ACADEMIC ASSETS INC (EIN 232455915) - 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

1986

Legal Domicile

Principal Officer

HELEN Y BOWMAN

Phone

2156621500

Tax Period

2023-07-01 to 2024-06-30

ACADEMIC ASSETS INC, founded in 1986, is a micro nonprofit that reported $13K in total revenue in fiscal year 2023. Expenses of $45K exceeded revenue, resulting in a 248% operating deficit.

Mission

ACQUIRES AND IMPROVES PROPERTIES OF STRATEGIC IMPORTANCE TO THE FUTURE GROWTH OF DREXEL UNIVERSITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $12,943

Other Revenue $0

TOTAL REVENUE $12,943

Expense Breakdown

Grants Paid $45,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,000

Other Expenses $0

TOTAL EXPENSES $45,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,943	$12,128	+0.1%
Expenses	$45,000	N/A	N/A
Net Income	$-32,057	$12,128	-3.6%

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

N/A

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

$4,176,883

Total Directors

$3,826,374

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN A FRY	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$51,650	$2,745,768
HELEN Y BOWMAN	PRESIDENT & TREASURER	1.00	Officer Director	$0	$130,154	$854,710
DONALD LIBERATI	DIRECTOR	1.00	Director	$0	$25,809	$225,896
REBECCA LACHER	SECRETARY	1.00	Officer	$0	$26,437	$203,502
ALAN GREENBERGER	VICE PRESIDENT	1.00	Officer	$0	$45,439	$372,903

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	$12,943	$45,000	$33,725,471	$-32,057
2023	$12,128	No data	$31,169,320	No data
2022	$11,828	No data	$28,316,826	No data
2021	$11,828	No data	$26,076,806	No data
2020	$7,681	No data	$24,127,898	No data
2019	No data	No data	$28,475,149	No data
2018	No data	No data	$25,968,719	No data

ACADEMIC ASSETS INC