NSU Facilities Corporation (EIN 202836756) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Joseph Kolwe

Phone

9854484066

Tax Period

2023-07-01 to 2024-06-30

NSU Facilities Corporation, founded in 2002, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2023. Expenses of $5.6M left a modest 13% surplus.

Mission

To promote, assist, and benefit the mission of NSU through the acquisition, construction, development, management, leasing as lessor or lessee, mortgaging and/or conveying student housing facilities as well as other buildings and improvements on the campus of the University.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,905,615

Investment Income $551,315

Other Revenue $0

TOTAL REVENUE $6,456,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,608,753

Other Expenses $5,628,453

TOTAL EXPENSES $5,628,453

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,456,930	$6,105,950	+0.1%
Expenses	$5,628,453	$6,116,506	-0.1%
Net Income	$828,477	$-10,556	-79.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
Joseph Kolwe	Chairperson	1.00	Officer Director	$0	$0	$0
Henry J Lafont Jr	Vice-Chairperson	1.00	Officer Director	$0	$0	$0
Jerry Ledet	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Michele Caruso	Board Member	1.00	Director	$0	$0	$0
Terry P Braud Jr	Board Member	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	No data	No data	No data	No data
2024	$6,456,930	$5,628,453	$41,206,685	$828,477
2023	$6,105,950	$6,116,506	$42,976,013	$-10,556
2022	$5,948,880	$6,154,378	$45,615,320	$-205,498
2021	$5,665,961	$6,338,034	$48,403,666	$-672,073
2020	$6,003,022	$6,476,755	$51,009,339	$-473,733
2019	$6,063,197	$6,635,252	$53,862,316	$-572,055

NSU Facilities Corporation