Our Hometown Charitable Foundation
- Assets
- $810.4k
- Revenue
- $103.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Burlington, CO
- Founding
- 05/2015
- Data as of
- 02/2024
- EIN
- 47-3341292
Organization Overview
Our Hometown Charitable Foundation is located in Burlington, CO. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2024, Our Hometown Charitable Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Hometown Charitable 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 02/2024, Our Hometown Charitable Foundation generated $103.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $170.9k during the year ending 02/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO GIVE EQUAL AND UNBIASED OPPORTUNITY TO ALL OF OUR CITIZENS REGARDLESS OF RACE CULTURE AGE GENDER OR ECONOMIC STATUS AND TO PRESERVE A RURAL COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A MOVIE AND CULTURAL EVENT CENTER FOR THE COMMUNITY.
TO PROVIDE SUPPORT TO COMMUNITY PROJECTS.
TO PROVIDE SCHOLARSHIPS TO LOCAL YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Halde President | Officer | 1 | $0 |
Michelle Schaa Vice President | Officer | 1 | $0 |
Christy Tomes Secretary | Officer | 1 | $0 |
Christa Gilber Treasurer | Officer | 1 | $0 |
Kalyn Franz Board Member | Trustee | 1 | $0 |
Kim Davis Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $16,786 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,786 |
| Total Program Service Revenue | $85,194 |
| Investment income | $1,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,428 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 | $13,512 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,568 |
| Office expenses | $166 |
| Information technology | $4,332 |
| Royalties | $0 |
| Occupancy | $4,691 |
| 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 | $35,816 |
| Insurance | $5,993 |
| All other expenses | $27,242 |
| Total functional expenses | $170,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,517 |
| Savings and temporary cash investments | $51,548 |
| 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 | $672,344 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $810,409 |
| Accounts payable and accrued expenses | $1,760 |
| 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 | $0 |
| Total liabilities | $1,760 |
| Net assets without donor restrictions | $215,455 |
| Net assets with donor restrictions | $593,194 |
| 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 | $810,409 |
Grants Awarded
Over the last fiscal year, Our Hometown Charitable Foundation has awarded $20,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BURLINGTON ACTIV PURPOSE: ACTV & REC | $20,000 |