Form 990 for tax year 2023
Filed by KANSAS ASSOCIATION OF COMMUNITY FOUNDATIONS.
Totals
- Total revenue
- $1,280,535
- Total expenses
- $438,621
- Contributions and grants received
- $685,728
- Grants paid
- $0
- Program service revenue
- $183,218
- Investment income
- $411,589
- Other revenue
- $0
- Total assets, end of year
- $13,002,547
- Total liabilities, end of year
- $9,740,468
- Net assets or fund balances, end of year
- $3,262,079
- Program services expenses (Part IX)
- $283,309
- Management and general expenses
- $152,099
- Fundraising expenses
- $3,213
- Program service expenses (Part III)
- $283,309
Program services were 64.6% 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.
-
1b · Membership dues
$52,850
-
1f · All other contributions, gifts and grants
$632,878
-
2a · Program service revenue: National conference
total $151,368 · related or exempt $151,368
-
2b · Program service revenue: Express training
total $31,850 · related or exempt $31,850
-
3 · Investment income
total $411,589 · excluded $411,589
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $157,191 · program services $60,273 · management and general $94,352 · fundraising $2,566
-
7 · Other salaries and wages
total $3,259 · program services $1,467 · management and general $1,792
-
9 · Other employee benefits
total $852 · program services $520 · management and general $281 · fundraising $51
-
10 · Payroll taxes
total $9,939 · program services $6,063 · management and general $3,280 · fundraising $596
-
11c · Fees: accounting
total $1,000 · management and general $1,000
-
11f · Fees: investment management
total $10,744 · management and general $10,744
-
11g · Fees: other
total $86,800 · program services $73,850 · management and general $12,950
-
12 · Advertising and promotion
total $1,065 · program services $424 · management and general $641
-
13 · Office expenses
total $11,244 · program services $8,429 · management and general $2,815
-
14 · Information technology
total $58,899 · program services $45,097 · management and general $13,802
-
17 · Travel
total $9,712 · program services $7,327 · management and general $2,385
-
19 · Conferences, conventions and meetings
total $79,930 · program services $79,509 · management and general $421
-
23 · Insurance
total $4,439 · management and general $4,439
-
24a · Other expenses: Membership dues
total $3,547 · program services $350 · management and general $3,197
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $114,052 · end of year $89,006
-
2 · Savings and temporary cash investments
beginning of year $7,970,509 · end of year $10,441,426
-
9 · Prepaid expenses and deferred charges
beginning of year $4,439 · end of year $2,976
-
11 · Investments: publicly traded securities
beginning of year $1,440,087 · end of year $2,469,139
-
17 · Accounts payable and accrued expenses
beginning of year $11,350 · end of year $3,799
-
18 · Grants payable
beginning of year $6,961,528 · end of year $9,636,069
-
19 · Deferred revenue
beginning of year $335,657 · end of year $100,600
-
27 · Net assets without donor restrictions
beginning of year $2,220,552 · end of year $3,262,079
Mission and programs · 2023
Mission
The mission of the Kansas Association of Community Foundations (the Association) is to leverage the resources of community foundations in the State of Kansas to strengthen and promote community philanthropy and to inspire action that will improve the quality of life in Kansas communities.
Activities or mission (Part I)
The mission of the Kansas Association of Community Foundations is to leverage the resources of community foundations in the State of Kansas to strengthen and promote community philanthropy and to inspire action that will improve the quality of life in Kansas communities.
-
National Conference - The Association hosted a national conference for growing (rural and small to mid-sized) community foundations. Over 350 participants from 30 states, representing 157 community foundations learned from over 56 speakers on growing community foundations, leadership, finance, administration, technology, public policy and advocacy. Sessions are recorded and made available in our on-line resource library.
Expenses $249,920 · Revenue $151,368
-
A Kansas Experiment, Application of the Sustainable Development Goals by Small and/or Rural Community Foundations - In partnership with the CS Mott Foundation, the Association operated a sustainable development goals (SDGs) program to explore how five Kansas community foundations could embrace SDGs in the work they are already doing or planning to advance to benefit their communities. This two-year program concluded in 2023 with these five community foundations making substantial progress toward their goals. A final report was prepared by Wichita State University's Community Engagement Institute and has been shared with partners across the country.
Expenses $25,438
-
Express Training - the Association operates Express Training which is a 15-module on-line series on starting and growing community foundations including asset development, grant program design, fiduciary and leadership. During 2023, the program helped 54 community foundations, including 19 KACF members.
Expenses $1,691 · Revenue $31,850
-
Other program services
Expenses $6,260
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eric Hozempa
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Holly Launchbaugh
Vice-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Marci Penner
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Marla Brandon
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Becky Goss
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Devin Gorman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ernestor De La Rosa
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Heather Hoy
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Karl Pratt
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kyle Bloom
Board Member (Dec 2023 only)
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Schalla
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Roberts
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Teryn Carmichael
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Lori Huber
Interim Executive Director (Jan 1 to Sep 25)
- Total calculated
- $89,876
- From this org
- $75,410
- From related orgs
- $0
- Other
- $14,466
- Hours/week
- 40
-
Christy Tustin
Executive Director (Sep 25 to Dec 31)
- Total calculated
- $30,775
- From this org
- $29,615
- From related orgs
- $0
- Other
- $1,160
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401289349300135
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