OSHER LIFELONG LEARNING INSTITUTE AT THE UNIVERSITY OF VIRGINIA (EIN 542018263) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

GARY NIMAX

Phone

4349233600

Tax Period

2023-07-01 to 2024-06-30

OSHER LIFELONG LEARNING INSTITUTE AT THE UNIVERSITY OF VIRGINIA, founded in 2000, is a small nonprofit in the Education sector that reported $420K in total revenue in fiscal year 2017. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $3.2M represent 90 months of operating reserves.

Mission

PROVIDE HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR ACTIVE ADULTS. THE FOUNDATION OFFERS OVER 150 COURSES ANNUALLY AT MINIMAL COST TO ITS APPROXIMATELY 1,000 MEMBERS IN THE CENTRAL VA AREA. THE FOUNDATION UTILIZES A 250+ VOLUNTEER BASE TO TEACH AND SUPPORT THESE OFFERINGS. THE FOUNDATION ALSO OFFERS EVENTS AND COURSES THAT ARE OPEN TO THE GENERAL PUBLIC.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $351,124

Program Service Revenue $153,576

Investment Income $20,169

Other Revenue $0

TOTAL REVENUE $524,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $270,596

Fundraising Expenses $47,510

Program Expenses $328,244

Other Expenses $196,296

TOTAL EXPENSES $466,892

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,869	$651,335	-0.2%
Expenses	$466,892	$562,264	-0.2%
Net Income	$57,977	$89,071	-0.3%

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

Volunteers

250

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

$136,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY NIMAX	PRESIDENT	4.00	Officer Director	$0	$0	$0
MIKE KELLEY	DIRECTOR	1.50	Director	$0	$0	$0
ED PIPER	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
CAROL BINGAMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
PHILLIP SHIFLETT	TREASURER	3.00	Officer Director	$0	$0	$0
MARY VEE CONNELL	DIRECTOR	1.50	Director	$0	$0	$0
P J ROONEY	DIRECTOR	1.50	Director	$0	$0	$0
GAYE WILSON	DIRECTOR	1.50	Director	$0	$0	$0
WILLIAM ADAMS	DIRECTOR	1.50	Director	$0	$0	$0
MILDRED BEST	DIRECTOR	1.50	Director	$0	$0	$0
ALTHEA BROOKS	DIRECTOR	1.50	Director	$0	$0	$0
CHARLES HAMILTON	DIRECTOR	1.50	Director	$0	$0	$0
KRISTEN MYNES	DIRECTOR	1.50	Director	$0	$0	$0
MIKE STAHL	DIRECTOR	1.50	Director	$0	$0	$0
ROBERT BOND	DIRECTOR	1.50	Director	$0	$0	$0
HORACE SCRUGGS	DIRECTOR	1.50	Director	$0	$0	$0
TAY STRAUSS	DIR. OF PROGRAMMING	40.00	Officer	$68,475	$0	$68,475
GENEVIEVE BAER	DIR. OF OPERATIONS AND MEM	40.00	Officer	$68,475	$0	$68,475

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	No data	No data	No data	No data
2024	$524,869	$466,892	$4,093,149	$57,977
2023	$651,335	$562,264	$4,036,034	$89,071
2022	$498,729	$412,947	$4,179,316	$85,782
2021	$383,659	$359,574	$4,527,266	$24,085
2020	$443,170	$396,268	$3,306,198	$46,902
2019	$529,538	$440,149	$3,273,247	$89,389
2018	$420,360	$454,129	$3,171,417	$-33,769

OSHER LIFELONG LEARNING INSTITUTE AT THE UNIVERSITY OF VIRGINIA