LANGSTON UNIVERSITY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JOSHUA BUSBY

Phone

4054663232

Tax Period

2024-07-01 to 2025-06-30

LANGSTON UNIVERSITY FOUNDATION, founded in 2007, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.0M left a modest 14% surplus.

Mission

TO RAISE MONEY TO SUPPORT LANGSTON UNIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $531,552 Revenue: $0

LANGSTON UNIVERSITY SCHOOL AND DEPARTMENT SUPPORT: THE LANGSTON UNIVERSITY FOUNDATION SOLICITS DONATIONS TO SUPPORT THE VARIOUS SCHOOLS, PROGRAMS OF STUDY, AND DEPARTMENTS AT LANGSTON UNIVERSITY TO...

Program 2

Expenses: $211,883 Revenue: $0

SCHOLARSHIPS: THE LANGSTON UNIVERSITY FOUNDATION SOLICITS DONATIONS FROM ALUMNI AND FRIENDS OF LANGSTON UNIVERSITY FOR SCHOLARSHIPS TO SUPPORT DESERVING STUDENTS AT LANGSTON UNIVERSITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,304,386

Program Service Revenue $0

Investment Income $150,431

Other Revenue $-243,762

TOTAL REVENUE $1,211,055

Expense Breakdown

Grants Paid $743,435

Salaries & Benefits $0

Fundraising Expenses $126,630

Program Expenses $743,435

Other Expenses $295,802

TOTAL EXPENSES $1,047,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,211,055	$1,614,634	-0.2%
Expenses	$1,047,399	$933,448	+0.1%
Net Income	$163,656	$681,186	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID STEPHENS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOSHUA BUSBY	INTERIM EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
MARLON JAMES	DIRECTOR	1.00	Director	$0	$0	$0
DARRELL JEFFLO	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE JONES	DIRECTOR	1.00	Director	$0	$0	$0
LOVELL LEVERETTE	DIRECTOR	1.00	Director	$0	$0	$0
SHERMAN LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE PURVEY	DIRECTOR	1.00	Director	$0	$0	$0
RON TRIBBLE	DIRECTOR	1.00	Director	$0	$0	$0
HON KENNETH C WATSON	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,211,055	$1,047,399	$8,457,302	$163,656
2024	$1,614,634	$933,448	$7,822,265	$681,186
2023	$1,448,784	$667,668	$6,829,628	$781,116
2022	$958,502	$685,744	$5,814,580	$272,758
2021	$1,380,261	$888,783	$6,111,523	$491,478
2020	$1,074,904	$966,234	$5,046,910	$108,670
2019	$1,373,400	$1,018,137	$4,955,019	$355,263
2018	$828,387	$553,869	$4,699,403	$274,518