BEducationEIN: 640538018· Ruling Year: 1975

Alcorn State University Foundation Incorporated

Lorman, Mississippi

B+Health Score
67B+

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org21.38×
Peer Median20.77×
💰
$5.4M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$55.4M
Net Assets
📋
$985K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.1%
Year-over-year change (2022 → 2023)
Net Margin
+52.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
21.38
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,446,0552%$2,593,44944%$56,421,072
2022$5,334,60481%$1,805,5563%$56,611,43412%
2020$27,759,787418%$1,862,60731%$50,539,008125%
2019$5,359,624588%$2,702,33311%$22,421,80313%
2018$778,71880%$2,425,71346%$19,767,4298%
2017$3,969,54039%$1,662,60717%$21,440,83912%
2016$2,852,17354%$1,995,4188%$19,190,9504%
2015$1,857,03253%$1,851,16322%$18,494,894
2014$3,961,07160%$1,518,78427%$18,521,36619%
2013$2,482,91030%$2,071,1614%$15,502,4943%
2012$1,904,70955%$1,989,068132%$15,061,7702%
2011$1,225,482$858,630$15,303,152

Frequently Asked Questions

What does Alcorn State University Foundation Incorporated do?

Alcorn State University Foundation Incorporated is a education nonprofit organization based in Mississippi. It is classified under NTEE code B43I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Alcorn State University Foundation Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Alcorn State University Foundation Incorporated has a score of 67/100 (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 Alcorn State University Foundation Incorporated generate?

Alcorn State University Foundation Incorporated reports $5.2M in annual revenue and holds $60.1M in total assets, based on IRS filings.

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