Civic Intelligence

Colby Community College Endowment Foundation

990 • Fiscal year 2020 • EIN 48-6119870

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 09, 2020

Organization ProfileWWW.COLBYCC.EDU
1255 S Range AveColby, KS 67701

(785) 460-4684

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

14th percentile

0.02x

Higher debt load relative to revenue than 14% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

5th percentile

-65%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

25th percentile

$48,739

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

6th percentile

-12%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-12%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets13th percentile

Assets

Down

$6,837,014

Down $963,179 (-12%) from 2019

Net Assets

Down

$6,818,105

Down $968,899 (-12%) from 2019

Liabilities

Up

$18,909

Up $5,720 (+43%) from 2019

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin5th percentile

Revenue

Down

$1,113,513

Down $157,858 (-12%) from 2019

Expenses

Up

$1,833,892

Up $1,310,850 (+251%) from 2019

Net Income

Down

-$720,379

Down $1,468,708 (-196%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0Assets 2011: $4,990,159Liabilities 2011: $0Net Assets 2011: $4,990,1592011Assets 2012: $5,798,687Liabilities 2012: $0Net Assets 2012: $5,798,6872012Assets 2013: $5,848,196Liabilities 2013: $0Net Assets 2013: $5,848,1962013Assets 2014: $5,250,266Liabilities 2014: $0Net Assets 2014: $5,250,2662014Assets 2015: $5,665,792Liabilities 2015: $0Net Assets 2015: $5,665,7922015Assets 2016: $6,688,018Liabilities 2016: $162,254Net Assets 2016: $6,525,7642016Assets 2017: $6,795,515Liabilities 2017: $7,267Net Assets 2017: $6,788,2482017Assets 2018: $6,875,693Liabilities 2018: $14,383Net Assets 2018: $6,861,3102018Assets 2019: $7,800,193Liabilities 2019: $13,189Net Assets 2019: $7,787,0042019Assets 2020: $6,837,014Liabilities 2020: $18,909Net Assets 2020: $6,818,1052020Assets 2021: $7,903,807Liabilities 2021: $92,054Net Assets 2021: $7,811,7532021Assets 2022: $7,415,607Liabilities 2022: $83,403Net Assets 2022: $7,332,2042022Assets 2023: $7,859,362Liabilities 2023: $152,837Net Assets 2023: $7,706,5252023Assets 2024: $8,788,221Liabilities 2024: $77,726Net Assets 2024: $8,710,4952024Assets 2025: $9,562,693Liabilities 2025: $95,847Net Assets 2025: $9,466,8462025

Highlighted filing

2020

Assets$6,837,014
Liabilities$18,909
Net Assets$6,818,105
Open 2020 Filing

Operations Trend

Revenue Growth26th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $371,6692011Expenses 2012: $305,9922012Expenses 2013: $398,3182013Revenue 2014: $880,715Expenses 2014: $1,478,645Net Income 2014: -$597,9302014Revenue 2015: $866,182Expenses 2015: $450,656Net Income 2015: $415,5262015Revenue 2016: $1,105,543Expenses 2016: $803,133Net Income 2016: $302,4102016Revenue 2017: $735,664Expenses 2017: $618,905Net Income 2017: $116,7592017Revenue 2018: $479,625Expenses 2018: $526,616Net Income 2018: -$46,9912018Revenue 2019: $1,271,371Expenses 2019: $523,042Net Income 2019: $748,3292019Revenue 2020: $1,113,513Expenses 2020: $1,833,892Net Income 2020: -$720,3792020Revenue 2021: $1,773,684Expenses 2021: $1,596,900Net Income 2021: $176,7842021Revenue 2022: $1,226,254Expenses 2022: $824,833Net Income 2022: $401,4212022Revenue 2023: $1,271,248Expenses 2023: $1,077,279Net Income 2023: $193,9692023Revenue 2024: $1,553,517Expenses 2024: $944,746Net Income 2024: $608,7712024Revenue 2025: $1,064,617Expenses 2025: $582,873Net Income 2025: $481,7442025

Highlighted filing

2020

Revenue$1,113,513
Expenses$1,833,892
Net Income-$720,379
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$2,681,624
Mission and Program Overview

Mission

Colby community college endowment foundation exists to support colby community college through performance of three fundamental functions: (1) raise funds, (2) raise friends, (3) and invest and disburse funds. The purpose of the generated income from the funds is to create money that will be used for scholarships, departmental programs, faculty development and overall enrichment of the college itself.

To raise private sector funds by providing leadership and to responsibly manage gifts to benefit educational opportunities and initiatives of colby community college. A strong scholarship program is available to promote academic excellence and develop student leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,634,370$5,256,742▼ $377,628
Savings and Temporary Cash Investments$1,823,903$1,277,581▼ $546,322
Investments Other Securities$245,045$245,950▲ $905
Prepaid Expenses and Deferred Charges$319$259▼ $60
Total Assets$7,800,193$6,837,014▼ $963,179
Other Assets Total$96,556$56,482▼ $40,074
Liabilities
Unsecured Notes Loans Payable-$12,000-
Accounts Payable and Accrued Expenses$13,189$6,909▼ $6,280
Total Liabilities$13,189$18,909▲ $5,720
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,106,574$6,419,582▼ $686,992
Net Assets Without Donor Restrictions$680,430$398,523▼ $281,907
Total Net Assets Fund Balance$7,787,004$6,818,105▼ $968,899
Total Liabilities and Net Assets / Fund Balance$7,800,193$6,837,014▼ $963,179

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$5,501,796$367,701▲ $32,095$287,295$5,614,296
2018$5,317,970$28,618▲ $325,048$169,840$5,501,796
2017$5,171,811$19,789▲ $192,111$65,741$5,317,970
2016$5,007,693$47,234▲ $231,230$114,346$5,171,811
2015$5,327,168$6,205▲ $222,344$548,024$5,007,693
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer SchoenfeldExecutive DiFT$48,739$48,739

Board Members and Trustees

NameTitle
Vernon HurdPresident
Angel MorrisonMember
Darrell SurmeierMember
John StreckerMember
Josh RyanMember
Kristy MccartyMember
Phil ShumanMember
Rebel MahieuMember
Ronda BachmanMember
Sharon RedmondMember
Steve LampeMember
Cynthia DixsonSecretary
Janice CatesTreasurer
Lynette AndreggVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$807,766
Program Service Revenue
$0
Investment Income
$282,759
Other Revenue
$22,988
All Other Contributions
$807,766
Change in Net Assets
$-720,379

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table8$74,809
Total Noncash Contributions8$74,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,113,513
Revenue Not Reported on Form 990
$-248,520
Total Revenue per Audited Statements
$864,993
Total Revenue per Form 990
$1,113,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,678,395
Other Expenses$100,929
Salaries, Compensation, and Employee Benefits$54,568
Total Fundraising Expense$8,522
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,521,294--$1,521,294
Grants to Domestic Individuals$157,101--$157,101
Fees for Services Accounting-$58,908-$58,908
Current Officers, Directors, Trustees, and Key Employees$7,311$34,117$7,311$48,739
Office Expenses-$29,998-$29,998
Payroll Taxes$463$2,162$463$3,088
Other Salaries and Wages$411$1,919$411$2,741
Insurance-$1,095-$1,095
Travel-$773-$773
Other Expenses-$9,699$337$337
Conferences and Meetings-$119-$119
Total Functional Expenses$1,686,580$138,790$8,522$1,833,892

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,833,892
Total Expenses per Audited Statements$1,833,892
Total Expenses per Form 990$1,833,892
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colby Community CollegeColby, KS-School Activities$1,521,294
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,692
Fundraising Direct Expenses$4,981
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
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
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, Page 6, Part VI, Line 11B

“A copy of the tax form 990 and supplemental schedules are presented to the board members. A copy of these reports are left with the organization for a more detailed review. If no additional changes or questions aries, then they are approved by the board and noted in the mintues. Approximately 14 members.”

Form 990, Page 6, Part VI, Line 12C

“The board of directors monitor any changes in related parties on an annual basis and continually as needed.”

Form 990, Page 6, Part VI, Line 15A

“Annual evaluation and vote by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Annual evaluation and vote by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“These documents are available upon request at colby community college endowment foundation's office.”

Filing and Contact Details

Filer

Filer Name
Colby Community College Endowment
EIN
48-6119870
Phone
7854604684
Address
1255 S RANGE AVE, COLBY, KS 67701

Signing Officer

Name
Vernon Hurd
Title
President
Phone
7854605482
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Schoenfeld
Formed
1965
Legal Domicile
Ks
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
14

Preparer

Firm
Williams Consulting Chartered
Address
PO BOX 638, SHARON SPRINGS, KS 67758
Preparer
Rita L Williams
Phone
7858524263
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Colby community college endowment foundation exists to support colby community college through performance of three fundamental functions: (1) raise funds, (2) raise friends, (3) and invest and disburse funds. The purpose of the generated income from the funds is to create money that will be used for scholarships, departmental programs, faculty development and overall enrichment of the college itself.”

Form 990, Page 2, Part III, Line 4D

“Supplies and other various project expenses that enhance the educational experiences of the students at colby community college.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Generally accepted accounting principles (gaap) prescribe the accounting for uncertainty in income taxes and a recognition and measurement of a tax position taken or expected to be taken in a tax return. There was no affect on the financial statements as a result of adopting this interpretation as the foundation believes it does not have any material uncertain tax positions reflected in its financial statements. Tax years that remain subject to examination in the foundation's major jurisdictions are for the years ended june 30, 2020, 2019 and 2018.”

Raw XML AppendixShowing 400 of 558 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/BOYAmt013189
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06909
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO RAISE PRIVATE SECTOR FUNDS BY PROVIDING LEADERSHIP AND TO RESPONSIBLY MANAGE GIFTS TO BENEFIT EDUCATIONAL OPPORTUNITIES AND INITIATIVES OF COLBY COMMUNITY COLLEGE. A STRONG SCHOLARSHIP PROGRAM IS AVAILABLE TO PROMOTE ACADEMIC EXCELLENCE AND DEVELOP STUDENT LEADERSHIP.
IRS990/AllOtherContributionsAmt0807766
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COLBY COMMUNITY COLLEGE ENDOWMENT
IRS990/BooksInCareOfDetail/PhoneNum07854604684
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01255 S RANGE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLBY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd067701
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt07311
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034117
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt07311
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt048739
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0119
IRS990/ConferencesMeetingsGrp/TotalAmt0119
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0807766
IRS990/CYGrantsAndSimilarPaidAmt01678395
IRS990/CYInvestmentIncomeAmt0282759
IRS990/CYOtherExpensesAmt0100929
IRS990/CYOtherRevenueAmt022988
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-720379
IRS990/CYSalariesCompEmpBnftPaidAmt054568
IRS990/CYTotalExpensesAmt01833892
IRS990/CYTotalFundraisingExpenseAmt08522
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01113513
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0DISTRIBUTIONS FOR CAMPUS PROJECTS AND ORGANIZATIONS THAT ARE SUPPORTED BY THE FOUNDATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt07106574
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06419582
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01521294
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt058908
IRS990/FeesForServicesAccountingGrp/TotalAmt058908
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0VERNON HURD
IRS990/Form990PartVIISectionAGrp/PersonNm1LYNETTE ANDREGG
IRS990/Form990PartVIISectionAGrp/PersonNm2CYNTHIA DIXSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JANICE CATES
IRS990/Form990PartVIISectionAGrp/PersonNm4RONDA BACHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5PHIL SHUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE LAMPE
IRS990/Form990PartVIISectionAGrp/PersonNm7REBEL MAHIEU
IRS990/Form990PartVIISectionAGrp/PersonNm8KRISTY MCCARTY
IRS990/Form990PartVIISectionAGrp/PersonNm9ANGEL MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm10SHARON REDMOND
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSH RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN STRECKER
IRS990/Form990PartVIISectionAGrp/PersonNm13DARRELL SURMEIER
IRS990/Form990PartVIISectionAGrp/PersonNm14JENNIFER SCHOENFELD
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/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1448739
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt04981
IRS990/FundraisingGrossIncomeAmt013692
IRS990/GainOrLossGrp/OtherAmt064061
IRS990/GainOrLossGrp/SecuritiesAmt029213
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01521294
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0157101
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0157101
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01521294
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01521294
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt064061
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01592343
IRS990/GrossReceiptsAmt02681624
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01095
IRS990/InsuranceGrp/TotalAmt01095
IRS990/InvestmentIncomeGrp/ExclusionAmt0189485
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0189485
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0245045
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0245950
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05634370
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05256742
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KS
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01563130
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0COLBY COMMUNITY COLLEGE ENDOWMENT FOUNDATION EXISTS TO SUPPORT COLBY COMMUNITY COLLEGE THROUGH PERFORMANCE OF THREE FUNDAMENTAL FUNCTIONS: (1) RAISE FUNDS, (2) RAISE FRIENDS, (3) AND INVEST AND DISBURSE FUNDS. THE PURPOSE OF THE GENERATED INCOME FROM THE FUNDS IS TO CREATE MONEY THAT WILL BE USED FOR SCHOLARSHIPS, DEPARTMENTAL PROGRAMS, FACULTY DEVELOPMENT AND OVERALL ENRICHMENT OF THE COLLEGE ITSELF.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07787004
IRS990/NetAssetsOrFundBalancesEOYAmt06818105
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt093274
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt093274
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08711
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08711
IRS990/NetUnrlzdGainsLossesInvstAmt0-248520
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0680430
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0398523
IRS990/NoncashContributionsAmt074809
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029998
IRS990/OfficeExpensesGrp/TotalAmt029998
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt096556
IRS990/OtherAssetsTotalGrp/EOYAmt056482
IRS990/OtherExpensesGrp/Desc0MGT AND GENERAL
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/FundraisingAmt0337
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09699
IRS990/OtherExpensesGrp/TotalAmt09699
IRS990/OtherExpensesGrp/TotalAmt1337
IRS990/OtherRevenueMiscGrp/BusinessCd0110000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0FARM INCOME, NET
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09927
IRS990/OtherRevenueMiscGrp/ExclusionAmt110
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09927
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110
IRS990/OtherRevenueTotalAmt09937
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01919
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0411
IRS990/OtherSalariesAndWagesGrp/TotalAmt02741
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0463
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02162
IRS990/PayrollTaxesGrp/ProgramServicesAmt0463
IRS990/PayrollTaxesGrp/TotalAmt03088
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0319
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0259
IRS990/PrincipalOfficerNm0JENNIFER SCHOENFELD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS TO STUDENTS ATTENDING COLBY COMMUNITY COLLEGE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0157101
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0157101
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUPPLIES AND OTHER VARIOUS PROJECT EXPENSES THAT ENHANCE THE EDUCATIONAL EXPERIENCES OF THE STUDENTS AT COLBY COMMUNITY COLLEGE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt08185
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0830041
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0382852
IRS990/PYInvestmentIncomeAmt0253591
IRS990/PYOtherExpensesAmt083072
IRS990/PYOtherRevenueAmt0187739
IRS990/PYRevenuesLessExpensesAmt0748329
IRS990/PYSalariesCompEmpBnftPaidAmt057118
IRS990/PYTotalExpensesAmt0523042
IRS990/PYTotalRevenueAmt01271371
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-720379
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt04340
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt04340
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01823903
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01277581
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0807766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0830041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0472363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0454006
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0779964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03344140
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt06360
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt03780
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt03600
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt03600
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt027340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0193825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0412184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0246808
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0315596
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0353569
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01521982
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037326
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt023629
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023629
IRS990ScheduleA/PublicSupportCY170Pct00.60480
IRS990ScheduleA/PublicSupportPY170Pct00.60250
IRS990ScheduleA/PublicSupportTotal170Amt02973698
IRS990ScheduleA/SubstantialContributorsTotAmt0397782
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0814126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0840041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0476143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0457606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0783564
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03371480
IRS990ScheduleA/TotalSupportAmt04917091
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/CYEndwmtFundGrp/BeginningYearBalanceAmt05501796
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0367701
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05614296
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt032095
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0287295
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05317970
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt028618
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05501796
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0325048
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0169840
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05171811
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt019789
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05317970
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0192111
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt065741
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05007693
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt047234
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05171811
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0231230
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0114346
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05327168
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt06205
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05007693
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0222344
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0548024
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01833892
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-248520
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.81000
IRS990ScheduleD/RevenueNotReportedAmt0-248520
IRS990ScheduleD/RevenueSubtotalAmt01113513
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PRESCRIBE THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WAS NO AFFECT ON THE FINANCIAL STATEMENTS AS A RESULT OF ADOPTING THIS INTERPRETATION AS THE FOUNDATION BELIEVES IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS REFLECTED IN ITS FINANCIAL STATEMENTS. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION IN THE FOUNDATION'S MAJOR JURISDICTIONS ARE FOR THE YEARS ENDED JUNE 30, 2020, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.19000
IRS990ScheduleD/TotalExpensesPerForm990Amt01833892
IRS990ScheduleD/TotalRevenuePerForm990Amt01113513
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0864993

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,837,014
Liabilities
$18,909
Net assets
$6,818,105
Revenue
$1,113,513
Expenses
$1,833,892
Net income
-$720,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$0.10$9.47$1.06$0.58$0.48
2024Summary only. Only limited summary data is available for this year.$8.79$0.08$8.71$1.55$0.94$0.61
2023Summary only. Only limited summary data is available for this year.$7.86$0.15$7.71$1.27$1.08$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$0.08$7.33$1.23$0.82$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.90$0.09$7.81$1.77$1.60$0.18
2020Detailed filing. Detailed filing data is available for this year.$6.84$0.02$6.82$1.11$1.83$0.72
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.80$0.01$7.79$1.27$0.52$0.75
2018Summary only. Only limited summary data is available for this year.$6.88$0.01$6.86$0.48$0.53$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.80$0.01$6.79$0.74$0.62$0.12
2016Detailed filing. Detailed filing data is available for this year.$6.69$0.16$6.53$1.11$0.80$0.30
2015Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$0.87$0.45$0.42
2014Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$0.88$1.48$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$0.00$5.85$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.00$5.80$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.00$4.99$0.37