THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON (EIN 566050338) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

EDDIE STUART

Phone

9109622515

Tax Period

2023-07-01 to 2024-06-30

THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON, founded in 1962, is a small nonprofit in the Education sector that reported $600K in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $327K, a strong 55% operating margin.

Mission

THE PURPOSE OF THE UNCW FOUNDATION, A 501(C)(3) NONPROFIT ORGANIZATION, IS TO ASSIST THE UNIVERSITY IN SOLICITING AND RECEIVING PRIVATE GIFTS TO FURTHER EDUCATIONAL PROGRAMS AND SCHOLARSHIP OPPORTUNITIES FOR STUDENTS. THE UNIVERSITY IS THE FOUNDATION'S SOLE BENEFICIARY.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $119,742

Program Service Revenue $0

Investment Income $480,116

Other Revenue $0

TOTAL REVENUE $599,858

Expense Breakdown

Grants Paid $159,012

Salaries & Benefits $0

Fundraising Expenses $42,822

Program Expenses $188,037

Other Expenses $113,723

TOTAL EXPENSES $272,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$599,858	$270,735	+1.2%
Expenses	$272,735	$255,866	+0.1%
Net Income	$327,123	$14,869	+21.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

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

$834,383

Total Directors

$834,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLIOT B MOSKOWITZ	CHAIR	1.00	Officer Director	$0	$0	$0
LINDA B SAYED	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GEORGE P BARNES	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN T BYRD	DIRECTOR	1.00	Director	$0	$0	$0
MAX T COFFEY	DIRECTOR	1.00	Director	$0	$0	$0
WILMA W DANIELS	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY G GRANGE	DIRECTOR	1.00	Director	$0	$0	$0
MORGAN C JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
YVONNE W KIDD	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER B MERTUS	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN B MEYERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH S PERKINS	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA B SHOFF	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA L SPIERS	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD M STEIN	DIRECTOR	1.00	Director	$0	$0	$0
JUDY R THARP	DIRECTOR	1.00	Director	$0	$0	$0
MILES LACKEY	TREASURER	1.00	Officer Director	$0	$49,647	$343,061
MELISSA KENNEDY	SECRETARY	1.00	Officer Director	$0	$44,463	$185,347
EDDIE STUART	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$44,171	$305,975
LEIGH W VENTERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID M WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH S WELLS	DIRECTOR	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	No data	No data	No data	No data
2024	$599,858	$272,735	$10,923,812	$327,123
2023	$270,735	$255,866	$9,950,079	$14,869
2022	$591,342	$243,978	$9,854,577	$347,364
2021	$545,372	$1,520,501	$10,038,483	$-975,129
2020	$2,138,762	$270,183	$8,788,484	$1,868,579
2019	$-125,157	$420,340	$6,695,136	$-545,497

THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON