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Black River Falls Area Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Community Foundations (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$1.12M (2023)

Expenses
$492k (2023)

Total Assets
$5.56M (2023)

Total Liabilities
$193k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,116,206
Expenses
$492,423
Net Income
$623,783
Net Assets
$5,370,415
Notable Sources of Revenue Percent of Total Revenue
Contributions $571,040
51.2%
Program Services $0
Investment Income $543,777
48.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,389
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $21,576
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $10,924
2.2%
Assets/Debt
Total Assets $5,563,799
Total Liabilities $193,384
Net Assets $5,370,415
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $21,576 $0 $0
Kay A Finch (Chairman) $0 $0 $0
Brad Chown (Co Vice Chairman) $0 $0 $0
Dave Hoffman (Co Vice Chairman) $0 $0 $0
Ashley Ahl (Co Treasurer) $0 $0 $0
Michael Dougherty (Co Treasurer) $0 $0 $0
Kristi Hanson (Secretary) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0
Jack Taylor (Trustee) $0 $0 $0
Jim Hoffman (Trustee) $0 $0 $0
Mary Beth White Jacobs (Trustee) $0 $0 $0
Nicholas Kitowski (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$572,364
Expenses
$572,094
Net Income
$270
Net Assets
$4,854,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $463,055
80.9%
Program Services $0
Investment Income $86,772
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,915
3.8%
Net Inventory Sales $0
Other Revenue $622
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $21,576
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $9,276
1.6%
Assets/Debt
Total Assets $4,946,835
Total Liabilities $92,121
Net Assets $4,854,714
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $21,576 $0 $0
Kay A Finch (Chairman) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Co Treasurer) $0 $0 $0
Ashley Ahl (Co Treasurer) $0 $0 $0
Kristi Hanson (Secretary) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Nicholas Kitowski (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Mary Beth White Jacobs (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$753,483
Expenses
$807,491
Net Income
-$54,008
Net Assets
$5,375,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $663,042
88.0%
Program Services $0
Investment Income $33,781
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $56,660
7.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,756
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $7,544
0.9%
Assets/Debt
Total Assets $5,475,850
Total Liabilities $100,322
Net Assets $5,375,528
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $21,576 $0 $0
Kay A Finch (Chairman) $0 $0 $0
Gil Homstad (Chairman (Thru Dec)) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Co Treasurer) $0 $0 $0
Ashley Ahl (Co Treasurer) $0 $0 $0
Kristi Hanson (Secretary) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Nick Kitowski (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$492,399
Expenses
$867,287
Net Income
-$374,888
Net Assets
$5,438,838
Notable Sources of Revenue Percent of Total Revenue
Contributions $460,574
93.5%
Program Services $0
Investment Income $27,988
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,837
0.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,800
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,573,633
Total Liabilities $134,795
Net Assets $5,438,838
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $28,800 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Kay Finch (Secretary) $0 $0 $0
Ashley Ahl (Trustee) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$654,516
Expenses
$622,075
Net Income
$32,441
Net Assets
$6,151,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $336,723
51.4%
Program Services $0
Investment Income $155,739
23.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $162,054
24.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,004
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,361,362
Total Liabilities $209,795
Net Assets $6,151,567
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $28,004 $0 $0
Ashley Ahl (Trustee) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Kay Finch (Secretary) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$672,933
Expenses
$504,116
Net Income
$168,817
Net Assets
$5,584,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $438,613
65.2%
Program Services $0
Investment Income $132,687
19.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $101,633
15.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $23,296
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,584,833
Total Liabilities $0
Net Assets $5,584,833
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $23,296 $0 $0
Ashley Ahl (Trustee) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Kay Finch (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$750,095
Expenses
$410,218
Net Income
$339,877
Net Assets
$5,913,511
Notable Sources of Revenue Percent of Total Revenue
Contributions $542,196
72.3%
Program Services $0
Investment Income $184,219
24.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,680
3.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,913,511
Total Liabilities $0
Net Assets $5,913,511
Other
Operated a donor-advised fund
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Julie Murray (Executive Director) $19,840 $0 $0
Ashley Ahl (Trustee) $0 $0 $0
Jim Bible (Trustee) $0 $0 $0
Brad Chown (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Trustee) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Kay Finch (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$423,552
Expenses
$395,315
Net Income
$28,237
Net Assets
$5,131,426
Notable Sources of Revenue Percent of Total Revenue
Contributions $381,285
90.0%
Program Services $0
Investment Income $136,728
32.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$94,461
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,132,176
Total Liabilities $750
Net Assets $5,131,426
Other
Operated a donor-advised fund
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Gil Homstad (Chairman) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Kay Finch (Secretary) $0 $0 $0
Ashley Ahl (Trustee) $0 $0 $0
Jim Bible (Tru Stee) $0 $0 $0
Brad Chown (Tru Stee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Mahan (Trus Tee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Dennis Young (Truste E) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$627,199
Expenses
$231,048
Net Income
$396,151
Net Assets
$4,850,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $459,327
73.2%
Program Services $0
Investment Income $171,561
27.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,689
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,851,621
Total Liabilities $750
Net Assets $4,850,871
Other
Operated a donor-advised fund
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dave Hoffman (Vice Chairman) $0 $0 $0
Eric Chrisinger (Trustee) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Kay Finch (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Michael Mahan (Tru Stee) $0 $0 $0
Ron Danielson (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Susan Michaelson (Secretary) $0 $0 $0
Tom Lister (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$566,563
Expenses
$261,972
Net Income
$304,591
Net Assets
$4,679,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $389,904
68.8%
Program Services $0
Investment Income $176,854
31.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$195
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,685,948
Total Liabilities $6,500
Net Assets $4,679,448
Other
Operated a donor-advised fund
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dave Hoffman (Vice Chairman) $0 $0 $0
Eric Chrisinger (Trustee) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Kay Finch (Trustee) $0 $0 $0
Kristi Hanson (Trustee) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Ron Danielson (Trustee) $0 $0 $0
Shelly Severson (Trustee) $0 $0 $0
Susan Michaelson (Secretary) $0 $0 $0
Tom Lister (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$532,159
Expenses
$251,743
Net Income
$280,416
Net Assets
$4,403,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $450,747
84.7%
Program Services $0
Investment Income $72,459
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,675
0.3%
Net Fundraising $0
Sales of Assets $7,278
1.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,403,301
Total Liabilities $0
Net Assets $4,403,301
Other
Operated a donor-advised fund
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kay Finch (Trustee) $0 $0 $0
Michael Dougherty (Treasurer) $0 $0 $0
Dave Hoffman (Vice Chairman) $0 $0 $0
Tom Lister (Trustee) $0 $0 $0
Gil Homstad (Chairman) $0 $0 $0
Jean Lee (Trustee) $0 $0 $0
Ron Danielson (Trustee) $0 $0 $0
Dave Millis (Trustee) $0 $0 $0
Susan Michaelson (Secretary) $0 $0 $0
Michael Mahan (Trustee) $0 $0 $0
Eric Chrisinger (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$647,191
Expenses
$180,118
Net Income
$467,073
Net Assets
$4,017,730
Notable Sources of Revenue Percent of Total Revenue
Contributions $569,872
88.1%
Program Services $0
Investment Income $74,848
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,875
0.4%
Net Fundraising $0
Sales of Assets -$404
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,017,730
Total Liabilities $0
Net Assets $4,017,730

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$330,285
Expenses
$161,907
Net Income
$168,378
Net Assets
$3,423,182
Notable Sources of Revenue Percent of Total Revenue
Contributions $246,615
74.7%
Program Services $0
Investment Income $77,412
23.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $700
0.2%
Net Fundraising $0
Sales of Assets $5,558
1.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,423,182
Total Liabilities $0
Net Assets $3,423,182

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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