Normandale Community College Foundation Inc

What it reported doing in 2024

College Improvements and Program Support: At Normandale Community College, innovation begins where need is greatest. The Foundation plays a catalytic role---responding quickly to barriers that prevent students from succeeding, and piloting programs until the College can assume them long term. We act as the bridge between what students need now and what systems will eventually sustain. In FY2025, Foundation-led initiatives reached hundreds of students and families: Academy of Math and Science - A cohort-based STEM program designed to increase the representation of students of color in high-demand science and math fields. Students receive mentoring, community, and targeted academic support that translate to higher retention and transfer rates.Random Acts of Kindness Emergency Grants - Rapid, no-red-tape assistance that helps students weather crises like eviction, illness, or loss of transportation. Many say it's the single reason they remained in school.Campus Cupboard - A dignified, full-service grocery store where students can access fresh produce, dairy, frozen meals, and culturally specific foods. The program grows by 30% annually and is vital for students balancing rent, childcare, and food costs.Laptops for Lions - Free laptops and digital literacy support distributed through the Student Success Center. Providing access to technology reduces the Black-White achievement gap by one-third, illustrating how targeted resources create structural equity.Sirtify Teacher Pathway Program - A transformative partnership preparing Black men to become licensed K-12 teachers. Participants receive tuition, living stipends, books, fees, and professional development. The Foundation is sustaining program staff for three years until institutional funding is secured.Academic Travel Scholarships - Grants of $500-$1,000 enabling students---many first-generation or low-income---to experience academic travel opportunities that expand worldview and confidence.These programs embody our belief that access alone is not enough; students need safety, stability, and opportunity. From food and housing to digital access and global experience, each initiative is an investment in dignity and success.

Financial Efficiency

• Mission deployment rate: 31%; rating input score 31
• Program expense ratio: 74.5%; rating input score 74
• Fundraising efficiency: $14.85 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

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; 72nd 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: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 62%; rating input score 95; 95th percentile among comparable filings
• Total-asset coverage ratio: 4.68; rating input score 82; 82nd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
• Officer compensation ratio: 6.7%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 9.5% per year; rating input score 100; 62nd percentile among comparable filings
• Revenue growth: 13.4% per year; rating input score 100; 78th percentile among comparable filings
• Asset growth: 12.3% per year; rating input score 100; 67th percentile among comparable filings