NASH COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NASH COMMUNITY COLLEGE FOUNDATION INC (EIN 58-1587982)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-04-27
- IRS object ID
- 201601189349300600
- Schema version
- 2014v6.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-04-27T07:21:48-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 1000 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581587982 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASH COMMUNITY COLLEGE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NASH | BusinessNameControlTxt |
| Phone | 2524434011 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7488 | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | R LEE CURRIN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2524434011 | PhoneNum |
| Signature | 2016-04-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANICE A RATICA | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043771678 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | R LEE CURRIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7488 | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,928,948 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NASHCC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE 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 Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 26 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $542,645 | PYContributionsGrantsAmt |
| CY Contributions Grants | $572,530 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $143,728 | PYInvestmentIncomeAmt |
| CY Investment Income | $218,908 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,117 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,690 | CYOtherRevenueAmt |
| PY Total Revenue | $694,490 | PYTotalRevenueAmt |
| CY Total Revenue | $789,748 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $432,014 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $423,314 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $78,568 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $53,506 | PYOtherExpensesAmt |
| CY Other Expenses | $226,397 | CYOtherExpensesAmt |
| PY Total Expenses | $485,520 | PYTotalExpensesAmt |
| CY Total Expenses | $649,711 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $208,970 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $140,037 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,745,570 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,660,387 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $381 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,745,189 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,660,368 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $423,314 | ExpenseAmt |
| Grant | $423,314 | GrantAmt |
| Desc | CONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE. | Desc |
| Total Program Service Expenses | $423,314 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAT DANIELS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2524434011 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7488 | AddressLine1Txt |
| City | ROCKY MOUNT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| CALVIN T BALLANCE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DONNELL BATTLE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JEFFREY A BATTS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| P CAM BLALOCK III | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DEBBIE B BROWN | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DAVID W COMBS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| EVAN COVINGTON CHAVEZ | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| C LYNN CORBETT | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KEVIN COX | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SAMUEL DICKENS III | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| PHILIP L DIXON | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| H LANKFORD DUNTON III | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| TANYA O EVANS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| STEVEN D FELTON | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SHERRY A JOHNSON | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| J EDGAR MOORE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| D SCOTT ROGERS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| TOMMY STOCKDALE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KIMBERLY S SUTTON | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MORRIS R WILDER | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DR ROBERT E ZIPF JR | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JACOB R PARROTT III | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CRAIG W WORTHY | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| R LEE CURRIN | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LYN C BROWN | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ANDY BLANTON | ||||||
| PAST PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $33,665 | FundraisingAmt |
| All Other Contributions | $538,865 | AllOtherContributionsAmt |
| Noncash Contributions | $15,451 | NoncashContributionsAmt |
| Total Contributions | $572,530 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $214,681 | TotalRevenueColumnAmt |
| Exclusion | $214,681 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,069,297 | SecuritiesAmt |
| Other | $44,006 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,050,576 | SecuritiesAmt |
| Other | $58,500 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,721 | SecuritiesAmt |
| Other | -$14,494 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,227 | TotalRevenueColumnAmt |
| Exclusion | $4,227 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $28,434 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $33,665 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $30,124 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,690 | TotalRevenueColumnAmt |
| Exclusion | -$1,690 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $789,748 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $217,218 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,314 | TotalAmt |
| Program Services | $423,314 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,969 | TotalAmt |
| Management And General | $18,969 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,423 | TotalAmt |
| Management And General | $10,423 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,525 | TotalAmt |
| Management And General | $1,525 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,139 | TotalAmt |
| Management And General | $2,139 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $829 | TotalAmt |
| Management And General | $829 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696 | TotalAmt |
| Management And General | $1,696 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,016 | TotalAmt |
| Management And General | $1,016 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| SHARED SERVICES AGREEME | $165,230 | $94,350 | $70,880 |
| OTHER EXPENSES | $14,332 | $14,332 | |
| SPECIAL EVENTS | $7,688 | $7,688 | |
| MEMBERSHIP DUES | $50 | $50 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $649,711 | TotalAmt |
| Program Services | $423,314 | ProgramServicesAmt |
| Management And General | $147,829 | ManagementAndGeneralAmt |
| Fundraising | $78,568 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,972 | BOYAmt |
| EOY | $247,605 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,046 | BOYAmt |
| EOY | $13,824 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,225 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,725 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,000 | BOYAmt |
| EOY | $26,500 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,574,552 | BOYAmt |
| EOY | $4,372,458 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,745,570 | BOYAmt |
| EOY | $4,660,387 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381 | BOYAmt |
| EOY | $19 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381 | BOYAmt |
| EOY | $19 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,526 | BOYAmt |
| EOY | $189,633 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $808,934 | BOYAmt |
| EOY | $618,438 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,793,729 | BOYAmt |
| EOY | $3,852,297 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,745,189 | BOYAmt |
| EOY | $4,660,368 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,745,570 | BOYAmt |
| EOY | $4,660,387 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $140,037 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$224,858 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,560,477 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $433,798 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $389,778 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $542,645 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $572,530 | CurrentTaxYearAmt |
| Total | $3,499,228 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,560,477 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $433,798 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $389,778 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $542,645 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $572,530 | CurrentTaxYearAmt |
| Total | $3,499,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $3,499,228 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61,899 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$66,473 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $317,554 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $143,728 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $214,681 | CurrentTaxYearAmt |
| Total | $671,389 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,170,617 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $28,434 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.83900 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87820 | 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 | $4,478,782 | BeginningYearBalanceAmt |
| Contributions | $117,067 | ContributionsAmt |
| Investment Earnings Or Losses | -$31,130 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $91,577 | OtherExpendituresAmt |
| Administrative Expenses | $18,216 | AdministrativeExpensesAmt |
| End Year Balance | $4,454,926 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,920,820 | BeginningYearBalanceAmt |
| Contributions | $119,426 | ContributionsAmt |
| Investment Earnings Or Losses | $533,078 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $77,494 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $17,048 | AdministrativeExpensesAmt |
| End Year Balance | $4,478,782 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,531,652 | BeginningYearBalanceAmt |
| Contributions | $88,154 | ContributionsAmt |
| Investment Earnings Or Losses | $319,311 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,992 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $15,305 | AdministrativeExpensesAmt |
| End Year Balance | $3,920,820 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,398,366 | BeginningYearBalanceAmt |
| Contributions | $205,380 | ContributionsAmt |
| Investment Earnings Or Losses | -$60,530 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $11,564 | AdministrativeExpensesAmt |
| End Year Balance | $3,531,652 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Contributions | $3,381,189 | ContributionsAmt |
| Investment Earnings Or Losses | $17,177 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,398,366 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.86500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $26,500 | InvestmentCostOrOtherBasisAmt |
| Book Value | $26,500 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,725 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,725 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $26,500 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $609,508 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$224,858 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$224,858 | RevenueNotReportedAmt |
| Revenue Subtotal | $834,366 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$44,618 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$44,618 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $789,748 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $694,329 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $44,618 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $44,618 | ExpensesNotReportedAmt |
| Expenses Subtotal | $649,711 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $649,711 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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, 2015 AND 2014. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES -30,124. LOSS ON SALE OF PROPERTY -14,494. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES 30,124. LOSS ON SALE OF PROPERTY 14,494. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $44,875 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $33,665 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,210 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $20,621 | OtherDirectExpensesEvent1Amt |
| Event2 | MOTORCYLE RIDE | Event2Nm |
| Gross Receipts Event2 | $9,450 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $9,450 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $4,571 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $7,774 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $7,774 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $4,932 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $62,099 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $33,665 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $28,434 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $30,124 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $30,124 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,690 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| NASH COMMUNITY COLLEGE | |||||||
| 522 N OLD CARRIAGE ROAD | ROCKY MOUNT | NC | 27804 | 560895794 | 115(1) | $191,117 | FUNDING OF SCHOLARSHIPS |
| NASH COMMUNITY COLLEGE | |||||||
| 522 N OLD CARRIAGE ROAD | ROCKY MOUNT | NC | 27804 | 560895794 | 115(1) | $232,197 | FUNDING OF OTHER ACTIVITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 AND ALL SUPPORTING SCHEDULES PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12 | WHILE 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 15 | THE 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 19 | DOCUMENTATION IS MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
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