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Nonprofit · EIN 59-2865698

NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC

Tax-exempt · NICEVILLE, FL 32578

Financials

$6.9M$3.2M2023$7.7M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,713,435$3,436,990$4,276,445$74,708,079$26,403$74,681,676
June 30, 2024990$6,905,568$3,214,084$3,691,484$69,155,754$6,120$69,149,634
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,425,983
Membership dues
$91,025
Program service revenue
$3,500
Investment income
$6,256,137
Net gain from sales of assets
$4,463,863
Net income from fundraising events
$27,815
Other revenue
$27,815

Expenses

Grants and similar amounts paid
$2,699,646
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,000
Travel
$1,128
Program services (functional)
$3,009,535
Management and general (functional)
$427,455

Balance sheet and other

Total assets, start of year
$69,155,754
Total assets, end of year
$74,708,079
Total liabilities, end of year
$26,403
Net assets, end of year
$74,681,676
Land, buildings and equipment
$12,830
Publicly traded securities
$74,203,732
Net assets without donor restrictions
$1,839,737
Net assets with donor restrictions
$72,841,939
Gross receipts
$20,789,675
Employees
0
Volunteers
25
Year formed
1988
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHRIS STOWERSEXECUTIVE DIRECTOR / SECRETARY
Trustee or director, Officer
4$0$103,315$34,123
CINDY FRAKESCHAIR
Trustee or director, Officer
1$0$0$0
STEVE RHODESVICE CHAIR
Trustee or director, Officer
1$0$0$0
TERESA HALVERONTREASURER
Trustee or director, Officer
1$0$0$0
JONATHAN OCHSPAST CHAIR
Trustee or director, Officer
1$0$0$0
MEL PONDERCOLLEGE PRESIDENT
Trustee or director
1$0$0$0
DONALD LITKETRUSTEE LIAISON
Trustee or director
1$0$0$0
CHRISTIE AUSTINDIRECTOR
Trustee or director
1$0$0$0
JAMES BAGBYDIRECTOR
Trustee or director
1$0$0$0
TIM BOLDUCDIRECTOR
Trustee or director
1$0$0$0
GUY BOURNDIRECTOR
Trustee or director
1$0$0$0
MATTHEW CARRDIRECTOR
Trustee or director
1$0$0$0
DESTIN COBBDIRECTOR
Trustee or director
1$0$0$0
WENDY MCADAMS DORRDIRECTOR
Trustee or director
1$0$0$0
AMANDA GRANDYDIRECTOR
Trustee or director
1$0$0$0
12 more people on this return
NameTitleHours / weekCompensation
TODD GRISOFFDIRECTOR
Trustee or director
1$0
FRAN HENDRICKSDIRECTOR
Trustee or director
1$0
FRED KETCHEMDIRECTOR
Trustee or director
1$0
VINCENT MAYFIELDDIRECTOR
Trustee or director
1$0
TIM MCCOOLDIRECTOR
Trustee or director
1$0
SHARON MCKENZIEDIRECTOR
Trustee or director
1$0
ERIC NAVARREDIRECTOR
Trustee or director
1$0
DOLORES NOECHELDIRECTOR
Trustee or director
1$0
BRIAN PENNINGTONDIRECTOR
Trustee or director
1$0
STANLEY SIEFKEDIRECTOR
Trustee or director
1$0
NEKO STUBBLEFIELDDIRECTOR
Trustee or director
1$0
CECIL WILLIAMSDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHRIS STOWERSEXECUTIVE DIRECTOR
Officer
40$0$95,472$30,610
ALAN M WOODCHAIR
Trustee or director, Officer
1$0$0$0
JONATHAN OCHSVICE CHAIR
Trustee or director, Officer
1$0$0$0
CINDY FRAKESTREASURER
Trustee or director, Officer
1$0$0$0
BO ARNOLDPAST CHAIR
Trustee or director, Officer
1$0$0$0
DONALD LITKETRUSTEE LIAISON
Trustee or director, Officer
1$0$0$0
CHRISTIE AUSTINDIRECTOR
Trustee or director
1$0$0$0
JAMES BAGBYDIRECTOR
Trustee or director
1$0$0$0
DESTIN COBBDIRECTOR
Trustee or director
1$0$0$0
TODD GRISOFFDIRECTOR
Trustee or director
1$0$0$0
TERESA HALVERSONDIRECTOR
Trustee or director
1$0$0$0
FRAN HENDRICKSDIRECTOR
Trustee or director
1$0$0$0
TYLER JARVISDIRECTOR
Trustee or director
1$0$0$0
BERNARD JOHNSONDIRECTOR
Trustee or director
1$0$0$0
HEATHER KILBEYDIRECTOR
Trustee or director
1$0$0$0
GORDON KINGDIRECTOR
Trustee or director
1$0$0$0
VINCENT MAYFIELDDIRECTOR
Trustee or director
1$0$0$0
WENDY MCADAMS DORRDIRECTOR
Trustee or director
1$0$0$0
TIM MCCOOLDIRECTOR
Trustee or director
1$0$0$0
ZACH MCCLUSKEYDIRECTOR
Trustee or director
1$0$0$0
BRIAN PENNINGTONDIRECTOR
Trustee or director
1$0$0$0
STEPHEN ROHDESDIRECTOR
Trustee or director
1$0$0$0
HUBERT ROSSDIRECTOR
Trustee or director
1$0$0$0
STANLEY SIEFKEDIRECTOR
Trustee or director
1$0$0$0
NEKO STUBBLEFIELDDIRECTOR
Trustee or director
1$0$0$0
CECIL WILLIAMSDIRECTOR
Trustee or director
1$0$0$0
DEVIN STEPHENSONCOLLEGE PRESIDENT
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
100 COLLEGE BLVD E, NICEVILLE, FL 32578-1347
Principal officer (990 for 2024)
CHRIS STOWERS, 100 COLLEGE BLVD E, NICEVILLE, FL 325781347
Signed the 990
CHRIS STOWERS, EXECUTIVE DIRECTOR
Phone
(850) 729-5357
Return prepared by
MAULDIN & JENKINS LLC

Mission

THE NORTHWEST FLORIDA STATE COLLEGE FOUNDATION UTILIZES YOUR GIFTS TO SUPPORT THE COLLEGE, ENHANCE OUR COMMUNITY AND IMPROVE STUDENTS' LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • ALL ACTIVITIES OF THE FOUNDATION ARE FOR THE BENEFIT OF NORTHWEST FLORIDA STATE COLLEGE PROGRAMS AND STUDENTS.
    Expenses $3,009,535 · grants $2,699,646 · revenue $3,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-2865698
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$74,708,079
Income (IRS master file)
$20,789,675

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,713,435$3,436,990$74,708,079XML
990June 2024$6,905,568$3,214,084$69,155,754IRS
990June 2023$4,377,130$3,560,797$61,359,589IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2865698).

Questions about NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC

What is the EIN of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC?
The employer identification number (EIN) of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC is 59-2865698.
Is NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CHRIS STOWERS.
Who are the officers and directors of NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 27 people; 0 received compensation from the organization.
How much revenue does NORTHWEST FLORIDA STATE COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,713,435, expenses of $3,436,990 and total assets of $74,708,079 at year end.

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