Fisher Governor Foundation is located in Marshalltown, IA. The organization was established in 1952. 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. Fisher Governor 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 12/2023, Fisher Governor Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $294.0k during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Fisher President | 1 | $0 | |
Sharon Greer Vice-President | 1 | $0 | |
Karn Gregoire Secretary/treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $897,481 |
| Interest on Savings | $1,022 |
| Dividends & Interest | $6,195 |
| Net Rental Income | -$50,295 |
| Net Gain on Sale of Assets | -$1,056 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $3,193 |
| Other Income | $32,028 |
| Total Revenue | $1,011,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $88,306 |
| Pension plans, employee benefits | $3,046 |
| Interest | $1,918 |
| Taxes | $6,755 |
| Depreciation | $32,977 |
| Occupancy | $47,187 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81,572 |
| Total operating and administrative expenses | $293,993 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $293,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $651,462 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $192,342 |
| Net Land, buildings, and equipment | $4,940,056 |
| Other assets | $0 |
| Total assets | $5,783,860 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,851 |
| Total liabilities | $2,851 |