Civic Intelligence

Hillsboro Community Foundation Inc.

990 • Fiscal year 2018 • EIN 93-0931059

Jul 01, 2017 to Jun 30, 2018 • Filed on May 02, 2019

P O Box 808Hillsboro, OR 97123-0808

(503) 648-1102

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

86th percentile

28%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

33%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,860,564

Up $412,061 (+28%) from 2017

Net Assets

Up

$1,859,821

Up $419,559 (+29%) from 2017

Liabilities

Down

$743

Down $7,498 (-91%) from 2017

Revenue

Up

$847,328

Up $212,013 (+33%) from 2017

Expenses

Up

$518,770

Up $354,562 (+216%) from 2017

Net Income

Down

$328,558

Down $142,549 (-30%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $93,454Liabilities 2011: $02011Assets 2012: $84,652Liabilities 2012: $02012Assets 2013: $94,253Liabilities 2013: $2,4812013Assets 2014: $160,682Liabilities 2014: $02014Assets 2015: $482,750Liabilities 2015: $4,5832015Assets 2017: $1,448,503Liabilities 2017: $8,241Net Assets 2017: $1,440,2622017Assets 2018: $1,860,564Liabilities 2018: $743Net Assets 2018: $1,859,8212018Assets 2019: $2,331,824Liabilities 2019: $6,693Net Assets 2019: $2,325,1312019Assets 2020: $3,500,820Liabilities 2020: $5,000Net Assets 2020: $3,495,8202020Assets 2021: $4,763,227Liabilities 2021: $573Net Assets 2021: $4,762,6542021Assets 2022: $4,930,335Liabilities 2022: $3,385Net Assets 2022: $4,926,9502022Assets 2023: $5,648,608Liabilities 2023: $2,068Net Assets 2023: $5,646,5402023Assets 2024: $6,298,607Liabilities 2024: $759Net Assets 2024: $6,297,8482024

Highlighted filing

2018

Assets$1,860,564
Liabilities$743
Net Assets$1,859,821

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $72,213Expenses 2011: $67,138Net Income 2011: $5,0752011Revenue 2012: $117,006Expenses 2012: $124,237Net Income 2012: -$7,2312012Revenue 2013: $214,377Expenses 2013: $210,112Net Income 2013: $4,2652013Revenue 2014: $176,196Expenses 2014: $113,603Net Income 2014: $62,5932014Revenue 2015: $184,607Expenses 2015: $72,953Net Income 2015: $111,6542015Revenue 2017: $635,315Expenses 2017: $164,208Net Income 2017: $471,1072017Revenue 2018: $847,328Expenses 2018: $518,770Net Income 2018: $328,5582018Revenue 2019: $704,649Expenses 2019: $239,339Net Income 2019: $465,3102019Revenue 2020: $1,659,588Expenses 2020: $488,899Net Income 2020: $1,170,6892020Revenue 2021: $1,677,074Expenses 2021: $410,240Net Income 2021: $1,266,8342021Revenue 2022: $1,018,338Expenses 2022: $583,757Net Income 2022: $434,5812022Revenue 2023: $982,698Expenses 2023: $486,859Net Income 2023: $495,8392023Revenue 2024: $1,085,536Expenses 2024: $881,807Net Income 2024: $203,7292024

Highlighted filing

2018

Revenue$847,328
Expenses$518,770
Net Income$328,558
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 2, 2019
Return Version
2017v2.2
Gross Receipts
$880,941
Mission and Program Overview

Mission

The Hillsoro Community Foundation enhances the livability and quality of life in our community by promoting and facilitating charitable giving to address local needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$440,677$329,681▼ $110,996
Investments in Publicly Traded Securities$66,348$68,477▲ $2,129
Cash and Non-Interest-Bearing Accounts$44,643--
Total Assets$1,448,503$1,860,564▲ $412,061
Other Assets Total$896,835$1,462,406▲ $565,571
Liabilities
Accounts Payable and Accrued Expenses$8,241$743▼ $7,498
Total Liabilities$8,241$743▼ $7,498
Net Assets / Fund Balance
Permanently Rstr Net Assets$952,773$1,550,603▲ $597,830
Temporarily Rstr Net Assets$417,466$213,016▼ $204,450
Unrestricted Net Assets$70,023$96,202▲ $26,179
Total Net Assets Fund Balance$1,440,262$1,859,821▲ $419,559
Total Liabilities and Net Assets / Fund Balance$1,448,503$1,860,564▲ $412,061

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,462,406--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$896,835$484,570▲ $101,108-$1,462,406
2016$539,186$281,000▲ $87,555-$896,835
2015$239,195$299,500▲ $3,490-$539,186
2014-$240,000▲ $390-$239,195
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott EisensteinPast President
Fred JohnsonPresident
Deanna PalmPresident Elect
Dick StensonDirector
Funda KelsayDirector
Jeff Van RadenDirector
Jerralynn NessDirector
Les DavisDirector
Ralph HelzermanDirector
Rick Van BeverenDirector
Tom HughesDirector
Mary OrdalSecretary
Jerry WilleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$804,941
Program Service Revenue
$0
Investment Income
$4,115
Other Revenue
$38,272
All Other Contributions
$744,941
Change in Net Assets
$328,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$421,850
Other Expenses$96,920
Total Fundraising Expense$6,840
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$421,850--$421,850
Fees for Services Management$25,000$25,000$6,667$56,667
Fees for Services Accounting-$5,930-$5,930
Conferences and Meetings$2,843$2,503-$5,346
Advertising$3,337--$3,337
Office Expenses$660$660-$1,320
Insurance-$938-$938
Fees for Services Other-$631-$631
Information Technology$173$173$173$519
Other Expenses$21,328$410-$410
Total Functional Expenses$475,191$36,739$6,840$518,770
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hillsboro School DistrictHillsboro, OR-Education$300,000
Hillsboro ParksRecreationHillsboro, OR-Community recreation$12,000
Positive Coaching AllianceMountain View, CA-Youth Sports training$10,000
Tuality Healthcare FoundationHillsboro, OR-Healthcare$10,000
KaBoomWashington, DC-Playground for Kids$8,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$50,557
Gaming Direct Expenses$33,613
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 governing body review Part VI line 11

The completed Form 990 is reviewed by the Executive Committee and then distributed to all Board members for final review.

Conflict of interest policy compliance Part VI line 12C

Each year Board members are required to sign a conflict of interest statement. They are then expected to notify the Board President if a conflict of interest arises during the year.

Governing documents etc available to public Part VI line 19

Forms and documents that are available for public inspection should be requested by phone in a timely manner.

Filing and Contact Details

Filer

Filer Name
The Hillsboro Community Foundation
EIN
93-0931059
Address
P O Box 808, Hillsboro, OR 97123-0808

Signing Officer

Name
Deanna Palm
Title
President
Phone
5036481102
Signed
2019-05-02
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Or
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Alyce L Dawes
Address
70 SW Century Drive Suite 100-125, Bend, OR 97702
Preparer
Alyce L Dawes
Phone
5032018245
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Change in Beneficial interest in OCF

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IRS990/OtherExpensesGrp/TotalAmt2410
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/Desc0Fund management fees
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IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Awarded six (6) scholarships amounting to $14,500 to Hillsboro high school graduates for higher education at non-profit colleges and universities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029500
IRS990/ProgSrvcAccomActy2Grp/GrantAmt014500
IRS990/ProgSrvcAccomActy3Grp/Desc0Conducted and participated in community outreach activities to raise awareness about the importance of giving with financial support and by volunteering, and to connect people with charitable causes they care about.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt013341
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0604177
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IRS990/PYInvestmentIncomeAmt07309
IRS990/PYOtherExpensesAmt075378
IRS990/PYOtherRevenueAmt023829
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IRS990/PYTotalExpensesAmt0164208
IRS990/PYTotalRevenueAmt0635315
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IRS990/ReconcilationRevenueExpnssAmt0328558
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0440677
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0329681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0804941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0604177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0514980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0180706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02281289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04115
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04696
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02287
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01614
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0484570
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IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0101108
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05906
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0539186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0281000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0896835
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt05000
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02999
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
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IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt016516
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt016516
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt033613
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt050557
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt050557
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt016944
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt017097
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IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0Janel McKenna
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IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO Box 808
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Hillsboro
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0OR
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd0971230808
IRS990ScheduleG/StatesWhereGamingConductedCd0OR
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IRS990ScheduleI/RecipientTable/CashGrantAmt0300000
IRS990ScheduleI/RecipientTable/CashGrantAmt112000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt48500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Education
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Community recreation
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Healthcare
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Youth Sports training
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Playground for Kids
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Hillsboro School District
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Hillsboro ParksRecreation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Tuality Healthcare Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Positive Coaching Alliance
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4KaBoom
IRS990ScheduleI/RecipientTable/RecipientEIN0936001837
IRS990ScheduleI/RecipientTable/RecipientEIN1936002183
IRS990ScheduleI/RecipientTable/RecipientEIN2930751507
IRS990ScheduleI/RecipientTable/RecipientEIN3770485946

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