EASTERN KENTUCKY UNIVERSITY FOUNDATION INC

EIN: 611131682 501(c)(3) Education

RICHMOND, KY

Total Revenue
$10,801,568
Total Expenses
$6,107,930
Total Assets
$107,369,118
Net Assets
$84,073,398
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
KY
Principal Officer
MS JERI ISBELL
Phone
8596225012
Tax Period
2022-07-01 to 2023-06-30

EASTERN KENTUCKY UNIVERSITY FOUNDATION INC, founded in 1968, is a mid-sized nonprofit in the Education sector that reported $10.8M in total revenue in fiscal year 2022. The organization ran a surplus of $4.7M, a strong 43% operating margin.

Mission

PROVIDING FINANCIAL SUPPORT FOR EASTERN KENTUCKY UNIVERSITY IN ACCOMPLISHING ITS GOALS OF EDUCATION AND REGIONAL STEWARDSHIP FUNDRAISING AND LONG TERM INVESTMENTS FOR THIS PURPOSE.

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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 $7,349,396
Program Service Revenue $0
Investment Income $3,314,474
Other Revenue $137,698
TOTAL REVENUE $10,801,568

Expense Breakdown

Grants Paid $5,440,342
Salaries & Benefits $0
Fundraising Expenses $764
Program Expenses $5,686,189
Other Expenses $666,824
TOTAL EXPENSES $6,107,930

Year-over-Year Comparison

2022 2021 Change
Revenue $10,801,568 $10,890,357 0.0%
Expenses $6,107,930 $5,802,983 +0.1%
Net Income $4,693,638 $5,087,374 -0.1%
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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Governance

Voting Members
20
Independent Members
19
Employees
N/A
Volunteers
22

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
$437,528
Total Directors
22
$615,383
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID T MCFADDIN EKU PRESIDENT 1.00
Director
$0 $58,005 $615,383
MARTIN COBB TRUSTEE 1.00
Director
$0 $0 $0
ANDREW PAGE TRUSTEE 1.00
Director
$0 $0 $0
MIKE EAVES BOARD OF REGENTS REPRESENT 1.00
Director
$0 $0 $0
DONALD WHITAKER TRUSTEE 1.00
Director
$0 $0 $0
JIM GUICE TRUSTEE 1.00
Director
$0 $0 $0
JOHN WADE SECRETARY 1.00
Officer Director
$0 $0 $0
JERI ISBELL CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD MATTINGLY TRUSTEE 1.00
Director
$0 $0 $0
MARY OUSLEY TRUSTEE 1.00
Director
$0 $0 $0
MARIBETH BERMAN TRUSTEE (ENDED 12/31/22) 1.00
Director
$0 $0 $0
BILL REDDICK TRUSTEE 1.00
Director
$0 $0 $0
ROBERT CLICK TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH ALEXANDER TRUSTEE 1.00
Director
$0 $0 $0
BOB SULLIVAN INTERNATIONAL ALUMNI REPRE 1.00
Director
$0 $0 $0
MATT EVANS TRUSTEE (ENDED 12/31/22) 1.00
Director
$0 $0 $0
TROY ELLIS TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE P FAWBUSH VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHARLEY GILLISPIE TRUSTEE (AS OF 4/27/23) 1.00
Director
$0 $0 $0
MELANIE HUDSON TRUSTEE (AS OF 4/27/23) 1.00
Director
$0 $0 $0
BRIAN BODE TRUSTEE (AS OF 4/1/23) 1.00
Director
$0 $0 $0
TOM LARANCE TRUSTEE (AS OF 4/1/23) 1.00
Director
$0 $0 $0
BARRY POYNTER VP EKU/TREASURER 3.00
Officer
$0 $27,893 $234,879
BETINA GARDNER VICE PRESIDENT, UNIV. DEV. 20.00
Officer
$0 $35,190 $202,649
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 $10,801,568 $6,107,930 $107,369,118 $4,693,638
2022 $10,890,357 $5,802,983 $96,787,631 $5,087,374
2021 $13,222,862 $3,409,543 $108,575,840 $9,813,319
2020 $4,633,385 $3,699,986 $84,085,981 $933,399
2019 $5,155,223 $4,079,670 $82,578,735 $1,075,553
2018 $6,421,409 $4,404,382 $79,605,848 $2,017,027
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