Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990 • Fiscal year 2023 • EIN 47-0785730
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Up$1,478,934
Up $447,250 (+43%) from 2022
Net Assets
$1,100,233
No earlier filing loaded for comparison.
Liabilities
Up$378,701
Up $378,700 (+37870000%) from 2022
Revenue
Down$32,117
Down $14,909 (-32%) from 2022
Expenses
Down$38,340
Down $18,862 (-33%) from 2022
Net Income
Up-$6,223
Up $3,953 (+39%) from 2022
NONE
To provide a fiscal intermediary that might direct scholarships for the franklin public schools.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,332,207 | $1,380,679 | ▲ $48,472 |
| Cash and Non-Interest-Bearing Accounts | $70,413 | $98,255 | ▲ $27,842 |
| Total Assets | $1,402,620 | $1,478,934 | ▲ $76,314 |
| Liabilities | |||
| Other Liabilities | $370,936 | $378,701 | ▲ $7,765 |
| Total Liabilities | $370,936 | $378,701 | ▲ $7,765 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $984,083 | $1,046,021 | ▲ $61,938 |
| Net Assets Without Donor Restrictions | $47,601 | $54,212 | ▲ $6,611 |
| Total Net Assets Fund Balance | $1,031,684 | $1,100,233 | ▲ $68,549 |
| Total Liabilities and Net Assets / Fund Balance | $1,402,620 | $1,478,934 | ▲ $76,314 |
| Name | Title |
|---|---|
| Jerrell Gerdes | President |
| Kim Grams | Director |
| Shelley Kahrs | Director |
| Bernie Stratman | Director (from Aug) |
| Wayne Hinrich | Secretary (thru July) |
| Tom Moore | Treasurer |
| Stuart Wilsman | VP |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $21,176 |
| Other Expenses | $17,164 |
| Total Fundraising Expense | $747 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $21,176 | - | - | $21,176 |
| Fees for Services Legal | - | $7,380 | - | $7,380 |
| Fees for Service Investment Mgmnt Fees | - | $5,595 | - | $5,595 |
| Fees for Services Accounting | - | $2,095 | - | $2,095 |
| Fees for Services Other | - | $700 | $300 | $1,000 |
| Advertising | - | - | $311 | $311 |
| Conferences and Meetings | - | - | $136 | $136 |
| Other Expenses | - | $100 | - | $100 |
| Office Expenses | - | $47 | - | $47 |
| Total Functional Expenses | $21,176 | $16,417 | $747 | $38,340 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Beneficiaries | $378,701 |
“All members have the same voting rights.”
“The bylaws have made provision for an executive committee, but one has not been created.”
“Jerrell gerdes and shelley kahrs have a family relationship.”
“Membership in the corporation is open to all persons who shall contribute $100.00 or more in unrestricted funds to the corporation. Each member is entitled to one vote on all issues which may come before the membership.”
“The foundation does not have committees with authority to act on behalf of the governing body.”
“The president will review completed form 990 and provide a final draft to the governing board before filing.”
“The organization does not compensate any individuals.”
“The organization makes its governing documents and financial statements available to the public upon request.”
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/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE A FISCAL INTERMEDIARY THAT MIGHT DIRECT SCHOLARSHIPS FOR THE FRANKLIN PUBLIC SCHOOLS. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 311 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 311 |
| IRS990/AllOtherContributionsAmt | 0 | 6315 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FRANKLIN COUNTY COMMUNITY FOUNDATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3084256215 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 216 18TH AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FRANKLIN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 68939 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 70413 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 98255 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 136 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 136 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6315 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 21176 |
| IRS990/CYInvestmentIncomeAmt | 0 | 25802 |
| IRS990/CYOtherExpensesAmt | 0 | 17164 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -6223 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 38340 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 747 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 32117 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE FOUNDATION ADMINISTERS SCHOLARSHIPS ESTABLISHED BY LOCAL CITIZENS TO PROVIDE FINANCIAL SUPPORT TO BOTH GRADUATING HIGH SCHOOL STUDENTS AND NONTRADITIONAL STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 984083 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1046021 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 21176 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2095 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2095 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 7380 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7380 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 300 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 700 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1000 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 5595 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 5595 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.35 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.55 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.35 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.55 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JERRELL GERDES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | STUART WILSMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TOM MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WAYNE HINRICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KIM GRAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SHELLEY KAHRS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BERNIE STRATMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY (THRU JULY) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR (FROM AUG) |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1994 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -4573 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantAmt | 0 | 21176 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 21176 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 21176 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 36690 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 30375 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 30375 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 1332207 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1380679 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NE |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 4573 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | NONE |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1031684 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1100233 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -4573 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -4573 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 74772 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 47601 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 54212 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 47 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 47 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | INSURANCE BOND |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 500 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 100 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 500 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 100 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 370936 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 378701 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JERRELL GERDES |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 0 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 0 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -6223 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | FRANKLIN COUNTY COMMUNITY FOUNDATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITING CONTRIBUTIONS AND CARRIES ON ACTIVITIES DESIGNED TO ATTRACT SUPPORT FROM THE GENERAL PUBLIC. MORE THAN 10% OF THE ORGANIZATION'S SUPPORT COMES FROM THE PUBLIC. THE ORGANIZATION IS FOCUSED ON GETTING CONTRIBUTIONS FROM A BROADER BASE OF DONORS.THE ORGANIZATION'S GOVERNING BODY REPRESENTS THE BROAD INTEREST OF THE PUBLIC AND INCLUDES TWO BOARD MEMBERS WHO HAVE PARTICIPATED ON THE BOARD SINCE 1994. THE BOARD IS COMPRISED OF PEOPLE FROM DIVERSE BACKGROUNDS AND UNIQUE EXPERTISE IN HOSPITAL ADMINISTRATION, NURSING HOME ADMINISTRATION, FARMING, BANKING, AND PUBLIC SCHOOL ADMINISTRATION.FRANKLIN COUNTY COMMUNITY FOUNDATION MAINTAINS A DEFINITIVE PROGRAM TO ACCOMPLISH ITS CHARITABLE WORK, BY FOCUSING ON BUILDING PERMANENT RELATIONSHIPS WITH BOTH DONORS AND CHARITABLE ENTITIES TO PROVIDE GRANTS AND SCHOLARSHIPS TO THE LOCAL COMMUNITY.FRANKLIN COUNTY COMMUNITY FOUNDATION PROVIDES SERVICES THAT DIRECTLY BENEFIT THE GENERAL PUBLIC ON A CONTINUOUS BASIS. THEY PROVIDE A VEHICLE FOR LOCAL CITIZENS FROM EVERY WALK OF LIFE, REGARDLESS OF INCOME, TO GIVE DONATIONS TO PROVIDE FINANCIAL SUPPORT TO BOTH GRADUATING HIGH SCHOOL STUDENTS AND NONTRADITIONAL STUDENTS. THEY MANAGE MORE THAN 165 ENDOWED FUNDS THAT PROVIDE FUNDING FOR THE BETTERMENT OF FRANKLIN COUNTY AND ITS RESIDENTS.MEMBERS OF THE PUBLIC THAT HAVE SPECIAL KNOWLEDGE OR EXPERTISE, CIVIC AND COMMUNITY LEADERS PARTICIPATE IN OR SPONSOR PROGRAMS OF THE ORGANIZATION. THESE INCLUDE THE FRANKLIN COUNTY ATTORNEY, WHO VOLUNTEERS LEGAL SERVICES FOR THE FOUNDATION AND THE HEAD AUDITOR FOR SOUTH CENTRAL STATE BANK, WHO PROVIDES BOOKKEEPING SERVICES FOR THE FOUNDATION. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 6315 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7800 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6780 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 20895 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 30374 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26460 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23945 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23431 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 24431 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 128641 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.13970 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.21990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 20895 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6315 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6780 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 20895 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 149536 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 378701 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO BENEFICIARIES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 378701 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 21176 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 18 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION DETERMINES IF THE SCHOLARSHIP REQUIREMENTS ARE MET AND PAYS THE SCHOLARSHIP FUNDS DIRECTLY TO THE COLLEGE, UNIVERSITY, OR TRADE SCHOOL. NO FURTHER MONITORING IS CONSIDERED NECESSARY. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ALL MEMBERS HAVE THE SAME VOTING RIGHTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BYLAWS HAVE MADE PROVISION FOR AN EXECUTIVE COMMITTEE, BUT ONE HAS NOT BEEN CREATED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | JERRELL GERDES AND SHELLEY KAHRS HAVE A FAMILY RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEMBERSHIP IN THE CORPORATION IS OPEN TO ALL PERSONS WHO SHALL CONTRIBUTE $100.00 OR MORE IN UNRESTRICTED FUNDS TO THE CORPORATION. EACH MEMBER IS ENTITLED TO ONE VOTE ON ALL ISSUES WHICH MAY COME BEFORE THE MEMBERSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FOUNDATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PRESIDENT WILL REVIEW COMPLETED FORM 990 AND PROVIDE A FINAL DRAFT TO THE GOVERNING BOARD BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NE |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 1478934 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1402620 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1478934 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 6315 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 747 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 16417 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 21176 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 38340 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 370936 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 378701 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 370936 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 378701 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1031684 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1100233 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 21176 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 30375 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | -4573 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 32117 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 7 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1402620 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1478934 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 173 |
| IRS990/USAddress/CityNm | 0 | FRANKLIN |
| IRS990/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990/USAddress/ZIPCd | 0 | 68939 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | HTTPS://FCCFIN.ORG/ |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JERRELL GERDES |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3084256215 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FRANKLIN COUNTY COMMUNITY FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRAN |
| ReturnHeader/Filer/EIN | 0 | 470785730 |
| ReturnHeader/Filer/PhoneNum | 0 | 3084256215 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 173 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKLIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NE |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 68939 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450250958 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | EIDE BAILLY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 800 NICOLLET MALL STE 1300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 554027033 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6122536500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIM HUNWARDSEN CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-22T09:38:07-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.