Sierra College Foundation

Nonprofit profile at a glance

EIN
237241877
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Rocklin, CA, USA
Phone
9166607020
Rating
74
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Community or Junior Colleges

Official website

Reported finances

Revenue
$3,197,697
Expenses
$1,608,769
Assets
$21,455,624
Liabilities
$358,743

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

Leadership & pay

22 people listed

Executive titles in this filing

  • ED BONNER (PRESIDENT)
  • KEVIN BARRI (VICE PRESIDENT)
  • ROBERT DUGAN (IMMEDIATE PAST PRESIDENT)
  • WILLY DUNCAN (DISTRICT PRESIDENT/SUPERINTENDENT)
  • SONBOL ALIABADI (EXECUTIVE DIRECTOR)

Highest reported compensation

  • WILLY DUNCAN (DISTRICT PRESIDENT/SUPERINTENDENT): $479,928 total reported compensation
  • SONBOL ALIABADI (EXECUTIVE DIRECTOR): $177,911 total reported compensation

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

Overview

Mission

Provide our community the opportunity to invest in the development of quality educational opportunities for all at sierra joint community college district. Raise funds in support of our students and college programs.

What it reported doing in 2024

The sierra college foundation provides members of the community the opportunity to assist and invest in the development of quality educational opportunities for sierra joint community college students. In concert with the college and the community it serves, the foundation commits itself to work toward educational excellence by identifying donor resources to support a learning environment enriched by diversity, which promotes personal and professional success, leadership, innovation, responsibility, and a sense of community. Some of the highlights include: the guardian scholar program offers comprehensive financial and educational support to emancipated youth attending sierra joint community college to ensure their educational success. Sierra college foundation raises funds to support sierra joint community college in developing a culture of innovation and experimentation with a goal of improving the lives of students, families, and our community. Sierra college foundation raises funds to offer financial aid to veterans attending sierra joint community college, in the form of book vouchers, gas cards, emergency funds, etc. Sierra college foundation raises funds to support students with one-time emergencies that could potentially impact their ability to stay in school, i.e. Temporary lodging, health care, car repairs, book vouchers, gas money, etc. Sierra college foundation offers scholarships annually, which benefit numerous sierra joint community college students.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 85% 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 83
  • Accountability: 87
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55%; rating input score 55
  • Program expense ratio: 65.6%; rating input score 66
  • Fundraising efficiency: $9.82 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 94.7%; rating input score 95; 25th 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: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 49.7%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 13.34; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 19.1%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 55% of revenue deployed · 65.6% of spending went to programs
  • Governance: 18 of 19 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $480K · 22 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 13/100.