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Nonprofit · EIN 91-1012915

SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING

Tax-exempt · MOUNT VERNON, WA 98273

Financials

$5.2M$3.2M2023$4.4M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,366,714$3,486,667$880,047$30,860,302$490,935$30,369,367
June 30, 2024990$5,201,128$3,172,569$2,028,559$28,822,945$451,795$28,371,150
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,259,429
Program service revenue
$1,017,641
Investment income
$1,223,524
Net gain from sales of assets
$90,175
Net income from fundraising events
-$133,880
Other revenue
-$133,880

Expenses

Grants and similar amounts paid
$1,845,679
Compensation of officers, directors and key employees
$66,513
Salaries, compensation and benefits (total)
$66,513
Professional fundraising fees
$0
Accounting fees
$22,188
Occupancy
$186,214
Travel
$10,004
Depreciation
$145,047
Program services (functional)
$2,983,675
Management and general (functional)
$394,171
Fundraising (functional)
$108,821

Balance sheet and other

Total assets, start of year
$28,822,945
Total assets, end of year
$30,860,302
Total liabilities, end of year
$490,935
Net assets, end of year
$30,369,367
Land, buildings and equipment
$2,923,193
Publicly traded securities
$24,891,050
Net assets without donor restrictions
$5,994,760
Net assets with donor restrictions
$24,374,607
Gross receipts
$10,707,232
Employees
0
Volunteers
156
Year formed
1978
State of legal domicile
WA

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 / weekCompensationOther / benefits
Kathleen PetrzelkaExecutive Director
Officer
40$109,075$24,540
Vhari Rust-ClarkPresident
Trustee or director, Officer
2$0$0
John SternlichtVice-President
Trustee or director, Officer
2$0$0
Brian GentryTreasurer
Trustee or director, Officer
1$0$0
Danielle MartinSecretary
Trustee or director, Officer
1$0$0
Janie BeasleyDirector
Trustee or director
1$0$0
Todd KrantzDirector
Trustee or director
1$0$0
Isaac WilliamsDirector
Trustee or director
1$0$0
Margaret RojasDirector
Trustee or director
1$0$0
Charlie WendDirector
Trustee or director
1$0$0
Dave RybergDirector
Trustee or director
1$0$0
Kathy DollDirector
Trustee or director
1$0$0
Nancy Rytand-CareyDirector
Trustee or director
1$0$0
Tim RawlinsDirector
Trustee or director
1$0$0
Amy HongDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
Kathleen PetrzelkaExecutive Director
Officer
40$76,539$20,250
Anne ClarkInterim ED (Former)
Officer
40$35,116$7,042
Vhari Rust-ClarkPresident
Trustee or director, Officer
2$0$0
John SternlichtVice-President
Trustee or director, Officer
2$0$0
Brian GentryTreasurer
Trustee or director, Officer
1$0$0
Danielle MartinSecretary
Trustee or director, Officer
1$0$0
Janie BeasleyDirector
Trustee or director
1$0$0
Todd KrantzDirector
Trustee or director
1$0$0
Isaac WilliamsDirector
Trustee or director
1$0$0
Margaret RojasDirector
Trustee or director
1$0$0
Charlie WendDirector
Trustee or director
1$0$0
Dave RybergDirector
Trustee or director
1$0$0
Kathy DollDirector
Trustee or director
1$0$0
Nancy Rytand-CareyDirector
Trustee or director
1$0$0
Tim RawlinsDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2405 E COLLEGE WAY, MOUNT VERNON, WA 98273-5821
Principal officer (990 for 2024)
Kathleen Petrzelka, 2405 East College Way, Mount Vernon, WA 98273
Signed the 990
Kathleen Petrzelka, Executive Director
Phone
(360) 416-3229
Return prepared by
WERSEN NONPROFIT CPAS LLC

Mission

Secure donations to enhance education at Skagit Valley College through scholarships, grants, and institutional support.

990 for the year ended June 30, 2025

Program accomplishments

  • $1,024,098 in academic scholarships were awarded to Skagit Valley College students for the 2024/2025 school year. $714,586 (includes $8,006 of in-kind services) in program assistance grants were awarded to Skagit Valley College programs for the 2024/2025 school year.Skagit Valley College provides academic transfer and professional technical 2-year degrees and certificates in over 25 fields of study; many of these degrees transfer to most Washington State 4-year colleges and universities. Additionally, Skagit Valley College provides 4-year bachelor's degrees in Applied Science (BAS), Advanced Manufacturing and Design, Early Childhood Education, Environmental Conservation, Applied Management, and Computer Science. For students looking to become college-ready, SVC offers Adult Basic Education courses and prep classes in math, English, English Language Acquisition, GED and more.
    Expenses $1,841,637 · grants $1,730,678
  • Skagit Valley College Foundation operates Campus View Village, a safe and inclusive student housing program on the north-end of the Skagit Valley College campus. Campus View Village serves up to 140 students year-round taking courses at Skagit Valley College. This popular program houses a large number of international students, student athletes, and others, making Campus View Village a dynamic and engaging addition to the Skagit Valley College culture. For more information, visit www.skagit.edu/cvv.
    Expenses $836,482 · grants $7,238 · revenue $878,024
  • The Foundation operates the Cardinal Athletics Booster Club for the benefit of student athletes. $107,763 in athletic scholarships were awarded to Skagit Valley College student athletes for the 2024/2025 school year.
    Expenses $305,556 · grants $107,763 · revenue $139,617

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
91-1012915
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
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$30,860,302
Income (IRS master file)
$10,707,232

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,366,714$3,486,667$30,860,302XML
990June 2024$5,201,128$3,172,569$28,822,945XML
990June 2023$5,969,491$2,374,698$25,435,050IRS
990June 2022$4,966,852$2,304,803$21,510,181IRS
990June 2021–––IRS
990June 2020–––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 91-1012915).

Questions about SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING

What is the EIN of SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING?
The employer identification number (EIN) of SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING is 91-1012915.
Is SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING 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 SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING 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 SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING 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 SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING?
The 990 for the year ended June 30, 2025 names Kathleen Petrzelka.
Who are the officers and directors of SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING?
The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $109,075 (Kathleen Petrzelka, Executive Director).
How much revenue does SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,366,714, expenses of $3,486,667 and total assets of $30,860,302 at year end.

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