John Wood Community College Foundation
- Assets
- $3.2m
- Revenue
- $732.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, IL
- Founding
- 01/1986
- Data as of
- 06/2021
- EIN
- 37-1188523
Organization Overview
John Wood Community College Foundation is located in Quincy, IL. The organization was established in 1986. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. John Wood 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 06/2021, John Wood Community College Foundation generated $732.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $428.4k during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING FOR SCHOLARSHIPS AND OTHER NEEDS OF JOHN WOOD COMMUNITY COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR STUDENTS TO ENABLE THEM TO ATTEND JOHN WOOD COMMUNITY COLLEGE.
EXPENDITURES TO SUPPORT ACTIVITIES OF JOHN WOOD COMMUNITY COLLEGE.
EXPENDITURES PAID FOR STUDENT SUPPORT AND ATHLETIC PROGRAM SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Jansen Vice President/secretary | OfficerTrustee | 1 | $0 |
Robert Gray Treasurer | OfficerTrustee | 1 | $0 |
Dave Rakers President | OfficerTrustee | 1 | $0 |
Jil Tracy Director | Trustee | 1 | $0 |
Diane Ary Director | Trustee | 1 | $0 |
Josh Welker Ex-Officio Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $652,706 |
| Investment income | $46,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,581 |
| Net Income from Fundraising Events | $26,328 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $731,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $168,304 |
| 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 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,155 |
| Fees for services: Other | $19,045 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $428,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $624,959 |
| Savings and temporary cash investments | $732,223 |
| Pledges and grants receivable | $40,846 |
| Accounts receivable, net | $0 |
| 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 | $193 |
| Investments—publicly traded securities | $1,823,623 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,400 |
| Total assets | $3,235,244 |
| Accounts payable and accrued expenses | $341 |
| Grants payable | $0 |
| Deferred revenue | $4,500 |
| 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 | $0 |
| Total liabilities | $4,841 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,230,403 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John Wood Community College Foundation has recieved totaling $5,084.
| Awarding Organization | Amount |
|---|---|
George & Hazel Barber Scholarship Tr Quincy, IL PURPOSE: COLLEGE SCHOLARSHIP | $5,084 |
Endowment Analysis
| Beg. Balance | $802,927 |
| Net Contributions | $67,690 |
| Ending Balance | $870,617 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ranken Technical College St Louis, MO | $130,223,439 | $47,100,026 |
Midway University Inc Midway, KY | $66,224,424 | $32,615,868 |
Lincoln University Lincoln, IL | $52,024,030 | $25,875,577 |
Holy Cross College Inc Notre Dame, IN | $53,093,799 | $27,179,393 |
Cottey College Nevada, MO | $140,381,856 | $25,014,106 |
St Augustine College Chicago, IL | $15,853,961 | $18,146,895 |
Ancilla Domini College Plymouth, IN | $0 | $14,414,276 |
Pierce Mortuary Colleges Inc Broadview, IL | $14,603,316 | $16,634,477 |
College Of The Menominee Nation Keshena, WI | $15,783,806 | $11,637,458 |
Lac Courte Oreilles Ojibwe College Hayward, WI | $16,000,980 | $10,229,989 |
The Metropolitan Community College Foundation Kansas City, MO | $16,663,239 | $3,405,477 |
Kirkwood Community College Foundation Cedar Rapids, IA | $43,540,342 | $11,748,704 |