BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION INC

EIN: 521389646 501(c)(3) Education

MIDLOTHIAN, VA

Total Revenue
$2,115,077
Total Expenses
$1,736,500
Total Assets
$9,097,827
Net Assets
$8,868,939
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
VA
Principal Officer
PAMELA COMSTOCK
Phone
8045941476
Tax Period
2022-07-01 to 2023-06-30

BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION INC, founded in 1967, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2022. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $379K, a strong 18% operating margin.

Mission

THE BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION ACQUIRES VITAL RESOURCES THAT ADVANCE THE COLLEGE'S MISSION TO PROVIDE SUPERIOR, AFFORDABLE, AND ACCESSIBLE EDUCATION. THE FOUNDATION SEEKS THE TIME, TALENT, AND FINANCIAL SUPPORT OF ALUMNI, INDIVIDUALS, BUSINESSES, CIVIC GROUPS, AND PRIVATE FOUNDATIONS IN ORDER TO BUILD RELATIONSHIPS THAT ULTIMATELY HELP THE COLLEGE ELEVATE THE COMMUNITY'S QUALITY OF LIFE.

Program Service Accomplishments

Program 1
Expenses: $1,261,794

DURING THE FISCAL YEAR, BCC FOUNDATION PROVIDED MORE THAN $633,000 IN SUPPORT TO THE COLLEGE AND STUDENTS, INCLUDING APPROXIMATELY $272,000 IN SCHOLARSHIPS AND GRANTS AND MORE THAN $323,000 IN...

Read more

DURING THE FISCAL YEAR, BCC FOUNDATION PROVIDED MORE THAN $633,000 IN SUPPORT TO THE COLLEGE AND STUDENTS, INCLUDING APPROXIMATELY $272,000 IN SCHOLARSHIPS AND GRANTS AND MORE THAN $323,000 IN SUPPORT FOR ACADEMIC PROGRAMS, FACULTY, EQUIPMENT, STUDENT EMERGENCY AID, AND OTHER STUDENT SUPPORT PROGRAMS. DURING THE FISCAL YEAR, THE FOUNDATION PROVIDED $38,000 IN EMERGENCY FUND SUPPRT FOR STUDENTS, ASSISTING THEM WITH BASIC NEEDS SUCH AS HOUSING, UTILITIES AND FOOD AS WELL AS ACADEMIC SUPPORT INCLUDING BOOKS, INTERNET ACCESS AND TRANSPORATION.IN FY23, THE FOUNDATION SUCCESSFULLY ENGAGED INVESTMENTS THAT SUPPORT COLLEGE PROGRAM DEVELOPMENT AND EXPANSION AND DISBURSED PREVIOUSLY SECURED GRANT FUNDING TO ADVANCE COLLEGE INITIATIVES. THE FOUNDATION SECURED $570,000 IN NEW GRANT FUNDING TO LAUNCH A NEW MANUFACTURING/SKILLED TRADES OUTREACH INITIATIVE AT THE COLLEGE. IN ADDITION, THE FOUNDATION DISTRIBUTED $797,000 IN PREVIOUSLY SECURED AND REIMBURSABLE GRANT FUNDING TO SUPPORT NEW PHARMACEUTICAL MANUFACTURING WORKFORCE TRAINING AND EDUCATION PROGRAMS AT THE COLLEGE. FURTHER, THE FOUNDATION SECURED $255,000 IN GRANT FUNDING TO SUPPLEMENT ONGOING HEALTHCARE PROGRAM EXPANSION AT THE COLLEGE, BRINGING TOTAL GRANT FUNDS RAISED FOR THIS INITIATIVE TO MORE THAN $825,000. THESE EXPANDED PROGRAMS ALLOW THE COLLEGE TO PREPARE MORE STUDENTS FOR THE REGION'S HIGH-DEMAND HEALTHCARE CAREERS.

Program 2
Expenses: $271,819

DURING THE YEAR THE FOUNDATION AWARDED APPROXIMATELY $272,000 OF SCHOLARSHIPS THROUGH A COMPETITIVE APPLICATION PROCESS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,770,317
Program Service Revenue $0
Investment Income $344,760
Other Revenue $0
TOTAL REVENUE $2,115,077

Expense Breakdown

Grants Paid $1,431,014
Salaries & Benefits $0
Fundraising Expenses $38,983
Program Expenses $1,533,613
Other Expenses $305,486
TOTAL EXPENSES $1,736,500

Year-over-Year Comparison

2022 2021 Change
Revenue $2,115,077 $1,581,933 +0.3%
Expenses $1,736,500 $829,174 +1.1%
Net Income $378,577 $752,759 -0.5%
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

Sign In

Governance

Voting Members
22
Independent Members
21
Employees
N/A
Volunteers
20

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
7
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL BIUNDO EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
BRIDGET H WILSON DIRECTOR 1.00
Director
$0 $0 $0
RICARDO TORRES 2ND VICE CHAIR 1.00
Officer Director
$0 $0 $0
JON VANCLEAVE TREASURER 1.00
Officer Director
$0 $0 $0
PETER ELIADES IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
RODNEY BRAZIEL DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
PAMELA COMSTOCK CHAIR 1.00
Officer Director
$0 $0 $0
ALEX R O'NEILL DIRECTOR 1.00
Director
$0 $0 $0
VANDY JONES III SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID LEDBETTER DIRECTOR 1.00
Director
$0 $0 $0
JAMES MYERS 1ST VICE CHAIR 1.00
Officer Director
$0 $0 $0
RONALD WHITE DIRECTOR 1.00
Director
$0 $0 $0
DENNY MORRIS DIRECTOR 1.00
Director
$0 $0 $0
MELVYN SMITH DIRECTOR 1.00
Director
$0 $0 $0
BRANDEE BEVAN DIRECTOR 1.00
Director
$0 $0 $0
KELLI COONS DIRECTOR 1.00
Director
$0 $0 $0
CARL DUFFEY DIRECTOR 1.00
Director
$0 $0 $0
ERICA BURGESS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE WILSON DIRECTOR 1.00
Director
$0 $0 $0
VAN WILSON DIRECTOR 1.00
Director
$0 $0 $0
ALAN W MASSENGILL DIRECTOR 1.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,115,077 $1,736,500 $9,097,827 $378,577
2022 $1,581,933 $829,174 $8,148,125 $752,759
2021 $2,758,913 $936,117 $8,341,769 $1,822,796
2020 $1,095,639 $2,384,472 $7,167,171 $-1,288,833
2019 $2,535,286 $1,116,506 $8,583,591 $1,418,780
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION INC with other nonprofits in Virginia and across the country.