Eastside Area Community Foundation Inc is located in Butler, IN. The organization was established in 1983. 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. Eastside Area Community 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, Eastside Area Community Foundation Inc generated $420.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $110.2k during the year ending 12/2021. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GRANT SCHOLARSHIPS TO STUDENTS FROM DEKALB COUNTY, INDIANA AND TO GRANT MONIES TO ORGANIZATIONS THAT PROMOTE THE DEKALB EASTERN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PRIMARILY GRANTS SCHOLARSHIPS TO STUDENTS FROM DEKALB COUNTY, INDIANA THAT ARE ENROLLED IN POST-HIGH SCHOOL EDUCATIONAL INSTITUTIONS. THE FOUNDATION ALSO MAKES GRANTS TO ORGANIZATIONS THAT WORK TOWARD IMPROVING THE QUALITY OF LIFE FOR THE COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Imhoff Executive Di | Officer | 8 | $7,000 |
Debbie Hollabaugh Vice Preside | OfficerTrustee | 2 | $0 |
Jerry Markle Treasurer | OfficerTrustee | 2 | $0 |
Tracy Miller President | OfficerTrustee | 3 | $0 |
Cynthia Young Secretary | OfficerTrustee | 2 | $0 |
Phil Carpenter Director | Trustee | 1 | $0 |
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 | $16,400 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,400 |
Total Program Service Revenue | $0 |
Investment income | $55,383 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $348,495 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $420,278 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $51,596 |
Grants and other assistance to domestic individuals. | $34,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $7,000 |
Compensation of current officers, directors, key employees. | $350 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $535 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,120 |
Fees for services: Accounting | $1,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $12,256 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
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 | $0 |
All other expenses | $1,730 |
Total functional expenses | $110,232 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,314 |
Savings and temporary cash investments | $68,675 |
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 | $1,395,233 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,503,222 |
Accounts payable and accrued expenses | $1,600 |
Grants payable | $45,500 |
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 | $47,100 |
Net assets without donor restrictions | $1,456,122 |
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 | $1,503,222 |
Over the last fiscal year, we have identified 1 grants that Eastside Area Community Foundation Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
International Paper Company Foundation Memphis, TN PURPOSE: ELEMENTARY READING PROGRAM | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $418,149,768 | $41,619,440 |
Blue Grass Community Foundation Inc Lexington, KY | $132,271,880 | $24,051,212 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |