Hrc Foundation
- Assets
- $101.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Humboldt, IA
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 42-1525930
Organization Overview
Hrc Foundation is located in Humboldt, IA. The organization was established in 2004. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hrc 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, Hrc Foundation generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 6 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
PROVIDED ASSISTANCE TO THE CITY OF HUMBOLDT OWNED AND OPERATED RECREATION CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Nielsen Director | 0 | $0 | |
Tyler Nielsen Director | 0 | $0 | |
Tony Nielsen Director | 0 | $0 | |
Tonya Heier Treasurer | 0 | $0 | |
Joel Armitage Director | 0 | $0 | |
Travis Goedken Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,175 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,323 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $66 |
| Other expenses | $3,797 |
| Total expenses | $3,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,457 |
| Other assets | $0 |
| Total assets | $101,457 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,457 |