Civic Intelligence

Morgan Community College Foundation

990 • Fiscal year 2014 • EIN 23-7092582

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 27, 2015

300 Main StreetFort Morgan, CO 80701

(970) 542-3106

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

6th percentile

0.00x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

59th percentile

5.4%

Faster asset growth than 59% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-9.6%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,418,175

Up $276,349 (+5.4%) from 2013

Net Assets

Up

$5,418,175

Up $315,045 (+6.2%) from 2013

Liabilities

Down

$0

Down $38,696 (-100%) from 2013

Revenue

Down

$693,921

Down $73,845 (-9.6%) from 2013

Expenses

Down

$401,825

Down $59,056 (-13%) from 2013

Net Income

Down

$292,096

Down $14,789 (-4.8%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $5,141,826Liabilities 2013: $38,696Net Assets 2013: $5,103,1302013Assets 2014: $5,418,175Liabilities 2014: $0Net Assets 2014: $5,418,1752014Assets 2015: $5,172,403Liabilities 2015: $35,061Net Assets 2015: $5,137,3422015Assets 2016: $5,366,782Liabilities 2016: $30,708Net Assets 2016: $5,336,0742016Assets 2017: $6,222,829Liabilities 2017: $43,059Net Assets 2017: $6,179,7702017Assets 2018: $7,040,647Liabilities 2018: $319,825Net Assets 2018: $6,720,8222018Assets 2019: $8,936,327Liabilities 2019: $271,293Net Assets 2019: $8,665,0342019Assets 2020: $9,672,402Liabilities 2020: $280,260Net Assets 2020: $9,392,1422020Assets 2021: $10,642,120Liabilities 2021: $154,848Net Assets 2021: $10,487,2722021Assets 2022: $9,505,474Liabilities 2022: $102,184Net Assets 2022: $9,403,2902022Assets 2023: $13,346,112Liabilities 2023: $79,900Net Assets 2023: $13,266,2122023Assets 2024: $13,376,138Liabilities 2024: $119,855Net Assets 2024: $13,256,2832024

Highlighted filing

2014

Assets$5,418,175
Liabilities$0
Net Assets$5,418,175

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $767,766Expenses 2013: $460,881Net Income 2013: $306,8852013Revenue 2014: $693,921Expenses 2014: $401,825Net Income 2014: $292,0962014Revenue 2015: $344,937Expenses 2015: $571,961Net Income 2015: -$227,0242015Revenue 2016: $479,300Expenses 2016: $446,380Net Income 2016: $32,9202016Revenue 2017: $842,339Expenses 2017: $563,226Net Income 2017: $279,1132017Revenue 2018: $1,823,497Expenses 2018: $683,733Net Income 2018: $1,139,7642018Revenue 2019: $1,884,543Expenses 2019: $895,833Net Income 2019: $988,7102019Revenue 2020: $1,098,502Expenses 2020: $1,189,550Net Income 2020: -$91,0482020Revenue 2021: $1,725,250Expenses 2021: $1,234,538Net Income 2021: $490,7122021Revenue 2022: $1,654,850Expenses 2022: $1,016,412Net Income 2022: $638,4382022Revenue 2023: $3,510,737Expenses 2023: $636,432Net Income 2023: $2,874,3052023Revenue 2024: $2,895,015Expenses 2024: $3,409,127Net Income 2024: -$514,1122024

Highlighted filing

2014

Revenue$693,921
Expenses$401,825
Net Income$292,096
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 27, 2015
Return Version
2014v5.0
Gross Receipts
$710,458
Mission and Program Overview

Mission

The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,293,262$4,601,961▲ $308,699
Land, Buildings, and Equipment, Net$685,605$662,445▼ $23,160
Savings and Temporary Cash Investments$94,050$94,219▲ $169
Cash and Non-Interest-Bearing Accounts$66,357$26,845▼ $39,512
Accounts Receivable$1,200$20,830▲ $19,630
Pledges and Grants Receivable-$10,000-
Prepaid Expenses and Deferred Charges$1,243$1,336▲ $93
Total Assets$5,141,826$5,418,175▲ $276,349
Other Assets Total$109$539▲ $430
Liabilities
Accounts Payable and Accrued Expenses$38,696--
Total Liabilities$38,696$0▼ $38,696
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,563,920$2,662,312▲ $98,392
Unrestricted Net Assets$1,511,518$1,567,658▲ $56,140
Temporarily Rstr Net Assets$1,027,692$1,188,205▲ $160,513
Total Net Assets Fund Balance$5,103,130$5,418,175▲ $315,045
Total Liabilities and Net Assets / Fund Balance$5,141,826$5,418,175▲ $276,349

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$662,445$127,381$789,826

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,563,920$98,365▲ $27-$2,662,312
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alissa HarrisPresident
Ron HaysVice President
Brenda SheltonBoard Member
Dr Kerry HartBoard Member
Dr Robert ThielBoard Member
Esther LingoBoard Member
Jarrold SchaeferBoard Member
Karen RebolBoard Member
Lee Ann SamuelsBoard Member
Robert ChapinBoard Member
Kelly RasmussenFoundation Coordinator
James GeorgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$374,240
Program Service Revenue
$0
Investment Income
$261,245
Other Revenue
$58,436
All Other Contributions
$354,695
Change in Net Assets
$292,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$693,921
Revenue Not Reported on Form 990
$22,949
Total Revenue per Audited Statements
$716,870
Total Revenue per Form 990
$693,921
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,136
Professional Fundraising Fees$2,689
Total Fundraising Expense$2,689
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$23,160-$23,160
Other Expenses$116,842$20,053-$20,053
Fees for Services Accounting-$6,750-$6,750
Office Expenses-$3,745-$3,745
Insurance-$3,314-$3,314
Fees for Services Professional Fundraising--$2,689$2,689
All Other Expenses-$1,283-$1,283
Occupancy-$1-$1
Total Functional Expenses$340,830$58,306$2,689$401,825

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$401,825
Total Expenses per Audited Statements$401,825
Total Expenses per Form 990$401,825
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,162
Fundraising Direct Expenses$16,537
Professional Fundraising Fees$2,689

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$43,232$23,687$8,301$15,386
Annual Golf Tournament$19,475$19,475$8,236$11,239
Total Events$62,707$43,162$16,537$26,625
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part IV, Section C, Line 19

Governing documents are available upon request from the Foundation office.

Filing and Contact Details

Filer

Filer Name
Morgan Community College Foundation
EIN
23-7092582
Phone
9705423106
Address
300 MAIN STREET, FORT MORGAN, CO 80701

Signing Officer

Name
Jim George
Title
Treasurer
Signed
2015-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim George
Formed
1970
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
16

Preparer

Firm
Liittjohann Kauffman and Pederson CPAs
Address
420 East Platte Avenue Suite A, Fort Morgan, CO 80701
Preparer
David Kauffman
Phone
9708674922
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 11

The Foundations accountants present and explain the Form 990 to the Board members prior to approval and filing.

Form 990, Part IV, Section B, Line 12

Board members fill out a form stating that they have read the policy and that they do not beleive they have a conflict of interest with the Foundation. If they do beleive there is a conflict of interest it is documented and determined whether the board member can contiue to serve on the Foundation Board.

Financial Statement Notes

X 2

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 providions of FASB ASC 740-10-25, which requires that a tax position be recognized or derocognized 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 included any uncertain tax positions.

Raw XML AppendixShowing 400 of 487 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/BOYAmt038696
IRS990/AccountsReceivableGrp/BOYAmt01200
IRS990/AccountsReceivableGrp/EOYAmt020830
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The 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/TotalAmt00
IRS990/AllOtherContributionsAmt0354695
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01283
IRS990/AllOtherExpensesGrp/TotalAmt01283
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Foundation Office
IRS990/BooksInCareOfDetail/PhoneNum09705423107
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fort Morgan
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt066357
IRS990/CashNonInterestBearingGrp/EOYAmt026845
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt019545
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0374240
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0261245
IRS990/CYOtherExpensesAmt0399136
IRS990/CYOtherRevenueAmt058436
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0292096
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0401825
IRS990/CYTotalFundraisingExpenseAmt02689
IRS990/CYTotalProfFndrsngExpnsAmt02689
IRS990/CYTotalRevenueAmt0693921
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt023160
IRS990/DepreciationDepletionGrp/TotalAmt023160
IRS990/Desc0Contributions to Morgan Community College
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0182464
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06750
IRS990/FeesForServicesAccountingGrp/TotalAmt06750
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/FundraisingAmt02689
IRS990/FeesForServicesProfFundraising/TotalAmt02689
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1003.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4003.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11035.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Lee Ann Samuels
IRS990/Form990PartVIISectionAGrp/PersonNm1James George
IRS990/Form990PartVIISectionAGrp/PersonNm2Ron Hays
IRS990/Form990PartVIISectionAGrp/PersonNm3Jarrold Schaefer
IRS990/Form990PartVIISectionAGrp/PersonNm4Alissa Harris
IRS990/Form990PartVIISectionAGrp/PersonNm5Esther Lingo
IRS990/Form990PartVIISectionAGrp/PersonNm6Brenda Shelton
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Chapin
IRS990/Form990PartVIISectionAGrp/PersonNm8Karen Rebol
IRS990/Form990PartVIISectionAGrp/PersonNm9Dr Robert Thiel
IRS990/Form990PartVIISectionAGrp/PersonNm10Dr Kerry Hart
IRS990/Form990PartVIISectionAGrp/PersonNm11Kelly Rasmussen
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Foundation Coordinator
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt019545
IRS990/FundraisingDirectExpensesAmt016537
IRS990/FundraisingGrossIncomeAmt043162
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0710458
IRS990/GrossRentsGrp/RealAmt031811
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03314
IRS990/InsuranceGrp/TotalAmt03314
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0261245
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0261245
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04293262
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04601961
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0127381
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0685605
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0662445
IRS990/LandBldgEquipCostOrOtherBssAmt0789826
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05103130
IRS990/NetAssetsOrFundBalancesEOYAmt05418175
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt026625
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt026625
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt031811
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt031811
IRS990/NetUnrlzdGainsLossesInvstAmt022949
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01
IRS990/OccupancyGrp/TotalAmt01
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03745
IRS990/OfficeExpensesGrp/TotalAmt03745
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0109
IRS990/OtherAssetsTotalGrp/EOYAmt0539
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Contributions to MCC
IRS990/OtherExpensesGrp/Desc1Community Programs
IRS990/OtherExpensesGrp/Desc2Scholarships
IRS990/OtherExpensesGrp/Desc3Employee cost-sharing
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020053
IRS990/OtherExpensesGrp/ProgramServicesAmt0182464
IRS990/OtherExpensesGrp/ProgramServicesAmt141524
IRS990/OtherExpensesGrp/ProgramServicesAmt2116842
IRS990/OtherExpensesGrp/TotalAmt0182464
IRS990/OtherExpensesGrp/TotalAmt141524
IRS990/OtherExpensesGrp/TotalAmt2116842
IRS990/OtherExpensesGrp/TotalAmt320053
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02563920
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02662312
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01243
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01336
IRS990/PrincipalOfficerNm0Jim George
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide scholarships to students
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0116842
IRS990/ProgSrvcAccomActy3Grp/Desc0Funding of community programs through the college
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041524
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0295216
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0414597
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0460881
IRS990/PYOtherRevenueAmt057953
IRS990/PYRevenuesLessExpensesAmt0306885
IRS990/PYTotalExpensesAmt0460881
IRS990/PYTotalRevenueAmt0767766
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0292096
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt031811
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt094050
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094219
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0374240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0295216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0294274
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01999285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0404566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03367581
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0261245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0414957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0160305
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt043116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035922
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0915545
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt058436
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt057593
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt051556
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt057976
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt066195
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0291756
IRS990ScheduleA/PublicSupportCY170Pct00.73610
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.77440
IRS990ScheduleA/PublicSupportTotal170Amt03367581
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0374240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0295216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0294274
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01999285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0404566
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03367581
IRS990ScheduleA/TotalSupportAmt04574882
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/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0662445
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0127381
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0789826
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02563920
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt098365
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02662312
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt027
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01220
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02505613
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt059500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02563920
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02449704
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt055875
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02505613
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt034
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0563286
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01883289
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02449704
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03129
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0561687
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0563286
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt099
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0401825
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/NetUnrealizedGainsInvstAmt022949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt022949
IRS990ScheduleD/RevenueSubtotalAmt0693921
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The 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 providions of FASB ASC 740-10-25, which requires that a tax position be recognized or derocognized 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 included any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0662445
IRS990ScheduleD/TotalExpensesPerForm990Amt0401825
IRS990ScheduleD/TotalRevenuePerForm990Amt0693921
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0716870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0401825
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt019545
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt019545
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016537
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Annual Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt019475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062707
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023687
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt019475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt043162
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026625
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016537
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08301
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08236
IRS990ScheduleG/InPersonSolicitationsInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings