WILLIAMSBURG TECHNICAL COLLEGE FOUNDATION INC (EIN 571012712) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

HENRY POSTON

Phone

8433554121

Tax Period

2023-07-01 to 2024-06-30

WILLIAMSBURG TECHNICAL COLLEGE FOUNDATION INC, founded in 1990, is a community nonprofit in the Education sector that reported $8.0M in total revenue in fiscal year 2023. Revenue surged 3096% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.6M, a strong 95% operating margin.

Mission

Scholarships and Research

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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 $7,975,755

Program Service Revenue $0

Investment Income $17,776

Other Revenue $4,650

TOTAL REVENUE $7,998,181

Expense Breakdown

Grants Paid $24,552

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $431,040

Other Expenses $406,488

TOTAL EXPENSES $431,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,998,181	$250,270	+31.0%
Expenses	$431,040	$46,172	+8.3%
Net Income	$7,567,141	$204,098	+36.1%

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

Employees

N/A

Volunteers

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
HENRY POSTON	CHAIR	3.00	Director	$0	$0	$0
TRACY KELLAHAN	TREASURER	3.00	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	$7,998,181	$431,040	$8,765,553	$7,567,141
2023	$250,270	$46,172	$793,461	$204,098
2022	$24,703	$2,357	$589,363	$22,346
2021	$18,974	$11,779	$567,017	$7,195
2020	$46,438	$11,874	$559,822	$34,564
2019	$24,292	$10,317	$525,258	$13,975

WILLIAMSBURG TECHNICAL COLLEGE FOUNDATION INC