Form 990 for tax year 2022
Filed by AUSTIN COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $2,884,034
- Total expenses
- $1,218,615
- Contributions and grants received
- $2,403,099
- Grants paid
- $1,148,587
- Program service revenue
- $0
- Investment income
- $487,109
- Other revenue
- -$6,174
- Total assets, end of year
- $16,460,761
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $16,460,761
- Program services expenses (Part IX)
- $1,148,587
- Management and general expenses
- $70,028
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,148,587
Program services were 94.3% 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.
-
1e · Government grants (contributions)
$1,041,812
-
1f · All other contributions, gifts and grants
$1,361,287
-
1g · Noncash contributions included above
$39,739
-
3 · Investment income
total $482,052 · excluded $482,052
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $2,970,641
-
7b · Less cost or other basis and sales expenses
securities $2,965,584
-
7c · Gain or loss
securities $5,057
-
7d · Net gain or loss
total $5,057 · excluded $5,057
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Partnership income
total -$6,174 · unrelated business -$6,184 · excluded $10
-
11e · Other revenue, total
-$6,174
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,148,587 · program services $1,148,587
-
2 · Grants to domestic individuals
total $0
-
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 $12,000 · management and general $12,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $47,957 · management and general $47,957
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
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 $1,831 · management and general $1,831
-
24a · Other expenses: Bank & credit card charges
total $5,197 · management and general $5,197
-
24b · Other expenses: Other expenses
total $3,043 · management and general $3,043
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $2,521,341 · end of year $1,857,725
-
3 · Pledges and grants receivable
beginning of year $386,764 · end of year $247,796
-
4 · Accounts receivable
end of year $0
-
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
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $10,260,305 · end of year $12,538,354
-
12 · Investments: other securities
beginning of year $1,676,116 · end of year $1,792,891
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $12,244 · end of year $23,995
-
27 · Net assets without donor restrictions
beginning of year $2,018,312 · end of year $2,025,674
-
28 · Net assets with donor restrictions
beginning of year $12,838,458 · end of year $14,435,087
Mission and programs · 2022
Mission
To support educational initiatives which will enhance the quality of facilities and instruction, increase and diversify educational services, and improve accessibility to educational opportunities for those served by ACC.
Activities or mission (Part I)
To support educational initiatives which will enhance the quality of facilities and instruction, increase and diversify educational services, and improve accessibility to educational opportunities for students, faculty, staff, and residents served by ACC.
-
The Foundation provided financial resources to Austin Community College District for scholarships and other programs.
Expenses $1,148,587 · Grants $1,148,587
As filed on the 2022 return.
Listed in Part VII
-
Amy Bawcom
Exec Director
- Total calculated
- $151,875
- From this org
- $132,570
- From related orgs
- $0
- Other
- $19,305
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,570
- Bonus
- not reported
- Other
- not reported
- Deferred
- $10,726
- Nontaxable benefits
- $8,579
- Filer's total
- $151,875
-
Kannan Kaliyur
Chair
- Total calculated
- $0
- Hours/week
- 3
-
Abdul Subhani
Chair Elect
- Total calculated
- $0
- Hours/week
- 2
-
Butch Hayes
Past Chair
- Total calculated
- $0
- Hours/week
- 2
-
William Lasher
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Kirby Baird
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Sylvia Blanco
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alex Brown
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eyna Canales-Zarate
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nora de Hoyos Comstock
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy Ferguson
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Glass
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Hernandez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Hvisdos
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Jackobs
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mitch Jacobson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Jensen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim Koerner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gita Lal
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Mahn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joana Ortiz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Reinhart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard Rhodes
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Roueche
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Shaw
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Taylor
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Thornborrow
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dana Walker
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. 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
-
$1,148,587
Scholarships, programs
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312659349300711
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