2025-10-02T13:32:54-05:00 2024-12-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC PO BOX 2644 DALTON GA 30722 990 2024-01-01 586067358 DALTON STATE COLLEGE FOUNDATION INC DALT 7062724473 650 COLLEGE DRIVE DALTON GA 30720 DAVID ELROD DIRECTOR OF INSTITUTIONAL ADVANCEME 7062724473 2025-09-26 1 0 D DAVID SCOGGINS CPA P00445019 7062782834 2025-09-26 2024 2025-03-06 01:10:19Z DAVID ELROD 650 COLLEGE DRIVE DALTON GA 30720 9450753 0 X WWW.DALTONSTATE.EDU/GIVING X 1967 GA TO PROVIDE INDIVIDUAL GRANTS, SCHOLARSHIPS AND EDUCATIONAL PROGRAMS FOR ELIGIBLE FACULTY AND RESIDENTS OF THE NORTH GEORGIA AREA 17 17 0 0 0 0 717219 1923466 0 0 1475122 1824284 -85564 -52904 2106777 3694846 0 0 0 0 0 0 0 0 33609 1432842 1982742 1432842 1982742 673935 1712104 48117343 53255124 472953 855077 47644390 52400047 TO PROVIDE INDIVIDUAL GRANTS, SCHOLARSHIPS AND EDUCATIONAL PROGRAMS FOR ELIGIBLE FACULTY AND RESIDENTS OF THE NORTH GEORGIA AREA 0 0 802691 PROVIDE DIRECT FINANCIAL SUPPORT IN THE FORM OF SCHOLARSHIPS AND AWARDS TO STUDENTS ATTENDING DALTON STATE COLLEGE. 502701 PROVIDE FINANCIAL SUPPORT TO FACULTY AND ACADEMIC PROGRAMS AT DALTON STATE COLLEGE 560001 PROGRAM SUPPORT SERVICE FOCUSED ON THE ADVANCEMENT OF DALTON STATE COLLEGE 1865393 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 GA X DAVID ELROD 7062724473 650 COLLEGE DRIVE DALTON GA 30720 JOHN M FUCHKO III EX-OFFICIO TRUSTEE 0.00 X 0 0 0 FREDERICK H HOWALT III IMMEDIATE PAST CHAIRMAN 0.00 X X 0 0 0 MURRAY W BANDY TRUSTEE 0.00 X 0 0 0 DAVID E PENNINGTON III CHAIRMAN 0.00 X X 0 0 0 G ROBERT BUCHANAN TRUSTEE 0.00 X 0 0 0 DAN COMBS TRUSTEE 0.00 X 0 0 0 R LYNETTE LAUGHTER TRUSTEE 0.00 X 0 0 0 SARA C PIERCE TRUSTEE 0.00 X 0 0 0 JOHN SHAHEEN TRUSTEE 0.00 X 0 0 0 C KENNETH WHITE TRUSTEE 0.00 X 0 0 0 MITCH SANFORD TRUSTEE 0.00 X 0 0 0 JAMIE CONNORS TRUSTEE 0.00 X 0 0 0 ANNA ADAMSON TRUSTEE 0.00 X 0 0 0 DAVID E PENNINGTON IV TRUSTEE 0.00 X 0 0 0 RICK HOOPER TRUSTEE 0.00 X 0 0 0 JESSE MAGANA TRUSTEE 0.00 X 0 0 0 BRYAN E MCALLISTER TRUSTEE 0.00 X 0 0 0 JOSHUA J WILSON EX-OFFICIO SECRETARY 0.00 X X 0 0 0 DAVID J ELROD EX-OFFICO TREASURER 40.00 X 0 0 0 0 0 0 0 0 0 0 0 1923466 1923466 1336450 1336450 40000 92904 -52904 -52904 -52904 6150837 5663003 487834 487834 487834 3694846 1771380 0 0 X 55722 55722 1836 1836 757 757 10524 10524 SCHOLARSHIPS & AWARDS 802691 802691 ACADEMIC PROGRAM SUPPOR 413837 413837 BUILDINGS AND GROUNDS 153175 153175 FACULTY SUPPORT 118343 118343 425857 377347 14901 33609 1982742 1865393 83740 33609 998529 1743518 179026 511628 16663 26368 4804430 715778 4116622 4088652 34628246 38102502 8178257 8782456 48117343 53255124 472953 855077 472953 855077 X 17183976 18623963 30460414 33776084 47644390 52400047 48117343 53255124 X 1712104 3050451 -6898 X 0 1 X 1 0 X 1331502 1207138 1231066 715957 1895632 6381295 1331502 1207138 1231066 715957 1895632 6381295 6381295 1384464 1101017 1038593 840855 1336450 5701379 12082674 0.52810 0.57830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30460414 1545112 3635951 802691 1062702 33776084 28189381 668736 2938145 609513 726335 30460414 29716748 1223442 -1403882 584540 762387 28189381 25176634 2583017 2807174 336628 514180 29716748 22488550 2167671 1324490 555610 248467 25176634 0.66419 0.33581 0 0 3080109 3080109 1250854 281801 969053 473467 433977 39490 4088652 ALTERNATIVE INVESTMENTS 8782456 F 8782456 X 6738399 3050451 -6898 3043553 3694846 0 3694846 1982742 0 1982742 0 1982742 PART X, LINE 2: ON APRIL 1, 2009, THE FOUNDATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX PROVISIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENT THAT WOULD RESULT IN MATERIAL ADVERSE EFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024 AND 2023. CURRENTLY, THERE ARE NO AUDITS FOR ANY TAX YEAR IN PROGRESS, AND THE FOUNDATION BELIEVES THAT IT IS NO LONGER SUBJECT TO AUDITS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN NET PRESENT VALUE OF PLEDGES RECEIVABLE FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRMAN AND EXECUTIVE COMMITTEE CHAIR IS THE FATHER OF ANOTHER TRUSTEE OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. THE AUDIT COMMITTEE IS CHARGED BY THE BOARD OF DIRECTORS WITH DETERMINING AND MONTIORING COMPLIANCE WITH ALL TAX AND FINANCIAL REPORTING REQUIREMENTS. UPON APPROVAL OF THE FORM 990, THE DIRECTOR OF INSTITUTIONAL ADVANCEMENT IS CHARGED WITH SIGNING AND FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BY SERVING, THE FOUNDATION'S TRUSTEE ARE REPRESENTING THAT THEY HAVE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE DALTON STATE COLLEGE FOUNDATION, INC. ARE AVAILABLE TO THE PUBLIC FOR DOWNLOAD ON THE ORGANIZATION'S WEBSITE. OTHER GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC FOR INSPECTION BY CONTACTING DAVID ELROD AND MAKING SUITABLE ARRANGEMENTS. FORM 990, PART IX, LINE 24E ATHLETIC PROGRAM: PROGRAM SERVICE EXPENSES 98,273. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,273. ADMINISTRATIVE PROGRAM SUPPORT: PROGRAM SERVICE EXPENSES 88,864. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,864. ADVOCACY AND PROMTIONAL ACTIVITES : PROGRAM SERVICE EXPENSES 75,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,265. CAMPUS EVENTS: PROGRAM SERVICE EXPENSES 55,237. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,237. DATABASE MAINTENANCE AND SUPPORT: PROGRAM SERVICE EXPENSES 22,280. MANAGEMENT AND GENERAL EXPENSES 2,691. FUNDRAISING EXPENSES 8,450. TOTAL EXPENSES 33,421. SALARY SUPPLEMENTS: PROGRAM SERVICE EXPENSES 19,500. MANAGEMENT AND GENERAL EXPENSES 3,278. FUNDRAISING EXPENSES 7,500. TOTAL EXPENSES 30,278. DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 16,706. MANAGEMENT AND GENERAL EXPENSES 4,324. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,030. DONOR RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 17,659. TOTAL EXPENSES 17,659. EQUIPMENT AND SUPPLIES: PROGRAM SERVICE EXPENSES 1,222. MANAGEMENT AND GENERAL EXPENSES 3,089. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,311. BANK AND CREDIT CARD PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,519. FORM 990, PART XI, LINE 9: CHANGE IN NET PRESENT VALUE OF PLEDGES RECEIVABLE -6,898.