Morgan Community College Foundation

Organization Overview

Morgan Community College Foundation is located in Fort Morgan, CO. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Morgan 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 12/2023, Morgan Community College Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $636.4k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS DEDICATED TO SECURING FINANCIAL RESOURCES FOR HTE GROWTH AND DEVELOPMENT OF MORGAN COMMUNITY COLLGE AND PROMOTING A SUPERIOR ENVIRONMENT FOR LEARNING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO MORGAN COMMUNITY COLLEGE


PROVIDE SCHOLARSHIPS TO STUDENTS


FUNDING OF COMMUNITY PROGRAMS THROUGH THE COLLEGE


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Board, Officers & Key Employees

Name (title)Compensation
Cameron Armagost
Board Member
$0
Carrie Mobley
Board Member
$0
Geoff Taylor
Vice President
$0
John Harris
President
$0
Donny Edson
Vice President
$0
Rosie Evans
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,108,738
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,108,738
Total Program Service Revenue$0
Investment income $272,323
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $19,441
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $110,235
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,510,737

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