Frostburg State University Foundation
Frostburg, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $6,673,393↑62% | $3,887,342↑1% | $46,976,820↑10% | |
| 2023 | $4,127,244↓47% | $3,861,874↑55% | $42,609,827↑4% | — |
| 2022 | $7,754,148↑58% | $2,492,349↑22% | $41,155,383↑6% | — |
| 2021 | $4,899,555↑32% | $2,041,759↓15% | $38,747,744↑29% | — |
| 2020 | $3,716,008↓21% | $2,404,114↓4% | $29,987,823↓1% | — |
| 2019 | $4,729,795↑40% | $2,514,518↑8% | $30,169,840↑10% | — |
| 2018 | $3,389,684↓23% | $2,325,929↓6% | $27,450,778↑8% | — |
| 2017 | $4,374,007↓19% | $2,486,679 | $25,341,368↑12% | — |
| 2016 | $5,422,678↑76% | $2,477,941↑2% | $22,726,455↑10% | — |
| 2015 | $3,075,164↓22% | $2,440,750↑9% | $20,676,999↑4% | — |
| 2014 | $3,941,102↑27% | $2,230,880↑2% | $19,903,681↑12% | — |
| 2013 | $3,097,630↑15% | $2,182,826↓5% | $17,725,481↑5% | — |
| 2012 | $2,700,141 | $2,297,064 | $16,818,591 | — |
Frequently Asked Questions
What does Frostburg State University Foundation do?▼
Frostburg State University Foundation is a education nonprofit organization based in Maryland. It is classified under NTEE code B43I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Frostburg State University Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Frostburg State University Foundation has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Frostburg State University Foundation generate?▼
Frostburg State University Foundation reports $10.5M in annual revenue and holds $53.3M in total assets, based on IRS filings.