Civic Intelligence

Colby Community College Endowment

EIN 48-6119870 • 501(c)3 • Colby, KS

Profile

Colby community college endowment foundation exists to support colby community college through performance of three fundamental functions: (1) raise funds, (2) raise friends, and (3) invest and disburse funds. The purpose of the generated income from the funds is to create money that will be used for scholarships, departmental programs, faculty development and overall enrichment of the college itself.

1255 S Range AveColby, KS 67701

www.colbycc.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

38th percentile

0.09x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

64th percentile

8.8%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-31%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$9,562,693

Up $774,472 (+8.8%) from 2024

Liabilities

Up

$95,847

Up $18,121 (+23%) from 2024

Net Assets

Up

$9,466,846

Up $756,351 (+8.7%) from 2024

Operations
Liabilities / Revenue38th percentileNet Margin87th percentile

Revenue

Down

$1,064,617

Down $488,900 (-31%) from 2024

Expenses

Down

$582,873

Down $361,873 (-38%) from 2024

Net Income

Down

$481,744

Down $127,027 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $4,990,159Liabilities 2011: $0Net Assets 2011: $4,990,1592011Assets 2012: $5,798,687Liabilities 2012: $0Net Assets 2012: $5,798,6872012Assets 2013: $5,848,196Liabilities 2013: $0Net Assets 2013: $5,848,1962013Assets 2014: $5,250,266Liabilities 2014: $0Net Assets 2014: $5,250,2662014Assets 2015: $5,665,792Liabilities 2015: $0Net Assets 2015: $5,665,7922015Assets 2016: $6,688,018Liabilities 2016: $162,254Net Assets 2016: $6,525,7642016Assets 2017: $6,795,515Liabilities 2017: $7,267Net Assets 2017: $6,788,2482017Assets 2018: $6,875,693Liabilities 2018: $14,383Net Assets 2018: $6,861,3102018Assets 2019: $7,800,193Liabilities 2019: $13,189Net Assets 2019: $7,787,0042019Assets 2020: $6,837,014Liabilities 2020: $18,909Net Assets 2020: $6,818,1052020Assets 2021: $7,903,807Liabilities 2021: $92,054Net Assets 2021: $7,811,7532021Assets 2022: $7,415,607Liabilities 2022: $83,403Net Assets 2022: $7,332,2042022Assets 2023: $7,859,362Liabilities 2023: $152,837Net Assets 2023: $7,706,5252023Assets 2024: $8,788,221Liabilities 2024: $77,726Net Assets 2024: $8,710,4952024Assets 2025: $9,562,693Liabilities 2025: $95,847Net Assets 2025: $9,466,8462025

Highlighted filing

2025

Assets$9,562,693
Liabilities$95,847
Net Assets$9,466,846
Open 2025 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $371,6692011Expenses 2012: $305,9922012Expenses 2013: $398,3182013Revenue 2014: $880,715Expenses 2014: $1,478,645Net Income 2014: -$597,9302014Revenue 2015: $866,182Expenses 2015: $450,656Net Income 2015: $415,5262015Revenue 2016: $1,105,543Expenses 2016: $803,133Net Income 2016: $302,4102016Revenue 2017: $735,664Expenses 2017: $618,905Net Income 2017: $116,7592017Revenue 2018: $479,625Expenses 2018: $526,616Net Income 2018: -$46,9912018Revenue 2019: $1,271,371Expenses 2019: $523,042Net Income 2019: $748,3292019Revenue 2020: $1,113,513Expenses 2020: $1,833,892Net Income 2020: -$720,3792020Revenue 2021: $1,773,684Expenses 2021: $1,596,900Net Income 2021: $176,7842021Revenue 2022: $1,226,254Expenses 2022: $824,833Net Income 2022: $401,4212022Revenue 2023: $1,271,248Expenses 2023: $1,077,279Net Income 2023: $193,9692023Revenue 2024: $1,553,517Expenses 2024: $944,746Net Income 2024: $608,7712024Revenue 2025: $1,064,617Expenses 2025: $582,873Net Income 2025: $481,7442025

Highlighted filing

2025

Revenue$1,064,617
Expenses$582,873
Net Income$481,744
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,562,693
Liabilities
$95,847
Net assets
$9,466,846
Revenue
$1,064,617
Expenses
$582,873
Net income
$481,744
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$0.10$9.47$1.06$0.58$0.48
2024Summary only. Only limited summary data is available for this year.$8.79$0.08$8.71$1.55$0.94$0.61
2023Summary only. Only limited summary data is available for this year.$7.86$0.15$7.71$1.27$1.08$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$0.08$7.33$1.23$0.82$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.90$0.09$7.81$1.77$1.60$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$0.02$6.82$1.11$1.83$0.72
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.80$0.01$7.79$1.27$0.52$0.75
2018Summary only. Only limited summary data is available for this year.$6.88$0.01$6.86$0.48$0.53$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.80$0.01$6.79$0.74$0.62$0.12
2016Detailed filing. Detailed filing data is available for this year.$6.69$0.16$6.53$1.11$0.80$0.30
2015Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$0.87$0.45$0.42
2014Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$0.88$1.48$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$0.00$5.85$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.00$5.80$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.00$4.99$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 23, 2025
Return Version
2024v5.0
Gross Receipts
$1,568,082
Mission and Program Overview

Mission

Colby community college endowment foundation exists to support colby community college through performance of three fundamental functions: (1) raise funds, (2) raise friends, (3) and invest and disburse funds. The purpose of the generated income from the funds is to create money that will be used for scholarships, departmental programs, faculty development and overall enrichment of the college itself.

To raise private sector funds by providing leadership and to responsibly manage gifts to benefit educational opportunities and initiatives of colby community college. A strong scholarship program is available to promote academic excellence and develop student leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,649,875$7,302,137▲ $652,262
Savings and Temporary Cash Investments$1,463,637$1,787,400▲ $323,763
Land, Buildings, and Equipment, Net$371,895$371,895→ $0
Investments Other Securities$25,042$27,127▲ $2,085
Prepaid Expenses and Deferred Charges$206$525▲ $319
Total Assets$8,788,221$9,562,693▲ $774,472
Other Assets Total$277,566$73,609▼ $203,957
Liabilities
Accounts Payable and Accrued Expenses$77,726$95,847▲ $18,121
Total Liabilities$77,726$95,847▲ $18,121
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,126,720$8,981,992▲ $855,272
Net Assets Without Donor Restrictions$583,775$484,854▼ $98,921
Total Net Assets Fund Balance$8,710,495$9,466,846▲ $756,351
Total Liabilities and Net Assets / Fund Balance$8,788,221$9,562,693▲ $774,472

Asset Categories

AssetBook ValueDepreciationBasis
Land$371,895-$371,895

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,068,036$398,430▲ $604,916$193,828$7,877,554
2023$6,449,823$138,587▲ $656,085$176,459$7,068,036
2022$6,106,774$204,871▲ $315,604$177,425$6,449,823
2021$6,534,138$101,336▼ $396,906$132,794$6,106,774
2020$5,614,296$117,473▲ $942,917$140,548$6,534,138
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Vernon HurdPresident
Melissa RickfordExecutive Di
Cory SwartzMember
Melissa SirutaMember
Josh RyanSecretary/tr
Lynette AndreggVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$478,209
Program Service Revenue
$0
Investment Income
$441,178
Other Revenue
$145,230
All Other Contributions
$340,608
Change in Net Assets
$481,744

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table500$41,664Resale Value
Clothing and Household Goods-$6,464Resale Value
Food Inventory11$3,459Resale Value
Books and Publications-$917Resale Value
Works of Art1$37Resale Value
Total Noncash Contributions512$52,541-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,165,398
Revenue Not Reported on Financial Statements
$-100,781
Revenue Not Reported on Form 990
$388,387
Other Revenue Adjustments
$-100,781
Total Revenue per Audited Statements
$1,553,785
Total Revenue per Form 990
$1,064,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$484,098
Other Expenses$98,775
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$281,730--$281,730
Grants to Domestic Individuals$202,368--$202,368
Fees for Services Accounting-$56,295-$56,295
Office Expenses-$29,586-$29,586
Other Expenses-$3,210-$3,210
Travel-$2,777-$2,777
Insurance-$1,257-$1,257
Advertising-$50-$50
Total Functional Expenses$484,098$98,775$0$582,873

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$797,434
Expenses per Audited Statements$683,654
Total Expenses per Form 990$582,873
Expenses Not Reported on Form 990$113,780
Expenses Not Reported on Financial Statements$-100,781
Other Expense Adjustments$-100,781
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colby Community CollegeColby, KS-School Activities$261,401
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$182,204
Fundraising Direct Expenses$48,240
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$172,570$120,029$20,771$99,258
Organizational$62,175$62,175$1,628$60,547
Total Events$234,745$182,204$48,240$133,964
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A copy of the tax form 990 and supplemental schedules are presented to the board members. A copy of these reports are left with the organization for a more detailed review. If no additional changes or questions aries, then they are approved by the board and noted in the mintues. Approximately 5 members.”

Form 990, Page 6, Part VI, Line 12C

“The board of directors monitor any changes in related parties on an annual basis and continually as needed.”

Form 990, Page 6, Part VI, Line 19

“These documents are available upon request at colby community college endowment foundation's office.”

Filing and Contact Details

Filer

Filer Name
Colby Community College Endowment
EIN
48-6119870
Phone
7854604684
Address
1255 S RANGE AVE, COLBY, KS 67701

Signing Officer

Name
Vernon Hurd
Title
President
Phone
7854605482
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Rickford
Formed
1965
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
44

Preparer

Firm
Wcc Inc
Address
PO BOX 638, SHARON SPRINGS, KS 67758-0638
Preparer
Cindy L Tustin
Phone
7852629707
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Colby community college endowment foundation exists to support colby community college through performance of three fundamental functions: (1) raise funds, (2) raise friends, (3) and invest and disburse funds. The purpose of the generated income from the funds is to create money that will be used for scholarships, departmental programs, faculty development and overall enrichment of the college itself.”

Form 990, Page 2, Part III, Line 4D

“Supplies and other various project expenses that enhance the educational experiences of the students at colby community college.”

Form 990, Part XI, Line 9

“Fundraising expenses netted with revenue on return 100,781 fundraising expenses netted with revenue on return -100,781”

Financial Statement Notes

Schedule D, Page 3, Part X

“The foundation follows fasb asc topic 740, income taxes related to uncertain tax positions, which prescribes a recognition threshold and measurement attributable for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The foundation did not have any material uncertain tax positions as of june 30, 2025 and 2024. Tax years with open statutes of limitations are 2022 and forward.”

Schedule D, Page 4, Part XI, Line 4B

“Fundraising expenses netted with revenue on return -100,781”

Schedule D, Page 4, Part XII, Line 4B

“Fundraising expenses netted with revenue on return -100,781”

Raw XML AppendixShowing 400 of 548 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOLLOWS FASB ASC TOPIC 740, INCOME TAXES RELATED TO UNCERTAIN TAX POSITIONS, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTABLE FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION DID NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024. TAX YEARS WITH OPEN STATUTES OF LIMITATIONS ARE 2022 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED WITH REVENUE ON RETURN -100,781
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NETTED WITH REVENUE ON RETURN -100,781
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS ENROLLED AT COLBY COMMUNITY COLLEGE. THE RECIPIENTS ARE SELECTED BASED UPON THE DONOR CRITERIA ESTABLISHED FOR THE RESPECTIVE SCHOLARSHIPS.
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