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Nonprofiteer
← NICOLET COLLEGE FOUNDATION INC

Form 990 for tax year 2022

Filed by NICOLET COLLEGE FOUNDATION INC.

Totals

Total revenue
$4,769,981
Total expenses
$589,074
Contributions and grants received
$4,502,314
Grants paid
$412,345
Program service revenue
$0
Investment income
$267,667
Other revenue
$0
Total assets, end of year
$7,937,788
Total liabilities, end of year
$21,186
Net assets or fund balances, end of year
$7,916,602
Program services expenses (Part IX)
$412,345
Management and general expenses
$144,720
Fundraising expenses
$32,009
Program service expenses (Part III)
$412,345

Program services were 70.0% 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

    $4,502,314

  • 3 · Investment income

    total $202,112 · excluded $202,112

  • 7a · Gross sales of assets other than inventory

    securities $2,861,536

  • 7b · Less cost or other basis and sales expenses

    securities $2,795,981

  • 7c · Gain or loss

    securities $65,555

  • 7d · Net gain or loss

    total $65,555 · excluded $65,555

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $412,345 · program services $412,345

  • 7 · Other salaries and wages

    total $71,375 · management and general $71,375

  • 11c · Fees: accounting

    total $51,538 · management and general $51,538

  • 12 · Advertising and promotion

    total $24,023 · fundraising $24,023

  • 13 · Office expenses

    total $7,986 · fundraising $7,986

  • 17 · Travel

    total $3,285 · management and general $3,285

  • 23 · Insurance

    total $853 · management and general $853

  • 24a · Other expenses: SUBSCRIPTIONS & MEMBERSHI

    total $15,989 · management and general $15,989

  • 24b · Other expenses: MISCELLANEOUS

    total $969 · management and general $969

  • 24c · Other expenses: BOARD EXPENSES

    total $711 · management and general $711

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,719 · end of year $7,014

  • 2 · Savings and temporary cash investments

    beginning of year $454,484 · end of year $31,758

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,924 · end of year $4,535

  • 11 · Investments: publicly traded securities

    beginning of year $2,571,281 · end of year $7,560,164

  • 15 · Other assets

    beginning of year $310,166 · end of year $334,317

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,691 · end of year $21,186

  • 27 · Net assets without donor restrictions

    beginning of year $1,166,984 · end of year $4,788,744

  • 28 · Net assets with donor restrictions

    beginning of year $2,168,899 · end of year $3,127,858

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE

Activities or mission (Part I)

PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE

  • TO PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING NICOLET COLLEGE.

    Expenses $412,345 · Grants $412,345

As filed on the 2022 return.

Listed in Part VII

  • Heather Schallock

    EXECUTIVE DI

    Total calculated
    $131,255
    From this org
    $0
    From related orgs
    $77,882
    Other
    $53,373
    Hours/week
    40
  • Jim Brust

    VICE PRES/TR

    Total calculated
    $0
    Hours/week
    1
  • Jim Dyreby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christine Ebert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kasha Flanders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paul Knuth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sally Mode

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kathy Rankin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Charil Reis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Schiek

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Dan Skeen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Sadie Vendl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Josh Welch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Belinda Wholeben

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Angel Zarda

    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.

Grants on this return

No itemized grants to organizations on this return.

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.

  • NICOLET COLLEGE

    TECH COLLE · WI

Provenance

Return type
form_990
Tax year
2022
Filed
2 February 2024
IRS schema version
2022v5.0
Source object
202410539349300106

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