GEORGIA SOUTHERN UNIVERSITY RESEARCH AND SERVICE FOUNDATIONINC

EIN: 582354256 501(c)(3) Science & Technology

STATESBORO, GA

Total Revenue
$17,768,569
Total Expenses
$19,119,214
Total Assets
$30,693,474
Net Assets
$21,115,312
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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
1997
Legal Domicile
GA
Principal Officer
DAVID C WEINDORF
Phone
9124785121
Tax Period
2024-07-01 to 2025-06-30

GEORGIA SOUTHERN UNIVERSITY RESEARCH AND SERVICE FOUNDATIONINC, founded in 1997, is a mid-sized nonprofit in the Science & Technology sector that reported $17.8M in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring.

Mission

ASSIST AND FURTHER RESEARCH AT 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,633,686
Program Service Revenue $100,000
Investment Income $26,433
Other Revenue $8,450
TOTAL REVENUE $17,768,569

Expense Breakdown

Grants Paid $17,247,576
Salaries & Benefits $1,548,277
Fundraising Expenses $0
Program Expenses $17,265,452
Other Expenses $323,361
TOTAL EXPENSES $19,119,214

Year-over-Year Comparison

2024 2023 Change
Revenue $17,768,569 $121,741,453 -0.9%
Expenses $19,119,214 $104,931,485 -0.8%
Net Income $-1,350,645 $16,809,968 -1.1%
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

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Governance

Voting Members
7
Independent Members
7
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
5
$1,676,154
Total Directors
9
$1,988,762
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE MARRERO CHAIR N/A
Officer Director
$0 $70,222 $563,722
RON STALNAKER TREASURER 0.00
Officer Director
$0 $96,049 $395,549
CARL REIBER CEO N/A
Officer Director
$0 $60,174 $393,507
DAVID C WEINDORF EXECUTIVE DI 0.00
Officer Director
$0 $49,126 $323,376
TRIP ADDISON BOARD MEMBER 0.00
Director
$0 $58,359 $312,608
MAURA COPELAND SECRETARY/EX N/A
Officer Director
$0 $0 $0
FRED GREGORY BOARD MEMBER N/A
Director
$0 $0 $0
WILLIAM MOCK BOARD MEMBER N/A
Director
$0 $0 $0
STACY WATSON BOARD MEMBER N/A
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 $17,768,569 $19,119,214 $30,693,474 $-1,350,645
2024 $121,741,453 $104,931,485 $42,103,380 $16,809,968
2023 $30,959,946 $29,265,329 $21,805,134 $1,694,617
2022 $12,579,572 $12,217,240 $9,267,665 $362,332
2021 $12,340,269 $12,163,834 $8,925,942 $176,435
2020 $11,877,826 $11,687,769 $8,273,607 $190,057
2019 $12,163,941 $12,093,567 $7,885,093 $70,374
2018 $15,226,178 $15,181,384 $7,022,118 $44,794
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