Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,132,971

• 1g · Noncash contributions included above

  $241,769

• 2a · Program service revenue: PROGRAM SERVICE

  total $1,616 · related or exempt $1,616

• 3 · Investment income

  total $99,768 · excluded $99,768

• 7a · Gross sales of assets other than inventory

  securities $1,285,890

• 7b · Less cost or other basis and sales expenses

  securities $1,287,741

• 7c · Gain or loss

  securities -$1,851

• 7d · Net gain or loss

  total -$1,851 · excluded -$1,851

• 10a · Gross sales of inventory

  $2,116

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $2,116 · excluded $2,116

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $431 · excluded $431

• 11e · Other revenue, total

  $431

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $452,243 · program services $452,243

• 2 · Grants to domestic individuals

  total $528,480 · program services $528,480

• 11c · Fees: accounting

  total $13,302 · management and general $13,302

• 11f · Fees: investment management

  total $25,681 · management and general $25,681

• 13 · Office expenses

  total $24,108 · program services $5,194 · management and general $6,227 · fundraising $12,687

• 17 · Travel

  total $225 · management and general $90 · fundraising $135

• 19 · Conferences, conventions and meetings

  total $15,721 · management and general $15,721

• 23 · Insurance

  total $1,149 · management and general $1,149

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,053 · end of year $785,786

• 2 · Savings and temporary cash investments

  beginning of year $969,013 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $477,534 · end of year $720,483

• 7 · Other notes and loans receivable

  beginning of year $1,000 · end of year $1,000

• 9 · Prepaid expenses and deferred charges

  end of year $78

• 11 · Investments: publicly traded securities

  beginning of year $5,413,530 · end of year $6,109,027

• 17 · Accounts payable and accrued expenses

  beginning of year $8,841 · end of year $3,806

• 27 · Net assets without donor restrictions

  beginning of year $79,564 · end of year $94,655

• 28 · Net assets with donor restrictions

  beginning of year $6,774,725 · end of year $7,517,913

The filer's explanations (Part III)

SCH J PART II AND FORM 990, PART VII, SEC A, LINE 5

THE CHIEF MANAGEMENT OFFICIAL IS COMPENSATED BY SOUTHWEST WISCONSIN TECHNICAL COLLEGE, AN UNRELATED ENTITY, FOR THEIR SERVICE TO SOUTHWEST WISCONSIN TECHNICAL COLLEGE FOUNDATION INC. KIM SCHMELZ (EXECUTIVE DIRECTOR THROUGH 11/22, OFFICER) WAS PAID $70,082 IN WAGES, $10,717 IN DEFERRED COMPENSATION, AND $4,491 IN OTHER COMPENSATION, TOTAL OF $85,290 BY THE UNRELATED ENTITY. DENNIS COOLEY (EXECUTIVE DIRECTOR BEGINNING 12/22, OFFICER) WAS PAID $138,979 IN WAGES, $19,224 IN DEFERRED COMPENSATION, AND $2,567 IN OTHER COMPENSATION, TOTAL OF $160,770 BY THE UNRELATED ENTITY.