Big Bend Community College Foundation
- Assets
- $8.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Moses Lake, WA
- Founding
- 04/2017
- Data as of
- 12/2023
- EIN
- 23-7275328
Organization Overview
Big Bend Community College Foundation is located in Moses Lake, WA. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Big Bend 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, Big Bend Community College Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $771.0k during the year ending 12/2023. While expenses have increased by 2.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACTIVELY AND VISIBLY SUPPORT THE MISSION OF THE BIG BEND COMMUNITY COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BBCC FOUNDATION SUPPORTS BIG BEND COMMUNITY COLLEGE AND ITS STUDENTS THROUGHACADEMIC PROGRAM SUPPORT, FACULTY PROFESSIONAL DEVELOPMENT, AND ADVANCING THECOLLEGE'S STRATEGIC INITIATIVES.THE BBCC SCHOLARSHIP PROGRAM HELPS STUDENTS COVER TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES AND OFFERS FINANCIAL SUPPORT TO STUDENTS FACING UNEXPECTED FINANCIAL HARDSHIPS.THIS PROGRAM AND OTHERS ARE DESIGNED TO ENHANCE THE ACADEMIC EXPERIENCE AND IMPROVE ACCESS TO EDUCATION.
THE FOUNDATION ORGANIZES FUNDRAISING CAMPAIGNS AND EVENTS TO SECURE FUNDS ANDDONATIONS FOR THE COLLEGE, ITS STUDENTS, AND PROGRAM SUPPORT. ADDITIONALLY, THEFOUNDATION ASSISTS WITH ESTATE PLANNING AND MANAGES ENDOWMENTS AND INVESTMENTS TOPRESERVE FINANCIAL STABILITY AND GROWTH.THE BBCC FOUNDATION ACTIVELY CULTIVATES AND MAINTAINS RELATIONSHIPS BETWEEN THECOLLEGE AND THE COMMUNITY, FOSTERING A SUPPORTIVE NETWORK FOR THE FOUNDATION, THECOLLEGE, AND THE STUDENTS THEY SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leanne K Parton Executive Dir. | Officer | 40 | $83,133 |
Bj Garbe Board Member | Trustee | 1 | $0 |
Angelique Clark Board Member | Trustee | 1 | $0 |
Sara Thompson-Tweedy Board Member | Trustee | 1 | $0 |
Jacob Barth Board Chair | OfficerTrustee | 1 | $0 |
Gary Chandler Liaison To Bbcc | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,789 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,938 |
| Noncash contributions included in lines 1a–1f | $61,010 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $534,727 |
| Total Program Service Revenue | $139,348 |
| Investment income | $286,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,208 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $72,762 |
| Net Income from Gaming Activities | $6,722 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,093,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $290,221 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,057 |
| Compensation of current officers, directors, key employees. | $23,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,023 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,456 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,749 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $161,580 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,001 |
| Office expenses | $9,419 |
| Information technology | $16,815 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,651 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,848 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,884 |
| Insurance | $13,980 |
| All other expenses | $2,169 |
| Total functional expenses | $770,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $699,359 |
| Savings and temporary cash investments | $871,265 |
| Pledges and grants receivable | $123,628 |
| Accounts receivable, net | $60,491 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $37,043 |
| Investments—publicly traded securities | $7,088,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,879,902 |
| Accounts payable and accrued expenses | $181,562 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $351,065 |
| Total liabilities | $532,627 |
| Net assets without donor restrictions | $385,608 |
| Net assets with donor restrictions | $7,961,667 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,879,902 |