MORGAN COMMUNITY COLLEGE FOUNDATION (EIN 237092582) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Donny Edson

Phone

9705423106

Tax Period

2024-01-01 to 2024-12-31

MORGAN COMMUNITY COLLEGE FOUNDATION, founded in 1970, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

The Foundation is dedicated to securing financial resources for hte growth and development of Morgan Community Collge and promoting a superior environment for learning.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,143,393

Program Service Revenue $0

Investment Income $603,257

Other Revenue $148,365

TOTAL REVENUE $2,895,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,295,235

Other Expenses $3,409,127

TOTAL EXPENSES $3,409,127

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,895,015	$3,510,737	-0.2%
Expenses	$3,409,127	$636,432	+4.4%
Net Income	$-514,112	$2,874,305	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cameron Armagost	Board Member	001.00	Director	$0	$0	$0
Marci Wickham	Board Member	001.00	Director	$0	$0	$0
Geoff Taylor	Treasurer	001.00	Officer Director	$0	$0	$0
Kassie Godo	Board Member	001.00	Director	$0	$0	$0
Donny Edson	President	001.00	Officer Director	$0	$0	$0
Rosie Evans	Board Member	001.00	Director	$0	$0	$0
Melanie Johnson	Board Member	001.00	Director	$0	$0	$0
Raymond Laws	Board Member	001.00	Director	$0	$0	$0
Patti Seiber	Baord Member	001.00	Director	$0	$0	$0
Adrianna Nickell	Vice President	001.00	Officer Director	$0	$0	$0
Robert Sachs	Board Member	001.00	Director	$0	$0	$0
Susan Clough	Secretary/Treasurer	040.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,895,015	$3,409,127	$13,376,138	$-514,112
2023	$3,510,737	$636,432	$13,346,112	$2,874,305
2022	$1,654,850	$1,016,412	$9,505,474	$638,438
2021	$1,725,250	$1,234,538	$10,642,120	$490,712
2020	$1,098,502	$1,189,550	$9,672,402	$-91,048
2019	$1,884,543	$895,833	$8,936,327	$988,710
2018	$1,823,497	$683,733	$7,040,647	$1,139,764

MORGAN COMMUNITY COLLEGE FOUNDATION