Nonprofit · EIN 35-1956929
COMMUNITY FOUNDATION OF MORGAN COUNTY INC
Tax-exempt · MARTINSVILLE, IN 46151
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,832,410 | $1,820,327 | $3,012,083 | $17,980,321 | $1,458,141 | $16,522,180 |
| December 31, 2024 | 990 | $3,346,729 | $1,447,861 | $1,898,868 | $13,499,689 | $1,285,949 | $12,213,740 |
| December 31, 2023 | 990 | $1,085,040 | $1,216,633 | -$131,593 | $11,170,606 | $1,325,129 | $9,845,477 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,714,293
- Program service revenue
- $321,516
- Investment income
- $796,601
- Net gain from sales of assets
- $475,496
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $708,965
- Compensation of officers, directors and key employees
- $94,629
- Other salaries and wages
- $201,035
- Salaries, compensation and benefits (total)
- $334,524
- Professional fundraising fees
- $0
- Accounting fees
- $25,269
- Occupancy
- $14,637
- Travel
- $3,145
- Depreciation
- $766
- Program services (functional)
- $1,424,505
- Management and general (functional)
- $285,370
- Fundraising (functional)
- $110,452
Balance sheet and other
- Total assets, start of year
- $13,499,689
- Total assets, end of year
- $17,980,321
- Total liabilities, end of year
- $1,458,141
- Net assets, end of year
- $16,522,180
- Land, buildings and equipment
- $576
- Publicly traded securities
- $13,207,394
- Net assets without donor restrictions
- $16,522,180
- Gross receipts
- $5,062,559
- Employees
- 7
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM COLE | PRESIDENT Officer | 40 | $94,629 |
| JULIE CARMICHAEL | PAST CHAIR Trustee or director | 0.5 | $0 |
| HOLLY FRYE | DIRECTOR Trustee or director | 0.5 | $0 |
| TANA LOBB | TREASURER Trustee or director, Officer | 0.5 | $0 |
| RICH MYERS | DIRECTOR Trustee or director | 0.5 | $0 |
| JASON MAXWELL | DIRECTOR Trustee or director | 0.5 | $0 |
| JULIE FRED | CHAIR Trustee or director, Officer | 0.5 | $0 |
| MIKE MARVEL | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE CARMICHAEL | PAST CHAIR Trustee or director, Officer | 0.5 | $0 |
| HOLLY FRYE | DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| TANA LOBB | TREASURER Trustee or director, Officer | 0.5 | $0 |
| RICH MYERS | DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| JASON MAXWELL | DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| JULIE FRED | CHAIR Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRITTANI BENTLEY | PRESIDENT Trustee or director, Officer | 40 | $85,874 |
| BRUCE CALLOWAY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JULIE CARMICHAEL | CHAIR Trustee or director, Officer | 0.5 | $0 |
| HOLLY FRYE | DIRECTOR Trustee or director | 0.5 | $0 |
| TANA LOBB | DIRECTOR Trustee or director | 0.5 | $0 |
| RICH MYERS | DIRECTOR Trustee or director | 0.5 | $0 |
| JASON MAXWELL | DIRECTOR Trustee or director | 0.5 | $0 |
| JULIE FRED | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1413, MARTINSVILLE, IN 46151-0413
- Principal officer (990 for 2025)
- KIM COLE, PO BOX 1413, MARTINSVILLE, IN 46151
- Signed the 990
- KIM COLE, PRESIDENT
- Phone
- (765) 813-0003
- Website
- WWW.CFMCONLINE.ORG
- Return prepared by
- AGRESTA STORMS & O'LEARY LLC
Mission
THE COMMUNITY FOUNDATION OF MORGAN COUNTY, INC. WORKS WITH OUR CITIZENS TO ENHANCE THE QUALITY OF LIFE FOR CURRENT AND FUTURE GENERATIONS OF MORGAN COUNTY, INDIANA. WE ACCEPT GIFTS, MANAGE FINANCIAL RESOURCES, MAKE GRANTS, AND PROVIDE SCHOLARSHIPS.
Program accomplishments
- PART OF OUR ROLE IN HELPING CHARITIES AND NON-PROFIT GROUPS IN MORGAN COUNTY IS TO MANAGE NON-PERMANENT FUNDS TO AID THEM IN THEIR WORK. HELPING OTHER CHARITIES HELPS FURTHER THE MISSION OF THE COMMUNITY FOUNDATION OF MORGAN COUNTY.Expenses $1,255,634 · grants $540,094 · revenue $321,516
- SINCE OUR FOUNDING, THE COMMUNITY FOUNDATION HAS PROVIDED SCHOLARSHIPS FOR MORGAN COUNTY STUDENTS AS PART OF OUR CORE MISSION. WE WORK HARD TO ENSURE THAT ALL STUDENTS WHO MIGHT QUALIFY LEARN OF THE AVAILABILITY AND ARE AIDED IN APPLYING FOR AVAILABLE SCHOLARSHIPS.Expenses $168,871 · grants $168,871
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1956929
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $17,980,321
- Income (IRS master file)
- $5,062,559
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,832,410 | $1,820,327 | $17,980,321 | XML |
| 990 | December 2024 | $3,346,729 | $1,447,861 | $13,499,689 | XML |
| 990 | December 2023 | $1,085,040 | $1,216,633 | $11,170,606 | XML |
| 990 | December 2022 | $1,220,402 | $1,287,049 | $10,386,986 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1956929).
Questions about COMMUNITY FOUNDATION OF MORGAN COUNTY INC
- What is the EIN of COMMUNITY FOUNDATION OF MORGAN COUNTY INC?
- The employer identification number (EIN) of COMMUNITY FOUNDATION OF MORGAN COUNTY INC is 35-1956929.
- Is COMMUNITY FOUNDATION OF MORGAN COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to COMMUNITY FOUNDATION OF MORGAN COUNTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION OF MORGAN COUNTY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY FOUNDATION OF MORGAN COUNTY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION OF MORGAN COUNTY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of COMMUNITY FOUNDATION OF MORGAN COUNTY INC?
- The 990 for the year ended December 31, 2025 names KIM COLE.
- Who are the officers and directors of COMMUNITY FOUNDATION OF MORGAN COUNTY INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $94,629 (KIM COLE, PRESIDENT).
- How much revenue does COMMUNITY FOUNDATION OF MORGAN COUNTY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,832,410, expenses of $1,820,327 and total assets of $17,980,321 at year end.
Other nonprofits in MARTINSVILLE
- WILLIAM AND HELEN SCHWAB FOUNDATION INC EIN 27-4235214 · last filed 990-PF for 2024
- SCI MEMBERSHIP COMMUNITY FUND INC EIN 35-1937189 · last filed 990-EZ for 2025
- FENNEMAN FAMILY FOUNDATION INC EIN 46-1595017 · last filed 990-PF for 2025
- EMPLOYEE ASSISTANCE FUND INC EIN 26-3273640 · last filed 990-N for 2025
- SERTOMA INC EIN 51-0244806 · last filed 990-N for 2024
- SOUTH CENTRAL INDIANA RURAL ELECTRIC MEMBERSHIP CORPORATION EIN 35-6043583 · last filed 990 for 2024
- AMERICAN CAMPING ASSOCIATION INC EIN 35-0962419 · last filed 990 for 2025
- MORGAN COUNTY RURAL WATER CORPORATION EIN 35-1105987 · last filed 990 for 2024
All nonprofits in MARTINSVILLE · Indiana · Philanthropy, voluntarism and grantmaking foundations