Community Foundation Of Carroll County
- Assets
- $1.9m
- Revenue
- $537.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Carroll, IA
- Founding
- 10/2004
- Data as of
- 06/2023
- EIN
- 20-1413585
Organization Overview
Community Foundation Of Carroll County is located in Carroll, IA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Carroll County 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 06/2023, Community Foundation Of Carroll County generated $537.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $402.9k during the year ending 06/2023. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Carroll County has awarded 144 individual grants totaling $2,100,944. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO ADMINISTER VARIOUS CHARITABLE FUNDS, INCLUDING FUNDS RECEIVED FROM THE STATE OF IOWA TO BE USED FOR THE BENEFIT OF THE CITIZENS OF CARROLL AND SAC COUNTIES. THE ORGANIZATION ADMINISTERS AND GROWS VARIOUS 501(C)(3) ENDOWMENT FUNDS, INCLUDING THOSE ENDOWMENT FUNDS CREATED FOR EACH COUNTY UNDER STATE STATUTE, FOR THE BENEFIT OF IOWA CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DIRECTLY ADMINISTERS MULTIPLE FUNDS, INCLUDING SEVEN ENDOWMENT FUNDS, ACCORDING TO THE FEDERAL AND STATE REQUIREMENTS, AND THE NATIONAL STANDARDS FOR COMMUNITY FOUNDATIONS. THE MAJORITY OF THE DIRECT SUPPORT FOR THE ORGANIZATION IS RECEIVED FROM THE STATE OF IOWA, CURRENTLY FOR THE BENEFIT OF CARROLL COUNTY AND SAC COUNTY. OF THOSE FUNDS, 25% ARE REQUIRED TO BE PLACED IN PERMANENT ENDOWMENTS FOR THE BENEFIT OF THE CITIZENS OF CARROLL COUNTY AND SAC COUNTY. THE REMAINING FUNDS FROM THE STATE ARE TO BE USED FOR THE PUBLIC BENEFIT OF EACH COUNTY TO ENHANCE THE CULTURAL, EDUCATIONAL, AND RECREATIONAL OPPORTUNITIES, AS WELL AS FOR THE PUBLIC HEALTH AND SAFETY OF LOCAL COMMUNITIES AND OTHER COMMUNITY OPPORTUNITIES. THE ORGANIZATION WILL ONLY PROVIDE GRANTS TO QUALIFIED PROJECTS MEETING THE CHARITABLE OBJECTIVES TO BENEFIT COMMUNITY CITIZENS AND TO GOVERNMENTAL ORGANIZATIONS OR THOSE RECOGNIZED AS ELIGIBLE CHARITABLE ORGANIZATIONS UNDER 26 U.S.C. 501(C)(3) OR THOSE SIMILARLY QUALIFIED. SIMILARLY, THE ORGANIZATION ADMINISTERS ITS OTHER FUNDS TO MEET THEIR STATED FUNCTIONS, UNDER THE ORGANIZATION'S GOVERNING CRITERIA.DURING THE CURRENT YEAR THE ORGANIZATION AWARDED 33 GRANTS FOR THE FOLLOWING TYPES OF PROJECTS: REPLACING BUNKER GEAR FOR FIRE DEPARTMENT, REMODELING A TODDLER ROOM FOR A DAYCARE, OUTDOOR PLAY STRUCTURES FOR A DAYCARE, SEATING AND SAFETY UPGRADES TO LOCAL BASEBALL STADIUM, CROSS COUNTRY SKIS, CAMPERSHIPS FOR CHILDREN SUFFERING FROM CANCER, REHABILIATION OF A PUBLIC SPORT COURT, REPLACING CHAIRS AT AQUATIC CENTER, BALL PARK IMPROVEMENTS, CONCESSION STANDS AND BLEACHERS, NEW PLAYGROUND EQUIPMENT, INFANT STROLLERS, AWNING AND FURNACE FOR SHELTHER HOUSE, BARRIER FREE LIFTS, BOOKS FOR YOUNG CHILDREN, REPAIRS TO CITY HALL AND TO COMMUNITY CENTER, POOL RENOVATION, CONSTRUCTION OF A VETERANS MEMORIAL, LIBRARY IMPROVEMENTS, CITY ENTRANCE SIGNS, 100 YEAR REVITALIZATION PROJECT, CHAIN LINK FENCE FOR BALL FIELD, NEW VILLAGE PROJECT FOR HISTORICAL SOCIETY, REPAIRING ROOF OF HISTORIC HAUSBARN AND TRAIN, ART PROJECTS, AND GENERAL EDUCATION SUPPORT FOR PUBLIC SCHOOL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Tonniges President & CEO | Trustee | 0 | $0 |
Brian Johnson Director | Trustee | 0 | $0 |
Charles Nixon Director | Trustee | 0 | $0 |
Jon Heim Director | Trustee | 0 | $0 |
Jessica Morton Vice President | Trustee | 0 | $0 |
Gina Badding Secretary | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $454,340 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,435 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,775 |
| Total Program Service Revenue | $0 |
| Investment income | $38,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$62,331 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,859 |
| Grants and other assistance to domestic individuals. | $400 |
| 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 | $18,106 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,636 |
| Fees for services: Lobbying | $723 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,316 |
| Fees for services: Other | $0 |
| Advertising and promotion | $382 |
| 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 | $0 |
| Insurance | $821 |
| All other expenses | $0 |
| Total functional expenses | $402,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $397,744 |
| 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 | $0 |
| Investments—publicly traded securities | $1,459,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,856,771 |
| 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 | $45,603 |
| Net assets with donor restrictions | $1,811,168 |
| 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 | $1,856,771 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Carroll County has awarded $345,109 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CARROLL ATHLETHIC ASSOCIATION PURPOSE: ball park seating & upgrtades | $25,000 |
CARROLL AREA CHILD CARE CENTE PURPOSE: outdoor play equiment | $12,000 |
CARROLL ROTARY CLUB PURPOSE: concession stand for softball | $9,252 |
CITY OF ARCADIA IA PURPOSE: sport court rehabilitation | $8,000 |
CITY OF DEDHAM IA PURPOSE: ball park improvements | $10,000 |
CITY OF LAKE VIEW IA PURPOSE: Comunity center | $25,000 |