COMMUNITY FOUNDATION OF GREATER MU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

CHARLA SCHAFER

Phone

5632643863

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION OF GREATER MUSCATINE, founded in 1999, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $13.2M in total revenue in fiscal year 2023. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.4M, a strong 63% operating margin.

Mission

THE COMMUNITY FOUNDATION OF GREATER MUSCATINE'S MISSION IS TO ACTIVELY WORK TO IMPROVE THE QUALITY OF LIFE IN MUSCATINE COUNTY THROUGH PHILANTHROPY.

Program Service Accomplishments

Program 1

Expenses: $3,714,151

GRANTS AND DONATIONS MADE TO CHARITABLE ORGANIZATIONS WITHIN THE GREATER MUSCATINE AREA WHICH PROMOTES THE EXEMPT PURPOSE OF THE ORGANIZATION. THE ORGANIZATION ALSO PROVIDES POST-SECONDARY...

GRANTS AND DONATIONS MADE TO CHARITABLE ORGANIZATIONS WITHIN THE GREATER MUSCATINE AREA WHICH PROMOTES THE EXEMPT PURPOSE OF THE ORGANIZATION. THE ORGANIZATION ALSO PROVIDES POST-SECONDARY SCHOLARSHIPS FOR STUDENTS ATTENDING AREA HIGH SCHOOLS AND MUSCATINE COMMUNITY COLLEGE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,167,559

Program Service Revenue $0

Investment Income $1,842,057

Other Revenue $189,000

TOTAL REVENUE $13,198,616

Expense Breakdown

Grants Paid $2,760,873

Salaries & Benefits $837,484

Fundraising Expenses $0

Program Expenses $3,714,151

Other Expenses $1,225,771

TOTAL EXPENSES $4,824,128

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,198,616	$4,985,991	+1.6%
Expenses	$4,824,128	$4,402,843	+0.1%
Net Income	$8,374,488	$583,148	+13.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

170

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

$152,462

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLA SCHAFER	PRESIDENT	40.00	Officer	$118,038	$34,424	$152,462
BRANDON BULLOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
NAOMI DEWINTER	BOARD MEMBER	1.00	Director	$0	$0	$0
RICH DWYER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANGELA JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY MAYS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRETT NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL POHL	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH PORTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JODI ROYAL-GOODWIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN STEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA SUSIE	BOARD MEMBER	1.00	Director	$0	$0	$0

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	$13,198,616	$4,824,128	$76,813,705	$8,374,488
2022	$4,985,991	$4,402,843	$58,388,394	$583,148
2021	$10,914,284	$3,458,420	$66,591,017	$7,455,864
2020	$7,833,295	$3,074,906	$59,670,653	$4,758,389
2019	$30,803,804	$9,790,267	$53,351,967	$21,013,537
2018	$9,908,540	$2,558,509	$26,763,977	$7,350,031

COMMUNITY FOUNDATION OF GREATER MUSCATINE