Wahoo Community Foundation
- Assets
- $3.7m
- Revenue
- $599.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Wahoo, NE
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 47-0720663
Organization Overview
Wahoo Community Foundation is located in Wahoo, NE. The organization was established in 1989. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wahoo 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 12/2021, Wahoo Community Foundation generated $599.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $231.7k during the year ending 12/2021. While expenses have increased by 1.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE FUND FOR THE BENEFIT OF THE COMMUNITY OF WAHOO, NEBRASKA
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PROJECTS - INCLUDING HACKBERRY PARK PROJECT AND OTHER SUPPORT
COMMUNITY CHEST GRANTS (NONE IN 2021)
SCHOLARSHIP AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Breunig Vice Preside | OfficerTrustee | $0 | |
Gregory A Hohl President | OfficerTrustee | $0 | |
Gerald D Johnson Secretary | OfficerTrustee | $0 | |
Kevin Stuhr Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,556 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,450 |
| Total Program Service Revenue | $0 |
| Investment income | $98,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $384,166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $599,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,695 |
| Grants and other assistance to domestic individuals. | $58,892 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,966 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $530 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $231,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,495 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,659,269 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,704,764 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $12,451 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,451 |
| Net assets without donor restrictions | $1,376,683 |
| Net assets with donor restrictions | $2,315,630 |
| 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 | $3,704,764 |
Grants Awarded
Over the last fiscal year, Wahoo Community Foundation has awarded $95,503 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WAHOO HACKBERRY | | | $60,000 |
CITY OF WAHOO CHRISTMAS LIGHTING | | | $20,503 |
SAUNDERS CO LOST PETS | | | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wahoo Community Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Robert B Daugherty Foundation Omaha, NE PURPOSE: CAPITAL FUND/RENOVATION | $100,000 |
Endowment Analysis
| Beg. Balance | $1,843,915 |
| Earnings | $164,182 |
| Grants | $58,392 |
| Ending Balance | $1,949,705 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Exploration Place Inc Wichita, KS | $29,741,149 | $4,435,159 |
Cosmosphere Inc Hutchinson, KS | $12,276,263 | $5,989,265 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |
Lion Global Foundation Denver, CO | $27,670,557 | $8,372,189 |
Museum Of Outdoor Arts Englewood, CO | $18,523,880 | $4,071,362 |