VIRGINIA COMMONWEALTH UNIVERSITY C… - Form 990 Financial Data

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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

1995

Legal Domicile

Principal Officer

LAURA KOTTKAMP

Phone

8048281475

Tax Period

2024-07-01 to 2025-06-30

VIRGINIA COMMONWEALTH UNIVERSITY COLLEGE OF ENGINEERING FOUNDATION, founded in 1995, is a community nonprofit in the Education sector that reported $9.5M in total revenue in fiscal year 2024. Revenue surged 95% from the prior year, signaling strong growth momentum. Expenses of $8.5M left a modest 11% surplus.

Mission

TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF ENGINEERING.

Program Service Accomplishments

Program 1

Expenses: $7,896,351 Revenue: $4,022,425

SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY THROUGH THE MANAGEMENT OF THE SCHOOL OF ENGINEERING PROPERTY AND FUNDS.

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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 $5,020,047

Program Service Revenue $3,964,770

Investment Income $486,586

Other Revenue $58,163

TOTAL REVENUE $9,529,566

Expense Breakdown

Grants Paid $4,452,925

Salaries & Benefits $161,509

Fundraising Expenses $58,786

Program Expenses $7,896,351

Other Expenses $3,895,086

TOTAL EXPENSES $8,509,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,529,566	$4,875,602	+1.0%
Expenses	$8,509,520	$11,884,633	-0.3%
Net Income	$1,020,046	$-7,009,031	-1.1%

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

$154,037

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS KONSTANTINOS	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN BISCHOFF	TRUSTEE	1.00	Director	$0	$0	$0
ADVAIT APTE	TRUSTEE	1.00	Director	$0	$0	$0
JAMES HOLLOWAY	TRUSTEE	1.00	Director	$0	$0	$0
CHUNG-CHEE TAI	TRUSTEE	1.00	Director	$0	$0	$0
DAVID BOARDMAN	TRUSTEE	1.00	Director	$0	$0	$0
MONIQUE JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
BRAD WELLES	TRUSTEE	1.00	Director	$0	$0	$0
DR MICHAEL RAO	EX OFFICIO TRUSTEE	1.00	Director	$0	$0	$0
EMILY STOCK	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN HAUG	TRUSTEE	1.00	Director	$0	$0	$0
JASON BUTLER	TRUSTEE	1.00	Director	$0	$0	$0
JULIA CAIN	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD JUPE	TRUSTEE	1.00	Director	$0	$0	$0
OSCAR MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
P TEMPLE BALLARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
RANDY REYNOLDS	EX OFFICIO TRUSTEE	1.00	Director	$0	$0	$0
SHARI LITOW	TRUSTEE	1.00	Director	$0	$0	$0
CORRELL MOORE	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM H GOODWIN JR	CHAIRMAN EMERITUS	1.00	Officer Director	$0	$0	$0
RHONDA WILLIAMS	TRUSTEE	1.00	Director	$0	$0	$0
THE HONORABLE BEN DENDY	TRUSTEE	1.00	Director	$0	$0	$0
LAURA KOTTKAMP	CEO	1.00	Officer	$110,757	$43,280	$154,037

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	$9,529,566	$8,509,520	$110,568,917	$1,020,046
2024	$4,875,602	$11,884,633	$104,684,367	$-7,009,031
2023	$5,470,963	$12,064,236	$107,390,311	$-6,593,273
2022	$9,871,542	$12,954,699	$112,599,166	$-3,083,157
2021	$12,076,889	$31,812,847	$131,974,636	$-19,735,958
2020	$7,073,587	$9,244,155	$113,000,715	$-2,170,568
2018	$31,436,214	$8,165,488	$124,293,504	$23,270,726

VIRGINIA COMMONWEALTH UNIVERSITY COLLEGE OF ENGINEERING FOUNDATION