MILLERSVILLE UNIVERSITY FOUNDATION

EIN: 236435616 501(c)(3) Education

MILLERSVILLE, PA

Total Revenue
$3,445,623
Total Expenses
$1,736,181
Total Assets
$66,649,939
Net Assets
$62,691,479
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
PA
Principal Officer
DR KEMAH WASHINGTON
Phone
7178717520
Tax Period
2023-07-01 to 2024-06-30

MILLERSVILLE UNIVERSITY FOUNDATION, founded in 1966, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 50% operating margin.

Mission

MILLERSVILLE UNIVERSITY FOUNDATION IS A NON-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION MANAGES AND INVESTS FUNDS RECEIVED FROM ALUMNI AND FRIENDS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA.

Program Service Accomplishments

Program 1
Expenses: $1,294,165

ALL PROGRAMS INCLUDE SCHOLARSHIPS, AWARDS, OR GRANTS FOR STUDENTS OR ORGANIZATIONS OF MILLERSVILLE 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,318,682
Program Service Revenue $0
Investment Income $2,121,585
Other Revenue $5,356
TOTAL REVENUE $3,445,623

Expense Breakdown

Grants Paid $1,294,165
Salaries & Benefits $0
Fundraising Expenses $176,135
Program Expenses $1,294,165
Other Expenses $442,016
TOTAL EXPENSES $1,736,181

Year-over-Year Comparison

2023 2022 Change
Revenue $3,445,623 $2,567,203 +0.3%
Expenses $1,736,181 $1,872,162 -0.1%
Net Income $1,709,442 $695,041 +1.5%
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

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Governance

Voting Members
25
Independent Members
25
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DARRYL L LANDIS PRESIDENT 1.00
Officer Director
$0 $0 $0
DR KEMAH EP WASHINGTON VICE PRESIDENT 0.30
Officer Director
$0 $0 $0
MS SUZANNE J WALSTRUM TREASURER 0.30
Officer Director
$0 $0 $0
MR DA ABRAMS SECRETARY 0.30
Officer Director
$0 $0 $0
MS NANCY C ADAMS DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
DR J ROBERT BUCHANAN DIRECTOR 0.30
Director
$0 $0 $0
DR XIMENA CATEPILLAN DIRECTOR 0.30
Director
$0 $0 $0
MR DEXTER DAVIS DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
MR ABRAM DIFFENBACH DIRECTOR 0.30
Director
$0 $0 $0
MR JOHN HELD DIRECTOR 0.30
Director
$0 $0 $0
MS CHERYL HOLLAND-JONES DIRECTOR 0.30
Director
$0 $0 $0
MR ARMOND KINSEY DIRECTOR 0.30
Director
$0 $0 $0
MR JASON S LONG DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
MS ELIZABETH A LUKE DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
MR BENJAMIN PEARL DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
DR SYLVIA SHELLENBERGER DIRECTOR 0.30
Director
$0 $0 $0
MS STEVI N SPRENKLE DIRECTOR 0.30
Director
$0 $0 $0
MR WILLIAM D STADDEN DIRECTOR 0.30
Director
$0 $0 $0
MS HOLLY TREGO DIRECTOR 0.30
Director
$0 $0 $0
DR JENNIFER A CHAMBERS DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
MR THEODORE WEABER DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
MS DENISE WERNER DIRECTOR 0.30
Director
$0 $0 $0
DR MIRIAM M WITMER DIRECTOR (JOINED 1/1/24) 0.30
Director
$0 $0 $0
DR JENNIFER WOOD DIRECTOR 0.30
Director
$0 $0 $0
MR BRIAN WORRELL DIRECTOR (JOINED 1/1/24) 0.30
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 $3,445,623 $1,736,181 $66,649,939 $1,709,442
2023 $2,567,203 $1,872,162 $59,715,381 $695,041
2022 $6,386,048 $2,149,122 $54,789,553 $4,236,926
2021 $3,796,451 $1,667,554 $60,628,946 $2,128,897
2020 $9,004,236 $1,613,840 $47,707,817 $7,390,396
2019 $2,975,948 $1,612,326 $39,755,222 $1,363,622
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