Northwest Foundation INC FY2021 filing

Tax-deductible

Maryville, MO501(c)(3)EducationEIN 23-7165025Revenue $8.4M in FY2021

On file with the IRSnwmissouri.edu/foundation800 University Dr, 64468-6015 · Maryville, MOTax-exempt since Mar 1972College/university support org — 170(b)(1)(A)(iv)

Tell your story. Claim this org

Develops and stewards philathropic resources for the benefit of nwmsu and it's students.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$113K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $1.4M a year · 17% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$113K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $666K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.8M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
35
of 35 voting members
Looks good: 35 of 35 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.4M
Spent
$10.0M
To programs
93%
Net assets
$54.6M
By yearFY2021–FY2025
Revenue
$8.4M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$8.4M
FY2022$14.7M
FY2023$5.2M
FY2024$8.4M
FY2025$5.2M
Expenses
$10.0M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$10.0M
FY2022$6.9M
FY2023$6.1M
FY2024$5.8M
FY2025$5.9M
Net assets
$54.6M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$54.6M
FY2022$51.5M
FY2023$54.1M
FY2024$60.3M
FY2025$64.2M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $9.3M Management & general 5% · $520K Fundraising 2% · $223K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

36 people listed on the 990; $113K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Financial Officer
$112,686Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lori Steiner’s $120K as Chief Financial Officer is at the 45th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Lori Steiner$119,584$116,090$113,813$112,686

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Northwest Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Manages charitable funds to support Northwest Missouri State University and its students.

Questions for Northwest Foundation INC

Tap to ask. Northwest Foundation INC sees how many people are interested.

Your first name shows with your question. Northwest Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $9.3M · in their own filed words · FY2020
01

Provides support for northwest missouri state university programs

$7.6Mprogram expense
02

Provides funding of scholarships for northwest missouri state university students. There were 1,483 scholarships awarded during the year.

$1.2Mprogram expense
03

Provides support for departments of the university and serves auxiliary funds including the athletic department and communications department

$550Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 5 grants · $27.6M · 2020–2024
Northwest Missouri State UniversityFY2024$4,657,984
Northwest Missouri State UniversityFY2023$4,163,837
Northwest Missouri State UniversityFY2022$4,703,630
Northwest Missouri State UniversityFY2021$5,329,174
Northwest Missouri State UniversityFY2020$8,752,070

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$6.6M
Investment incomeLn 3$1.8M
Other incomeLn 4–11$42K
Money outPt IX
$10.0M
Ln 25
Programscol B$9.3M
Managementcol C$520K
Fundraisingcol D$223K
Owns and owesPt X
$54.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$61.4M
LiabilitiesLn 26$6.8M
PeoplePt VI, VII
36
listed · VII A
PaidVII A1
Voting boardVI 1a35
IndependentVI 1b35
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.6M
Noncash giftsLn 1g$449K
Fundraising eventsLn 1c$265K
Fees for servicesLn 2g$725
Investment incomeLn 3$1.8M
Other incomeLn 4–11$42K
Gains on assetsLn 7$1.0M
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$275K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$45.3M
Land, buildings, equipmentLn 10c$1.8M
Other assetsLn 15$3.0M
Total assetsLn 16$61.4M
LiabilitiesLn 26$6.8M
Net assetsLn 32$54.6M
OperationsPt I, VI
EmployeesI 53
VolunteersI 635
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.4M$1.7M
InvestmentsLn 11–13$38.5M$45.3M
Land, buildings, equipmentLn 10c$2.3M$1.8M
Total assetsLn 16$55.8M$61.4M
LiabilitiesLn 26$7.6M$6.8M
Net assetsLn 32$48.2M$54.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.8M$8.8M
Pay of current officers, directors and key staffLn 5$147K$147K
Other salaries and wagesLn 7$42K$8K$34K
Other employee benefitsLn 9$19K$4K$15K
Payroll taxesLn 10$12K$643$11K
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$34K$34K
Lobbying feesLn 11d$51K$51K
Investment management feesLn 11f$134K$134K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$20K$6K$15K
Office expensesLn 13$51K$234$8K$43K
Information technologyLn 14$83K$16K$13K$53K
TravelLn 17$69K$39K$4K$26K
Conferences, conventions and meetingsLn 19$56K$4K$24K$28K
InterestLn 20$185K$185K
Depreciation, depletion and amortizationLn 22$50K$14K$12K$24K
InsuranceLn 23$46K$6K$6K$34K
Other expenses (24a–d)Ln 24$235K$201K$34K
All other expensesLn 24e$34K$15K$19K$229
Total functional expensesLn 25$10.0M$9.3M$520K$223K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.2M$5.9M−$783K$64.2M 990 PDF
FY2024 $8.4M$5.8M$2.6M$60.3M 990 PDF
FY2023 $5.2M$6.1M−$930K$54.1M 990 PDF
FY2022 $14.7M$6.9M$7.9M$51.5M 990 PDF
FY2021 Viewing $8.4M$10.0M−$1.6M$54.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $8,401,833 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,328,371$6,551,486
I-9 Program service revenuePrior year $9,418$725
I-10 Investment incomePrior year $1,619,131$1,807,643
I-11 Other revenuePrior year $71,359$41,979
I-12 Total revenuePrior year $6,028,279$8,401,833
I-13 Grants and similar amounts paidPrior year $3,610,389$8,752,070
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $214,596$219,527
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,148,795$1,073,488
I-18 Total expensesPrior year $4,973,780$10,045,085
I-19 Revenue less expensesPrior year $1,054,499−$1,643,252
Part VI · Governance 35 of 35 board members independent, no flags
VI-1a Voting members of the governing body35
VI-1b Independent voting members35
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,401,833 across 12 lines filed
VIII-1c Fundraising events$264,737
VIII-1f All other contributions, gifts and grants$6,286,749
VIII-1g Noncash contributions (included above)$449,025
VIII-1h Total contributions, gifts and grants$6,551,486
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $725$725
VIII-3 Investment incomeUnrelated business −$3,244 · Excluded from tax $769,454$766,210
VIII-5 RoyaltiesExcluded from tax $8,314$8,314
VIII-6 Net rental income or lossExcluded from tax −$1,650−$1,650
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,041,433$1,041,433
VIII-8 Net income from fundraising eventsExcluded from tax $26,748$26,748
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $8,567$8,567
VIII-12 Total revenueRelated to mission $725 · Unrelated business −$3,244 · Excluded from tax $1,852,866$8,401,833
Part IX · Statement of functional expenses $10,045,085 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $8,752,070$8,752,070
IX-5 Pay of current officers, directors and key staffManagement $146,827$146,827
IX-7 Other salaries and wagesPrograms $8,403 · Management $33,612$42,015
IX-9 Other employee benefitsPrograms $3,770 · Management $15,081$18,851
IX-10 Payroll taxesPrograms $643 · Management $11,191$11,834
IX-11b Legal feesManagement $20,356$20,356
IX-11c Accounting feesManagement $34,441$34,441
IX-11d Lobbying feesPrograms $51,084$51,084
IX-11f Investment management feesManagement $134,042$134,042
IX-11g Other fees for servicesManagement $4,426$4,426
IX-12 Advertising and promotionPrograms $5,500 · Fundraising $14,645$20,145
IX-13 Office expensesPrograms $234 · Management $7,664 · Fundraising $43,351$51,249
IX-14 Information technologyPrograms $16,386 · Management $13,450 · Fundraising $52,698$82,534
IX-17 TravelPrograms $39,384 · Management $3,832 · Fundraising $26,253$69,469
IX-19 Conferences, conventions and meetingsPrograms $3,695 · Management $24,096 · Fundraising $28,095$55,886
IX-20 InterestPrograms $185,482$185,482
IX-22 Depreciation, depletion and amortizationPrograms $13,519 · Management $12,343 · Fundraising $23,865$49,727
IX-23 InsurancePrograms $5,894 · Management $5,994 · Fundraising $33,946$45,834
IX-24 Other expenses (24a–d)Programs $200,687 · Management $33,918$234,605
IX-24e All other expensesPrograms $15,127 · Management $18,852 · Fundraising $229$34,208
IX-25 Total functional expensesPrograms $9,301,878 · Management $520,125 · Fundraising $223,082$10,045,085
Part X · Balance sheet $61,390,542 assets, 17 lines filed
Asset lines not itemized here account for $3,544,449; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $364,154$274,786
X-2 Savings and temporary cash investmentsStart of year $2,048,484$1,471,869
X-3 Pledges and grants receivableStart of year $6,084,436$5,974,838
X-10c Land, buildings and equipment, netStart of year $2,309,578$1,817,829
X-11 Publicly traded securitiesStart of year $19,513,717$21,326,904
X-12 Other securitiesStart of year $18,988,202$23,948,352
X-15 Other assetsStart of year $2,570,172$3,031,515
X-16 Total assetsStart of year $55,830,108$61,390,542
X-17 Accounts payable and accrued expensesStart of year $120,875$133,147
X-19 Deferred revenueStart of year $45,500$38,650
X-20 Tax-exempt bond liabilitiesStart of year $5,985,000$5,390,000
X-25 Other liabilitiesStart of year $1,359,278$1,114,805
X-26 Total liabilitiesStart of year $7,613,190$6,764,086
X-27 Net assets without donor restrictionsStart of year $3,747,754$5,954,933
X-28 Net assets with donor restrictionsStart of year $44,469,164$48,671,523
X-32 Total net assets or fund balancesStart of year $48,216,918$54,626,456
X-33 Total liabilities and net assetsStart of year $55,830,108$61,390,542
Part XI · Reconciliation of net assets $54,626,456 net assets at year end
XI-1 Total revenue$8,401,833
XI-2 Total expenses$10,045,085
XI-3 Revenue less expenses−$1,643,252
XI-4 Net assets at start of year$48,216,918
XI-5 Net unrealized gains (losses) on investments$7,520,473
XI-9 Other changes in net assets$532,317
XI-10 Net assets at end of year$54,626,456

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.