Old Dominion University Real Estate Foundatio (EIN 541744996) - 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

1995

Legal Domicile

Principal Officer

TARA SAUNDERS

Phone

7576834524

Tax Period

2023-01-01 to 2023-12-31

Old Dominion Unversity Real Estate Foundation, founded in 1995, is a community nonprofit in the Unknown sector that reported $4.2M in total revenue in fiscal year 2018. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $3.7M left a modest 10% surplus.

Mission

THE OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION IS A TAX-EXEMPT, NONPROFIT ORGANIZATION CREATED TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $533,533

Program Service Revenue $0

Investment Income $3,703,818

Other Revenue $462,886

TOTAL REVENUE $4,700,237

Expense Breakdown

Grants Paid $233,146

Salaries & Benefits $332,598

Fundraising Expenses $0

Program Expenses $3,415,886

Other Expenses $3,047,754

TOTAL EXPENSES $3,613,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,700,237	$4,230,568	+0.1%
Expenses	$3,613,498	$3,662,443	0.0%
Net Income	$1,086,739	$568,125	+0.9%

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

N/A

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

$524,259

Total Directors

$824,052

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN HEMPHILL	EX-OFFICIO	0.5	Director	$0	$64,067	$824,052
MICHAEL S LAROCK	ASSISTANT TREASURER	9.0	Officer	$0	$36,500	$227,886
TARA F SAUNDERS	EXECUTIVE DIRECTOR	40.0	Officer	$0	$38,817	$210,310
CINDY R GALL	ASSISTANT SECRETARY	13.0	Officer	$0	$20,601	$86,063
LISA F CHANDLER	CHAIR	0.8	Officer Director	$0	$0	$0
JARED CHALK	TRUSTEE	0.3	Director	$0	$0	$0
MILES LEON	TRUSTEE	0.3	Director	$0	$0	$0
JOSEPH A LOWERY	SECRETARY/TREASURER	0.5	Officer Director	$0	$0	$0
TERESA C PETERS	VICE CHAIR	0.5	Officer Director	$0	$0	$0
KENNETH E RODMAN JR	TRUSTEE	0.3	Director	$0	$0	$0
KAREN SHAFFER	TRUSTEE	0.3	Director	$0	$0	$0
JEREMY R STARKEY	TRUSTEE	0.3	Director	$0	$0	$0
DEBORAH K STEARNS	TRUSTEE	0.3	Director	$0	$0	$0
NATHANIEL P TYLER	TRUSTEE	0.3	Director	$0	$0	$0
STEVEN C WRIGHT	TRUSTEE	0.3	Director	$0	$0	$0
GEORGE L CONSOLVO	DIRECTOR EMERITUS	0.0	Director	$0	$0	$0
ROBERT L DEWEY	DIRECTOR EMERITUS	0.0	Director	$0	$0	$0
LARRY R HILL	TRUSTEE/BOV REPRESENTATIVE	0.5	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
2024	No data	No data	No data	No data
2023	$4,700,237	$3,613,498	$74,806,870	$1,086,739
2022	$4,230,568	$3,662,443	$77,759,835	$568,125
2021	$4,286,048	$3,602,895	$82,050,791	$683,153
2020	$4,399,787	$3,890,980	$84,903,572	$508,807
2019	$4,860,746	$3,888,973	$88,711,328	$971,773
2018	$4,155,458	$3,744,428	$89,778,145	$411,030

Old Dominion University Real Estate Foundatio