Totals
- Total revenue
- $1,772,985
- Total expenses
- $1,860,646
- Contributions and grants received
- $1,730,870
- Grants paid
- $1,041,887
- Program service revenue
- $0
- Investment income
- $42,115
- Other revenue
- $0
- Total assets, end of year
- $4,019,463
- Total liabilities, end of year
- $626,648
- Net assets or fund balances, end of year
- $3,392,815
- Program services expenses (Part IX)
- $1,860,646
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,860,646
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$1,730,870
-
3 · Investment income
total $42,115 · excluded $42,115
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $896,661 · program services $896,661
-
2 · Grants to domestic individuals
total $145,226 · program services $145,226
-
11c · Fees: accounting
total $324,834 · program services $324,834
-
12 · Advertising and promotion
total $599 · program services $599
-
13 · Office expenses
total $53,671 · program services $53,671
-
17 · Travel
total $37,895 · program services $37,895
-
19 · Conferences, conventions and meetings
total $43,235 · program services $43,235
-
24a · Other expenses: CONTRACTOR FEES
total $352,882 · program services $352,882
-
24b · Other expenses: FISCAL AFFAIRS
total $5,643 · program services $5,643
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,342,402 · end of year $2,115,141
-
2 · Savings and temporary cash investments
beginning of year $149,965 · end of year $1,435,913
-
3 · Pledges and grants receivable
beginning of year $196,590 · end of year $0
-
4 · Accounts receivable
beginning of year $887,300 · end of year $434,000
-
11 · Investments: publicly traded securities
beginning of year $31,430 · end of year $34,409
-
17 · Accounts payable and accrued expenses
beginning of year $537,880 · end of year $76,272
-
19 · Deferred revenue
end of year $201,902
-
21 · Escrow or custodial account liability
beginning of year $1,589,331 · end of year $348,474
-
27 · Net assets without donor restrictions
beginning of year $1,473,644 · end of year $1,502,350
-
28 · Net assets with donor restrictions
beginning of year $2,006,832 · end of year $1,890,465
Mission and programs · 2023
Mission
TO PROMOTE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND CULTURAL STUDIES FOR LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM; TO SOLICIT AND ACCEPT GIFTS, GRANTS, APPROPRIATIONS, BEQUESTS AND FUNDS, INCLUDING PROPERTY, IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, INCLUDING SCHOLARSHIPS AND OTHER EDUCATIONAL ENDEAVORS AND ACTIVITIES IN FURTHERENCE OF LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.
-
THE LCTCS FOUNDATION PROVIDED SUPPORT TO THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM IN THREE PROGRAM AREAS: ADVOCACY AND PUBLIC ENGAGEMENT, PROFESSIONAL DEVELOPMENT, AND STUDENT ACCESSS AND SUCCESS.
Expenses $1,860,646 · Grants $1,041,887
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rocky RockettROCKY ROCKETT
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Christel SlaughterDR CHRISTEL SLAUGHTER
PARTNER AND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dr Monty SullivanDR MONTY SULLIVAN
LCTCS SYSTEM PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Tim BarfieldTIM BARFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Neil AspinwallDR NEIL ASPINWALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tommy ClarkTOMMY CLARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lee GiorgioLEE GIORGIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ann KnappANN KNAPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike PalamoneMIKE PALAMONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stevie SmithSTEVIE SMITH
BOARD MEMBER
- 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.
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
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
-
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
SOWELA TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
$128,000
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
DELGADO COMMUNITY COLLEGE FOUNDATION
$102,500
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
CENTRAL LOUISIANA COMMUNITY COLLEGE
$91,500
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
BATON ROUGE COMMUNITY COLLEGE
$90,750
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
FLETCHER TECHNICAL COMMUNITY COLLEGE FOUNDATION
$70,063
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
-
GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433179349307643
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.