COLUMBIA-GREENE COMMUNITY COLLEGE … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

LAURA GOODWIN

Phone

5186976369

Tax Period

2023-01-01 to 2023-12-31

COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION INC, founded in 1979, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Net assets of $5.6M represent 63 months of operating reserves.

Mission

THE COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION IS A NON PROFIT NEW YORK STATE CORPORATION ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CULTURAL PURPOSES TO DEVELOP AND FOSTER SCHOLARSHIPS AND CHARITABLE ACTIVITIES. THE FOUNDATION ADMINISTERS GENERAL AND ACADEMIC SCHOLARSHIPS THAT HAVE BEEN MADE AVAILABLE BY CONTRIBUTIONS, GIFTS, AND BEQUESTS.

Program Service Accomplishments

Program 1

Expenses: $876,603

SCHOLARSHIPS:THE SCHOLARSHIPS ARE INTENDED TO RECOGNIZE ACADEMIC ACHIEVEMENT AND/ OR ASSIST FINANCIALLY WITH THE COST OF ATTENDING C-GCC. ENROLLED C-GCC STUDENTS MAY APPLY FOR SCHOLARSHIPS IF THE...

SCHOLARSHIPS:THE SCHOLARSHIPS ARE INTENDED TO RECOGNIZE ACADEMIC ACHIEVEMENT AND/ OR ASSIST FINANCIALLY WITH THE COST OF ATTENDING C-GCC. ENROLLED C-GCC STUDENTS MAY APPLY FOR SCHOLARSHIPS IF THE INDIVIDUAL STUDENTS MEET THE CRITERIA OF THE SPECIFIED SCHOLARSHIP. THE ESSAYS ARE SCORED BY THE SCHOLARSHIP COMMITTEE USING A STANDARDIZED RUBRIC. THE STUDENT WITH THE HIGHEST RATING (S) RECEIVES THE SCHOLARSHIP(S). SCHOLARSHIP RECIPIENTS' INFORMATION IS PLACED IN A SHARED FILE FOR THE FINANCIAL AID, BURSAR'S OFFICE, AND THE C-GCC FOUNDATION OFFICE TO ACCESS FOR APPROPRIATE RECORDING AND DISBURSEMENT PURPOSES.

Program 2

Expenses: $72,317

STUDENT EMERGENCY NEED FUNDING: THIS FUNDING IS USED TO HELP C-GCC STUDENTS WHO FACE FINANCIAL ROADBLOCKS THAT HINDER ACADEMIC SUCCESS. TUITION PAYMENTS, BOOKS, STUDENT SUPPLIES, GROCERY CARDS, GAS CARDS, MEDICAL APPOINTMENTS, TRANSPORTATION, EYEGLASSES, CAR REPAIR ARE ALL EXAMPLES OF EMERGENCY NEED. STUDENTS MUST SEND AN EMAIL EXPLAINING WHY THEY NEED THESE FUNDS. DOCUMENTATION IS FILLED OUT WITH/BY STUDENTS TO SHOW WHAT THE FUNDS ARE USED FOR, THE AMOUNT, AND SIGNED BY THE STUDENT. FOR GRANT PURPOSES DEMOGRAPHIC INFORMATION IS COLLECTED AS WELL, WITHOUT STUDENT IDENTIFICATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $858,840

Program Service Revenue $0

Investment Income $209,838

Other Revenue $2,251

TOTAL REVENUE $1,070,929

Expense Breakdown

Grants Paid $940,113

Salaries & Benefits $0

Fundraising Expenses $851

Program Expenses $948,920

Other Expenses $166,892

TOTAL EXPENSES $1,107,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,070,929	$1,241,008	-0.1%
Expenses	$1,107,005	$491,920	+1.3%
Net Income	$-36,076	$749,088	-1.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOAN KOWEEK	EXECUTIVE DIRECTOR	Director	$0	$0	$0
DR NICOLETTE SACO-BROWN	PRESIDENT	Officer Director	$0	$0	$0
CHRISTINE CUMMING	TREASURER	Officer Director	$0	$0	$0
DOREEN DAVIS	CO-VICE PRESIDENT	Officer Director	$0	$0	$0
CHRISTIAN KERSTEN	CO-VICE PRESIDENT	Officer Director	$0	$0	$0
BRUCE BOHNSACK	BOARD MEMBER	Director	$0	$0	$0
ANTHONY DE SANTIS	BOARD MEMBER	Director	$0	$0	$0
DR CARLEE DRUMMER	BOARD MEMBER	Director	$0	$0	$0
PATRICIA GIBSON	BOARD MEMBER	Director	$0	$0	$0
ALAN GOSULE	BOARD MEMBER	Director	$0	$0	$0
CHARLES MILLAR	BOARD MEMBER	Director	$0	$0	$0
JONATHAN NICHOLS	BOARD MEMBER	Director	$0	$0	$0
PETER O'HARA	BOARD MEMBER	Director	$0	$0	$0
BARBARA SHAFFER	BOARD MEMBER	Director	$0	$0	$0
FRANCES SPARK	BOARD MEMBER	Director	$0	$0	$0
MATTHEW WOOD	BOARD MEMBER	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,070,929	$1,107,005	$5,839,212	$-36,076
2022	$1,241,008	$491,920	$5,493,602	$749,088
2021	$1,032,240	$415,975	$4,898,632	$616,265
2020	$657,836	$594,910	$3,993,623	$62,926
2019	$553,842	$393,141	$3,941,446	$160,701
2018	$485,829	$504,297	$3,603,914	$-18,468

COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION INC