FOX VALLEY TECHNICAL COLLEGE FOUNDATION INC

EIN: 391264389 501(c)(3)

APPLETON, WI

Total Revenue
$6,165,979
Total Expenses
$3,439,235
Total Assets
$29,814,030
Net Assets
$28,963,939
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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
1976
Legal Domicile
WI
Principal Officer
MICHELE NEVINS
Phone
9207355608
Tax Period
2024-07-01 to 2025-06-30

FOX VALLEY TECHNICAL COLLEGE FOUNDATION INC, founded in 1976, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 44% operating margin.

Mission

PARTNERING WITH FVTC TO CULTIVATE COMMUNITY RELATIONSHIPS AND PHILANTHROPIC SUPPORT THAT ENHANCE THE MISSION AND VISION OF FVTC.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,441,439
Program Service Revenue $564,344
Investment Income $1,167,740
Other Revenue $-7,544
TOTAL REVENUE $6,165,979

Expense Breakdown

Grants Paid $2,565,889
Salaries & Benefits $521,178
Fundraising Expenses $157,268
Program Expenses $2,867,854
Other Expenses $352,168
TOTAL EXPENSES $3,439,235

Year-over-Year Comparison

2024 2023 Change
Revenue $6,165,979 $3,377,779 +0.8%
Expenses $3,439,235 $2,536,609 +0.4%
Net Income $2,726,744 $841,170 +2.2%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
100

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
7
$102,017
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HOOYMAN PRESIDENT 0.75
Officer Director
$0 $0 $0
MICHELE NEVINS VICE PRESIDENT 0.65
Officer Director
$0 $0 $0
JONATHAN FISCHER PAST PRESIDENT 0.65
Officer Director
$0 $0 $0
SUSAN ZIMA SECRETARY 0.65
Officer Director
$0 $0 $0
JOHN WAGNER TREASURER 0.65
Officer Director
$0 $0 $0
PHIL SABEE MEMBER-AT-LARGE 0.65
Officer Director
$0 $0 $0
PATRICK AMBROSO DIRECTOR 0.50
Director
$0 $0 $0
JACKIE ANHALT DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH COLEMAN DIRECTOR 0.50
Director
$0 $0 $0
IGNACIO CORTINA DIRECTOR 0.50
Director
$0 $0 $0
AMANDA ELLIOTT DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL HILT DIRECTOR 0.50
Director
$0 $0 $0
MAGGIE KAUER DIRECTOR 0.50
Director
$0 $0 $0
NICOLE LEHR DIRECTOR 0.50
Director
$0 $0 $0
REBECCA BOULANGER EXECUTIVE DIRECTOR 26.00
Officer
$86,666 $15,351 $102,017
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 $6,165,979 $3,439,235 $29,814,030 $2,726,744
2024 No data No data No data No data
2023 $2,720,498 $2,246,306 $24,039,562 $474,192
2022 $4,572,788 $3,212,032 $22,318,874 $1,360,756
2021 $3,860,833 $2,114,727 $24,609,934 $1,746,106
2020 $2,621,149 $2,153,817 $20,669,964 $467,332
2019 $3,151,249 $2,259,713 $19,958,243 $891,536
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