Civic Intelligence

Merced College Foundation

990 • Fiscal year 2019 • EIN 23-7385578

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 16, 2020

3600 M StreetMerced, CA 95348

(209) 384-6000

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.05x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

9th percentile

-31%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

85th percentile

$262,227

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

40th percentile

0.7%

Faster asset growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-35%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,681,067

Up $50,810 (+0.7%) from 2018

Net Assets

Up

$7,636,868

Up $32,275 (+0.4%) from 2018

Liabilities

Up

$44,199

Up $18,535 (+72%) from 2018

Revenue

Down

$930,426

Down $506,158 (-35%) from 2018

Expenses

Up

$1,215,323

Up $437,188 (+56%) from 2018

Net Income

Down

-$284,897

Down $943,346 (-143%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,133,479Liabilities 2010: $37,706Net Assets 2010: $5,095,7732010Assets 2011: $5,477,613Liabilities 2011: $31,417Net Assets 2011: $5,446,1962011Assets 2012: $6,140,477Liabilities 2012: $63,688Net Assets 2012: $6,076,7892012Assets 2013: $6,378,987Liabilities 2013: $53,664Net Assets 2013: $6,325,3232013Assets 2014: $6,838,633Liabilities 2014: $50,077Net Assets 2014: $6,788,5562014Assets 2015: $6,568,734Liabilities 2015: $16,666Net Assets 2015: $6,552,0682015Assets 2016: $6,734,843Liabilities 2016: $22,881Net Assets 2016: $6,711,9622016Assets 2017: $7,092,176Liabilities 2017: $33,414Net Assets 2017: $7,058,7622017Assets 2018: $7,630,257Liabilities 2018: $25,664Net Assets 2018: $7,604,5932018Assets 2019: $7,681,067Liabilities 2019: $44,199Net Assets 2019: $7,636,8682019Assets 2020: $7,784,690Liabilities 2020: $7,968Net Assets 2020: $7,776,7222020Assets 2021: $9,973,716Liabilities 2021: $5,930Net Assets 2021: $9,967,7862021Assets 2022: $10,166,595Liabilities 2022: $81,672Net Assets 2022: $10,084,9232022Assets 2023: $10,400,266Liabilities 2023: $641,664Net Assets 2023: $9,758,6022023Assets 2024: $10,924,430Liabilities 2024: $388,174Net Assets 2024: $10,536,2562024

Highlighted filing

2019

Assets$7,681,067
Liabilities$44,199
Net Assets$7,636,868

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,221,0222010Expenses 2011: $1,642,8302011Expenses 2012: $1,259,5332012Expenses 2013: $596,4592013Revenue 2014: $904,578Expenses 2014: $802,623Net Income 2014: $101,9552014Revenue 2015: $816,885Expenses 2015: $751,198Net Income 2015: $65,6872015Revenue 2016: $942,034Expenses 2016: $830,051Net Income 2016: $111,9832016Revenue 2017: $937,297Expenses 2017: $827,855Net Income 2017: $109,4422017Revenue 2018: $1,436,584Expenses 2018: $778,135Net Income 2018: $658,4492018Revenue 2019: $930,426Expenses 2019: $1,215,323Net Income 2019: -$284,8972019Revenue 2020: $852,649Expenses 2020: $781,682Net Income 2020: $70,9672020Revenue 2021: $2,215,137Expenses 2021: $668,388Net Income 2021: $1,546,7492021Revenue 2022: $2,621,954Expenses 2022: $1,289,279Net Income 2022: $1,332,6752022Revenue 2023: $1,586,034Expenses 2023: $1,912,355Net Income 2023: -$326,3212023Revenue 2024: $2,611,215Expenses 2024: $1,833,561Net Income 2024: $777,6542024

Highlighted filing

2019

Revenue$930,426
Expenses$1,215,323
Net Income-$284,897
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 16, 2020
Return Version
2018v3.1
Gross Receipts
$2,774,898
Mission and Program Overview

Mission

To assist and promote the educational services of merced community college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,516,874$5,163,052▼ $353,822
Cash and Non-Interest-Bearing Accounts$1,115,570$1,486,138▲ $370,568
Pledges and Grants Receivable$835,359$873,786▲ $38,427
Savings and Temporary Cash Investments$126,466$126,719▲ $253
Accounts Receivable$5,956$0▼ $5,956
Total Assets$7,630,257$7,681,067▲ $50,810
Other Assets Total$30,032$31,372▲ $1,340
Liabilities
Accounts Payable and Accrued Expenses$25,664$44,199▲ $18,535
Total Liabilities$25,664$44,199▲ $18,535
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,106,025$4,409,253▲ $303,228
Permanently Rstr Net Assets$2,867,727$2,949,232▲ $81,505
Unrestricted Net Assets$630,841$278,383▼ $352,458
Total Net Assets Fund Balance$7,604,593$7,636,868▲ $32,275
Total Liabilities and Net Assets / Fund Balance$7,630,257$7,681,067▲ $50,810

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,539--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,934,359$85,435▲ $254,307$271,298$3,930,057
2017$3,763,570$242,910▲ $206,243-$3,934,359
2016$3,433,691$279,422▲ $339,046-$3,763,570
2015$3,267,469$242,383▲ $199,962-$3,433,691
2014$3,168,577$321,636▲ $55,406-$3,267,469
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Andre UrquidezTreasurerPT$143,724$143,724
Jill CunninghamExecutive DirectorFT$142,842$142,842
Cary YanagiDirector-$129,266$129,266
Steven WelchDirector-$67,257$67,257
Dennis JordanDirector-$22,827$22,827
John PedrozoDirector-$200$200

Board Members and Trustees

NameTitle
Joe DoylandPresident
Bob MclaughlinDirector
Bud WallaceDirector
Chris VitelliDirector
Grey RobertsDirector
Nanette VillegasDirector
Rick OsorioDirector
Steve HobbsDirector
Vinton ThengvallDirector-finance
Shannon PiccianoSecretary
Mary RobinsonVP
Revenue and Support

Revenue Composition

Contributions and Grants
$689,647
Program Service Revenue
$0
Investment Income
$240,779
Other Revenue
$0
All Other Contributions
$689,647
Change in Net Assets
$-284,897

Audited Revenue Reconciliation

Revenue per Audited Statements
$876,584
Revenue Not Reported on Financial Statements
$53,842
Revenue Not Reported on Form 990
$496,053
Total Revenue per Audited Statements
$1,372,637
Total Revenue per Form 990
$930,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$965,873
Grants and Similar Amounts Paid$249,450
Total Fundraising Expense$30
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$249,450--$249,450
Fees for Service Investment Mgmnt Fees-$53,842-$53,842
Advertising$21,414$3,218-$24,632
Conferences and Meetings$1,077$10,908-$11,985
Fees for Services Accounting-$2,925-$2,925
Insurance-$2,582-$2,582
Office Expenses$764$307-$1,071
Fees for Services Other-$150-$150
Other Expenses$573$3,041$30$30
Total Functional Expenses$1,113,145$102,148$30$1,215,323

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,340,362
Total Expenses per Form 990$1,215,323
Expenses per Audited Statements$1,161,481
Expenses Not Reported on Form 990$178,881
Expenses Not Reported on Financial Statements$53,842
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The foundation director will forward via email the completed 990 to the board.

Form 990, Part VI, Section C, Line 19

Financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Merced College Foundation
EIN
23-7385578
Phone
2093846000
Address
3600 M STREET, MERCED, CA 95348

Signing Officer

Name
Andre Urquidez
Title
Treasurer
Phone
2093846000
Signed
2020-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Cunningham
Formed
1974
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
10
Employees
0
Volunteers
17

Preparer

Firm
Gilbert Cpas
Address
2880 GATEWAY OAKS DR STE 100, SACRAMENTO, CA 95833
Preparer
Amanda Williams
Phone
9166466464
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization maintained $3,930,057 as of june 30, 2019 for endowments attributed to student scholarships. The foundation participates in the california community college scholarship endowment (cccs endowment), whose oversight is provided by the foundation for california community colleges (fccc). Assets held in the cccs endowment are irrevocably designated for the benefit of the organization for scholarships for students of merced community college.

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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01844472
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST AND PROMOTE THE EDUCATIONAL SERVICES OF MERCED COMMUNITY COLLEGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07604593
IRS990/NetAssetsOrFundBalancesEOYAmt07636868
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt064416
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt064416
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0317172
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0307
IRS990/OfficeExpensesGrp/ProgramServicesAmt0764
IRS990/OfficeExpensesGrp/TotalAmt01071
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030032
IRS990/OtherAssetsTotalGrp/EOYAmt031372
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE FUNDRAIS
IRS990/OtherExpensesGrp/FundraisingAmt030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13041
IRS990/OtherExpensesGrp/ProgramServicesAmt0839867
IRS990/OtherExpensesGrp/ProgramServicesAmt1573
IRS990/OtherExpensesGrp/TotalAmt0865042
IRS990/OtherExpensesGrp/TotalAmt13041
IRS990/OtherExpensesGrp/TotalAmt2573
IRS990/OtherExpensesGrp/TotalAmt330
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02867727
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02949232
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0835359
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0873786
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JILL CUNNINGHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0AWARDED SCHOLARSHIPS AND AWARDS THAT ASSISTED STUDENTS WITH THEIR EDUCATIONAL EXPENSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0249450
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0249450
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01063557
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0278364
IRS990/PYInvestmentIncomeAmt0373027
IRS990/PYOtherExpensesAmt0499771
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0658449
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0778135
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01436584
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-284897
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0126466
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126719
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0689647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01063557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0785613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0720071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0761479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04020367
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0176363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0155823
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0145546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt070052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt055406
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0603190
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0351
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0351
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86950
IRS990ScheduleA/PublicSupportPY170Pct00.86880
IRS990ScheduleA/PublicSupportTotal170Amt04020367
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0689647
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01063557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0785613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0720071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0761479
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04020367
IRS990ScheduleA/TotalSupportAmt04623908
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03934359
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt085435
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03930057
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt072746
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0254307
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0271298
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03763570
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0242910
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03934359
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0278364
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0206243
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03433691
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0279422
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03763570
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0288589
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0339046
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03267469
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0242383
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03433691
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0276123
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0199962
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03168577
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0321636
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03267469
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0278150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055406
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0178881
IRS990ScheduleD/DonatedServicesUseFcltsAmt0178881
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0178881
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt053842
IRS990ScheduleD/ExpensesSubtotalAmt01161481
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt053842
IRS990ScheduleD/InvestmentExpensesNotIncldAmt053842
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0317172
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05158513
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14539
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ENDOWMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0496053
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt053842
IRS990ScheduleD/RevenueSubtotalAmt0876584
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINED $3,930,057 AS OF JUNE 30, 2019 FOR ENDOWMENTS ATTRIBUTED TO STUDENT SCHOLARSHIPS. THE FOUNDATION PARTICIPATES IN THE CALIFORNIA COMMUNITY COLLEGE SCHOLARSHIP ENDOWMENT (CCCS ENDOWMENT), WHOSE OVERSIGHT IS PROVIDED BY THE FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES (FCCC). ASSETS HELD IN THE CCCS ENDOWMENT ARE IRREVOCABLY DESIGNATED FOR THE BENEFIT OF THE ORGANIZATION FOR SCHOLARSHIPS FOR STUDENTS OF MERCED COMMUNITY COLLEGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt05163052
IRS990ScheduleD/TotalExpensesPerForm990Amt01215323
IRS990ScheduleD/TotalRevenuePerForm990Amt0930426

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.9$0.39$10.5$2.61$1.83$0.78
2023Detailed filing. Detailed filing data is available for this year.$10.4$0.64$9.76$1.59$1.91$0.33
2022Detailed filing. Detailed filing data is available for this year.$10.2$0.08$10.1$2.62$1.29$1.33
2021Detailed filing. Detailed filing data is available for this year.$9.97$0.01$9.97$2.22$0.67$1.55
2020Detailed filing. Detailed filing data is available for this year.$7.78$0.01$7.78$0.85$0.78$0.07
2019Detailed filing. Detailed filing data is available for this year.$7.68$0.04$7.64$0.93$1.22$0.28
2018Detailed filing. Detailed filing data is available for this year.$7.63$0.03$7.60$1.44$0.78$0.66
2017Detailed filing. Detailed filing data is available for this year.$7.09$0.03$7.06$0.94$0.83$0.11
2016Detailed filing. Detailed filing data is available for this year.$6.73$0.02$6.71$0.94$0.83$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.57$0.02$6.55$0.82$0.75$0.07
2014Detailed filing. Detailed filing data is available for this year.$6.84$0.05$6.79$0.90$0.80$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.38$0.05$6.33$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$0.06$6.08$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.48$0.03$5.45$1.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.04$5.10$1.22