TILLAMOOK BAY COMMUNITY COLLEGE FOUNDATION INC

EIN: 931232961 501(c)(3) Education

Tillamook, OR

Total Revenue
$572,562
Total Expenses
$192,970
Total Assets
$1,601,429
Net Assets
$1,601,429
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
OR
Principal Officer
Britta Lawrence
Phone
5038428222
Tax Period
2022-07-01 to 2023-06-30

TILLAMOOK BAY COMMUNITY COLLEGE FOUNDATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $573K in total revenue in fiscal year 2022. Revenue surged 239% from the prior year, signaling strong growth momentum. The organization ran a surplus of $380K, a strong 66% operating margin.

Mission

To increase awareness and the level of financial resources available to Tillamook Bay Community College to provide quality education and bridges of opportunity in serving students and the diverse educational needs of the college and community.

Program Service Accomplishments

Program 1
Expenses: $192,970 Revenue: $480,166

THE PRIMARY PURPOSE OF THE CORPORATION IS TO RAISE AND MANAGE FUNDS FOR THE BENEFIT OF TILLAMOOK BAY COMMUNITY COLLEGE AND ITS STUDENTS, FACULTY, AND COMMUNITY, AND FOR ADVOCATING AND PROMOTING THE...

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THE PRIMARY PURPOSE OF THE CORPORATION IS TO RAISE AND MANAGE FUNDS FOR THE BENEFIT OF TILLAMOOK BAY COMMUNITY COLLEGE AND ITS STUDENTS, FACULTY, AND COMMUNITY, AND FOR ADVOCATING AND PROMOTING THE INTERESTS AND DEVELOPMENT OF THE COLLEGE.

Program 2
Expenses: $0 Revenue: $0

IN 2015, TBCC FOUNDATION ENTERED INTO A CAPITAL CAMPAIGN TO RAISE FUNDS IN SUPPORT OF A CAPITAL CONSTRUCTION PROJECT FOR TILLAMOOK BAY COMMUNITY COLLEGE. THERE WERE PLEDGES RECEIVED IN THE CURRENT...

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IN 2015, TBCC FOUNDATION ENTERED INTO A CAPITAL CAMPAIGN TO RAISE FUNDS IN SUPPORT OF A CAPITAL CONSTRUCTION PROJECT FOR TILLAMOOK BAY COMMUNITY COLLEGE. THERE WERE PLEDGES RECEIVED IN THE CURRENT YEAR THAT WERE TRANSMITTED TO THE 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 (2022)

Revenue Breakdown

Contributions & Grants $497,841
Program Service Revenue $0
Investment Income $74,721
Other Revenue $0
TOTAL REVENUE $572,562

Expense Breakdown

Grants Paid $127,436
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $192,970
Other Expenses $65,534
TOTAL EXPENSES $192,970

Year-over-Year Comparison

2022 2021 Change
Revenue $572,562 $168,715 +2.4%
Expenses $192,970 $225,807 -0.1%
Net Income $379,592 $-57,092 -7.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
14

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Weber Director 0.50
Director
$0 $0 $0
Dr Paul Betlinski Director 0.5
Director
$0 $0 $0
Ann Batchelder Director 0.5
Director
$0 $0 $0
Marilyn Roossinck Director 0.5
Director
$0 $0 $0
Dawn Mendez Director 0.5
Director
$0 $0 $0
Ryan Weber Director 0.5
Director
$0 $0 $0
Britta Lawrence Ex Officio 0.5
Director
$0 $0 $0
Paul Jarrell Ex Officio 0.5
Director
$0 $0 $0
Teri Fladstol Ex Officio 0.5
Director
$0 $0 $0
Michael Weissenfluh President/Director 1
Officer
$0 $0 $0
Chuck Bridge Vice President/Director 1
Officer
$0 $0 $0
Marilyn Phegley Treasurer/Director 1
Officer
$0 $0 $0
Andrea Goss Secretary 1
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 No data No data No data No data
2024 No data No data No data No data
2023 $572,562 $192,970 $1,601,429 $379,592
2022 $168,715 $225,807 $1,221,837 $-57,092
2021 $660,033 $433,955 $1,278,974 $226,078
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