Community Foundation of Hancock County Inc

Nonprofit profile at a glance

EIN
351837729
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Greenfield, IN, USA
Phone
3174628870
Rating
84
Verdict
STRONG
Rating confidence
Standard
Sector
Community Foundations

Reported finances

Revenue
$6,091,967
Expenses
$3,511,661
Assets
$77,483,266
Liabilities
$1,527,331

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Highest reported compensation

  • MARY GIBBLE (OUTGOING PRE): $144,821 total reported compensation
  • LEE ANN ODEN (INCOMING PRE): $9,904 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The community foundation of hancock county, inc. Provides philanthropic leadership by encouraging giving, learning, community pride, and civic engagement.

What it reported doing in 2025

The community foundation of hancock county, inc. Distributes grants and scholarships. All grants made by the community foundation shall be for charitable purposes. Generally the determination on whether an organization's activities are charitable or not is made by the IRS in assigning a tax-exempt status. Organizations with a 501(c)3 are engaged in charitable activities. The community foundation may also make grants to non-501(c)3 organizations when the grant is for a charitable purpose. Scholarships are paid directly to the educational institutions and not to individuals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.3%; rating input score 68
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: $12.08 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94%; rating input score 94; 34th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 42.4%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 22.06; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 68.3% of revenue deployed · 79.4% of spending went to programs
  • Governance: 19 of 19 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.8M in reported program spending
  • Leadership: top reported pay $145K · 21 people listed
  • Consistency: 31 of 33 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 83 filed money-flow records
  • Related organizations: 81 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.