GLENVILLE STATE UNIVERSITY RESEARC… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

TIMOTHY HENLINE

Phone

3044626181

Tax Period

2023-07-01 to 2024-06-30

GLENVILLE STATE UNIVERSITY RESEARCH CORPORATION, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 1167% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 88% operating margin.

Mission

TO FACILITATE AND ENHANCE GRANT AND RESEARCH OPPORTUNITIES FOR GLENVILLE STATE UNIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $205,719

GLENVILLE STATE UNIVERSITY RESEARCH CORPORATION PROVIDED GRANT AND RESEARCH SUPPORT TO GLENVILLE STATE UNIVERSITY IN FURTHERANCE OF ITS EDUCATIONAL OBJECTIVES AND MISSION INCLUDING THE FOLLOWING...

GLENVILLE STATE UNIVERSITY RESEARCH CORPORATION PROVIDED GRANT AND RESEARCH SUPPORT TO GLENVILLE STATE UNIVERSITY IN FURTHERANCE OF ITS EDUCATIONAL OBJECTIVES AND MISSION INCLUDING THE FOLLOWING ACTIVITIES:RURAL COMMUNITY DEVELOPMENT INITIATIVE - EDUCATED VARIOUS STAKEHOLDERS ON FUNDING OPPORTUNITIES, PARTNER AGENCIES, AND BUSINESS DEVELOPMENT OPPORTUNITIES.IMPROVING TEACHER QUALITY - WORKED WITH AND TRAINED SECONDARY SCHOOL TEACHERS IN MATH, READING, SCIENCE AND WRITING CURRICULUMS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,677,877

TOTAL REVENUE $1,677,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,719

Other Expenses $205,719

TOTAL EXPENSES $205,719

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,677,877	$132,380	+11.7%
Expenses	$205,719	$100,802	+1.0%
Net Income	$1,472,158	$31,578	+45.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE HUTCHINSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
LESLIE MASON	DIRECTOR	2.00	Officer Director	$0	$0	$0
TIMOTHY HENLINE	TREASURER	2.00	Officer Director	$0	$0	$0
TERESA STERNS	SECRETARY	2.00	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	No data	No data	No data
2024	$1,677,877	$205,719	$962,542	$1,472,158
2023	$132,380	$100,802	$271,858	$31,578
2022	$48,445	$89,489	$168,044	$-41,044
2021	$14,200	$33,258	$149,494	$-19,058
2020	$56,817	$26,615	$161,833	$30,202
2019	$32	$52,537	$157,680	$-52,505
2018	$197,120	$261,277	$372,107	$-64,157

GLENVILLE STATE UNIVERSITY RESEARCH CORPORATION