HOMER FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HOMER FOUNDATION (EIN 92-0139183)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-26
- IRS object ID
- 201331169349300938
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2013-04-26T16:40:07-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOSTER AND COMPANY LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 872194 | AddressLine1 |
| City | WASILLA | City |
| State | AK | State |
| ZIP Code | 996872194 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 920139183 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMER FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOME | NameControl |
| Phone | 9072350541 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2600 | AddressLine1 |
| City | HOMER | City |
| State | AK | State |
| ZIP Code | 996032600 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEN CASTNER | Name |
| Title | BOARD CHAIR | Title |
| Phone | 9072350541 | Phone |
| Date Signed | 2013-04-26 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN M FOSTER | Name |
| Phone | 9073766901 | Phone |
| Date Prepared | 2013-04-26 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEN CASTNER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 558 | AddressLine1 |
| City | HOMER | City |
| State | AK | State |
| ZIP Code | 99603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3509390 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.homerfund.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | AK | StateLegalDomicile |
| Activity Or Mission Description | Community Foundation To enhance the quality of life for the citizens of the greater Homer area by promoting philanthropic and charitable activities. The Foundation administers several grant programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 347778 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 618138 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 7750 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 569099 | InvestmentIncomePriorYear |
| Investment Income Current Year | 333688 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5574 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1600 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 922451 | TotalRevenuePriorYear |
| Total Revenue Current Year | 961176 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 159565 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 418157 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 43038 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 47933 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 143215 | OtherExpensePriorYear |
| Other Expenses Current Year | 66192 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 345818 | TotalExpensesPriorYear |
| Total Expenses Current Year | 532282 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 576633 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 428894 | RevenuesLessExpensesCY |
| Total Assets BOY | 2219651 | TotalAssetsBOY |
| Total Assets EOY | 2445620 | TotalAssetsEOY |
| Total Liabilities BOY | 397648 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 395063 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1822003 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2050557 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Community Foundation | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 174787 | Expense |
| Grants | 11500 | Grants |
| Revenue | 232122 | Revenue |
| Description | PROVIDES FISCAL SPONSORSHIP FOR HOMER PLAYGROUND PROJECT, A COMMUNITY BUILD PLAYGROUND TO BENEFIT THE ENTIRE COMMUNITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 107252 | Expense |
| Grants | 107252 | Grants |
| Revenue | 107252 | Revenue |
| Description | YEAR-ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 34500 | Expense |
| Grants | 34500 | Grants |
| Revenue | 34500 | Revenue |
| Description | CITY OF HOMER GRANTS PROGRAM TO SUPPORT TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS AND SERVICES WITHIN THE CITY OF HOMER. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 132430 | Expense |
| Grants | 264905 | Grants |
| Revenue | 587302 | Revenue |
| Description | Other programs to support Homer Foundation goals. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 132430 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 264905 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 587302 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 448969 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOY STEWARD | NamePerson |
| Telephone Number | 9072350541 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2600 | AddressLine1 |
| City | HOMER | City |
| State | AK | State |
| ZIP Code | 886032600 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| KEN CASTNER | ||||||
| Inv. Manager and Board Chair | 15.00 | X | X | 0 | 0 | 0 |
| CAROL SWARTZ | ||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 |
| BONNIE JASON | ||||||
| YAC Advisor | 1.00 | X | 0 | 0 | 0 | |
| JOHN MOUW | ||||||
| Distributions Committee Chair | 2.00 | X | 0 | 0 | 0 | |
| BUCK LAUKITIS | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| PHIL MORRIS | ||||||
| Investment Committee Chair | 1.00 | X | 0 | 0 | 0 | |
| RON SENUNGETUK | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| DAN WESTERBURG | ||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 |
| STEVE ALBERT | ||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 |
| ELAINE GRANTIER | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| FLO LARSON | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| MIKE PATE | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| POLLY PRINDLE-HESS | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| JOY STEWARD | ||||||
| Executive Director | 40.00 | X | 34458 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 34458 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Fundraising Events | 250 | FundraisingEvents |
| Government Grants | 78558 | GovernmentGrants |
| All Other Contributions | 539330 | AllOtherContributions |
| Total Contributions | 618138 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Fiscal Agent Fees | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 7750 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7750 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 293731 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2556768 | Securities |
| Other | 30000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2531788 | Securities |
| Other | 15023 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24980 | Securities |
| Other | 14977 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39957 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39957 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 250 | CntrbtnsRprtdFundraisingEvents |
| Gross Sales Of Inventory | 3003 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1403 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1600 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1600 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 961176 | TotalRevenueColumn |
| Related Or Exempt Function Income | 343038 | RelatedOrExemptFunctionIncome |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 418157 | Total |
| Program Services | 418157 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44055 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 44055 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3878 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 3878 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 25 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7160 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 7160 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2625 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 2625 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4047 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 4047 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7327 | Total |
| Program Services | 132 | ProgramServices |
| Management And General | 7195 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1553 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1553 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1064 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1064 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11211 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 11211 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Withdrawals by fundholders | 53180 | 53180 | 0 | 0 |
| Allowance for managed funds | -22500 | -22500 | 0 | 0 |
| Dues and subscriptions | 500 | 0 | 500 | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 532282 | Total |
| Program Services | 448969 | ProgramServices |
| Management And General | 83313 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168 | BOY |
| EOY | 1663 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189068 | BOY |
| EOY | 104991 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1000 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5299 | BOY |
| EOY | 3897 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6745 | BOY |
| EOY | 1243 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 14815 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13219 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2660 | BOY |
| EOY | 1596 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1858310 | BOY |
| EOY | 2174171 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156401 | BOY |
| EOY | 158059 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2219651 | BOY |
| EOY | 2445620 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2190 | BOY |
| EOY | 2219 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17072 | BOY |
| EOY | 37667 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 378386 | BOY |
| EOY | 355177 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 397648 | BOY |
| EOY | 395063 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1682878 | BOY |
| EOY | 1818596 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49489 | BOY |
| EOY | 130115 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89636 | BOY |
| EOY | 101846 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1822003 | BOY |
| EOY | 2050557 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2219651 | BOY |
| EOY | 2445620 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 428894 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -200340 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust170b1 Avi | X | CommunityTrust170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 322900 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 157762 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 139078 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 347778 | CurrentTaxYearMinus1Year |
| Current Tax Year | 627488 | CurrentTaxYear |
| Total | 1595006 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 322900 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 157762 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 139078 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 347778 | CurrentTaxYearMinus1Year |
| Current Tax Year | 627488 | CurrentTaxYear |
| Total | 1595006 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 168100 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1426906 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 52966 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 59443 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 154105 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 156584 | CurrentTaxYearMinus1Year |
| Current Tax Year | 293731 | CurrentTaxYear |
| Total | 716829 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 3296 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2029 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5574 | CurrentTaxYearMinus1Year |
| Total | 10899 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2322734 | TotalSupport |
| Public Support Pertcentage170 | 0.61430 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.68410 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
| Facts And Circumstances Test | OTHER INCOME PART II, LINE 10; DESCRIPTION: OTHER INCOME; 2007: 0.; 2008: 3296.; 2009: 2029.; 2010: 5574.; 2011: 0.; | FactsAndCircumstancesTest |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 14 | NumberDAFsHeld |
| Donor Advised Contributions | 33149 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 60261 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 936006 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 89635 | BeginningOfYearBalance |
| Contributions | 20600 | Contributions |
| Investment Earnings Or Losses | -8389 | InvestmentEarningsOrLosses |
| End Of Year Balance | 101846 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55040 | BeginningOfYearBalance |
| Contributions | 19527 | Contributions |
| Investment Earnings Or Losses | 15068 | InvestmentEarningsOrLosses |
| End Of Year Balance | 89635 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32572 | BeginningOfYearBalance |
| Contributions | 21638 | Contributions |
| Investment Earnings Or Losses | 830 | InvestmentEarningsOrLosses |
| End Of Year Balance | 55040 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14815 | OtherCostOrOtherBasis |
| Depreciation | 13219 | Depreciation |
| Book Value | 1596 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1596 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Cash Surrender Value Life Ins. | 5695 |
| Investments-Land, Buildings & Equipment | 152364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 158059 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Charitable Gift Annuity Due | $768 |
| Funds Managed for Others | $354,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 355177 | TotalOfAmounts |
| Total Revenue | 961176 | TotalRevenue |
| Total Expenses | 532282 | TotalExpenses |
| Excess Or Deficit For Year | 428894 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -200340 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -200340 | TotalAdjustments |
| Excess Or Deficit Per FS | 228554 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 785047 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -200340 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 24211 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | -176129 | RevenueNotRptdF990 |
| Revenue Subtotal | 961176 | RevenueSubtotal |
| Total Revenue Per Form990 | 961176 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 556493 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 24211 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 24211 | ExpensesNotRptdF990 |
| Expenses Subtotal | 532282 | ExpensesSubtotal |
| Total Expenses Per Form990 | 532282 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt 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 FINANCIAL 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 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (9 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | IRC SectionIRCSection |
|---|---|---|---|---|---|---|---|
| CITY OF HOMER | |||||||
| 419 PIONEER AVE | HOMER | AK | 99603 | 920030963 | 18404 | Equip & Prog | |
| BUNNELL STREET ART CENTER | |||||||
| 106 W BUNNELL | HOMER | AK | 99603 | 943220880 | 8200 | Ops & Program | 501(c)(3) |
| CENTER FOR ALASKAN COASTAL | |||||||
| 708 SMOKEY BAY WAY | HOMER | AK | 99603 | 920086250 | 8000 | Ops & Program | 501(c)(3) |
| COOK INLETKEEPER | |||||||
| 3734 BEN WALTERS | HOMER | AK | 99603 | 920156450 | 5030 | Ops & Program | |
| HOMER COMMUNITY FOOD PANTRY | |||||||
| 770 EER | HOMER | AK | 99603 | 920153030 | 11804 | Ops & Program | 501(c)(3) |
| HOMER COUNCIL ON THE ARTS | |||||||
| 355 PIONEER AVE | HOMER | AK | 99603 | 510152554 | 9100 | Prog/Scholarshp | 501(c)(3) |
| HOMER PLAYGROUND PROJECT | |||||||
| PO BOX 2600 | HOMER | AK | 99603 | 920139183 | 11500 | Plan & Equip | |
| KACHEMAK NORDIC SKI CLUB | |||||||
| PO BOX 44 | HOMER | AK | 99603 | 920143362 | 8000 | Ops & Equip | 501(c)(3) |
| PRATT MUSEUM | |||||||
| 3799 BARTLETT ST | HOMER | AK | 99603 | 926002856 | 7940 | Program | 501(c)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | The grant award comes with a letter of agreement which stipulates what |
| Pt I Line 2 | the grantee may do with the funds and must provide a final report identifying |
| Pt I Line 2 | how the funds were used to ensure grant requirements are met. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 99764 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (16 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 11a | The treasurer reviews the completed 990, then presents |
| it to the Board with their recommendation for acceptance. | |
| Pt VI, Line 12c | The form is completed annually and is only reviewed when |
| and if the Foundation enters into a new relationship that | |
| might trigger a conflict of interest. | |
| Pt VI, Line 15 | Board Chair assigned to ad hoc committee to complete written ED |
| evaluation, which was presented to staff. At the next board | |
| meeting the board met in executive session and accepted the | |
| staff evaluation. | |
| Pt VI, Line 19 | All documents are available upon request. Financial statements |
| including audit and Form 990 is available on our website | |
| at www.homerfund.org. | |
| Pt XI | Unrealized losses on investments. |
| Form 990EZ, Part II, Line 24 | OTHER RECEIVABLES INVESTMENTS |
| Form 990EZ, Part II, Line 26 | DEFERRED REVENUE |
| Form 990, Part III, Line 4d | OTHER PROGRAMS TO SUPPORT HOMER FOUNDATION GOALS. 132430. 264905. 587302. |
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