RUTGERS ALUMNI ASSOCIATION

EIN: 222322725 501(c)(3) Education

NEW BRUNSWICK, NJ

Total Revenue
$249,835
Total Expenses
$171,762
Total Assets
$3,759,113
Net Assets
$3,753,908
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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
1980
Legal Domicile
NJ
Principal Officer
JEFFREY ARMUS
Phone
9084190624
Tax Period
2023-07-01 to 2024-06-30

RUTGERS ALUMNI ASSOCIATION, founded in 1980, is a small nonprofit in the Education sector that reported $250K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 31% operating margin.

Mission

ENGAGING ALUMNI, HELPING STUDENTS, CELEBRATING RUTGERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $100
Program Service Revenue $39,667
Investment Income $106,780
Other Revenue $103,288
TOTAL REVENUE $249,835

Expense Breakdown

Grants Paid $20,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $151,287
Other Expenses $151,012
TOTAL EXPENSES $171,762

Year-over-Year Comparison

2023 2022 Change
Revenue $249,835 $184,624 +0.4%
Expenses $171,762 $138,108 +0.2%
Net Income $78,073 $46,516 +0.7%
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
61
Independent Members
61
Employees
N/A
Volunteers
100

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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE SETZER PRESIDENT 15.00
Officer Director
$0 $0 $0
KEN KOLANKO VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
YASH DALAL VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
HOUSHANG PARSA VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
MARC GOLDSTONE CORPORATE SECRETARY 10.00
Officer Director
$0 $0 $0
JEFFREY ARMUS TREASURER 10.00
Officer 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 No data No data No data No data
2024 $249,835 $171,762 $3,759,113 $78,073
2023 $184,624 $138,108 $3,394,636 $46,516
2022 $111,281 $122,216 $3,176,869 $-10,935
2021 $202,581 $48,144 $3,883,207 $154,437
2020 $152,822 $139,677 $3,157,942 $13,145
2019 $87,177 $238,626 $3,070,938 $-151,449
2018 $183,649 $246,245 $2,986,371 $-62,596
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