Latah County Community Foundation Inc
- Assets
- $813.8k
- Revenue
- $149.5k
- Investments
- $780.3k
- Employees
- 0
- Location
- Moscow, ID
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 82-0518701
Organization Overview
Latah County Community Foundation Inc is located in Moscow, ID. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latah 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 12/2021, Latah County Community Foundation Inc generated $149.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $115.8k during the year ending 12/2021. While expenses have increased by 2.8% 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.
Since 2015, Latah County Community Foundation Inc has awarded 160 individual grants totaling $717,244. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Gilmore Director | 2 | $0 | |
Mike Gaffney Director | 2 | $0 | |
Shannon Richards Director | 2 | $0 | |
Kristy Meyer Director | 2 | $0 | |
Ann Norton Director | 2 | $0 | |
Jay Pengilly Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $67,965 |
| Interest on Savings | $2 |
| Dividends & Interest | $24,051 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,523 |
| Capital Gain Net Income | $57,523 |
| Net ST Capital Gain | $1,860 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $149,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $990 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,734 |
| Total operating and administrative expenses | $10,995 |
| Contributions, gifts, grants paid | $104,776 |
| Total expenses and disbursements | $115,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,143 |
| Savings and temporary cash investments | $5,001 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $400 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $780,276 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $813,820 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Latah County Community Foundation Inc has awarded $104,776 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVE GIVING MARKET OF THE PA PURPOSE: THE ALTERNATIVE GIVING MARKET OF THE PALOUSE PROVIDES RESIDENTS OF THE PALOUSE A MEANINGFUL ALTERNATIVE TO HOLIDAY GIFT GIVING AND AN OPPORTUNITY TO SUPPORT LOCAL NON-PROFITS. | $51,015 |
MOSCOW GIVING CIRCLE PURPOSE: GRANTS TO WELCOME TABLE (HEART OF THE ARTS), BACKYARD HARVEST, FOOD NOT BOMBS, LATAH COUNTY HISTORICAL SOCIETY,KENWORTHY PERFORMING ARTS CENTRE, MOSCOW'S DISTINGUISHED YOUNG WOMEN, MOSCOW AFFORDABLE HOUSING TRUST, PALOUSE-CLEARWATER ENVIRONMENTAL INSTITUTE, SCOUTS BSA TROOP #333, UI WOMEN'S CENTER, AND IDAHO FIREWISE. | $12,775 |
POTLATCH SCHOOL DISTRICT 285 PURPOSE: TO ASSIST WITH PURCHASING BOOKS AND SEATING FOR LIBRARY AND OTHER NECESSARY SCHOOL SUPPLIES. | $3,305 |
CITY OF DEARY IDAHO PURPOSE: ALLOW THE CITY OF DEARY TO PURCHASE GARBAGE CANS AND IMPROVE APPEARANCE OF PARK ENTRANCE. | $3,000 |
Moscow, ID PURPOSE: REPLACE AND IMPROVE OUTDOOR FENCING. | $3,000 |
MOSCOW SCHOOL DISTRICT 281 PURPOSE: ASSIST IN THE COST OF ON-LINE SUMMER CLASSES AND TUTORING. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Community Foundation For Southwest Washington Vancouver, WA | $320,798,451 | $21,245,317 |
Nevada Community Foundation Inc Las Vegas, NV | $244,409,532 | $23,282,106 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Innovia Foundation Spokane, WA | $167,789,472 | $30,081,757 |
Greater Tacoma Community Foundation Tacoma, WA | $166,592,589 | $24,675,694 |
Wyoming Community Foundation Laramie, WY | $214,898,852 | $21,534,093 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |
Community Foundation Of North Central Washington Wenatchee, WA | $129,475,587 | $18,614,873 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Whitefish Community Foundation Inc Whitefish, MT | $55,891,446 | $19,214,103 |
Whatcom Community Foundation Bellingham, WA | $61,418,992 | $32,311,600 |