Form 990 for tax year 2022
Filed by JOHNSTON COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $825,563
- Total expenses
- $1,361,544
- Contributions and grants received
- $1,198,355
- Grants paid
- $676,022
- Program service revenue
- $0
- Investment income
- -$379,612
- Other revenue
- $6,820
- Total assets, end of year
- $13,699,267
- Total liabilities, end of year
- $443,055
- Net assets or fund balances, end of year
- $13,256,212
- Program services expenses (Part IX)
- $1,275,514
- Management and general expenses
- $22,390
- Fundraising expenses
- $63,640
- Program service expenses (Part III)
- $1,275,514
Program services were 93.7% 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
$2,520
-
1f · All other contributions, gifts and grants
$1,195,835
-
1g · Noncash contributions included above
$80,681
-
3 · Investment income
total $256,142 · excluded $256,142
-
7a · Gross sales of assets other than inventory
securities $16,385,330
-
7b · Less cost or other basis and sales expenses
securities $17,021,084
-
7c · Gain or loss
securities -$635,754
-
7d · Net gain or loss
total -$635,754 · excluded -$635,754
-
8a · Fundraising events: gross income
$1,700
-
8a · Fundraising events: contributions included on line 1c
$2,520
-
8b · Fundraising events: direct expenses
$1,565
-
8c · Net income from fundraising events
total $135
-
9a · Gaming: gross income
$29,940
-
9b · Gaming: direct expenses
$23,255
-
9c · Net income from gaming
total $6,685 · excluded $6,685
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $344,808 · program services $344,808
-
2 · Grants to domestic individuals
total $331,214 · program services $331,214
-
11g · Fees: other
total $18,483 · program services $18,483
-
12 · Advertising and promotion
total $66 · management and general $66
-
13 · Office expenses
total $53,996 · program services $28,127 · management and general $19,842 · fundraising $6,027
-
17 · Travel
total $2,274 · program services $1,363 · management and general $911
-
24a · Other expenses: GRANT EXPENSES
total $525,056 · program services $525,056
-
24b · Other expenses: SPECIAL EVENT EXPENSES
total $57,613 · fundraising $57,613
-
24c · Other expenses: DONOR APPRECIATION
total $16,636 · program services $16,636
-
24d · Other expenses: PUBLIC RELATIONS
total $8,133 · program services $8,133
-
24e · All other expenses
total $3,265 · program services $1,694 · management and general $1,571
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,466,729 · end of year $1,974,680
-
3 · Pledges and grants receivable
beginning of year $1,382,282 · end of year $1,521,025
-
10a · Land, buildings and equipment: cost or other basis
$778,790
-
10c · Land, buildings and equipment, net
beginning of year $778,790 · end of year $778,790
-
11 · Investments: publicly traded securities
beginning of year $8,411,565 · end of year $9,418,635
-
15 · Other assets
beginning of year $5,709 · end of year $6,137
-
17 · Accounts payable and accrued expenses
beginning of year $4,761 · end of year $3,019
-
19 · Deferred revenue
beginning of year $132,238 · end of year $77,504
-
25 · Other liabilities
beginning of year $373,055 · end of year $362,532
-
27 · Net assets without donor restrictions
beginning of year $332,713 · end of year $366,166
-
28 · Net assets with donor restrictions
beginning of year $12,202,308 · end of year $12,890,046
Mission and programs · 2022
Mission
JOHNSTON COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO BUILD PARTNERSHIPS AND RESOURCES FOR EDUCATIONAL OPPORTUNITIES
-
TO PROVIDE FUNDS FOR SPECIAL PURPOSES, SPECIAL AWARDS, SCHOLARSHIPS, INNOVATION GRANTS, AND DIRECT INSTITUTIONAL SUPPORT FOR THE BENEFIT OF JOHNSTON COMMUNITY COLLEGE AND ITS STUDENTS.
Expenses $1,275,514 · Grants $676,022
As filed on the 2022 return.
Listed in Part VII
-
Dr Twyla WellsDR TWYLA WELLS
FORMER EXEC
- Total calculated
- $136,322
- From this org
- $0
- From related orgs
- $125,503
- Other
- $10,819
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- not reported + $125,503 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $10,819 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $136,322 related
-
Julie HarrisonJULIE HARRISON
TREASURER
- Total calculated
- $112,141
- From this org
- $0
- From related orgs
- $82,198
- Other
- $29,943
- Hours/week
- 1
-
Miriam Amado-LopezMIRIAM AMADO-LOPEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Woody BaileyWOODY BAILEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joy CallahanJOY CALLAHAN
INTERIM EXEC
- Total calculated
- $0
- Hours/week
- 20
-
Randy DavisRANDY DAVIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Orlando DowellORLANDO DOWELL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Pamela HarrellDR PAMELA HARRELL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob HildenbrandBOB HILDENBRAND
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Oliver JohnsonDR OLIVER JOHNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel KeeneyDANIEL KEENEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marlon LeeMARLON LEE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Vern LindquistDR VERN LINDQUIST
EX-OFFICIO M
- Total calculated
- $0
- Hours/week
- 1
-
Blaire NarronBLAIRE NARRON
PRESIDENT-EL
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ParkerSTEPHEN PARKER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lucia PlanchonLUCIA PLANCHON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Meredith RabilMEREDITH RABIL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew WagnerANDREW WAGNER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beth WatsonBETH WATSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew WilsonMATTHEW WILSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John ParrishJOHN PARRISH
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 2
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
-
$344,808
DIRECT INST 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.
-
COLLEGE · NC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202400659349301225
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