WAYNE STATE UNIVERSITY ALUMNI ASSOCIATION (EIN 237080478) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Phone

3135772073

Tax Period

2023-10-01 to 2024-09-30

WAYNE STATE UNIVERSITY ALUMNI ASSOCIATION, founded in 1973, is a small nonprofit in the Education sector that reported $160K in total revenue in fiscal year 2023. The organization ran a surplus of $69K, a strong 43% operating margin.

Mission

TO SUPPORT THE INSTRUCTION, RESEARCH AND PUBLIC SERVICE MISSION OF WAYNE STATE UNIVERSITY BY ESTABLISHING MUTUALLY BENEFICIAL RELATIONSHIPS WITH ALUMNI AND ALUMNI GROUPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $14,508

Other Revenue $145,080

TOTAL REVENUE $159,588

Expense Breakdown

Grants Paid $8,074

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,111

Other Expenses $82,209

TOTAL EXPENSES $90,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$159,588	$154,567	+0.0%
Expenses	$90,283	$142,149	-0.4%
Net Income	$69,305	$12,418	+4.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$434,600

Total Directors

$556,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Komal Shah Kapoor	Vice President	1.0	Officer Director	$0	$0	$0
Peter Caborn	BOARD MEMBER, Interim Treasurer (1.11.24-8.18.24)	1.8	Officer Director	$0	$60,081	$273,998
Regina Baker	Secretary	1.0	Officer Director	$0	$0	$0
Tosha Padgett Brown	PRESIDENT	1.0	Officer Director	$0	$0	$0
Annette Walker	Board Member	1.0	Director	$0	$7	$93
Bilal Hammoud	Board Member	1.0	Director	$0	$0	$0
Brandon Ivory	Board Member	1.0	Director	$0	$2,294	$32,267
Donald Smolenski	Board Member	1.0	Director	$0	$0	$0
Ernestine Lyons	Board Member	1.0	Director	$0	$0	$0
Ieisha Norris	Board Member	1.0	Director	$0	$0	$0
Kerry LaPlante	Board Member	1.0	Director	$0	$0	$0
Leda McIntyre Hall	Board Member	1.0	Director	$0	$0	$0
Michelle OGrady	Board Member	1.0	Director	$0	$0	$0
Rochelle Miller	Board Member	1.0	Director	$0	$0	$0
Ronald Wood	Board Member	1.0	Director	$0	$0	$0
Shameeka Ward	Board Member	1.0	Director	$0	$0	$0
Shyam Bhakta	Board Member	1.0	Director	$0	$0	$0
Tara Reid	Board Member	1.0	Director	$0	$15,801	$122,643
Tia Finney-Sadler	Board Member	1.0	Director	$0	$24,766	$127,608
Timothy Schramm	Board Member	1.0	Director	$0	$0	$0
Annessa Morley	BOARD MEMBER, Treasurer - PART YEAR (10.1.23-1.10.24)	3.8	Officer	$0	$30,802	$160,602
Lyndsey Crum	BOARD MEMBER, Treasurer (8.19.24-9.30.24)	3.8	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
2024	$159,588	$90,283	$587,022	$69,305
2023	$154,567	$142,149	$503,640	$12,418
2022	$152,463	$136,293	$486,322	$16,170
2021	$185,901	$132,725	$501,109	$53,176
2020	$182,523	$154,790	$445,192	$27,733
2019	$185,909	$184,357	$416,781	$1,552
2018	$183,598	$192,664	$412,684	$-9,066

WAYNE STATE UNIVERSITY ALUMNI ASSOCIATION