Boyden Community Foundation is located in Boyden, IA. The organization was established in 2005. 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. Boyden Community 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 12/2022, Boyden Community Foundation generated $168.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $84.8k during the year ending 12/2022. While expenses have increased by 4.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
STRENGTHENING THE FOUNDATION OF OUR COMMUNITY BY CONNECTING PEOPLE, RESOURCES, AND NEEDS WITHIN THE CITY OF BOYDEN, IA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Damstra President | 0.5 | $0 | |
Darwin Boer Vice Preside | 0.5 | $0 | |
Doug Beukelman Treasurer | 1 | $0 | |
Debbie Alexander Secretary | 0.5 | $0 | |
Dave Frick Director | 0.5 | $0 | |
Tami Kamies Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,608 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,551 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $765 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,722 |
| Total expenses | $84,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $339,028 |
| Other assets | $0 |
| Total assets | $339,028 |
| Total liabilities | $0 |
| Net assets or fund balances | $339,028 |
Over the last fiscal year, Boyden Community Foundation has awarded $26,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OTTER VALLEY GOLF COURSE PURPOSE: IMP & OPERATIONS | $16,500 |
BOYDEN ECONOMIC DEVELOPMENT CORP PURPOSE: ECONOMIC DEVELOPMENT | $10,000 |