Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
990 • Fiscal year 2013 • EIN 23-7092582
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
25th percentile
Higher top officer pay than 25% of similar nonprofits.
Top officer pay equals 4.3% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$5,141,826
No earlier filing loaded for comparison.
Net Assets
$5,103,130
No earlier filing loaded for comparison.
Liabilities
$38,696
No earlier filing loaded for comparison.
Revenue
$767,766
No earlier filing loaded for comparison.
Expenses
$460,881
No earlier filing loaded for comparison.
Net Income
$306,885
No earlier filing loaded for comparison.
The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $3,048,623 | $4,293,262 | ▲ $1,244,639 |
| Land, Buildings, and Equipment, Net | $708,765 | $685,605 | ▼ $23,160 |
| Savings and Temporary Cash Investments | $77,837 | $94,050 | ▲ $16,213 |
| Cash and Non-Interest-Bearing Accounts | $111,881 | $66,357 | ▼ $45,524 |
| Prepaid Expenses and Deferred Charges | $1,217 | $1,243 | ▲ $26 |
| Accounts Receivable | $5,000 | $1,200 | ▼ $3,800 |
| Total Assets | $4,606,022 | $5,141,826 | ▲ $535,804 |
| Other Assets Total | $652,699 | $109 | ▼ $652,590 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $8,338 | $38,696 | ▲ $30,358 |
| Total Liabilities | $8,338 | $38,696 | ▲ $30,358 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $2,505,613 | $2,563,920 | ▲ $58,307 |
| Unrestricted Net Assets | $1,446,178 | $1,511,518 | ▲ $65,340 |
| Temporarily Rstr Net Assets | $645,893 | $1,027,692 | ▲ $381,799 |
| Total Net Assets Fund Balance | $4,597,684 | $5,103,130 | ▲ $505,446 |
| Total Liabilities and Net Assets / Fund Balance | $4,606,022 | $5,141,826 | ▲ $535,804 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $685,605 | $104,221 | $789,826 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2013 | $2,505,613 | $59,500 | ▲ $27 | - | $2,563,920 |
| 2012 | $2,449,704 | $55,875 | ▲ $34 | - | $2,505,613 |
| 2011 | $563,286 | $1,883,289 | ▲ $3,129 | - | $2,449,704 |
| 2010 | $561,687 | $1,500 | ▲ $99 | - | $563,286 |
| 2009 | $510,243 | $51,250 | ▲ $194 | - | $561,687 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Kelly Rasmussen | Foundation Coordinator | FT | $32,892 | $32,892 |
| Name | Title |
|---|---|
| Jarrold Schaefer | President |
| Marci Wickham | Vice President |
| Alissa Harris | Board Member |
| Brenda Shelton | Board Member |
| Dr Kevin Lindell | Board Member |
| Esther Lingo | Board Member |
| James George | Board Member |
| Jerry Jones | Board Member |
| Lee Ann Samuels | Board Member |
| Ron Hays | Board Member |
| Mark Frasier | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $460,881 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $191,620 | $43,692 | - | $43,692 |
| Depreciation Depletion | - | $23,160 | - | $23,160 |
| Payments to Affiliates | $8,000 | - | - | $8,000 |
| Fees for Services Accounting | - | $7,075 | - | $7,075 |
| Insurance | - | $3,013 | - | $3,013 |
| Office Expenses | - | $1,992 | - | $1,992 |
| All Other Expenses | - | $1,221 | - | $1,221 |
| Occupancy | - | $1 | - | $1 |
| Total Functional Expenses | $380,727 | $80,154 | $0 | $460,881 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $460,881 |
| Total Expenses per Audited Statements | $460,881 |
| Total Expenses per Form 990 | $460,881 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $45,017 |
| Fundraising Direct Expenses | $25,237 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $54,431 | $36,736 | $7,500 | $29,236 |
| Event 2 | $25,631 | $8,281 | $9,251 | $-970 |
| Total Events | $80,062 | $45,017 | $16,751 | $28,266 |
| Liability | Amount |
|---|---|
| Federal income taxes | - |
“Governing documents are available upon request to the Foundation office.”
“Board members fill out a form stating that they have read the policy and that they dont have a conflict of interest or document the possible conflicts.”
“The Foundations accoutants present and explain the Form 990 prior to the Board members approving it.”
“The Foundation does not provide for income taxes as it is a tax-exempt non-profit organization under the Internal Revenue Code Section 501c3. The Foundation has adopted the provisions of FASB ASC 740-10-25, which requires that a tax position be recognized or derecognized based on a more likely than not threshold. This applies to positions taken or expected to be taken in a tax return. The Foundation does not believe its financial statements include any uncertain tax positions.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 8338 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 38696 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5000 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1200 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 260171 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1221 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1221 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Foundation Office |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9705423107 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 300 Main Street |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Fort Morgan |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 80701 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 111881 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 66357 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 35045 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 295216 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 414597 |
| IRS990/CYOtherExpensesAmt | 0 | 460881 |
| IRS990/CYOtherRevenueAmt | 0 | 57953 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 306885 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 460881 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 767766 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 23160 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 23160 |
| IRS990/Desc | 0 | Contributions to Morgan Community College |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 144418 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 7075 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7075 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 035.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Lee Ann Samuels |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | James George |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Ron Hays |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Jarrold Schaefer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Alissa Harris |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Esther Lingo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Brenda Shelton |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Mark Frasier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Jerry Jones |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Dr Kevin Lindell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Marci Wickham |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Kelly Rasmussen |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 32892 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Foundation Coordinator |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1970 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 35045 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 25237 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 45017 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 793003 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 38173 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3013 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3013 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 414597 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 414597 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3048623 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 4293262 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 104221 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 708765 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 685605 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 789826 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4597684 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5103130 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 19780 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 38173 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 198561 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1992 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1992 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 652699 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 109 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Contributions to MCC |
| IRS990/OtherExpensesGrp/Desc | 1 | Community Programs |
| IRS990/OtherExpensesGrp/Desc | 2 | Scholarships |
| IRS990/OtherExpensesGrp/Desc | 3 | Employee cost-sharing |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 43692 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 144418 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 36689 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 191620 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 144418 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 36689 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 191620 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 43692 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 8000 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 8000 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 2505613 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 2563920 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1217 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1243 |
| IRS990/PrincipalOfficerNm | 0 | Jim George |
| IRS990/ProfessionalFundraisingInd | 0 | true |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Provide scholarships to students |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 191620 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Funding of community programs through the college |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 44689 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 294274 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 160305 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 322451 |
| IRS990/PYOtherRevenueAmt | 0 | 51556 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 183684 |
| IRS990/PYTotalExpensesAmt | 0 | 322451 |
| IRS990/PYTotalRevenueAmt | 0 | 506135 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 306885 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 38173 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 77837 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 94050 |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 295216 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 294274 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1999285 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 404566 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 439668 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3433009 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 414957 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 160305 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 43116 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35922 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 29307 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 683607 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 57593 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51556 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57976 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 66195 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83058 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 316378 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.77440 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.85600 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 3433009 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 295216 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 294274 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1999285 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 404566 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 439668 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3433009 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 4432994 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.03000 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 685605 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 104221 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 789826 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 1220 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2505613 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 59500 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 2563920 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 27 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2449704 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 55875 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2505613 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 34 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 563286 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 1883289 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2449704 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 3129 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 561687 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 1500 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 563286 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 99 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 510243 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 51250 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 561687 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 194 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 460881 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 198561 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.97000 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 198561 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 767766 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Foundation does not provide for income taxes as it is a tax-exempt non-profit organization under the Internal Revenue Code Section 501c3. The Foundation has adopted the provisions of FASB ASC 740-10-25, which requires that a tax position be recognized or derecognized based on a more likely than not threshold. This applies to positions taken or expected to be taken in a tax return. The Foundation does not believe its financial statements include any uncertain tax positions. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | X 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 685605 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 460881 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 767766 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 966327 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 460881 |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 35045 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 17695 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt | 0 | 17350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 16751 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 54431 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 25631 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 80062 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 36736 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 8281 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 45017 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt | 0 | Gala |
| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt | 0 | Golf Tournament |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 28266 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 16751 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 7500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 9251 |
| IRS990ScheduleG/InPersonSolicitationsInd | 0 | X |
| IRS990ScheduleG/PhoneSolicitationsInd | 0 | X |
| IRS990ScheduleG/SolicitationOfNonGovtGrantsInd | 0 | X |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990/ScheduleJRequiredInd | 0 | false |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
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