Dunwoody College of Technology

Nonprofit profile at a glance

EIN
410693856
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Minneapolis, MN, US
Phone
612.374.5800
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Vocational, Technical Schools

Official website

Reported finances

Revenue
$55,430,916
Expenses
$48,240,133
Assets
$136,970,758
Liabilities
$11,422,417

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

Leadership & pay

41 people listed

Executive titles in this filing

  • SCOTT STALLMAN (PRESIDENT)
  • RICHARD WAGNER (PRESIDENT EMERITUS)

Highest reported compensation

  • RICHARD WAGNER (PRESIDENT EMERITUS): $455,473 total reported compensation
  • SCOTT STALLMAN (PRESIDENT): $268,546 total reported compensation
  • BRIAN NELSON (VP OF INSTITUTIONAL ADVANCEMENT): $234,240 total reported compensation

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

Overview

Mission

To provide technical training to all.

What it reported doing in 2024

See schedule ofounded in 1914, dunwoody college of technology is the only private, not-for-profit technical college in the upper midwest. Having provided hands-on, applied technical education to more than 250,000 individuals, dunwoody is the college for experimenters and makers, a place where the curious and the confident learn by doing. Located in minneapolis, dunwoody offers a unique campus experience in dedicated labs, studios, and shops that where students are treated like future professionals from day one. Dunwoody challenges students to come determined and graduate destined.dunwoody is accredited by the higher learning commission, an institutional accreditation agency recognized by the u.s. Department of education. The commission's web address and phone number are : www.hlccommission.org and 312-263-0456.dunwoody is committed to preparing students for great careers in high-demand, stem-related fields. Since its founding 111 years ago, dunwoody's graduates have gone on to rewarding careers as outstanding technicians, successful entrepreneurs, and industry leaders.dunwoody college teaches problem solving and critical thinking along with practical, real-world skills that are sought after by business and industry.located on the western edge of downtown minneapolis, dunwoody offers more than 40 degree programs in the areas of automotive, business management, computer technology, construction sciences & building technology, architecture, design, engineering, radiologic technology, and robotics & manufacturing.instruction at dunwoody is structured on a 16-week semester. An academic year includes two 16-week semesters with a nine-week summer session. Programs of instruction may lead to a certificate, associate of applied science (a.a.s.) degree, a bachelor of science (b.s.) degree, or a bacheor of architecture (b.arch.) degree. It is dunwoody's goal that graduating students will become responsible, contributing citizens as well as able technicians and leaders in their professions. Dunwoody also offers training opportunities to both individuals and companies through workforce training & continuing education.as of fall semester 2025, dunwoody had an enrollment of 1,584 students. For the 2023-2024 academic year, dunwoody career services reports a career outcome rate of 96 percent and an in-field hired rate of 90 percent.

Operating model

Revenue model
Earned-program. 73% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 88
  • Accountability: 93
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.6%; rating input score 60
  • Program expense ratio: 72.8%; rating input score 73
  • Fundraising efficiency: $4.72 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.2%; rating input score 96; 50th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.84; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 68th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 59.6% of revenue deployed · 72.8% of spending went to programs
  • Governance: 25 of 26 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $35.1M in reported program spending
  • Leadership: top reported pay $455K · 41 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.7M reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.