Form 990 for tax year 2022
Filed by LAKE TAHOE COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $1,020,515
- Total expenses
- $524,617
- Contributions and grants received
- $884,163
- Grants paid
- $277,343
- Program service revenue
- $0
- Investment income
- $95,440
- Other revenue
- $40,912
- Total assets, end of year
- $4,884,857
- Total liabilities, end of year
- $139,355
- Net assets or fund balances, end of year
- $4,745,502
- Program services expenses (Part IX)
- $419,776
- Management and general expenses
- $26,188
- Fundraising expenses
- $78,653
- Program service expenses (Part III)
- $419,776
Program services were 80.0% 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
$884,163
-
1g · Noncash contributions included above
$2,833
-
3 · Investment income
total $95,440 · excluded $95,440
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$132,761
-
8b · Fundraising events: direct expenses
$91,849
-
8c · Net income from fundraising events
total $40,912
-
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 $32,527 · program services $32,527
-
2 · Grants to domestic individuals
total $244,816 · program services $244,816
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $10,141 · management and general $10,141
-
13 · Office expenses
total $0
-
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 $0
-
24a · Other expenses: Program Support
total $121,363 · program services $121,363
-
24b · Other expenses: Events
total $94,908 · program services $16,255 · fundraising $78,653
-
24c · Other expenses: Printing and Publications
total $7,050 · management and general $7,050
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $4,894 · management and general $4,894
-
24e · All other expenses
total $8,918 · program services $4,815 · management and general $4,103
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,212,378 · end of year $1,383,586
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $17,146 · end of year $27,461
-
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
beginning of year $32,105 · end of year $25,063
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $3,172,680 · end of year $3,448,747
-
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
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $97,545 · end of year $53,837
-
19 · Deferred revenue
beginning of year $87,160 · end of year $85,518
-
27 · Net assets without donor restrictions
beginning of year $700,209 · end of year $1,296,755
-
28 · Net assets with donor restrictions
beginning of year $3,549,395 · end of year $3,448,747
Mission and programs · 2022
Mission
THE MISSION OF THE FOUNDATION IS TO WORK FOR EDUCATIONAL EXCELLENCE BY ASSISTING AND ENCOURAGING INVESTMENT IN THE DEVELOPMENT AND GROWTH OF EDUCATIONAL OPPORTUNITIES AT LAKE TAHOE COMMUNITY COLLEGE DISTRICT
Activities or mission (Part I)
THE MISSION OF THE FOUNDATION IS TO WORK FOR EDUCATIONAL EXCELLENCE BY ASSISTING AND ENCOURAGING INVESTMENT IN THE DEVELOPMENT AND GROWTH OF EDUCATIONAL OPPORTUNITIES AT LAKE TAHOE COMMUNITY COLLEGE DISTRICT.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $244,816
-
CONTRIBUTIONS TO COLLEGE DEPARTMENTS IN ORDER TO SUPPORT STUDENT ACTIVITIES, EDUCATIONAL PROJECTS, AND TECHNOLOGICAL UPGRADES. THE SOURCE OF THESE FUNDS IS A COMBINATION OF UNRESTRICTED AND RESTRICTED DONATIONS.
Expenses $174,960
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jeff DeFranco
Secretary
- Total calculated
- $315,806
- From this org
- $0
- From related orgs
- $280,545
- Other
- $35,261
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $280,545 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $35,261 related
- Filer's total
- not reported + $315,806 related
-
Russi Egan
Treasurer
- Total calculated
- $201,427
- From this org
- $0
- From related orgs
- $183,166
- Other
- $18,261
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $183,166 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $18,261 related
- Filer's total
- not reported + $201,427 related
-
Walter Morris
Trustee
- Total calculated
- $138,612
- From this org
- $0
- From related orgs
- $120,351
- Other
- $18,261
- Hours/week
- 1 + 40 related
-
Nancy Harrison
Executive Dir.
- Total calculated
- $121,827
- From this org
- $0
- From related orgs
- $103,566
- Other
- $18,261
- Hours/week
- 35 + 40 related
-
Lisa Shafer
Trustee
- Total calculated
- $101,131
- From this org
- $0
- From related orgs
- $82,870
- Other
- $18,261
- Hours/week
- 1 + 40 related
-
Adele Lucas
President
- Total calculated
- $0
- Hours/week
- 4
-
Dr Jamie Orr PhD
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Ron Alling
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Hellen Barclay
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Diane Bisbee
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Deanna Brothers
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kim Carr
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Bob Cliff
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Gregory Cremeans
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Kerry David
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Tyler Fair
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Maria Foulke
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Charlotte Goodman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Leon Malmed
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Roberta Mason
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Lucy McLaughlin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Novasel
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Tillman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Joe Tillson
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
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
-
Lake Tahoe Community College
$32,527
Student's Educational Activities
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.
-
Lake Tahoe Community College District
GOVNT · Community College District · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420889349300742
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