Antelope Valley College Foundation
Nonprofit profile at a glance
- EIN
- 954398700
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Lancaster, CA, USA
- Phone
- 6617226391
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,950,334
- Expenses
- $734,584
- Assets
- $12,784,768
- Liabilities
- $513
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Judy Fry (President)
People named in this filing
- Dr Stacy Bryant (Board Member)
- Colby Konisek (CFO)
- Artzrun Minasyan (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Foundation's mission is to increase resources, raise funds and create friends and partnerships in support of education at Antelope Valley College.
What it reported doing in 2024
During the FY ending June 30, 2025, the Foundation engaged in the following program service activities: Total Foundation endowment increased 10.4% from FY 23/24 exceeding the 5 percent growth goal.Awarded 265 scholarships for 231 students and provided approx. $357,000 highest amount ever. Engaged the community, scholarship donors and student recipients by hosting the annual Scholarship meet and greet breakfast in May 2025. Produced and edited 265 student videos that are provided to each donor. Increased the number of donors from 6,363 to 6,466 with the average gift of $2,481.Engaged the community by holding the annual 8th Annual Wine Walk fundraiser in April 2025. Netted $38,500 the largest ever for the April Wine Walk which funds the Community Students endowment providing grants for faculty.April: Per Foundation Bylaws and Board member request, the Foundation Board voted to bestow Gib Snow with the title of Emeritus, non-voting.September: Foundation admin assistant was selected and graduated from the AVC Leadership academy. All Foundation employees have participated.October: Awarded the largest faculty grant amount: $131,800 for 9 grants. Jaws of Life, Astro II, STEM activities, art supplies, and guest speaker for Communication Studies.Produced 3 e-newsletters for all donors. During Giving Tuesday in November raised $11,565 for Basic Needs. November: Delivery of a re-engined commuter 52 set bus from ATVA and AV Air Quality Management District.December: Completed the Brick Pathway Archive on the Foundation Web site.
Operating model
- Revenue model
- Investment-supported. 67% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 94
- Accountability: 80
- Sustainability: 92
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.9%; rating input score 36
- Program expense ratio: 87.8%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 62.3%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 17.4; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 9.9% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 35.9% of revenue deployed · 87.8% of spending went to programs
- Governance: 12 of 14 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $645K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.