UNION COMMONWEALTH UNIVERSITY (EIN 610461768) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1922

Legal Domicile

Principal Officer

DR DONALD WASHINGTON

Phone

6065461204

Tax Period

2024-07-01 to 2025-06-30

UNION COMMONWEALTH UNIVERSITY, founded in 1922, is a mid-sized nonprofit in the Education sector that reported $34.0M in total revenue in fiscal year 2024. Expenses of $38.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

UNION COMMONWEALTH UNIVERSITY IS A PRIVATE LIBERAL ARTS COLLEGE AFFILIATED WITH THE UNITED METHODIST CHURCH

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,373,884

Program Service Revenue $29,419,563

Investment Income $1,201,721

Other Revenue $0

TOTAL REVENUE $33,995,168

Expense Breakdown

Grants Paid $14,347,815

Salaries & Benefits $11,235,865

Fundraising Expenses $345,783

Program Expenses $33,135,439

Other Expenses $12,462,854

TOTAL EXPENSES $38,046,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,995,168	$34,396,819	0.0%
Expenses	$38,046,534	$35,242,178	+0.1%
Net Income	$-4,051,366	$-845,359	+3.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

568

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

$1,007,716

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE GOSS	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
DR THOMAS CLARK	BOARD VICE CHAIR	3.00	Officer Director	$0	$0	$0
TERRY SMALLWOOD	BOARD TREASURER	3.00	Officer Director	$0	$0	$0
JESSICA BEGMAN	BAORD SECRETARY	3.00	Officer Director	$0	$0	$0
REV DR BARRY BALL	TRUSTEE	1.00	Director	$0	$0	$0
DR DON CALITRI	TRUSTEE	1.00	Director	$0	$0	$0
DR BILLY HENSLEY	TRUSTEE	1.00	Director	$0	$0	$0
HON PAUL ISAACS	TRUSTEE	1.00	Director	$0	$0	$0
HON DON JONES	TRUSTEE	1.00	Director	$0	$0	$0
DR RUTH WOOTON-KEE	TRUSTEE	1.00	Director	$0	$0	$0
DR DON LANE	TRUSTEE	1.00	Director	$0	$0	$0
DR EDNA MANN	TRUSTEE	1.00	Director	$0	$0	$0
JOSE MARTINEZ	TRUSTEE	1.00	Director	$0	$0	$0
HALEY MCCOY	TRUSTEE	1.00	Director	$0	$0	$0
BOB MITCHELL	TRUSTEE	1.00	Director	$0	$0	$0
ROY PULLIAM	TRUSTEE	1.00	Director	$0	$0	$0
STEVE RHODES	TRUSTEE	1.00	Director	$0	$0	$0
JANE SKIDMORE-SHORT	TRUSTEE	1.00	Director	$0	$0	$0
JEFF TIPTON	TRUSTEE	1.00	Director	$0	$0	$0
DR MARCETTA DARENSBOURG	TRUSTEE	1.00	Director	$0	$0	$0
BILL FULTZ	TRUSTEE	1.00	Director	$0	$0	$0
SHEILA HALTER	TRUSTEE	1.00	Director	$0	$0	$0
RICH PREWITT	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS STUNSON	TRUSTEE	1.00	Director	$0	$0	$0
DR DONALD WASHINGTON	PRESIDENT	40.00	Officer	$144,294	$7,654	$151,948
DAVID WILLIAMS	VP OF ENROLLMENT	40.00	Officer	$126,560	$8,810	$135,370
JESSICA L JUSTICE	VP OF BUSINESS/FINANCE	40.00	Officer	$81,827	$5,371	$87,198
DAVID POWELL	PROVOST (THRU 06/30/25)	40.00	Officer	$83,029	$222	$83,251
LYNN SMITH	VP OF HUMAN RESOURCES	40.00	Officer	$81,721	$8,364	$90,085
JAMES BECKNELL	DEAN OF STUDENTS	40.00	Officer	$79,796	$6,165	$85,961
ERIC EVANS	EXECUTIVE DIRECTOR OF INFORMATION TECHNOLOGY	40.00	Officer	$72,802	$7,278	$80,080
MAISIE NELSON	INTERIM VP OF DEVELOPMENT/COMMUNICATIONS	40.00	Officer	$63,751	$6,451	$70,202
CLAY BUTLER	VICE PRESIDENT: ATHLETICS	40.00	Officer	$74,869	$6,344	$81,213
STEPHANIE SMITH	VICE PRESIDENT: STUDENT ENGAGEMENT & DEAN OF STUDE	40.00	Officer	$59,138	$4,556	$63,694
DAVID MILLER	UNIVERSITY CHAPLAIN (THRU 06/30/25)	40.00	Officer	$41,357	$6,458	$47,815
MEGHANN CHESNUT	SPECIAL ADVISOR TO THE PRESIDENT	40.00	Officer	$28,394	$2,505	$30,899
JOSHUA WILKEY	PROVOST & VICE PRESIDENT OF ACADEMIC AFFAIRS	40.00	Officer	$0	$0	$0
DR MARCIA HAWKINS	FORMER PRESIDENT (THRU 06/30/24)	40.00		$155,961	$6,249	$162,210

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	$33,995,168	$38,046,534	$68,655,986	$-4,051,366
2024	No data	No data	No data	No data
2023	$27,643,135	$32,874,494	$73,266,181	$-5,231,359
2022	$30,855,950	$32,705,904	$74,613,055	$-1,849,954
2021	$37,026,140	$32,473,877	$84,429,327	$4,552,263
2020	$31,814,890	$32,051,751	$74,283,949	$-236,861
2019	$28,713,364	$21,095,976	$76,881,695	$7,617,388
2018	$25,380,129	$19,928,746	$73,914,708	$5,451,383

UNION COMMONWEALTH UNIVERSITY