Kansas Association Of Community Foundations
- Assets
- $9.5m
- Revenue
- $911.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, KS
- Founding
- Data as of
- 12/2022
- EIN
- 85-0738639
Organization Overview
Kansas Association Of Community Foundations is located in Washington, KS. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Kansas Association Of Community Foundations employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Association Of Community Foundations 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, Kansas Association Of Community Foundations generated $911.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $537.2k 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 MISSION OF THE KANSAS ASSOCIATION OF COMMUNITY FOUNDATIONS IS TO LEVERAGE THE RESOURCES OF COMMUNITY FOUNDATIONS IN THE STATE OF KANSAS TO STRENGTHEN AND PROMOTE COMMUNITY PHILANTHROPY AND TO INSPIRE ACTION THAT WILL IMPROVE THE QUALITY OF LIFE IN KANSAS COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HOSTED A NATIONAL CONFERENCE FOR GROWING COMMUNITY FOUNDATIONS. OVER 500 PARTICIPANTS FROM 39 STATES, REPRESENTING 226 COMMUNITY FOUNDATIONS LEARNED FROM OVER 70 SPEAKERS ON GROWING COMMUNITY FOUNDATIONS, LEADERSHIP, FINANCE, ADMINISTRATION, TECHNOLOGY, PUBLIC POLICY AND ADVOCACY. SESSIONS ARE RECORDED AND MADE AVAILABLE IN AN ON-LINE RESOURCE LIBRARY.
OTHER PROGRAM SERVICES
IN PARTNERSHIP WITH THE CS MOTT FOUNDATION, THE ASSOCIATION OPERATED A SUSTAINABLE DEVELOPMENT GOALS (SDGS) PROGRAM TO EXPLORE HOW 5 KANSAS COMMUNITY FOUNDATIONS COULD EMBRACE SDGS IN THE WORK THEY ARE ALREADY DOING OR PLANNING TO ADVANCE TO BENEFIT THEIR COMMUNITIES.
THE ASSOCIATION OPERATED EXPRESS TRAINING WHICH IS A 15-MODULE ON-LINE SERIES ON STARTING AND GROWING COMMUNITY FOUNDATIONS INCLUDING ASSET DEVELOPMENT, GRANT PROGRAM DESIGN, FIDUCIARY AND LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Hozempa Chair | OfficerTrustee | 1 | $0 |
Holly Launchbaugh Vice-Chair | OfficerTrustee | 1 | $0 |
Marci Penner Secretary | OfficerTrustee | 1 | $0 |
Marla Brandon Treasurer | OfficerTrustee | 1 | $0 |
Angie Tatro Board Member | Trustee | 1 | $0 |
Bekki Prebil Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $55,475 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $577,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,917 |
| Total Program Service Revenue | $237,899 |
| Investment income | $41,124 |
| 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 | $911,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $213,571 |
| Compensation of current officers, directors, key employees. | $68,511 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,137 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,943 |
| Fees for services: Accounting | $13,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,790 |
| Advertising and promotion | $13,171 |
| Office expenses | $20,109 |
| Information technology | $73,062 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,465 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,628 |
| All other expenses | $3,396 |
| Total functional expenses | $537,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,052 |
| Savings and temporary cash investments | $7,970,509 |
| 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 | $4,439 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,440,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,529,087 |
| Accounts payable and accrued expenses | $11,350 |
| Grants payable | $6,961,528 |
| Deferred revenue | $335,657 |
| 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 | $7,308,535 |
| Net assets without donor restrictions | $2,220,552 |
| 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 | $9,529,087 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Bankers Assn Voluntary Employees Beneficiary Assn Jefferson City, MO | $2,356,432 | $19,700,866 |
Operating Engineers Local No 148 Health And Welfare Trust St Louis, MO | $5,604,661 | $2,877,917 |
Philanthropy Colorado Arvada, CO | $1,081,187 | $693,444 |
Kansas Association Of Community Foundations Washington, KS | $9,529,087 | $911,940 |
Northwest Pipeline Voluntary Employees Beneficiary Association Tulsa, OK | $8,199,003 | $401,361 |
Crew Charleston Chapter Lawrence, KS | $132,346 | $0 |
Philanos Leawood, KS | $299,008 | $226,003 |
Rotary Club Of Leawood Kansas Charitable Fund Inc Leawood, KS | $436,228 | $0 |
Missouri National Education Association Charitable Fund Jefferson City, MO | $168,807 | $0 |
Association Of Fundraising Professionals Wichita, KS | $66,991 | $0 |
Friends Of The Lab School Kirkwood, MO | $2,104 | $0 |
Kate Frank Manor Religious & Charitable Association Inc Muskogee, OK | $31,875 | $14,908 |