UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC

EIN: 237042320 501(c)(3) Education

Evansville, IN

Total Revenue
$23,749,683
Total Expenses
$6,946,687
Total Assets
$235,641,955
Net Assets
$233,254,149
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IN
Principal Officer
Andrea R Gentry
Phone
8124651627
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC, founded in 1969, is a mid-sized nonprofit in the Education sector that reported $23.7M in total revenue in fiscal year 2024. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.8M, a strong 71% operating margin.

Mission

The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,264,657
Program Service Revenue $0
Investment Income $9,401,528
Other Revenue $83,498
TOTAL REVENUE $23,749,683

Expense Breakdown

Grants Paid $5,646,155
Salaries & Benefits $0
Fundraising Expenses $86,524
Program Expenses $5,682,761
Other Expenses $1,300,532
TOTAL EXPENSES $6,946,687

Year-over-Year Comparison

2024 2023 Change
Revenue $23,749,683 $11,292,232 +1.1%
Expenses $6,946,687 $8,541,265 -0.2%
Net Income $16,802,996 $2,750,967 +5.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
72
Independent Members
65
Employees
N/A
Volunteers
741

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
10
$881,686
Total Directors
71
$1,551,704
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald S Rochon Director/Admin Advisor 2
Officer Director
$0 $30,877 $415,391
Steven J Bridges Director/Assistant Treasurer 2
Officer Director
$0 $43,486 $306,784
Shelly B Blunt Director 2
Director
$0 $47,396 $281,046
Sudesh N Mujumdar Director 2
Director
$0 $25,674 $216,149
Kindra L Strupp Director 2
Director
$0 $36,173 $207,794
Andrea R Gentry President 18.75
Officer
$0 $27,064 $159,511
Sliva Rode Director 2
Director
$0 $18,720 $124,540
Bruce H Baker Life Director 2
Director
$0 $0 $0
Carol A Baker Life Director 2
Director
$0 $0 $0
Joey V Barnett Director 2
Director
$0 $0 $0
Amy L Beard Director 2
Director
$0 $0 $0
James W Beck Director 2
Director
$0 $0 $0
Jeffrey A Berger Director 2
Director
$0 $0 $0
Ronald J Boren Director 2
Director
$0 $0 $0
Bix Branson Life Director 2
Director
$0 $0 $0
Mark D Browning Director 2
Director
$0 $0 $0
Stephanie S Buchanan Director 2
Director
$0 $0 $0
Marie A Bussing Life Director 2
Director
$0 $0 $0
Don R Chaudoin Life Director 2
Director
$0 $0 $0
Steven W Craven Director 2.00
Director
$0 $0 $0
Joyce E Donaldson Director 2
Director
$0 $0 $0
John M Dunn Life Director 2
Director
$0 $0 $0
Kevin M Eastridge Life Director 2
Director
$0 $0 $0
Daniel M Fuquay Life Director 2
Director
$0 $0 $0
Geoffrey A Gentil Director 2
Director
$0 $0 $0
Robert L Goocher Life Director 2
Director
$0 $0 $0
Randall L Haaff Director 2
Director
$0 $0 $0
Jingle Igleheart Hagey Director 2
Director
$0 $0 $0
Fouad L Hamami Director 2
Director
$0 $0 $0
Kevin L Hammet Director 2
Director
$0 $0 $0
David W Herrenbruck Life Director 2
Director
$0 $0 $0
Chad Horrell Director 2
Director
$0 $0 $0
D Keith Jewell Director 2
Director
$0 $0 $0
Christine H Keck Director 2
Director
$0 $0 $0
Melissa Khan Director 2
Director
$0 $0 $0
Anne Kiboi Director 2
Director
$0 $0 $0
M Andy Lannert Director 2
Director
$0 $0 $0
Rileigh M Lear Director 2
Director
$0 $0 $0
Frank F McDonald II Life Director 2
Director
$0 $0 $0
James R McKinney Life Director 2
Director
$0 $0 $0
Chris D Melton Life Director 2
Director
$0 $0 $0
Mark E Neidig Life Director 2
Director
$0 $0 $0
Susan E Parsons Director 2
Director
$0 $0 $0
Jack D Pate Director 2
Director
$0 $0 $0
Melanie N Rasche Director 2
Director
$0 $0 $0
Matthew Reffett Director 2
Director
$0 $0 $0
Robert L Reid Director 2
Director
$0 $0 $0
David K Robinson Director 2
Director
$0 $0 $0
Michael F Roeder Director 2
Director
$0 $0 $0
Ronald D Romain Life Director 2
Director
$0 $0 $0
Chris M Ryan Director 2
Director
$0 $0 $0
Jim Sandgren Director 2
Director
$0 $0 $0
D Scott Saxe Director 2
Director
$0 $0 $0
Jaimie Sheth Director 2
Director
$0 $0 $0
Alan N Shovers Life Director 2
Director
$0 $0 $0
Sherrianne M Standley Life Director 2
Director
$0 $0 $0
Judith M Steenberg Life Director 2
Director
$0 $0 $0
Ronald W Steinhart Director 2
Director
$0 $0 $0
Trudy J Stock Director 2
Director
$0 $0 $0
Robert W Swan Life Director 2
Director
$0 $0 $0
Celeste Drew Tabor Director 2
Director
$0 $0 $0
Kathleen E Talley Director 2
Director
$0 $0 $0
Karen S Walker Director 2
Director
$0 $0 $0
Jeffrey L Wilmes Director 2
Director
$0 $0 $0
Donita F Wolf Director 2
Director
$0 $0 $0
Terry Alvey Director/Secretary 2
Officer Director
$0 $0 $0
Jean M Blanton Director/Chair 2
Officer Director
$0 $0 $0
Neal A Franklin Director/Vice Chair for Planning 2
Officer Director
$0 $0 $0
Shiela L Huff-Jackson Director/Chair Elect 2
Officer Director
$0 $0 $0
C Wayne Kinney Director/Vice Chair for Development 2
Officer Director
$0 $0 $0
Ashley K Riordan-Elpers Director, Vice President for Alumni 2
Officer Director
$0 $0 $0
John L Schutz Director/Treasurer 2
Officer 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 $23,749,683 $6,946,687 $235,641,955 $16,802,996
2024 $11,292,232 $8,541,265 $204,992,494 $2,750,967
2023 $9,805,434 $6,589,383 $180,646,855 $3,216,051
2022 $20,278,244 $5,440,555 $166,446,934 $14,837,689
2021 $16,172,352 $4,639,568 $190,258,500 $11,532,784
2020 $11,686,786 $5,846,012 $145,463,749 $5,840,774
2019 $10,818,526 $7,369,206 $141,174,296 $3,449,320
2018 $18,069,709 $8,121,591 $138,714,097 $9,948,118
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