Communiversity Foundation FY2021 filing

Tax-deductible

Fairfield, IA501(c)(3)EducationEIN 71-0867218

To provide US-based funds to those national and international educational institutions that want to build the skill and knowledge base of the students to become a guiding light in the community

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
5 of 6
filings with a surplus
Average surplus $11K a year · 16% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $64K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14K
142% of total assets
Concern: liabilities are 142% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$29K
+54% vs prior year
Spent
$18K
To programs
58%
Net assets
−$4K
By yearFY2020–FY2025
Revenue
$29K
FY2021▲ +54%
Revenue by fiscal year
FY2020$19K
FY2021$29K
FY2022$35K
FY2023$55K
FY2024$120K
FY2025$169K
Expenses
$18K
FY2021▼ -14%
Expenses by fiscal year
FY2020$21K
FY2021$18K
FY2022$34K
FY2023$49K
FY2024$102K
FY2025$134K
Net assets
−$4K
FY2021▲ +73%
Net assets by fiscal year
FY2020−$16K
FY2021−$4K
FY2022−$4K
FY2023$2K
FY2024$20K
FY2025$55K

From the FY2021 Form 990 · 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 Jul 2002.

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

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $10K Management & general 42% · $8K

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

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Communiversity 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Funds educational institutions to build student skills and knowledge for community leadership.

Provided by the organization

This section is blank until Communiversity Foundation claims this page.

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1 program service account for $10K of program spending, described in the organization's own filed words · FY2021.
01

The pupose of the foundation is to provide US-based funds to those national and international educational institutions that want to build the skill and knowledge base of the students to become a guiding light in the community to bring about societal transformation.

$10Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$64K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$29K
Ln 12
Gifts and grantsLn 1h$25K
Investment incomeLn 3$4K
Money outPt IX
$18K
Ln 25
Programscol B$10K
Managementcol C$8K
Owns and owesPt X
−$4K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$14K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Investment incomeLn 3$4K
Total revenueLn 12$29K
Assets in detailPt X, end of year
SavingsLn 2$10K
Cash and savings togetherLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$14K
Net assetsLn 32−$4K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$5K$10K
Total assetsLn 16$5K$10K
LiabilitiesLn 26$21K$14K
Net assetsLn 32−$16K−$4K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$460$0$460$0
Office expensesLn 13$7K$0$7K$0
TravelLn 17$4K$4K$0$0
Other expenses (24a–d)Ln 24$7K$6K$150$0
Total functional expensesLn 25$18K$10K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $169K$134K$35K$55K 990 PDF
FY2024 $120K$102K$18K$20K 990 PDF
FY2023 $55K$49K$6K$2K 990 PDF
FY2022 $35K$34K$403−$4K 990 PDF
FY2021 Viewing $29K$18K$11K−$4K 990 PDF
FY2020 $19K$21K−$2K−$16K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $29,325 across 4 lines filed
VIII-1f All other contributions, gifts and grants$25,392
VIII-1h Total contributions, gifts and grants$25,392
VIII-3 Investment incomeUnrelated business $3,933 · Excluded from tax $0$3,933
VIII-12 Total revenueRelated to mission $0 · Unrelated business $3,933 · Excluded from tax $0$29,325
Part IX · Statement of functional expenses $17,948 across 4 lines filed
IX-11c Accounting feesPrograms $0 · Management $460 · Fundraising $0$460
IX-13 Office expensesPrograms $0 · Management $6,979 · Fundraising $0$6,979
IX-17 TravelPrograms $3,967 · Management $0 · Fundraising $0$3,967
IX-24 Other expenses (24a–d)Programs $6,392 · Management $150 · Fundraising $0$6,542
IX-25 Total functional expensesPrograms $10,359 · Management $7,589 · Fundraising $0$17,948
Part X · Balance sheet $10,082 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $4,954$10,082
X-16 Total assetsStart of year $4,954$10,082
X-26 Total liabilitiesStart of year $20,587$14,338
X-27 Net assets without donor restrictionsStart of year −$15,633−$4,256
X-32 Total net assets or fund balancesStart of year −$15,633−$4,256
X-33 Total liabilities and net assetsStart of year $4,954$10,082
Part XI · Reconciliation of net assets −$4,256 net assets at year end
XI-1 Total revenue$29,325
XI-2 Total expenses$17,948
XI-3 Revenue less expenses$11,377
XI-4 Net assets at start of year−$15,633
XI-10 Net assets at end of year−$4,256

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

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