CHEYNEY UNIVERSITY NATIONAL ALUMNI ASSOCIATION (EIN 237010017) - 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

1970

Legal Domicile

Principal Officer

VERRON S HAYSPELL

Phone

2158856840

Tax Period

2023-01-01 to 2023-12-31

CHEYNEY UNIVERSITY NATIONAL ALUMNI ASSOCIATION, founded in 1970, is a small nonprofit in the Education sector that reported $212K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $91K, a strong 43% operating margin.

Mission

PROMOTE THE ADVANCEMENT OF CHEYNEY UNIVERSITY AND EDUCATION BY SPONSORING EDUCATIONAL ACTIVITIES, PROVIDING SCHOLARSHIP AID TO INDIVIDUALS AND SUPPORT FOR UNIVERSITY PROGRAMS & FACILITIES.

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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 $110,000

Program Service Revenue $102,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $212,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,000

Other Expenses $45,800

TOTAL EXPENSES $120,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,000	$279,912	-0.2%
Expenses	$120,800	$299,132	-0.6%
Net Income	$91,200	$-19,220	-5.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELAINE ABBAS	BOARD OF DIR	4.00	Director	$0	$0	$0
DR ANN ADDERLEY	BOARD OF DIR	4.00	Director	$0	$0	$0
DARRON DANIELS	CORRES. SECR	6.00	Officer Director	$0	$0	$0
MARQUITA DANZY	RECORDING SE	6.00	Officer Director	$0	$0	$0
CAMILE GADSEN	BOARD OF DIR	4.00	Director	$0	$0	$0
VERRON S HAYSPELL	PRESIDENT	8.00	Officer Director	$0	$0	$0
COREY FIELDS	TREASURER	7.00	Officer	$0	$0	$0
JIMYCE G JOHNSTON	FINANCIAL SE	6.00	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
2023	$212,000	$120,800	$352,592	$91,200
2022	$288,310	$178,657	$527,117	$109,653
2021	$295,261	$174,285	$417,464	$120,976
2020	$190,275	$179,235	$306,048	$11,040
2019	$333,640	$415,472	$295,008	$-81,832

CHEYNEY UNIVERSITY NATIONAL ALUMNI ASSOCIATION