Delta College Foundation

Nonprofit profile at a glance

EIN
382274366
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
University Center, MI, USA
Phone
9896869225
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community or Junior Colleges

Official website

Reported finances

Revenue
$3,811,788
Expenses
$2,515,530
Assets
$39,225,918
Liabilities
$7,533,288

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Highest reported compensation

  • MICHAEL H GAVIN (SECRETARY): $371,046 total reported compensation
  • PAMELA N CLARK (EXECUTIVE DI): $222,241 total reported compensation
  • JONATHAN FOCO (TREASURER): $210,181 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The delta college foundation mission is to "change lives by supporting opportunities and innovation at delta college."

What it reported doing in 2024

Endowment fund expenditures consisted of cash transfers to delta college for investment into the college endowment fund. This year one new fund was established and many donors contributed to previously existing funds. The endowment fund generated over 1.04 million in distributions that supported scholarships, achievement awards and several educational programs. Approximately 600,000 was distributed to delta college for student scholarships and awards which provided about 600 scholarships. The largest single distribution of 110,700 which supports the possible dream program. Another large distribution of 104,900 supports a traveling stem classroom that provides memorable learning experiences. This outreach program is housed in a stateoftheart bus that traveled throughout the great lakes bay region to numerous schools and events during the year. Endowment fund distributions also provided support to the college's public broadcasting stations, speaker series funding and several teaching chair awards.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 71
  • Accountability: 77
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.4%; rating input score 76
  • Program expense ratio: 80.6%; rating input score 81
  • Fundraising efficiency: $16.44 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 19th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 34%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 15.59; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: -39.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 22.9% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 52.6% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 76.4% of revenue deployed · 80.6% of spending went to programs
  • Governance: 21 of 24 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2M in reported program spending
  • Leadership: top reported pay $371K · 25 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.