Garretson Community Foundation Inc
- Assets
- $214.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garretson, SD
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 46-6015304
Organization Overview
Garretson Community Foundation Inc is located in Garretson, SD. The organization was established in 1968. 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. Garretson Community Foundation Inc 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, Garretson Community Foundation Inc generated $51.3k 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 (7.3%) each year. All expenses for the organization totaled $36.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) 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
OPERATION AND MAINTENANCE OF COMMUNITY SWIMMING POOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Markell Gnadt Board Member | 1 | $0 | |
Mallory Zell Treasurer | 1 | $0 | |
Doug Grimsrud Vice-President | 1 | $0 | |
Kayla Johnson Board Member | 1 | $0 | |
Leah Konechne Board Member | 1 | $0 | |
Brant Etrhiem Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,395 |
| Total Program Service Revenue | $14,916 |
| Membership dues | $0 |
| Investment income | $92 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,600 |
| Other Revenue | $0 |
| Total Revenue | $51,332 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,169 |
| Professional fees and other payments to independent contractors | $886 |
| Occupancy, rent, utilities, and maintenance | $8,239 |
| Printing, publications, postage, and shipping | $76 |
| Other expenses | $1,331 |
| Total expenses | $36,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,951 |
| Other assets | $0 |
| Total assets | $213,951 |
| Total liabilities | $0 |
| Net assets or fund balances | $213,951 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Yellowstone Club Community Foundaction Bozeman, MT | $7,118,258 | $8,242,753 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |
West Central Initiative Fergus Falls, MN | $80,928,029 | $10,157,757 |
Montana Community Foundation Inc Helena, MT | $124,041,175 | $24,837,343 |
North Dakota Community Foundation Bismarck, ND | $128,952,115 | $14,760,573 |
South Central Iowa Community Foundation Chariton, IA | $15,877,246 | $5,307,597 |
Greater Omaha Chamber Foundation Omaha, NE | $10,667,972 | $5,354,190 |
Rochester Area Foundation Rochester, MN | $45,116,721 | $11,703,419 |
Womens Foundation Of Minnesota Minneapolis, MN | $30,253,405 | $5,522,981 |
Kearney Area Community Foundation Kearney, NE | $36,338,328 | $7,420,402 |
Duluth Superior Area Community Foundation Inc Duluth, MN | $108,779,368 | $11,039,912 |