BOWIE STATE UNIVERSITY FOUNDATION INC

EIN: 520952758 501(c)(3) Education

BOWIE, MD

Total Revenue
$10,660,026
Total Expenses
$6,128,421
Total Assets
$64,831,488
Net Assets
$61,715,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MD
Principal Officer
BRENT SWINTON
Phone
3018604308
Tax Period
2024-07-01 to 2025-06-30

BOWIE STATE UNIVERSITY FOUNDATION INC, founded in 1972, is a mid-sized nonprofit in the Education sector that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 43% operating margin.

Mission

TO FACILITATE FUNDRAISING AND STEWARDSHIP EFFORTS OF BOWIE STATE UNIVERSITY.

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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 $6,056,897
Program Service Revenue $0
Investment Income $4,597,684
Other Revenue $5,445
TOTAL REVENUE $10,660,026

Expense Breakdown

Grants Paid $2,088,789
Salaries & Benefits $104,043
Fundraising Expenses $18,025
Program Expenses $5,275,167
Other Expenses $3,935,589
TOTAL EXPENSES $6,128,421

Year-over-Year Comparison

2024 2023 Change
Revenue $10,660,026 $8,742,189 +0.2%
Expenses $6,128,421 $5,521,437 +0.1%
Net Income $4,531,605 $3,220,752 +0.4%
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
19
Independent Members
19
Employees
N/A
Volunteers
21

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
6
$75,151
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFONZO POWELL CHAIR 2.00
Officer Director
$0 $0 $0
CHARLES EXUM VICE CHAIR 1.00
Officer Director
$0 $0 $0
DIVESH GUPTA TREASURER 1.00
Officer Director
$0 $0 $0
RON BUSBY SECRETARY 1.00
Officer Director
$0 $0 $0
DR AMINTA BREAUX BSU PRESIDENT, EX-OFFICIO 1.00
Director
$0 $0 $0
MANISH KUMAR EX-OFFICIO 1.00
Director
$0 $0 $0
STEPHANIE OVERTON STANARD EX-OFFICIO 1.00
Director
$0 $0 $0
ANGEL RICH-JONES MEMBER 1.00
Director
$0 $0 $0
DAMON LESTER MEMBER 1.00
Director
$0 $0 $0
DARLENE BROWN MEMBER 1.00
Director
$0 $0 $0
DARRYL BARNES MEMBER 1.00
Director
$0 $0 $0
DEIDRE JACKSON MEMBER 1.00
Director
$0 $0 $0
DR JOSEPH GREEN MEMBER 1.00
Director
$0 $0 $0
GINA NIGHTENGALE MEMBER 1.00
Director
$0 $0 $0
GREGORY TREY PROCTOR III MEMBER 1.00
Director
$0 $0 $0
JIM SIMPSON MEMBER 1.00
Director
$0 $0 $0
JOHNATHAN BOLDEN MEMBER 1.00
Director
$0 $0 $0
LAKEITHA ANDERSON MEMBER 1.00
Director
$0 $0 $0
LOUIS WILLIAMS MEMBER 1.00
Director
$0 $0 $0
MONIQUE SMITH MEMBER 1.00
Director
$0 $0 $0
TROY WEAVER MEMBER 1.00
Director
$0 $0 $0
WADE A WOOLFOLK MEMBER 1.00
Director
$0 $0 $0
BRENT SWINTON EXECUTIVE DIRECTOR 3.00
Officer
$15,510 $1,116 $16,626
DAPHNE DE SHIELDS CHIEF FINANCIAL OFFICER 20.00
Officer
$54,272 $4,253 $58,525
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 $10,660,026 $6,128,421 $64,831,488 $4,531,605
2024 $8,742,189 $5,521,437 $60,004,233 $3,220,752
2023 $15,712,416 $9,847,811 $53,568,162 $5,864,605
2022 $9,577,897 $2,819,158 $45,853,234 $6,758,739
2021 $29,628,920 $1,248,967 $41,507,328 $28,379,953
2020 $2,032,908 $1,274,832 $11,168,299 $758,076
2019 $2,174,012 $1,200,572 $11,093,948 $973,440
2018 $1,539,190 $1,733,125 $9,327,951 $-193,935
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