HOMER FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
HOMER FOUNDATION (EIN 92-0139183)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-04-23
IRS object ID
201521139349300542
Schema version
2013v4.0
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

FieldValueIRS element (for citing)
Return2015-04-23T15:33:28-07:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FOSTER AND COMPANY LLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 872194AddressLine1
CityWASILLACity
StateAKState
ZIP Code996872194ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN920139183EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Homer FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlHOMEBusinessNameControlTxt
Phone9072350541PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2600AddressLine1
CityHomerCity
StateAKState
ZIP Code996032600ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEN CASTNERPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone9072350541PhoneNum
Signature2015-04-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN M FOSTERPreparerPersonNm
Phone9073766901PhoneNum
Preparation2015-04-23PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEN CASTNERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 558AddressLine1
CityHomerCity
StateAKState
ZIP Code99603ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$2,151,525GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.homerfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateAKLegalDomicileStateCd
Activity Or MissionCommunity Foundation To enhance the quality of life for the citizens of the greater Homer area by promoting philanthropic and charitable activities.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$413,124PYContributionsGrantsAmt
CY Contributions Grants$335,128CYContributionsGrantsAmt
PY Program Service Revenue$740PYProgramServiceRevenueAmt
CY Program Service Revenue$1,847CYProgramServiceRevenueAmt
PY Investment Income$67,673PYInvestmentIncomeAmt
CY Investment Income-$64,963CYInvestmentIncomeAmt
PY Other Revenue$1,958PYOtherRevenueAmt
CY Other Revenue$1,069CYOtherRevenueAmt
PY Total Revenue$483,495PYTotalRevenueAmt
CY Total Revenue$273,081CYTotalRevenueAmt
PY Grants And Similar Paid$251,873PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$179,105CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$48,374PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$57,535CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,211CYTotalFundraisingExpenseAmt
PY Other Expenses$44,272PYOtherExpensesAmt
CY Other Expenses$117,806CYOtherExpensesAmt
PY Total Expenses$344,519PYTotalExpensesAmt
CY Total Expenses$354,446CYTotalExpensesAmt
PY Revenues Less Expenses$138,976PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$81,365CYRevenuesLessExpensesAmt
Total Assets BOY$2,056,567TotalAssetsBOYAmt
Total Assets EOY$2,576,721TotalAssetsEOYAmt
Total Liabilities BOY$305,346TotalLiabilitiesBOYAmt
Total Liabilities EOY$395,173TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,751,221NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,181,548NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCommunity FoundationMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$96,837ExpenseAmt
Grant$96,837GrantAmt
Revenue$96,837RevenueAmt
DescYEAR-ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$31,180ExpenseAmt
Grant$31,180GrantAmt
Revenue$31,180RevenueAmt
DescCITY OF HOMER GRANTS PROGRAM TO SUPPORT TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS AND SERVICES WITHIN THE CITY OF HOMER.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$15,500ExpenseAmt
Grant$15,500GrantAmt
Revenue$15,500RevenueAmt
DescSCHOLARSHIPS PROGRAM TO SUPPORT HOMER AREA STUDENTS PURSUING HIGHER EDUCATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$146,213ExpenseAmt
Grant$35,588GrantAmt
Revenue$129,564RevenueAmt
DescOther programs to support Homer Foundation goals.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$146,213TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$35,588TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$129,564TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$289,730TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOY STEWARDPersonNm
Phone9072350541PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2600AddressLine1
CityHOMERCity
StateAKState
ZIP Code886032600ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KEN CASTNER
Inv. Manager and Board Chair15.00Yes (X)Yes (X)$0$0$0
CAROL SWARTZ
Vice Chair0.50Yes (X)Yes (X)$0$0$0
BONNIE JASON
YAC Advisor1.00Yes (X)$0$0$0
JOHN MOUW
Distributions Committee Chair2.00Yes (X)$0$0$0
BUCK LAUKITIS
Trustee0.50Yes (X)$0$0$0
PHIL MORRIS
Investment Committee Chair1.00Yes (X)$0$0$0
STEVE ALBERT
Treasurer1.00Yes (X)Yes (X)$0$0$0
ELAINE GRANTIER
Trustee0.50Yes (X)$0$0$0
FLO LARSON
Trustee0.50Yes (X)$0$0$0
MIKE PATE
Trustee0.50Yes (X)$0$0$0
POLLY PRINDLE-HESS
Secretary1.00Yes (X)Yes (X)$0$0$0
DENISE PITZMAN
Development Committee Chair1.00Yes (X)$0$0$0
JOY STEWARD
Executive Director40.00Yes (X)$37,404$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$37,404TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$1,516FundraisingAmt
Government Grants$95,364GovernmentGrantsAmt
All Other Contributions$238,248AllOtherContributionsAmt
Total Contributions$335,128TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFiscal Agent FeesDesc
Business900099BusinessCd
Total Revenue Column$1,847TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,847TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$168,095TotalRevenueColumnAmt
Exclusion$168,095ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,638,119SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,871,177SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$233,058SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$233,058TotalRevenueColumnAmt
Related Or Exempt Func Income-$233,058RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$6,520FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,516ContriRptFundraisingEventAmt
Fundraising Direct Expenses$6,520FundraisingDirectExpensesAmt
Gross Sales Of Inventory$1,816GrossSalesOfInventoryAmt
Cost Of Goods Sold$747CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,069TotalRevenueColumnAmt
Related Or Exempt Func Income$1,069RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$273,081TotalRevenueColumnAmt
Related Or Exempt Func Income-$230,142RelatedOrExemptFuncIncomeAmt
Exclusion$168,095ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$167,539TotalAmt
Program Services$167,539ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$11,566TotalAmt
Program Services$11,566ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$45,175TotalAmt
Program Services$15,811ProgramServicesAmt
Management And General$22,588ManagementAndGeneralAmt
Fundraising$6,776FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,794TotalAmt
Program Services$0ProgramServicesAmt
Management And General$2,794ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,672TotalAmt
Program Services$1,635ProgramServicesAmt
Management And General$2,336ManagementAndGeneralAmt
Fundraising$701FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,894TotalAmt
Program Services$1,713ProgramServicesAmt
Management And General$2,447ManagementAndGeneralAmt
Fundraising$734FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,005TotalAmt
Program Services$0ProgramServicesAmt
Management And General$7,005ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,575TotalAmt
Program Services$0ProgramServicesAmt
Management And General$3,575ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,231TotalAmt
Program Services$0ProgramServicesAmt
Management And General$5,231ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,394TotalAmt
Program Services$0ProgramServicesAmt
Management And General$5,394ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,750TotalAmt
Program Services$0ProgramServicesAmt
Management And General$2,750ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,103TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,103ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$532TotalAmt
Program Services$0ProgramServicesAmt
Management And General$532ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Withdrawals by fundholders$31,149$31,149$0$0
Allowance for Managed Funds$60,317$60,317$0$0
Dues and subscriptions$750$0$750$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$354,446TotalAmt
Program Services$289,730ProgramServicesAmt
Management And General$56,505ManagementAndGeneralAmt
Fundraising$8,211FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,278BOYAmt
EOY$22,133EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$66,645BOYAmt
EOY$339,040EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$112BOYAmt
EOY$51,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,922BOYAmt
EOY$1,175EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,815LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,815LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$532BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,842,203BOYAmt
EOY$2,049,864EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$143,875BOYAmt
EOY$113,509EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,056,567BOYAmt
EOY$2,576,721EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,090BOYAmt
EOY$30,346EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$14,900BOYAmt
EOY$17,154EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$287,356BOYAmt
EOY$347,673EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$305,346BOYAmt
EOY$395,173EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,562,650BOYAmt
EOY$1,994,360EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$98,242BOYAmt
EOY$73,049EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$90,329BOYAmt
EOY$114,139EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,751,221BOYAmt
EOY$2,181,548EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,056,567BOYAmt
EOY$2,576,721EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$81,365ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$511,692NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Community TrustYes (X)CommunityTrustInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$139,078CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$347,778CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$627,488CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$413,124CurrentTaxYearMinus1YearAmt
Current Tax Year$335,128CurrentTaxYearAmt
Total$1,862,596TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$139,078CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$347,778CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$627,488CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$413,124CurrentTaxYearMinus1YearAmt
Current Tax Year$335,128CurrentTaxYearAmt
Total$1,862,596TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$139,229SubstantialContributorsTotAmt
Public Support Total170$1,723,367PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$154,105CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$156,584CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$293,731CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$143,285CurrentTaxYearMinus1YearAmt
Current Tax Year$168,095CurrentTaxYearAmt
Total$915,800TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,029CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,574CurrentTaxYearMinus3YearsAmt
Total$7,603TotalAmt
FieldValueIRS element (for citing)
Total Support$2,785,999TotalSupportAmt
Gross Receipts Rltd Activities$10,337GrossReceiptsRltdActivitiesAmt
Public Support CY1700.61860PublicSupportCY170Pct
Public Support PY1700.60650PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt II Line 10Description: Other income
Pt II Line 102009: 2029.
Pt II Line 102010: 5574.
Pt II Line 102011: 0.
Pt II Line 102012: 0.
Pt II Line 102013: 0.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held15DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$28,800DonorAdvisedFundsContriAmt
Donor Advised Funds Grants$53,612DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$909,786DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$90,329BeginningYearBalanceAmt
Contributions$11,200ContributionsAmt
Investment Earnings Or Losses$12,610InvestmentEarningsOrLossesAmt
End Year Balance$114,139EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$101,846BeginningYearBalanceAmt
Contributions$11,950ContributionsAmt
Investment Earnings Or Losses-$23,467InvestmentEarningsOrLossesAmt
End Year Balance$90,329EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$89,635BeginningYearBalanceAmt
Contributions$20,600ContributionsAmt
Investment Earnings Or Losses-$8,389InvestmentEarningsOrLossesAmt
End Year Balance$101,846EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,040BeginningYearBalanceAmt
Contributions$19,527ContributionsAmt
Investment Earnings Or Losses$15,068InvestmentEarningsOrLossesAmt
End Year Balance$89,635EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$32,572BeginningYearBalanceAmt
Contributions$21,638ContributionsAmt
Investment Earnings Or Losses$830InvestmentEarningsOrLossesAmt
End Year Balance$55,040EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,815OtherCostOrOtherBasisAmt
Depreciation$14,815DepreciationAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Cash Surrender Value Life Ins.$5,232
Investments-Land, Buildings & Equipment$108,277
FieldValueIRS element (for citing)
Total Book Value Other Assets$113,509TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFunds Managed for OthersDesc
Amt$347,673Amt
FieldValueIRS element (for citing)
Total Liability$347,673TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$824,182TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$511,692NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$32,889DonatedServicesAndUseFcltsAmt
Other Revenue$6,520OtherRevenueAmt
Revenue Not Reported$551,101RevenueNotReportedAmt
Revenue Subtotal$273,081RevenueSubtotalAmt
Total Revenue Per Form990$273,081TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$393,855TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$32,889DonatedServicesUseFcltsAmt
Other Expenses Included$6,520OtherExpensesIncludedAmt
Expenses Not Reported$39,409ExpensesNotReportedAmt
Expenses Subtotal$354,446ExpensesSubtotalAmt
Total Expenses Per Form990$354,446TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt X Line 2THE 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 FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. ALTHOUGH THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED
Pt XI Line 2dFundraising Direct Costs offset against revenue.
Pt XII Line 2dFundraising Direct Costs offset against revenue.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Bunnell Street Art Center
106 W BunnellHomerAK99603943220880501(c)(3)$6,100Ops & Programs
Center for Alaskan Coastal Studies
708 Smokey Bay WayHomerAK99603920086250501(c)(3)$9,739Ops & Program
Cook Inletkeeper
3734 Ben WaltersHomerAK99603920156450501(c)(3)$5,800Ops & Program
Friends of Homer Public Library
500 Hazel AveHomerAK99603920092030501(c)(3)$8,244Ops & Program
Homer Community Food Pantry
770 EERHomerAK99603920153030501(c)(3)$12,718Ops & Program
Homer Council on the Arts
355 Pioneer AveHomerAK99603510152554501(c)(3)$10,433Prog/Scholarshp
Hospice of Homer
PO Box 4147HomerAK99603920115943501(c)(3)$8,193Ops
Kachemak Bay Family Planning Clinic
3959 Ben Walters LaneHomerAK99603920106486501(c)(3)$6,863Ops
Kachemak Heritage Land Trust
315 KlondikeHomerAK99603943104608501(c)(3)$6,586Ops & Program
Kachemak Nordic Ski Club
PO Box 44HomerAK99603920143362501(c)(3)$12,120Ops & Maint
Pratt Museum
3779 Bartlett StreetHomerAK99603926002856501(c)(3)$5,653Programs
Homer Hockey Association
PO Box 2703HomerAK99603920143117501(c)(3)$6,025Programs
Homer Wilderness Leadership (HOWL)
PO Box 3514HomerAK99603272315974501(c)(3)$5,990Programs
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient14RecipientCnt
Cash Grant$11,566CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceEducationNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt I Line 2The grant award comes with a letter of agreement which stipulates what
Pt I Line 2the grantee may do with the funds and must provide a final report identifying
Pt I Line 2how the funds were used to ensure grant requirements are met.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
PHIL MORRIS
Kachemak City Mayor, On HF Board$50,000HF holds a note for Kachemak Cityfalse
KEN CASTNER
HF Chair, Gen Partner$50,000HF holds note - Chair is gen partnerfalse

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bThe treasurer reviews the completed 990, then presents
Pt VI, Line 11bit to the Board with their recommendation for acceptance.
Pt VI, Line 12cThe form is completed annually and is only reviewed when
Pt VI, Line 12cand if the Foundation enters into a new relationship that
Pt VI, Line 12cmight trigger a conflict of interest.
Pt VI, Line 15aThe Exec Dir is regularly evaluated by the Board of Trustees. Written comments
Pt VI, Line 15aare given to the chair and a designated board member for compilation, evaluation, and preparation.
Pt VI, Line 15aThe Board reviews the evaluation, and the Exec Dir is then given the consolidated product.
Pt VI, Line 15aSalary, benefits, and bonuses are determined to be as appropriate and sustainable.
Pt VI, Line 19Governing documents, policies, and finanical statements are available to the
Pt VI, Line 19public upon request. In addition financial reports are presented in the annual
Pt VI, Line 19report which is mailed out to 750 constituents and posted on www.homerfoundation.org.
Pt XIUnrealized gains on investments.
Form 990, Part III, Line 4dOTHER PROGRAMS TO SUPPORT HOMER FOUNDATION GOALS. 146213. 35588. 129564.

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