Brooklyn Community Foundation Inc
- Assets
- $659.2k
- Revenue
- $138.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, IA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 42-1479364
Organization Overview
Brooklyn Community Foundation Inc is located in Brooklyn, IA. The organization was established in 1999. 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. Brooklyn Community Foundation Inc 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, Brooklyn Community Foundation Inc generated $138.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $148.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Brooklyn Community Foundation Inc has awarded 25 individual grants totaling $529,516. 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 PROVIDE SUPPORT TO THE BROOKLYN, IOWA COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVEMENT PROJECTS AND GRANTS IN SUPPORT OF THE BROOKLYN, IOWA COMMUNITY. IN 2021, BCF SUPPORTED THE FOLLOWING INITIATIVES IN PURSUIT OF ITS MISSION:BGM COMMUNITY SCHOOL DISTRICT SUPPORT - RAISE FUNDS AND SUPPORT THE SCHOOLS, INCLUDING BUT NOT LIMITED TO RENOVATIONS AND IMPROVEMENTS TO THE BASEBALL FIELD AND ASSISTANCE WITH SCHOOL PROGRAMS SUCH AS THE BROOKLYN AQUATIC CLUB, WRESTLING, AND PROM.EAST POWESHIEK AMBULANCE SERVICE - RAISE FUNDS AND SUPPORT FOR THE LOCAL EMERGENCY RESPONSE SERVICES.FIRE DEPARTMENT - RAISE FUNDS AND PROVIDE SUPPORT FOR THE BROOKLYN FIRE DEPARTMENT.JOHN WAYNE MARKER - RAISE FUNDS AND PROVIDE SUPPORT FOR A JOHN WAYNE MARKER IN BROOKLYN, IOWA.BROOKLYN HISTORICAL - RAISE FUNDS, PROVIDE SUPPORT, AND OFFER TOURS FOR THE BROOKLYN IOWA MUSEUM.BROOKLYN FOOD BANK/BEAR BAGS - PROVIDES SERVICES TO CHILDREN IN NEED SUCH AS FOOD, SUPPLIES, SPORTS EQUIPMENT, GRIEF BOOKS, AND READING AID.MICHAEL J MANATT COMMUNITY CENTER - RAISE FUNDS AND PROVIDE SUPPORT FOR IMPROVEMENTS TO THE COMMUNITY CENTER THAT IS USED FOR VARIOUS ACTIVITIES IN THE COMMUNITY.BEAR CREEK TRAP - RAISE FUNDS AND PROVIDE SUPPORT FOR IMPROVEMENTS TO THE SHOOTING/TRAP RANGE NORTHWEST OF BROOKLYN, IOWA.LANDES LADIES - RAISE FUNDS FOR RENOVATION OF THE CITY PARK TO BENEFIT THE COMMUNITY CHILDREN AND RESTORATION OF COMMUNITY PROPERTY.YOUTH SPORTS FOUNDATION - RAISE FUNDS AND PROVIDE SUPPORT FOR THE LOCAL 5TH AND 6TH GRADE COMMUNITY FOOTBALL TEAMS.PIE KELLER - RAISE FUNDS TO CREATE AND MAINTAIN A MEMORIAL INCLUDING A STATUE HONORING HAROLD "PIE" KELLER AND HIS PRESENCE AT IWO JIMA.
COMMUNITY ENGAGEMENT THROUGH ATHLETICS: BCF PROVIDES SUPPORT FOR GROUPS WITHIN THE BROOKLYN, IOWA COMMUNITY TO PARTICIPANT IN YOUTH AND ADULT ATHLETICS. IN 2021, BCF ASSISTED WITH THE ADMINISTRATION FOR THE BROOKLYN SOCCER CLUB, BROOKLYN LITTLE LEAGUE, AND BROOKLYN YOUTH BASKETBALL
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Douglas President | OfficerTrustee | 0.5 | $0 |
Lyle Oswood Vice-President | OfficerTrustee | 0.1 | $0 |
Shelly Dunnick Treasurer | OfficerTrustee | 2 | $0 |
Becky Gwin-Lint Secretary | OfficerTrustee | 0.5 | $0 |
Chris Gritsch Director | Trustee | 0.1 | $0 |
Randy Williams Director | Trustee | 0.1 | $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 | $105,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,600 |
| Total Program Service Revenue | $31,631 |
| Investment income | $779 |
| 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 | $138,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $113,837 |
| 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. | $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 | $0 |
| 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 | $34,324 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $148,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249 |
| Savings and temporary cash investments | $305,994 |
| 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 | $352,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $659,178 |
| 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 | $659,178 |
| 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 | $659,178 |
Grants Awarded
Over the last fiscal year, Brooklyn Community Foundation Inc has awarded $95,063 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PIE KELLER PURPOSE: USED TO INSTALL A MEMORIAL STATUE FOR PIE KELLER, ONE OF SIX FLAG RAISERS ATOP MOUNT SURIBACHI ON IWO JIMA | $51,003 |
EAST POWESHIEK AMBULANCE SERVICE PURPOSE: PROVIDE SUPPORT FOR THE LOCAL EMERGENCY RESPONSE SERVICES IN BROOKLYN IOWA | $27,081 |
BROOKLYN FIRE DEPT PURPOSE: PROVIDE SUPPORT FOR THE LOCAL EMERGENCY RESPONSE SERVICES IN BROOKLYN IOWA | $16,979 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Brooklyn Community Foundation Inc has recieved totaling $34,959.
| Awarding Organization | Amount |
|---|---|
Boger Family Foundation Inc Boston, MA PURPOSE: GENERAL CHARITY | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,650 |
Land O L Foundation St Paul, MN PURPOSE: MEMBER CO-OP MATCHES | $2,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |