FACULTY ASSOCIATION OF MONMOUTH UNIVERSITY (EIN 221922640) - Form 990 Financial Analysis & Trantor Score

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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

1971

Legal Domicile

Principal Officer

RICHARD COX

Phone

7322635532

Tax Period

2024-07-01 to 2025-06-30

FACULTY ASSOCIATION OF MONMOUTH UNIVERSITY, founded in 1971, is a small nonprofit in the Employment sector that reported $167K in total revenue in fiscal year 2024. The organization ran a surplus of $40K, a strong 24% operating margin.

Mission

FACILITY ASSOCIATION OF MONMOUTH COUNTY UNIVERSITY'S PRIMARY PURPOSE TO REPRESENT ITS MEMBERS AND SUPPORT THE UNIVERSITY IN THE DEVELOPMENT OF PROFESSIONAL STANDARDS AND PROCEDURES.

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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 $166,346

Investment Income $0

Other Revenue $328

TOTAL REVENUE $166,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,050

Fundraising Expenses $0

Program Expenses $114,929

Other Expenses $98,595

TOTAL EXPENSES $126,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,674	$173,840	0.0%
Expenses	$126,645	$153,520	-0.2%
Net Income	$40,029	$20,320	+1.0%

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

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

$14,000

Total Directors

$20,599

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGHAN DELANEY	PRESIDENT	2.00	Officer Director	$6,000	$0	$6,000
STEPHEN CHAPMAN	VICE PRESIDENT	2.00	Officer Director	$5,000	$0	$5,000
SUSAN PATTAY	SECRETARY	2.00	Officer Director	$0	$0	$0
RICHARD COX	TREASURER	2.00	Officer Director	$3,000	$0	$3,000
COREY DZENKO	GRIEVANCE OFFICER	2.00	Director	$5,500	$0	$5,500
MELISSA BRYCKI	MEDIATION OFFICER	2.00	Director	$0	$0	$0
NICK MESSINA	COMMUNICATIONS OFFICER	0.00	Director	$0	$0	$0
JEN MCGOVERN	MEMBERSHIP OFFICER	1.00	Director	$1,099	$0	$1,099
BILL BYRNE	LIAISON COORDINATOR	0.00	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	$166,674	$126,645	$584,745	$40,029
2024	$173,840	$153,520	$544,716	$20,320
2023	$172,548	$125,990	$524,396	$46,558

FACULTY ASSOCIATION OF MONMOUTH UNIVERSITY