LONGWOOD UNIVERSITY FOUNDATION INC

🔒

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

Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

BOB WERTZ

Phone

4343952033

Tax Period

2023-01-01 to 2023-12-31

LONGWOOD UNIVERSITY FOUNDATION INC, founded in 1959, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $105.6M represent 174 months of operating reserves.

Mission

LONGWOOD UNIVERSITY FOUNDATION ENHANCES THE IMAGE OF LONGWOOD UNIVERSITY BY SUPPORTING THE INSTITUTION'S ACADEMIC, SOCIAL, AND ECONOMIC GOALS. THE FOUNDATION SEEKS TO MAXIMIZE PRIVATE SECTOR SUPPORT BY ENGAGING IN ETHICAL AND RESPONSIBLE DONOR CULTIVATION, STRATEGIC INVESTMENT PLANS, AND TIMELY DISTRIBUTION OF PRIVATE RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $5,408,516

LONGWOOD UNIVERSITY FOUNDATION SUPPORTS VARIOUS PROGRAMS FOR LONGWOOD UNIVERSITY. THIS SUPPORT INCLUDES PROVIDING SCHOLARSHIPS TO 772 STUDENTS DURING 2023, ADMINISTERING AND GROWING THE SCHOLARSHIP ENDOWMENT TO PROMOTE STUDENT FINANCIAL INDEPENDENCE, AND SOLICITING DONATIONS. THE FOUNDATION ALSO ADMINISTERS THE PROGRAM ENDOWMENT WHICH FUNDS CERTAIN OPERATING NEEDS FOR THE UNIVERSITY'S ACADEMIC DEPARTMENTS, ATHLETICS, AND SPECIAL PROGRAMS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,283,092

Program Service Revenue $0

Investment Income $4,985,563

Other Revenue $20,351

TOTAL REVENUE $7,289,006

Expense Breakdown

Grants Paid $5,395,872

Salaries & Benefits $1,032,783

Fundraising Expenses $462,931

Program Expenses $5,408,516

Other Expenses $938,723

TOTAL EXPENSES $7,367,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,289,006	$9,284,971	-0.2%
Expenses	$7,367,378	$7,046,904	+0.0%
Net Income	$-78,372	$2,238,067	-1.0%

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

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

$423,509

Total Directors

$260,314

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT S WERTZ JR	PRESIDENT	5.00	Officer Director	$0	$0	$0
TAMARA JONES	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
EILEEN M ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH W BARTHOLOMEW III	DIRECTOR	0.50	Director	$0	$0	$0
KATHARINE BOND	DIRECTOR	0.50	Director	$0	$0	$0
MEGAN CLARK	DIRECTOR	0.50	Director	$0	$0	$0
BONNIE DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
CHUCK DOWDY	DIRECTOR	0.50	Director	$0	$0	$0
COLIN DUCHARME	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN FIERRO	DIRECTOR	0.50	Director	$0	$0	$0
MARK FINK	DIRECTOR	0.50	Director	$0	$0	$0
JERIS JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
KEITH LATIMER	DIRECTOR	0.50	Director	$0	$0	$0
TROY L LITTLES	DIRECTOR	0.50	Director	$0	$0	$0
PAULA MCDONOUGH	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE MELNYK JR	DIRECTOR	0.50	Director	$0	$0	$0
DAN OAKEY	DIRECTOR	0.50	Director	$0	$0	$0
JULIE RAMSEY	DIRECTOR	0.50	Director	$0	$0	$0
MARY THORNTON	DIRECTOR	0.50	Director	$0	$0	$0
PIA TRIGIANI	DIRECTOR	0.50	Director	$0	$0	$0
RONALD WHITE	DIRECTOR	0.50	Director	$0	$0	$0
DAVID WHITUS	DIRECTOR	0.50	Director	$0	$0	$0
BURT HAZELWOOD	CEO	40.00	Officer Director	$220,003	$40,311	$260,314
MATTHEW MCGREGOR	UNIVERSITY VP EX-OFFICIO	0.50	Director	$0	$0	$0
TAYLOR REVELEY IV	UNIVERSITY PRESIDENT, EX-O	1.00	Director	$0	$0	$0
KATHY FOX	ALUMNI ASSOC VP EX-OFFICI	0.50	Director	$0	$0	$0
DREW HUDSON	CHIEF LIAISON OFFICER EX-OFFICIO	0.50	Director	$0	$0	$0
NEIL MILLER	LONGWOOD SGA TREASURER EX-OFFICIO	0.50	Director	$0	$0	$0
JACOB KEELY	LANCER STUDENT INVEST FUND MGR EX-OFFICIO	0.50	Director	$0	$0	$0
ANTHONY CAPUTO	FELLOW	0.50	Director	$0	$0	$0
KATE FAILLA	FELLOW	0.50	Director	$0	$0	$0
DIAN DYCKES	CONTROLLER	40.00	Officer	$129,290	$33,905	$163,195

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	$7,289,006	$7,367,378	$106,166,411	$-78,372
2022	$9,284,971	$7,046,904	$104,169,025	$2,238,067
2021	$12,872,847	$6,330,727	$112,093,692	$6,542,120
2020	$9,616,741	$6,293,392	$81,295,348	$3,323,349
2019	$8,892,661	$14,280,120	$83,216,612	$-5,387,459