Adams State University Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Adams State University Foundation Inc is a 501(c)(3) organization based in Alamosa, Colorado, registered in 1964, with $5,592,625 in FY2024 revenue. CharityIndex grades it B.
208 Edgemont Blvd, Alamosa, CO, 81101 EIN 84-6027518 Since 1964
Revenue (FY2024)
$5.6M
▼ 30.7% vs prior year
Education median: $200K
Expenses (FY2024)
$2.8M
Net assets
$41.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adams State University Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating180 mo reserves · +50% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adams State University Foundation Inc: 180 mo reserves · +50% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Adams State University Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adams State University Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 208 Edgemont Blvd, Alamosa, CO, 81101
- City
- Alamosa
- State
- Colorado
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $2.0M (FY2013) to $5.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $25KNet assets $41.9M
Operating margin
49.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.0M
Total liabilities
$25K
Net assets
$41.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,592,625▼30.7% | $2,802,127▲1.7% | $41,944,752▲9.3% | $41,969,402▲9.1% | 990 |
| 2023 | $8,066,797▲172% | $2,754,093▲6.6% | $38,386,336▲28.3% | $38,478,754▲28.4% | 990 |
| 2022 | $2,962,500▼31.0% | $2,584,111▼2.1% | $29,916,386▲8.0% | $29,975,684▲8.0% | 990 |
| 2021 | $4,294,888▼24.2% | $2,640,015▲15.1% | $27,706,737▼10.8% | $27,757,984▼10.9% | 990 |
| 2020 | $5,663,085▲65.5% | $2,294,097▼11.2% | $31,071,319▲26.6% | $31,147,861▲26.7% | 990 |
| 2019 | $3,421,304▲1.3% | $2,584,233▲7.7% | $24,547,122▲4.5% | $24,585,513▲4.4% | 990 |
| 2018 | $3,378,625▲13.8% | $2,400,220▲16.9% | $23,494,429▲5.8% | $23,547,078▲5.8% | 990 |
| 2017 | $2,968,354▲15.5% | $2,053,797▲5.3% | $22,204,739▲7.8% | $22,257,620▲7.8% | 990 |
| 2016 | $2,569,571▼18.9% | $1,949,936▼4.2% | $20,596,311▲11.8% | $20,637,656▲11.5% | 990 |
| 2015 | $3,169,707▲18.4% | $2,035,181▲8.9% | $18,416,633▲3.1% | $18,508,934▲3.3% | 990 |
| 2014 | $2,678,065▲36.7% | $1,868,709▲13.2% | $17,868,248▲3.6% | $17,923,524▲3.6% | 990 |
| 2013 | $1,958,599 | $1,651,081▼3.7% | $17,252,850▲14.7% | $17,294,873▲14.5% | 990 |
| 2012 | — | $1,714,963 | $15,038,312 | $15,100,333 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $324K total
23 grants to Adams State University Foundation Inc totaling $324K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Colorado Gives Foundation | General purpose | 2024 | $7,678 |
| The Community Foundation Inc | University or private school | 2024 | $7,500 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $25,000 |
| Donor Advised Charitable Giving | Education | 2023 | $9,000 |
| Colorado Gives Foundation | General purpose | 2023 | $5,497 |
| National Philanthropic Tr | Education | 2022 | $20,000 |
| American Online Giving Foundation Inc | General support | 2022 | $6,251 |
| Donor Advised Charitable Giving | Education | 2022 | $5,500 |
| The Blackbaud Giving Fund | General support | 2022 | $5,078 |
| National Philanthropic Tr | Education | 2021 | $10,000 |
| Colorado Gives Foundation | General purpose | 2021 | $5,211 |
| Mile High United Way Inc | Covid | 2020 | $25,000 |
| Colorado Gives Foundation | General purpose | 2020 | $8,772 |
| Charities Aid Foundation America | Charitable donation | 2020 | $6,049 |
| Denver Foundation | The salazar rio grande del norte center | 2019 | $50,000 |
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Frequently asked questions
- Is Adams State University Foundation Inc a legitimate nonprofit?
- Yes. Adams State University Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-6027518, based in Alamosa, Colorado. Donations are tax-deductible.
- What is Adams State University Foundation Inc's EIN?
- Adams State University Foundation Inc's Employer Identification Number (EIN) is 84-6027518.
- How much revenue does Adams State University Foundation Inc report?
- Adams State University Foundation Inc reported $5,592,625 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Adams State University Foundation Inc have?
- CharityIndex grades Adams State University Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Adams State University Foundation Inc (EIN 84-6027518) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.