Skip to main content

Nonprofit · EIN 34-1266573

JAMES A RHODES STATE COLLEGE FOUNDATION

Tax-exempt · LIMA, OH 45804

Financials

$911K$1.2M2022$1.1M$1.3M2023$359K$961K2024
Revenue Expenses · by fiscal year end
Financials of JAMES A RHODES STATE COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$359,258$960,679-$601,421$7,396,297$866,078$6,530,219
June 30, 2024990$1,138,732$1,348,039-$209,307$6,920,041$233,718$6,686,323
June 30, 2023990$911,110$1,206,808-$295,698$6,768,088$189,271$6,578,817
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$147,476
Program service revenue
$0
Investment income
$211,782
Net gain from sales of assets
$55,279
Other revenue
$0

Expenses

Grants and similar amounts paid
$923,889
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$923,889
Management and general (functional)
$35,450
Fundraising (functional)
$1,340

Balance sheet and other

Total assets, start of year
$6,920,041
Total assets, end of year
$7,396,297
Total liabilities, end of year
$866,078
Net assets, end of year
$6,530,219
Publicly traded securities
$6,269,857
Net assets without donor restrictions
$242,385
Net assets with donor restrictions
$6,287,834
Gross receipts
$475,254
Employees
0
Volunteers
50
Year formed
1979
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Cynthia SpiersCollege President
Officer
2$0$236,009$0
Derek AdkinsVP Finance & Business/Treasurer
Officer
5$0$131,300$19,049
Kevin ReeksVP Inst Adv/Sec'y
Officer
40$0$113,666$16,110
Matthew JenningsChairman
Trustee or director, Officer
2$0$0$0
Richard KortokraxVice Chair
Trustee or director, Officer
2$0$0$0
Andrew FarleyBoard Member
Trustee or director
2$0$0$0
Carrie LewisBoard Member
Trustee or director
2$0$0$0
DR Francis OrumaBoard Member
Trustee or director
2$0$0$0
DR Jan OsbornBoard Member
Trustee or director
2$0$0$0
Jane KritesBoard Member
Trustee or director
2$0$0$0
Linda StaleyBoard Member
Trustee or director
2$0$0$0
Mary Elmquist-LaneBoard Member
Trustee or director
2$0$0$0
Terri HirschfeldBoard Member
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Cynthia SpiersCollege President2$0$245,371$8,820
Kevin ReeksVP Inst Adv/Sec'y40$0$112,881$28,496
Derek AdkinsVP Finance & Business/Treasurer5$0$54,317$6,370
Linda StaleyBoard Member
Trustee or director
2$0$0$0
Mary Elmquist-LaneBoard Member
Trustee or director
2$0$0$0
Teri HirschfeldBoard Member
Trustee or director
2$0$0$0
Matthew JenningsChairman
Trustee or director, Officer
2$0$0$0
Jane KritesBoard Member
Trustee or director
2$0$0$0
Lee SchroederBoard Member
Trustee or director
2$0$0$0
Richard KortokraxVice Chair
Trustee or director, Officer
2$0$0$0
Carrie LewisBoard Member
Trustee or director
2$0$0$0
Dr Francis OrumaBoard Member
Trustee or director
2$0$0$0
Dr Jan OsbornBoard Member
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Cynthia SpiersCollege President2$0$245,371$0
Kevin ReeksVP Institutional Adv/Secretary2$0$112,881$6,310
Russell LitkeVP Finance & Business/Treasurer2$0$86,066$11,903
Mary Elmquist-LaneBoard Member
Trustee or director
2$0$0$0
Terri HirschfeldBoard Member
Trustee or director
2$0$0$0
Matthew JenningsChairman
Trustee or director, Officer
2$0$0$0
Jane KritesBoard Member
Trustee or director
2$0$0$0
Richard KortokraxVice Chairman
Trustee or director, Officer
2$0$0$0
Carrie LewisBoard Member
Trustee or director
2$0$0$0
Dr Francis OrumaBoard Member
Trustee or director
2$0$0$0
Dr Jan OsbornBoard Member
Trustee or director
2$0$0$0
Linda StaleyBoard Member
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
4240 CAMPUS DR, LIMA, OH 45804-3576
Principal officer (990 for 2024)
Matthew Jennings, 4240 Campus Drive, Lima, OH 45804
Signed the 990
Matthew Jennings, Chariman
Phone
(419) 995-8342
Return prepared by
Forvis Mazars LLP

Mission

To generate community and financial support for Rhodes State College. This support is derived from the public and private sectors to assist the college in achieving its mission to serve the community.

990 for the year ended June 30, 2025

Program accomplishments

  • Funds are used to support Rhodes State College in academic programs, student support services, capital projects, equipment and technology enhancements.
    Expenses $774,492 · grants $774,492
  • The Foundation raises funds for scholarships to be awarded to Rhodes State College students. Funds are received through the Development Office. Criteria for awards is developed with the donor. An application process is conducted and a committee comprised of faculty, staff, and foundation board members review the applications. The review committee determines the award winners. Rhodes State College's Financial Aid and Business Offices administer the awards to the students.
    Expenses $149,397 · grants $149,397

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-1266573
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$7,396,297
Income (IRS master file)
$475,254

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$359,258$960,679$7,396,297IRS
990June 2024$1,138,732$1,348,039$6,920,041IRS
990June 2023$911,110$1,206,808$6,768,088XML
990June 2022$2,232,723$3,355,756$6,805,067IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1266573).

Questions about JAMES A RHODES STATE COLLEGE FOUNDATION

What is the EIN of JAMES A RHODES STATE COLLEGE FOUNDATION?
The employer identification number (EIN) of JAMES A RHODES STATE COLLEGE FOUNDATION is 34-1266573.
Is JAMES A RHODES STATE COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to JAMES A RHODES STATE COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JAMES A RHODES STATE COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JAMES A RHODES STATE COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JAMES A RHODES STATE COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of JAMES A RHODES STATE COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names Matthew Jennings.
Who are the officers and directors of JAMES A RHODES STATE COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does JAMES A RHODES STATE COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $359,258, expenses of $960,679 and total assets of $7,396,297 at year end.

Other nonprofits in LIMA

All nonprofits in LIMA · Ohio · Education