STETSON BUSINESS SCHOOL FOUNDATION

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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

1972

Legal Domicile

Principal Officer

GEORGE SHIERLING

Phone

3868227422

Tax Period

2022-07-01 to 2023-06-30

STETSON BUSINESS SCHOOL FOUNDATION, founded in 1972, is a small nonprofit in the Education sector that reported $105K in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $288K exceeded revenue, resulting in a 174% operating deficit.

Mission

SUPPORT STETSON UNIVERSITY SCHOOL OF BUSINESS ADMINISTRATION FACULTY, STUDENTS AND PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $217,373

PROMOTE AND SUPPORT STETSON UNIVERSITY SCHOOL OF BUSINESS ADMINISTRATION STUDENT SCHOLARSHIPS, AWARDS AND GRANTS.

Program 2

Expenses: $15,086

STETSON UNIVERSITY SCHOOL OF BUSINESS ADMINISTRATION FACULTY AWARDS AND PAYMENT OF FACULTY TRAVEL EXPENSES FOR SEMINARS AND CONFERENCES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $157,485

Program Service Revenue $0

Investment Income $-52,464

Other Revenue $0

TOTAL REVENUE $105,021

Expense Breakdown

Grants Paid $197,192

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $232,459

Other Expenses $90,904

TOTAL EXPENSES $288,096

Year-over-Year Comparison

	2022	2021	Change
Revenue	$105,021	$462,428	-0.8%
Expenses	$288,096	$154,277	+0.9%
Net Income	$-183,075	$308,151	-1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE SHIERLING	PRESIDENT	1.00	Officer Director	$0	$0	$0
SIDNEY TAYLOR	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
MICHAEL BITTER	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
BRITTANY GLOERSEN	ASST TREASUR	0.50	Officer Director	$0	$0	$0
DEREK MEARS	DIRECTOR	N/A	Director	$0	$0	$0
CAYCE BALARA	DIRECTOR	N/A	Director	$0	$0	$0
PAUL E DASCHER	DIRECTOR	N/A	Director	$0	$0	$0
F ROBERT HUTH	DIRECTOR	N/A	Director	$0	$0	$0
CORY PETCOFF	DIRECTOR	N/A	Director	$0	$0	$0
FRED LANE	DIRECTOR	N/A	Director	$0	$0	$0
JIM JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
GREGORY D LEE	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MCCULLOUGH	DIRECTOR	N/A	Director	$0	$0	$0
YIORGOS BAKAMITSAS	DIRECTOR	N/A	Director	$0	$0	$0
CORY RHOADS	DIRECTOR	N/A	Director	$0	$0	$0
EDWIN P B SANDERS	DIRECTOR	N/A	Director	$0	$0	$0
JUDSON STRYKER	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS J UNDERWOOD	DIRECTOR	N/A	Director	$0	$0	$0
DONNA DE PEYSTER	DIRECTOR	N/A	Director	$0	$0	$0
RUSSELL KELTON	DIRECTOR	N/A	Director	$0	$0	$0
JEFF MARGHEIM	DIRECTOR	N/A	Director	$0	$0	$0
CAROLYN NICHOLSON	DIRECTOR	N/A	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
2023	$105,021	$288,096	$2,843,391	$-183,075
2022	$462,428	$154,277	$2,848,564	$308,151
2021	$805,546	$153,685	$2,540,413	$651,861
2020	$286,071	$165,679	$1,888,552	$120,392
2019	$137,173	$149,689	$1,768,160	$-12,516
2018	$264,111	$153,422	$1,780,676	$110,689