2011-05-12T14:56:12-04:00 2010-06-30 BKD LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2009-07-01 134360469 WICHITA AREA TECHNICAL COLLEGE FOUNDATION WICH 3166779500 4004 N WEBB ROAD WICHITA KS 67226 RON HOLT 3166779503 2011-05-15 true STEVEN L WEBB 3162652811 2009 2016-02-24 21:20:13Z RON HOLT 4004 N WEBB ROAD WICHITA KS 67226 70251 false X WWW.WATC.EDU/FOUNDATION X 2007 KS TO SUPPORT THE WICHITA AREA TECHNICAL COLLEGE. 5 5 1 4 0 0 45758 69643 0 0 0 162 0 446 45758 70251 896036 448458 0 0 0 80596 0 0 8640 0 19378 896036 548432 -850278 -478181 2070981 1435473 242868 85541 1828113 1349932 TO SUPPORT THE WICHITA AREA TECHNICAL COLLEGE. false false 482996 448458 0 SUPPORT, ASSIST AND PROMOTE THE INTEREST AND WELFARE OF THE WICHITA AREA TECHNICAL COLLEGE AND ITS PROGRAMS AND ACTIVITIES. 482996 true true false false false false false false false true false true false false false false false false false false false true true false false false false false false false false false true false false false false true false false false true 0 0 1 true false false false false false false false false false 5 5 false false false false true true true true true false false true true false false false false false X RON HOLT 3166779503 4004 N WEBB ROAD WICHITA KS 67226 RON HOLT 1.0 X X 0 0 0 TIM NORTON 1.0 X 0 0 0 JOHN SCHWENDEMAN 1.0 X 0 0 0 BRYAN DERREBERRY 1.0 X 0 0 0 SYLVIA STECKLEY 1.0 X 0 0 0 JOHN MOORE 1.0 X X 0 0 0 RAY FREDERICK 1.0 X 0 0 0 PETE GUSTAF 1.0 X 0 13763 0 SANDY KRAMER 40.0 X 29050 0 1754 29050 13763 1754 0 false false false 0 69643 43830 69643 0 162 162 0 0 0 0 0 0 MISCELLANEOUS 900099 446 446 446 70251 0 0 608 440662 440662 7796 7796 0 0 66696 13339 46687 6670 0 0 4760 952 3332 476 4353 871 3047 435 4787 957 3351 479 0 0 0 0 0 0 0 580 580 379 379 0 0 0 0 0 0 0 0 0 0 BAD DEBT EXPENSE 8816 8816 DUES & MEMBERSHIPS 940 940 PLEDGE DISCOUNT ADJUSTMENT 8663 8663 548432 482996 56796 8640 478525 394703 0 310162 1592456 730608 2070981 1435473 242868 85541 242868 85541 X 1828113 1349932 1828113 1349932 2070981 1435473 X false true true X false X 2678391 45758 69643 2793792 2678391 45758 69643 2793792 2571246 222546 0 0 162 162 0 0 0 0 0 0 446 446 2794400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO WATC 85541 85541 UNCERTAIN TAX POSITIONS FORM 990, SCHEDULE D, PART X, LINE 2 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. true WICHITA AREA TECHNICAL COLLEGE 4004 N WEBB ROAD WICHITA KS 67226 201027060 GOVERNMENT 440662 OPERATIONS 1 0 SCHOLARSHIPS 49 7796 MONITORING USE OF GRANTS FORM 990, SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE PROVIDED TO WHICHITA AREA TECHNICAL COLLEGE, A RELATED GOVERNMENTAL ORGANIZATION. THE COLLEGE USES THE FUNDS FOR GENERAL OPERATIONS TO SUPPORT ITS EDUCATIONAL PROGRAMS. THE ORGANIZATION CAREFULLY SELECTS THE RECIPIENTS OF THE SCHOLARSHIPS AND A CHECK IS WRITTEN DIRECTLY TO WATC FOR THE BENEFIT OF THE RECIPIENT. X EQUIPMENT 1 43830 COST 0 false true false GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, SECTION A LINE 6 Wichita Area Technical College (WATC), a not-for-profit, government organization, is the sole member of Wichita Area Technical College Foundation (WATCF). LINE 7A Wichita Area Technical College (WATC) being the sole member of Wichita Area Technical College Foundation has the right to elect the Board of Trustees. LINE 7B WATC, the sole member has the right to approve WATCF'S bylaws, Articles of Incorporation, and Board of Trustees. POLICIES FORM 990, PART VI, SECTION B LINE 11A AN INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990. THE BOARD OF TRUSTEES THEN REVIEWS THE 990 AND ANY NECESSARY MODIFICATIONS ARE ADDRESSED. THE FINAL 990, WITH ALL REQUIRED SCHEDULES, IS THEN PROVIDED TO ALL VOTING TRUSTEES PRIOR TO FILING THE 990 WITH THE IRS. LINE 12 A conflict of interest policy was filed with the IRS with form 1023; however, the Foundation is currently revising the policy and implementing a monitoring process to meet the guidelines set forth by the IRS. In the meantime, the Foundation has mailed to all current and former TRUSTEES, officers, and substantial contributors a questionnaire requesting disclosure of any business relationships, loans, grants or assistance, or salaries between these individuals or corporations and the Foundation. There have been no conflicts reported on any of the returned questionnaires. DISCLOSURE FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. WICHITA AREA TECHNICAL COLLEGE 4004 N WEBB ROAD WICHITA KS 67226 201027060 EDUCATION KS 115 N/A false true false false false false false false false false false false true false true false false false