CECIL COLLEGE FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CECIL COLLEGE FOUNDATION INC (EIN 23-7345298)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-10-23
IRS object ID
202012979349300346
Schema version
2019v5.1
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)
Return2020-10-23T11:59:32-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

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 Line13003 NORTH FRONT STREET SUITE 101AddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

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)
PersonASHLEY BIASUCCIPersonNm
Person TitleASSOCIATE DIRECTORPersonTitleTxt
Phone4012871146PhoneNum
Signature2020-10-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP00168809PTIN
Phone7172321230PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.170.230.10IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-23IPDt
IP Tm11:59:27IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id93D5F708AC8E12E360EE6F335CF7B190C7AD8755AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerASHLEY BIASUCCIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE SEAHAWK DRIVEAddressLine1Txt
CityNORTH EASTCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21901ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,793,518GrossReceiptsAmt
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 Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers42TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$501,977PYContributionsGrantsAmt
CY Contributions Grants$508,014CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$131,626PYInvestmentIncomeAmt
CY Investment Income$47,940CYInvestmentIncomeAmt
PY Other Revenue$53,119PYOtherRevenueAmt
CY Other Revenue$4,488CYOtherRevenueAmt
PY Total Revenue$686,722PYTotalRevenueAmt
CY Total Revenue$560,442CYTotalRevenueAmt
PY Grants And Similar Paid$296,719PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$250,371CYGrantsAndSimilarPaidAmt
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$13,320CYTotalFundraisingExpenseAmt
PY Other Expenses$450,427PYOtherExpensesAmt
CY Other Expenses$268,649CYOtherExpensesAmt
PY Total Expenses$747,146PYTotalExpensesAmt
CY Total Expenses$519,020CYTotalExpensesAmt
PY Revenues Less Expenses-$60,424PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$41,422CYRevenuesLessExpensesAmt
Total Assets BOY$6,675,830TotalAssetsBOYAmt
Total Assets EOY$6,848,077TotalAssetsEOYAmt
Total Liabilities BOY$267,384TotalLiabilitiesBOYAmt
Total Liabilities EOY$252,842TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,408,446NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,595,235NetAssetsOrFundBalancesEOYAmt
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$250,371ExpenseAmt
Grant$250,371GrantAmt
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$176,970ExpenseAmt
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$427,341TotalProgramServiceExpensesAmt
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 Contri0DeductibleNonCashContriInd
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 Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
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 Line1ASHLEY BIASUCCI 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 (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeInd
JASON G TANNER
CHAIR, THROUGH APRIL 20200.50Yes (X)Yes (X)$0$0$0
ANGELA GREENWAY
VICE CHAIR0.50Yes (X)Yes (X)$0$0$0
CAMERON BROWN
TREASURER0.50Yes (X)Yes (X)$0$0$0
SHARON PELHAM
SECRETARY0.50Yes (X)Yes (X)$0$0$0
STANLEY BENSLEY
DIRECTOR0.50Yes (X)$0$0$0
VANESSA BROWN
DIRECTOR0.50Yes (X)$0$0$0
LINDA BURRIS
DIRECTOR0.50Yes (X)$0$0$0
PATRICIA CROUCH
SECRETARY0.50Yes (X)$0$0$0
JARED CROUSE
DIRECTOR0.50Yes (X)$0$0$0
BIJOY GHOSH
DIRECTOR0.50Yes (X)$0$0$0
DAVID G HUGHES
DIRECTOR, THROUGH NOVEMBER 20190.50Yes (X)$0$0$0
BRIAN KISNER
DIRECTOR, THROUGH FEBRUARY 20200.50Yes (X)$0$0$0
DAVID MCGRATH
DIRECTOR0.50Yes (X)$0$0$0
KENT METHVEN
DIRECTOR0.50Yes (X)$0$0$0
JOHN METTEE
DIRECTOR0.50Yes (X)$0$0$0
FRANK MITA
DIRECTOR0.50Yes (X)$0$0$0
DICK NADEAU
DIRECTOR, THROUGH FEBRUARY 20200.50Yes (X)$0$0$0
SUSAN O'NEILL
DIRECTOR0.50Yes (X)$0$0$0
ROGER OWENS
DIRECTOR0.50Yes (X)$0$0$0
GUY PALMERI
DIRECTOR0.50Yes (X)$0$0$0
CATHY PARSONS
DIRECTOR, THROUGH NOVEMBER 20190.50Yes (X)$0$0$0
PATTI PAULUS
DIRECTOR0.50Yes (X)$0$0$0
BOBBY REYNOLDS
DIRECTOR0.50Yes (X)$0$0$0
SUELLEN SCHEINER
DIRECTOR0.50Yes (X)$0$0$0
PEGGY SCIBINICO
DIRECTOR0.50Yes (X)$0$0$0
JONATHAN SEIDENBERG
DIRECTOR0.50Yes (X)$0$0$0
LISA STOTTLEMYER
DIRECTOR0.50Yes (X)$0$0$0
DJ WOOTSON
DIRECTOR0.50Yes (X)$0$0$0
PHYLLIS ZEISE
DIRECTOR0.50Yes (X)$0$0$0
SARAH COLENDA
TRUSTEE LIAISON0.50$0$0$0Yes (X)
LISA WAINWRIGHT
EXECUTIVE DIRECTOR THROUGH NOV 201940.00Yes (X)$0$26,120$1,525
ASHLEY BIASUCCI
EXECUTIVE DIRECTOR STARTING FEB 202040.00Yes (X)$0$50,855$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$76,975TotReportableCompRltdOrgAmt
Total Other Compensation$1,525TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$508,014AllOtherContributionsAmt
Total Contributions$508,014TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$152,658TotalRevenueColumnAmt
Exclusion$152,658ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,117,276SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,221,994SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$104,718SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$104,718TotalRevenueColumnAmt
Exclusion-$104,718ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$15,570FundraisingGrossIncomeAmt
Fundraising Direct Expenses$11,082FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,488TotalRevenueColumnAmt
Exclusion$4,488ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$560,442TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$52,428ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$250,371TotalAmt
Program Services$250,371ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,496TotalAmt
Management And General$8,496ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$48,895TotalAmt
Management And General$48,895ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,005TotalAmt
Management And General$4,005ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,599TotalAmt
Management And General$1,599ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPORT FOR COLLEGES PR$176,970$176,970
DUES AND MEMBERSHIPS$15,364$15,364
GRANTS$7,920$7,920
DEVELOPMENT$5,400$5,400

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$519,020TotalAmt
Program Services$427,341ProgramServicesAmt
Management And General$78,359ManagementAndGeneralAmt
Fundraising$13,320FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$44,136BOYAmt
EOY$43,772EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$156,622BOYAmt
EOY$87,792EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$27,500BOYAmt
EOY$13,305EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,447,572BOYAmt
EOY$6,703,208EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,675,830BOYAmt
EOY$6,848,077EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,930BOYAmt
EOY$1,957EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$258,454BOYAmt
EOY$250,885EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$267,384BOYAmt
EOY$252,842EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$288,291BOYAmt
EOY$445,548EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,120,155BOYAmt
EOY$6,149,687EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,408,446BOYAmt
EOY$6,595,235EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,675,830BOYAmt
EOY$6,848,077EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$41,422ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$145,367NetUnrlzdGainsLossesInvstAmt
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)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
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$322,780SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$322,780SupportSumAmt
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$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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,477,237BeginningYearBalanceAmt
Contributions$102,624ContributionsAmt
Investment Earnings Or Losses$131,627InvestmentEarningsOrLossesAmt
Grants Or Scholarships$138,344GrantsOrScholarshipsAmt
Other Expenditures$127,044OtherExpendituresAmt
Administrative Expenses$47,418AdministrativeExpensesAmt
End Year Balance$5,398,682EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,061,035BeginningYearBalanceAmt
Contributions$304,710ContributionsAmt
Investment Earnings Or Losses$279,538InvestmentEarningsOrLossesAmt
Grants Or Scholarships$107,365GrantsOrScholarshipsAmt
Other Expenditures$17,642OtherExpendituresAmt
Administrative Expenses$43,039AdministrativeExpensesAmt
End Year Balance$5,477,237EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,620,302BeginningYearBalanceAmt
Contributions$172,955ContributionsAmt
Investment Earnings Or Losses$534,337InvestmentEarningsOrLossesAmt
Grants Or Scholarships$111,575GrantsOrScholarshipsAmt
Other Expenditures$117,157OtherExpendituresAmt
Administrative Expenses$37,827AdministrativeExpensesAmt
End Year Balance$5,061,035EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,905,372BeginningYearBalanceAmt
Contributions$65,647ContributionsAmt
Investment Earnings Or Losses-$174,626InvestmentEarningsOrLossesAmt
Grants Or Scholarships$132,772GrantsOrScholarshipsAmt
Other Expenditures$3,789OtherExpendituresAmt
Administrative Expenses$39,530AdministrativeExpensesAmt
End Year Balance$4,620,302EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.89000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.11000TermEndowmentBalanceEOYPct
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$250,885Amt
FieldValueIRS element (for citing)
Total Liability$250,885TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$906,020TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$145,367NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$249,106DonatedServicesAndUseFcltsAmt
Revenue Not Reported$394,473RevenueNotReportedAmt
Revenue Subtotal$511,547RevenueSubtotalAmt
Investment Expenses Not Incld$48,895InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$48,895RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$560,442TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$719,231TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$249,106DonatedServicesUseFcltsAmt
Expenses Not Reported$249,106ExpensesNotReportedAmt
Expenses Subtotal$470,125ExpensesSubtotalAmt
Investment Expenses Not Incld2$48,895InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$48,895ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$519,020TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 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)
Event1LITTLE BLACK DRESSEvent1Nm
Gross Receipts Event1$15,570GrossReceiptsEvent1Amt
Charitable Contri Event1$0CharitableContriEvent1Amt
Gross Revenue Event1$15,570GrossRevenueEvent1Amt
Food And Beverage Event1$9,898FoodAndBeverageEvent1Amt
Entertainment Event1$800EntertainmentEvent1Amt
Other Direct Expenses Event1$384OtherDirectExpensesEvent1Amt
Gross Receipts Total$15,570GrossReceiptsTotalAmt
Gross Revenue Total Events$15,570GrossRevenueTotalEventsAmt
Food And Beverage Total Events$9,898FoodAndBeverageTotalEventsAmt
Entertainment Total Events$800EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$384OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,082DirectExpenseSummaryEventsAmt
Net Income Summary$4,488NetIncomeSummaryAmt

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
Recipient291RecipientCnt
Cash Grant$250,371CashGrantAmt

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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