HOMER FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- HOMER FOUNDATION (EIN 92-0139183)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-03-29
- IRS object ID
- 202200889349301460
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-29T19:25:17-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 371709475 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOSTER AND COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 804 E FAIRVIEW LOOP | AddressLine1Txt |
| City | WASILLA | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 920139183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOME | BusinessNameControlTxt |
| Phone | 9072350541 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2600 | AddressLine1Txt |
| City | HOMER | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 996032600 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL MILLER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9072350541 | PhoneNum |
| Signature | 2022-03-29 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | MILLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL FOSTER | PreparerPersonNm |
| PTIN | P02392370 | PTIN |
| Phone | 9073766901 | PhoneNum |
| Preparation | 2022-03-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL MILLER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3733 BEN WALTERS LANE SUITE 7 | AddressLine1Txt |
| City | HOMER | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,921,726 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HOMERFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1991 | FormationYr |
| Legal Domicile State | AK | LegalDomicileStateCd |
| Activity Or Mission | TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $568,085 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,808,340 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $76,599 | PYInvestmentIncomeAmt |
| CY Investment Income | $111,130 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,495 | PYOtherRevenueAmt |
| CY Other Revenue | $1,695 | CYOtherRevenueAmt |
| PY Total Revenue | $646,179 | PYTotalRevenueAmt |
| CY Total Revenue | $1,921,165 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $356,268 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $276,583 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $78,095 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $83,475 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,219 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $58,483 | PYOtherExpensesAmt |
| CY Other Expenses | $118,163 | CYOtherExpensesAmt |
| PY Total Expenses | $492,846 | PYTotalExpensesAmt |
| CY Total Expenses | $478,221 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $153,333 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,442,944 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,202,250 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,466,034 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $303,848 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $383,680 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,898,402 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,082,354 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $96,577 | ExpenseAmt |
| Grant | $96,577 | GrantAmt |
| Desc | YEAR-ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $69,914 | ExpenseAmt |
| Grant | $69,914 | GrantAmt |
| Desc | HOMER FOUNDATION COMMUNITY CHEST, BENEFITING HOMER COMMUNITY FOOD PANTRY'S EMERGENCY NON FOOD AIDE TO INDIVIDUALS IN OUR COMMUNITY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $28,000 | ExpenseAmt |
| Grant | $28,000 | GrantAmt |
| Desc | CITY OF HOMER GRANTS PROGRAM TO SUPPORT TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS AND SERVICES WITHIN THE CITY OF HOMER. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $227,045 | ExpenseAmt |
| Grant | $82,092 | GrantAmt |
| Desc | ALL OTHER PROGRAMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $227,045 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $82,092 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $421,536 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL MILLER | PersonNm |
| Phone | 9072350541 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2600 | AddressLine1Txt |
| City | HOMER | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 996032600 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| MICHAEL MILLER | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $53,500 | $0 | $0 | |
| TERRI SPIGELMYER | ||||||
| PRESIDENT | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| VAN HAWKINS | ||||||
| VICE PRESIDE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| PAULA MARTIN | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TOM KIZZIA | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DENISE PITZMAN | ||||||
| DEV COMMITTE | 2.00 | $0 | $0 | $0 | Yes (X) | |
| PAUL SEATON | ||||||
| CGC CHAIR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| DAVE DERRY | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| LIZ DOWNING | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| BONNIE JASON | ||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | |
| FLO LARSON | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| PHIL MORRIS | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CAROL SWARTZ | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| KEN TAYLOR | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CHRIS THENO | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $53,500 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $85,579 | GovernmentGrantsAmt |
| All Other Contributions | $1,722,761 | AllOtherContributionsAmt |
| Total Contributions | $1,808,340 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $111,130 | TotalRevenueColumnAmt |
| Exclusion | $111,130 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,256 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $561 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,695 | TotalRevenueColumnAmt |
| Exclusion | $1,695 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,921,165 | TotalRevenueColumnAmt |
| Exclusion | $112,825 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,317 | TotalAmt |
| Program Services | $242,317 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,266 | TotalAmt |
| Program Services | $34,266 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,500 | TotalAmt |
| Program Services | $37,450 | ProgramServicesAmt |
| Management And General | $16,050 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,920 | TotalAmt |
| Program Services | $14,699 | ProgramServicesAmt |
| Management And General | $8,221 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251 | TotalAmt |
| Management And General | $251 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,804 | TotalAmt |
| Program Services | $4,705 | ProgramServicesAmt |
| Management And General | $2,099 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,900 | TotalAmt |
| Management And General | $3,900 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,409 | TotalAmt |
| Program Services | $16,409 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,623 | TotalAmt |
| Program Services | $450 | ProgramServicesAmt |
| Management And General | $1,173 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,694 | TotalAmt |
| Program Services | $2,818 | ProgramServicesAmt |
| Management And General | $5,876 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,555 | TotalAmt |
| Program Services | $2,210 | ProgramServicesAmt |
| Management And General | $11,514 | ManagementAndGeneralAmt |
| Fundraising | $831 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,068 | TotalAmt |
| Management And General | $1,068 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,886 | TotalAmt |
| Program Services | $875 | ProgramServicesAmt |
| Management And General | $2,011 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| ALLOWANCE FOR MANAGED FUN | $65,337 | $65,337 | ||
| DEVELOPMENT | $2,388 | $2,388 | ||
| DUES AND SUBSCRIPTIONS | $1,303 | $1,303 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $478,221 | TotalAmt |
| Program Services | $421,536 | ProgramServicesAmt |
| Management And General | $53,466 | ManagementAndGeneralAmt |
| Fundraising | $3,219 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,574 | BOYAmt |
| EOY | $15,373 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,181 | BOYAmt |
| EOY | $1,133,464 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,056 | BOYAmt |
| EOY | $14,495 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $726 | BOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,806,255 | BOYAmt |
| EOY | $4,302,136 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,038 | BOYAmt |
| EOY | $566 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,202,250 | BOYAmt |
| EOY | $5,466,034 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $758 | BOYAmt |
| EOY | $1,107 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,400 | BOYAmt |
| EOY | $25,400 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,690 | BOYAmt |
| EOY | $357,173 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,848 | BOYAmt |
| EOY | $383,680 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,671,509 | BOYAmt |
| EOY | $4,234,916 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,893 | BOYAmt |
| EOY | $847,438 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,898,402 | BOYAmt |
| EOY | $5,082,354 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,202,250 | BOYAmt |
| EOY | $5,466,034 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,442,944 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $741,008 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust | Yes (X) | CommunityTrustInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $641,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $390,863 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $650,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $568,085 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $980,124 | CurrentTaxYearAmt |
| Total | $3,231,161 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $641,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $390,863 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $650,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $568,085 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $980,124 | CurrentTaxYearAmt |
| Total | $3,231,161 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $260,115 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,971,046 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,906 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $62,453 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $76,599 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $111,130 | CurrentTaxYearAmt |
| Total | $282,130 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,381 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,381 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,514,672 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $13,592 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84530 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84910 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | REFUNDS, REBATES, REIMBURSEMENTS 1,381 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 12 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 7384 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $73,845 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $8,500 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $355,551 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,813 | BeginningYearBalanceAmt |
| Contributions | $423,781 | ContributionsAmt |
| Investment Earnings Or Losses | $22,977 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,662 | AdministrativeExpensesAmt |
| End Year Balance | $534,909 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $88,062 | BeginningYearBalanceAmt |
| Contributions | $971 | ContributionsAmt |
| Investment Earnings Or Losses | $4,488 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,709 | AdministrativeExpensesAmt |
| End Year Balance | $90,813 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,475 | BeginningYearBalanceAmt |
| Contributions | $3,250 | ContributionsAmt |
| Investment Earnings Or Losses | $4,320 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,983 | AdministrativeExpensesAmt |
| End Year Balance | $88,062 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,523 | BeginningYearBalanceAmt |
| Contributions | $500 | ContributionsAmt |
| Investment Earnings Or Losses | -$548 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $83,475 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $104,268 | BeginningYearBalanceAmt |
| Contributions | $430 | ContributionsAmt |
| Investment Earnings Or Losses | -$21,175 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $83,523 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Federal Income Tax Liability | $1,630 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUNDS MANAGED FOR OTHERS | Desc |
| Amt | $355,543 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $357,173 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | PERMANENTLY RESTRICTED NET ASSETS CONSIST OF AN ENDOWMENT THAT MUST BE MAINTAINED IN PERPETUITY BY THE FOUNDATION. IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FOUNDATION MAY USE THE INVESTMENT INCOME FROM THIS ENDOWMENT TO SUPPORT OPERATIONS. |
| SCHEDULE D, PAGE 3, PART X | THE FOUNDATION IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED UNDER SECTION 509(A) (1). THE FOUNDATION IS EXEMPT FROM STATE INCOME TAXES UNDER THE ALASKA NONPROFIT CORPORATION ACT. THEREFORE, THE ACCOMPANYING STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. ALTHOUGH THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO THE REQUIREMENT OF FILING FEDERAL INCOME TAX FORM 990-T AND A TAX LIABILITY MAY BE DETERMINED ON THESE ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ANCHOR POINT FOOD PANTRY | |||||||
| 73358 SCHOOL STREET | ANCHOR POINT | AK | 99556 | 461962921 | 501C3 | $5,500 | OPERATING SUPPORT |
| HOMER COMMUNITY FOOD PANTRY | |||||||
| 770 EAST END RD | HOMER | AK | 99603 | 920153030 | 501C3 | $69,914 | EMRGY NON-FOOD AIDE |
| HOMER FARMERS MARKET | |||||||
| PO BOX 2274 | HOMER | AK | 99603 | 920176052 | 501C3 | $7,000 | OPERATING SUPPORT |
| KACHEMAK BAY CONSERVATION SOCIETY | |||||||
| PO BOX 2994 | HOMER | AK | 99603 | 920090831 | 501C3 | $12,000 | PEATLAND AWARENESS |
| CITY OF HOMER | |||||||
| 491 E PIONEER AVENUE | HOMER | AK | 99603 | 920030963 | GOV | $12,606 | SKATE PARK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 19 | RecipientCnt |
| Cash Grant | $34,266 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | GRANTS: THOSE REQUESTING GRANTS COMPLETE AN APPLICATION WHICH IS REVIEWED BY HOMER FOUNDATION STAFF. GRANTS ARE AWARDED TO NONPROFIT ORGANIZATIONS IN HOMER THAT SERVE THE NEEDS OF HOMER RESIDENTS. GRANT REQUESTS OVER 2,500 ARE REVIEWED BY THE ENTIRE BOARD. SCHOLARSHIPS: THE HOMER FOUNDATION DISTRIBUTES SEVERAL SCHOLARSHIPS WITH VARYING REQUIREMENTS. STUDENTS SUBMIT APPLICATIONS WITH REQUESTED MATERIALS, WHICH ARE REVIEWED BY HOMER FOUNDATION STAFF FOR ELIGIBILITY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | ALL OTHER PROGRAMS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE COMMITTEE REVIEWS THE COMPLETED 990, THEN PRESENTS IT TO THE BOARD WITH THEIR RECOMMENDATION FOR ACCEPTANCE AT A REGULAR BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | AT THE BEGINNING OF THE YEAR, BOARD MEMBERS COMPLETE A DISCLOSURE STATEMENT LISTING ANY PERSONAL INTERESTS THAT COULD LEAD TO POTENTIAL CONFLICTS. AT THE TIME OF COMPLETING THIS QUESTIONNAIRE, BOARD MEMBERS ARE ASKED IF ANY HAVE OCCURRED. IN ADDITION, ALL COMMITTEE MEETINGS REGARDING GRANTS REVIEW THE CONFLICT OF INTEREST POLICY WITH ALL PRESENT MEMBERS AND ASK FOR DISCLOSURES. THE COMMITTEE CHAIR ENSURES THIS POLICY IS FOLLOWED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION IS REVIEWED BY THE BOARD AT THE TIME OF THE EXECUTIVE DIRECTOR'S REVIEW. ANY INCREASE IN COMPENSATION IS BASED ON THAT REVIEW. WE PURCHASED THE FORAKER COMPENSATION GUIDE TO DETERMINE A COMPARABLE SALARY RATE FROM AROUND THE STATE OF ALASKA. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, FINANCIAL REPORTS ARE PRESENTED IN THE ANNUAL REPORT WHICH IS MAILED OUT TO 900 CONSTITUENTS AND POSTED ON OUR WEBSITE: WWW.HOMERFOUNDATION.ORG |
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