Cowley College Foundation
- Assets
- $8.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Arkansas City, KS
- Founding
- 03/1968
- Data as of
- 06/2022
- EIN
- 48-0735167
Organization Overview
Cowley College Foundation is located in Arkansas City, KS. The organization was established in 1968. 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. Cowley 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 06/2022, Cowley College Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $598.5k during the year ending 06/2022. While expenses have increased by 8.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE EDUCATIONAL SERVICES PROVIDED BY COWLEY COUNTY COMMUNITY COLLEGE, ARKANSAS CITY, KANSAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS FOR TUITION, BOOKS, FEES AND SUBSCRIPTIONS TO STUDENTS FOR ATTENDING COLLEGE
ASSIST WITH COSTS ASSOCIATED WITH CAMPUS RENOVATIONS.
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 |
|---|---|---|---|
Dr Kori Gregg Ccf Presiden | OfficerTrustee | 50 | $62,367 |
Mike Munson President | OfficerTrustee | 1.5 | $0 |
John Sturd Vice Preside | OfficerTrustee | 1.5 | $0 |
Patty Neises Secretary | OfficerTrustee | 1.5 | $0 |
Curt Freeland Interim Trea | OfficerTrustee | 1.5 | $0 |
Dr Dennis Rittle Cccc Preside | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,747 |
| Related organizations | $8,058 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $789,730 |
| Noncash contributions included in lines 1a–1f | $8,058 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $859,535 |
| Total Program Service Revenue | $91,108 |
| Investment income | $212,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $547,249 |
| Net Income from Fundraising Events | $8,975 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,731,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $129,027 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,367 |
| Compensation of current officers, directors, key employees. | $62,367 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,246 |
| 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 | $34,697 |
| Fees for services: Other | $0 |
| Advertising and promotion | $109 |
| Office expenses | $8,058 |
| 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 | $16,548 |
| Total functional expenses | $598,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $468,521 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,192,855 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,203 |
| Total assets | $8,752,579 |
| Accounts payable and accrued expenses | $3,110 |
| 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 | $3,110 |
| Net assets without donor restrictions | $802,651 |
| Net assets with donor restrictions | $7,946,818 |
| 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 | $8,752,579 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cowley College Foundation has recieved totaling $42,000.
| Awarding Organization | Amount |
|---|---|
The Chicago Community Trust Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Blue Cross And Blue Shield Of Kansas Foundation Inc Topeka, KS PURPOSE: SUPPORT FOR TECHNICAL COLLEGE SCHOLARSHIPS FOR STUDENTS ENROLLED IN HEALTH RELATED DEGREE TRACKS. | $2,000 |
Endowment Analysis
| Beg. Balance | $6,047,902 |
| Earnings | -$1,018,012 |
| Net Contributions | $584,135 |
| Other Expense | $9,706 |
| Ending Balance | $5,604,319 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ranken Technical College St Louis, MO | $130,223,439 | $47,100,026 |
Cottey College Nevada, MO | $140,381,856 | $25,014,106 |
Metropolitan Community College Foundation Omaha, NE | $18,326,887 | $11,124,448 |
Bacone Baptist Church Muskogee, OK | $8,262,001 | $7,873,102 |
Tulsa Community College Foundation Tulsa, OK | $22,351,433 | $4,013,088 |
Central Community College Foundation Inc Hastings, NE | $18,731,696 | $3,222,811 |
The Metropolitan Community College Foundation Kansas City, MO | $16,663,239 | $3,405,477 |
Southeast Community College Educational Fdn Lincoln, NE | $34,869,920 | $7,534,713 |
Westside Community Schools Foundation Inc Omaha, NE | $4,889,901 | $5,389,514 |
Labette Community College Foundation Parsons, KS | $3,484,837 | $749,910 |
Pikes Peak Communtiy College Foundation Inc Colorado Springs, CO | $5,356,337 | $1,290,429 |
Pueblo Community College Foundation Pueblo, CO | $15,005,245 | $6,507,429 |