PETERSBURG, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VIRGINIA STATE UNIVERSITY FOUNDATION, founded in 1968, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2018. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $409K, a strong 18% operating margin.
TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,611,259 | $5,186,926 | -0.1% |
| Expenses | $3,442,992 | $2,734,753 | +0.3% |
| Net Income | $1,168,267 | $2,452,173 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BEVERLY EVERSON-JONES | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DANTE JACKSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CLIFF TAYLOR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| STEVEN HICKS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIO M WHITE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| WILBERT J BRIGGS SR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BRENDA STITH-FINCH | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRASIER W BRICKHOUSE II | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| IRENE F LOGAN | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN DAVENPORT | VSU VP ADMIN & FINANCE | 2.00 |
Director
|
$0 | $100,480 | $339,483 |
| HAROLD GREEN | VSU BOARD OF VISITORS | 2.00 |
Director
|
$0 | $0 | $0 |
| VALARIE A JONES | VICE-CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| EARNEST A BAZEMORE | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| NARDOS E KING | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CLAUDE A WOOD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ANGEL CLARKE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| TONYA S HALL | VSU VP FOR EXTERNAL AFFAIR | 2.00 |
Director
|
$0 | $48,512 | $244,996 |
| KARA C KING BESS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DANIELLE JONES | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURIE CARPENTER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT L TURNER JR | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$55,000 | $0 | $55,000 |
| MAKOLA M ABDULLAH | PRESIDENT EX-OFFICIO | 2.00 |
Officer
|
$0 | $94,175 | $550,608 |
| HARRISON BONNER III | DIRECTOR OF FINANCE & ACCO | 40.00 |
Officer
|
$50,000 | $0 | $50,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,611,259 | $3,442,992 | $39,494,458 | $1,168,267 |
| 2023 | $5,186,926 | $2,734,753 | $36,672,974 | $2,452,173 |
| 2022 | $4,393,072 | $1,889,084 | $28,931,771 | $2,503,988 |
| 2021 | $5,931,802 | $1,458,999 | $26,802,449 | $4,472,803 |
| 2020 | $1,444,442 | $1,514,693 | $19,798,914 | $-70,251 |
| 2019 | $2,300,501 | $1,891,520 | $19,549,786 | $408,981 |
Compare VIRGINIA STATE UNIVERSITY FOUNDATION with other nonprofits in Virginia and across the country.