Tallahassee, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Florida Agricultural & Mechanical Univ Foundation Inc, founded in 1966, is a mid-sized nonprofit in the Education sector that reported $29.3M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.5M, a strong 15% operating margin.
The Foundation's purpose is to aid in the advancement of the Florida Agricultural and Mechanical University's objectives and purposes.
University support includes expenses incurred for receipt and administration of funds in support of the schools, colleges, institutes, units and programs of Florida A&M University, to include, but...
University support includes expenses incurred for receipt and administration of funds in support of the schools, colleges, institutes, units and programs of Florida A&M University, to include, but not limited to guest speakers, conference and operational expenses, travel, events and consulting services. University Support also includes faculty and staff support including, but not limited to, salaries, travel, professional development training and seminars/conferences for the University's endowed chairs, professorships, and adjunct faculty and staff.
Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $29,299,750 | $36,839,426 | -0.2% |
| Expenses | $24,780,902 | $22,849,671 | +0.1% |
| Net Income | $4,518,848 | $13,989,755 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Donald Palm | Executive Dir. | 1.00 |
Officer
Director
|
$0 | $25,415 | $328,013 |
| Timothy Beard | Int. Univ. Pres | 1.00 |
Officer
Director
|
$0 | $9,339 | $167,616 |
| Latosha Adams-Francis | Dir. Finance Svcs. | 1.00 |
|
$0 | $22,156 | $140,273 |
| Kenneth M Neighbors | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tirrell D Whittley | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tuwanna Munroe Ward | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chan Bryant Abney | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wilbert Anthony Neal | Executive Dir. | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Curtis E Johnson Jr | NAA Rep. | 1.00 |
Director
|
$0 | $0 | $0 |
| Carmen Cummings Martin | OAA Exec. Dir. | 5.00 |
Director
|
$0 | $0 | $0 |
| Angela C Adderly | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Elaine Armster | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Terry D Arnold | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rebecca Brown | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gregory L Clark | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Hosetta Coleman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey K Francis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marcelia C Freeman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jemal O Gibson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Clifton A Goins IV | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John L Green | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Erica D Hill | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Monica William Harris | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Billy B Greer IV | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laurence A Humphries | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chekesha C Kidd | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lenetra S King | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa R LaBoo | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ebenezer T Oriaku | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Freddie Raines | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TJ Rose | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| G Scott Uzzell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kyla J Mays | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| W Cecyl Hobbs | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Crossman | BOT Rep. | 1.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $29,299,750 | $24,780,902 | $226,274,503 | $4,518,848 |
| 2024 | $36,839,426 | $22,849,671 | $206,789,779 | $13,989,755 |
| 2023 | $36,785,750 | $22,513,264 | $182,642,574 | $14,272,486 |
| 2022 | $45,594,915 | $15,680,838 | $165,576,820 | $29,914,077 |
| 2021 | $22,998,647 | $10,049,226 | $164,120,066 | $12,949,421 |
| 2020 | $11,055,454 | $12,738,052 | $126,533,616 | $-1,682,598 |
| 2019 | $11,759,363 | $17,689,033 | $129,745,635 | $-5,929,670 |
| 2018 | $21,857,025 | $15,184,591 | $133,086,440 | $6,672,434 |
Compare Florida Agricultural & Mechanical Univ Foundation Inc with other nonprofits in Florida and across the country.