
IRS990/OtherExpensesGrp/ProgramServicesAmt03884
IRS990/OtherExpensesGrp/TotalAmt06521
IRS990/OtherExpensesGrp/TotalAmt13884
IRS990/OtherExpensesGrp/TotalAmt22088
IRS990/OtherExpensesGrp/TotalAmt31806
IRS990/OtherLiabilitiesGrp/BOYAmt0943632
IRS990/OtherLiabilitiesGrp/EOYAmt0991041
IRS990/OtherRevenueMiscGrp/BusinessCd0211110
IRS990/OtherRevenueMiscGrp/Desc0PARTNERSHIP INVESTMENT
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0141
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0141
IRS990/OtherRevenueTotalAmt0141
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08480
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt011159
IRS990/OtherSalariesAndWagesGrp/TotalAmt019639
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02914
IRS990/PayrollTaxesGrp/ProgramServicesAmt03119
IRS990/PayrollTaxesGrp/TotalAmt06033
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt013270438
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt013923657
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026
IRS990/PrincipalOfficerNm0DOUGLAS L INMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019730
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0576937
IRS990/PYInvestmentIncomeAmt0482702
IRS990/PYOtherExpensesAmt0154045
IRS990/PYOtherRevenueAmt0352
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-319166
IRS990/PYSalariesCompEmpBnftPaidAmt090968
IRS990/PYTotalExpensesAmt0821950
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0502784
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0257820
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0653219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0132331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0738108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0215220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01758608
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0348505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0482702
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0473763
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0335034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0295533
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01935537
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0298
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0-603
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-305
IRS990ScheduleA/PublicSupportCY170Pct00.32110
IRS990ScheduleA/PublicSupportPY170Pct00.37440
IRS990ScheduleA/PublicSupportTotal170Amt01186182
IRS990ScheduleA/SubstantialContributorsTotAmt0572426
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0653219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt019730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0132331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0738108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0215220
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01758608
IRS990ScheduleA/TotalSupportAmt03693840
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/CYEndwmtFundGrp/AdministrativeExpensesAmt0244176
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt016928983
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0667921
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt017916713
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0630712
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01194697
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0241745
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt018061936
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt020230
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt016928983
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0748506
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-162932
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0268271
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt017719304
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0135749
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt018061936
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0538651
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01013805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0232788
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt014235558
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01779799
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt017719304
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0375004
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02311739
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0188666
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010109859
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03322537
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt014235558
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0292431
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01284259
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt010676
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt032620
IRS990ScheduleD/DonorAdvisedFundsHeldCnt03
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0821793
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06852
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021811
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028663
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0744045
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0220423
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0220423
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0180931
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0231212
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0412143
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0792465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0991041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSETS HELD FOR OTHERS
IRS990ScheduleD/OtherRevenueAmt0-118324
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt08238646
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1250020
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2123436
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt310692
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4443057
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt57820515
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6575759
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FMB-MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FMB-SAVINGS AND TEMP CASH INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MAINSOURCE-SAVINGS AND TEMP CASH INV
IRS990ScheduleD/OtherSecuritiesGrp/Desc3MAINSOURCE-CORP BONDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4MAINSOURCE-CORP STOCKS
IRS990ScheduleD/OtherSecuritiesGrp/Desc5MAINSOURCE-MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc6MAINSOURCE-ALTERNATIVE INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/RevenueNotReportedAmt0674141
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01001865
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS AND GRANTS FOR THE BETTERMENT OF JAY COUNTY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF YEAR END, THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TRANSFER PORTLAND FOUNDATION - CORPORATION 35-2019497
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3OTHER ADJUSTMENTS SCHEDULE D PART XI LINE 2D: TRANSFER FROM PORTLAND FOUNDATION (CORPORATION) EIN: 35-2019497
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D PART XI LINE 2D

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$0.60$24.2$4.93$4.88$0.04
2023Detailed filing. Detailed filing data is available for this year.$24.0$0.60$23.4$1.62$1.84$0.22
2022Detailed filing. Detailed filing data is available for this year.$22.4$1.71$20.7$0.68$0.96$0.28
2021Detailed filing. Detailed filing data is available for this year.$27.6$2.09$25.5$0.66$1.03$0.37
2020Detailed filing. Detailed filing data is available for this year.$24.7$1.87$22.8$0.52$1.01$0.49
2019Detailed filing. Detailed filing data is available for this year.$23.5$1.75$21.7$0.35$0.80$0.44
2018Detailed filing. Detailed filing data is available for this year.$20.4$1.51$18.9$0.61$1.04$0.43
2017Detailed filing. Detailed filing data is available for this year.$22.8$1.71$21.0$3.14$0.91$2.23
2016Detailed filing. Detailed filing data is available for this year.$18.3$0.99$17.3$1.00$0.74$0.26
2015Detailed filing. Detailed filing data is available for this year.$17.3$0.94$16.4$0.50$0.82$0.32
2014Detailed filing. Detailed filing data is available for this year.$18.3$1.01$17.3$0.60$0.75$0.15
2013Detailed filing. Detailed filing data is available for this year.$17.9$0.98$16.9$2.10$0.56$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$0.86$13.5$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.78$9.29$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$0.80$9.85$0.38