Civic Intelligence

The Portland Foundation

990 • Fiscal year 2019 • EIN 35-6028362

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 07, 2020

107 S Meridian StPortland, IN 47371

(260) 726-4260

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.07x

Higher debt load relative to assets than 33% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

4.95x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

2nd percentile

-125%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

16th percentile

$65,690

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

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

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Up

$23,496,010

Up $3,121,377 (+15%) from 2018

Net Assets

Up

$21,744,957

Up $2,882,645 (+15%) from 2018

Liabilities

Up

$1,751,053

Up $238,732 (+16%) from 2018

Revenue

Down

$353,913

Down $254,303 (-42%) from 2018

Expenses

Down

$797,342

Down $243,426 (-23%) from 2018

Net Income

Down

-$443,429

Down $10,877 (-2.5%) from 2018

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

2019

Assets$23,496,010
Liabilities$1,751,053
Net Assets$21,744,957

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

2019

Revenue$353,913
Expenses$797,342
Net Income-$443,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 7, 2020
Return Version
2019v5.1
Gross Receipts
$353,913
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$19,848,750$22,904,880▲ $3,056,130
Land, Buildings, and Equipment, Net$356,934$334,724▼ $22,210
Cash and Non-Interest-Bearing Accounts$165,452$252,606▲ $87,154
Prepaid Expenses and Deferred Charges$26--
Total Assets$20,374,633$23,496,010▲ $3,121,377
Other Assets Total$3,471$3,800▲ $329
Liabilities
Other Liabilities$1,512,321$1,750,006▲ $237,685
Accounts Payable and Accrued Expenses-$1,047-
Total Liabilities$1,512,321$1,751,053▲ $238,732
Net Assets / Fund Balance
Net Assets With Donor Restrictions$18,628,926$21,023,783▲ $2,394,857
Net Assets Without Donor Restrictions$233,386$721,174▲ $487,788
Total Net Assets Fund Balance$18,862,312$21,744,957▲ $2,882,645
Total Liabilities and Net Assets / Fund Balance$20,374,633$23,496,010▲ $3,121,377

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$114,301$237,084$351,385
Land$220,423-$220,423
Equipment$0$19,213$19,213
Other Securities$14,432--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$19,848,750$33,805▲ $3,738,069-$22,904,880
2018$22,055,690$197,443▼ $1,427,232-$19,848,750
2017$17,462,125$2,802,286▲ $2,628,826-$22,055,690
2016$16,474,395$667,921▲ $1,194,697-$17,462,125
2015$17,607,348$20,230▼ $162,932-$16,474,395
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Douglas L InmanExecutive DirecFT$65,690$65,690

Board Members and Trustees

NameTitle
Pat BennettImmediate Past President
Rex JournayPresident
John MooreVice President
Audrey MuhlenkampDirector
Jeremy GulleyDirector
Krista MuhlenkampDirector
Rob PenrodDirector
Tammy HanlinDirector
Robin AlbersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$33,805
Program Service Revenue
$0
Investment Income
$320,108
Other Revenue
$0
All Other Contributions
$33,805
Change in Net Assets
$-443,429

Audited Revenue Reconciliation

Revenue per Audited Statements
$353,913
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,326,074
Total Revenue per Audited Statements
$3,679,987
Total Revenue per Form 990
$353,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$493,634
Other Expenses$178,945
Salaries, Compensation, and Employee Benefits$124,763
Total Fundraising Expense$3,807
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$310,297--$310,297
Grants to Domestic Individuals$183,337--$183,337
Fees for Services Other$86,869--$86,869
Current Officers, Directors, Trustees, and Key Employees$32,845$32,845-$65,690
Other Salaries and Wages$26,027$16,360-$42,387
Fees for Service Investment Mgmnt Fees$24,318--$24,318
Depreciation Depletion-$22,210-$22,210
Occupancy-$18,841-$18,841
Other Employee Benefits$4,914$4,145-$9,059
Payroll Taxes$4,504$3,123-$7,627
Fees for Services Accounting$4,739--$4,739
Advertising$2,491-$1,170$3,661
Office Expenses-$3,544-$3,544
All Other Expenses-$2,729-$2,729
Other Expenses$3,274$1,485$2,637$1,485
Insurance-$1,322-$1,322
Travel-$534-$534
Total Functional Expenses$683,615$109,920$3,807$797,342

Audited Expense Reconciliation

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

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jay County Fair AssociationPortland, 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$75,459
Jay County Historical SocietyPortland, 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$49,551
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$46,816
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$45,131
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$12,726
Glass Museum of DunkirkDunkirk, 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$5,000
Iu Health FoundationPortland, 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$5,000
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$1,750,006
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
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
107 S MERIDIAN ST, PORTLAND, IN 47371

Signing Officer

Name
Douglas L Inman
Title
Executive Director
Phone
2607264260
Signed
2020-10-07
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
4
Volunteers
0

Preparer

Firm
Bollenbacher and Associates LLC
Address
915 N MERIDIAN STREET, 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 86,869. Management and general expenses 0. Fundraising expenses 0. Total expenses 86,869.

FORM 990, PART XI, LINE 9:

Transfer portland foundation - corporation 35-2019497 -91,887.

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/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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/NetAssetsOrFundBalancesBOYAmt018862312
IRS990/NetAssetsOrFundBalancesEOYAmt021744957
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03417961
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0233386
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0721174
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt018841
IRS990/OccupancyGrp/TotalAmt018841
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03544
IRS990/OfficeExpensesGrp/TotalAmt03544
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03471
IRS990/OtherAssetsTotalGrp/EOYAmt03800
IRS990/OtherChangesInNetAssetsAmt0-91887
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04145
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04914
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09059
IRS990/OtherExpensesGrp/Desc0LILLY SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt02637
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02782
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11485
IRS990/OtherExpensesGrp/ProgramServicesAmt03274
IRS990/OtherExpensesGrp/TotalAmt03274
IRS990/OtherExpensesGrp/TotalAmt12782
IRS990/OtherExpensesGrp/TotalAmt22637
IRS990/OtherExpensesGrp/TotalAmt31485
IRS990/OtherLiabilitiesGrp/BOYAmt01512321
IRS990/OtherLiabilitiesGrp/EOYAmt01750006
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016360
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026027
IRS990/OtherSalariesAndWagesGrp/TotalAmt042387
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03123
IRS990/PayrollTaxesGrp/ProgramServicesAmt04504
IRS990/PayrollTaxesGrp/TotalAmt07627
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026
IRS990/PrincipalOfficerNm0DOUGLAS L INMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0197443
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0744285
IRS990/PYInvestmentIncomeAmt0406455
IRS990/PYOtherExpensesAmt0187200
IRS990/PYOtherRevenueAmt04318
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-432552
IRS990/PYSalariesCompEmpBnftPaidAmt0109283
IRS990/PYTotalExpensesAmt01040768
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0608216
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-443429
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/FactsAndCircumstancesTestTxt0MORE THAN 10% OF THE FOUNDATION'S SUPPORT COMES A COMBINATION OF GOVERNMENT UNITS AND THE GENERAL PUBLIC. THE FOUNDATION ATTRACTS NEW PUBLIC AND GOVERNMENT SUPPORT ON A CONTINUOUS BASIS THROUGH MATCHING OPPORTUNITIES.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0350211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0653219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01254408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0320108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0406455
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0338928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0348505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0482702
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01896698
IRS990ScheduleA/PublicSupportCY170Pct00.23020
IRS990ScheduleA/PublicSupportPY170Pct00.21720
IRS990ScheduleA/PublicSupportTotal170Amt0725506
IRS990ScheduleA/SubstantialContributorsTotAmt0528902
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0350211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0653219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01254408
IRS990ScheduleA/TotalSupportAmt03151106
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/AdministrativeExpensesAmt0222110
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt019848750
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt033805
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt022904880
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0493634
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03738069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt096447
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt022055690
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0197443
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt019848750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0678712
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1427232
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0281145
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt017462125
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02802286
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt022055690
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0556402
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02628826
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0244176
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt016474395
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0667921
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt017462125
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0630712
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01194697
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0241745
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt017607348
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt020230
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt016474395
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0748506
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-162932
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt063
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt034480
IRS990ScheduleD/DonorAdvisedFundsHeldCnt03
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0923180
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019213
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0220423
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0220423
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0114301
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0237084
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0351385
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03417961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01750006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSETS HELD FOR OTHERS
IRS990ScheduleD/OtherRevenueAmt0-91887
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010480706
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1575153
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21398715
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt310207620
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4228254
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt514432
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FMB-MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FMB-SAVINGS AND TEMP CASH INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FFB-ALTERNATIVE INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FFB-MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4FFB-SAVINGS AND TEMP CASH INV
IRS990ScheduleD/OtherSecuritiesGrp/Desc5SAVINGS AND TEMP CASH INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/RevenueNotReportedAmt03326074
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0353913
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
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0334724
IRS990ScheduleD/TotalBookValueSecuritiesAmt022904880
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt01750006
IRS990ScheduleD/TotalRevenuePerForm990Amt0353913

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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