FRONT RANGE COMMUNITY COLLEGE FOUNDATION

EIN: 841311148 501(c)(3) Education

WESTMINSTER, CO

Total Revenue
$2,276,403
Total Expenses
$2,027,282
Total Assets
$6,697,194
Net Assets
$6,694,391
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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
1994
Legal Domicile
CO
Principal Officer
BERYL DURAZO
Phone
3034045238
Tax Period
2024-07-01 to 2025-06-30

FRONT RANGE COMMUNITY COLLEGE FOUNDATION, founded in 1994, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.0M left a modest 11% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO ADVANCE THE MISSION OF FRONT RANGE COMMUNITY COLLEGE BY PROVIDING RESOURCES OF TIME, EXPERTISE, AND FINANCIAL SUPPORT TO AUGMENT THE STATE OF COLORADO FUNDING AND THEREBY CREATE, SUSTAIN OR STRENGTHEN CURRENT AND EMERGING CENTERS OF EDUCATIONAL EXCELLENCE FOR THE STUDENTS AND COMMUNITIES SERVED.

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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 $1,979,643
Program Service Revenue $0
Investment Income $266,037
Other Revenue $30,723
TOTAL REVENUE $2,276,403

Expense Breakdown

Grants Paid $1,925,319
Salaries & Benefits $0
Fundraising Expenses $15,257
Program Expenses $1,932,938
Other Expenses $101,963
TOTAL EXPENSES $2,027,282

Year-over-Year Comparison

2024 2023 Change
Revenue $2,276,403 $2,002,351 +0.1%
Expenses $2,027,282 $2,578,550 -0.2%
Net Income $249,121 $-576,199 -1.4%
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
297

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN THARP DIRECTOR 5.00
Director
$0 $0 $0
TERRY DYE DIRECTOR 5.00
Director
$0 $0 $0
HEIDI WILLIAMS PRESIDENT & CEO 10.00
Officer Director
$0 $0 $0
SID SIMONSON DIRECTOR 5.00
Director
$0 $0 $0
NARCISO GARIBY DIRECTOR 10.00
Director
$0 $0 $0
MICHELLE ELLISON DIRECTOR 5.00
Director
$0 $0 $0
BRANDON HILL DIRECTOR 10.00
Director
$0 $0 $0
ANN O'KEEFE DIRECTOR 5.00
Director
$0 $0 $0
ADAM INGERSOLL DIRECTOR 5.00
Director
$0 $0 $0
BERYL DURAZO EXECUTIVE DIRECTOR 40.00
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 $2,276,403 $2,027,282 $6,697,194 $249,121
2024 $2,002,351 $2,578,550 $6,236,540 $-576,199
2023 $2,831,059 $1,682,136 $6,534,703 $1,148,923
2022 $2,326,030 $2,137,806 $6,059,043 $188,224
2021 $2,063,393 $1,925,711 $5,285,555 $137,682
2020 $3,649,347 $1,608,036 $5,064,616 $2,041,311
2019 $1,891,631 $1,150,202 $2,969,966 $741,429
2018 $1,230,744 $1,029,749 $2,263,705 $200,995
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