Civic Intelligence

Sandhills Community College Foundation Inc

EIN 56-0946799 • 501(c)3 • Pinehurst, NC

Profile

Founded in 1969, the sandhills community college foundation, inc. Is a 501(c)3 non-profit corporation whose purpose is to promote the mission of sandhills community college in the community and seek financial support from the community. The foundation ensures that donated funds are invested wisely and disbursed in ways that contribute to the ongoing excellence of sandhills community college. The scc foundation was the first community college foundation in north carolina.

3395 Airport RoadPinehurst, NC 28374

sandhills.edu/SANDHILLS-COMMUNITY-COLLEGE-FOUNDAT

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.02x

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.17x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$168,222

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$52,985,109

Up $6,470,940 (+14%) from 2023

Liabilities

Up

$1,073,286

Up $18,678 (+1.8%) from 2023

Net Assets

Up

$51,911,823

Up $6,452,262 (+14%) from 2023

Operations
Liabilities / Revenue31st percentileNet Margin83rd percentile

Revenue

Up

$6,336,883

Up $2,565,498 (+68%) from 2023

Expenses

Up

$4,321,871

Up $549,408 (+15%) from 2023

Net Income

Up

$2,015,012

Up $2,016,090 (+187021%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $17,851,698Liabilities 2011: $1,327,209Net Assets 2011: $16,524,4892011Assets 2012: $18,929,885Liabilities 2012: $1,564,805Net Assets 2012: $17,365,0802012Assets 2013: $20,766,315Liabilities 2013: $1,376,485Net Assets 2013: $19,389,8302013Assets 2014: $23,625,533Liabilities 2014: $1,264,283Net Assets 2014: $22,361,2502014Assets 2015: $24,915,920Liabilities 2015: $1,268,350Net Assets 2015: $23,647,5702015Assets 2016: $24,310,528Liabilities 2016: $1,233,847Net Assets 2016: $23,076,6812016Assets 2017: $26,185,189Liabilities 2017: $1,166,577Net Assets 2017: $25,018,6122017Assets 2018: $28,269,913Liabilities 2018: $1,061,374Net Assets 2018: $27,208,5392018Assets 2019: $33,611,689Liabilities 2019: $1,158,012Net Assets 2019: $32,453,6772019Assets 2020: $36,171,060Liabilities 2020: $1,133,695Net Assets 2020: $35,037,3652020Assets 2021: $46,350,941Liabilities 2021: $1,158,702Net Assets 2021: $45,192,2392021Assets 2022: $43,423,719Liabilities 2022: $986,733Net Assets 2022: $42,436,9862022Assets 2023: $46,514,169Liabilities 2023: $1,054,608Net Assets 2023: $45,459,5612023Assets 2024: $52,985,109Liabilities 2024: $1,073,286Net Assets 2024: $51,911,8232024

Highlighted filing

2024

Assets$52,985,109
Liabilities$1,073,286
Net Assets$51,911,823
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,374,774Expenses 2011: $2,110,791Net Income 2011: $2,263,9832011Revenue 2012: $3,412,019Expenses 2012: $2,578,340Net Income 2012: $833,6792012Revenue 2013: $4,568,401Expenses 2013: $2,557,085Net Income 2013: $2,011,3162013Revenue 2014: $5,507,623Expenses 2014: $2,552,327Net Income 2014: $2,955,2962014Revenue 2015: $4,276,506Expenses 2015: $3,043,144Net Income 2015: $1,233,3622015Revenue 2016: $2,325,857Expenses 2016: $2,919,529Net Income 2016: -$593,6722016Revenue 2017: $4,930,090Expenses 2017: $3,012,577Net Income 2017: $1,917,5132017Revenue 2018: $5,557,215Expenses 2018: $3,367,288Net Income 2018: $2,189,9272018Revenue 2019: $8,642,155Expenses 2019: $3,397,017Net Income 2019: $5,245,1382019Revenue 2020: $5,614,104Expenses 2020: $3,566,852Net Income 2020: $2,047,2522020Revenue 2021: $6,679,638Expenses 2021: $3,458,547Net Income 2021: $3,221,0912021Revenue 2022: $5,563,864Expenses 2022: $3,576,321Net Income 2022: $1,987,5432022Revenue 2023: $3,771,385Expenses 2023: $3,772,463Net Income 2023: -$1,0782023Revenue 2024: $6,336,883Expenses 2024: $4,321,871Net Income 2024: $2,015,0122024

Highlighted filing

2024

Revenue$6,336,883
Expenses$4,321,871
Net Income$2,015,012
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,985,109
Liabilities
$1,073,286
Net assets
$51,911,823
Revenue
$6,336,883
Expenses
$4,321,871
Net income
$2,015,012
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.0$1.07$51.9$6.34$4.32$2.02
2023Detailed filing. Detailed filing data is available for this year.$46.5$1.05$45.5$3.77$3.77$0.00
2022Detailed filing. Detailed filing data is available for this year.$43.4$0.99$42.4$5.56$3.58$1.99
2021Detailed filing. Detailed filing data is available for this year.$46.4$1.16$45.2$6.68$3.46$3.22
2020Detailed filing. Detailed filing data is available for this year.$36.2$1.13$35.0$5.61$3.57$2.05
2019Detailed filing. Detailed filing data is available for this year.$33.6$1.16$32.5$8.64$3.40$5.25
2018Summary only. Only limited summary data is available for this year.$28.3$1.06$27.2$5.56$3.37$2.19
2017Summary only. Only limited summary data is available for this year.$26.2$1.17$25.0$4.93$3.01$1.92
2016Summary only. Only limited summary data is available for this year.$24.3$1.23$23.1$2.33$2.92$0.59
2015Summary only. Only limited summary data is available for this year.$24.9$1.27$23.6$4.28$3.04$1.23
2014Summary only. Only limited summary data is available for this year.$23.6$1.26$22.4$5.51$2.55$2.96
2013Summary only. Only limited summary data is available for this year.$20.8$1.38$19.4$4.57$2.56$2.01
2012Summary only. Only limited summary data is available for this year.$18.9$1.56$17.4$3.41$2.58$0.83
2011Summary only. Only limited summary data is available for this year.$17.9$1.33$16.5$4.37$2.11$2.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$10,953,779
Mission and Program Overview

Mission

Founded in 1969, the sandhills community college foundation, inc. Is a 501(c)3 non-profit corporation whose purpose is to promote the mission of sandhills community college in the community and seek financial support from the community. The foundation ensures that donated funds are invested wisely and disbursed in ways that contribute to the ongoing excellence of sandhills community college. The scc foundation was the first community college foundation in north carolina.

Promote and support the mission of sandhills community college by raising funds from the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$42,887,948$50,949,026▲ $8,061,078
Rtn Earn Endowment Incm Other Fnds$43,545,000$49,980,351▲ $6,435,351
Cap Stk Tr Prin Current Funds$1,914,561$1,931,472▲ $16,911
Cash and Non-Interest-Bearing Accounts$3,551,042$1,894,258▼ $1,656,784
Savings and Temporary Cash Investments$56,950$127,906▲ $70,956
Accounts Receivable$13,307$7,396▼ $5,911
Pledges and Grants Receivable$4,922$6,523▲ $1,601
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$46,514,169$52,985,109▲ $6,470,940
Liabilities
Other Liabilities$1,054,608$1,073,286▲ $18,678
Total Liabilities$1,054,608$1,073,286▲ $18,678
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,459,561$51,911,823▲ $6,452,262
Total Liabilities and Net Assets / Fund Balance$46,514,169$52,985,109▲ $6,470,940

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$50,282,186--
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleOtherTotal
Dr Alexander Mcleod StewartPresident Sandhills Community College$138,078$138,078

Board Members and Trustees

NameTitle
Jj JacksonBoard Chair
John WilliamsDevelopment Committee Chair
Larry CaddellTrustee Chair
Jon GilesBoard Vice Chair
Dr David FarmerExecutive Vice President of Operations
Arlene DiosegyDirector
Bob LovellDirector
Bob MccannDirector
Cathy MilliganDirector
Charlie MeyerDirector
Dave WeissDirector
David WoronoffDirector
Dick PhelpsDirector
Dr Nancy EllisDirector
Dr Pamela GuestDirector
Helen Probst MillsDirector
Irish PickettDirector
Jeff YowDirector
Kathy JohnsonDirector
Kathy McphersonDirector
Konni McmurrayDirector
Liz SkvarlaDirector
Mary CloonanDirector
Mary Margaret McneillDirector
Meredith CliftonDirector
Pat MolamphyDirector
Penny EnrothDirector
Rev Dr Paul MurphyDirector
Rita DinapoliDirector
Rosa RonalterDirector
Sally Bold FrickDirector
Susan FletcherDirector
Terry BrownDirector
Tom BeddowDirector
Elizabeth ThomasDirector of Finance
Dr Germaine ElkinsDirector of Foundation
Linda BranchSecretary
Stan BradshawTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,852,134
Program Service Revenue
$0
Investment Income
$2,374,492
Other Revenue
$110,257
All Other Contributions
$3,852,134
Change in Net Assets
$2,015,012

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 AmountValuation Method
Securities Publicly Traded6$142,205Fair Market Value (FMV)
Total Noncash Contributions6$142,205-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,336,723
Revenue Not Reported on Financial Statements
$160
Revenue Not Reported on Form 990
$5,083,958
Total Revenue per Audited Statements
$11,420,681
Total Revenue per Form 990
$6,336,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,131,645
Other Expenses$1,582,676
Salaries, Compensation, and Employee Benefits$607,550
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,465,966--$1,465,966
Office Expenses$1,206,802$53,526-$1,260,328
Grants to Domestic Orgs$665,679--$665,679
Other Salaries and Wages$446,970$11,084-$458,054
Other Expenses$97,026$122,723-$97,026
Pension Plan Contributions$78,765$2,722-$81,487
Travel$2,764$75,803-$78,567
Other Employee Benefits$39,312$1,912-$41,224
Payroll Taxes$25,967$818-$26,785
Advertising$15,423--$15,423
Fees for Services Other$2,375$6,074-$8,449
Fees for Service Investment Mgmnt Fees-$160-$160
Total Functional Expenses$4,047,049$274,822$0$4,321,871

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,968,419
Total Expenses per Form 990$4,321,871
Expenses per Audited Statements$4,321,711
Expenses Not Reported on Form 990$646,708
Expenses Not Reported on Financial Statements$160
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sandhills Community CollegePinehurst, NC501(c)(3)Financial Support$665,679
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,055
Fundraising Direct Expenses$33,080
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$67,055$67,055$33,080$33,975
Total Events$67,055$67,055$33,080$33,975
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Payable$1,073,286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with authority to act on behalf of the governing body.”

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

“A copy of the form 990 is presented to board members prior to being filed.”

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

“When a conflict of interest is relevant to a matter requiring action by the board of directors, the interested person shall call it to the attention of the board of directors and that person shall not vote on the matter. Additionally, that person shall not participate in the final deliberation or decision regarding the matter under consideration and shall retire from the room during the vote of the board of directors. When there is doubt as to whether a conflict exists, the matter shall be resolved by vote of the board of directors, excluding the person concerning the situation of doubt has arisen.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sandhills Community College Foundation
EIN
56-0946799
Phone
9106953706
Address
3395 AIRPORT ROAD, PINEHURST, NC 28374

Signing Officer

Name
Dr Alexander M Stewart
Title
President
Phone
9106953706
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Alexander M Stewart
Formed
1969
Legal Domicile
Nc
Voting Board Members
35
Independent Board Members
35
Employees
0
Volunteers
60

Preparer

Firm
Thomas Judy & Tucker Pa
Address
404 HUNT STREET SUITE 100, DURHAM, NC 27701
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Neither process has changed from the prior year”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 33,080.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 33,080.”

Raw XML AppendixShowing 400 of 840 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/PersonNm19JON GILES
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt20DEVELOPMENT COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR OF FOUNDATION
IRS990/Form990PartVIISectionAGrp/TitleTxt36PRESIDENT SANDHILLS COMMUNITY COLLEGE
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt38EXECUTIVE VICE PRESIDENT OF OPERATIONS
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