Public Charity

Somerset Community College Foundation Inc

Based in Somerset, KY, Somerset Community College Foundation Inc operates as a Public Charity. The organization reported $380K in revenue, $284K in expenses, $1.1M in total assets for fiscal year 2025. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $75K.

EIN: 270137175 Somerset, KY Management & Technical Assistance NTEE: B02 Latest filing: 2025
Total Revenue$380K
Total Expenses$284K
Total Assets$1.1M
Grant Records2
Funding Total$75K
Filing Years2020–2025

Mission

To conduct and carry on work, not for profit, but exclusively for charitable, scientific, literary or educational purposes and to stimulate voluntary financial support for Somerset Community College.

Where $100 goes at Somerset Community College Foundation Inc

How Somerset Community College Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$4 Management running the organization
$1 Fundraising raising the next dollar

Inside the $95 for programs

$74
Scholarship program is used to provide scholarships to students who might not otherwise have the opportunity to further their education or who have exhibited characteristics and achievements in…
78% of program spending
$20
Community Workforce and Economic Development (CWED) and other academic programs is used to provide training to business and industries and continuing education programs for the community as needed
21% of program spending
$1
Other program expenses are amounts used to support Somerset Community College in a variety of general ways
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chairperson Anita Sutton
Director Cathy Epperson
Ex-Officio Charlene Harris
Executive Dir. Cindy Clouse
Director Delores Dalton
Ex-Officio Dr Carey Castle

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $380K $284K $1.1M
2024 $444K $339K $993K
2023 $329K $460K $889K
2021 $120K $210K $922K
2020 $322K $225K $1.0M

Between 2020 and 2025, reported annual revenue grew from $322K to $380K (+18%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Somerset Community College Foundation Inc

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