McLennan Community College Foundation
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

McLennan Community College Foundation

 
501(c)(3) organization
Donations are tax-deductible
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1400 COLLEGE DR
Waco TX 76708-1402

Waco TX | IRS ruling year: 1990 | EIN: 74-2550278  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
THE MCC FOUNDATION'S MISSION SUPPORTS THE DEVELOPMENT OF FUNDS FOR STUDENT SCHOLARSHIPS, STAFF AND FACULTY PROFESSIONAL DEVELOPMENT, CAMPUS CAPITAL PROJECTS AND STUD ...
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Rating Information

rating
Great

This charity's score is 98%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated from multiple beacon scores, weighted as follows: 90% Accountability & Finance, 10% Culture & Community. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

100

Most Recent Fiscal Year:
FY 2022
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 26 independent members
10 out of 10 points  plus
Financial Statements - Audit and Oversight Committee
20 out of 20 points  plus
Material Diversion of Assets - None
20 out of 20 points  plus

Tax Form Disclosures and Policies

Full Credit
  
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No Credit
Website Listed on Tax Form - Listed
5 out of 5 points  plus
Conflict of Interest Policy - Listed
5 out of 5 points  plus
Whistleblower Policy - Listed
5 out of 5 points  plus
Document Retention and Destruction - Listed
5 out of 5 points  plus
Documents Board Meeting Minutes - Yes
5 out of 5 points  plus
Tax Form Distributed to Board Before Filing - Listed
5 out of 5 points  plus
Loans to/from Officers - None
5 out of 5 points  plus

Website Disclosures

Full Credit
  
Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Listed
5 out of 5 points  plus

Financial Metrics

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No Credit
Liabilities to Assets: Ratio - 4.91%
25 out of 25 points  plus
Program Expense: Ratio - 92.96%
25 out of 25 points  plus
Fundraising Efficiency: Ratio - $0.00
25 out of 25 points  plus
Working Capital: Ratio - 19.86 years
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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