Education
(B114)
IRS Verified
DX Registered
990 on File
FRIENDS OF MCHENRY COUNTY COLLEGE FOUNDATION
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Together with our community, we build financial support for student learning and success.
Financial Overview — FY 2023
$6.4M
Total Revenue
$875K
Total Expenses
$16.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.8%
Fundraising Efficiency
1.5%
Operating Reserve
224.67x
Liability-to-Asset
0.2%
Revenue Diversification
96.1%
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.8% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.0% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1.5% | 1.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
224.7 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.2% | 0.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.1% | 90.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
603.6% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.2% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
86.4% | 2.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Take college courses towards a 2 year degree and transfer to a 4 year college | 851 | $894.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $6.4M | $875K | $16.4M | 87.8% | 0 |
| 2022 | $911K | $913K | $10.5M | 84.6% | 0 |
| 2021 | $4.6M | $795K | N/A | — | 0 |
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