Future Neenah INC FY2020 filing

Tax-deductible

Neenah, WI501(c)(3)EnvironmentEIN 93-0843731Revenue $526K in FY2020

On file with the IRSneenah.org135 W Wisconsin Ave, 54956-3011 · Neenah, WITax-exempt since Apr 1999Publicly supported charity — 170(b)(1)(A)(vi)

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Civic development group engaged in the leadership, management and funding of a wide range of programs, projects and events in Neenah, wisconsin, a city of 25,000 situated in a region of over 300,000.

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$60K 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
5 of 5
filings with a surplus
Average surplus $99K a year · 17% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$526K
Spent
$387K
To programs
58%
Net assets
$770K
By yearFY2020–FY2024
Revenue
$526K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$526K
FY2021$509K
FY2022$479K
FY2023$611K
FY2024$779K
Expenses
$387K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$387K
FY2021$439K
FY2022$425K
FY2023$579K
FY2024$577K
Net assets
$770K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$770K
FY2021$876K
FY2022$876K
FY2023$944K
FY2024$1.2M

From the FY2020 Form 990 · see the original

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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 Apr 1999.

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% · $223K Management & general 26% · $102K Fundraising 16% · $63K

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

17 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$60,052Pt VII · Sec A
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
2nd Vice Pre
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A

Brent Bowman’s $60K as Executive Di is at the 40th percentile of top reported officer pay among 1989 $100K–1M environment 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
Brent Bowman$60,243$66,284$22,500——
Nikki Hessel———$60,180$60,052

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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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

Develops, manages, and funds community programs, projects, and events in Neenah, Wisconsin.

Provided by the organization

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3 programs · $223K · in their own filed words · FY2020
01

Provides various events within the community to gather the residents together. This includes art events, farmers marakets, holiday celebrations, and many more.

$134Kprogram expense
02

Physical maintenance to maintain an attractive, clean district. Retention and recruitment to create and maintain a plan to retain existing businesses and to recruit new destination businesses.

$60Kprogram expense
03

Publication designed to keep the public informed of the issues and events that shape the lives in the neenah area. The magazine is published seasonally spring / SUMMER/ WINTER/ fall.

$29Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$526K
Ln 12
Gifts and grantsLn 1h$296K
Fees for servicesLn 2g$221K
Other incomeLn 4–11$8K
Money outPt IX
$387K
Ln 25
Programscol B$223K
Managementcol C$102K
Fundraisingcol D$63K
Owns and owesPt X
$770K
net assets · Ln 32
Cash and savingsLn 1–2$275K
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$296K
Government grantsLn 1e$46K
Fees for servicesLn 2g$221K
Investment incomeLn 3$1K
Other incomeLn 4–11$8K
Total revenueLn 12$526K
Assets in detailPt X, end of year
SavingsLn 2$275K
Cash and savings togetherLn 1–2$275K
InvestmentsLn 11–13$293K
Land, buildings, equipmentLn 10c$222K
Other assetsLn 15$1.0M
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.1M
Net assetsLn 32$770K
OperationsPt I, VI
EmployeesI 59
VolunteersI 617
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$246K$275K
InvestmentsLn 11–13$157K$293K
Land, buildings, equipmentLn 10c$231K$222K
Total assetsLn 16$757K$1.8M
LiabilitiesLn 26$153K$1.1M
Net assetsLn 32$605K$770K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$60K$32K$17K$11K
Other salaries and wagesLn 7$150K$80K$43K$27K
Other employee benefitsLn 9$26K$14K$8K$5K
Payroll taxesLn 10$16K$9K$5K$3K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$25K$14K$9K$2K
Advertising and promotionLn 12$8K$8K$225
Office expensesLn 13$20K$14K$4K$1K
OccupancyLn 16$7K$4K$2K$1K
TravelLn 17$266$184$74$8
Conferences, conventions and meetingsLn 19$1K$304$733
Depreciation, depletion and amortizationLn 22$9K$5K$3K$2K
InsuranceLn 23$3K$1K$729$448
Other expenses (24a–d)Ln 24$60K$42K$7K$11K
All other expensesLn 24e$151$151
Total functional expensesLn 25$387K$223K$102K$63K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $779K$577K$203K$1.2M 990 PDF
FY2023 $611K$579K$32K$944K 990 PDF
FY2022 $479K$425K$53K$876K 990 PDF
FY2021 $509K$439K$70K$876K 990 PDF
FY2020 Viewing $526K$387K$139K$770K 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 $526,205 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $165,019$295,904
I-9 Program service revenuePrior year $272,017$221,226
I-10 Investment incomePrior year $890$1,367
I-11 Other revenuePrior year $10,883$7,708
I-12 Total revenuePrior year $448,809$526,205
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $242,660$252,796
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $147,120$134,444
I-18 Total expensesPrior year $389,780$387,240
I-19 Revenue less expensesPrior year $59,029$138,965
Part VI · Governance 16 of 16 board members independent, 3 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $526,205 across 7 lines filed
VIII-1e Government grants$46,300
VIII-1f All other contributions, gifts and grants$249,604
VIII-1h Total contributions, gifts and grants$295,904
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $221,226$221,226
VIII-3 Investment incomeExcluded from tax $1,367$1,367
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,708$7,708
VIII-12 Total revenueRelated to mission $228,934 · Excluded from tax $1,367$526,205
Part IX · Statement of functional expenses $387,240 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $31,828 · Management $17,415 · Fundraising $10,809$60,052
IX-7 Other salaries and wagesPrograms $79,803 · Management $43,437 · Fundraising $26,542$149,782
IX-9 Other employee benefitsPrograms $14,090 · Management $7,681 · Fundraising $4,714$26,485
IX-10 Payroll taxesPrograms $8,766 · Management $4,778 · Fundraising $2,933$16,477
IX-11f Investment management feesManagement $1,681$1,681
IX-11g Other fees for servicesPrograms $13,998 · Management $8,939 · Fundraising $2,490$25,427
IX-12 Advertising and promotionPrograms $7,642 · Management $225$7,867
IX-13 Office expensesPrograms $14,456 · Management $3,995 · Fundraising $1,314$19,765
IX-16 OccupancyPrograms $3,808 · Management $2,076 · Fundraising $1,274$7,158
IX-17 TravelPrograms $184 · Management $74 · Fundraising $8$266
IX-19 Conferences, conventions and meetingsPrograms $304 · Management $733$1,037
IX-22 Depreciation, depletion and amortizationPrograms $4,709 · Management $2,567 · Fundraising $1,575$8,851
IX-23 InsurancePrograms $1,338 · Management $729 · Fundraising $448$2,515
IX-24 Other expenses (24a–d)Programs $41,745 · Management $7,256 · Fundraising $10,725$59,726
IX-24e All other expensesPrograms $151$151
IX-25 Total functional expensesPrograms $222,822 · Management $101,586 · Fundraising $62,832$387,240
Part X · Balance sheet $1,844,045 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $245,511$274,886
X-4 Accounts receivableStart of year $12,950$10,264
X-9 Prepaid expenses and deferred chargesStart of year $1,499$1,567
X-10c Land, buildings and equipment, netStart of year $231,183$222,329
X-11 Publicly traded securitiesStart of year $157,044$292,824
X-15 Other assetsStart of year $109,241$1,042,175
X-16 Total assetsStart of year $757,428$1,844,045
X-17 Accounts payable and accrued expensesStart of year $31,781$16,693
X-19 Deferred revenueStart of year $31,559$114,278
X-25 Other liabilitiesStart of year $89,328$942,673
X-26 Total liabilitiesStart of year $152,668$1,073,644
X-27 Net assets without donor restrictionsStart of year $481,470$510,452
X-28 Net assets with donor restrictionsStart of year $123,290$259,949
X-32 Total net assets or fund balancesStart of year $604,760$770,401
X-33 Total liabilities and net assetsStart of year $757,428$1,844,045
Part XI · Reconciliation of net assets $770,401 net assets at year end
XI-1 Total revenue$526,205
XI-2 Total expenses$387,240
XI-3 Revenue less expenses$138,965
XI-4 Net assets at start of year$604,760
XI-5 Net unrealized gains (losses) on investments$26,676
XI-10 Net assets at end of year$770,401

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

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