Coalition of African American Nursing

EIN: 030486416 501(c)(3) Education

Matteson, IL

Total Revenue
$1,311,693
Total Expenses
$1,363,365
Total Assets
$490,922
Net Assets
$178,649
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Phone
7089831645
Tax Period
2024-01-01 to 2024-12-31

Coalition of African American Nursing, founded in 2002, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2019. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $929K left a modest 8% surplus.

Mission

Coalition of African American Nurses (the Organization) is an Illinois not-for-profit coproation that provides comprehensiive academic instructions on the highest level that promotes and facilities personal and professional development in nursing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,311,693
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,311,693

Expense Breakdown

Grants Paid $0
Salaries & Benefits $906,851
Fundraising Expenses $18,210
Program Expenses $1,107,290
Other Expenses $456,514
TOTAL EXPENSES $1,363,365

Year-over-Year Comparison

2024 2023 Change
Revenue $1,311,693 $1,234,887 +0.1%
Expenses $1,363,365 $1,258,564 +0.1%
Net Income $-51,672 $-23,677 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
40
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$135,200
Total Directors
6
$135,200
Key Employees
1
$135,200
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Alexander President 40.00
Officer Director Key Emp Highest
$135,200 $0 $135,200
Gregory Shephard Vice President 2.00
Officer Director
$0 $0 $0
Rose Murry Secretary 2.00
Officer Director
$0 $0 $0
Carol Wardlaw Treasurer 2.00
Officer Director
$0 $0 $0
Julian Alexander Trustee 2.00
Director
$0 $0 $0
Charolette Hayes-Mason Trustee 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,311,693 $1,363,365 $490,922 $-51,672
2023 $1,234,887 $1,258,564 $522,306 $-23,677
2022 $1,238,873 $1,284,983 $473,256 $-46,110
2021 $1,141,735 $1,056,200 $490,988 $85,535
2020 $1,057,764 $1,021,993 $433,737 $35,771
2019 $1,012,325 $929,339 $225,902 $82,986
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