Lamar University Foundation Inc (EIN 237298265) - 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

1972

Legal Domicile

Principal Officer

Juan J Zabala

Phone

4098802117

Tax Period

2024-09-01 to 2025-08-31

Lamar University Foundation Inc, founded in 1972, is a community nonprofit in the Education sector that reported $7.2M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $6.2M left a modest 14% surplus.

Mission

The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The Foundation promotes the stewardship of donors to enhance the quality of services provided by the University to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University.

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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 $4,256,676

Program Service Revenue $0

Investment Income $3,436,864

Other Revenue $-474,227

TOTAL REVENUE $7,219,313

Expense Breakdown

Grants Paid $3,185,995

Salaries & Benefits $0

Fundraising Expenses $294,646

Program Expenses $5,274,314

Other Expenses $3,030,092

TOTAL EXPENSES $6,216,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,219,313	$14,317,021	-0.5%
Expenses	$6,216,087	$6,617,644	-0.1%
Net Income	$1,003,226	$7,699,377	-0.9%

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

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

$341,671

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Juan J Zabala	CEO	6.00	Officer	$0	$39,372	$245,590
Karen Nichols	COO	34.00	Officer	$0	$7,497	$96,081
Fred Vernon II	Trustee	1.00	Director	$0	$0	$0
J Pat Parsons	Trustee	1.00	Director	$0	$0	$0
Jared Boudreaux	Trustee	1.00	Director	$0	$0	$0
Michael L Burrow	Trustee	1.00	Director	$0	$0	$0
Yolanda Conyers	Trustee	1.00	Director	$0	$0	$0
Rena Clark	Secy/Com Chair	3.00	Officer Director	$0	$0	$0
Jerry Dearing	Trustee	1.00	Director	$0	$0	$0
Vernon Durden	Trste/Com Chair	3.00	Director	$0	$0	$0
Phillip E Fuller	Trustee	1.00	Director	$0	$0	$0
Terry Garth	Vice Chairman	3.00	Officer Director	$0	$0	$0
Ann Die Hasselmo	Trustee	1.00	Director	$0	$0	$0
Gisela Houseman	Trustee	1.00	Director	$0	$0	$0
Mike Jenkins	Trustee	1.00	Director	$0	$0	$0
Carmen Jordan	Trustee	1.00	Director	$0	$0	$0
Clayton Lau	Trustee	1.00	Director	$0	$0	$0
Catherine Long	Trustee	1.00	Director	$0	$0	$0
Becky Mason	Chairman	3.00	Officer Director	$0	$0	$0
Larry Norwood	Trste/Com Chair	3.00	Director	$0	$0	$0
Lori Ryerkerk	Trustee	1.00	Director	$0	$0	$0
Don Shaver	Past Chairman	3.00	Officer Director	$0	$0	$0
Joe Vernon	Treas/Com Chair	3.00	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	$7,219,313	$6,216,087	$163,920,461	$1,003,226
2024	$14,317,021	$6,617,644	$151,399,653	$7,699,377
2023	$9,209,579	$5,628,976	$128,290,438	$3,580,603
2022	$9,189,349	$5,492,343	$120,036,714	$3,697,006
2021	$10,753,900	$5,882,129	$128,618,821	$4,871,771
2020	$12,666,257	$6,382,343	$106,218,449	$6,283,914
2019	$8,587,638	$5,044,454	$95,686,394	$3,543,184
2018	$10,083,102	$6,858,130	$89,726,452	$3,224,972

Lamar University Foundation Inc