Civic Intelligence

Kenosha Community Foundation

990 • Fiscal year 2018 • EIN 39-6045289

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

600 52nd StreetKenosha, WI 53140

(262) 654-2412

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.14x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

1.16x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

15th percentile

-6.8%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

68%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$10,455,189

Down $763,368 (-6.8%) from 2017

Net Assets

Down

$8,950,824

Down $625,385 (-6.5%) from 2017

Liabilities

Down

$1,504,365

Down $137,983 (-8.4%) from 2017

Revenue

Up

$1,292,811

Up $524,554 (+68%) from 2017

Expenses

Down

$1,045,222

Down $80,015 (-7.1%) from 2017

Net Income

Up

$247,589

Up $604,569 (+169%) from 2017

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: $5,133,872Liabilities 2010: $51Net Assets 2010: $5,133,8212010Assets 2011: $5,194,606Liabilities 2011: $51Net Assets 2011: $5,194,5552011Assets 2012: $5,745,652Liabilities 2012: $941,692Net Assets 2012: $4,803,9602012Assets 2013: $7,003,436Liabilities 2013: $1,518,243Net Assets 2013: $5,485,1932013Assets 2014: $7,242,176Liabilities 2014: $1,545,624Net Assets 2014: $5,696,5522014Assets 2015: $7,171,150Liabilities 2015: $1,785,790Net Assets 2015: $5,385,3602015Assets 2016: $10,468,655Liabilities 2016: $1,524,056Net Assets 2016: $8,944,5992016Assets 2017: $11,218,557Liabilities 2017: $1,642,348Net Assets 2017: $9,576,2092017Assets 2018: $10,455,189Liabilities 2018: $1,504,365Net Assets 2018: $8,950,8242018Assets 2019: $11,810,685Liabilities 2019: $1,811,301Net Assets 2019: $9,999,3842019Assets 2020: $13,045,334Liabilities 2020: $2,046,330Net Assets 2020: $10,999,0042020Assets 2021: $15,928,621Liabilities 2021: $2,537,652Net Assets 2021: $13,390,9692021Assets 2022: $13,191,189Liabilities 2022: $2,173,979Net Assets 2022: $11,017,2102022Assets 2023: $14,891,642Liabilities 2023: $2,664,143Net Assets 2023: $12,227,4992023Assets 2024: $17,080,387Liabilities 2024: $1,713,098Net Assets 2024: $15,367,2892024

Highlighted filing

2018

Assets$10,455,189
Liabilities$1,504,365
Net Assets$8,950,824

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $446,6462010Expenses 2011: $575,6432011Expenses 2012: $544,9532012Revenue 2013: $793,590Expenses 2013: $555,723Net Income 2013: $237,8672013Revenue 2014: $949,131Expenses 2014: $737,772Net Income 2014: $211,3592014Revenue 2015: $761,246Expenses 2015: $704,695Net Income 2015: $56,5512015Revenue 2016: $4,646,190Expenses 2016: $742,676Net Income 2016: $3,903,5142016Revenue 2017: $768,257Expenses 2017: $1,125,237Net Income 2017: -$356,9802017Revenue 2018: $1,292,811Expenses 2018: $1,045,222Net Income 2018: $247,5892018Revenue 2019: $2,071,966Expenses 2019: $1,023,406Net Income 2019: $1,048,5602019Revenue 2020: $787,508Expenses 2020: $881,700Net Income 2020: -$94,1922020Revenue 2021: $2,807,404Expenses 2021: $1,022,586Net Income 2021: $1,784,8182021Revenue 2022: $1,133,682Expenses 2022: $1,113,319Net Income 2022: $20,3632022Revenue 2023: $1,565,395Expenses 2023: $1,809,960Net Income 2023: -$244,5652023Revenue 2024: $3,570,780Expenses 2024: $1,528,207Net Income 2024: $2,042,5732024

Highlighted filing

2018

Revenue$1,292,811
Expenses$1,045,222
Net Income$247,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,292,811
Mission and Program Overview

Mission

Helping people to enhance the

Helping people to enhance the present and insure the future of the kenosha community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,057,014$10,335,766▼ $721,248
Savings and Temporary Cash Investments$116,807$114,273▼ $2,534
Accounts Receivable$39,030$0▼ $39,030
Land, Buildings, and Equipment, Net$4,627$4,071▼ $556
Prepaid Expenses and Deferred Charges$1,076$1,076→ $0
Cash and Non-Interest-Bearing Accounts-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$11,218,557$10,455,189▼ $763,368
Other Assets Total$3$3→ $0
Liabilities
Escrow Account Liability$1,537,039$1,428,726▼ $108,313
Grants Payable$66,875$48,901▼ $17,974
Accounts Payable and Accrued Expenses$38,434$26,738▼ $11,696
Total Liabilities$1,642,348$1,504,365▼ $137,983
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,309,930$8,286,717▲ $4,976,787
Permanently Rstr Net Assets$4,234,587--
Unrestricted Net Assets$2,031,692$664,107▼ $1,367,585
Total Net Assets Fund Balance$9,576,209$8,950,824▼ $625,385
Total Liabilities and Net Assets / Fund Balance$11,218,557$10,455,189▼ $763,368

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,604$9,102$12,706
Equipment$467$1,373$1,840
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$685,403
Program Service Revenue
$0
Investment Income
$421,789
Other Revenue
$185,619
All Other Contributions
$685,403
Change in Net Assets
$247,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$765,414
Other Expenses$198,984
Total Fundraising Expense$131,678
Salaries, Compensation, and Employee Benefits$80,824
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$536,087--$536,087
Grants to Domestic Individuals$229,327--$229,327
Other Salaries and Wages$18,761$37,523$18,761$75,045
Occupancy$6,122$12,244$6,122$24,488
Fees for Services Other-$18,464-$18,464
Travel-$14,738-$14,738
Office Expenses-$2,624$7,871$10,495
All Other Expenses-$4,044$2,302$6,346
Payroll Taxes$1,445$2,889$1,445$5,779
Insurance$1,397$2,794$1,397$5,588
Other Expenses$2,456$5,383$2,456$5,383
Depreciation Depletion-$1,652-$1,652
Total Functional Expenses$795,595$117,949$131,678$1,045,222
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bethany Lutheran ChurchKenosha, WI-Special Program Funding$100,000
Hyslop FoundationKenosha, WI-Environmental Education Program$100,000
Shoreland Lutheran HsKenosha, WI-Educational Program Funding$100,000
Carthage CollegeKenosha, WI-Education$27,367
Boys & Girls Club of KenoshaKenosha, WI-Youth Education$19,225
Brookside Care CenterKenosha, WI-Senior Health Care$18,953
Wisconsin Lutheran SeminaryMequon, WI-Education$18,000
Shalom CenterKenosha, WI-Transportation Funds$14,746
Kenosha Creative SpaceKenosha, WI-Music Series Program Funding$10,507
Kenosha Achievment CenterKenosha, WI-Employment Program Funding$10,475
Kenosha Blue Line Hockey ClubKenosha, WI-Sports Education$10,000
Kenosha Literacy CouncilKenosha, WI-Educational Program Funding$9,225
Kenosha YmcaKenosha, WI-Special Program Funding$9,225
Boys TownBoys Town, NE-Youth Welfare$9,000
Cal FarleysAmarillo, TX-General Program Funding$9,000
Oasis Youth CenterKenosha, WI-Education$9,000
The Leadership InstituteArlington, VA-Education / Training$9,000
The Salvation Army of KenoshaKenosha, WI-Food and Shelter$9,000
The Sharing CenterTrevor, WI-Food Purchases$7,475
Choral Arts SocietyRacine, WI-Music Education$7,350
All Saints Catholic SchoolKenosha, WI-Educational Program Funding$6,402
St Joseph Catholic AcademyKenosha, WI-Educational Program Funding$5,776
Hope Council on Alcohol & OthKenosha, WI-Addiction Counseling$5,625
Kenosha Public LibraryKenosha, WI-Literacy Education$5,625
Elca Urban Outreach CenterKenosha, WI-Facilities Maintenance$5,111
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$185,619
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kenosha Community Events$185,619$185,619-$185,619
Total Events$185,619$185,619-$185,619
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Neil GuttormsenVice PresidentRent Harbor OfficeNo-

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
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
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by the executive director before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to disclose any possible conflicts of interest as soon as they become known. Conflicts of interest inquiries are made anually to all board members.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive director has a written contract that is reviewed by the executive committee and approved by the board.

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

A summary of the annual report is found on the foundations website and in print form at the foundations office. Detailed information is available upon request.

Filing and Contact Details

Filer

Filer Name
Kenosha Community Foundation
EIN
39-6045289
Phone
2626542412
Address
600 52ND STREET, KENOSHA, WI 53140

Signing Officer

Name
Robert Schneider
Title
Executive Director
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Schneider
Formed
1926
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
14
Employees
2

Preparer

Firm
Tirabassi Felland & Clark LLC
Address
8035 - 22nd Avenue, Kenosha, WI 53143
Preparer
Brian J Felland
Phone
2626527000
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - SCHEDULE D PART XIII - SUPPLEMENTAL INFORMATIONPARTS XI & XII LINE 2D:THE AUDITED FINANCIAL STATEMENTS SHOW GROSS FUNDRAISING INCOME AND EXPENSE, THE 990 SHOWS ONLY NET FUNDRAISING INCOME.

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

The foundation holds funds for the benefit of certain nonprofit organizations and disburses the funds at the request of the nonprofit after board approval.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer
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IRS990/MissionDesc0HELPING PEOPLE TO ENHANCE THE PRESENT AND INSURE THE FUTURE OF THE KENOSHA COMMUNITY
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt08950824
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt010495
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
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IRS990/OtherExpensesGrp/FundraisingAmt12456
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010682
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25383
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IRS990/OtherExpensesGrp/TotalAmt110682
IRS990/OtherExpensesGrp/TotalAmt29824
IRS990/OtherExpensesGrp/TotalAmt35383
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt037523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018761
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02889
IRS990/PayrollTaxesGrp/ProgramServicesAmt01445
IRS990/PayrollTaxesGrp/TotalAmt05779
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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04234587
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01076
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01076
IRS990/PrincipalOfficerNm0ROBERT SCHNEIDER
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0523000
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATION FEES
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0765295
IRS990/PYInvestmentIncomeAmt0290922
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IRS990/PYOtherExpensesAmt0281297
IRS990/PYOtherRevenueAmt016416
IRS990/PYProgramServiceRevenueAmt0142823
IRS990/PYRevenuesLessExpensesAmt0-356980
IRS990/PYSalariesCompEmpBnftPaidAmt078645
IRS990/PYTotalExpensesAmt01125237
IRS990/PYTotalRevenueAmt0768257
IRS990/QuidProQuoContributionsInd0false
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0247589
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0114273
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0318096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03164152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0116290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0363606
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0211399
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0185693
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0496425
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01272362
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.76300
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0116290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0363606
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04818248
IRS990ScheduleA/TotalSupportAmt06090610
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$1.71$15.4$3.57$1.53$2.04
2023Detailed filing. Detailed filing data is available for this year.$14.9$2.66$12.2$1.57$1.81$0.24
2022Detailed filing. Detailed filing data is available for this year.$13.2$2.17$11.0$1.13$1.11$0.02
2021Detailed filing. Detailed filing data is available for this year.$15.9$2.54$13.4$2.81$1.02$1.78
2020Detailed filing. Detailed filing data is available for this year.$13.0$2.05$11.0$0.79$0.88$0.09
2019Detailed filing. Detailed filing data is available for this year.$11.8$1.81$10.00$2.07$1.02$1.05
2018Detailed filing. Detailed filing data is available for this year.$10.5$1.50$8.95$1.29$1.05$0.25
2017Detailed filing. Detailed filing data is available for this year.$11.2$1.64$9.58$0.77$1.13$0.36
2016Detailed filing. Detailed filing data is available for this year.$10.5$1.52$8.94$4.65$0.74$3.90
2015Detailed filing. Detailed filing data is available for this year.$7.17$1.79$5.39$0.76$0.70$0.06
2014Detailed filing. Detailed filing data is available for this year.$7.24$1.55$5.70$0.95$0.74$0.21
2013Detailed filing. Detailed filing data is available for this year.$7.00$1.52$5.49$0.79$0.56$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$0.94$4.80$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.00$5.19$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.00$5.13$0.45