The information for Bunker Hill Charities is as of the organization's most recent filing in December 2019. This organization is located in Crystal Lake, IL. It has been in existence for 3 years, following its founding in 2016.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Bunker Hill Charities' NTEE code is S20. The "S" tells us that the organization is classified along with Community Improvement & Capacity Building. The "20" tells us that the organization is a Community & Neighborhood Development organization. The NTEE describes Community & Neighborhood Development organizations as those that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of an urban community or neighborhood.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
The mission of Bunker Hill Charities is to affect societal change and improve the quality of living for Northwestern Illinois communities and neighboring areas.
The program area provides grants to other charitable organizations in order to support their operations and enable them to continue providing their services to their communities.
Bunker Hill Charities has a board of six voting members, all of which are independent. This is a good sign that the organization is well-governed, as there is no risk of conflicts of interest. The organization has also delegated management to an outside firm, which is another positive sign. Additionally, board and committee meetings are documented, which helps ensure the organization is running efficiently and according to its mission. However, Bunker Hill Charities does not have a conflict of interest policy, does not require disclosure of conflicts, does not have a written whistleblower policy, and does not have a document retention policy. Furthermore, the organization does not substantiate or review leadership or officer salaries. These are all important aspects of good governance, and the organization should consider implementing such policies to ensure greater transparency and accountability. On the positive side, the organization does provide copies of the 990 to the board prior to filing. This helps ensure that the board is aware of any financial and legal issues that may arise. Overall, Bunker Hill Charities is making strides towards better governance, but there is still room for improvement.
Our dataset has four years of grant history for the Bunker Hill Charities. In that time, they have awarded fifty-two grants, with an average check size of $23,433. All grants were awarded in the Community Improvement & Capacity Building sector. Additionally, the organization most frequently awards grants in the state of Illinois (46) with smaller numbers in New York (1), Florida (1), Maine (1), Arizona (1), New Jersey (1), and Tennessee (1).
Over the period of 2016 to 2019, Bunker Hill Charities has grown significantly. Contributions and grants received increased from $623.3K to $2.5M, while total revenue increased from $253.5K to $1.8M. Similarly, grants paid increased from $219.7K to $520.6K, and total expenses increased from $256.6K to $1.3M. The organization also saw significant growth in their volunteer base, increasing from 80 to 600 volunteers.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael E Domek Chairman Of The Board | OfficerTrustee | 1 | $0 |
Randall Kenyon Secretary | OfficerTrustee | 1 | $0 |
Kurt Taylor Treasurer | OfficerTrustee | 1 | $0 |
Nick Bucci Director | Trustee | 1 | $0 |
Keith Iden Director | Trustee | 1 | $0 |
Dave Domek Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $844,145 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $763,571 |
Noncash contributions included in lines 1a–1f | $706,066 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,607,716 |
Total Program Service Revenue | $0 |
Investment income | $301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $205 |
Net Income from Fundraising Events | -$514,471 |
Net Income from Gaming Activities | $42,994 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,136,745 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $417,140 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $183,410 |
Compensation of current officers, directors, key employees. | $42,435 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,506 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,924 |
Office expenses | $2,177 |
Information technology | $3,586 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,096 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $19 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $89,213 |
Insurance | $45,828 |
All other expenses | $0 |
Total functional expenses | $942,037 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $174,592 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,000 |
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 | $31,800 |
Net Land, buildings, and equipment | $1,808,689 |
Investments—publicly traded securities | $0 |
Investments—other securities | $553,647 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,582,728 |
Accounts payable and accrued expenses | $1,294,088 |
Grants payable | $0 |
Deferred revenue | $136,400 |
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 | $1,430,488 |
Net assets without donor restrictions | $1,152,240 |
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 | $2,582,728 |
Over the last fiscal year, Bunker Hill Charities has awarded $355,562 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
Woodstock, IL PURPOSE: PROGRAM SERVICES | $111,474 |
Woodstock, IL PURPOSE: PROGRAM SERVICES | $30,300 |
McHENRY, IL PURPOSE: PROGRAM SERVICES | $28,000 |
Crystal Lake, IL PURPOSE: PROGRAM SERVICES | $28,000 |
Tucson, AZ PURPOSE: PROGRAM SERVICES | $26,000 |
Mchenry, IL PURPOSE: PROGRAM SERVICES | $25,700 |
Over the last fiscal year, we have identified 4 grants that Bunker Hill Charities has recieved totaling $29,064.
Awarding Organization | Amount |
---|---|
Tremble Foundation Inc Grand Rapids, MI PURPOSE: CHARITABLE | $16,000 |
Barrington Childrens Charities Barrington, IL | | $9,875 |
4jd Family Foundation Glencoe, IL PURPOSE: CHARITABLE | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $189 |
Organization Name | Assets | Revenue |
---|---|---|
Indianapolis Foundation Inc Indianapolis, IN | $352,748,809 | $43,731,535 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Pennyrile Allied Community Services Inc Hopkinsville, KY | $9,618,726 | $22,758,893 |
Lexington Center Corporation Lexington, KY | $378,439,328 | $16,156,810 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
Embarras River Basin Agency Inc Greenup, IL | $2,961,671 | $18,793,359 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Tri-County Opportunities Council Rock Falls, IL | $4,101,390 | $18,238,868 |