POLK COUNTY COMMUNITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

POLK COUNTY COMMUNITY FOUNDATION INC

EIN 51-0168751 · Philanthropy, Voluntarism & Grantmaking Foundations (T31Z)

What they do

to Administer Funds Entrusted to Support Charitable, Cultural, Educational and Publicly Beneficial Activities In The Community Centered In and Around Polk County, N.C. Both By Directly Expending Sums for Such Purposes and In Cooperation With Institutions Qualified to Carry Out These Objectives Most Efficiently. The Foundation Works With Donors (both Individuals and Charitable Organizations) to Establish Funds to Benefit One or More Named Charities, to Accomplish A Certain Objective (provide for Cultural Events, Encourage The Development of Agriculture, Provide Free Activities for Youth, Improve Classroom Teaching, Etc.), to Award Scholarships to Local Students, and to Allow The Board of The Polk County Community Foundation to Address The Needs of The Community As They Change From Time to Time (unrestricted Funds).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.00%of revenue went to mission work90.8% of expenses · Program services

1.25%of revenue went to fundraising1.5% of expenses

$83.67spent for every $100 of revenueRevenue covered expenses this year.

6.43%of revenue went to management and office costs7.7% of expenses

$18.03in assets for every $1 spent this yearSome assets cannot be spent right away.

36.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $241,500 for SARA BARRON BELL (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,359,340

Mission workProgram services$3,312,99076.00% of revenue90.8% of expenses

ManagementOffice and general costs$280,2796.43% of revenue7.7% of expenses

FundraisingAsking for donations$54,3081.25% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$711,76316.33% of revenueShown in gray on the chart

Total expenses$3,647,57783.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.8% mission · 7.7% management · 1.5% fundraisingTotal expenses: 83.67% of revenue

2023Expense mix: 86.5% mission · 11.3% management · 2.1% fundraisingTotal expenses: 121.27% of revenue

2022Expense mix: 74.9% mission · 19.7% management · 5.4% fundraisingTotal expenses: 77.35% of revenue

2021Expense mix: 75.9% mission · 18.3% management · 5.8% fundraisingTotal expenses: 97.42% of revenue

2020Expense mix: 79.2% mission · 15.2% management · 5.6% fundraisingTotal expenses: 84.59% of revenue

2019Expense mix: 80.2% mission · 16.4% management · 3.3% fundraisingTotal expenses: 93.94% of revenue

Money in and money out

Revenue$4,359,340

Expenses$3,647,577

Annual surplus $711,763 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,312,990 · 90.8% of expenses

Management and office costs$280,279 · 7.7% of expenses

Fundraising$54,308 · 1.5% of expenses

See all reported dollar amounts

Revenue$4,359,340

Expenses$3,647,577

Assets$65,749,988

Income$6,853,831

Contributions$1,573,292

Mission work (program services)$3,312,990

Fundraising$54,308

Grants given$10,253,770

Average grant$53,967

Management and general$280,279

Executive compensation (total)$299,999

Accounting fees$34,447

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SARA BARRON BELLPRESIDENT & CEO · 40 hrs/week $241,500Base $201,250 · Other $40,250

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

SARA BARRON BELLPRESIDENT & CEO

A THOMAS JACKSONTREASURER

CAROLYN GIBSONPRINCIPAL OFFICER

CAROLYN GIBSON

DALE L MCENTIRE

FRANCES H PARKER

KEVIN D BURNETT

MONICA E JONESSECRETARY

NORMA W BATCHELDER

PETER R FRANKLINVICE CHAIR

SHERRY M CARTERCHAIR

SUSAN S MCHUGH

About this charity

Recognized since: January 1975
Location: 255 South Trade Street, Tryon, NC 28782
County: Polk
In care of: Peter Franklin
Primary officer: Peter Franklin, Board Chair

How to reach them

WebsiteVisit the charity’s website Emailfoundation@polkccf.org Phone(828) 859-5314

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T31Z)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes