MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION (EIN 411288502) - 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

1977

Legal Domicile

Principal Officer

STEPHANIE HAMMES-BETTI

Phone

6129640527

Tax Period

2024-07-01 to 2025-06-30

MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION, founded in 1977, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $849K, a strong 42% operating margin.

Mission

THE MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION HELPS SOLVE ISSUES OF AFFORDABILITY AND ACCESS TO HIGHER EDUCATION THROUGH SCHOLARSHIPS AND INITIATIVES THAT SUPPORT STUDENTS, ENHANCE THE READINESS OF OUR WORKFORCE AND SUPPORT THE STRATEGIC PRIORITIES OF THE COLLEGE.

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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 $1,396,787

Program Service Revenue $0

Investment Income $631,956

Other Revenue $0

TOTAL REVENUE $2,028,743

Expense Breakdown

Grants Paid $1,038,285

Salaries & Benefits $0

Fundraising Expenses $22,118

Program Expenses $1,038,785

Other Expenses $140,986

TOTAL EXPENSES $1,179,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,028,743	$1,021,916	+1.0%
Expenses	$1,179,271	$1,116,850	+0.1%
Net Income	$849,472	$-94,934	-9.9%

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

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

$116,265

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE HAMMES-BETTI	PRESIDENT	1.54	Officer Director	$0	$0	$0
CHUCK MALKERSON	BOARD MEMBER	1.92	Director	$0	$0	$0
RAMONA HARRISTHAL	SECRETARY	1.98	Officer Director	$0	$0	$0
JAMAL JAMES	BOARD MEMBER	0.04	Director	$0	$0	$0
PETER MCLAUGHLIN	BOARD MEMBER	0.58	Director	$0	$0	$0
RACHEL JOHNSON	VICE PRESIDENT	0.67	Officer Director	$0	$0	$0
LINDA SATORIUS	BOARD MEMBER	0.77	Director	$0	$0	$0
PETE MATHIESON	TREASURER	0.96	Officer Director	$0	$0	$0
MICHAEL DORSEY	BOARD MEMBER	0.68	Director	$0	$0	$0
CALVIN STEWART	BOARD MEMBER	0.48	Director	$0	$0	$0
CAROLYN HALL II	BOARD MEMBER	1.92	Director	$0	$0	$0
BEVERLY WADSWORTH	FOUNDATION DIRECTOR THRU MAR 2025	40.00	Officer	$0	$6,729	$116,265
FAITH ROSS	FOUNDATION DIRECTOR BEG MAY 2025	40.00	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	$2,028,743	$1,179,271	$10,448,112	$849,472
2024	$1,021,916	$1,116,850	$7,560,431	$-94,934
2023	$1,180,597	$1,376,684	$7,159,814	$-196,087
2022	$2,330,993	$1,251,459	$7,090,729	$1,079,534
2021	$1,561,179	$642,906	$7,460,221	$918,273
2020	$1,180,138	$651,791	$5,177,105	$528,347
2019	$795,044	$760,915	$5,139,192	$34,129
2018	$1,679,765	$951,948	$4,922,588	$727,817

MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION