Wright State University Foundation Inc

EIN: 237019799 501(c)(3) Education

Dayton, OH

Total Revenue
$22,286,172
Total Expenses
$9,582,169
Total Assets
$192,561,802
Net Assets
$189,083,496
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
OH
Phone
9377752251
Tax Period
2024-07-01 to 2025-06-30

Wright State University Foundation Inc, founded in 1966, is a mid-sized nonprofit in the Education sector that reported $22.3M in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.7M, a strong 57% operating margin.

Mission

The Wright State University Foundation's mission is to partner with Wright State University in providing funding that assists students from the Dayton region and beyond to obtain an affordable, quality education by: 1) promoting and facilitating a culture of engagement and philanthropy 2) prudently protecting, managing, and investing funds entrusted to it 3) disbursing funds aligned with the university's mission and priorities and ensuring funds disbursed are used as intended.

Program Service Accomplishments

Program 1
Expenses: $3,624,847

SCHOLARSHIPS: STUDENTS AT WRIGHT STATE UNIVERSITY RECEIVE A QUALITY EDUCATION THAT IS PAID PARTLY BY TUITION AND PARTLY BY STATE SUBSIDY. THE LATTER REVENUE SOURCE HAS DECLINED IN RECENT YEARS...

Read more

SCHOLARSHIPS: STUDENTS AT WRIGHT STATE UNIVERSITY RECEIVE A QUALITY EDUCATION THAT IS PAID PARTLY BY TUITION AND PARTLY BY STATE SUBSIDY. THE LATTER REVENUE SOURCE HAS DECLINED IN RECENT YEARS THEREBY MAKING IT MORE DIFFICULT TO FINANCE A COLLEGE EDUCATION. ALTHOUGH WRIGHT STATE REMAINS ONE OF THE MOST AFFORDABLE PUBLIC INSTITUTIONS IN OHIO, THE FOUNDATION SEEKS TO OFFSET THE LOSS OF STATE TUITION SUBSIDIES BY RAISING PRIVATE CONTRIBUTIONS IN SUPPORT OF STUDENT TUITION PAYMENTS.

Program 2
Expenses: $2,262,480

UNIVERSITY PROGRAMS: DONATED RESOURCES FOR VARIOUS ACADEMIC AND SUPPORT FUNCTIONS AT WRIGHT STATE UNIVERSITY ALLOWS ADMINISTRATORS FLEXIBILITY TO DELIVER QUALITY PROGRAMS TO THEIR CONSTITUENCIES...

Read more

UNIVERSITY PROGRAMS: DONATED RESOURCES FOR VARIOUS ACADEMIC AND SUPPORT FUNCTIONS AT WRIGHT STATE UNIVERSITY ALLOWS ADMINISTRATORS FLEXIBILITY TO DELIVER QUALITY PROGRAMS TO THEIR CONSTITUENCIES. THESE CONTRIBUTIONS SUPPLEMENT THE UNIVERSITY'S BUDGET ALLOCATION AND ALLOW PROGRAM MANAGERS TO OFFER UNIQUE AND CREATIVE LEARNING OPPORTUNITIES FOR STUDENTS. DURING THE CURRENT YEAR, 24% OF EXPENSES IN THIS AREA RELATED TO PARTIAL OR COMPLETE SUPPORT OF PROGRAM PERSONNEL THAT OTHERWISE WOULD NOT HAVE BEEN SUPPORTED BY THE UNIVERSITY'S OPERATING BUDGET. PROCEEDS IN THIS AREA ARE ALSO USED TO CONSTRUCT, RENOVATE AND REHABILITATE UNIVERSITY FACILITIES. DURING THE CURRENT YEAR, 28% OF EXPENSES IN THIS AREA RELATED TO PARTIAL OR COMPLETE SUPPORT OF PROGRAM PERSONNEL THAT OTHERWISE WOULD NOT HAVE BEEN SUPPORTED BY THE UNIVERSITY'S OPERATING BUDGET. PROCEEDS IN THIS AREA ARE ALSO USED TO CONSTRUCT, RENOVATE AND REHABILITATE UNIVERSITY FACILITIES.

Program 3
Expenses: $494,523

ATHLETIC PROGRAMS: THROUGH ITS ATHLETIC PROGRAMS, WRIGHT STATE OFFERS ITS STUDENTS THE OPPORTUNITY TO COMPETE ON ONE OF ITS TWELVE NCAA DIVISION ONE MEN'S AND WOMEN'S SPORTS TEAMS. THESE PROGRAMS...

Read more

ATHLETIC PROGRAMS: THROUGH ITS ATHLETIC PROGRAMS, WRIGHT STATE OFFERS ITS STUDENTS THE OPPORTUNITY TO COMPETE ON ONE OF ITS TWELVE NCAA DIVISION ONE MEN'S AND WOMEN'S SPORTS TEAMS. THESE PROGRAMS SEEK TO TRANSFORM THE LIVES OF ITS STUDENT-ATHLETES, BUILDING A SOLID FOUNDATION FOR STUDENT SUCCESS AT ALL LEVELS. ATHLETICS IS COMMITTED HELPING ITS STUDENT-ATHLETES DEVELOP AS PEOPLE, STUDENTS AND ATHLETES - IN THAT ORDER - AS WELL AS SUPPORTING THE MISSION OF WRIGHT STATE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,424,558
Program Service Revenue $0
Investment Income $13,125,269
Other Revenue $736,345
TOTAL REVENUE $22,286,172

Expense Breakdown

Grants Paid $6,690,556
Salaries & Benefits $1,029,331
Fundraising Expenses $690,327
Program Expenses $6,690,556
Other Expenses $1,862,282
TOTAL EXPENSES $9,582,169

Year-over-Year Comparison

2024 2023 Change
Revenue $22,286,172 $13,746,175 +0.6%
Expenses $9,582,169 $10,298,905 -0.1%
Net Income $12,704,003 $3,447,270 +2.7%
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

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
10
Volunteers
40

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
8
$571,209
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Deptula Immediate Past Chair 1.0
Officer Director
$0 $0 $0
Kristina Kean Treasurer 1.0
Officer Director
$0 $0 $0
Linda Black-Kurek Chair 1.0
Officer Director
$0 $0 $0
Loghan Young Vice Chair & Secretary 1.0
Officer Director
$0 $0 $0
Anupam Bedi Trustee 1.0
Director
$0 $0 $0
Bob Reynolds Trustee 1.0
Director
$0 $0 $0
Brittney Whiteside Trustee 1.0
Director
$0 $0 $0
Chris Brookshire Trustee 1.0
Director
$0 $0 $0
Danielle Rolfes Trustee 1.0
Director
$0 $0 $0
Dave Dirksen Trustee 1.0
Director
$0 $0 $0
David Donaldson Trustee (Until 10/18/24) 1.0
Director
$0 $0 $0
Doug Fecher Trustee 1.0
Director
$0 $0 $0
Doug Hull Trustee (as of 7/1/2024) 1.0
Director
$0 $0 $0
Dr Michael Robertson Trustee 1.0
Director
$0 $0 $0
Dr Samia Borchers Trustee 1.0
Director
$0 $0 $0
Gary McCullough Trustee 1.0
Director
$0 $0 $0
Hernan Olivas Trustee 1.0
Director
$0 $0 $0
Holly Di Flora Trustee 1.0
Director
$0 $0 $0
Janet Heppard Trustee 1.0
Director
$0 $0 $0
Julie Jacobs Trustee (as of 7/1/2024) 1.0
Director
$0 $0 $0
Karla Garrett-Harshaw Trustee 1.0
Director
$0 $0 $0
Matt Watson Trustee 1.0
Director
$0 $0 $0
Michael Daniels Trustee 1.0
Director
$0 $0 $0
Mike Clark Trustee 1.0
Director
$0 $0 $0
Pete Julian Trustee 1.0
Director
$0 $0 $0
Randy Phillips Trustee 1.0
Director
$0 $0 $0
Rob Weisgarber Trustee (until 11/16/2024) 1.0
Director
$0 $0 $0
Roberta Cornist-Bordeneau Trustee 1.0
Director
$0 $0 $0
Sharon Rab Trustee 1.0
Director
$0 $0 $0
Tom Proctor Trustee 1.0
Director
$0 $0 $0
Tom Sheehan Trustee 1.0
Director
$0 $0 $0
Vercie Lark Trustee 1.0
Director
$0 $0 $0
Andrea Wall Executive Director 40.0
Officer
$69,309 $7,913 $77,222
Bobby Jones CFO (2/7/2025-11/17/2025, therefore no 2024 W2) 40.0
Officer
$0 $0 $0
R Scott Rash President & CEO 40.0
Officer
$271,781 $57,985 $329,766
Robert T Batson CFO (UNTIL 4/30/2025) 40.0
Officer
$137,677 $26,544 $164,221
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 $22,286,172 $9,582,169 $192,561,802 $12,704,003
2024 No data No data No data No data
2023 $19,144,235 $10,436,341 $160,143,120 $8,707,894
2022 $22,301,900 $9,335,808 $149,282,142 $12,966,092
2021 $13,302,016 $8,096,772 $166,064,682 $5,205,244
2020 $15,971,511 $10,076,052 $137,644,851 $5,895,459
2019 $11,201,269 $10,993,746 $137,385,278 $207,523
2018 $11,561,074 $11,226,194 $136,940,771 $334,880
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Wright State University Foundation Inc with other nonprofits in Ohio and across the country.