Umkc Foundation

Nonprofit profile at a glance

EIN
260840496
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Kansas City, MO, USA
Phone
8162351601
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$29,053,341
Expenses
$36,955,090
Assets
$87,153,512
Liabilities
$352,068

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

Leadership & pay

19 people listed

Executive titles in this filing

  • AMANDA DAVIS (PRESIDENT)

Highest reported compensation

  • AMANDA DAVIS (PRESIDENT): $325,714 total reported compensation
  • SHELLY DOUCET (AVP & DIRECTOR OF DEVELOPMENT): $177,355 total reported compensation
  • MATTHEW MCDONOUGH (SR. MANAGING DIR OF DEVELOPMENT): $135,537 total reported compensation

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

Overview

Mission

Umkc foundation's sole purpose is to benefit the university of Missouri - Kansas city (umkc) by supporting (through funds raised, held and administered by the foundation) academic programs and educational opportunities that will enhance umkc over and above those which are funded with state support, student fees and tuition.

What it reported doing in 2024

The umkc foundation ("foundation") and its employees have the primary responsibility for the solicitation of contributions from private sources for the support of umkc. The foundation solicits contributions which are made to the foundation and held and administered by the foundation for the benefit of umkc. The foundation also solicits contributions which are made directly to umkc or to one of its schools or supporting organizations. The fundraising efforts of the foundation produced the results as shown on the statement of revenue, part viii. The efforts of the foundation have produced pledges and planned giving commitments as shown on the balance sheet, part x. The foundation made grants from earnings of its endowment funds held by the foundation to support various umkc programs in the amounts as shown on the statement of functional expenses, part ix.

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 98% 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. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.8%; rating input score 94
  • Fundraising efficiency: $22.84 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • 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; 66th 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: -27.2%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.36; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 23.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.8% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $34.7M in reported program spending
  • Leadership: top reported pay $326K · 19 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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.
  • 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.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.