SALISBURY UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SALISBURY UNIVERSITY FOUNDATION INC

EIN 52-1127396 · Education (B110)

What they do

THE PURPOSE of THE FOUNDATION is to ENRICH THE ACTIVITIES, EDUCATIONAL PROGRAMS, ATHLETICS and SCHOLARSHIPS of SALISBURY UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

38.57%of revenue went to mission work76.4% of expenses · Program services

4.21%of revenue went to fundraising8.3% of expenses

$50.48spent for every $100 of revenueRevenue covered expenses this year.

7.70%of revenue went to management and office costs15.2% of expenses

$19.61in assets for every $1 spent this yearSome assets cannot be spent right away.

80.2%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,715,504

Mission workProgram services$5,676,18938.57% of revenue76.4% of expenses

ManagementOffice and general costs$1,132,6597.70% of revenue15.2% of expenses

FundraisingAsking for donations$619,7494.21% of revenue8.3% of expenses

Revenue left after expensesReported annual surplus$7,286,90749.52% of revenueShown in gray on the chart

Total expenses$7,428,59750.48% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.4% mission · 15.2% management · 8.3% fundraisingTotal expenses: 50.48% of revenue

2023Expense mix: 77.6% mission · 17.0% management · 5.4% fundraisingTotal expenses: 74.86% of revenue

2022Expense mix: 77.8% mission · 17.6% management · 4.6% fundraisingTotal expenses: 68.91% of revenue

2021Expense mix: 77.5% mission · 17.5% management · 5.0% fundraisingTotal expenses: 48.31% of revenue

2020Expense mix: 75.3% mission · 19.9% management · 4.8% fundraisingTotal expenses: 54.80% of revenue

2019Expense mix: 59.8% mission · 36.4% management · 3.7% fundraisingTotal expenses: 72.03% of revenue

2018Expense mix: 81.3% mission · 16.1% management · 2.6% fundraisingTotal expenses: 66.87% of revenue

2017Expense mix: 90.3% mission · 7.7% management · 2.0% fundraisingTotal expenses: 86.54% of revenue

Money in and money out

Revenue$14,715,504

Expenses$7,428,597

Annual surplus $7,286,907 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,676,189 · 76.4% of expenses

Management and office costs$1,132,659 · 15.2% of expenses

Fundraising$619,749 · 8.3% of expenses

See all reported dollar amounts

Revenue$14,715,504

Expenses$7,428,597

Assets$145,704,085

Income$20,076,316

Contributions$11,800,991

Mission work (program services)$5,676,189

Fundraising$619,749

Grants given$16,996,477

Average grant$333,264

Management and general$1,132,659

Executive compensation (total)$46,552

Investing fees$189,888

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (31)

KIMMERLY MESSICKDIRECTOR

WILLIAM HALLDIRECTOR

STEPHEN FARROWDIRECTOR

SONYA WHITEDDIRECTOR

SANDY S FITZGERALD-ANGELLODIRECTOR

SAMANTHA HOWARDVICE CHAIR

RUBY BROWNDIRECTOR

RON MCGANNDIRECTOR

PHYLLIS VINYARDDIRECTOR

PETE BUZYDIRECTOR

NICOLE D TURNERDIRECTOR

MICHELE GARIGLIANOIMMEDIATE PAST CHAIR

MARK SMITHDIRECTOR

MARIA WALLERDIRECTOR

LOUIS TAYLORDIRECTOR

KONRAD MORGAN WAYSONDIRECTOR

ASHLEY STERNCHAIR

KIMBERLY S MAGAHADIRECTOR

JULIUS M JONES JRDIRECTOR

JOE DORREGOSECRETARY

JASON CURTINEXECUTIVE DIRECTOR

J MICHAEL SCARBOROUGHDIRECTOR

ERIC MCLAUCHLINVICE CHAIR

DR THOMAS W JONESDIRECTOR

DR SIMONA ENGDIRECTOR

DR ROBERT CLARKEDIRECTOR

DR PETER JACKSONDIRECTOR

DR MARK BOWENDIRECTOR

DR CHARLES B SILVIA JRDIRECTOR

DAWN L ADKINS-HARCUMTREASURER

DAVID J HARKINSDIRECTOR

About this charity

Recognized since: January 1979
Location: PO BOX 2655, SALISBURY, MD 21802
County: Wicomico
In care of: JASON CURTIN
Primary officer: JASON CURTIN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(410) 543-6392

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: UHY ADVISORS MID-ATLANTIC INC
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes