Civic Intelligence

Pella Community Foundation

990 • Fiscal year 2015 • EIN 42-1374038

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 27, 2015

PO Box 112Pella, IA 50219

(641) 628-8003

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.38x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

5.56x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

53rd percentile

3.5%

Higher net margin than 53% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.7%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-52%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,723,690

Down $339,332 (-6.7%) from 2014

Net Assets

Up

$2,922,145

Up $11,416 (+0.4%) from 2014

Liabilities

Down

$1,801,545

Down $350,748 (-16%) from 2014

Revenue

Down

$324,246

Down $354,248 (-52%) from 2014

Expenses

Up

$312,830

Up $31,910 (+11%) from 2014

Net Income

Down

$11,416

Down $386,158 (-97%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $3,947,480Liabilities 2011: $2,396,817Net Assets 2011: $1,550,6632011Assets 2012: $3,888,561Liabilities 2012: $2,201,060Net Assets 2012: $1,687,5012012Assets 2013: $4,833,421Liabilities 2013: $2,320,266Net Assets 2013: $2,513,1552013Assets 2014: $5,063,022Liabilities 2014: $2,152,293Net Assets 2014: $2,910,7292014Assets 2015: $4,723,690Liabilities 2015: $1,801,545Net Assets 2015: $2,922,1452015Assets 2016: $4,819,575Liabilities 2016: $1,614,334Net Assets 2016: $3,205,2412016Assets 2017: $5,511,643Liabilities 2017: $1,755,031Net Assets 2017: $3,756,6122017Assets 2018: $6,730,385Liabilities 2018: $1,798,699Net Assets 2018: $4,931,6862018Assets 2019: $7,695,651Liabilities 2019: $1,788,347Net Assets 2019: $5,907,3042019Assets 2020: $7,554,068Liabilities 2020: $1,698,898Net Assets 2020: $5,855,1702020Assets 2021: $9,234,132Liabilities 2021: $2,053,787Net Assets 2021: $7,180,3452021Assets 2022: $8,804,886Liabilities 2022: $1,852,576Net Assets 2022: $6,952,3102022Assets 2023: $9,419,044Liabilities 2023: $1,906,691Net Assets 2023: $7,512,3532023Assets 2024: $19,455,087Liabilities 2024: $1,986,784Net Assets 2024: $17,468,3032024Assets 2025: $21,124,449Liabilities 2025: $2,166,695Net Assets 2025: $18,957,7542025

Highlighted filing

2015

Assets$4,723,690
Liabilities$1,801,545
Net Assets$2,922,145

Operations Trend

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

$10M$5.0M$0Expenses 2011: $75,7482011Revenue 2012: $342,143Expenses 2012: $92,632Net Income 2012: $249,5112012Expenses 2013: $275,6312013Revenue 2014: $678,494Expenses 2014: $280,920Net Income 2014: $397,5742014Revenue 2015: $324,246Expenses 2015: $312,830Net Income 2015: $11,4162015Revenue 2016: $462,293Expenses 2016: $95,676Net Income 2016: $366,6172016Revenue 2017: $398,598Expenses 2017: $95,167Net Income 2017: $303,4312017Revenue 2018: $1,333,208Expenses 2018: $212,047Net Income 2018: $1,121,1612018Revenue 2019: $1,160,034Expenses 2019: $273,014Net Income 2019: $887,0202019Revenue 2020: $386,989Expenses 2020: $296,623Net Income 2020: $90,3662020Revenue 2021: $355,565Expenses 2021: $290,875Net Income 2021: $64,6902021Revenue 2022: $831,489Expenses 2022: $334,507Net Income 2022: $496,9822022Revenue 2023: $578,693Expenses 2023: $295,667Net Income 2023: $283,0262023Revenue 2024: $9,681,760Expenses 2024: $348,470Net Income 2024: $9,333,2902024Revenue 2025: $1,135,776Expenses 2025: $413,942Net Income 2025: $721,8342025

Highlighted filing

2015

Revenue$324,246
Expenses$312,830
Net Income$11,416
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 27, 2015
Return Version
2014v5.0
Gross Receipts
$324,246
Mission and Program Overview

Mission

The basic purpose of the Foundation is to enhance the heritage and the quality of life of the people of Pella by facilitating and supporting the work of the non-profit organizations of the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,366,990$4,063,401▼ $303,589
Cash and Non-Interest-Bearing Accounts$350,981$447,843▲ $96,862
Investments Other Securities$345,051$212,446▼ $132,605
Savings and Temporary Cash Investments-$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 Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,063,022$4,723,690▼ $339,332
Other Assets Total-$0-
Liabilities
Escrow Account Liability$2,152,293$1,801,545▼ $350,748
Total Liabilities$2,152,293$1,801,545▼ $350,748
Net Assets / Fund Balance
Unrestricted Net Assets$2,910,729$2,922,145▲ $11,416
Total Net Assets Fund Balance$2,910,729$2,922,145▲ $11,416
Total Liabilities and Net Assets / Fund Balance$5,063,022$4,723,690▼ $339,332

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$92,885--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pete VerheyChairman
Jim BrandlPresident
Mary GlendeningVice President
Brenda ColvinDirector
Frank VandenBoschDirector
Les FullerDirector
Mark ReckerDirector
Mary Van ZanteDirector
Mike MontgomeryDirector
Roger StollDirector
Tami PutnamDirector
Ardith SutphenSecretary
Dave EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265,979
Program Service Revenue
$10,873
Investment Income
$47,394
Other Revenue
$0
All Other Contributions
$265,979
Change in Net Assets
$11,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$298,699
Other Expenses$14,131
Total Fundraising Expense$428
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$298,699--$298,699
Fees for Services Accounting-$8,600-$8,600
Other Expenses$1,387-$428$1,387
Office Expenses$1,377--$1,377
Advertising$837--$837
Total Functional Expenses$303,802$8,600$428$312,830
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wesley LifePella, IA-Senior Housing Development$200,000
Dollars for ScholarsPella, IA-Earnings Allocation$24,633
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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

The 990 was sent to a secure electronic portal to which all the members of the board were given a password to review 990 and comment on any items they questioned before filing.

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

The officers, directors and key employees are required annually to disclose any interests that could give rise to conflicts. If a conflict of interest exists that person may make a factual presentation to the board or committee, but after such presentation shall leave the meeting during discussion of and the vote on the transaction or arrangement that results in the conflict of interest. If appropriate, the President or committee, shall appoint a disinterested person to committee to investigate alternatives to the proposed transaction or arrangement.If the board or committe has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determined that the member in fact failed to disclose an actual or possible conflict of interest, it shall take appropriated disciplinary and corrective actions.

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

Financial statements are published in an annual report that is sent out to all past contributors and are made available to all local organizations, law offices, financial planners and is also available to the public on line at the organization's website. Governing documents, policies and the tax return are available on request.

Filing and Contact Details

Filer

Filer Name
Pella Community Foundation
EIN
42-1374038
Phone
6416288003
Address
PO Box 112, Pella, IA 50219

Signing Officer

Name
Jim Brandl
Title
President
Signed
2015-10-27
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
13

Preparer

Firm
Van Maanen Sietstra Meyer & Nikkel PC
Address
705 Main Street, Pella, IA 50219
Preparer
Colleen Williams CPA
Phone
6416283737
Supplemental Narrative

Financial Statement Notes

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

Several local nonprofits have chosen to invest some of their funds through the Pella Community Foundation's investments. The Pella Community Foundation has an investment program that allows for a diversified portfolio of investments. This has allowed local nonprofits to diversify their portfolios more than would have been possible on their own. The Pella Community Foundation and the local nonprofits have an agency agreement, where the investing nonprofits have signed an agreement that they have accepted the risk of these investments. Distributions (up to 100% of the Fund balance) of the Fund is pursuant to requests of the Agency submitted in writing authorizing such distributions. The resolution shall state the specific reason(s) for the request and describe why such distribution would further the legitimate interests of the Agency and how the fiduciary responsibilities to prior contributions will be fulfilled. Any such distribution of the Fund's principal, in whole or in part, shall be subject to the approval of the Foundation's Board of Directors, which shall not be unreasonably withheld, and will be made within 90 days of the required approvals. The Foundation provides a written statement to the Agency no later than 30 days after the end of each quarter showing the performance and activity of the Fund. The fee to administer the investments by the foundation is .5% of the market value of the Funds assets at the fiscal year-end.

Part V, Line 4: Intended uses of the endowment fund.

The amounts previously held as Permanent Endowments or quasi-permanent endowment have been reclassified as unrestricted. The Community Foundation has variance powers which allow gifts to be reclassified if the original use is not practical or becomes difficult to administer, as such, no contributions can be considered permanent. In accordance with the reclassification in the audit, all net assets are now considered unrestricted unless a time element would release a temporary restriction.

Part X : FIN48 Footnote

It is the opinion of management that the Foundation had no uncertain tax positions that would be subject to Interpretation No. 48.

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IRS990/IndependentVotingMemberCnt012
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IRS990/InsuranceGrp/TotalAmt00
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IRS990/InterestGrp/TotalAmt00
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IRS990/LegalDomicileStateCd0IA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The basic purpose of the Foundation is to enhance the heritage and the quality of life of the people of Pella by facilitating and supporting the work of the non-profit organizations of the area.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02910729
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OfficeExpensesGrp/TotalAmt01377
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IRS990/OtherAssetsTotalGrp/EOYAmt00
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IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Dues and Subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt0428
IRS990/OtherExpensesGrp/ProgramServicesAmt01502
IRS990/OtherExpensesGrp/ProgramServicesAmt11387
IRS990/OtherExpensesGrp/TotalAmt01930
IRS990/OtherExpensesGrp/TotalAmt11387
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Administration fee
IRS990/ProgramServiceRevenueGrp/Desc1Grant reimbursement
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09955
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1918
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0385528
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0265593
IRS990/PYInvestmentIncomeAmt0281365
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt015327
IRS990/PYProgramServiceRevenueAmt011601
IRS990/PYRevenuesLessExpensesAmt0397574
IRS990/PYTotalExpensesAmt0280920
IRS990/PYTotalRevenueAmt0678494
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011416
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010873
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0276852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0397129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0963251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0241202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01989636
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt096534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt058896
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt051989
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt036428
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0291241
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt048952
IRS990ScheduleA/OtherIncome170Grp/TotalAmt048952
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85400
IRS990ScheduleA/PublicSupportPY170Pct00.85940
IRS990ScheduleA/PublicSupportTotal170Amt01989636
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0276852
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0397129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0963251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0241202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0111202
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01989636
IRS990ScheduleA/TotalSupportAmt02329829
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0119561
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt192885
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PRIVATE EQUITY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1COMMODITY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Several local nonprofits have chosen to invest some of their funds through the Pella Community Foundation's investments. The Pella Community Foundation has an investment program that allows for a diversified portfolio of investments. This has allowed local nonprofits to diversify their portfolios more than would have been possible on their own. The Pella Community Foundation and the local nonprofits have an agency agreement, where the investing nonprofits have signed an agreement that they have accepted the risk of these investments. Distributions (up to 100% of the Fund balance) of the Fund is pursuant to requests of the Agency submitted in writing authorizing such distributions. The resolution shall state the specific reason(s) for the request and describe why such distribution would further the legitimate interests of the Agency and how the fiduciary responsibilities to prior contributions will be fulfilled. Any such distribution of the Fund's principal, in whole or in part, shall be subject to the approval of the Foundation's Board of Directors, which shall not be unreasonably withheld, and will be made within 90 days of the required approvals. The Foundation provides a written statement to the Agency no later than 30 days after the end of each quarter showing the performance and activity of the Fund. The fee to administer the investments by the foundation is .5% of the market value of the Funds assets at the fiscal year-end.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The amounts previously held as Permanent Endowments or quasi-permanent endowment have been reclassified as unrestricted. The Community Foundation has variance powers which allow gifts to be reclassified if the original use is not practical or becomes difficult to administer, as such, no contributions can be considered permanent. In accordance with the reclassification in the audit, all net assets are now considered unrestricted unless a time element would release a temporary restriction.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2It is the opinion of management that the Foundation had no uncertain tax positions that would be subject to Interpretation No. 48.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part X : FIN48 Footnote
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt024633
IRS990ScheduleI/RecipientTable/CashGrantAmt1200000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Earnings Allocation
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Senior Housing Development
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Dollars for Scholars
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Wesley Life
IRS990ScheduleI/RecipientTable/RecipientEIN0411985191
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0102 E 15th St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1Main St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Pella
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Pella
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050219
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd150219
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Local nonprofits submit grants to the Pella Community Foundation each year requesting funds to help them meet their charitable purpose. The grants are evalauted by a committee of the Pella Community Foundation and rated by all the members of the committee. A weighted average is then calculated to determine which grant applications will be funded and for how much. Before grants are paid out to the local nonprofits, they are required to sign a document that states that the grant will be used as described in their application, and they will submit proof to the Pella Community Foundation of their expenditure in accordance with their grant application.In addition, there are grants paid out related to a spending rate set by the board on invested permanent endowment and agency funds. These grants are requested by the owner of the agency funds, or the designated beneficiary of the permanent endowment fund. All owners or beneficiaries are tax exempt nonprofits within the local area as determined by the Pella Community Foundation's exempt purpose.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$2.17$19.0$1.14$0.41$0.72
2024Detailed filing. Detailed filing data is available for this year.$19.5$1.99$17.5$9.68$0.35$9.33
2023Detailed filing. Detailed filing data is available for this year.$9.42$1.91$7.51$0.58$0.30$0.28
2022Detailed filing. Detailed filing data is available for this year.$8.80$1.85$6.95$0.83$0.33$0.50
2021Detailed filing. Detailed filing data is available for this year.$9.23$2.05$7.18$0.36$0.29$0.06
2020Detailed filing. Detailed filing data is available for this year.$7.55$1.70$5.86$0.39$0.30$0.09
2019Detailed filing. Detailed filing data is available for this year.$7.70$1.79$5.91$1.16$0.27$0.89
2018Detailed filing. Detailed filing data is available for this year.$6.73$1.80$4.93$1.33$0.21$1.12
2017Detailed filing. Detailed filing data is available for this year.$5.51$1.76$3.76$0.40$0.10$0.30
2016Detailed filing. Detailed filing data is available for this year.$4.82$1.61$3.21$0.46$0.10$0.37
2015Detailed filing. Detailed filing data is available for this year.$4.72$1.80$2.92$0.32$0.31$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.06$2.15$2.91$0.68$0.28$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$2.32$2.51$0.28
2012Summary only. Only limited summary data is available for this year.$3.89$2.20$1.69$0.34$0.09$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$2.40$1.55$0.08