Kansas Rural Communities Foundation
- Assets
- $2.4m
- Revenue
- $865.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Wamego, KS
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-3579294
Organization Overview
Kansas Rural Communities Foundation is located in Wamego, KS. The organization was established in 2006. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Kansas Rural Communities 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, Kansas Rural Communities Foundation generated $865.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 13.6% per year over the past 7 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 2014, Kansas Rural Communities Foundation has awarded 79 individual grants totaling $1,670,723. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A VEHICLE BY WHICH INDIVIDUALS, FAMILIES, BUSINESSES, AND ORGANIZATIONS CAN FINANCIALLY SUPPORT THE NEEDS OF THEIR COMMUNITIES. SOLICIT FUNDS AND EDUCATE POTENTIAL DONORS ABOUT THE ADVANTAGES OF GIVING FOR BOTH THE DONOR AND THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS - THE FOUNDATION DISBURSED FUNDS TO EXEMPT AND CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR EXEMPT PURPOSES. GRANTS ARE DISBURSED UPON THE DISCRETION OF THE BOARD OF DIRECTORS.
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 |
|---|---|---|---|
Audrey Williams Executive Director | Officer | 2 | $4,495 |
Julie Roller President | OfficerTrustee | 2 | $0 |
Chantel Routh Treasurer | OfficerTrustee | 1 | $0 |
Devin Weis Vice President | OfficerTrustee | 1 | $0 |
Joe Thomas Director | Trustee | 1 | $0 |
Viven Olsen Director | Trustee | 1 | $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 | $675,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,337 |
| Total Program Service Revenue | $0 |
| Investment income | $34,747 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $127,956 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $865,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,041,607 |
| 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. | $4,495 |
| Compensation of current officers, directors, key employees. | $4,495 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $924 |
| Fees for services: Management | $3,532 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,761 |
| Fees for services: Other | $0 |
| Advertising and promotion | $165 |
| Office expenses | $1,174 |
| Information technology | $530 |
| Royalties | $0 |
| Occupancy | $2,500 |
| Travel | $825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,572 |
| All other expenses | $50 |
| Total functional expenses | $1,096,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,655 |
| Savings and temporary cash investments | $286,014 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,043,698 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,370,367 |
| Accounts payable and accrued expenses | $1,190 |
| 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 | $1,190 |
| Net assets without donor restrictions | $2,369,177 |
| 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 | $2,370,367 |
Grants Awarded
Over the last fiscal year, Kansas Rural Communities Foundation has awarded $877,262 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CARLEY CONSTRUCTION COMPANY PURPOSE: NEW BUILDING CONSTRUCTION | $277,360 |
NEW BOSTON CREATIVE GROUP LLC PURPOSE: SERVICE FEES & REIMBURSABLE EXPENSES | $224,793 |
Alma, KS PURPOSE: SUPPLIES | $89,169 |
PCEDC PURPOSE: SMALL BUSINESS DEVELOPMENT SERVICES | $46,000 |
Mission Hills, KS PURPOSE: TRANSFER | $23,024 |
DT ELECTRIC LLC PURPOSE: ELECTRICAL FOR NEW BUILDING | $21,966 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kansas Rural Communities Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Charles P Ferro Foundation Burlington, VT PURPOSE: OPERATINGSUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $2,565,463 |
| Earnings | $155,970 |
| Admin Expense | $9,761 |
| Net Contributions | $300 |
| Other Expense | $954,413 |
| Grants | $173,644 |
| Ending Balance | $1,583,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beaver Creek Resort Co Avon, CO | $28,954,020 | $22,257,606 |
Master Community Association Inc Denver, CO | $3,554,049 | $8,649,814 |
Durango Mountain Master Association Inc Durango, CO | $5,099,330 | $3,338,361 |
Kansas Rural Communities Foundation Wamego, KS | $2,370,367 | $865,297 |
Crestmoor Community Association Lakewood, CO | $1,223,945 | $845,066 |
Parkview Gardens Association St Louis, MO | $5,528,177 | $842,875 |
Community Associations Institute Broomfield, CO | $637,287 | $603,415 |
Corrigan Neighborhood Association Omaha, NE | $232,338 | $343,811 |
Alameda Connects Lakewood, CO | $110,413 | $229,848 |
Community Associations Institute Colorado Springs, CO | $183,745 | $0 |
South College Community Association Fort Collins, CO | $107,381 | $208,319 |
Burland Civic Association Inc Bailey, CO | $707,937 | $170,320 |