MCDOWELL TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (EIN 591743773) - 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

MADALYN GAITO

Phone

8286520636

Tax Period

2024-07-01 to 2025-06-30

MCDOWELL TECHNICAL COMMUNITY COLLEGE FOUNDATION INC, founded in 1977, is a small nonprofit that reported $655K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $198K, a strong 30% operating margin.

Mission

TO PROMOTE, DEVELOP AND ENCOURAGE PUBLIC SUPPORT OF MCDOWELL TECHNICAL COMMUNITY COLLEGE. TO SEEK AND RAISE FUNDS AND GIFTS TO PROVIDE TO THE COLLEGE IN ORDER TO ADVANCE THE MISSION AND GOALS 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 $614,132

Program Service Revenue $0

Investment Income $41,032

Other Revenue $0

TOTAL REVENUE $655,164

Expense Breakdown

Grants Paid $445,208

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $445,208

Other Expenses $11,540

TOTAL EXPENSES $456,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$655,164	$764,001	-0.1%
Expenses	$456,748	$205,895	+1.2%
Net Income	$198,416	$558,106	-0.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA AVERY	BOARD MEMBER	0.30	Director	$0	$0	$0
WALT BAGWELL	CHAIRMAN	0.30	Officer Director	$0	$0	$0
MARION BAKER	BOARD MEMBER	0.30	Director	$0	$0	$0
BOB BOYETTE	BOARD MEMBER	0.30	Director	$0	$0	$0
MARSH DARK	DIRECTOR	0.30	Officer Director	$0	$0	$0
JOHNNIE DAVIS	BOARD MEMBER	0.30	Director	$0	$0	$0
JAN GOODSON	BOARD MEMBER	0.30	Director	$0	$0	$0
LINDA HAMRICK	BOARD MEMBER	0.30	Director	$0	$0	$0
WILLIAM HOLLIFIELD	BOARD MEMBER	0.30	Director	$0	$0	$0
NANCY HUNTER	DIRECTOR	0.30	Officer Director	$0	$0	$0
STEVE JONES	BOARD MEMBER	0.30	Director	$0	$0	$0
RAY MCKESSON	DIRECTOR	0.30	Officer Director	$0	$0	$0
STEVE MCMAHAN	BOARD MEMBER	0.30	Director	$0	$0	$0
SHARON PARKER	BOARD MEMBER	0.30	Director	$0	$0	$0
WES SHELLY	VICE CHAIR	0.30	Officer Director	$0	$0	$0
SARAH WASHBURN	BOARD MEMBER	0.30	Director	$0	$0	$0
RYAN GARRISON	MTCC VP FOR ADMIN AND FINA	1.00	Director	$0	$0	$0
MADALYN GAITO	MTCC DIRECTOR OF DEVELOPME	16.00	Director	$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	$655,164	$456,748	$1,638,373	$198,416
2024	$764,001	$205,895	$1,379,949	$558,106
2023	$126,356	$159,252	$783,097	$-32,896
2022	$197,208	$18,332	$794,234	$178,876
2021	$66,448	$31,125	$711,685	$35,323
2020	$147,252	$120,187	$580,856	$27,065
2019	$31,253	$25,217	$565,323	$6,036

MCDOWELL TECHNICAL COMMUNITY COLLEGE FOUNDATION INC