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Nonprofiteer
← STOUGHTON COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by STOUGHTON COMMUNITY FOUNDATION INC.

Totals

Total revenue
$372,314
Total expenses
$257,900
Contributions and grants received
$207,962
Grants paid
$221,453
Program service revenue
$0
Investment income
$164,352
Other revenue
$0
Total assets, end of year
$2,342,978
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,342,978
Program services expenses (Part IX)
$221,453
Management and general expenses
$36,447
Fundraising expenses
$0
Program service expenses (Part III)
$221,453

Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $207,962

  • 3 · Investment income

    total $70,303 · excluded $70,303

  • 7a · Gross sales of assets other than inventory

    securities $420,764

  • 7b · Less cost or other basis and sales expenses

    securities $326,715

  • 7c · Gain or loss

    securities $94,049

  • 7d · Net gain or loss

    total $94,049 · excluded $94,049

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $175,953 · program services $175,953

  • 2 · Grants to domestic individuals

    total $45,500 · program services $45,500

  • 11c · Fees: accounting

    total $2,295 · management and general $2,295

  • 11f · Fees: investment management

    total $19,436 · management and general $19,436

  • 13 · Office expenses

    total $2,278 · management and general $2,278

  • 14 · Information technology

    total $3,127 · management and general $3,127

  • 23 · Insurance

    total $848 · management and general $848

  • 24a · Other expenses: POSTAGE & SHIPPING

    total $6,994 · management and general $6,994

  • 24b · Other expenses: MISCELLANEOUS

    total $793 · management and general $793

  • 24c · Other expenses: FOREIGN TAXES

    total $676 · management and general $676

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $323,975 · end of year $387,708

  • 11 · Investments: publicly traded securities

    beginning of year $853,079 · end of year $933,971

  • 15 · Other assets

    beginning of year $1,007,921 · end of year $1,021,299

  • 27 · Net assets without donor restrictions

    beginning of year $2,184,975 · end of year $2,342,978

Mission and programs · 2024

Mission

TO MAKE A DIFFERENCE IN THE LIVES OF AREA RESIDENTS THROUGH CHARITABLE DONATIONS

  • GRANT DISTRIBUTIONS PAID FOR THE LONG-TERM BENEFIT OF STOUGHTON RESIDENTS

    Expenses $221,453 · Grants $221,453

As filed on the 2024 return.

Listed in Part VII

  • Bill Hasz

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Jerry Wendt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Bormett

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Bev Fergus

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Randy Olson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Ron Jake

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Laura Thorpe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jane McGuire

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Todd Fossum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kate Schieldt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
6 October 2025
IRS schema version
2024v5.2
Source object
202512829349302106

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