Civic Intelligence

Black Hawk College Foundation

990 • Fiscal year 2019 • EIN 36-3240562

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 25, 2019

6600 34th AvenueMoline, IL 61265

(309) 796-5052

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

17th percentile

0.03x

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

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

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

27th percentile

$63,691

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

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

Asset Growth

87th percentile

27%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

20th percentile

-12%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Up

$5,188,490

Up $1,092,500 (+27%) from 2018

Net Assets

Up

$5,158,863

Up $1,093,513 (+27%) from 2018

Liabilities

Down

$29,627

Down $1,013 (-3.3%) from 2018

Revenue

Down

$1,156,494

Down $150,301 (-12%) from 2018

Expenses

Up

$217,088

Up $22,357 (+11%) from 2018

Net Income

Down

$939,406

Down $172,658 (-16%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $2,225,187Liabilities 2011: $35,711Net Assets 2011: $2,189,4762011Assets 2012: $2,454,406Liabilities 2012: $5,847Net Assets 2012: $2,448,5592012Assets 2013: $2,797,583Liabilities 2013: $12,212Net Assets 2013: $2,785,3712013Assets 2014: $3,203,847Liabilities 2014: $11,261Net Assets 2014: $3,192,5862014Assets 2015: $3,247,939Liabilities 2015: $3,837Net Assets 2015: $3,244,1022015Assets 2016: $3,423,065Liabilities 2016: $25,135Net Assets 2016: $3,397,9302016Assets 2017: $3,729,727Liabilities 2017: $26,112Net Assets 2017: $3,703,6152017Assets 2018: $4,095,990Liabilities 2018: $30,640Net Assets 2018: $4,065,3502018Assets 2019: $5,188,490Liabilities 2019: $29,627Net Assets 2019: $5,158,8632019Assets 2020: $6,582,739Liabilities 2020: $50,566Net Assets 2020: $6,532,1732020Assets 2021: $7,903,261Liabilities 2021: $230,947Net Assets 2021: $7,672,3142021Assets 2022: $7,091,035Liabilities 2022: $472,848Net Assets 2022: $6,618,1872022Assets 2023: $7,292,975Liabilities 2023: $85,906Net Assets 2023: $7,207,0692023Assets 2024: $8,048,283Liabilities 2024: $31,884Net Assets 2024: $8,016,3992024

Highlighted filing

2019

Assets$5,188,490
Liabilities$29,627
Net Assets$5,158,863

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $158,5542011Expenses 2012: $147,8412012Expenses 2013: $155,9572013Revenue 2014: $459,888Expenses 2014: $187,644Net Income 2014: $272,2442014Revenue 2015: $343,876Expenses 2015: $158,867Net Income 2015: $185,0092015Revenue 2016: $349,465Expenses 2016: $203,559Net Income 2016: $145,9062016Revenue 2017: $307,961Expenses 2017: $205,810Net Income 2017: $102,1512017Revenue 2018: $1,306,795Expenses 2018: $194,731Net Income 2018: $1,112,0642018Revenue 2019: $1,156,494Expenses 2019: $217,088Net Income 2019: $939,4062019Revenue 2020: $1,454,172Expenses 2020: $300,259Net Income 2020: $1,153,9132020Revenue 2021: $675,283Expenses 2021: $319,210Net Income 2021: $356,0732021Revenue 2022: $741,192Expenses 2022: $294,436Net Income 2022: $446,7562022Revenue 2023: $756,720Expenses 2023: $278,881Net Income 2023: $477,8392023Revenue 2024: $264,369Expenses 2024: $321,992Net Income 2024: -$57,6232024

Highlighted filing

2019

Revenue$1,156,494
Expenses$217,088
Net Income$939,406
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 25, 2019
Return Version
2018v3.1
Gross Receipts
$1,467,887
Mission and Program Overview

Mission

The primary purpose of the foundation is to provide for and carry on such activities to allow the growth, expansion, and development of black hawk college, quad-cities campus and other quad-cities facilities.

To provide for & carry on such activities to allow the growth, expansion, & development of black hawk college, quad-cities campus and other quad-cities facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,553,400$3,793,282▲ $239,882
Pledges and Grants Receivable$18,602$825,608▲ $807,006
Savings and Temporary Cash Investments$304,858$310,270▲ $5,412
Land, Buildings, and Equipment, Net$45,000$45,000→ $0
Total Assets$4,095,990$5,188,490▲ $1,092,500
Other Assets Total$174,130$214,330▲ $40,200
Liabilities
Other Liabilities$18,198$15,778▼ $2,420
Accounts Payable and Accrued Expenses$12,442$13,849▲ $1,407
Total Liabilities$30,640$29,627▼ $1,013
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,603,951$4,563,665▲ $2,959,714
Permanently Rstr Net Assets$1,928,004$0▼ $1,928,004
Unrestricted Net Assets$533,395$595,198▲ $61,803
Total Net Assets Fund Balance$4,065,350$5,158,863▲ $1,093,513
Total Liabilities and Net Assets / Fund Balance$4,095,990$5,188,490▲ $1,092,500

Asset Categories

AssetBook ValueDepreciationBasis
Land$45,000--
Other Securities$3,793,282--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,875,832$1,013,937▲ $249,998-$4,924,334
2017$3,532,342$340,342▲ $182,203-$3,875,832
2016$3,295,766$151,471▲ $276,831-$3,532,342
2015$3,148,549$248,454▲ $85,616-$3,295,766
2014$3,113,841$122,805▲ $55,166-$3,148,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
-Executive DirectorFT$63,691$63,691

Board Members and Trustees

NameTitle
Molly FoleyChair
Greg RyckaertVice Chair
Dave EmerickDirector
John DalyDirector
John ThodosDirector
Julie GelaudeDirector
Lori PappasDirector
Rico NavarroDirector
Steve LayerDirector
Maureen DickinsonTrustee Rep (non-voting)
Denise MelzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,071,843
Program Service Revenue
$0
Investment Income
$76,052
Other Revenue
$8,599
All Other Contributions
$1,071,843
Change in Net Assets
$939,406

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table16$109,764
Other Non Cash Contri Table28$34,437
Total Noncash Contributions44$144,201

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,156,494
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$314,427
Total Revenue per Audited Statements
$1,470,921
Total Revenue per Form 990
$1,156,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,524
Other Expenses$50,564
Total Fundraising Expense$20,239
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$159,493--$159,493
Grants to Domestic Orgs$7,031--$7,031
Office Expenses-$5,625-$5,625
Other Expenses-$2,608$20,239$2,608
Conferences and Meetings-$2,244-$2,244
All Other Expenses-$1,147-$1,147
Advertising-$783-$783
Total Functional Expenses$166,524$30,325$20,239$217,088

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$377,408
Expenses per Audited Statements$217,088
Total Expenses per Form 990$217,088
Expenses Not Reported on Form 990$160,320
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Black Hawk CollegeMoline, IL-For Programs & Capital Expenses$7,031
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,668
Fundraising Direct Expenses$16,119
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$12,202$12,202$11,607$595
Gala$10,820$10,820$13,929$-3,109
Total Events$23,022$23,022$25,536$-2,514
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarship Payable$15,778
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 VI, Section A, Line 2

Greg ryckaert is a principal of missman, which was purchased by imeg where molly foley is employed.

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

Distributed electronically to all directors. Presented and reviewed by exec/finance committee prior to officer signing return.

Form 990, Part VI, Section B, Line 12C

Leading up to approval of the written policy, the chair of the governance committee defined at board meetings what conflicts could be and the reason for a policy for monitoring conflicts. He reminded board members of disclosure requirements. No known conflicts were reported during fiscal year. The executive and finance committee charged the governance committee with creating the written procedures for implementation of the policy. Going forward, notice of disclosure requirements will be given with the board packets prior to the first meeting of the new fiscal year as well as when a new board member goes through orientation. Each board member will return or sign the written notice annually. The executive and finance committee, in setting the agenda for board meetings, will monitor whether any disclosed conflicts could come into play and will put the board member with the conflict on notice that he or she will be excused from discussion and vote on the matter.

Form 990, Part VI, Section C, Line 19

The foundation follows the rules & regulations of the irs regarding public availability of form 990 as well as any other required documents. The form 990 is available upon request at the foundation's office and published on guidestar.org

Filing and Contact Details

Filer

Filer Name
Black Hawk College Foundation
EIN
36-3240562
Phone
3097965052
Address
6600 34TH AVENUE, MOLINE, IL 61265

Signing Officer

Name
Greg Ryckaert
Title
Chair
Phone
3097965052
Signed
2019-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maureen Dickinson
Formed
1982
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
12

Preparer

Firm
Wipfli Llp
Address
403 EAST THIRD STREET, STERLING, IL 61081
Preparer
Michelle L Heller
Phone
8156261277
Supplemental Narrative

Additional Explanations

Form 990, Page 12

The organization has not changed either its oversight process or selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The foundation qualifies for tax exempt status under section 501(c)(3) of the internal revenue code as a charitable group not organized for profit. Accordingly, no provision for income taxes is included in the financial statements. The foundation accounts for income taxes in accordance with financial accounting standards board accounting for uncertainty income taxes. The standard provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in an enterprise's financial statements and requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. The foundation recorded no liabilities for uncertain tax positions or unrecognized tax benefits.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue on 990 16,119.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue on 990 16,119.

Part V, Line 4

The foundation awards scholarships to individuals attending black hawk college & funds to black hawk college for programs & capital expenses & emergency funds to individuals

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IRS990/MissionDesc0THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE FOR AND CARRY ON SUCH ACTIVITIES TO ALLOW THE GROWTH, EXPANSION, AND DEVELOPMENT OF BLACK HAWK COLLEGE, QUAD-CITIES CAMPUS AND OTHER QUAD-CITIES FACILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04065350
IRS990/NetAssetsOrFundBalancesEOYAmt05158863
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-11451
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-11451
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08549
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08549
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0154107
IRS990/NoncashContributionsAmt011760
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05625
IRS990/OfficeExpensesGrp/TotalAmt05625
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0174130
IRS990/OtherAssetsTotalGrp/EOYAmt0214330
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DONOR RECOGNITION/CULTI
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc2SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc3REGISTRATION FEES
IRS990/OtherExpensesGrp/FundraisingAmt020239
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014508
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13410
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22608
IRS990/OtherExpensesGrp/TotalAmt020239
IRS990/OtherExpensesGrp/TotalAmt114508
IRS990/OtherExpensesGrp/TotalAmt23410
IRS990/OtherExpensesGrp/TotalAmt32608
IRS990/OtherLiabilitiesGrp/BOYAmt018198
IRS990/OtherLiabilitiesGrp/EOYAmt015778
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050
IRS990/OtherRevenueTotalAmt050
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01928004
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt018602
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0825608
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MAUREEN DICKINSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0271426
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0129573
IRS990/PYInvestmentIncomeAmt01033356
IRS990/PYOtherExpensesAmt065158
IRS990/PYOtherRevenueAmt02013
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01112064
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0194731
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01306795
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0939406
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0304858
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0310270
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01252839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0450220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0431013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0440434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0259331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02833837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0100446
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt066373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt078564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt077013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt072075
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0394471
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035
IRS990ScheduleA/OtherIncome170Grp/TotalAmt035
IRS990ScheduleA/PublicSupportCY170Pct00.80200
IRS990ScheduleA/PublicSupportPY170Pct00.69280
IRS990ScheduleA/PublicSupportTotal170Amt02589038
IRS990ScheduleA/SubstantialContributorsTotAmt0244799
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01252839
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0450220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0431013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0440434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0259331
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02833837
IRS990ScheduleA/TotalSupportAmt03228343
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.13000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt067841
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03875832
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01013937
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04924334
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0147592
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0249998
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt062165
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03532342
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0340342
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03875832
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0116890
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0182203
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt065537
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03295766
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0151471
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03532342
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0126189
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0276831
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt053513
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03148549
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0248454
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03295766
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0133340
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085616
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt035351
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03113841
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0122805
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03148549
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0107912
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055166
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0144201
IRS990ScheduleD/DonatedServicesUseFcltsAmt0144201
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0160320
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0217088
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt045000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0154107
IRS990ScheduleD/OtherExpensesIncludedAmt016119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIP PAYABLE
IRS990ScheduleD/OtherRevenueAmt016119
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03793282
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.79000
IRS990ScheduleD/RevenueNotReportedAmt0314427
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01156494
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION QUALIFIES FOR TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A CHARITABLE GROUP NOT ORGANIZED FOR PROFIT. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING FOR UNCERTAINTY INCOME TAXES. THE STANDARD PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE FOUNDATION RECORDED NO LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 16,119.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 16,119.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION AWARDS SCHOLARSHIPS TO INDIVIDUALS ATTENDING BLACK HAWK COLLEGE & FUNDS TO BLACK HAWK COLLEGE FOR PROGRAMS & CAPITAL EXPENSES & EMERGENCY FUNDS TO INDIVIDUALS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.08000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045000
IRS990ScheduleD/TotalBookValueSecuritiesAmt03793282
IRS990ScheduleD/TotalExpensesPerForm990Amt0217088
IRS990ScheduleD/TotalLiabilityAmt015778
IRS990ScheduleD/TotalRevenuePerForm990Amt01156494
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01470921
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377408
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025536
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012202
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023022
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012202
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023022
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2514
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025536
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013929
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011607
IRS990ScheduleI/GrantRecordsMaintainedInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.05$0.03$8.02$0.26$0.32$0.06
2023Detailed filing. Detailed filing data is available for this year.$7.29$0.09$7.21$0.76$0.28$0.48
2022Detailed filing. Detailed filing data is available for this year.$7.09$0.47$6.62$0.74$0.29$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.90$0.23$7.67$0.68$0.32$0.36
2020Detailed filing. Detailed filing data is available for this year.$6.58$0.05$6.53$1.45$0.30$1.15
2019Detailed filing. Detailed filing data is available for this year.$5.19$0.03$5.16$1.16$0.22$0.94
2018Detailed filing. Detailed filing data is available for this year.$4.10$0.03$4.07$1.31$0.19$1.11
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.03$3.70$0.31$0.21$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.42$0.03$3.40$0.35$0.20$0.15
2015Detailed filing. Detailed filing data is available for this year.$3.25$0.00$3.24$0.34$0.16$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.20$0.01$3.19$0.46$0.19$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.01$2.79$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.01$2.45$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.04$2.19$0.16