FRIENDS OF QUEEN'S UNIVERSITY OF BELFAST

EIN: 522109532 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$1,983,999
Total Expenses
$2,285,795
Total Assets
$150,479
Net Assets
$131,622
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DC
Principal Officer
KAREN MCMONAGLE
Phone
9149083920
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF QUEEN'S UNIVERSITY OF BELFAST, founded in 1998, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO SUPPORT EDUCATIONAL ACTIVITIES, PROJECTS, AND PROGRAMS OF THE QUEEN'S UNIVERSITY OF BELFAST.

Program Service Accomplishments

Program 1
Expenses: $1,000,000 Revenue: $0

THE SCHOOL OF MECHANICAL AND AEROSPACE ENGINEERING IS A CENTRE OF EXCELLENCE IN ADVANCED ENGINEERING RESEARCH AND EDUCATION, WITH STRENGTHS SPANNING AEROSPACE TECHNOLOGIES, SUSTAINABLE ENERGY...

Read more

THE SCHOOL OF MECHANICAL AND AEROSPACE ENGINEERING IS A CENTRE OF EXCELLENCE IN ADVANCED ENGINEERING RESEARCH AND EDUCATION, WITH STRENGTHS SPANNING AEROSPACE TECHNOLOGIES, SUSTAINABLE ENERGY SYSTEMS, ADVANCED MANUFACTURING, AND MATERIALS SCIENCE. INVESTMENT IN THE SCHOOL WILL SUPPORT THE DEVELOPMENT OF CUTTING-EDGE FACILITIES, INCLUDING THE PROPOSED MATERIALS CHARACTERISATION AND PROCESSING LABORATORY, ENHANCING ITS ABILITY TO DELIVER WORLD-CLASS RESEARCH AND INDUSTRY COLLABORATION. THIS WILL POSITION THE SCHOOL TO PLAY A LEADING ROLE IN ADDRESSING GLOBAL CHALLENGES IN SUSTAINABILITY, INNOVATION, AND HIGH-VALUE MANUFACTURING.

Program 2
Expenses: $754,975 Revenue: $0

THE INSTITUTE FOR GLOBAL PEACE, SECURITY AND JUSTICE BRINGS TOGETHER INTERDISCIPLINARY EXPERTISE TO ADDRESS SOME OF THE MOST PRESSING CHALLENGES FACING SOCIETIES TODAY, INCLUDING CONFLICT RESOLUTION...

Read more

THE INSTITUTE FOR GLOBAL PEACE, SECURITY AND JUSTICE BRINGS TOGETHER INTERDISCIPLINARY EXPERTISE TO ADDRESS SOME OF THE MOST PRESSING CHALLENGES FACING SOCIETIES TODAY, INCLUDING CONFLICT RESOLUTION, HUMAN RIGHTS, SECURITY, AND GOVERNANCE. BUILDING ON NORTHERN IRELAND'S UNIQUE EXPERIENCE IN PEACEBUILDING, THE INSTITUTE HAS A STRONG GLOBAL REPUTATION FOR RESEARCH, POLICY INFLUENCE, AND PRACTICAL IMPACT. PHILANTHROPIC SUPPORT WILL ENABLE THE INSTITUTE TO EXPAND ITS RESEARCH PROGRAMS, DEEPEN INTERNATIONAL PARTNERSHIPS, AND SUPPORT THE NEXT GENERATION OF SCHOLARS AND PRACTITIONERS WORKING AT THE FOREFRONT OF PEACE AND CONFLICT TRANSFORMATION.

Program 3
Expenses: $500,000 Revenue: $0

THE SCHOLARSHIPS FUND WILL PROVIDE CRITICAL SUPPORT FOR POSTGRADUATE STUDENTS, ENABLING TALENTED INDIVIDUALS FROM DIVERSE BACKGROUNDS TO PURSUE ADVANCED STUDY AND RESEARCH AT QUEEN'S. BY REDUCING...

Read more

THE SCHOLARSHIPS FUND WILL PROVIDE CRITICAL SUPPORT FOR POSTGRADUATE STUDENTS, ENABLING TALENTED INDIVIDUALS FROM DIVERSE BACKGROUNDS TO PURSUE ADVANCED STUDY AND RESEARCH AT QUEEN'S. BY REDUCING FINANCIAL BARRIERS, THE FUND WILL HELP ATTRACT AND RETAIN OUTSTANDING STUDENTS, STRENGTHEN THE UNIVERSITY'S RESEARCH CAPACITY, AND FOSTER A VIBRANT, INCLUSIVE ACADEMIC COMMUNITY. PHILANTHROPIC INVESTMENT IN SCHOLARSHIPS DELIVERS LASTING IMPACT, EMPOWERING STUDENTS TO ACHIEVE THEIR POTENTIAL AND CONTRIBUTE MEANINGFULLY TO SOCIETY AND THE GLOBAL ECONOMY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,983,999
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,983,999

Expense Breakdown

Grants Paid $2,274,975
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,274,975
Other Expenses $10,820
TOTAL EXPENSES $2,285,795

Year-over-Year Comparison

2025 2024 Change
Revenue $1,983,999 $1,358,195 +0.5%
Expenses $2,285,795 $1,135,293 +1.0%
Net Income $-301,796 $222,902 -2.4%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN O'DONOGHUE PRESIDENT - UNTIL JULY 2025 1.00
Officer Director
$0 $0 $0
KAREN MCMONAGLE - PRESIDENT FROM JULY 2025 - TRUSTEE FROM APRIL 2025 1.00
Officer Director
$0 $0 $0
EDDIE FRIEL SECRETARY 1.00
Officer Director
$0 $0 $0
CONNOR ALLEN TRUSTEE 1.00
Director
$0 $0 $0
MARTIN GORHAM TRUSTEE 1.00
Director
$0 $0 $0
ANDREA HAUGHIAN TRUSTEE - UNTIL MARCH 2026 1.00
Director
$0 $0 $0
GARETH KEANE TRUSTEE - FROM APRIL 2025 1.00
Director
$0 $0 $0
HUGH ARMSTRONG TRUSTEE - FROM APRIL 2025 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 $1,983,999 $2,285,795 $150,479 $-301,796
2024 No data No data No data No data
2023 $1,094,269 $889,577 $214,066 $204,692
2022 $412,985 $492,675 $10,007 $-79,690
2021 $435,532 $401,433 $95,322 $34,099
2020 $74,880 $140,091 $52,091 $-65,211
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF QUEEN'S UNIVERSITY OF BELFAST with other nonprofits in District of Columbia and across the country.