Normandale Community College Foundation Inc

EIN: 411295802 501(c)(3)

Bloomington, MN

Total Revenue
$5,795,975
Total Expenses
$2,199,994
Total Assets
$10,285,200
Net Assets
$10,237,368
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
MN
Principal Officer
Jane E Fenton
Phone
9523588147
Tax Period
2024-07-01 to 2025-06-30

Normandale Community College Foundation Inc, founded in 1977, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 62% operating margin.

Mission

Normandale Community College Foundation engages donors, community partners, and advocates on behalf of the College's work to make excellence in higher education accessible to anyone who wants a college education. We focus on supporting low-income, first-generation students from under resourced and underrepresented communities. The Foundation creates brighter futures for students, families, and communities by funding life-changing scholarships, academic programs, and critical student supports like the College's Campus Cupboard (onsite free grocery store), free laptops and emergency grants. The Foundation also supports the Japanese Garden.

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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 $5,286,041
Program Service Revenue $219,482
Investment Income $297,039
Other Revenue $-6,587
TOTAL REVENUE $5,795,975

Expense Breakdown

Grants Paid $1,403,114
Salaries & Benefits $443,409
Fundraising Expenses $355,923
Program Expenses $1,638,841
Other Expenses $242,268
TOTAL EXPENSES $2,199,994

Year-over-Year Comparison

2024 2023 Change
Revenue $5,795,975 $2,067,323 +1.8%
Expenses $2,199,994 $2,554,202 -0.1%
Net Income $3,595,981 $-486,879 -8.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
5
Volunteers
50

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
5
$146,404
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cyrus Batheja Board Member 1.00
Director
$0 $0 $0
Brenton Braddock Board Member 1.00
Director
$0 $0 $0
Nathan Coulter Board Member 1.00
Director
$0 $0 $0
Trisha Duncan Board Member 1.00
Director
$0 $0 $0
Julie Guelich Board Member 1.00
Director
$0 $0 $0
Jason Moore Board Member 1.00
Director
$0 $0 $0
Aaron Riippa Board Member 1.00
Director
$0 $0 $0
Jim Roots Board Member 1.00
Director
$0 $0 $0
Mark Rosenkranz Board Member 1.00
Director
$0 $0 $0
Hunter Saklad Board Member 1.00
Director
$0 $0 $0
Lindsey Siegfried de Sanchez Board Member 1.00
Director
$0 $0 $0
Jody Thronson Board Member 1.00
Director
$0 $0 $0
Mario Watson Board Member 1.00
Director
$0 $0 $0
Louise Wilson Board Member 1.00
Director
$0 $0 $0
Teresa Biss Chair 1.00
Officer Director
$0 $0 $0
Dan Kampmeyer Chair Elect 1.00
Officer Director
$0 $0 $0
Moses Onyangore Secretary 1.00
Officer Director
$0 $0 $0
Beth Monsrud Treasurer 1.00
Officer Director
$0 $0 $0
Jane Fenton Executive Director 40.00
Officer
$129,434 $16,970 $146,404
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 $5,795,975 $2,199,994 $10,285,200 $3,595,981
2024 $2,067,323 $2,554,202 $6,437,554 $-486,879
2023 $1,872,144 $1,642,247 $6,591,250 $229,897
2022 $2,819,852 $1,122,352 $6,320,511 $1,697,500
2021 $1,175,067 $983,362 $5,291,367 $191,705
2020 $1,133,081 $931,314 $4,722,629 $201,767
2019 $1,944,529 $1,108,803 $4,507,321 $835,726
2018 $1,200,148 $1,137,817 $3,628,750 $62,331
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