Civic Intelligence

Community and Technical College Foundation of Ashland Inc

990 • Fiscal year 2015 • EIN 61-1274401

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 02, 2015

Organization ProfileN/A
1400 College DriveAshland, KY 41101-3617

(606) 329-2999

Siviq Scores

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

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.75x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

58th percentile

2.7%

Faster asset growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

30th percentile

-3.6%

Faster revenue growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$5,796,616

Up $154,721 (+2.7%) from 2014

Net Assets

Up

$5,402,272

Up $172,658 (+3.3%) from 2014

Liabilities

Down

$394,344

Down $17,937 (-4.4%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin60th percentile

Revenue

Down

$526,239

Down $19,519 (-3.6%) from 2014

Expenses

Down

$494,029

Down $53,985 (-9.9%) from 2014

Net Income

Up

$32,210

Up $34,466 (+1528%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$15M$10M$5.0M$0Assets 2011: $5,862,777Liabilities 2011: $37,631Net Assets 2011: $5,825,1462011Assets 2012: $6,594,053Liabilities 2012: $537,398Net Assets 2012: $6,056,6552012Assets 2013: $5,253,814Liabilities 2013: $624,279Net Assets 2013: $4,629,5352013Assets 2014: $5,641,895Liabilities 2014: $412,281Net Assets 2014: $5,229,6142014Assets 2015: $5,796,616Liabilities 2015: $394,344Net Assets 2015: $5,402,2722015Assets 2016: $5,771,711Liabilities 2016: $371,927Net Assets 2016: $5,399,7842016Assets 2017: $6,526,590Liabilities 2017: $360,692Net Assets 2017: $6,165,8982017Assets 2018: $7,040,609Liabilities 2018: $359,291Net Assets 2018: $6,681,3182018Assets 2019: $7,679,500Liabilities 2019: $354,793Net Assets 2019: $7,324,7072019Assets 2020: $8,640,514Liabilities 2020: $342,569Net Assets 2020: $8,297,9452020Assets 2021: $10,324,677Liabilities 2021: $339,606Net Assets 2021: $9,985,0712021Assets 2022: $9,208,587Liabilities 2022: $348,613Net Assets 2022: $8,859,9742022Assets 2023: $10,022,342Liabilities 2023: $327,579Net Assets 2023: $9,694,7632023Assets 2024: $11,214,845Liabilities 2024: $313,405Net Assets 2024: $10,901,4402024Assets 2025: $13,178,346Liabilities 2025: $303,665Net Assets 2025: $12,874,6812025

Highlighted filing

2015

Assets$5,796,616
Liabilities$394,344
Net Assets$5,402,272
Open 2015 Filing

Operations Trend

Revenue Growth30th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $232,3222011Expenses 2012: $374,4752012Revenue 2013: $364,837Expenses 2013: $2,173,565Net Income 2013: -$1,808,7282013Revenue 2014: $545,758Expenses 2014: $548,014Net Income 2014: -$2,2562014Revenue 2015: $526,239Expenses 2015: $494,029Net Income 2015: $32,2102015Revenue 2016: $508,862Expenses 2016: $551,580Net Income 2016: -$42,7182016Revenue 2017: $701,224Expenses 2017: $560,659Net Income 2017: $140,5652017Revenue 2018: $480,883Expenses 2018: $511,134Net Income 2018: -$30,2512018Revenue 2019: $627,333Expenses 2019: $545,611Net Income 2019: $81,7222019Revenue 2020: $1,218,989Expenses 2020: $552,916Net Income 2020: $666,0732020Revenue 2021: $272,811Expenses 2021: $475,320Net Income 2021: -$202,5092021Revenue 2022: $359,572Expenses 2022: $513,793Net Income 2022: -$154,2212022Revenue 2023: $500,483Expenses 2023: $756,291Net Income 2023: -$255,8082023Revenue 2024: $432,079Expenses 2024: $684,912Net Income 2024: -$252,8332024Revenue 2025: $1,533,239Expenses 2025: $719,771Net Income 2025: $813,4682025

Highlighted filing

2015

Revenue$526,239
Expenses$494,029
Net Income$32,210
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 2, 2015
Return Version
2014v5.0
Gross Receipts
$544,129
Mission and Program Overview

Mission

The purpose of the foundation is to support the educational programs and services of the ashland community and technical sollege and to promote awareness of the college for the benefit of its student body and alumni.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,411,941$4,503,753▲ $91,812
Land, Buildings, and Equipment, Net$829,426$798,627▼ $30,799
Savings and Temporary Cash Investments$378,972$428,091▲ $49,119
Pledges and Grants Receivable$13,524$47,924▲ $34,400
Prepaid Expenses and Deferred Charges$2,792$10,792▲ $8,000
Accounts Receivable$354$2,624▲ $2,270
Total Assets$5,641,895$5,796,616▲ $154,721
Other Assets Total$4,886$4,805▼ $81
Liabilities
Mortgage Notes Payable Secured by Investment Property$362,603$339,840▼ $22,763
Accounts Payable and Accrued Expenses$49,678$54,504▲ $4,826
Total Liabilities$412,281$394,344▼ $17,937
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,122,751$3,168,786▲ $46,035
Temporarily Rstr Net Assets$2,095,890$2,163,654▲ $67,764
Unrestricted Net Assets$10,973$69,832▲ $58,859
Total Net Assets Fund Balance$5,229,614$5,402,272▲ $172,658
Total Liabilities and Net Assets / Fund Balance$5,641,895$5,796,616▲ $154,721

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$798,627$125,365-
Other Securities$888,329--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Robert MaherPresident
Bruce ShafferDirector
Carol KelleyDirector
Kay AdkinsDirector
Lance MccomisDirector
Marganna PhelpsDirector
Mary Kay Mcginnis RuarkDirector
Pamela H PotterDirector
Patton HartDirector
Perry MaddenDirector
Stuart WebbDirector
Willie McculloughDirector
Pam KlinepeterActc Faculty
Ella SmithActc Staff R
Michael HobbsSecretary
Cameron MilesStudent Repr
Terry FyffeTreasurer
John Stewart JrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$425,150
Program Service Revenue
$0
Investment Income
$77,073
Other Revenue
$24,016
All Other Contributions
$425,150
Change in Net Assets
$32,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$544,129
Revenue Not Reported on Financial Statements
$-17,890
Revenue Not Reported on Form 990
$225,526
Other Revenue Adjustments
$-17,890
Total Revenue per Audited Statements
$769,655
Total Revenue per Form 990
$526,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$331,572
Grants and Similar Amounts Paid$162,457
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$162,457--$162,457
Occupancy-$79,203-$79,203
Depreciation Depletion-$30,800-$30,800
Fees for Service Investment Mgmnt Fees-$10,295-$10,295
Fees for Services Accounting-$6,700-$6,700
Other Expenses$179,646$125-$125
Total Functional Expenses$342,103$151,926$0$494,029

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$596,997
Expenses per Audited Statements$494,029
Total Expenses per Form 990$494,029
Expenses Not Reported on Form 990$102,968
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ashland Community & Technical ColAshland, KY-Education$162,457
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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 11B

“The 990 is sent to the foundation treasurer, and available for review by the director of advancement, dean of institutional advancement and manager of accounts following preparation by accounting firm.”

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

“The foundation has no employees.”

Form 990, Page 6, Part VI, Line 19

“Documents are available at the advancement office upon request.”

Filing and Contact Details

Filer

Filer Name
Community and Technical College
EIN
61-1274401
Phone
6063292999
Address
1400 COLLEGE DRIVE, ASHLAND, KY 41101-3617

Signing Officer

Name
Robert J Maher
Title
President
Phone
6063292999
Signed
2015-09-02

Organization Details

Principal Officer
Robert J Maher
Formed
1994
Legal Domicile
Ky
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Kelley Galloway Smith Goolsby Psc
Address
1200 CORPORATE COURT PO BOX 990, ASHLAND, KY 41105-0990
Preparer
Lori F Dearfield CPA
Phone
6063291811
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Residential property expenses 17,890 residential property expenses -17,890”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

“Residential property expenses -17,890”

Schedule D, Page 4, Part XII, Line 2D

“Residential property expenses 17,890”

Raw XML AppendixShowing 400 of 476 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049678
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054504
IRS990/AccountsReceivableGrp/BOYAmt0354
IRS990/AccountsReceivableGrp/EOYAmt02624
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROGRAMS AND SERVICES OF THE ASHLAND COMMUNITY AND TECHNICAL SOLLEGE AND TO PROMOTE AWARENESS OF THE COLLEGE FOR THE BENEFIT OF ITS STUDENT BODY AND ALUMNI.
IRS990/AllOtherContributionsAmt0425150
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIM MINNEHAN
IRS990/BooksInCareOfDetail/PhoneNum06063292999
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 COLLEGE DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ASHLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd041101
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0425150
IRS990/CYGrantsAndSimilarPaidAmt0162457
IRS990/CYInvestmentIncomeAmt077073
IRS990/CYOtherExpensesAmt0331572
IRS990/CYOtherRevenueAmt024016
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt032210
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0494029
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0526239
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt030800
IRS990/DepreciationDepletionGrp/TotalAmt030800
IRS990/Desc0ASHLAND COMMUNITY AND TECHNICAL COLLEGE SCHOLARSHIPS AND SUPPORT OF EDUCATIONAL PROGRAMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0342103
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06700
IRS990/FeesForServicesAccountingGrp/TotalAmt06700
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt010295
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010295
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0STUART WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRY FYFFE
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL HOBBS
IRS990/Form990PartVIISectionAGrp/PersonNm3PAMELA H POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm4LANCE MCCOMIS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN STEWART JR
IRS990/Form990PartVIISectionAGrp/PersonNm6PATTON HART
IRS990/Form990PartVIISectionAGrp/PersonNm7MARY KAY MCGINNIS RUARK
IRS990/Form990PartVIISectionAGrp/PersonNm8CAROL KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9PERRY MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm10MARGANNA PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT MAHER
IRS990/Form990PartVIISectionAGrp/PersonNm12BRUCE SHAFFER
IRS990/Form990PartVIISectionAGrp/PersonNm13KAY ADKINS
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIE MCCULLOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm15PAM KLINEPETER
IRS990/Form990PartVIISectionAGrp/PersonNm16ELLA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm17CAMERON MILES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ACTC FACULTY
IRS990/Form990PartVIISectionAGrp/TitleTxt16ACTC STAFF R
IRS990/Form990PartVIISectionAGrp/TitleTxt17STUDENT REPR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0162457
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0162457
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0162457
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0544129
IRS990/GrossRentsGrp/RealAmt022817
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt077073
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt077073
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04411941
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04503753
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0125365
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0829426
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0798627
IRS990/LandBldgEquipCostOrOtherBssAmt0923992
IRS990/LegalDomicileStateCd0KY
IRS990/LessRentalExpensesGrp/RealAmt017890
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROGRAMS AND SERVICES OF THE ASHLAND COMMUNITY AND TECHNICAL SOLLEGE AND TO PROMOTE AWARENESS OF THE COLLEGE FOR THE BENEFIT OF ITS STUDENT BODY AND ALUMNI.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0362603
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0339840
IRS990/NetAssetsOrFundBalancesBOYAmt05229614
IRS990/NetAssetsOrFundBalancesEOYAmt05402272
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04927
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04927
IRS990/NetUnrlzdGainsLossesInvstAmt0140448
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt079203
IRS990/OccupancyGrp/TotalAmt079203
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04886
IRS990/OtherAssetsTotalGrp/EOYAmt04805
IRS990/OtherExpensesGrp/Desc0OPERATIONS
IRS990/OtherExpensesGrp/Desc1INTEREST
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013606
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111197
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2125
IRS990/OtherExpensesGrp/ProgramServicesAmt0179646
IRS990/OtherExpensesGrp/TotalAmt0179646
IRS990/OtherExpensesGrp/TotalAmt113606
IRS990/OtherExpensesGrp/TotalAmt211197
IRS990/OtherExpensesGrp/TotalAmt3125
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019089
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019089
IRS990/OtherRevenueTotalAmt019089
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03122751
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03168786
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013524
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt047924
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02792
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010792
IRS990/PrincipalOfficerNm0ROBERT J MAHER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0441845
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0277220
IRS990/PYInvestmentIncomeAmt083521
IRS990/PYOtherExpensesAmt0270794
IRS990/PYOtherRevenueAmt020392
IRS990/PYRevenuesLessExpensesAmt0-2256
IRS990/PYTotalExpensesAmt0548014
IRS990/PYTotalRevenueAmt0545758
IRS990/ReconcilationRevenueExpnssAmt032210
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04927
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0378972
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0428091
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RESIDENTIAL PROPERTY 900,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0340072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0375532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0230621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0475795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0465829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01887849
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt085078
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt066313
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt064792
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt059863
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0109922
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0385968
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt077073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt080143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt068346
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt078191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0387274
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt041906
IRS990ScheduleA/PublicSupportCY170Pct00.75820
IRS990ScheduleA/PublicSupportPY170Pct00.73330
IRS990ScheduleA/PublicSupportTotal170Amt02075218
IRS990ScheduleA/SubstantialContributorsTotAmt0198599
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0425150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0441845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0295413
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0535658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0575751
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02273817
IRS990ScheduleA/TotalSupportAmt02737164
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt076073
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt076073
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/BuildingsGrp/BookValueAmt0798627
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0125365
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0923992
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt085078
IRS990ScheduleD/DonatedServicesUseFcltsAmt085078
IRS990ScheduleD/ExpensesNotReportedAmt0102968
IRS990ScheduleD/ExpensesSubtotalAmt0494029
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0140448
IRS990ScheduleD/OtherExpensesIncludedAmt017890
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-17890
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02391894
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11223530
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2888329
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MULTI-STRATEGY EQUITY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EQUITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MULTI-STRATEGY BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/RevenueNotReportedAmt0225526
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-17890
IRS990ScheduleD/RevenueSubtotalAmt0544129
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RESIDENTIAL PROPERTY EXPENSES -17,890
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RESIDENTIAL PROPERTY EXPENSES 17,890
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0798627
IRS990ScheduleD/TotalBookValueSecuritiesAmt04503753
IRS990ScheduleD/TotalExpensesPerForm990Amt0494029
IRS990ScheduleD/TotalRevenuePerForm990Amt0526239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0769655
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0596997
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0162457
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ASHLAND COMMUNITY & TECHNICAL COL
IRS990ScheduleI/RecipientTable/RecipientEIN0611320380
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 COLLEGE DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ASHLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd041101
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS SENT TO THE FOUNDATION TREASURER, AND AVAILABLE FOR REVIEW BY THE DIRECTOR OF ADVANCEMENT, DEAN OF INSTITUTIONAL ADVANCEMENT AND MANAGER OF ACCOUNTS FOLLOWING PREPARATION BY ACCOUNTING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE AT THE ADVANCEMENT OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESIDENTIAL PROPERTY EXPENSES 17,890 RESIDENTIAL PROPERTY EXPENSES -17,890
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,796,616
Liabilities
$394,344
Net assets
$5,402,272
Revenue
$526,239
Expenses
$494,029
Net income
$32,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.2$0.30$12.9$1.53$0.72$0.81
2024Detailed filing. Detailed filing data is available for this year.$11.2$0.31$10.9$0.43$0.68$0.25
2023Detailed filing. Detailed filing data is available for this year.$10.0$0.33$9.69$0.50$0.76$0.26
2022Detailed filing. Detailed filing data is available for this year.$9.21$0.35$8.86$0.36$0.51$0.15
2021Detailed filing. Detailed filing data is available for this year.$10.3$0.34$9.99$0.27$0.48$0.20
2020Detailed filing. Detailed filing data is available for this year.$8.64$0.34$8.30$1.22$0.55$0.67
2019Detailed filing. Detailed filing data is available for this year.$7.68$0.35$7.32$0.63$0.55$0.08
2018Detailed filing. Detailed filing data is available for this year.$7.04$0.36$6.68$0.48$0.51$0.03
2017Detailed filing. Detailed filing data is available for this year.$6.53$0.36$6.17$0.70$0.56$0.14
2016Detailed filing. Detailed filing data is available for this year.$5.77$0.37$5.40$0.51$0.55$0.04
2015Detailed filing. Detailed filing data is available for this year.$5.80$0.39$5.40$0.53$0.49$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.64$0.41$5.23$0.55$0.55$0.00
2013Summary only. Only limited summary data is available for this year.$5.25$0.62$4.63$0.36$2.17$1.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$0.54$6.06$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$0.04$5.83$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $5M-$10M nonprofits