WATERLOO COMMUNITY FOUNDATION

EIN: 473373953 501(c)(3) Philanthropy & Grantmaking

WATERLOO, IA

Total Revenue
$1,815,095
Total Expenses
$903,740
Total Assets
$5,451,609
Net Assets
$4,737,984
🔒

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
2015
Legal Domicile
IA
Principal Officer
ERIN TINK
Phone
3198836022
Tax Period
2024-01-01 to 2024-12-31

WATERLOO COMMUNITY FOUNDATION, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $911K, a strong 50% operating margin.

Mission

PROVIDE A LEAN, STRAIGHTFORWARD, AND TRANSPARENT CONDUIT VEHICLE TO THOSE WHO WISH TO CONTRIBUTE RESOURCES FOR THE BETTERMENT OF THE GREATER WATERLOO, IOWA COMMUNITY AND ITS CITIZENS.

🔒

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 $1,559,142
Program Service Revenue $10,675
Investment Income $245,278
Other Revenue $0
TOTAL REVENUE $1,815,095

Expense Breakdown

Grants Paid $639,312
Salaries & Benefits $165,448
Fundraising Expenses $69,889
Program Expenses $727,823
Other Expenses $98,980
TOTAL EXPENSES $903,740

Year-over-Year Comparison

2024 2023 Change
Revenue $1,815,095 $1,196,546 +0.5%
Expenses $903,740 $748,915 +0.2%
Net Income $911,355 $447,631 +1.0%
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
14
Independent Members
14
Employees
2
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
6
$96,871
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN TINK EXECUTIVE DI 40.00
Officer
$96,871 $0 $96,871
MIKE BROSHAR DIRECTOR 0.50
Director
$0 $0 $0
STEVE CARIGNAN VICE PRESIDE 0.50
Officer Director
$0 $0 $0
TAMERA PHILLIPS COOK DIRECTOR 0.50
Director
$0 $0 $0
BOB HELLMAN DIRECTOR 0.50
Director
$0 $0 $0
RACHAEL HOFFMAN DIRECTOR 0.50
Director
$0 $0 $0
SAM HOLDEN PRESIDENT AN 0.50
Officer Director
$0 $0 $0
LORI JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
JANE LINDAMAN SECRETARY 0.50
Officer Director
$0 $0 $0
KRYSTAL MADLOCK DIRECTOR 0.50
Director
$0 $0 $0
CHRISTA MIEHE DIRECTOR 0.50
Director
$0 $0 $0
JOHN RICHTER TREASURER 0.50
Officer Director
$0 $0 $0
BEV SMITH DIRECTOR 0.50
Director
$0 $0 $0
LANCE VANDERLOO PAST PRESIDE 0.50
Officer Director
$0 $0 $0
DODIE YOUNG DIRECTOR 0.50
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 $1,815,095 $903,740 $5,451,609 $911,355
2023 $1,196,546 $748,915 $4,137,331 $447,631
2022 $952,660 $582,739 $3,201,924 $369,921
2021 $1,220,134 $469,794 $3,061,844 $750,340
2020 $1,656,238 $306,412 $2,261,390 $1,349,826
2019 $518,193 $230,849 $875,233 $287,344
2018 $230,506 $178,169 $419,523 $52,337
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WATERLOO COMMUNITY FOUNDATION with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.