Sauk Valley College Foundation
- Assets
- $10.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Dixon, IL
- Founding
- 06/1966
- Data as of
- 06/2023
- EIN
- 36-6135387
Organization Overview
Sauk Valley College Foundation is located in Dixon, IL. The organization was established in 1966. 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. Sauk Valley 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 06/2023, Sauk Valley College Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $629.3k during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 8 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 SUPPORT SAUK VALLEY COMMUNITY COLLEGE, ITS PROGRAMS AND ITS STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOLARSHIP PROGRAM INCLUDES APPROXIMATELY 328 SCHOLARSHIPS TOTALING APPROXIMATELY $176,183 PLUS AWARDS OF $276,206.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Wescott President | OfficerTrustee | 1 | $0 |
Lauren Roth Vice President | OfficerTrustee | 1 | $0 |
Suzanne Ravlin Treasurer | OfficerTrustee | 1 | $0 |
Rebekah Emery Treasurer (termed 10/22) | OfficerTrustee | 1 | $0 |
Dave Abele Secretary | OfficerTrustee | 1 | $0 |
Philip Atilano Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,680 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,178,198 |
| Noncash contributions included in lines 1a–1f | $15,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,225,878 |
| Total Program Service Revenue | $0 |
| Investment income | $46,414 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $236,517 |
| Net Income from Fundraising Events | -$6,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,502,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $452,389 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,259 |
| Fees for services: Other | $15,671 |
| Advertising and promotion | $16,279 |
| Office expenses | $13,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $256 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $12,506 |
| Total functional expenses | $629,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,732 |
| Savings and temporary cash investments | $2,163,018 |
| Pledges and grants receivable | $324,373 |
| Accounts receivable, net | $18,626 |
| 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 | $1,298 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,137,459 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,261,506 |
| Accounts payable and accrued expenses | $0 |
| 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 | $87,161 |
| Total liabilities | $87,161 |
| Net assets without donor restrictions | $721,017 |
| Net assets with donor restrictions | $9,453,328 |
| 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 | $10,261,506 |