Custer County Foundation Inc is located in Broken Bow, NE. The organization was established in 1992. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Custer County Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Custer County 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 12/2022, Custer County Foundation Inc generated $247.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $966.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CUSTER COUNTY FOUNDATION AWARDS GRANTS TO CHARITABLE ORGANIZATIONS, SCHOLARSHIPS TO STUDENTS, AND PROVIDES SUPPORT TO CHARITABLE ORGANIZATIONS AND POTENTIAL DONORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS THROUGHOUT THE COUNTY BOTH TRADITIONAL AND NON TRADITIONAL
SUPPORT OF CUSTER COUNTY CHARITABLE ORGANIZATIONS
LOCAL FIRE RELIEF FOR DEPARTMENTS
LOCAL ORGANIZATIONAL GRANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lindsay Cook Executive Di | Trustee | 40 | $56,217 |
Lizzie Bartak Board Member | Trustee | $0 | |
Deb Girardin Board Member | Trustee | $0 | |
Shelly Griffith Board Member | Trustee | $0 | |
Travis Johnson Board Member | Trustee | $0 | |
Tim Loy Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $959,482 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $959,482 |
Total Program Service Revenue | $91,300 |
Investment income | $148,823 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,079,476 |
Net Income from Fundraising Events | $123,195 |
Net Income from Gaming Activities | $4,105 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $247,429 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $580,347 |
Grants and other assistance to domestic individuals. | $153,229 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $56,217 |
Compensation of current officers, directors, key employees. | $15,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,196 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,068 |
Payroll taxes | $6,305 |
Fees for services: Management | $90,100 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,200 |
Advertising and promotion | $8,181 |
Office expenses | $13,151 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,958 |
Travel | $2,786 |
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 | $700 |
Insurance | $3,520 |
All other expenses | $25 |
Total functional expenses | $965,983 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $383,838 |
Savings and temporary cash investments | $1,018,763 |
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 | $8,204 |
Investments—publicly traded securities | $4,904,137 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,314,942 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
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 | $1,726 |
Total liabilities | $1,726 |
Net assets without donor restrictions | $6,313,216 |
Net assets with donor restrictions | $0 |
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 | $6,314,942 |
Over the last fiscal year, Custer County Foundation Inc has awarded $580,347 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
RURAL FIRE DEPARTMENTS PURPOSE: FIRE RELIEF GRANTS | $106,091 |