Civic Intelligence

Fletcher Technical Community College Foundation Inc

990 • Fiscal year 2013 • EIN 20-4415988

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 21, 2014

1407 Highway 31170395

(985) 448-7920

Siviq Scores

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

Liabilities / Assets

40th percentile

0.06x

Higher debt load relative to assets than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

84th percentile

1.06x

Higher debt load relative to revenue than 84% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

1st percentile

-382%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$2,798,092

Down $542,371 (-16%) from 2012

Net Assets

Down

$2,641,118

Down $534,605 (-17%) from 2012

Liabilities

Down

$156,974

Down $7,766 (-4.7%) from 2012

Revenue

$148,624

No earlier filing loaded for comparison.

Expenses

Down

$716,734

Down $1,594,489 (-69%) from 2012

Net Income

-$568,110

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $668,377Liabilities 2010: $120,000Net Assets 2010: $548,3772010Assets 2011: $779,723Liabilities 2011: $127,945Net Assets 2011: $651,7782011Assets 2012: $3,340,463Liabilities 2012: $164,740Net Assets 2012: $3,175,7232012Assets 2013: $2,798,092Liabilities 2013: $156,974Net Assets 2013: $2,641,1182013Assets 2014: $1,797,167Liabilities 2014: $152,697Net Assets 2014: $1,644,4702014Assets 2015: $1,985,089Liabilities 2015: $172,329Net Assets 2015: $1,812,7602015Assets 2016: $1,986,102Liabilities 2016: $2,000Net Assets 2016: $1,984,1022016Assets 2017: $2,218,382Liabilities 2017: $0Net Assets 2017: $2,218,3822017Assets 2018: $2,603,592Liabilities 2018: $0Net Assets 2018: $2,603,5922018Assets 2019: $2,631,702Liabilities 2019: $0Net Assets 2019: $2,631,7022019Assets 2020: $2,769,744Liabilities 2020: $559Net Assets 2020: $2,769,1852020Assets 2021: $4,924,173Liabilities 2021: $61,707Net Assets 2021: $4,862,4662021Assets 2022: $4,246,087Liabilities 2022: $7,901Net Assets 2022: $4,238,1862022Assets 2023: $4,744,784Liabilities 2023: $50,287Net Assets 2023: $4,694,4972023Assets 2024: $3,758,177Liabilities 2024: $69,617Net Assets 2024: $3,688,5602024

Highlighted filing

2013

Assets$2,798,092
Liabilities$156,974
Net Assets$2,641,118

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $256,1152010Expenses 2011: $252,6182011Expenses 2012: $2,311,2232012Revenue 2013: $148,624Expenses 2013: $716,734Net Income 2013: -$568,1102013Revenue 2014: $326,184Expenses 2014: $1,335,829Net Income 2014: -$1,009,6452014Revenue 2015: $440,025Expenses 2015: $258,131Net Income 2015: $181,8942015Revenue 2016: $349,003Expenses 2016: $337,983Net Income 2016: $11,0202016Revenue 2017: $377,155Expenses 2017: $182,366Net Income 2017: $194,7892017Revenue 2018: $756,257Expenses 2018: $322,010Net Income 2018: $434,2472018Revenue 2019: $412,644Expenses 2019: $462,238Net Income 2019: -$49,5942019Revenue 2020: $497,912Expenses 2020: $399,626Net Income 2020: $98,2862020Revenue 2021: $3,220,607Expenses 2021: $1,127,326Net Income 2021: $2,093,2812021Revenue 2022: $633,603Expenses 2022: $1,257,883Net Income 2022: -$624,2802022Revenue 2023: $1,128,573Expenses 2023: $672,262Net Income 2023: $456,3112023Revenue 2024: $1,085,695Expenses 2024: $2,091,632Net Income 2024: -$1,005,9372024

Highlighted filing

2013

Revenue$148,624
Expenses$716,734
Net Income-$568,110
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 21, 2014
Return Version
2013v3.0
Gross Receipts
$182,261
Mission and Program Overview

Mission

Support and enhance Fletcher Technical Comunity College's programs, facilities, and overall mission, and to foster private financial resources for the college in order to allow the college to respond effectively to workforce development and student and industry needs.

Support and enhance fletcher technical community college's programs, facilities, and overall mission, and to foster private financial resources for the college in order to allow the college to respond effectively to workforce development and student and industry needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,626,163$2,019,127▼ $607,036
Investments Program Related$392,289$588,099▲ $195,810
Cash and Non-Interest-Bearing Accounts$249,424$141,837▼ $107,587
Pledges and Grants Receivable$72,587$49,029▼ $23,558
Total Assets$3,340,463$2,798,092▼ $542,371
Liabilities
Other Liabilities$137,046$142,857▲ $5,811
Accounts Payable and Accrued Expenses$27,694$14,117▼ $13,577
Total Liabilities$164,740$156,974▼ $7,766
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,598,424$2,008,972▼ $589,452
Unrestricted Net Assets$447,299$502,146▲ $54,847
Permanently Rstr Net Assets$130,000$130,000→ $0
Total Net Assets Fund Balance$3,175,723$2,641,118▼ $534,605
Total Liabilities and Net Assets / Fund Balance$3,340,463$2,798,092▼ $542,371

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$297,830--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$141,340-▲ $5,968-$145,897
2012$85,296$50,000▲ $6,794-$141,340
2011$216,174-▼ $964$127,945$85,296
2010-$203,655▲ $13,123-$216,174
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen C SmithChairman
Hugh F CafferyVice Chairman
Francis C RichardDirector
Glenny Lee BuquetDirector
Kenneth WatkinsDirector
Kenneth WoodDirector
Lj FolseDirector
Lynwood J PatinDirector
Travis DavidDirector
William Foster JrDirector
Joey FontenotSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$111,104
Program Service Revenue
$0
Investment Income
$26,985
Other Revenue
$10,535
All Other Contributions
$111,104
Change in Net Assets
$-568,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,624
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$99,149
Total Revenue per Audited Statements
$247,773
Total Revenue per Form 990
$148,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$574,915
Other Expenses$141,819
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$508,301--$508,301
Grants to Domestic Individuals$66,614--$66,614
Fees for Services Legal$64,690--$64,690
Advertising$26,646--$26,646
Office Expenses$18,857$858-$19,715
Fees for Services Accounting-$17,423-$17,423
Fees for Services Other$12,309--$12,309
Occupancy$350$309-$659
Information Technology$377--$377
Total Functional Expenses$698,144$18,590$0$716,734

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$782,378
Expenses per Audited Statements$716,734
Total Expenses per Form 990$716,734
Expenses Not Reported on Form 990$65,644
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
72-0772772--Support Programs and Facillity$265,199
---To Assist State of Louisiana in Construction of New Facility$243,102
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,172
Fundraising Direct Expenses$33,637
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$44,172$44,172$33,637$10,535
Total Events$44,172$44,172$33,637$10,535
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State Funds Held in Custody$142,857
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 B, Line 11

Form 990 is provided to the board for review prior to submission to the internal revenue service.

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

Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement to disclose any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

Disclosure of governing documents, policies, procedures, and financial information are made available upon request.

Filing and Contact Details

Filer

EIN
20-4415988
Phone
9854487920

Signing Officer

Name
Stephen C Smith
Title
Chairman
Phone
9854487920
Signed
2014-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen C Smith
Formed
2006
Legal Domicile
La
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
16

Preparer

Preparer
Jeremy Klibert
Phone
2259276811
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management of the foundation believes it has no material uncertain tax positions and, accordinly, has not recognized any liability for unrecognized tax issues.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses

Raw XML AppendixShowing 400 of 469 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/PYTotalRevenueAmt04801807
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-568110
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02626163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02019127
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0111104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0378729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt092452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049703
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0667143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026985
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0997
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080321
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt044172
IRS990ScheduleA/PublicSupportCY170Pct00.86970
IRS990ScheduleA/PublicSupportPY170Pct00.91850
IRS990ScheduleA/PublicSupportTotal170Amt0650041
IRS990ScheduleA/SubstantialContributorsTotAmt017102
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0111104
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0378729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt092452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035155
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049703
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0667143
IRS990ScheduleA/TotalSupportAmt0747464
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/AdministrativeExpensesAmt01411
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0141340
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0145897
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt05968
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt085296
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0141340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06794
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01969
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0216174
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt085296
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-964
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0127945
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0604
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0203655
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0216174
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013123
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt032007
IRS990ScheduleD/DonatedServicesUseFcltsAmt032007
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt065644
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0716734
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0290269
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1297830
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ENDOWMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1BRAF INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt033505
IRS990ScheduleD/OtherExpensesIncludedAmt033637
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0142857
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STATE FUNDS HELD IN CUSTODY
IRS990ScheduleD/OtherRevenueAmt033637
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.89000
IRS990ScheduleD/RevenueNotReportedAmt099149
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0148624
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE FOUNDATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX ISSUES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.11000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0588099
IRS990ScheduleD/TotalExpensesPerForm990Amt0716734
IRS990ScheduleD/TotalLiabilityAmt0142857
IRS990ScheduleD/TotalRevenuePerForm990Amt0148624
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0247773
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0782378
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033637
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt044172
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044172
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044172
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044172
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010535
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt033637
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt033637
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt066614
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FLETCHER STUDENT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0STUDENT SCHLOARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990ScheduleI/RecipientTable/CashGrantAmt0265199
IRS990ScheduleI/RecipientTable/CashGrantAmt1243102
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT PROGRAMS AND FACILLITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ASSIST STATE OF LOUISIANA IN CONSTRUCTION OF NEW FACILITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10FLETCHER TECHNICAL COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11STATE OF LOUISIANA CO OFFICE OF FACILITY & PLANNING CONTROL
IRS990ScheduleI/RecipientTable/RecipientEIN0720772772
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10PO BOX 5033
IRS990ScheduleI/RecipientTable/USAddress/AddressLine111201 N 3RD ST
IRS990ScheduleI/RecipientTable/USAddress/City0HOUMA
IRS990ScheduleI/RecipientTable/USAddress/City1BATON ROUGE
IRS990ScheduleI/RecipientTable/USAddress/State0LA
IRS990ScheduleI/RecipientTable/USAddress/State1LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode070361
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode170802
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FLETCHER TECHNICAL COMMUNITY COLLEGE REQUESTS FUNDS FROM THE FOUNDATION TO SUPPORT THE COLLEGE. ADDITIONALLY, THEY ESTABLISH THE CRITERIA FOR SCHOLARSHIPS, MONITOR THE USE OF FUNDS AND MAKE RECOMMENDATIONS TO THE FOUNDATION FOR FUNDING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES, PROCEDURES, AND FINANCIAL INFORMATION ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02598424
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02008972
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03340463
IRS990/TotalAssetsEOYAmt02798092
IRS990/TotalAssetsGrp/BOYAmt03340463

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.76$0.07$3.69$1.09$2.09$1.01
2023Detailed filing. Detailed filing data is available for this year.$4.74$0.05$4.69$1.13$0.67$0.46
2022Detailed filing. Detailed filing data is available for this year.$4.25$0.01$4.24$0.63$1.26$0.62
2021Detailed filing. Detailed filing data is available for this year.$4.92$0.06$4.86$3.22$1.13$2.09
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.50$0.40$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$0.41$0.46$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.76$0.32$0.43
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.38$0.18$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.98$0.35$0.34$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.99$0.17$1.81$0.44$0.26$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.15$1.64$0.33$1.34$1.01
2013Detailed filing. Detailed filing data is available for this year.$2.80$0.16$2.64$0.15$0.72$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.16$3.18$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.13$0.65$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.12$0.55$0.26