CECIL COLLEGE FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CECIL COLLEGE FOUNDATION INC (EIN 23-7345298)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-10-02
IRS object ID
202402769349301710
Schema version
2023v5.1
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)
Return2024-10-02T14:57:16-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN251622758PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAHER DUESSEL CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11800 LINGLESTOWN ROAD SUITE 306AddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237345298EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CECIL COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCECIBusinessNameControlTxt
Phone4012871146PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE SEAHAWK DRIVEAddressLine1Txt
CityNORTH EASTCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN URICOLIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4012871146PhoneNum
Signature2024-10-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP00168809PTIN
Phone7172321230PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKAREN URICOLIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE SEAHAWK DRIVEAddressLine1Txt
CityNORTH EASTCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21901ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,263,221GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CECIL.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionPROVIDE FINANCIAL AID AND PROMOTE CECIL COLLEGEActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers24TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,321,513PYContributionsGrantsAmt
CY Contributions Grants$762,647CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$399,710PYInvestmentIncomeAmt
CY Investment Income$513,989CYInvestmentIncomeAmt
PY Other Revenue$60,708PYOtherRevenueAmt
CY Other Revenue$43,743CYOtherRevenueAmt
PY Total Revenue$2,781,931PYTotalRevenueAmt
CY Total Revenue$1,320,379CYTotalRevenueAmt
PY Grants And Similar Paid$310,323PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$359,853CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,295CYTotalFundraisingExpenseAmt
PY Other Expenses$219,058PYOtherExpensesAmt
CY Other Expenses$299,755CYOtherExpensesAmt
PY Total Expenses$529,381PYTotalExpensesAmt
CY Total Expenses$659,608CYTotalExpensesAmt
PY Revenues Less Expenses$2,252,550PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$660,771CYRevenuesLessExpensesAmt
Total Assets BOY$11,303,942TotalAssetsBOYAmt
Total Assets EOY$12,909,957TotalAssetsEOYAmt
Total Liabilities BOY$214,658TotalLiabilitiesBOYAmt
Total Liabilities EOY$213,707TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,089,284NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,696,250NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCECIL COLLEGE FOUNDATION, INC. IS THE PRIVATE FUNDING DEVELOPMENT ARM OF CECIL COLLEGE. IT SEEKS TO SUPPORT THE COLLEGE'S MISSION BY BRINGING TOGETHER COMMUNITY LEADERS OF AFFLUENCE AND INFLUENCE IN ALL AREAS OF CECIL COUNTY WHO WILL CREATE A DEVELOPMENT PLAN TO BRIDGE ANY FUNDING SHORTFALL IN THE COLLEGE'S ABILITY TO REACH ITS VISION. MEMBERS OF THE FOUNDATION WILL BE AMBASSADORS OF THE COLLEGE, BROADENING THE COLLEGE'S IMAGE WITHIN THE COMMUNITY AND CREATING PARTNERSHIPS WITH INDIVIDUALS, BUSINESSES, ORGANIZATIONS, AND FOUNDATIONS TO RAISE PRIVATE GIFTS FOR SCHOLARSHIPS, INSTRUCTIONAL EQUIPMENT, PROFESSIONAL DEVELOPMENT, AND CAPITAL NEEDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$359,853ExpenseAmt
Grant$359,853GrantAmt
DescGRANTS AND ALLOCATIONS PROVIDE STUDENT AID THUS ASSISTING STUDENTS TO COMPLETE A DEGREE OR PROGRAM THAT LEADS TO CERTIFICATIONS OR LICENSUREDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$209,319ExpenseAmt
DescARTS AND ATHLETICS PROGRAM EXPENDITURES ARE PAID ON BEHALF OF THE COLLEGE TO HELP PROMOTE A WELL-ROUNDED, COMPREHENSIVE COLLEGE EXPERIENCE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$569,172TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAREN URICOLI EXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4102871146PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE SEAHAWK DRIVEAddressLine1Txt
CityNORTH EASTCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21901ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeInd
FRANK MITA
CHAIR0.50Yes (X)Yes (X)$0$0$0
KENT METHVEN
TREASURER; VICE CHAIR0.50Yes (X)Yes (X)$0$0$0
GUY PALMERI
DIRECTOR0.50Yes (X)$0$0$0
WILLIAM DE FREITAS
DIRECTOR0.50Yes (X)$0$0$0
PATRICIA CROUCH
DIRECTOR0.50Yes (X)$0$0$0
JARED CROUSE
DIRECTOR0.50Yes (X)$0$0$0
BIJOY GHOSH
DIRECTOR0.50Yes (X)$0$0$0
DAVID MCGRATH
DIRECTOR0.50Yes (X)$0$0$0
JOHN METTEE
DIRECTOR0.50Yes (X)$0$0$0
SUSAN O'NEILL
DIRECTOR0.50Yes (X)$0$0$0
PATTI PAULUS
DIRECTOR0.50Yes (X)$0$0$0
BOBBY REYNOLDS
DIRECTOR0.50Yes (X)$0$0$0
JONATHAN SEIDENBERG
DIRECTOR0.50Yes (X)$0$0$0
SUELLLEN SCHEINER
DIRECTOR0.50Yes (X)$0$0$0
STANLEY BENSLEY
DIRECTOR0.50Yes (X)$0$0$0
DJ WOOTSON
DIRECTOR0.50Yes (X)$0$0$0
TARA EDWARDS
DIRECTOR0.50Yes (X)$0$0$0
EMILY FALONE
DIRECTOR0.50Yes (X)$0$0$0
KRISTINA BROWN
DIRECTOR0.50Yes (X)$0$0$0
REGINA NORTH
DIRECTOR0.50Yes (X)$0$0$0
ALAINE SCHUSTER
DIRECTOR0.50Yes (X)$0$0$0
JOSHUA SZEP
DIRECTOR0.50Yes (X)$0$0$0
ANDREA VUNCANNON
DIRECTOR0.50Yes (X)$0$0$0
SARAH COLENDA
TRUSTEE LIAISON0.50$0$0$0Yes (X)
KAREN URICOLI
EXECUTIVE DIRECTOR40.00Yes (X)$0$89,696$10,449
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$89,696TotReportableCompRltdOrgAmt
Total Other Compensation$10,449TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$25,994FundraisingAmt
All Other Contributions$736,653AllOtherContributionsAmt
Noncash Contributions$173,321NoncashContributionsAmt
Total Contributions$762,647TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$299,538TotalRevenueColumnAmt
Exclusion$299,538ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,076,288SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,861,837SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$214,451SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$214,451TotalRevenueColumnAmt
Exclusion$214,451ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$124,748FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$25,994ContriRptFundraisingEventAmt
Fundraising Direct Expenses$81,005FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,743TotalRevenueColumnAmt
Exclusion$43,743ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,320,379TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$557,732ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$359,853TotalAmt
Program Services$359,853ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,100TotalAmt
Management And General$9,100ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$42,221TotalAmt
Management And General$42,221ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,994TotalAmt
Management And General$6,994ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,673TotalAmt
Management And General$1,673ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPORT FOR COLLEGE PRO$209,319$209,319
DUES AND MEMBERSHIPS$26,153$26,153
DEVELOPMENT$4,295$4,295

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$659,608TotalAmt
Program Services$569,172ProgramServicesAmt
Management And General$86,141ManagementAndGeneralAmt
Fundraising$4,295FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$221,803BOYAmt
EOY$201,976EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$105,417BOYAmt
EOY$105,357EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,560BOYAmt
EOY$27,730EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$10,665,162BOYAmt
EOY$12,274,894EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$300,000BOYAmt
EOY$300,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,303,942BOYAmt
EOY$12,909,957EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$5,260EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$214,658BOYAmt
EOY$208,447EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$214,658BOYAmt
EOY$213,707EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,792,482BOYAmt
EOY$2,994,265EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,296,802BOYAmt
EOY$9,701,985EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,089,284BOYAmt
EOY$12,696,250EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,303,942BOYAmt
EOY$12,909,957EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$660,771ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$946,195NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CECIL COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN520908863EIN
Organization Type5OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$464,830SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$464,830SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

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

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,081,912BeginningYearBalanceAmt
Contributions$299,312ContributionsAmt
Investment Earnings Or Losses$886,871InvestmentEarningsOrLossesAmt
Grants Or Scholarships$226,595GrantsOrScholarshipsAmt
Administrative Expenses$82,769AdministrativeExpensesAmt
End Year Balance$7,958,731EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,978,833BeginningYearBalanceAmt
Contributions$575,536ContributionsAmt
Investment Earnings Or Losses$862,571InvestmentEarningsOrLossesAmt
Grants Or Scholarships$309,523GrantsOrScholarshipsAmt
Administrative Expenses$25,505AdministrativeExpensesAmt
End Year Balance$7,081,912EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,374,703BeginningYearBalanceAmt
Contributions$171,939ContributionsAmt
Investment Earnings Or Losses-$418,801InvestmentEarningsOrLossesAmt
Grants Or Scholarships$108,248GrantsOrScholarshipsAmt
Administrative Expenses$40,760AdministrativeExpensesAmt
End Year Balance$5,978,833EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,405,184BeginningYearBalanceAmt
Contributions$411,007ContributionsAmt
Investment Earnings Or Losses$717,913InvestmentEarningsOrLossesAmt
Grants Or Scholarships$106,173GrantsOrScholarshipsAmt
Administrative Expenses$53,228AdministrativeExpensesAmt
End Year Balance$6,374,703EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,398,682BeginningYearBalanceAmt
Contributions$125,890ContributionsAmt
Investment Earnings Or Losses$47,903InvestmentEarningsOrLossesAmt
Grants Or Scholarships$110,252GrantsOrScholarshipsAmt
Other Expenditures$6,627OtherExpendituresAmt
Administrative Expenses$50,412AdministrativeExpensesAmt
End Year Balance$5,405,184EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.85000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.15000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescANNUITY PAYABLEDesc
Amt$208,447Amt
FieldValueIRS element (for citing)
Total Liability$208,447TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,748,565TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$946,195NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$602,667DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,548,862RevenueNotReportedAmt
Revenue Subtotal$1,199,703RevenueSubtotalAmt
Investment Expenses Not Incld$42,221InvestmentExpensesNotIncldAmt
Other Revenues Not Included$78,455OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$120,676RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,320,379TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,141,599TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$602,667DonatedServicesUseFcltsAmt
Expenses Not Reported$602,667ExpensesNotReportedAmt
Expenses Subtotal$538,932ExpensesSubtotalAmt
Investment Expenses Not Incld2$42,221InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$78,455OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$120,676ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$659,608TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE FOUNDATION MAINTAINS AN ENDOWMENT FUND TO FUND SCHOLARSHIPS TO STUDENTS AT CECIL COLLEGE AND TO PROMOTE THE GENERAL WELFARE AND GROWTH OF CECIL COLLEGE.
PART X, LINE 2:THE FOUNDATION HAD ADOPTED THE GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10), WHICH PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO RECOGNIZES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE FOUNDATION DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE
PART XII, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE
PART V, LINE 4THE FOUNDATION'S ENDOWMENTS SUPPORT A VARIETY OF SCHOLARSHIPS AND PROGRAMS AT CECIL COLLEGE.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$34,690GrossReceiptsEvent1Amt
Charitable Contri Event1$1,447CharitableContriEvent1Amt
Gross Revenue Event1$33,243GrossRevenueEvent1Amt
Rent Facility Costs Event1$8,420RentFacilityCostsEvent1Amt
Food And Beverage Event1$5,460FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$191OtherDirectExpensesEvent1Amt
Event2GALAEvent2Nm
Gross Receipts Event2$95,502GrossReceiptsEvent2Amt
Charitable Contri Event2$24,302CharitableContriEvent2Amt
Gross Revenue Event2$71,200GrossRevenueEvent2Amt
Rent Facility Costs Event2$14,000RentFacilityCostsEvent2Amt
Food And Beverage Event2$31,310FoodAndBeverageEvent2Amt
Entertainment Event2$7,360EntertainmentEvent2Amt
Other Direct Expenses Event2$5,486OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$20,550GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$245CharitableContriOtherEventsAmt
Gross Revenue Other Events$20,305GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$5,635RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$875FoodAndBeverageOtherEventsAmt
Entertainment Other Events$1,075EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$1,193OthDirectExpnssOtherEventsAmt
Gross Receipts Total$150,742GrossReceiptsTotalAmt
Charitable Contributions Tot$25,994CharitableContributionsTotAmt
Gross Revenue Total Events$124,748GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$28,055RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$37,645FoodAndBeverageTotalEventsAmt
Entertainment Total Events$8,435EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$6,870OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$81,005DirectExpenseSummaryEventsAmt
Net Income Summary$43,743NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS TO STUDENTS ARE SELECTED BY THE FOUNDATION BOARD WITH ASSISTANCE FROM ACADEMIC WORKS.GrantTypeTxt
Recipient353RecipientCnt
Cash Grant$359,853CashGrantAmt
Valuation Method UsedCASHValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFUNDS ARE NOT DISTRIBUTED OR AVAILABLE UNTIL ALL ELIGIBILITY REQUIREMENTS ARE MET BY RECIPIENTS.ExplanationTxt

Schedule M IRS990ScheduleM

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$115,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution13ContributionCnt
Noncash Contributions Rpt F990$2,445NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescELECTRICAL EQUIPMENTDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$30,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE DRAFT FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD BEFORE BEING APPROVED TO BE ISSUED. ONCE ISSUED, A FINAL COPY IS PROVIDED TO MANAGEMENT AND THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION HAS IMPLEMENTED THE FOLLOWING PROCEDURE FOR MAINTAINING UPDATED CONFLICT OF INTEREST POLICY INFORMATION. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED AT THE FIRST MEETING OF THE FOUNDATION EACH NEW FISCAL YEAR. DIRECTORS ARE ASKED TO REVIEW THE POLICY AND CONFIRM BY SIGNATURE THAT NO CURRENT OR FUTURE (90 DAYS) CONFLICTS EXIST.
FORM 990, PART VI, SECTION C, LINE 18ALL POLICIES ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST. ADDITIONALLY, A PUBLIC COPY OF ANY POLICY WILL BE GIVEN TO ANYONE WHO VISITS THE FOUNDATION OFFICES AND REQUESTS A COPY OF BYLAWS, POLICIES, OR FINANCIAL STATEMENTS (PUBLIC COPY).
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CECIL COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE SEAHAWK DRIVEAddressLine1Txt
CityNORTH EASTCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21091ZIPCd
FieldValueIRS element (for citing)
EIN520908863EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateMDLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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