Form 990 for tax year 2024
Filed by WOR-WIC COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $1,458,215
- Total expenses
- $1,419,264
- Contributions and grants received
- $961,506
- Grants paid
- $1,048,632
- Program service revenue
- $0
- Investment income
- $484,705
- Other revenue
- $12,004
- Total assets, end of year
- $38,644,905
- Total liabilities, end of year
- $120,202
- Net assets or fund balances, end of year
- $38,524,703
- Program services expenses (Part IX)
- $1,048,632
- Management and general expenses
- $342,323
- Fundraising expenses
- $28,309
- Program service expenses (Part III)
- $1,048,632
Program services were 73.9% 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.
-
1c · Fundraising events
$86,653
-
1f · All other contributions, gifts and grants
$874,853
-
1g · Noncash contributions included above
$28,140
-
3 · Investment income
total $447,604 · excluded $447,604
-
7a · Gross sales of assets other than inventory
securities $652,867
-
7b · Less cost or other basis and sales expenses
securities $615,766
-
7c · Gain or loss
securities $37,101
-
7d · Net gain or loss
total $37,101 · excluded $37,101
-
8a · Fundraising events: gross income
$27,067
-
8a · Fundraising events: contributions included on line 1c
$86,653
-
8b · Fundraising events: direct expenses
$15,063
-
8c · Net income from fundraising events
total $12,004 · excluded $12,004
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $973,185 · program services $973,185
-
2 · Grants to domestic individuals
total $75,447 · program services $75,447
-
11c · Fees: accounting
total $8,850 · management and general $8,850
-
11f · Fees: investment management
total $282,486 · management and general $282,486
-
11g · Fees: other
total $55,150 · management and general $46,000 · fundraising $9,150
-
12 · Advertising and promotion
total $197 · fundraising $197
-
13 · Office expenses
total $5,730 · fundraising $5,730
-
19 · Conferences, conventions and meetings
total $1,902 · management and general $1,902
-
23 · Insurance
total $298 · management and general $298
-
24a · Other expenses: NONCASH SUPPORT OF SPEC
total $13,232 · fundraising $13,232
-
24b · Other expenses: BANK CHARGES
total $2,627 · management and general $2,627
-
24c · Other expenses: BAD DEBT
total $160 · management and general $160
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $600,481 · end of year $476,887
-
2 · Savings and temporary cash investments
beginning of year $6,731,343 · end of year $5,906,308
-
3 · Pledges and grants receivable
beginning of year $282,016 · end of year $111,420
-
11 · Investments: publicly traded securities
beginning of year $1,878,349 · end of year $3,697,390
-
15 · Other assets
beginning of year $25,955,996 · end of year $28,452,900
-
17 · Accounts payable and accrued expenses
beginning of year $88,348 · end of year $101,794
-
19 · Deferred revenue
beginning of year $10,350 · end of year $18,408
-
27 · Net assets without donor restrictions
beginning of year $7,296,291 · end of year $7,704,769
-
28 · Net assets with donor restrictions
beginning of year $28,053,196 · end of year $30,819,934
Mission and programs · 2024
Mission
CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT WOR-WIC COMMUNITY COLLEGE
Activities or mission (Part I)
NOT FOR PROFIT ORGANIZATION ESTABLISHED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT WOR-WIC COMMUNITY COLLEGE.
-
THE FOUNDATION PROVIDED FUNDING TO WOR-WIC COMMUNITY COLLEGE TO PROVIDE STUDENTS WITH SCHOLARSHIPS IN ORDER TO FURTHER THEIR EDUCATION.
Expenses $695,354 · Grants $695,354
-
THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO VARIOUS DEPARTMENTS OF WOR-WIC COMMUNITY COLLEGE.
Expenses $253,738 · Grants $253,738
-
THE FOUNDATION PROVIDES EMERGENCY RELIEF TO WOR-WIC COMMUNITY COLLEGE STUDENTS AND EMPLOYEES IN NEED OF IMMEDIATE FINANCIAL ASSISTANCE.
Expenses $99,540 · Grants $99,540
As filed on the 2024 return.
Listed in Part VII
-
W HANK FISHER III ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JASON PARKER
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
DR BRIAN DESAULNIERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RUTH WATERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARCUS BEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN MCGEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARGY MEEKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CONNIE RICHARDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BILL SHOCKLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ALLEN BROWN SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THELMA ORR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATT POWELL
VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
STACIE DEES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLY ROEMER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
AL HONDO HANDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEFANIE RIDER
EXECUTIVE DIRECTOR
- Total calculated
- $150,220
- From this org
- $0
- From related orgs
- $103,685
- Other
- $46,535
- Hours/week
- 2 + 33 related
Schedule J breakdown matched by us
- Base
- $0 + $103,685 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,408 related
- Nontaxable benefits
- $0 + $31,127 related
- Filer's total
- $0 + $150,220 related
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
The filer's explanations (Part III)
- SCHEDULE J PART 1, LINE 3
- THE EXECUTIVE DIRECTOR SALARY IS DETERMINED BY THE RELATED PARTIES HR DEPARTMENT AND PAID FROM THE RELATED PARTIES OPERATING BUDGET.
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
-
$973,185
PROVIDE FINANCIAL ASSISTANCE TO THE COLLEGE AND PROVIDE FUNDS FOR SCHOLARSHIPS TO STUDENTS.
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.
-
GOVERNMENTAL UNIT · COMMUNITY COLLEGE · MD
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543049349300849
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.