PASCO-HERNANDO STATE COLLEGE FOUND… - Form 990 Financial Data

🔒

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

1975

Legal Domicile

Principal Officer

Lisa Richardson EdD

Phone

7278163429

Tax Period

2024-01-01 to 2024-12-31

PASCO-HERNANDO STATE COLLEGE FOUNDATION INC, founded in 1975, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $665K, a strong 21% operating margin.

Mission

FOR THE ORGANIZATIONS MISSION STATEMENT.

Program Service Accomplishments

Program 1

Expenses: $1,924,150 Revenue: $3,106,594

The PHSC Foundation is a direct-support organization for Pasco-Hernando State College, and provides strategic support and funding for scholarships, salaries, library resources, faculty and staff...

The PHSC Foundation is a direct-support organization for Pasco-Hernando State College, and provides strategic support and funding for scholarships, salaries, library resources, faculty and staff development, construction and renovation, student recruitment and outreach, academic programs, technology, and other College needs as deemed appropriate by the Board of Directors.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $905,225

Program Service Revenue $0

Investment Income $2,190,970

Other Revenue $10,399

TOTAL REVENUE $3,106,594

Expense Breakdown

Grants Paid $1,924,150

Salaries & Benefits $75,802

Fundraising Expenses $54,328

Program Expenses $1,924,150

Other Expenses $441,816

TOTAL EXPENSES $2,441,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,106,594	$4,274,669	-0.3%
Expenses	$2,441,768	$2,765,574	-0.1%
Net Income	$664,826	$1,509,095	-0.6%

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

$89,038

Total Directors

$194,419

Key Employees

$473,226

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara-Jo Bell JD	Chair	2.00	Officer Director	$0	$0	$0
Brandon May	Vice-Chair	1.00	Officer Director	$0	$0	$0
George Miller	Treasurer	1.00	Officer Director	$0	$0	$0
Daniel Powell	Secretary	40.00	Officer Director	$0	$0	$89,038
Andy Taylor	Board Member	1.00	Director	$0	$0	$0
Nicole Newlon	Board Memeber	1.00	Director	$0	$0	$0
R Seth Mann Esq	Board Member	1.00	Director	$0	$0	$0
Dr Leanne Salazar	Board Member	1.00	Director	$0	$0	$0
Monica Mills	Board Member	1.00	Director	$0	$0	$0
Kerra Kuzmick	Board Member	1.00	Director	$0	$0	$0
John Dougherty	Board Member	1.00	Director	$0	$0	$0
Shonda Wilson	Board Member	1.00	Director	$0	$0	$0
Dr Misty Price	Board Member	40.00	Director	$0	$0	$105,381
Kenneth R Burdzinski	Board Member	1.00	Director	$0	$0	$0
Charles Spinner	Board Member	1.00	Director	$0	$0	$0
George Angeliadis	Board Member	1.00	Director	$0	$0	$0
Ben Cooper	Board Member	1.00	Director	$0	$0	$0
Ryan Doddridge	Board Member	1.00	Director	$0	$0	$0
Pam Wilfong	Board Member	1.00	Director	$0	$0	$0
Bill Cronin	Board Member	1.00	Director	$0	$0	$0
Ronald May	Board Member	1.00	Director	$0	$0	$0
Lisa Richardson EdD	Vice President of Advancement	40.00	Key Emp	$0	$0	$169,887
Jesse Pisors EdD	College President	40.00	Key Emp	$0	$0	$303,339

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	$3,106,594	$2,441,768	$74,475,743	$664,826
2023	$4,274,669	$2,765,574	$69,638,992	$1,509,095
2022	$3,032,296	$12,702,816	$64,354,665	$-9,670,520
2022	$2,590,627	$2,976,886	$64,354,665	$-386,259
2021	$7,853,818	$3,140,950	$74,786,934	$4,712,868
2021	$11,550,855	$3,553,627	$74,786,934	$7,997,228
2020	$9,272,422	$2,652,794	$66,397,624	$6,619,628
2019	$10,626,705	$2,839,757	$59,834,209	$7,786,948
2018	$2,392,297	$2,501,685	$51,887,211	$-109,388

PASCO-HERNANDO STATE COLLEGE FOUNDATION INC