District 17 Community Colleges Foundation
- Assets
- $33.2m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 05/1973
- Data as of
- 06/2022
- EIN
- 91-0886962
Organization Overview
District 17 Community Colleges Foundation is located in Spokane, WA. The organization was established in 1973. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. District 17 Community Colleges 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, District 17 Community Colleges Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. 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
THE COMMUNITY COLLEGES OF SPOKANE FOUNDATION RAISES MONEY FOR CCS STUDENTS AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS TO VARIOUS DEPARTMENTS AND ACTIVITIES OF DISTRICT 17 COMMUNITY COLLEGES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Cummings Treasurer | OfficerTrustee | 1 | $0 |
Gordon Hester President | OfficerTrustee | 1 | $0 |
Todd Woodard Past President | OfficerTrustee | 1 | $0 |
Kathy Pearson Vice President | OfficerTrustee | 1 | $0 |
Jim Allen Secretary | OfficerTrustee | 1 | $0 |
Heather Beebe-Stevens Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,035 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,767,627 |
| Noncash contributions included in lines 1a–1f | $669,908 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,784,662 |
| Total Program Service Revenue | $147,798 |
| Investment income | $797,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $318,189 |
| Net Gain/Loss on Asset Sales | $309,156 |
| Net Income from Fundraising Events | -$36,163 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,322,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $730,865 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,882 |
| Compensation of current officers, directors, key employees. | $113,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $148,919 |
| Fees for services: Legal | $2,418 |
| Fees for services: Accounting | $15,829 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,615 |
| Fees for services: Other | $15,132 |
| Advertising and promotion | $9,873 |
| Office expenses | $25,464 |
| Information technology | $45,405 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,122 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,620 |
| All other expenses | $1,989 |
| Total functional expenses | $1,582,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $887,027 |
| Savings and temporary cash investments | $17,507 |
| Pledges and grants receivable | $328,202 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,783 |
| Net Land, buildings, and equipment | $8,191,912 |
| Investments—publicly traded securities | $23,695,922 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,771 |
| Total assets | $33,198,124 |
| Accounts payable and accrued expenses | $203,271 |
| Grants payable | $0 |
| Deferred revenue | $32,807 |
| 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 | $4,277,969 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,179,056 |
| Total liabilities | $6,693,103 |
| Net assets without donor restrictions | $8,220,759 |
| Net assets with donor restrictions | $18,284,262 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,198,124 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that District 17 Community Colleges Foundation has recieved totaling $6,150.
| Awarding Organization | Amount |
|---|---|
Family Learning Organization Of Mead, WA PURPOSE: Provided scholarships for homeschooled students. | $6,150 |
Endowment Analysis
| Beg. Balance | $14,130,412 |
| Earnings | -$1,176,092 |
| Admin Expense | $173,519 |
| Net Contributions | $965,235 |
| Grants | $410,538 |
| Ending Balance | $13,335,498 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ilisagvik College Barrow, AK | $34,187,549 | $21,867,798 |
Highline College Foundation Des Moines, WA | $8,034,941 | $3,335,719 |
Mukogawa Fort Wright Institute Spokane, WA | $14,184,098 | $2,781,309 |
Lane Community College Foundation Eugene, OR | $21,564,945 | $4,092,678 |
South Puget Sound Community College Foundation Olympia, WA | $16,405,251 | $11,563,000 |
Clackamas Community College Foundation Oregon City, OR | $28,032,212 | $4,829,424 |
District 17 Community Colleges Foundation Spokane, WA | $33,198,124 | $3,322,447 |
Everett Community College Foundation Everett, WA | $7,096,357 | $1,978,153 |
Walla Walla Community College Foundation Walla Walla, WA | $26,263,368 | $2,469,058 |
Chemeketa Community College Foundation Salem, OR | $8,435,146 | $1,337,915 |
Tacoma Community College Foundation Tacoma, WA | $9,516,618 | $2,238,933 |
South Seattle Community College Foundation Seattle, WA | $25,867,934 | $1,580,679 |