KIRKSVILLE, MO
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)TRUMAN STATE UNIVERSITY FOUNDATION, founded in 1984, is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $4.6M left a modest 8% surplus.
THE MISSION OF THE TRUMAN STATE UNIVERSITY FOUNDATION IS TO SUPPORT THE GOALS AND ACTIVITIES OF TRUMAN STATE UNIVERSITY BY OBTAINING FINANCIAL SUPPORT, NURTURING VIABLE RELATIONSHIPS WITH EXTERNAL CONSTITUENCIES, AND SERVING AS PRUDENT FINANCIAL STEWARDS OF THE FOUNDATION'S RESOURCES.
SCHOLARSHIP PROGRAMS: SCHOLARSHIPS ARE PROVIDED FOR TRUMAN STATE UNIVERSITY STUDENTS IN ACCORDANCE WITH CRITERIA ESTABLISHED BY DONORS FOR THE VARIOUS SCHOLARSHIP FUNDS. FOR FISCAL YEAR 2025, THE...
SCHOLARSHIP PROGRAMS: SCHOLARSHIPS ARE PROVIDED FOR TRUMAN STATE UNIVERSITY STUDENTS IN ACCORDANCE WITH CRITERIA ESTABLISHED BY DONORS FOR THE VARIOUS SCHOLARSHIP FUNDS. FOR FISCAL YEAR 2025, THE FOUNDATION GRANTED SCHOLARSHIPS TO 756 STUDENTS.
HIGHER EDUCATION: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF ACADEMIC AREAS AND INITIATIVES AT TRUMAN STATE UNIVERSITY, WHICH INCLUDES EXPENDITURES FOR OPERATING EXPENSES OF THE VARIOUS...
HIGHER EDUCATION: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF ACADEMIC AREAS AND INITIATIVES AT TRUMAN STATE UNIVERSITY, WHICH INCLUDES EXPENDITURES FOR OPERATING EXPENSES OF THE VARIOUS ACADEMIC UNITS, INSTITUTIONAL CAPITAL PROJECTS, ACADEMIC LEARNING EVENTS, AND SUPPLEMENTING OF THE BUDGETS FOR THE VARIOUS DEPARTMENTS PROVIDED BY THE UNIVERSITY. THE FOUNDATION ALSO OPERATES A STUDENT LOAN FUND WHICH MAKES LOANS ONLY TO TRUMAN STATE UNIVERSITY STUDENTS TO ASSIST THEM WITH THE COST OF ATTENDANCE AT THE UNIVERSITY.
ATHLETIC AND SPORTS PROGRAMS: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF THE ATHLETIC PROGRAMS AT TRUMAN STATE UNIVERSITY. THE FOUNDATION AND UNIVERSITY SUPPORT 18 SPORTS PROGRAMS AND 369...
ATHLETIC AND SPORTS PROGRAMS: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF THE ATHLETIC PROGRAMS AT TRUMAN STATE UNIVERSITY. THE FOUNDATION AND UNIVERSITY SUPPORT 18 SPORTS PROGRAMS AND 369 STUDENT ATHLETES. THE SUPPORT FROM THE FOUNDATION IS USED FOR SUCH AREAS AS TEAM TRAVEL TO SPORTING EVENTS AND OTHER DIRECT EXPENSES OF THE SPORTS PROGRAMS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,027,739 | $6,897,011 | -0.3% |
| Expenses | $4,633,477 | $4,880,842 | -0.1% |
| Net Income | $394,262 | $2,016,169 | -0.8% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CALANEET BALAS | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL GARNETT | VICE PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR SUSAN THOMAS | UNIVERSITY PRESIDENT | 5.00 |
Officer
Director
|
$0 | $98,971 | $439,626 |
| RASHMI PRASAD | BOARD MEMBER | 2.00 |
Director
|
$0 | $47,231 | $197,695 |
| EMMA SUCHSLAND | STUDENT REPRESENTATIVE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN AYRES | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PHILIP CHRISTOFFERSON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID CLEAVER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID CLITHERO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT GAYDEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| NANCY GINGRICH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| AMANDA GIOIA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LAUREN GRAMLICH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LORI HART | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JESSICA HILL | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BILL LOVEGREEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TONY MAREK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| OVETTA SAMPSON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| AMY KRISTIN SANDERS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT STILLEY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JASON TURK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID WOODS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES HUNSAKER | SECRETARY EX OFFICIO - AS OF 11/24 | 5.00 |
Officer
|
$0 | $31,305 | $121,069 |
| DR ERNIE HUGHES | SECRETARY EX OFFICIO - THRU 12/24 | 5.00 |
Officer
|
$0 | $56,878 | $226,310 |
| MARK HERRMANN | GENERAL COUNSEL EX OFFICIO | 2.00 |
Officer
|
$0 | $22,124 | $81,486 |
| MICHAEL GARZANELLI | TREASURER EX OFFICIO | 8.00 |
Officer
|
$0 | $38,235 | $144,492 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,027,739 | $4,633,477 | $85,669,112 | $394,262 |
| 2024 | $6,897,011 | $4,880,842 | $78,927,688 | $2,016,169 |
| 2023 | $1,852,234 | $3,945,825 | $72,042,524 | $-2,093,591 |
| 2022 | $10,814,478 | $3,082,008 | $67,951,751 | $7,732,470 |
| 2021 | $10,024,797 | $2,493,521 | $76,944,452 | $7,531,276 |
| 2020 | $10,154,800 | $3,979,744 | $60,884,322 | $6,175,056 |
| 2019 | $7,668,230 | $3,754,047 | $58,865,509 | $3,914,183 |
| 2018 | $5,647,415 | $2,904,668 | $55,463,013 | $2,742,747 |
Compare TRUMAN STATE UNIVERSITY FOUNDATION with other nonprofits in Missouri and across the country.