Indianola Community Youth Foundation
- Assets
- $959.2k
- Revenue
- $165.3k
- Investments
- $29.1k
- Employees
- 1
- Location
- Indianola, IA
- Founding
- 03/2011
- Data as of
- 06/2022
- EIN
- 27-2131250
Organization Overview
Indianola Community Youth Foundation is located in Indianola, IA. The organization was established in 2011. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianola Community Youth 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 06/2022, Indianola Community Youth Foundation generated $165.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $134.4k during the year ending 06/2022. While expenses have increased by 12.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST IN BUILDING COMMUNITY REPUTATION AS COMMITTED TO ITS YOUTH POPULATION BY PROVIDING WAYS TO SUPPORT PROGRAMS AND FACILITIES THAT DIRECTLY BENEFIT YOUNG PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PROGRAMMING AND SUPPORT FOR VARIOUS YOUTH ACTIVITIES AND EVENTS
PROVIDE SUPPORT FOR LOCAL HOMELESS SHELTER REVITALIZATION AND MAINTENANCE.
PROVIDE SUPPORT FOR FOOD PANTRY EXPANSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Litchkey Executive Dir. | Officer | 40 | $42,500 |
Casey Blake President | OfficerTrustee | 2 | $0 |
Abbie Blake Vice President | OfficerTrustee | 2 | $0 |
Gina Piper Treasurer | OfficerTrustee | 1 | $0 |
Lawrence Mcconnell Director | Trustee | 1 | $0 |
Jon Fitzpatrick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,386 |
| Total Program Service Revenue | $0 |
| Investment income | $14,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,270 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,256 |
| 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. | $42,500 |
| Compensation of current officers, directors, key employees. | $21,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,305 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,797 |
| Insurance | $4,391 |
| All other expenses | $21,145 |
| Total functional expenses | $134,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,171 |
| Savings and temporary cash investments | $470,699 |
| 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 | $9,032 |
| Investments—publicly traded securities | $414,215 |
| Investments—other securities | $29,092 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $959,209 |
| Accounts payable and accrued expenses | $2,158 |
| 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 | $2,158 |
| Net assets without donor restrictions | $957,051 |
| 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 | $959,209 |
Grants Awarded
Over the last fiscal year, Indianola Community Youth Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Indianola, IA PURPOSE: HOMELESS SHELTER | $20,000 |
Indianola, IA PURPOSE: BUILDING ADDITION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Indianola Community Youth Foundation has recieved totaling $9,437.
| Awarding Organization | Amount |
|---|---|
Prairie Meadows Race Track & Casino Inc Altoona, IA PURPOSE: Show Choir Drapery | $9,198 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $214 |
Meredith Corporation Foundation Des Moines, IA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Next Door Foundation Inc Milwaukee, WI | $19,682,367 | $23,941,415 |
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
South Dakota Parks & Wildlife Foundation Pierre, SD | $16,275,013 | $484,079 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |
Minnesota Wild Foundation St Paul, MN | $288,254 | $249,908 |
Sports Factory Foundation Chicago, IL | $37,462 | $0 |