Civic Intelligence

Wallace State Community College Future Foundation Inc.

990 • Fiscal year 2018 • EIN 20-1438564

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileN/A
801 Main Street NWHanceville, AL 35077

(256) 352-8144

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

89th percentile

38%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

103%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$3,895,453

Up $1,062,728 (+38%) from 2017

Net Assets

Up

$3,895,453

Up $1,062,728 (+38%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin95th percentile

Revenue

Up

$1,503,642

Up $762,336 (+103%) from 2017

Expenses

Up

$458,960

Up $21,703 (+5.0%) from 2017

Net Income

Up

$1,044,682

Up $740,633 (+244%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$10M$5.0M$0Assets 2011: $1,751,604Liabilities 2011: $134Net Assets 2011: $1,751,4702011Assets 2012: $2,034,486Liabilities 2012: $21,938Net Assets 2012: $2,012,5482012Assets 2013: $2,104,827Liabilities 2013: $0Net Assets 2013: $2,104,8272013Assets 2014: $2,228,758Liabilities 2014: $0Net Assets 2014: $2,228,7582014Assets 2015: $2,393,803Liabilities 2015: $1,705Net Assets 2015: $2,392,0982015Assets 2016: $2,414,125Liabilities 2016: $0Net Assets 2016: $2,414,1252016Assets 2017: $2,832,725Liabilities 2017: $0Net Assets 2017: $2,832,7252017Assets 2018: $3,895,453Liabilities 2018: $0Net Assets 2018: $3,895,4532018Assets 2019: $4,374,530Liabilities 2019: $140,700Net Assets 2019: $4,233,8302019Assets 2020: $4,393,519Liabilities 2020: $0Net Assets 2020: $4,393,5192020Assets 2021: $5,796,616Liabilities 2021: $0Net Assets 2021: $5,796,6162021Assets 2022: $6,234,798Liabilities 2022: $4,093Net Assets 2022: $6,230,7052022Assets 2023: $7,458,931Liabilities 2023: $0Net Assets 2023: $7,458,9312023Assets 2024: $8,175,254Liabilities 2024: $0Net Assets 2024: $8,175,2542024

Highlighted filing

2018

Assets$3,895,453
Liabilities$0
Net Assets$3,895,453
Open 2018 Filing

Operations Trend

Revenue Growth94th percentile

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

$3.0M$2.0M$1.0M$0Revenue 2011: $257,740Expenses 2011: $157,530Net Income 2011: $100,2102011Revenue 2012: $552,167Expenses 2012: $291,089Net Income 2012: $261,0782012Expenses 2013: $267,3062013Revenue 2014: $306,873Expenses 2014: $253,201Net Income 2014: $53,6722014Revenue 2015: $549,875Expenses 2015: $356,534Net Income 2015: $193,3412015Revenue 2016: $355,632Expenses 2016: $353,903Net Income 2016: $1,7292016Revenue 2017: $741,306Expenses 2017: $437,257Net Income 2017: $304,0492017Revenue 2018: $1,503,642Expenses 2018: $458,960Net Income 2018: $1,044,6822018Revenue 2019: $903,269Expenses 2019: $595,384Net Income 2019: $307,8852019Revenue 2020: $1,068,359Expenses 2020: $722,363Net Income 2020: $345,9962020Revenue 2021: $953,473Expenses 2021: $471,478Net Income 2021: $481,9952021Revenue 2022: $2,491,571Expenses 2022: $703,009Net Income 2022: $1,788,5622022Revenue 2023: $1,193,175Expenses 2023: $741,091Net Income 2023: $452,0842023Revenue 2024: $1,119,177Expenses 2024: $789,080Net Income 2024: $330,0972024

Highlighted filing

2018

Revenue$1,503,642
Expenses$458,960
Net Income$1,044,682
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$1,721,290
Mission and Program Overview

Mission

The foundation is a not-for-profit corporation that assists wallace state community college, a public institution of higher education, in fulfilling and performing its educational purposes

To benefit the educational objectives of wallace state community college

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,740,958$2,858,927▲ $1,117,969
Pledges and Grants Receivable$535,651$626,194▲ $90,543
Cash and Non-Interest-Bearing Accounts$429,534$284,190▼ $145,344
Prepaid Expenses and Deferred Charges$699$699→ $0
Accounts Receivable$883$443▼ $440
Total Assets$2,832,725$3,895,453▲ $1,062,728
Other Assets Total$125,000$125,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,631,677$2,494,305▲ $862,628
Temporarily Rstr Net Assets$1,010,670$1,309,388▲ $298,718
Unrestricted Net Assets$190,378$91,760▼ $98,618
Total Net Assets Fund Balance$2,832,725$3,895,453▲ $1,062,728
Total Liabilities and Net Assets / Fund Balance$2,832,725$3,895,453▲ $1,062,728

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,631,677$862,628--$2,494,305
2016$1,404,444$227,233--$1,631,677
2015$1,345,216$59,228--$1,404,444
2014$1,161,281$183,935--$1,345,216
2013$1,046,175$2,700▲ $112,406-$1,161,281
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jason SpannPresident
Leah BolinVice President
Billy JacksonBoard Member
Cheryl BaileyBoard Member
Dale GreerBoard Member
Danny KellyBoard Member
Don HubbardBoard Member
Donna GuthrieBoard Member
Jim DavisBoard Member
John RileyBoard Member
Lisa WeeksBoard Member
Retha TinneyBoard Member
Scotty HooperBoard Member
Shirley QuattlebaumBoard Member
Tim ComptonBoard Member
Tj FraneyBoard Member
Jason WhiteAlumni Rep
Betty Leeth HaynesEmeritus
Fred CespedesEmeritus
Vicki KarolewicsEx-officio
Bill St JohnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,427,608
Program Service Revenue
$0
Investment Income
$85,275
Other Revenue
$-9,241
All Other Contributions
$1,291,115
Change in Net Assets
$1,044,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,503,642
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$72,176
Total Revenue per Audited Statements
$1,575,818
Total Revenue per Form 990
$1,503,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$258,382
Grants and Similar Amounts Paid$200,578
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$200,578--$200,578
Other Expenses$31,477--$31,477
Fees for Service Investment Mgmnt Fees-$10,095-$10,095
All Other Expenses$2,280$7,064-$9,344
Fees for Services Accounting-$8,400-$8,400
Office Expenses-$2,140-$2,140
Insurance-$1,340-$1,340
Conferences and Meetings-$1,211-$1,211
Total Functional Expenses$428,710$30,250$0$458,960

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$513,090
Expenses per Audited Statements$458,960
Total Expenses per Form 990$458,960
Expenses Not Reported on Form 990$54,130
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,241
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foundation/alumni Events$119,492-$9,241-
Total Events$119,492-$9,241$-9,241
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
No
Backup withholding compliance
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 B, Line 11B

“The board and officers provide all supporting documents for preparation of the information return and the board reviews the form 990 prior to filing”

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

“There is no formal process set forth to monitor compliance with this policy. It is expressly known by all directors and officers that conflicts of interest are not allowed.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy, financial statements and form 990 are available for public inspection at the office of the organization at 801 main street nw, hanceville, al 35077.”

Filing and Contact Details

Filer

Filer Name
Wallace State Community College Future
EIN
20-1438564
Phone
2563528144
Address
801 MAIN STREET NW, HANCEVILLE, AL 35077

Signing Officer

Name
Jason Spann
Title
President
Phone
2563528144
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Spann
Formed
2004
Legal Domicile
Al
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
83

Preparer

Firm
Dipiazza Larocca Heeter & Co LLC
Address
P O BOX 530095, BIRMINGHAM, AL 35253-0095
Preparer
Monty S Waites CPA
Phone
2058719973
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The organization intends to hold the principal amount of the endowments in perpetuity”

PART X, LINE 2:

“The foundation follows the provisions of financial accounting standards board (fasb) asc topic 740, accounting for uncertainty in income taxes. As of june 30, 2018, the foundation had no uncertain tax positions that qualify for disclosure in the financial statements. The foundation files an annual form 990 with the irs and its tax returns for previous open tax years may be subject to examination by taxing authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 9,241. Write off of current year pledges 2,215. Npv discount on pledges 42,674.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 9,241. Write off of current year pledges 2,215. Npv discount on pledges 42,674.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17ALUMNI REP
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0119492
IRS990/FundraisingDirectExpensesAmt09241
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt02534
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0200578
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0200578
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0200578
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0210941
IRS990/GrossReceiptsAmt01721290
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01340
IRS990/InsuranceGrp/TotalAmt01340
IRS990/InvestmentIncomeGrp/ExclusionAmt082741
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt082741
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0208407
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt017001
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION THAT ASSISTS WALLACE STATE COMMUNITY COLLEGE, A PUBLIC INSTITUTION OF HIGHER EDUCATION, IN FULFILLING AND PERFORMING ITS EDUCATIONAL PURPOSES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02832725
IRS990/NetAssetsOrFundBalancesEOYAmt03895453
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02534
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02534
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9241
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9241
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt018046
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02140
IRS990/OfficeExpensesGrp/TotalAmt02140
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125000
IRS990/OtherAssetsTotalGrp/EOYAmt0125000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALUMNI EXPENSE
IRS990/OtherExpensesGrp/Desc1AWARDS/COMMUNITY RELATI
IRS990/OtherExpensesGrp/Desc2PRIOR YEAR PLEDGE NOT R
IRS990/OtherExpensesGrp/Desc3STUDENT INVESTMENT LUNC
IRS990/OtherExpensesGrp/ProgramServicesAmt0111687
IRS990/OtherExpensesGrp/ProgramServicesAmt142688
IRS990/OtherExpensesGrp/ProgramServicesAmt240000
IRS990/OtherExpensesGrp/ProgramServicesAmt331477
IRS990/OtherExpensesGrp/TotalAmt0111687
IRS990/OtherExpensesGrp/TotalAmt142688
IRS990/OtherExpensesGrp/TotalAmt240000
IRS990/OtherExpensesGrp/TotalAmt331477
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01631677
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02494305
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0535651
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0626194
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0699
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0699
IRS990/PrincipalOfficerNm0JASON SPANN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0717455
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0167849
IRS990/PYInvestmentIncomeAmt035811
IRS990/PYOtherExpensesAmt0269408
IRS990/PYOtherRevenueAmt0-11960
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0304049
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0437257
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0741306
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt01044682
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01740958
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02858927
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01427608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0717455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0396932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0498957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0288241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03329193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt082741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032371
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020797
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038958
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt036996
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0211863
IRS990ScheduleA/PublicSupportCY170Pct00.94020
IRS990ScheduleA/PublicSupportPY170Pct00.94660
IRS990ScheduleA/PublicSupportTotal170Amt03329193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01427608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0717455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0396932
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0498957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0288241
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03329193
IRS990ScheduleA/TotalSupportAmt03541056
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01631677
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0862628
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02494305
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01404444
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0227233
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01631677
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01345216
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt059228
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01404444
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01161281
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0183935
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01345216
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01046175
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02700
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01161281
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112406
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt054130
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0458960
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt018046
IRS990ScheduleD/OtherExpensesIncludedAmt054130
IRS990ScheduleD/OtherRevenueAmt054130
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt072176
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01503642
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION INTENDS TO HOLD THE PRINCIPAL AMOUNT OF THE ENDOWMENTS IN PERPETUITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS OF JUNE 30, 2018, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES AN ANNUAL FORM 990 WITH THE IRS AND ITS TAX RETURNS FOR PREVIOUS OPEN TAX YEARS MAY BE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 9,241. WRITE OFF OF CURRENT YEAR PLEDGES 2,215. NPV DISCOUNT ON PLEDGES 42,674.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES 9,241. WRITE OFF OF CURRENT YEAR PLEDGES 2,215. NPV DISCOUNT ON PLEDGES 42,674.
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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0458960

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,895,453
Liabilities
$0
Net assets
$3,895,453
Revenue
$1,503,642
Expenses
$458,960
Net income
$1,044,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.18$0.00$8.18$1.12$0.79$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.46$0.00$7.46$1.19$0.74$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$0.00$6.23$2.49$0.70$1.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.00$5.80$0.95$0.47$0.48
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.00$4.39$1.07$0.72$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.14$4.23$0.90$0.60$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$1.50$0.46$1.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$0.00$2.83$0.74$0.44$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.00$2.41$0.36$0.35$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.55$0.36$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.31$0.25$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.00$2.10$0.27
2012Summary only. Only limited summary data is available for this year.$2.03$0.02$2.01$0.55$0.29$0.26
2011Summary only. Only limited summary data is available for this year.$1.75$0.00$1.75$0.26$0.16$0.10