CENTRAL STATE UNIVERSITY 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

1965

Legal Domicile

Phone

9376401214

Tax Period

2020-07-01 to 2021-06-30

CENTRAL STATE UNIVERSITY FOUNDATION, founded in 1965, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2020. The organization ran a surplus of $1.2M, a strong 27% operating margin.

Mission

TO PROV IDE CENTRAL STATE UNIVERSITY STUDENTS WITH FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AWARDS HOUSING AND FEE REIMBURSEMENTS AND HELP SERVE CENTRAL STATE UNIVERSITY EDUCATIONAL UNDERTAKINGS

Program Service Accomplishments

Program 1

Expenses: $2,649,240 Revenue: $2,617,110

RENTAL OF STUDENT ACCOMODATIONS

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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 (2020)

Revenue Breakdown

Contributions & Grants $502,434

Program Service Revenue $2,979,303

Investment Income $827,001

Other Revenue $0

TOTAL REVENUE $4,308,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,121

Fundraising Expenses $110,203

Program Expenses $2,649,240

Other Expenses $2,979,209

TOTAL EXPENSES $3,148,663

Year-over-Year Comparison

	2020	2019	Change
Revenue	$4,308,738	N/A	N/A
Expenses	$3,148,663	N/A	N/A
Net Income	$1,160,075	$0	N/A

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

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

$92,456

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Derek Anderson	Trustee	2.00	Director	$0	$0	$0
Kimberly Brooks	Vice-President	2.00	Officer Director	$0	$0	$0
Alvin Tucker	Treasurer	2.00	Officer Director	$0	$0	$0
Sidney Evans	Trustee	2.00	Director	$0	$0	$0
Vernon Ford	Secretary	2.00	Officer Director	$0	$0	$0
Dr Deborah Perkins	President	2.00	Officer Director	$0	$0	$0
Dr Charles Whitehead	Trustee	2.00	Director	$0	$0	$0
Dr Veronica Watkins	Executive Director	40.00	Key Emp	$92,456	$0	$92,456
Michael L Nelson Sr	Trustee	2.00	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
2021	$4,308,738	$3,148,663	$18,617,236	$1,160,075
2020	$4,518,146	$4,489,281	$18,520,661	$28,865
2018	$4,578,215	$4,509,277	$20,873,492	$68,938