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Nonprofiteer
← GRAYS HARBOR COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by GRAYS HARBOR COMMUNITY FOUNDATION.

Totals

Total revenue
$6,725,793
Total expenses
$3,907,326
Contributions and grants received
$3,654,382
Grants paid
$3,294,807
Program service revenue
$0
Investment income
$3,071,411
Other revenue
$0
Total assets, end of year
$75,486,640
Total liabilities, end of year
$52,294
Net assets or fund balances, end of year
$75,434,346
Program services expenses (Part IX)
$3,783,608
Management and general expenses
$103,354
Fundraising expenses
$20,364
Program service expenses (Part III)
$3,783,608

Program services were 96.8% 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

    $3,654,382

  • 1g · Noncash contributions included above

    $2,217,065

  • 3 · Investment income

    total $2,825,794 · excluded $2,825,794

  • 7a · Gross sales of assets other than inventory

    securities $610,418

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

    securities $364,801

  • 7c · Gain or loss

    securities $245,617

  • 7d · Net gain or loss

    total $245,617 · excluded $245,617

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,419,683 · program services $2,419,683

  • 2 · Grants to domestic individuals

    total $875,124 · program services $875,124

  • 5 · Compensation of officers, directors and key employees

    total $158,589 · program services $118,941 · management and general $31,718 · fundraising $7,930

  • 7 · Other salaries and wages

    total $207,599 · program services $155,700 · management and general $41,519 · fundraising $10,380

  • 8 · Pension plan contributions

    total $5,804 · program services $4,353 · management and general $1,161 · fundraising $290

  • 10 · Payroll taxes

    total $35,284 · program services $26,463 · management and general $7,057 · fundraising $1,764

  • 11c · Fees: accounting

    total $6,215 · program services $4,662 · management and general $1,553

  • 11f · Fees: investment management

    total $124,980 · program services $124,980

  • 11g · Fees: other

    total $600 · program services $600

  • 12 · Advertising and promotion

    total $3,566 · program services $3,566

  • 13 · Office expenses

    total $5,386 · program services $5,386

  • 14 · Information technology

    total $17,010 · program services $17,010

  • 16 · Occupancy

    total $20,341 · program services $15,256 · management and general $5,085

  • 17 · Travel

    total $206 · program services $206

  • 19 · Conferences, conventions and meetings

    total $3,680 · management and general $3,680

  • 22 · Depreciation, depletion and amortization

    total $5,944 · management and general $5,944

  • 23 · Insurance

    total $4,641 · program services $3,481 · management and general $1,160

  • 24a · Other expenses: Dues & Subscriptions

    total $8,035 · program services $8,035

  • 24b · Other expenses: Bank Service Charge

    total $3,208 · management and general $3,208

  • 24c · Other expenses: Property Tax & Appraisa

    total $1,431 · program services $162 · management and general $1,269

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $398,838 · end of year $1,785,485

  • 4 · Accounts receivable

    beginning of year $68,730 · end of year $64,548

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,465 · end of year $32,901

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

    $499,850

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

    $75,279

  • 10c · Land, buildings and equipment, net

    beginning of year $430,515 · end of year $424,571

  • 11 · Investments: publicly traded securities

    beginning of year $49,523,538 · end of year $42,086,314

  • 12 · Investments: other securities

    beginning of year $42,211,307 · end of year $31,092,821

  • 17 · Accounts payable and accrued expenses

    beginning of year $73,347 · end of year $52,294

  • 27 · Net assets without donor restrictions

    beginning of year $40,223,200 · end of year $31,069,840

  • 28 · Net assets with donor restrictions

    beginning of year $52,365,846 · end of year $44,364,506

Mission and programs · 2022

Mission

To improve the quality of life in all communities throughout Grays Harbor County, Washington. We accomplish this by: 1. Promoting philanthropy at all levels of giving. 2. Seeking permanent endowment funds and other contributions from a diverse and ever-widening group of donors. 3. Helping donors achieve their chartable and financial goals by offering services that make charitable giving easy, effective and satisfying. 4. Providing responsible and effective financial management. 5. Distributing earnings from investments according to community needs and donor intent. 6. Championing good works in every community we serve.

Activities or mission (Part I)

To improve the quality of life in all communities throughout Grays Harbor County, Washington.

  • Through our Community Grants Program last year, we awarded 210 grants to 118 local nonprofit organizations and school districts in 2022. We were able to leverage donor advised and donor designated funds to award grant requests that ranged between $1,000 - $100,000. We supported organizations in 12 out of the 13 communities in Grays Harbor to better achieve their mission(s). We also awarded 310 scholarships to students who reside in Grays Harbor County or graduated from a Grays Harbor County high school through our Scholarship Program. Our scholarships are renewable at variable amounts for an additional 3 years to support undergraduate and vocational studies. In 2022 we provided over $850,000 in emergency relief related to the pandemic for childcare programs, emergency and food assistance, and loss of funding revenue just to name a few.

    Expenses $3,783,608 · Grants $3,294,807

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bill Stewart

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Wes Peterson

    Chair

    Total calculated
    $0
    Hours/week
    2

  • George Donovan

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Mike Stoney

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Todd Lindley

    Emeritus Members

    Total calculated
    $0
    Hours/week
    1

  • Dr Donald Arima

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Molly Bold

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dr Ed Brewster

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • David Burnett

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Judith Davis

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Stan Pinnick

    Emeritus Members

    Total calculated
    $0
    Hours/week
    1

  • Randy Rust

    Emeritus Members

    Total calculated
    $0
    Hours/week
    1

  • Michelle Morrison

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jon Parker

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Tom Quigg

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mike Sand

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Kathryn Skolrood

    Vice-Chair

    Total calculated
    $0
    Hours/week
    1

  • Mark Stensager

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Rich Vroman

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Maryann Welch

    trustee

    Total calculated
    $0
    Hours/week
    1

  • Eric Potts

    Executive Director

    Total calculated
    $158,589
    From this org
    $153,970
    From related orgs
    $0
    Other
    $4,619
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,970
    Bonus
    $0
    Other
    $0
    Deferred
    $4,619
    Nontaxable benefits
    $0
    Filer's total
    $158,589

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • YMCA Of Grays Harbor

    $363,875

    To support the program.

  • Grays Harbor College Foundation

    $161,059

    To support the program.

  • Aberdeen School District

    $116,555

    To support the program.

  • Quigg Bros Inc

    $76,320

    To support the program.

  • South Sound Parent to Parent

    $60,000

    To support the program.

  • Montesano School Distrct

    $52,181

    To support the program.

  • Hoquiam School District

    $46,417

    To support the program.

  • PAWS of Grays Harbor

    $40,000

    To support the program.

  • The Salvation Army Grays Harbor Corps

    $40,000

    To support the program.

  • City of Cosmopolis and Friends of Highland Park

    $39,540

    To support the program.

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

Provenance

Return type
form_990
Tax year
2022
Filed
29 August 2023
IRS schema version
2022v5.0
Source object
202302429349300340

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.