Nonprofit · EIN 23-7120883
FROSTBURG STATE UNIVERSITY FOUNDATION
Tax-exempt · FROSTBURG, MD 21532
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,492,987 | $3,502,798 | $6,990,189 | $53,337,822 | $45,965 | $53,291,857 |
| June 30, 2024 | 990 | $6,673,393 | $3,887,342 | $2,786,051 | $46,976,820 | $59,063 | $46,917,757 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,646,547
- Program service revenue
- $111,205
- Investment income
- $4,605,756
- Net income from fundraising events
- $56,775
- Other revenue
- $129,479
Expenses
- Grants and similar amounts paid
- $869,298
- Other salaries and wages
- $154,224
- Salaries, compensation and benefits (total)
- $165,809
- Professional fundraising fees
- $0
- Travel
- $10,210
- Program services (functional)
- $3,071,909
- Management and general (functional)
- $408,296
- Fundraising (functional)
- $22,593
Balance sheet and other
- Total assets, start of year
- $46,976,820
- Total assets, end of year
- $53,337,822
- Total liabilities, end of year
- $45,965
- Net assets, end of year
- $53,291,857
- Land, buildings and equipment
- $8,550
- Publicly traded securities
- $51,269,445
- Net assets without donor restrictions
- $3,801,056
- Net assets with donor restrictions
- $49,490,801
- Gross receipts
- $10,492,987
- Employees
- 4
- Volunteers
- 34
- Year formed
- 1971
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN T SHORT JR | EXECUTIVE DI Trustee or director, Officer | 40 | $3,130 | $282,582 | $51,414 |
| SANDRA D ADAMS | IMMEDIATE PA Trustee or director | 2 | $0 | $0 | $0 |
| STEPHEN L BEAUREGARD | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| MAUREEN BREWER | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| LISA V BYRD | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS CREAMER | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| ROSEMARY F FAGLER | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| GLADYS W FAHERTY | AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
| RONALD G FORRESTER | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| PATRICK FRIEL | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 | $0 |
| DONALD C FRY | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| GREGORY GETTY | ASSISTANT TR Trustee or director | 10 | $0 | $0 | $0 |
| MATTHEW GILMORE | AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
| STEVEN N GLASBRENNER | BOARD OF DIR Trustee or director | 2 | $0 | $0 | $0 |
| TIMI M HADRA | VICE PRESIDE Trustee or director, Officer | 10 | $0 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBYN HAGER-SINE | BOARD OF DIR Trustee or director | 2 | $0 |
| ZACHARY T HEETER | BOARD OF DIR Trustee or director | 2 | $0 |
| DIANE HURD | BOARD OF DIR Trustee or director | 2 | $0 |
| KENNETH R COFFEY II | BOARD OF DIR Trustee or director | 2 | $0 |
| RAYMOND NELSON JR | BOARD OF DIR Trustee or director | 2 | $0 |
| JOSEPH W LAMBERT | BOARD OF DIR Trustee or director | 2 | $0 |
| A LESLIE LUDWIG | AT LARGE Trustee or director | 2 | $0 |
| KRISTOFER T LYON | BOARD OF DIR Trustee or director | 2 | $0 |
| ALFRED E MARTIN | BOARD OF DIR Trustee or director | 2 | $0 |
| ESTELLE MARTIN | BOARD OF DIR Trustee or director | 2 | $0 |
| JESSICA L MASSER | BOARD OF DIR Trustee or director | 2 | $0 |
| LAWRENCE MCKENZIE | TREASURER Trustee or director, Officer | 10 | $0 |
| MICHELE LM MUTSCHLER | BOARD OF DIR Trustee or director | 2 | $0 |
| DR BENJAMIN N NORRIS | BOARD OF DIR Trustee or director | 2 | $0 |
| ELIZABETH RHODES | SECRETARY Trustee or director, Officer | 10 | $0 |
| J STOKES | BOARD OF DIR Trustee or director | 2 | $0 |
| JASON SWEITZER | BOARD OF DIR Trustee or director | 2 | $0 |
| KATHRYN K WILLIAMS | BOARD OF DIR Trustee or director | 2 | $0 |
| ANTHONY P ZOOK | BOARD OF DIR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANDRA D ADAMS | IMMEDIATE PA Trustee or director | 2 | $0 |
| STEPHEN L BEAUREGARD | BOARD OF DIR Trustee or director | 2 | $0 |
| MAUREEN BREWER | BOARD OF DIR Trustee or director | 2 | $0 |
| THOMAS CREAMER | BOARD OF DIR Trustee or director | 2 | $0 |
| ROSEMARY F FAGLER | BOARD OF DIR Trustee or director | 2 | $0 |
| GLADYS W FAHERTY | AT LARGE Trustee or director | 2 | $0 |
| RONALD G FORRESTER | BOARD OF DIR Trustee or director | 2 | $0 |
| PATRICK FRIEL | PRESIDENT Trustee or director, Officer | 10 | $0 |
| DONALD C FRY | BOARD OF DIR Trustee or director | 2 | $0 |
| GREGORY GETTY | ASSISTANT TR Trustee or director | 2 | $0 |
| MATTHEW GILMORE | AT LARGE Trustee or director | 2 | $0 |
| TIMI M HADRA | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| ROBYN HAGER-SINE | BOARD OF DIR Trustee or director | 2 | $0 |
| ROYAL V HINES | BOARD OF DIR Trustee or director | 2 | $0 |
| KENNETH R COFFEY II | BOARD OF DIR Trustee or director | 2 | $0 |
| JOHN T SHORT JR | EXECUTIVE DI Trustee or director, Officer | 40 | $0 |
| RAYMOND NELSON JR | BOARD OF DIR Trustee or director | 2 | $0 |
| MARION S LEONARD | BOARD OF DIR Trustee or director | 2 | $0 |
| A LESLIE LUDWIG | BOARD OF DIR Trustee or director | 2 | $0 |
| ALFRED E MARTIN | BOARD OF DIR Trustee or director | 2 | $0 |
| ESTELLE M MARTIN | BOARD OF DIR Trustee or director | 2 | $0 |
| JESSICA L MASSER | BOARD OF DIR Trustee or director | 2 | $0 |
| LAWRENCE MCKENZIE | TREASURER Trustee or director, Officer | 10 | $0 |
| MICHELE LM MUTSCHLER | BOARD OF DIR Trustee or director | 2 | $0 |
| DR BENJAMIN N NORRIS | BOARD OF DIR Trustee or director | 2 | $0 |
| ELIZABETH RHODES | SECRETARY Trustee or director, Officer | 10 | $0 |
| WAYNE M SCOTT | AT-LARGE Trustee or director | 2 | $0 |
| J STOKES | BOARD OF DIR Trustee or director | 2 | $0 |
| JASON SWEITZER | BOARD OF DIR Trustee or director | 2 | $0 |
| ANTHONY P ZOOK | BOARD OF DIR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 101 BRADDOCK RD, FROSTBURG, MD 21532-2303
- Principal officer (990 for 2024)
- JOHN T SHORT JR, 101 BRADDOCK ROAD, FROSTBURG, MD 21532
- Signed the 990
- JOHN T SHORT JR, EXECUTIVE DIRECTOR
- Phone
- (301) 687-4068
- Return prepared by
- TURNBULL HOOVER & KAHL PA
Mission
TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF FROSTBURG STATE UNIVERSITY THROUGH ADVOCACY, FUNDRAISING, INVESTMENT MANAGEMENT AND STEWARDSHIP.
Program accomplishments
- ATHLETIC - THESE PROVIDE SUPPORT FOR THE UNIVERSITY ATHLETICS PROGRAM.Expenses $436,078 · grants $194,147 · revenue $56,295
- ENDOWMENT - THESE PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS AND PROGRAM SUPPORT.Expenses $1,690,496 · grants $272,022
- PROGRAM SUPPORT - THESE PROVIDE SUPPORT TO SCHOOLS, DEPARTMENTS, DIVISIONS, SPECIAL INTERESTS, AND OTHER PROJECTS APPROVED AND RECOGNIZED BY THE UNIVERSITY. THEY ALSO SUPPORT EMERGENCY STUDENT LOANS.Expenses $401,654 · grants $100,198 · revenue $25,188
- EXPENSES INCLUDING GRANTS OF REVENUE PASS THROUGH ACCOUNTS 543,681 72,393 29,722 PASS-THROUGH - MOST OF THESE PROVIDE IMMEDIATE-IMPACT SCHOLARSHIPS FOR STUDENTS. IN ADDITION, SOME PROVIDE A VEHICLE FOR LIFE INSURANCE PREMIUM PAYMENTS, AND TO RECORD EXPENDITURES THAT WILL BE DIRECTLY REIMBURSED BY NON-CHARITABLE INCOME.Expenses $543,681 · grants $72,393 · revenue $29,722
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7120883
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $53,337,822
- Income (IRS master file)
- $10,492,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,492,987 | $3,502,798 | $53,337,822 | XML |
| 990 | June 2024 | $6,673,393 | $3,887,342 | $46,976,820 | XML |
| 990 | June 2023 | $4,127,244 | $3,861,874 | $42,609,827 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7120883).
Questions about FROSTBURG STATE UNIVERSITY FOUNDATION
- What is the EIN of FROSTBURG STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of FROSTBURG STATE UNIVERSITY FOUNDATION is 23-7120883.
- Is FROSTBURG STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to FROSTBURG STATE UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FROSTBURG STATE UNIVERSITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FROSTBURG STATE UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FROSTBURG STATE UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FROSTBURG STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names JOHN T SHORT JR.
- Who are the officers and directors of FROSTBURG STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 34 people; 1 received compensation from the organization, the highest $3,130 (JOHN T SHORT JR, EXECUTIVE DI).
- How much revenue does FROSTBURG STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,492,987, expenses of $3,502,798 and total assets of $53,337,822 at year end.
Other nonprofits in FROSTBURG
- REFUGE MOUNTAIN RANCH EIN 33-4506612 · last filed 990 for 2025
- MVP YOUTH INC EIN 47-2020166 · last filed 990-EZ for 2024
- MOUNTAIN RIDGE BAND PARENTS ASSOCIATION INC EIN 27-1586711 · last filed 990-EZ for 2025
- FRIENDS OF NPSA INC EIN 82-3273596 · last filed 990-EZ for 2024
- PHI ETA SIGMA NATIONAL HONOR SOCIETY INC EIN 46-2411407 · last filed 990-N for 2020
- HONOR SOCIETY OF PHI KAPPA PHI EIN 82-5300694 · last filed 990-N for 2025
- COMMUNITY MODEL RAILROAD CLUB EIN 57-1198158 · last filed 990-N for 2025
- TOM PATTERSON MEMORIAL SCHOLARSHIP EIN 81-3799470 · last filed 990-N for 2025