Form 990 for tax year 2024
Filed by PIKES PEAK STATE COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $2,201,626
- Total expenses
- $2,204,678
- Contributions and grants received
- $1,940,204
- Grants paid
- $2,078,153
- Program service revenue
- $0
- Investment income
- $261,422
- Other revenue
- $0
- Total assets, end of year
- $6,436,817
- Total liabilities, end of year
- $563,941
- Net assets or fund balances, end of year
- $5,872,876
- Program services expenses (Part IX)
- $2,097,494
- Management and general expenses
- $87,915
- Fundraising expenses
- $19,269
- Program service expenses (Part III)
- $2,097,494
Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$900,151
-
1f · All other contributions, gifts and grants
$1,040,053
-
3 · Investment income
total $178,168 · excluded $178,168
-
7a · Gross sales of assets other than inventory
securities $2,404,533
-
7b · Less cost or other basis and sales expenses
securities $2,321,279
-
7c · Gain or loss
securities $83,254
-
7d · Net gain or loss
total $83,254 · excluded $83,254
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $864,101 · program services $864,101
-
2 · Grants to domestic individuals
total $1,214,052 · program services $1,214,052
-
11c · Fees: accounting
total $41,309 · management and general $41,309
-
11f · Fees: investment management
total $29,722 · management and general $29,722
-
13 · Office expenses
total $8,707 · program services $500 · management and general $1,628 · fundraising $6,579
-
14 · Information technology
total $12,459 · management and general $12,459
-
17 · Travel
total $7,609 · program services $5,782 · fundraising $1,827
-
19 · Conferences, conventions and meetings
total $25,412 · program services $13,059 · management and general $1,490 · fundraising $10,863
-
23 · Insurance
total $1,307 · management and general $1,307
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $200 · end of year $200
-
2 · Savings and temporary cash investments
beginning of year $1,560,526 · end of year $421,886
-
3 · Pledges and grants receivable
beginning of year $448,668 · end of year $352,790
-
10a · Land, buildings and equipment: cost or other basis
$1,787
-
10b · Land, buildings and equipment: accumulated depreciation
$1,787
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $4,352,776 · end of year $5,661,941
-
15 · Other assets
beginning of year $2,500
-
17 · Accounts payable and accrued expenses
beginning of year $294,679 · end of year $176,076
-
19 · Deferred revenue
beginning of year $471,883 · end of year $387,865
-
27 · Net assets without donor restrictions
beginning of year -$543,481 · end of year -$589,939
-
28 · Net assets with donor restrictions
beginning of year $6,141,589 · end of year $6,462,815
Mission and programs · 2024
Mission
THE MISSION OF PIKES PEAK STATE COLLEGE FOUNDATION IS TO ENHANCE THE CAPACITY OF PIKES PEAK STATE COLLEGE TO EDUCATE AND TRAIN ITS STUDENTS BY PROVIDING FINANCIAL SUPPORT FOR STUDENT SCHOLARSHIPS AND SELECTED PROGRAMS AND PROJECTS.
Activities or mission (Part I)
TO RECEIVE, INVEST AND ADMINISTER PROPERTY FOR THE BENEFIT OF PIKES PEAK STATE COLLEGE.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,233,393 · Grants $1,214,052
-
THE PIKES PEAK STATE COLLEGE FOUNDATION ('FOUNDATION') IS THE PHILANTHROPIC ARM OF PIKES PEAK STATE COLLEGE ('PPSC') AND, AS SUCH, RAISES FUNDS FOR STRATEGIC COLLEGE INITIATIVES. INCLUDED IN THE FISCAL 2025 OPERATIONS ARE EQUIPMENT PURCHASES FOR THE DELTA DENTAL ORAL HEALTH CAREER CENTER. THE FOUNDATION BROUGHT IN THE FUNDS TO ALLOW THE PURCHASE OF DENTAL EQUIPMENT BY THE COLLEGE. THESE GRADUATES ARE IN HIGH DEMAND FOR THE PIKES PEAK REGION, A CRITICAL COMPONENT OF PLANS TO ADDRESS DEVASTATING HEALTHCARE WORKFORCE SHORTAGES IN THIS REGION.
Expenses $864,101 · Grants $864,101
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jordan AyersJORDAN AYERS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
George GarroGEORGE GARRO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Shirley StewartSHIRLEY STEWART
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Dr Kenya LeeDR KENYA LEE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Jo Ann AntenorJO ANN ANTENOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Stephanie EdwardsSTEPHANIE EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beau KellyBEAU KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Dwayne MooreDR DWAYNE MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lorri OrwigLORRI ORWIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny SchellJENNY SCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danielle SummervilleDANIELLE SUMMERVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharonda RedfieldSHARONDA REDFIELD
COMMUNITY MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael SchroederMICHAEL SCHROEDER
COMMUNITY MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Darlene Melby See Sch ODARLENE MELBY SEE SCH O
PPSC VP ADMINISTRATIVE SERVICE/CFO
- Total calculated
- $0
- Hours/week
- 4
-
Kelly Rajab See Sch OKELLY RAJAB SEE SCH O
DIRECTOR OF FINANCE & OPERATIONS
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PIKES PEAK STATE COLLEGE
$158,774
CASH FOR GENERAL OPERATIONS AND CAPITAL EQUIPMENT FOR THE DELTA DENTAL ORAL HEALTH CAREER CENTER
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611319349300331
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