Metropolitan Community College Foundation

EIN: 510181875 501(c)(3) Education

Kansas City, MO

Total Revenue
$3,695,460
Total Expenses
$7,956,513
Total Assets
$24,516,990
Net Assets
$21,258,496
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MO
Phone
8166041130
Tax Period
2024-07-01 to 2025-06-30

Metropolitan Community College Foundation, founded in 1975, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $8.0M exceeded revenue, resulting in a 115% operating deficit.

Mission

THE FOUNDATION SUPPORTS THE MISSION OF THE JUNIOR COLLEGE DISTRICT OF METROPOLITAN KANSAS CITY, MISSOURI DBA THE METROPOLITAN COMMUNITY COLLEGE (MCC) OF PREPARING STUDENTS, SERVING COMMUNITIES, AND CREATING OPPORTUNITIES BY CARRYING OUT CERTAIN CHARITABLE, EDUCATIONAL, LITERACY, AND SCIENTIFIC PURPOSES OF THE COLLEGE.

Program Service Accomplishments

Program 1
Expenses: $6,820,866 Revenue: $0

AS THE NONPROFIT FUNDRAISING ARM FOR MCC, THE FOUNDATION SERVICES OVER 20,000 STUDENTS ANNUALLY BY ADDRESSING THEIR FINANCIAL AND EDUCATIONAL NEEDS THROUGH SCHOLARSHIPS, EDUCATIONAL ENHANCEMENT...

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AS THE NONPROFIT FUNDRAISING ARM FOR MCC, THE FOUNDATION SERVICES OVER 20,000 STUDENTS ANNUALLY BY ADDRESSING THEIR FINANCIAL AND EDUCATIONAL NEEDS THROUGH SCHOLARSHIPS, EDUCATIONAL ENHANCEMENT PROGRAMS, IMPROVEMENT OF LEARNING FACILITIES. MANY PROGRAMS TAKE PLACE ON THE FIVE MCC CAMPUSES AROUND THE METROPOLITAN AREA. THE FLIGHTS OF FANCY ANNUAL KITE FESTIVAL DRAWS 35,000 STUDENTS AND COMMUNITY MEMBERS. THE CHANCELLOR'S MARTIN LUTHER KING, JR. SCHOLARSHIP LUNCHEON BRINGS OVER 1,000+ COMMUNITY REPRRESENTATIVES TO RAISE AWARENESS AND FUNDING SUPPORT FOR SCHOLARSHIPS. ADDITIONALLY, THE FOUNDATION ADMINISTERS SCHOLARSHIPS AND ENDOWMENTS, ATHLETIC, ALUMNI AND DONOR RECOGNITION EVENTS, AND LEADS THE ANNUAL FUNDRAISING CAMPAIGN. OTHER PROJECTS INCLUDE STUDENT EMERGENCY BOOK FUNDS WHICH PROVIDES ASSISTANCE TO STUDENTS IN PURCHASING NEEDED TEXTBOOKS, LAB SUPPLIES, AND OTHER EXPENSES, PROVIDING AWARDS FOR ART SHOWS HELD AT THE CARTER ART CENTER, AND ACTIVITIES AND PROGRAMS HELD ON THE VARIOUS CAMPUSES AND IN THE COMMUNITY THROUGHOUT.

Program 2
Expenses: $1,043,588 Revenue: $0

SCHOLARSHIPS ARE THE SIGNATURE PROGRAM OF THE MCC FOUNDATION PROVIDING FINANCIAL SUPPORT FOR TUITION AND ACADEMIC COACHING FOR STUDENTS WITH FINANCIAL NEED. CLOSE TO 50% OF MCC STUDENTS REQUIRE...

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SCHOLARSHIPS ARE THE SIGNATURE PROGRAM OF THE MCC FOUNDATION PROVIDING FINANCIAL SUPPORT FOR TUITION AND ACADEMIC COACHING FOR STUDENTS WITH FINANCIAL NEED. CLOSE TO 50% OF MCC STUDENTS REQUIRE ASSISTANCE IN ORDER TO REALIZE THEIR DREAMS OF ACHIEVING A HIGHER EDUCATION. MANY STUDENTS RECEIVING FOUNDATION SCHOLARSHIPS ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE AND THE SCHOLARSHIPS HAVE CHANGED THE LIVES OF RECIPIENTS AND THEIR FAMILIES.

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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 $2,873,402
Program Service Revenue $0
Investment Income $1,065,842
Other Revenue $-243,784
TOTAL REVENUE $3,695,460

Expense Breakdown

Grants Paid $7,599,103
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,864,454
Other Expenses $357,410
TOTAL EXPENSES $7,956,513

Year-over-Year Comparison

2024 2023 Change
Revenue $3,695,460 $7,157,366 -0.5%
Expenses $7,956,513 $2,268,362 +2.5%
Net Income $-4,261,053 $4,889,004 -1.9%
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
16
Independent Members
16
Employees
N/A
Volunteers
16

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
$146,758
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH SOUKUP DIRECTOR/CHAIR 3.0
Officer Director
$0 $0 $0
CAROLYN WATLEY DIRECTOR/SECRETARY 3.0
Officer Director
$0 $0 $0
CATHERINE BOLTZ DIRECTOR/BOARD CHAIR DESIGNEE 3.0
Officer Director
$0 $0 $0
ELIZABETH ALEX DIRECTOR/BOARD CHAIR DESIGNEE 3.0
Officer Director
$0 $0 $0
SCOTT DIKEMAN DIRECTOR/TREASURER 3.0
Officer Director
$0 $0 $0
TAMMY EDWARDS DIRECTOR/CHAIR ELECT 3.0
Officer Director
$0 $0 $0
ALLEN DILLINGHAM DIRECTOR 2.0
Director
$0 $0 $0
BRIAN LANCASTER DIRECTOR 2.0
Director
$0 $0 $0
CANDICE BROOKS DIRECTOR 2.0
Director
$0 $0 $0
FAHTEEMA PARRISH DIRECTOR 2.0
Director
$0 $0 $0
JAUQUA PRESTON WILKINS DIRECTOR 2.0
Director
$0 $0 $0
NIKKI BEARD DIRECTOR 2.0
Director
$0 $0 $0
OSCAR MONTEROSSO DIRECTOR 2.0
Director
$0 $0 $0
ROSANA PRIVITERA BIONDO DIRECTOR 2.0
Director
$0 $0 $0
SYLVESTER PEARL III DIRECTOR 2.0
Director
$0 $0 $0
THALIA CHERRY DIRECTOR 2.0
Director
$0 $0 $0
BILLY DUNBAR VP INSTITUTIONAL ADVANCEMENT 40.0
Officer
$0 $36,583 $146,758
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 $3,695,460 $7,956,513 $24,516,990 $-4,261,053
2024 $7,157,366 $2,268,362 $26,603,178 $4,889,004
2023 $2,953,460 $2,355,794 $18,941,458 $597,666
2022 $3,405,477 $5,876,872 $16,663,239 $-2,471,395
2021 $9,069,520 $3,402,607 $21,498,041 $5,666,913
2020 $1,256,263 $1,019,629 $13,563,885 $236,634
2019 $1,134,730 $911,505 $13,859,291 $223,225
2018 $850,207 $1,897,983 $13,423,311 $-1,047,776
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