WESTERN CAROLINA UNIVERSITY FOUNDATION

EIN: 237159170 501(c)(3) Education

CULLOWHEE, NC

Total Revenue
$10,960,838
Total Expenses
$9,476,796
Total Assets
$98,242,802
Net Assets
$98,058,949
🔒

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
1971
Legal Domicile
NC
Principal Officer
MICHAEL T BYERS
Phone
8282277321
Tax Period
2024-07-01 to 2025-06-30

WESTERN CAROLINA UNIVERSITY FOUNDATION, founded in 1971, is a mid-sized nonprofit in the Education sector that reported $11.0M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $9.5M left a modest 14% surplus.

Mission

PROVIDES FINANCIAL SUPPORT TO WESTERN CAROLINA UNIVERSITY.

🔒

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 $8,302,201
Program Service Revenue $33,210
Investment Income $2,648,338
Other Revenue $-22,911
TOTAL REVENUE $10,960,838

Expense Breakdown

Grants Paid $8,678,891
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,150,461
Other Expenses $797,905
TOTAL EXPENSES $9,476,796

Year-over-Year Comparison

2024 2023 Change
Revenue $10,960,838 $11,664,851 -0.1%
Expenses $9,476,796 $5,994,398 +0.6%
Net Income $1,484,042 $5,670,453 -0.7%
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
23
Independent Members
23
Employees
7
Volunteers
97

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
5
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE CRAWFORD CHAIR 1.00
Officer Director
$0 $0 $0
HOYT ALMOND FIRST VICE CHAIR, FINANCE AND AUDIT CHAIR 1.00
Officer Director
$0 $0 $0
STEVE HODGE SECOND VICE CHAIR, ADVANCEMENT CHAIR 1.00
Officer Director
$0 $0 $0
ED HOLLAND BOARD DEVELOPMENT CHAIR 1.00
Officer Director
$0 $0 $0
CASEY COOPER CHAIR, BOARD OF TRUSTEES 1.00
Officer Director
$0 $0 $0
MARY ARBAUGH BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
ED BROADWELL BOARD MEMBER 1.00
Director
$0 $0 $0
BEN COMM BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY FORTNER BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF GOSS BOARD MEMBER 1.00
Director
$0 $0 $0
CONNIE HAIRE BOARD MEMBER 1.00
Director
$0 $0 $0
LISA HILL BOARD MEMBER 1.00
Director
$0 $0 $0
KEN MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
PAXTON MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY NAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN PATE BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDON ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
RON SINK BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY STROUD BOARD MEMBER 1.00
Director
$0 $0 $0
GAYLE WATKINS BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY WHITE BOARD MEMBER 1.00
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 $10,960,838 $9,476,796 $98,242,802 $1,484,042
2024 $11,664,851 $5,994,398 $90,727,825 $5,670,453
2023 $8,345,802 $5,659,648 $77,984,406 $2,686,154
2022 $7,286,676 $5,828,414 $76,335,154 $1,458,262
2021 $4,789,088 $4,660,653 $72,559,605 $128,435
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WESTERN CAROLINA UNIVERSITY FOUNDATION with other nonprofits in North Carolina and across the country.