DELTA COLLEGE FOUNDATION

EIN: 382274366 501(c)(3) Education

UNIVERSITY CENTER, MI

Total Revenue
$3,811,788
Total Expenses
$2,515,530
Total Assets
$39,225,918
Net Assets
$31,692,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MI
Principal Officer
PAMELA N CLARK
Phone
9896869225
Tax Period
2024-07-01 to 2025-06-30

DELTA COLLEGE FOUNDATION, founded in 1979, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 34% operating margin.

Mission

THE DELTA COLLEGE FOUNDATION MISSION IS TO "CHANGE LIVES BY SUPPORTING OPPORTUNITIES AND INNOVATION AT DELTA COLLEGE."

Program Service Accomplishments

Program 1
Expenses: $1,037,974

ENDOWMENT FUND EXPENDITURES CONSISTED OF CASH TRANSFERS TO DELTA COLLEGE FOR INVESTMENT INTO THE COLLEGE ENDOWMENT FUND. THIS YEAR ONE NEW FUND WAS ESTABLISHED AND MANY DONORS CONTRIBUTED TO...

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ENDOWMENT FUND EXPENDITURES CONSISTED OF CASH TRANSFERS TO DELTA COLLEGE FOR INVESTMENT INTO THE COLLEGE ENDOWMENT FUND. THIS YEAR ONE NEW FUND WAS ESTABLISHED AND MANY DONORS CONTRIBUTED TO PREVIOUSLY EXISTING FUNDS. THE ENDOWMENT FUND GENERATED OVER 1.04 MILLION IN DISTRIBUTIONS THAT SUPPORTED SCHOLARSHIPS, ACHIEVEMENT AWARDS AND SEVERAL EDUCATIONAL PROGRAMS. APPROXIMATELY 600,000 WAS DISTRIBUTED TO DELTA COLLEGE FOR STUDENT SCHOLARSHIPS AND AWARDS WHICH PROVIDED ABOUT 600 SCHOLARSHIPS. THE LARGEST SINGLE DISTRIBUTION OF 110,700 WHICH SUPPORTS THE POSSIBLE DREAM PROGRAM. ANOTHER LARGE DISTRIBUTION OF 104,900 SUPPORTS A TRAVELING STEM CLASSROOM THAT PROVIDES MEMORABLE LEARNING EXPERIENCES. THIS OUTREACH PROGRAM IS HOUSED IN A STATEOFTHEART BUS THAT TRAVELED THROUGHOUT THE GREAT LAKES BAY REGION TO NUMEROUS SCHOOLS AND EVENTS DURING THE YEAR. ENDOWMENT FUND DISTRIBUTIONS ALSO PROVIDED SUPPORT TO THE COLLEGE'S PUBLIC BROADCASTING STATIONS, SPEAKER SERIES FUNDING AND SEVERAL TEACHING CHAIR AWARDS.

Program 2
Expenses: $929,946

EDUCATIONAL EXPENDITURES INCLUDED PURCHASES OF SUPPLIES FOR CLASSROOM USE, TRANSFERS OF CASH FOR NONENDOWED SCHOLARSHIPS AND TRANSFERS OF DONATED EQUIPMENT FOR INSTRUCTIONAL PURPOSES. SUPPLIES...

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EDUCATIONAL EXPENDITURES INCLUDED PURCHASES OF SUPPLIES FOR CLASSROOM USE, TRANSFERS OF CASH FOR NONENDOWED SCHOLARSHIPS AND TRANSFERS OF DONATED EQUIPMENT FOR INSTRUCTIONAL PURPOSES. SUPPLIES PURCHASED INCLUDED MEDICAL EQUIPMENT AND DENTAL HYGIENE CONSUMABLES. DONATED EQUIPMENT INCLUDED DIESEL ENGINES AND 10 ENGINES, 3 TRANSMISSION, A VEHICLE, AND A ROBOT FOR TECHNICAL TRADES & MANUFACTURING DIVISION. OTHER ITEMS DONATED INCLUDED A PHOTOBOOTH FOR CHOCOLATE AFFAIR, PARKING LOT FOR THE SAGINAW CENTER, AND FOLK ART FOR THE FOUNDATION. THE FOUNDATION ALSO PUBLISHED TWO ISSUES OF A MAGAZINE, "JOURNEYS", THAT HIGHLIGHTS EDUCATIONAL PROGRAMS AT DELTA COLLEGE, SPECIAL EVENTS AND PERSONAL SUCCESS STORIES. IT WAS MAILED TO APPROXIMATELY 55,000 HOUSEHOLDS IN THE GREAT LAKES BAY REGION. THESE EXPENDITURES BENEFITTED STUDENTS AND STAFF IN THE COLLEGE COMMUNITY AND RESIDENTS WHO LIVE IN THE SURROUNDING AREA.

Program 3
Expenses: $59,730

NONACADEMIC STUDENT ASSISTANCE PROVIDED EMERGENCY SUPPORT TO DELTA COLLEGE STUDENTS WHO WERE ATTENDING CLASSES, BUT HAD BARRIERS THAT THREATENED THEIR ABILITY TO SUCCESSFULLY COMPLETE THEIR COURSES...

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NONACADEMIC STUDENT ASSISTANCE PROVIDED EMERGENCY SUPPORT TO DELTA COLLEGE STUDENTS WHO WERE ATTENDING CLASSES, BUT HAD BARRIERS THAT THREATENED THEIR ABILITY TO SUCCESSFULLY COMPLETE THEIR COURSES. ASSISTANCE INCLUDED PAYMENTS FOR RENT, UTILITIES, VEHICLE REPAIRS, GROCERIES AND REFURBISHED COMPUTERS TO HELP THEM COMPLETE THE SEMESTER. ALL STUDENTS WHO RECEIVED AID WERE REFERRED BY COLLEGE FACULTY OR STAFF. APPROXIMATELY 329 STUDENTS RECEIVED EMERGENCY ASSISTANCE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,231,700
Program Service Revenue $0
Investment Income $1,617,098
Other Revenue $-37,010
TOTAL REVENUE $3,811,788

Expense Breakdown

Grants Paid $1,860,992
Salaries & Benefits $0
Fundraising Expenses $135,773
Program Expenses $2,027,650
Other Expenses $654,538
TOTAL EXPENSES $2,515,530

Year-over-Year Comparison

2024 2023 Change
Revenue $3,811,788 $3,375,144 +0.1%
Expenses $2,515,530 $1,984,977 +0.3%
Net Income $1,296,258 $1,390,167 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
24
Independent Members
21
Employees
N/A
Volunteers
228

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
3
$803,468
Total Directors
25
$803,468
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL H GAVIN SECRETARY 3.00
Officer Director
$0 $53,128 $371,046
PAMELA N CLARK EXECUTIVE DI 15.00
Officer Director
$0 $66,787 $222,241
JONATHAN FOCO TREASURER 2.00
Officer Director
$0 $76,710 $210,181
PAUL J BARBEAU CHAIR 1.00
Director
$0 $0 $0
BROOKE L BEEBE DIRECTOR 1.00
Director
$0 $0 $0
OCTAVIA WALTERS CABY DIRECTOR 1.00
Director
$0 $0 $0
TODD CLEMENTS DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN M DENAY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD J DOLINKSI DIRECTOR 1.00
Director
$0 $0 $0
HEATHER L GALLEGOS VICE CHAIR 1.00
Director
$0 $0 $0
STACY L GANNON DIRECTOR 1.00
Director
$0 $0 $0
BARBARA M HANDLEY-MILLER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL L HANISKO DIRECTOR 1.00
Director
$0 $0 $0
HERBERT A SPENCE III IMMEDIATE PA 1.00
Director
$0 $0 $0
KARL T IEUTER DIRECTOR 1.00
Director
$0 $0 $0
PATRICE M LANCZAK DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN E LAUDERBACH DIRECTOR 1.00
Director
$0 $0 $0
EDWARD M LESNIAK DIRECTOR 1.00
Director
$0 $0 $0
ROSLYN E MCQUEEN DIRECTOR 1.00
Director
$0 $0 $0
GUY C MOULTHROP DIRECTOR 1.00
Director
$0 $0 $0
MAGEN M SAMYN DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA A SHAHEEN DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS THOMAS DIRECTOR 1.00
Director
$0 $0 $0
MARCIA L THOMAS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIAN A VELASQUEZ DIRECTOR 1.00
Director
$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 $3,811,788 $2,515,530 $39,225,918 $1,296,258
2024 $3,375,144 $1,984,977 $36,220,495 $1,390,167
2023 $1,704,241 $2,119,076 $1,597,305 $-414,835
2022 $2,619,212 $2,621,264 $1,992,755 $-2,052
2021 $1,572,172 $6,781,218 $1,983,404 $-5,209,046
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