Fennimore Area Foundation Inc
- Assets
- $434.9k
- Revenue
- $6.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fennimore, WI
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 20-0793092
Organization Overview
Fennimore Area Foundation Inc is located in Fennimore, WI. The organization was established in 2004. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fennimore Area Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fennimore Area Foundation Inc generated $6.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BETTERMENT OF LOCAL COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CITY WITH FUNDS TO MAINTAIN COMMUNITY SWIMMING POOL
PROVIDE FUNDS TO BUILD DOG PARK FENCE - 16,250.55
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ingeborg Froiland Director | OfficerTrustee | $0 | |
Joe Grimme President | OfficerTrustee | $0 | |
Samantha Goss Director | OfficerTrustee | $0 | |
Lindsay Jackson Director | OfficerTrustee | $0 | |
Jenna Govier Director | OfficerTrustee | $0 | |
Sally Rosemeyer Director | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,491 |
| Total Program Service Revenue | $1,173 |
| Investment income | $1,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,150 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $81 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,282 |
| Insurance | $0 |
| All other expenses | $1,651 |
| Total functional expenses | $35,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,532 |
| Savings and temporary cash investments | $132,905 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $72,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $434,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $434,875 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $434,875 |
Grants Awarded
Over the last fiscal year, Fennimore Area Foundation Inc has awarded $436,851 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF FENNIMORE PURPOSE: SUPPORT | $421,851 |
FENNIMORE COMMUNITY SCHOOLS PURPOSE: SUPPORT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fennimore Area Foundation Inc has recieved totaling $178.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $178 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
360 Communities Burnsville, MN | $3,339,233 | $6,729,234 |
Ontonagon County Rural Electrification Association Ontnagon, MI | $28,081,428 | $6,999,493 |
Metro Community Development Inc Flint, MI | $15,522,758 | $4,633,690 |
Commercial Club Of Chicago Chicago, IL | $3,716,814 | $4,161,715 |
Community Bankers Association Of Illinois Inc Springfield, IL | $6,623,230 | $3,824,328 |
Urban Homeworks Inc Minneapolis, MN | $14,877,768 | $4,422,020 |
Fifth Street Renaissance Springfield, IL | $4,994,855 | $3,310,939 |
Minnesota Housing Partnership Saint Paul, MN | $2,330,685 | $2,401,116 |
Bgc Nonprofit Housing Corporation Okemos, MI | $9,545,653 | $1,858,824 |
Jewish Community Relations Council Minnesota & The Dakotas Minneapolis, MN | $2,105,786 | $2,086,548 |
Metropolitan Mayors Caucus Chicago, IL | $783,756 | $1,433,740 |
Federation Of Zoroastrian Association Of North America Burr Ridge, IL | $3,259,684 | $1,211,655 |