Civic Intelligence

Wallace Community College Selma Foundation

EIN 63-0920650 • 501(c)3 • Selma, AL

Profile

To assist wallace community college selma in promoting, sponsoring, fostering and carrying out activities to broaden educational opportunities for and services to students and alumni.

PO Box 1571Selma, AL 36702

n/a

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-9.6%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

43rd percentile

-6.1%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$505,096

Up $66,778 (+15%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$505,096

Up $66,778 (+15%) from 2024

Revenue

Up

$311,634

Up $12,616 (+4.2%) from 2024

Expenses

Down

$244,856

Down $82,749 (-25%) from 2024

Net Income

Up

$66,778

Up $95,365 (+334%) from 2024

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $331,994Liabilities 2011: $0Net Assets 2011: $331,9942011Assets 2012: $341,465Liabilities 2012: $0Net Assets 2012: $341,4652012Assets 2013: $342,472Liabilities 2013: $0Net Assets 2013: $342,4722013Assets 2014: $332,807Liabilities 2014: $0Net Assets 2014: $332,8072014Assets 2015: $347,353Liabilities 2015: $3,000Net Assets 2015: $344,3532015Assets 2016: $350,541Liabilities 2016: $0Net Assets 2016: $350,5412016Assets 2017: $363,727Liabilities 2017: $0Net Assets 2017: $363,7272017Assets 2018: $395,923Liabilities 2018: $0Net Assets 2018: $395,9232018Assets 2019: $396,524Liabilities 2019: $0Net Assets 2019: $396,5242019Assets 2020: $403,269Liabilities 2020: $0Net Assets 2020: $403,2692020Assets 2021: $425,088Liabilities 2021: $0Net Assets 2021: $425,0882021Assets 2022: $435,438Liabilities 2022: $0Net Assets 2022: $435,4382022Assets 2023: $466,905Liabilities 2023: $0Net Assets 2023: $466,9052023Assets 2024: $438,318Liabilities 2024: $0Net Assets 2024: $438,3182024Assets 2025: $505,096Liabilities 2025: $0Net Assets 2025: $505,0962025

Highlighted filing

2025

Assets$505,096
Liabilities$0
Net Assets$505,096

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $18,8582011Expenses 2012: $20,9192012Expenses 2013: $22,1682013Revenue 2014: $19,825Expenses 2014: $29,490Net Income 2014: -$9,6652014Revenue 2015: $23,790Expenses 2015: $12,244Net Income 2015: $11,5462015Revenue 2016: $38,683Expenses 2016: $32,495Net Income 2016: $6,1882016Revenue 2017: $46,181Expenses 2017: $32,995Net Income 2017: $13,1862017Revenue 2018: $68,911Expenses 2018: $36,715Net Income 2018: $32,1962018Revenue 2019: $59,197Expenses 2019: $58,596Net Income 2019: $6012019Revenue 2020: $57,008Expenses 2020: $50,263Net Income 2020: $6,7452020Revenue 2021: $37,847Expenses 2021: $16,028Net Income 2021: $21,8192021Revenue 2022: $49,305Expenses 2022: $38,955Net Income 2022: $10,3502022Revenue 2023: $191,994Expenses 2023: $160,527Net Income 2023: $31,4672023Revenue 2024: $299,018Expenses 2024: $327,605Net Income 2024: -$28,5872024Revenue 2025: $311,634Expenses 2025: $244,856Net Income 2025: $66,7782025

Highlighted filing

2025

Revenue$311,634
Expenses$244,856
Net Income$66,778

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$3.12$2.45$0.67
2024Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$2.99$3.28$0.29
2023Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$1.92$1.61$0.31
2022Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$0.49$0.39$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$0.38$0.16$0.22
2020Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$0.57$0.50$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$0.59$0.59$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$0.69$0.37$0.32
2017Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$0.46$0.33$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$0.39$0.32$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.47$0.03$3.44$0.24$0.12$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.33$0.00$3.33$0.20$0.29$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.00$3.42$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.00$3.41$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.00$3.32$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.5
Gross Receipts
$311,634
Mission and Program Overview

Mission

To assist wallace community college selma in promoting, sponsoring, fostering, and carrying out activities to broaden educational opportunities for and services to students and alumni

Provided Financial Assistance to Wallace Community College Selma through Academic Scholarships, and Support of various College Programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$391,837$408,297▲ $16,460
Cash and Non-Interest-Bearing Accounts$46,481$96,799▲ $50,318
Total Assets$438,318$505,096▲ $66,778
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$409,481$470,738▲ $61,257
Net Assets Without Donor Restrictions$28,837$34,358▲ $5,521
Total Net Assets Fund Balance$438,318$505,096▲ $66,778
Total Liabilities and Net Assets / Fund Balance$438,318$505,096▲ $66,778
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$295,136
Program Service Revenue
$0
Investment Income
$16,498
Other Revenue
$0
All Other Contributions
$262,906
Change in Net Assets
$66,778

Audited Revenue Reconciliation

Revenue per Audited Statements
$311,634
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$311,634
Total Revenue per Form 990
$311,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$209,687
Other Expenses$35,169
Total Fundraising Expense$7,247
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$209,687--$209,687
Office Expenses--$7,247$7,247
Fees for Services Accounting-$7,200-$7,200
Conferences and Meetings-$75-$75
Other Expenses$1,500$12-$12
Total Functional Expenses$230,322$7,287$7,247$244,856

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,856
Total Expenses per Audited Statements$244,856
Total Expenses per Form 990$244,856
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wallace Community College SelmaSelma, AL-1. Provide Scholarships for students attending Wallace Community College Selma2. Provide Teen Tech Center for students attending Wallace Community College Selma$209,687
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine & Cheese Social$32,230---
Total Events$32,230---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 presented to board at quarterly board meeting

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

Reported to Board when and if it arises

Form 990, Part VI, Section C, line 18

Audit report is available upon request in main office

Form 990, Part VI, Section C, line 19

Financial statements, conflicts of interest policy, and government documents available upon request at the main office.

Filing and Contact Details

Filer

Filer Name
Wallace Community College Selma Foundati
EIN
63-0920650
Phone
3348769255
Address
PO BOX 1571, SELMA, AL 36702

Signing Officer

Name
Darrell Steward
Title
Board Co Chair
Phone
3348752050
Signed
2026-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darrell Steward
Formed
1986
Legal Domicile
Al
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
EDWARDS & WILKINSON CPA'S
Address
500 Lauderdale Street, Selma, AL 36701
Preparer
Clinton S Wilkinson III CPA
Phone
3348722335
Raw XML AppendixShowing 400 of 419 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.

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IRS990ScheduleA/PublicSupportPY170Pct00.94030
IRS990ScheduleA/PublicSupportTotal170Amt0844373
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0295136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0284570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0184464
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030306
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0844373
IRS990ScheduleA/TotalSupportAmt0892585
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0244856
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0311634
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0244856
IRS990ScheduleD/TotalRevenuePerForm990Amt0311634
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0311634
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244856
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt032230
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt032230
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Wine & Cheese Social
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032230
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032230
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0209687
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt01. Provide Scholarships for students attending Wallace Community College Selma2. Provide Teen Tech Center for students attending Wallace Community College Selma
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Wallace Community College Selma
IRS990ScheduleI/RecipientTable/RecipientEIN0630926650
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03200 Earl Goodwyn Parkway
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Selma
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd036701
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant proceeds received by the foundation are given to Wallace Commuity College Selma
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 presented to board at quarterly board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reported to Board when and if it arises
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Audit report is available upon request in main office
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial statements, conflicts of interest policy, and government documents available upon request at the main office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Wallace Community College Selma
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630926650
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide Support for
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03200 Earl Goodwyn Parkway
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Selma
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd036701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0438318
IRS990/TotalAssetsEOYAmt0505096
IRS990/TotalAssetsGrp/BOYAmt0438318
IRS990/TotalAssetsGrp/EOYAmt0505096
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0295136
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07247
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07287
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0230322
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244856
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438318
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0505096
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt012157
IRS990/TotalProgramServiceExpensesAmt0230322
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016498
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311634
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0438318
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0505096
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03007 Citizens Parkway
IRS990/USAddress/CityNm0Selma
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036702
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0n/a
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Darrell Steward
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Co Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum03348752050
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wallace Community College Selma Foundati
ReturnHeader/Filer/BusinessNameControlTxt0WALL
ReturnHeader/Filer/EIN0630920650
ReturnHeader/Filer/PhoneNum03348769255

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