NORFOLK, VA
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)OLD DOMINION ATHLETIC FOUNDATION, founded in 1964, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $12.4M exceeded revenue, resulting in a 45% operating deficit.
THE MISSION OF OLD DOMINION ATHLETIC FOUNDATION IS: A. TO FINANCIALLY AID AND SUPPORT THE ATHLETIC PROGRAMS OF OLD DOMINION UNIVERSITY. B. TO STRENGTHEN AND SUPPORT THE EDUCATIONAL PURPOSES OF OLD DOMINION UNIVERSITY'S ATHLETIC PROGRAMS IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THE NCAA AND THE APPROPRIATE AFFILIATED CONFERENCE(S) AND THE UNIVERSITY.
TO PROVIDE SUPPORT TO THE OLD DOMINION UNIVERSITY ATHLETIC PROGRAMS, TO INCLUDE SCHOLARSHIPS FOR STUDENT ATHLETES, AND PROVIDE PROGRAM SUPPORT FOR THE NCAA DIVISION I SPORTS PROGRAMS IN WHICH THE...
TO PROVIDE SUPPORT TO THE OLD DOMINION UNIVERSITY ATHLETIC PROGRAMS, TO INCLUDE SCHOLARSHIPS FOR STUDENT ATHLETES, AND PROVIDE PROGRAM SUPPORT FOR THE NCAA DIVISION I SPORTS PROGRAMS IN WHICH THE UNIVERSITY COMPETES. PROGRAM SUPPORT INCLUDES FUNDING FOR TRAVEL AND TRANSPORTATION, SUPPLIES, EQUIPMENT AND MAINTENANCE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $8,548,905 | $14,428,347 | -0.4% |
| Expenses | $12,398,621 | $14,083,299 | -0.1% |
| Net Income | $-3,849,716 | $345,048 | -12.2% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| H SCOTT HARDISON | CHAIR | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY TILL | FIRST VICE CHAIR | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| RUSSELL S TURNER | SECOND VICE TRUSTEE | 0.1 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS F CHERRY | SECRETARY/TREASURER | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| MONIQUE ADAMS | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| CARLTON BENNETT | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JERRY BOWMAN | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| WILLIAM BROTHERS | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| GERALD P BRUNICK | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| AUDRA BULLOCK | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JEFFREY S CHERNITZER | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| DANIEL J CLARKSON | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| TREY DUDLEY | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| MICHAEL FOWLER | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JEROME B FRIEDMAN | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| AMY FROSTICK | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| BRIAN K HOLLAND | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| THOMAS M JOHNSTON | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| RICHARD F KIEFNER JR | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| BARRY M KORNBLAU | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JEFFREY D KORNBLAU | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| ROBERT G KREBS | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| RICHARD A MCGRATH | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JEREMY MCLENDON | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JOSEPH MERSEL | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| EG MIDDLETON III | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| GEORGINA MILLER | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| ALEX MITCHUM | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| ROBIN D RAY | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| EDWARD J REED | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| RONALD C RIPLEY | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| CONRAD SHUMADINE | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| JAMES S SOMERS | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| DAVID STOCKMEIER | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| RICHARD B THURMOND | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| W RUSSELL TURNER | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| KATHRYN M VAN BUREN | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| RAY G WRITTERSHEIM | TRUSTEE | 0.1 |
Director
|
$0 | $0 | $0 |
| BRIAN HEMPHILL | EX-OFFICIO | 0.1 |
Director
|
$0 | $0 | $0 |
| ANDRE WELLS | EX-OFFICIO (THRU 06/2023) | 0.1 |
Director
|
$0 | $0 | $0 |
| JANET CARTER | EX-OFFICIO (From 07/2023) | 0.1 |
Director
|
$0 | $0 | $0 |
| CAMDEN WOOD SELIG | EX-OFFICIO | 0.1 |
Director
|
$0 | $0 | $0 |
| ALONZO BRANDON | EX-OFFICIO | 0.1 |
Director
|
$0 | $0 | $0 |
| MIKE LAROCK | ASST. TREASURER | 9.0 |
Officer
|
$0 | $0 | $0 |
| CINDY GALL | ASST. SECRETARY | 13.0 |
Officer
|
$0 | $0 | $0 |
| JENA VIRGA | EXECUTIVE DIRECTOR | 10.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $8,548,905 | $12,398,621 | $70,523,628 | $-3,849,716 |
| 2022 | $14,428,347 | $14,083,299 | $70,701,057 | $345,048 |
| 2021 | $6,634,127 | $8,282,545 | $75,318,666 | $-1,648,418 |
| 2020 | $11,016,579 | $8,073,869 | $67,759,888 | $2,942,710 |
| 2019 | $11,408,952 | $7,570,014 | $60,312,374 | $3,838,938 |
| 2018 | $13,840,532 | $7,370,082 | $51,401,801 | $6,470,450 |
Compare OLD DOMINION ATHLETIC FOUNDATION with other nonprofits in Virginia and across the country.