Indian River State College Foundation
Indian River State College Foundation reported $16.3 million in revenue and $13.5 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $81.82 went to program services, $14.61 to management and general costs and $3.57 to fundraising. Its largest source of revenue was contributions and grants: 60.3% of the total. The highest compensation it reported for one person was $606,047 (IRSC PRESIDE). Revenue rose 226% between FY2020 and FY2025. Source: Form 990, FY2025 (3 mo.).
Where $100 of spending went
The 3-month short period ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 3-month short period ending June 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 60.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 6.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $606,047 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.50% | 1.28% |
| People paid over $100,000 Part VII, line 2 | Not reported | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 134.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 (3 mo.) · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 (3 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here7 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 (3 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
FY2025 (3 mo.) · Form 990, Part VII, Section B · businesses only| PUBLIC SCHOOL DEVELOPMENT SOLUTIONS LLC Construction | $1,387,424 |
| BALLARD PARTNERS Lobbying svcs | $150,000 |
| THE P5 GROUP LLC Lobbying svcs | $110,000 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
21 private foundations reported grants to Indian River State College Foundation totaling $4.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Indian River State College Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Indian River State College Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Indian River State College Foundation spent in FY2025, $81.82 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- International Studies Charter High SchoolMiami, FL · revenue $16M · programs 86.1% · FY2025
- Central Valley Christian School SocietyVisalia, CA · revenue $16M · programs 80.8% · FY2025
- Hope Community AcademySt Paul, MN · revenue $16M · programs 90.3% · FY2025
- Alpine Education ServicesHouston, TX · revenue $16M · programs 96.6% · FY2025
- United States Deputy Sheriffs' AssociationWichita, KS · revenue $16M · programs 30.6% · 2025
Questions people ask
How much of Indian River State College Foundation's spending goes to programs?
In the fiscal year ending March 31, 2025, Indian River State College Foundation reported that 81.8% of its $13.5 million in expenses went to program services, 14.6% to management and general and 3.6% to fundraising (Form 990, Part IX).
How much does Indian River State College Foundation pay its top executive?
The largest total compensation Indian River State College Foundation reported for one person in the fiscal year ending March 31, 2025 was $606,047, for the role of IRSC PRESIDE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Indian River State College Foundation get its money?
Of $16.3 million in revenue in the fiscal year ending March 31, 2025, 60.3% came from contributions and grants and 6.9% from program service revenue (Form 990, Part VIII).
Is Indian River State College Foundation a registered charity?
The IRS lists EIN 59-1105591 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025 (3 mo.): Form 990 for the 3-month short period ending June 30, 2025, object 202601359349315285 · read the filing · XML
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202610139349303266 · read the filing
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202540449349302514 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202440449349301889 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202320699349301412 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202121769349300907 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202001779349300220 · read the filing
All filings for EIN 59-1105591: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.