DELTA STATE UNIVERSITY FOUNDATION

🔒

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

1967

Principal Officer

SUZETTE MATTHEWS

Phone

6628464665

Tax Period

2024-07-01 to 2025-06-30

DELTA STATE UNIVERSITY FOUNDATION, founded in 1967, is a mid-sized nonprofit that reported $10.1M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 30% operating margin.

Mission

THE DELTA STATE FOUNDATION INC IS A PRIVATE NONPROFIT ORGANIZATION DEDICATED TO GROWTH, DEVELOPMENT AND ENHANCEMENT OF DELTA STATE UNIV AND ITS FACULTY, STAFF AND STUDENTS WITH SPECIAL EMPHASIS ON ACADEMIC QUALITY, THROUGH SOLICITATION, PROFESSIONAL MANAGEMENT AND PRUDENT DISBURSEMENT OF INVESTED FUNDS AND OTHER GIFTS DERIVED FROM PRIVATE SOURCES.

Program Service Accomplishments

Program 1

Expenses: $5,706,426

THESE PROGRAM SERVICE EXPENSES WERE FOR THE SOLE PURPOSE OF SUPPORTING AND PROMOTING THE ACADEMIC PROGRAMS AND STUDENT DEVELOPMENT PROGRAMS OF DELTA STATE UNIVERSITY. ENRICHMENT ACTIVITIES PROVIDED BY THE FOUNDATION INCLUDE FACULTY AND STAFF DEVELOPMENT, STUDENT SCHOLARSHIPS, AND FINANCIAL AID.

🔒

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 $4,400,836

Program Service Revenue $0

Investment Income $4,210,077

Other Revenue $1,537,585

TOTAL REVENUE $10,148,498

Expense Breakdown

Grants Paid $1,268,314

Salaries & Benefits $1,047,908

Fundraising Expenses $565,928

Program Expenses $5,706,426

Other Expenses $4,750,607

TOTAL EXPENSES $7,066,829

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,148,498	$7,657,770	+0.3%
Expenses	$7,066,829	$6,313,343	+0.1%
Net Income	$3,081,669	$1,344,427	+1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
MILLER ARANT	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT P ARMOUR	DIRECTOR	N/A	Director	$0	$0	$0
JOE M BAKER	DIRECTOR	N/A	Director	$0	$0	$0
JEAN ELMORE	DIRECTOR	N/A	Director	$0	$0	$0
DOTY FARMER	DIRECTOR	N/A	Director	$0	$0	$0
VICKI FIORANELLI	DIRECTOR	N/A	Director	$0	$0	$0
JOHN FLETCHER	DIRECTOR	N/A	Director	$0	$0	$0
BEAU GARVERICK	DIRECTOR	N/A	Director	$0	$0	$0
ALAN HARGETT	TREASURER	N/A	Officer Director	$0	$0	$0
DEBBIE HESLEP	DIRECTOR	N/A	Director	$0	$0	$0
FRANK W SMITH III	DIRECTOR	N/A	Director	$0	$0	$0
TOM JANOUSH	PAST CHAIRPE	N/A	Officer Director	$0	$0	$0
LESLIE JENKINS	SECRETARY	N/A	Officer Director	$0	$0	$0
ARTHUR JOHNSTON	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD MYERS JR	DIRECTOR	N/A	Director	$0	$0	$0
KEITH KING	DIRECTOR	N/A	Director	$0	$0	$0
TREY LABELLA	DIRECTOR	N/A	Director	$0	$0	$0
ANDY LEE	DIRECTOR	N/A	Director	$0	$0	$0
TORRENCE MCKNIGHT	DIRECTOR	N/A	Director	$0	$0	$0
GEORGE MILLER	DIRECTOR	N/A	Director	$0	$0	$0
NED MITCHELL	DIRECTOR	N/A	Director	$0	$0	$0
CASEY D MYRICK	DIRECTOR	N/A	Director	$0	$0	$0
BETH PRICE	DIRECTOR	N/A	Director	$0	$0	$0
LARRY PROCTOR	DIRECTOR	N/A	Director	$0	$0	$0
DAVID ROBINSON	DIRECTOR	N/A	Director	$0	$0	$0
JOE SAIA	DIRECTOR	N/A	Director	$0	$0	$0
NAN SANDERS	DIRECTOR	N/A	Director	$0	$0	$0
RODNEY SCAIFE	DIRECTOR	N/A	Director	$0	$0	$0
WILL SIMPSON	DIRECTOR	N/A	Director	$0	$0	$0
HUGH SMITH	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
WORTH STEEN	DIRECTOR	N/A	Director	$0	$0	$0
MYRTIS TABB	DIRECTOR	N/A	Director	$0	$0	$0
JOYCE TUCKER	DIRECTOR	N/A	Director	$0	$0	$0
ANNE WEISSINGER	DIRECTOR	N/A	Director	$0	$0	$0
MARGARET WHITE	DIRECTOR	N/A	Director	$0	$0	$0
WILMA WILBANKS	DIRECTOR	N/A	Director	$0	$0	$0
TJWANA WILSON	DIRECTOR	N/A	Director	$0	$0	$0
WALTER WOOD	DIRECTOR	N/A	Director	$0	$0	$0
PETER WOODS	DIRECTOR	N/A	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	$10,148,498	$7,066,829	$49,692,506	$3,081,669
2024	No data	No data	No data	No data
2023	$6,575,279	$6,386,533	$45,226,639	$188,746
2022	$4,479,286	$5,498,618	$43,199,593	$-1,019,332
2022	$4,479,286	$5,492,028	$43,164,062	$-1,012,742
2021	$13,139,400	$4,607,572	$49,340,185	$8,531,828
2020	$3,017,017	$4,987,170	$39,618,677	$-1,970,153