James A Rhodes State College Foundation

Organization Overview

James A Rhodes State College Foundation is located in Lima, OH. The organization was established in 1979. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James A Rhodes State College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, James A Rhodes State College Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 51.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO GENERATE COMMUNITY AND FINANCIAL SUPPORT FOR RHODES STATE COLLEGE. THIS SUPPORT IS DERIVED FROM THE PUBLIC AND PRIVATE SECTORS TO ASSIST THE COLLEGE IN ITS MISSION TO SERVE THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENT SCHOLARSHIPS WERE AWARDED AND ACADEMIC PROGRAMS FUNDED THROUGH GRANTS TO RHODES STATE COLLEGE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,829,229
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,829,229
Total Program Service Revenue$0
Investment income -$596,506
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,232,723

Grants Recieved

Over the last fiscal year, we have identified 5 grants that James A Rhodes State College Foundation has recieved totaling $171,389.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$100,000
George B Quatman Foundation

Cincinnati, OH

PURPOSE: CAPITAL FUNDS

$31,000
Bon Secours Mercy Health Inc

Cincinnati, OH

PURPOSE: Mission Support

$20,000
Lima Memorial Joint Operating Company

Lima, OH

PURPOSE: COMMUNITY DEVELOPMENT/HEALTH AND WELLNESS

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$389
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,467,473
Net Contributions$331,894
Ending Balance$2,799,367

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