GOLD2023

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

Bringing People and Resources Together

Winchester, IN   |  randolphcountyfoundation.org
GuideStar Charity Check

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

EIN: 35-1903148


Mission

The Community Foundation of Randolph County, Inc. seeks to bring people and resources together to strengthen the quality of life, both now and in the future, for the residents of Randolph County.

Ruling year info

1993

Executive Director/CEO

Lisa Jennings

Main address

120 W. Washington St.

Winchester, IN 47394 USA

Show more contact info

EIN

35-1903148

Subject area info

Foundations

Community improvement

Population served info

Children and youth

Adults

NTEE code info

Community Foundations (T31)

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

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?

Randolph County Promise

Student 529 Accounts offered at school registration

Population(s) Served
Children and youth

Where we work

Accreditations

Council on Foundations Accredited

Council on Foundations National Standards 2007

Affiliations & memberships

Council on Foundations - Member 2010

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.

Strategic Goals:
Grantmaking
Asset Development
Community Engagement

Grantmaking:
Be supportive of our local nonprofit sector's new ideas and look for greater impact grant opportunities
Measure the outcome of funded programs by conducting a review of grant reports recieved
Evolve grantmaking with lessons learned from our collaborative COVID-19 Relief Fund
Asset Development:
Continue with endowment building efforts by providing selective matching opportunities
Identify & build Professional Advisor relationships to enhance Community Foundation awareness
Identify, cultivate & steward donor relationships through sending mailings & by promoting our RC Hero Fund &
others
Community Engagement:
Increase & develop relationships with nonprofit organizations
Increase community understanding of the Community Foundation
Continue leadership initiatives and partnerships to uncover opportunities to address identified needs in the County
Create and manage a Funders Forum for collective investment in those opportunities

Financials

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.
Fiscal year: Jan 01 - Dec 31

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 2021 info

SOURCE: IRS Form 990

46.86

Average of 40.41 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

20.5

Average of 16.6 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

10%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

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

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.’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 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $211,885 -$39,810 $836,924 $429,373 $829,279
As % of expenses 27.0% -4.6% 75.2% 58.5% 101.8%
Unrestricted surplus (deficit) after depreciation $209,665 -$43,473 $833,671 $426,538 $825,010
As % of expenses 26.7% -5.0% 74.7% 57.9% 100.8%
Revenue composition info
Total revenue (unrestricted & restricted) $936,793 $1,885,936 $1,131,158 $979,955 $1,918,292
Total revenue, % change over prior year 5.5% 101.3% -40.0% -13.4% 95.8%
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 19.3% 9.5% 17.6% 19.2% 10.3%
Government grants 0.0% 0.0% 0.0% 0.0% 2.9%
All other grants and contributions 45.4% 63.6% 52.1% 46.6% 40.6%
Other revenue 35.3% 26.9% 30.3% 34.2% 46.1%
Expense composition info
Total expenses before depreciation $784,237 $869,506 $1,112,457 $734,352 $814,526
Total expenses, % change over prior year -0.4% 10.9% 27.9% -34.0% 10.9%
Personnel 15.8% 16.1% 13.5% 20.8% 18.9%
Professional fees 10.0% 9.6% 8.0% 12.0% 13.3%
Occupancy 0.8% 1.0% 1.0% 1.6% 1.4%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 66.4% 54.0% 65.3% 51.7% 51.5%
All other expenses 7.0% 19.3% 12.3% 13.9% 14.9%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $786,457 $873,169 $1,115,710 $737,187 $818,795
One month of savings $65,353 $72,459 $92,705 $61,196 $67,877
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $11,557 $0 $0 $0 $15,576
Total full costs (estimated) $863,367 $945,628 $1,208,415 $798,383 $902,248

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 9.7 22.8 11.6 15.6 20.5
Months of cash and investments 148.1 131.1 117.9 198.4 206.4
Months of estimated liquid unrestricted net assets 44.9 39.9 40.2 67.9 73.2
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $637,054 $1,649,677 $1,072,673 $955,644 $1,389,251
Investments $9,042,736 $7,853,258 $9,856,255 $11,186,690 $12,617,791
Receivables $40,410 $172,940 $142,188 $153,153 $379,324
Gross land, buildings, equipment (LBE) $78,643 $64,218 $64,218 $65,769 $81,345
Accumulated depreciation (as a % of LBE) 82.8% 81.8% 86.9% 89.1% 77.3%
Liabilities (as a % of assets) 2.7% 2.6% 2.1% 2.4% 2.1%
Unrestricted net assets $2,945,130 $2,901,657 $3,735,328 $4,161,866 $4,986,876
Temporarily restricted net assets $6,531,800 $6,539,653 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $6,531,800 $6,539,653 $7,116,392 $7,849,376 $9,120,079
Total net assets $9,476,930 $9,441,310 $10,851,720 $12,011,242 $14,106,955

Key data checks

Key data checks info 2017 2018 2019 2020 2021
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

Executive Director/CEO

Lisa Jennings

In February of 2016, the Foundation welcomed Lisa Jennings as the new Executive Director. A native of Winchester, Lisa had previously served on the Board of Directors of the Community Foundation as Treasurer. She has a B.A. in Entrepreneurship and Management Information Science from Ball State University, as well as a B.S. in Accounting. Prior to joining the Foundation as Executive Director, Lisa worked in the Wealth Management Divisions of First Merchants Trust Company and Old National Trust Company for a combined 15 years. Lisa, as Executive Officer of the Foundation, directs, coordinates and supports all of the Foundation's functions, programs, and services. She is responsible for financial and operational management of the Foundation, for establishing strong relationships and for directing public awareness efforts toward promoting the good works of the Foundation.

Number of employees

Source: IRS Form 990

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

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.

COMMUNITY FOUNDATION OF RANDOLPH COUNTY, INC.

Board of directors
as of 06/30/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Thomas Osborn

Robert Gentry

Retired

Suzan Dillon Myers

Attorney

Janice Powers

Former Old National Bank Region President

Kurt Prescott

Self Employed

Jane Flesher

Retired Educator

Dakota Crabtree

Thompson Group Insurance

Tom Osborn

Retired Educator

Louise Hart

Retired Dean of Nursing

Greg Beumer

Consultant

Linden Dennis

Retired Educator

Missy Williams

Retired Educator; County Councilor

Conan Wallace

District Manager, Ohio Valley Gas

Pete Haviza

Semi-Retired Judge

Marla Threewits

Retired Educator

Rosie Shoemaker

Self-Employed

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 5/15/2023

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 (cisgender)

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser