UNIVERSITY OF WEST GEORGIA FOUNDATION INC

EIN: 586056464 501(c)(3) Education

CARROLLTON, GA

Total Revenue
$18,791,452
Total Expenses
$8,553,645
Total Assets
$98,571,399
Net Assets
$63,423,524
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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
1967
Legal Domicile
GA
Principal Officer
GARY KINARD
Phone
6788396447
Tax Period
2022-07-01 to 2023-06-30

UNIVERSITY OF WEST GEORGIA FOUNDATION INC, founded in 1967, is a mid-sized nonprofit in the Education sector that reported $18.8M in total revenue in fiscal year 2022. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.2M, a strong 54% operating margin.

Mission

THE UNIVERSITY OF WEST GEORGIA FOUNDATION, INC. AND SUBSIDIARIES HAVE THE FOLLOWING PROGRAM MISSIONS:1 - STUDENT SCHOLARSHIPS AND SUPPORT2 - PROGRAMMATIC AND INSTITUTIONAL SUPPORT3 - STUDENT HOUSING SUPPORT

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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 (2022)

Revenue Breakdown

Contributions & Grants $14,059,888
Program Service Revenue $2,215,043
Investment Income $1,278,455
Other Revenue $1,238,066
TOTAL REVENUE $18,791,452

Expense Breakdown

Grants Paid $6,844,471
Salaries & Benefits $0
Fundraising Expenses $196,803
Program Expenses $7,772,890
Other Expenses $1,709,174
TOTAL EXPENSES $8,553,645

Year-over-Year Comparison

2022 2021 Change
Revenue $18,791,452 $10,389,838 +0.8%
Expenses $8,553,645 $5,723,192 +0.5%
Net Income $10,237,807 $4,666,646 +1.2%
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
28
Independent Members
28
Employees
17
Volunteers
56

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
7
$104,172
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY SAILERS CFO UWG FOUNDATIONS 16.00
Officer
$41,888 $11,722 $53,610
DR MEREDITH BRUNEN CEO 8.00
Officer
$43,253 $7,309 $50,562
MS ANN NEWMAN TRUSTEE/CHAIR 0.20
Officer Director
$0 $0 $0
MR GARY KINARD TRUSTEE/VICE CHAIR 0.20
Officer Director
$0 $0 $0
MR LUIS A PLANAS TRUSTEE/PAST CHAIR 0.20
Officer Director
$0 $0 $0
MR TIM MARTIN TRUSTEE/SECRETARY 0.20
Officer Director
$0 $0 $0
MR DAVID R EDWARDS INVFIN COM CH TRUSTEE/TREASURER 0.20
Officer Director
$0 $0 $0
DR BRENDAN KELLY EX-OFFICIA UWG PRES 0.10
Director
$0 $0 $0
MR BRUCE BOBICK TRUSTEE 0.10
Director
$0 $0 $0
MS TONYA BYRD BDC CHAIR TRUSTEE 0.10
Director
$0 $0 $0
MR JOSH CHAPMAN TRUSTEE 0.10
Director
$0 $0 $0
MR DAVID B DENNIS TRUSTEE 0.10
Director
$0 $0 $0
MR BRIAN DILL TRUSTEE 0.10
Director
$0 $0 $0
DR RICHARD INGLE TRUSTEE 0.10
Director
$0 $0 $0
MRS VICKI KAISER TRUSTEE 0.10
Director
$0 $0 $0
MR SCOTT KAUFFMAN REF CH TRUSTEE 0.20
Director
$0 $0 $0
MR GERALD KEMP TRUSTEE 0.10
Director
$0 $0 $0
MRS AMANDA LUCEY TRUSTEE 0.10
Director
$0 $0 $0
MR DENNIS MCENTIRE TRUSTEE 0.10
Director
$0 $0 $0
MR FRED O'NEAL TRUSTEE 0.10
Director
$0 $0 $0
MR JOHN PAULK III TRUSTEE 0.10
Director
$0 $0 $0
MS CHRISTA L PITTS RDC CH TRUSTEE 0.20
Director
$0 $0 $0
MR L RICHARD PLUNKETT TRUSTEE 0.10
Director
$0 $0 $0
MRS HONEY SHACKLEFORD TRUSTEE 0.10
Director
$0 $0 $0
MR ZACH STEED TRUSTEE 0.10
Director
$0 $0 $0
MR MICHAEL STONE TRUSTEE 0.10
Director
$0 $0 $0
MR STEVE SWOPE TRUSTEE 0.10
Director
$0 $0 $0
DR JASON THOGMARTIM AUDIT COM CH TRUSTEE 0.20
Director
$0 $0 $0
MR DAVID WARE TRUSTEE 0.10
Director
$0 $0 $0
MR JAMES JIM GILL LIFE TIME MEMBER 0.00
Director
$0 $0 $0
MR PHILLIP KAUFFMAN LIFE TIME MEMBER 0.00
Director
$0 $0 $0
MR ROBERT J STONE LIFE TIME MEMBER 0.10
Director
$0 $0 $0
DR BEHERUZ N SETHNA HONORARY 0.10
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 No data No data No data No data
2023 $18,791,452 $8,553,645 $98,571,399 $10,237,807
2022 $10,389,838 $5,723,192 $86,140,941 $4,666,646
2021 $7,578,472 $4,684,928 $92,768,011 $2,893,544
2020 $5,877,831 $10,952,731 $86,644,363 $-5,074,900
2019 $9,474,817 $9,275,815 $93,372,616 $199,002
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