Civic Intelligence

Morland Community Foundation Inc.

990 • Fiscal year 2020 • EIN 48-1140372

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Box 44 507 W MainMorland, KS 67650

(785) 627-3165

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$885,637

Up $21,606 (+2.5%) from 2019

Net Assets

Up

$883,969

Up $20,957 (+2.4%) from 2019

Liabilities

Up

$1,668

Up $649 (+64%) from 2019

Revenue

Up

$134,157

Up $42,146 (+46%) from 2019

Expenses

Up

$113,200

Up $17,630 (+18%) from 2019

Net Income

Up

$20,957

Up $24,516 (+689%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $761,791Liabilities 2011: $11,856Net Assets 2011: $749,9352011Assets 2012: $823,477Liabilities 2012: $8,286Net Assets 2012: $815,1912012Assets 2013: $880,905Liabilities 2013: $0Net Assets 2013: $880,9052013Assets 2014: $838,417Liabilities 2014: $8,187Net Assets 2014: $830,2302014Assets 2015: $902,598Liabilities 2015: $9,534Net Assets 2015: $893,0642015Assets 2016: $822,846Liabilities 2016: $1,000Net Assets 2016: $821,8462016Assets 2017: $903,751Liabilities 2017: $1,618Net Assets 2017: $902,1332017Assets 2018: $869,378Liabilities 2018: $2,807Net Assets 2018: $866,5712018Assets 2019: $864,031Liabilities 2019: $1,019Net Assets 2019: $863,0122019Assets 2020: $885,637Liabilities 2020: $1,668Net Assets 2020: $883,9692020Assets 2021: $856,868Liabilities 2021: $1,619Net Assets 2021: $855,2492021Assets 2022: $757,715Liabilities 2022: $1,570Net Assets 2022: $756,1452022Assets 2023: $764,256Liabilities 2023: $946Net Assets 2023: $763,3102023Assets 2024: $792,227Liabilities 2024: $309Net Assets 2024: $791,9182024

Highlighted filing

2020

Assets$885,637
Liabilities$1,668
Net Assets$883,969

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $53,8222011Expenses 2012: $29,2972012Revenue 2013: $113,660Expenses 2013: $47,946Net Income 2013: $65,7142013Revenue 2014: $33,407Expenses 2014: $84,082Net Income 2014: -$50,6752014Revenue 2015: $144,312Expenses 2015: $81,478Net Income 2015: $62,8342015Revenue 2016: $49,620Expenses 2016: $120,838Net Income 2016: -$71,2182016Revenue 2017: $173,350Expenses 2017: $93,063Net Income 2017: $80,2872017Revenue 2018: $77,852Expenses 2018: $113,414Net Income 2018: -$35,5622018Revenue 2019: $92,011Expenses 2019: $95,570Net Income 2019: -$3,5592019Revenue 2020: $134,157Expenses 2020: $113,200Net Income 2020: $20,9572020Revenue 2021: $111,647Expenses 2021: $140,367Net Income 2021: -$28,7202021Revenue 2022: $86,654Expenses 2022: $122,047Net Income 2022: -$35,3932022Revenue 2023: $142,309Expenses 2023: $135,144Net Income 2023: $7,1652023Revenue 2024: $191,153Expenses 2024: $162,545Net Income 2024: $28,6082024

Highlighted filing

2020

Revenue$134,157
Expenses$113,200
Net Income$20,957
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$305,022
Mission and Program Overview

Mission

Promote the social welfare of the community and enhance the quality of life for the citizens of the morland community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$863,012$883,969▲ $20,957
Savings and Temporary Cash Investments$742,777$719,645▼ $23,132
Land, Buildings, and Equipment, Net$101,454$146,192▲ $44,738
Inventories for Sale or Use$19,800$19,800→ $0
Cash and Non-Interest-Bearing Accounts-$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 Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$864,031$885,637▲ $21,606
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,019$1,667▲ $648
Other Liabilities-$1-
Total Liabilities$1,019$1,668▲ $649
Net Assets / Fund Balance
Total Net Assets Fund Balance$863,012$883,969▲ $20,957
Total Liabilities and Net Assets / Fund Balance$864,031$885,637▲ $21,606

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$98,264$21,462$119,726
Equipment$22,808$47,127$69,935
Other Land Buildings$24,620$28,351$52,971
Land$500-$500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike FrakesPresident
Rhonda GoddardVice President
Alex LeslieDirector
Gerry TollDirector
Winnie KingsburyDirector
Diana CrouchSecretary
Donna LeslieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,540
Program Service Revenue
$0
Investment Income
$14,753
Other Revenue
$60,864
All Other Contributions
$58,540
Change in Net Assets
$20,957

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial1$58,540
Total Noncash Contributions1$58,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,045
Salaries, Compensation, and Employee Benefits$48,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$44,031$975-$45,006
Insurance$828$19,284-$20,112
Depreciation Depletion$9,289--$9,289
Occupancy$3,304$1,416-$4,720
Payroll Taxes$3,095$54-$3,149
Other Expenses$1,863$3,345-$1,863
Fees for Services Accounting$830--$830
All Other Expenses$191$248-$439
Advertising$150--$150
Fees for Services Legal$38--$38
Total Functional Expenses$87,878$25,322$0$113,200
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
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Mike frakes and donna leslie are brother and sister-in-law. Alex leslie and donna leslie are husband and wife. Winnie kingsbury and diana crouch are sister-in-laws. In a small community it is hard not to have business and/or family relationships serving together on committies/boards.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Upon payment of a lifetime membership, a person or entity becomes a member of the foundation.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members elect the directors.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Changes to the articles of incorporation require the vote of the members.

Form 990, Part VI, Line 11B: Form 990 Review Process

Upon receipt of the form 990, a special board meeting is held and the form 990 is reviewed and approved.

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

THE CONFLICT OF INTEREST POLICY IS ENFORCED ACCORDING TO THE PRODECURES OF THE POLICY AS NOTED IN THE FOLLOWING: Procedures for Addressing the Conflict of Interest The following procedures shall be followed. a. An interested person may make a presentation at a meeting of the board of directors or committee of the board of directors, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. b. The chairperson of the board of directors or committee of the board of directors shall, if appropriate, appoint a disinterested person or committee of the board of directors to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the board of directors or committee of the board of directors shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee of the board of directors shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

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

The annual report is mailed to the membership and is also made available at the annual meeting. Information is also made available to the pubic upon verbal or written request.

Filing and Contact Details

Filer

Filer Name
Morland Community Foundation Inc
EIN
48-1140372
Phone
7856273165
Address
BOX 44 507 W MAIN, MORLAND, KS 67650

Signing Officer

Name
Diana Crouch
Title
Secretary
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Frakes
Formed
1994
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
7

Preparer

Firm
Mapes & Miller LLP
Address
711 3rd Street, Phillipsburg, KS 67661
Preparer
Denis W Miller CPA
Phone
7855436561
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01381
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01381
IRS990/OtherRevenueTotalAmt01381
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0975
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt044031
IRS990/OtherSalariesAndWagesGrp/TotalAmt045006
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt054
IRS990/PayrollTaxesGrp/ProgramServicesAmt03095
IRS990/PayrollTaxesGrp/TotalAmt03149
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MIKE FRAKES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PRESERVATION AND PROMOTION OF HISTORICAL BUILDINGS AND SITES.THE CITY OF MORLAND ORIGINALLY NAMED FREMONT FOR JOHN C FREMONT (THE PATHFINDER) WAS INCORPORATED IN 1878. MORLAND AND THE SURROUNDING AREA ARE RICH IN THEIR HISTORICAL SITES, BOTH MAN-MADE AND NATURAL. MCF IS ACTIVE IN ITS SUPPORT OR PROVISIONS OF THE FOLLOWING SITES:1. MORLAND BANK BUILDING (NOW A MUSEUM)(CIRCA 1924).2. STUDLEY (TRADITIONAL ENGLISH EPISCOPAL AND METHODIST) CHURCH (CIRCA 1910).3. PALEANTOLOGICAL SITE (7,000,000 YEARS OLD).4. ANTELOPE LAKE (CIRCA 1937) A WPA PROJECT.5. PENOKEE STONE MAN (CIRCA 1500) AN ARCHAEOLOGICAL SITE.6. PENOKEE GREEN STONE QUARRY (REFERRED TO AS KANSAS OPAL).7. COTTONWOOD RANCH-A STATE HISTORIC SITE (CIRCA LATE 19TH CENTURY).THE AFOREMENTIONED SITES RECEIVE MCF'S ONGOING FINANCIAL SUPPORT AND MEMBER VOLUNTEERSISM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05167
IRS990/ProgSrvcAccomActy3Grp/Desc0HERITAGE AND CULTURE PRESERVATION--HAND-IN-HAND WITH THE PRESERVATION OF THE HISTORICAL BUILDINGS AND SITES, IS THE HERITAGE AND CULTURAL PRESERVATION OF MORLAND AND THE SURROUNDING COMMUNITY. AS WITH THE REST OF WESTERN KANSAS, INTERTWINED ARE THE VARIOUS INDIAN CULTURES (PALEO TO PRESENT) AND THE ADVENTURED/EXPANSIONIST OF THE WEST (MOUNTAIN MAN TO SETTLORS). SUPPORT BY MCF THROUGH EDUCATION IS PRIMARY AND ON-GOING. EDUCATION TO THE GENERAL PUBLIC IS IN THE FORM OF ARCHAELOGICAL AND PALEONTOLOGY DIGS, HISTORICAL SEMINARS, AND EDUCATIONAL LECTURES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0170
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt036110
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt014500
IRS990/PYInvestmentIncomeAmt010961
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt037704
IRS990/PYOtherRevenueAmt044940
IRS990/PYRevenuesLessExpensesAmt0-3559
IRS990/PYSalariesCompEmpBnftPaidAmt043366
IRS990/PYTotalExpensesAmt095570
IRS990/PYTotalRevenueAmt092011
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt020957
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0180
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0863012
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0883969
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0742777
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0719645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt091194
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010962
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06733
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02668
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038694
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01303
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0265
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0625
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02262
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0925
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05380
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.16920
IRS990ScheduleA/PublicSupportPY170Pct00.22850
IRS990ScheduleA/PublicSupportTotal170Amt022884
IRS990ScheduleA/SubstantialContributorsTotAmt068310
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0801
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt091194
IRS990ScheduleA/TotalSupportAmt0135268
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/BookValueAmt098264
IRS990ScheduleD/BuildingsGrp/DepreciationAmt021462
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0119726
IRS990ScheduleD/EquipmentGrp/BookValueAmt022808
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047127
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069935
IRS990ScheduleD/LandGrp/BookValueAmt0500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024620
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028351
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0146192
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt058540
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MIKE FRAKES AND DONNA LESLIE ARE BROTHER AND SISTER-IN-LAW. ALEX LESLIE AND DONNA LESLIE ARE HUSBAND AND WIFE. WINNIE KINGSBURY AND DIANA CROUCH ARE SISTER-IN-LAWS. IN A SMALL COMMUNITY IT IS HARD NOT TO HAVE BUSINESS AND/OR FAMILY RELATIONSHIPS SERVING TOGETHER ON COMMITTIES/BOARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON PAYMENT OF A LIFETIME MEMBERSHIP, A PERSON OR ENTITY BECOMES A MEMBER OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGES TO THE ARTICLES OF INCORPORATION REQUIRE THE VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON RECEIPT OF THE FORM 990, A SPECIAL BOARD MEETING IS HELD AND THE FORM 990 IS REVIEWED AND APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS ENFORCED ACCORDING TO THE PRODECURES OF THE POLICY AS NOTED IN THE FOLLOWING: Procedures for Addressing the Conflict of Interest The following procedures shall be followed. a. An interested person may make a presentation at a meeting of the board of directors or committee of the board of directors, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. b. The chairperson of the board of directors or committee of the board of directors shall, if appropriate, appoint a disinterested person or committee of the board of directors to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the board of directors or committee of the board of directors shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee of the board of directors shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ANNUAL REPORT IS MAILED TO THE MEMBERSHIP AND IS ALSO MADE AVAILABLE AT THE ANNUAL MEETING. INFORMATION IS ALSO MADE AVAILABLE TO THE PUBIC UPON VERBAL OR WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0864031
IRS990/TotalAssetsEOYAmt0885637
IRS990/TotalAssetsGrp/BOYAmt0864031
IRS990/TotalAssetsGrp/EOYAmt0885637
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt058540
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025322
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087878
IRS990/TotalFunctionalExpensesGrp/TotalAmt0113200
IRS990/TotalGrossUBIAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.92$0.00$7.92$1.91$1.63$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.64$0.01$7.63$1.42$1.35$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$0.02$7.56$0.87$1.22$0.35
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.57$0.02$8.55$1.12$1.40$0.29
2020Detailed filing. Detailed filing data is available for this year.$8.86$0.02$8.84$1.34$1.13$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.64$0.01$8.63$0.92$0.96$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$0.03$8.67$0.78$1.13$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.04$0.02$9.02$1.73$0.93$0.80
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$0.01$8.22$0.50$1.21$0.71
2015Detailed filing. Detailed filing data is available for this year.$9.03$0.10$8.93$1.44$0.81$0.63
2014Detailed filing. Detailed filing data is available for this year.$8.38$0.08$8.30$0.33$0.84$0.51
2013Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$1.14$0.48$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$0.08$8.15$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.62$0.12$7.50$0.54