Wilmot Community Foundation is located in Wilmot, SD. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community 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. Wilmot 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 12/2023, Wilmot Community Foundation generated $171.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $152.7k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MAIN ACCOMPLISHMENT OF THE FOUNDATION IS TO PROVIDE AN AFFORDABLE DAYCARE CENTER TO ALLOW PARENTS IN THE AREAA SAFE PLACE FOR THE CHILDREN WHILE THE PARENTS WORK
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derek Miller President | 1 | $0 | |
Grant Remily Vice-President | 1 | $0 | |
Courtney Hansen Treasurer | 1 | $0 | |
Courtney Hansen Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,714 |
Total Program Service Revenue | $109,598 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,810 |
Other Revenue | $28,186 |
Total Revenue | $171,308 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $110,074 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $8,065 |
Printing, publications, postage, and shipping | $998 |
Other expenses | $33,606 |
Total expenses | $152,743 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,069 |
Other assets | $0 |
Total assets | $141,117 |
Total liabilities | $0 |
Net assets or fund balances | $141,117 |