Form 990 for tax year 2022

Filed by SINCLAIR COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue: $2,558,112
Total expenses: $2,749,127
Contributions and grants received: $1,391,217
Grants paid: $2,214,553
Program service revenue: $0
Investment income: $1,066,050
Other revenue: $100,845
Total assets, end of year: $42,478,441
Total liabilities, end of year: $457,369
Net assets or fund balances, end of year: $42,021,072
Program services expenses (Part IX): $1,456,469
Management and general expenses: $314,214
Fundraising expenses: $108,993
Program service expenses (Part III): $1,456,469

Program services were 53.0% 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.

1a · Federated campaigns

$184,292
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$101,451
1f · All other contributions, gifts and grants

$1,105,474
1g · Noncash contributions included above

$28,625
3 · Investment income

total $1,253,265 · related or exempt $1,253,265 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $136,156 · personal property $0
6b · Less rental expenses

real property $35,311 · personal property $0
6c · Rental income or loss

real property $100,845 · personal property $0
6d · Net rental income or loss

total $100,845 · related or exempt $100,845 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $3,367,305 · other assets $0
7b · Less cost or other basis and sales expenses

securities $3,554,520 · other assets $0
7c · Gain or loss

securities -$187,215 · other assets $0
7d · Net gain or loss

total -$187,215 · related or exempt -$187,215 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $1,011,682 · program services $142,231
2 · Grants to domestic individuals

total $1,202,871 · program services $1,202,871
3 · Grants to foreign organizations and individuals

total $0 · program services $0
11a · Fees: management

total $153,154 · program services $0 · management and general $153,154 · fundraising $0
11b · Fees: legal

total $7,116 · program services $0 · management and general $7,116 · fundraising $0
11c · Fees: accounting

total $850 · program services $0 · management and general $850 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $49,416 · program services $0 · management and general $49,416 · fundraising $0
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $0 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $0 · program services $0 · management and general $0 · fundraising $0
14 · Information technology

total $29,825 · program services $0 · management and general $29,825 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $0 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $0 · program services $0 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $0 · program services $0 · management and general $0 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $0 · program services $0 · management and general $0 · fundraising $0
23 · Insurance

total $0 · program services $0 · management and general $0 · fundraising $0
24a · Other expenses: All other Expenses

total $165,015 · program services $111,367 · management and general $53,648 · fundraising $0
24b · Other expenses: Donor Recognition

total $108,993 · program services $0 · management and general $0 · fundraising $108,993
24c · Other expenses: Annual Audit

total $20,205 · program services $0 · management and general $20,205 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $445,722 · end of year $244,170
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $0 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$5,408,869
10b · Land, buildings and equipment: accumulated depreciation

$391,365
10c · Land, buildings and equipment, net

beginning of year $5,052,815 · end of year $5,017,504
11 · Investments: publicly traded securities

beginning of year $33,339,467 · end of year $36,857,784
12 · Investments: other securities

beginning of year $183,876 · end of year $72,905
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $284,809 · end of year $286,078
17 · Accounts payable and accrued expenses

beginning of year $173,804 · end of year $457,369
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $26,283,994 · end of year $28,321,622
28 · Net assets with donor restrictions

beginning of year $12,848,891 · end of year $13,699,450

Mission and programs · 2022

Mission

To keep higher education accessible to the region's residents through student scholarships and program support and to help Sinclair Community College remain among the nation's leading community colleges.

Scholarship monies are awards made under various Sinclair Community College scholarship programs. The awards are used by students for tuition fees and books based on need and academic achievement.

Expenses $1,314,238 · Grants $1,202,871
The Taylor program provides college and career readiness for Montgomery County Ohio high school students.

Expenses $142,231 · Grants $142,231

As filed on the 2022 return.

Listed in Part VII

Dr David L Bodary

Trustee

Total calculated

$0

Hours/week

1
Thomas E Burkhardt

Immediate Past Chair

Total calculated

$0

Hours/week

1
Judy G Cook

Trustee Emeritus non-voting

Total calculated

$0

Hours/week

1
Dr Sarah W Finch

Trustee

Total calculated

$0

Hours/week

1
Roberta Grice

Trustee

Total calculated

$0

Hours/week

1
Lisa E Hanauer

Trustee

Total calculated

$0

Hours/week

1
Eric Horstman

Trustee

Total calculated

$0

Hours/week

1
Michael R Miller

Trustee

Total calculated

$0

Hours/week

1
Linda S Parenti

Board Chair

Total calculated

$0

Hours/week

2
Jerome F Tatar

Trustee Emeritus non-voting

Total calculated

$0

Hours/week

1
William R Whistler

Vice Chair

Total calculated

$0

Hours/week

1
Marie P Wolff

Trustee

Total calculated

$0

Hours/week

1
Michael D Barhorst

Treasurer

Total calculated

$0

Hours/week

1
Dr Steven L Johnson

Secretary

Total calculated

$0

Hours/week

3
David Poff

Trustee

Total calculated

$0

Hours/week

1
Joe Sciabica

Trustee

Total calculated

$0

Hours/week

1
Jonathan Hollingsworth

Trustee

Total calculated

$0

Hours/week

1
Valerie N Jones

Trustee

Total calculated

$0

Hours/week

1
Madeline J Iseli

Trustee Ex-Officio non-voting

Total calculated

$0

Hours/week

1
Lauren White

Trustee

Total calculated

$0

Hours/week

1
Dr Lori Zakel

Trustee

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

Sinclair Community College

$840,925

Program Support
Sinclair Community College

$142,231

Program Support
Sinclair Community College

$0

Classroom Equipment

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Courseview Holdings LLC

Hold real estate · OH · income $129,948 · assets $5,164,619
Dayton Campus Holdings LLC

Hold real estate · OH · income $6,208 · assets $244,250

Provenance

Return type: form_990
Tax year: 2022
Filed: 18 April 2024
IRS schema version: 2022v5.0
Source object: 202431149349301213

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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