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← FERGUS FALLS YMCA FOUNDATION

Form 990 for tax year 2024

Filed by FERGUS FALLS YMCA FOUNDATION.

Totals

Total revenue
$50,090
Total expenses
$30,556
Contributions and grants received
$19,320
Grants paid
$27,520
Program service revenue
$0
Investment income
$30,770
Other revenue
$0
Total assets, end of year
$637,169
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$637,169
Program services expenses (Part IX)
$27,620
Management and general expenses
$2,936
Fundraising expenses
$0
Program service expenses (Part III)
$27,620

Program services were 90.4% 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

    $19,320

  • 3 · Investment income

    total $12,543 · excluded $12,543

  • 7a · Gross sales of assets other than inventory

    other assets $18,227

  • 7c · Gain or loss

    other assets $18,227

  • 7d · Net gain or loss

    total $18,227 · excluded $18,227

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,520 · program services $27,520

  • 11c · Fees: accounting

    total $787 · management and general $787

  • 11f · Fees: investment management

    total $2,149 · management and general $2,149

  • 24a · Other expenses: SUPPLIES

    total $100 · program services $100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $48,995 · end of year $19,954

  • 11 · Investments: publicly traded securities

    beginning of year $523,358 · end of year $617,215

  • 27 · Net assets without donor restrictions

    beginning of year $572,353 · end of year $637,169

Mission and programs · 2024

Mission

THE PURPOSE OF THE FERGUS FALLS YMCA FOUNDATION IS TO HELP PROVIDE A SECURE SOURCE OF FUNDING FOR THE FUTURE DEVELOPMENT OF THE FERGUS FALLS AREA FAMILY YMCA, AS WELL AS PROVIDE SOME OPERATIONAL FUNDING.

  • IN 2024, THE FERGUS FALLS YMCA FOUNDATION SUPPORTED THE FERGUS FALLS AREA FAMILY YMCA BY DONATING 27,520 TOWARDS VARIOUS IMPROVEMENT PROJECTS AND THE ANNUAL GIVING CAMPAIGN.

    Expenses $27,620 · Grants $27,520

As filed on the 2024 return.

Listed in Part VII

  • Jean Bowman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roger Erstad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dick Felstul

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Lundeen

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Chris Marvel

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Ann Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rob Ronning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Smith

    ACTING PRES/

    Total calculated
    $0
    Hours/week
    1
  • Jeff Stanislawski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ben Underwood

    PRESIDENT

    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
27 January 2026
IRS schema version
2024v5.0
Source object
202630279349301773

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