ROWAN UNIVERSITY STUDENT GOVERNMENT ASSOCIATION (EIN 222628847) - 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

1957

Legal Domicile

Principal Officer

BRIANNA REAGAN

Phone

8562564540

Tax Period

2022-07-01 to 2023-06-30

ROWAN UNIVERSITY STUDENT GOVERNMENT ASSOCIATION, founded in 1957, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2022. Expenses of $3.0M exceeded revenue, resulting in a 18% operating deficit.

Mission

TO MAKE CERTAIN THAT ALL UNDERGRADUATE STUDENTS' NEEDS ARE BEING MET BY ACTING AS A STUDENT VOICE FOR THE CAMPUS COMMUNITY, SERVING AS AN OUTLET FOR STUDENT CONCERNS, PROMOTING STUDENT PARTICIPATION IN CAMPUS LIFE, AND INVESTIGATING SOLUTIONS TO VARIOUS ISSUES THAT AFFECT THE CAMPUS AS A WHOLE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $18,895

Program Service Revenue $2,499,871

Investment Income $29,904

Other Revenue $0

TOTAL REVENUE $2,548,670

Expense Breakdown

Grants Paid $177,500

Salaries & Benefits $861,327

Fundraising Expenses $0

Program Expenses $2,476,759

Other Expenses $1,969,864

TOTAL EXPENSES $3,008,691

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,548,670	$2,533,529	+0.0%
Expenses	$3,008,691	$3,012,423	0.0%
Net Income	$-460,021	$-478,894	0.0%

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

125

Volunteers

1342

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

$18,400

Total Directors

$29,581

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAIGE BATHURST	PRESIDENT UNTIL MAY 2023	10.00	Officer Director	$0	$8,850	$8,850
EMILY LOWE	EXECUTIVE VP UNTIL MAY 2023	10.00	Officer Director	$0	$5,749	$5,749
MORGAN JUSTUS	RECORDING SECRETARY	5.00	Officer Director	$0	$2,816	$2,816
RIYA BHATT	AVP HEALTH, WELLNESS, AND SAFETY	5.00	Director	$0	$2,816	$2,816
ALYSSA BOLLENDORF	ALT. STUDENT TRUSTEE UNTIL MAY 2023	3.00	Director	$0	$1,830	$1,830
RICHARD BELOTTI	AVP GOV. RELATIONS UNTIL MAY 2023	5.00	Director	$0	$985	$985
ALEX D'ANGELANTONIO AVP	UNIV. ADVANCEMENT UNTIL MAY 2023	5.00	Director	$0	$985	$985
NICHOLAS D'ANGELANTONIO AVP	PUBLIC RELATIONS UNTIL OCT 2022	5.00	Director	$0	$985	$985
EMERSON HARMAN AVP ACADEMIC	AFFAIRS UNTIL MAY 2023	5.00	Director	$0	$985	$985
JULES SHUSTERMAN	AVP STUDENT AFFAIRS UNTIL MAY 2023	5.00	Director	$0	$985	$985
RAYMOND WOS JR	AVP DEI UNTIL MAY 2023	5.00	Director	$0	$985	$985
JOSHUA ZAHAROF AVP FACILITIES OPS	UNTIL MAY 2023/EVP AS OF MAY 2023	10.00	Officer Director	$0	$985	$985
SPENCER LOMANNO	CHIEF COMMISSIONER UNTIL MAY 2023	3.00	Director	$0	$625	$625
BRIANNA REAGAN AVP PUBLIC REL	UNTIL MAY 2023/PRES. AS OF MAY 2023	10.00	Officer Director	$0	$0	$0
KAVIN HALDO	CFO AS OF MAY 2023	10.00	Officer Director	$0	$0	$0
ALIYAN AAMIR	CHIEF COMMISSIONER AS OF MAY 2023	3.00	Director	$0	$0	$0
EZEKIEL ABRAMS	AVP STUDENT AFFAIRS AS OF MAY 2023	5.00	Director	$0	$0	$0
HOPE CAMPBELL	AVP PUBLIC RELATIONS AS OF MAY 2023	5.00	Director	$0	$0	$0
MICHAEL HARRINGTON	STUDENT TRUSTEE	3.00	Director	$0	$0	$0
JAMIE IVAN	AVP GOV. RELATIONS AS OF MAY 2023	5.00	Director	$0	$0	$0
GABRIELLE LANGEVINE	AVP DEI AS OF MAY 2023	5.00	Director	$0	$0	$0
LANDON NICHOLSON CFO UNTIL	MAY 2023/AVP UNIV ADV AS OF MAY 2023	5.00	Director	$0	$0	$0
ESTEBAN PRINCE	AVP ACADEMIC AFFAIRS AS OF MAY 2023	5.00	Director	$0	$0	$0
EMMA REDMOND	AVP FACILITIES & OPS AS OF MAY 2023	5.00	Director	$0	$0	$0
YUVAL SAAR	ALT. STUDENT TRUSTEE AS OF MAY 2023	3.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,548,670	$3,008,691	$2,951,352	$-460,021
2022	$2,533,529	$3,012,423	$3,377,682	$-478,894
2021	$2,581,694	$1,585,772	$3,917,347	$995,922
2020	$2,792,114	$1,994,879	$2,940,736	$797,235
2019	$2,796,724	$2,742,438	$2,148,997	$54,286
2018	$2,946,433	$2,571,958	$2,152,190	$374,475

ROWAN UNIVERSITY STUDENT GOVERNMENT ASSOCIATION