Washington Iowa Betterment Foundation
- Assets
- $309.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, IA
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 42-1444876
Organization Overview
Washington Iowa Betterment Foundation is located in Washington, IA. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Washington Iowa Betterment 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, Washington Iowa Betterment Foundation generated $46.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.6%) each year. All expenses for the organization totaled $38.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (40.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CIVIC IMPORVEMENTS IN WASHINGTON, IOWA TO BETTER THE COMMUNITY AND SCHOOL DISTRICT IN ORDER TO CONTINUE TO MAINTAIN QUALITY OF LIFE IN THE AREA.
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 |
|---|---|---|---|
Matt Brown Director | 1 | $0 | |
Janelle Johnson Treasurer | 1 | $0 | |
Marde Mcconnell Director | 1 | $0 | |
Lyle Moen Secretary | 1 | $0 | |
Lindsey Altenhofen Director | 1 | $0 | |
Tiffany Whisler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,244 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,811 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,453 |
| Other Revenue | $0 |
| Total Revenue | $46,508 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,247 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $3,418 |
| Total expenses | $38,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $308,983 |
| Other assets | $0 |
| Total assets | $308,983 |
| Total liabilities | $0 |
| Net assets or fund balances | $308,983 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Washington Iowa Betterment Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $167,065 |
| Earnings | $18,413 |
| Admin Expense | $538 |
| Net Contributions | $2,636 |
| Grants | $7,773 |
| Ending Balance | $179,803 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |
Lever For Change Chicago, IL | $17,371,828 | $11,059,988 |
United Way Of Lincoln And Lancaster County Lincoln, NE | $10,176,018 | $7,783,651 |
Ten Talents Foundation St Louis, MO | $138,781,334 | $2,527,565 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
United Way Of Lake County Inc Gurnee, IL | $9,128,371 | $6,708,539 |
Wisconsin Regional Training Partnership Inc Milwaukee, WI | $5,167,350 | $7,096,517 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |
Marquardt Management Services Inc Watertown, WI | $6,505,877 | $7,287,760 |
United Way Of Racine County Inc Racine, WI | $12,886,220 | $9,907,710 |