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Nonprofiteer
← OZARKS TECHNICAL COMMUNITY COLLEGE FOUNDATION

Form 990 for tax year 2024

Filed by OZARKS TECHNICAL COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue
$4,567,962
Total expenses
$1,083,101
Contributions and grants received
$4,160,692
Grants paid
$978,882
Program service revenue
$0
Investment income
$418,143
Other revenue
-$10,873
Total assets, end of year
$23,214,029
Total liabilities, end of year
$33,286
Net assets or fund balances, end of year
$23,180,743
Program services expenses (Part IX)
$1,016,092
Management and general expenses
$67,009
Fundraising expenses
$0
Program service expenses (Part III)
$1,016,092

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $60,572

  • 1f · All other contributions, gifts and grants

    $4,100,120

  • 1g · Noncash contributions included above

    $1,106,157

  • 3 · Investment income

    total $418,143 · excluded $418,143

  • 8a · Fundraising events: gross income

    $33,250

  • 8a · Fundraising events: contributions included on line 1c

    $60,572

  • 8b · Fundraising events: direct expenses

    $44,123

  • 8c · Net income from fundraising events

    total -$10,873 · excluded -$10,873

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $203,491 · program services $203,491

  • 2 · Grants to domestic individuals

    total $775,391 · program services $775,391

  • 11f · Fees: investment management

    total $67,009 · management and general $67,009

  • 24a · Other expenses: STUDENT SERVICES & INST

    total $35,693 · program services $35,693

  • 24b · Other expenses: CREDIT CARD FEES

    total $1,517 · program services $1,517

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $923,460 · end of year $1,976,482

  • 3 · Pledges and grants receivable

    beginning of year $3,260,616 · end of year $4,471,939

  • 11 · Investments: publicly traded securities

    beginning of year $14,166,056 · end of year $16,765,608

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,510 · end of year $33,286

  • 27 · Net assets without donor restrictions

    beginning of year $3,220,877 · end of year $4,127,050

  • 28 · Net assets with donor restrictions

    beginning of year $15,062,745 · end of year $19,053,693

Mission and programs · 2024

Mission

THE OTC FOUNDATION SUPPORTS THE COLLEGE MISSION OF TRANSFORMING LIVES AND STRENGTHENING OUR COMMUNITIES THROUGH SECURING PRIVATE GIFTS, BUILDING PARTNERSHIPS AND ADVOCATING FOR STUDENTS AND THE COLLEGE.

Activities or mission (Part I)

SUPPORTING OTC'S MISSION BY SECURING GIFTS, BUILDING PARTNERSHIPS, AND ADVOCATING FOR STUDENTS.

  • PROVIDED SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO OTC STUDENTS. AWARDS WERE MADE TO 877 STUDENTS DURING THE 24/25 SCHOOL YEAR.

    Expenses $775,391 · Grants $775,391

  • PROVIDED STUDENT AND INSTRUCTIONAL SUPPORT TO THE COLLEGE.

    Expenses $240,701 · Grants $203,491

As filed on the 2024 return.

Listed in Part VII

  • Adam Pyle

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Hammitt

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Jim Towery

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Childs

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Beth Hartman

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Raylene Appleby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kevin Ausburn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Howard Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bob Beine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Judy Breeding

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Keith Calhoun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jenny Carr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Jerry Cash

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rosa Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Greg Delong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Voncille Elmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Brad Erwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mark Haseltine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Cheryl Hertel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rick Hughlett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jim Hutcheson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jennifer Kennally

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Keith Laferriere

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John Myers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chip Sheppard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Randell Wallace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Drew Courtway

    ASST TREASURER/CFO

    Total calculated
    $199,297
    From this org
    $0
    From related orgs
    $159,716
    Other
    $39,581
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $159,716 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $27,276 related
    Nontaxable benefits
    $0 + $12,305 related
    Filer's total
    $0 + $199,297 related
  • Amy Bacon

    EXECUTIVE DIRECTOR

    Total calculated
    $176,831
    From this org
    $0
    From related orgs
    $155,476
    Other
    $21,355
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,476 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,218 related
    Nontaxable benefits
    $0 + $9,137 related
    Filer's total
    $0 + $176,831 related
  • Cray Allred

    ASSISTANT SECRETARY

    Total calculated
    $93,374
    From this org
    $0
    From related orgs
    $70,753
    Other
    $22,621
    Hours/week
    5 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
RELATED ORGANIZATION ESTABLISHES COMPENSATION OF THE CFO AND EXECUTIVE DIRECTOR VIA WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • OZARKS TECHNICAL COMMUNITY COLLEGE

    $163,683

    EDUCATIONAL INSTITUTE

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • OZARKS TECHNICAL COMMUNITY COLLEGE

    115 · EDUCATION · MO

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202611359349305186

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