Sc4 Foundation
- Assets
- $6.9m
- Revenue
- $559.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Port Huron, MI
- Founding
- 06/1964
- Data as of
- 06/2022
- EIN
- 38-6083677
Organization Overview
Sc4 Foundation is located in Port Huron, MI. The organization was established in 1964. 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. Sc4 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, Sc4 Foundation generated $559.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $309.0k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS SCHOLARSHIPS, AND CAPITAL AND SPECIAL PROJECTS FOR ST. CLAIR COUNTY COMMUNITY COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED TO STUDENTS ATTENDING ST. CLAIR COUNTY COMMUNITY COLLEGE.
GRANT AWARDED TO ST. CLAIR COUNTY COMMUNITY COLLEGE FOR CAPITAL AND SPECIAL PROJECTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen M Smith Secretary | Officer | 0.25 | $0 |
Will Oldford President | Officer | 0.25 | $0 |
Steve Schweihofer Treasurer | Officer | 0.25 | $0 |
Mary K Whaling Vice President | Officer | 0.25 | $0 |
Janal Mossett Trustee | Trustee | 0.25 | $0 |
Jeffrey Wine Trustee | Trustee | 0.25 | $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 | $559,715 |
| Noncash contributions included in lines 1a–1f | $435,545 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $559,715 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $559,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,686 |
| Grants and other assistance to domestic individuals. | $177,022 |
| 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 | $79,171 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $1,905 |
| All other expenses | $0 |
| Total functional expenses | $309,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,272 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,924,957 |
| Total assets | $6,932,194 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $158,743 |
| 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 | $0 |
| Total liabilities | $158,743 |
| Net assets without donor restrictions | $296,912 |
| Net assets with donor restrictions | $6,476,539 |
| 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 | $6,932,194 |
Grants Awarded
Over the last fiscal year, Sc4 Foundation has awarded $131,992 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sandusky, MI PURPOSE: SCHOLARSHIP MGT DIST | $116,992 |
ST CLAIR COUNTY COMMUNITY COLLEGEST CLAIR COUNTY COMMUNITY COLLEGE PURPOSE: EQUIPMENT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sc4 Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
Endowment Analysis
| Beg. Balance | $7,356,351 |
| Earnings | -$1,045,006 |
| Net Contributions | $523,003 |
| Grants | -$258,024 |
| Ending Balance | $6,576,324 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Muskingum University New Concord, OH | $203,474,900 | $69,143,599 |
Baker College Flint, MI | $33,049,782 | $27,043,165 |
Baker College Flint, MI | $48,464,572 | $25,592,429 |
Baker College Flint, MI | $39,254,865 | $22,321,880 |
Holy Cross College Inc Notre Dame, IN | $53,093,799 | $27,179,393 |
Finlandia University Hancock, MI | $36,184,751 | $18,081,025 |
Christ College Of Nursing Andhealth Sciences Cincinnati, OH | $10,994,626 | $16,669,063 |
Ancilla Domini College Plymouth, IN | $0 | $14,414,276 |
Baker College Flint, MI | $17,958,758 | $9,486,714 |
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 Chatfield Edge St Martin, OH | $13,777,194 | $3,802,569 |