Yellow Springs Community Foundation
- Assets
- $21.8m
- Revenue
- $3.5m
- Investments
- $2.3m
- Employees
- 28
- Location
- Yellow Springs, OH
- Founding
- 09/1974
- Data as of
- 12/2021
- EIN
- 23-7372791
Organization Overview
Yellow Springs Community Foundation is located in Yellow Springs, OH. The organization was established in 1974. 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 12/2021, Yellow Springs Community Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellow Springs 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 12/2021, Yellow Springs Community Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.1% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 19.5% 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, Yellow Springs Community Foundation has awarded 150 individual grants totaling $2,908,669. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE COMMUNITY LIFE IN YELLOW SPRINGS AND MIAMI TOWNSHIP BY PROVIDING MEANS FOR CHARITABLE GIVING AND GRANT MAKING THAT FUND A BROAD RANGE OF ACIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFITS THE CITIZENS OF YELLOW SPRINGS AND MIAMI TOWNSHIP BY AWARDING GRANTS TO OTHER NON-PROFIT ORGANIZATIONS AND SCHOLARSHIPS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannamarie Cox Executive Director | Officer | 45 | $111,922 |
Kathryn Walter Program Manager | Officer | 45 | $49,865 |
Kim Kremer Financial Manager | Officer | 7 | $14,369 |
Rich Bullock Vice President | OfficerTrustee | 2 | $0 |
Lisa Abel President | OfficerTrustee | 3 | $0 |
Matt Denman Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,918,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,961,760 |
| Total Program Service Revenue | $10,377 |
| Investment income | $330,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,167,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,493,724 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,038,324 |
| Grants and other assistance to domestic individuals. | $33,016 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,154 |
| Compensation of current officers, directors, key employees. | $38,039 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,277 |
| Payroll taxes | $18,649 |
| Fees for services: Management | $20,700 |
| Fees for services: Legal | $825 |
| Fees for services: Accounting | $59,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,448 |
| Advertising and promotion | $18,810 |
| Office expenses | $9,360 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,468 |
| Travel | $775 |
| 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 | $0 |
| Insurance | $2,382 |
| All other expenses | $3,073 |
| Total functional expenses | $1,831,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,428 |
| Savings and temporary cash investments | $362,048 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,928,267 |
| Investments—other securities | $2,284,920 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,754,663 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,390,319 |
| Total liabilities | $2,390,319 |
| Net assets without donor restrictions | $19,129,774 |
| Net assets with donor restrictions | $234,570 |
| 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 | $21,754,663 |
Grants Awarded
Over the last fiscal year, Yellow Springs Community Foundation has awarded $602,242 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Yellow Springs, OH PURPOSE: GENERAL SUPPORT | $153,785 |
WYSO PUBLIC RADIO PURPOSE: GENERAL SUPPORT | $77,100 |
VILLAGE OF YELLOW SPRINGS PURPOSE: GENERAL SUPPORT | $47,707 |
Yellow Springs, OH PURPOSE: GENERAL SUPPORT | $43,940 |
Yellow Springs, OH PURPOSE: GENERAL SUPPORT | $35,309 |
YS SENIOR CITIZENS INC PURPOSE: GENERAL SUPPORT | $31,176 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Yellow Springs Community Foundation has recieved totaling $157,088.
| Awarding Organization | Amount |
|---|---|
Every Org San Francisco, CA PURPOSE: ONLINE SUPPORT FOR CHARITABLE PURPOSES | $51,455 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $50,500 |
Morgan Family Foundation Yellow Springs, OH PURPOSE: (COMPETITIVE) YELLOW SPRINGS COMMUNITY SUPPORT, YEAR 2 OF 3 | $50,000 |
Morgan Family Foundation Yellow Springs, OH PURPOSE: (COMPETITIVE) COVID-19 RELATED HOUSING AND UTILITIES ASSISTANCE | $4,000 |
Levin Family Foundation Dayton, OH PURPOSE: GENERAL FUNDING | $500 |
Dewine Family Foundation Inc Cincinnati, OH PURPOSE: COMMUNITY ACTIVITIES | $500 |
Endowment Analysis
| Beg. Balance | $12,391,544 |
| Earnings | $1,505,425 |
| Admin Expense | $4,812 |
| Net Contributions | $271,263 |
| Other Expense | $289,337 |
| Grants | $973,115 |
| Ending Balance | $12,900,968 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster County Community Foundation Lancaster, PA | $92,463,036 | $19,491,842 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Stark Community Foundation Inc Canton, OH | $373,666,840 | $68,744,620 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
Community Foundation Of Greater Johnstown Johnstown, PA | $89,313,800 | $19,729,908 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |