Totals
- Total revenue
- $717,702
- Total expenses
- $749,121
- Contributions and grants received
- $417,096
- Grants paid
- $603,778
- Program service revenue
- $81,044
- Investment income
- $219,562
- Other revenue
- $0
- Total assets, end of year
- $8,070,167
- Total liabilities, end of year
- $841,044
- Net assets or fund balances, end of year
- $7,229,123
- Program services expenses (Part IX)
- $603,778
- Management and general expenses
- $77,347
- Fundraising expenses
- $67,996
- Program service expenses (Part III)
- $603,778
Program services were 80.6% 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.
-
1f · All other contributions, gifts and grants
$417,096
-
2a · Program service revenue: UNUSED SCHOLARSHIPS
total $81,044 · related or exempt $81,044
-
3 · Investment income
total $271,010 · excluded $271,010
-
7a · Gross sales of assets other than inventory
securities $891,527
-
7b · Less cost or other basis and sales expenses
securities $942,975
-
7c · Gain or loss
securities -$51,448
-
7d · Net gain or loss
total -$51,448 · related or exempt -$51,448
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $108,643 · program services $108,643
-
2 · Grants to domestic individuals
total $495,135 · program services $495,135
-
5 · Compensation of officers, directors and key employees
total $48,000 · management and general $48,000
-
10 · Payroll taxes
total $5,003 · fundraising $5,003
-
11c · Fees: accounting
total $8,080 · management and general $8,080
-
11f · Fees: investment management
total $62,993 · fundraising $62,993
-
13 · Office expenses
total $437 · management and general $437
-
14 · Information technology
total $16,214 · management and general $16,214
-
22 · Depreciation, depletion and amortization
total $240 · management and general $240
-
23 · Insurance
total $2,243 · management and general $2,243
-
24a · Other expenses: LICENSES/FEES
total $2,009 · management and general $2,009
-
24b · Other expenses: SUPPLIES
total $124 · management and general $124
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $30,736 · end of year $125,739
-
3 · Pledges and grants receivable
beginning of year $22,971
-
10a · Land, buildings and equipment: cost or other basis
$1,200
-
10b · Land, buildings and equipment: accumulated depreciation
$980
-
10c · Land, buildings and equipment, net
beginning of year $460 · end of year $220
-
11 · Investments: publicly traded securities
beginning of year $7,442,870 · end of year $7,944,208
-
17 · Accounts payable and accrued expenses
beginning of year $1,255 · end of year $2,664
-
18 · Grants payable
beginning of year $745,644 · end of year $838,380
-
27 · Net assets without donor restrictions
beginning of year $2,751,758 · end of year $3,336,381
-
28 · Net assets with donor restrictions
beginning of year $3,998,380 · end of year $3,892,742
Mission and programs · 2022
Mission
THE LINCOLN COUNTY FOUNDATION IS AN AGENCY ESTABLISHED TO RECEIVE, ADMINISTER AND DISBURSE FUNDS AND OTHER PROPERTY TO ASSIST THE PEOPLE OF LINCOLN COUNTY, OREGON; PARTICULARLY THE YOUNG PEOPLE THROUGH GRANTS AND SCHOLARSHIPS.
-
LINCOLN COUNTY FOUNDATION PROVIDED GRANTS TO 16 AREA GOVERNMENTAL AGENCIES, NONPROFIT ORGANIZATIONS, AND OTHER ORGANIZATIONS TOTALING 108,643 TO SUPPORT THEIR OPERATIONS AND THE SERVICES THEY PROVIDE TO THE PUBLIC. SEE SCHEDULE I OF THIS RETURN FOR DETAILS.
Expenses $108,643 · Grants $108,643
-
LINCOLN COUNTY FOUNDATION PROVIDED SCHOLARSHIPS TO 76 STUDENTS TOTALING 495,135 DURING THE FISCAL YEAR ENDED JUNE 30, 2023. THE SCHOLARSHIP PROGRAM IS DESIGNED TO ASSIST STUDENTS IN LINCOLN COUNTY OREGON WITH THEIR EDUCATIONAL ENDEAVORS.
Expenses $495,135 · Grants $495,135
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lori Arce-TorresLORI ARCE-TORRES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.4
-
Patty GravesPATTY GRAVES
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 0.2
-
Keith NelsonKEITH NELSON
TREASURER
- Total calculated
- $0
- Hours/week
- 20
-
Susan WahlkeSUSAN WAHLKE
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2
-
Julie HanrahanJULIE HANRAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jean TurnerJEAN TURNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Josh ZantellaJOSH ZANTELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jon ZagelJON ZAGEL
EXECUTIVE DI
- Total calculated
- $48,000
- From this org
- $48,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
-
ANGELS ANONYMOUS
$30,388
SUPPORT
-
LINCOLN CITY CULTURAL CENTER
$20,175
SUPPORT
-
LINCOLN CITY ROTARY PROJECTS FUND
$16,284
SUPPORT
-
WILDWOOD PLAYGROUNDS NW
$7,528
SUPPORT
-
KIDWIND
$6,100
SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401309349302965
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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