Home State Bank Charitable Foundation
- Assets
- $224.1k
- Revenue
- $96.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson, IA
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 42-1378344
Organization Overview
Home State Bank Charitable Foundation is located in Jefferson, IA. The organization was established in 1992. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home State Bank 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 12/2022, Home State Bank Charitable Foundation generated $96.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $164.6k during the year ending 12/2022. While expenses have increased by 10.4% 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 2017, Home State Bank Charitable Foundation has awarded 238 individual grants totaling $446,729. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sid Jones President And Director | 1 | $0 | |
Elizabeth Garst Vice President And Director | 0.1 | $0 | |
Chris Deal Director | 0.1 | $0 | |
Jennifer Garst Director | 0.1 | $0 | |
Susan Tronchetti Director | 0.1 | $0 | |
Douglas Mcdermott Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,000 |
| Interest on Savings | $880 |
| 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 | $96,880 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $429 |
| Contributions, gifts, grants paid | $164,181 |
| Total expenses and disbursements | $164,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $223,562 |
| Net Accounts receivable | $500 |
| 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 | $224,062 |
| 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, Home State Bank Charitable Foundation has awarded $164,181 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
JEFFERSON MATTERS PURPOSE: GENERAL OPERATIONS | $41,500 |
Jefferson, IA PURPOSE: GENERAL OPERATIONS | $41,000 |
CITY OF JEFFERSON-NEW ANIMAL SHELTER PURPOSE: GENERAL OPERATIONS | $25,000 |
GREENE COUNTY COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATIONS | $6,000 |
POLK CITY COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATIONS | $5,000 |
West Des Moines, IA PURPOSE: GENERAL OPERATIONS | $3,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert B Daugherty Foundation Omaha, NE | $895,599,209 | $80,372,150 |
Big Shoulders Fund Chicago, IL | $125,993,936 | $62,883,883 |
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Wonderful Foundations Minneapolis, MN | $335,018,950 | $18,325,687 |
Foundation For Educational Services Inc Lincoln, NE | $9,496,243 | $19,971,650 |
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Cristo Rey Network Chicago, IL | $14,102,009 | $11,695,592 |
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |
Big Ten Academic Alliance Champaign, IL | $13,766,841 | $9,203,675 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |