2017-11-14T07:34:52-08:00 2017-06-30 Foti Flynn Lowen & Co PC PO Box 12765 Roanoke VA 240282765 990 2016-07-01 208407010 NEW COLLEGE FOUNDATION NEWC 2764034445 134 EAST CHURCH STREET MARTINSVILLE VA 24114 DEBORAH KAUFMAN Executive Director 2017-11-14 true BRADLEY J DAVIS CPA P00695707 5403449246 2016 2018-03-14 21:41:22Z 1748611 false false X ncfmhc.org X 2006 VA 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. 12 12 11 0 1482648 1108319 0 44070 38940 583239 601352 2109957 1748611 65537 28148 0 172087 254427 0 25649 2564213 2061811 2801837 2344386 -691880 -595775 21729046 21126098 800137 604433 20928909 20521665 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. false false 2103041 28148 407000 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. 2103041 true true false true false false false false false true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true 12 0 true 11 true false false false false false false false false 0 false false false false false false false false false false X 12 12 false false true false false false false true true false false true true true true true true true false false X X THE FOUNDATION 2764035606 134 EAST CHURCH STREET MARTINSVILLE VA 24112 DARRELL JONES Treasurer 1.50 0.00 X X 0 0 0 SANDY STRAYER VICE CHAIR 1.50 0.00 X X 0 0 0 PATRICE NEWNAM Chairman 1.50 0.00 X X 0 0 0 MARGARET D TURNER BOARD MEMBER 1.50 0.00 X 0 0 0 SUZANNE LACY Secretary 1.50 0.00 X X 0 0 0 CHRISTINA MALLARD BOARD MEMBER 1.50 0.00 X 0 0 0 GREG HODGES BOARD MEMBER 1.50 0.00 X 0 0 0 KIMBLE REYNOLDS JR PAST CHAIR 1.50 0.00 X 0 0 0 LAURA BOWLES BOARD MEMBER 1.50 0.00 X 0 0 0 MARSHALL W STOWE BOARD MEMBER 1.50 0.00 X 0 0 0 MARK HEATH BOARD MEMBER 1.50 0.00 X 0 0 0 TRAVIS CLEMONS BOARD MEMBER 1.50 0.00 X 0 0 0 LEANNA BLEVINS EX-OFFICIAL 1.50 0.00 X 0 0 0 DEBORAH KAUFMAN Executive Dir. 40.00 0.00 X 68120 0 11312 68120 11312 0 false false false 0 1108319 1108319 0 38940 38940 0 0 597723 597723 597723 407000 190723 0 0 0 0 OTHER INCOME 3629 3629 3629 1748611 407000 233292 24000 24000 4148 4148 0 0 79432 51631 19858 7943 0 149634 96550 38563 14521 1908 1240 477 191 6285 4085 1571 629 17168 11159 4292 1717 0 4216 1265 2951 43050 12915 30135 0 0 0 605 605 58831 50006 8825 35586 28469 7117 32390 29151 2591 648 0 206715 165372 41343 2479 2231 248 0 10248 8198 2050 0 0 885637 841356 44281 28541 22833 5708 EDUCATION & OUTREACH 642468 642468 REPAIRS & MAINTENANCE 78983 75034 3949 UNCOLLECTABLE PLEDGES 22323 22323 AUTO EXPENSES 6466 5173 1293 3273 2829 444 2344386 2103041 215696 25649 2667573 2740056 0 258931 237265 9449 5158 0 0 0 0 54413 43935 19359777 3083484 17142130 16276293 1596550 1822295 0 0 0 1096 21729046 21126098 30444 427671 30957 121160 738736 55602 800137 604433 X 19362180 18718928 1014909 1243169 551820 559568 20928909 20521665 21729046 21126098 -595775 188531 X false true X true false X 13610657 9303896 2848085 1482648 1108319 28353605 0 0 13610657 9303896 2848085 1482648 1108319 28353605 15561090 12792515 34537 86258 188447 219798 229663 758703 0 2586 1220 3806 29116114 1221000 0.43940 0.42530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 21600 false false 21600 false false Part II-B, Line 1i - Other Activities Description NEW COLLEGE FOUNDATION RETAINS A CONSULTANT, GUTHRIDGE ASSOCIATES, TO ASSIST IN EDUCATING VIRGINIA'S STATE AGENCIES ABOUT THE NEW COLLEGE INSTITUTES PROGRAMS, INITIATIVES AND PROJECTS.THE FOUNDATION PAID CONSULTING FEES OF $21,600 TO GUTHRIDGE ASSOCIATES DURING THE TWELVE MONTHS ENDED 6/30/17 FOR THESE SERVICES. 1097976 9748 160771 4148 11149 1253198 1085809 10000 46167 44000 1097976 1039053 10000 51691 14935 1085809 919496 17100 131457 29000 1039053 763068 55200 116228 15000 919496 0.29000 0.45000 0.26000 false false false 545900 545900 15014641 1181944 13832697 3799236 1901540 1897696 16276293 Rounding 1 UNUSED GRANT PAYABLE 55601 55602 1937142 188531 188531 1748611 1748611 2344386 2344386 2344386 true PATRICK HENRY COMM COLLEGE 645 PATRIOT AVE MARTINSVILLE VA 24112 541268271 0 24000 LEASE VALUE FREE RENT FREE RENT 1 0 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents THE ARTICLES OF INCORPORATION AND THE BYLAWS WERE AMENDED. 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.