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NASH COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
NASH COMMUNITY COLLEGE FOUNDATION INC (EIN 58-1587982)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-03-19
IRS object ID
202430799349301313
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-19T13:57:37-04:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560731535PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1S PRESTON DOUGLAS & ASSOCIATES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2339AddressLine1Txt
CityLUMBERTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP283592339ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581587982EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NASH COMMUNITY COLLEGE FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNASHBusinessNameControlTxt
Phone2524434011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 7488AddressLine1Txt
CityROCKY MOUNTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27804ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonR LEE CURRINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2524434011PhoneNum
Signature2024-01-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstR LEEPersonFirstNm
Person LastCURRINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L GRISSOM IIIPreparerPersonNm
PTINP01445509PTIN
Phone9107397523PhoneNum
Preparation2024-01-25PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerR LEE CURRINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 7488AddressLine1Txt
CityROCKY MOUNTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27804ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,713,237GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NASHCC.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTHE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$523,112PYContributionsGrantsAmt
CY Contributions Grants$2,937,785CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$1,134,295PYInvestmentIncomeAmt
CY Investment Income$783,647CYInvestmentIncomeAmt
PY Other Revenue$10,145PYOtherRevenueAmt
CY Other Revenue$25,029CYOtherRevenueAmt
PY Total Revenue-$601,038PYTotalRevenueAmt
CY Total Revenue$3,746,461CYTotalRevenueAmt
PY Grants And Similar Paid$470,557PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$925,909CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,643CYTotalFundraisingExpenseAmt
PY Other Expenses$149,612PYOtherExpensesAmt
CY Other Expenses$137,408CYOtherExpensesAmt
PY Total Expenses$620,169PYTotalExpensesAmt
CY Total Expenses$1,063,317CYTotalExpensesAmt
PY Revenues Less Expenses-$1,221,207PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,683,144CYRevenuesLessExpensesAmt
Total Assets BOY$8,100,200TotalAssetsBOYAmt
Total Assets EOY$10,783,240TotalAssetsEOYAmt
Total Liabilities BOY$9,434TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,330TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,090,766NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,773,910NetAssetsOrFundBalancesEOYAmt
MissionTHE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$928,772ExpenseAmt
Grant$925,909GrantAmt
DescCONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE.Desc
Total Program Service Expenses$928,772TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPAMELA BALLEWPersonNm
Phone2524434011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 7488AddressLine1Txt
CityROCKY MOUNTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27804ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TIM OAKLEY
PRESIDENTYes (X)Yes (X)$0$0$0
BRIAN HUTSON
VICE PRESIDEYes (X)Yes (X)$0$0$0
R LEE CURRIN
TREASURERYes (X)Yes (X)$0$0$0
DON RAPER
PAST PRESIDEYes (X)Yes (X)$0$0$0
LYN BROWN
SECRETARYYes (X)Yes (X)$0$0$0
DONNA REAMS
TRUSTEEYes (X)$0$0$0
EVAN COVINGTON CHAVEZ
TRUSTEEYes (X)$0$0$0
KEVIN COX
TRUSTEEYes (X)$0$0$0
ROYAL DAVID
TRUSTEEYes (X)$0$0$0
LANK DUNTON
TRUSTEEYes (X)$0$0$0
TANYA EVANS
TRUSTEEYes (X)$0$0$0
STEVE FELTON
TRUSTEEYes (X)$0$0$0
KATHERINE WIGGINS FISHER
TRUSTEEYes (X)$0$0$0
ERIN GALL
TRUSTEEYes (X)$0$0$0
MARBETH HOLMES
TRUSTEEYes (X)$0$0$0
DONNELL BATTLE
TRUSTEEYes (X)$0$0$0
PAUL JABER
TRUSTEEYes (X)$0$0$0
WILL KORNEGAY
TRUSTEEYes (X)$0$0$0
ALAN MOORE
TRUSTEEYes (X)$0$0$0
ROBYN PERKERSON
TRUSTEEYes (X)$0$0$0
RUSSELL PROCTOR
TRUSTEEYes (X)$0$0$0
GEORGE ROBINSON
TRUSTEEYes (X)$0$0$0
KIM SUTTON
TRUSTEEYes (X)$0$0$0
CRAIG WORTHY
TRUSTEEYes (X)$0$0$0
DR ROBERT E ZIPF JR
TRUSTEEYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$9,105FundraisingAmt
All Other Contributions$2,928,680AllOtherContributionsAmt
Noncash Contributions$214,906NoncashContributionsAmt
Total Contributions$2,937,785TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$247,484TotalRevenueColumnAmt
Exclusion$247,484ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,474,705SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,938,542SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$536,163SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$536,163TotalRevenueColumnAmt
Related Or Exempt Func Income$536,163RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$53,263FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$9,105ContriRptFundraisingEventAmt
Fundraising Direct Expenses$28,234FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,029TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,746,461TotalRevenueColumnAmt
Related Or Exempt Func Income$536,163RelatedOrExemptFuncIncomeAmt
Exclusion$247,484ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$925,909TotalAmt
Program Services$925,909ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,500TotalAmt
Management And General$7,500ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$33,943TotalAmt
Management And General$33,943ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,173TotalAmt
Management And General$4,173ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,603TotalAmt
Management And General$4,603ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$16,002TotalAmt
Management And General$16,002ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$46TotalAmt
Management And General$46ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,927TotalAmt
Management And General$1,927ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
OTHER EXPENSES$33,267$15,624$17,643
NCC PROGRAM SUPPLIES$24,247$24,247
BAD DEBT EXPENSE$8,837$8,837
SPECIAL EVENTS$2,863$2,863

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,063,317TotalAmt
Program Services$928,772ProgramServicesAmt
Management And General$116,902ManagementAndGeneralAmt
Fundraising$17,643FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$248,009BOYAmt
EOY$786,024EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,859BOYAmt
EOY$395,370EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$35,000BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,800,332BOYAmt
EOY$9,601,846EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,100,200BOYAmt
EOY$10,783,240EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,091BOYAmt
EOY$2,101EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$6,343BOYAmt
EOY$7,229EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,434BOYAmt
EOY$9,330EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$236,582BOYAmt
EOY$322,189EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,854,184BOYAmt
EOY$10,451,721EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,090,766BOYAmt
EOY$10,773,910EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,100,200BOYAmt
EOY$10,783,240EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,683,144ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$761,843CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$759,195CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,283,028CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$523,112CurrentTaxYearMinus1YearAmt
Current Tax Year$2,937,785CurrentTaxYearAmt
Total$6,264,963TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$159,216CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$154,130CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$159,013CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$164,708CurrentTaxYearMinus1YearAmt
Current Tax Year$179,016CurrentTaxYearAmt
Total$816,083TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$921,059CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$913,325CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,442,041CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$687,820CurrentTaxYearMinus1YearAmt
Current Tax Year$3,116,801CurrentTaxYearAmt
Total$7,081,046TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,723,321SubstantialContributorsTotAmt
Public Support Total170$5,357,725PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$245,953CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$247,262CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$191,324CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$298,624CurrentTaxYearMinus1YearAmt
Current Tax Year$247,484CurrentTaxYearAmt
Total$1,230,647TotalAmt
FieldValueIRS element (for citing)
Total Support$8,311,693TotalSupportAmt
Gross Receipts Rltd Activities$157,584GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64460PublicSupportCY170Pct
Public Support PY1700.77620PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee EtcYes (true)AgentTrusteeEtcInd
Beginning Balance$6,343BeginningBalanceAmt
Ending Balance$7,229EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,838,308BeginningYearBalanceAmt
Contributions$1,712,229ContributionsAmt
Investment Earnings Or Losses$746,736InvestmentEarningsOrLossesAmt
Grants Or Scholarships$206,507GrantsOrScholarshipsAmt
Administrative Expenses$33,611AdministrativeExpensesAmt
End Year Balance$10,057,154EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,869,437BeginningYearBalanceAmt
Contributions$288,628ContributionsAmt
Investment Earnings Or Losses-$1,121,224InvestmentEarningsOrLossesAmt
Grants Or Scholarships$160,780GrantsOrScholarshipsAmt
Administrative Expenses$37,753AdministrativeExpensesAmt
End Year Balance$7,838,308EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,346,921BeginningYearBalanceAmt
Contributions$793,439ContributionsAmt
Investment Earnings Or Losses$1,931,723InvestmentEarningsOrLossesAmt
Grants Or Scholarships$171,772GrantsOrScholarshipsAmt
Administrative Expenses$30,874AdministrativeExpensesAmt
End Year Balance$8,869,437EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,987,168BeginningYearBalanceAmt
Contributions$274,737ContributionsAmt
Investment Earnings Or Losses$193,455InvestmentEarningsOrLossesAmt
Grants Or Scholarships$82,324GrantsOrScholarshipsAmt
Administrative Expenses$26,115AdministrativeExpensesAmt
End Year Balance$6,346,921EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,557,757BeginningYearBalanceAmt
Contributions$204,269ContributionsAmt
Investment Earnings Or Losses$357,421InvestmentEarningsOrLossesAmt
Grants Or Scholarships$107,888GrantsOrScholarshipsAmt
Administrative Expenses$24,391AdministrativeExpensesAmt
End Year Balance$5,987,168EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,944,848TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$173,016DonatedServicesAndUseFcltsAmt
Revenue Not Reported$173,016RevenueNotReportedAmt
Revenue Subtotal$3,771,832RevenueSubtotalAmt
Other Revenues Not Included-$25,371OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$25,371RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,746,461TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,261,704TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$173,016DonatedServicesUseFcltsAmt
Other Expenses Included$25,371OtherExpensesIncludedAmt
Expenses Not Reported$198,387ExpensesNotReportedAmt
Expenses Subtotal$1,063,317ExpensesSubtotalAmt
Total Expenses Per Form990$1,063,317TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART IV, LINE 1BSCHOLARSHIP MONEY IS DEPOSITED WITH THE FOUNDATION FOR SPECIFIC STUDENTS.
SCHEDULE D, PAGE 2, PART IV, LINE 2BSCHOLARSHIP MONEY IS DEPOSITED WITH THE FOUNDATION FOR SPECIFIC STUDENTS.
SCHEDULE D, PAGE 2, PART V, LINE 4ENDOWMENT FUNDS AND THEIR EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER SUPPORT TO NASH COMMUNITY COLLEGE.
SCHEDULE D, PAGE 3, PART XTHE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE FOUNDATION IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESEHOLD WHEREBY TAX BENEIFTS ARE ONLY RECOGNIZED WHEN THE FOUNDATION BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITITES. THE FOUNDATION HAS EVALUATED ALL TAX POSITIONS AND DETEREMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2023.
SCHEDULE D, PAGE 4, PART XI, LINE 4BFUNDRAISING EVENT EXPENSES -25,371
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EVENT EXPENSES 25,371

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$38,550GrossReceiptsEvent1Amt
Charitable Contri Event1$9,105CharitableContriEvent1Amt
Gross Revenue Event1$29,445GrossRevenueEvent1Amt
Other Direct Expenses Event1$12,887OtherDirectExpensesEvent1Amt
Event2CLAY SHOOTING REvent2Nm
Gross Receipts Event2$23,818GrossReceiptsEvent2Amt
Gross Revenue Event2$23,818GrossRevenueEvent2Amt
Other Direct Expenses Event2$15,347OtherDirectExpensesEvent2Amt
Gross Receipts Total$62,368GrossReceiptsTotalAmt
Charitable Contributions Tot$9,105CharitableContributionsTotAmt
Gross Revenue Total Events$53,263GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$28,234OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$28,234DirectExpenseSummaryEventsAmt
Net Income Summary$25,029NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1NASH COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1522 N OLD CARRIAGE ROADAddressLine1Txt
CityROCKY MOUNTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27804ZIPCd
FieldValueIRS element (for citing)
Recipient EIN560895794RecipientEIN
IRC Section170C1IRCSectionDesc
Cash Grant$925,909CashGrantAmt
Purpose Of GrantSCHOLARSHIPSPurposeOfGrantTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE FOUNDATION RECEIVES CHARITABLE CONTRIBUTIONS WHICH ARE PROVIDED EXCLUSIVELY TO NASH COMMUNITY COLLEGE FOR SCHOLARSHIPS AND OTHER BENEFICIAL ACTIVITIES FOR STUDENTS ATTENDING THE COLLEGE.ExplanationTxt

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$41,890NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$173,016NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 AND ALL SUPPORTING SCHEDULES PRIOR TO SUBMISSION.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS ARE INSTRUCTED TO NOTIFY THE FOUNDATION OF ANY CONFLICTS OF INTEREST THAT ARISE. THE FOUNDATION MONITORS ANY CONFLICTS OF INTEREST SITUATIONS FOR COMPLIANCE WITH OUR POLICY.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTATION IS MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9FUNDRAISING EVENT EXPENSES 25,371 FUNDRAISING EVENT EXPENSES -25,371

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1NASH COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1522 N OLD CARRIAGE ROADAddressLine1Txt
CityROCKY MOUNTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27804ZIPCd
FieldValueIRS element (for citing)
EIN560895794EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section170C1ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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