Hazard Independent College Foundation
- Assets
- $366.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hazard, KY
- Founding
- 12/1966
- Data as of
- 06/2022
- EIN
- 61-0660686
Organization Overview
Hazard Independent College Foundation is located in Hazard, KY. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Hazard Independent 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, Hazard Independent College Foundation generated $59.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $65.3k 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES FUNDING TO SUPPORT HAZARD COMMUNITY COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Brashear Director | 0 | $0 | |
Betsy Clemons Treasurer | 0 | $0 | |
Mike Lasslo Secretary | 0 | $0 | |
Carla Seals Executive Director | 10 | $0 | |
Derrick Bowling Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,324 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $119 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,286 |
| Total expenses | $65,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,972 |
| Other assets | $0 |
| Total assets | $366,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $366,537 |