Civic Intelligence

Mhc Academic Foundation

990 • Fiscal year 2020 • EIN 20-8407010

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

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

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.12x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

4th percentile

-94%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

19th percentile

$79,782

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

13th percentile

-4.2%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-6.4%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$18,524,191

Down $820,676 (-4.2%) from 2019

Net Assets

Down

$18,442,125

Down $866,159 (-4.5%) from 2019

Liabilities

Up

$82,066

Up $45,483 (+124%) from 2019

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin4th percentile

Revenue

Down

$668,271

Down $45,600 (-6.4%) from 2019

Expenses

Down

$1,297,082

Down $119,773 (-8.5%) from 2019

Net Income

Up

-$628,811

Up $74,173 (+11%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2020

Assets$18,524,191
Liabilities$82,066
Net Assets$18,442,125
Open 2020 Filing

Operations Trend

Revenue Growth32nd 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

2020

Revenue$668,271
Expenses$1,297,082
Net Income-$628,811
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.0
Gross Receipts
$668,271
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$14,786,450$14,166,715▼ $619,735
Investments in Publicly Traded Securities$3,456,601$3,294,456▼ $162,145
Cash and Non-Interest-Bearing Accounts$1,074,369$1,038,234▼ $36,135
Prepaid Expenses and Deferred Charges$18,238$18,774▲ $536
Accounts Receivable$8,113$4,916▼ $3,197
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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$19,344,867$18,524,191▼ $820,676
Other Assets Total$1,096$1,096→ $0
Liabilities
Accounts Payable and Accrued Expenses$18,158$68,029▲ $49,871
Other Liabilities-$7,555-
Deferred Revenue$18,425$6,482▼ $11,943
Total Liabilities$36,583$82,066▲ $45,483
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,459,977$16,878,713▼ $581,264
Net Assets With Donor Restrictions$1,848,307$1,563,412▼ $284,895
Total Net Assets Fund Balance$19,308,284$18,442,125▼ $866,159
Total Liabilities and Net Assets / Fund Balance$19,344,867$18,524,191▼ $820,676

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,811,858$2,202,783$15,014,641
Other Land Buildings$808,957$2,995,479$3,804,436
Land$545,900-$545,900

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,490,281$5,000▼ $241,342$405,351$831,588
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
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Deborah KauffmanFormer Exec DirectorFT$79,782$79,782

Board Members and Trustees

NameTitle
Simone ReddChairwoman
Patrice NewnamPast Chair
Dr James RoundtreeVice Chair
Kevin DekoninckExecutive Director
Brad DraperTrustee
Kimble Reynolds JrTrustee
Darrell JonesSecretary
Beth DeatherageTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,734
Program Service Revenue
$0
Investment Income
$75,262
Other Revenue
$566,275
All Other Contributions
$26,734
Change in Net Assets
$-628,811

Audited Revenue Reconciliation

Revenue per Audited Statements
$668,271
Revenue Not Reported on Form 990
$-5,675,845
Total Revenue per Audited Statements
$-5,007,574
Total Revenue per Form 990
$668,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,113,662
Salaries, Compensation, and Employee Benefits$166,320
Grants and Similar Amounts Paid$17,100
Total Fundraising Expense$8,486
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$613,539$6,197-$619,736
Fees for Services Legal$24,625$57,458-$82,083
Current Officers, Directors, Trustees, and Key Employees$24,080$52,174$4,013$80,267
Other Salaries and Wages$19,427$42,091$3,238$64,756
Fees for Services Accounting$12,570$29,330-$41,900
Insurance$18,899$10,176-$29,075
Grants to Domestic Individuals$17,100--$17,100
Occupancy$3,567$10,698-$14,265
Payroll Taxes$3,794$8,222$632$12,648
Other Employee Benefits$1,545$3,348$257$5,150
Office Expenses$3,614$903-$4,517
All Other Expenses$969$3,080-$4,049
Pension Plan Contributions$1,050$2,274$175$3,499
Other Expenses$856$2,393$171$3,420
Fees for Services Other$609$1,421-$2,030
Advertising$279--$279
Total Functional Expenses$1,054,939$233,657$8,486$1,297,082

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,297,082
Total Expenses per Audited Statements$1,297,082
Total Expenses per Form 990$1,297,082
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Deborah KauffmanFormer EdServicesNo$1,313

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payable$7,555
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 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Kevin Dekoninck
Title
Executive Director
Signed
2021-01-13
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
10

Preparer

Firm
Foti Flynn Lowen & Co PC
Address
PO Box 12765, Roanoke, VA 24028
Preparer
Bradley J Davis CPA
Phone
5403449246
Raw XML AppendixShowing 400 of 523 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/BOYAmt018158
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068029
IRS990/AccountsReceivableGrp/BOYAmt08113
IRS990/AccountsReceivableGrp/EOYAmt04916
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/ProgramServicesAmt0279
IRS990/AdvertisingGrp/TotalAmt0279
IRS990/AllOtherContributionsAmt026734
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03080
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0969
IRS990/AllOtherExpensesGrp/TotalAmt04049
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/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt01074369
IRS990/CashNonInterestBearingGrp/EOYAmt01038234
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04013
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt052174
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt024080
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080267
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt026734
IRS990/CYGrantsAndSimilarPaidAmt017100
IRS990/CYInvestmentIncomeAmt075262
IRS990/CYOtherExpensesAmt01113662
IRS990/CYOtherRevenueAmt0566275
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-628811
IRS990/CYSalariesCompEmpBnftPaidAmt0166320
IRS990/CYTotalExpensesAmt01297082
IRS990/CYTotalFundraisingExpenseAmt08486
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0668271
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt018425
IRS990/DeferredRevenueGrp/EOYAmt06482
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06197
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0613539
IRS990/DepreciationDepletionGrp/TotalAmt0619736
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/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01848307
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01563412
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01054939
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029330
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012570
IRS990/FeesForServicesAccountingGrp/TotalAmt041900
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt057458
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt024625
IRS990/FeesForServicesLegalGrp/TotalAmt082083
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01421
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0609
IRS990/FeesForServicesOtherGrp/TotalAmt02030
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/AverageHoursPerWeekRt040.00
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/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/PersonNm0DEBORAH KAUFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1DARRELL JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2BETH DEATHERAGE
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICE NEWNAM
IRS990/Form990PartVIISectionAGrp/PersonNm4SIMONE REDD
IRS990/Form990PartVIISectionAGrp/PersonNm5BRAD DRAPER
IRS990/Form990PartVIISectionAGrp/PersonNm6DR JAMES ROUNDTREE
IRS990/Form990PartVIISectionAGrp/PersonNm7KIMBLE REYNOLDS JR
IRS990/Form990PartVIISectionAGrp/PersonNm8KEVIN DEKONINCK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt079782
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/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/TitleTxt0FORMER EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt017100
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt017100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0668271
IRS990/GrossRentsGrp/RealAmt0565642
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt010176
IRS990/InsuranceGrp/ProgramServicesAmt018899
IRS990/InsuranceGrp/TotalAmt029075
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt075262
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075262
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03456601
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03294456
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05198262
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014786450
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014166715
IRS990/LandBldgEquipCostOrOtherBssAmt019364977
IRS990/LegalDomicileStateCd0VA
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/NetAssetsOrFundBalancesBOYAmt019308284
IRS990/NetAssetsOrFundBalancesEOYAmt018442125
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0182642
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0383000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0565642
IRS990/NetUnrlzdGainsLossesInvstAmt0-237348
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt017459977
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016878713
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010698
IRS990/OccupancyGrp/ProgramServicesAmt03567
IRS990/OccupancyGrp/TotalAmt014265
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0903
IRS990/OfficeExpensesGrp/ProgramServicesAmt03614
IRS990/OfficeExpensesGrp/TotalAmt04517
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01096
IRS990/OtherAssetsTotalGrp/EOYAmt01096
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0257
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03348
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01545
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05150
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1TELEPHONE AND UTILITIES
IRS990/OtherExpensesGrp/Desc2Education & Outreach
IRS990/OtherExpensesGrp/Desc3Admin Services
IRS990/OtherExpensesGrp/FundraisingAmt0171
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03892
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12393
IRS990/OtherExpensesGrp/ProgramServicesAmt0221189
IRS990/OtherExpensesGrp/ProgramServicesAmt173947
IRS990/OtherExpensesGrp/ProgramServicesAmt213280
IRS990/OtherExpensesGrp/ProgramServicesAmt3856
IRS990/OtherExpensesGrp/TotalAmt0221189
IRS990/OtherExpensesGrp/TotalAmt177839
IRS990/OtherExpensesGrp/TotalAmt213280
IRS990/OtherExpensesGrp/TotalAmt33420
IRS990/OtherLiabilitiesGrp/EOYAmt07555
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0633
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0633
IRS990/OtherRevenueTotalAmt0633
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03238
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042091
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019427
IRS990/OtherSalariesAndWagesGrp/TotalAmt064756
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0632
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08222
IRS990/PayrollTaxesGrp/ProgramServicesAmt03794
IRS990/PayrollTaxesGrp/TotalAmt012648
IRS990/PensionPlanContributionsGrp/FundraisingAmt0175
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02274
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01050
IRS990/PensionPlanContributionsGrp/TotalAmt03499
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018774
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048406
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt044546
IRS990/PYInvestmentIncomeAmt084062
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01142190
IRS990/PYOtherRevenueAmt0581403
IRS990/PYRevenuesLessExpensesAmt0-702984
IRS990/PYSalariesCompEmpBnftPaidAmt0230119
IRS990/PYTotalExpensesAmt01416855
IRS990/PYTotalRevenueAmt0713871
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-628811
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0565642
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0383000
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt026734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0217002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01108319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01482648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02883109
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt075262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt084062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0219798
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0464665
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01964915
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.38320
IRS990ScheduleA/PublicSupportPY170Pct00.39340
IRS990ScheduleA/PublicSupportTotal170Amt01282904
IRS990ScheduleA/SubstantialContributorsTotAmt01600205
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt026734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0217002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01108319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01482648
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02883109
IRS990ScheduleA/TotalSupportAmt03347774
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt012811858
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02202783
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015014641
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01490281
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0831588
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt017000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-241342
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0405351
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01388302
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt08250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01490281
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt044500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0138229
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01253198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt060881
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01388302
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt043500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0117723
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011149
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01097976
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt09748
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01253198
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04148
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0160771
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01085809

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,524,191
Liabilities
$82,066
Net assets
$18,442,125
Revenue
$668,271
Expenses
$1,297,082
Net income
-$628,811
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