Custer County Foundation INC EIN 47-0752656 Form 990 (PDF) Claim this org

Custer County Foundation INC

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Awards grants, scholarships, and supports charitable groups and donors. For fiscal year 2024 it reported $1.9M in revenue, $903K in expenses, and $8.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Broken Bow, NE
Website
custercountyfoundation.org
Filings
5 on file (2020–2024)
Revenue
$1.9MFY2024
Expenses
$903K
Net assets
$8.1M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-0752656 Public charity (501(c)(3)) Broken Bow, NE
Form 990 (PDF)
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
Awards grants, scholarships, and supports charitable groups and donors.
Leadership
Rilee Daffer · Executive Di · $38K
Money in and out
$1.9M revenue, $903K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$903K
Pt IX · Ln 25
Net assets
$8.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.0M
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Program efficiency
96%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
107.7mo
months of highly liquid reserves at operating expense rate▲ +88% vs prior filing year
Surplus margin
+53%
revenue over expenses, this year▲ +57% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.9M
FY2024▼ -14%
Expenses
$903K
FY2024▼ -39%
Total assets
$8.1M
FY2024▲ +15%
Total liabilities
$3K
FY2024▼ -26%
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$903K
Pt IX · Ln 25
Net assets
$8.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.0M
Total assetsPt X · Ln 16$8.1M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCuster County Foundation INC
EINHdr · item D47-0752656
Principal addressHdr · item CBroken Bow, NE
WebsiteHdr · item Jcustercountyfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S43Z)
Ruling yearIRS BMFOct 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$37,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rilee Daffer’s $38K as Executive Di is at the 3rd percentile of top reported officer pay among 2834 $1–10M community development 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lindsay Cook$58,125$56,217$51,827$50,442
Rilee Daffer$37,500

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $632K of program spending, described in the organization's own filed words · FY2024.
01

Local organizational grants

$405Kprogram expense
02

Scholarships throughout the county both traditional and non traditional

$169Kprogram expense
03

Local support for schools and civic organizations

$58Kprogram expense

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Statement of Revenue

Part VIII
Investment income$952K · 49%
Contributions & grants$777K · 40%
Program service revenue$103K · 5%
Other revenue$104K · 5%
Investment income49%$952K
Contributions & grants40%$777K
Program service revenue5%$103K
Other revenue5%$104K
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Program services96%$863K
Management & general3%$30K
Fundraising1%$10K
Total functional expensesLn 25$903K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$8.1M
Total liabilitiesLn 26$3K
Total net assetsLn 32$8.1M
Months of cash on handcomputed17.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $8.1M · Operating expenses/yr $903K
107.7 months
Where the money goes
Program services
Program services $863K · Total expenses $903K
96%
Management & General
Management & general $30K · Total expenses $903K
3%
Fundraising
Fundraising $10K · Total expenses $903K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $927K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $777K · Total revenue $1.9M
40%
Government reliance
Government grants — · Total revenue $1.9M
Earned-income share
Program service revenue $103K · Total revenue $1.9M
5%
Investment reliance
Investment income $952K · Total revenue $1.9M
+49%
Program self-sufficiency
Program service revenue $103K · Total expenses $903K
11%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $2.2M
-14%
Revenue CAGR
FY2020 $2.0M · FY2024 $1.9M
-0.8%
Net-asset trend (YoY)
End of year $8.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $903K
+53%
Liabilities-to-Assets
Total liabilities — · Total assets $8.1M
Net-asset ratio
Net assets $8.1M · Total assets $8.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $8.1M
84%
People & payroll
Highest Reported Total Compensation
Individual Rilee Daffer · Reported title EXECUTIVE DI · Highest reported compensation $38K · Total expenses $903K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $903K
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 3%
Fundraising cost ratio 1%
Revenue growth -14%
Accounting fee ratio 0.9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 13 grants · $3.4M · 2021–2024
Other Local OrganizationsFY2024$405,080
Unitemized GrantFY2024$169,229
Local Schools and CitiesFY2024$57,675
Unitemized GrantFY2023$896,346
Unitemized GrantFY2023$163,853
Rural Fire DepartmentsFY2023$130,044
Unitemized GrantFY2022$474,256
Unitemized GrantFY2022$153,229
Rural Fire DepartmentsFY2022$106,091
Unitemized GrantFY2021$689,110
Unitemized GrantFY2021$112,806
Unitemized GrantFY2021$47,500
Oconto Rural Fire BoardFY2021$35,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.9M revenue · viewing · ⤓ 990 PDF
FY2023$2.2M revenue · ⤓ 990 PDF
FY2022$247K revenue · ⤓ 990 PDF
FY2021$2.1M revenue · ⤓ 990 PDF
FY2020$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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