Minneapolis Community &

Education organization based in Minneapolis, MN.0 Exempt under §501(c)(3).

MissionTHE MINNEAPOLIS COMMUNITY & TECHNICAL COLLEGE FOUNDATION HELPS SOLVE ISSUES OF AFFORDABILITY AND ACCESS TO HIGHER EDUCATION THROUGH FUNDS AND PROVIDES PART OR ALL OF THE FUNDING TO THE COLLEGE TO DEVELOP TECHNICAL COLLEGE FOUNDATION MINNEAPOLIS (CONTINUED ON SCHEDULE O)

EIN
41-1288502
State
MN
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2019
Records
1 officers

Financial snapshot · TY 2019

$1.2M
Total revenue
$652K
Total expenses
$5.2M
Net assets

Financial health · TY 2024

78
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
18.3 months of expenses
Program efficiency
95
88.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Penny Schumacher
EXECUTIVE DIRECTOR
$108,210
55th percentile vs. peers

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Minneapolis Community & Executive Compensation | 990 Data | DoubleNine