Bond County Community Foundation FY2020 filing

Tax-deductible

Vandalia, IL501(c)(3)EducationEIN 46-4356787Revenue $143K in FY2020

On file with the IRS311 Banker Blvd, 62471-1941 · Vandalia, ILTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Facilitate, foster, and promote the ongoing conduct of actions and activities which will both provide and promote educational and charitable opportunities at a local, Community level, through Bond County and areas immediately adjacent thereto, by the funding of charitable and educational organizations and the granting of educational scholarships.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$6K 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

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $7K a year · 2% 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
19 mo
of spending, in cash
Looks good: 19.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$143K
Spent
$123K
To programs
87%
Net assets
$555K
By yearFY2020–FY2024
Revenue
$143K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$143K
FY2021$439K
FY2022$348K
FY2023$232K
FY2024$364K
Expenses
$123K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$123K
FY2021$453K
FY2022$398K
FY2023$311K
FY2024$208K
Net assets
$555K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$555K
FY2021$540K
FY2022$460K
FY2023$401K
FY2024$562K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $106K Management & general 12% · $15K Fundraising 1% · $1K

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

10 people listed on the 990; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation
$6,479Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jay Jolliff Fnb Trustee’s $3K as Treasurer is at the 2nd percentile of top reported officer pay among 1613 $100K–1M 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

NameFY2024FY2023FY2022FY2021FY2020
Jay Jolliff Fnb Trustee$2,750$750$6,354$6,354$6,479

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 Bond County Community Foundation executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds local educational and charitable groups and awards scholarships.

Questions for Bond County Community Foundation

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Provided by the organization

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3 programs · $91K · in their own filed words · FY2020
01

Bond County CEO Program

Bond county community foundation served area residents by providing high school students with an entrepreneurial course in business education to help encourage students to start their own business.

$41Kprogram expense
02

Smith Family Fund

The bond county community foundation served area charities and residents by providing various donations and scholarships.

$34Kprogram expense
03

Bond County Independence Day Festival Association

Bond county community foundation fosters community by supporting the annual independence day festival.

$15Kprogram 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
Total grants receivedfrom 1 funder$10K
Grants paid · 38 grants · $1.3M · 2020–2024
Bond County Independence Day Festival AssociationFY2024$54,183
Greenville High School Sports BoostersFY2024$42,013
Bond County CEO ProgramFY2024$36,262
Live Like Lincoln FoundationFY2024$23,935
Bond County Secret Santa SocietyFY2024$6,674
Individual RecipientFY2024$6,476
Unitemized GrantFY2024$6,328
Unitemized GrantFY2024$3,200
American Heritage RailroadFY2023$90,000
Bond County Independence Day Festival AssociationFY2023$68,394
Greenville High School Sports BoostersFY2023$46,484
Bond County CEO ProgramFY2023$35,203
Bond County Secret Santa SocietyFY2023$8,144
Unitemized GrantFY2023$4,693
Unitemized GrantFY2023$2,500
Greenville High School Sports BoostersFY2022$158,285
Greenville High School Music BoostersFY2022$78,147
See all 38 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$143K
Ln 12
Gifts and grantsLn 1h$89K
Other incomeLn 4–11$36K
Investment incomeLn 3$18K
Money outPt IX
$123K
Ln 25
Programscol B$106K
Managementcol C$15K
Fundraisingcol D$1K
Owns and owesPt X
$555K
net assets · Ln 32
Cash and savingsLn 1–2$194K
Total assetsLn 16$555K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$89K
Investment incomeLn 3$18K
Other incomeLn 4–11$36K
Total revenueLn 12$143K
Assets in detailPt X, end of year
SavingsLn 2$194K
Cash and savings togetherLn 1–2$194K
InvestmentsLn 11–13$361K
Total assetsLn 16$555K
LiabilitiesLn 26$0
Net assetsLn 32$555K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$324K$194K
InvestmentsLn 11–13$200K$361K
Total assetsLn 16$523K$555K
LiabilitiesLn 26$0$0
Net assetsLn 32$523K$555K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$105K$105K
Grants to domestic individualsLn 2$1K$1K
Pay of current officers, directors and key staffLn 5$6K$6K
Legal feesLn 11b$800$800
Accounting feesLn 11c$4K$4K
Office expensesLn 13$1K$1K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$400$400
Total functional expensesLn 25$123K$106K$15K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $364K$208K$156K$562K 990 PDF
FY2023 $232K$311K−$79K$401K 990 PDF
FY2022 $348K$398K−$49K$460K 990 PDF
FY2021 $439K$453K−$14K$540K 990 PDF
FY2020 Viewing $143K$123K$20K$555K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $142,691 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $136,983$88,704
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $13,717$18,175
I-11 Other revenuePrior year $16,824$35,812
I-12 Total revenuePrior year $167,524$142,691
I-13 Grants and similar amounts paidPrior year $351,996$106,418
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,972$6,479
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,254$10,065
I-18 Total expensesPrior year $370,222$122,962
I-19 Revenue less expensesPrior year −$202,698$19,729
Part VI · Governance 9 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $142,691 across 5 lines filed
VIII-1f All other contributions, gifts and grants$88,704
VIII-1h Total contributions, gifts and grants$88,704
VIII-3 Investment incomeExcluded from tax $18,175$18,175
VIII-8 Net income from fundraising eventsExcluded from tax $35,812$35,812
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $53,987$142,691
Part IX · Statement of functional expenses $122,962 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $105,418$105,418
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-5 Pay of current officers, directors and key staffManagement $6,479$6,479
IX-11b Legal feesManagement $800$800
IX-11c Accounting feesManagement $4,400$4,400
IX-13 Office expensesFundraising $1,200$1,200
IX-23 InsuranceManagement $3,265$3,265
IX-24 Other expenses (24a–d)Management $400$400
IX-25 Total functional expensesPrograms $106,418 · Management $15,344 · Fundraising $1,200$122,962
Part X · Balance sheet $555,419 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $323,683$194,237
X-12 Other securitiesStart of year $199,769$361,182
X-16 Total assetsStart of year $523,452$555,419
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $523,452$555,419
X-33 Total liabilities and net assetsStart of year $523,452$555,419
Part XI · Reconciliation of net assets $555,419 net assets at year end
XI-1 Total revenue$142,691
XI-2 Total expenses$122,962
XI-3 Revenue less expenses$19,729
XI-4 Net assets at start of year$523,452
XI-5 Net unrealized gains (losses) on investments$12,238
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$555,419

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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