Casper College Foundation is located in Casper, WY. The organization was established in 1963. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Casper 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, Casper College Foundation generated $11.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $9.2m during the year ending 06/2022. While expenses have increased by 13.3% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR CASPER COMMUNITY COLLEGE DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND ASSISTANCE TO CASPER COLLEGE STUDENTS.
SUPPORT FOR SPONSORED PROGRAMS AND PLANT AT CASPER COLLEGE.
SUPPORT FOR OTHER EDUCATIONAL PROGRAMS THROUGH CASPER COLLEGE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kendall Bryce Vice President | OfficerTrustee | 1 | $0 | 
| Lynnde Colling Secretary/treasurer | OfficerTrustee | 3 | $0 | 
| Kathy Dolan Member | Trustee | 1 | $0 | 
| Tim Kugler Member | Trustee | 1 | $0 | 
| W Thomas Sullins Member | Trustee | 1 | $0 | 
| Bob Sutter Member | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,800,709 | 
| Investment income | $5,725,450 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $2,605,347 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $1,257,399 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $11,522,950 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,292,783 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $107,501 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $243,672 | 
| Pension plan accruals and contributions | $52,465 | 
| Other employee benefits | $137,021 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $29,900 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $115,780 | 
| Fees for services: Other | $16,003 | 
| Advertising and promotion | $0 | 
| Office expenses | $7,919 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $15,388 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $353,944 | 
| Insurance | $0 | 
| All other expenses | $0 | 
| Total functional expenses | $9,236,207 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $1,675,584 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $710,331 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $460,469 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Investments—publicly traded securities | $106,912,285 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $6,062,500 | 
| Total assets | $118,882,238 | 
| Accounts payable and accrued expenses | $71,773 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $28,775,984 | 
| Total liabilities | $28,847,757 | 
| Net assets without donor restrictions | $29,776,914 | 
| Net assets with donor restrictions | $60,257,567 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Total liabilities and net assets/fund balances | $90,034,481 |