STUDENT CENTER FOUNDATION

EIN: 396057046 501(c)(3)

Madison, WI

Total Revenue
$127,317
Total Expenses
$113,987
Total Assets
$1,330,065
Net Assets
$1,326,357
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
WI
Principal Officer
Marty Evanson
Phone
6082561389
Tax Period
2024-07-01 to 2025-06-30

STUDENT CENTER FOUNDATION, founded in 1980, is a small nonprofit that reported $127K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $114K left a modest 10% surplus.

Mission

Operate a religious living center for students and faculty of area colleges and universities. Provide support for the associated religious organization. Provide student loans.

Program Service Accomplishments

Program 1
Expenses: $100,471 Revenue: $120,644

Operate a religious living center for students and faculty of area colleges and universities. Capacity 14. Rental rates are comparable to area dormitories. Students are also offered a parking garage...

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Operate a religious living center for students and faculty of area colleges and universities. Capacity 14. Rental rates are comparable to area dormitories. Students are also offered a parking garage for an additional fee. The Student Center Foundation also provides meeting space and financial assistance to the Christian Science Organization at the Universitiy of Wisconsin - Madison campus, and hosts events of interest to Christian Scientists in the area.

Program 2
Expenses: $0 Revenue: $38

Student Loans to pay for tuition and housing. Borrowers must be actively participating in the Student Organization and/or other Christian Science activities.

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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 $6,636
Program Service Revenue $38
Investment Income $57,807
Other Revenue $62,836
TOTAL REVENUE $127,317

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,415
Fundraising Expenses $3,860
Program Expenses $100,471
Other Expenses $112,572
TOTAL EXPENSES $113,987

Year-over-Year Comparison

2024 2023 Change
Revenue $127,317 $100,147 +0.3%
Expenses $113,987 $53,553 +1.1%
Net Income $13,330 $46,594 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
9

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marty Evanson Chairman 4
Director
$0 $0 $0
Gordon Myers Vice Chairman 2
Director
$0 $0 $0
Marjorie Kurtz Board Member 2
Director
$0 $0 $0
Bill Kilgour Board Member 2
Director
$0 $0 $0
Lee Sorensen Board Member 2
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 $127,317 $113,987 $1,330,065 $13,330
2024 $100,147 $53,553 $1,315,432 $46,594
2023 $137,706 $126,677 $1,269,783 $11,029
2022 $47,077 $62,241 $1,265,077 $-15,164
2021 $72,640 $56,190 $1,277,152 $16,450
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