Totals
- Total revenue
- $763,003
- Total expenses
- $682,733
- Contributions and grants received
- $209,127
- Grants paid
- $0
- Program service revenue
- $540,798
- Investment income
- $3,071
- Other revenue
- $10,007
- Total assets, end of year
- $1,299,618
- Total liabilities, end of year
- $50,631
- Net assets or fund balances, end of year
- $1,248,987
- Program services expenses (Part IX)
- $671,686
- Management and general expenses
- $11,047
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $671,686
Program services were 98.4% 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)
$167,178
-
1f · All other contributions, gifts and grants
$41,949
-
2a · Program service revenue: TUITION-CHILD CARE
total $465,535 · related or exempt $465,535
-
2b · Program service revenue: MISC. FUNDRAISING INCOME
total $49,796 · related or exempt $49,796
-
2c · Program service revenue: FOOD REIMBURSEMENTS
total $20,466 · related or exempt $20,466
-
2d · Program service revenue: PRINCESS PROM-FUND RAISER
total $5,001 · related or exempt $5,001
-
3 · Investment income
total $3,071 · related or exempt $3,071
-
6a · Gross rents
real property $46,200
-
6b · Less rental expenses
real property $36,193
-
6c · Rental income or loss
real property $10,007
-
6d · Net rental income or loss
total $10,007 · related or exempt $10,007
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $437,277 · program services $437,277
-
10 · Payroll taxes
total $33,452 · program services $33,452
-
11b · Fees: legal
total $12,096 · program services $12,096
-
11c · Fees: accounting
total $131 · management and general $131
-
12 · Advertising and promotion
total $1,035 · program services $1,035
-
13 · Office expenses
total $2,390 · program services $2,390
-
16 · Occupancy
total $6,675 · program services $6,675
-
17 · Travel
total $872 · program services $872
-
22 · Depreciation, depletion and amortization
total $37,592 · program services $37,592
-
23 · Insurance
total $11,085 · program services $8,862 · management and general $2,223
-
24a · Other expenses: FOOD/MEALS FOR CHILDREN
total $52,900 · program services $52,900
-
24b · Other expenses: MISC. FUNDRAISING EXPENSE
total $31,116 · program services $31,116
-
24c · Other expenses: KITCHEN/CLEANING SUPPLIES
total $27,198 · program services $27,198
-
24d · Other expenses: UTILITIES
total $10,516 · program services $10,516
-
24e · All other expenses
total $18,398 · program services $9,705 · management and general $8,693
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,815 · end of year $4,712
-
2 · Savings and temporary cash investments
beginning of year $232,243 · end of year $313,943
-
7 · Other notes and loans receivable
beginning of year $69,204 · end of year $64,426
-
10a · Land, buildings and equipment: cost or other basis
$1,657,537
-
10b · Land, buildings and equipment: accumulated depreciation
$741,000
-
10c · Land, buildings and equipment, net
beginning of year $940,171 · end of year $916,537
-
23 · Secured mortgages and notes payable
beginning of year $60,048 · end of year $35,629
-
25 · Other liabilities
beginning of year $20,668 · end of year $15,002
-
27 · Net assets without donor restrictions
beginning of year $1,122,482 · end of year $1,217,890
-
28 · Net assets with donor restrictions
beginning of year $46,235 · end of year $31,097
Mission and programs · 2022
Mission
THE PURPOSE/MISSION OF THE MANNING BETTERMENT FOUNDATION IS: 1-TO ENCOURAGE PRIDE,IDENTIFY NEEDS,AND STIMULATE SOCIAL AND ECONOMIC DEVELOPMENT; DEVISE WAYS TO DIVERSIFY IN ORDER TO MEET FUTURE NEEDS AND CHALLENGES AND TO ESTABLISH A SENSE OF COMMUNITY. 2-TO ENCOURAGE, STIMULATE, AND PROMOTE ECONOMIC AND SOCIAL DEVELOPMENT OF OUR COMMUNITY THROUGH MARKETING, PROMOTION, AND DEVELOPMENT OF OUR PEOPLE, PRODUCTS, AND RESOURCES. 3-TO PROVIDE THE BEST OPPORTUNITY FOR ECONOMIC AND SOCIAL GROWTH AND DEVELOPMENT THROUGH PLANNING AND COORDINATION OF THE PEOPLE, PRODUCTS, AND RESOURCES OF THE MANNING AREA. IDEAS WILL BE FORMULATED AND CARRIED OUT; LEADERS WILL BE IDENTIFIED AND DEVELOPED; AND A SENSE OF COMMUNITY PRIDE WILL BE FOSTERED AND PROMOTED.
-
THE CREATION OF ADDITIONAL JOBS WITHIN THE COMMUNITY WAS ACCOMPLISHED BY ATTRACTING A NEW BUSINESS TO THE CITY OF MANNING. THE FOUNDATION AIDED THIS EFFORT BY CONSTRUCTING A NEW BUILDING AND LEASING OFFICE SPACE TO THIS NEW BUSINESS. IN ADDITION, A PORTION OF THE BUILDING WAS REMODELED FOR THE PURPOSE OF ESTABLISHING A CHILD CARE CENTER SO THAT EMPLOYEES ATTRACTED BY THE NEW JOBS WOULD HAVE CHILD DAY CARE SERVICES AVAILABLE AS WELL. THE FOUNDATION CONTINUES LOOKING FOR OPPORTUNITIES FOR NEW BUSINESS TO COME TO THE COMMUNITY. REAL ESTATE THAT IS OWNED IS FOR SALE OR CAN BE REMODELED TO SUIT THE BUYER. IN ADDITION, THE FOUNDATION CONTINUES TO SUPPORT THE CHILD CARE CENTER WHICH PROVIDES NECESSARY DAY CARE SERVICES FOR EMPLOYEES OF NEW BUSINESSES. AN ADDED SUBSIDIARY BENEFIT OF THE CHILD CARE CENTER IS THE ADDITIONAL JOBS IT HAS PROVIDED TO PEOPLE IN THE COMMUNITY.
-
THE FOUNDATION MAINTAINS A CHILD CARE CENTER TO PROVIDE DAY CARE FACILITIES TO NEW AND EXISTING INDIVIDUALS THAT BECOME EMPLOYED AND NEED THESE CHILD CARE SERVICES WITHIN THE COMMUNITY. THE FOUNDATION HAS REMODELING ITS CHILD CARE CENTER TO INCREASE THE CARE SPACE FOR SCHOOL AGE CHILDREN. IT WILL GREATLY ENHANCE ITS ABILITY TO PROVIDE FOR THAT NEED AFTER SCHOOL AND ON SCHOOL VACATION DAYS.
Expenses $671,686 · Revenue $540,798
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kevin BoyleKEVIN BOYLE
DIRECTOR/VIC
- Total calculated
- $0
-
Joseph MaasJOSEPH MAAS
DIRECTOR/PRE
- Total calculated
- $0
-
Brad VollstedtBRAD VOLLSTEDT
DIRECTOR
- Total calculated
- $0
-
Dawn LorenzenDAWN LORENZEN
DIRECTOR
- Total calculated
- $0
-
Trevor MillerTREVOR MILLER
DIRECTOR
- Total calculated
- $0
-
Aaron StanglAARON STANGL
DIRECTOR/TRE
- Total calculated
- $0
-
Keith KerkhoffKEITH KERKHOFF
DIRECTOR
- Total calculated
- $0
-
Gaylin R RannigerGAYLIN R RANNIGER
DIRECTOR
- Total calculated
- $0
-
Gregory SextroGREGORY SEXTRO
DIRECTOR/SEC
- Total calculated
- $0
-
John OppermanJOHN OPPERMAN
DIRECTOR
- Total calculated
- $0
-
Ron ReischlRON REISCHL
DIRECTOR
- Total calculated
- $0
-
Dawn MeyerDAWN MEYER
DIRECTOR
- Total calculated
- $0
-
Brian IrlbeckBRIAN IRLBECK
DIRECTOR
- Total calculated
- $0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313379349300351
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