SPOKANE COLLEGES FOUNDATION (EIN 910886962) - Form 990 Financial Analysis & Trantor Score

🔒

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

1972

Legal Domicile

Principal Officer

HEATHER BEEBE-STEVENS

Phone

5094345208

Tax Period

2024-07-01 to 2025-06-30

SPOKANE COLLEGES FOUNDATION, founded in 1972, is a community nonprofit in the Education sector that reported $9.8M in total revenue in fiscal year 2024. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.5M, a strong 77% operating margin.

Mission

THE COMMUNITY COLLEGES OF SPOKANE FOUNDATION RAISES FUNDS TO SUPPORT STUDENT ACCESS AND EDUCATIONAL EXCELLENCE AT COMMUNITY COLLEGES OF SPOKANE.

🔒

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 $1,307,081

Program Service Revenue $2

Investment Income $7,096,766

Other Revenue $1,373,430

TOTAL REVENUE $9,777,279

Expense Breakdown

Grants Paid $1,234,107

Salaries & Benefits $707,326

Fundraising Expenses $389,410

Program Expenses $1,234,107

Other Expenses $309,465

TOTAL EXPENSES $2,250,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,777,279	$4,141,342	+1.4%
Expenses	$2,250,898	$2,018,833	+0.1%
Net Income	$7,526,381	$2,122,509	+2.5%

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

$148,717

Total Directors

$493,388

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID KELLER	DIRECTOR	1.00	Director	$0	$37,660	$170,519
LESLIE JAYE HOPKINS	DIRECTOR	1.00	Director	$0	$31,567	$141,978
KATHY PEARSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JACOB PARKS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM ALLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
NATHANIEL PRIOR	TREASURER	1.00	Officer Director	$0	$0	$0
MATT ALLORE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN CHRISTIE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HAUSCHILD	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA KERNERMAN	DIRECTOR	1.00	Director	$0	$0	$0
ERIK LARSON	DIRECTOR	1.00	Director	$0	$0	$0
LAKYN MACHUGA	DIRECTOR	1.00	Director	$0	$0	$0
MATT MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
CHASE SOEHREN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY WAYBRIGHT	DIRECTOR	1.00	Director	$0	$39,789	$180,891
HEATHER BEEBE-STEVENS	EXECUTIVE DIRECTOR	40.00	Officer	$0	$30,769	$148,717

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	$9,777,279	$2,250,898	$44,830,739	$7,526,381
2024	$4,141,342	$2,018,833	$39,299,279	$2,122,509
2023	$3,124,227	$1,822,037	$36,448,183	$1,302,190
2022	$3,322,447	$1,582,404	$33,198,124	$1,740,043
2021	$4,292,711	$1,552,323	$35,850,732	$2,740,388
2020	$3,113,277	$2,264,243	$29,919,277	$849,034
2019	$2,590,459	$2,061,724	$29,622,460	$528,735

SPOKANE COLLEGES FOUNDATION