Form 990 for tax year 2022
Filed by WENATCHEE VALLEY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $2,460,396
- Total expenses
- $1,881,710
- Contributions and grants received
- $1,979,435
- Grants paid
- $1,087,879
- Program service revenue
- $164,013
- Investment income
- $316,948
- Other revenue
- $0
- Total assets, end of year
- $11,954,049
- Total liabilities, end of year
- $605,035
- Net assets or fund balances, end of year
- $11,349,014
- Program services expenses (Part IX)
- $1,291,084
- Management and general expenses
- $514,711
- Fundraising expenses
- $75,915
- Program service expenses (Part III)
- $1,291,084
Program services were 68.6% 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
$1,979,435
-
1g · Noncash contributions included above
$236,794
-
2a · Program service revenue: Management Fees
total $128,002 · related or exempt $128,002
-
2b · Program service revenue: Program Assessment Fees
total $36,011 · related or exempt $36,011
-
3 · Investment income
total $366,183 · related or exempt $366,183
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $984,160
-
7b · Less cost or other basis and sales expenses
securities $1,033,395
-
7c · Gain or loss
securities -$49,235
-
7d · Net gain or loss
total -$49,235 · related or exempt -$49,235
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,087,879 · program services $1,087,879
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $123,037 · program services $30,759 · management and general $61,519 · fundraising $30,759
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $177,920 · program services $62,674 · management and general $98,492 · fundraising $16,754
-
8 · Pension plan contributions
total $14,137 · program services $5,005 · management and general $7,829 · fundraising $1,303
-
9 · Other employee benefits
total $55,676 · program services $22,227 · management and general $26,576 · fundraising $6,873
-
10 · Payroll taxes
total $22,649 · program services $9,247 · management and general $9,893 · fundraising $3,509
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,535 · management and general $3,535
-
11c · Fees: accounting
total $22,125 · management and general $22,125
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $244,479 · management and general $244,479
-
11g · Fees: other
total $10,813 · management and general $10,813
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $22,005 · program services $6,703 · management and general $14,752 · fundraising $550
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,179 · program services $3,884 · management and general $1,295
-
24a · Other expenses: Program Expense
total $59,964 · program services $55,688 · fundraising $4,276
-
24b · Other expenses: Marketing and Development
total $15,495 · program services $885 · management and general $7,568 · fundraising $7,042
-
24c · Other expenses: Alumni Relations
total $6,133 · program services $6,133
-
24d · Other expenses: Conferences and travel
total $5,616 · management and general $5,616
-
24e · All other expenses
total $5,068 · management and general $219 · fundraising $4,849
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $818,945 · end of year $1,704,499
-
3 · Pledges and grants receivable
beginning of year $251,735 · end of year $221,687
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $9,922,641 · end of year $10,019,863
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $8,000 · end of year $8,000
-
17 · Accounts payable and accrued expenses
beginning of year $1,007,497 · end of year $605,035
-
27 · Net assets without donor restrictions
beginning of year $968,309 · end of year $880,602
-
28 · Net assets with donor restrictions
beginning of year $9,025,515 · end of year $10,468,412
Mission and programs · 2022
Mission
The Wenatchee Valley College Foundation mission is to raise financial support for the students, programs and faculty/staff of Wenatchee Valley College and shall assist the college in achieving its goals through cultivating friends and garnering financial support.
-
Amounts provided to the Wenatchee Valley College to help support student and faculty programs, special projects, and other activities of the College.
Expenses $892,618 · Grants $689,413 · Revenue $164,013
-
Scholarships provided to the students of the Wenatchee Valley College to help offset education costs.
Expenses $398,466 · Grants $398,466
As filed on the 2022 return.
Listed in Part VII
-
Rachel M Evey
Executive Dir.
- Total calculated
- $123,037
- From this org
- $0
- From related orgs
- $104,062
- Other
- $18,975
- Hours/week
- 45
-
Xavier Arinez
Director
- Total calculated
- $0
- Hours/week
- 1
-
April Clayton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Don Gurnard
President
- Total calculated
- $0
- Hours/week
- 1
-
Barbara Guzman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Coffman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bryce Mackay
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jorden Jessup
Director
- Total calculated
- $0
- Hours/week
- 1
-
Barry Leahy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bianca Ebreo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ron Lodge
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joshua Wood
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Danielle Marchant
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lyle Markhart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea Ewer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steven Wilkinson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Daryl Ferguson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Gilmore
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cathy Rixey
Director
- Total calculated
- $0
- Hours/week
- 1
-
Beverly Jagla
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brenda Alcala
Secretary/Treas
- Total calculated
- $0
- Hours/week
- 1
-
Brett Peterson
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
-
$1,087,879
Scholarships and operating support
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.
-
IRC Sec 115 · Community College · WA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400479349301220
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.