Community Foundation Of Johnson
- Assets
- $45.6m
- Revenue
- $9.7m
- Investments
- $43.3m
- Employees
- 5
- Location
- Coralville, IA
- Founding
- 10/2000
- Data as of
- 06/2022
- EIN
- 42-1508117
Organization Overview
Community Foundation Of Johnson is located in Coralville, IA. The organization was established in 2000. 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. As of 06/2022, Community Foundation Of Johnson employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Johnson 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 06/2022, Community Foundation Of Johnson generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 9.9% 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 2015, Community Foundation Of Johnson has awarded 591 individual grants totaling $16,031,981. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE CONNECT THOSE WHO CARE WITH THOSE WHO NEED BY SECURING DONATIONS FOR 501(C)(3) ORGANIZATIONS
Describe the Organization's Program Activity:
ENCOURAGE JOHNSON COUNTY CITIZENS TO MAKE DONATIONS TO SPECIFIC ENDOWMENT FUNDS FOR NON-PROFIT ORGANIZATIONS, POOL, ENGAGE AND MONITOR INVESTMENT MANAGERS AND MAKE GRANTS TO BENEFIT THE COMMUNITY THROUGH SUPPORT OF NON-PROFIT ORGANIZATIONS AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maharry Shelly President And CEO | Officer | 40 | $141,413 |
Jacobson Todd Chair | Officer | 2 | $0 |
Furman Sherri Secretary | Officer | 2 | $0 |
Price Dean Treasurer | Officer | 2 | $0 |
Bergus Laura Vice Chair | Officer | 2 | $0 |
Beining Kaleb Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,447 |
| Related organizations | $0 |
| Government grants | $214,309 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,938,949 |
| Noncash contributions included in lines 1a–1f | $2,861,403 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,177,705 |
| Total Program Service Revenue | $0 |
| Investment income | $1,011,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,492,472 |
| Net Income from Fundraising Events | -$7,613 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,673,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,450,657 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,492 |
| Compensation of current officers, directors, key employees. | $44,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,357 |
| Pension plan accruals and contributions | $6,514 |
| Other employee benefits | $14,527 |
| Payroll taxes | $24,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,051 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $172,679 |
| Fees for services: Other | $15,400 |
| Advertising and promotion | $27,029 |
| Office expenses | $31,502 |
| Information technology | $26,932 |
| Royalties | $0 |
| Occupancy | $22,407 |
| Travel | $11,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,414 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,444 |
| Insurance | $6,014 |
| All other expenses | $0 |
| Total functional expenses | $3,947,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,644,361 |
| Savings and temporary cash investments | $0 |
| 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 | $200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $448,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,256,427 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,206 |
| Total assets | $45,550,796 |
| Accounts payable and accrued expenses | $630 |
| Grants payable | $3,550 |
| 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 | $348,242 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,828 |
| Total liabilities | $360,250 |
| Net assets without donor restrictions | $44,990,546 |
| Net assets with donor restrictions | $200,000 |
| 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 | $45,550,796 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Johnson has awarded $2,066,555 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
Iowa City, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $553,803 |
IOWA CITY CATHOLIC WORKER URBAN AND RURAL LAND TRUST PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $143,186 |
Iowa City, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $70,250 |
Iowa City, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $59,732 |
Coralville, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $58,016 |
Johnston, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $54,131 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Foundation Of Johnson has recieved totaling $2,725.
| Awarding Organization | Amount |
|---|---|
Daniel J & Ann L Krumm Charitable Trust Ames, IA PURPOSE: GENERAL OPERATING | $2,725 |
Endowment Analysis
| Beg. Balance | $46,211,718 |
| Earnings | -$7,002,019 |
| Admin Expense | $810,911 |
| Net Contributions | $4,626,826 |
| Grants | $1,480,706 |
| Ending Balance | $41,544,908 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |