SOUTHEASTERN COMMUNITY COLLEGE FOUNDATION

EIN: 561491025 501(c)(3) Education

WHITEVILLE, NC

Total Revenue
$1,336,493
Total Expenses
$899,014
Total Assets
$10,186,102
Net Assets
$10,186,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NC
Principal Officer
BRETT GORE
Phone
9106427141
Tax Period
2024-07-01 to 2025-06-30

SOUTHEASTERN COMMUNITY COLLEGE FOUNDATION, founded in 1968, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $437K, a strong 33% operating margin.

Mission

THE ORGANIZATION PROVIDES FINANCIAL AID TO STUDENTS, SPECIAL GRANTS TO STUDENTS, COMMUNITY SERVICE PROGRAMS AND FINANCIAL SUPPORT FOR SOUTHEASTERN COMMUNITY COLLEGE.

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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 $303,348
Program Service Revenue $0
Investment Income $1,033,145
Other Revenue $0
TOTAL REVENUE $1,336,493

Expense Breakdown

Grants Paid $835,863
Salaries & Benefits $0
Fundraising Expenses $30,463
Program Expenses $835,863
Other Expenses $63,151
TOTAL EXPENSES $899,014

Year-over-Year Comparison

2024 2023 Change
Revenue $1,336,493 $1,704,964 -0.2%
Expenses $899,014 $753,500 +0.2%
Net Income $437,479 $951,464 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
N/A
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
5
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COL STEVEN BRYAN DIRECTOR 0.00
Director
$0 $0 $0
DENNIS JONES DIRECTOR 0.00
Director
$0 $0 $0
DONNA E SCOTT DIRECTOR 0.00
Director
$0 $0 $0
DOUG SASSER DIRECTOR 0.00
Director
$0 $0 $0
HENRY EDMUND DIRECTOR 0.00
Director
$0 $0 $0
J DANNY MCNEILL DIRECTOR 0.00
Director
$0 $0 $0
JACKIE RAY PIERCE DIRECTOR 0.00
Director
$0 $0 $0
JOHN COUNCIL III DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH M HOOKS DIRECTOR 0.00
Director
$0 $0 $0
KENNETH MOSS DIRECTOR 0.00
Director
$0 $0 $0
MEKI GRAHAM DIRECTOR 0.00
Director
$0 $0 $0
O RICHARD WRIGHT DIRECTOR 0.00
Director
$0 $0 $0
PATRICIA W RAY DIRECTOR 0.00
Director
$0 $0 $0
PHIL HONEYCUTT DIRECTOR 0.00
Director
$0 $0 $0
RICKY BENTON JR DIRECTOR 0.00
Director
$0 $0 $0
JACK HOOKS DIRECTOR 0.00
Director
$0 $0 $0
SPRUELL R BRITT DIRECTOR 0.00
Director
$0 $0 $0
STEPHEN M SMITH DIRECTOR 0.00
Director
$0 $0 $0
TERRY MANN DIRECTOR 0.00
Director
$0 $0 $0
THERESA BLANKS DIRECTOR 0.00
Director
$0 $0 $0
LYNN SPAULDING DIRECTOR 0.00
Director
$0 $0 $0
MELISSA WILLIAMSON DIRECTOR 0.00
Director
$0 $0 $0
E RHONE SASSER EMERITUS 0.00
Director
$0 $0 $0
CAROL CALDWELL DIRECTOR 0.00
Director
$0 $0 $0
ASHLEY GORE DIRECTOR 0.00
Director
$0 $0 $0
BRETT GORE VICE CHAIR 0.00
Officer
$0 $0 $0
DR CHRISTOPHER ENGLISH SECRETARY 0.00
Officer
$0 $0 $0
IBRETA JACKSON TREASURER 0.00
Officer
$0 $0 $0
NATHAN MOORE CHAIRMAN 0.00
Officer
$0 $0 $0
TERRIE PRIEST RECORDING SECRETARY 0.00
Officer
$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 $1,336,493 $899,014 $10,186,102 $437,479
2024 No data No data No data No data
2023 $1,055,242 $1,007,966 $9,087,309 $47,276
2022 $1,177,260 $547,919 $8,465,677 $629,341
2021 $1,300,182 $539,781 $9,510,464 $760,401
2020 $786,937 $746,522 $7,435,791 $40,415
2019 $848,627 $461,634 $7,326,736 $386,993
2018 $1,271,871 $469,170 $6,822,737 $802,701
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