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Nonprofiteer
← COMMUNITY FOUNDATION OF THE KLAMATHBASIN

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION OF THE KLAMATHBASIN.

Totals

Total revenue
$363,053
Total expenses
$447,099
Contributions and grants received
$144,469
Grants paid
$332,067
Program service revenue
$0
Investment income
$218,584
Other revenue
$0
Total assets, end of year
$8,866,151
Total liabilities, end of year
$733
Net assets or fund balances, end of year
$8,865,418
Program services expenses (Part IX)
$359,414
Management and general expenses
$85,016
Fundraising expenses
$2,669
Program service expenses (Part III)
$359,414

Program services were 80.4% 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.

  • 1f · All other contributions, gifts and grants

    $144,469

  • 3 · Investment income

    total $218,584 · related or exempt $218,584

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $332,067 · program services $332,067

  • 5 · Compensation of officers, directors and key employees

    total $35,000 · program services $26,250 · management and general $7,000 · fundraising $1,750

  • 10 · Payroll taxes

    total $2,965 · program services $1,097 · management and general $949 · fundraising $919

  • 11c · Fees: accounting

    total $4,105 · management and general $4,105

  • 11f · Fees: investment management

    total $31,856 · management and general $31,856

  • 12 · Advertising and promotion

    total $1,977 · management and general $1,977

  • 13 · Office expenses

    total $859 · management and general $859

  • 23 · Insurance

    total $17,699 · management and general $17,699

  • 24a · Other expenses: LICENSES & FEES

    total $10,250 · management and general $10,250

  • 24b · Other expenses: PROGRAM EXPENSES

    total $8,690 · management and general $8,690

  • 24c · Other expenses: BANK FEES

    total $1,212 · management and general $1,212

  • 24d · Other expenses: TELEPHONE EXPENSE

    total $419 · management and general $419

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,474,012 · end of year $3,254,103

  • 3 · Pledges and grants receivable

    beginning of year $5,000 · end of year $5,000

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

    $15,000

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

    $15,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,734,671 · end of year $5,591,898

  • 15 · Other assets

    beginning of year $9,975 · end of year $15,150

  • 17 · Accounts payable and accrued expenses

    beginning of year $751 · end of year $733

  • 27 · Net assets without donor restrictions

    beginning of year $7,152,759 · end of year $7,814,907

  • 28 · Net assets with donor restrictions

    beginning of year $1,070,148 · end of year $1,050,511

Mission and programs · 2023

Mission

SERVING KLAMATH FALLS AND THE GREATER KLAMATH BASIN BY PROVIDING GRANTS AND DESIGNATED FUNDS TO STRENGTHEN EXISTING AND POTENTIAL NEW PROGRAMS IN ORDER TO EFFECTIVELY ENHANCE THE QUALITY OF LIFE FOR FAMILIES AND CITIZENS IN OUR REGION.

Activities or mission (Part I)

SERVING KLAMATH FALLS AND THE GREATER KLAMATH BASIN BY PROVIDING GRANTS AND DESIGNATED FUNDS TO STRENGTHEN EXISTING AND POTENTIAL NEW PROGRAMS TO ENHANCE THE QUALITY OF LIFE FOR FAMILIES AND CITIZENS IN OUR REGION.

  • FUND DEVELOPMENT AND ADMINISTRATION.

    Expenses $359,414 · Grants $332,067

As filed on the 2023 return.

Listed in Part VII

  • Jean Pinniger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joan Staunton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andy Peterson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Robert Kingzett

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Ann Cavanaugh

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Barney Simonsen

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joanne Carson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Wendt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Don Boyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heidi Biggs

    EXECUTIVE DIRECTOR

    Total calculated
    $35,000
    From this org
    $35,000
    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

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349306520

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

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