Armstrong County Community Foundation
- Assets
- $24.4m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Kittanning, PA
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 31-1625798
Organization Overview
Armstrong County Community Foundation is located in Kittanning, PA. The organization was established in 1999. 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. As of 12/2023, Armstrong County Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armstrong County Community 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 12/2023, Armstrong County Community Foundation generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Armstrong County Community Foundation has awarded 175 individual grants totaling $3,675,955. 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 FOUNDATION DEVELOPS, MANAGES AND DISTRIBUTES CHARITABLE FUNDING TO MEET EXISTING AND CHANGING COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARMSTRONG COUNTY COMMUNITY FOUNDATION IS A NONPROFIT CORPORATION INCORPORATED TO MEET THE NEEDS OF INDIVIDUALS AND CHARITABLE AGENCIES WITHIN THE COUNTY AND SURROUNDING REGION. SINCE INCEPTION, THE FOUNDATION HAS ALLOWED DONORS AND NONPROFIT ORGANIZATIONS TO WORK TOGETHER TO IMPROVE THE QUALITY OF LIFE IN THE AREA. THE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, MANAGE AND DISTRIBUTE CHARITABLE FUNDING TO MEET EXISTING AND CHANGING COMMUNITY NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodi Beers Executive Di | Officer | 40 | $79,092 |
Frank Baker Director | Trustee | 1 | $0 |
Sandy Bradigan Director | Trustee | 1 | $0 |
Dina Blake Director | Trustee | 1 | $0 |
Tyler Heller Director | Trustee | 1 | $0 |
Christine Moss Chair Of The | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,145 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,047,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,092,441 |
| Total Program Service Revenue | $0 |
| Investment income | $443,579 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$235,210 |
| Net Income from Fundraising Events | -$5,288 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,295,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $541,041 |
| Grants and other assistance to domestic individuals. | $423,110 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,465 |
| Compensation of current officers, directors, key employees. | $20,366 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,849 |
| Pension plan accruals and contributions | $1,493 |
| Other employee benefits | $0 |
| Payroll taxes | $9,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $124,320 |
| Fees for services: Other | $1,925 |
| Advertising and promotion | $3,133 |
| Office expenses | $27,471 |
| Information technology | $2,838 |
| Royalties | $0 |
| Occupancy | $11,216 |
| Travel | $684 |
| 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 | $3,238 |
| All other expenses | $0 |
| Total functional expenses | $1,306,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,762 |
| Savings and temporary cash investments | $297,132 |
| 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 | $4,782 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,963,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,084 |
| Total assets | $24,417,523 |
| Accounts payable and accrued expenses | $98,705 |
| Grants payable | $28,842 |
| 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 | $15,084 |
| Total liabilities | $142,631 |
| Net assets without donor restrictions | $776,117 |
| Net assets with donor restrictions | $23,498,775 |
| 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 | $24,417,523 |
Grants Awarded
Over the last fiscal year, Armstrong County Community Foundation has awarded $484,456 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
RICHARD G SNYDER YMCA PURPOSE: OPERATING FUND | $88,339 |
ST JOHN'S LUTHERAN CHURCH PURPOSE: OPERATING FUND | $10,000 |
FORD CITY PUBLIC LIBRARY PURPOSE: OPERATING FUND | $15,354 |
HAVIN PURPOSE: OPERATING FUND | $9,825 |
EYE AND EAR FOUNDATION INC PURPOSE: OPERATING FUND | $29,131 |
TRINITY CHRISTIAN SCHOOL PURPOSE: OPERATING FUND | $135,155 |