Civic Intelligence

Siouxland Community Foundation

990 • Fiscal year 2017 • EIN 42-1323904

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 12, 2018

505 Fifth StreetSioux City, IA 51101

(712) 293-3303

Siviq Scores

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

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.92x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

16th percentile

$72,156

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

1.5%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$23,854,529

Up $3,337,695 (+16%) from 2016

Net Assets

Up

$21,011,717

Up $2,897,965 (+16%) from 2016

Liabilities

Up

$2,842,812

Up $439,730 (+18%) from 2016

Revenue

Up

$3,088,513

Up $46,348 (+1.5%) from 2016

Expenses

Down

$2,060,415

Down $920,019 (-31%) from 2016

Net Income

Up

$1,028,098

Up $966,367 (+1565%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $14,701,712Liabilities 2010: $1,666,852Net Assets 2010: $13,034,8602010Assets 2011: $14,673,828Liabilities 2011: $1,826,217Net Assets 2011: $12,847,6112011Assets 2012: $15,937,837Liabilities 2012: $2,052,542Net Assets 2012: $13,885,2952012Assets 2013: $17,989,333Liabilities 2013: $2,336,391Net Assets 2013: $15,652,9422013Assets 2014: $19,085,210Liabilities 2014: $2,403,989Net Assets 2014: $16,681,2212014Assets 2015: $19,389,547Liabilities 2015: $2,306,477Net Assets 2015: $17,083,0702015Assets 2016: $20,516,834Liabilities 2016: $2,403,082Net Assets 2016: $18,113,7522016Assets 2017: $23,854,529Liabilities 2017: $2,842,812Net Assets 2017: $21,011,7172017Assets 2018: $23,284,190Liabilities 2018: $2,842,681Net Assets 2018: $20,441,5092018Assets 2019: $30,782,842Liabilities 2019: $3,231,260Net Assets 2019: $27,551,5822019Assets 2020: $42,345,352Liabilities 2020: $3,489,224Net Assets 2020: $38,856,1282020Assets 2021: $48,073,662Liabilities 2021: $3,775,708Net Assets 2021: $44,297,9542021Assets 2022: $42,901,751Liabilities 2022: $3,379,204Net Assets 2022: $39,522,5472022Assets 2023: $46,308,469Liabilities 2023: $3,757,089Net Assets 2023: $42,551,3802023Assets 2024: $50,827,690Liabilities 2024: $4,255,181Net Assets 2024: $46,572,5092024

Highlighted filing

2017

Assets$23,854,529
Liabilities$2,842,812
Net Assets$21,011,717

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,503,0632010Expenses 2011: $1,787,7532011Expenses 2012: $2,195,3072012Revenue 2013: $4,080,108Expenses 2013: $2,083,741Net Income 2013: $1,996,3672013Revenue 2014: $3,092,421Expenses 2014: $1,788,426Net Income 2014: $1,303,9952014Revenue 2015: $3,325,971Expenses 2015: $1,894,377Net Income 2015: $1,431,5942015Revenue 2016: $3,042,165Expenses 2016: $2,980,434Net Income 2016: $61,7312016Revenue 2017: $3,088,513Expenses 2017: $2,060,415Net Income 2017: $1,028,0982017Revenue 2018: $4,235,093Expenses 2018: $2,316,049Net Income 2018: $1,919,0442018Revenue 2019: $6,166,288Expenses 2019: $2,280,561Net Income 2019: $3,885,7272019Revenue 2020: $11,101,743Expenses 2020: $2,430,785Net Income 2020: $8,670,9582020Revenue 2021: $5,846,258Expenses 2021: $2,902,001Net Income 2021: $2,944,2572021Revenue 2022: $6,628,636Expenses 2022: $4,278,719Net Income 2022: $2,349,9172022Revenue 2023: $4,546,385Expenses 2023: $5,013,806Net Income 2023: -$467,4212023Revenue 2024: $6,182,316Expenses 2024: $3,729,724Net Income 2024: $2,452,5922024

Highlighted filing

2017

Revenue$3,088,513
Expenses$2,060,415
Net Income$1,028,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 12, 2018
Return Version
2017v2.2
Gross Receipts
$4,934,117
Mission and Program Overview

Mission

The siouxland community foundation is a publicly supported, nonprofit organization established to support and enhance the quality of life in the greater siouxland tri-state area by administering a pool of endowed funds contributed by a variety of donors, individuals, families, corporations and other foundations and responding to emerging and changing needs in siouxland and sustain existing organizations or institutions through grants.

The siouxland community foundation is a trusted organization that connects people who care with causes that matter by providing a means to receive gifts and distribute grants in response to community needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,842,517$20,932,943▲ $2,090,426
Savings and Temporary Cash Investments$1,246,792$2,538,267▲ $1,291,475
Land, Buildings, and Equipment, Net$4,378--
Cash and Non-Interest-Bearing Accounts$66,282$2,200▼ $64,082
Total Assets$20,516,834$23,854,529▲ $3,337,695
Other Assets Total$356,865$381,119▲ $24,254
Liabilities
Other Liabilities$1,940,582$2,325,374▲ $384,792
Grants Payable$462,500$517,438▲ $54,938
Total Liabilities$2,403,082$2,842,812▲ $439,730
Net Assets / Fund Balance
Permanently Rstr Net Assets$13,629,011$14,386,700▲ $757,689
Temporarily Rstr Net Assets$4,149,556$6,125,433▲ $1,975,877
Unrestricted Net Assets$335,185$499,584▲ $164,399
Total Net Assets Fund Balance$18,113,752$21,011,717▲ $2,897,965
Total Liabilities and Net Assets / Fund Balance$20,516,834$23,854,529▲ $3,337,695

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$19,700$19,700

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$17,778,567$2,006,397▲ $2,602,025$-17,163$20,512,133
2016$16,746,195$2,664,245▲ $1,149,887$-13,280$17,778,567
2015$16,278,316$1,225,932▲ $1,329,874$8,756$16,746,195
2014$15,247,960$1,040,969▲ $656,980$4,150$16,278,316
2013$13,097,426$794,902▲ $2,218,433$-8,491$15,247,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca KrohnExecutive DirectorFT$72,156$72,156

Board Members and Trustees

NameTitle
Ryland DeinertGrants Chair
Dennis BullockMarketing & Development Comm. Chair
Robert F MeisPast President
Todd E DemossPresident/investment/finance
Renee M BeaulieuVice President
Beau StreckDirector
Beth BoettcherDirector
Janet FlanaganDirector
Lillyan RodriguezDirector
Marie L BuckleyDirector
Melissa GrantDirector
Richard KunzDirector
Richard MoellerDirector
Kathy K GundersonSecretary
Mary E AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,161,558
Program Service Revenue
$0
Investment Income
$909,422
Other Revenue
$17,533
All Other Contributions
$2,161,558
Change in Net Assets
$1,028,098

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,088,513
Revenue Not Reported on Form 990
$2,039,712
Total Revenue per Audited Statements
$5,128,225
Total Revenue per Form 990
$3,088,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,743,756
Salaries, Compensation, and Employee Benefits$159,060
Other Expenses$157,599
Total Fundraising Expense$25,416
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,283,456--$1,283,456
Grants to Domestic Individuals$460,300--$460,300
Current Officers, Directors, Trustees, and Key Employees$0$54,117$18,039$72,156
Other Salaries and Wages$0$67,034$0$67,034
Fees for Service Investment Mgmnt Fees$0$53,799$0$53,799
Fees for Services Accounting$0$24,650$0$24,650
Conferences and Meetings$0$23,065$0$23,065
Payroll Taxes$0$13,762$1,380$15,142
Occupancy$0$7,150$0$7,150
All Other Expenses$0$3,072$1,738$4,810
Other Employee Benefits$0$4,728$0$4,728
Depreciation Depletion$0$4,378$0$4,378
Advertising$0$0$3,066$3,066
Travel$0$1,573$393$1,966
Insurance$0$1,817$0$1,817
Other Expenses$0$1,108$277$1,385
Office Expenses$0$932$233$1,165
Total Functional Expenses$1,743,756$291,243$25,416$2,060,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,230,260
Expenses per Audited Statements$2,060,415
Total Expenses per Form 990$2,060,415
Expenses Not Reported on Form 990$169,845
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mark Avery StudioMccook Lake, SD-Bronzing, Casting, and Lighting$100,000
Hinton Community School DistrictHinton, IA-Wellness Equipment$53,682
Briar Cliff UniversitySioux City, IA-Annual Designated Fund Distribution$42,734
Sioux City Public MuseumSioux City, IA-Annual Designated Fund Distribution$40,915
First Reformed ChurchHull, IA-General Support$34,500
Make-a-wish Foundation of IowaSioux City, IA-Annual Designated Fund Distribution$32,258
Bishop Heelan Catholic High SchoolSioux City, IA-General Support$21,500
Siouxland Youth for ChristSioux City, IA-Teen Center Building Repairs$20,619
Akron Park & Recreation BoardAkron, IA-Playground Equipment$20,000
Crittenton CenterSioux City, IA-General Support$17,000
Big Sioux River Valley Historical SocietyHawarden, IA-Cemetery Flag Decoration$16,000
West Sioux Backpack ProgramWhiting, IA-Back Pack Program$16,000
Orpheum Theatre Preservation Project LtdSioux City, IA-Annual Designated Fund Distribution$15,408
City of IretonIreton, IA-Ball Field Improvement$15,000
Sioux Center Sack Pack ProgramSioux Center, IA-Backpack Program$15,000
ST MARY'S CATHOLIC CHURCHHawarden, IA-Annual Designated Fund Distribution$14,573
Sack Pack ProgramOrange City, IA-Backpack Program$14,000
Hawarden Volunteer Fire DepartHawarden, IA-Scba Air Pack Replacement$13,044
Morningside CollegeSioux City, IA-Annual Designated Fund Distribution$12,537
Council on Sexual Assault & Domestic ViolenceSioux City, IA-Annual Designated Fund Distribution$12,114
Sioux City Gospel MissionSioux City, IA-Annual Designated Fund Distribution$11,237
Horn Memorial HospialIda Grove, IA-Cardio/pulmonary Rehabilitation$11,174
Sergeant Bluff-luton Community School DistrictSergeant Bluff, IA-General Support$11,122
Dorothy Pecaut Nature CenterSioux City, IA-General Support$11,000
Miracle League of Sioux CitySioux City, IA-General Support$11,000
Pier Center for AutismSioux City, IA-General Support$11,000
Western Iowa Tech Community CollegeSioux City, IA-Annual Designated Fund Distribution$10,868
Siouxland Human Investment Partnership IncSioux City, IA-Four Directions$10,844
Food Bank of Siouxland IncSioux City, IA-Annual Designated Fund Distribution$10,470
Alton Fire Rescue & AmbulanceAlton, IA-Turnout Gear Replacement$10,000
Battle Creek Community Fire DeptBattle Creek, IA-Scba Bottle Filling Station$10,000
City of Ida GroveIda Grove, IA-Theatre Restoration$10,000
City of MauriceMaurice, IA-Community Center Info Sign$10,000
Galva Economic Development CorpGalva, IA-Park Playground$10,000
Granville Fire DepartGranville, IA-Rescue Pumper$10,000
Ida Grove Volunteer Fire DeptIda Grove, IA-Bunker Gear$10,000
Inspiration Hills Camp and Retreat CenterInwood, IA-Restroom/shower$10,000
Iretonwest Sioux Ball Field ImprovementIreton, IA-Ball Field Improvement$10,000
Midwest Honor Flight Sd & IaSioux Center, IA-General Support$10,000
Sealed With a Kid Child Care CenterIda Grove, IA-Come Grow With US$10,000
Whiting Volunteer Fire DepartWhiting, IA-Bunker Gear$10,000
Mapleton Ambulance ServiceMapleton, IA-Power Cot$9,412
Sioux City Community School DistrictSioux City, IA-General Support$9,192
ODEY'S INCOmaha, NE-Graves Park Forever Exp$8,000
Hawarden Public LibraryHawarden, IA-Positive Behavior Interventions and Supports$7,954
Mapleton Fire DepartMapleton, IA-Scba Bottle Replacement$7,779
Battle Creek Families for Playground EquipBattle Creek, IA-Basketball Court$7,500
Hull Fire DepartmentHull, IA-Pumper Truck$7,500
Hartley Community DaycareHartley, IA-Kitchen Remodel$7,000
Zion-st John SchoolPaullina, IA-Daycare Equip$7,000
Ida Grove Community Rec CenterIda Grove, IA-Annual Designated Fund Distribution$6,837
Oa-bcig Dollars for Scholars FoundationIda Grove, IA-Annual Designated Fund Distribution$6,781
Moorhead Cultural Center of the Loess HillsMoorhead, IA-School House Repairs$6,505
Big Springs Baptist ChurchAlcester, SD-Annual Designated Fund Distribution$6,504
Bishop Heelan - Sacred Heart SchoolSioux City, IA-Technology-enabled Learning Env$6,500
Little Sioux Valley Conservation AssociationPeterson, IA-Mammoth Statue$6,500
Sanborn Public LibrarySanborn, IA-Digitization Project$6,500
Girls Inc of Sioux CitySioux City, IA-Annual Designated Fund Distribution$6,358
Lorio-ross Sterling EntRoyal Oak, MI-Fundraiser$6,200
Faith Hope and ChairtyStorm Lake, IA-General Support$6,000
Hartley-melvin-sanborn High SchoolHartley, IA-Gym Floor Covering$6,000
Holstein Fire & Ambulance AssociationHolstein, IA-Replace Scba Harness and Tanks$6,000
SOUTH O'BRIEN COMMUNITY SCHOOL DISTRICTPaullina, IA-Window Scraping, Glazing, & Painting$6,000
West Mononawhiting Backpack Program CommitteeWhiting, IA-Backpack Program$6,000
Siouxland Community FoundationSioux City, IA-It Support$5,825
Sioux City Public SchoolsSioux City, IA-Annual Designated Fund Distribution$5,771
Master Dei School - Nativity CenterSioux City, IA-Classroom Technology/supplies$5,764
BEV'S ON THE RIVERSioux City, IA-Marketing and Community Awareness$5,737
Hartley Volunteer Fire DeptHartley, IA-Protective Equip$5,500
Monona County Fair AssociationBlencoe, IA-Concession Stand$5,500
Sutherland Fire & Ambulance DeptSutherland, IA-Wolverine Wellness Improvement$5,500
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
Agency Endowment Funds$2,325,374
Accrued Expenses-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Siouxland Community Foundation
EIN
42-1323904
Phone
7122933303
Address
505 FIFTH STREET, SIOUX CITY, IA 51101

Signing Officer

Name
Rebecca Krohn
Title
Executive Director
Phone
7122933303
Signed
2018-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Krohn
Formed
1987
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
307

Preparer

Firm
Nichols Rise & Co LLP
Address
302 Jones St Ste 320, Sioux City, IA 51101
Preparer
Lynette Meyer
Phone
7122524309
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copy provided to all board members for review. As authorized by the board, the form 990 is closely reviewed and approved by the finance committee.

Pt VI, Line 12C

A conflict of interest declaration is annually completed and signed by each board member. Board members must abstain from voting when a conflict of interest is present. Abstentions are noted in the minutes.

Pt VI, Line 15A

Performance of the executive director is reviewed annually by the executive committee using a performance assessment tool. Complied assessment report is reviewed with executive director. Council of foundation's grant maker's salary and benefits report is used for comparability data.

Pt VI, Line 19

These documents are available to the public upon request.

Form 990, Part IX, Line 24E

Printing 2897. 0. 1159. 1738.

Form 990, Part IX, Line 24E

Miscellaneous 1913. 0. 1913. 0.

Financial Statement Notes

Pt XI, Line 2D

Investment management fees retained by foundation

Pt XII, Line 2D

Investment management fees retained by foundation

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.8$4.26$46.6$6.18$3.73$2.45
2023Detailed filing. Detailed filing data is available for this year.$46.3$3.76$42.6$4.55$5.01$0.47
2022Detailed filing. Detailed filing data is available for this year.$42.9$3.38$39.5$6.63$4.28$2.35
2021Detailed filing. Detailed filing data is available for this year.$48.1$3.78$44.3$5.85$2.90$2.94
2020Detailed filing. Detailed filing data is available for this year.$42.3$3.49$38.9$11.1$2.43$8.67
2019Detailed filing. Detailed filing data is available for this year.$30.8$3.23$27.6$6.17$2.28$3.89
2018Detailed filing. Detailed filing data is available for this year.$23.3$2.84$20.4$4.24$2.32$1.92
2017Detailed filing. Detailed filing data is available for this year.$23.9$2.84$21.0$3.09$2.06$1.03
2016Detailed filing. Detailed filing data is available for this year.$20.5$2.40$18.1$3.04$2.98$0.06
2015Detailed filing. Detailed filing data is available for this year.$19.4$2.31$17.1$3.33$1.89$1.43
2014Detailed filing. Detailed filing data is available for this year.$19.1$2.40$16.7$3.09$1.79$1.30
2013Detailed filing. Detailed filing data is available for this year.$18.0$2.34$15.7$4.08$2.08$2.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$2.05$13.9$2.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.83$12.8$1.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.67$13.0$1.50