UNIVERSITY OF STRATHCLYDE USA FOUNDATION (EIN 521596191) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

DAVID STIRLING

Phone

6468670994

Tax Period

2024-01-01 to 2024-12-31

UNIVERSITY OF STRATHCLYDE USA FOUNDATION, founded in 1988, is a small nonprofit that reported $441K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $689K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO SUPPORT EDUCATIONAL ACTIVITIES, PROJECTS AND PROGRAMS AT THE UNIVERSITY OF STRATHCLYDE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $439,897

Program Service Revenue $0

Investment Income $890

Other Revenue $0

TOTAL REVENUE $440,787

Expense Breakdown

Grants Paid $674,965

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $674,965

Other Expenses $14,060

TOTAL EXPENSES $689,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$440,787	$613,526	-0.3%
Expenses	$689,025	$390,609	+0.8%
Net Income	$-248,238	$222,917	-2.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN SMITH	DIRECTOR	0.50	Director	$0	$0	$0
DAVID STIRLING	PRESIDENT/DIRECTOR	0.50	Officer Director	$0	$0	$0
DONALD COLVIN	DIRECTOR	0.50	Director	$0	$0	$0
ALAN SEMPLE	DIRECTOR	0.50	Director	$0	$0	$0
KAREN BOYLE	SECRETARY/TREASURER	2.00	Officer	$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
2024	$440,787	$689,025	$51,617	$-248,238
2023	$613,526	$390,609	$299,855	$222,917
2022	$461,833	$1,765,440	$76,938	$-1,303,607
2021	$2,522,887	$1,472,832	$1,380,545	$1,050,055
2020	$1,405,013	$1,189,598	$330,490	$215,415
2019	$326,521	$237,645	$115,075	$88,876

UNIVERSITY OF STRATHCLYDE USA FOUNDATION