Communiversity Foundation FY2024 filing

Fairfield, IA · Higher education institution · Education

✓ Tax-deductible Latest data FY2024
Revenue
$120K
▲ +116% vs prior year
Spent
$102K
To programs
48%
Net assets
$20K
By yearFY2020–FY2025
Revenue
$120K
FY2024▲ +116%
Revenue by fiscal year
FY2020$19K
FY2021$29K
FY2022$35K
FY2023$55K
FY2024$120K
FY2025$169K
Expenses
$102K
FY2024▲ +107%
Expenses by fiscal year
FY2020$21K
FY2021$18K
FY2022$34K
FY2023$49K
FY2024$102K
FY2025$134K
Net assets
$20K
FY2024▲ +717%
Net assets by fiscal year
FY2020$-16K
FY2021$-4K
FY2022$-4K
FY2023$2K
FY2024$20K
FY2025$55K
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
2 funders, incl. Fidelity Investments Charitable Gift Fund
$64K in the latest grant year.
Spent on programs?
48% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +116% vs prior year
Legal name (IRS)Hdr · item CCommuniversity Foundation
EINHdr · item D71-0867218
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2002
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CFairfield, IA
NTEE classificationIRS BMFEducation (B12)
WebsiteHdr · item Jcommuniversitysa.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.29 Fundraising $0.22
Program services48%$49K
Management & general29%$30K
Fundraising22%$23K
Total functional expensesLn 25$102K

Financial health

Operating surplus
+15%
revenue over expenses, this legal entity
Program spending
48%
of expenses reach program services
Gift & grant revenue
100%
of revenue from contributions & grants

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$30K
FY2024▲ +141%
Total assets by fiscal year
FY2020$5K
FY2021$10K
FY2022$6K
FY2023$13K
FY2024$30K
FY2025$65K
Total liabilities
$10K
FY20240%
Total liabilities by fiscal year
FY2020$21K
FY2021$14K
FY2022$10K
FY2023$10K
FY2024$10K
FY2025$10K
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$30K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$30K
Total assetsLn 16$30K
Total liabilitiesLn 26$10K
Total net assetsLn 32$20K
Months of cash on handcomputed3.5

Statement of Revenue

Part VIII
Contributions & grants100%$120K
Investment income$5
Total revenueLn 12$120K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $30K · Operating expenses (Pt IX) $102K · Less non-cash grants $15K · Cash operating expenses/yr $87K
4.1 months
Where the money goes
Program services
Program services $49K · Total expenses $102K
48%
Management & General
Management & general $30K · Total expenses $102K
29%
Fundraising
Fundraising $23K · Total expenses $102K
22%
Cost to raise $1
Fundraising expense (3-yr avg) $8K · Solicited contributions (3-yr avg) $70K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $120K · Total revenue $120K
100%
Government reliance
Government grants — · Total revenue $120K
—
Earned-income share
Program service revenue $0 · Total revenue $120K
0%
Investment reliance
Investment income $5 · Total revenue $120K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $102K
0%
Growth & trend
Revenue growth (YoY)
This year $120K · Prior year $55K
+116%
Net-asset trend (YoY)
End of year $20K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $120K · Expenses $102K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $30K
—
Net-asset ratio
Net assets $20K · Total assets $30K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $30K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Melanie Brown · Reported title President · Highest reported compensation $0 · Total expenses $102K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $102K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 48%——
Overhead ratio 29%——
Fundraising cost ratio 19%——
Revenue growth 116%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Officers, Directors & Key Employees

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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

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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Mission & Programs · Part III

Where the work happens

1 program service account for $49K of program spending, described in the organization's own filed words · FY2024.
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.

$49Kprogram expense

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Funders

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

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $169K$134K+41% 990 PDF
FY2024 Viewing $120K$102K+116% 990 PDF
FY2023 $55K$49K+60% 990 PDF
FY2022 $35K$34K+18% 990 PDF
FY2021 $29K$18K+54% 990 PDF
FY2020 $19K$21K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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