SOUTHEASTERN COMMUNITY COLLEGE FOU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $450,956

SUPPLIED FINANCIAL AID TO STUDENTS, INCLUDING LOANS, GRANTS, AND SCHOLARSHIPS. APPROXIMATELY 400 STUDENTS BENEFITTED FROM THESE PROGRAMS.

Program 2

Expenses: $384,907

PROVIDED COMMUNITY SERVICE PROGRAMS SUPPORTING PERFORMING ARTS, VISUAL ARTS, LECTURE SERIES AND THE COLLEGE CHOIR. APPROXIMATELY 1,000 BENEFITTED FROM THESE PROGRAMS.

Program 3

PROVIDED SPECIAL GRANTS TO STUDENT SERVICES TO IMPROVE STUDENT LIFE, MINI-GRANTS FOR FACULTY AND STAFF PROJECTS AND PROFESSIONAL DEVELOPMENT FUNDS FOR FACULTY AND STAFF. MORE THAN 2,500 BENEFITTED...

PROVIDED SPECIAL GRANTS TO STUDENT SERVICES TO IMPROVE STUDENT LIFE, MINI-GRANTS FOR FACULTY AND STAFF PROJECTS AND PROFESSIONAL DEVELOPMENT FUNDS FOR FACULTY AND STAFF. MORE THAN 2,500 BENEFITTED FROM THESE PROGRAMS.

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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%)

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
COL STEVEN BRYAN	DIRECTOR	Director	$0	$0	$0
DENNIS JONES	DIRECTOR	Director	$0	$0	$0
DONNA E SCOTT	DIRECTOR	Director	$0	$0	$0
DOUG SASSER	DIRECTOR	Director	$0	$0	$0
HENRY EDMUND	DIRECTOR	Director	$0	$0	$0
J DANNY MCNEILL	DIRECTOR	Director	$0	$0	$0
JACKIE RAY PIERCE	DIRECTOR	Director	$0	$0	$0
JOHN COUNCIL III	DIRECTOR	Director	$0	$0	$0
JOSEPH M HOOKS	DIRECTOR	Director	$0	$0	$0
KENNETH MOSS	DIRECTOR	Director	$0	$0	$0
MEKI GRAHAM	DIRECTOR	Director	$0	$0	$0
O RICHARD WRIGHT	DIRECTOR	Director	$0	$0	$0
PATRICIA W RAY	DIRECTOR	Director	$0	$0	$0
PHIL HONEYCUTT	DIRECTOR	Director	$0	$0	$0
RICKY BENTON JR	DIRECTOR	Director	$0	$0	$0
JACK HOOKS	DIRECTOR	Director	$0	$0	$0
SPRUELL R BRITT	DIRECTOR	Director	$0	$0	$0
STEPHEN M SMITH	DIRECTOR	Director	$0	$0	$0
TERRY MANN	DIRECTOR	Director	$0	$0	$0
THERESA BLANKS	DIRECTOR	Director	$0	$0	$0
LYNN SPAULDING	DIRECTOR	Director	$0	$0	$0
MELISSA WILLIAMSON	DIRECTOR	Director	$0	$0	$0
E RHONE SASSER	EMERITUS	Director	$0	$0	$0
CAROL CALDWELL	DIRECTOR	Director	$0	$0	$0
ASHLEY GORE	DIRECTOR	Director	$0	$0	$0
BRETT GORE	VICE CHAIR	Officer	$0	$0	$0
DR CHRISTOPHER ENGLISH	SECRETARY	Officer	$0	$0	$0
IBRETA JACKSON	TREASURER	Officer	$0	$0	$0
NATHAN MOORE	CHAIRMAN	Officer	$0	$0	$0
TERRIE PRIEST	RECORDING SECRETARY	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

SOUTHEASTERN COMMUNITY COLLEGE FOUNDATION