East Central Junior College Foundation Incorporated
- Assets
- $7.7m
- Revenue
- $566.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Union, MO
- Founding
- 03/1976
- Data as of
- 12/2019
- EIN
- 43-1062435
Organization Overview
East Central Junior College Foundation Incorporated is located in Union, MO. The organization was established in 1976. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2019, East Central Junior College Foundation Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Central Junior College Foundation Incorporated 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 12/2019, East Central Junior College Foundation Incorporated generated $566.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $748.5k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT FOR EAST CENTRAL COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
EAST CENTRAL COLLEGE FOUNDATION INC SUPPORTS STUDENTS GOING TO EAST CENTRAL COLLEGE BY SCHOLARSHIPS AND FURTHER SUPPORTS MANY OF THE COLLEGES' ACTIVITIES AND PROGRAMS. A TOTAL OF 151 SCHOLARSHIPS WERE AWARDED DURING THE YEAR, PAID FROM ENDOWED FUNDS AND NON-ENDOWED FUNDS. FUNDS WERE ALSO ALLOCATED TO SUPPORT SEVERAL COLLEGE PROGRAMS, INCLUDING MUSIC AND ATHLETIC PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Archibald Treasurer | OfficerTrustee | 4 | $0 |
Janet Hoven President | OfficerTrustee | 6 | $0 |
Tony Kruetz Secretary | OfficerTrustee | 4 | $0 |
Susan Miller Warden Past Preside | OfficerTrustee | 2 | $0 |
Dr C Jon Bauer Ex Officio | Trustee | 2 | $0 |
Timothy Baker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $105,701 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,689 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,390 |
| Total Program Service Revenue | $0 |
| Investment income | $177,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $566,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $344,885 |
| Grants and other assistance to domestic individuals. | $257,601 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,455 |
| Compensation of current officers, directors, key employees. | $2,345 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,179 |
| Pension plan accruals and contributions | $4,641 |
| Other employee benefits | $7,927 |
| Payroll taxes | $3,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| 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 | $8,474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,071 |
| Travel | $138 |
| 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 | $9,861 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,509 |
| All other expenses | $29,580 |
| Total functional expenses | $748,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,575 |
| Savings and temporary cash investments | $1,447,480 |
| Pledges and grants receivable | $2,262 |
| 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 | $763 |
| Net Land, buildings, and equipment | $89,000 |
| Investments—publicly traded securities | $5,948,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,699 |
| Total assets | $7,690,124 |
| Accounts payable and accrued expenses | $13,689 |
| 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 | $0 |
| Total liabilities | $13,689 |
| Net assets without donor restrictions | $2,687,500 |
| Net assets with donor restrictions | $4,988,935 |
| 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 | $7,690,124 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that East Central Junior College Foundation Incorporated has recieved totaling $871.
| Awarding Organization | Amount |
|---|---|
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $371 |
Endowment Analysis
| Beg. Balance | $3,877,005 |
| Earnings | $345,683 |
| Net Contributions | $33,500 |
| Grants | $268,136 |
| Ending Balance | $3,988,052 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert B Daugherty Foundation Omaha, NE | $895,599,209 | $80,372,150 |
Big Shoulders Fund Chicago, IL | $125,993,936 | $62,883,883 |
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Foundation For Educational Services Inc Lincoln, NE | $9,496,243 | $19,971,650 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Cristo Rey Network Chicago, IL | $14,102,009 | $11,695,592 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |