FRIENDS OF THE UNIVERSITY OF SURREY INC

EIN: 300212507 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,318,113
Total Expenses
$1,064,833
Total Assets
$385,338
Net Assets
$385,338
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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
2003
Legal Domicile
DE
Principal Officer
MARK RHOADES-BROWN
Phone
6468670994
Tax Period
2024-08-01 to 2025-07-31

FRIENDS OF THE UNIVERSITY OF SURREY INC, founded in 2003, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $253K, a strong 19% operating margin.

Mission

TO SUPPORT HIGHER EDUCATION SERVICES.

Program Service Accomplishments

Program 1
Expenses: $898,988 Revenue: $0

TO PROVIDE SUPPORT FOR ERNEST LITTAUER LEGACY.

Program 2
Expenses: $94,552 Revenue: $0

TO PROVIDE SUPPORT FOR THE SURREY LEADERS PROGRAMME - YEAR 2.

Program 3
Expenses: $15,200 Revenue: $0

TO PROVIDE SUPPORT FOR THE BURTON SCHOLARSHIP.

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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 $1,320,700
Program Service Revenue $0
Investment Income $-2,587
Other Revenue $0
TOTAL REVENUE $1,318,113

Expense Breakdown

Grants Paid $1,048,641
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,048,641
Other Expenses $16,192
TOTAL EXPENSES $1,064,833

Year-over-Year Comparison

2024 2023 Change
Revenue $1,318,113 $1,970,141 -0.3%
Expenses $1,064,833 $1,965,007 -0.5%
Net Income $253,280 $5,134 +48.3%
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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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL CHAPMAN DIRECTOR 0.50
Director
$0 $0 $0
CLEDWYN COLE DIRECTOR 0.50
Director
$0 $0 $0
SURJIT CHANA DIRECTOR 0.50
Director
$0 $0 $0
MARK RHOADES-BROWN DIRECTOR/PRESIDENT 0.50
Officer Director
$0 $0 $0
BABAK ADIBI DIRECTOR 0.50
Director
$0 $0 $0
PATRICK DEGG DIRECTOR 0.50
Director
$0 $0 $0
ERLEND BO DIRECTOR 0.50
Director
$0 $0 $0
MARINA HADLEY DIRECTOR 0.50
Director
$0 $0 $0
KAAREN HAMILTON DIRECTOR 0.50
Director
$0 $0 $0
DANIEL IACOFANO DIRECTOR 0.50
Director
$0 $0 $0
JESSIE BILLING SECRETARY/TREASURER 1.00
Officer
$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 $1,318,113 $1,064,833 $385,338 $253,280
2024 No data No data No data No data
2023 $154,716 $141,830 $126,922 $12,886
2022 $249,800 $967,234 $114,036 $-717,434
2021 $817,585 $14,854 $831,470 $802,731
2020 $453,912 $439,743 $28,739 $14,169
2019 $791,958 $937,025 $14,570 $-145,067
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