Civic Intelligence

The Galena Foundation Inc

990 • Fiscal year 2019 • EIN 36-3196642

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

PO Box 1Galena, IL 61036

(815) 777-1218

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

49th percentile

2.7%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$927,153

Up $24,258 (+2.7%) from 2018

Net Assets

Up

$927,153

Up $24,258 (+2.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$202,865

Up $48,895 (+32%) from 2018

Expenses

Up

$178,607

Up $13,147 (+7.9%) from 2018

Net Income

Up

$24,258

Up $35,748 (+311%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $854,778Liabilities 2010: $0Net Assets 2010: $854,7782010Assets 2011: $866,918Liabilities 2011: $0Net Assets 2011: $866,9182011Assets 2012: $936,179Liabilities 2012: $0Net Assets 2012: $936,1792012Assets 2013: $966,049Liabilities 2013: $0Net Assets 2013: $966,0492013Assets 2014: $982,390Liabilities 2014: $0Net Assets 2014: $982,3902014Assets 2015: $945,929Liabilities 2015: $0Net Assets 2015: $945,9292015Assets 2016: $917,366Liabilities 2016: $0Net Assets 2016: $917,3662016Assets 2017: $914,385Liabilities 2017: $0Net Assets 2017: $914,3852017Assets 2018: $902,895Liabilities 2018: $0Net Assets 2018: $902,8952018Assets 2019: $927,153Liabilities 2019: $0Net Assets 2019: $927,1532019Assets 2020: $930,663Liabilities 2020: $0Net Assets 2020: $930,6632020Assets 2021: $1,037,751Liabilities 2021: $0Net Assets 2021: $1,037,7512021Assets 2022: $1,142,367Liabilities 2022: $0Net Assets 2022: $1,142,3672022Assets 2023: $1,202,035Liabilities 2023: $0Net Assets 2023: $1,202,0352023Assets 2024: $1,455,562Liabilities 2024: $0Net Assets 2024: $1,455,5622024

Highlighted filing

2019

Assets$927,153
Liabilities$0
Net Assets$927,153

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $53,3132010Expenses 2011: $63,3662011Expenses 2012: $70,2102012Revenue 2013: $153,672Expenses 2013: $123,802Net Income 2013: $29,8702013Revenue 2014: $104,780Expenses 2014: $88,439Net Income 2014: $16,3412014Revenue 2015: $108,046Expenses 2015: $144,507Net Income 2015: -$36,4612015Revenue 2016: $61,446Expenses 2016: $90,009Net Income 2016: -$28,5632016Revenue 2017: $140,931Expenses 2017: $143,912Net Income 2017: -$2,9812017Revenue 2018: $153,970Expenses 2018: $165,460Net Income 2018: -$11,4902018Revenue 2019: $202,865Expenses 2019: $178,607Net Income 2019: $24,2582019Revenue 2020: $78,326Expenses 2020: $74,816Net Income 2020: $3,5102020Revenue 2021: $243,013Expenses 2021: $135,925Net Income 2021: $107,0882021Revenue 2022: $198,564Expenses 2022: $93,948Net Income 2022: $104,6162022Revenue 2023: $112,106Expenses 2023: $52,438Net Income 2023: $59,6682023Revenue 2024: $365,197Expenses 2024: $111,670Net Income 2024: $253,5272024

Highlighted filing

2019

Revenue$202,865
Expenses$178,607
Net Income$24,258
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$389,512
Mission and Program Overview

Mission

Preserve/Rehabilitate public assets

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$902,895$919,943▲ $17,048
Land, Buildings, and Equipment, Net-$7,210-
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$902,895$927,153▲ $24,258
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$681,327$623,502▼ $57,825
Net Assets Without Donor Restrictions$221,568$303,651▲ $82,083
Total Net Assets Fund Balance$902,895$927,153▲ $24,258
Total Liabilities and Net Assets / Fund Balance$902,895$927,153▲ $24,258

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,210--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kenneth RobbPresident
Beth BaranskiVice President
Andy WillisDirector
Craig BrownDirector
Daniel KelleyDirector
Karen GreinerDirector
Paula SchonhoffDirector
Sarah NewtonSecretary
David WilmarthTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$173,428
Program Service Revenue
$0
Investment Income
$29,437
Other Revenue
$0
All Other Contributions
$173,428
Change in Net Assets
$24,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,378
Other Expenses$12,229
Total Fundraising Expense$2,112
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$156,292--$156,292
Grants to Domestic Individuals$10,086--$10,086
Fees for Service Investment Mgmnt Fees-$4,622-$4,622
Insurance-$1,836-$1,836
Office Expenses-$1,198-$1,198
Advertising-$1,142-$1,142
Conferences and Meetings-$1,069-$1,069
Other Expenses-$250$2,112$250
Total Functional Expenses$166,378$10,117$2,112$178,607
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of GalenaGalena, IL-Restoration of Turner Hall$36,293
Loras CollegeDubuque, IA-Scholarship$30,000
University of DubuqueDubuque, IA-Scholarship$30,000
Vincentian Parish Mission CenIndependence, MO-Scholarship$19,700
First Presbyterian ChurchGalena, IL-Restoration of Steeple$14,312
City of GalenaGalena, IL-Restoration of Grant Park$7,095
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed at a monthly board meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Everything is available for inspection at annual meeting.

Filing and Contact Details

Filer

Filer Name
The Galena Foundation Inc
EIN
36-3196642
Phone
8157771218
Address
PO BOX 1, GALENA, IL 61036

Signing Officer

Name
David Wilmarth
Title
Treasurer
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Firm
Mark T Einsweiler CPA
Address
11114 W Red Gates RD, Galena, IL 61036-9062
Preparer
Mark Einsweiler
Phone
8157772032
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Galena ARC - Restoration OTHER PROGRAM SERVICES 5: Turner Hall - Restoration OTHER PROGRAM SERVICES 6: Jo Daviess County - Restoration OTHER PROGRAM SERVICES 7: Jo Daviess County School Districts - Preservation OTHER PROGRAM SERVICES 8: Loras College - Scholarship OTHER PROGRAM SERVICES 9: Vincentian Parish Mission Center - Scholarship OTHER PROGRAM SERVICES 10: First Presbyterian Church - Restoration OTHER PROGRAM SERVICES 11: Galena Public Library - Preservation

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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt024258
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0902895
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0919943
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0173428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0115580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt060039
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt092050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0554092
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027936
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015996
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0113166
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.83040
IRS990ScheduleA/PublicSupportPY170Pct00.78540
IRS990ScheduleA/PublicSupportTotal170Amt0554092
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0173428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0115580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0112995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt060039
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt092050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0554092
IRS990ScheduleA/TotalSupportAmt0667258
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07210
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt07210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07210
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt036293
IRS990ScheduleI/RecipientTable/CashGrantAmt17095
IRS990ScheduleI/RecipientTable/CashGrantAmt214312
IRS990ScheduleI/RecipientTable/CashGrantAmt330000
IRS990ScheduleI/RecipientTable/CashGrantAmt430000
IRS990ScheduleI/RecipientTable/CashGrantAmt519700
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESTORATION OF TURNER HALL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESTORATION OF GRANT PARK
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RESTORATION OF STEEPLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SCHOLARSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF GALENA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY OF GALENA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2FIRST PRESBYTERIAN CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3LORAS COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4UNIVERSITY OF DUBUQUE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5VINCENTIAN PARISH MISSION CEN
IRS990ScheduleI/RecipientTable/RecipientEIN0366005888
IRS990ScheduleI/RecipientTable/RecipientEIN1366005888
IRS990ScheduleI/RecipientTable/RecipientEIN2366006575
IRS990ScheduleI/RecipientTable/RecipientEIN3420680412
IRS990ScheduleI/RecipientTable/RecipientEIN4420680323
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0101 GREEN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1101 GREEN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2330 N BENCH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31450 ALTA VISTA ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42000 UNIVERSITY AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52100 N NOLAND RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GALENA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GALENA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GALENA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DUBUQUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DUBUQUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5INDEPENDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd161036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd261036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd352001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd452001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd564050
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Galena ARC - Restoration OTHER PROGRAM SERVICES 5: Turner Hall - Restoration OTHER PROGRAM SERVICES 6: Jo Daviess County - Restoration OTHER PROGRAM SERVICES 7: Jo Daviess County School Districts - Preservation OTHER PROGRAM SERVICES 8: Loras College - Scholarship OTHER PROGRAM SERVICES 9: Vincentian Parish Mission Center - Scholarship OTHER PROGRAM SERVICES 10: First Presbyterian Church - Restoration OTHER PROGRAM SERVICES 11: Galena Public Library - Preservation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed at a monthly board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Everything is available for inspection at annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0902895
IRS990/TotalAssetsEOYAmt0927153
IRS990/TotalAssetsGrp/BOYAmt0902895
IRS990/TotalAssetsGrp/EOYAmt0927153
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0173428
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02112
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010117
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166378
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178607

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.37$0.11$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.11$0.05$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.20$0.09$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.24$0.14$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.08$0.07$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.20$0.18$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.15$0.17$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.14$0.14$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.06$0.09$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.11$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.10$0.09$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.15$0.12$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$0.05