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)

4 risk indicators measuring financial stability and operational resilience

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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 exists to strengthen educational opportunities for students in Harrison School District 2 and the surrounding community. We raise and steward resources to support innovative classroom programs, student enrichment activities, essential equipment and technology, and assistance for students and families facing financial hardship. By partnering with educators, families, community leaders, and local businesses, the Foundation works to remove barriers to learning, enhance academic achievement, and ensure every student has access to the tools and support needed to succeed.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $86,019

During the 2024 fiscal year, the organization secured $86,019 in charitable contributions, providing critical support for student enrichment, classroom resources, and innovative educational...

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During the 2024 fiscal year, the organization secured $86,019 in charitable contributions, providing critical support for student enrichment, classroom resources, and innovative educational initiatives that strengthen academic opportunities and student success across Harrison School District 2.

Program 2
Expenses: $365,119 Revenue: $0

Support student, families, staff, programs, equipment for District 2 and surrounding area

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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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