William Butterworth Foundation
- Assets
- $49.1m
- Revenue
- $3.7m
- Investments
- $37.0m
- Employees
- 0
- Location
- Moline, IL
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4274627
Organization Overview
William Butterworth Foundation is located in Moline, IL. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Butterworth 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, William Butterworth Foundation generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVES AND PROVIDES HISTORICAL HOMES TO NOT-FOR-PROFIT AND COMMUNITY ORGANIZATIONS AT NO COST. SEE ATTACHED GENERAL EXPLANATION.
SPONSOR A WIDE VARIETY OF EVENTS, CONCERTS, TOURS, SCHOOL PROGRAMS, WORKSHOPS, AND OTHER EDUCATIONAL PROGRAMS. SEE ATTACHED GENERAL EXPLANATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy L Klingler Executive Director | 40 | $99,896 | |
Gretchen Small Program Director | 40 | $84,754 | |
Janet Stoffer Dir Of Ops & Admin | 40 | $74,576 | |
Wade Schott Building Supervisor | 40 | $66,317 | |
Susan Anderson Community Relations | 40 | $57,000 | |
Charlotte Doehler-Morrison Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wells Fargo Bank | 12/30/21 | $117,080 |
Builders Sales & Service Co | 12/30/21 | $150,000 |
Per Mar Security & Research Corp | 12/30/21 | $81,165 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $279,321 |
| Interest on Savings | $24 |
| Dividends & Interest | $574,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,790,429 |
| Capital Gain Net Income | $2,790,723 |
| Net ST Capital Gain | $59,213 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,595 |
| Total Revenue | $3,652,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $615,788 |
| Pension plans, employee benefits | $121,971 |
| Interest | $0 |
| Taxes | $123,158 |
| Depreciation | $284,031 |
| Occupancy | $384,206 |
| Travel, conferences, and meetings | $197 |
| Printing and publications | $0 |
| Other expenses | $149,637 |
| Total operating and administrative expenses | $1,825,944 |
| Contributions, gifts, grants paid | $15,724 |
| Total expenses and disbursements | $1,841,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $893,614 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $9,000 |
| 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 | $91,637 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,451,700 |
| Investments—other | $16,081,010 |
| Net Land, buildings, and equipment | $11,025,265 |
| Other assets | $36,703 |
| Total assets | $49,072,473 |
| Accounts payable and accrued expenses | $91,391 |
| 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 | $191,523 |
| Total liabilities | $282,914 |
Grants Awarded
Over the last fiscal year, William Butterworth Foundation has awarded $15,724 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Davenport, IA PURPOSE: SCHOLARSHIPS | $2,500 |
Moline, IL PURPOSE: SCHOLARSHIPS | $2,500 |
WESTERN ILLINOIS UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS | $2,500 |
Bettendorf, IA PURPOSE: SCHOLARSHIPS | $2,500 |
Rock Island, IL PURPOSE: SCHOLARSHIPS | $2,500 |
MOLINE HIGH SCHOOL PURPOSE: ENGLISH DEPARTMENT LITERATURE GRANT | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that William Butterworth Foundation has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Lowell N Johnson Charitable Foundation Moline, IL PURPOSE: CHARITABLE SUPPORT | $12,000 |
Churchill Family Charitable Foundation Moline, IL PURPOSE: FOR PROGRAM SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Community Health Ctr Of Central Missouri Jefferson City, MO | $23,228,826 | $19,931,072 |
Progressive Housing Inc Olympia Fields, IL | $9,843,151 | $16,511,202 |
Service Inc Of Illinois Joliet, IL | $4,263,062 | $14,668,077 |
Behavioral Healthcare Services Inc Owensboro, KY | $8,995,827 | $13,461,445 |
Paraquad Inc St Louis, MO | $25,560,219 | $14,042,236 |
Urban Strategies Inc Saint Louis, MO | $8,412,015 | $14,857,524 |
Operation Threshold Inc Waterloo, IA | $5,831,083 | $12,392,663 |
Pioneer Center For Human Services Mchenry, IL | $8,285,691 | $11,622,289 |
Community Alternatives Unlimited Chicago, IL | $6,938,632 | $11,063,143 |
Faith Healthcare Louisville, KY | $3,715,273 | $10,559,306 |
Rimland Services Nfp Evanston, IL | $9,728,915 | $10,325,660 |