Civic Intelligence

Mhc Academic Foundation

990 • Fiscal year 2019 • EIN 20-8407010

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 30, 2019

Organization Profilencfmhc.org
134 East Church StreetMartinsville, VA 24114

(276) 403-4445

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.05x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

3rd percentile

-98%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

18th percentile

$82,740

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-15%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$19,344,867

Down $542,461 (-2.7%) from 2018

Net Assets

Down

$19,308,284

Down $560,051 (-2.8%) from 2018

Liabilities

Up

$36,583

Up $17,590 (+93%) from 2018

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin3rd percentile

Revenue

Down

$713,871

Down $130,318 (-15%) from 2018

Expenses

Down

$1,416,855

Down $198,323 (-12%) from 2018

Net Income

Up

-$702,984

Up $68,005 (+8.8%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$30M$20M$10M$0Assets 2011: $2,331,363Liabilities 2011: $86,299Net Assets 2011: $2,245,0642011Assets 2012: $2,558,130Liabilities 2012: $2,166Net Assets 2012: $2,555,9642012Assets 2013: $14,870,657Liabilities 2013: $736,223Net Assets 2013: $14,134,4342013Assets 2014: $22,978,040Liabilities 2014: $1,350,525Net Assets 2014: $21,627,5152014Assets 2015: $22,383,895Liabilities 2015: $787,871Net Assets 2015: $21,596,0242015Assets 2016: $21,729,046Liabilities 2016: $800,137Net Assets 2016: $20,928,9092016Assets 2017: $21,126,098Liabilities 2017: $604,433Net Assets 2017: $20,521,6652017Assets 2018: $19,887,328Liabilities 2018: $18,993Net Assets 2018: $19,868,3352018Assets 2019: $19,344,867Liabilities 2019: $36,583Net Assets 2019: $19,308,2842019Assets 2020: $18,524,191Liabilities 2020: $82,066Net Assets 2020: $18,442,1252020Assets 2021: $13,547,909Liabilities 2021: $3,411Net Assets 2021: $13,544,4982021Assets 2022: $12,178,988Liabilities 2022: $6,309Net Assets 2022: $12,172,6792022Assets 2023: $13,028,839Liabilities 2023: $43,506Net Assets 2023: $12,985,3332023Assets 2024: $14,498,458Liabilities 2024: $7,154Net Assets 2024: $14,491,3042024Assets 2025: $16,118,675Liabilities 2025: $2,061Net Assets 2025: $16,116,6142025

Highlighted filing

2019

Assets$19,344,867
Liabilities$36,583
Net Assets$19,308,284
Open 2019 Filing

Operations Trend

Revenue Growth16th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2011: $1,119,8022011Expenses 2012: $1,353,9062012Expenses 2013: $2,193,1882013Revenue 2014: $9,350,154Expenses 2014: $1,978,026Net Income 2014: $7,372,1282014Revenue 2015: $3,444,931Expenses 2015: $3,507,428Net Income 2015: -$62,4972015Revenue 2016: $2,109,957Expenses 2016: $2,801,837Net Income 2016: -$691,8802016Revenue 2017: $1,748,611Expenses 2017: $2,344,386Net Income 2017: -$595,7752017Revenue 2018: $844,189Expenses 2018: $1,615,178Net Income 2018: -$770,9892018Revenue 2019: $713,871Expenses 2019: $1,416,855Net Income 2019: -$702,9842019Revenue 2020: $668,271Expenses 2020: $1,297,082Net Income 2020: -$628,8112020Revenue 2021: -$5,080,920Expenses 2021: $1,222,019Net Income 2021: -$6,302,9392021Revenue 2022: $1,115,149Expenses 2022: $483,835Net Income 2022: $631,3142022Revenue 2023: $669,738Expenses 2023: $320,979Net Income 2023: $348,7592023Revenue 2024: $763,302Expenses 2024: $283,883Net Income 2024: $479,4192024Revenue 2025: $1,196,414Expenses 2025: $295,020Net Income 2025: $901,3942025

Highlighted filing

2019

Revenue$713,871
Expenses$1,416,855
Net Income-$702,984
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$738,150
Mission and Program Overview

Mission

To provide financial and other support to new college institute, a virginia public body constituted by statute as a governmental instrumentality for the dissemination of education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,497,544$14,786,450▼ $711,094
Investments in Publicly Traded Securities$3,273,907$3,456,601▲ $182,694
Cash and Non-Interest-Bearing Accounts$1,100,599$1,074,369▼ $26,230
Prepaid Expenses and Deferred Charges$10,958$18,238▲ $7,280
Accounts Receivable$3,125$8,113▲ $4,988
Pledges and Grants Receivable$99$0▼ $99
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$19,887,328$19,344,867▼ $542,461
Other Assets Total$1,096$1,096→ $0
Liabilities
Deferred Revenue$6,300$18,425▲ $12,125
Accounts Payable and Accrued Expenses$12,693$18,158▲ $5,465
Total Liabilities$18,993$36,583▲ $17,590
Net Assets / Fund Balance
Unrestricted Net Assets$18,078,026$17,459,977▼ $618,049
Temporarily Rstr Net Assets$1,220,989$1,273,987▲ $52,998
Permanently Rstr Net Assets$569,320$574,320▲ $5,000
Total Net Assets Fund Balance$19,868,335$19,308,284▼ $560,051
Total Liabilities and Net Assets / Fund Balance$19,887,328$19,344,867▼ $542,461

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,191,230$1,823,411$15,014,641
Other Land Buildings$1,049,320$2,755,116$3,804,436
Land$545,900-$545,900

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,388,302$8,250▲ $138,229-$1,490,281
2017$1,253,198$60,881▲ $117,723-$1,388,302
2016$1,097,976$9,748▲ $160,771-$1,253,198
2015$1,085,809$10,000▲ $46,167-$1,097,976
2014$1,039,053$10,000▲ $51,691-$1,085,809
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah KaufmanExecutive DirectorFT$78,000$4,740$82,740

Board Members and Trustees

NameTitle
Patrice NewnamChairman
Kimble Reynolds JrPast Chair
Simone ReddVice Chair
Dr James RoundtreeBoard Member
Steve MartinBoard Member
Suzanne LacyBoard Member
Sandy StrayerTrustee
Leanna BlevinsEx-official
Mark HeathSecretary
Darrell JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,406
Program Service Revenue
$0
Investment Income
$84,062
Other Revenue
$581,403
All Other Contributions
$48,406
Change in Net Assets
$-702,984

Audited Revenue Reconciliation

Revenue per Audited Statements
$713,871
Revenue Not Reported on Form 990
$142,933
Total Revenue per Audited Statements
$856,804
Total Revenue per Form 990
$713,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,142,190
Salaries, Compensation, and Employee Benefits$230,119
Grants and Similar Amounts Paid$44,546
Total Fundraising Expense$23,122
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$709,130$7,163-$716,293
Other Salaries and Wages$80,884$31,109$12,441$124,434
Current Officers, Directors, Trustees, and Key Employees$53,781$20,685$8,274$82,740
Grants to Domestic Individuals$44,546--$44,546
Fees for Services Accounting$12,570$29,330-$41,900
Insurance$23,790$5,948-$29,738
Payroll Taxes$9,960$3,830$1,535$15,325
Occupancy$3,252$9,752-$13,004
Fees for Services Other$2,481$5,789-$8,270
Other Employee Benefits$3,246$1,248$500$4,994
All Other Expenses$1,152$3,274$110$4,536
Office Expenses$2,742$685-$3,427
Pension Plan Contributions$1,707$657$262$2,626
Other Expenses$2,510$4,090-$2,510
Advertising$1,727$305-$2,032
Total Functional Expenses$1,266,177$127,556$23,122$1,416,855

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,416,855
Total Expenses per Audited Statements$1,416,855
Total Expenses per Form 990$1,416,855
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Line 11B: Form 990 Review Process

“Reviewed internally by staff. Then reviewed by Audit Committee and presented to the Board for review.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Review of salaries for similar positions and educational levels are approved by the board.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Officers do not receive compensation. No employees earn more than $100,000.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
New College Foundation
EIN
20-8407010
Phone
2764034445
Address
134 EAST CHURCH STREET, MARTINSVILLE, VA 24114

Signing Officer

Name
Deborah Kaufman
Title
Executive Director
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
9

Preparer

Firm
Foti Flynn Lowen & Co PC
Address
PO Box 12765, Roanoke, VA 24028-2765
Preparer
Bradley J Davis CPA
Phone
5403449246
Raw XML AppendixShowing 400 of 538 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012693
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018158
IRS990/AccountsReceivableGrp/BOYAmt03125
IRS990/AccountsReceivableGrp/EOYAmt08113
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0305
IRS990/AdvertisingGrp/ProgramServicesAmt01727
IRS990/AdvertisingGrp/TotalAmt02032
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt048406
IRS990/AllOtherExpensesGrp/FundraisingAmt0110
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03274
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01152
IRS990/AllOtherExpensesGrp/TotalAmt04536
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum02764035606
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0134 EAST CHURCH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARTINSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024112
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01100599
IRS990/CashNonInterestBearingGrp/EOYAmt01074369
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt08274
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt020685
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt053781
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt082740
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt048406
IRS990/CYGrantsAndSimilarPaidAmt044546
IRS990/CYInvestmentIncomeAmt084062
IRS990/CYOtherExpensesAmt01142190
IRS990/CYOtherRevenueAmt0581403
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-702984
IRS990/CYSalariesCompEmpBnftPaidAmt0230119
IRS990/CYTotalExpensesAmt01416855
IRS990/CYTotalFundraisingExpenseAmt023122
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0713871
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt06300
IRS990/DeferredRevenueGrp/EOYAmt018425
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07163
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0709130
IRS990/DepreciationDepletionGrp/TotalAmt0716293
IRS990/Desc0NCF ENCOURAGED AND COORDINATED THE DEVELOPMENT AND DELIVERY OF DEGREE PROGRAMS AND OTHER CREDIT AND NON-CREDIT COURSES FOR THE PURPOSE OF SATISFYING STATEWIDE CRITICAL SHORTAGE AREAS AND INDUSTRY NEEDS. THIS WAS ACCOMPLISHED BY PROVIDING DIRECT AND INDIRECT SUPPORT TO NEW COLLEGE INSTITUTE AND TO THOSE STUDENTS ATTENDING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01266177
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029330
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012570
IRS990/FeesForServicesAccountingGrp/TotalAmt041900
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05789
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02481
IRS990/FeesForServicesOtherGrp/TotalAmt08270
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt104740
IRS990/Form990PartVIISectionAGrp/PersonNm0DARRELL JONES
IRS990/Form990PartVIISectionAGrp/PersonNm1SANDY STRAYER
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICE NEWNAM
IRS990/Form990PartVIISectionAGrp/PersonNm3SIMONE REDD
IRS990/Form990PartVIISectionAGrp/PersonNm4SUZANNE LACY
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JAMES ROUNDTREE
IRS990/Form990PartVIISectionAGrp/PersonNm6KIMBLE REYNOLDS JR
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK HEATH
IRS990/Form990PartVIISectionAGrp/PersonNm8LEANNA BLEVINS
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm10DEBORAH KAUFMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1078000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8EX-OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt013724
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt044546
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt044546
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt038003
IRS990/GrossReceiptsAmt0738150
IRS990/GrossRentsGrp/RealAmt0580644
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05948
IRS990/InsuranceGrp/ProgramServicesAmt023790
IRS990/InsuranceGrp/TotalAmt029738
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt070338
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070338
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03273907
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03456601
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04578527
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015497544
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014786450
IRS990/LandBldgEquipCostOrOtherBssAmt019364977
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt024279
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt019868335
IRS990/NetAssetsOrFundBalancesEOYAmt019308284
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt013724
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt013724
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0197644
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0383000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0580644
IRS990/NetUnrlzdGainsLossesInvstAmt0142933
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09752
IRS990/OccupancyGrp/ProgramServicesAmt03252
IRS990/OccupancyGrp/TotalAmt013004
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0685
IRS990/OfficeExpensesGrp/ProgramServicesAmt02742
IRS990/OfficeExpensesGrp/TotalAmt03427
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01096
IRS990/OtherAssetsTotalGrp/EOYAmt01096
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01248
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03246
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04994
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1TELEPHONE AND UTILITIES
IRS990/OtherExpensesGrp/Desc2Education & Outreach
IRS990/OtherExpensesGrp/Desc3Classroom Equipment
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03691
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14090
IRS990/OtherExpensesGrp/ProgramServicesAmt0180881
IRS990/OtherExpensesGrp/ProgramServicesAmt177710
IRS990/OtherExpensesGrp/ProgramServicesAmt254108
IRS990/OtherExpensesGrp/ProgramServicesAmt32510
IRS990/OtherExpensesGrp/TotalAmt0184572
IRS990/OtherExpensesGrp/TotalAmt181800
IRS990/OtherExpensesGrp/TotalAmt254108
IRS990/OtherExpensesGrp/TotalAmt32510
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0759
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0759
IRS990/OtherRevenueTotalAmt0759
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012441
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031109
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0124434
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01535
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03830
IRS990/PayrollTaxesGrp/ProgramServicesAmt09960
IRS990/PayrollTaxesGrp/TotalAmt015325
IRS990/PensionPlanContributionsGrp/FundraisingAmt0262
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0657
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01707
IRS990/PensionPlanContributionsGrp/TotalAmt02626
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0569320
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0574320
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt099
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018238
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0217002
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt052500
IRS990/PYInvestmentIncomeAmt044411
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01330840
IRS990/PYOtherRevenueAmt0582776
IRS990/PYRevenuesLessExpensesAmt0-770989
IRS990/PYSalariesCompEmpBnftPaidAmt0231838
IRS990/PYTotalExpensesAmt01615178
IRS990/PYTotalRevenueAmt0844189
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-702984
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0580644
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0383000
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0217002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01108319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01482648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02848085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05704460
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt041132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0219798
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0188447
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0577850
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01988915
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01220
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01220
IRS990ScheduleA/PublicSupportCY170Pct00.39340
IRS990ScheduleA/PublicSupportPY170Pct00.55110
IRS990ScheduleA/PublicSupportTotal170Amt02471954
IRS990ScheduleA/SubstantialContributorsTotAmt03232506
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0217002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01108319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01482648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02848085
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05704460
IRS990ScheduleA/TotalSupportAmt06283530
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.27000
IRS990ScheduleD/BuildingsGrp/BookValueAmt013191230
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01823411
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015014641
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01388302
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt08250
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01490281
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt044500

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,344,867
Liabilities
$36,583
Net assets
$19,308,284
Revenue
$713,871
Expenses
$1,416,855
Net income
-$702,984
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$16.1$0.00$16.1$1.20$0.30$0.90
2024Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.5$0.76$0.28$0.48
2023Detailed filing. Detailed filing data is available for this year.$13.0$0.04$13.0$0.67$0.32$0.35
2022Detailed filing. Detailed filing data is available for this year.$12.2$0.01$12.2$1.12$0.48$0.63
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$5.08$1.22$6.30
2020Detailed filing. Detailed filing data is available for this year.$18.5$0.08$18.4$0.67$1.30$0.63
2019Detailed filing. Detailed filing data is available for this year.$19.3$0.04$19.3$0.71$1.42$0.70
2018Detailed filing. Detailed filing data is available for this year.$19.9$0.02$19.9$0.84$1.62$0.77
2017Detailed filing. Detailed filing data is available for this year.$21.1$0.60$20.5$1.75$2.34$0.60
2016Detailed filing. Detailed filing data is available for this year.$21.7$0.80$20.9$2.11$2.80$0.69
2015Detailed filing. Detailed filing data is available for this year.$22.4$0.79$21.6$3.44$3.51$0.06
2014Detailed filing. Detailed filing data is available for this year.$23.0$1.35$21.6$9.35$1.98$7.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$0.74$14.1$2.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.00$2.56$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.09$2.25$1.12