RED ROCKS COMMUNITY COLLEGE FOUNDATION

EIN: 841139105 501(c)(3)

LAKEWOOD, CO

Total Revenue
$1,714,356
Total Expenses
$1,301,673
Total Assets
$11,690,450
Net Assets
$11,564,072
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CO
Principal Officer
JANE MARSH
Phone
3039146303
Tax Period
2024-07-01 to 2025-06-30

RED ROCKS COMMUNITY COLLEGE FOUNDATION, founded in 1991, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $413K, a strong 24% operating margin.

Mission

THE FOUNDATION'S MISSION IS SUPPORT RED ROCKS COMMUNITY COLLEGE IN ITS COMMITMENT TO STUDENTS, LEARNING AND EXCELLENCE.

Program Service Accomplishments

Program 1
Expenses: $564,280

THE PRIMARY PROGRAM SERVICE FOR THE RED ROCKS COMMUNITY COLLEGE FOUNDATION IS PROVIDING SCHOLARSHIP ASSISTANCE TO DESERVING STUDENTS, AS THE SINGLE LARGEST BARRIER FOR STUDENTS PURSUING HIGHER...

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THE PRIMARY PROGRAM SERVICE FOR THE RED ROCKS COMMUNITY COLLEGE FOUNDATION IS PROVIDING SCHOLARSHIP ASSISTANCE TO DESERVING STUDENTS, AS THE SINGLE LARGEST BARRIER FOR STUDENTS PURSUING HIGHER EDUCATION IS A LACK OF FINANCIAL RESOURCES. FOR THE 2024-25 ACADEMIC YEAR, 322 STUDENTS RECEIVED SCHOLARSHIPS THROUGH PRIVATE DONATIONS GIVEN TO THE FOUNDATION.

Program 2
Expenses: $23,095

ANOTHER PRIMARY PROGRAM SERVICE FOR THE RED ROCKS COMMUNITY COLLEGE FOUNDATION IS THE TEACHING CHAIR PROGRAM, WHICH RECOGNIZES AND REWARDS EXCELLENCE IN THE CLASSROOM. THE TEACHING CHAIR PROGRAM IS...

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ANOTHER PRIMARY PROGRAM SERVICE FOR THE RED ROCKS COMMUNITY COLLEGE FOUNDATION IS THE TEACHING CHAIR PROGRAM, WHICH RECOGNIZES AND REWARDS EXCELLENCE IN THE CLASSROOM. THE TEACHING CHAIR PROGRAM IS COMPETITIVE, REQUIRING SUBMISSION OF A TEACHING PORTFOLIO AND UP TO TWO TEACHING PRESENTATIONS - ONE TO THE INTERNAL FACULTY TEACHING CHAIR COMMITTEE FOR THOSE WHO ARE SELECTED FROM PORTFOLIO REVIEW. THE SECOND DEMONSTRATION IS FOR FINALISTS WHO PRESENT TO THE FOUNDATION BOARD COMMITTEE. FOR THE 2024-2025 ACADEMIC YEAR, TWO TEACHING CHAIRS WERE SOMEWHERE IN THE THREE-YEAR AWARD PROCESS AND TWO FINALISTS WERE AWARDED A SMALLER PROFESSIONAL DEVELOPMENT STIPEND. EACH FULL AWARD IS FOR $22,500; $5,000 PER YEAR IN SALARY ENHANCEMENT AND $2,500 PER YEAR FOR PROFESSIONAL DEVELOPMENT, RUNNER UP AWARDS ARE $2,500.

Program 3
Expenses: $638,543

PROGRAM SUPPORT PROVIDES FUNDING TO VARIOUS RED ROCKS COMMUNITY COLLEGE PROGRAMS. PROGRAMS RECEIVE DESIGNATED SUPPORT FROM PRIVATE DONATIONS TO PROVIDE EQUIPMENT OR PROJECT SUPPORT THAT WILL BENEFIT...

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PROGRAM SUPPORT PROVIDES FUNDING TO VARIOUS RED ROCKS COMMUNITY COLLEGE PROGRAMS. PROGRAMS RECEIVE DESIGNATED SUPPORT FROM PRIVATE DONATIONS TO PROVIDE EQUIPMENT OR PROJECT SUPPORT THAT WILL BENEFIT THE COLLEGE AND COMMUNITY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,310,241
Program Service Revenue $0
Investment Income $404,115
Other Revenue $0
TOTAL REVENUE $1,714,356

Expense Breakdown

Grants Paid $1,209,283
Salaries & Benefits $0
Fundraising Expenses $24,730
Program Expenses $1,225,918
Other Expenses $92,390
TOTAL EXPENSES $1,301,673

Year-over-Year Comparison

2024 2023 Change
Revenue $1,714,356 $2,061,657 -0.2%
Expenses $1,301,673 $1,380,147 -0.1%
Net Income $412,683 $681,510 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
81

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICIA DISANTIS DIRECTOR 1.50
Director
$0 $0 $0
DAN LEACH DIRECTOR 2.00
Director
$0 $0 $0
DENISE WADDELL DIRECTOR 2.50
Director
$0 $0 $0
DORIS STIPECH DIRECTOR 2.50
Director
$0 $0 $0
DR AGNETA ALBINSSON DIRECTOR 2.50
Director
$0 $0 $0
DR JOHN TREFNY PAST PRESIDENT 2.75
Director
$0 $0 $0
JOHN G BRANT DIRECTOR 1.50
Director
$0 $0 $0
JOHN SULLIVAN DIRECTOR 1.75
Director
$0 $0 $0
KIM CARVER DIRECTOR 2.50
Director
$0 $0 $0
MICHAEL COUGHLIN DIRECTOR 0.75
Director
$0 $0 $0
MICHAEL KOSAKOWSKI DIRECTOR 2.50
Director
$0 $0 $0
SHIRLEEN TUCKER DIRECTOR 1.00
Director
$0 $0 $0
TOM MENK DIRECTOR 1.50
Director
$0 $0 $0
WILLIAM CONRAD DIRECTOR 1.75
Director
$0 $0 $0
LATRICE BREWSTER DIRECTOR 1.75
Director
$0 $0 $0
PAUL BUSTOS DIRECTOR 1.50
Director
$0 $0 $0
JILL FELLMAN DIRECTOR 1.50
Director
$0 $0 $0
CLARENCE LOW VICE PRESIDENT 2.50
Officer
$0 $0 $0
DR LANDON PIRIUS SECRETARY (APRIL 2024 - PR 2.75
Officer
$0 $0 $0
MICHELLE FOURNIER JOHNSON PRESIDENT 1.75
Officer
$0 $0 $0
ROBERT GAIR TREASURER 2.50
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 $1,714,356 $1,301,673 $11,690,450 $412,683
2024 $2,061,657 $1,380,147 $10,214,412 $681,510
2023 $1,684,986 $1,270,531 $9,311,551 $414,455
2022 $2,338,507 $1,887,457 $8,446,483 $451,050
2021 $2,309,106 $1,597,503 $8,768,679 $711,603
2020 $1,770,563 $1,727,754 $6,554,568 $42,809
2019 $1,407,381 $1,190,536 $6,877,121 $216,845
2018 $1,104,641 $1,145,581 $6,616,545 $-40,940
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