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Nonprofit · EIN 74-2182257

PIKES PEAK STATE COLLEGE FOUNDATION INC

Tax-exempt · COLORADO SPGS, CO 80906

Financials

$3.4M$1.7M2022$2.8M$3.6M2023$2.2M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of PIKES PEAK STATE COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,201,626$2,204,678-$3,052$6,436,817$563,941$5,872,876
June 30, 2024990$2,770,712$3,602,732-$832,020$6,364,670$766,562$5,598,108
June 30, 2023990$3,447,895$1,717,994$1,729,901$6,809,266$727,495$6,081,771
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,940,204
of which government grants
$900,151
Program service revenue
$0
Investment income
$261,422
Net gain from sales of assets
$83,254
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,078,153
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$41,309
Travel
$7,609
Program services (functional)
$2,097,494
Management and general (functional)
$87,915
Fundraising (functional)
$19,269

Balance sheet and other

Total assets, start of year
$6,364,670
Total assets, end of year
$6,436,817
Total liabilities, end of year
$563,941
Net assets, end of year
$5,872,876
Publicly traded securities
$5,661,941
Net assets without donor restrictions
-$589,939
Net assets with donor restrictions
$6,462,815
Gross receipts
$4,522,905
Employees
0
Volunteers
13
Year formed
1980
State of legal domicile
CO

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 / weekCompensation
JORDAN AYERSCHAIR
Trustee or director, Officer
1$0
GEORGE GARROTREASURER
Trustee or director, Officer
2$0
SHIRLEY STEWARTSECRETARY
Trustee or director, Officer
2$0
DR KENYA LEECHAIR ELECT
Trustee or director
2$0
JO ANN ANTENORDIRECTOR
Trustee or director
2$0
STEPHANIE EDWARDSDIRECTOR
Trustee or director
1$0
BEAU KELLYDIRECTOR
Trustee or director
1$0
DR DWAYNE MOOREDIRECTOR
Trustee or director
1$0
LORRI ORWIGDIRECTOR
Trustee or director
1$0
JENNY SCHELLDIRECTOR
Trustee or director
1$0
DANIELLE SUMMERVILLEDIRECTOR
Trustee or director
1$0
SHARONDA REDFIELDCOMMUNITY MEMBER
Trustee or director
1$0
MICHAEL SCHROEDERCOMMUNITY MEMBER
Trustee or director
1$0
DARLENE MELBY SEE SCH OPPSC VP ADMINISTRATIVE SERVICE/CFO
Officer
4$0
KELLY RAJAB SEE SCH ODIRECTOR OF FINANCE & OPERATIONS
Officer
40$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
SHIRLEY STEWARTCHAIR
Trustee or director, Officer
2$0
JORDAN AYERSCHAIR-ELECT
Trustee or director, Officer
1$0
ANN CESAREVICE CHAIR
Trustee or director, Officer
2$0
MICHAEL SCHROEDERTREASURER
Trustee or director, Officer
2$0
CJ MOORESECRETARY
Trustee or director, Officer
2$0
STEPHANIE EDWARDSDIRECTOR
Trustee or director
1$0
DR KENYA LEEDIRECTOR
Trustee or director
1$0
DANIELLE SUMMERVILLEDIRECTOR
Trustee or director
1$0
DARLENE MELBY SEE SCH OPPSC VP ADMINISTRATIVE SERVICE/CFO
Officer
4$0
KELLY RAJAB SEE SCH ODIRECTOR OF FINANCE & OPERATIONS
Officer
40$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA JAMESEXCUTIVE DIRECTOR
Officer
10$0$96,692$16,733
JESSICA KNUDTZONINTERIM EXECUTIVE DIRECTOR
Officer
10$0$79,962$15,264
DARLENE MELBYINTERIM EXECUTIVE DIRECTOR
Officer
10$0$74,884$11,613
DANIELLE SUMMERVILLEDIRECTOR
Trustee or director
1$0$0$0
DR KENYA LEEDIRECTOR
Trustee or director
1$0$0$0
MARTHA BARTONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL SCHROEDERTREASURER
Trustee or director, Officer
1$0$0$0
MURRAY WEINERDIRECTOR
Trustee or director
1$0$0$0
STEPHANIE EDWARDSDIRECTOR
Trustee or director
1$0$0$0
CJ MOOREDIRECTOR
Trustee or director
1$0$0$0
SHIRLEY STEWARTCHAIR
Trustee or director, Officer
1$0$0$0
JORDAN AYERSVICE CHAIR
Trustee or director, Officer
1$0$0$0
ANN CESAREDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
5675 S ACADEMY BLVD, COLORADO SPGS, CO 80906-5422
Principal officer (990 for 2024)
DR KENYA LEE, 5675 SOUTH ACADEMY BLVD, COLORADO SPRINGS, CO 80906
Signed the 990
DR KENYA LEE, CHAIR
Phone
(719) 502-2039
Return prepared by
CBIZ ADVISORS LLC

Mission

THE MISSION OF PIKES PEAK STATE COLLEGE FOUNDATION IS TO ENHANCE THE CAPACITY OF PIKES PEAK STATE COLLEGE TO EDUCATE AND TRAIN ITS STUDENTS BY PROVIDING FINANCIAL SUPPORT FOR STUDENT SCHOLARSHIPS AND SELECTED PROGRAMS AND PROJECTS.

990 for the year ended June 30, 2025

Program accomplishments

  • RECOGNIZING THAT HIGHER EDUCATION IS PROVEN TO BE A HIGHLY EFFECTIVE PATHWAY FROM POVERTY TO ECONOMIC SELF-SUFFICIENCY AND CIVIC PARTICIPATION, THE PPSC FOUNDATION SCHOLARSHIP PROGRAM IS DESIGNED TO PROVIDE MEANINGFUL AND SUSTAINABLE FINANCIAL SUPPORT TO LOW INCOME AND FIRST-GENERATION STUDENTS. THE MAJORITY OF FOUNDATION SCHOLARSHIPS ARE DONOR-DESIGNATED TO FUND STUDENTS WHO ARE COMMITTED TO COMPLETION OF A CAREER-ORIENTED DEGREE OR CERTIFICATE PROGRAM.(CONTINUED ON SCHEDULE O)SCHOLARSHIPS ARE INTENTIONALLY AWARDED TO SUPPORT ENROLLMENT, RETENTION, AND GRADUATION FROM PPSC. SCHOLARSHIP STUDENTS RECEIVE HANDS-ON COACHING AND WRAP-AROUND SUPPORT SERVICES TO HELP THEM SUCCEED AND RESEARCH SHOWS A DRAMATIC INCREASE IN THE PERCENTAGE OF SCHOLARSHIP STUDENTS WHO GRADUATE, TRANSFER, OR STAY IN COLLEGE, PROVIDING A VERY HIGH RATE OF RETURN ON PHILANTHROPIC INVESTMENT.
    Expenses $1,233,393 · grants $1,214,052
  • THE PIKES PEAK STATE COLLEGE FOUNDATION ('FOUNDATION') IS THE PHILANTHROPIC ARM OF PIKES PEAK STATE COLLEGE ('PPSC') AND, AS SUCH, RAISES FUNDS FOR STRATEGIC COLLEGE INITIATIVES. INCLUDED IN THE FISCAL 2025 OPERATIONS ARE EQUIPMENT PURCHASES FOR THE DELTA DENTAL ORAL HEALTH CAREER CENTER. THE FOUNDATION BROUGHT IN THE FUNDS TO ALLOW THE PURCHASE OF DENTAL EQUIPMENT BY THE COLLEGE. THESE GRADUATES ARE IN HIGH DEMAND FOR THE PIKES PEAK REGION, A CRITICAL COMPONENT OF PLANS TO ADDRESS DEVASTATING HEALTHCARE WORKFORCE SHORTAGES IN THIS REGION.
    Expenses $864,101 · grants $864,101

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
74-2182257
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
1981
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B41Z)
Assets (IRS master file)
$6,436,817
Income (IRS master file)
$4,522,905

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,201,626$2,204,678$6,436,817IRS
990June 2024$2,770,712$3,602,732$6,364,670IRS
990June 2023$3,447,895$1,717,994$6,809,266XML
990June 2022$1,510,862$2,025,128$4,949,305IRS
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 74-2182257).

Questions about PIKES PEAK STATE COLLEGE FOUNDATION INC

What is the EIN of PIKES PEAK STATE COLLEGE FOUNDATION INC?
The employer identification number (EIN) of PIKES PEAK STATE COLLEGE FOUNDATION INC is 74-2182257.
Is PIKES PEAK STATE COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to PIKES PEAK STATE COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PIKES PEAK STATE COLLEGE FOUNDATION INC 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 PIKES PEAK STATE COLLEGE FOUNDATION INC 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 PIKES PEAK STATE COLLEGE FOUNDATION INC 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 PIKES PEAK STATE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names DR KENYA LEE.
Who are the officers and directors of PIKES PEAK STATE COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does PIKES PEAK STATE COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,201,626, expenses of $2,204,678 and total assets of $6,436,817 at year end.

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