Trinidad State College Foundation
- Assets
- $12.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Trinidad, CO
- Founding
- 06/1978
- Data as of
- 12/2023
- EIN
- 84-6002425
Organization Overview
Trinidad State College Foundation is located in Trinidad, CO. The organization was established in 1978. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 12/2023, Trinidad State College Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinidad State College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Trinidad State College Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $920.8k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GROWTH AND DEVELOPMENT OF TRINIDAD STATE COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND OTHER COLLEGE ASSISTANCE AND PROGRAMS.
PROGRAM EXPENSES - PROPERTY MAINTENANCE AND UPKEEP AND INSTRUCTIONAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Deangelis Executive Di | Officer | 40 | $86,820 |
Vibeke Adkisson Member | Trustee | 1 | $0 |
Ryan Coberly Vice Preside | OfficerTrustee | 1 | $0 |
Laura Debella Secretary | OfficerTrustee | 1 | $0 |
Kathleen Griego Member | Trustee | 1 | $0 |
Jeff Mangino Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,075,827 |
| Noncash contributions included in lines 1a–1f | $4,523 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,075,827 |
| Total Program Service Revenue | $15,790 |
| Investment income | $305,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,922 |
| Net Gain/Loss on Asset Sales | $211,252 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,638,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,820 |
| Compensation of current officers, directors, key employees. | $86,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,860 |
| Payroll taxes | $8,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,723 |
| Advertising and promotion | $2,398 |
| Office expenses | $2,914 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,778 |
| Insurance | $14,341 |
| All other expenses | $33,941 |
| Total functional expenses | $920,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,321 |
| Savings and temporary cash investments | $10,180 |
| Pledges and grants receivable | $33,434 |
| Accounts receivable, net | $40,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,100 |
| Prepaid expenses and deferred charges | $18,423 |
| Net Land, buildings, and equipment | $477,672 |
| Investments—publicly traded securities | $11,813,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,137 |
| Total assets | $12,755,790 |
| Accounts payable and accrued expenses | $411 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $163,484 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $163,895 |
| Net assets without donor restrictions | $3,548,384 |
| Net assets with donor restrictions | $9,043,511 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,755,790 |