Civic Intelligence

The Metropolitan Community College Foundation

990 • Fiscal year 2016 • EIN 51-0181875

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

3200 BroadwayKansas City, MO 64111

(816) 604-1411

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.07x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

89th percentile

38%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$161,660

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

41st percentile

0.1%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$12,087,886

Up $7,222 (+0.1%) from 2015

Net Assets

Up

$12,016,389

Up $121,495 (+1.0%) from 2015

Liabilities

Down

$71,497

Down $114,273 (-62%) from 2015

Revenue

Down

$1,006,097

Down $919,507 (-48%) from 2015

Expenses

Down

$619,571

Down $329,924 (-35%) from 2015

Net Income

Down

$386,526

Down $589,583 (-60%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $6,504,910Liabilities 2010: $282,792Net Assets 2010: $6,222,1182010Assets 2011: $8,053,038Liabilities 2011: $582,864Net Assets 2011: $7,470,1742011Assets 2012: $7,355,416Liabilities 2012: $123,244Net Assets 2012: $7,232,1722012Assets 2013: $9,474,524Liabilities 2013: $68,036Net Assets 2013: $9,406,4882013Assets 2014: $11,496,124Liabilities 2014: $120,516Net Assets 2014: $11,375,6082014Assets 2015: $12,080,664Liabilities 2015: $185,770Net Assets 2015: $11,894,8942015Assets 2016: $12,087,886Liabilities 2016: $71,497Net Assets 2016: $12,016,3892016Assets 2017: $13,192,517Liabilities 2017: $26,622Net Assets 2017: $13,165,8952017Assets 2018: $13,423,311Liabilities 2018: $617,333Net Assets 2018: $12,805,9782018Assets 2019: $13,859,291Liabilities 2019: $635,389Net Assets 2019: $13,223,9022019Assets 2020: $13,563,885Liabilities 2020: $292,712Net Assets 2020: $13,271,1732020Assets 2021: $21,498,041Liabilities 2021: $87,607Net Assets 2021: $21,410,4342021Assets 2022: $16,663,239Liabilities 2022: $541,527Net Assets 2022: $16,121,7122022Assets 2023: $18,941,458Liabilities 2023: $1,283,518Net Assets 2023: $17,657,9402023Assets 2024: $26,603,178Liabilities 2024: $2,490,620Net Assets 2024: $24,112,5582024Assets 2025: $24,516,990Liabilities 2025: $3,258,494Net Assets 2025: $21,258,4962025

Highlighted filing

2016

Assets$12,087,886
Liabilities$71,497
Net Assets$12,016,389

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,714,0272010Revenue 2011: $1,995,115Expenses 2011: $1,661,601Net Income 2011: $333,5142011Expenses 2012: $1,568,1162012Expenses 2013: $1,035,6232013Revenue 2014: $2,572,332Expenses 2014: $832,646Net Income 2014: $1,739,6862014Revenue 2015: $1,925,604Expenses 2015: $949,495Net Income 2015: $976,1092015Revenue 2016: $1,006,097Expenses 2016: $619,571Net Income 2016: $386,5262016Revenue 2017: $911,000Expenses 2017: $649,481Net Income 2017: $261,5192017Revenue 2018: $850,207Expenses 2018: $1,897,983Net Income 2018: -$1,047,7762018Revenue 2019: $1,134,730Expenses 2019: $911,505Net Income 2019: $223,2252019Revenue 2020: $1,256,263Expenses 2020: $1,019,629Net Income 2020: $236,6342020Revenue 2021: $9,069,520Expenses 2021: $3,402,607Net Income 2021: $5,666,9132021Revenue 2022: $3,405,477Expenses 2022: $5,876,872Net Income 2022: -$2,471,3952022Revenue 2023: $2,953,460Expenses 2023: $2,355,794Net Income 2023: $597,6662023Revenue 2024: $7,157,366Expenses 2024: $2,268,362Net Income 2024: $4,889,0042024Revenue 2025: $3,695,460Expenses 2025: $7,956,513Net Income 2025: -$4,261,0532025

Highlighted filing

2016

Revenue$1,006,097
Expenses$619,571
Net Income$386,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$3,467,275
Mission and Program 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.

The foundation supports the mission of the junior college district of metropolitan kansas city, missouri dba the metropolitan community college (mcc) of (see schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,006,074$10,386,432▼ $619,642
Cash and Non-Interest-Bearing Accounts$411,241$747,611▲ $336,370
Savings and Temporary Cash Investments$354,389$498,048▲ $143,659
Pledges and Grants Receivable$289,957$452,064▲ $162,107
Accounts Receivable$19,003$3,731▼ $15,272
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$12,080,664$12,087,886▲ $7,222
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$70,223▲ $70,223
Accounts Payable and Accrued Expenses$185,770$1,274▼ $184,496
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$185,770$71,497▼ $114,273
Net Assets / Fund Balance
Permanently Rstr Net Assets$5,061,348$5,093,570▲ $32,222
Temporarily Rstr Net Assets$3,584,637$3,788,653▲ $204,016
Unrestricted Net Assets$3,248,909$3,134,166▼ $114,743
Total Net Assets Fund Balance$11,894,894$12,016,389▲ $121,495
Total Liabilities and Net Assets / Fund Balance$12,080,664$12,087,886▲ $7,222

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$7,461,895$47,202▼ $89,694$221,356$7,198,047
2014$7,463,737$83,598▲ $101,531$186,971$7,461,895
2013$6,256,228$589,754▲ $812,899$195,144$7,463,737
2012$4,697,864$1,052,423▲ $644,935$138,994$6,256,228
2011$4,818,081$24,707▼ $24,959$119,965$4,697,864
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason DalenDirector/chair
Carolyn WatleyDirector/vice Chair
Bonyen LeeDirector
Bret BongeDirector
Charlie ShieldsDirector
Darin ShankDirector
Don SipesDirector
Gabe HernandezDirector
Jami ShipmanDirector
Kevin SeabaughDirector
Mark LarrabeeDirector
Marquita MillerDirector
Matt McfaddenDirector
Maurice WatsonDirector
Michael RoaneDirector
Mike PospisilDirector
Rafael GarciaDirector
Ramin CherafatDirector
Susan HareDirector
Tony RohrDirector
Vicki WesterhausDirector
David LevyDirector/officer at Large
Kathy AchelpohlDirector/officer at Large
Cici RojasDirector/secretary
Josh MaxfieldDirector/treasurer
Kent M HuyserExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$870,198
Program Service Revenue
$0
Investment Income
$100,765
Other Revenue
$35,134
All Other Contributions
$844,484
Change in Net Assets
$386,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,006,097
Revenue Not Reported on Form 990
$212,152
Total Revenue per Audited Statements
$1,218,249
Total Revenue per Form 990
$1,006,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$512,950
Other Expenses$106,621
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$356,319--$356,319
Grants to Domestic Orgs$156,631--$156,631
Fees for Service Investment Mgmnt Fees-$45,302-$45,302
Office Expenses-$22,561-$22,561
Travel$4,873--$4,873
Advertising-$2,795-$2,795
Other Expenses$2,231--$2,231
Total Functional Expenses$548,913$70,658$0$619,571

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,096,754
Expenses per Audited Statements$619,571
Total Expenses per Form 990$619,571
Expenses Not Reported on Form 990$477,183
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jr College Dist of Metro Kcmo Dba MccKansas City, MO-Supporting Programs$156,631
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,935
Fundraising Gross Income$41,881
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Storytelling$35,039$30,650$5,687$24,963
Gala$24,256$7,231$85$7,146
Total Events$67,595$41,881$47,935$-6,054
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to the Metropolitan Community College$70,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the foundation shall be the members of the board of trustees of the junior college district of metropolitan kansas city, missouri dba the metropolitan community college (mcc). Any person who ceases to be a member of such board of trustees shall cease to a member of the foundation.

Form 990, Part VI, Section A, Line 7A

The only powers of the members shall be to approve or reject nominees to the foundation board of directors and to remove the entire foundation board from office.

Form 990, Part VI, Section A, Line 7B

The trustees of the junior college district of metropolitan kansas city missouri dba metropolitan community college is a related entity and must approve the decisions of the foundation board, per the foundation's bylaws.

Form 990, Part VI, Section B, Line 11B

Each voting member of the finance committee will be mailed or e-mailed a copy of the form 990 to review prior to a finance committee meeting upon which the form 990 will be reviewed, discussed and voted on for acceptance. At the next board meeting the full board will have a copy of the form 990 to accept at the recommendation of the finance committee.

Form 990, Part VI, Section B, Line 12C

THE CONFLICT OF INTEREST POLICY WAS ADOPTED DURING FYE 2010 AND IT IS REVIEWED ANNUALLY DURING THE NOVEMBER/DECEMBER BOARD MEETING. The Board and any staff member provided by MCC to assist the Board and/or the organization must comply with section 105.454 of Missouri Revised Statutes on conflicts of interest as well as any other state law governing official conduct. Any Board member who has a substantial, personal or private interest in any measure, contract, order, policy or regulation proposed or pending before the Board of Directors must disclose that interest to the president of the board, or to the vice president if the president has such interest, and such disclosure shall be recorded in the minutes of the board. Substantial, personal or private interest is defined as ownership by the individual, his spouse, or his dependent children, whether singularly or collectively,directly or indirectly of: (1) 10% or more of any business entity; or (2) an interest having a value of $10,000 or more; or (3) the receipt of a salary, gratuity, or other compensation or remuneration of $5,000 or more, per year from any individual, partnership, organization, or association within any calendar year. If a board member has a conflict, the individual shall neither vote nor endeavor to influence the organization in any such matter. Upon request of the subject board, the affected individual shall leave the boardroom while the matter is discussed and a vote, if any, shall be recorded in the minutes of the board.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request to its administrative office.

Filing and Contact Details

Filer

Filer Name
The Metropolitan Community College Foundation
EIN
51-0181875
In Care Of
% JESSICA RAMIREZ
Phone
8166041411
Address
3200 BROADWAY, KANSAS CITY, MO 64111

Signing Officer

Name
Jessica Ramirez
Title
Executive Director
Phone
8166041195
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark James
Formed
1975
Legal Domicile
Mo
Voting Board Members
25
Independent Board Members
25
Employees
1
Volunteers
25

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Kevin Ensminger CPA
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Preparing students, serving communities, and creating opportunities by carrying out certain charitable, educational, literacy, and scientific purposes of the college.

Form 990, Part III, Line 1

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.

Form 990, Part III, Line 4A

As the nonprofit fundraising arm for mcc, the foundation services over 43,000 students annually by addressing their financial and educational needs through scholarships, educational enhancement programs, and the improvement of learning facilities. Many programs take place on the five mcc campuses around the metropolitan area including the annual storytelling celebration hosted by mcc maple woods. The event draws 20,000 to over 100 venues across the area celebrating the rich diversity of culture and history through telling stories. The foundation administers scholarships and endowments, sports alumni and donor recognition events, and leads the annual fundraising campaign. Other projects include the emergency book fund which provides assistance to students in purchasing needed text books and lab supplies, 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.

Financial Statement Notes

Schedule D, Part V, Line 4

The intended use of the endowment funds is to distribute as much total return to further the educational needs of students while protecting the real value of the endowment fund principle.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Line 2D

Fundraising event expenses $ 47,935

Schedule D, Part XII, Line 2D

Fundraising event expenses $ 47,935

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR/OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR/OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$24.5$3.26$21.3$3.70$7.96$4.26
2024Detailed filing. Detailed filing data is available for this year.$26.6$2.49$24.1$7.16$2.27$4.89
2023Detailed filing. Detailed filing data is available for this year.$18.9$1.28$17.7$2.95$2.36$0.60
2022Detailed filing. Detailed filing data is available for this year.$16.7$0.54$16.1$3.41$5.88$2.47
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$0.09$21.4$9.07$3.40$5.67
2020Detailed filing. Detailed filing data is available for this year.$13.6$0.29$13.3$1.26$1.02$0.24
2019Detailed filing. Detailed filing data is available for this year.$13.9$0.64$13.2$1.13$0.91$0.22
2018Detailed filing. Detailed filing data is available for this year.$13.4$0.62$12.8$0.85$1.90$1.05
2017Detailed filing. Detailed filing data is available for this year.$13.2$0.03$13.2$0.91$0.65$0.26
2016Detailed filing. Detailed filing data is available for this year.$12.1$0.07$12.0$1.01$0.62$0.39
2015Detailed filing. Detailed filing data is available for this year.$12.1$0.19$11.9$1.93$0.95$0.98
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.12$11.4$2.57$0.83$1.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.47$0.07$9.41$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.36$0.12$7.23$1.57
2011Summary only. Only limited summary data is available for this year.$8.05$0.58$7.47$2.00$1.66$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.50$0.28$6.22$1.71