DODGE CITY COMMUNITY COLLEGE FOUNDATION
Mission Statement
DC3 Foundation’s purpose is to exist exclusively for the benefit of Dodge City Community College, its faculty, and students in the furtherance of the educational and charitable activities of the College. It does so through providing financial assistance to students, fiscal support for college programs, and occasionally running campaigns in support of needed college capital improvements. Foundation Mission: The Dodge City Community College Foundation develops resources to support the College in furthering its academic mission. The Foundation also serves as an advocate within and beyond the Dodge City Community College community to further the goals of the College. College Vision: Dodge City Community College will be the model among peer institutions for delivering the highest quality education and career development opportunities.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.5% | 90.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.8% | 7.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
8.4% | 7.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
157.1 mo | 106.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.7% | 90.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
63.7% | 4.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.7% | 2.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
59.6% | -10.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.7M | $695K | $9.1M | 91.5% | 0 |
| 2022 | $1.1M | $721K | $7.8M | 91.4% | 0 |
| 2021 | $802K | $594K | N/A | — | 0 |
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