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Nonprofiteer
← IOWA CATHOLIC RADIO FOUNDATION

Form 990 for tax year 2022

Filed by IOWA CATHOLIC RADIO FOUNDATION.

Totals

Total revenue
$352,003
Total expenses
$206,083
Contributions and grants received
$401,519
Grants paid
$21,316
Program service revenue
$0
Investment income
-$49,516
Other revenue
$0
Total assets, end of year
$666,086
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$666,086
Program services expenses (Part IX)
$192,726
Management and general expenses
$10,477
Fundraising expenses
$2,880
Program service expenses (Part III)
$192,726

Program services were 93.5% 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.

  • 1a · Federated campaigns

    $220,664

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $180,855

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total -$49,516 · related or exempt -$49,516 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $0

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

    $180,855

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,316 · program services $21,316

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

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

  • 6 · Compensation of disqualified persons

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

  • 7 · Other salaries and wages

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

  • 8 · Pension plan contributions

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

  • 9 · Other employee benefits

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

  • 10 · Payroll taxes

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

  • 11a · Fees: management

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

  • 11b · Fees: legal

    total $2,155 · program services $0 · management and general $2,155 · fundraising $0

  • 11c · Fees: accounting

    total $4,762 · program services $0 · management and general $4,762 · fundraising $0

  • 11d · Fees: lobbying

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

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $1,683 · program services $0 · management and general $1,683 · fundraising $0

  • 11g · Fees: other

    total $1,405 · program services $930 · management and general $460 · fundraising $15

  • 12 · Advertising and promotion

    total $6,556 · program services $6,556 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $11,447 · program services $11,279 · management and general $168 · fundraising $0

  • 14 · Information technology

    total $17,865 · program services $15,000 · management and general $0 · fundraising $2,865

  • 15 · Royalties

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

  • 16 · Occupancy

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

  • 17 · Travel

    total $4,398 · program services $4,398 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

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

  • 19 · Conferences, conventions and meetings

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

  • 20 · Interest

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

  • 21 · Payments to affiliates

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

  • 22 · Depreciation, depletion and amortization

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

  • 23 · Insurance

    total $1,249 · program services $0 · management and general $1,249 · fundraising $0

  • 24a · Other expenses: Contract Labor

    total $7,500 · program services $7,500 · management and general $0 · fundraising $0

  • 24b · Other expenses: Event Expenses

    total $24,747 · program services $24,747 · management and general $0 · fundraising $0

  • 24c · Other expenses: Venue Rental

    total $23,500 · program services $23,500 · management and general $0 · fundraising $0

  • 24d · Other expenses: Concert Talent

    total $77,500 · program services $77,500 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $133,279 · end of year $187,945

  • 4 · Accounts receivable

    beginning of year $5,500 · end of year $1,875

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,312 · end of year $312

  • 12 · Investments: other securities

    beginning of year $387,524 · end of year $474,403

  • 14 · Intangible assets

    beginning of year $1,551 · end of year $1,551

  • 17 · Accounts payable and accrued expenses

    end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $15,000 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $520,166 · end of year $666,086

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

Iowa Catholic Radio Foundation (the "Foundation") is a private foundation and nonprofit corporation organized under the laws of the State of Iowa. It has been established to raise funds and utilize those funds to support Iowa Catholic Radio and other Catholic media outlets as they fulfillreligious and/or charitable purposes as set forth in 26 U.S.C. § 501 (c)(3). All of the funds raised by the Foundation will be utilized solely for said religious and/or charitable purposes and for the general operations necessary to maintain the Foundation itself.

  • Conducted the second annual Celebrate Country Concert The purpose of the concert was to build community and secondarily raise funds for the Foundation.

    Expenses $192,726 · Revenue $180,855

  • There is only one program service

As filed on the 2022 return.

Listed in Part VII

  • Terry Handley

    Director

    Total calculated
    $0
    Hours/week
    2

  • Tom Jackowski

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Steven Aviles

    Director

    Total calculated
    $0
    Hours/week
    2

  • Joe Teeling

    President

    Total calculated
    $0
    Hours/week
    2

  • Justin Doyle

    Vice President

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Joe Pollpeter

    Director

    Total calculated
    $0
    Hours/week
    2

  • Don Siebel

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Joe Lane

    Director

    Total calculated
    $0
    Hours/week
    2

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
2022
Filed
15 March 2023
IRS schema version
2022v5.0
Source object
202303189349301900

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

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