York County Community College Foundation

Organization Overview

York County Community College Foundation is located in Wells, ME. The organization was established in 1997. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. York County Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, York County Community College Foundation generated $117.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $43.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE YORK COUNTY COMMUNITY COLLEGE FOUNDATION IS TO ENCOURAGE AND ADVOCATE FOR THE EXPANSION OF EDUCATIONAL RESOURCES BY DEVELOPING PRIVATE AND PUBLIC SUPPORT OF YORK COUNTY COMMUNITY COLLEGE AND ITS MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OFFERED A TOTAL OF 52 SCHOLARSHIPS THROUGH DUAL ENROLLMENT, FINANCIAL AID, COLLEGE FOR KIDS AND ITS REGULAR SCHOLARSHIP PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Fossett
Chairperson
$0
Suzanne M Menard
First Vice Chairperson
$0
Kenneth T Weston
Second Vice Chairperson
$0
Kevin Moran
Treasurer
$0
Michael Cleary
Scholarship Chair
$0
Mark Gallagher
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$32,533
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$84,537
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$117,070
Total Program Service Revenue$0
Investment income $603
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,673

Grants Recieved

Over the last fiscal year, we have identified 2 grants that York County Community College Foundation has recieved totaling $9,100.

Awarding OrganizationAmount
Saco & Biddeford Savings Charitable Foundation

Saco, ME

PURPOSE: GENERAL OPERATING SUPPORT

$6,100
Worthington Scholarship Foundation

Naples, FL

PURPOSE: SCHOLARSHIPS - M. DAVISON, M. DE LANNEE DE BETRENCOUR

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,301,234
Earnings-$115,379
Net Contributions$4,975
Other Expense$15,635
Ending Balance$1,175,195

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