MURRAY, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MURRAY STATE UNIVERSITY FOUNDATION INC, founded in 1946, is a mid-sized nonprofit in the Education sector that reported $15.7M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.3M, a strong 53% operating margin.
ENHANCEMENT OF MURRAY STATE UNIVERSITY BY ASSISTING IN FUNDRAISING, COLLECTING CONTRIBUTIONS FOR STUDENT SCHOLARSHIPS, FACULTY SUPPORT, AND SPECIAL PROJECTS. THE FOUNDATION ALSO ASSISTS IN MANAGING SCHOLARSHIP DISBURSEMENTS AND INVESTMENT MANAGEMENT.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $15,739,804 | $10,185,708 | +0.5% |
| Expenses | $7,420,608 | $6,973,782 | +0.1% |
| Net Income | $8,319,196 | $3,211,926 | +1.6% |
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 |
|---|---|---|---|---|---|---|
| JERRY T SHROAT | CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| HAROLD G DORAN JR | VICE-CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| C STEVE STORY | TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY M ADAMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD A DICK ANDERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY RHEAETTA RHEA ASHBY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID M DILL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAMISHA DUFFY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL S HAMILTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN JONES SQUIRES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS B LOGAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE E LONG II | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE A OWEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LANA G PORTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA REED | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN L REYNOLDS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DENNIS W SMITH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY THOMAS DRAFFEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN C STOUT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY S TODD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL M PITMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY HARRIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR DAVID W DURR | PRESIDENT | 20.00 |
Officer
|
$81,715 | $12,804 | $94,519 |
| CAROL GALLIMORE | SECRETARY | 38.00 |
Officer
|
$41,975 | $18,946 | $60,921 |
| ELLEN DALE | CONTROLLER | 40.00 |
Officer
|
$80,927 | $7,200 | $88,127 |
| JAMES CRAWFORD | CONTROLLER (PARTIAL YEAR) | 40.00 |
Officer
|
$2,303 | $232 | $2,535 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $15,739,804 | $7,420,608 | $192,247,701 | $8,319,196 |
| 2023 | $10,185,709 | $6,973,783 | $170,455,346 | $3,211,926 |
| 2022 | $13,383,107 | $5,465,613 | $158,062,479 | $7,917,494 |
| 2021 | $13,646,404 | $5,530,455 | $179,089,446 | $8,115,949 |
| 2020 | $8,079,153 | $4,740,360 | $141,577,757 | $3,338,793 |
| 2019 | $8,162,194 | $4,434,297 | $138,054,243 | $3,727,897 |
Compare MURRAY STATE UNIVERSITY FOUNDATION INC with other nonprofits in Kentucky and across the country.