ROCK VALLEY COLLEGE FOUNDATION (EIN 363037232) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

BRITTANY FREIBERG

Phone

8159214505

Tax Period

2023-07-01 to 2024-06-30

ROCK VALLEY COLLEGE FOUNDATION, founded in 1979, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE ROCK VALLEY COLLEGE FOUNDATION PROVIDES SUPPORT TO ROCK VALLEY COLLEGE AND ITS STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,165,159

Program Service Revenue $0

Investment Income $-56,821

Other Revenue $0

TOTAL REVENUE $1,108,338

Expense Breakdown

Grants Paid $814,871

Salaries & Benefits $382,135

Fundraising Expenses $136,562

Program Expenses $867,881

Other Expenses $195,202

TOTAL EXPENSES $1,392,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,108,338	$2,025,850	-0.5%
Expenses	$1,392,208	$1,127,231	+0.2%
Net Income	$-283,870	$898,619	-1.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT W SENSTROM	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN WOLF	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRENT BERNARDI	SECRETARY	2.00	Officer Director	$0	$0	$0
BRIDGETT COLEMAN	MEMBER	2.00	Director	$0	$0	$0
STEVEN GUNDERSON DO	MEMBER	2.00	Director	$0	$0	$0
JAMES PIRAGES	MEMBER	2.00	Director	$0	$0	$0
BRENT BRODESKI	MEMBER	2.00	Director	$0	$0	$0
JADEDIAH CANTREL	MEMBER	2.00	Director	$0	$0	$0
LESLY COUPER	MEMBER	2.00	Director	$0	$0	$0
JAMIE FANARA	MEMBER	2.00	Director	$0	$0	$0
IRA GRIMMETT	MEMBER	2.00	Director	$0	$0	$0
BARRY KRAMER	MEMBER	2.00	Director	$0	$0	$0
TAD OLSON	MEMBER	2.00	Director	$0	$0	$0
JAMES WADDELL	MEMBER	2.00	Director	$0	$0	$0
BRITTANY FREIBERG	CHIEF DEVELOPMENT OFFICER	40.00	Officer	$0	$0	$0
ELLEN OLSON	TREASURER/CFO	2.00	Officer	$0	$0	$0
SARAH SHUMWAY	ASSISTANT TREASURER	14.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,108,338	$1,392,208	$20,495,112	$-283,870
2023	$2,025,850	$1,127,231	$17,892,333	$898,619
2022	$2,227,378	$972,284	$15,832,349	$1,255,094
2021	$1,951,334	$1,023,508	$16,706,964	$927,826
2020	$1,366,236	$1,243,976	$14,985,729	$122,260
2019	$1,298,680	$1,073,104	$14,795,295	$225,576
2018	$2,016,108	$3,159,897	$14,164,096	$-1,143,789

ROCK VALLEY COLLEGE FOUNDATION