Ccbc Foundation EIN 25-1652518 Form 990 (PDF) Claim this org

Ccbc Foundation FY2023 filing

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Funds educational opportunities, college facilities, and community partnerships. For fiscal year 2023 it reported $606K in revenue, $239K in expenses, and $3.9M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Monaca, PA
Website
www.ccbc.edu/ccbcfoundation
Filings
6 on file (2020–2023)
Revenue
$606KFY2023
Expenses
$239K
Net assets
$3.9M
People
25
Filings
6
Updates
0
More identity details & actions ⌄
EIN  25-1652518 Public charity (501(c)(3)) Monaca, PA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Funds educational opportunities, college facilities, and community partnerships.
Leadership
Tod R Arbutina · Director Thru Feb 2023
Money in and out
$606K revenue, $239K expenses
Bottom line
80% program efficiency
Where the money goes · FY2023
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $366K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs
Operating runway
195.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+60%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$606K
FY2023▲ +91%
Expenses
$239K
FY2023▼ -17%
Total assets
$4.0M
FY2023▲ +17%
Total liabilities
$90K
FY2023▲ +45%
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$366K
Total assetsPt X · Ln 16$4.0M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 420

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCcbc Foundation
EINHdr · item D25-1652518
Principal addressHdr · item CMonaca, PA
WebsiteHdr · item Jwww.ccbc.edu/ccbcfoundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director Thru Feb 2023
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $192K of program spending, described in the organization's own filed words · FY2022.
01

Provide scholarships to community college of beaver county students to enable continued instruction at a post-secondary level and enhance the college facilities and resources.

$192Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$544K · 90%
Other revenue$62K · 10%
Contributions & grants90%$544K
Other revenue10%$62K
Total revenueLn 12$606K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$192K
Management & general20%$48K
Total functional expensesLn 25$239K

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$4.0M
Total liabilitiesLn 26$90K
Total net assetsLn 32$3.9M
Months of cash on handcomputed93.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.9M · Operating expenses/yr $239K
195.0 months
Where the money goes
Program services
Program services $192K · Total expenses $239K
80%
Management & General
Management & general $48K · Total expenses $239K
20%
Fundraising
Fundraising $0 · Total expenses $239K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $209 · Solicited contributions (3-yr avg) $286K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $544K · Total revenue $606K
90%
Government reliance
Government grants — · Total revenue $606K
Earned-income share
Program service revenue $0 · Total revenue $606K
0%
Investment reliance
Investment income $-10K · Total revenue $606K
-2%
Program self-sufficiency
Program service revenue $0 · Total expenses $239K
0%
Growth & trend
Revenue growth (YoY)
This year $606K · Prior year $316K
+91%
Net-asset trend (YoY)
End of year $3.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $606K · Expenses $239K
+60%
Liabilities-to-Assets
Total liabilities — · Total assets $4.0M
Net-asset ratio
Net assets $3.9M · Total assets $4.0M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.0M
51%
People & payroll
Highest Reported Total Compensation
Individual Tod R Arbutina · Reported title DIRECTOR THRU FEB 2023 · Highest reported compensation $0 · Total expenses $239K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $239K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth 91%
Investment management fee ratio 0.5%
Accounting fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 12 grants · $3.5M · 2019–2024
Unitemized GrantFY2024$97,405
Community College of Beaver CountyFY2024$61,804
Community College of Beaver CountyFY2023$206,368
Unitemized GrantFY2023$65,787
Community College of Beaver CountyFY2022$125,185
Unitemized GrantFY2022$65,490
Community College of Beaver CountyFY2021$159,925
Unitemized GrantFY2021$83,000
Community College of Beaver CountyFY2020$149,554
Unitemized GrantFY2020$71,824
Community College of Beaver CountyFY2019$2,321,654
Unitemized GrantFY2019$102,778

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$343K revenue · ⤓ 990 PDF
FY2024$581K revenue · ⤓ 990 PDF
FY2023$606K revenue · viewing · ⤓ 990 PDF
FY2022$316K revenue · ⤓ 990 PDF
FY2021$358K revenue · ⤓ 990 PDF
FY2020$477K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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