Civic Intelligence

Polk State College Foundation Inc.

990 • Fiscal year 2012 • EIN 59-1819213

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 06, 2013

999 Avenue H NE33881
Siviq Scores

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

Liabilities / Assets

12th percentile

0.02x

Higher debt load relative to assets than 12% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

8th percentile

-9.4%

Faster asset growth than 8% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$31,551,396

Down $3,277,713 (-9.4%) from 2011

Net Assets

Up

$31,015,320

Up $3,853,043 (+14%) from 2011

Liabilities

Down

$536,076

Down $7,130,756 (-93%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$6,910,958

Up $4,830,302 (+232%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $35,589,640Liabilities 2010: $7,859,983Net Assets 2010: $27,729,6572010Assets 2011: $34,829,109Liabilities 2011: $7,666,832Net Assets 2011: $27,162,2772011Assets 2012: $31,551,396Liabilities 2012: $536,076Net Assets 2012: $31,015,3202012Assets 2013: $27,917,291Liabilities 2013: $1,068,606Net Assets 2013: $26,848,6852013Assets 2014: $25,231,476Liabilities 2014: $181,575Net Assets 2014: $25,049,9012014Assets 2015: $28,983,408Liabilities 2015: $146,843Net Assets 2015: $28,836,5652015Assets 2016: $30,321,991Liabilities 2016: $117,329Net Assets 2016: $30,204,6622016Assets 2017: $33,900,817Liabilities 2017: $157,947Net Assets 2017: $33,742,8702017Assets 2018: $31,420,887Liabilities 2018: $77,002Net Assets 2018: $31,343,8852018Assets 2019: $36,782,973Liabilities 2019: $48,224Net Assets 2019: $36,734,7492019Assets 2020: $40,262,386Liabilities 2020: $55,692Net Assets 2020: $40,206,6942020Assets 2024: $51,399,651Liabilities 2024: $1,619,971Net Assets 2024: $49,779,6802024

Highlighted filing

2012

Assets$31,551,396
Liabilities$536,076
Net Assets$31,015,320

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $1,748,5152010Expenses 2011: $2,080,6562011Expenses 2012: $6,910,9582012Revenue 2013: $4,417,310Expenses 2013: $10,272,254Net Income 2013: -$5,854,9442013Revenue 2014: $2,787,804Expenses 2014: $4,594,622Net Income 2014: -$1,806,8182014Revenue 2015: $7,078,569Expenses 2015: $2,044,786Net Income 2015: $5,033,7832015Revenue 2016: $3,181,975Expenses 2016: $2,170,104Net Income 2016: $1,011,8712016Revenue 2017: $3,063,525Expenses 2017: $2,385,476Net Income 2017: $678,0492017Revenue 2018: $2,667,991Expenses 2018: $2,299,472Net Income 2018: $368,5192018Revenue 2019: $2,807,491Expenses 2019: $2,314,016Net Income 2019: $493,4752019Revenue 2020: $3,221,385Expenses 2020: $1,818,373Net Income 2020: $1,403,0122020Revenue 2024: $7,212,447Expenses 2024: $2,678,356Net Income 2024: $4,534,0912024

Highlighted filing

2012

Revenue-
Expenses$6,910,958
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 6, 2013
Return Version
2012v2.1
Gross Receipts
$9,912,492
Mission and Program Overview

Mission

Polk state college foundation works in tandem with polk state college to help it meet its hallmarks and commitment to the community of access and affordability to higher education. Scholarships are a key way the foundation accomplishes this and, as such, remains the foundation's number-one fundraising priority. The polk state college foundation is governed by a board of directors comprised of community leaders, as well as a strong management team to ensure that donations are wisely managed and leveraged to maximize the benefit to the students. Gifts at every level are appreciated and truly make a difference in the lives of polk state students. Some students, indeed, need help paying for the majority of their tuition, while others simply need help with the cost of a book to be able to afford taking a class at polk.

Filing and Contact Details

Filer

EIN
59-1819213
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IRS990/ActivityOrMissionDescription0THE POLK STATE COLLEGE FOUNDATION, INC. IS A TAX-EXEMPT CORPORATION WHOSE PURPOSE IS TO PROVIDE POLK STATE COLLEGE WITH RESOURCES FOR THE ADVANCEMENT OF THE COLLEGE, IT'S STUDENTS, FACULTY, STAFF, AND OTHER CONSTITUENCIES IN FULLFILLMENT OF THE COLLEGE'S MISSION.
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IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFundraisingEvents0281666
IRS990/GrossReceipts09912492
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/ManagementAndGeneral074758
IRS990/InformationTechnology/Total074758
IRS990/InvestmentIncomeCurrentYear0910027
IRS990/InvestmentIncome/ExclusionAmount0910027
IRS990/InvestmentIncomePriorYear01323871
IRS990/InvestmentIncome/TotalRevenueColumn0910027
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsPubTradedSecurities/BOY017360209
IRS990/InvestmentsPubTradedSecurities/EOY018641352
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE POLK STATE COLLEGE FOUNDATION, INC. IS A TAX-EXEMPT CORPORATION WHOSE PURPOSE IS TO PROVIDE POLK STATE COLLEGE WITH RESOURCES FOR THE ADVANCEMENT OF THE COLLEGE, IT'S STUDENTS, FACULTY, STAFF, AND OTHER CONSTITUENCIES IN FULLFILLMENT OF THE COLLEGE'S MISSION.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0LINDA PILKINGTON
IRS990/NbrIndependentVotingMembers029
IRS990/NbrVotingGoverningBodyMembers029
IRS990/NbrVotingMembersGoverningBody029
IRS990/NetAssetsOrFundBalancesBOY027162277
IRS990/NetAssetsOrFundBalancesEOY031015320
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount08249
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn08249
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096041
IRS990/NumberIndependentVotingMembers029
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral063266
IRS990/Occupancy/Total063266
IRS990/OfficeExpenses/ManagementAndGeneral060638
IRS990/OfficeExpenses/Total060638
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY04748653
IRS990/OtherAssetsTotal/EOY012782
IRS990/OtherExpensePriorYear0644200
IRS990/OtherExpensesCurrentYear0941175
IRS990/OtherExpenses/Description0PROGRAM EXPENSES
IRS990/OtherExpenses/Description1OTHER EXPENSES
IRS990/OtherExpenses/Description2DIRECT FUNRAISING EXPEN

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.$51.4$1.62$49.8$7.21$2.68$4.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.3$0.06$40.2$3.22$1.82$1.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.8$0.05$36.7$2.81$2.31$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.4$0.08$31.3$2.67$2.30$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$0.16$33.7$3.06$2.39$0.68
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.3$0.12$30.2$3.18$2.17$1.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.0$0.15$28.8$7.08$2.04$5.03
2014Detailed filing. Detailed filing data is available for this year.$25.2$0.18$25.0$2.79$4.59$1.81
2013Detailed filing. Detailed filing data is available for this year.$27.9$1.07$26.8$4.42$10.3$5.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$0.54$31.0$6.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.8$7.67$27.2$2.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.6$7.86$27.7$1.75