Imperial Valley College Foundation

Organization Overview

Imperial Valley College Foundation is located in Imperial, CA. The organization was established in 1965. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imperial Valley 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 06/2022, Imperial Valley College Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $966.6k during the year ending 06/2022. While expenses have increased by 18.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS AN INDEPENDENT ORGANIZATION OPERATING SOLELY FOR THE BENEFIT OF IMPERIAL VALLEY COMMUNITY COLLEGE. THE FOUNDATION RECEIVES PUBLIC SUPPORT FOR THE BENEFIT OF THE STUDENTS AT THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS, SCHOLARSHIPS, AND ALLOCATIONS FOR THE BENEFIT OF THE STUDENTS AT IMPERIAL VALLEY COMMUNITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Vince Signorotti
Director
$0
Fidel Gonzalez
Treasurer
$0
Robert Rubio
Secretary
$0
Rod Smart
Executive Dir.
$0
Sayrs Morris
Director
$0
Victor Jaime
Director
$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$1,235,899
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,235,899
Total Program Service Revenue$0
Investment income $51,649
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $19,409
Net Income from Fundraising Events $23,533
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,330,778

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Imperial Valley College Foundation has recieved totaling $370,335.

Awarding OrganizationAmount
The California Wellness Foundation

Los Angeles, CA

PURPOSE: FOR CORE OPERATING SUPPORT TO PROVIDE COLLEGE CAMPUS-BASED SUPPORT FOR YOUTH PURSUING POST-SECONDARY EDUCATION IN IMPERIAL COUNTY WHO ARE CONNECTED TO THE FOSTER CARE OR JUSTICE SYSTEM, OR WHO ARE EXPERIENCING HOUSING INSECURITY.

$300,000
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$29,900
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: YESS: INDEPENDENT LIVING PROGRAM

$20,435
Howard P Meyer Foundation

El Centro, CA

PURPOSE: CHARITY

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,735,479
Earnings-$192,175
Admin Expense$12,120
Net Contributions$380,300
Grants$45,216
Ending Balance$1,866,268

Peer Organizations

Organization NameAssets
Scripps College
Claremont, CA
$98,616,217
California College Of The Arts
San Francisco, CA
$107,701,190
Vanguard University Of So Ca
Costa Mesa, CA
$83,351,301
Harvey Mudd College
Claremont, CA
$77,731,780
The Masters University And Seminary
Santa Clarita, CA
$80,766,902
William Jessup University
Rocklin, CA
$60,123,299
Pitzer College
Claremont, CA
$62,327,201
Pacific Union College
Angwin, CA
$48,958,321
Menlo College
Atherton, CA
$52,004,358
Corban University
Salem, OR
$40,955,830
Arizona Christian University
Glendale, AZ
$41,715,936
Simpson University
Redding, CA
$43,472,556

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