Lyons Community Foundation is located in Lyons, NE. The organization was established in 1994. 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. Lyons 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 12/2021, Lyons Community Foundation generated $17.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $4.6k during the year ending 12/2021. 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 RECEIVE, ADMINISTER AND DISBURSE FUNDS REQUESTED FOR CIVIC, EDUCATIONAL OR CULTURAL NEED AND DESIGNATED AS CONTRIBUTIONS FOR IMPROVEMENT AND/OR ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENDOWMENT FUND ACCOUNT BENEFITS THE COMMUNITY WITH GRANTS FROM INTEREST EARNED, AWARDED PRIMARILY FOR COMMUNITY ECONOMIC DEVELOPMENT MEETING CIVIC, EDUCATIONAL, CULTURAL, RECREATIONAL, HUMANITARIAN OR HEALTH NEEDS TO COMMUNITY MEMBERS.
SCHOLARSHIP ENDOWMENT FUND ACCOUNT GENERATES FUNDS USED TO GRANT SCHOLARSHIPS TO DESERVING GRADUATES OF LYONS - DECATUR NORTHEAST SCHOOL WHO ARE INTENDING TO CONTINUE THEIR EDUCATON. THREE SCHOLARSHIPS OF 1,500,EACH, WERE AWARDED IN 2021. ONE CONTRIBUTION OF 50 WAS AWARDED AND THE BALANCE IN THE SCHOLARSHIP ENDOWMENT FUND ACCOUNT AT THE END OF THE YEAR, 2021 WAS 105,084.
DESIGNATED FUND ACCOUNTS ARE ESTABLISHED FOR SPECIFIC PURPOSES, WHERE INTEREST AND PRINCIPAL ARE RETURNED BACK TO SPECIFIC DESIGNATED INDIVIDUALS MANAGED IN 2021 INCLUDED THE FOLLOWING CONTRIBUTIONS TO THE FOLLOWING SPECIFIC FUNDS; ROBERT HILT SCHOLARSHIOP FUND 1,500; KIRK 1 SCHOLARSHIP FUND 2,335; MEGAN CAMERON CLASS OF 2002 SCHOLARSHIP FUND 500; NORMIL FOUNDATION COMMUNITY IMMPROVEMENT GRANT FUND 4,100. OTHER MANAGED DESIGNATED FUNDS ACCOUNTS INCLUE: CEMETARY FENCE FUND, COUGAR CUBS FUND, KELLY FRENCH SCHLORASHIP FUND, JUNIOR GOLF ENDOWMENT FUND, MAIN STREET HISTORICAL PRESERVATION FUND, LYONS CITY PARK FUND, LYONS POOL FUND, TINY COUNTY INN PROJECT FUND, LYONS PUBLIC LIBRARY ENDOWMENT FUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rex Haskell Treaurer/dir | OfficerTrustee | $0 | |
Denise Johnson Secretary/di | OfficerTrustee | $0 | |
Gene Nelsen President/di | OfficerTrustee | $0 | |
Daniel A Smith Vice Preside | OfficerTrustee | $0 | |
Kevin Anderson Director | Trustee | $0 | |
Kyle Brink Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $50 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,985 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,035 |
Total Program Service Revenue | $0 |
Investment income | $6,559 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,594 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,500 |
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 | $0 |
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 | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $99 |
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 | $0 |
Total functional expenses | $4,599 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,442 |
Savings and temporary cash investments | $652,223 |
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 | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $658,665 |
Accounts payable and accrued expenses | $57,472 |
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 | $57,472 |
Net assets without donor restrictions | $194,738 |
Net assets with donor restrictions | $406,455 |
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 | $658,665 |
Over the last fiscal year, we have identified 1 grants that Lyons Community Foundation has recieved totaling $8,800.
Awarding Organization | Amount |
---|---|
Normil Foundation Lincoln, NE PURPOSE: UNRESTRICTED | $8,800 |
Organization Name | Assets | Revenue |
---|---|---|
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
The Summit Foundation Breckenridge, CO | $22,333,564 | $6,446,939 |
Delta Dental Plan Of Colorado Foundation Inc Centennial, CO | $49,407,538 | $7,354,088 |
Israel Henry Beren Charitable Foundation Inc Wichita, KS | $31,036,807 | $8,738,031 |
Columbia St Marys Foundation Inc St Louis, MO | $44,777,038 | $4,064,504 |