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Nonprofiteer
← ALLIANCE COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by ALLIANCE COMMUNITY FOUNDATION.

Totals

Total revenue
$1,065,527
Total expenses
$1,013,853
Contributions and grants received
$974,096
Grants paid
$839,254
Program service revenue
$0
Investment income
$40,628
Other revenue
$50,803
Total assets, end of year
$3,766,255
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,766,255
Program services expenses (Part IX)
$839,254
Management and general expenses
$174,599
Fundraising expenses
$0
Program service expenses (Part III)
$839,254

Program services were 82.8% 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.

  • 1d · Related organizations

    $181,564

  • 1f · All other contributions, gifts and grants

    $792,532

  • 3 · Investment income

    total $13,275 · excluded $13,275

  • 7a · Gross sales of assets other than inventory

    other assets $27,353

  • 7c · Gain or loss

    other assets $27,353

  • 7d · Net gain or loss

    total $27,353 · excluded $27,353

  • 11a · Other revenue: CAPCON LLC INCOME

    total $50,803 · related or exempt $50,803

  • 11e · Other revenue, total

    $50,803

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $839,254 · program services $839,254

  • 7 · Other salaries and wages

    total $113,077 · management and general $113,077

  • 9 · Other employee benefits

    total $6,580 · management and general $6,580

  • 10 · Payroll taxes

    total $9,192 · management and general $9,192

  • 11a · Fees: management

    total $24,598 · management and general $24,598

  • 11b · Fees: legal

    total $5,554 · management and general $5,554

  • 11c · Fees: accounting

    total $9,113 · management and general $9,113

  • 13 · Office expenses

    total $4,204 · management and general $4,204

  • 23 · Insurance

    total $2,193 · management and general $2,193

  • 24a · Other expenses: BANK FEES

    total $88 · management and general $88

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $321,188 · end of year $308,762

  • 11 · Investments: publicly traded securities

    beginning of year $1,563,520 · end of year $2,387,838

  • 12 · Investments: other securities

    beginning of year $1,388,822 · end of year $1,069,655

  • 27 · Net assets without donor restrictions

    beginning of year $3,273,530 · end of year $3,766,255

Mission and programs · 2023

Mission

THE FOUNDATION SHALL CARRY OUT ITS PURPOSES AS A COMMUNITY FOUNDATION WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.170A-9(F)(10) SERVING THE NATIONAL PHILANTHROPIC COMMUNITY OF CHARITABLE ORGANIZATIONS, FOUNDATIONS, INDIVIDUALS, AND THEIR PROFESSIONAL ADVISORS IN THE STATE OF DELEWARE, ACROSS THE NATION, AND THROUGHOUT THE WORLD.

Activities or mission (Part I)

THE FOUNDATION SHALL CARRY OUT ITS PURPOSES AS A COMMUNITY FOUNDATION WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.170A-9(F)(10)

  • GRANTS TO QUALIFIED ORGANIZATIONS

    Expenses $839,254 · Grants $839,254

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alliance Community Corporation

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Randy Fox

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Dan Rice

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Andrew Russo

    CFO

    Total calculated
    $0
    Hours/week
    1

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

  • SEE ATTACHMENT

    $839,254

    GENERAL

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.

  • ALLIANCE COMMUNITY CORPORATION ALLIANC COMMUNITY CORPORATION

    501C3 · TRUSTEE · DE

    Directly controlled by ACF ACF

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CAPCON FOUNDATION II LLC CAPCON FOUNDATION II LLC

    GRANTS · DE · income $50,803 · assets $1,069,655

    Directly controlled by ACF ACF

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202413209349308236

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