CUM LAUDE SOCIETY

EIN: 046068195 501(c)(3)

LOUISVILLE, KY

Total Revenue
$253,583
Total Expenses
$196,637
Total Assets
$1,502,406
Net Assets
$1,502,406
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
KY
Principal Officer
BRADLEY E LYMAN
Phone
5022163814
Tax Period
2024-07-01 to 2025-06-30

CUM LAUDE SOCIETY, founded in 1906, is a small nonprofit that reported $254K in total revenue in fiscal year 2024. The organization ran a surplus of $57K, a strong 22% operating margin.

Mission

THE CUM LAUDE SOCIETY RECOGNIZES ACADEMIC ACHIEVEMENT IN SECONDARY SCHOOLS FOR THE PURPOSE OF PROMOTING EXCELLENCE (ARETE), JUSTICE (DIKE), AND HONOR (TIME).

Program Service Accomplishments

Program 1
Expenses: $115,554 Revenue: $196,140

RECOGNITION FOR SECONDARY SCHOLASTIC ACHIEVEMENT AND PROMOTION OF SECONDARY SCHOOL EDUCATION.

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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 $0
Program Service Revenue $125,341
Investment Income $57,443
Other Revenue $70,799
TOTAL REVENUE $253,583

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,675
Fundraising Expenses $0
Program Expenses $115,554
Other Expenses $73,962
TOTAL EXPENSES $196,637

Year-over-Year Comparison

2024 2023 Change
Revenue $253,583 $259,886 0.0%
Expenses $196,637 $196,019 +0.0%
Net Income $56,946 $63,867 -0.1%
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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Governance

Voting Members
10
Independent Members
9
Employees
2
Volunteers
9

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
$44,300
Total Directors
10
$44,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY LYMAN REGISTRAR GENERAL 30.00
Officer Director
$44,300 $0 $44,300
MOLLY KING PRESIDENT GENERAL 1.00
Officer Director
$0 $0 $0
LAWRENCE WALL REGENT 1.00
Director
$0 $0 $0
JEAN WALLER BRUNE SECRETARY 1.00
Officer Director
$0 $0 $0
JP CULLEY DEPUTY PRESIDENT GENERAL 1.00
Officer Director
$0 $0 $0
MELISSA SODERBERG REGENT 1.00
Director
$0 $0 $0
JOHN AUSTIN REGENT 1.00
Director
$0 $0 $0
SALLY KEIDEL REGENT 1.00
Director
$0 $0 $0
AUTUMN GRAVES REGENT 1.00
Director
$0 $0 $0
JENNIFER CICARELLI REGENT 1.00
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
2025 $253,583 $196,637 $1,502,406 $56,946
2024 $259,886 $196,019 $1,323,662 $63,867
2023 $260,951 $227,493 $1,148,678 $33,458
2022 $234,825 $178,316 $1,056,917 $56,509
2021 $203,668 $139,245 $1,148,233 $64,423
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