Form 990 for tax year 2023
Filed by WENATCHEE VALLEY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $6,924,722
- Total expenses
- $2,310,197
- Contributions and grants received
- $6,009,163
- Grants paid
- $1,671,059
- Program service revenue
- $184,712
- Investment income
- $731,787
- Other revenue
- -$940
- Total assets, end of year
- $17,301,929
- Total liabilities, end of year
- $557,749
- Net assets or fund balances, end of year
- $16,744,180
- Program services expenses (Part IX)
- $1,769,365
- Management and general expenses
- $482,600
- Fundraising expenses
- $58,232
- Program service expenses (Part III)
- $1,769,365
Program services were 76.6% 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.
-
1c · Fundraising events
$18,730
-
1d · Related organizations
$10,801
-
1f · All other contributions, gifts and grants
$5,979,632
-
1g · Noncash contributions included above
$38,509
-
2a · Program service revenue: MANAGEMENT FEES
total $142,252 · related or exempt $142,252
-
2b · Program service revenue: PROGRAM ASSESSMENT FEES
total $42,460 · related or exempt $42,460
-
3 · Investment income
total $385,458 · excluded $385,458
-
7a · Gross sales of assets other than inventory
securities $612,084
-
7b · Less cost or other basis and sales expenses
securities $265,755
-
7c · Gain or loss
securities $346,329
-
7d · Net gain or loss
total $346,329 · excluded $346,329
-
8a · Fundraising events: gross income
$4,836
-
8a · Fundraising events: contributions included on line 1c
$18,730
-
8b · Fundraising events: direct expenses
$5,776
-
8c · Net income from fundraising events
total -$940 · excluded -$940
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,671,059 · program services $1,671,059
-
7 · Other salaries and wages
total $182,973 · program services $53,838 · management and general $92,966 · fundraising $36,169
-
8 · Pension plan contributions
total $16,279 · program services $4,790 · management and general $8,271 · fundraising $3,218
-
9 · Other employee benefits
total $37,751 · program services $11,108 · management and general $19,181 · fundraising $7,462
-
10 · Payroll taxes
total $14,231 · program services $4,187 · management and general $7,231 · fundraising $2,813
-
11c · Fees: accounting
total $24,895 · management and general $24,895
-
11f · Fees: investment management
total $264,811 · management and general $264,811
-
12 · Advertising and promotion
total $24,791 · management and general $19,022 · fundraising $5,769
-
13 · Office expenses
total $34,279 · program services $24,383 · management and general $7,095 · fundraising $2,801
-
14 · Information technology
total $20,824 · management and general $20,824
-
19 · Conferences, conventions and meetings
total $7,077 · management and general $7,077
-
23 · Insurance
total $6,281 · management and general $6,281
-
24e · All other expenses
total $4,946 · management and general $4,946
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,704,499 · end of year $1,033,312
-
3 · Pledges and grants receivable
beginning of year $221,687 · end of year $3,501,424
-
4 · Accounts receivable
end of year $27,488
-
11 · Investments: publicly traded securities
beginning of year $10,019,863 · end of year $12,733,097
-
15 · Other assets
beginning of year $8,000 · end of year $6,608
-
17 · Accounts payable and accrued expenses
beginning of year $605,035 · end of year $557,749
-
27 · Net assets without donor restrictions
beginning of year $880,602 · end of year $1,296,798
-
28 · Net assets with donor restrictions
beginning of year $10,468,412 · end of year $15,447,382
Mission and programs · 2023
Mission
TO RAISE FINANCIAL SUPPORT FOR THE STUDENTS, PROGRAMS, AND FACULTY/STAFF OF WENATCHEE VALLEY COLLEGE AND ASSIST THE COLLEGE IN ACHIEVING ITS GOALS THROUGH CULTIVATING FRIENDS AND GARNERING FINANCIAL SUPPORT.
-
THE FOUNDATION PROVIDES SUPPORT TO WENATCHEE VALLEY COLLEGE FOR STUDENT AND FACULTY PROGRAMS, SPECIAL PROJECTS, AND OTHER ACTIVITIES OF THE COLLEGE. THE FOUNDATION PROVIDED MORE THAN 1,000,000 IN SUPPORT FOR COLLEGE PROGRAMS, DEPARTMENTS, AND FACULTY.
Expenses $1,106,059 · Grants $1,007,753 · Revenue $184,712
-
THE FOUNDATION SUPPORTS STUDENTS OF WENATCHEE VALLEY COLLEGE THROUGH A SCHOLARSHIP PROGRAM PROVIDED TO THE STUDENTS TO HELP OFFSET EDUCATION COSTS. THE FOUNDATION AWARDED 249 SCHOLARSHIPS DURING THE YEAR.
Expenses $663,306 · Grants $663,306
As filed on the 2023 return.
Listed in Part VII
-
Rachel EveyRACHEL EVEY
EXECUTIVE DI
- Total calculated
- $132,333
- From this org
- $0
- From related orgs
- $104,350
- Other
- $27,983
- Hours/week
- 45
-
Joshua WoodJOSHUA WOOD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jorden JessupJORDEN JESSUP
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer BabcockJENNIFER BABCOCK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Don GurnardDON GURNARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brenda AlcalaBRENDA ALCALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Xavier ArinezXAVIER ARINEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
April ClaytonAPRIL CLAYTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy CoffmanKATHY COFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bianca EbreoBIANCA EBREO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea EwerCHELSEA EWER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daryl FergusonDARYL FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica GilmoreJESSICA GILMORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barbara GuzmanBARBARA GUZMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beverly JaglaBEVERLY JAGLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barry LeahyBARRY LEAHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron LodgeRON LODGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryce MacKayBRYCE MACKAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danielle MarchantDANIELLE MARCHANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lyle MarkhartLYLE MARKHART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brett PetersonBRETT PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cathy RixeyCATHY RIXEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven WilkinsonSTEVEN WILKINSON
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
-
WENATCHEE VALLEY COLLEGE
$1,007,753
PROGRAM SUPPORT
-
WENATCHEE VALLEY COLLEGE
$663,306
SCHOLARSHIPS
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.
-
WENATCHEE VALLEY COLLEGE
115 · COLLEGE · WA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349306563
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