FOUR MOUNDS FOUNDATION

EIN: 421265303 501(c)(3) Arts, Culture & Humanities

DUBUQUE, IA

Total Revenue
$1,280,950
Total Expenses
$1,287,429
Total Assets
$689,533
Net Assets
$390,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IA
Principal Officer
JOHN GRONEN
Phone
5635577292
Tax Period
2023-01-01 to 2023-12-31

FOUR MOUNDS FOUNDATION, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2023.

Mission

TO PRESERVE THE NATURAL, ARCHITECTURAL AND HISTORICAL RESOURCES OF THE FOUR MOUNDS ESTATE, EDUCATE WITH HANDS-ON OPPORTUNITIES FOR YOUTH AND COMMUNITY, AND SERVE THROUGH LEADERSHIP, STEWARDSHIP, AND INNOVATIVE PARTNERSHIPS

Program Service Accomplishments

Program 1
Expenses: $234,582 Revenue: $229,108

THE FOUNDATION WORKS TO PRESERVE AND RESTORE A HISTORIC TRACT OF LAND IN THE CITY OF DUBUQUE. THE FOUNDATION WORKS TO IMPROVE THE ACCESSIBILITY OF THE PROPERTY TO A DIVERSE POPULATION. THIS IS A LAND...

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THE FOUNDATION WORKS TO PRESERVE AND RESTORE A HISTORIC TRACT OF LAND IN THE CITY OF DUBUQUE. THE FOUNDATION WORKS TO IMPROVE THE ACCESSIBILITY OF THE PROPERTY TO A DIVERSE POPULATION. THIS IS A LAND TRUST, PROTECTING OVER 120 ACRES IN THE MISSISSIPPI RIVER WILDLIFE REFUGE.

Program 2
Expenses: $44,426 Revenue: $27,660

THE FOUNDATION CONDUCTS A YOUTH PROGRAM UNDER WHICH DISADVANTAGED YOUTH USE THE PROPERTY FOR A SUMMER YOUTH DAY CAMP SPONSORED IN PART BY THE CITY OF DUBUQUE. THE CAMP SERVED 240 YOUTH THROUGH THE...

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THE FOUNDATION CONDUCTS A YOUTH PROGRAM UNDER WHICH DISADVANTAGED YOUTH USE THE PROPERTY FOR A SUMMER YOUTH DAY CAMP SPONSORED IN PART BY THE CITY OF DUBUQUE. THE CAMP SERVED 240 YOUTH THROUGH THE SUMMER DAY CAMP IN 2023.

Program 3
Expenses: $636,930 Revenue: $530,146

THE FOUNDATION PARTNERS ON COMMUNITY DEVELOPMENT THROUGH OUR HEART - HOUSING EDUCATION AND REHABILITATION TRAINING - PROGRAM. THIS PROGRAM IS FOR TROUBLED YOUTH WHO ARE MENTORED BY FACULTY TO LEARN...

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THE FOUNDATION PARTNERS ON COMMUNITY DEVELOPMENT THROUGH OUR HEART - HOUSING EDUCATION AND REHABILITATION TRAINING - PROGRAM. THIS PROGRAM IS FOR TROUBLED YOUTH WHO ARE MENTORED BY FACULTY TO LEARN JOB SKILLS. THIS PROGRAM SERVED APPROXIMATELY 55 HIGH SCHOOL STUDENTS THROUGH 2 LARGE RESTORATION PROJECTS AND MULTIPLE SMALL PROJECTS TO ASSIST ELDERLY WITH STAYING IN THE HOME SAFELY.

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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 $492,693
Program Service Revenue $778,972
Investment Income $1,343
Other Revenue $7,942
TOTAL REVENUE $1,280,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $592,815
Fundraising Expenses $0
Program Expenses $915,938
Other Expenses $694,614
TOTAL EXPENSES $1,287,429

Year-over-Year Comparison

2023 2022 Change
Revenue $1,280,950 $1,204,378 +0.1%
Expenses $1,287,429 $1,144,788 +0.1%
Net Income $-6,479 $59,590 -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
5
Independent Members
5
Employees
28
Volunteers
149

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
4
$50,687
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN N GRONEN PRESIDENT 1.00
Officer Director
$0 $0 $0
RENEE HESSELMAN TREASURER 3.00
Officer Director
$0 $0 $0
MARY MULGREW GRONEN CHAIR & VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DAVID RESNICK DIRECTOR 1.00
Director
$0 $0 $0
NATALIA BLASKOVICH DIRECTOR 1.00
Director
$0 $0 $0
JILL COURTNEY EXECUTIVE DIRECTOR 40.00
Officer
$50,687 $0 $50,687
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 $1,280,950 $1,287,429 $689,533 $-6,479
2022 $1,204,378 $1,144,788 $703,798 $59,590
2021 $940,682 $887,517 $637,426 $53,165
2020 $683,933 $829,921 $617,413 $-145,988
2019 $694,716 $657,936 $583,442 $36,780
2018 $693,677 $653,344 $508,572 $40,333
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