THE HARRISON SCHOOL DISTRICT FOUNDATION INC

EIN: 742558196 501(c)(3)

Colorado Springs, CO

Total Revenue
$236,878
Total Expenses
$464,773
Total Assets
$1,018,559
Net Assets
$1,018,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
CO
Principal Officer
Randy Rocha
Phone
7196613300
Tax Period
2024-07-01 to 2025-06-30

THE HARRISON SCHOOL DISTRICT FOUNDATION INC, founded in 1988, is a small nonprofit that reported $237K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $465K exceeded revenue, resulting in a 96% operating deficit.

Mission

The Harrison School District Foundation is organized and operated exclusively for charitable and educational purposes to support students, families, educators, and programs within Harrison School District 2 and the surrounding community. The Foundation raises and distributes funds to enhance educational opportunities, provide financial assistance for student needs, support classroom innovation, fund equipment and technology, and strengthen district-wide initiatives that promote academic achievement and student success.

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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 $86,019
Program Service Revenue $0
Investment Income $100,859
Other Revenue $50,000
TOTAL REVENUE $236,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $365,119
Other Expenses $464,773
TOTAL EXPENSES $464,773

Year-over-Year Comparison

2024 2023 Change
Revenue $236,878 $159,940 +0.5%
Expenses $464,773 $112,297 +3.1%
Net Income $-227,895 $47,643 -5.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Rocha Executive Director and Treasurer 12
Director
$0 $0 $0
William Zalman Chairman 3
Director
$0 $0 $0
Clayton Whitney Director 0.25
Director
$0 $0 $0
Boyd William Director 0.25
Director
$0 $0 $0
Sevan Stryker Director 0.25
Director
$0 $0 $0
Jonathan Liebert Director 0.25
Director
$0 $0 $0
Mark Potter Director 0.25
Director
$0 $0 $0
Carlton Brooks Director 0.25
Director
$0 $0 $0
Michele Wolfe Director 0.25
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 $236,878 $464,773 $1,018,559 $-227,895
2024 $159,940 $112,297 $1,246,454 $47,643
2023 $225,550 $100,189 $1,154,813 $125,361
2022 $707,115 $27,422 $1,029,452 $679,693
2021 $203,091 $85,974 $349,934 $117,117
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