Civic Intelligence

Hastings Community Foundation Inc.

990 • Fiscal year 2013 • EIN 36-3569968

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 08, 2014

PO Box 70368902

(402) 462-5152

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.13x

Higher debt load relative to assets than 42% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

80th percentile

1.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

61st percentile

6.7%

Higher net margin than 61% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

73rd percentile

11%

Faster asset growth than 73% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$9,147,189

Up $920,128 (+11%) from 2012

Net Assets

Up

$7,933,705

Up $782,883 (+11%) from 2012

Liabilities

Up

$1,213,484

Up $137,245 (+13%) from 2012

Revenue

$1,119,594

No earlier filing loaded for comparison.

Expenses

Up

$1,044,778

Up $618,345 (+145%) from 2012

Net Income

$74,816

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $6,139,364Liabilities 2010: $933,702Net Assets 2010: $5,205,6622010Assets 2011: $7,190,507Liabilities 2011: $994,957Net Assets 2011: $6,195,5502011Assets 2012: $8,227,061Liabilities 2012: $1,076,239Net Assets 2012: $7,150,8222012Assets 2013: $9,147,189Liabilities 2013: $1,213,484Net Assets 2013: $7,933,7052013Assets 2014: $9,292,061Liabilities 2014: $1,232,781Net Assets 2014: $8,059,2802014Assets 2015: $9,279,825Liabilities 2015: $1,176,568Net Assets 2015: $8,103,2572015Assets 2016: $9,637,039Liabilities 2016: $1,240,377Net Assets 2016: $8,396,6622016Assets 2017: $11,140,317Liabilities 2017: $1,368,709Net Assets 2017: $9,771,6082017Assets 2018: $11,150,682Liabilities 2018: $1,252,333Net Assets 2018: $9,898,3492018Assets 2019: $13,807,958Liabilities 2019: $1,448,659Net Assets 2019: $12,359,2992019Assets 2020: $14,566,178Liabilities 2020: $1,582,940Net Assets 2020: $12,983,2382020Assets 2021: $18,703,367Liabilities 2021: $1,710,083Net Assets 2021: $16,993,2842021Assets 2022: $14,500,500Liabilities 2022: $1,010,472Net Assets 2022: $13,490,0282022Assets 2023: $16,185,855Liabilities 2023: $1,050,403Net Assets 2023: $15,135,4522023Assets 2024: $17,589,378Liabilities 2024: $1,111,298Net Assets 2024: $16,478,0802024

Highlighted filing

2013

Assets$9,147,189
Liabilities$1,213,484
Net Assets$7,933,705

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $528,7562010Expenses 2011: $624,5332011Expenses 2012: $426,4332012Revenue 2013: $1,119,594Expenses 2013: $1,044,778Net Income 2013: $74,8162013Revenue 2014: $1,424,556Expenses 2014: $1,186,518Net Income 2014: $238,0382014Revenue 2015: $1,762,572Expenses 2015: $1,175,116Net Income 2015: $587,4562015Revenue 2016: $1,636,041Expenses 2016: $1,407,348Net Income 2016: $228,6932016Revenue 2017: $2,465,661Expenses 2017: $1,466,814Net Income 2017: $998,8472017Revenue 2018: $2,923,541Expenses 2018: $1,537,316Net Income 2018: $1,386,2252018Revenue 2019: $2,655,180Expenses 2019: $1,008,540Net Income 2019: $1,646,6402019Revenue 2020: $3,055,783Expenses 2020: $2,587,624Net Income 2020: $468,1592020Revenue 2021: $10,811,389Expenses 2021: $2,515,157Net Income 2021: $8,296,2322021Revenue 2022: $1,453,084Expenses 2022: $2,960,748Net Income 2022: -$1,507,6642022Revenue 2023: $3,086,578Expenses 2023: $2,973,593Net Income 2023: $112,9852023Revenue 2024: $6,111,593Expenses 2024: $3,925,640Net Income 2024: $2,185,9532024

Highlighted filing

2013

Revenue$1,119,594
Expenses$1,044,778
Net Income$74,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 8, 2014
Return Version
2013v3.0
Gross Receipts
$1,381,803
Mission and Program Overview

Mission

The hastings community foundation works to perpetuate and enrich the quality of life in hastings and the surrounding area through the prudent investment and management of philanthropic donations.

COMMUNITY FOUNDATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,879,253$8,016,675▲ $1,137,422
Investments Other Securities$639,892$673,919▲ $34,027
Cash and Non-Interest-Bearing Accounts$494,289$403,426▼ $90,863
Savings and Temporary Cash Investments$213,627$53,169▼ $160,458
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$8,227,061$9,147,189▲ $920,128
Liabilities
Other Liabilities$1,074,814$1,211,690▲ $136,876
Accounts Payable and Accrued Expenses$1,425$1,794▲ $369
Total Liabilities$1,076,239$1,213,484▲ $137,245
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,986,699$7,704,050▲ $717,351
Unrestricted Net Assets$164,123$229,655▲ $65,532
Total Net Assets Fund Balance$7,150,822$7,933,705▲ $782,883
Total Liabilities and Net Assets / Fund Balance$8,227,061$9,147,189▲ $920,128

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$10,582$10,582
Other Securities$673,919--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$3,766,920$38,732▲ $602,760-$4,233,868
2012$3,470,959$63,754▲ $398,845-$3,766,920
2011$2,421,751$1,213,205▼ $42,935-$3,470,959
2010$2,095,000$120,192▲ $305,322-$2,421,751
2009$1,612,052$72,796▲ $466,849-$2,095,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
D Charles ShoemakerPresident
John QuirkVice-president
Martha BoydVice-president
Beth RobertsonDirector
Cheryl LockwoodDirector
Dean MoorsDirector
Gary AndersonDirector
Gayle McclureDirector
Hauli SabatkaDirector
James ThomDirector
Jim GuthmannDirector
John C OsborneDirector
John CrowleyDirector
Lafe AndersonDirector
Michael a WalenzDirector
Mike NevrivyDirector
Paula BeirowDirector
Charles HastingsSecretary
Marilyn NielsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$756,687
Program Service Revenue
$0
Investment Income
$362,907
Other Revenue
$0
All Other Contributions
$756,687
Change in Net Assets
$74,816

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$84,421Fair Market Value (FMV) on Date of Contribut
Total Noncash Contributions4$84,421-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$974,077
Salaries, Compensation, and Employee Benefits$48,037
Other Expenses$22,664
Total Fundraising Expense$2,898
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$936,086--$936,086
Other Salaries and Wages-$44,623-$44,623
Grants to Domestic Individuals$37,991--$37,991
Office Expenses-$9,039-$9,039
Payroll Taxes-$3,414-$3,414
Fees for Services Accounting-$3,150-$3,150
Advertising--$2,898$2,898
Conferences and Meetings-$1,668-$1,668
Fees for Services Legal-$1,200-$1,200
Other Expenses-$128-$128
Total Functional Expenses$974,077$67,803$2,898$1,044,778
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
91-1819190-501(c)(3)Construction of the Lark Facility$247,500
47-0728813-501(c)(3)Scholorships$60,000
47-0376607-501(c)(3)For General Operations, Capital Campaign$52,358
47-0379839-501(c)(3)Ophthalmology Equipment Fund for Exellence$50,000
51-0247972-501(c)(3)General Operations, Arts Department, Bridge the Gap, Band Challenge, Scholarships$29,280
47-0840990-501(c)(3)Scholorships$29,000
47-0700215-501(c)(3)Current Needs$25,986
20-1556250-501(c)(3)Fire Alarm System, Pavillion Rental, Capital Campaign, General Operations$25,500
13-5562361-501(c)(3)General Operations, Current Needs$22,486
47-0394659-501(c)(3)For General Operations$22,000
36-3412275-501(c)(3)General Operations$20,699
47-6006221-170(c)For Construction of the Greenscape Park Project, Construction of Highland Park Arboretum, and Community Grants$20,613
35-3215256-501(c)(3)Current Needs$20,000
52-6054737-501(c)(3)Speech Therapy Program$20,000
47-0713997-501(c)(3)General Operations, Trip to Costa Rica-12 Students$16,743
47-0602493-501(c)(3)Library Renovation Fund, General Operations, Grant Center Subscription$14,000
20-5319902-501(c)(3)General Operations, Video Production, Kids in Need Fund$12,442
53-0196605-501(c)(3)Current Needs, General Operations$11,500
34-0714336-501(c)(3)DIRECTOR'S CIRCLE$10,000
34-0714468-501(c)(3)For General Operations$10,000
34-1018992-501(c)(3)The Library, School of Medicine$10,000
53-0196805-501(c)(3)Current Needs$10,000
47-0843864-501(c)(3)Other Needs, Thayer Church$10,000
47-0773713-501(c)(3)Current Needs$7,500
47-6000971-501(c)(3)General Operations$7,250
23-7303693-501(c)(3)Nebraska Mural Project$6,000
47-0386539-501(c)(3)Ne Birthday Party for 4th Graders, General Operations$5,817
47-6006220-501(c)(3)General Operations$5,650
26-3608318-501(c)(3)For General Operations$5,500
47-6140497-501(c)(3)General Operations$5,254
47-0408717-501(c)(3)General Operations$5,181
45-0228055-501(c)(3)General Operations$5,181
34-0714626-501(c)(3)For Use Toward Special Education$5,000
34-0714600-501(c)(3)For General Operations$5,000
34-0714427-501(c)(3)For the Arts Programs$5,000
03-0229430-501(c)(3)For Capital Improvements$5,000
04-2103603-501(c)(3)Designated for Scholarships$5,000
14-1338587-501(c)(3)For the Shiva Theatre$5,000
47-0645229-501(c)(3)Current Needs$5,000
34-0714744-501(c)(3)Capital Campaign$5,000
34-1943865-501(c)(3)General Operations$5,000
34-1571233-501(c)(3)Sulphur Springs Headwaters$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
Funds Held for Other Organizations$1,211,690
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Part VI, Section B, Line 11

A copy of form 990 is given to each member of the board of directors. The executive committee of the board of directors reviews in detail and approves the tax return prior to its filing. The treasurer of the board of directors signs the approved tax return.

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

Each board member shall file with the president of the foundation a list of his or her principal business activities, as well as offices and directorships held in other charitable and business organizations which are or may be likely to become the recipient of grants from the foundation or be otherwise involved in a business relationship with the foundation,; and a director and staff member of the foundation shall abstain from voting and from participating in discussion (except when responding to requests for factual information from another director of staff member) on any action in which he or she has a direct or indirect financial or non-financial interest and such abstention shall be noted in the minutes. Each member of the board of director's will be required to submit this disclosure annually.

Form 990, Part VI, Section C, Line 19

The hastings community foundation's governing documents, conflict of interest policy, and financial statements are made available to the public upon request at the hastings community foundation's office located at 800 w 3rd st, ste 232, hastings, nebraska.

Filing and Contact Details

Filer

EIN
36-3569968
Phone
4024625152

Signing Officer

Name
Marilyn M Nielsen
Title
Treasurer
Phone
4024625152
Signed
2014-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn M Nielsen
Formed
1988
Legal Domicile
Ne
Voting Board Members
19
Independent Board Members
19
Employees
2
Volunteers
0

Preparer

Preparer
Michael a Walenz CPA
Phone
4024624154
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE HASTINGS COMMUNITY FOUNDATION WORKS TO PERPETUATE AND ENRICH THE QUALITY OF LIFE IN HASTINGS AND THE SURROUNDING AREA THROUGH THE PRUDENT INVESTMENT AND MANAGEMENT OF PHILANTHROPIC DONATIONS.
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IRS990/NetAssetsOrFundBalancesEOYAmt07933705
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt096124
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0708067
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt084421
IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc1POSTAGE
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXP
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11476
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21265
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3128
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IRS990/OtherLiabilitiesGrp/BOYAmt01074814
IRS990/OtherLiabilitiesGrp/EOYAmt01211690
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt06986699
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07704050
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014960
IRS990/ProgSrvcAccomActy2Grp/GrantAmt014960
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt03000
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04233868
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt089844
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0602760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt079380
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03470959
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt063754
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03766920
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt087258
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt013179
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01612052
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt072796

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.6$1.11$16.5$6.11$3.93$2.19
2023Detailed filing. Detailed filing data is available for this year.$16.2$1.05$15.1$3.09$2.97$0.11
2022Detailed filing. Detailed filing data is available for this year.$14.5$1.01$13.5$1.45$2.96$1.51
2021Detailed filing. Detailed filing data is available for this year.$18.7$1.71$17.0$10.8$2.52$8.30
2020Detailed filing. Detailed filing data is available for this year.$14.6$1.58$13.0$3.06$2.59$0.47
2019Detailed filing. Detailed filing data is available for this year.$13.8$1.45$12.4$2.66$1.01$1.65
2018Detailed filing. Detailed filing data is available for this year.$11.2$1.25$9.90$2.92$1.54$1.39
2017Detailed filing. Detailed filing data is available for this year.$11.1$1.37$9.77$2.47$1.47$1.00
2016Detailed filing. Detailed filing data is available for this year.$9.64$1.24$8.40$1.64$1.41$0.23
2015Detailed filing. Detailed filing data is available for this year.$9.28$1.18$8.10$1.76$1.18$0.59
2014Detailed filing. Detailed filing data is available for this year.$9.29$1.23$8.06$1.42$1.19$0.24
2013Detailed filing. Detailed filing data is available for this year.$9.15$1.21$7.93$1.12$1.04$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$1.08$7.15$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$0.99$6.20$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$0.93$5.21$0.53