Norton County Community Foundation Inc
- Assets
- $441.8k
- Revenue
- $339.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Norton, KS
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 48-1158543
Organization Overview
Norton County Community Foundation Inc is located in Norton, KS. The organization was established in 2016. 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. As of 12/2023, Norton County Community Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton County 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 12/2023, Norton County Community Foundation Inc generated $339.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $277.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Norton County Community Foundation Inc has awarded 16 individual grants totaling $545,253. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT NON-PROFIT AND CIVIC ORGANIZATIONS WITHIN NORTON COUNTY, KANSAS AND SURROUNDING AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO LOCAL NON PROFITS AND CIVIC ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Peterson Executive Dir. | Trustee | 40 | $35,893 |
Brian S Thompson Treasurer | OfficerTrustee | 1 | $0 |
Collette Miller Director | Trustee | 1 | $0 |
Scott Sproul Director | Trustee | 1 | $0 |
Jennifer Hauser Director | Trustee | 1 | $0 |
John Mcclymont Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,678 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,570 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,248 |
| Total Program Service Revenue | $7,492 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,099 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,190 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,690 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,893 |
| Compensation of current officers, directors, key employees. | $23,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,332 |
| Pension plan accruals and contributions | $1,838 |
| Other employee benefits | $18,333 |
| Payroll taxes | $6,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,877 |
| Office expenses | $3,446 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,170 |
| 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 | $564 |
| Insurance | $3,868 |
| All other expenses | $4,562 |
| Total functional expenses | $277,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,589 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,360 |
| 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 | $148,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $441,796 |
| Accounts payable and accrued expenses | $2,397 |
| 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 | $2,397 |
| Net assets without donor restrictions | $335,329 |
| Net assets with donor restrictions | $104,070 |
| 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 | $441,796 |
Grants Awarded
Over the last fiscal year, Norton County Community Foundation Inc has awarded $105,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALMENA IRRIGATION DISTRICT PURPOSE: MAINTAIN SEBELIUS RESERVOIR | $100,000 |
USD 211 PURPOSE: JAG K PROGRAM | $5,500 |