Idaho Community Foundation Inc

Nonprofit profile at a glance

EIN
820425063
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Boise, ID, USA
Phone
2083423535
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Community Foundations

Official website

Reported finances

Revenue
$38,904,382
Expenses
$17,384,786
Assets
$260,620,230
Liabilities
$463,480

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • STEVE BURNS (PRESIDENT & CEO)

Highest reported compensation

  • STEVE BURNS (PRESIDENT & CEO): $237,123 total reported compensation
  • JUDY RAMOS (VP, FINANCE & OPS): $189,857 total reported compensation
  • KEVIN BAILEY (VP, IMPACT AND NONPROFIT CENTER): $136,213 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Idaho community foundation strengthens communities through philanthropy, elevating nonprofit impact, and connecting idahoans to create a place where everyone can contribute to thriving communities.

What it reported doing in 2024

Through various funds established by donors, more than 750 organizations were the recipients of grants to strengthen communities across the state of Idaho. These grants supported a wide range of local priorities, including over 190 for arts and culture, 270 for community benefit, 490 for educational and economic opportunities, 110 for environment and animal welfare, 430 for health and wellness and 170 for housing stability. Additionally, scholarship programs helped Idaho students pursue postsecondary education through nearly 200 scholarships.

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 95% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 92
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.6%; rating input score 58
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: $28.12 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 93.7%; rating input score 94; 23rd 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 55.3%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 14.99; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 57.6% of revenue deployed · 86.6% of spending went to programs
  • Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $15M in reported program spending
  • Leadership: top reported pay $237K · 29 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 351 filed money-flow records
  • Related organizations: 350 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.