Skip to content
Nonprofiteer
← FOUNDATION FOR RURAL SERVICE

Form 990 for tax year 2024

Filed by FOUNDATION FOR RURAL SERVICE.

Totals

Total revenue
$1,333,321
Total expenses
$1,266,843
Contributions and grants received
$626,381
Grants paid
$339,972
Program service revenue
$2,532
Investment income
$345,438
Other revenue
$358,970
Total assets, end of year
$5,195,297
Total liabilities, end of year
$652,218
Net assets or fund balances, end of year
$4,543,079
Program services expenses (Part IX)
$786,295
Management and general expenses
$434,449
Fundraising expenses
$46,099
Program service expenses (Part III)
$786,295

Program services were 62.1% 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.

  • 1d · Related organizations

    $80,000

  • 1f · All other contributions, gifts and grants

    $546,381

  • 2a · Program service revenue: Information Mailer

    total $2,532 · related or exempt $2,532

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $181,673 · excluded $181,673

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $675,724

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

    securities $511,959

  • 7c · Gain or loss

    securities $163,765 · other assets $0

  • 7d · Net gain or loss

    total $163,765 · excluded $163,765

  • 8a · Fundraising events: gross income

    $572,028

  • 8b · Fundraising events: direct expenses

    $213,058

  • 8c · Net income from fundraising events

    total $358,970 · excluded $358,970

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $169,472 · program services $169,472

  • 2 · Grants to domestic individuals

    total $170,500 · program services $170,500

  • 5 · Compensation of officers, directors and key employees

    total $240,580 · program services $146,754 · management and general $55,333 · fundraising $38,493

  • 7 · Other salaries and wages

    total $100,990 · program services $21,292 · management and general $76,420 · fundraising $3,278

  • 8 · Pension plan contributions

    total $19,000 · program services $9,348 · management and general $9,470 · fundraising $182

  • 9 · Other employee benefits

    total $25,464 · program services $12,528 · management and general $12,692 · fundraising $244

  • 10 · Payroll taxes

    total $23,887 · program services $11,752 · management and general $11,906 · fundraising $229

  • 11c · Fees: accounting

    total $25,896 · management and general $25,896

  • 11f · Fees: investment management

    total $21,675 · management and general $21,675

  • 11g · Fees: other

    total $1,980 · program services $0 · management and general $1,980 · fundraising $0

  • 13 · Office expenses

    total $33,249 · program services $16,358 · management and general $16,572 · fundraising $319

  • 16 · Occupancy

    total $82,195 · program services $40,438 · management and general $40,968 · fundraising $789

  • 17 · Travel

    total $44,195 · program services $30,836 · management and general $13,359

  • 19 · Conferences, conventions and meetings

    total $122,132 · program services $60,087 · management and general $60,873 · fundraising $1,172

  • 22 · Depreciation, depletion and amortization

    total $623 · program services $623

  • 23 · Insurance

    total $6,780 · management and general $6,780

  • 24a · Other expenses: Miscellaneous Expense

    total $145,177 · program services $71,425 · management and general $72,359 · fundraising $1,393

  • 24b · Other expenses: Awareness Campaign

    total $24,882 · program services $24,882

  • 24c · Other expenses: Board Expenses

    total $8,166 · management and general $8,166

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $262,448 · end of year $263,357

  • 2 · Savings and temporary cash investments

    beginning of year $10,127 · end of year $2,951

  • 3 · Pledges and grants receivable

    beginning of year $30,000 · end of year $15,000

  • 4 · Accounts receivable

    beginning of year $43,377 · end of year $71,763

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,179 · end of year $28,851

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

    $6,234

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

    $2,805

  • 10c · Land, buildings and equipment, net

    beginning of year $4,052 · end of year $3,429

  • 11 · Investments: publicly traded securities

    beginning of year $3,837,930 · end of year $4,274,006

  • 12 · Investments: other securities

    beginning of year $273,294 · end of year $183,697

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $530,111 · end of year $352,243

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,805 · end of year $26,734

  • 19 · Deferred revenue

    beginning of year $196,375 · end of year $228,245

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $439,348 · end of year $397,239

  • 27 · Net assets without donor restrictions

    beginning of year $1,827,837

  • 28 · Net assets with donor restrictions

    beginning of year $2,526,153 · end of year $4,543,079

Mission and programs · 2024

Mission

The foundation for rural services (FRS), in cooperation with NTCA - The Rural Broadband Association, seeks to sustain and enhance the quality of life in America by advancing an understanding of rural issues. Our vision is to harness the power of the rural communications industry to enrich lives in America.

Activities or mission (Part I)

To inform and educate the public on the telecommunications needs of rural areas.

  • Scholarship Program: The foundation annually awards scholarships to an exceptional group of rural students for their first year of college or vocational school. All applicants require sponsorship by an NTCA The Rural Broadband Association member company to be eligible. FRS awarded over $1 million in scholarships since its inception; empowering rural students throughout the country to advance their communities with invaluable skill sets and experiences.

    Expenses $187,988 · Grants $170,500

  • Youth Tour: The foundation sponsors an annual tour of Washington, D.C. Approximately one hundred high school students from rural America visit the nation's capital to learn about the telecommunications industry and the legislative process.

    Expenses $180,310

  • Awareness Campaign: The foundation sponsors an ongoing awareness campaign to promote the contribution that small independent broadband companies make to rural communities. The program includes the production of informational mailers geared toward education rural telecommunications customers, an image and awareness campaign that aims to educate state and local decision makers on the value that community based telecom providers bring to the telecom and economic futures of their communities and a series of educational papers aimed at educating decision makers.

    Expenses $65,332 · Revenue $2,532

  • Other Program Services

    Expenses $352,665 · Grants $169,472

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Andy Isackson

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Camille Christiansen

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Michael Prather

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Andy Smith

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashley Shiner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Silverman

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Sullivan

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carleton Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chad Mutziger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Colleen Jamison

    INDUSTRY DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Donald Herman

    LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    1
  • Greg Coltrain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Haynie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jordan Roberts

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kurt Gruendling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Thoma

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Parrish

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Burrow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Grisham

    NTCA BOARD LIAISON

    Total calculated
    $14,000
    From this org
    $0
    From related orgs
    $14,000
    Other
    $0
    Hours/week
    1 + 5 related
  • Mitchell Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nancy White

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Henecke

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Manohara Koilpillai

    Chief Financial Officer

    Total calculated
    $387,214
    From this org
    $0
    From related orgs
    $278,226
    Other
    $108,988
    Hours/week
    2 + 41.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $253,152 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $74 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $108,988 related
    Filer's total
    $0 + $387,214 related
  • Pamela Becker

    Executive Director - FRS

    Total calculated
    $240,580
    From this org
    $190,035
    From related orgs
    $0
    Other
    $50,545
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $183,500
    Bonus
    $6,500
    Other
    $35
    Deferred
    $0
    Nontaxable benefits
    $50,545
    Filer's total
    $240,580
  • Shirley Bloomfield

    Chief Executive Officer

    Total calculated
    $1,187,130
    From this org
    $0
    From related orgs
    $1,086,070
    Other
    $101,060
    Hours/week
    2 + 41.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $899,589 related
    Bonus
    $0 + $184,220 related
    Other
    $0 + $2,261 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $78,060 related
    Filer's total
    $0 + $1,187,130 related

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 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
The compensation process is conducted by a related organization (NTCA) for their officers (Shirley Bloomfield and Mano Koilpillai) that serves on the board of FRS. The Chief Executive Officer's compensation is reviewed by an independent compensation consultant that does a comparison of like positions in the area and presents the study to the NTCA board for approval.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Shirley Bloomfield - 457 (F) Plan Contribution - $198,937

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • National Telecommunicatins Cooperative Association (NTCA)

    501(c)(6) · Trade Association · VA

    Directly controlled by NA

  • NTCA Group Health Program

    501(c)(9) · Health and Welfare Benefits · VA · controlled entity

    Directly controlled by NTCA

  • NTCA Master Trust for Deferred Comp Plans

    Deferred Compensation · VA · controlled entity

    Directly controlled by NTCA

  • NTCA Regional Retiree Medical Funding Trust I

    501(c)(9) · Post Retirement Benefits · DC · controlled entity

    Directly controlled by NTCA

  • NTCA Regional Retiree Medical Funding Trust II

    501(c)(9) · Post Retirement Benefits · DC · controlled entity

    Directly controlled by NTCA

  • NTCA National Retiree Medical Funding Trust

    501(c)(9) · Post Retirement Benefits · DC · controlled entity

    Directly controlled by NTCA

  • NTCA Retirement and Security Program

    Defined Benefit Plan · VA · controlled entity

    Directly controlled by NTCA

  • NTCA Savings Plan

    Defined Contribution Plan · VA · controlled entity

    Directly controlled by NTCA

  • NTCA PAC

    527 · Voluntary, Non-Partisan Political Action Committee · VA · controlled entity

    Directly controlled by NTCA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Services Management Corporation

    C Corporation · Administer Benefit Plans · NC

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202543219349313269

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.