SHIPPENSBURG 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

1977

Legal Domicile

Principal Officer

Chrystal K Miracle

Phone

7174771377

Tax Period

2024-07-01 to 2025-06-30

SHIPPENSBURG UNIVERSITY FOUNDATION, founded in 1977, is a mid-sized nonprofit in the Education sector that reported $24.0M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.6M, a strong 56% operating margin.

Mission

The Shippensburg University Foundation secures funds for the benefit of the students and programs of Shippensburg University. The SU Foundation secures annual and capital support for, but not limited to, scholarships, student and faculty research, cultural programming, equipment, facilities and other University priorities. The SU Foundation also manages endowed funds, provides quality off-campus student housing and operates an on-campus child and family center.

Program Service Accomplishments

Program 1

Expenses: $2,097,160 Revenue: $0

The Shippensburg University Foundation provides scholarships, awards, low-interest loans, and emergency assistance to over 900 students at Shippensburg University. Without the scholarships & other...

The Shippensburg University Foundation provides scholarships, awards, low-interest loans, and emergency assistance to over 900 students at Shippensburg University. Without the scholarships & other assistance provided by the SU Foundation, some students could not experience the opportunities and benefits of the quality education for which Shippensburg University is well-known.

Program 2

Expenses: $1,854,427 Revenue: $2,527,812

The Shippensburg University Foundation provides safe, quality and affordable off-campus housing to over 300 students. The SU Foundation's student housing properties are in close proximity to the...

The Shippensburg University Foundation provides safe, quality and affordable off-campus housing to over 300 students. The SU Foundation's student housing properties are in close proximity to the University. These properties are well maintained and provide 24/7 maintenance, hard-wired fire alarms and sprinkler systems for the safety of the students. The Shippensburg University Foundation also leases various properties to Shippensburg University for use in the regular operation of the University

Program 3

Expenses: $1,568,849 Revenue: $790,772

The Shippensburg University Foundation provides support for various academic & cultural programs, joint undergraduate student & faculty research, state of the art scientific equipment & technology...

The Shippensburg University Foundation provides support for various academic & cultural programs, joint undergraduate student & faculty research, state of the art scientific equipment & technology, student & faculty conference attendance, professional development, other student services, and alumni programs at Shippensburg 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 $6,190,142

Program Service Revenue $4,779,128

Investment Income $12,741,224

Other Revenue $298,965

TOTAL REVENUE $24,009,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,302,828

Fundraising Expenses $618,395

Program Expenses $7,701,510

Other Expenses $7,146,330

TOTAL EXPENSES $10,449,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,009,459	$14,118,217	+0.7%
Expenses	$10,449,158	$9,988,851	+0.0%
Net Income	$13,560,301	$4,129,366	+2.3%

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

121

Volunteers

315

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

$355,501

Total Directors

Key Employees

$570,738

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Leslie Folmer Clinton	Secretary, President & CEO	40	Officer Key Emp Highest	$315,725	$39,776	$355,501
Ms Chrystal K Miracle	CFO	40	Key Emp Highest	$184,530	$30,707	$215,237
Ms Anne Detter	Director of Marketing	40	Highest	$110,005	$27,371	$137,376
Mrs Rhonda Horst	Controller	40	Highest	$109,978	$23,031	$133,009
Mr W Mickey Nye	Director	1	Director	$0	$0	$0
Mrs Mary Jo Grove	Vice Chairperson	1	Officer Director	$0	$0	$0
Mr Jeffrey Lee	Director	1	Director	$0	$0	$0
Dr Donald F Mayer Jr	Director	1	Director	$0	$0	$0
Mr Lorin L Stough	Director	1	Director	$0	$0	$0
Mr Duaine A Collier	Director	1	Director	$0	$0	$0
Mr William E Naugle III	Treasurer	1	Officer Director	$0	$0	$0
Mr Joel R Zullinger	Chairperson	1	Officer Director	$0	$0	$0
Mr John R Raebiger Jr	Director	1	Director	$0	$0	$0
Dr Dena Stoner	Director	1	Director	$0	$0	$0
Mrs Brenda M Gabler	Director	1	Director	$0	$0	$0
Mr Sean Glennon	Director	1	Director	$0	$0	$0
Mr Charles R Nebel Jr	Director	1	Director	$0	$0	$0
Mrs Wanda Polk Bankhead	Director	1	Director	$0	$0	$0
Mrs Angela M Besch	Director	1	Director	$0	$0	$0
Mrs Carol Verish Houck	Director	1	Director	$0	$0	$0
Mr David Weisgerber	Director	1	Director	$0	$0	$0
Mr Lee Gardella	Director	1	Director	$0	$0	$0
Mr Brian R Carosielli	Director	1	Director	$0	$0	$0
Mrs Jennifer B Sassani	Director	1	Director	$0	$0	$0
Mr Bryan P Wright	Director	1	Director	$0	$0	$0
Mr Alston M Ellis	Director	1	Director	$0	$0	$0
Dr Craig J Loundas	Director	1	Director	$0	$0	$0
Mr L Michael Ross	Director	1	Director	$0	$0	$0
Mr Steven J Thomas	Director	1	Director	$0	$0	$0
W Robert Berkebile	Director	1	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	$24,009,459	$10,449,158	$115,079,042	$13,560,301
2024	$14,118,217	$9,988,851	$105,135,775	$4,129,366
2023	$16,017,700	$9,439,959	$93,888,123	$6,577,741
2022	$14,164,957	$8,820,325	$81,996,654	$5,344,632
2021	$11,552,800	$10,153,737	$91,433,562	$1,399,063
2020	$12,266,765	$11,200,046	$77,237,047	$1,066,719
2019	$16,074,717	$10,303,989	$78,414,294	$5,770,728
2018	$12,393,625	$11,783,404	$77,026,999	$610,221