EASTERN MICHIGAN UNIVERSITY FOUNDATION (EIN 382953297) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

MAHER SALAH

Phone

7344841322

Tax Period

2024-07-01 to 2025-06-30

EASTERN MICHIGAN UNIVERSITY FOUNDATION, founded in 1990, is a mid-sized nonprofit in the Education sector that reported $20.9M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $20.2M left a modest 3% surplus.

Mission

EASTERN MICHIGAN UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SOLICIT PRIVATE FUNDS ON BEHALF OF AND FOR THE EXCLUSIVE BENEFIT OF EASTERN MICHIGAN UNIVERSITY, AND TO EXPAND ITS RESOURCE BASE THROUGH THE MANAGEMENT OF ASSETS AND THE INVESTMENT AND DISBURSEMENT OF FUNDS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,777,234

Program Service Revenue $1,950,193

Investment Income $4,150,473

Other Revenue $38,967

TOTAL REVENUE $20,916,867

Expense Breakdown

Grants Paid $15,346,660

Salaries & Benefits $3,130,905

Fundraising Expenses $2,356,037

Program Expenses $15,346,660

Other Expenses $1,715,093

TOTAL EXPENSES $20,192,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,916,867	$29,209,344	-0.3%
Expenses	$20,192,658	$23,303,970	-0.1%
Net Income	$724,209	$5,905,374	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$946,808

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MILTON MACK	CHAIR	1.00	Officer Director	$0	$0	$0
SAMUEL HIRSCH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KAREN PACIOREK	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD NORTHRUP	TREASURER	1.00	Officer Director	$0	$0	$0
DONALD LOPPNOW	MEMBER AT LARGE	1.00	Officer Director	$0	$0	$0
KAREN ANDREWS	TRUSTEE	0.50	Director	$0	$0	$0
JOHN BAILEY	TRUSTEE	0.50	Director	$0	$0	$0
JEREMIAH BELTON	TRUSTEE	0.50	Director	$0	$0	$0
HOWARD BOOTH	TRUSTEE	0.50	Director	$0	$0	$0
JACK BOOTH	TRUSTEE	0.50	Director	$0	$0	$0
JEFFREY BOURDON	TRUSTEE	0.50	Director	$0	$0	$0
MARILYN CORSIANOS	TRUSTEE	0.50	Director	$0	$0	$0
TERI DENNINGS	TRUSTEE	0.50	Director	$0	$0	$0
KENNETH DOBSON	TRUSTEE	0.50	Director	$0	$0	$0
BRIAN EINHORN	TRUSTEE	0.50	Director	$0	$0	$0
SAMUEL ESTES	TRUSTEE	0.50	Director	$0	$0	$0
NATHAN FORD	TRUSTEE	0.50	Director	$0	$0	$0
SCOTT FRUSH	TRUSTEE - PART YEAR	0.50	Director	$0	$0	$0
JEROME HARVEY	TRUSTEE	0.50	Director	$0	$0	$0
ROBERT HENRY	TRUSTEE	0.50	Director	$0	$0	$0
MARWAN ISSA	TRUSTEE	0.50	Director	$0	$0	$0
JOYCE JENEREAUX	TRUSTEE	0.50	Director	$0	$0	$0
MARY SUE MARZ	TRUSTEE	0.50	Director	$0	$0	$0
DANIEL OPPERMAN	TRUSTEE	0.50	Director	$0	$0	$0
SHARON SCHWARTZ	TRUSTEE	0.50	Director	$0	$0	$0
NEETU SETH	TRUSTEE	0.50	Director	$0	$0	$0
JAMES SMITH	TRUSTEE	0.50	Director	$0	$0	$0
ZACH WIGAL	TRUSTEE	0.50	Director	$0	$0	$0
TSU-YIN WU	TRUSTEE	0.50	Director	$0	$0	$0
CHAD NEWTON	TRUSTEE - PART YEAR	0.50	Director	$0	$0	$0
MAHER SALAH	VP FOR ADVANCEMENT/EXEC DIR EMUF	40.00	Officer	$303,965	$115,507	$419,472
JILL HUNSBERGER	ASSOC VP ADVANCEMENT	40.00	Officer	$139,774	$53,114	$192,888
VINCENT CAVATAIO	ASST VP ADV SVCS & STRAT SOLUTIONS	40.00	Officer	$137,945	$14,381	$152,326
LAURA WILBANKS	CHIEF FINANCIAL OFFICER	40.00	Officer	$151,470	$30,652	$182,122
LISA COMBEN	SR DIR DEVELOPMENT CORP & FOUNDATION	40.00	Highest	$102,977	$28,647	$131,624
JULAINE LEDUC	DIR DEV, COLLEGE ARTS & SCIENCE	40.00	Highest	$102,782	$16,659	$119,441
MIA MILTON	EXEC DIR ALUMNI ENGAGEMENT	40.00	Highest	$103,677	$16,659	$120,336
DAMON ROSENTHAL	DATA SERVICES & INFO SYSTEMS ANALYST	40.00	Highest	$106,506	$34,309	$140,815

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	$20,916,867	$20,192,658	$130,113,641	$724,209
2024	No data	No data	No data	No data
2023	$20,178,449	$17,505,913	$106,176,208	$2,672,536
2022	$32,850,037	$16,633,698	$99,026,744	$16,216,339
2021	$17,682,434	$13,613,045	$101,077,595	$4,069,389
2020	$14,420,618	$12,284,346	$82,145,619	$2,136,272
2019	$12,529,837	$12,420,160	$81,308,938	$109,677
2018	$11,479,867	$9,587,408	$85,891,754	$1,892,459

EASTERN MICHIGAN UNIVERSITY FOUNDATION