PLATINUM2024

Wayne County Community Foundation

Investing in our future.

aka Wayne County Community Foundation   |   Honesdale, PA   |  http://www.waynefoundation.org
GuideStar Charity Check

Wayne County Community Foundation

EIN: 23-2656896


Mission

The Wayne County Community Foundation is a philanthropic organization dedication to enhancing the quality of life and investing in the future of Wayne County, Pennsylvania. Our Mission is accomplished by providing leadership in community service; prudent stewardship of charitable contributions; and the equitable distribution of funds across our communities.

Ruling year info

1991

President/CEO

Ryanne Jennings

Main address

918 Church Street Suite F

Honesdale, PA 18431 USA

Show more contact info

EIN

23-2656896

Subject area info

Foundations

Community improvement

Population served info

Children and youth

Adults

LGBTQ people

Heterosexuals

Women and girls

Show more populations served

NTEE code info

Community Foundations (T31)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Wayne County Community Foundation is working to build endowed funds that will address the needs of our community now and into the future for years to come. We work with dozens of organizations and businesses to help support their philanthropic interests and meet their charitable giving goals. We also act as a fiscal sponsor for groups who are working to raise money for charitable causes but do not want to create their own nonprofit organization. Lastly, The Foundation works to provide small grants to nonprofit organizations that serve Wayne County residents and administer scholarships for Wayne County residents furthering their education after High School.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grantmaking

The Wayne County Community Foundation is a non-profit foundation whose primary goal is to build a charitable reserve of funds for the current and future needs of Wayne County.

The Foundation uses grant resources to support a wide variety of community organizations, empowering them where possible to thrive, grow and become self-sustaining.

In consideration of grant applications the Grant Committee and Board may give preference to the following:

The program that meets the greatest community need and assists the largest number of individuals
The applicant agency has not received a recent grant award
The applicant has submitted a quality proposal describing a specific need
The Foundation has funds available.
The Wayne County Community Foundation awards grants quarterly to non-profit agencies located in Wayne County that sustain and advance access to the arts, literacy, culture, community development, education, the environment, and health and human services.

In response to changing times, the Foundation may at any time redefine its areas of interest, designate new areas of focus, or address specific emergency needs of our communities and its citizens.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of training workshops

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Ethnic and racial groups, Religious groups, People with disabilities

Related Program

Grantmaking

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of donors retained

This metric is no longer tracked.
Totals By Year
Related Program

Grantmaking

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

in percentages

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Foundation serves the needs of the entire county, forming a space where a multitude of long- and short-range causes can be met, as well as a place where donors can create specific gifts to highlight their own concerns and interests. The Foundation strives to create a community pooling of assets that has the potential to benefit Wayne County for years and years to come; gifts that will give back forever.

Over these past three decades, individuals, families, businesses, and organizations have created a variety of permanent charitable funds that help the county meet the constantly evolving challenges of changing times. The Foundation invests and administers these funds, using the returns to award grants, scholarships, and promote programs to a wide range of humanitarian, educational, and cultural organizations.

When donors choose a community foundation as the vehicle for a donor advised fund for their
charitable giving, the whole community benefits. When donors choose to provide the community
foundation unrestricted funding to support our operations, the staff of the foundation, with our
expertise in fundraising, nonprofit management, and grant writing, can help support the nonprofit
organizations in our area do their work more effectively. The more assets under management at a
community foundation, the more money that goes out into our community in the form of grants,
scholarships, technical assistance, and training.

Each donor is unique, and were here to help you fulfill your charitable interests. Community
foundations are partners to donors, nonprofits, financial advisors, accountants and attorneys.

Financials

Wayne County Community Foundation
Fiscal year: Jul 01 - Jun 30
Financial documents
2023 Wayne County
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

122.69

Average of 333.62 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

13.1

Average of 11.1 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

16%

Average of 3% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Wayne County Community Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Wayne County Community Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Wayne County Community Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Wayne County Community Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $8,982 -$51,481 -$124,598 -$312,033 $178,932
As % of expenses 1.4% -6.4% -18.1% -22.9% 11.7%
Unrestricted surplus (deficit) after depreciation $8,982 -$51,714 -$124,831 -$312,266 $173,011
As % of expenses 1.4% -6.4% -18.2% -23.0% 11.2%
Revenue composition info
Total revenue (unrestricted & restricted) $1,139,555 $1,321,401 $2,326,901 $4,202,893 $2,993,787
Total revenue, % change over prior year 52.6% 16.0% 76.1% 80.6% -28.8%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 12.6% 10.0% 5.2% 4.1% 9.4%
Government grants 0.0% 0.0% 0.1% 0.1% 0.0%
All other grants and contributions 82.8% 88.6% 88.4% 92.3% 87.8%
Other revenue 4.6% 1.4% 6.4% 3.5% 2.8%
Expense composition info
Total expenses before depreciation $637,267 $809,454 $686,964 $1,360,025 $1,535,374
Total expenses, % change over prior year 61.7% 27.0% -15.1% 98.0% 12.9%
Personnel 5.0% 5.1% 8.5% 6.8% 12.3%
Professional fees 5.8% 6.6% 11.5% 8.6% 8.2%
Occupancy 1.2% 1.0% 1.2% 0.6% 0.7%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 81.7% 81.3% 73.6% 79.7% 72.3%
All other expenses 6.3% 6.0% 5.2% 4.3% 6.5%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $637,267 $809,687 $687,197 $1,360,258 $1,541,295
One month of savings $53,106 $67,455 $57,247 $113,335 $127,948
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $700 $0 $0 $33,104
Total full costs (estimated) $690,373 $877,842 $744,444 $1,473,593 $1,702,347

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 5.4 6.2 22.5 8.0 13.1
Months of cash and investments 96.3 82.2 146.1 88.0 94.2
Months of estimated liquid unrestricted net assets 22.4 16.8 17.7 6.2 6.6
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $287,498 $415,078 $1,287,035 $902,586 $1,680,104
Investments $4,824,382 $5,131,338 $7,077,626 $9,066,570 $10,374,196
Receivables $0 $12,990 $0 $20,000 $18,471
Gross land, buildings, equipment (LBE) $11,101 $11,801 $700 $700 $33,804
Accumulated depreciation (as a % of LBE) 100.0% 96.0% 66.6% 100.0% 19.6%
Liabilities (as a % of assets) 0.4% 0.4% 0.2% 0.4% 0.8%
Unrestricted net assets $1,187,966 $1,136,252 $1,011,421 $699,155 $872,166
Temporarily restricted net assets $3,903,447 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $3,903,447 $4,401,235 $7,336,273 $9,247,653 $11,129,540
Total net assets $5,091,413 $5,537,487 $8,347,694 $9,946,808 $12,001,706

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President/CEO

Ryanne Jennings

Ryanne has her BS in Public Health from Temple University and certificate of Nonprofit Leadership from the University of Scranton. She worked for 5 years in health communications at The Food Trust in Philadelphia and most recently Ryanne worked as the Executive Director for The Cooperage Project, a community hub in Honesdale, PA. During her 3+ years at The Cooperage Project she coordinated and planned over 1000 events at the Cooperage and in the community as well as significantly grew their grant funding and expanded their youth programming. Ryanne serves as a board member of the Family Center in Honesdale; sits on the Advisory Board of SEEDS; and is on the Steering Committee of the Wayne/Pike Trails and Waterways Alliance. She is also a volunteer with the Wayne County Public Library and remains very active as a volunteer with The Cooperage Project.

Number of employees

Source: IRS Form 990

Wayne County Community Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Wayne County Community Foundation

Board of directors
as of 03/11/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ronald Jay Starnes

John Carmody

Ronald Jay Starnes

Peter Bochnovich

William Gershey

Sharon Herzog

James B. Kilgore

Sandra O'Neill Rickard

Gene Shultz

Alycia Schwartz

Jordan Ruden

Margaret Welker

Ethan Wood

Raymond Hamill

Warren Schloesser

Kimberly Oxholm

Sarah Draidfort

Jonathan Kline

Katherine Bryant

Andrea Lane Chapman

Organizational demographics

SOURCE: Self-reported; last updated 2/21/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data