2025-05-01T11:55:27-05:00 2024-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-07-01 521429938 PRINCE GEORGE'S COMMUNITY COLLEGE FOUNDATION INC PRIN 3015460858 301 LARGO ROAD A312 LARGO MD 20774 DENA L WILSON EXECUTIVE DIRECTOR 3015460858 2025-04-29 1 0 MONIQUE BOOKER P00644231 4105842218 2023 2025-03-06 01:10:19Z DENA L WILSON 301 LARGO ROAD A312 LARGO MD 20774 2273838 0 X WWW.PGCC.EDU/ALUMNI/PGCFOUNDATION.ASPX X 1986 MD SUPPORTING EDUCATION PROGRAMS, FACILITIES & OPPORTUNITIES AT PRINCE GEORGE'S CC. 25 25 0 5 0 0 1581006 1654868 0 0 -430173 454797 67491 70769 1218324 2180434 1557604 1163284 0 0 0 0 0 0 0 278327 1004260 1835931 2167544 -617607 12890 11631443 13261994 380721 1567145 11250722 11694849 THE PRINCE GEORGE'S COMMUNITY COLLEGE FOUNDATION, INC. LEADS A COMPREHENSIVE ADVANCEMENT EFFORT TO DEVELOP RESOURCES TO FURTHER EDUCATIONAL PROGRAMS, FACILITIES AND OPPORTUNITIES THAT ADVANCE THE MISSION, VISION AND GOALS OF PRINCE GEORGE'S COMMUNITY COLLEGE. 0 0 1163284 1163284 PROVIDED FINANCIAL ASSISTANCE TO PRINCE GEORGE'S COMMUNITY COLLEGE TO SUPPORT COLLEGE PROGRAMS AND INITIATIVES AND FUND ACADEMIC SCHOLARSHIPS GRANTED BY THE COLLEGE TO 173 RECIPIENTS SELECTED BY THE COLLEGE. 1163284 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 MD X DENA L WILSON 3015460858 301 LARGO ROAD A312 LARGO MD 20774 X MONTEZ ANDERSON CHAIR 1.00 X X 0 0 0 JEFF MCFARLAND VICE CHAIR 1.00 X X 0 0 0 DENA L WILSON EXECUTIVE DIRECTOR 1.00 X X 0 0 0 ROBERT GRANDFIELD TREASURER 1.00 X X 0 0 0 TIMOTHY J ADAMS DIRECTOR 1.00 X 0 0 0 TERRI BACOTE-CHARLES DIRECTOR 1.00 X 0 0 0 DAMINIQUE BRANCH DIRECTOR 1.00 X 0 0 0 JEFFREY JEFF FRANKLIN DIRECTOR 1.00 X 0 0 0 CHERYL PETTY GARNETTE DIRECTOR 1.00 X 0 0 0 MARITHA GAY DIRECTOR 1.00 X 0 0 0 DR CARLISE HARRIS DIRECTOR 1.00 X 0 0 0 ANDREA HARRISON DIRECTOR 1.00 X 0 0 0 TINA LONG DIRECTOR 1.00 X 0 0 0 ANGELA MCCULLOUGH DIRECTOR 1.00 X 0 0 0 LORI F MORRIS DIRECTOR 1.00 X 0 0 0 JEREMY NEWKIRK DIRECTOR 1.00 X 0 0 0 LISSA ROSS DIRECTOR 1.00 X 0 0 0 RICHARD SOCKOL DIRECTOR 1.00 X 0 0 0 DESTINY-SIMONE RAMJOHN DIRECTOR 1.00 X 0 0 0 DAWN WHITE DIRECTOR 1.00 X 0 0 0 JULIUS TERRELL DIRECTOR 1.00 X 0 0 0 DR SHELIA WHITEMAN DIRECTOR 1.00 X 0 0 0 ARDANIA WILLIAMS DIRECTOR 1.00 X 0 0 0 DR FALECIA D WILLIAMS DIRECTOR 1.00 X 0 0 0 VERNADA WILLIAMS DIRECTOR 1.00 X 0 0 0 CAROLINE MASIKONDE DIRECTOR 1.00 X 0 0 0 EDWARD MAZIQUE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 GLOBAL STRATEGIES LLC 14280 BALTIMORE AVE 1130 LAUREL MD 20707 ACCOUNTING SERVICES 101654 1 50 155 1654663 202207 1654868 310244 310244 187174 42621 144553 144553 144553 121552 155 50783 70769 70769 2180434 0 0 525566 618902 618902 544382 544382 101654 101654 8532 8532 584 584 7280 7280 8658 8658 2992 2992 BAD DEBT EXPENSE 871831 871831 OTHER 2729 2729 2167544 1163284 1004260 0 2790172 1714926 1395464 831183 15722 32549 7410085 9661192 20000 1022144 11631443 13261994 22898 1366240 357823 200905 380721 1567145 X -220800 77845 11471522 11617004 11250722 11694849 11631443 13261994 12890 431237 0 X 0 1 X 1 0 X 1463907 2005395 2491594 1581006 1654868 9196770 1463907 2005395 2491594 1581006 1654868 9196770 9196770 193555 116425 120296 239328 310244 979848 10176618 0.90370 0.91360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6518729 19400 797555 191522 7144162 5695247 187066 561625 -74791 6518729 6451846 38156 -656738 138017 5695247 5076337 450000 1137691 97364 6566664 0 0 0 DUE FROM PGCC 1022144 1022144 DUE TO PRINCE GEORGE'S CC 200905 200905 X 2813878 431237 202207 633444 2180434 0 2180434 2369751 202207 202207 2167544 0 2167544 PART X, LINE 2: PRINCE GEORGE'S COMMUNITY COLLEGE AND FOUNDATION ARE NOT-FOR-PROFIT ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICES. BCPIF AND CDE ARE LIMITED LIABILITY CORPORATIONS AND PASS THROUGH ENTITIES FOR INCOME TAX PURPOSES AND THUS THESE ENTITIES DO NOT PAY INCOME TAXES BUT INSTEAD THEIR PROFITS ARE PASSED THROUGH TO ITS OWNERS TO BE TAXED. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR, WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2024, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2021 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CENTER FILES TAX RETURNS. IT IS THE CENTER'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. EVENT 1 121707 155 121552 973 45384 4426 121707 155 121552 973 45384 4426 50783 70769 0 PRINCE GEORGE'S COMMUNITY COLLEGE 301 LARGO ROAD LARGO MD 20774 237011243 618902 0 EDUCATIONAL SCHOLARSHIPS 544382 X DONATED SERVICES 0 201234 X GIFT CARDS 0 793 X WEDGE AND TWO BOTTLES OF WINE 0 180 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, BOARD OF DIRECTORS AND THE PERSON FROM THE COLLEGE WHO IS RESPONSIBLE FOR THE ACCOUNTING RECORDS OF THE FOUNDATION. ONCE THE ORGANIZATION HAS COMPLETED ITS REVIEW AND GIVEN ITS APPROVAL OF THE RETURN, THE OUTSIDE ACCOUNTANTS ARE NOTIFIED TO SEND A FINAL COPY FOR SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BEFORE A MEMBER, OR VOLUNTEER COMMITTEE MEMBER BEGINS HIS OR HER SERVICES WITH THE FOUNDATION, HE OR SHE SHALL FILE WITH THE EXECUTIVE DIRECTOR OF THE FOUNDATION A LIST OF HIS OR HER PRINCIPAL BUSINESS ACTIVITIES, AS WELL AS INVOLVEMENT WITH OTHER CHARITABLE AND BUSINESS ORGANIZATIONS, VENDORS, OR BUSINESS INTERESTS, OR WITH ANY OTHER ASSOCIATIONS THAT MIGHT PRODUCE A CONFLICT OF INTEREST. WHEN THE BOARD, COMMITTEE, OR STAFF IS TO DECIDE UPON AN ISSUE ABOUT WHICH A MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT MEMBER SHALL PHYSICALLY ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION, UNLESS DIRECTLY REQUESTED BY THE CHAIRMAN OF THE BOARD OR RELEVANT COMMITTEE TO PROVIDE FACTUAL INFORMATION OR ANSWER FACTUAL QUESTIONS THAT MAY ASSIST THE BOARD OR COMMITTEE IN MAKING A WISE DECISION. IN NO CASE SHALL THAT MEMBER VOTE ON SUCH MATTER OR ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION. DISCLOSURE AND ABSTENTION SHALL BE RECORDED IN THE MINUTES OF THE MEETING AT WHICH THE ISSUE IS DISCUSSED AND DECIDED. THE CHAIR OF THE BOARD SHALL BE RESPONSIBLE FOR THE APPLICATION AND INTERPRETATION OF CONFLICTS OF INTEREST AS THEY RELATE TO MEMBERS, VOLUNTEER COMMITTEE MEMBERS, OR THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SHALL BE RESPONSIBLE FOR THE APPLICATION AND INTERPRETATION OF THE ABOVE POLICIES AS THEY RELATE TO MEMBERS OF THE FOUNDATION'S STAFF. EACH MEMBER MUST RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY PRIOR TO BEING VOTED ONTO THE BOARD. THE EXECUTIVE DIRECTOR MUST RETAIN A SIGNED COPY OF THE CONFLICT OF INTERST POLICY FOR EACH BOARD MEMBER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR THOSE THAT REQUEST EITHER IN PERSON OR WRITTEN.