Arrowhead West Endowment Association
- Assets
- $104.0m
- Revenue
- $3.5m
- Investments
- $16.2m
- Employees
- 0
- Location
- Dodge City, KS
- Founding
- 12/1991
- Data as of
- 12/2020
- EIN
- 48-1105382
Organization Overview
Arrowhead West Endowment Association is located in Dodge City, KS. The organization was established in 1991. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrowhead West Endowment Association 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 12/2020, Arrowhead West Endowment Association generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $313.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OWN, OPERATE, LEASE, RENT, ACQUIRE, HOLD, MANAGE, SELL, BUILD OR TRADE REAL ESTATE AND PERSONAL PROPERTY IN ANY WAY DEEMED BENEFICIAL FOR OPERATING EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. CONDUCT FUNDRAISING CAMPAIGNS AND RECEIVE CONTRIBUTIONS TO BE INVESTED, AND THE INCOME THEREOF MAY BE TRANSFERRED TO ARROWHEAD WEST, INC., A KANSAS CORPORATION, TO BE USED TO FURTHER ITS NONPROFIT ACTIVITIES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE; OR FOR OTHER CHARITABLE PURPOSES OR ENTITIES AS DESIGNATED FROM TIME TO TIME BY THE BOARD OF DIRECTORS OF ARROWHEAD WEST, INC., SO LONG AS SUCH PURPOSES OR ENTITIES QUALIFY AS TAX EXEMPT ORGANIZATIONS WITHIN THE MEANING OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS IN ORDER TO PROVIDE FOR THE PERPETUAL SUPPORT AND ADVANCEMENT OF THE PURPOSES OF ARROWHEAD WEST, INC. AND ITS SERVICES TO PEOPLE WITH INTELLECTUAL AND OR DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Pendergast Director | OfficerTrustee | 1 | $24,800 |
Kelly Mason Vice-Chairperson | OfficerTrustee | 1 | $800 |
Mike Stein Director | OfficerTrustee | 1 | $800 |
Mike Doll Secretary | OfficerTrustee | 1 | $800 |
Steve Stein Chairperson | Trustee | 1 | $800 |
Lori Pendergast President | Trustee | 1 | $800 |
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 | $31,277 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,277 |
| Total Program Service Revenue | $0 |
| Investment income | $1,004,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,511,491 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,547,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $29,400 |
| 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 | $56,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,126 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,421 |
| Travel | $487 |
| 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 | $200,000 |
| Depreciation, depletion, and amortization | $3,064 |
| Insurance | $3,678 |
| All other expenses | $859 |
| Total functional expenses | $313,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,849,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,142,770 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35,230 |
| Investments—publicly traded securities | $84,765,503 |
| Investments—other securities | $16,212,103 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,004,876 |
| 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 | $93,544,380 |
| Net assets with donor restrictions | $10,460,496 |
| 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 | $104,004,876 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arrowhead West Endowment Association has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Bbrbjb Charitable Trust Pretty Prairie, KS PURPOSE: UNRESTRICTED | $3,000 |
Endowment Analysis
| Beg. Balance | $28,149,102 |
| Earnings | $2,555,065 |
| Admin Expense | $915,565 |
| Net Contributions | $61,658 |
| Ending Balance | $29,850,260 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swope Community Enterprises Kansas City, MO | $0 | -$1,888,854 |
Waterstone Supporting Organization Trust 1 Colorado Springs, CO | $40,765,931 | $77,364,111 |
Tulsas Future Inc Tulsa, OK | $2,018,642 | $4,150,136 |
Ladies Union Benevolent Association St Joseph, MO | $16,215,368 | $4,268,127 |
Oklahoma City Economic Development Foundation Inc Oklahoma City, OK | $2,119,683 | $2,021,989 |
National Association Of Electrical Distributors Education Foundation St Louis, MO | $19,969,630 | $3,274,087 |
Creighton Dental Qalicb Inc Omaha, NE | $58,173,712 | $318,000 |
Highlander Phase I Qalicb Inc Omaha, NE | $24,103,706 | $743,746 |
Jefferson Economic Council Golden, CO | $667,192 | $968,680 |
Community Foundation Of The Ozarks Stock Tr Springfield, MO | $1,328,697 | $902,604 |
Tcfso Boulder, CO | $334,043 | $515,254 |
Kansas Pork Association Manhattan, KS | $1,681,592 | $939,410 |