Civic Intelligence

Great Basin College Foundation

990 • Fiscal year 2017 • EIN 94-2861434

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 18, 2017

PO Box 2056Elko, NV 89803

(775) 753-2246

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

45th percentile

2.6%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2017

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2017

Assets

Up

$9,102,574

Up $462,041 (+5.3%) from 2015

Net Assets

Up

$9,060,022

Up $439,021 (+5.1%) from 2015

Liabilities

Up

$42,552

Up $23,020 (+118%) from 2015

Revenue

Up

$1,611,573

Up $634,797 (+65%) from 2015

Expenses

Up

$930,485

Up $319,484 (+52%) from 2015

Net Income

Up

$681,088

Up $315,313 (+86%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $5,465,252Liabilities 2011: $12,371Net Assets 2011: $5,452,8812011Assets 2012: $6,503,002Liabilities 2012: $37,601Net Assets 2012: $6,465,4012012Assets 2013: $6,743,150Liabilities 2013: $7,468Net Assets 2013: $6,735,6822013Assets 2014: $7,548,094Liabilities 2014: $8,626Net Assets 2014: $7,539,4682014Assets 2015: $8,640,533Liabilities 2015: $19,532Net Assets 2015: $8,621,0012015Assets 2017: $9,102,574Liabilities 2017: $42,552Net Assets 2017: $9,060,0222017Assets 2018: $9,778,214Liabilities 2018: $18,993Net Assets 2018: $9,759,2212018Assets 2019: $17,119,182Liabilities 2019: $61,306Net Assets 2019: $17,057,8762019Assets 2020: $16,514,544Liabilities 2020: $47,893Net Assets 2020: $16,466,6512020Assets 2021: $19,522,905Liabilities 2021: $1,000,161Net Assets 2021: $18,522,7442021Assets 2022: $13,766,452Liabilities 2022: $1,470,917Net Assets 2022: $12,295,5352022Assets 2023: $11,700,411Liabilities 2023: $48,952Net Assets 2023: $11,651,4592023Assets 2024: $12,672,550Liabilities 2024: $148,061Net Assets 2024: $12,524,4892024Assets 2025: $13,631,208Liabilities 2025: $72,279Net Assets 2025: $13,558,9292025

Highlighted filing

2017

Assets$9,102,574
Liabilities$42,552
Net Assets$9,060,022

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $592,2622011Revenue 2012: $1,839,921Expenses 2012: $783,616Net Income 2012: $1,056,3052012Expenses 2013: $760,4642013Revenue 2014: $547,634Expenses 2014: $566,206Net Income 2014: -$18,5722014Revenue 2015: $976,776Expenses 2015: $611,001Net Income 2015: $365,7752015Revenue 2017: $1,611,573Expenses 2017: $930,485Net Income 2017: $681,0882017Revenue 2018: $1,677,955Expenses 2018: $978,756Net Income 2018: $699,1992018Revenue 2019: $8,343,129Expenses 2019: $1,044,474Net Income 2019: $7,298,6552019Revenue 2020: $614,373Expenses 2020: $1,205,598Net Income 2020: -$591,2252020Revenue 2021: $6,426,390Expenses 2021: $4,370,297Net Income 2021: $2,056,0932021Revenue 2022: $2,685,144Expenses 2022: $7,525,307Net Income 2022: -$4,840,1632022Revenue 2023: $1,345,241Expenses 2023: $2,517,450Net Income 2023: -$1,172,2092023Revenue 2024: $1,204,768Expenses 2024: $1,287,704Net Income 2024: -$82,9362024Revenue 2025: $1,423,440Expenses 2025: $1,352,712Net Income 2025: $70,7282025

Highlighted filing

2017

Revenue$1,611,573
Expenses$930,485
Net Income$681,088
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 18, 2017
Return Version
2016v3.1
Gross Receipts
$1,611,573
Mission and Program Overview

Mission

Great basin college foundation cultivates, stewards, and manages resources from our communities for the benefit of the students and programs of great basin college.

Great basin college foundation cultivates, stewards and manages resources from our communitites for the benefit of the students and programs of great basin college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,151,932$9,060,022▲ $4,908,090
Investments in Publicly Traded Securities$5,901,216$7,312,973▲ $1,411,757
Cap Stk Tr Prin Current Funds$4,227,002--
Cash and Non-Interest-Bearing Accounts$473,136$1,026,610▲ $553,474
Pledges and Grants Receivable$808,391$454,567▼ $353,824
Savings and Temporary Cash Investments$1,233,608$180,543▼ $1,053,065
Total Assets$8,416,557$9,102,574▲ $686,017
Other Assets Total$206$127,881▲ $127,675
Liabilities
Accounts Payable and Accrued Expenses$37,623$42,552▲ $4,929
Total Liabilities$37,623$42,552▲ $4,929
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,378,934$9,060,022▲ $681,088
Total Liabilities and Net Assets / Fund Balance$8,416,557$9,102,574▲ $686,017

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$6,663,085$248,555▼ $93,405$4,500$6,643,935
2014$6,281,428$275,100▲ $274,051$37,834$663,085
2013$5,340,516$223,231▲ $923,046$14,674$6,281,428
2012$4,762,348$148,551▲ $643,209$41,833$5,340,516
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark LaffoonChair
Tana GallagherVice Chair
Chris JohnsonTrustee
Danny GillinsTrustee
Dave RodenTrustee
Dr Robert ColonTrustee
Gregory HafenTrustee
Holly WilsonTrustee
Jim WinerTrustee
John PryorTrustee
Kaley SproulTrustee
Maria AndersonTrustee
Zachary GerberTrustee
Angela PrindleTrustee/dire
Caroline McintoshTrustee/dire
Dr Mark CurtisSecretary(ex
James GlennonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$574,373
Program Service Revenue
$0
Investment Income
$1,026,672
Other Revenue
$10,528
All Other Contributions
$519,247
Change in Net Assets
$681,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,611,573
Total Revenue per Audited Statements
$1,611,573
Total Revenue per Form 990
$1,611,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$682,484
Salaries, Compensation, and Employee Benefits$139,745
Other Expenses$108,256
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$682,484--$682,484
Other Salaries and Wages-$106,030-$106,030
Fees for Service Investment Mgmnt Fees-$51,346-$51,346
Payroll Taxes-$33,715-$33,715
Fees for Services Accounting-$22,000-$22,000
Other Expenses-$12,488-$12,488
Office Expenses-$9,608-$9,608
Information Technology-$8,344-$8,344
Occupancy-$4,414-$4,414
Advertising-$56-$56
Total Functional Expenses$682,484$248,001$0$930,485

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$930,485
Total Expenses per Audited Statements$930,485
Total Expenses per Form 990$930,485
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Great Basin CollegeElko, NVGovSupport$463,219
Great Basin CollegeElko, NVGovScholarships$219,265
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
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The board of regents of the nevada of higher education (nshe) are considered members of the corporation. The great basin college foundation is related to the great basin college which is part of nshe.

Form 990, Page 6, Part VI, Line 7A

The regents, as members of the corporation accept each trustee within a year of nomination to the board.

Form 990, Page 6, Part VI, Line 7B

The regents, as members of the corporation, approve changes to the foundation's governing documents.

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

The foundation director provided an electronic copy of the form 990 to all trustees for their review prior to filing, with instructions for review and an invintation to contact staff with questions. The form 990 will be reviewed and approved by the finanance committee chair and the board of trustees chair.

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

Annual completion of questionnaire by trustees.

Form 990, Page 6, Part VI, Line 15A

Compensation is based on salary schedules of the nevada system of higher education, of which great basin college is a part. The foundation is an organization related to great basin college. Great basin college employs the foundation's staff. A portion of the payroll expenses is reimbursed by the foundation.

Form 990, Page 6, Part VI, Line 15B

Compensation is based on salary schedules of the nevada system of higher education, of which great basin college is a part. The foundation is an organization related to great basin college. Great basin college employs the foundation's staff. A portion of the payroll expenses is reimbursed by the foundation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Great Basin College Foundation
EIN
94-2861434
Phone
7757532246
Address
PO BOX 2056, ELKO, NV 89803

Signing Officer

Name
James Glennon
Title
Treasurer
Phone
7757532246
Signed
2017-01-18

Organization Details

Principal Officer
Mark Laffoon
Formed
1982
Legal Domicile
Nv
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Glennon & Sandoval
Address
475 RAILROAD ST, ELKO, NV 89801-3717
Preparer
James Glennon
Phone
7757778497
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010528
IRS990/OtherRevenueTotalAmt010528
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0106030
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106030
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033715
IRS990/PayrollTaxesGrp/TotalAmt033715
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0808391
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0454567
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARK LAFFOON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MISCELLANEOUS SUPPORT TO GREAT BASIN COLLEGE FOR VARIOUS COLLEGE RELATED PROGRAMS AND PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0463219
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0463219
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0459983
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0539749
IRS990/PYInvestmentIncomeAmt0136877
IRS990/PYOtherExpensesAmt092790
IRS990/PYOtherRevenueAmt09800
IRS990/PYRevenuesLessExpensesAmt0-148788
IRS990/PYSalariesCompEmpBnftPaidAmt0122909
IRS990/PYTotalExpensesAmt0755448
IRS990/PYTotalRevenueAmt0606660
IRS990/ReconcilationRevenueExpnssAmt0681088
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt055126
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04151932
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09060022
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01233608
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0180543
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt034,784
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0574373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0459983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0828454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0415943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0337485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02616238
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt015360
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0104002
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0206945
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0251554
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0577861
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01026672
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0136877
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0133165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0107457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0119126
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01523297
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09011
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt08568
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07405
IRS990ScheduleA/OtherIncome170Grp/TotalAmt034784
IRS990ScheduleA/PublicSupportCY170Pct00.67080
IRS990ScheduleA/PublicSupportPY170Pct00.84630
IRS990ScheduleA/PublicSupportTotal170Amt03194099
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0574373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0475343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0932456
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0622888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0589039
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03194099
IRS990ScheduleA/TotalSupportAmt04761708
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt09528
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt09528
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/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt051676
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06663085
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0248555
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06643935
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0118125
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-93405
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt04500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt071935
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06281428
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0275100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0663085
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt057725
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0274051
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt037834
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt067466
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05340516
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0223231
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06281428
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0123225
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0923046
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt014674
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt024534
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04762348
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0148551
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05340516
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt057225
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0643209
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt041833
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0true
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0930485
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueSubtotalAmt01611573
IRS990ScheduleD/TotalExpensesPerForm990Amt0930485
IRS990ScheduleD/TotalRevenuePerForm990Amt01611573
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01611573
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0930485
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0219265
IRS990ScheduleI/RecipientTable/CashGrantAmt1463219
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GREAT BASIN COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREAT BASIN COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0886000024
IRS990ScheduleI/RecipientTable/RecipientEIN1886000024
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01500 COLLEGE PKWY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11500 COLLEGE PKWY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ELKO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ELKO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NV
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd089801
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd189801
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF REGENTS OF THE NEVADA OF HIGHER EDUCATION (NSHE) ARE CONSIDERED MEMBERS OF THE CORPORATION. THE GREAT BASIN COLLEGE FOUNDATION IS RELATED TO THE GREAT BASIN COLLEGE WHICH IS PART OF NSHE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE REGENTS, AS MEMBERS OF THE CORPORATION ACCEPT EACH TRUSTEE WITHIN A YEAR OF NOMINATION TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE REGENTS, AS MEMBERS OF THE CORPORATION, APPROVE CHANGES TO THE FOUNDATION'S GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION DIRECTOR PROVIDED AN ELECTRONIC COPY OF THE FORM 990 TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING, WITH INSTRUCTIONS FOR REVIEW AND AN INVINTATION TO CONTACT STAFF WITH QUESTIONS. THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE FINANANCE COMMITTEE CHAIR AND THE BOARD OF TRUSTEES CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL COMPLETION OF QUESTIONNAIRE BY TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS BASED ON SALARY SCHEDULES OF THE NEVADA SYSTEM OF HIGHER EDUCATION, OF WHICH GREAT BASIN COLLEGE IS A PART. THE FOUNDATION IS AN ORGANIZATION RELATED TO GREAT BASIN COLLEGE. GREAT BASIN COLLEGE EMPLOYS THE FOUNDATION'S STAFF. A PORTION OF THE PAYROLL EXPENSES IS REIMBURSED BY THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION IS BASED ON SALARY SCHEDULES OF THE NEVADA SYSTEM OF HIGHER EDUCATION, OF WHICH GREAT BASIN COLLEGE IS A PART. THE FOUNDATION IS AN ORGANIZATION RELATED TO GREAT BASIN COLLEGE. GREAT BASIN COLLEGE EMPLOYS THE FOUNDATION'S STAFF. A PORTION OF THE PAYROLL EXPENSES IS REIMBURSED BY THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREAT BASIN COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0886000024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.6$0.07$13.6$1.42$1.35$0.07
2024Detailed filing. Detailed filing data is available for this year.$12.7$0.15$12.5$1.20$1.29$0.08
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.05$11.7$1.35$2.52$1.17
2022Detailed filing. Detailed filing data is available for this year.$13.8$1.47$12.3$2.69$7.53$4.84
2021Detailed filing. Detailed filing data is available for this year.$19.5$1.00$18.5$6.43$4.37$2.06
2020Detailed filing. Detailed filing data is available for this year.$16.5$0.05$16.5$0.61$1.21$0.59
2019Detailed filing. Detailed filing data is available for this year.$17.1$0.06$17.1$8.34$1.04$7.30
2018Detailed filing. Detailed filing data is available for this year.$9.78$0.02$9.76$1.68$0.98$0.70
2017Detailed filing. Detailed filing data is available for this year.$9.10$0.04$9.06$1.61$0.93$0.68
2015Detailed filing. Detailed filing data is available for this year.$8.64$0.02$8.62$0.98$0.61$0.37
2014Detailed filing. Detailed filing data is available for this year.$7.55$0.01$7.54$0.55$0.57$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$0.01$6.74$0.76
2012Summary only. Only limited summary data is available for this year.$6.50$0.04$6.47$1.84$0.78$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.01$5.45$0.59