BELLINGHAM TECHNICAL COLLEGE FOUNDATION: Form 990, tax year 2022
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- Organization
- BELLINGHAM TECHNICAL COLLEGE FOUNDATION (EIN 91-1658027)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-23
- IRS object ID
- 202401149349301225
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-23T11:27:34-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882533599 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WERSEN NONPROFIT CPAS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4513 Lakeway Drive | AddressLine1Txt |
| City | Bellingham | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98229 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911658027 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bellingham Technical College Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BELL | BusinessNameControlTxt |
| Phone | 3607528470 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3028 Lindbergh Avenue | AddressLine1Txt |
| City | Bellingham | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98225 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lin Nelson | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 3607528470 | PhoneNum |
| Signature | 2024-04-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Lin | PersonFirstNm |
| Person Last | Nelson | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Keaton Wersen CPA | PreparerPersonNm |
| PTIN | P01957642 | PTIN |
| Phone | 3607709369 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lin Nelson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3028 Lindbergh Avenue | AddressLine1Txt |
| City | Bellingham | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,585,213 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.btcfound.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | Enhancing instructional programs at Bellingham Technical College. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,042,258 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,423,715 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $114,084 | PYInvestmentIncomeAmt |
| CY Investment Income | $128,404 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,156,342 | PYTotalRevenueAmt |
| CY Total Revenue | $2,552,119 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $455,428 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,206,570 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $19,670 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $99,423 | PYOtherExpensesAmt |
| CY Other Expenses | $119,769 | CYOtherExpensesAmt |
| PY Total Expenses | $554,851 | PYTotalExpensesAmt |
| CY Total Expenses | $1,326,339 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $601,491 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,225,780 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,243,801 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,302,523 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,432 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $342,333 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,208,369 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,960,190 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Enhancing instructional programs at Bellingham Technical College. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,207,205 | ExpenseAmt |
| Grant | $1,206,570 | GrantAmt |
| Desc | Students and faculty receive scholarships, emergency funding and program enhancements in the form of cash, computers, software, instrumental equipment, vehicles and vehicle parts. | Desc |
| Total Program Service Expenses | $1,207,205 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chad Stiteler | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3607528470 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3028 Lindbergh Avenue | AddressLine1Txt |
| City | Bellingham | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98225 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Lin Nelson | ||||||
| Board President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Tiffany Blair | ||||||
| Board Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Norm Vigre | ||||||
| Board Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Crystal Greear | ||||||
| Board Treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | |
| David Blair | ||||||
| Board Emeritus | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Pamela Brady | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Burke | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Lance Calloway | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Debbie Granger | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Steve Kimberley | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| James Lemerond | ||||||
| Board Ex Officio | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Walter Michelutti | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Morse | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Gary Nelson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Celina Phair | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Russ Whidbee | ||||||
| Board Emeritus | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dennis Williams | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Alyssa Willis | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dean Fulton | ||||||
| Foundation Director | 40.00 | Yes (X) | $103,821 | $0 | $57,531 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $103,821 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $57,531 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,423,715 | AllOtherContributionsAmt |
| Noncash Contributions | $55,106 | NoncashContributionsAmt |
| Total Contributions | $2,423,715 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $131,498 | TotalRevenueColumnAmt |
| Exclusion | $131,498 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,094 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$3,094 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,094 | TotalRevenueColumnAmt |
| Exclusion | -$3,094 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,552,119 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $128,404 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $473,640 | TotalAmt |
| Program Services | $473,640 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $732,930 | TotalAmt |
| Program Services | $732,930 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Management And General | $30,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,540 | TotalAmt |
| Management And General | $21,540 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,000 | TotalAmt |
| Management And General | $20,000 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| Dues and subscriptions | $24,877 | $24,877 | |
| Fundraising and steward | $19,670 | $19,670 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,682 | TotalAmt |
| Program Services | $635 | ProgramServicesAmt |
| Management And General | $3,047 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,326,339 | TotalAmt |
| Program Services | $1,207,205 | ProgramServicesAmt |
| Management And General | $99,464 | ManagementAndGeneralAmt |
| Fundraising | $19,670 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $641,507 | BOYAmt |
| EOY | $328,750 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,588 | BOYAmt |
| EOY | $19,669 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,579,006 | BOYAmt |
| EOY | $6,953,404 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $700 | BOYAmt |
| EOY | $700 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,243,801 | BOYAmt |
| EOY | $7,302,523 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,902 | BOYAmt |
| EOY | $327,534 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,530 | BOYAmt |
| EOY | $14,799 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,432 | BOYAmt |
| EOY | $342,333 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,566 | BOYAmt |
| EOY | $537,486 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,773,803 | BOYAmt |
| EOY | $6,422,704 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,208,369 | BOYAmt |
| EOY | $6,960,190 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,243,801 | BOYAmt |
| EOY | $7,302,523 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,225,780 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $526,041 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,010,488 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $543,249 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $770,989 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,042,258 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,423,715 | CurrentTaxYearAmt |
| Total | $5,790,699 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $244,306 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,128 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $232,517 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $234,021 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $280,779 | CurrentTaxYearAmt |
| Total | $1,218,751 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,254,794 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $770,377 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,003,506 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,276,279 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,704,494 | CurrentTaxYearAmt |
| Total | $7,009,450 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,587,147 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,422,303 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $88,513 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,576 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $90,593 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $114,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $131,498 | CurrentTaxYearAmt |
| Total | $515,893 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,525,343 | TotalSupportAmt |
| Public Support CY170 | 0.72050 | PublicSupportCY170Pct |
| Public Support PY170 | 0.85670 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,975,180 | BeginningYearBalanceAmt |
| Contributions | $365,722 | ContributionsAmt |
| Investment Earnings Or Losses | $496,250 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $222,430 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $46,190 | AdministrativeExpensesAmt |
| End Year Balance | $4,568,532 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,326,438 | BeginningYearBalanceAmt |
| Contributions | $614,538 | ContributionsAmt |
| Investment Earnings Or Losses | -$750,409 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $176,063 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $39,324 | AdministrativeExpensesAmt |
| End Year Balance | $3,975,180 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,227,852 | BeginningYearBalanceAmt |
| Contributions | $314,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,028,477 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $187,668 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $56,223 | AdministrativeExpensesAmt |
| End Year Balance | $4,326,438 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,126,413 | BeginningYearBalanceAmt |
| Contributions | $137,701 | ContributionsAmt |
| Investment Earnings Or Losses | $140,771 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $134,058 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $42,975 | AdministrativeExpensesAmt |
| End Year Balance | $3,227,852 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,612,685 | BeginningYearBalanceAmt |
| Contributions | $474,123 | ContributionsAmt |
| Investment Earnings Or Losses | $202,560 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $128,208 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $34,748 | AdministrativeExpensesAmt |
| End Year Balance | $3,126,412 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02856 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.97144 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Cash held for others | Desc |
| Amt | $14,799 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,799 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $3,328,940 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $526,042 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $280,779 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $806,821 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,522,119 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $30,000 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $30,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,552,119 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,577,119 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $280,779 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | -$30,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $250,779 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,326,340 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,326,340 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Foundation works with the Student Financial Resources (Financial Aid) office to place funds in students' accounts. These awards are monitored and adjusted or removed based on student requests, lack of enrollment, and input from financial aid. All scholarship accounts are reconciled quarterly by the business office. Other program expenses are requested through the Foundation and awarded for various program or campus initiatives. Funds are tracked through the donor management system and entered into QuickBooks by the business office and reconciled quarterly. |
| Part XII, Line 2d - Other Adjustments: | Investment fees netted with revenue on 990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bellingham Technical College | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3028 Lindbergh Ave | AddressLine1Txt |
| City | Bellingham | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 911526618 | RecipientEIN |
| IRC Section | 115 | IRCSectionDesc |
| Cash Grant | $418,534 | CashGrantAmt |
| Non Cash Assistance | $55,106 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | Equipment | NonCashAssistanceDesc |
| Purpose Of Grant | College programs | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships | 310 | $719,527 |
| Professional development grants and awards | 24 | $13,403 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Foundation works with the Student Financial Resources (Financial Aid) office to place funds in students' accounts. These awards are monitored and adjusted or removed based on student requests, lack of enrollment, and input from financial aid. All scholarship accounts are reconciled quarterly by the business office. Other program expenses are requested through the Foundation and awarded for various program or campus initiatives. Funds are tracked through the donor management system and entered into QuickBooks by the business office and then reconciled quarterly. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dean Fulton | PersonNm |
| Title | Foundation Director | TitleTxt |
| Base Compensation Filing Org | $103,821 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $29,310 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $28,221 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $161,352 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part II | FormAndLineReferenceDesc |
| Explanation | Dean Fulton received salary and benefits (retirement and health) from Bellingham Technical College for services provided to the Foundation as the Foundation Director. | ExplanationTxt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $39,426 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Tools and equipment | 5 | $11,650 | FMV |
| Yes (X) | Other | 2 | $4,030 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Board and Foundation Director review the Form 990 prior to filing. |
| Form 990, Part VI, Section B, line 12c | Conflicts of interest are handled on a case by case basis as the situation occurs. If a situation arises, the Foundation Director will ask the relevant party to recluse themselves from the decision/action that may be perceived as a conflict of interest. |
| Form 990, Part VI, Section C, line 19 | Governing documents and financial statements are available to the public upon request. |
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