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Nonprofiteer
← COMMUNITY FOUNDATION OF GREATER HUNTSVILLE

Form 990 for tax year 2022

Filed by COMMUNITY FOUNDATION OF GREATER HUNTSVILLE.

Totals

Total revenue
$14,359,826
Total expenses
$11,421,752
Contributions and grants received
$12,744,026
Grants paid
$10,277,669
Program service revenue
$0
Investment income
$1,055,183
Other revenue
$560,617
Total assets, end of year
$46,091,896
Total liabilities, end of year
$6,165,823
Net assets or fund balances, end of year
$39,926,073
Program services expenses (Part IX)
$11,117,912
Management and general expenses
$130,946
Fundraising expenses
$172,894
Program service expenses (Part III)
$11,117,912

Program services were 97.3% 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.

  • 1c · Fundraising events

    $12,490

  • 1f · All other contributions, gifts and grants

    $12,731,536

  • 1g · Noncash contributions included above

    $3,107,025

  • 3 · Investment income

    total $850,269 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $8,864,238 · other assets $230,000

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

    securities $8,655,722 · other assets $233,602

  • 7c · Gain or loss

    securities $208,516 · other assets -$3,602

  • 7d · Net gain or loss

    total $204,914 · related or exempt $204,914 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $387,462

  • 8a · Fundraising events: contributions included on line 1c

    $12,490

  • 8b · Fundraising events: direct expenses

    $229,796

  • 8c · Net income from fundraising events

    total $157,666 · unrelated business $0 · excluded $157,666

  • 11a · Other revenue: ADMINISTRATIVE FEES

    total $402,951 · related or exempt $402,951 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $402,951

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,277,669 · program services $10,277,669

  • 5 · Compensation of officers, directors and key employees

    total $112,040 · program services $67,224 · management and general $11,204 · fundraising $33,612

  • 7 · Other salaries and wages

    total $234,663 · program services $140,777 · management and general $23,466 · fundraising $70,420

  • 8 · Pension plan contributions

    total $9,501 · program services $5,700 · management and general $950 · fundraising $2,851

  • 10 · Payroll taxes

    total $35,293 · program services $21,174 · management and general $3,529 · fundraising $10,590

  • 11b · Fees: legal

    total $950 · program services $0 · management and general $950 · fundraising $0

  • 11c · Fees: accounting

    total $7,860 · program services $0 · management and general $7,860 · fundraising $0

  • 11f · Fees: investment management

    total $421,463 · program services $374,559 · management and general $46,904 · fundraising $0

  • 11g · Fees: other

    total $163 · program services $98 · management and general $16 · fundraising $49

  • 12 · Advertising and promotion

    total $16,507 · program services $9,903 · management and general $1,651 · fundraising $4,953

  • 13 · Office expenses

    total $12,633 · program services $7,579 · management and general $1,263 · fundraising $3,791

  • 16 · Occupancy

    total $36,059 · program services $21,633 · management and general $3,606 · fundraising $10,820

  • 17 · Travel

    total $5,239 · program services $3,143 · management and general $524 · fundraising $1,572

  • 19 · Conferences, conventions and meetings

    total $6,260 · program services $3,756 · management and general $626 · fundraising $1,878

  • 20 · Interest

    total $120,000 · program services $120,000 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $2,867 · program services $1,720 · management and general $287 · fundraising $860

  • 23 · Insurance

    total $17,613 · program services $0 · management and general $17,613 · fundraising $0

  • 24a · Other expenses: EQUIPMENT EXPENSE

    total $45,378 · program services $27,224 · management and general $4,538 · fundraising $13,616

  • 24b · Other expenses: MISCELLANEOUS

    total $50,197 · program services $30,115 · management and general $5,020 · fundraising $15,062

  • 24c · Other expenses: WEBSITE

    total $1,243 · program services $746 · management and general $124 · fundraising $373

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $8,154 · program services $4,892 · management and general $815 · fundraising $2,447

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,102,335 · end of year $1,379,878

  • 2 · Savings and temporary cash investments

    beginning of year $5,658,612 · end of year $7,041,042

  • 7 · Other notes and loans receivable

    beginning of year $1,222,576 · end of year $913,389

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,599 · end of year $19,788

  • 10a · Land, buildings and equipment: cost or other basis

    $17,117

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,063

  • 10c · Land, buildings and equipment, net

    beginning of year $5,321 · end of year $4,054

  • 11 · Investments: publicly traded securities

    beginning of year $32,994,835 · end of year $30,669,645

  • 15 · Other assets

    beginning of year $6,011,600 · end of year $6,064,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,861 · end of year $18,685

  • 18 · Grants payable

    beginning of year $76,950 · end of year $72,450

  • 19 · Deferred revenue

    beginning of year $59,500 · end of year $44,688

  • 25 · Other liabilities

    beginning of year $6,000,000 · end of year $6,030,000

  • 27 · Net assets without donor restrictions

    beginning of year $33,099,736 · end of year $33,531,651

  • 28 · Net assets with donor restrictions

    beginning of year $8,757,831 · end of year $6,394,422

Mission and programs · 2022

Mission

MOBILIZING GENEROSITY TO IMPROVE QUALITY OF LIFE IN OUR COMMUNITY.

  • The Community Foundation administers donor advised funds, designated funds, field of interest funds, agency funds, and scholarship funds.

    Expenses $10,723,114 · Grants $9,964,524 · Revenue $13,590,667

  • The Compass Society awarded a grant of $57,165 to Village of Promise and a grant of $50,000 to Launch 2035 for the Singing River Trail project. In addition, the Compass Endowment had a balance at the end of 2022 of $983,541.

    Expenses $126,234 · Grants $107,165 · Revenue $296,928

  • The Women's Philanthropy Society, which focused on safety, security, and stability issues facing women and families, awarded a grant of $50,000 to First Stop and a grant of $50,000 to the National Children's Advocacy Center. In addition, the Women's Endowment had a balance at the end of 2022 of $233,042.

    Expenses $151,592 · Grants $100,000 · Revenue $213,214

  • The Racial Equity Fund selected twelve nonprofits to receive $90,000 in grants to help close equity gaps based on race. In addition, the Racial Equity Endowment had a balance at the end of 2022 of $227,450.

    Expenses $99,003 · Grants $90,000 · Revenue $147,380

  • The members of give256 awarded $15,980 in grants to six nonprofit organizations, which gave emerging philanthropists a voice and a greater impact with their generosity. In addition, the give256 Endowment had a balance at the end of 2022 of $59,224.

    Expenses $17,969 · Grants $15,980 · Revenue $111,637

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ginger Harper

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Ray White

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Mike Demaioribus

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Lynn Troy

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Mike Lowe

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Clay Hagan

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Frank Williams

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brad Garland

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Penny Billings

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jessica Hovis Smith

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gw Boon III

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jay Dryden

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cecilia Showalter

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chris Hinson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • George Smith

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kristina Hendrix

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tina Watts

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Melissa Thompson

    CEO/PRESIDENT

    Total calculated
    $115,401
    From this org
    $0
    From related orgs
    $112,040
    Other
    $3,361
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
28 August 2023
IRS schema version
2022v5.0
Source object
202312409349300141

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.