Civic Intelligence

Sowela Technical Community College Foundation

990 • Fiscal year 2015 • EIN 58-1973743

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

3820 Senator J Bennett Johnston AveLake Charles, LA 70615-6829

(337) 491-2698

Siviq Scores

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

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.57x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

23rd percentile

-4.7%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,559,824

Down $77,129 (-4.7%) from 2014

Net Assets

Down

$883,043

Down $166,585 (-16%) from 2014

Liabilities

Up

$676,781

Up $89,456 (+15%) from 2014

Revenue

Down

$1,180,749

Down $400,739 (-25%) from 2014

Expenses

Down

$1,338,432

Down $294,324 (-18%) from 2014

Net Income

Down

-$157,683

Down $106,415 (-208%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,262,081Liabilities 2010: $0Net Assets 2010: $1,262,0812010Assets 2011: $1,256,580Liabilities 2011: $30,846Net Assets 2011: $1,225,7342011Assets 2012: $1,219,272Liabilities 2012: $5,688Net Assets 2012: $1,213,5842012Assets 2013: $1,268,544Liabilities 2013: $167,648Net Assets 2013: $1,100,8962013Assets 2014: $1,636,953Liabilities 2014: $587,325Net Assets 2014: $1,049,6282014Assets 2015: $1,559,824Liabilities 2015: $676,781Net Assets 2015: $883,0432015Assets 2016: $2,848,713Liabilities 2016: $1,614,337Net Assets 2016: $1,234,3762016Assets 2017: $3,683,016Liabilities 2017: $2,335,911Net Assets 2017: $1,347,1052017Assets 2018: $5,332,880Liabilities 2018: $1,471,320Net Assets 2018: $3,861,5602018Assets 2019: $5,420,389Liabilities 2019: $1,344,129Net Assets 2019: $4,076,2602019Assets 2020: $4,394,951Liabilities 2020: $1,496,483Net Assets 2020: $2,898,4682020Assets 2021: $4,974,951Liabilities 2021: $1,584,753Net Assets 2021: $3,390,1982021Assets 2022: $4,775,229Liabilities 2022: $1,954,575Net Assets 2022: $2,820,6542022Assets 2023: $5,087,473Liabilities 2023: $1,970,646Net Assets 2023: $3,116,8272023Assets 2024: $6,834,717Liabilities 2024: $3,087,367Net Assets 2024: $3,747,3502024

Highlighted filing

2015

Assets$1,559,824
Liabilities$676,781
Net Assets$883,043

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2010: $30,324Expenses 2010: $2,057,833Net Income 2010: -$2,027,5092010Expenses 2011: $150,7472011Expenses 2012: $171,3222012Revenue 2013: $270,955Expenses 2013: $383,643Net Income 2013: -$112,6882013Revenue 2014: $1,581,488Expenses 2014: $1,632,756Net Income 2014: -$51,2682014Revenue 2015: $1,180,749Expenses 2015: $1,338,432Net Income 2015: -$157,6832015Revenue 2016: $812,714Expenses 2016: $469,649Net Income 2016: $343,0652016Revenue 2017: $749,872Expenses 2017: $685,365Net Income 2017: $64,5072017Revenue 2018: $3,637,161Expenses 2018: $1,410,403Net Income 2018: $2,226,7582018Revenue 2019: $1,446,863Expenses 2019: $1,314,339Net Income 2019: $132,5242019Revenue 2020: $1,003,306Expenses 2020: $2,200,693Net Income 2020: -$1,197,3872020Revenue 2021: $2,405,987Expenses 2021: $1,945,825Net Income 2021: $460,1622021Revenue 2022: $2,156,354Expenses 2022: $2,555,421Net Income 2022: -$399,0672022Revenue 2023: $2,355,535Expenses 2023: $2,105,323Net Income 2023: $250,2122023Revenue 2024: $3,616,603Expenses 2024: $2,986,080Net Income 2024: $630,5232024

Highlighted filing

2015

Revenue$1,180,749
Expenses$1,338,432
Net Income-$157,683
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,180,749
Mission and Program Overview

Mission

Ensuring educational excellence at sowela technical community college by providing scholarships, activities in research, or other designated benefits for the college and its faculty, staff, and students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,096,919$1,178,956▲ $82,037
Investments in Publicly Traded Securities-$266,303-
Pledges and Grants Receivable$439,426$69,204▼ $370,222
Cash and Non-Interest-Bearing Accounts$55,359--
Land, Buildings, and Equipment, Net$44,453$43,608▼ $845
Accounts Receivable$796$1,753▲ $957
Total Assets$1,636,953$1,559,824▼ $77,129
Liabilities
Other Liabilities$358,643$325,747▼ $32,896
Deferred Revenue$228,682$300,682▲ $72,000
Escrow Account Liability-$50,062-
Accounts Payable and Accrued Expenses-$290-
Total Liabilities$587,325$676,781▲ $89,456
Net Assets / Fund Balance
Permanently Rstr Net Assets$274,815$353,665▲ $78,850
Unrestricted Net Assets$437,938$320,114▼ $117,824
Temporarily Rstr Net Assets$336,875$209,264▼ $127,611
Total Net Assets Fund Balance$1,049,628$883,043▼ $166,585
Total Liabilities and Net Assets / Fund Balance$1,636,953$1,559,824▼ $77,129

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,608$47,946$91,554

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$274,815$108,850▼ $10,816$-30,000$342,849
2014$264,815$10,000▲ $514-$274,815
2013$256,815$8,000▲ $530-$264,815
2012$256,815-▲ $543-$256,815
2011$224,990$31,825▲ $977-$256,815
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill HankinsPresident
Ann KnappBoard Member
CLAUDE 'BUDDY' LEACH JRBoard Member
Donnie MorrisBoard Member
Jake PhilmonBoard Member
Marty ThompsonBoard Member
Perry D VincentBoard Member
Stuart MossBoard Member
Tim BroussardBoard Member
Nicholas LangleySecretary/tr
Patricia PhilmonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,176,169
Program Service Revenue
$0
Investment Income
$4,355
Other Revenue
$225
All Other Contributions
$1,176,169
Change in Net Assets
$-157,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,221,284
Other Expenses$117,148
Total Fundraising Expense$673
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,208,175--$1,208,175
Depreciation Depletion-$18,312-$18,312
Grants to Domestic Individuals$13,109--$13,109
Information Technology-$11,675-$11,675
Fees for Services Accounting-$10,660-$10,660
Office Expenses-$1,349-$1,349
Conferences and Meetings-$1,191-$1,191
Fees for Service Investment Mgmnt Fees-$743-$743
Other Expenses$1,106$407$135$542
Total Functional Expenses$1,235,257$102,502$673$1,338,432
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sowela Techincal Community CollegeLake Charles, LA115College Support$1,208,175
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Payable to Sowela$325,747
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 2

Patricia philmon jake philmon vice pres member married

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board of the sowela technical community college foundation prior to filing.

Form 990, Page 6, Part VI, Line 12C

Each board member is required to annually disclose any potential conflicts of interest to the board. The board discusses any potential conflicts and responds as they deem appropriate.

Form 990, Page 6, Part VI, Line 19

The form 990 and governing documents are available for public inspection through the sowela technical community college business office.

Filing and Contact Details

Filer

Filer Name
Sowela Tech Community College
EIN
58-1973743
Phone
3374912698
Address
3820 SENATOR J BENNETT JOHNSTON AVE, LAKE CHARLES, LA 70615-6829

Signing Officer

Name
Bill Hankins
Title
President
Phone
3374912698
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Hankins
Formed
1991
Legal Domicile
La
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
J Walker & Company Apc
Address
2740 RUE DE JARDIN STE 100, LAKE CHARLES, LA 70605-4051
Preparer
Jonald J Walker Iii CPA
Phone
3374787902
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The grants provide resources to the sowela technical community college for student scholarships, faculty and program support, and capital projects.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The foundation holds and invests endowment funds of its affiliated entity, sowela technical community college (listed in schedule r, part ii, line 1). The college participates in several of the louisiana board of regents endowed scholarship and professorship programs and the foundation holds these endowed funds as part of a custodial arrangement it has with the college. Amounts held under this custodial arrangement are reported on form 990, part x, line 21.

Schedule D, Page 2, Part V, Line 4

The intended use of the endowment funds is to benefit the sowela technical community college for various donor restricted purposes, primarily scholarships.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0225
IRS990/OtherRevenueTotalAmt0225
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0274815
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0353665
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0439426
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt069204
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BILL HANKINS
IRS990/PriorPeriodAdjustmentsAmt03896
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE GRANTS PROVIDE RESOURCES TO THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, FACULTY AND PROGRAM SUPPORT, AND CAPITAL PROJECTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt013109
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt013109
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01579741
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01547819
IRS990/PYInvestmentIncomeAmt01747
IRS990/PYOtherExpensesAmt084937
IRS990/PYRevenuesLessExpensesAmt0-51268
IRS990/PYTotalExpensesAmt01632756
IRS990/PYTotalRevenueAmt01581488
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-157683
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01096919
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01178956
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01176169
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01579741
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0269674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0121237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03303940
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04355
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01747
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05363
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014799
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04580
IRS990ScheduleA/PublicSupportCY170Pct00.99550
IRS990ScheduleA/PublicSupportPY170Pct00.99080
IRS990ScheduleA/PublicSupportTotal170Amt03303940
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01176169
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01579741
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0269674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0121237
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03303940
IRS990ScheduleA/TotalSupportAmt03318739
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0274815
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0108850
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0342849
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10816
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-30000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0264815
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0274815
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0514
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0514
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0256815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt08000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0264815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0530
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0530
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0256815
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0256815
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0543
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0543
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0224990
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt031825
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0256815
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0977
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0977
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043608
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047946
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt091554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0325747
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AMOUNTS PAYABLE TO SOWELA
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HOLDS AND INVESTS ENDOWMENT FUNDS OF ITS AFFILIATED ENTITY, SOWELA TECHNICAL COMMUNITY COLLEGE (LISTED IN SCHEDULE R, PART II, LINE 1). THE COLLEGE PARTICIPATES IN SEVERAL OF THE LOUISIANA BOARD OF REGENTS ENDOWED SCHOLARSHIP AND PROFESSORSHIP PROGRAMS AND THE FOUNDATION HOLDS THESE ENDOWED FUNDS AS PART OF A CUSTODIAL ARRANGEMENT IT HAS WITH THE COLLEGE. AMOUNTS HELD UNDER THIS CUSTODIAL ARRANGEMENT ARE REPORTED ON FORM 990, PART X, LINE 21.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO BENEFIT THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR VARIOUS DONOR RESTRICTED PURPOSES, PRIMARILY SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043608
IRS990ScheduleD/TotalLiabilityAmt0325747
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt013109
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FACULTY SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/CashGrantAmt01208175
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COLLEGE SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOWELA TECHINCAL COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0720817127
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03820 SENATOR J BENNETT JOHNSTON AV
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAKE CHARLES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070615
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GENERALLY, THE FOUNDATION REIMBURSES THE COLLEGE AFTER THE DONOR REQUIREMENTS HAVE BEEN MET. WHEN FUNDS ARE TRANSFERRED TO THE COLLEGE IN ADVANCE OF EXPENDITURES, THE COLLEGE PROVIDES THE FOUNDATION WITH DOCUMENTATION TO ENSURE COMPLIANCE WITH DONOR INTENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GRANTS PROVIDE RESOURCES TO THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, FACULTY AND PROGRAM SUPPORT, AND CAPITAL PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PATRICIA PHILMON JAKE PHILMON VICE PRES MEMBER MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF THE SOWELA TECHNICAL COMMUNITY COLLEGE FOUNDATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEMBER IS REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD DISCUSSES ANY POTENTIAL CONFLICTS AND RESPONDS AS THEY DEEM APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 AND GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION THROUGH THE SOWELA TECHNICAL COMMUNITY COLLEGE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOWELA TECHNICAL COMMUNITY COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0720817127
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC COL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03820 SENATOR J BENNETT JOHNSTON AV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAKE CHARLES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070615
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$3.09$3.75$3.62$2.99$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$1.97$3.12$2.36$2.11$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$1.95$2.82$2.16$2.56$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.97$1.58$3.39$2.41$1.95$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$1.50$2.90$1.00$2.20$1.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.42$1.34$4.08$1.45$1.31$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$1.47$3.86$3.64$1.41$2.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$2.34$1.35$0.75$0.69$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$1.61$1.23$0.81$0.47$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.68$0.88$1.18$1.34$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.59$1.05$1.58$1.63$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.17$1.10$0.27$0.38$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.01$1.21$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.03$1.23$0.15
2010Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.03$2.06$2.03