Skip to content
Nonprofiteer
← FLORENCE-DARLINGTON TECHNICAL COLLEGE FOUNDATION INC

Form 990 for tax year 2023

Filed by FLORENCE-DARLINGTON TECHNICAL COLLEGE FOUNDATION INC.

Totals

Total revenue
$655,106
Total expenses
$766,843
Contributions and grants received
$633,770
Grants paid
$0
Program service revenue
$0
Investment income
$83,946
Other revenue
-$62,610
Total assets, end of year
$2,902,907
Total liabilities, end of year
$180,270
Net assets or fund balances, end of year
$2,722,637
Program services expenses (Part IX)
$635,580
Management and general expenses
$131,263
Fundraising expenses
$0
Program service expenses (Part III)
$635,580

Program services were 82.9% 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

    $192,941

  • 1f · All other contributions, gifts and grants

    $440,829

  • 3 · Investment income

    total $83,946 · excluded $83,946

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $192,941

  • 8b · Fundraising events: direct expenses

    $62,610

  • 8c · Net income from fundraising events

    total -$62,610 · excluded -$62,610

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $31,053 · management and general $31,053

  • 12 · Advertising and promotion

    total $7,410 · management and general $7,410

  • 13 · Office expenses

    total $26,684 · management and general $26,684

  • 17 · Travel

    total $22,875 · management and general $22,875

  • 19 · Conferences, conventions and meetings

    total $482 · management and general $482

  • 23 · Insurance

    total $13,088 · management and general $13,088

  • 24a · Other expenses: SCHOLARSHIPS AND AWARDS

    total $501,583 · program services $501,583

  • 24b · Other expenses: COLLEGE SUPPORT PROGRAM

    total $133,997 · program services $133,997

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $29,185 · management and general $29,185

  • 24d · Other expenses: BANK FEES

    total $486 · management and general $486

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $556,860 · end of year $583,906

  • 2 · Savings and temporary cash investments

    beginning of year $2,134,749 · end of year $2,319,001

  • 3 · Pledges and grants receivable

    beginning of year $24,277

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,626 · end of year $173,015

  • 19 · Deferred revenue

    beginning of year $10,500

  • 25 · Other liabilities

    beginning of year $7,255 · end of year $7,255

  • 27 · Net assets without donor restrictions

    beginning of year -$53,608 · end of year $53,923

  • 28 · Net assets with donor restrictions

    beginning of year $2,739,113 · end of year $2,668,714

Mission and programs · 2023

Mission

RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR THE EDUCATIONAL BENEFITS OF STUDENTS. THE FOUNDATION DOES NOT DISCRIMINATE BASED ON RACE, COLOR, OR CREED.

  • RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR EDUCATIONAL BENEFITS OF STUDENTS IN THE FORM OF FULL AND PARTIAL SCHOLARSHIPS TO FLORENCE DARLINGTON TECHNICAL COLLEGE.

    Expenses $501,583

  • RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR EDUCATIONAL BENEFITS OF STUDENTS IN THE FORM OF PROGRAM EXPENSES AT FLORENCE DARLINGTON TECHNICAL COLLEGE. THE PROGRAM EXPENSES INCLUDE, BUT ARE NOT LIMITED TO, THE PURCHASE OF NEEDED EQUIPMENT SUPPLIES IN VARIOUS DEPARTMENTS, SPECIALTY EQUIPMENT UTILIZED IN SPECIALTY TRAINING FOR VARIOUS CAREERS WITH MANUFACTURERS AND ADDITIONAL TRAINING PROGRAMS OFFERED THROUGH THE COLLEGE.

    Expenses $133,997

As filed on the 2023 return.

Listed in Part VII

  • Wesley Ballou

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Donny Brock

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Dwayne Brockington

    CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Ashley Christenbury

    TREASURER

    Total calculated
    $0
    Hours/week
    0
  • Chad Hensley

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Michael Hinson

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Danny Johnson

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Aaron Jones

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Stewart Jones

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Angie Langley

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Dave Maxham

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Jeff Payne

    MEMBER-AT-LARGE

    Total calculated
    $0
    Hours/week
    0
  • Marie Saleeby

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Melissa Scott

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Nichole Echols

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Robert Gayle

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Kyle Gunter

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Will McLeod

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Matthew Anderson

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Cameron Shepard

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Tommy Walkup

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Andrea White

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Irby Wilson

    MEMBER

    Total calculated
    $0
    Hours/week
    0

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.

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.1
Source object
202433109349301548

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.