Nonprofit · EIN 91-1012915
SKAGIT VALLEY COLLEGE FOUNDATION C-12 CAMPUS CENTER BUILDING
Tax-exempt · MOUNT VERNON, WA 98273
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,366,714 | $3,486,667 | $880,047 | $30,860,302 | $490,935 | $30,369,367 |
| June 30, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kathleen Petrzelka | Executive Director Officer | 40 | $109,075 | $24,540 |
| Vhari Rust-Clark | President Trustee or director, Officer | 2 | $0 | $0 |
| John Sternlicht | Vice-President Trustee or director, Officer | 2 | $0 | $0 |
| Brian Gentry | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Danielle Martin | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Janie Beasley | Director Trustee or director | 1 | $0 | $0 |
| Todd Krantz | Director Trustee or director | 1 | $0 | $0 |
| Isaac Williams | Director Trustee or director | 1 | $0 | $0 |
| Margaret Rojas | Director Trustee or director | 1 | $0 | $0 |
| Charlie Wend | Director Trustee or director | 1 | $0 | $0 |
| Dave Ryberg | Director Trustee or director | 1 | $0 | $0 |
| Kathy Doll | Director Trustee or director | 1 | $0 | $0 |
| Nancy Rytand-Carey | Director Trustee or director | 1 | $0 | $0 |
| Tim Rawlins | Director Trustee or director | 1 | $0 | $0 |
| Amy Hong | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kathleen Petrzelka | Executive Director Officer | 40 | $76,539 | $20,250 |
| Anne Clark | Interim ED (Former) Officer | 40 | $35,116 | $7,042 |
| Vhari Rust-Clark | President Trustee or director, Officer | 2 | $0 | $0 |
| John Sternlicht | Vice-President Trustee or director, Officer | 2 | $0 | $0 |
| Brian Gentry | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Danielle Martin | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Janie Beasley | Director Trustee or director | 1 | $0 | $0 |
| Todd Krantz | Director Trustee or director | 1 | $0 | $0 |
| Isaac Williams | Director Trustee or director | 1 | $0 | $0 |
| Margaret Rojas | Director Trustee or director | 1 | $0 | $0 |
| Charlie Wend | Director Trustee or director | 1 | $0 | $0 |
| Dave Ryberg | Director Trustee or director | 1 | $0 | $0 |
| Kathy Doll | Director Trustee or director | 1 | $0 | $0 |
| Nancy Rytand-Carey | Director Trustee or director | 1 | $0 | $0 |
| Tim Rawlins | Director 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
- Website
- www.skagitfoundation.org
- Return prepared by
- WERSEN NONPROFIT CPAS LLC
Mission
Secure donations to enhance education at Skagit Valley College through scholarships, grants, and institutional support.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,366,714 | $3,486,667 | $30,860,302 | XML |
| 990 | June 2024 | $5,201,128 | $3,172,569 | $28,822,945 | XML |
| 990 | June 2023 | $5,969,491 | $2,374,698 | $25,435,050 | IRS |
| 990 | June 2022 | $4,966,852 | $2,304,803 | $21,510,181 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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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