Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
990 • Fiscal year 2024 • EIN 58-1640133
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
11th percentile
Higher debt load relative to revenue than 11% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
27th percentile
Higher top officer pay than 27% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Assets
Up$7,083,949
Up $533,205 (+8.1%) from 2023
Net Assets
Up$7,080,576
Up $537,559 (+8.2%) from 2023
Liabilities
Down$3,373
Down $4,354 (-56%) from 2023
Revenue
Down$1,280,405
Down $7,472 (-0.6%) from 2023
Expenses
Down$1,226,844
Down $33,231 (-2.6%) from 2023
Net Income
Up$53,561
Up $25,759 (+93%) from 2023
To provide support to fayetteville technical community college for scholarships, grants, and capital items to support education at ftcc.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $5,341,782 | $6,004,686 | ▲ $662,904 |
| Savings and Temporary Cash Investments | $1,206,489 | $1,074,137 | ▼ $132,352 |
| Accounts Receivable | $2,473 | $5,126 | ▲ $2,653 |
| Total Assets | $6,550,744 | $7,083,949 | ▲ $533,205 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $7,727 | $3,373 | ▼ $4,354 |
| Total Liabilities | $7,727 | $3,373 | ▼ $4,354 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $6,018,983 | $6,499,939 | ▲ $480,956 |
| Net Assets Without Donor Restrictions | $524,034 | $580,637 | ▲ $56,603 |
| Total Net Assets Fund Balance | $6,543,017 | $7,080,576 | ▲ $537,559 |
| Total Liabilities and Net Assets / Fund Balance | $6,550,744 | $7,083,949 | ▲ $533,205 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $5,493,185 | $130,986 | ▼ $824,124 | - | $4,651,326 |
| 2021 | $4,099,338 | $396,007 | ▲ $1,096,629 | - | $5,493,185 |
| 2020 | $3,959,458 | $135,956 | ▲ $141,225 | - | $4,099,338 |
| Name | Title |
|---|---|
| Jay Dowdy | Chair |
| Dixon Soffe | Vice Chair |
| Alex Keith | Director |
| Bill Hedgepeth | Director |
| Brad Hurley | Director |
| Carolyn Armstrong | Director |
| Charles Ben Chambers | Director |
| Chris Bullard | Director |
| Cody Hopper | Director |
| Dick Fox | Director |
| Donna Lloyd | Director |
| Gerald Gordner | Director |
| Jamie Harrell Terracciano | Director |
| Linsay Whitley | Director |
| Lisa Scales | Director |
| Maria Adams | Director |
| Rani Juneja | Director |
| Richard Craven | Director |
| Sheel Patel | Director |
| Tim Price | Director |
| Whitaker Grannis Iii | Assistant Tr |
| Sandra Ammons | Executive Di |
| Dr Mark Sorrells | Ftcc Preside |
| Greg Whitley | Past Preside |
| Donna Dawkins | Treasurer |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Other Non Cash Contri Table | 1 | $27,413 |
| Total Noncash Contributions | 1 | $27,413 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,226,844 |
| Total Fundraising Expense | $34,940 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $177,330 | $52,160 | $34,940 | $264,430 |
| Other Expenses | $90,760 | - | - | $90,760 |
| Fees for Service Investment Mgmnt Fees | - | $27,146 | - | $27,146 |
| Fees for Services Accounting | - | $5,500 | - | $5,500 |
| Office Expenses | - | $940 | - | $940 |
| Total Functional Expenses | $1,106,158 | $85,746 | $34,940 | $1,226,844 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,226,844 |
| Total Expenses per Audited Statements | $1,226,844 |
| Total Expenses per Form 990 | $1,226,844 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Engagement partner provides information and asks for questions regarding 990 content to board of directors.”
“Directors are required to disclose any conflicts of interest on an annual basis. Organization follows up and takes action on any applicable conflicts of interest.”
“Employees are not paid directly from the foundation. Compensation is through fayetteville technical community college and is approved for all employees by the board of trustees. The foundation has recently shared in some wage costs and reimbursed the college. The reimbursement was approved by the board of directors of the foundation. This process was discontinued during the fiscal year ended june 30, 2014. The college now pays 100% of these personnel costs.”
“Employees are not paid directly from the foundation. Compensation is through fayetteville technical community college and is approved for all employees by the board of trustees. The foundation has recently shared in some wage costs and reimbursed the college. The reimbursement was approved by the board of directors of the foundation. This process was discontinued during the fiscal year ended june 30, 2014. The college now pays 100% of these personnel costs.”
“AVAILABLE UPON REQUEST.”
“Part time volunteers are used for special foundation events/fundraisers.”
“Inventory 54,704 0 0 travel 49,463 0 0 catering and meals 7,527 5,646 24,464 miscellaneous 0 30,212 0 equipment 29,499 0 0 transferred to ftcc 27,413 0 0 fund raising events 0 0 10,476 student assistance 5,701 0 0 public relations 0 4,552 0 dues 0 4,072 0 bank fees 0 3,444 0 plaques and awards 0 3,259 0 faculty assistance 2,348 0 0 computer software 0 724 0 honorariums and stipends 675 0 0 licenses 0 251 0 total 177,330 52,160 34,940”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 7727 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 3373 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2473 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5126 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AT FTCC. |
| IRS990/AllOtherContributionsAmt | 0 | 1066657 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 34940 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 52160 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 177330 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 264430 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | FTCC FOUNDATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9106788441 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 35236 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28303 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1066657 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 213748 |
| IRS990/CYOtherExpensesAmt | 0 | 1226844 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 53561 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1226844 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 34940 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1280405 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AND THE STUDENT EXPERIENCE AT FTCC. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6018983 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6499939 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1106158 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5500 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 27146 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 27146 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 23 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARIA ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CAROLYN ARMSTRONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRIS BULLARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHARLES BEN CHAMBERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RICHARD CRAVEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DONNA DAWKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JAY DOWDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DICK FOX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | GERALD GORDNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | BILL HEDGEPETH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CODY HOPPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BRAD HURLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | WHITAKER GRANNIS III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | RANI JUNEJA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ALEX KEITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | DONNA LLOYD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | SHEEL PATEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | TIM PRICE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | LISA SCALES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | DIXON SOFFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | DR MARK SORRELLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | JAMIE HARRELL TERRACCIANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | GREG WHITLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | LINSAY WHITLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | SANDRA AMMONS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | ASSISTANT TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | FTCC PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 25 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1280405 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 25 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 213748 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 213748 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 5341782 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 6004686 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AT FTCC. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6543017 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7080576 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 483998 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 524034 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 580637 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 27413 |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 940 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 940 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | GRANT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | ENDOWED SCHOLARSHIPS |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES AND EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | ANNUAL SCHOLARSHIPS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 561338 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 174687 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 102043 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 90760 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 561338 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 174687 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 102043 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 90760 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JAY DOWDY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1161023 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 126854 |
| IRS990/PYOtherExpensesAmt | 0 | 1260075 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 27802 |
| IRS990/PYTotalExpensesAmt | 0 | 1260075 |
| IRS990/PYTotalRevenueAmt | 0 | 1287877 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 53561 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1206489 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1074137 |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | MARKET VALUE GAIN 1,858 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1066657 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1161023 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 927499 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1239054 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 436526 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4830759 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 97675 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 77257 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20605 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 195537 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 538966 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1858 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 1858 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.81610 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63470 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4103448 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 727311 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1066657 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1161023 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 927499 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1239054 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 436526 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4830759 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5028154 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 26314 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 5493185 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 130986 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 4651326 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 122407 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -824124 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 23619 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 4099338 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 396007 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 5493185 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 75170 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 1096629 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 20164 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3959458 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 135956 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 4099338 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 117137 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 141225 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1226844 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1280405 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1226844 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1280405 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1280405 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1226844 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 27413 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PART TIME VOLUNTEERS ARE USED FOR SPECIAL FOUNDATION EVENTS/FUNDRAISERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ENGAGEMENT PARTNER PROVIDES INFORMATION AND ASKS FOR QUESTIONS REGARDING 990 CONTENT TO BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. ORGANIZATION FOLLOWS UP AND TAKES ACTION ON ANY APPLICABLE CONFLICTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EMPLOYEES ARE NOT PAID DIRECTLY FROM THE FOUNDATION. COMPENSATION IS THROUGH FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE AND IS APPROVED FOR ALL EMPLOYEES BY THE BOARD OF TRUSTEES. THE FOUNDATION HAS RECENTLY SHARED IN SOME WAGE COSTS AND REIMBURSED THE COLLEGE. THE REIMBURSEMENT WAS APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THIS PROCESS WAS DISCONTINUED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. THE COLLEGE NOW PAYS 100% OF THESE PERSONNEL COSTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EMPLOYEES ARE NOT PAID DIRECTLY FROM THE FOUNDATION. COMPENSATION IS THROUGH FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE AND IS APPROVED FOR ALL EMPLOYEES BY THE BOARD OF TRUSTEES. THE FOUNDATION HAS RECENTLY SHARED IN SOME WAGE COSTS AND REIMBURSED THE COLLEGE. THE REIMBURSEMENT WAS APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THIS PROCESS WAS DISCONTINUED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. THE COLLEGE NOW PAYS 100% OF THESE PERSONNEL COSTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | INVENTORY 54,704 0 0 TRAVEL 49,463 0 0 CATERING AND MEALS 7,527 5,646 24,464 MISCELLANEOUS 0 30,212 0 EQUIPMENT 29,499 0 0 TRANSFERRED TO FTCC 27,413 0 0 FUND RAISING EVENTS 0 0 10,476 STUDENT ASSISTANCE 5,701 0 0 PUBLIC RELATIONS 0 4,552 0 DUES 0 4,072 0 BANK FEES 0 3,444 0 PLAQUES AND AWARDS 0 3,259 0 FACULTY ASSISTANCE 2,348 0 0 COMPUTER SOFTWARE 0 724 0 HONORARIUMS AND STIPENDS 675 0 0 LICENSES 0 251 0 TOTAL 177,330 52,160 34,940 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.