PLATINUM2024

Yavapai College Foundation

Prescott, AZ   |  https://yc.edu/ycf

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GuideStar Charity Check

Yavapai College Foundation

EIN: 23-7232985


Mission

Since 1971, the Yavapai College Foundation (YCF) has supported Yavapai College in fulfilling its mission to provide high-quality, cost-effective education. YCF supports student scholarships, faculty development and programs that enrich both campus and community life.

Ruling year info

2014

Executive Director

Ms. Mary E. Talosi

Main address

1100 E Sheldon St

Prescott, AZ 86301 USA

Show more contact info

EIN

23-7232985

Subject area info

Education

Population served info

Multiracial people

Retired people

Academics

Military personnel

Emergency responders

Show more populations served

NTEE code info

Single Organization Support (B11)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Yavapai College Foundation (YCF) has a core purpose of building resources and community awareness to make the strategic goals of Yavapai College a reality. As the College embarks on a new strategic initiative, YCF has created a plan to directly support the College's objectives and be prepared to make the necessary and quick changes in the future that may be needed to create a successful journey for students and our programs.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Student Scholarships

Yavapai College Foundation has more than 250 annual and endowed scholarships that serve Yavapai College students on an annual basis, allowing our donors to make an immediate impact in students' lives or assist current and future generations of YC students by establishing a perpetual fund.

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollars received in contributions

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Average online donation

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Average number of dollars received per donor

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Average number of dollars given by new donors

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of new donors

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of overall donors

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

Student Scholarships

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Goal Area: Leadership development and team building
For YCF to be productive as a team, we must work from the concentric circle outwards. By investing in our people and sharing the College's goals, we can raise the money and awareness that is needed from our community both internally and externally.

Goal Area: Financial Performance
No plan is complete without clear benchmarks for success. Annually we prepare a budget based on what we know from the past and what we think the future holds. The important factor in these goals is that they can be built upon each year. These past few months, the entire staff has become more involved in the budget process, providing the plan with a more realistic view and sense of ownership for the staff and board.

Goal Area: External Communications and Outreach
It is time for the Yavapai College community to get to know the Yavapai College Foundation. We need to partner with the academic programs, faculty, and staff to fundraise in a 360-degree format.

Goal Area: Accountability
For every goal, there needs to be a measurement. As we progress through the year, we will be continually assessing our achievements, areas for improvement, and determining if the needs of the College have changed. We will also ensure that a donor's intent is being respected and that there is transparency to our policies and procedures.

In summary, the approach is simple: open communication, clearly defined goals, and the ability to assess and re-assess as we go along. Nothing is set-in-stone except one thing. Everyone on the team (staff, board, YC employees) must work in concert for one common goal: student success.

Goal Area: Leadership development and team building
1. Define board commitments relative to legacy gifts, endowed scholarships, annual giving, and making connections.
2. Initiate Board recruitment targeted at skill sets that meet our areas of need.
3. Create additional opportunities for Board and staff for networking, committee collaboration, project and volunteer events.
4. Build professional development plans for each employee.
5. Build defined succession plans for employees.
6. Cross-train employees.

Goal Area: Financial Performance
1. Grow the endowment.
2. Increase corporate sponsorships.
3. Prioritize legacy giving.
4. Launch a comprehensive fundraising program for Athletics.
5. Develop alumni scholarships.
6. Focus on donor stewardship and retention.
7. Encourage upgraded gifts.

Goal Area: External Communications and Outreach
1. Provide fundraising training to faculty and staff of Yavapai College.
2. Host opportunities to get to know the Foundation.
3. Rebrand the Foundation.
4. Host events planned around the Yavapai College Foundation 50-year anniversary.

Goal Area: Accountability
1. Focus on portfolio management, training and database health in the Raiser's Edge platform.
2. Successfully complete the annual external audit.
3. Publish an Annual Report to Yavapai College Foundation stakeholders.
4. Increase the annual scholarship allocation for Yavapai College students.

A talented, dedicated staff who work together as a team, each contributing from their own area of expertise. A working Board of Directors, who support education and are engaged in the community, ambassadors for Yavapai College and the excellence of its programs. A collaborative relationship with Yavapai College leadership, faculty, and program staff that keeps us all focused on student success. Flexibility and nimbleness that allows Yavapai College Foundation to shift priorities when unforeseen opportunities arise and marshal the necessary support to help Yavapai College always move forward, to do more and be more.

During FY 2023:

1. The value of YCF's endowment grew to $20,169,361, an increase of $3,815,972.

2. $2.7 million was raised in support of Yavapai College students and programs.

3. YCF posthumously honored the "Mother of Yavapai College," Opal Allen at an event attended by Opal's family friends and many from the Yavapai College community.

4. YCF hosted an expanded Alumni Reunion Weekend which brought Yavapai College alumni and community members together for a variety of events, including alumni mixers, Yavapai College athletic events, a golf tournament fundraiser, a fun run, a YC Alumni Small Business Summit and more. One of the weekend's highlights was the Roughrider Athletic Association Hall of Fame Brunch with the induction of baseball coach, Jim McKaskle, individual players, Haley Shackelford (volleyball), Kevin Jeffrey (soccer), and Jenna Rodriguez (softball), as well as the 1997 men's soccer team and the 1982-83 women's basketball team.

5. Fundraising staff took a "listening tour" through the academic departments, to interact with Yavapai College department and division leadership and hear how Yavapai College Foundation might support them in reaching their goals.

6. Fundraising plans were developed for each Roughrider Athletics sport and coach.

7. YCF presented a 3-part series on "Planned Giving and Aging" to Osher Lifelong Learning Institute (OLLI) students.

8. YCF launched the "Heart of YC" Employee Giving Campaign and grew the number of Yavapai College employee donors by 80%.

9. We put the pandemic in the review mirror and brought back the annual Legacy League and Scholarship Receptions, bringing our donors and students face to face again, to celebrate past, present and future successes.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Yavapai College Foundation
Fiscal year: Jul 01 - Jun 30
Financial documents
2023 Yavapai College Foundation
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

12.70

Average of 17.66 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

3.8

Average of 3.4 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

0%

Average of 2% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Yavapai College Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Yavapai College Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Yavapai College Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Yavapai College Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $493,878 -$89,672 $410,332 -$665,268 $115,507
As % of expenses 13.7% -3.6% 18.0% -23.8% 3.6%
Unrestricted surplus (deficit) after depreciation $493,878 -$89,672 $410,332 -$670,235 $108,494
As % of expenses 13.7% -3.6% 18.0% -24.0% 3.4%
Revenue composition info
Total revenue (unrestricted & restricted) $5,311,281 $3,200,236 $2,175,332 $4,441,364 $5,248,730
Total revenue, % change over prior year 121.3% -39.7% -32.0% 104.2% 18.2%
Program services revenue 11.8% 21.5% 1.9% 12.9% 17.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 7.4% 13.3% 21.1% 11.8% 10.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 62.2% 63.0% 56.4% 71.8% 66.9%
Other revenue 18.7% 2.2% 20.6% 3.4% 5.6%
Expense composition info
Total expenses before depreciation $3,615,476 $2,493,449 $2,284,940 $2,792,404 $3,174,027
Total expenses, % change over prior year 57.5% -31.0% -8.4% 22.2% 13.7%
Personnel 9.5% 14.2% 15.6% 14.8% 13.9%
Professional fees 1.3% 2.3% 2.9% 3.0% 2.9%
Occupancy 0.4% 0.5% 0.1% 0.2% 0.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 67.4% 59.3% 77.0% 65.3% 63.3%
All other expenses 21.3% 23.8% 4.5% 16.8% 19.6%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $3,615,476 $2,493,449 $2,284,940 $2,797,371 $3,181,040
One month of savings $301,290 $207,787 $190,412 $232,700 $264,502
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $30,097
Total full costs (estimated) $3,916,766 $2,701,236 $2,475,352 $3,030,071 $3,475,639

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 2.3 4.5 2.1 4.1 3.8
Months of cash and investments 56.4 88.4 119.5 86.2 87.8
Months of estimated liquid unrestricted net assets 5.9 8.1 11.0 6.1 5.7
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $678,001 $944,973 $404,143 $962,631 $993,928
Investments $16,315,712 $17,429,947 $22,340,612 $19,094,022 $22,220,611
Receivables $1,205,577 $745,823 $336,360 $1,344,095 $1,891,629
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $35,064
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 34.2%
Liabilities (as a % of assets) 5.8% 5.5% 4.3% 7.5% 7.1%
Unrestricted net assets $1,766,280 $1,676,608 $2,086,940 $1,416,705 $1,525,199
Temporarily restricted net assets $4,905,256 N/A N/A N/A N/A
Permanently restricted net assets $10,930,333 N/A N/A N/A N/A
Total restricted net assets $15,835,589 $16,829,039 $20,530,355 $18,872,001 $22,323,946
Total net assets $17,601,869 $18,505,647 $22,617,295 $20,288,706 $23,849,145

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization

Executive Director

Ms. Mary E. Talosi

Mary Talosi was named Executive Director for the Yavapai College Foundation on May 12, 2021. Mary joined the Foundation in 2016. She spent almost a decade as the operations director for Anacortes Chamber of Commerce, leading a high-paced office of more than 40 volunteers managing marketing, budgeting, human resources, special events and customer service activities. In addition, Mary spent 18 years in the healthcare industry as a marketing and sales leader. She and her family moved to Prescott in 2015 to be closer to family. Mary graduated from Western Washington University with a Bachelor of Arts in Communications and holds numerous professional certifications.

Number of employees

Source: IRS Form 990

Yavapai College Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Yavapai College Foundation

Board of directors
as of 02/26/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Marnie Uhl

Prescott Valley Chamber of Commerce

Term: 2023 - 2024

Julia Ammons

Essence Kitchen + Bar

William Anderson

Anne Barton

Debra Brown

Dennis Cassady

Clint Ewell

Yavapai College

Janelle Goligoski

Rodney Jenkins

Yavapai College

Janet Jones

Yavapai Prescott Indian Tribe

Linda Mast

Tracey McCollum

Dignity Health/Yavapai Regional Medical Center

Joan Meyers

Donald Michelman

Roger Palmenberg

Lisa Rhine

Yavapai College

April Rhodes

Spectrum Healthcare

Zane Shepard

YC Student Government Association

William Sonsin

Jeff Spohn

Deanna Tarrant

Foothills Bank

Marnie Uhl

Prescott Valley Chamber of Commerce

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No