CSCharityScored
41

Frostburg State University Foundation

Education · Frostburg, Maryland

101 Braddock Rd, Frostburg, MD 21532-2303

EIN: 237120883· Founded: Jul 1971· 55 years active· Filing Year: 2024

Annual Revenue

$6.7M

Total Expenses

$3.9M

Total Assets

$47.0M

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$134K

Total Payroll

$134K

3% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 3%
Other overhead: 97%
Program Revenue$124K (2%)
Total Expenses$3.9M (58%)
Payroll$134K (3%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$6.7M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$47.0M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.