UNIVERSITY OF FLORIDA INVESTMENT CORPORATION (EIN 201226494) - Form 990 Financial Analysis & Trantor Score

🔒

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

2004

Legal Domicile

Principal Officer

EDWARD KELLY

Phone

3523921693

Tax Period

2024-07-01 to 2025-06-30

UNIVERSITY OF FLORIDA INVESTMENT CORPORATION, founded in 2004, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2024.

Mission

THE PURPOSE OF THIS CORPORATION IS TO PROMOTE THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA BY PROVIDING INVESTMENT RESEARCH, ADVICE, COUNSEL AND MANAGEMENT TO AND FOR THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, A PUBLIC BODY CORPORATE, AND SUCH AFFILIATED CORPORATIONS AS THE BOARD OF TRUSTEES OF THE UNIVERSITY OF FLORIDA MAY DESIGNATE, PROVIDED THAT SUCH ORGANIZATIONS FURTHER THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA AND ARE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN FORCE OR HEREAFTER AMENDED.

🔒

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 $0

Program Service Revenue $6,157,310

Investment Income $96,882

Other Revenue $0

TOTAL REVENUE $6,254,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,533,677

Fundraising Expenses $0

Program Expenses $5,628,885

Other Expenses $1,136,580

TOTAL EXPENSES $6,670,257

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,254,192	$6,274,953	0.0%
Expenses	$6,670,257	$6,007,923	+0.1%
Net Income	$-416,065	$267,030	-2.6%

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

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

$2,092,166

Total Directors

$2,434,946

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES W HEAVENER	EX-OFFICIO MEMBER	1.00	Director	$0	$0	$0
WILLIAM WALTON	BOARD MEMBER	1.00	Director	$0	$0	$0
FERNANDO DONAYRE	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID CHRISTIE	EX-OFFICIO MEMBER	1.00	Director	$0	$54,380	$370,629
DOUGLAS J FREE	BOARD CHAIR	1.00	Director	$0	$0	$0
ROBERT THORNTON	EX-OFFICIO MEMBER UNTIL 2/2025	1.00	Director	$0	$26,437	$842,192
REBECCA PATTERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SABY MITRA	EX-OFFICIO MEMBER	1.00	Director	$0	$58,601	$616,491
LINDSAY LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK KOZLOV	BOARD MEMBER BEGIN 2/2025	1.00	Director	$0	$0	$0
TAYLOR JANTZ	EX-OFFICIO MEMBER UNTIL 2/2025	1.00	Director	$0	$131,914	$605,634
GEOFF GARDNER	BOARD MEMBER BEGIN 2/2025	1.00	Director	$0	$0	$0
ROBERT COUSIN	VICE CHAIR	1.00	Director	$0	$0	$0
SCOTT FRIEDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM S REESER	CEO/CIO/PRESIDENT UNTIL 1/1/25	50.00	Officer	$1,317,266	$190,698	$1,507,964
EDWARD A KELLY	COO/VICE PRESIDENT	50.00	Officer	$494,145	$90,057	$584,202
MARK L BAUMGARTNER	CEO/CIO/PRESIDENT BEGIN 1/1/25	50.00	Officer	$0	$0	$0
BRIAN C MAWDSLEY	DEPUTY CIO	50.00	Highest	$804,452	$144,499	$948,951
WILLIAM C TWIBLE	INVESTMENT DIRECTOR	50.00	Highest	$439,394	$92,556	$531,950
JEFFREY FURST	INVESTMENT DIRECTOR	50.00	Highest	$436,200	$92,556	$528,756
DANIEL LEE	SENIOR INVESTMENT ANALYST	50.00	Highest	$201,795	$40,907	$242,702
BRENNAN BUBP	SENIOR INVESTMENT ANALYST	50.00	Highest	$227,402	$56,182	$283,584

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	$6,254,192	$6,670,257	$7,319,079	$-416,065
2024	No data	No data	No data	No data
2023	$6,561,111	$6,382,051	$8,723,162	$179,060
2022	$6,286,501	$6,207,722	$8,667,146	$78,779
2021	$5,707,826	$6,345,645	$5,168,985	$-637,819
2020	$5,617,451	$5,028,533	$4,733,245	$588,918
2019	$4,915,795	$5,170,582	$3,970,692	$-254,787
2018	$4,273,010	$4,390,309	$3,326,580	$-117,299

UNIVERSITY OF FLORIDA INVESTMENT CORPORATION