Civic Intelligence

The Stateline Community Foundation Inc.

990 • Fiscal year 2019 • EIN 39-1585271

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

690 Third Street Suite 110Beloit, WI 53511

(608) 362-4228

Siviq Scores

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

Liabilities / Assets

28th percentile

0.05x

Higher debt load relative to assets than 28% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.74x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

25th percentile

-3.6%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

20th percentile

$91,085

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

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

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

49th percentile

3.6%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Up

$13,022,440

Up $1,444,198 (+12%) from 2018

Net Assets

Up

$12,351,021

Up $1,451,367 (+13%) from 2018

Liabilities

Down

$671,419

Down $7,169 (-1.1%) from 2018

Revenue

Up

$905,762

Up $31,126 (+3.6%) from 2018

Expenses

Up

$938,128

Up $181,920 (+24%) from 2018

Net Income

Down

-$32,366

Down $150,794 (-127%) from 2018

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: $10,500,956Liabilities 2010: $2,493,305Net Assets 2010: $8,007,6512010Assets 2011: $9,664,187Liabilities 2011: $2,122,949Net Assets 2011: $7,541,2382011Assets 2012: $9,741,658Liabilities 2012: $1,772,796Net Assets 2012: $7,968,8622012Assets 2013: $10,083,962Liabilities 2013: $1,349,908Net Assets 2013: $8,734,0542013Assets 2014: $11,237,283Liabilities 2014: $864,203Net Assets 2014: $10,373,0802014Assets 2015: $10,217,429Liabilities 2015: $305,959Net Assets 2015: $9,911,4702015Assets 2016: $11,927,256Liabilities 2016: $864,005Net Assets 2016: $11,063,2512016Assets 2017: $13,019,086Liabilities 2017: $824,898Net Assets 2017: $12,194,1882017Assets 2018: $11,578,242Liabilities 2018: $678,588Net Assets 2018: $10,899,6542018Assets 2019: $13,022,440Liabilities 2019: $671,419Net Assets 2019: $12,351,0212019Assets 2020: $14,158,199Liabilities 2020: $1,295,243Net Assets 2020: $12,862,9562020Assets 2021: $15,749,272Liabilities 2021: $1,304,640Net Assets 2021: $14,444,6322021Assets 2022: $13,245,352Liabilities 2022: $1,136,357Net Assets 2022: $12,108,9952022Assets 2023: $14,849,412Liabilities 2023: $1,445,935Net Assets 2023: $13,403,4772023Assets 2024: $15,556,441Liabilities 2024: $1,321,026Net Assets 2024: $14,235,4152024

Highlighted filing

2019

Assets$13,022,440
Liabilities$671,419
Net Assets$12,351,021

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $584,6172010Expenses 2011: $674,8482011Expenses 2012: $653,2842012Revenue 2013: $1,003,096Expenses 2013: $691,604Net Income 2013: $311,4922013Revenue 2014: $2,484,223Expenses 2014: $595,102Net Income 2014: $1,889,1212014Revenue 2015: $635,750Expenses 2015: $638,763Net Income 2015: -$3,0132015Revenue 2016: $2,116,306Expenses 2016: $769,571Net Income 2016: $1,346,7352016Revenue 2017: $1,099,564Expenses 2017: $747,819Net Income 2017: $351,7452017Revenue 2018: $874,636Expenses 2018: $756,208Net Income 2018: $118,4282018Revenue 2019: $905,762Expenses 2019: $938,128Net Income 2019: -$32,3662019Revenue 2020: $644,681Expenses 2020: $972,719Net Income 2020: -$328,0382020Revenue 2021: $1,878,659Expenses 2021: $995,037Net Income 2021: $883,6222021Revenue 2022: $1,167,440Expenses 2022: $1,143,427Net Income 2022: $24,0132022Revenue 2023: $1,285,830Expenses 2023: $1,237,996Net Income 2023: $47,8342023Revenue 2024: $1,461,333Expenses 2024: $1,172,906Net Income 2024: $288,4272024

Highlighted filing

2019

Revenue$905,762
Expenses$938,128
Net Income-$32,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.0
Gross Receipts
$5,063,182
Mission and Program Overview

Mission

Stateline community foundation, inc. Is a nonprofit organization which serves as a vehicle for giving to the greater beloit, wi community. The foundation's purpose is to attract charitable, funds, identify community needs and provide resources to area agencies and institutions.

Stateline community foundation, inc. Is a nonprofit organization which serves as a vehicle for giving to the greater beloit, wi community. The foundation's purpose is to attract charitable funds, identify community needs and provide resources to area agencies and institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,715,829$12,219,413▲ $2,503,584
Savings and Temporary Cash Investments$301,260$130,963▼ $170,297
Investments Other Securities$1,077,141$123,817▼ $953,324
Prepaid Expenses and Deferred Charges$47,735$34,399▼ $13,336
Land, Buildings, and Equipment, Net$12,959$9,568▼ $3,391
Pledges and Grants Receivable$10,925$9,491▼ $1,434
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$11,578,242$13,022,440▲ $1,444,198
Other Assets Total$412,343$494,739▲ $82,396
Liabilities
Escrow Account Liability$546,351$564,271▲ $17,920
Grants Payable$115,571$102,816▼ $12,755
Accounts Payable and Accrued Expenses$16,666$4,332▼ $12,334
Total Liabilities$678,588$671,419▼ $7,169
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,466,553$11,774,988▲ $1,308,435
Net Assets With Donor Restrictions$433,101$576,033▲ $142,932
Total Net Assets Fund Balance$10,899,654$12,351,021▲ $1,451,367
Total Liabilities and Net Assets / Fund Balance$11,578,242$13,022,440▲ $1,444,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,519$33,767$39,286
Leasehold Improvements$4,049$3,447$7,496

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$10,456,013$319,596▲ $1,903,900$637,128$11,808,358
2018$11,749,947$1,593,804▼ $706,582$1,926,995$10,456,013
2017$8,156,741$1,801,353▲ $4,111,053$2,073,485$11,749,947
2016$7,677,039-▲ $680,475$50,627$8,156,741
2015$7,899,957-▼ $44,344$45,210$7,677,039
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tara TinderExecutive DiFT$88,432$2,653$91,085

Board Members and Trustees

NameTitle
Bill LockChairman
Martha MitchellVice-chair
Ann Sitrick JoyceDirector
Bonnie WetterDirector
Cecil YoungbloodDirector
J Marc PerryDirector
Jeff JohnsonDirector
Kim BlissDirector
Maureen GumowskiDirector
Patrick CannonDirector
Tim LindauDirector
Tim MckearnDirector
Joanne AcombImmediate Pa
William FlanaganSecretary
Don HuebschenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$380,193
Program Service Revenue
$0
Investment Income
$515,503
Other Revenue
$10,066
All Other Contributions
$380,193
Change in Net Assets
$-32,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$905,762
Revenue Not Reported on Form 990
$1,447,444
Total Revenue per Audited Statements
$2,353,206
Total Revenue per Form 990
$905,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$355,128
Salaries, Compensation, and Employee Benefits$296,700
Other Expenses$286,300
Total Fundraising Expense$138,936
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$242,914--$242,914
Other Salaries and Wages$55,323$80,698$25,696$161,717
Grants to Domestic Individuals$112,214--$112,214
Current Officers, Directors, Trustees, and Key Employees-$91,085-$91,085
Fees for Service Investment Mgmnt Fees-$49,489-$49,489
Occupancy$5,066$19,501$2,963$27,530
Information Technology$4,467$16,466$2,502$23,435
Payroll Taxes$4,464$14,694$2,310$21,468
Other Employee Benefits$3,413$13,136$1,996$18,545
Fees for Services Accounting$2,920$11,238$1,707$15,865
Office Expenses$2,969$6,569$4,353$13,891
Fees for Services Other$1,498$5,765$1,270$8,533
Conferences and Meetings$2,586$2,108$506$5,200
Depreciation Depletion$1,047$3,576$543$5,166
Other Expenses$880$3,232$491$4,603
Travel$2,420$1,822$322$4,564
Pension Plan Contributions$1,203$1,978$704$3,885
Insurance$698$2,687$409$3,794
Total Functional Expenses$467,015$332,177$138,936$938,128

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$938,128
Total Expenses per Audited Statements$901,839
Expenses per Audited Statements$888,639
Expenses Not Reported on Financial Statements$49,489
Other Expense Adjustments$49,489
Expenses Not Reported on Form 990$13,200
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stateline Boys & Girls ClubsBeloit, WI501c3Foundation Grants$33,000
FRIENDS OF PAUL'S COMPUTER INSTClinton, WI501c3Foundation Grant$23,125
CaritasBeloit, WI501c3Foundation Grants$19,436
Friends of RiverfrontBeloit, WI501c3Foundation Grants$13,250
Beloit Regional HospiceBeloit, WI501c3Foundation Grant$11,563
Rock River Philharmonic IncBeloit, WI501c3Foundation Grants$10,975
Beloit Meals on WheelsBeloit, WI501c3Foundation Grants$10,150
LITTLE TURTLE'S PLAYHOUSEBeloit, WI501c3Foundation Grant$8,950
Beloit International Film FestivalBeloit, WI501c3Foundation Grants$8,000
Healthnet of Rock CountyJanesville, WI501c3Foundation Grants$8,000
Beloit Historical SocietyBeloit, WI501c3Foundation Grants$7,033
Beloit SnappersBeloit, WIC CorpFoundation Grants$6,081
Nutrition & Health Associates IncBeloit, WI501c3Foundation Grants$5,650
First Presbyterian Church-united ChBeloit, WI501c3Foundation Grant$5,475
Salvation ArmyBeloit, WI501c3Foundation Grants$5,125
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
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
No
Management duties delegated
No

Governance Explanations

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

The form 990 is prepared by the auditors. When completed, it is reviewed for accuracy by the associate director and the executive director, as well as the treasurer prior to filing.

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

Conflict of interest forms are completed annually by each board of director member which are then reviewed by the executive director and the board chairperson. If there is a conflict during the discussion and voting process, this is noted and the board member involved is excused from voting.

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

The finance committee of the foundation reviews and recommends to the board of directors salary amounts based on salary surveys and compensation reviews for similar organizations.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Stateline Community Foundation
EIN
39-1585271
Phone
6083624228
Address
690 THIRD STREET SUITE 110, BELOIT, WI 53511

Signing Officer

Name
Don Huebschen
Title
Treasurer
Phone
6083624228
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tara Tinder
Formed
1986
Legal Domicile
Wi
Voting Board Members
15
Independent Board Members
15
Employees
7
Volunteers
70

Preparer

Firm
Siepert & Co Llp
Address
1920 WEST HART ROAD, BELOIT, WI 53511
Preparer
Dennis E Hildebrandt
Phone
6083652266
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Stateline community foundation, inc. Is a nonprofit organization which serves as a vehicle for giving to the greater beloit, wi community. The foundation's purpose is to attract charitable funds, identify community needs and provide resources to area agencies and institutions.

Form 990, Part XI, Line 9

Change in value of perpetual trust 78,808

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The foundation acts as an intermediary agent for custodial funds managed for others by the foundation. No revenue and expenses are recorded for receipts or payments of these funds. The custodial funds managed for others on hand at year-end are recorded as a payable to the beneficial organization.

Schedule D, Page 3, Part X

The foundation is a nonprofit organization exempt from federal and state income taxes under internal revenue code section 501(c)(3) as other than a private foundation. As a result, there is no provision for income taxes in the financial statements. Management of the foundation has evaluated uncertain tax positions and has determined there are no uncertain tax positions as of december 31, 2019. The foundation is subject to informational reporting requirements in the united states federal jurisdiction and the states of wisconsin and illinois. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. The foundation's federal and state of illinois returns remain open for examination for the past three years and for the state of wisconsin examination for the past four years. At december 31, 2019, there are no ongoing income tax audits or unresolved disputes with the various taxing authorities the foundation currently files, or has filed, with.

Schedule D, Page 4, Part XI, Line 2D

Investment fees netted -49,489 change in value of perpetual trust 78,808

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

Investment fees netted 49,489

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/MissionDesc0STATELINE COMMUNITY FOUNDATION, INC. IS A NONPROFIT ORGANIZATION WHICH SERVES AS A VEHICLE FOR GIVING TO THE GREATER BELOIT, WI COMMUNITY. THE FOUNDATION'S PURPOSE IS TO ATTRACT CHARITABLE FUNDS, IDENTIFY COMMUNITY NEEDS AND PROVIDE RESOURCES TO AREA AGENCIES AND INSTITUTIONS.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010466553
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IRS990/OtherExpensesGrp/Desc1DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2ORGANIZATION/CIVIC DUES
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010925
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034399
IRS990/PrincipalOfficerNm0TARA TINDER
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IRS990/PYTotalRevenueAmt0874636
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0301260
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0130963
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT FEES 69,987 OTHER PROGRAM REVENUE 425
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0179764
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014709
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt014607
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019637
IRS990ScheduleA/OtherIncome170Grp/TotalAmt070412
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IRS990ScheduleA/TotalSupportAmt02741720

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.6$1.32$14.2$1.46$1.17$0.29
2023Detailed filing. Detailed filing data is available for this year.$14.8$1.45$13.4$1.29$1.24$0.05
2022Detailed filing. Detailed filing data is available for this year.$13.2$1.14$12.1$1.17$1.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$15.7$1.30$14.4$1.88$1.00$0.88
2020Detailed filing. Detailed filing data is available for this year.$14.2$1.30$12.9$0.64$0.97$0.33
2019Detailed filing. Detailed filing data is available for this year.$13.0$0.67$12.4$0.91$0.94$0.03
2018Detailed filing. Detailed filing data is available for this year.$11.6$0.68$10.9$0.87$0.76$0.12
2017Detailed filing. Detailed filing data is available for this year.$13.0$0.82$12.2$1.10$0.75$0.35
2016Detailed filing. Detailed filing data is available for this year.$11.9$0.86$11.1$2.12$0.77$1.35
2015Detailed filing. Detailed filing data is available for this year.$10.2$0.31$9.91$0.64$0.64$0.00
2014Detailed filing. Detailed filing data is available for this year.$11.2$0.86$10.4$2.48$0.60$1.89
2013Detailed filing. Detailed filing data is available for this year.$10.1$1.35$8.73$1.00$0.69$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.74$1.77$7.97$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.66$2.12$7.54$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$2.49$8.01$0.58