Lagrange County Community Foundation INC FY2021 filing

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The mission of the Lagrange County Community Foundation is to inspire and sustain generosity, leadership and service. We connect donors to charitable causes, award grants and scholarships, and support Community initiatives to enhance the quality of life in Lagrange County.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$66K 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
6 of 6
filings with a surplus
Average surplus $2.3M a year · 65% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
40 mo
of spending, in cash
Plus $20.5M in investments, Pt X · Ln 11–13
Looks good: 40.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$265K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
+241% vs prior year
Spent
$942K
To programs
65%
Net assets
$23.5M
By yearFY2020–FY2025
Revenue
$4.2M
FY2021▲ +241%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$4.2M
FY2022$2.1M
FY2023$3.0M
FY2024$7.5M
FY2025$3.3M
Expenses
$942K
FY2021▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$842K
FY2021$942K
FY2022$1.1M
FY2023$1.6M
FY2024$1.6M
FY2025$1.3M
Net assets
$23.5M
FY2021▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$18.7M
FY2021$23.5M
FY2022$20.7M
FY2023$24.2M
FY2024$32.0M
FY2025$36.5M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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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 Dec 1991.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $611K Management & general 31% · $293K Fundraising 4% · $38K

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

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Who runs it and what they're paid

8 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$66,346Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Octavia Yoder’s $98K as Executive Di is at the 29th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Octavia Yoder$98,299$94,000$79,615$84,840$66,346$75,000

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 Lagrange County Community Foundation INC executive salaries →

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

Inspiring generosity, leadership, and service to benefit local citizens and organizations.

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2 programs · $611K · in their own filed words · FY2021
01

Grantmaking

The lagrange county community foundations unrestricted endowment funds and field of interest funds respond to the changing needs of lagrange county. Twice a year, the foundations volunteer grants committee reviews applications and makes funding recommendations to the board of directors.

$443Kprogram expense
02

Scholarships

We provide scholarships to students pursuing post-secondary education. Scholarship recipients are selected on a competitive basis through careful review and scoring of applications by members of the volunteer scholarship advisory committee. The board of directors have final approval on all scholarship awards.

$168Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$50K
Grants paid · 97 grants · $3.5M · 2020–2025
Unitemized GrantFY2025$219,537
Lagrange County AuditorFY2025$42,919
Lagrange County Hope INCIN · FY2025$29,752
Lakeland School CorporationFY2025$28,297
Lagrange County Department of ParksFY2025$27,000
Community Health Clinic INCIN · FY2025$17,500
Menno-HofIN · FY2025$12,922
Rainbow Years Learning MinistryFY2025$10,002
See all 97 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Gifts and grantsLn 1h$3.5M
Investment incomeLn 3$740K
Money outPt IX
$942K
Ln 25
Programscol B$611K
Managementcol C$293K
Fundraisingcol D$38K
Owns and owesPt X
$23.5M
net assets · Ln 32
Cash and savingsLn 1–2$3.2M
Total assetsLn 16$23.8M
LiabilitiesLn 26$265K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.5M
Government grantsLn 1e$205K
Noncash giftsLn 1g$20K
Investment incomeLn 3$740K
Gains on assetsLn 7$338K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$514K
Cash and savings togetherLn 1–2$3.2M
Prepaid expenses and deferred chargesLn 9$6K
Land, buildings, equipmentLn 10c$85K
InvestmentsLn 11–13$20.5M
Total assetsLn 16$23.8M
LiabilitiesLn 26$265K
Net assetsLn 32$23.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$37K
Share of the $22.6M endowmentSch D 1g0.16%
Typical, median of 1,806 orgs0.44%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$22.6M$17.6M$16.7M$14.4M$15.5M
Given inLn 1b$3.3M$187K$676K$295K$247K
SpentLn 1d–1f$416K$765K$466K$314K$333K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$429K$3.2M
InvestmentsLn 11–13$18.2M$20.5M
Land, buildings, equipmentLn 10c$232K$85K
Total assetsLn 16$18.9M$23.8M
LiabilitiesLn 26$225K$265K
Net assetsLn 32$18.7M$23.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$280K$280K
Grants to domestic individualsLn 2$106K$106K
Pay of current officers, directors and key staffLn 5$68K$17K$44K$7K
Other salaries and wagesLn 7$106K$26K$69K$11K
Other employee benefitsLn 9$3K$687$2K$275
Payroll taxesLn 10$13K$3K$9K$1K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$30K$30K
Investment management feesLn 11f$37K$37K
Other fees for servicesLn 11g$26K$4K$20K$2K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$15K$4K$10K$1K
Information technologyLn 14$35K$9K$23K$4K
OccupancyLn 16$22K$14K$5K$2K
Conferences, conventions and meetingsLn 19$9K$9K
Depreciation, depletion and amortizationLn 22$11K$11K
InsuranceLn 23$7K$5K$2K
Other expenses (24a–d)Ln 24$161K$142K$19K
All other expensesLn 24e$2K$1K$899
Total functional expensesLn 25$942K$611K$293K$38K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 4, 2026 $3.3M$1.3M$2.0M$36.5M 990 PDF
FY2024Filed with the IRS Jun 11, 2025 $7.5M$1.6M$5.9M$32.0M 990 PDF
FY2023Filed with the IRS Apr 24, 2024 $3.0M$1.6M$1.4M$24.2M 990 PDF
FY2022Filed with the IRS May 4, 2023 $2.1M$1.1M$990K$20.7M 990 PDF
FY2021 ViewingFiled with the IRS Mar 30, 2022 $4.2M$942K$3.3M$23.5M 990 PDF
FY2020Filed with the IRS Jul 21, 2021 $1.2M$842K$395K$18.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $4,215,222 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $407,502$3,474,851
I-9 Program service revenuePrior year $2,554$0
I-10 Investment incomePrior year $806,648$740,371
I-11 Other revenuePrior year $20,189$0
I-12 Total revenuePrior year $1,236,893$4,215,222
I-13 Grants and similar amounts paidPrior year $453,995$386,120
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $200,938$189,930
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $187,246$365,832
I-18 Total expensesPrior year $842,179$941,882
I-19 Revenue less expensesPrior year $394,714$3,273,340
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $4,215,222 across 7 lines filed
VIII-1e Government grants$205,413
VIII-1f All other contributions, gifts and grants$3,269,438
VIII-1g Noncash contributions (included above)$19,742
VIII-1h Total contributions, gifts and grants$3,474,851
VIII-3 Investment incomeExcluded from tax $402,645$402,645
VIII-7 Net gain or loss on sales of assetsExcluded from tax $337,726$337,726
VIII-12 Total revenueExcluded from tax $740,371$4,215,222
Part IX · Statement of functional expenses $941,882 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $279,820$279,820
IX-2 Grants to domestic individualsPrograms $106,300$106,300
IX-5 Pay of current officers, directors and key staffPrograms $17,084 · Management $44,418 · Fundraising $6,834$68,336
IX-7 Other salaries and wagesPrograms $26,378 · Management $68,582 · Fundraising $10,551$105,511
IX-9 Other employee benefitsPrograms $687 · Management $1,785 · Fundraising $275$2,747
IX-10 Payroll taxesPrograms $3,334 · Management $8,668 · Fundraising $1,334$13,336
IX-11b Legal feesManagement $2,114$2,114
IX-11c Accounting feesManagement $30,000$30,000
IX-11f Investment management feesManagement $37,205$37,205
IX-11g Other fees for servicesPrograms $3,605 · Management $19,930 · Fundraising $2,403$25,938
IX-12 Advertising and promotionFundraising $8,360$8,360
IX-13 Office expensesPrograms $3,711 · Management $9,553 · Fundraising $1,464$14,728
IX-14 Information technologyPrograms $8,786 · Management $22,844 · Fundraising $3,515$35,145
IX-16 OccupancyPrograms $14,275 · Management $5,490 · Fundraising $2,196$21,961
IX-19 Conferences, conventions and meetingsManagement $9,262$9,262
IX-22 Depreciation, depletion and amortizationManagement $10,791$10,791
IX-23 InsurancePrograms $5,197 · Management $1,732$6,929
IX-24 Other expenses (24a–d)Programs $141,981 · Management $19,433$161,414
IX-24e All other expensesManagement $1,086 · Fundraising $899$1,985
IX-25 Total functional expensesPrograms $611,158 · Management $292,893 · Fundraising $37,831$941,882
Part X · Balance sheet $23,796,897 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $21,994$2,647,943
X-2 Savings and temporary cash investmentsStart of year $407,294$513,718
X-9 Prepaid expenses and deferred chargesStart of year $830$5,605
X-10c Land, buildings and equipment, netStart of year $232,267$85,252
X-11 Publicly traded securitiesStart of year $18,201,140$20,519,879
X-12 Other securitiesStart of year $24,500$24,500
X-16 Total assetsStart of year $18,888,025$23,796,897
X-17 Accounts payable and accrued expensesStart of year $20,837$30,569
X-21 Escrow or custodial accountsStart of year $203,937$234,776
X-26 Total liabilitiesStart of year $224,774$265,345
X-27 Net assets without donor restrictionsStart of year $7,846,994$8,345,172
X-28 Net assets with donor restrictionsStart of year $10,816,257$15,186,380
X-32 Total net assets or fund balancesStart of year $18,663,251$23,531,552
X-33 Total liabilities and net assetsStart of year $18,888,025$23,796,897
Part XI · Reconciliation of net assets $23,531,552 net assets at year end
XI-1 Total revenue$4,215,222
XI-2 Total expenses$941,882
XI-3 Revenue less expenses$3,273,340
XI-4 Net assets at start of year$18,663,251
XI-5 Net unrealized gains (losses) on investments$1,840,051
XI-9 Other changes in net assets−$245,090
XI-10 Net assets at end of year$23,531,552

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

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