NORTH AMERICAN ASSOCIATION OF COMM… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

SONDRA SCHWARTZ

Phone

3015176862

Tax Period

2024-08-01 to 2025-07-31

NORTH AMERICAN ASSOCIATION OF COMMENCEMENT OFFICERS INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $696K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $642K left a modest 8% surplus.

Mission

TO ESTABLISH, FOSTER, AND PROMOTE THE HIGHEST POSSIBLE STANDARDS OF EXCELLENCE FOR THE CREATION AND EXECUTION OF COMMENCEMENT, CONVOCATION, AND OTHER ACADEMIC CEREMONIES THROUGH THE EDUCATION AND PROFESSIONAL DEVELOPMENT OF INDIVIDUALS CHARGED WITH LEADERSHIP, PLANNING, OVERSIGHT, AND IMPLEMENTATION AT POST-SECONDARY EDUCATIONAL INSTITUTIONS.

Program Service Accomplishments

Program 1

THE ASSOCIATION HOSTS AN ANNUAL CONFERENCE, REGIONAL MEETINGS, AND EDUCATIONAL EVENTS IN ORDER TO EXCHANGE INFORMATION AMONGST ITS MEMBERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $660,752

Investment Income $14,162

Other Revenue $20,600

TOTAL REVENUE $695,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $642,028

TOTAL EXPENSES $642,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$695,514	$607,833	+0.1%
Expenses	$642,028	$673,527	0.0%
Net Income	$53,486	$-65,694	-1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDIA DAVILA	PRESIDENT	3.00	Officer Director	$0	$0	$0
MARCUS JONES	PRESIDENT ELECT	3.00	Officer Director	$0	$0	$0
SONDRA SCHWARTZ	TREASURER	3.00	Officer Director	$0	$0	$0
GRABRIELLE MARTINEZ	SECRETARY	3.00	Officer Director	$0	$0	$0
JIM VITAGLIANO	IMMEDIATE PAST PRESIDENT	3.00	Director	$0	$0	$0
MELISSA PICHER KELLY	DIRECTOR	3.00	Director	$0	$0	$0
LACY DAILEY	DIRECTOR	3.00	Director	$0	$0	$0
S'NETA BENEFIELD	EXECUTIVE DIRECTOR	20.00	Officer	$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	$695,514	$642,028	$524,536	$53,486
2024	$607,833	$673,527	$449,381	$-65,694
2023	$500,186	$481,103	$505,293	$19,083
2022	$416,427	$495,561	$459,441	$-79,134
2021	$318,492	$201,337	$468,567	$117,155
2020	$682,583	$670,399	$372,605	$12,184
2019	$515,261	$409,070	$402,578	$106,191

NORTH AMERICAN ASSOCIATION OF COMMENCEMENT OFFICERS INC