Civic Intelligence

Nash Community College Foundation Inc

EIN 58-1587982 • 501(c)3 • Rocky Mount, NC

Profile

The nash community college foundation, inc. Was established in 1983 to increase community awareness, raise funds for the student scholarship program, and to help meet the needs of nash community college.

PO Box 7488Rocky Mount, NC 27804

www.nashcc.edu

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

Higher debt load relative to assets than 77% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.01x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2025

Net Margin

83rd percentile

73%

Higher net margin than 83% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE T • $10M-$25M nonprofits • Source year 2025

Asset Growth

82nd percentile

17%

Faster asset growth than 82% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

45th percentile

15%

Faster revenue growth than 45% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$14,719,715

Up $2,103,440 (+17%) from 2024

Liabilities

Down

$24,749

Down $2,015 (-7.5%) from 2024

Net Assets

Up

$14,694,966

Up $2,105,455 (+17%) from 2024

Operations
Liabilities / Revenue75th percentileNet Margin83rd percentile

Revenue

Up

$2,898,852

Up $377,334 (+15%) from 2024

Expenses

Up

$793,397

Up $87,480 (+12%) from 2024

Net Income

Up

$2,105,455

Up $289,854 (+16%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$15M$10M$5.0M$0Assets 2010: $436,964Liabilities 2010: $0Net Assets 2010: $436,9642010Assets 2011: $3,830,897Liabilities 2011: $200Net Assets 2011: $3,830,6972011Assets 2012: $3,748,604Liabilities 2012: $67Net Assets 2012: $3,748,5372012Assets 2013: $4,131,554Liabilities 2013: $0Net Assets 2013: $4,131,5542013Assets 2014: $4,745,570Liabilities 2014: $381Net Assets 2014: $4,745,1892014Assets 2015: $4,660,387Liabilities 2015: $19Net Assets 2015: $4,660,3682015Assets 2016: $4,767,515Liabilities 2016: $2,954Net Assets 2016: $4,764,5612016Assets 2017: $5,443,757Liabilities 2017: $16,422Net Assets 2017: $5,427,3352017Assets 2018: $5,921,440Liabilities 2018: $7,759Net Assets 2018: $5,913,6812018Assets 2019: $6,387,320Liabilities 2019: $7,727Net Assets 2019: $6,379,5932019Assets 2020: $6,672,614Liabilities 2020: $2,957Net Assets 2020: $6,669,6572020Assets 2021: $9,316,373Liabilities 2021: $4,400Net Assets 2021: $9,311,9732021Assets 2022: $8,100,200Liabilities 2022: $9,434Net Assets 2022: $8,090,7662022Assets 2023: $10,783,240Liabilities 2023: $9,330Net Assets 2023: $10,773,9102023Assets 2024: $12,616,275Liabilities 2024: $26,764Net Assets 2024: $12,589,5112024Assets 2025: $14,719,715Liabilities 2025: $24,749Net Assets 2025: $14,694,9662025

Highlighted filing

2025

Assets$14,719,715
Liabilities$24,749
Net Assets$14,694,966
Open 2025 Filing

Operations Trend

Revenue Growth45th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $642,0782010Revenue 2011: $1,669,254Expenses 2011: $612,208Net Income 2011: $1,057,0462011Expenses 2012: $511,2582012Expenses 2013: $367,4672013Revenue 2014: $694,490Expenses 2014: $485,520Net Income 2014: $208,9702014Revenue 2015: $789,748Expenses 2015: $649,711Net Income 2015: $140,0372015Revenue 2016: $490,003Expenses 2016: $427,810Net Income 2016: $62,1932016Revenue 2017: $1,075,904Expenses 2017: $403,130Net Income 2017: $672,7742017Revenue 2018: $997,016Expenses 2018: $510,670Net Income 2018: $486,3462018Revenue 2019: $1,109,980Expenses 2019: $644,068Net Income 2019: $465,9122019Revenue 2020: $949,081Expenses 2020: $659,017Net Income 2020: $290,0642020Revenue 2021: $3,232,351Expenses 2021: $590,035Net Income 2021: $2,642,3162021Revenue 2022: -$601,038Expenses 2022: $620,169Net Income 2022: -$1,221,2072022Revenue 2023: $3,746,461Expenses 2023: $1,063,317Net Income 2023: $2,683,1442023Revenue 2024: $2,521,518Expenses 2024: $705,917Net Income 2024: $1,815,6012024Revenue 2025: $2,898,852Expenses 2025: $793,397Net Income 2025: $2,105,4552025

Highlighted filing

2025

Revenue$2,898,852
Expenses$793,397
Net Income$2,105,455
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,719,715
Liabilities
$24,749
Net assets
$14,694,966
Revenue
$2,898,852
Expenses
$793,397
Net income
$2,105,455
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.7$0.02$14.7$2.90$0.79$2.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$0.03$12.6$2.52$0.71$1.82
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.01$10.8$3.75$1.06$2.68
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.01$8.09$0.60$0.62$1.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.32$0.00$9.31$3.23$0.59$2.64
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$0.00$6.67$0.95$0.66$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.39$0.01$6.38$1.11$0.64$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.92$0.01$5.91$1.00$0.51$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.44$0.02$5.43$1.08$0.40$0.67
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.00$4.76$0.49$0.43$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$0.79$0.65$0.14
2014Summary only. Only limited summary data is available for this year.$4.75$0.00$4.75$0.69$0.49$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.00$4.13$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.00$3.75$0.51
2011Summary only. Only limited summary data is available for this year.$3.83$0.00$3.83$1.67$0.61$1.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$8,162,869
Mission and Program Overview

Mission

The nash community college foundation, inc. Was established in 1983 to increase community awareness, raise funds for the student scholarship program, and to help meet the needs of nash community college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,695,166$14,193,067▲ $2,497,901
Savings and Temporary Cash Investments$505,097$388,934▼ $116,163
Pledges and Grants Receivable$416,012$137,714▼ $278,298
Total Assets$12,616,275$14,719,715▲ $2,103,440
Liabilities
Escrow Account Liability$17,124$24,749▲ $7,625
Accounts Payable and Accrued Expenses$9,640--
Total Liabilities$26,764$24,749▼ $2,015
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,266,004$14,419,244▲ $2,153,240
Net Assets Without Donor Restrictions$323,507$275,722▼ $47,785
Total Net Assets Fund Balance$12,589,511$14,694,966▲ $2,105,455
Total Liabilities and Net Assets / Fund Balance$12,616,275$14,719,715▲ $2,103,440

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$11,852,095$1,235,296▲ $1,468,108-$14,283,662
2023$10,057,154$420,841▲ $1,540,216-$11,852,095
2022$7,838,308$1,712,229▲ $746,736-$10,057,154
2021$8,869,437$288,628▼ $1,121,224-$7,838,308
2020$6,346,921$793,439▲ $1,931,723-$8,869,437
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Timothy OakleyPast President
Brian HutsonPresident
Alan MooreTrustee
Ann CollierTrustee
Brandon GallionTrustee
Donna ReamsTrustee
Donnell BattleTrustee
Dr Latoya MccurdyTrustee
Dr Robert E Zipf JrTrustee
Elizabeth TownsendTrustee
Evan ChavezTrustee
James a MercerTrustee
Lank Dunton IiiTrustee
Marbeth HolmesTrustee
Paul S JaberTrustee
Robin LathamTrustee
Robyn PerkersonTrustee
Russell L Proctor IiiTrustee
Steve PinkstonTrustee
W Craig WorthyTrustee
Will KornegayTrustee
Lyn C BrownSecretary
R Lee CurrinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,341,705
Program Service Revenue
$0
Investment Income
$1,487,443
Other Revenue
$69,704
All Other Contributions
$1,341,705
Change in Net Assets
$2,105,455

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported Amount
Books and Publications$38,972
Total Noncash Contributions$38,972

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,898,852
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,898,852
Total Revenue per Form 990
$2,898,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$419,678
Other Expenses$189,493
Salaries, Compensation, and Employee Benefits$184,226
Total Fundraising Expense$151,103
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$419,678--$419,678
Other Salaries and Wages-$105,430$78,796$184,226
Fees for Service Investment Mgmnt Fees-$54,195-$54,195
Other Expenses-$9,191$25,222$9,191
Fees for Services Accounting-$8,500-$8,500
All Other Expenses-$6,989-$6,989
Information Technology-$5,805-$5,805
Insurance-$3,995-$3,995
Travel-$1,004-$1,004
Total Functional Expenses$419,678$222,616$151,103$793,397

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$793,397
Total Expenses per Audited Statements$793,397
Total Expenses per Form 990$793,397
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nash Community ColllegeRocky Point, NC-Scholarships and Program Support$419,678
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,704
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Shooting and Auction Events$40,015$40,015-$40,015
Golf Tourmanent Event$29,689$29,689-$29,689
Total Events$69,704$69,704-$69,704
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The treasurer and executive director review the form 990 and all supporting schedules prior to submission.”

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

“Board members are instructed tp notify the foundation of any conflicts of interest that arise. The foundation monitors any conflicts on interest situations for compliance with our policy.”

Form 990, Part VI, Section C, Line 19

“Documentation is made available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Nash Community College Foundation Inc
EIN
58-1587982
Phone
2524434011
Address
PO BOX 7488, ROCKY MOUNT, NC 27804

Signing Officer

Name
R Leecurrin
Title
Treasurer
Phone
2524434011
Signed
2025-11-12

Organization Details

Principal Officer
R Lee Currin
Formed
1983
Legal Domicile
Nc
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
0

Preparer

Firm
Thompson Price Scott Adams & Co
Address
4024 OLEANDER DRIVE SUITE 3, WILMINGTON, NC 28403
Preparer
Gregory S Adams
Phone
9107994872
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The foundation selected other auditor in the fiscal year 2024.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from federal and state income taxation under the provisions of section 501 (c) (3) of the internal revenue code ("irc"). In accordance with irc regulations, the foundation is taxed on unrelated business income, which consists of earning from activities not related to the exempt purpose of the foundation. The foundation accounts for tax uncertainties based on a more likely than not recognition threshold whereby tax benefits are only recognized when the foundation believes that they have a greater than 50% likelihood of being sustained upon examination by taxing authoritities. The foundation has evaluated all tax positions and determined that it has no uncertain income tax positions as of june 30, 2024.”

Part IV, Line 1B

“Scholarship money is deposited with the foundation for specific students.”

Part IV, Line 2B

“Scholarship money is deposited with the foundation for specific students.”

Part V, Line 4

“Endowment funds and their earnings are used to provide scholarships and other support to nash community college”

Part X

“The foundation is exempt from federal and state income taxation under the provisions of section 501(3) of the internal revenue code ("irc"). In accordance with irc regulations, the foundation is taxed on unrelated business income, which consists of earnings from activities not related to the exempt purpose of the foundation. The foundation accounts for tax uncertainties based on a more likely than not recognition threshold whereby tax benefits are only recognized when the foundation believes that they have a greater than 50% likelihood of being sustained upon examination by taxing authorities. The foundation has evaluated all tax positions and determined that it has no uncertain income tax positions as of june 30, 2024.”

Raw XML AppendixShowing 400 of 595 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09640
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE.
IRS990/AllOtherContributionsAmt01341705
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06989
IRS990/AllOtherExpensesGrp/TotalAmt06989
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 7488
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IRS990/Form990PartVIISectionAGrp/PersonNm13TIMOTHY OAKLEY
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IRS990/Form990PartVIISectionAGrp/PersonNm19DR ROBERT E ZIPF JR
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IRS990/Form990PartVIISectionAGrp/PersonNm21ANN COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm22BRANDON GALLION
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IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
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