Northern Wyoming Community College Foundation
- Assets
- $33.1m
- Revenue
- $3.3m
- Investments
- $34.1k
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 03/1965
- Data as of
- 06/2022
- EIN
- 83-6006226
Organization Overview
Northern Wyoming Community College Foundation, operating under the name Sheridan College Foundation, is located in Sheridan, WY. The organization was established in 1965. 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. Sheridan 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, Sheridan College Foundation generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $4.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. 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 PROVIDE SUPPORT FOR NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES INSTITUTIONAL SUPPORT, WHICH INCLUDES GENERAL AND EDUCATIONAL EQUIPMENT, SUPPLIES AND CAPITAL CONSTRUCTION FOR THE SHERIDAN COLLEGE AND SHERIDAN COLLEGE IN JOHNSON COUNTY CAMPUSES OF THE NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT. IN ADDITION, THE FOUNDATION HOLDS AND INVESTS CERTAIN FUNDS BELONGING TO THE DISTRICT.
THE FOUNDATION PROVIDES FINANCIAL AID THROUGH SCHOLARSHIPS AND ASSISTANCE GIVEN TO STUDENTS ATTENDING THE SHERIDAN COLLEGE AND SHERIDAN COLLEGE IN JOHNSON COUNTY CAMPUSES OF THE NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT (DISTRICT).
THE FOUNDATION PROMOTES THE DEVELOPMENT OF RELATIONSHIPS AND CONNECTIONS BETWEEN THE NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT AND THE COMMUNITY THROUGH SUPPORT FOR VARIOUS ACADEMIC PROGRAMS AND PROJECTS OF THE SHERIDAN COLLEGE AND SHERIDAN COLLEGE IN JOHNSON COUNTY CAMPUSES. THIS INCLUDES SUPPORT FOR THE CENTER FOR VITAL COMMUNITY WHICH SERVES AS A FORUM THAT JOINS ALL SHERIDAN COUNTY CITIZENS TOGETHER ACROSS LINES OF DIFFERING IDEOLOGIES SEEKING TO STRENGTHEN COMMUNITY RESOURCES. THE FOUNDATION ALSO SUPPORTS THE ATHLETIC TEAMS' BOOSTER CLUB WHOSE PURPOSE IS TO PROMOTE, AND STRENGTHEN THE ATHLETIC PROGRAMS, ENCOURAGE COMMUNITY SUPPORT AND STRENGTHEN SHERIDAN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Rohrbaugh President | OfficerTrustee | 4 | $0 |
Matt Ebzery Vice President | OfficerTrustee | 4 | $0 |
Everett Mcglothlin Secretary | OfficerTrustee | 4 | $0 |
Patrick Barker Treasurer | OfficerTrustee | 4 | $0 |
Jennifer Crouse Executive Director | Officer | 16 | $0 |
Dr Walt Tribley Director & Nwccd President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,735 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,877,463 |
| Noncash contributions included in lines 1a–1f | $15,082 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,943,198 |
| Total Program Service Revenue | $353,394 |
| Investment income | $389,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $621,484 |
| Net Income from Fundraising Events | $7,514 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,315,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,608,739 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Legal | $420 |
| Fees for services: Accounting | $59,416 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,817 |
| Fees for services: Other | $172,929 |
| Advertising and promotion | $2,924 |
| Office expenses | $13,560 |
| Information technology | $2,044 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,565 |
| Interest | $32,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $193 |
| Insurance | $500 |
| All other expenses | $3,552 |
| Total functional expenses | $4,207,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75 |
| Savings and temporary cash investments | $1,004,240 |
| Pledges and grants receivable | $834,170 |
| 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 | $9,291 |
| Net Land, buildings, and equipment | $1,444,030 |
| Investments—publicly traded securities | $29,784,137 |
| Investments—other securities | $34,075 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,090 |
| Total assets | $33,113,108 |
| Accounts payable and accrued expenses | $19,778 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,739,796 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $597,666 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $715,052 |
| Total liabilities | $11,072,292 |
| Net assets without donor restrictions | $1,041,308 |
| Net assets with donor restrictions | $20,999,508 |
| 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 | $33,113,108 |
Grants Awarded
Over the last fiscal year, Northern Wyoming Community College Foundation has awarded $3,528,935 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT PURPOSE: COLLEGE DEPARTMENTAL AND PROGRAM SUPPORT | $2,829,240 |
NORTHERN WYOMING COMMUNITY COLLEGE DISTRICT PURPOSE: EDUCATIONAL SCHOLARSHIPS AWARDED TO MULTIPLE INDIVIDUALS | $699,695 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Northern Wyoming Community College Foundation has recieved totaling $115,495.
| Awarding Organization | Amount |
|---|---|
David B Jones Foundation Wilmington, DE PURPOSE: SHERIDAN COLLEGE FOUNDATION FUND | $81,000 |
Nevada Community Foundation Inc Las Vegas, NV PURPOSE: CHARITABLE | $20,000 |
Wyoming Association Of Non Profit Organizations Cheyenne, WY PURPOSE: General support | $7,495 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,000 |
Endowment Analysis
| Beg. Balance | $22,360,287 |
| Earnings | -$2,885,789 |
| Net Contributions | $760,909 |
| Other Expense | $1,485,792 |
| Ending Balance | $18,749,615 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sioux Falls Christian Schools Association Sioux Falls, SD | $33,580,780 | $15,294,565 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Wgu Advancement Salt Lake City, UT | $262,529 | $10,776,481 |
University Of Utah Research Foundation Salt Lake City, UT | $360,749,047 | $26,132,674 |
Idaho State University Foundation Inc Pocatello, ID | $103,380,553 | $14,176,900 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Casper College Foundation Casper, WY | $118,882,238 | $11,522,950 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Foundation Of Montana State University-Billings Billings, MT | $43,347,395 | $13,750,019 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Denver Public Library Friends Foundation Denver, CO | $13,953,540 | $6,255,598 |