Civic Intelligence

Danville Community College Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 54-1213521

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

Organization ProfileN/A
1008 South Main StreetDanville, VA 24541

(434) 797-8495

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.02x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$125,305

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

55th percentile

5.6%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

31%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$8,166,776

Up $433,261 (+5.6%) from 2016

Net Assets

Up

$8,143,301

Up $438,296 (+5.7%) from 2016

Liabilities

Down

$23,475

Down $5,035 (-18%) from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin14th percentile

Revenue

Up

$1,130,802

Up $265,369 (+31%) from 2016

Expenses

Up

$1,304,522

Up $411,786 (+46%) from 2016

Net Income

Down

-$173,720

Down $146,417 (-536%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $6,031,594Liabilities 2011: $48,285Net Assets 2011: $5,983,3092011Assets 2012: $6,620,152Liabilities 2012: $7,989Net Assets 2012: $6,612,1632012Assets 2013: $7,146,666Liabilities 2013: $23,108Net Assets 2013: $7,123,5582013Assets 2014: $8,115,031Liabilities 2014: $8,354Net Assets 2014: $8,106,6772014Assets 2015: $8,092,733Liabilities 2015: $44,222Net Assets 2015: $8,048,5112015Assets 2016: $7,733,515Liabilities 2016: $28,510Net Assets 2016: $7,705,0052016Assets 2017: $8,166,776Liabilities 2017: $23,475Net Assets 2017: $8,143,3012017Assets 2018: $9,531,320Liabilities 2018: $57,032Net Assets 2018: $9,474,2882018Assets 2019: $11,335,992Liabilities 2019: $135,348Net Assets 2019: $11,200,6442019Assets 2020: $12,450,865Liabilities 2020: $18,456Net Assets 2020: $12,432,4092020Assets 2021: $14,601,310Liabilities 2021: $50,556Net Assets 2021: $14,550,7542021Assets 2022: $13,887,652Liabilities 2022: $21,655Net Assets 2022: $13,865,9972022Assets 2023: $14,827,579Liabilities 2023: $74,991Net Assets 2023: $14,752,5882023Assets 2024: $19,428,571Liabilities 2024: $69,465Net Assets 2024: $19,359,1062024

Highlighted filing

2017

Assets$8,166,776
Liabilities$23,475
Net Assets$8,143,301
Open 2017 Filing

Operations Trend

Revenue Growth81st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,371,614Expenses 2011: $844,720Net Income 2011: $526,8942011Revenue 2012: $961,224Expenses 2012: $509,447Net Income 2012: $451,7772012Revenue 2013: $991,939Expenses 2013: $824,899Net Income 2013: $167,0402013Revenue 2014: $1,267,469Expenses 2014: $869,736Net Income 2014: $397,7332014Revenue 2015: $2,486,235Expenses 2015: $1,389,448Net Income 2015: $1,096,7872015Revenue 2016: $865,433Expenses 2016: $892,736Net Income 2016: -$27,3032016Revenue 2017: $1,130,802Expenses 2017: $1,304,522Net Income 2017: -$173,7202017Revenue 2018: $3,756,442Expenses 2018: $3,014,210Net Income 2018: $742,2322018Revenue 2019: $1,649,032Expenses 2019: $1,014,813Net Income 2019: $634,2192019Revenue 2020: $1,652,648Expenses 2020: $718,480Net Income 2020: $934,1682020Revenue 2021: $945,901Expenses 2021: $1,028,990Net Income 2021: -$83,0892021Revenue 2022: $1,971,956Expenses 2022: $936,768Net Income 2022: $1,035,1882022Revenue 2023: $768,680Expenses 2023: $1,141,754Net Income 2023: -$373,0742023Revenue 2024: $4,235,668Expenses 2024: $1,033,459Net Income 2024: $3,202,2092024

Highlighted filing

2017

Revenue$1,130,802
Expenses$1,304,522
Net Income-$173,720
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$2,992,389
Mission and Program Overview

Mission

To foster and promote growth, progress, and general welfare of danville community college and the virginia community college system. The foundation is committed to providing access to higher education for the citizens of the surrounding communities and to the support of excellence in the community college educational programming.

Providing educational assistance to students of danville community college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,513,782$7,371,817▲ $858,035
Savings and Temporary Cash Investments$1,109,093$773,231▼ $335,862
Pledges and Grants Receivable$103,180$0▼ $103,180
Prepaid Expenses and Deferred Charges$7,460$21,728▲ $14,268
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$7,733,515$8,166,776▲ $433,261
Liabilities
Accounts Payable and Accrued Expenses$28,510$23,475▼ $5,035
Total Liabilities$28,510$23,475▼ $5,035
Net Assets / Fund Balance
Permanently Rstr Net Assets$4,555,050$4,669,080▲ $114,030
Temporarily Rstr Net Assets$2,380,830$2,836,878▲ $456,048
Unrestricted Net Assets$769,125$637,343▼ $131,782
Total Net Assets Fund Balance$7,705,005$8,143,301▲ $438,296
Total Liabilities and Net Assets / Fund Balance$7,733,515$8,166,776▲ $433,261

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$11,137$11,137

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$5,372,604$114,030▲ $655,419$204,780$5,903,369
2015$5,532,845$101,082▼ $102,667$154,032$5,372,604
2014$5,475,174$88,769▲ $139,499$137,455$5,532,845
2013$4,744,902$218,967▲ $771,211$229,474$5,475,174
2012$4,805,557$258,473▲ $464,734$756,259$4,744,902
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon HairVP of Institutional AdvancFT$102,001$23,304$125,305

Board Members and Trustees

NameTitle
Elizabeth SpainhourChair
Scott BatsonImmediate Past Chair
Eddie HerndronInvestment Chair
Brooks Powell IiiVice Chair
Albert L Paynes DdsDirector
Bobbye Raye WomackDirector
Dan FarmerDirector
Denise H Whittle DerhemDirector
Ed Fitzgerald IvDirector
Harry JohnsonDirector
Harry T KolendrianosDirector
Joan Tarpley-robinsonDirector
John H Zechman JrDirector
John W CollinsDirector
Kevin KeysDirector
Landon WyattDirector
Latisha RoyalDirector
Michael DuncanDirector
Paul FoxDirector
Rodney ReynoldsDirector
Shahnaz AhmedDirector
Ted HodgesDirector
Tommy PruettDirector
Gene HayesSecretary
Nan FreedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$871,622
Program Service Revenue
$0
Investment Income
$247,042
Other Revenue
$12,138
All Other Contributions
$416,282
Change in Net Assets
$-173,720

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,130,802
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$768,536
Total Revenue per Audited Statements
$1,899,338
Total Revenue per Form 990
$1,130,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$957,242
Grants and Similar Amounts Paid$277,275
Total Fundraising Expense$129,081
Salaries, Compensation, and Employee Benefits$70,005
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$277,275--$277,275
Current Officers, Directors, Trustees, and Key Employees-$70,005-$70,005
Conferences and Meetings-$50,858-$50,858
Fees for Service Investment Mgmnt Fees-$42,158-$42,158
Advertising--$31,214$31,214
Fees for Services Other-$23,006-$23,006
Other Expenses$692,048$12,608$21,020$12,608
Office Expenses-$2,901$2,901$5,802
Insurance-$2,397-$2,397
All Other Expenses-$2,185-$2,185
Total Functional Expenses$969,323$206,118$129,081$1,304,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,461,042
Expenses per Audited Statements$1,304,522
Total Expenses per Form 990$1,304,522
Expenses Not Reported on Form 990$156,520
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,255
Fundraising Direct Expenses$16,117
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$28,255$28,255$16,117$12,138
Total Events$28,255$28,255$16,117$12,138
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
Yes
Audit committee
Yes
Backup withholding compliance
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 B, line 11B

“The return is detail reviewed and approved by the executive committee who is authorized by the foundation board to perform such a review and approval. Shannon hair, vice president of institutional advancement and development, will sign the return.”

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

“Each Board member is requested to provide annually in writing to the DCCEF Executive Director a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity. In the event the DCCEF is considering a contribution to, or the procurement of services from, an entity in which a Board member is an officer, director or is employed, the Board member shall so inform the Board and refrain from voting on the matter. At the discretion of the Chairman, the Board member may be excused from Board discussion on this matter. This procedure shall also be applicable to Committees of the Board.”

Form 990, Part VI, Section C, line 19

“The secretary has possession of the documents and will provide copies of the documents if requests are made.”

Filing and Contact Details

Filer

Filer Name
Danville Community College Educational
EIN
54-1213521
Phone
4347978495
Address
1008 South Main Street, Danville, VA 24541

Signing Officer

Name
Shannon Hair
Title
VP Institutional Advancement and De
Phone
4347978587
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Hair
Formed
1982
Legal Domicile
Va
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
25

Preparer

Firm
Cherry Bekaert Llp
Address
828 Main St Ste 1801, Lynchburg, VA 24504
Preparer
Samuel Johnson
Phone
4348476643
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“The process has not changed from the prior years.”

FORM 990, PAGE 4, LINE 34:

“The foundation was established to enhance the academic excellence of danville community college and improve the college's ability to serve its students.”

FORM 990, PAGES 7 & 10 PARTS VII AND IX LINE 5:

“Danville community college, a related organization, provides compensation to officers and key employees for services performed for the foundation as provided on form 990, part vii. This is reported as related organization contributions on part viii, line 1d of form 990, and salaries paid out on line 5 and 7, part ix of form 990. Compensation is determined by the board of the related organization danville community college and based on market values of comparable organizations.”

Financial Statement Notes

Part X, Line 2:

“Management has evaluated the effect of the guidance provided in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") on Accounting for Uncertainty in Income Taxes. Management believes that the Foundation continues to satisfy the requirements of a tax-exempt organization at June 30, 2017 and 2016. Management has evaluated all tax positions that could have a significant effect on the financial statements and determined that the Foundation had no uncertain income tax positions at June 30, 2017 and 2016.”

Part XI, Line 2D - Other Adjustments:

“Fundraising expense net of financial statement revenues 16,117.”

Part XII, Line 2D - Other Adjustments:

“Fundraising expense net of financial statement revenues 16,117.”

Raw XML AppendixShowing 400 of 643 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/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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25102001
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5INVESTMENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP OF INSTITUTIONAL ADVANC
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt016117
IRS990/FundraisingGrossIncomeAmt028255
IRS990/GainOrLossGrp/SecuritiesAmt096135
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GovernmentGrantsAmt0455340
IRS990/GrantAmt0277275
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0277275
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0277275
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01941605
IRS990/GrossReceiptsAmt02992389
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02397
IRS990/InsuranceGrp/TotalAmt02397
IRS990/InvestmentIncomeGrp/ExclusionAmt0150907
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0150907
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06513782
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07371817
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011137
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt011137
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01845470
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER AND PROMOTE GROWTH, PROGRESS, AND GENERAL WELFARE OF DANVILLE COMMUNITY COLLEGE AND THE VIRGINIA COMMUNITY COLLEGE SYSTEM. THE FOUNDATION IS COMMITTED TO PROVIDING ACCESS TO HIGHER EDUCATION FOR THE CITIZENS OF THE SURROUNDING COMMUNITIES AND TO THE SUPPORT OF EXCELLENCE IN THE COMMUNITY COLLEGE EDUCATIONAL PROGRAMMING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07705005
IRS990/NetAssetsOrFundBalancesEOYAmt08143301
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt096135
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt096135
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt012138
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012138
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0612016
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02901
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02901
IRS990/OfficeExpensesGrp/TotalAmt05802
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1DEVELOPMENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc2ALUMNI RELATIONS
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt073946
IRS990/OtherExpensesGrp/FundraisingAmt121020
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012608
IRS990/OtherExpensesGrp/ProgramServicesAmt0692048
IRS990/OtherExpensesGrp/TotalAmt0692048
IRS990/OtherExpensesGrp/TotalAmt173946
IRS990/OtherExpensesGrp/TotalAmt221020
IRS990/OtherExpensesGrp/TotalAmt312608
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04555050
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04669080
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0103180
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07460
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021728
IRS990/PrincipalOfficerNm0SHANNON HAIR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY COLLEGE INITIATIVES FOR THE DONATION OF LAND & BUILDING TO THE COMMONWEALTH OF VIRGINIA FOR USE BY DANVILLE COMMUNITY COLLEGE AND NUMEROUS OTHER PROJECTS AND PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt040702
IRS990/ProgSrvcAccomActy3Grp/Desc0SPORTS PROGRAMS AND TECHNOLOGICAL PROJECTS FOR THE STUDENTS AND FACULTY OF DANVILLE COMMUNITY COLLEGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0651346
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0672326
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0278531
IRS990/PYInvestmentIncomeAmt0178294
IRS990/PYOtherExpensesAmt0548295
IRS990/PYOtherRevenueAmt014813
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-27303
IRS990/PYSalariesCompEmpBnftPaidAmt065910
IRS990/PYTotalExpensesAmt0892736
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0865433
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-173720
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01109093
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0773231
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0871622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0672326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01166475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0823129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0688954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04222506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0150907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0141236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0125486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0129390
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0687968

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,166,776
Liabilities
$23,475
Net assets
$8,143,301
Revenue
$1,130,802
Expenses
$1,304,522
Net income
-$173,720
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.4$0.07$19.4$4.24$1.03$3.20
2023Detailed filing. Detailed filing data is available for this year.$14.8$0.07$14.8$0.77$1.14$0.37
2022Detailed filing. Detailed filing data is available for this year.$13.9$0.02$13.9$1.97$0.94$1.04
2021Detailed filing. Detailed filing data is available for this year.$14.6$0.05$14.6$0.95$1.03$0.08
2020Detailed filing. Detailed filing data is available for this year.$12.5$0.02$12.4$1.65$0.72$0.93
2019Detailed filing. Detailed filing data is available for this year.$11.3$0.14$11.2$1.65$1.01$0.63
2018Detailed filing. Detailed filing data is available for this year.$9.53$0.06$9.47$3.76$3.01$0.74
2017Detailed filing. Detailed filing data is available for this year.$8.17$0.02$8.14$1.13$1.30$0.17
2016Detailed filing. Detailed filing data is available for this year.$7.73$0.03$7.71$0.87$0.89$0.03
2015Detailed filing. Detailed filing data is available for this year.$8.09$0.04$8.05$2.49$1.39$1.10
2014Detailed filing. Detailed filing data is available for this year.$8.12$0.01$8.11$1.27$0.87$0.40
2013Summary only. Only limited summary data is available for this year.$7.15$0.02$7.12$0.99$0.82$0.17
2012Summary only. Only limited summary data is available for this year.$6.62$0.01$6.61$0.96$0.51$0.45
2011Summary only. Only limited summary data is available for this year.$6.03$0.05$5.98$1.37$0.84$0.53