THE FOUNDATION OF CALDWELL COMMUNITY COLLEGE AND TECHNICAL INSTITUTE INC

EIN: 237212721 501(c)(3) Philanthropy & Grantmaking

LENOIR, NC

Total Revenue
$4,019,066
Total Expenses
$1,191,795
Total Assets
$31,741,232
Net Assets
$31,741,232
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NC
Principal Officer
MARLA C CHRISTIE
Phone
8287262203
Tax Period
2024-07-01 to 2025-06-30

THE FOUNDATION OF CALDWELL COMMUNITY COLLEGE AND TECHNICAL INSTITUTE INC, founded in 1970, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.0M in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.8M, a strong 70% operating margin.

Mission

THE MISSION OF THE FOUNDATION OF CALDWELL COMMUNITY COLLEGE AND TECHNICAL INSTITUTE, INC. IS TO ACQUIRE, RECEIVE BY GIFT OR BEQUEST AND ADMINISTER FUNDS, SECURITIES AND REAL PROPERTY FOR THE BENEFIT OF THE ACADEMIC AND EDUCATIONAL PROGRAMS, AND ANY OTHER PROGRAM OR PHASE OF OPERATIONS OF CALDWELL COMMUNITY COLLEGE AND TECHNICAL INSTITUTE, INC.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,263,733
Program Service Revenue $0
Investment Income $837,344
Other Revenue $1,917,989
TOTAL REVENUE $4,019,066

Expense Breakdown

Grants Paid $1,109,207
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,191,795
Other Expenses $82,588
TOTAL EXPENSES $1,191,795

Year-over-Year Comparison

2024 2023 Change
Revenue $4,019,066 $8,877,122 -0.5%
Expenses $1,191,795 $1,033,175 +0.2%
Net Income $2,827,271 $7,843,947 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE LINDSAY-BEALL BOARD MEMBER 0.00
Director
$0 $0 $0
HUNT BROYHILL BOARD MEMBER 0.00
Director
$0 $0 $0
MARGARET PEG BROYHILL CHAIRPERSON 0.00
Officer Director
$0 $0 $0
RICK COFFEY BOARD MEMBER 0.00
Director
$0 $0 $0
KAREN FORD TREASURER 0.00
Officer Director
$0 $0 $0
JOE GIBBONS BOARD MEMBER 0.00
Director
$0 $0 $0
DR WAYNE HOLLAR JR BOARD MEMBER 0.00
Director
$0 $0 $0
DOUG JOHNSON BOARD MEMBER 0.00
Director
$0 $0 $0
JOAN MCGEE BOARD MEMBER 0.00
Director
$0 $0 $0
DEBORAH MURRAY VICE CHAIR 0.00
Officer Director
$0 $0 $0
FRED R PIERCY BOARD MEMBER 0.00
Director
$0 $0 $0
DR MARK POARCH BOARD MEMBER 0.00
Director
$0 $0 $0
CHASE KELLER BOARD MEMBER 0.00
Director
$0 $0 $0
MARY FRANCES SULLIVAN BOARD MEMBER 0.00
Director
$0 $0 $0
CARMELA THOMLINSON BOARD MEMBER 0.00
Director
$0 $0 $0
GUY A WALTERS JR BOARD MEMBER 0.00
Director
$0 $0 $0
JAMIE WHITE BOARD MEMBER 0.00
Director
$0 $0 $0
KENNETH A BOHAM EMERITUS MEMBER 0.00
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
2025 $4,019,066 $1,191,795 $31,741,232 $2,827,271
2024 $8,877,122 $1,033,175 $28,913,960 $7,843,947
2023 $3,429,848 $917,268 $21,070,013 $2,512,580
2022 $509,097 $870,160 $18,557,433 $-361,063
2021 $4,300,147 $1,097,917 $18,918,496 $3,202,230
2020 $1,478,739 $1,135,432 $15,716,266 $343,307
2019 $2,048,089 $541,790 $15,372,959 $1,506,299
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