WASHBURN UNIVERSITY FOUNDATION (EIN 486105561) - 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

1865

Legal Domicile

Principal Officer

MARSHALL B MEEK

Phone

7856704483

Tax Period

2023-07-01 to 2024-06-30

WASHBURN UNIVERSITY FOUNDATION, founded in 1865, is a mid-sized nonprofit in the Education sector that reported $34.6M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.1M, a strong 44% operating margin.

Mission

The Foundation was created to assist in the promotion, development and enhancement of the financial resources for Washburn University of Topeka, as well as to receive and hold in trust any assets given in benefit of the 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,142,967

Program Service Revenue $0

Investment Income $7,313,575

Other Revenue $1,147,103

TOTAL REVENUE $34,603,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,613,593

Fundraising Expenses $2,594,333

Program Expenses $15,212,507

Other Expenses $15,885,909

TOTAL EXPENSES $19,499,502

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,603,645	$19,852,314	+0.7%
Expenses	$19,499,502	$24,309,617	-0.2%
Net Income	$15,104,143	$-4,457,303	-4.4%

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

117

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

$345,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHALL B MEEK	President	40.00	Officer	$297,288	$48,629	$345,917
CHRIS PARKER	EXEC DIR OF DEV	40.00		$119,466	$31,667	$151,133
GINA STEWART	EXEC DIR OF ADMIN	40.00		$114,920	$31,486	$146,406
PATRICK MIKESIC	EXEC DIR DEV LAW	40.00		$122,176	$20,551	$142,727
ERIN ALDRIDGE	DIR GIFT PLNG &DEV	40.00		$102,401	$29,567	$131,968
GLENDA CAFER	Treasurer	0.00	Officer Director	$0	$0	$0
LONNIE HOSSFELD	Director	0.00	Director	$0	$0	$0
JIM SLATTERY	Director	0.00	Director	$0	$0	$0
GARY CUSHINBERRY	Director	0.00	Director	$0	$0	$0
NATALIE HAAG	Director	0.00	Director	$0	$0	$0
GEORGE BARTON	Director	0.00	Director	$0	$0	$0
MIKE ELPERS	Director	0.00	Director	$0	$0	$0
BRIAN HAHN	Director	0.00	Director	$0	$0	$0
MIKE LAUGHON	Director	0.00	Director	$0	$0	$0
DAN FOLTZ	Director	0.00	Director	$0	$0	$0
WAYNE BASSO	Director	0.00	Director	$0	$0	$0
JEANNE HOFERER	Director	0.00	Director	$0	$0	$0
DEBORAH ROSE	Director	0.00	Director	$0	$0	$0
DEE BISEL	Director	0.00	Director	$0	$0	$0
NANCY PAUL	Director	0.00	Director	$0	$0	$0
TIM DURST	Director	0.00	Director	$0	$0	$0
JUDY JENKINS HITCHYE	Director	0.00	Director	$0	$0	$0
JOHN PINEGAR	Director	0.00	Director	$0	$0	$0
KRIS KLIMA	Director	0.00	Director	$0	$0	$0
CARRIE SAIA	Director	0.00	Director	$0	$0	$0
GREG GREENWOOD	CHAIRPERSON	0.00	Officer Director	$0	$0	$0
MIKE KUCKELMAN	Director	0.00	Director	$0	$0	$0
ANN HOELTING	Director	0.00	Director	$0	$0	$0
GINGER BREEDLOVE	Director	0.00	Director	$0	$0	$0
SUNEE MICKLE	CHAIRELECT	0.00	Officer Director	$0	$0	$0
SCOT FERRELL	Director	0.00	Director	$0	$0	$0
CINDY WILSON	Secretary	0.00	Officer 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	No data	No data	No data	No data
2024	$34,603,645	$19,499,502	$246,296,300	$15,104,143
2023	$19,852,314	$24,309,617	$218,762,301	$-4,457,303
2022	$17,810,833	$14,231,028	$212,049,839	$3,579,805
2021	$32,131,367	$17,468,656	$234,776,990	$14,662,711
2020	$17,042,055	$15,590,181	$190,936,573	$1,451,874
2019	$16,556,313	$14,775,901	$210,180,839	$1,780,412

WASHBURN UNIVERSITY FOUNDATION