Civic Intelligence

Itasca Community College Foundation

990 • Fiscal year 2021 • EIN 41-0991901

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 02, 2022

Organization ProfileICCFOUNDATION.ORG
PO Box 539Grand Rapids, MN 55744

(218) 322-2451

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

10th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

2nd percentile

-125%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$31,792

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

23rd percentile

-0.5%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-71%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$5,564,379

Down $27,709 (-0.5%) from 2020

Net Assets

Down

$5,562,954

Down $27,073 (-0.5%) from 2020

Liabilities

Down

$1,425

Down $636 (-31%) from 2020

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin2nd percentile

Revenue

Down

$931,890

Down $2,303,817 (-71%) from 2020

Expenses

Down

$2,099,045

Down $1,467,033 (-41%) from 2020

Net Income

Down

-$1,167,155

Down $836,784 (-253%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,034,554Liabilities 2011: $1,085Net Assets 2011: $4,033,4692011Assets 2012: $3,827,790Liabilities 2012: $10,537Net Assets 2012: $3,817,2532012Assets 2013: $4,191,653Liabilities 2013: $1,335Net Assets 2013: $4,190,3182013Assets 2014: $4,754,597Liabilities 2014: $1,473Net Assets 2014: $4,753,1242014Assets 2015: $4,702,565Liabilities 2015: $0Net Assets 2015: $4,702,5652015Assets 2016: $4,385,736Liabilities 2016: $1,602Net Assets 2016: $4,384,1342016Assets 2017: $4,932,130Liabilities 2017: $3,259Net Assets 2017: $4,928,8712017Assets 2018: $5,519,362Liabilities 2018: $2,988Net Assets 2018: $5,516,3742018Assets 2019: $5,971,590Liabilities 2019: $6,394Net Assets 2019: $5,965,1962019Assets 2020: $5,592,088Liabilities 2020: $2,061Net Assets 2020: $5,590,0272020Assets 2021: $5,564,379Liabilities 2021: $1,425Net Assets 2021: $5,562,9542021Assets 2022: $4,845,985Liabilities 2022: $3,353Net Assets 2022: $4,842,6322022Assets 2023: $5,277,046Liabilities 2023: $30,023Net Assets 2023: $5,247,0232023Assets 2024: $5,852,843Liabilities 2024: $15,856Net Assets 2024: $5,836,9872024

Highlighted filing

2021

Assets$5,564,379
Liabilities$1,425
Net Assets$5,562,954
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $248,1372011Expenses 2012: $299,7682012Revenue 2013: $277,718Expenses 2013: $332,414Net Income 2013: -$54,6962013Revenue 2014: $362,227Expenses 2014: $388,090Net Income 2014: -$25,8632014Revenue 2015: $462,982Expenses 2015: $483,896Net Income 2015: -$20,9142015Revenue 2016: $28,443Expenses 2016: $346,874Net Income 2016: -$318,4312016Revenue 2017: $1,140,084Expenses 2017: $324,671Net Income 2017: $815,4132017Revenue 2018: $946,515Expenses 2018: $359,012Net Income 2018: $587,5032018Revenue 2019: $848,822Expenses 2019: $400,000Net Income 2019: $448,8222019Revenue 2020: $3,235,707Expenses 2020: $3,566,078Net Income 2020: -$330,3712020Revenue 2021: $931,890Expenses 2021: $2,099,045Net Income 2021: -$1,167,1552021Revenue 2022: -$301,295Expenses 2022: $419,027Net Income 2022: -$720,3222022Revenue 2023: $488,996Expenses 2023: $454,710Net Income 2023: $34,2862023Revenue 2024: $696,604Expenses 2024: $410,978Net Income 2024: $285,6262024

Highlighted filing

2021

Revenue$931,890
Expenses$2,099,045
Net Income-$1,167,155
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 2, 2022
Return Version
2020v4.0
Gross Receipts
$931,890
Mission and Program Overview

Mission

The ICC Foundation supports and benefits students and the college by encouraging and facilitating financial contributions from alumni and friends of the college.

To secure and facilitate voluntary support from the independent sector to fund student assistance and special programs in response to unique educational needs and opportunities in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,558,561$5,307,620▲ $1,749,059
Savings and Temporary Cash Investments$780$127,634▲ $126,854
Cash and Non-Interest-Bearing Accounts$1,286,807$62,881▼ $1,223,926
Pledges and Grants Receivable$733,184$53,488▼ $679,696
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,592,088$5,564,379▼ $27,709
Other Assets Total$12,756$12,756→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,061$1,425▼ $636
Total Liabilities$2,061$1,425▼ $636
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,868,585$5,512,541▲ $643,956
Net Assets Without Donor Restrictions$721,442$50,413▼ $671,029
Total Net Assets Fund Balance$5,590,027$5,562,954▼ $27,073
Total Liabilities and Net Assets / Fund Balance$5,592,088$5,564,379▼ $27,709
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlie BlackFoundation DirectorFT$31,792-$31,792
Susan LynchFoundation DirectorFT$28,000$540$28,540

Board Members and Trustees

NameTitle
Dan GillmanChairman
Tom McbridePast Chair
Maggie SkeltonVice Chair
Diane WeberDirector
Jenna Carlson JahnDirector
Kristina GaalaasDirector
Patrick MathiasDirector
Sandy LaymanDirector
Tom SaxhaugDirector
Alie McinerneySecretary
Kris FerraroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$727,988
Program Service Revenue
$70,710
Investment Income
$133,192
Other Revenue
$0
All Other Contributions
$727,988
Change in Net Assets
$-1,167,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,917,674
Grants and Similar Amounts Paid$110,618
Salaries, Compensation, and Employee Benefits$70,753
Total Fundraising Expense$38,967
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$110,618--$110,618
Current Officers, Directors, Trustees, and Key Employees$19,909$20,513$19,910$60,332
Fees for Services Accounting-$21,829-$21,829
Fees for Service Investment Mgmnt Fees-$18,327-$18,327
Information Technology$5,621$5,792$5,621$17,034
Occupancy$4,493$4,492$4,493$13,478
Other Employee Benefits$1,255$3,491$1,254$6,000
Advertising--$5,114$5,114
Payroll Taxes$1,298$1,825$1,298$4,421
Other Expenses$12,383$4,121-$4,121
Office Expenses$800$801$800$2,401
All Other Expenses$47-$477$524
Total Functional Expenses$1,908,178$151,900$38,967$2,099,045
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Organization's process to review form 990 return provided electronically to the board of directors for review and comment prior to filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation process for top official the executive/development directors compensation is reviewed and determined by the board of directors on an anuual basis.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents disclosure explanation availabe upon request.”

Filing and Contact Details

Filer

Filer Name
Itasca Community College Foundation
EIN
41-0991901
Phone
2183222451
Address
PO BOX 539, GRAND RAPIDS, MN 55744

Signing Officer

Name
Charlie Black
Title
Foundation Director
Signed
2022-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Black
Formed
1988
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
1

Preparer

Firm
Glorvigen Tierney & Company Pllp
Address
200 NE 1ST AVE, GRAND RAPIDS, MN 55744
Preparer
Jennifer L Heintz CPA
Phone
2183266641
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“RELIZED GAINS = $10924”

Raw XML AppendixShowing 400 of 490 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.

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IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0133192
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0133192
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03558561
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05307620
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SECURE AND FACILITATE VOLUNTARY SUPPORT FROM THE INDEPENDENT SECTOR TO FUND STUDENT ASSISTANCE AND SPECIAL PROGRAMS IN RESPONSE TO UNIQUE EDUCATIONAL NEEDS AND OPPORTUNITIES IN THE AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05590027
IRS990/NetAssetsOrFundBalancesEOYAmt05562954
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01129158
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0721442
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt050413
IRS990/NoncashContributionsAmt013478
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04493
IRS990/OccupancyGrp/ManagementAndGeneralAmt04492
IRS990/OccupancyGrp/ProgramServicesAmt04493
IRS990/OccupancyGrp/TotalAmt013478
IRS990/OfficeExpensesGrp/FundraisingAmt0800
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0801
IRS990/OfficeExpensesGrp/ProgramServicesAmt0800
IRS990/OfficeExpensesGrp/TotalAmt02401
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012756
IRS990/OtherAssetsTotalGrp/EOYAmt012756
IRS990/OtherChangesInNetAssetsAmt010924
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01254
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03491
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01255
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06000
IRS990/OtherExpensesGrp/Desc0CAMPUS PROGRAMMING
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc2STUDENT/CAMPUS SUPPORT
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070709
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14121
IRS990/OtherExpensesGrp/ProgramServicesAmt01751754
IRS990/OtherExpensesGrp/ProgramServicesAmt112383
IRS990/OtherExpensesGrp/TotalAmt01751754
IRS990/OtherExpensesGrp/TotalAmt170709
IRS990/OtherExpensesGrp/TotalAmt212383
IRS990/OtherExpensesGrp/TotalAmt34121
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01298
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01825
IRS990/PayrollTaxesGrp/ProgramServicesAmt01298
IRS990/PayrollTaxesGrp/TotalAmt04421
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0733184
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt053488
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHARLIE BLACK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070710
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03012902
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0128325
IRS990/PYInvestmentIncomeAmt0153595
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03349467
IRS990/PYProgramServiceRevenueAmt069210
IRS990/PYRevenuesLessExpensesAmt0-330371
IRS990/PYSalariesCompEmpBnftPaidAmt088286
IRS990/PYTotalExpensesAmt03566078
IRS990/PYTotalRevenueAmt03235707
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1167155
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0780
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0127634
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0727988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02442452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0596909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0540379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0270676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04578404
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt013478
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt013478
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt013085
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt012705
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt012335
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt065081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0133192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0153595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0251913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt088142
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0113390
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0740232
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.86250
IRS990ScheduleA/PublicSupportPY170Pct00.84850
IRS990ScheduleA/PublicSupportTotal170Amt04643485
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0741466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02455930
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0609994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0553084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0283011
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04643485
IRS990ScheduleA/TotalSupportAmt05383717
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0110618
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt097
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ITASCA COMMUNITY COLLEGE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO INDIVIDUAL STUDENTS ATTENDING THE COLLEGE IN ORDER TO MAKE COLLEGE MORE AFFORDABLE. SCHOLARSHIPS ARE AWARDED BASED ON FACTORS DETERMINED BY THE INDIVIDUAL SCHOLARSHIP FUND AND MAY INCLUDE ITEMS SUCH AS FIELD OF STUDY, GEOGRAPHIC AREA, NEED AND ACADEMIC ACHIEVEMENT. THE NUMBER OF SCHOLARSHIPS AWARDED ON AN ANNUAL BASIS VARIES BASED ON THE FUNDS AVAILABLE AND THE NUMBER OF APPLICANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,564,379
Liabilities
$1,425
Net assets
$5,562,954
Revenue
$931,890
Expenses
$2,099,045
Net income
-$1,167,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.02$5.84$0.70$0.41$0.29
2023Detailed filing. Detailed filing data is available for this year.$5.28$0.03$5.25$0.49$0.45$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$0.00$4.84$0.30$0.42$0.72
2021Detailed filing. Detailed filing data is available for this year.$5.56$0.00$5.56$0.93$2.10$1.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.00$5.59$3.24$3.57$0.33
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.97$0.01$5.97$0.85$0.40$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.52$0.00$5.52$0.95$0.36$0.59
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.00$4.93$1.14$0.32$0.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$0.00$4.38$0.03$0.35$0.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$0.00$4.70$0.46$0.48$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.75$0.00$4.75$0.36$0.39$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.19$0.00$4.19$0.28$0.33$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.01$3.82$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.00$4.03$0.25