Totals
- Total revenue
- $46,689
- Total expenses
- $84,558
- Contributions and grants received
- $41,179
- Grants paid
- $27,721
- Program service revenue
- $0
- Investment income
- $2,464
- Other revenue
- $3,046
- Total assets, end of year
- $747,595
- Total liabilities, end of year
- $397,538
- Net assets or fund balances, end of year
- $350,057
- Program services expenses (Part IX)
- $27,721
- Management and general expenses
- $56,837
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,396
Program services were 32.8% 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.
-
1f · All other contributions, gifts and grants
$41,179
-
3 · Investment income
total $1,523 · excluded $1,523
-
7a · Gross sales of assets other than inventory
other assets $941
-
7c · Gain or loss
other assets $941
-
7d · Net gain or loss
total $941 · excluded $941
-
8a · Fundraising events: gross income
$10,475
-
8b · Fundraising events: direct expenses
$7,430
-
8c · Net income from fundraising events
total $3,045 · excluded $3,045
-
11a · Other revenue
total $1 · excluded $1
-
11e · Other revenue, total
$1
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $22,396 · program services $22,396
-
2 · Grants to domestic individuals
total $5,325 · program services $5,325
-
11b · Fees: legal
total $2,627 · management and general $2,627
-
11c · Fees: accounting
total $12,001 · management and general $12,001
-
13 · Office expenses
total $41 · management and general $41
-
23 · Insurance
total $1,424 · management and general $1,424
-
24a · Other expenses: AUDIT
total $10,385 · management and general $10,385
-
24b · Other expenses: LICENSES & PERMITS
total $50 · management and general $50
-
24c · Other expenses: DUES
total $186 · management and general $186
-
24d · Other expenses: SERVICE CHARGES
total $24 · management and general $24
-
24e · All other expenses
total $30,099 · management and general $30,099
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $469,563 · end of year $432,000
-
2 · Savings and temporary cash investments
end of year $2,276
-
4 · Accounts receivable
end of year $35,941
-
10a · Land, buildings and equipment: cost or other basis
$311,318
-
10b · Land, buildings and equipment: accumulated depreciation
$278,781
-
10c · Land, buildings and equipment, net
beginning of year $34,480 · end of year $32,537
-
11 · Investments: publicly traded securities
beginning of year $7,721 · end of year $8,277
-
12 · Investments: other securities
beginning of year $46,382
-
13 · Investments: program-related
beginning of year $235,564 · end of year $236,564
-
15 · Other assets
beginning of year $500
-
17 · Accounts payable and accrued expenses
beginning of year $328,976 · end of year $385,538
-
18 · Grants payable
beginning of year $55,000 · end of year $12,000
-
25 · Other liabilities
beginning of year $18,512
-
27 · Net assets without donor restrictions
beginning of year $165,125 · end of year $108,116
-
28 · Net assets with donor restrictions
beginning of year $226,597 · end of year $241,941
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
THE NBSP;FOUNDATION NBSP;PROVIDES NBSP;FINANCIAL NBSP;SUPPORT NBSP;FOR NBSP;COLLEGE NBSP;PROGRAMS NBSP;STUDENT NBSP;AID NBSP;AND NBSP;PROVIDES NBSP;SCHOLARSHIPS
Activities or mission (Part I)
THE LASSEN COLLEGE FOUNDATION SUPPORTS THE LASSEN COLLEGE MISSION OF PROVIDING OUTSTANDING PROGRAMS FOR ALL THOSE PURSUING HIGHER EDUCATION GOALS THROUGH STUDENT SCHOLARSHIPS SUPPORT AND ADVOCACY.
-
SUPPORTS LASSEN COMMUNITY COLLEGE STUDENT PROGRAMS FOR ATHLETICS STUDENT AID AND SCHOLARSHIPS. FUD RAISING REVENUE INVESTMENT REVENUE AS WELL AS NON-RESTRICTED CONTRIBUTIONS FOR SCHOLARSHIPS HELP FUND THIS SUPPORT ACTIVITY.
Expenses $22,023 · Revenue $10,753
-
SUPPORTS STUDENTS THROUGH DIRECT SCHOLARSHIPS. RENTAL INCOME AND INVESTMENT INCOME ARE USED FOR SCHOLARSHIPS AS WELL AS CONTRIBUTIONS RESTRICTED FOR THAT PURPOSE.
Expenses $373 · Grants $5,325 · Revenue $31,949
As filed on the 2022 return.
Listed in Part VII
-
Sophia WagesSOPHIA WAGES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Morgan NugentMORGAN NUGENT
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Carie CamachoCARIE CAMACHO
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Jenna DucasseJENNA DUCASSE
CHEIF FINANCIAL OFFICER
- Total calculated
- $0
- Hours/week
- 0.5
-
Louis HamiltonLOUIS HAMILTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2
-
Trevor AlbertsonTREVOR ALBERTSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
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
-
LASSEN COMMUNITY COLLEGE
$22,396
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349310048
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.