Montcalm Community College Foundation
Nonprofit profile at a glance
- EIN
- 382371295
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Sidney, MI, USA
- Phone
- 9893281249
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,434,850
- Expenses
- $967,255
- Assets
- $30,597,097
- Liabilities
- $13,969
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- JANE ANDERSON-BEACH (PRESIDENT)
- RANSOM LEPPINK (VICE PRESIDENT)
- TOM KOHN (PAST PRESIDENT)
- LISA LUND (EXECUTIVE DIRECTOR)
Highest reported compensation
- CONNIE STEWART (ASSISTANT TREASURER): $146,620 total reported compensation
- MICHELLE GIBSON (DIRECTOR): $144,175 total reported compensation
- LISA LUND (EXECUTIVE DIRECTOR): $97,605 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 support montcalm community college's efforts to anticipate and address community needs through relationship cultivation and resource stewardship.
What it reported doing in 2024
Enhancement activities related to cultural events, early college, campus master planning and scholarships.
Operating model
- Revenue model
- Investment-supported. 82% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 94
- Accountability: 86
- Sustainability: 84
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.2%; rating input score 80
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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: 6 of 9 controls in place; rating input score 67
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 32.6%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 31.63; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: -7.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 80.2% of revenue deployed · 93.4% of spending went to programs
- Governance: 13 of 13 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $903K in reported program spending
- Leadership: top reported pay $147K · 16 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.