VCU INVESTMENT MANAGEMENT COMPANY (EIN 474815851) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2015

Legal Domicile

Principal Officer

BRUCE MACDONALD

Phone

8047293560

Tax Period

2024-07-01 to 2025-06-30

VCU INVESTMENT MANAGEMENT COMPANY, founded in 2015, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2018. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 15% surplus.

Mission

TO PROVIDE INVESTMENT AND INVESTMENT MANAGEMENT AND RELATED SERVICES TO THE RECTOR AND THE BOARD OF VISITORS OF VIRGINIA COMMONWEALTH UNIVERSITY (VCU), AND/OR TO THE PRIVATE AND INDEPENDENT FOUNDATIONS AND OTHER ENTITIES AFFILIATED WITH VCU OPERATING IN SUPPORT OF ITS MISSION.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,046,062

Investment Income $40,475

Other Revenue $19

TOTAL REVENUE $4,086,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,123,670

Fundraising Expenses $0

Program Expenses $3,567,795

Other Expenses $759,971

TOTAL EXPENSES $3,883,641

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,086,556	$3,749,291	+0.1%
Expenses	$3,883,641	$3,570,257	+0.1%
Net Income	$202,915	$179,034	+0.1%

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

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

$1,397,526

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE MACDONALD	CEO AND CIO	40.00	Officer	$926,163	$35,369	$961,532
PHILIP KEEFE	MANAGING DIRECTOR	40.00	Highest	$524,150	$0	$524,150
MICHAEL PELTIER	COO & SECRETARY	40.00	Officer	$400,625	$35,369	$435,994
SARAH KHOURI	VICE PRESIDENT	40.00	Highest	$176,981	$11,990	$188,971
LUCAS HALL	VICE PRESIDENT	40.00	Highest	$101,461	$35,369	$136,830
JOHN LUKE JR	CHAIRMAN	1.00	Director	$0	$0	$0
CHARLES JOHNSON	BOARD VICE CHAIR	1.00	Director	$0	$0	$0
LEE KRUMBEIN	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN C ROBERTS	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
STEVEN HENDERSON	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
LARRY KOCHARD	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
PALMER GARSON	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
BRIAN HIESTAND	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
JEFF M LACKER	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
NAN LEAKE	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
JANE WATKINS	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
GARY ZHU	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$0
JEAN MCGOWAN	TRUSTEE/DIRECTOR	1.00	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
2025	$4,086,556	$3,883,641	$4,132,496	$202,915
2024	$3,749,291	$3,570,257	$3,515,444	$179,034
2023	$3,536,791	$3,525,604	$3,192,952	$11,187
2022	$3,852,276	$2,886,318	$2,789,067	$965,958
2021	$3,331,609	$2,783,027	$2,241,424	$548,582
2020	$2,723,082	$2,373,082	$1,689,856	$350,000
2019	$2,871,503	$2,452,271	$1,479,792	$419,232

VCU INVESTMENT MANAGEMENT COMPANY