UNIVERSITY OF WEST ALABAMA FOUNDATION

EIN: 631074127 501(c)(3)

LIVINGSTON, AL

Total Revenue
$4,834,691
Total Expenses
$4,401,383
Total Assets
$46,875,810
Net Assets
$20,420,204
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
AL
Principal Officer
DR JJ WEDGWORTH
Phone
2056523586
Tax Period
2024-10-01 to 2025-09-30

UNIVERSITY OF WEST ALABAMA FOUNDATION, founded in 1992, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2017. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $2.2M left a modest 13% surplus.

Mission

SUPPORT THE UNIVERSITY OF WEST ALABAMA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,245,769
Program Service Revenue $999,958
Investment Income $965,394
Other Revenue $623,570
TOTAL REVENUE $4,834,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $13,478
Program Expenses $4,117,747
Other Expenses $4,401,383
TOTAL EXPENSES $4,401,383

Year-over-Year Comparison

2024 2023 Change
Revenue $4,834,691 $4,165,882 +0.2%
Expenses $4,401,383 $4,855,138 -0.1%
Net Income $433,308 $-689,256 -1.6%
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

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERMEA J RUSSELL BOARD MEMBER 0.00
Director
$0 $0 $0
KEN TUCKER BOARD MEMBER 0.00
Director
$0 $0 $0
FRED F WALBURN TREASURER 0.00
Officer Director
$0 $0 $0
MICHAEL E WILLIAMS BOARD MEMBER 0.00
Director
$0 $0 $0
J THOMAS BRYAN BOARD MEMBER 0.00
Director
$0 $0 $0
ANDY COATS BOARD MEMBER 0.00
Director
$0 $0 $0
MIKE DAVIS BOARD MEMBER 0.00
Director
$0 $0 $0
SCOTT LEWIS BOARD MEMBER 0.00
Director
$0 $0 $0
KEVIN D MCMAHON BOARD MEMBER 0.00
Director
$0 $0 $0
JIMMY COLLINS BOARD MEMBER 0.00
Director
$0 $0 $0
GARY BUSBY BOARD MEMBER 0.00
Director
$0 $0 $0
BRANDON ESSIG BOARD MEMBER 0.00
Director
$0 $0 $0
RICK FREDERICK BOARD MEMBER 0.00
Director
$0 $0 $0
BRENT BUMGARNER BOARD MEMBER 0.00
Director
$0 $0 $0
KENT PARTRIDGE BOARD MEMBER 0.00
Director
$0 $0 $0
BILL LUNSFORD BOARD MEMBER 0.00
Director
$0 $0 $0
JJ WEDGWORTH EXECUTIVE SECRETARY 0.00
Officer Director
$0 $0 $0
BYRON THETFORD BOARD MEMBER 0.00
Director
$0 $0 $0
BRETT ALLRED BOARD MEMBER 0.00
Director
$0 $0 $0
CHAD HOUGHEY BOARD MEMBER 0.00
Director
$0 $0 $0
STEPHANIE PARTEN BOARD MEMBER 0.00
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 $4,834,691 $4,401,383 $46,875,810 $433,308
2024 $4,165,882 $4,855,138 $45,487,684 $-689,256
2023 $9,644,527 $5,805,680 $46,196,715 $3,838,847
2022 $4,331,428 $2,441,474 $16,147,329 $1,889,954
2021 $3,881,305 $1,433,571 $14,061,724 $2,447,734
2020 $3,169,653 $955,380 $11,700,201 $2,214,273
2019 $4,686,931 $1,792,804 $9,604,643 $2,894,127
2018 $2,541,275 $2,216,381 $6,877,603 $324,894
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