MILES COMMUNITY COLLEGE FOUNDATION (EIN 816016740) - 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

1964

Legal Domicile

Principal Officer

DONALD J HARTMAN

Phone

4068746192

Tax Period

2024-07-01 to 2025-06-30

MILES COMMUNITY COLLEGE FOUNDATION, founded in 1964, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 63% operating margin.

Mission

THE MILES COMMUNITY COLLEGE FOUNDATION IS DEDICATED TO ESTABLISHING AND MAINTAINING A PERMANENT ENDOWMENT FUND THROUGH THE SOLICITATION, INVESTMENT, AND MANAGEMENT OF DONATIONS FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS AND ASSISTING IN CAPITAL IMPROVEMENTS AND SPECIAL NEEDS OF THE COLLEGE FOR THE BETTERMENT OF THE STUDENTS, FACULTY, STAFF, AND COMMUNITY.

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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 $1,310,843

Program Service Revenue $11,604

Investment Income $130,825

Other Revenue $176,623

TOTAL REVENUE $1,629,895

Expense Breakdown

Grants Paid $26,073

Salaries & Benefits $0

Fundraising Expenses $68,323

Program Expenses $464,462

Other Expenses $574,589

TOTAL EXPENSES $600,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,629,895	$712,991	+1.3%
Expenses	$600,662	$541,148	+0.1%
Net Income	$1,029,233	$171,843	+5.0%

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
DONALD J HARTMAN	PRESIDENT	1.00	Officer	$0	$0	$0
SHERYL CATHEY	VICE PRESIDE	1.00	Officer	$0	$0	$0
JEFF JOHNSTONE	TREASURER	1.00	Officer	$0	$0	$0
TED STEIN	SECRETARY	1.00	Officer	$0	$0	$0
GARRET MCFARLAND	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE MORFORD	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA STUBBLEFIELD	DIRECTOR	1.00	Director	$0	$0	$0
BRANDI GIBSON	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN UHLICH	DIRECTOR	1.00	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	$1,629,895	$600,662	$2,961,529	$1,029,233
2024	$712,991	$541,148	$1,824,682	$171,843
2023	$712,010	$434,500	$1,761,592	$277,510
2022	$505,094	$505,734	$1,296,411	$-640
2021	$409,287	$161,568	$1,316,975	$247,719
2019	$120,046	$183,801	$1,012,124	$-63,755
2018	$89,555	$123,182	$1,139,700	$-33,627

MILES COMMUNITY COLLEGE FOUNDATION