TOTAL REVENUE - FISCAL 2025
$15,508,942
Up 153.3% from $6,122,615 in fiscal 2024.
Racine Community Foundation Inc
Racine, Wisconsin - EIN 51-0188377 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 27, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 27, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Racine Community Foundation Inc reported $15,508,942 in revenue and $4,160,598 in expenses in fiscal 2025, a surplus of $11,348,344 for the year. Program services took $3,249,137 of expenses, or 78.1%. The organization closed the year with $87,484,796 in net assets - about 252.3 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$4,160,598
Revenue minus expenses: $11,348,344 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
78.1%
$3,249,137 of $4,160,598 went to program services.
NET ASSETS - END OF FISCAL 2025
$87,484,796
Total assets $95,602,631 minus total liabilities $8,117,835.
TOP EXECUTIVE PAY - FISCAL 2025
$186,154
Elizabeth Powell, President & CEO, as reported on the fiscal-2025 Form 990, filed May 27, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
3 Employees
Plus 59 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 27, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $64,235 in fundraising expenses divided by $6,570,285 in total contributions. On cash contributions only: $0.01.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $6,570,285 |
| Of Which Cash Contributions | $6,308,122 |
| Of Which Donated Goods (Noncash) | $262,163 |
| Federated Campaigns | $7,759 |
| All Other Contributions | $6,562,526 |
| Program Service Revenue | $75,337 |
| Investment Income | $8,863,225 |
| Other Revenue | $95 |
| Total Revenue (All Sources) | $15,508,942 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
252.3 Months
of reserves - $87,484,796 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $346,716 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $95,602,631 |
| Total Liabilities | $8,117,835 |
| Liabilities as Share of Assets | 8.5% |
| Net Assets | $87,484,796 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 27, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Elizabeth Powell - President & CEO | $186,154 | 4.47% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 27, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
18 voting members, 18 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Elizabeth Powell | President & CEO |
| Michelle Gabor | Board Chair |
| Justus Morgan | Chair-Elect |
| Steve Johnson | Treasurer/vice Chair Of Finance |
| Kevin Kiesig | Vice Chair Of Investments |
| Richard Ruffo | Vice Chair Of Donor Development |
| Art Howell | Vice Chair Of Grants |
| Steve Donovan | Secretary |
| Anna Clementi | Director |
| Jennifer Eastman | Director |
| Kevin McCabe | Director |
| Eric Peterson | Director |
| Bill Streeter | Director |
| Peter Wyant | Director |
| Nicole Farbo | Director |
| Ashley Madala | Director |
| Peter Reynolds | Director |
| Tasha Woods | Director (From Dec 2025) |
| Wes Walsh | Director (From Dec 2025) |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence18 voting / 18 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $3,249,137 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Ascension All Saints Hospital Foundation FOR THE PURCHASE OF MEDICAL EQUIPMENT, ETC. | $6,229 |
| Beleaf Survivors Inc FOR PROGRAMMING AND OPERATIONS | $24,000 |
| Bhs Scholarships Inc FOR THE DR. KZE SCHOLARSHIP FUND | $18,356 |
| Big Sisters Of Greater Racine Inc TO PROVIDE OPERATING SUPPORT | $10,944 |
| Caledonia Conservancy TO PROVIDE OPERATING SUPPORT | $8,000 |
| Carthage College FUNDING FOR VARIOUS PROGRAMS | $52,000 |
| Catholic Charities FOR PROGRAMMING AND OPERATIONS | $40,000 |
| Catholic Relief Services TO PROVIDE OPERATING SUPPORT | $5,336 |
| Children'S Service Society Of Wisconsin IMPROVING ACCESS TO CHILDREN'S MENTAL HEALTH CARE | $46,500 |
| Choral Arts Society Of Southeastern Wisconsin OPERATING SUPPORT FOR THE 2025/2026 SEASON | $10,000 |
| City Of Racine FOR VARIOUS DEPARTMENTS | $92,557 |
| Concordia University AFRICAN AMERICAN YOUTH INITIATIVE-RACINE COUNTY STUDENTS | $5,500 |
| Dekoven Center FOR SPECIFIC PROJECTS AND OPERATING SUPPORT | $52,398 |
| Emaus Elca Lutheran Church EMAUS EASY & NEIGHBORHOOD OUTREACH PROGRAM | $21,000 |
| Feeding America Eastern Wisconsin HEALTHY FOOD PURCHASES FOR RACINE PANTRIES PROGRAM | $10,000 |
| Fight To End Exploitation OPERATING SUPPORT | $32,000 |
| Focus On Community Inc FOR THE SUBSTANCE ABUSE PREVENTION (SAP) PROGRAM | $25,619 |
| Friends Of Camp Anokijig Inc OPERATING SUPPORT | $6,757 |
| Gateway Technical College Foundation FOR VARIOUS SCHOLARSHIP PROGRAMS | $113,786 |
| Girl Scouts Of Wisconsin Southeast FOR PROGRAMMING AND OPERATIONS | $19,097 |
| Health Care Network Inc FOR PROGRAMMING AND OPERATIONS | $133,266 |
| Holy Communion Lutheran Church OPERATING SUPPORT | $10,043 |
| Homeless Assistance Leadership Organization Inc FOR PROGRAMMING AND OPERATIONS | $65,113 |
| Hopes Center Of Racine Inc FOR PROGRAMMING AND OPERATIONS | $38,200 |
| Hospitality Center Inc FOR PROGRAMMING AND OPERATIONS | $64,250 |
| Housing Resources Inc HOMEBUYER EDUCATION/COUNSELING - RACINE COUNTY | $40,000 |
| Hyslop Foundation Inc Hawthorn Hollow FOR PROGRAMMING AND OPERATIONS | $7,124 |
| John Xxiii Educational Center TO PROVIDE OPERATING SUPPORT | $25,839 |
| Junior Achievement Of Wisconsin Inc FOR PROGRAMMING AND OPERATIONS | $23,500 |
| Junior League Of Racine TO PROVIDE OPERATING SUPPORT | $5,689 |
| Living Faith Lutheran Church Elca TO PROVIDE OPERATING SUPPORT | $10,028 |
| Lovingkindness Transitional Services Inc OPERATING SUPPORT | $25,000 |
| Lutheran Social Services Of Wisconsin And Upper Michigan FOR PROGRAMMING AND OPERATIONS | $27,000 |
| Nami Racine FOR PROGRAMMING AND OPERATIONS | $54,282 |
| North Pointe United Methodist Church OPERATING SUPPORT | $9,000 |
| Olympia Brown Unitarian Universalist Church OPERATING SUPPORT | $21,676 |
| Over Our Head Players Inc OPERATING SUPPORT FOR THE 2025/2026 SEASON | $12,764 |
| Own It Mentoring Community FOR THE RUSD OWN IT ZONE PROGRAM | $35,000 |
| Prairie School FOR PROGRAMMING AND OPERATIONS | $10,250 |
| Prevent Blindness Wisconsin VISION 4 RACINE PROGRAM | $95,736 |
| Racine Art Museum Association Inc FOR PROGRAMMING AND OPERATIONS | $118,459 |
| Racine Concert Band Association FOR PROGRAMMING AND OPERATIONS | $7,000 |
| Racine County Food Bank TO PROVIDE OPERATING SUPPORT | $18,187 |
| Racine County Historical Society And Museum FOR PROGRAMMING AND OPERATIONS | $72,491 |
| Racine Dominican Ministries Inc - Eco Justice Center FOR PROGRAMMING AND OPERATIONS | $7,250 |
| Racine Elca Neighborhood Camp FOR THE 2025 RACINE ELCA NEIGHBORHOOD CAMP | $22,600 |
| Racine Family YMCA FOR PROGRAMMING AND OPERATIONS | $58,866 |
| Racine Friendship Clubhouse Inc FOR PROGRAMMING AND OPERATIONS | $22,150 |
| Racine Habitat For Humanity Inc TO PROVIDE OPERATING SUPPORT | $10,940 |
| Racine Kenosha Community Action Agency FOR THE SKILLS ENHANCEMENT PROGRAM | $25,000 |
| Racine Literacy Council FOR PROGRAMMING AND OPERATIONS | $28,242 |
| Racine Lutheran High School TO PROVIDE OPERATING SUPPORT | $31,844 |
| Racine Royal Family Kids Camp (For The Children) FOR THE 2025 RACINE ROYAL FAMILY KIDS CAMP | $21,000 |
| Racine Symphony Orchestra Association TO PROVIDE OPERATING SUPPORT | $56,328 |
| Racine Theatre Guild TO PROVIDE OPERATING SUPPORT | $31,895 |
| Racine Unified School District FOR PROGRAMMING AND OPERATIONS | $61,252 |
| Racine Vocational Ministry Inc FOR PROGRAMMING AND OPERATIONS | $43,600 |
| Racine Zoological Society TO PROVIDE OPERATING SUPPORT | $96,537 |
| Reading And Math Inc Dba Ampact WISCONSIN READING CORPS PROGRAM IN RUSD | $43,000 |
| River Bend Nature Center FOR PROGRAMMING AND OPERATIONS | $13,684 |
| Safe & Sound Inc RESIDENT/YOUTH VIOLENCE PREVENTION - RACINE COUNTY | $16,000 |
| Safe Families For Children Wisconsin Inc OPERATING SUPPORT | $18,500 |
| Safe Haven Of Racine Inc FOR PROGRAMMING AND OPERATIONS | $38,495 |
| Securefutures Foundation Inc MONEY COACH PROGRAM FOR RACINE COUNTY STUDENTS | $43,000 |
| Senior Companion Program Inc FOR PROGRAMMING AND OPERATIONS | $19,000 |
| Sleep In Heavenly Peace FOR PROGRAMMING AND OPERATIONS | $11,000 |
| Southeastern Wisconsin Youth For Christ OPERATING SUPPORT | $7,500 |
| St John'S Lutheran Church And School OPERATING SUPPORT | $6,471 |
| St Luke'S Episcopal Church OPERATING SUPPORT | $47,642 |
| St Monica'S Senior Living Inc FOR PROGRAMMING AND OPERATIONS | $8,512 |
| Tex Reynold'S Toys For Tots OPERATING SUPPORT | $14,172 |
| The Arc Of Racine County Inc FOR PROGRAMMING AND OPERATIONS | $10,654 |
| The Salvation Army FOR PROGRAMMING AND OPERATIONS | $46,000 |
| Three Harbors Council Boy Scouts Of America OPERATING SUPPORT | $6,852 |
| Trinity Lutheran Church OPERATING SUPPORT | $29,741 |
| Union Grove - Yorkville Fire Department OPERATING SUPPORT | $14,268 |
| United Lutheran Church OPERATING SUPPORT | $7,703 |
| United Way Of Racine County TO PROVIDE OPERATING SUPPORT | $17,436 |
| Uw Parkside Foundation Inc FOR PROGRAMMING AND OPERATIONS | $16,992 |
| Veterans Outreach Of Wisconsin OPERATING SUPPORT | $57,000 |
| Vision Forward Association FOR PROGRAMMING AND OPERATIONS | $100,374 |
| Vivent Health Inc HIV PREVENTION AND CARE PROGRAM | $25,000 |
| Volunteer Center Of Racine Inc FOR PROGRAMMING AND OPERATIONS | $36,000 |
| Watershed Program Of Southeast Wisconsin Inc WATERSHED PROGRAM FOR RACINE COUNTY STUDENTS | $7,500 |
| Wisconsin Humane Society OPERATING SUPPORT FOR THE RACINE CAMPUS | $39,045 |
| Wisconsin Women'S Business Initiative Corporation ENTREPRENEUR TRAINING / TECH ASST - RACINE COUNTY | $33,000 |
| Women'S Resource Center TO PROVIDE OPERATING SUPPORT | $39,159 |
| YWCA Southeast Wisconsin FOR PROGRAMMING AND OPERATIONS | $29,226 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $6,122,615 | - |
| Fiscal 2025 | $15,508,942 | +153.3% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed May 27, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.