NASH COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
NASH COMMUNITY COLLEGE FOUNDATION INC (EIN 58-1587982)
Tax period
2021-07-01 to 2022-06-30
Filed
2022-11-09
IRS object ID
202223139349303072
Schema version
2021v4.0
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)
Return2022-11-09T13:02:26-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

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 Begin2021-07-01TaxPeriodBeginDt

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
Signature2022-11-08SignatureDt
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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L GRISSOM IIIPreparerPersonNm
PTINP01445509PTIN
Phone9107397523PhoneNum
Preparation2022-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$4,530,061GrossReceiptsAmt
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 Body27VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,283,028PYContributionsGrantsAmt
CY Contributions Grants$523,112CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,955,203PYInvestmentIncomeAmt
CY Investment Income-$1,134,295CYInvestmentIncomeAmt
PY Other Revenue-$5,880PYOtherRevenueAmt
CY Other Revenue$10,145CYOtherRevenueAmt
PY Total Revenue$3,232,351PYTotalRevenueAmt
CY Total Revenue-$601,038CYTotalRevenueAmt
PY Grants And Similar Paid$510,488PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$470,557CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$28,721CYTotalFundraisingExpenseAmt
PY Other Expenses$79,547PYOtherExpensesAmt
CY Other Expenses$149,612CYOtherExpensesAmt
PY Total Expenses$590,035PYTotalExpensesAmt
CY Total Expenses$620,169CYTotalExpensesAmt
PY Revenues Less Expenses$2,642,316PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,221,207CYRevenuesLessExpensesAmt
Total Assets BOY$9,316,373TotalAssetsBOYAmt
Total Assets EOY$8,100,200TotalAssetsEOYAmt
Total Liabilities BOY$4,400TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,434TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,311,973NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,090,766NetAssetsOrFundBalancesEOYAmt
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$472,113ExpenseAmt
Grant$470,557GrantAmt
DescCONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE.Desc
Total Program Service Expenses$472,113TotalProgramServiceExpensesAmt
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 EquipmentYes (true)ReportLandBuildingEquipmentInd
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 Members27GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
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 (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DON RAPER
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
DONNELL BATTLE
VICE PRESIDE1.00Yes (X)Yes (X)$0$0$0
R LEE CURRIN
TREASURER1.00Yes (X)Yes (X)$0$0$0
DONNA REAMS
PAST PRESIDE1.00Yes (X)Yes (X)$0$0$0
LYN BROWN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
GENIA TYSON BONE
TRUSTEE0.50Yes (X)$0$0$0
EVAN COVINGTON CHAVEZ
TRUSTEE0.50Yes (X)$0$0$0
KEVIN COX
TRUSTEE0.50Yes (X)$0$0$0
ROYAL DAVID
TRUSTEE0.50Yes (X)$0$0$0
LANK DUNTON
TRUSTEE0.50Yes (X)$0$0$0
TANYA EVANS
TRUSTEE0.50Yes (X)$0$0$0
STEVE FELTON
TRUSTEE0.50Yes (X)$0$0$0
KATHERINE WIGGINS FISHER
TRUSTEE0.50Yes (X)$0$0$0
ERIN GALL
TRUSTEE0.50Yes (X)$0$0$0
MARBETH HOLMES
TRUSTEE0.50Yes (X)$0$0$0
BRIAN HUTSON
TRUSTEE0.50Yes (X)$0$0$0
PAUL JABER
TRUSTEE0.50Yes (X)$0$0$0
WILL KORNEGAY
TRUSTEE0.50Yes (X)$0$0$0
ALAN MOORE
TRUSTEE0.50Yes (X)$0$0$0
TIMOTHY D OAKLEY
TRUSTEE0.50Yes (X)$0$0$0
ROBYN PERKERSON
TRUSTEE0.50Yes (X)$0$0$0
DINA PITT
TRUSTEE0.50Yes (X)$0$0$0
RUSSELL PROCTOR
TRUSTEE0.50Yes (X)$0$0$0
GEORGE ROBINSON
TRUSTEE0.50Yes (X)$0$0$0
KIM SUTTON
TRUSTEE0.50Yes (X)$0$0$0
CRAIG WORTHY
TRUSTEE0.50Yes (X)$0$0$0
DR ROBERT E ZIPF JR
TRUSTEE0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$18,303FundraisingAmt
All Other Contributions$504,809AllOtherContributionsAmt
Noncash Contributions$47,084NoncashContributionsAmt
Total Contributions$523,112TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$298,624TotalRevenueColumnAmt
Exclusion$298,624ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,659,744SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,092,663SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,432,919SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,432,919TotalRevenueColumnAmt
Related Or Exempt Func Income-$1,432,919RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$48,581FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$18,303ContriRptFundraisingEventAmt
Fundraising Direct Expenses$38,436FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,145TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column-$601,038TotalRevenueColumnAmt
Related Or Exempt Func Income-$1,432,919RelatedOrExemptFuncIncomeAmt
Exclusion$298,624ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$470,557TotalAmt
Program Services$470,557ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,350TotalAmt
Management And General$7,350ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$38,196TotalAmt
Management And General$38,196ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,826TotalAmt
Management And General$4,826ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,020TotalAmt
Management And General$4,020ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,643TotalAmt
Management And General$13,643ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$104TotalAmt
Management And General$104ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,383TotalAmt
Management And General$1,383ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
NCC PROGRAM SUPPLIES$47,084$18,363$28,721
BAD DEBT EXPENSE$21,873$21,873
OTHER EXPENSES$9,577$9,577
SPECIAL EVENTS$1,556$1,556

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$620,169TotalAmt
Program Services$472,113ProgramServicesAmt
Management And General$119,335ManagementAndGeneralAmt
Fundraising$28,721FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$149,000BOYAmt
EOY$248,009EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$220,454BOYAmt
EOY$16,859EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$605BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$35,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,911,314BOYAmt
EOY$7,800,332EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,316,373BOYAmt
EOY$8,100,200EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$691BOYAmt
EOY$3,091EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8BOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$3,701BOYAmt
EOY$6,343EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,400BOYAmt
EOY$9,434EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$226,175BOYAmt
EOY$236,582EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,085,798BOYAmt
EOY$7,854,184EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,311,973BOYAmt
EOY$8,090,766EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,316,373BOYAmt
EOY$8,100,200EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,221,207ReconcilationRevenueExpnssAmt
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$595,023CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$761,843CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$759,195CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,283,028CurrentTaxYearMinus1YearAmt
Current Tax Year$523,112CurrentTaxYearAmt
Total$3,922,201TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$154,130CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$159,216CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$154,130CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$159,013CurrentTaxYearMinus1YearAmt
Current Tax Year$164,708CurrentTaxYearAmt
Total$791,197TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$749,153CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$921,059CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$913,325CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,442,041CurrentTaxYearMinus1YearAmt
Current Tax Year$687,820CurrentTaxYearAmt
Total$4,713,398TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$158,715SubstantialContributorsTotAmt
Public Support Total170$4,554,683PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$171,451CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$245,953CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$247,262CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$191,324CurrentTaxYearMinus1YearAmt
Current Tax Year$298,624CurrentTaxYearAmt
Total$1,154,614TotalAmt
FieldValueIRS element (for citing)
Total Support$5,868,012TotalSupportAmt
Gross Receipts Rltd Activities$145,839GrossReceiptsRltdActivitiesAmt
Public Support CY1700.77620PublicSupportCY170Pct
Public Support PY1700.77450PublicSupportPY170Pct
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$3,701BeginningBalanceAmt
Additions During Year$28,363AdditionsDuringYearAmt
Distributions During Year$25,721DistributionsDuringYearAmt
Ending Balance$6,343EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,059,144BeginningYearBalanceAmt
Contributions$228,416ContributionsAmt
Investment Earnings Or Losses$400,967InvestmentEarningsOrLossesAmt
Grants Or Scholarships$108,204GrantsOrScholarshipsAmt
Administrative Expenses$22,566AdministrativeExpensesAmt
End Year Balance$5,557,757EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$35,000InvestmentCostOrOtherBasisAmt
Book Value$35,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$35,000TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$397,894TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$164,708DonatedServicesAndUseFcltsAmt
Revenue Not Reported$164,708RevenueNotReportedAmt
Revenue Subtotal-$562,602RevenueSubtotalAmt
Other Revenues Not Included-$38,436OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$38,436RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990-$601,038TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$823,313TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$164,708DonatedServicesUseFcltsAmt
Other Expenses Included$38,436OtherExpensesIncludedAmt
Expenses Not Reported$203,144ExpensesNotReportedAmt
Expenses Subtotal$620,169ExpensesSubtotalAmt
Total Expenses Per Form990$620,169TotalExpensesPerForm990Amt

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 ONA 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, 2022.
SCHEDULE D, PAGE 4, PART XI, LINE 4BFUNDRAISING EVENT EXPENSES -38,436
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EVENT EXPENSES 38,436

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$25,624GrossReceiptsEvent1Amt
Charitable Contri Event1$18,303CharitableContriEvent1Amt
Gross Revenue Event1$7,321GrossRevenueEvent1Amt
Other Direct Expenses Event1$12,197OtherDirectExpensesEvent1Amt
Event2BOUNTY & BARRELEvent2Nm
Gross Receipts Event2$21,810GrossReceiptsEvent2Amt
Gross Revenue Event2$21,810GrossRevenueEvent2Amt
Other Direct Expenses Event2$15,955OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$19,450GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$19,450GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$10,284OthDirectExpnssOtherEventsAmt
Gross Receipts Total$66,884GrossReceiptsTotalAmt
Charitable Contributions Tot$18,303CharitableContributionsTotAmt
Gross Revenue Total Events$48,581GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$38,436OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$38,436DirectExpenseSummaryEventsAmt
Net Income Summary$10,145NetIncomeSummaryAmt

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$470,557CashGrantAmt
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$47,084NoncashContributionsRptF990Amt
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 38,436 FUNDRAISING EVENT EXPENSES -38,436

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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