Civic Intelligence

Danville Community College Educational Foundation Inc.

990 • Fiscal year 2018 • EIN 54-1213521

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

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

15th percentile

0.01x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

13th percentile

0.02x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$129,301

Higher top officer pay than 53% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

81st percentile

17%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

232%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$9,531,320

Up $1,364,544 (+17%) from 2017

Net Assets

Up

$9,474,288

Up $1,330,987 (+16%) from 2017

Liabilities

Up

$57,032

Up $33,557 (+143%) from 2017

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin77th percentile

Revenue

Up

$3,756,442

Up $2,625,640 (+232%) from 2017

Expenses

Up

$3,014,210

Up $1,709,688 (+131%) from 2017

Net Income

Up

$742,232

Up $915,952 (+527%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth81st 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

2018

Assets$9,531,320
Liabilities$57,032
Net Assets$9,474,288
Open 2018 Filing

Operations Trend

Revenue Growth97th 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

2018

Revenue$3,756,442
Expenses$3,014,210
Net Income$742,232
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$4,891,551
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$7,371,817$8,702,763▲ $1,330,946
Savings and Temporary Cash Investments$773,231$801,501▲ $28,270
Prepaid Expenses and Deferred Charges$21,728$27,056▲ $5,328
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$8,166,776$9,531,320▲ $1,364,544
Liabilities
Accounts Payable and Accrued Expenses$23,475$57,032▲ $33,557
Total Liabilities$23,475$57,032▲ $33,557
Net Assets / Fund Balance
Permanently Rstr Net Assets$4,669,080$5,757,845▲ $1,088,765
Temporarily Rstr Net Assets$2,836,878$3,203,533▲ $366,655
Unrestricted Net Assets$637,343$512,910▼ $124,433
Total Net Assets Fund Balance$8,143,301$9,474,288▲ $1,330,987
Total Liabilities and Net Assets / Fund Balance$8,166,776$9,531,320▲ $1,364,544

Asset Categories

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

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$5,903,369$1,063,765▲ $616,107$148,545$7,398,303
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
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Shannon HairEXECUTIVE DIRECTOR; DCC VP OF ADVANCEMENTFT$129,301$129,301

Board Members and Trustees

NameTitle
Elizabeth SpainhourChair
Scott BatsonImmediate Past Chair
Dr Bruce R ScismDirector, College President
Brooks Powell IiiVice Chair
Albert L Payne DdsDirector
Bobbye Raye WomackDirector
Dan FarmerDirector
Denise H Whittle DerhemDirector
Ed Fitzgerald IvDirector
Eddie HerndronDirector
Harry T KolendrianosDirector
John W CollinsDirector
Kevin KeysDirector
Landon WyattDirector
Paul FoxDirector
Shahnaz AhmedDirector
Ted HodgesDirector
Tommy PruettDirector
Gene HayesSecretary
Nan FreedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,514,614
Program Service Revenue
$0
Investment Income
$230,205
Other Revenue
$11,623
All Other Contributions
$1,357,532
Change in Net Assets
$742,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,756,442
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$759,904
Total Revenue per Audited Statements
$4,516,346
Total Revenue per Form 990
$3,756,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,639,423
Other Expenses$374,787
Total Fundraising Expense$189,634
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,373,293--$2,373,293
Grants to Domestic Individuals$266,130--$266,130
Conferences and Meetings-$54,418-$54,418
Fees for Service Investment Mgmnt Fees-$48,268-$48,268
Advertising--$31,198$31,198
Fees for Services Other-$29,477-$29,477
Other Expenses-$20,545$146,627$20,545
Office Expenses-$4,110$4,109$8,219
All Other Expenses-$337$7,700$8,037
Insurance-$1,984-$1,984
Total Functional Expenses$2,639,423$185,153$189,634$3,014,210

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,185,359
Expenses per Audited Statements$3,014,210
Total Expenses per Form 990$3,014,210
Expenses Not Reported on Form 990$171,149
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Danville Community CollegeDanville, VA170(c)(1)Special Project Expenses$2,373,293
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,437
Fundraising Direct Expenses$22,814
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$34,437$34,437$22,814$11,623
Total Events$34,437$34,437$22,814$11,623
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
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Hair
Formed
1982
Legal Domicile
Va
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
828 MAIN ST STE 1801, LYNCHBURG, VA 24504
Preparer
Amanda Adams
Phone
4348476643
Supplemental Narrative

Additional Explanations

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 V, LINE 4:

“The foundation's endowments consists of approximately 100 individual funds established primarily for scholarships including both donor-restricted endowment funds and funds designated by the foundation's board of directors to function as endowments.”

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, 2018 and 2017. 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, 2018 and 2017.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense net of financial statement revenues 22,814.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense net of financial statement revenues 22,814.”

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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/ReportableCompFromRltdOrgAmt20101283
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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, COLLEGE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR; DCC VP OF ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt022814
IRS990/FundraisingGrossIncomeAmt034437
IRS990/GainOrLossGrp/SecuritiesAmt066900
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt02157082
IRS990/GrantAmt0266130
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0266130
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0266130
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02373293
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02373293
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01179195
IRS990/GrossReceiptsAmt04891551
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01984
IRS990/InsuranceGrp/TotalAmt01984
IRS990/InvestmentIncomeGrp/ExclusionAmt0163305
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0163305
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07371817
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08702763
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011137
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt011137
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01112295
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/NetAssetsOrFundBalancesBOYAmt08143301
IRS990/NetAssetsOrFundBalancesEOYAmt09474288
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt066900
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt066900
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt011623
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011623
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0588755
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt04109
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04110
IRS990/OfficeExpensesGrp/TotalAmt08219
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT EXPENSES
IRS990/OtherExpensesGrp/Desc1SHARED SERVICES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0146627
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026014
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120545
IRS990/OtherExpensesGrp/TotalAmt0146627
IRS990/OtherExpensesGrp/TotalAmt126014
IRS990/OtherExpensesGrp/TotalAmt220545
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04669080
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05757845
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021728
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027056
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/ExpenseAmt039374
IRS990/ProgSrvcAccomActy2Grp/GrantAmt039374
IRS990/ProgSrvcAccomActy3Grp/Desc0SPORTS PROGRAMS AND TECHNOLOGICAL PROJECTS FOR THE STUDENTS AND FACULTY OF DANVILLE COMMUNITY COLLEGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02333919
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02333919
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0871622
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0277275
IRS990/PYInvestmentIncomeAmt0247042
IRS990/PYOtherExpensesAmt0957242
IRS990/PYOtherRevenueAmt012138
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-173720
IRS990/PYSalariesCompEmpBnftPaidAmt070005
IRS990/PYTotalExpensesAmt01304522
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01130802
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0742232
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0773231
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0801501
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03514614
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0871622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0672326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01166475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0823129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07048166
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0148335
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0140403
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0136853
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0136853
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0126191
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0688635
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0163305
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0150907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0141236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0140949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0125486
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0721883
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07214
IRS990ScheduleA/PublicSupportCY170Pct00.47380
IRS990ScheduleA/PublicSupportPY170Pct00.79970
IRS990ScheduleA/PublicSupportTotal170Amt04007717
IRS990ScheduleA/SubstantialContributorsTotAmt03729084
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03662949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01012025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0809179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01303328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0949320
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07736801
IRS990ScheduleA/TotalSupportAmt08458684
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.01510
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt036393
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05903369
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01063765
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07398303
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0616107
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0148545
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt033904
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05372604
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0114030
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05903369
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0655419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0204780
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt04624
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05532845
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0101082
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05372604
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-102667
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0154032

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,531,320
Liabilities
$57,032
Net assets
$9,474,288
Revenue
$3,756,442
Expenses
$3,014,210
Net income
$742,232
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