GLEN OAKS COMMUNITY COLLEGE FOUNDATION

EIN: 382285489 501(c)(3) Education

CENTREVILLE, MI

Total Revenue
$236,292
Total Expenses
$336,250
Total Assets
$4,614,027
Net Assets
$4,588,526
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MI
Principal Officer
PHYLLIS YOUGA
Phone
2692944237
Tax Period
2024-07-01 to 2025-06-30

GLEN OAKS COMMUNITY COLLEGE FOUNDATION, founded in 1979, is a small nonprofit in the Education sector that reported $236K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $336K exceeded revenue, resulting in a 42% operating deficit.

Mission

THE MISSION OF GOCCF IS TO AWARD SCHOLARSHIPS AND GRANTS TO STUDENTS, FACULTY AND STAFF MEMBERS OF GLEN OAKS COMMUNITY COLLEGE, AND TO MAINTAIN AND DEVELOP THE FACILITIES AND SERVICES OF GLEN OAKS COMMUNITY COLLEGE FOR BROADER EDUCATIONAL OPPORTUNITIES AND SERVICES.

Program Service Accomplishments

Program 1
Expenses: $196,491

AWARD FOUNDATION SCHOLARSHIPS AND GRANTS TO STUDENTS AND STAFF OF GLEN OAKS COMMUNITY COLLEGE AND SUPPORT FACILITY CAPITAL PROJECTS AND OTHER STUDENT SERVICES.

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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 $123,735
Program Service Revenue $0
Investment Income $112,557
Other Revenue $0
TOTAL REVENUE $236,292

Expense Breakdown

Grants Paid $195,077
Salaries & Benefits $79,607
Fundraising Expenses $56,756
Program Expenses $196,491
Other Expenses $61,566
TOTAL EXPENSES $336,250

Year-over-Year Comparison

2024 2023 Change
Revenue $236,292 $292,610 -0.2%
Expenses $336,250 $226,613 +0.5%
Net Income $-99,958 $65,997 -2.5%
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
4
$70,419
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHYLLIS YOUGA PRESIDENT 0.10
Officer Director
$0 $0 $0
JOHN DRESSER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
DR PHILIP G WARD SECRETARY 0.10
Officer Director
$0 $0 $0
ELIZABETH DATKOVIC BOARD OF TRUSTEE LIASION 0.10
Director
$0 $0 $0
KELLY BIBB MEMBER 0.10
Director
$0 $0 $0
MARY FAIR DECHOW MEMBER 0.10
Director
$0 $0 $0
JIM FREIBURGER MEMBER 0.10
Director
$0 $0 $0
MICHELLE MCNAMARA MEMBER 0.10
Director
$0 $0 $0
JAY NEWMAN PHD MEMBER 0.10
Director
$0 $0 $0
CHRISTOPHER YOUNG MEMBER 0.10
Director
$0 $0 $0
RON HUDSON MEMBER - THROUGH OCT 2024 0.10
Director
$0 $0 $0
KATHY EARL MEMBER 0.10
Director
$0 $0 $0
DR ARTHUR EBERT MEMBER 0.10
Director
$0 $0 $0
DAN PHILLIPS MEMBER - THROUGH OCT 2024 0.10
Director
$0 $0 $0
MATT SCHESKE MEMBER 0.10
Director
$0 $0 $0
DR TRACY LABADIE MEMBER - BEGAN JUNE 2025 0.10
Director
$0 $0 $0
DR BRYAN NEWTON MEMBER - BEGAN JULY 2024 0.10
Director
$0 $0 $0
VONDA MARROW EXECUTIVE DIRECTOR 25.00
Officer
$0 $19,043 $70,419
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 $236,292 $336,250 $4,614,027 $-99,958
2024 $292,610 $226,613 $4,321,973 $65,997
2023 $178,026 $205,925 $3,849,692 $-27,899
2022 $326,815 $241,002 $3,568,031 $85,813
2021 $213,139 $174,206 $4,144,859 $38,933
2020 $169,379 $209,677 $3,345,242 $-40,298
2019 $275,373 $241,017 $3,412,869 $34,356
2018 $340,331 $239,599 $3,340,943 $100,732
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