ARMSTRONG FOUNDATION OF GEORGIA SOUTHERN UNIVERSITY INC (EIN 581577237) - 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

1984

Legal Domicile

Principal Officer

ROBERT WHITAKER

Phone

9124785491

Tax Period

2018-07-01 to 2019-06-30

ARMSTRONG FOUNDATION OF GEORGIA SOUTHERN UNIVERSITY INC, founded in 1984, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2018. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $783K, a strong 55% operating margin.

Mission

ARMSTRONG FOUNDATION OF GEORGIA SOUTHERN UNIVERSITY, INC. ("FOUNDATION') RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS AND THE SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES OF GEORGIA SOUTHERN UNIVERSITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $1,107,631

Program Service Revenue $0

Investment Income $326,012

Other Revenue $0

TOTAL REVENUE $1,433,643

Expense Breakdown

Grants Paid $441,762

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $504,629

Other Expenses $209,213

TOTAL EXPENSES $650,975

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,433,643	$1,053,057	+0.4%
Expenses	$650,975	$1,445,051	-0.5%
Net Income	$782,668	$-391,994	-3.0%

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

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

$730,661

Total Directors

$730,661

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR KYLE MARRERO	PRESIDENT, 4/1/2019 - CURRENT	1.00	Officer Director	$0	$0	$0
SHELLEY NICKEL 7118-33119	INTERIM PRESIDENT	1.00	Officer Director	$0	$0	$0
MR MICHAEL F KEMP	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MR CARLTON HODGES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MRS MAURA C COPELAND	SECRETARY	1.00	Officer Director	$0	$46,798	$216,609
MR ROBERT L WHITAKER	TREASURER	1.00	Officer Director	$0	$46,048	$293,173
MR WILLIAM P KELSO	EXECUTIVE VICE PRESIDENT	1.00	Officer Director	$0	$50,417	$220,879
MR ANDREW H ERNST	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
MRS ELLEN B BOLCH	TRUSTEE	1.00	Director	$0	$0	$0
MRS SUSAN M HANCOCK	TRUSTEE	1.00	Director	$0	$0	$0
MR PAUL HINCHEY	TRUSTEE	1.00	Director	$0	$0	$0
MR ERIC B JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
MR QUENTIN L MARLIN	TRUSTEE	1.00	Director	$0	$0	$0
MRS DIANA MORRISON	TRUSTEE	1.00	Director	$0	$0	$0
MR BENJAMIN E PRICE	TRUSTEE	1.00	Director	$0	$0	$0
MR ALEX SALGUEIRO	TRUSTEE	1.00	Director	$0	$0	$0
MAJ GEN JOHN F SOBKE	TRUSTEE	1.00	Director	$0	$0	$0
MR JAMES THOMAS JR	TRUSTEE	1.00	Director	$0	$0	$0
LTC JAMES E VAUGHN	TRUSTEE	1.00	Director	$0	$0	$0
MS JULIE GERBSCH	EXECUTIVE DIRECTOR OF DEVELOPMENT	1.00	Highest	$0	$9,687	$112,676
DR JAIMIE L HEBERT	FORMER TRUSTEE AND OFFICER	0.00		$0	$22,113	$258,320

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
2019	$1,433,643	$650,975	$16,403,467	$782,668
2019	No data	No data	No data	No data

ARMSTRONG FOUNDATION OF GEORGIA SOUTHERN UNIVERSITY INC