MHC ACADEMIC FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: MHC ACADEMIC FOUNDATION (EIN 20-8407010)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-01-13
IRS object ID: 202140139349301224
Schema version: 2019v5.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-01-13T12:47:58-08:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	208087076	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Foti Flynn Lowen & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 12765	AddressLine1Txt
City	Roanoke	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24028	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	208407010	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEW COLLEGE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NEWC	BusinessNameControlTxt
Phone	2764034445	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	134 EAST CHURCH STREET	AddressLine1Txt
City	MARTINSVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24114	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KEVIN DEKONINCK	PersonNm
Person Title	Executive Director	PersonTitleTxt
Signature	2021-01-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRADLEY J DAVIS CPA	PreparerPersonNm
PTIN	P00695707	PTIN
Phone	5403449246	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	134 EAST CHURCH STREET 225	AddressLine1Txt
City	MARTINSVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24114	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$668,271	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	ncfmhc.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2006	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	10	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$48,406	PYContributionsGrantsAmt
CY Contributions Grants	$26,734	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$84,062	PYInvestmentIncomeAmt
CY Investment Income	$75,262	CYInvestmentIncomeAmt
PY Other Revenue	$581,403	PYOtherRevenueAmt
CY Other Revenue	$566,275	CYOtherRevenueAmt
PY Total Revenue	$713,871	PYTotalRevenueAmt
CY Total Revenue	$668,271	CYTotalRevenueAmt
PY Grants And Similar Paid	$44,546	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$17,100	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$230,119	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$166,320	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$8,486	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,142,190	PYOtherExpensesAmt
CY Other Expenses	$1,113,662	CYOtherExpensesAmt
PY Total Expenses	$1,416,855	PYTotalExpensesAmt
CY Total Expenses	$1,297,082	CYTotalExpensesAmt
PY Revenues Less Expenses	-$702,984	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$628,811	CYRevenuesLessExpensesAmt
Total Assets BOY	$19,344,867	TotalAssetsBOYAmt
Total Assets EOY	$18,524,191	TotalAssetsEOYAmt
Total Liabilities BOY	$36,583	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$82,066	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$19,308,284	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$18,442,125	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$1,054,939	ExpenseAmt
Revenue	$383,000	RevenueAmt
Desc	NCF ENCOURAGED AND COORDINATED THE DEVELOPMENT AND DELIVERY OF DEGREE PROGRAMS AND OTHER CREDIT AND NON-CREDIT COURSES FOR THE PURPOSE OF SATISFYING STATEWIDE CRITICAL SHORTAGE AREAS AND INDUSTRY NEEDS. THIS WAS ACCOMPLISHED BY PROVIDING DIRECT AND INDIRECT SUPPORT TO NEW COLLEGE INSTITUTE AND TO THOSE STUDENTS ATTENDING.	Desc
Total Program Service Expenses	$1,054,939	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (true)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	7	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	10	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	THE FOUNDATION	PersonNm
Phone	2764035606	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	134 EAST CHURCH STREET	AddressLine1Txt
City	MARTINSVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24112	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DEBORAH KAUFFMAN
FORMER EXEC DIR	40.00	0.00	Yes (X)	$79,782	$0	$0
DARRELL JONES
Secretary	1.50	0.00	Yes (X)	$0	$0	$0	Yes (X)
BETH DEATHERAGE
Treasurer	1.50	0.00	Yes (X)	$0	$0	$0	Yes (X)
PATRICE NEWNAM
PAST CHAIR	1.50	0.00		$0	$0	$0	Yes (X)
SIMONE REDD
CHAIRWOMAN	1.50	0.00	Yes (X)	$0	$0	$0	Yes (X)
BRAD DRAPER
TRUSTEE	1.50	0.00		$0	$0	$0	Yes (X)
DR JAMES ROUNDTREE
VICE CHAIR	1.50	0.00	Yes (X)	$0	$0	$0	Yes (X)
KIMBLE REYNOLDS JR
Trustee	1.50	0.00		$0	$0	$0	Yes (X)
KEVIN DEKONINCK
Executive Dir.	40.00	0.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$79,782	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$26,734	AllOtherContributionsAmt
Total Contributions	$26,734	TotalContributionsAmt
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$75,262	TotalRevenueColumnAmt
Exclusion	$75,262	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$565,642	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$565,642	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$565,642	TotalRevenueColumnAmt
Related Or Exempt Func Income	$383,000	RelatedOrExemptFuncIncomeAmt
Exclusion	$182,642	ExclusionAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Total Revenue Column	$633	TotalRevenueColumnAmt
Related Or Exempt Func Income	$633	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$633	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$668,271	TotalRevenueColumnAmt
Related Or Exempt Func Income	$383,633	RelatedOrExemptFuncIncomeAmt
Exclusion	$257,904	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$17,100	TotalAmt
Program Services	$17,100	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$80,267	TotalAmt
Program Services	$24,080	ProgramServicesAmt
Management And General	$52,174	ManagementAndGeneralAmt
Fundraising	$4,013	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$64,756	TotalAmt
Program Services	$19,427	ProgramServicesAmt
Management And General	$42,091	ManagementAndGeneralAmt
Fundraising	$3,238	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,499	TotalAmt
Program Services	$1,050	ProgramServicesAmt
Management And General	$2,274	ManagementAndGeneralAmt
Fundraising	$175	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$5,150	TotalAmt
Program Services	$1,545	ProgramServicesAmt
Management And General	$3,348	ManagementAndGeneralAmt
Fundraising	$257	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$12,648	TotalAmt
Program Services	$3,794	ProgramServicesAmt
Management And General	$8,222	ManagementAndGeneralAmt
Fundraising	$632	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$82,083	TotalAmt
Program Services	$24,625	ProgramServicesAmt
Management And General	$57,458	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$41,900	TotalAmt
Program Services	$12,570	ProgramServicesAmt
Management And General	$29,330	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,030	TotalAmt
Program Services	$609	ProgramServicesAmt
Management And General	$1,421	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$279	TotalAmt
Program Services	$279	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,517	TotalAmt
Program Services	$3,614	ProgramServicesAmt
Management And General	$903	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$14,265	TotalAmt
Program Services	$3,567	ProgramServicesAmt
Management And General	$10,698	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$619,736	TotalAmt
Program Services	$613,539	ProgramServicesAmt
Management And General	$6,197	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$29,075	TotalAmt
Program Services	$18,899	ProgramServicesAmt
Management And General	$10,176	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Repairs and Maintenance	$221,189	$221,189
TELEPHONE AND UTILITIES	$77,839	$73,947	$3,892
Education & Outreach	$13,280	$13,280
Admin Services	$3,420	$856	$2,393	$171

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,049	TotalAmt
Program Services	$969	ProgramServicesAmt
Management And General	$3,080	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,297,082	TotalAmt
Program Services	$1,054,939	ProgramServicesAmt
Management And General	$233,657	ManagementAndGeneralAmt
Fundraising	$8,486	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,074,369	BOYAmt
EOY	$1,038,234	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,113	BOYAmt
EOY	$4,916	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$18,238	BOYAmt
EOY	$18,774	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$19,364,977	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,198,262	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$14,786,450	BOYAmt
EOY	$14,166,715	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$3,456,601	BOYAmt
EOY	$3,294,456	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,096	BOYAmt
EOY	$1,096	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$19,344,867	BOYAmt
EOY	$18,524,191	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$18,158	BOYAmt
EOY	$68,029	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$18,425	BOYAmt
EOY	$6,482	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
EOY	$7,555	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$36,583	BOYAmt
EOY	$82,066	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	$17,459,977	BOYAmt
EOY	$16,878,713	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,848,307	BOYAmt
EOY	$1,563,412	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$19,308,284	BOYAmt
EOY	$18,442,125	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$19,344,867	BOYAmt
EOY	$18,524,191	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$628,811	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$237,348	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (true)	AuditCommitteeInd
Federal Grant Audit Required	false	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	$1,482,648	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,108,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$217,002	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$48,406	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,734	CurrentTaxYearAmt
Total	$2,883,109	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,482,648	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,108,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$217,002	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$48,406	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,734	CurrentTaxYearAmt
Total	$2,883,109	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,600,205	SubstantialContributorsTotAmt
Public Support Total170	$1,282,904	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$219,798	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$41,132	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$44,411	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$84,062	CurrentTaxYearMinus1YearAmt
Current Tax Year	$75,262	CurrentTaxYearAmt
Total	$464,665	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,347,774	TotalSupportAmt
Gross Receipts Rltd Activities	$1,964,915	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.38320	PublicSupportCY170Pct
Public Support PY170	0.39340	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	$1,490,281	BeginningYearBalanceAmt
Contributions	$5,000	ContributionsAmt
Investment Earnings Or Losses	-$241,342	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,000	GrantsOrScholarshipsAmt
Other Expenditures	$405,351	OtherExpendituresAmt
End Year Balance	$831,588	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,388,302	BeginningYearBalanceAmt
Contributions	$8,250	ContributionsAmt
Investment Earnings Or Losses	$138,229	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$44,500	GrantsOrScholarshipsAmt
End Year Balance	$1,490,281	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,253,198	BeginningYearBalanceAmt
Contributions	$60,881	ContributionsAmt
Investment Earnings Or Losses	$117,723	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$43,500	GrantsOrScholarshipsAmt
End Year Balance	$1,388,302	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,097,976	BeginningYearBalanceAmt
Contributions	$9,748	ContributionsAmt
Investment Earnings Or Losses	$160,771	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,148	GrantsOrScholarshipsAmt
Administrative Expenses	$11,149	AdministrativeExpensesAmt
End Year Balance	$1,253,198	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,085,809	BeginningYearBalanceAmt
Contributions	$10,000	ContributionsAmt
Investment Earnings Or Losses	$46,167	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$44,000	GrantsOrScholarshipsAmt
End Year Balance	$1,097,976	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	false	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$545,900	OtherCostOrOtherBasisAmt
Book Value	$545,900	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,014,641	OtherCostOrOtherBasisAmt
Depreciation	$2,202,783	DepreciationAmt
Book Value	$12,811,858	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,804,436	OtherCostOrOtherBasisAmt
Depreciation	$2,995,479	DepreciationAmt
Book Value	$808,957	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$14,166,715	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OTHER PAYABLE	Desc
Amt	$7,555	Amt

Field	Value	IRS element (for citing)
Total Liability	$7,555	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	-$5,007,574	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$237,348	NetUnrealizedGainsInvstAmt
Other Revenue	-$5,438,497	OtherRevenueAmt
Revenue Not Reported	-$5,675,845	RevenueNotReportedAmt
Revenue Subtotal	$668,271	RevenueSubtotalAmt
Total Revenue Per Form990	$668,271	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,297,082	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$1,297,082	ExpensesSubtotalAmt
Total Expenses Per Form990	$1,297,082	TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd
Total501c3 Org	0	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS FOR STUDENTS ATTENDING NEW COLLEGE INSTITUTE	GrantTypeTxt
Recipient	13	RecipientCnt
Cash Grant	$17,100	CashGrantAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	DEBORAH KAUFFMAN	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	FORMER ED	RelationshipDescriptionTxt
Transaction	$1,313	TransactionAmt
Transaction	SERVICES	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part V Supplemental Information	FormAndLineReferenceDesc
Explanation	Deborah Kauffman received $1,313 for services performed post-termination date.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review Process	Reviewed internally by staff. Then reviewed by Audit Committee and presented to the Board for review.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	REVIEW OF SALARIES FOR SIMILAR POSITIONS AND EDUCATIONAL LEVELS ARE APPROVED BY THE BOARD.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	OFFICERS DO NOT RECEIVE COMPENSATION. NO EMPLOYEES EARN MORE THAN $100,000.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	UPON REQUEST.