Form 990 for tax year 2023
Filed by ANOKA RAMSEY COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $358,312
- Total expenses
- $332,929
- Contributions and grants received
- $243,373
- Grants paid
- $302,975
- Program service revenue
- $0
- Investment income
- $114,939
- Other revenue
- $0
- Total assets, end of year
- $1,946,592
- Total liabilities, end of year
- $53,545
- Net assets or fund balances, end of year
- $1,893,047
- Program services expenses (Part IX)
- $303,603
- Management and general expenses
- $19,964
- Fundraising expenses
- $9,362
- Program service expenses (Part III)
- $303,603
Program services were 91.2% 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.
-
1f · All other contributions, gifts and grants
$243,373
-
1g · Noncash contributions included above
$84,473
-
3 · Investment income
total $43,108 · excluded $43,108
-
7a · Gross sales of assets other than inventory
securities $872,591
-
7b · Less cost or other basis and sales expenses
securities $800,760
-
7c · Gain or loss
securities $71,831
-
7d · Net gain or loss
total $71,831 · excluded $71,831
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $302,975 · program services $302,975
-
11c · Fees: accounting
total $10,750 · management and general $10,750
-
11f · Fees: investment management
total $5,669 · management and general $5,669
-
11g · Fees: other
total $1,975 · management and general $1,975
-
13 · Office expenses
total $927 · management and general $843 · fundraising $84
-
14 · Information technology
total $455 · management and general $455
-
19 · Conferences, conventions and meetings
total $9,278 · fundraising $9,278
-
23 · Insurance
total $272 · management and general $272
-
24a · Other expenses: MISCELLANEOUS
total $628 · program services $628
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $786,093 · end of year $504,451
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $10,057
-
11 · Investments: publicly traded securities
beginning of year $1,064,972 · end of year $1,432,084
-
17 · Accounts payable and accrued expenses
beginning of year $12,838 · end of year $18,305
-
19 · Deferred revenue
end of year $35,240
-
27 · Net assets without donor restrictions
beginning of year $234,427 · end of year $284,463
-
28 · Net assets with donor restrictions
beginning of year $1,603,800 · end of year $1,608,584
Mission and programs · 2023
Mission
THE MISSION OF THE ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION IS TO BUILD FRIENDSHIPS AND FUNDS TO ENRICH STUDENTS' LIVES BY MAXIMIZING PRIVATE GIFT SUPPORT OF THE STUDENTS AND THE COLLEGE THROUGH STUDENT SCHOLARSHIPS AND SUPPORTING PROGRAMS FOR STUDENTS.
Activities or mission (Part I)
ENRICH STUDENTS THROUGH SCHOLARSHIPS AND PROGRAM SUPPORT.
-
THE ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION AWARDED MULTIPLE SCHOLARSHIPS AND GRANTS TO CURRENT STUDENTS OF OUR CAMPUS. SCHOLARSHIPS WERE AWARDED BY THE ALLOCATIONS COMMITTEE OF THE BOARD OF DIRECTORS. GRANTS WENT TO STUDENTS UNDER THE PROGRAM REFERRED TO AS RANDOM ACTS OF KINDNESS WHICH IS DESIGNED FOR EMERGENCIES THAT WOULD KEEP CURRENTLY ENROLLED STUDENTS FROM COMPLETING THEIR EDUCATION. INCLUDING BOTH SCHOLARSHIP AND GRANTS, ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION MADE AWARDS OF $158,100 TO SCHOLARSHIPS RECIPIENTS, $39,813 IN RANDOM ACTS OF KINDNESS GRANTS TO STUDENTS, $20,589 IN ADDITIONAL DIRECT STUDENT GRANTS AND $84,473 OF IN-KIND MATERIALS TO THE COLLEGE.
Expenses $303,603 · Grants $302,975
As filed on the 2023 return.
Listed in Part VII
-
Lora AndersonLORA ANDERSON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tyler EubankTYLER EUBANK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Scott HudsonSCOTT HUDSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
James HansenJAMES HANSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Pamela DemmerPAMELA DEMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandi HitchSANDI HITCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick LoehleinNICK LOEHLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd OlsonTODD OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason TjosvoldJASON TJOSVOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ben RobeckBEN ROBECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
ANOKA-RAMSEY COMMUNITY COLLEGE
$218,502
SCHOLARSHIPS AND PROGRAMMING
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.
-
ANOKA-RAMSEY COMMUNITY COLLEGE
501(C)(3) · EDUCATIONAL INSTITUTION · MN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530169349301248
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