Mclean County Extension Service Foundation
- Assets
- $476.3k
- Revenue
- $82.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 07/1979
- Data as of
- 12/2021
- EIN
- 37-6060276
Organization Overview
Mclean County Extension Service Foundation is located in Bloomington, IL. The organization was established in 1979. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclean County Extension Service 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, Mclean County Extension Service Foundation generated $82.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $55.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PUBLICIZE THE EXTENSION PROGRAM IN AGRICULTURE AND RESOURCE MANAGEMENT, 4-H, AND YOUTH DEVELOPMENT, HOME ECONOMICS AND FAMILY DEVELOPMENT, COMMUNITY RESOURCE DEVELOPMENT, AND PUBLIC AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL ACTIVITIES - TO PROMOTE HOME ECONOMICS AND YOUTH AND PROVIDE EDUCATIONAL OPPORTUNITIES TO PERSONS ASSOCIATED WITH AGRICULTURE. GRANT PAYMENTS MADE TO THE UNIVERSITY OF ILLINOIS TRUST FUND.
MAITLAND AG AWARENESS - TO PROVIDE SCHOOL CLASSROOM GRANTS FOR INCREASED UNDERSTANDING OF AGRICULTURE AWARENESS.GRANTS MADE TO:JAYME CORCORAN - $820ANNA HANRAHAN - $917KRISTIN MYERS - $1,000
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Hoffman Treasurer | OfficerTrustee | 1 | $0 |
Ruth Poppe Vice-President | OfficerTrustee | 1 | $0 |
Jeff Marquis President | OfficerTrustee | 1 | $0 |
Barb Wells Secretary | OfficerTrustee | 1 | $0 |
Kevin Birlingmair Board Member | Trustee | 1 | $0 |
Brian Buss Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,430 |
| Total Program Service Revenue | $0 |
| Investment income | $215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,733 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $232 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,788 |
| Grants and other assistance to domestic individuals. | $2,737 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,689 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $0 |
| Insurance | $916 |
| All other expenses | $1,401 |
| Total functional expenses | $55,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,126 |
| Savings and temporary cash investments | $93,179 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $323,995 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $476,300 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $476,300 |
| 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 | $476,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mclean County Extension Service Foundation has recieved totaling $57,916.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $57,725 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $191 |
Endowment Analysis
| Beg. Balance | $365,409 |
| Earnings | $35,513 |
| Ending Balance | $400,922 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |
Indiana Corn Marketing Council Indianapolis, IN | $5,137,582 | $5,167,221 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |
Illinois Crop Improvement Assn Champaign, IL | $3,787,819 | $4,780,035 |
Indiana Crop Improvement Assn Inc Lafayette, IN | $5,728,593 | $3,567,413 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |