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Nonprofiteer
← PARSONS AREA COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by PARSONS AREA COMMUNITY FOUNDATION.

Totals

Total revenue
$837,241
Total expenses
$520,641
Contributions and grants received
$1,058,161
Grants paid
$540,891
Program service revenue
$0
Investment income
$364,602
Other revenue
-$585,522
Total assets, end of year
$11,611,932
Total liabilities, end of year
$3,246,796
Net assets or fund balances, end of year
$8,365,136
Program services expenses (Part IX)
$309,590
Management and general expenses
$181,294
Fundraising expenses
$29,757
Program service expenses (Part III)
$309,590

Program services were 59.5% 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.

  • 1e · Government grants (contributions)

    $21,359

  • 1f · All other contributions, gifts and grants

    $1,036,802

  • 1g · Noncash contributions included above

    $2,269

  • 3 · Investment income

    total $249,399 · excluded $249,399

  • 6a · Gross rents

    real property $9,100

  • 6b · Less rental expenses

    real property $450

  • 6c · Rental income or loss

    real property $8,650

  • 6d · Net rental income or loss

    total $8,650 · excluded $8,650

  • 7a · Gross sales of assets other than inventory

    securities $115,203

  • 7c · Gain or loss

    securities $115,203

  • 7d · Net gain or loss

    total $115,203 · related or exempt $115,203

  • 11a · Other revenue: OTHER

    total $53,572 · related or exempt $53,572

  • 11b · Other revenue: MISC

    total $314 · related or exempt $314

  • 11c · Other revenue: LESS AGENCY FUND INCREASES

    total -$648,058 · related or exempt -$648,058

  • 11e · Other revenue, total

    -$594,172

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $540,891 · program services $540,891

  • 7 · Other salaries and wages

    total $74,812 · management and general $56,109 · fundraising $18,703

  • 10 · Payroll taxes

    total $5,723 · management and general $4,292 · fundraising $1,431

  • 11c · Fees: accounting

    total $52,794 · management and general $52,794

  • 11f · Fees: investment management

    total $27,655 · management and general $27,655

  • 12 · Advertising and promotion

    total $9,623 · fundraising $9,623

  • 13 · Office expenses

    total $8,980 · management and general $8,980

  • 14 · Information technology

    total $6,025 · management and general $6,025

  • 16 · Occupancy

    total $10,654 · management and general $10,654

  • 19 · Conferences, conventions and meetings

    total $248 · management and general $248

  • 22 · Depreciation, depletion and amortization

    total $5,393 · program services $4,994 · management and general $399

  • 23 · Insurance

    total $6,934 · management and general $6,934

  • 24a · Other expenses: MISCELLANEOUS

    total $3,040 · management and general $3,040

  • 24b · Other expenses: SUBSCRIPTIONS & DUES

    total $2,277 · management and general $2,277

  • 24c · Other expenses: TELEPHONE

    total $1,887 · management and general $1,887

  • 24d · Other expenses: LESS AGENCY FUNDS EXPENSE

    total -$236,295 · program services -$236,295

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,132,539 · end of year $489,337

  • 2 · Savings and temporary cash investments

    beginning of year -$417

  • 10a · Land, buildings and equipment: cost or other basis

    $231,710

  • 10b · Land, buildings and equipment: accumulated depreciation

    $21,456

  • 10c · Land, buildings and equipment, net

    beginning of year $27,930 · end of year $210,254

  • 11 · Investments: publicly traded securities

    beginning of year $691,063 · end of year $10,909,576

  • 15 · Other assets

    beginning of year $178,313 · end of year $2,765

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,719 · end of year $510

  • 18 · Grants payable

    beginning of year $2,000

  • 21 · Escrow or custodial account liability

    beginning of year $2,779,741 · end of year $3,191,504

  • 24 · Unsecured notes and loans payable

    beginning of year $20,000 · end of year $17,143

  • 25 · Other liabilities

    beginning of year $29,465 · end of year $37,639

  • 31 · Retained earnings, endowment or other funds

    beginning of year $7,196,503 · end of year $8,365,136

Mission and programs · 2023

Mission

THE MISSION IS TO IMPROVE THE QUALITY OF LIFE IN THE GREATER PARSONS AREA BY INCREASING THE OPPORTUNITIES FOR CHARITABLE GIVING, CONNECTING DONORS TO COMMUNITY NEEDS AND PROVIDING LEADERSHIP ON IMPORTANT COMMUNITY ISSUES NOW AND FOR FUTURE GENERATIONS.

  • LABETTE COMMUNITY COLLEGE

    Expenses $109,463 · Grants $109,463

  • USD 503 PARSONS DISTRICT SCHOOLS

    Expenses $45,684 · Grants $45,684

  • LABETTE COUNTY EMERGENCY ASSISTANCE CENTER

    Expenses $42,789 · Grants $42,789

  • GRANTS TO MULTIPLE PARSONS AREA CHARITABLE, CIVIC, EDUCATIONAL AND GOVERNMENTAL ORGANIZATIONS.

    Expenses $111,654 · Grants $342,955

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anne Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sandy Babcock

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dennis Banning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kendra Barcus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jj Bebb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Bolt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jane Dick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Eichinger

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Frances Graves

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carolyn Kennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erin Martinez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ned Wall

    TREASURER

    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

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

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.0
Source object
202423069349302562

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

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