Poudre School District Foundation INC EIN 84-1555092

Poudre School District Foundation INC

EIN  84-1555092 Public charity (501(c)(3)) Fort Collins, CO Founded 2000
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Size
$100K–1M
What they do
Encourages community support for student learning opportunities.
Leadership
Summer Shaffer · Executive Di
Money in and out
$312K revenue, $260K expenses
Bottom line
85% program efficiency

Encourages community support for student learning opportunities. For fiscal year 2024 it reported $312K in revenue, $260K in expenses, and $3.0M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$312K
Pt VIII · Ln 12
Total expenses
$260K
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $52K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.12 Fundraising $0.03
Program efficiency
85%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
25.0mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+17%
revenue over expenses, this year▼ -54% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$312K
FY2024▼ -6%
Expenses
$260K
FY2024▲ +22%
Total assets
$3.0M
FY2024▲ +4%
Total liabilities
$240
FY2024▼ -99%
Total revenue
$312K
Pt VIII · Ln 12
Total expenses
$260K
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$52K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $216K of program spending, described in the organization's own filed words · FY2024.
01

Donor Advised College Scholarships

PSDF provides an avenue for donors to contribute to the organization and provide scholarships to college attendees. These contributions come in the manner of memorials or donor advised funds.

$154Kprogram expense
02

Family Compassion Fund

PSDF set up an internally designated fund to provide funds to families within the district who were struggling during the COVID-19 pandemic.

$39Kprogram expense
03

Ignite Grants

PSDF set up a fund to help provide classroom supplies and help improve access to educational opportunities.

$23Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPoudre School District Foundation INC
EINHdr · item D84-1555092
Principal addressHdr · item CFort Collins, CO
WebsiteHdr · item Jwww.psdfoundation.org
Year of formationHdr · item L2000
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B112)
Ruling yearIRS BMFDec 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$194K · 62%
Investment income$118K · 38%
Contributions & grants62%$194K
Investment income38%$118K
Other revenue$1K
Total revenueLn 12$312K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.12 Fundraising $0.03
Program services85%$221K
Management & general12%$31K
Fundraising3%$7K
Total functional expensesLn 25$260K

Balance Sheet

Part X · end of year
CashLn 1$541K
Total assetsLn 16$3.0M
Total liabilitiesLn 26$240
Total net assetsLn 32$3.0M
Months of cash on handcomputed25.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $541K · Operating expenses/yr $260K
25.0 months
Where the money goes
Program services
Program services $221K · Total expenses $260K
85%
Management & General
Management & general $31K · Total expenses $260K
12%
Fundraising
Fundraising $7K · Total expenses $260K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $539K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $194K · Total revenue $312K
62%
Government reliance
Government grants — · Total revenue $312K
Earned-income share
Program service revenue $0 · Total revenue $312K
0%
Investment reliance
Investment income $118K · Total revenue $312K
+38%
Program self-sufficiency
Program service revenue $0 · Total expenses $260K
0%
Growth & trend
Revenue growth (YoY)
This year $312K · Prior year $333K
-6%
Revenue CAGR
FY2019 $101K · FY2024 $312K
+25%
Net-asset trend (YoY)
End of year $3.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $312K · Expenses $260K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
Net-asset ratio
Net assets $3.0M · Total assets $3.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Summer Shaffer · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $260K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $260K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 12%
Fundraising cost ratio 4%
Revenue growth -6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$72K
See all 4 funders →
Grants paid · 15 grants · $581K · 2019–2024
Poudre School DistrictFY2024$126,400
Colorado State UniversityFY2024$35,500
Front Range Community CollegeFY2024$22,000
Poudre School DistrictFY2023$127,912
Front Range Community CollegeFY2023$15,000
Poudre School DistrictFY2022$47,718
Front Range Community CollegeFY2022$22,400
Poudre School DistrictFY2021$39,415
Front Range Community CollegeFY2021$22,500
Colorado State UniversityFY2021$10,000
Poudre School DistrictFY2020$18,389
Front Range Community CollegeFY2020$18,044
Colorado State UniversityFY2020$8,000
Poudre School DistrictFY2019$56,198

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$333K revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$200K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF
FY2020$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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