Metropolitan Community College Foundation
Nonprofit profile at a glance
- EIN
- 510181875
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Kansas City, MO, USA
- Phone
- 8166041130
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community or Junior Colleges
Reported finances
- Revenue
- $3,695,460
- Expenses
- $7,956,513
- Assets
- $24,516,990
- Liabilities
- $3,258,494
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Highest reported compensation
- BILLY DUNBAR (VP INSTITUTIONAL ADVANCEMENT): $146,758 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 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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 96
- Accountability: 95
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.8%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.4%; rating input score 98; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -115.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 3.08; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 0.5%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 19.9% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $7.9M in reported program spending
- Leadership: top reported pay $147K · 17 people listed
- Consistency: 26 of 28 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 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 — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.