Wright State University Foundation Inc (EIN 237019799) - 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

1966

Legal Domicile

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.

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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 (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

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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

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

$571,209

Total Directors

Key Employees

Highest Compensated

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

Wright State University Foundation Inc