COMMUNITY FOUNDATION PARTNERSHIP INC

EIN: 351889139 501(c)(3) Philanthropy & Grantmaking

BEDFORD, IN

Total Revenue
$2,709,049
Total Expenses
$1,929,363
Total Assets
$29,007,161
Net Assets
$28,626,713
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
IN
Principal Officer
ESPERANZA FLORES
Phone
8122792215
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION PARTNERSHIP INC, founded in 1993, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $780K, a strong 29% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE BY PROVIDING PHILANTHROPIC LEADERSHIP AND BUILDING PERMANENT ENDOWMENTS THAT ENABLE DONORS TO MAKE LASTING INVESTMENTS IN LAWRENCE AND MARTIN COUNTIES.

Program Service Accomplishments

Program 1
Expenses: $1,542,467 Revenue: $14,393

THE CENTRAL PURPOSE OF CFP IS TO SERVE THE NEEDS AND PHILANTHROPIC AIMS OF DONORS WHO WISH TO BETTER THEIR COMMUNITY, NOW AND IN THE FUTURE, WE DO THIS BY PROVIDING DONORS WITH FLEXIBLE, EFFICIENT...

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THE CENTRAL PURPOSE OF CFP IS TO SERVE THE NEEDS AND PHILANTHROPIC AIMS OF DONORS WHO WISH TO BETTER THEIR COMMUNITY, NOW AND IN THE FUTURE, WE DO THIS BY PROVIDING DONORS WITH FLEXIBLE, EFFICIENT, AND TAX-EFFECTIVE WAYS TO ENSURE CHARITABLE GIVING ACHIEVES THE GREATEST POSSIBLE IMPACT. THE FOUNDATION PROVIDES SCHOLARSHIPS, INCLUDING THE LILLY ENDOWMENT COMMUNITY SCHOLARSHIP, FOR STUDENTS AND AWARD PROJECTS AND PROGRAM GRANTS TO VAROUS 501(C)(3) ENTITIES.THE FOUNDATION CONDUCTS EDUCATIONAL PROGRAMS AND EVENTS FOR THE COMMUNITY, AND ADVISORS, THE FOUNDATION THROUGH PRINTED NEWSPAPER ADVERTISEMENTS, WEBSITE AND PUBLICATIONS PROVIDES PRINTABLE RESOURCES TO THE GENERAL PUBLIC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,058,567
Program Service Revenue $14,393
Investment Income $648,058
Other Revenue $-11,969
TOTAL REVENUE $2,709,049

Expense Breakdown

Grants Paid $1,360,616
Salaries & Benefits $371,191
Fundraising Expenses $79,637
Program Expenses $1,542,467
Other Expenses $197,556
TOTAL EXPENSES $1,929,363

Year-over-Year Comparison

2023 2022 Change
Revenue $2,709,049 $3,170,654 -0.1%
Expenses $1,929,363 $2,310,506 -0.2%
Net Income $779,686 $860,148 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
50

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
5
$118,236
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL HIGHHOUSE DIRECTOR 1.00
Director
$0 $0 $0
JO ANN ASH EX-OFFICIO 1.00
Director
$0 $0 $0
KRISTI AUSBROOKS DIRECTOR 1.00
Director
$0 $0 $0
PAULA RINGWALD PRESIDENT 1.00
Officer Director
$0 $0 $0
BRENT MAUDLIN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SHEA HOOTEN TREASURER 1.00
Officer Director
$0 $0 $0
GARRY SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
ESPERANZA FLORES CEO 40.00
Officer
$114,641 $3,595 $118,236
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 No data No data No data No data
2023 $2,709,049 $1,929,363 $29,007,161 $779,686
2022 $3,170,654 $2,310,506 $26,878,351 $860,148
2021 $3,475,030 $2,624,399 $29,604,980 $850,631
2020 $3,362,473 $1,709,979 $25,657,818 $1,652,494
2019 $2,994,347 $1,380,905 $23,057,296 $1,613,442
2018 $6,756,276 $1,162,694 $19,807,250 $5,593,582
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