Civic Intelligence

Bancroft Community Foundation Inc

EIN 42-1468316 • 501(c)3 • Algona, IA

Profile

The foundation was created to raise funds and distribute grants for civic betterment projects in the city of bancroft, iowa, which could not otherwise be funded by tax dollars due to budget constraints.

111 N Dodge StAlgona, IA 50511

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.49x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

4.6%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

80th percentile

36%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Up

$3,696,591

Up $229,750 (+6.6%) from 2024

Liabilities

Down

$138,974

Down $21,026 (-13%) from 2024

Net Assets

Up

$3,557,617

Up $250,776 (+7.6%) from 2024

Revenue

Up

$282,460

Up $72,242 (+34%) from 2024

Expenses

Down

$31,684

Down $69,193 (-69%) from 2024

Net Income

Up

$250,776

Up $141,435 (+129%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,430,393Liabilities 2011: $132,706Net Assets 2011: $1,297,6872011Assets 2012: $1,437,144Liabilities 2012: $101,147Net Assets 2012: $1,335,9972012Assets 2013: $1,429,766Liabilities 2013: $67,555Net Assets 2013: $1,362,2112013Assets 2014: $1,429,031Liabilities 2014: $31,713Net Assets 2014: $1,397,3182014Assets 2015: $1,368,106Liabilities 2015: $101Net Assets 2015: $1,368,0052015Assets 2016: $1,716,676Liabilities 2016: $20,000Net Assets 2016: $1,696,6762016Assets 2017: $2,096,498Liabilities 2017: $302,550Net Assets 2017: $1,793,9482017Assets 2018: $1,885,974Liabilities 2018: $365,300Net Assets 2018: $1,520,6742018Assets 2019: $2,053,057Liabilities 2019: $324,235Net Assets 2019: $1,728,8222019Assets 2020: $2,157,590Liabilities 2020: $300,464Net Assets 2020: $1,857,1262020Assets 2021: $2,125,875Liabilities 2021: $243,405Net Assets 2021: $1,882,4702021Assets 2022: $3,292,627Liabilities 2022: $212,300Net Assets 2022: $3,080,3272022Assets 2023: $3,377,500Liabilities 2023: $180,000Net Assets 2023: $3,197,5002023Assets 2024: $3,466,841Liabilities 2024: $160,000Net Assets 2024: $3,306,8412024Assets 2025: $3,696,591Liabilities 2025: $138,974Net Assets 2025: $3,557,6172025

Highlighted filing

2025

Assets$3,696,591
Liabilities$138,974
Net Assets$3,557,617

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $96,531Expenses 2011: $68,170Net Income 2011: $28,3612011Revenue 2012: $69,300Expenses 2012: $30,990Net Income 2012: $38,3102012Revenue 2013: $46,799Expenses 2013: $20,585Net Income 2013: $26,2142013Revenue 2014: $56,136Expenses 2014: $21,029Net Income 2014: $35,1072014Revenue 2015: $119,774Expenses 2015: $51,979Net Income 2015: $67,7952015Revenue 2016: $390,496Expenses 2016: $172,891Net Income 2016: $217,6052016Revenue 2017: $221,515Expenses 2017: $97,781Net Income 2017: $123,7342017Revenue 2018: $180,660Expenses 2018: $103,686Net Income 2018: $76,9742018Revenue 2019: $134,819Expenses 2019: $135,862Net Income 2019: -$1,0432019Revenue 2020: $197,475Expenses 2020: $69,171Net Income 2020: $128,3042020Revenue 2021: $66,763Expenses 2021: $43,673Net Income 2021: $23,0902021Revenue 2022: $1,279,969Expenses 2022: $86,111Net Income 2022: $1,193,8582022Revenue 2023: $152,486Expenses 2023: $35,313Net Income 2023: $117,1732023Revenue 2024: $210,218Expenses 2024: $100,877Net Income 2024: $109,3412024Revenue 2025: $282,460Expenses 2025: $31,684Net Income 2025: $250,7762025

Highlighted filing

2025

Revenue$282,460
Expenses$31,684
Net Income$250,776

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.70$0.14$3.56$0.28$0.03$0.25
2024Detailed filing. Detailed filing data is available for this year.$3.47$0.16$3.31$0.21$0.10$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.38$0.18$3.20$0.15$0.04$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.29$0.21$3.08$1.28$0.09$1.19
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.24$1.88$0.07$0.04$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.16$0.30$1.86$0.20$0.07$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.05$0.32$1.73$0.13$0.14$0.00
2018Summary only. Only limited summary data is available for this year.$1.89$0.37$1.52$0.18$0.10$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.10$0.30$1.79$0.22$0.10$0.12
2016Summary only. Only limited summary data is available for this year.$1.72$0.02$1.70$0.39$0.17$0.22
2015Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$0.12$0.05$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.03$1.40$0.06$0.02$0.04
2013Summary only. Only limited summary data is available for this year.$1.43$0.07$1.36$0.05$0.02$0.03
2012Summary only. Only limited summary data is available for this year.$1.44$0.10$1.34$0.07$0.03$0.04
2011Summary only. Only limited summary data is available for this year.$1.43$0.13$1.30$0.10$0.07$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$599,563
Mission and Program Overview

Mission

The foundation was created to raise funds and distribute grants for civic betterment projects in the city of bancroft, iowa, which could not otherwise be funded by tax dollars due to budget constraints.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,257,599$2,867,286▲ $609,687
Rtn Earn Endowment Incm Other Fnds$2,395,263$2,646,039▲ $250,776
Cap Stk Tr Prin Current Funds$911,578$911,578→ $0
Cash and Non-Interest-Bearing Accounts$1,122,593$809,070▼ $313,523
Other Notes and Loans Receivable, Net$20,000$20,000→ $0
Investments Other Securities$66,649$235▼ $66,414
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,466,841$3,696,591▲ $229,750
Other Assets Total-$0-
Liabilities
Other Liabilities$160,000$138,974▼ $21,026
Total Liabilities$160,000$138,974▼ $21,026
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,306,841$3,557,617▲ $250,776
Total Liabilities and Net Assets / Fund Balance$3,466,841$3,696,591▲ $229,750

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,249,957$244,429$2,494,386
Buildings$565,229$515,342$1,080,571
Land$52,100-$52,100
Equipment-$3,959$3,959
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ellengray G KennedyPresident
Janice DieteringDirector
Ken LaubenthalDirector
Sandy TiggesDirector
Renee FunkeSecretary
Greg PenningTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$256,654
Program Service Revenue
$0
Investment Income
$90,998
Other Revenue
$-65,192
All Other Contributions
$249,469
Change in Net Assets
$250,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,084
Grants and Similar Amounts Paid$1,600
Total Fundraising Expense$730
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$3,974-$3,974
Other Expenses-$2,000-$2,000
All Other Expenses-$1,678-$1,678
Grants to Domestic Orgs$1,600--$1,600
Advertising--$730$730
Office Expenses-$122-$122
Total Functional Expenses$1,600$29,354$730$31,684
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lng Trm Liab (summit)$138,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

Copy reviewed by board before filing

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bancroft Community Foundation Inc
EIN
42-1468316
Phone
5152953565
Address
111 N DODGE ST, ALGONA, IA 50511

Signing Officer

Name
Greg Penning
Title
Treasurer
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Buchanan Bibler Gabor Meis
Address
111 North Dodge St, Algona, IA 50511
Preparer
Todd R Buchanan
Phone
5152953565
Raw XML AppendixShowing 400 of 402 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION WAS CREATED TO RAISE FUNDS AND DISTRIBUTE GRANTS FOR CIVIC BETTERMENT PROJECTS IN THE CITY OF BANCROFT, IOWA, WHICH COULD NOT OTHERWISE BE FUNDED BY TAX DOLLARS DUE TO BUDGET CONSTRAINTS.
IRS990/AdvertisingGrp/FundraisingAmt0730
IRS990/AdvertisingGrp/TotalAmt0730
IRS990/AllOtherContributionsAmt0249469
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01678
IRS990/AllOtherExpensesGrp/TotalAmt01678
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GREG PENNING
IRS990/BooksInCareOfDetail/PhoneNum05152959426
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 53
IRS990/BooksInCareOfDetail/USAddress/CityNm0BANCROFT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050517
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0911578
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0911578
IRS990/CashNonInterestBearingGrp/BOYAmt01122593
IRS990/CashNonInterestBearingGrp/EOYAmt0809070
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0256654
IRS990/CYGrantsAndSimilarPaidAmt01600
IRS990/CYInvestmentIncomeAmt090998
IRS990/CYOtherExpensesAmt030084
IRS990/CYOtherRevenueAmt0-65192
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0250776
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt031684
IRS990/CYTotalFundraisingExpenseAmt0730
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0282460
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE FOUNDATION MADE GRANTS TO SUPPORT BANCROFT PUBLIC LIBRARY ($800), BANCROFT CHAMBER OF COMMERCE ($800), TOTAL = $3,600. THOSE WERE ALL OF THE MONETARY GRANTS FOR THE FISCAL YEAR.THE FOUNDATION CONTINUED ITS LONG-TERM PROJECT TO PROVIDE A MEDICAL FACILITY TO THE COMMUNITY. IT ALSO PROCEEDED WITH A LONG TERM CIVIC IMPROVEMENT PROJECT OF RESTORATION OF A CITY BUILDING TO PROVIDE A NEEDED COMMUNITY BUSINESS OPPORTUNITY. MOST OF THE DONATIONS, RENT AND CAPITAL EXPENDITURES RELATED TO THESE PROJECTS, WHICH WERE NOT IN THE FORM OF DIRECT GRANTS. THE FOUNDATION BUILT AND OWNS THE MEDICAL CENTER, WHICH IS RENTED TO THE CITY AND THE AREA NONPROFIT HOSPITAL TO PROVIDE MEDICAL SERVICES TO RESIDENTS. RENTS RECEIVED FROM THOSE SOURCES ARE USED TO RETIRE CONSTRUCTION DEBT ON THE FACILITY AND TO PAY EXPENSES OF THE FACILITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01600
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0SANDY TIGGES
IRS990/Form990PartVIISectionAGrp/PersonNm1JANICE DIETERING
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN LAUBENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm3ELLENGRAY G KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm4RENEE FUNKE
IRS990/Form990PartVIISectionAGrp/PersonNm5GREG PENNING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt07185
IRS990/GainOrLossGrp/SecuritiesAmt09309
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01600
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01600
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01600
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0193530
IRS990/GrossReceiptsAmt0599563
IRS990/GrossRentsGrp/RealAmt067690
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt03974
IRS990/InterestGrp/TotalAmt03974
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt081689
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt081689
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt066649
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0235
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0763730
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02257599
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02867286
IRS990/LandBldgEquipCostOrOtherBssAmt03631016
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0184221
IRS990/LessRentalExpensesGrp/RealAmt0132882
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0THE FOUNDATION WAS CREATED TO RAISE FUNDS AND DISTRIBUTE GRANTS FOR CIVIC BETTERMENT PROJECTS IN THE CITY OF BANCROFT, IOWA, WHICH COULD NOT OTHERWISE BE FUNDED BY TAX DOLLARS DUE TO BUDGET CONSTRAINTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03306841
IRS990/NetAssetsOrFundBalancesEOYAmt03557617
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt09309
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09309
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-65192
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-65192
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0122
IRS990/OfficeExpensesGrp/TotalAmt0122
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3SCHOLARSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14917
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22365
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32000
IRS990/OtherExpensesGrp/TotalAmt014298
IRS990/OtherExpensesGrp/TotalAmt14917
IRS990/OtherExpensesGrp/TotalAmt22365
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherLiabilitiesGrp/BOYAmt0160000
IRS990/OtherLiabilitiesGrp/EOYAmt0138974
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020000
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/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAL CENTER RENT
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0230184
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0800
IRS990/PYInvestmentIncomeAmt021697
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0100077
IRS990/PYOtherRevenueAmt0-41663
IRS990/PYRevenuesLessExpensesAmt0109341
IRS990/PYTotalExpensesAmt0100877
IRS990/PYTotalRevenueAmt0210218
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0250776
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-65192
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02395263
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02646039
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0253027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0230184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0160708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01298284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02013892
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt081689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05318
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106550
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94980
IRS990ScheduleA/PublicSupportPY170Pct00.98340
IRS990ScheduleA/PublicSupportTotal170Amt02013892
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0253027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0230184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0160708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01298284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071689
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02013892
IRS990ScheduleA/TotalSupportAmt02120442
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/BuildingsGrp/BookValueAmt0565229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0515342
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01080571
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03959
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03959
IRS990ScheduleD/LandGrp/BookValueAmt052100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt052100
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02249957
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0244429
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02494386
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0138974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LNG TRM LIAB (SUMMIT)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02867286
IRS990ScheduleD/TotalLiabilityAmt0138974
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY REVIEWED BY BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03466841
IRS990/TotalAssetsEOYAmt03696591
IRS990/TotalAssetsGrp/BOYAmt03466841
IRS990/TotalAssetsGrp/EOYAmt03696591
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0256654
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0730
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029354
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01600
IRS990/TotalFunctionalExpensesGrp/TotalAmt031684
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0160000
IRS990/TotalLiabilitiesEOYAmt0138974
IRS990/TotalLiabilitiesGrp/BOYAmt0160000
IRS990/TotalLiabilitiesGrp/EOYAmt0138974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03306841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03557617
IRS990/TotalProgramServiceExpensesAmt01600
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt016497
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09309
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0282460
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03466841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03696591
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 N DODGE ST
IRS990/USAddress/CityNm0ALGONA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050511
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG PENNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BANCROFT COMMUNITY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BANC
ReturnHeader/Filer/EIN0421468316
ReturnHeader/Filer/PhoneNum05152953565
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 N DODGE ST
ReturnHeader/Filer/USAddress/CityNm0ALGONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420940126
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Buchanan Bibler Gabor Meis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 North Dodge St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152953565
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd R Buchanan
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-14T12:28:57-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.