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Wichita Falls Area Community 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. 2022 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
$5.32M (2022)

Expenses
$7.07M (2022)

Total Assets
$66.7M (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,318,274
Expenses
$7,065,301
Net Income
-$1,747,027
Net Assets
$66,714,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,247,974
79.9%
Program Services $0
Investment Income $1,332,315
25.1%
Bond Proceeds $0
Royalties $50,718
1.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$324,583
Net Inventory Sales $0
Other Revenue $11,850
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,750
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $249,757
3.5%
Assets/Debt
Total Assets $66,714,610
Total Liabilities $0
Net Assets $66,714,610
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Leslie Schaffner (President) $145,750 $0 $16,721
Denise Moffat (Chairman) $0 $0 $0
Leo Lane (Vice Chairman) $0 $0 $0
Warren Ayres (Sec./Treas.) $0 $0 $0
Tony Fidelie (Director) $0 $0 $0
Carla Bolin (Director) $0 $0 $0
Barbara Hanson (Director) $0 $0 $0
Tim Cornelius (Director) $0 $0 $0
Allyson Flack (Director) $0 $0 $0
Josh Andrajack (Director) $0 $0 $0
Wynn Heyen (Director) $0 $0 $0
Darrell Coleman (Director) $0 $0 $0
Lysle Huddleston (Director) $0 $0 $0
Doug Armstrong (Director) $0 $0 $0
Nancy Marks (Director) $0 $0 $0
Craig Reynolds (Director) $0 $0 $0
Eric Robb (Director) $0 $0 $0
Barbara Merkle (Director) $0 $0 $0
Michael Stanford (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,576,098
Expenses
$7,779,015
Net Income
$797,083
Net Assets
$80,507,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,969,740
92.9%
Program Services $0
Investment Income $971,043
11.3%
Bond Proceeds $0
Royalties $114,817
1.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$479,502
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $140,000
1.8%
Professional Fundraising Fees $1,235
0.0%
Other Salaries and Wages $233,906
3.0%
Assets/Debt
Total Assets $80,507,148
Total Liabilities $0
Net Assets $80,507,148
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Leslie Schaffner (President) $140,000 $0 $10,595
Nancy Marks (Chairman) $0 $0 $0
Darrell Coleman (Sec./Treas.) $0 $0 $0
Denise Moffat (Vice Chairman) $0 $0 $0
Brian Blair (Director) $0 $0 $0
Carla Bolin (Director) $0 $0 $0
Dick Bundy (Director) $0 $0 $0
Tim Cornelius (Director) $0 $0 $0
Allyson Flack (Director) $0 $0 $0
Josh Andrajack (Director) $0 $0 $0
Wynn Heyen (Director) $0 $0 $0
Leo Lane (Director) $0 $0 $0
Lysle Huddleston (Director) $0 $0 $0
Doug Armstrong (Director) $0 $0 $0
Warren Ayres (Director) $0 $0 $0
Craig Reynolds (Director) $0 $0 $0
Eric Robb (Director) $0 $0 $0
Barbara Merkle (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,140,031
Expenses
$5,181,876
Net Income
$958,155
Net Assets
$69,779,926
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,799,541
78.2%
Program Services $0
Investment Income $1,160,651
18.9%
Bond Proceeds $0
Royalties $20,180
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $159,659
2.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $134,750
2.6%
Professional Fundraising Fees $12,000
0.2%
Other Salaries and Wages $210,292
4.1%
Assets/Debt
Total Assets $69,861,526
Total Liabilities $81,600
Net Assets $69,779,926
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Leslie Schaffner (President) $134,750 $0 $10,715
Nancy Marks (Chairman) $0 $0 $0
Darrell Coleman (Sec./Treas.) $0 $0 $0
Denise Moffat (Vice Chairman) $0 $0 $0
Brian Blair (Director) $0 $0 $0
Carla Bolin (Director) $0 $0 $0
Dick Bundy (Director) $0 $0 $0
Tim Cornelius (Director) $0 $0 $0
Allyson Flack (Director) $0 $0 $0
Ashton Gustafson (Director) $0 $0 $0
Sarah Johnson (Director) $0 $0 $0
Leo Lane (Director) $0 $0 $0
Lysle Huddleston (Director) $0 $0 $0
Doug Armstrong (Director) $0 $0 $0
Warren Ayres (Director) $0 $0 $0
Craig Reynolds (Director) $0 $0 $0
Eric Robb (Director) $0 $0 $0
Elizabeth Henry (Director) $0 $0 $0
Carol Wagner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,726,181
Expenses
$6,703,873
Net Income
$22,308
Net Assets
$65,583,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,074,444
90.3%
Program Services $0
Investment Income $1,568,401
23.3%
Bond Proceeds $0
Royalties $31,482
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$948,146
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $131,000
2.0%
Professional Fundraising Fees $11,000
0.2%
Other Salaries and Wages $204,244
3.0%
Assets/Debt
Total Assets $65,583,098
Total Liabilities $0
Net Assets $65,583,098
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Leslie Schaffner (President) $131,000 $0 $10,515
Elizabeth Henry (Chairman) $0 $0 $0
Darrell Coleman (Sec./Treas.) $0 $0 $0
Doug Armstrong (Director) $0 $0 $0
Brian Blair (Director) $0 $0 $0
Carla Bolin (Director) $0 $0 $0
Dick Bundy (Director) $0 $0 $0
Tim Cornelius (Director) $0 $0 $0
Allyson Flack (Director) $0 $0 $0
Ashton Gustafson (Director) $0 $0 $0
Sarah Johnson (Director) $0 $0 $0
Leo Lane (Director) $0 $0 $0
Matt Le Vasseur (Director) $0 $0 $0
Nancy Marks (Director) $0 $0 $0
Denise Moffat (Director) $0 $0 $0
Craig Reynolds (Director) $0 $0 $0
Eric Robb (Director) $0 $0 $0
Brian Stahler (Director) $0 $0 $0
Carol Wagner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,352,346
Expenses
$9,026,977
Net Income
$325,369
Net Assets
$57,629,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,440,145
90.2%
Program Services $0
Investment Income $1,289,722
13.8%
Bond Proceeds $0
Royalties $45,992
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$423,513
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $171,715
1.9%
Professional Fundraising Fees $12,000
0.1%
Other Salaries and Wages $198,218
2.2%
Assets/Debt
Total Assets $57,629,412
Total Liabilities $0
Net Assets $57,629,412

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,348,540
Expenses
$6,521,672
Net Income
$4,826,868
Net Assets
$62,228,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,428,205
91.9%
Program Services $0
Investment Income $935,017
8.2%
Bond Proceeds $0
Royalties $37,077
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$51,759
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $150,217
2.3%
Professional Fundraising Fees $12,000
0.2%
Other Salaries and Wages $179,869
2.8%
Assets/Debt
Total Assets $62,228,400
Total Liabilities $0
Net Assets $62,228,400

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,285,851
Expenses
$5,068,245
Net Income
$1,217,606
Net Assets
$51,551,512
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,866,173
93.3%
Program Services $0
Investment Income $558,134
8.9%
Bond Proceeds $0
Royalties $42,307
0.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$180,763
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $143,789
2.8%
Professional Fundraising Fees $14,275
0.3%
Other Salaries and Wages $158,566
3.1%
Assets/Debt
Total Assets $51,551,512
Total Liabilities $0
Net Assets $51,551,512

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,667,985
Expenses
$4,847,250
Net Income
-$179,265
Net Assets
$47,652,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,740,429
> 100%
Program Services $0
Investment Income $463,994
9.9%
Bond Proceeds $0
Royalties $49,691
1.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$586,129
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $133,721
2.8%
Professional Fundraising Fees $12,000
0.2%
Other Salaries and Wages $125,711
2.6%
Assets/Debt
Total Assets $47,652,929
Total Liabilities $0
Net Assets $47,652,929

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,969,725
Expenses
$4,639,738
Net Income
$4,329,987
Net Assets
$49,678,386
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,471,214
83.3%
Program Services $0
Investment Income $726,698
8.1%
Bond Proceeds $0
Royalties $95,719
1.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $671,218
7.5%
Net Inventory Sales $0
Other Revenue $4,876
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $129,978
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $112,767
2.4%
Assets/Debt
Total Assets $49,678,386
Total Liabilities $0
Net Assets $49,678,386

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,687,192
Expenses
$5,383,299
Net Income
$1,303,893
Net Assets
$45,852,090
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,562,810
83.2%
Program Services $0
Investment Income $624,911
9.3%
Bond Proceeds $0
Royalties $102,682
1.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $396,789
5.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $124,578
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $97,981
1.8%
Assets/Debt
Total Assets $45,852,090
Total Liabilities $0
Net Assets $45,852,090

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,102,583
Expenses
$5,209,458
Net Income
-$106,875
Net Assets
$39,961,797
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,997,720
78.3%
Program Services $0
Investment Income $679,241
13.3%
Bond Proceeds $0
Royalties $121,483
2.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $304,139
6.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $121,883
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $93,211
1.8%
Assets/Debt
Total Assets $39,961,797
Total Liabilities $0
Net Assets $39,961,797

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,173,676
Expenses
$3,964,277
Net Income
$6,209,399
Net Assets
$37,316,202
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,453,388
92.9%
Program Services $0
Investment Income $427,687
4.2%
Bond Proceeds $0
Royalties $199,172
2.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $93,429
0.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $114,095
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $89,635
2.3%
Assets/Debt
Total Assets $37,316,202
Total Liabilities $0
Net Assets $37,316,202

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 »

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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.
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  • 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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