Coastal Pines Technical College Foundation

Organization Overview

Coastal Pines Technical College Foundation is located in Waycross, GA. The organization was established in 1991. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Coastal Pines Technical 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 12/2022, Coastal Pines Technical College Foundation generated $190.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $213.3k during the year ending 12/2022. While expenses have increased by 11.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COASTAL PINES TECHNICAL COLLEGE WAYCROSS GA FORMERLY OKEFENOKEE TECHNICAL COLLEGE AND ALTAMAHA TECHNICAL COLLEGE FOUNDATION FUNDS WERE MERGED EFFECTIVE JUNE 1 2016 TO PROVIDE FINANCIAL AND OTHER ESSENTIAL SUPPORT

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FINANCIAL ASSISTANCE TO 801 STUDENTS FOR COLLEGE RELATED EXPENSES SUCH AS BOOKS, TUITION AND FEES. THE FOUNDATION ASSISTS THE COLLEGE IN FUNDING VARIOUS WAYS TO PROVIDE A BETTER EDUCATION TO STUDENTS ATTENDING SEVENCAMPUS SITES IN SOUTHEAST GEORGIA


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Board, Officers & Key Employees

Name (title)Compensation
Eric Denty
Vice Chair
$0
Shaun Oquinn
Director
$0
Phil Martin
Director
$0
Bill J Higginson
Treasurer
$0
Larry Paulk
Chair
$0
Miriam Murray
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$22,807
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$173,393
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$196,200
Total Program Service Revenue$0
Investment income $20,516
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$26,704
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $190,012

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Coastal Pines Technical College Foundation has recieved totaling $41,075.

Awarding OrganizationAmount
Satilla Remc Foundation Inc

Alma, GA

PURPOSE: CAPITAL FUNDING

$10,000
Satilla Remc Foundation Inc

Alma, GA

PURPOSE: LINEMAN PROGRAM

$10,000
Georgia Power Foundation Inc In Receivership

Atlanta, GA

PURPOSE: SCHOLARSHIPS FOR UNDERREPRESENTED GROUPS

$10,000
Albert And Esther Thomson Scholarship Tr Uad 02242005

Bainbridge, GA

PURPOSE: EDUCATION PAYMENT

$8,917
Chantal And Tommy Bagwell Foundation Inc

Cumming, GA

PURPOSE: GENERAL FUND

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$158
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$637,720
Earnings$79,719
Net Contributions$209,935
Other Expense$42,142
Grants$55,893
Ending Balance$829,339

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