NASH COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
NASH COMMUNITY COLLEGE FOUNDATION INC (EIN 58-1587982)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-02-15
IRS object ID
201740469349302659
Schema version
2015v3.0
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)
Return2017-02-15T14:07:08-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 Metropolitan Ave Ste 1000AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581587982EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Nash Community College Foundation IncBusinessNameLine1Txt
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
Signature2017-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJanice A RaticaPreparerPersonNm
PTINP00358837PTIN
Phone7043771678PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$4,330,344GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
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 Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers26TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$572,530PYContributionsGrantsAmt
CY Contributions Grants$568,688CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$218,908PYInvestmentIncomeAmt
CY Investment Income-$53,528CYInvestmentIncomeAmt
PY Other Revenue-$1,690PYOtherRevenueAmt
CY Other Revenue-$25,157CYOtherRevenueAmt
PY Total Revenue$789,748PYTotalRevenueAmt
CY Total Revenue$490,003CYTotalRevenueAmt
PY Grants And Similar Paid$423,314PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$307,297CYGrantsAndSimilarPaidAmt
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$5,579CYTotalFundraisingExpenseAmt
PY Other Expenses$226,397PYOtherExpensesAmt
CY Other Expenses$120,513CYOtherExpensesAmt
PY Total Expenses$649,711PYTotalExpensesAmt
CY Total Expenses$427,810CYTotalExpensesAmt
PY Revenues Less Expenses$140,037PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$62,193CYRevenuesLessExpensesAmt
Total Assets BOY$4,660,387TotalAssetsBOYAmt
Total Assets EOY$4,767,515TotalAssetsEOYAmt
Total Liabilities BOY$19TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,954TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,660,368NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,764,561NetAssetsOrFundBalancesEOYAmt
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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$307,297ExpenseAmt
Grant$307,297GrantAmt
DescCONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE.Desc
Total Program Service Expenses$307,297TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo 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
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
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 Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The OrganizationBusinessNameLine1Txt
FieldValueIRS element (for citing)
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 (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Calvin T Ballance
Trustee0.50Yes (X)$0$0$0
Donnell Battle
Trustee0.50Yes (X)$0$0$0
P Cam Blalock III
Trustee0.50Yes (X)$0$0$0
Andy Blanton
Trustee0.50Yes (X)$0$0$0
Debbie B Brown
Trustee0.50Yes (X)$0$0$0
David W Combs
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
Samuel Dickens III
Trustee0.50Yes (X)$0$0$0
Philip L Dixon
Trustee0.50Yes (X)$0$0$0
H Lankford Dunton III
Trustee0.50Yes (X)$0$0$0
Tanya O Evans
Trustee0.50Yes (X)$0$0$0
Steven D Felton
Trustee0.50Yes (X)$0$0$0
Frank Maynard
Trustee0.50Yes (X)$0$0$0
J Edgar Moore
Trustee0.50Yes (X)$0$0$0
Becky Parks
Trustee0.50Yes (X)$0$0$0
Robyn Perkerson
Trustee0.50Yes (X)$0$0$0
Tommy Stockdale
Trustee0.50Yes (X)$0$0$0
Morris R Wilder
Trustee0.50Yes (X)$0$0$0
Dr Robert E Zipf Jr
Trustee0.50Yes (X)$0$0$0
Craig W Worthy
President1.00Yes (X)$0$0$0Yes (X)
Kimberly S Sutton
Vice President1.00Yes (X)$0$0$0Yes (X)
R Lee Currin
Treasurer1.00Yes (X)$0$0$0Yes (X)
Lyn C Brown
Secretary1.00Yes (X)$0$0$0Yes (X)
Jacob R Parrott III
Past President1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$35,447FundraisingAmt
All Other Contributions$533,241AllOtherContributionsAmt
Noncash Contributions$100,737NoncashContributionsAmt
Total Contributions$568,688TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$168,166TotalRevenueColumnAmt
Exclusion$168,166ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,579,858SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,801,552SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$221,694SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$221,694TotalRevenueColumnAmt
Exclusion-$221,694ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$13,632FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$35,447ContriRptFundraisingEventAmt
Fundraising Direct Expenses$38,789FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$25,157TotalRevenueColumnAmt
Exclusion-$25,157ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$490,003TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$78,685ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$307,297TotalAmt
Program Services$307,297ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,812TotalAmt
Management And General$18,812ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,360TotalAmt
Management And General$9,360ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,489TotalAmt
Management And General$4,489ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,352TotalAmt
Management And General$2,352ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,246TotalAmt
Management And General$2,246ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Management And General$2,000ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,016TotalAmt
Management And General$1,016ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Goods and Materials$65,737$65,737
OTHER EXPENSES$8,922$8,922
SPECIAL EVENTS$5,579$5,579

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$427,810TotalAmt
Program Services$307,297ProgramServicesAmt
Management And General$114,934ManagementAndGeneralAmt
Fundraising$5,579FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$247,605BOYAmt
EOY$367,204EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,824BOYAmt
EOY$40,126EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$77,225LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$15,725LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$26,500BOYAmt
EOY$61,500EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,372,458BOYAmt
EOY$4,298,685EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,660,387BOYAmt
EOY$4,767,515EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$19BOYAmt
EOY$454EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
EOY$2,500EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19BOYAmt
EOY$2,954EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$189,633BOYAmt
EOY$226,538EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$618,438BOYAmt
EOY$541,811EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,852,297BOYAmt
EOY$3,996,212EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,660,368BOYAmt
EOY$4,764,561EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,660,387BOYAmt
EOY$4,767,515EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$62,193ReconcilationRevenueExpnssAmt
Prior Period Adjustments$42,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$433,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$389,778CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$542,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$572,530CurrentTaxYearMinus1YearAmt
Current Tax Year$711,601CurrentTaxYearAmt
Total$2,650,352TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$433,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$389,778CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$542,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$572,530CurrentTaxYearMinus1YearAmt
Current Tax Year$711,601CurrentTaxYearAmt
Total$2,650,352TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$39,513SubstantialContributorsTotAmt
Public Support Total170$2,610,839PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$66,473CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$317,554CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,728CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$214,681CurrentTaxYearMinus1YearAmt
Current Tax Year$168,166CurrentTaxYearAmt
Total$777,656TotalAmt
FieldValueIRS element (for citing)
Total Support$3,428,008TotalSupportAmt
Gross Receipts Rltd Activities$42,066GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76160PublicSupportCY170Pct
Public Support PY1700.83900PublicSupportPY170Pct
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 Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,454,926BeginningYearBalanceAmt
Contributions$147,501ContributionsAmt
Investment Earnings Or Losses-$50,991InvestmentEarningsOrLossesAmt
Other Expenditures$53,133OtherExpendituresAmt
Administrative Expenses$17,916AdministrativeExpensesAmt
End Year Balance$4,480,387EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,478,782BeginningYearBalanceAmt
Contributions$117,067ContributionsAmt
Investment Earnings Or Losses-$31,130InvestmentEarningsOrLossesAmt
Other Expenditures$91,577OtherExpendituresAmt
Administrative Expenses$18,216AdministrativeExpensesAmt
End Year Balance$4,454,926EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,920,820BeginningYearBalanceAmt
Contributions$119,426ContributionsAmt
Investment Earnings Or Losses$533,078InvestmentEarningsOrLossesAmt
Grants Or Scholarships$77,494GrantsOrScholarshipsAmt
Administrative Expenses$17,048AdministrativeExpensesAmt
End Year Balance$4,478,782EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,531,652BeginningYearBalanceAmt
Contributions$88,154ContributionsAmt
Investment Earnings Or Losses$319,311InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,992GrantsOrScholarshipsAmt
Administrative Expenses$15,305AdministrativeExpensesAmt
End Year Balance$3,920,820EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,398,366BeginningYearBalanceAmt
Contributions$205,380ContributionsAmt
Investment Earnings Or Losses-$60,530InvestmentEarningsOrLossesAmt
Administrative Expenses$11,564AdministrativeExpensesAmt
End Year Balance$3,531,652EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.89190PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10810TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch R0RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$61,500InvestmentCostOrOtherBasisAmt
Book Value$61,500BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,725OtherCostOrOtherBasisAmt
Depreciation$15,725DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$61,500TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$671,705TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$142,913DonatedServicesAndUseFcltsAmt
Revenue Not Reported$142,913RevenueNotReportedAmt
Revenue Subtotal$528,792RevenueSubtotalAmt
Other Revenues Not Included-$38,789OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$38,789RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$490,003TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$609,512TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$142,913DonatedServicesUseFcltsAmt
Other Expenses Included$38,789OtherExpensesIncludedAmt
Expenses Not Reported$181,702ExpensesNotReportedAmt
Expenses Subtotal$427,810ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$427,810TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:ENDOWMENT FUNDS AND THEIR EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER SUPPORT TO NASH COMMUNITY COLLEGE.
Part X, Line 2:The 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 on a more likely than not recognition threshold whereby tax benefits are only recognized when the Foundation believes that they have a greater than 50% likelihood of being sustained upon examination by taxing authorities. The Foundation has evaluated all tax positions and determined that it has no uncertain income tax positions as of June 30, 2016.
Part XI, Line 4b - Other Adjustments:FUNDRAISING EVENT EXPENSES -38,789.
Part XII, Line 2d - Other Adjustments:FUNDRAISING EVENT EXPENSES 38,789.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$40,244GrossReceiptsEvent1Amt
Charitable Contri Event1$35,447CharitableContriEvent1Amt
Gross Revenue Event1$4,797GrossRevenueEvent1Amt
Other Direct Expenses Event1$23,625OtherDirectExpensesEvent1Amt
Event2BlueFestEvent2Nm
Gross Receipts Event2$8,835GrossReceiptsEvent2Amt
Gross Revenue Event2$8,835GrossRevenueEvent2Amt
Other Direct Expenses Event2$15,164OtherDirectExpensesEvent2Amt
Gross Receipts Total$49,079GrossReceiptsTotalAmt
Charitable Contributions Tot$35,447CharitableContributionsTotAmt
Gross Revenue Total Events$13,632GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$38,789OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$38,789DirectExpenseSummaryEventsAmt
Net Income Summary-$25,157NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
NASH COMMUNITY COLLEGE
522 N OLD CARRIAGE ROADROCKY MOUNTNC27804560895794115(1)$200,730FUNDING OF SCHOLARSHIPS
NASH COMMUNITY COLLEGE
522 N OLD CARRIAGE ROADROCKY MOUNTNC27804560895794115(1)$106,567FUNDING OF OTHER ACTIVITIES
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
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

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$45,500NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$35,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)OTHER53$14,237FMV
Yes (X)SCREW COMPRESSOR1$5,000FMV
Yes (X)PIANO1$1,000FMV
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 AND ALL SUPPORTING SCHEDULES PRIOR TO SUBMISSION.
Form 990, Part VI, Section B, line 12While the organization has not adopted its own conflict of interest policy as of the filing date, it does closely follow the policy of its affiliated organization, Nash Community College.
Form 990, Part VI, Section B, line 15THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. ALL INDIVIDUALS WHO PERFORM "EMPLOYEE RELATED" SERVICES ON BEHALF OF THE FOUNDATION ARE PAID BY AN AFFILIATED ENTITY, NASH COMMUNITY COLLEGE. COMPENSATION AMOUNTS FOR INDIVIDUALS WHO PERFORM SERVICES ON BEHALF OF THE FOUNDATION ARE SET UNDER THE HR GUIDELINES OF NASH COMMUNITY COLLEGE.
Form 990, Part VI, Section C, line 19DOCUMENTATION IS MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.

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 ActivitiesPost-Secondary EducationPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501 (c) 3ExemptCodeSectionTxt
Public Charity StatuseducationalPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
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 Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Nash Community College
B$307,297FMV
Nash Community College
O$142,913FMV

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