ALDERSON-BROADDUS ENDOWMENT CORPORATION

EIN: 550652324 501(c)(3)

SALEM, WV

Total Revenue
$41,563
Total Expenses
$17,804
Total Assets
$4,677,244
Net Assets
$-22,294,295
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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
1976
Legal Domicile
WV
Principal Officer
THOMAS FLUHARTY
Tax Period
2024-07-01 to 2025-06-30

ALDERSON-BROADDUS ENDOWMENT CORPORATION, founded in 1976, is a micro nonprofit that reported $42K in total revenue in fiscal year 2024. The organization ran a surplus of $24K, a strong 57% operating margin.

Mission

SUPPORT ALDERSON BROADDUS UNIVERSITY, INC

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $40,699
Other Revenue $864
TOTAL REVENUE $41,563

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,804
Other Expenses $17,804
TOTAL EXPENSES $17,804

Year-over-Year Comparison

2024 2023 Change
Revenue $41,563 $-26,816,390 -1.0%
Expenses $17,804 $80,900 -0.8%
Net Income $23,759 $-26,897,290 -1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN LARRY PRESIDENT N/A
Officer Director
$0 $0 $0
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 $268,987 No data No data
2025 $41,563 $17,804 $4,677,244 $23,759
2024 $-26,816,390 $80,900 $4,653,485 $-26,897,290
2023 No data No data $34,924,335 No data
2022 $6,656 $469,703 $33,474,335 $-463,047
2021 $1,110,690 $1,100,512 $33,473,247 $10,178
2020 $553,243 $1,099,975 $32,235,027 $-546,732
2019 $664,587 $620,757 $33,456,294 $43,830
2018 $-63,513 $7,608 $4,562,669 $-71,121
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