Carl A Nelson Charitable Foundation
- Assets
- $102.0k
- Revenue
- $38.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 20-1713123
Organization Overview
Carl A Nelson Charitable Foundation is located in Burlington, IA. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public 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. Carl A Nelson Charitable Foundation 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, Carl A Nelson Charitable Foundation generated $38.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $18.2k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL ASSISTANCE TO OTHER ORGANIZATIONS IN FURTHERANCE OFTHEIR EXEMPT PURPOSE
TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS PURSUING HIGHER EDUCATION
TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS IN DISTRESS DUE TO MEDICAL CONDITIONS
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 |
|---|---|---|---|
James Maletta Vice President | 1 | $0 | |
Chris M Smith President | 1 | $0 | |
Thomas J Jones Secretarytreasurer | 1 | $0 | |
Tim C Seibert Director | 1 | $0 | |
Charlie Carlson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,595 |
| Interest on Savings | $40 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $118 |
| Total operating and administrative expenses | $119 |
| Contributions, gifts, grants paid | $18,110 |
| Total expenses and disbursements | $18,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120 |
| Savings and temporary cash investments | $101,893 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $102,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carl A Nelson Charitable Foundation has awarded $13,440 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BURLINGTON AREA UNITED WAY PURPOSE: ASSISTANCE TO OTHERS | $5,500 |
YOUNG HOUSE FAMILY SERVICES PURPOSE: ASSISTANCE TO FAMILIES | $1,000 |
BRIDGES OUT OF POVERTY PURPOSE: ASSISTANCE TO FAMILIES | $1,000 |
HAIR HATS & MORE PURPOSE: ASSISTANCE TO CANCER PATIENTS | $750 |
HOPE HAVEN DEVELOPMENT CENTER PURPOSE: ASSISTANCE TO DISABLED PERSONS | $600 |
BOY SCOUTS OF AMERICA PURPOSE: ASSISTANCE TO SCOUTING | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |
Delta Dental Of Illinois Foundation Naperville, IL | $25,024,389 | $3,455,775 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Chicago Scholarship Fund Inc Chicago, IL | $0 | $5,200,805 |
Mercy Health Corporation Rockford, IL | $1,246,524,503 | $10,286,365 |
Columbia St Marys Foundation Inc St Louis, MO | $44,777,038 | $4,064,504 |