COMMUNITY FOUNDATION OF ELKHART COUNTY INC

EIN: 311255886 501(c)(3) Philanthropy & Grantmaking

ELKHART, IN

Total Revenue
$51,294,999
Total Expenses
$43,348,557
Total Assets
$501,709,746
Net Assets
$445,834,017
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IN
Principal Officer
PETER MCCOWN
Phone
5742958761
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY FOUNDATION OF ELKHART COUNTY INC, founded in 1988, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $51.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $7.9M, a strong 15% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN ELKHART COUNTY BY INSPIRING GENEROSITY

Program Service Accomplishments

Program 1
Expenses: $39,928,111 Revenue: $62,117

THE COMMUNITY FOUNDATION OF ELKHART COUNTY, INC. (THE "FOUNDATION") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF INDIANA. ESTABLISHED IN 1988, THE FOUNDATION EXISTS TO...

Read more

THE COMMUNITY FOUNDATION OF ELKHART COUNTY, INC. (THE "FOUNDATION") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF INDIANA. ESTABLISHED IN 1988, THE FOUNDATION EXISTS TO INSPIRE PEOPLE TO MAKE CHARITABLE GIFTS THAT IMPROVE THE QUALITY OF LIFE IN ELKHART COUNTY, ASSISTING INDIVIDUALS AND ORGANIZATIONS WITH CHARITABLE GIVING THROUGH THE MANAGEMENT OF BOTH ENDOWED AND NON-ENDOWED FUNDS, PRIMARILY WORKING WITH DONORS AND GRANTEES WITH TIES TO THE COUNTY.GRANTS FROM RESTRICTED FUNDS ARE ISSUED IN ACCORDANCE WITH THE TERMS ESTABLISHED IN THE RESPECTIVE GOVERNING FUND AGREEMENT. MOST OF THESE GRANTS ARE TO LOCAL TAX-EXEMPT ORGANIZATIONS OR MUNICIPALITIES AND SPAN A WIDE ARRAY OF CHARITABLE CAUSES, INCLUDING ARTS AND CULTURE, COMMUNITY DEVELOPMENT, EDUCATION, YOUTH DEVELOPMENT, SCHOLARSHIPS, HEALTH AND HUMAN SERVICES, AND RELIGIOUS INSTITUTIONS.THE FOUNDATION ALSO MAINTAINS AN UNRESTRICTED FUND. THE BOARD OF DIRECTORS PRIMARILY USES THE UNRESTRICTED FUND TO SUPPORT ITS THREE FOCUS AREAS IN SERVICE TO THE COUNTY: CAREER PATHWAYS, KIDS & FAMILIES, AND PLACEMAKING. WHILE A SIGNIFICANT PORTION OF THIS WORK IS RESPONDING TO GRANT APPLICATIONS, SPECIFIC AREAS OF EMPHASIS WITHIN THE FOCUS AREAS HAVE BEEN IDENTIFIED IN WHICH THE FOUNDATION IS PROACTIVELY ALLOCATING DOLLARS TO HELP ADDRESS COMMUNITY NEEDS (REFERRED TO AS "INITIATIVE WORK").CAREER PATHWAYS: THIS GROUP OVERSEES THE FOUNDATION'S SCHOLARSHIP AWARDS AND ALSO SERVES AS THE LOCAL ADMINISTRATOR FOR THE LILLY ENDOWMENT, INC. COMMUNITY SCHOLARSHIP. THE INITIATIVE WORK IS STILL BEING CONCEPTUALIZED.KIDS & FAMILIES: THE INITIATIVE WORK, KNOWN AS BUILDING STRONG BRAINS, ELKHART COUNTY'S EARLY CHILDHOOD INITIATIVE, INVOLVES WORKING WITH A COALITION OF PARTNERS TO SHIFT THE EARLY CHILDHOOD SYSTEM TOWARDS BETTER OUTCOMES FOR YOUNG CHILDREN AND THEIR FAMILIES IN THE AREAS OF MATERNAL AND CHILD HEALTH, QUALITY CHILDCARE AND EARLY LEARNING ENVIRONMENTS, AND COMMUNITY AND FAMILY SUPPORTS. PARTNERS IN THE INITIATIVE WORK INCLUDE A CROSS SECTION OF HEALTH, NONPROFIT, CHILDCARE, AND EDUCATION PROVIDERS, BUSINESSES, AND COMMUNITY COLLABORATORS.PLACEMAKING: THIS INITIATIVE, KNOWN AS PUMPKINVINE TRAILS COALITION, IS FOCUSED ON INCREASING THE COUNTY'S TRAIL NETWORK FROM ITS CURRENT 72 MILES TO 130 MILES OVER THE NEXT 10 YEARS. IT IS DRIVEN BY THE BELIEF THAT TRAILS PROVIDE AN INFRASTRUCTURE FOR RECREATION AND EVERYDAY NEEDS, BUILD BETTER-CONNECTED COMMUNITIES, AND ENHANCE THE OVERALL QUALITY OF LIFE WITHIN THE COUNTY. THE INITIATIVE INVOLVES COLLABORATIVE WORK WITH ELECTED OFFICIALS, MUNICIPAL AND COUNTY STAFF, ENTHUSIASTS, CORPORATE CITIZENS, AND COMMUNITY MEMBERS.IN ADDITION TO GRANTMAKING, ONGOING SERVICES THE FOUNDATION OFFERS TO THE COMMUNITY INCLUDE:ACTS OF SERVICE: THIS IS A COMMUNITY SERVICE HUB THAT HELPS MATCH THE NEEDS OF NONPROFIT ORGANIZATIONS WITH THE WILLING HANDS OF INDIVIDUAL VOLUNTEERS AND COMMUNITY PARTNERS, WHICH INCLUDES WORKING WITH LOCAL BUSINESSES ON ESTABLISHING/MAINTAINING EMPLOYEE VOLUNTEER PROGRAMS.THE CENTER FOR NONPROFIT EXCELLENCE: THIS LEADERSHIP OFFERING IS DEDICATED TO PROVIDING QUALITY LEARNING OPPORTUNITIES FOR NONPROFIT LEADERS IN THE FOUNDATION'S SERVICE AREA. THESE LEARNING OPPORTUNITIES ARE FOCUSED ON PLANNING, FUNDRAISING, STRATEGIC PLANNING, BOARD DEVELOPMENT, AND FINANCIAL MANAGEMENT. THE LEARNING OPPORTUNITIES ARE GEARED SPECIFICALLY TO NONPROFIT LEADERS TO ASSIST THEM IN ADVANCING THEIR MISSIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,430,931
Program Service Revenue $39,190
Investment Income $24,801,951
Other Revenue $22,927
TOTAL REVENUE $51,294,999

Expense Breakdown

Grants Paid $37,256,224
Salaries & Benefits $3,213,045
Fundraising Expenses $576,322
Program Expenses $39,928,111
Other Expenses $2,879,288
TOTAL EXPENSES $43,348,557

Year-over-Year Comparison

2024 2023 Change
Revenue $51,294,999 $58,848,264 -0.1%
Expenses $43,348,557 $32,696,199 +0.3%
Net Income $7,946,442 $26,152,065 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
19
Employees
33
Volunteers
74

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$508,246
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WEAVER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JOHN LIECHTY VICE CHAIR 1.00
Officer Director
$0 $0 $0
KEN JULIAN SECRETARY 1.00
Officer Director
$0 $0 $0
TODD CLEVELAND TREASURER 1.00
Officer Director
$0 $0 $0
AMY BROWN DIRECTOR 1.00
Director
$0 $0 $0
ANGIE EGGERING DIRECTOR 1.00
Director
$0 $0 $0
BECKY BONTREGER DIRECTOR 1.00
Director
$0 $0 $0
BJ THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
BRUCE KORENSTRA DIRECTOR 1.00
Director
$0 $0 $0
DAN MORRISON DIRECTOR 1.00
Director
$0 $0 $0
DENISE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
DERALD BONTRAGER DIRECTOR 1.00
Director
$0 $0 $0
ERIC IVORY DIRECTOR 1.00
Director
$0 $0 $0
GALEN MILLER DIRECTOR 1.00
Director
$0 $0 $0
ISAAC TORRES DIRECTOR 1.00
Director
$0 $0 $0
JAN FARRON DIRECTOR 1.00
Director
$0 $0 $0
KERRI RITCHIE DIRECTOR 1.00
Director
$0 $0 $0
KURT JANOWSKY DIRECTOR 1.00
Director
$0 $0 $0
OLA YODER DIRECTOR 1.00
Director
$0 $0 $0
RAQUEL ESPINOSA DIRECTOR 1.00
Director
$0 $0 $0
THERESA GUNDEN DIRECTOR 1.00
Director
$0 $0 $0
PETER L MCCOWN PRESIDENT 40.00
Officer
$266,843 $56,957 $323,800
COLE PATUZZI CFO 40.00
Officer
$166,076 $18,370 $184,446
CANDACE YODER SENIOR ADVISOR 40.00
Highest
$134,193 $8,433 $142,626
CARRIE BERGHOFF CDO 40.00
Highest
$100,075 $18,559 $118,634
BRIAN COOK CMO 40.00
Highest
$113,623 $11,527 $125,150
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $51,294,999 $43,348,557 $501,709,746 $7,946,442
2024 $58,848,264 $32,696,199 $461,316,930 $26,152,065
2023 $35,651,678 $41,291,217 $405,087,193 $-5,639,539
2022 $63,450,759 $34,034,208 $392,859,381 $29,416,551
2021 $41,619,440 $22,089,808 $418,149,768 $19,529,632
2020 $47,812,553 $38,344,667 $314,805,317 $9,467,886
2019 $38,036,936 $29,952,789 $301,659,661 $8,084,147
2018 $33,324,045 $29,571,942 $294,618,743 $3,752,103
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COMMUNITY FOUNDATION OF ELKHART COUNTY INC with other nonprofits in Indiana and across the country.