Rochester Community & Technical College Foundation
Only null% goes to programs Strong reserves
Rochester Community & Technical College Foundation is a 501(c)(3) organization based in Rochester, Minnesota, registered in 1996, with $1,024,437 in FY2024 revenue. CharityIndex grades it B.
851 30th Ave Se, Rochester, MN, 55904 EIN 41-1535213 Since 1996
Revenue (FY2024)
$1.0M
▲ 19.2% vs prior year
Education median: $200K
Expenses (FY2024)
$632K
Net assets
$10.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rochester Community & Technical College Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating193 mo reserves · +38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rochester Community & Technical College Foundation: 193 mo reserves · +38% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rochester Community & Technical College Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rochester Community & Technical College Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 851 30th Ave Se, Rochester, MN, 55904
- City
- Rochester
- State
- Minnesota
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $532K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $70KNet assets $10.2M
Operating margin
38.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.2M
Total liabilities
$70K
Net assets
$10.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,024,437▲19.2% | $631,509▲21.6% | $10,157,561▲11.9% | $10,227,347▲12.1% | 990 |
| 2023 | $859,698▲4.0% | $519,324▲26.4% | $9,076,240▲15.3% | $9,126,240▲13.7% | 990 |
| 2022 | $826,292▼7.7% | $410,848▲9.5% | $7,875,027▲14.8% | $8,023,336▲13.9% | 990 |
| 2021 | $894,764▲67.9% | $375,197▼19.9% | $6,860,478▼15.4% | $7,047,020▼13.9% | 990 |
| 2020 | $532,863▼18.1% | $468,311▼8.5% | $8,105,432▲22.7% | $8,182,183▲23.9% | 990 |
| 2019 | $650,592▲5.7% | $511,903▼2.8% | $6,605,799▼3.8% | $6,606,107▼3.9% | 990 |
| 2018 | $615,585▼67.2% | $526,391▲18.7% | $6,864,769▲3.3% | $6,876,581▲3.4% | 990 |
| 2017 | $1,875,666▲110% | $443,505▲6.6% | $6,642,615▲30.8% | $6,648,917▲30.9% | 990 |
| 2016 | $894,100▲63.3% | $416,189▲8.0% | $5,076,915▲13.7% | $5,078,573▲12.1% | 990 |
| 2015 | $547,489▲8.1% | $385,404▲1.7% | $4,464,128▼2.7% | $4,532,116▼2.0% | 990 |
| 2014 | $506,419▼4.8% | $379,085 | $4,588,621▼1.1% | $4,625,210▼1.6% | 990 |
| 2013 | $531,853 | $379,010▼3.3% | $4,641,267▲18.1% | $4,698,487▲7.9% | 990 |
| 2012 | — | $391,834▼11.3% | $3,929,187▲14.0% | $4,352,934▲1.9% | 990 |
| 2011 | — | $441,642▲12.0% | $3,446,197▼3.7% | $4,270,314▼5.3% | 990 |
| 2010 | — | $394,485 | $3,577,991 | $4,508,669 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $275K total
13 grants to Rochester Community & Technical College Foundation totaling $275K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support charitable purpose | 2024 | $50,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $10,000 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $17,601 |
| Charities Aid Foundation America | Charitable donation | 2023 | $17,500 |
| Charities Aid Foundation America | Charitable donation | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,900 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $7,875 |
| The Chicago Community Trust | Support for compeer financial scholarships (2 at $1,250 each). support of equipment | 2021 | $27,500 |
| The Chicago Community Trust | Support for compeer financial scholarships (2 at $1,250 each). support of equipment | 2021 | $27,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $21,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $21,750 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $16,393 |
| Mightycause Charitable Foundation | Unrestricted | 2020 | $19,920 |
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Frequently asked questions
- Is Rochester Community & Technical College Foundation a legitimate nonprofit?
- Yes. Rochester Community & Technical College Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1535213, based in Rochester, Minnesota. Donations are tax-deductible.
- What is Rochester Community & Technical College Foundation's EIN?
- Rochester Community & Technical College Foundation's Employer Identification Number (EIN) is 41-1535213.
- How much revenue does Rochester Community & Technical College Foundation report?
- Rochester Community & Technical College Foundation reported $1,024,437 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rochester Community & Technical College Foundation have?
- CharityIndex grades Rochester Community & Technical College Foundation B, based on financial health (reserves and operating margin).
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Data for Rochester Community & Technical College Foundation (EIN 41-1535213) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.