Los Rios Colleges Foundation

Nonprofit profile at a glance

EIN
942506591
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Sacramento, CA, USA
Phone
9165683075
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$8,015,765
Expenses
$5,785,841
Assets
$32,772,451
Liabilities
$42,782

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Highest reported compensation

  • Paula L AllisonPresident (Chief Advancement Officer): $369,785 total reported compensation
  • Kristin EmmettSecretary (Director Institutional Advancement): $180,335 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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

What it reported doing in 2024

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.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 71
  • Accountability: 90
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.9%; rating input score 71
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: $203.47 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.8%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 5.66; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 12.6% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 70.9% of revenue deployed · 88.2% of spending went to programs
  • Governance: 18 of 18 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $5.1M in reported program spending
  • Leadership: top reported pay $370K · 27 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.