What the amendment changed
Compared with the return it replaced , filed 5 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $2,079,032 changed to $845,861
- Total expenses
- $1,130,176 changed to $746,662
- Contributions and grants received
- $798,255 changed to $776,626
- Grants paid
- $424,884 changed to $456,314
- Investment income
- $684,408 changed to $50,760
- Other revenue
- $596,369 changed to $18,475
- Total assets, end of year
- $7,101,020 changed to $6,890,452
- Total liabilities, end of year
- $431,900 changed to $432,900
- Net assets or fund balances, end of year
- $6,669,120 changed to $6,457,552
- Program services expenses
- $875,137 changed to $478,830
- Management and general expenses
- $251,357 changed to $264,243
- Fundraising expenses
- $3,682 changed to $3,589
- Program service expenses (Part III)
- $875,137 changed to $478,830
Totals
- Total revenue
- $845,861
- Total expenses
- $746,662
- Contributions and grants received
- $776,626
- Grants paid
- $456,314
- Program service revenue
- $0
- Investment income
- $50,760
- Other revenue
- $18,475
- Total assets, end of year
- $6,890,452
- Total liabilities, end of year
- $432,900
- Net assets or fund balances, end of year
- $6,457,552
- Program services expenses (Part IX)
- $478,830
- Management and general expenses
- $264,243
- Fundraising expenses
- $3,589
- Program service expenses (Part III)
- $478,830
Program services were 64.1% 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
$776,626
-
1g · Noncash contributions included above
$12,000
-
3 · Investment income
total $50,760 · excluded $50,760
-
10a · Gross sales of inventory
$1,874
-
10b · Cost of goods sold
$644
-
10c · Net income from sales of inventory
total $1,230 · excluded $1,230
-
11a · Other revenue: CHANGE IN ENDOWMENT FUNDS
total $17,245 · related or exempt $17,245
-
11e · Other revenue, total
$17,245
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $260,943 · program services $260,943
-
2 · Grants to domestic individuals
total $195,371 · program services $195,371
-
5 · Compensation of officers, directors and key employees
total $77,573 · management and general $77,573
-
7 · Other salaries and wages
total $65,228 · management and general $65,228
-
9 · Other employee benefits
total $388 · management and general $388
-
10 · Payroll taxes
total $26,482 · management and general $26,482
-
11c · Fees: accounting
total $4,500 · management and general $4,500
-
11f · Fees: investment management
total $22,500 · program services $22,500
-
11g · Fees: other
total $34,625 · management and general $34,625
-
12 · Advertising and promotion
total $29,577 · management and general $25,988 · fundraising $3,589
-
13 · Office expenses
total $10,684 · program services $16 · management and general $10,668
-
19 · Conferences, conventions and meetings
total $12,739 · management and general $12,739
-
23 · Insurance
total $3,902 · management and general $3,902
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $2,150 · management and general $2,150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $31,697 · end of year $65,694
-
2 · Savings and temporary cash investments
beginning of year $148,519 · end of year $12
-
3 · Pledges and grants receivable
beginning of year $52,000 · end of year $58,550
-
8 · Inventories for sale or use
beginning of year $12,639 · end of year $11,995
-
9 · Prepaid expenses and deferred charges
beginning of year $2,250
-
11 · Investments: publicly traded securities
beginning of year $5,684,953 · end of year $6,663,094
-
15 · Other assets
end of year $91,107
-
17 · Accounts payable and accrued expenses
beginning of year $5,128 · end of year $30,536
-
18 · Grants payable
beginning of year $10,005 · end of year $22,005
-
25 · Other liabilities
beginning of year $337,037 · end of year $380,359
-
27 · Net assets without donor restrictions
beginning of year $4,946,513 · end of year $5,848,465
-
28 · Net assets with donor restrictions
beginning of year $633,375 · end of year $609,087
Mission and programs · 2023
Mission
TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES.
-
QUICK RESPONSE GRANTS: YEAR ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. 51 GRANTS WERE AWARDED TO 44 DIFFERENT NONPROFITS IN OUR AREA.
Expenses $228,914 · Grants $228,914
-
CITY OF HOMER GRANTS PROGRAM: THE CITY OF HOMER AND THE HOMER FOUNDATION HAVE AN AGREEMENT TO ALLOCATE GENERAL OPERATING DOLLARS TO AREA NONPROFITS THROUGH A COMPETETIVE GRANTS RPOCESS. THIS YEAR, 13 ORGANIZATIONS RECEIVED SUPPORT THROUGH THIS PROGRAM WITH GRANTS BETWEEN 4,500 AND 1,000.
Expenses $34,170 · Grants $34,170
-
SCHOLARSHIPS: 19 SCHOLARSHIPS TO SUPPORT AREA STUDENTS IN THEIR POST- SECONDARY EDUCATION. THESE SCHOLARSHIPS VARIED BETWEEN 1,000-7,000.
Expenses $46,000 · Grants $46,000
-
ALL OTHER PROGRAMS.
Expenses $169,746 · Grants $115,800
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael MillerMICHAEL MILLER
EXECUTIVE DI
- Total calculated
- $77,293
- From this org
- $74,320
- From related orgs
- $0
- Other
- $2,973
- Hours/week
- 40
-
Denise PitzmanDENISE PITZMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Paula MartinPAULA MARTIN
TREASURER, V
- Total calculated
- $0
- Hours/week
- 2
-
Ken TaylorKEN TAYLOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Doug BailyDOUG BAILY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Liz DowningLIZ DOWNING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Van HawkinsVAN HAWKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Paul SeatonPAUL SEATON
CGC CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Tom ZitzmannTOM ZITZMANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sara ReinertSARA REINERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William BellWILLIAM BELL
TRUSTEE
- 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
-
$41,045
EMERGENCY AID
-
$32,063
OPERATING SUPPORT
-
$25,046
OPERATING SUPPORT
-
$25,000
OPERATIONS
-
CITY OF HOMER
$20,364
SKATE PARK
-
$15,250
OPERATIONS
-
$11,345
ARTS EDUCATION
-
$8,000
PROGRAM DIR SUPPORT
-
WEST HOMER ELEMENTARY
$8,000
OPERATIONS
-
$7,700
OPERATING SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 February 2026
- IRS schema version
- 2023v6.0
- Source object
- 202640359349301784
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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