Los Rios Colleges Foundation

EIN: 942506591 501(c)(3)

Sacramento, CA

Total Revenue
$8,015,765
Total Expenses
$5,785,841
Total Assets
$32,772,451
Net Assets
$32,729,669
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CA
Principal Officer
Paula Allison
Phone
9165683075
Tax Period
2024-07-01 to 2025-06-30

Los Rios Colleges Foundation, founded in 1978, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 28% operating margin.

Mission

To raise private philanthropic gifts that improve student success and help prepare an educated workforce through scholarships, emergency grants, and college program support.

Program Service Accomplishments

Program 1
Expenses: $1,045,701

Direct student support is critical to keeping students in school and succeeding especially among the 46% that are low income or below poverty. The Student Emergency Fund assisted with basic needs...

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Direct student support is critical to keeping students in school and succeeding especially among the 46% that are low income or below poverty. The Student Emergency Fund assisted with basic needs, housing and food insecurity. 1,271 students received scholarships provided by generous individuals, corporations, foundations, and employees. Scholarships cover tuition, fees, textbooks, transportation, and living expenses for students with a high level of financial need and/or outstanding academic performance. The Los Rios scholarship program supports deserving students including foster youth, veterans, single parents, and at-risk low income populations.

Program 2
Expenses: $3,552,086

The Los Rios Colleges Foundation provides philantrhopic support to the four Los Rios Colleges (American River, Cosumnes River, Folsom Lake, and Sacramento City) and the Harris Center for the Arts, by...

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The Los Rios Colleges Foundation provides philantrhopic support to the four Los Rios Colleges (American River, Cosumnes River, Folsom Lake, and Sacramento City) and the Harris Center for the Arts, by serving as the vehicle through which individuals and organizations may invest in the Los Rios Colleges and their students, departments, and programs. The Los Rios Colleges Foundation provided support to college departments and programs during the 2024-25 academic year. These resources allowed college faculty, staff, and administrators to improve existing programs, experiment with new and innovative approaches and support student success.(Continued on Schedule O)The Foundation proudly serves as the philanthropic arm of the Harris Center for the Arts on the Folsom Lake College Campus, helping keep world-class arts experiences thriving in our community. Donor support brings the arts to life by funding free matinee performances for children from low-income schools, providing mini-grants for emerging artists, and sustaining high-quality programming that ticket sales alone can't cover. Our engaging membership program also fuels vital volunteer efforts that make every performance possible. Together, our supporters help ensure the arts remain vibrant, accessible, and inspiring for all.

Program 3
Expenses: $167,825

Thanks to generous corporate and indiviual donors, Los Rios Colleges Foundation continued to remove barriers for students through the Los Rios Promise. The Los Rios Promise Scholarships provided $500...

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Thanks to generous corporate and indiviual donors, Los Rios Colleges Foundation continued to remove barriers for students through the Los Rios Promise. The Los Rios Promise Scholarships provided $500 awards to first-time, full-time students with high financial need. Promise to Career scholarships helped students in construction and allied health programs prepare for high-paying, high-quality jobs and meet the demand in the region for skilled workers. The scholarships encourage students to enroll and complete these critical educational pathways by removing barriers like necessary program equipment and state testing.

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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 $6,675,294
Program Service Revenue $0
Investment Income $1,343,215
Other Revenue $-2,744
TOTAL REVENUE $8,015,765

Expense Breakdown

Grants Paid $5,104,531
Salaries & Benefits $0
Fundraising Expenses $32,807
Program Expenses $5,104,531
Other Expenses $681,310
TOTAL EXPENSES $5,785,841

Year-over-Year Comparison

2024 2023 Change
Revenue $8,015,765 $7,008,860 +0.1%
Expenses $5,785,841 $3,359,404 +0.7%
Net Income $2,229,924 $3,649,456 -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
18
Independent Members
18
Employees
N/A
Volunteers
196

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
6
$550,120
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paula L AllisonPresident Chief Advancement Officer 32.00
Officer
$341,014 $28,771 $369,785
Kristin EmmettSecretary Director Institutional Advancement 36.00
Officer
$157,850 $22,485 $180,335
Alex TaghavianImm Past Chair thru Nov/Chair thru Sept 0.50
Officer Director
$0 $0 $0
Janiela BoldsChair as of Sept Chair Elect thru Sept 0.50
Officer Director
$0 $0 $0
Donald Terry Finance Chair/Treasurer 0.25
Officer Director
$0 $0 $0
Rachel WyattChair Elect as of Sept/Director thru Sept 0.25
Officer Director
$0 $0 $0
Brian King Ex-Officio 0.25
Director
$0 $0 $0
Pamela Haynes Ex-Officio thru Nov 0.25
Director
$0 $0 $0
Bryan Byrd Director 0.25
Director
$0 $0 $0
Farres Everly Director 0.25
Director
$0 $0 $0
John Frisch Director 0.25
Director
$0 $0 $0
Dana Masera Director thru Dec 0.25
Director
$0 $0 $0
Paul McClure Director 0.25
Director
$0 $0 $0
Jonathan McMurtry Director 0.25
Director
$0 $0 $0
Tim Mech Director 0.25
Director
$0 $0 $0
Patrick Mulvaney Director 0.25
Director
$0 $0 $0
Alice Perez Director 0.25
Director
$0 $0 $0
Kevin Pressey Director thru May 0.25
Director
$0 $0 $0
John Ruden Director 0.25
Director
$0 $0 $0
Josh Smith Director 0.25
Director
$0 $0 $0
Tracy Stigler Director 0.25
Director
$0 $0 $0
Anna Trunnell Director 0.25
Director
$0 $0 $0
John Knight Ex-Officio as of Mar 0.25
Director
$0 $0 $0
Arthur Ma Director as of Sept 0.25
Director
$0 $0 $0
Deborah Ortiz Ex-Officio as of Mar 0.25
Director
$0 $0 $0
Allison Otto Director as of Mar 0.25
Director
$0 $0 $0
Annie Sterling Director as of Sept 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 $8,015,765 $5,785,841 $32,772,451 $2,229,924
2024 $7,008,860 $3,359,404 $29,223,030 $3,649,456
2023 $6,304,483 $2,542,206 $24,430,844 $3,762,277
2022 $5,280,788 $2,598,310 $19,783,162 $2,682,478
2021 $3,066,497 $2,395,734 $19,528,267 $670,763
2020 $3,981,037 $2,450,797 $17,367,671 $1,530,240
2018 $5,099,707 $1,664,359 $14,330,494 $3,435,348
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