MID-ATLANTIC CHRISTIAN UNIVERSITY FOUNDATION INC

EIN: 561467140 501(c)(3) Education

ELIZABETH CITY, NC

Total Revenue
$276,303
Total Expenses
$156,031
Total Assets
$4,957,914
Net Assets
$4,957,914
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NC
Principal Officer
JANE HODGKINS
Phone
2523342010
Tax Period
2024-07-01 to 2025-06-30

MID-ATLANTIC CHRISTIAN UNIVERSITY FOUNDATION INC, founded in 1985, is a small nonprofit in the Education sector that reported $276K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 44% operating margin.

Mission

THE MISSION OF MID-ATLANTIC CHRISTIAN UNIVERSITY FOUNDATION, INC. IS TO SUPPORT THE MISSION OF MID-ATLANTIC CHRISTIAN UNIVERSITY BY ACQUIRING, MANAGING, AND DISTRIBUTING FUNDS TO FURTHER THE UNIVERSITY'S OPERATIONS.

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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 $129,879
Program Service Revenue $0
Investment Income $146,424
Other Revenue $0
TOTAL REVENUE $276,303

Expense Breakdown

Grants Paid $126,608
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,608
Other Expenses $29,423
TOTAL EXPENSES $156,031

Year-over-Year Comparison

2024 2023 Change
Revenue $276,303 $204,743 +0.3%
Expenses $156,031 $122,334 +0.3%
Net Income $120,272 $82,409 +0.5%
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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Governance

Voting Members
18
Independent Members
15
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
4
$93,239
Total Directors
17
$194,311
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
K WAYNE MORRIS MEMBER 1.00
Director
$0 $0 $0
EDWIN S GRIFFIN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
GREGORY V MARPLES TREASURER 1.00
Officer Director
$0 $0 $0
DONNA D FISHER MEMBER 1.00
Director
$0 $0 $0
DAVID JONES MEMBER 1.00
Director
$0 $0 $0
SHARON K JONES MEMBER 1.00
Director
$0 $0 $0
J CRAIG LEWIS MEMBER 1.00
Director
$0 $0 $0
RONALD LUEPTOW CHAIRMAN 1.00
Officer Director
$0 $0 $0
GREGORY A SEXTON MEMBER 1.00
Director
$0 $0 $0
TIMOTHY A TURNER MEMBER 1.00
Director
$0 $0 $0
LARRY D COOPER MEMBER 1.00
Director
$0 $0 $0
JOHN W MAURICE JR PRESIDENT 1.00
Director
$0 $49,536 $101,072
SARA SHEPHERD SECRETARY 1.00
Officer Director
$0 $1,844 $93,239
RE EVERETTE MEMBER 1.00
Director
$0 $0 $0
CARRIE JONES MEMBER 1.00
Director
$0 $0 $0
VICKI CLEAVENGER MEMBER 1.00
Director
$0 $0 $0
AMY ALCOCER VICE PRESIDENT OF IA 1.00
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 $276,303 $156,031 $4,957,914 $120,272
2024 $204,743 $122,334 $4,560,298 $82,409
2023 $217,751 $124,720 $4,151,950 $93,031
2022 $237,635 $132,522 $3,809,159 $105,113
2021 $187,982 $308,162 $4,089,235 $-120,180
2020 $177,029 $115,300 $3,449,145 $61,729
2019 $160,582 $129,092 $3,502,542 $31,490
2018 $223,399 $127,085 $3,318,025 $96,314
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