Skip to content
Nonprofiteer
← BLACK RIVER FALLS AREA FOUNDATION

Form 990 for tax year 2023

Filed by BLACK RIVER FALLS AREA FOUNDATION.

Totals

Total revenue
$1,116,206
Total expenses
$492,423
Contributions and grants received
$571,040
Grants paid
$414,151
Program service revenue
$0
Investment income
$543,777
Other revenue
$1,389
Total assets, end of year
$5,563,799
Total liabilities, end of year
$193,384
Net assets or fund balances, end of year
$5,370,415
Program services expenses (Part IX)
$434,746
Management and general expenses
$34,857
Fundraising expenses
$22,820
Program service expenses (Part III)
$434,746

Program services were 88.3% 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.

  • 1f · All other contributions, gifts and grants

    $571,040

  • 3 · Investment income

    total $543,777 · excluded $543,777

  • 7a · Gross sales of assets other than inventory

    securities $195,065

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

    securities $195,065

  • 7c · Gain or loss

    securities $0

  • 7d · Net gain or loss

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $1,389 · excluded $1,389

  • 11e · Other revenue, total

    $1,389

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $320,151 · program services $320,151

  • 2 · Grants to domestic individuals

    total $94,000 · program services $94,000

  • 5 · Compensation of officers, directors and key employees

    total $21,576 · program services $7,192 · management and general $7,192 · fundraising $7,192

  • 7 · Other salaries and wages

    total $10,924 · program services $3,638 · management and general $3,648 · fundraising $3,638

  • 11c · Fees: accounting

    total $8,270 · management and general $8,270

  • 12 · Advertising and promotion

    total $2,933 · program services $1,158 · management and general $325 · fundraising $1,450

  • 13 · Office expenses

    total $11,892 · program services $3,390 · management and general $3,179 · fundraising $5,323

  • 14 · Information technology

    total $9,396 · program services $2,717 · management and general $3,962 · fundraising $2,717

  • 16 · Occupancy

    total $7,500 · program services $2,500 · management and general $2,500 · fundraising $2,500

  • 23 · Insurance

    total $1,200 · management and general $1,200

  • 24a · Other expenses: MEMBERSHIP FEES

    total $3,878 · management and general $3,878

  • 24b · Other expenses: EQUIPMENT PURCHASES

    total $649 · management and general $649

  • 24c · Other expenses: LICENSING AND REGISTRAT

    total $54 · management and general $54

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $404,587 · end of year $423,842

  • 2 · Savings and temporary cash investments

    beginning of year $735,445 · end of year $200,000

  • 11 · Investments: publicly traded securities

    beginning of year $3,806,803 · end of year $4,939,957

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $6,654

  • 18 · Grants payable

    beginning of year $66,371 · end of year $37,000

  • 25 · Other liabilities

    beginning of year $25,750 · end of year $149,730

  • 27 · Net assets without donor restrictions

    beginning of year $264,441 · end of year $5,154,310

  • 28 · Net assets with donor restrictions

    beginning of year $4,590,273 · end of year $216,105

Mission and programs · 2023

Mission

WE ADDRESS A BROAD RANGE OF COMMUNITY GOALS RATHER THAN FOCUSING ON ONE PARTICULAR ISSUE. IN THIS WAY, WE ARE ABLE TO MEET THE CHANGING NEEDS AND PROVIDE SUPPORT TO WHAT MATTERS MOST TO THE PEOPLE WHO LIVE AND WORK IN THE BLACK RIVER FALLS AREA.

Activities or mission (Part I)

TO ENHANCE THE QUALITY OF LIFE IN THE BLACK RIVER FALLS AREA.

  • FOUNDATION ANNUAL GRANTS PROGRAM: APPLICATIONS APPROVED BY THE BOARD OF TRUSTEES AND PAID FROM EARNINGS FOUNDATION HAS DEDICATED FOR THIS PURPOSE TO VARIOUS APPLICANT ORGANIZATIONS THAT WILL BENEFIT THE BLACK RIVER FALLS AREA. GRANTEES MUST APPLY FOR GRANT DURING DESIGNATED TIME PERIOD.

    Expenses $340,746 · Grants $320,151

  • GRANTS MADE DIRECTLY FROM SPECIFIC FUNDS. REQUESTS ACCEPTED AT ANYTIME THROUGHOUT THE YEAR - NO APPLICATION PROCESS NECESSARY.

    Expenses $94,000 · Grants $94,000

As filed on the 2023 return.

Listed in Part VII

  • Kay A Finch

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Brad Chown

    CO-VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Dave Hoffman

    CO-VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Ashley Ahl

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Michael Dougherty

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Kristi Hanson

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Dennis Young

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jack Taylor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jim Hoffman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mary Beth White-Jacobs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Nicholas Kitowski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julie Murray

    EXECUTIVE DIRECTOR

    Total calculated
    $21,576
    From this org
    $21,576
    From related orgs
    $0
    Other
    $0
    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

  • CITY OF BLACK RIVER FALLS-SKYLINE GOLF COURSE

    $68,396

    BAR REMODEL AND DUBS YOUNG MEMORIAL DECK PROJECT

  • CITY OF BLACK RIVER FALLS MILLS PARK

    $64,185

    UPDATE AND IMPROVE PLAYGROUND EQUIPMENT

  • BLACK RIVER MEMORIAL HOSPITAL

    $49,118

    HELP HOSPITAL START A NON-PROFIT FOUNDATION

  • VILLAGE OF MERRILLAN

    $40,204

    PARK IMPROVMENTS & CHRISTMAS DECORATIONS

  • BLACK RIVER FALLS UNITED METHODIST CHURCH

    $35,000

    DIRECT DISBURSE FOR PETER & JOHN HOFFMAN

  • CITY OF BLACK RIVER FALLS PUBLIC LIBRARY

    $12,000

    DIRECT DISBURSE FROM T&K FINCH AND ANNUAL DISBURSE FOR HISTORY ROOM

  • SLEEP IN HEAVENLY PEACE

    $10,000

    MATERIALS TO BUILD BEDS FOR NEEDY CHILDREN

  • VILLAGE OF ALMA CENTER-FIRE DEPARTMENT

    $9,800

    GRANT FROM ACHM ACF AND DD FROM FINCH FAMILY FOR ANY NEEDS

  • CITY OF BLACK RIVER FALLS FOUNDATION TRAIL

    $8,606

    CONDITION STUDY OF TRAIL

  • JC INTERFAITH CAREFIVERS

    $8,000

    BRF FOUNDATION DONATION TO BUILDING FUND

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349305425

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.