Civic Intelligence

Kennebec Valley Community College Foundation

990 • Fiscal year 2017 • EIN 01-0471173

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 01, 2017

Organization ProfileWWW.KVCC.ME.EDU
92 Western AvenueFairfield, ME 04937-1367

(207) 453-5020

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

33rd percentile

-2.2%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

47th percentile

2.4%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-23%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$4,198,187

Up $97,361 (+2.4%) from 2016

Net Assets

Up

$4,175,350

Up $155,230 (+3.9%) from 2016

Liabilities

Down

$22,837

Down $57,869 (-72%) from 2016

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin33rd percentile

Revenue

Down

$357,019

Down $104,301 (-23%) from 2016

Expenses

Down

$364,767

Down $334,606 (-48%) from 2016

Net Income

Up

-$7,748

Up $230,305 (+97%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,689,262Liabilities 2010: $2,258Net Assets 2010: $2,687,0042010Assets 2011: $3,239,884Liabilities 2011: $3,752Net Assets 2011: $3,236,1322011Assets 2012: $3,194,087Liabilities 2012: $23,021Net Assets 2012: $3,171,0662012Assets 2013: $3,473,369Liabilities 2013: $21,640Net Assets 2013: $3,451,7292013Assets 2014: $3,910,685Liabilities 2014: $13,506Net Assets 2014: $3,897,1792014Assets 2015: $4,125,530Liabilities 2015: $10,576Net Assets 2015: $4,114,9542015Assets 2016: $4,100,826Liabilities 2016: $80,706Net Assets 2016: $4,020,1202016Assets 2017: $4,198,187Liabilities 2017: $22,837Net Assets 2017: $4,175,3502017Assets 2018: $4,321,539Liabilities 2018: $28,158Net Assets 2018: $4,293,3812018Assets 2019: $4,500,571Liabilities 2019: $50,489Net Assets 2019: $4,450,0822019Assets 2020: $4,243,879Liabilities 2020: $24,974Net Assets 2020: $4,218,9052020Assets 2021: $5,369,576Liabilities 2021: $13,001Net Assets 2021: $5,356,5752021Assets 2022: $5,554,302Liabilities 2022: $19,664Net Assets 2022: $5,534,6382022Assets 2023: $5,562,726Liabilities 2023: $33,832Net Assets 2023: $5,528,8942023Assets 2024: $5,977,355Liabilities 2024: $67,475Net Assets 2024: $5,909,8802024Assets 2025: $6,365,417Liabilities 2025: $219,860Net Assets 2025: $6,145,5572025

Highlighted filing

2017

Assets$4,198,187
Liabilities$22,837
Net Assets$4,175,350
Open 2017 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $191,0942010Expenses 2011: $149,6102011Expenses 2012: $273,4892012Revenue 2013: $879,602Expenses 2013: $253,997Net Income 2013: $625,6052013Revenue 2014: $475,474Expenses 2014: $288,812Net Income 2014: $186,6622014Revenue 2015: $660,216Expenses 2015: $371,148Net Income 2015: $289,0682015Revenue 2016: $461,320Expenses 2016: $699,373Net Income 2016: -$238,0532016Revenue 2017: $357,019Expenses 2017: $364,767Net Income 2017: -$7,7482017Revenue 2018: $1,046,178Expenses 2018: $354,470Net Income 2018: $691,7082018Revenue 2019: $501,436Expenses 2019: $395,706Net Income 2019: $105,7302019Revenue 2020: $339,411Expenses 2020: $431,519Net Income 2020: -$92,1082020Revenue 2021: $579,733Expenses 2021: $351,631Net Income 2021: $228,1022021Revenue 2022: $699,650Expenses 2022: $309,644Net Income 2022: $390,0062022Revenue 2023: $534,504Expenses 2023: $399,851Net Income 2023: $134,6532023Revenue 2024: $555,685Expenses 2024: $494,673Net Income 2024: $61,0122024Revenue 2025: $625,285Expenses 2025: $645,676Net Income 2025: -$20,3912025

Highlighted filing

2017

Revenue$357,019
Expenses$364,767
Net Income-$7,748
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$2,042,776
Mission and Program Overview

Mission

To provide scholarships to qualifying Kennebec Valley Community College (KVCC) students and financial support to the College to use in support of academic programs, capital investment and college operations.

To raise funds for scholarships, facilities and support for Kennebec Valley Community College.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,901,088$3,997,326▲ $96,238
Savings and Temporary Cash Investments$187,927$158,686▼ $29,241
Cash and Non-Interest-Bearing Accounts$7,108$29,838▲ $22,730
Total Assets$4,100,826$4,198,187▲ $97,361
Other Assets Total$4,703$12,337▲ $7,634
Liabilities
Accounts Payable and Accrued Expenses$62,236$14,237▼ $47,999
Deferred Revenue$18,470$8,600▼ $9,870
Total Liabilities$80,706$22,837▼ $57,869
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,604,309$2,646,550▲ $42,241
Temporarily Rstr Net Assets$1,298,103$1,407,085▲ $108,982
Unrestricted Net Assets$117,708$121,715▲ $4,007
Total Net Assets Fund Balance$4,020,120$4,175,350▲ $155,230
Total Liabilities and Net Assets / Fund Balance$4,100,826$4,198,187▲ $97,361

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$3,901,088$37,614▲ $343,369-$3,997,326
2015$4,003,494$473,269▲ $67,781-$3,901,088
2014$3,886,207$396,815▲ $93,276-$4,003,494
2013$3,444,727$362,224▲ $377,321-$3,886,207
2012$3,025,693$364,831▲ $221,135-$3,444,727
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
John DaltonChair
Kathy L CoreyPast Chair
Dwight LittlefieldVice Chair
Dann HaydenTrustee
Deb KarterTrustee
Donald BormanTrustee
George OrestisTrustee
John E MardenTrustee
John PicchiottiTrustee
Lori G KletzerTrustee
Melissa HigginsTrustee
Michael WadsworthTrustee
Nancy SmithTrustee
Rita BilodeauTrustee
Sara J SylvesterTrustee
Richard HopperSecretary
Bruce HarringtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$130,478
Program Service Revenue
$0
Investment Income
$209,120
Other Revenue
$17,421
All Other Contributions
$84,328
Change in Net Assets
$-7,748

Audited Revenue Reconciliation

Revenue per Audited Statements
$328,394
Revenue Not Reported on Financial Statements
$28,625
Revenue Not Reported on Form 990
$215,073
Total Revenue per Audited Statements
$543,467
Total Revenue per Form 990
$357,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$229,817
Total Fundraising Expense$96,217
Salaries, Compensation, and Employee Benefits$94,025
Other Expenses$40,925
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$229,817--$229,817
Other Salaries and Wages--$75,408$75,408
Fees for Service Investment Mgmnt Fees-$28,625-$28,625
Pension Plan Contributions--$9,462$9,462
Other Employee Benefits--$9,155$9,155
Fees for Services Other-$8,150-$8,150
Other Expenses-$1,261$2,192$3,453
Travel-$488-$488
Conferences and Meetings-$209-$209
Total Functional Expenses$229,817$38,733$96,217$364,767

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$388,237
Total Expenses per Form 990$364,767
Expenses per Audited Statements$336,142
Expenses Not Reported on Form 990$52,095
Expenses Not Reported on Financial Statements$28,625
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
KvccFairfield, ME-Scholarships & Support$226,091
KvccFairfield, ME-Capital expenses$3,726
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,233
Fundraising Direct Expenses$38,812
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening of Jazz$76,673$48,973$4,641$44,332
Golf Tournament$25,710$7,260$7,518$-258
Total Events$102,383$56,233$38,812$17,421
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

“Line 9 explanation - The Foundation does not have any committee with the authority to act on behalf of the governing body. All committees are advisory in nature.”

Form 990, Part VI, Section B, line 11B

“The Foundation compares a draft copy of Form 990 prepared by an independent public accounting firm to the Foundation s audited financial statements. The return is then reviewed by interested members of the Board of Trustees.”

Form 990, Part VI, Section B, line 12C

“At the beginning of each meeting, the President of the Board of Trustees will ask if there are any conflicts of interest with any item on the agenda for that meeting. If there are no conflicts, the meeting proceeds uninterrupted.”

Form 990, Part VI, Section B, line 15

“Compensation is paid by Kennebec Valley Community College and the Foundation reimburses the College for the compensation and related benefits and taxes.”

Form 990, Part VI, Section C, line 19

“The Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kennebec Valley Community College
EIN
01-0471173
Phone
2074535020
Address
92 WESTERN AVENUE, FAIRFIELD, ME 04937-1367

Signing Officer

Name
Bruce Harrington
Title
Treasurer
Phone
2074535020
Signed
2017-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Harrington
Formed
1991
Legal Domicile
Me
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
17

Preparer

Firm
Macpage LLC
Address
30 Long Creek Drive, South Portland, ME 04106
Preparer
Patrick Nicholas
Phone
2077745701
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“Endowment funds were awarded as scholarships to eligible recipients. Eligibility is governed by the wishes of each respective donor and screening process accomplished by College financial aid staff prior to award.”

Part X, Line 2:

“The Foundation has been determined to be exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Management has determined that the Foundation has no uncertain tax positions that require adjustment to the financial statements. The Foundation is currently open to examination under the statute of limitations by the Internal Revenue Service for three years after the filing of the return.”

Part XI, Line 2D - Other Adjustments:

“Special Events 38,812.”

Part XII, Line 2D - Other Adjustments:

“Special Events 38,812.”

Raw XML AppendixShowing 400 of 543 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0229817
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0229817
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01738496
IRS990/GrossReceiptsAmt02042776
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0117569
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0117569
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03901088
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03997326
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01646945
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide scholarships to qualifying Kennebec Valley Community College (KVCC) students and financial support to the College to use in support of academic programs, capital investment and college operations.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04020120
IRS990/NetAssetsOrFundBalancesEOYAmt04175350
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt091551
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt091551
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017421
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017421
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0162978
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04703
IRS990/OtherAssetsTotalGrp/EOYAmt012337
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09155
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09155
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt02192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01261
IRS990/OtherExpensesGrp/TotalAmt03453
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt075408
IRS990/OtherSalariesAndWagesGrp/TotalAmt075408
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/FundraisingAmt09462
IRS990/PensionPlanContributionsGrp/TotalAmt09462
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02604309
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02646550
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Bruce Harrington
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Grants to KVCC for academic support and capital purposes.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt027230
IRS990/ProgSrvcAccomActy2Grp/GrantAmt027230
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0462504
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0551711
IRS990/PYInvestmentIncomeAmt0-46190
IRS990/PYOtherExpensesAmt056821
IRS990/PYOtherRevenueAmt045006
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-238053
IRS990/PYSalariesCompEmpBnftPaidAmt090841
IRS990/PYTotalExpensesAmt0699373
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0461320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-7748
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0187927
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0158686
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0130478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0462504
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0440280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0293235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0266557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01593054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0117569
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0118224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0122364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0150664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt078193
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0587014
IRS990ScheduleA/PublicSupportCY170Pct00.40000
IRS990ScheduleA/PublicSupportPY170Pct00.38600
IRS990ScheduleA/PublicSupportTotal170Amt0872059
IRS990ScheduleA/SubstantialContributorsTotAmt0720995
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0130478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0462504
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0440280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0293235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0266557
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01593054
IRS990ScheduleA/TotalSupportAmt02180068
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt054978
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03901088
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt037614
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03997326
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0229767
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0343369
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt084578
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04003494
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0473269
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03901088
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0558878
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt067781
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0129248
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03886207
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0396815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04003494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0243556
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt093276
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0124753
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03444727
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0362224
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03886207
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0173312
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0377321
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03025693
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0364831
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03444727
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0166932
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0221135
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt013283
IRS990ScheduleD/DonatedServicesUseFcltsAmt013283
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt052095
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt028625
IRS990ScheduleD/ExpensesSubtotalAmt0336142
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt028625
IRS990ScheduleD/InvestmentExpensesNotIncldAmt028625
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0162978
IRS990ScheduleD/OtherExpensesIncludedAmt038812
IRS990ScheduleD/OtherRevenueAmt038812
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.66000
IRS990ScheduleD/RevenueNotReportedAmt0215073
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt028625
IRS990ScheduleD/RevenueSubtotalAmt0328394
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds were awarded as scholarships to eligible recipients. Eligibility is governed by the wishes of each respective donor and screening process accomplished by College financial aid staff prior to award.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation has been determined to be exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Management has determined that the Foundation has no uncertain tax positions that require adjustment to the financial statements. The Foundation is currently open to examination under the statute of limitations by the Internal Revenue Service for three years after the filing of the return.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Special Events 38,812.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Special Events 38,812.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.34000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0364767
IRS990ScheduleD/TotalRevenuePerForm990Amt0357019
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0543467
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0388237
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt046150

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,198,187
Liabilities
$22,837
Net assets
$4,175,350
Revenue
$357,019
Expenses
$364,767
Net income
-$7,748
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.37$0.22$6.15$0.63$0.65$0.02
2024Detailed filing. Detailed filing data is available for this year.$5.98$0.07$5.91$0.56$0.49$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.56$0.03$5.53$0.53$0.40$0.13
2022Detailed filing. Detailed filing data is available for this year.$5.55$0.02$5.53$0.70$0.31$0.39
2021Detailed filing. Detailed filing data is available for this year.$5.37$0.01$5.36$0.58$0.35$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.24$0.02$4.22$0.34$0.43$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.50$0.05$4.45$0.50$0.40$0.11
2018Detailed filing. Detailed filing data is available for this year.$4.32$0.03$4.29$1.05$0.35$0.69
2017Detailed filing. Detailed filing data is available for this year.$4.20$0.02$4.18$0.36$0.36$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.10$0.08$4.02$0.46$0.70$0.24
2015Detailed filing. Detailed filing data is available for this year.$4.13$0.01$4.11$0.66$0.37$0.29
2014Detailed filing. Detailed filing data is available for this year.$3.91$0.01$3.90$0.48$0.29$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.02$3.45$0.88$0.25$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.02$3.17$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.00$3.24$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$0.19
Peer Organizations

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