The Foundation for NC A&T State University

EIN: 237055330 501(c)(3)

Greensboro, NC

Total Revenue
$716,366
Total Expenses
$569,960
Total Assets
$4,373,486
Net Assets
$3,687,490
🔒

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
1953
Legal Domicile
NC
Principal Officer
Kenneth Sigmon
Phone
3363347600
Tax Period
2022-07-01 to 2023-06-30

The Foundation for NC A&T State University, founded in 1953, is a small nonprofit that reported $716K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $146K, a strong 20% operating margin.

Mission

The mission of the Foundation is to cultivate loyalty and tradition, and foster mutually beneficial lifelong relationships between the university, alumni, students and friends of the Aggie family. The goal of the Foundation shall be to provide means by which individuals and groups may join in a united effort to ensure the future growth and development of the university consistent with A&T's mission and strategic plan.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $52,780
Program Service Revenue $360,417
Investment Income $274,485
Other Revenue $28,684
TOTAL REVENUE $716,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $499,703
Other Expenses $569,960
TOTAL EXPENSES $569,960

Year-over-Year Comparison

2022 2021 Change
Revenue $716,366 $547,666 +0.3%
Expenses $569,960 $399,662 +0.4%
Net Income $146,406 $148,004 0.0%
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
18
Independent Members
14
Employees
N/A
Volunteers
N/A

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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Sigmon President 5.00
Officer Director
$0 $0 $0
Ralisha Mercer Vice President 5.00
Officer Director
$0 $0 $0
Timothy King Chairman 2.00
Officer Director
$0 $0 $0
Ponce Tidwell Vice Chairman 2.00
Officer Director
$0 $0 $0
Emerson Fullwood Audit/Finance Chair 2.00
Officer Director
$0 $0 $0
Robert Pompey Secretary/Treasurer 2.00
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 No data No data No data No data
2024 No data No data No data No data
2024 No data No data No data No data
2023 $716,366 $569,960 $4,373,486 $146,406
2022 $547,666 $399,662 $4,166,261 $148,004
2021 $606,983 $317,541 $5,826,915 $289,442
2020 $300,271 $97,495 $3,434,929 $202,776
2019 $756,673 $531,522 $3,213,721 $225,151
2018 $297,652 $214,762 $2,907,824 $82,890
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Foundation for NC A&T State University with other nonprofits in North Carolina and across the country.