ROSEMOUNT, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DAKOTA COUNTY TECHNICAL COLLEGE FOUNDATION, founded in 1983, is a small nonprofit that reported $588K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $757K exceeded revenue, resulting in a 29% operating deficit.
UTILIZE BOARD STRENGTHS AND COMMUNITY CONNECTIONS TO INFLUENCE DCTC IN MAINTAINING RELEVANCY & ATTRACTING & RETAINING STUDENTS WHILE SUPPORTING THEIR RESOURCE & FINANCIAL NEEDS OF CURRENT AND FUTURE STUDENTS IN A MEANINGFUL & SUSTAINABLE WAY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $588,108 | $846,862 | -0.3% |
| Expenses | $756,644 | $1,058,703 | -0.3% |
| Net Income | $-168,536 | $-211,841 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHEN ENGEL | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIRSTIN SERSLAND | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE WESTERENG | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT KADRLIK | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEANNETTE APPOLD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOEL BAHMA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM BJORKLUND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAGGIE BORER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN O'GARA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF SCHOENECKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN SJOLSETH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANKO TAMBAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY ANNE SHAFF | FOUNDATION EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$0 | $0 | $129,173 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $588,108 | $756,644 | $8,389,737 | $-168,536 |
| 2024 | $846,862 | $1,058,703 | $7,615,309 | $-211,841 |
| 2023 | $1,438,777 | $932,342 | $7,035,895 | $506,435 |
| 2022 | $1,074,953 | $971,125 | $6,103,150 | $103,828 |
| 2021 | $717,332 | $532,224 | $6,523,135 | $185,108 |
| 2020 | $786,409 | $515,240 | $5,186,373 | $271,169 |
| 2019 | $734,458 | $561,746 | $4,908,098 | $172,712 |
| 2018 | $727,797 | $548,712 | $4,452,427 | $179,085 |
Compare DAKOTA COUNTY TECHNICAL COLLEGE FOUNDATION with other nonprofits in Minnesota and across the country.