HIGHLAND COMMUNITY COLLEGE FOUNDATION

EIN: 481067637 501(c)(3) Education

HIGHLAND, KS

Total Revenue
$1,238,347
Total Expenses
$564,142
Total Assets
$7,612,234
Net Assets
$7,535,785
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
KS
Principal Officer
KEITH JALOMA
Phone
7854423236
Tax Period
2024-07-01 to 2025-06-30

HIGHLAND COMMUNITY COLLEGE FOUNDATION, founded in 1987, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $674K, a strong 54% operating margin.

Mission

THE HIGHLAND COMMUNITY COLLEGE FOUNDATION WAS ESTABLISHED IN 1987 TO ASSIST THE COLLEGE IN PERFORMING ITS MISSION; TO RECEIVE AND ADMINISTER PRIVATE GIFTS, BEQUESTS, AND DONATIONS TO BENEFIT HIGHLAND'S STUDENTS; AND TO ENHANCE THE QUALITY OF TEACHING AND LEARNING AT THE COLLEGE. GIFTS TO THE FOUNDATION SUPPORT PROGRAMS AND ACTIVITIES NOT FUNDED THROUGH PERFORMING ITS MISSION; TO RECEIVE AND ADMINISTER PRIVATE GIFTS, BEQUESTS, AND DONATIONS TO BENEFIT HIGHLAND'S STUDENTS; AND TO ENHANCE THE QUALITY OF TEACHING AND LEARNING AT THE COLLEGE. GIFTS TO THE FOUNDATION SUPPORT PROGRAMS AND ACTIVITIES NOT FUNDED THROUGH TRADITIONAL SOURCES. AT THE SAME TIME, FOUNDATION PROVIDES ASSISTANCE TO DONORS THROUGH A COMPREHENSIVE PROGRAM OF TAX-WISE GIFT ALTERNATIVES THROUGH PLANNED GIVING.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $852,904
Program Service Revenue $0
Investment Income $293,737
Other Revenue $91,706
TOTAL REVENUE $1,238,347

Expense Breakdown

Grants Paid $290,712
Salaries & Benefits $0
Fundraising Expenses $22,825
Program Expenses $290,712
Other Expenses $273,430
TOTAL EXPENSES $564,142

Year-over-Year Comparison

2024 2023 Change
Revenue $1,238,347 $532,726 +1.3%
Expenses $564,142 $528,620 +0.1%
Net Income $674,205 $4,106 +163.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENE BAUER BOARD MEMBER 1.00
Director
$0 $0 $0
TED COLLINS SECRETARY/TR 1.00
Officer Director
$0 $0 $0
PAUL CRAWFORD ALUMNI LIASO 1.00
Director
$0 $0 $0
CATHY HOLTHAUS BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH JALOMA EXECUTIVE DI 1.00
Director
$0 $0 $0
SHAWN LOYD BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN REICHLE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DAVID REIST BOARD MEMBER 1.00
Director
$0 $0 $0
TOM SMITH TRUSTEE LIAS 1.00
Director
$0 $0 $0
MARK TWOMBLY BOARD MEMBER 1.00
Director
$0 $0 $0
ED WEBB BOARD MEMBER 1.00
Director
$0 $0 $0
KIM GORMLEY WHITE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN WOZNIAK BOARD MEMBER 1.00
Director
$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 $1,238,347 $564,142 $7,612,234 $674,205
2024 $532,727 $528,619 $6,642,444 $4,108
2023 $925,274 $597,373 $6,143,937 $327,901
2020 $1,135,765 $418,455 $4,992,261 $717,310
2019 $635,688 $414,168 $4,171,407 $221,520
2018 $842,374 $733,383 $3,828,333 $108,991
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