EDINBORO UNIVERSITY FOUNDATION

EIN: 251819940 501(c)(3) Education

EDINBORO, PA

Total Revenue
$4,891,949
Total Expenses
$1,726,958
Total Assets
$47,259,690
Net Assets
$19,738,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
PA
Principal Officer
CHARLES SCALISE
Phone
8147321708
Tax Period
2024-07-01 to 2025-06-30

EDINBORO UNIVERSITY FOUNDATION, founded in 1998, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 339% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 65% operating margin.

Mission

THE EDINBORO UNIVERSITY FOUNDATION WAS FOUNDED IN 1998 TO SUPPORT THE MISSION OF EDINBORO UNIVERSITY OF PENNSYLVANIA, NOW PENNSYLVANIA WESTERN UNIVERSITY, THROUGH THE CULTIVATION AND MANAGEMENT OF GIFTS, GRANTS, AND OTHER RESOURCES FOR THE BENEFIT OF THE STUDENTS AND FACULTY OF EDINBORO 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,633,432
Program Service Revenue $479,271
Investment Income $779,246
Other Revenue $0
TOTAL REVENUE $4,891,949

Expense Breakdown

Grants Paid $1,077,900
Salaries & Benefits $299,903
Fundraising Expenses $14,995
Program Expenses $1,501,630
Other Expenses $349,155
TOTAL EXPENSES $1,726,958

Year-over-Year Comparison

2024 2023 Change
Revenue $4,891,949 $1,115,472 +3.4%
Expenses $1,726,958 $1,320,446 +0.3%
Net Income $3,164,991 $-204,974 -16.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
11

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
$116,509
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES SCALISE EXECUTIVE DI 37.50
Officer
$99,066 $17,443 $116,509
AAMIR ANWAR BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA DAVIS SECRETARY 2.00
Officer Director
$0 $0 $0
JONATHAN FRAWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN GOELLNER CHAIR 2.00
Officer Director
$0 $0 $0
KYLE HURYSZ BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW O'MALLEY BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM ROTHENBACH BOARD MEMBER 1.00
Director
$0 $0 $0
MARY TIMASHENKA VICE CHAIR 2.00
Officer Director
$0 $0 $0
GABRIEL VELIZ BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL WALSH 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 $4,891,949 $1,726,958 $47,259,690 $3,164,991
2024 $1,115,472 $1,320,446 $41,268,676 $-204,974
2023 $1,061,734 $1,309,163 $36,986,911 $-247,429
2022 $1,635,977 $1,368,479 $34,169,713 $267,498
2021 $2,295,129 $1,352,265 $42,184,310 $942,864
2020 $1,365,878 $1,370,295 $34,554,283 $-4,417
2019 $1,736,904 $1,312,214 $34,544,203 $424,690
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