THE ASSOCIATES OF THE UNIVERSITY O… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

Paul Cadario

Phone

9176082750

Tax Period

2024-01-01 to 2024-12-31

THE ASSOCIATES OF THE UNIVERSITY OF TORONTO INC, founded in 1947, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

The Organization's mission is to accept donations from sources within the United States for the benefit of the University of Toronto, Ontario, Canada.

Program Service Accomplishments

Program 1

Expenses: $3,456,110 Revenue: $3,346,838

The Organization collected funds and contributions received by gift, deed, legacy and bequest from individuals, corporations, estates, trusts and foundations resident in the United States. The...

The Organization collected funds and contributions received by gift, deed, legacy and bequest from individuals, corporations, estates, trusts and foundations resident in the United States. The Organization made grants to the University of Toronto in furtherance of the University's charitable, scientific, educational, literacy and religious activities.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,346,838

Program Service Revenue $0

Investment Income $47,515

Other Revenue $0

TOTAL REVENUE $3,394,353

Expense Breakdown

Grants Paid $3,455,057

Salaries & Benefits $0

Fundraising Expenses $1,052

Program Expenses $3,456,110

Other Expenses $12,758

TOTAL EXPENSES $3,467,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,394,353	$2,923,476	+0.2%
Expenses	$3,467,815	$3,230,167	+0.1%
Net Income	$-73,462	$-306,691	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Lorraine Bell	Director	Director	$0	$0	$0
Tad Brown	Secretary	Officer Director	$0	$0	$0
Paul Cadario	President	Officer Director	$0	$0	$0
Gary Kaufman	Treasurer	Officer Director	$0	$0	$0
Irene Miller	Director	Director	$0	$0	$0
Ken Ottenbreit	Director	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	$3,394,353	$3,467,815	$430,405	$-73,462
2023	$2,923,476	$3,230,167	$503,787	$-306,691
2022	$2,253,635	$3,279,927	$810,177	$-1,026,292
2021	$3,286,935	$2,799,133	$1,846,266	$487,802
2020	$3,693,273	$3,169,674	$1,360,788	$523,599
2019	$3,646,139	$4,327,225	$744,717	$-681,086
2018	$2,386,055	$4,285,618	$1,425,030	$-1,899,563

THE ASSOCIATES OF THE UNIVERSITY OF TORONTO INC