RUSH COUNTY COMMUNITY FOUNDATION INC

EIN: 351835950 501(c)(3) Philanthropy & Grantmaking

RUSHVILLE, IN

Total Revenue
$7,473,851
Total Expenses
$7,992,185
Total Assets
$29,920,184
Net Assets
$28,047,056
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IN
Principal Officer
CHRIS MAY
Phone
7659381177
Tax Period
2024-01-01 to 2024-12-31

RUSH COUNTY COMMUNITY FOUNDATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.5M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $28.0M represent 45 months of operating reserves.

Mission

THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO CULTIVATE RESOURCES TO ENHANCE LIFE IN RUSH COUNTY, INDIANA.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,117,719
Program Service Revenue $0
Investment Income $1,356,132
Other Revenue $0
TOTAL REVENUE $7,473,851

Expense Breakdown

Grants Paid $7,443,083
Salaries & Benefits $277,158
Fundraising Expenses $81,849
Program Expenses $7,669,464
Other Expenses $271,944
TOTAL EXPENSES $7,992,185

Year-over-Year Comparison

2024 2023 Change
Revenue $7,473,851 $9,688,926 -0.2%
Expenses $7,992,185 $4,251,579 +0.9%
Net Income $-518,334 $5,437,347 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
64

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
$158,243
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN WICKER BOARD MEMBER 1.00
Director
$0 $0 $0
PHILLIP KUHN PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVE MALSON BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH PERIN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID BURKHARDT BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE HOEING SECRETARY 1.00
Officer Director
$0 $0 $0
PHIL KING TREASURER 1.00
Officer Director
$0 $0 $0
LAURA ASH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TONI SCHULTZ BOARD MEMBER 1.00
Director
$0 $0 $0
GINNY FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY MORGAN BOARD MEMBER 1.00
Director
$0 $0 $0
DEVON NIEHOFF BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA BANE ADMINISTRATIVE AND ACCOUNT 35.00
Officer
$49,177 $7,047 $56,224
CHRIS MAY EXECUTIVE DIRECTOR 40.00
Officer
$88,989 $13,030 $102,019
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
2024 $7,473,851 $7,992,185 $29,920,184 $-518,334
2023 $9,688,926 $4,251,579 $29,893,440 $5,437,347
2022 $1,752,154 $1,818,683 $23,392,439 $-66,529
2021 $3,046,439 $1,665,569 $28,144,119 $1,380,870
2020 $1,443,338 $1,033,280 $26,158,754 $410,058
2019 $1,191,585 $1,663,909 $18,927,300 $-472,324
2018 $2,041,456 $906,687 $17,014,660 $1,134,769
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