DENISON UNIVERSITY RESEARCH FOUNDATION

EIN: 316024390 501(c)(3) Education

GRANVILLE, OH

Total Revenue
$82,320
Total Expenses
$191,681
Total Assets
$2,848,943
Net Assets
$2,847,443
🔒

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
1942
Legal Domicile
OH
Principal Officer
KIMBERLY SPECHT
Phone
7405876281
Tax Period
2024-07-01 to 2025-06-30

DENISON UNIVERSITY RESEARCH FOUNDATION, founded in 1942, is a micro nonprofit in the Education sector that reported $82K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $192K exceeded revenue, resulting in a 133% operating deficit.

Mission

THE MISSION OF THE DENISON UNIVERSITY RESEARCH FOUNDATION IS TO SUSTAIN THE RESEARCH OF THE FACULTY OF DENISON UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $184,656 Revenue: $0

PROVIDED FUNDING FOR 30 GRANTS FOR THE EDUCATIONAL DEVELOPMENT OF THE TEACHING STAFF AND STUDENTS OF DENISON 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 $26,384
Program Service Revenue $0
Investment Income $55,936
Other Revenue $0
TOTAL REVENUE $82,320

Expense Breakdown

Grants Paid $184,656
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $184,656
Other Expenses $7,025
TOTAL EXPENSES $191,681

Year-over-Year Comparison

2024 2023 Change
Revenue $82,320 $156,968 -0.5%
Expenses $191,681 $162,977 +0.2%
Net Income $-109,361 $-6,009 +17.2%
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
9
Independent Members
9
Employees
N/A
Volunteers
10

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
3
$1,866,769
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROD KORBA TRUSTEE 0.50
Director
$0 $0 $0
MICAH TRAPP TRUSTEE 0.50
Director
$0 $0 $0
THOMAS HATTERSLEY TRUSTEE 0.50
Director
$0 $0 $0
DOUGLAS HOLTZ-EAKIN TRUSTEE 0.50
Director
$0 $0 $0
DAVID SCHMIDT TRUSTEE 0.50
Director
$0 $0 $0
MARTIN JONES TRUSTEE 0.50
Director
$0 $0 $0
SHEILA LITTLE TRUSTEE/VICE CHAIR 0.50
Director
$0 $0 $0
NANNETTE MACIEJUNES TRUSTEE 0.50
Director
$0 $0 $0
GAIL WEISS TRUSTEE 0.50
Director
$0 $0 $0
ADAM WEINBERG PRESIDENT, DENISON UNIV. 0.50
Officer
$0 $255,832 $1,224,166
KIMBERLY SPECHT EXECUTIVE DIRECTOR 0.50
Officer
$0 $57,904 $213,809
DAVID ENGLISH VP FOR FIN.&MGMT.,DENISON 0.50
Officer
$0 $65,525 $428,794
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 $82,320 $191,681 $2,848,943 $-109,361
2024 No data No data No data No data
2023 $136,741 $220,472 $2,667,007 $-83,731
2022 $200,425 $83,624 $2,934,910 $116,801
2021 $306,784 $113,701 $3,171,715 $193,083
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DENISON UNIVERSITY RESEARCH FOUNDATION with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.