Louisiana Delta Community College Foundation
- Assets
- $1.0m
- Revenue
- $323.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 09/2003
- Data as of
- 12/2021
- EIN
- 04-3604295
Organization Overview
Louisiana Delta Community College Foundation is located in Monroe, LA. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Delta Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Louisiana Delta Community College Foundation generated $323.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $421.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EDUCATIONAL AND CULTURAL WELFARE OF LOUISIANA DELTA COMMUNITY COLLEGE. TO DEVELOP, EXPAND, AND IMPROVE THE FACILITIES OF LOUISIANA DELTA COMMUNITY COLLEGE SO AS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES, ENCOURAGE EDUCATIONAL ADVANCEMENT, AND INCREASE THE USEFULNESS OF LOUISIANA DELTA COMMUNITY COLLEGE TO THE CITIZENS OF LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS- TO PROVIDE FINANCIAL AID TO STUDENTS IN NEED OF FINANCIAL RESOURCES TO ATTEND LOUISIANA DELTA COMMUNITY COLLEGE. THE RECIPIENTS OF THE SCHOLARSHIPS ARE DETERMINED BY THE SCHOLARSHIP COMMITTEE OF LOUISIANA DELTA COMMUNITY COLLEGE.
ALLOCATIONS FOR COLLEGE ORGANIZATIONS AND DEPARTMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Edge President | Officer | $0 | |
Ann Hayward Secretary/tr | Officer | $0 | |
Blake Kramer Vice Preside | Officer | $0 | |
Alton Braddock Board Member | Trustee | $0 | |
Marilyn Doris Board Member | Trustee | $0 | |
Kevin Cuppia Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $360,955 |
| Noncash contributions included in lines 1a–1f | $92,805 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $360,955 |
| Total Program Service Revenue | $0 |
| Investment income | $9,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,446 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $323,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $129,018 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,473 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,176 |
| Fees for services: Other | $25,823 |
| Advertising and promotion | $0 |
| Office expenses | $410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,290 |
| Insurance | $2,101 |
| All other expenses | $11,067 |
| Total functional expenses | $421,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $316,921 |
| Pledges and grants receivable | $6,488 |
| Accounts receivable, net | $3,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $214,632 |
| Investments—publicly traded securities | $474,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,016,588 |
| Accounts payable and accrued expenses | $4,701 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,701 |
| Net assets without donor restrictions | $321,260 |
| Net assets with donor restrictions | $690,627 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,016,588 |
Grants Awarded
Over the last fiscal year, Louisiana Delta Community College Foundation has awarded $1,324,660 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: PURPOSE IS TO PROVIDE FUNDING FOR CONSTRUCTION AT MONROE, LA AND TALLULAH, LA CAMPUSES | $1,096,651 |
LA DELTA COMMUNITY COLLEGE PURPOSE: TO PROVIDE FUNDING FOR ACTIVITIES OF THE COLLEGE. | $228,009 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Louisiana Delta Community College Foundation has recieved totaling $33,634.
| Awarding Organization | Amount |
|---|---|
Lctcs Foundation Baton Rouge, LA PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION. | $20,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $13,634 |
Endowment Analysis
| Beg. Balance | $364,864 |
| Earnings | $26,479 |
| Net Contributions | $113,000 |
| Grants | $2,500 |
| Ending Balance | $501,843 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX | $387,395,879 | $137,312,103 |
Austin Community Foundation Austin, TX | $433,764,301 | $88,798,773 |
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
The Greater New Orleans Foundation New Orleans, LA | $406,748,750 | $50,799,913 |
Arkansas Community Foundation Inc Little Rock, AR | $560,797,819 | $112,679,416 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Baton Rouge Area Foundation Baton Rouge, LA | $293,247,071 | $35,030,558 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |
Dallas Jewish Community Foundation Dallas, TX | $257,889,567 | $62,022,140 |
Excellerate Foundation Rogers, AR | $1,422,117 | $18,582,776 |