Alabama Alpha Mu Fraternal Association (EIN 237119068) - 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

1966

Legal Domicile

Principal Officer

Thomas Cagnassola

Phone

2243070659

Tax Period

2024-07-01 to 2025-06-30

Alabama Alpha Mu Fraternal Association, founded in 1966, is a small nonprofit that reported $778K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $241K, a strong 31% operating margin.

Mission

Alabama Alpha Mu Housing Corporation exists to own and manage property which is to be used by the Alabama Alpha-Mu Chapter of Sigma Alpha Epsilon Fraternity a tax exempt social organization

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $342,555

Program Service Revenue $435,080

Investment Income $90

Other Revenue $0

TOTAL REVENUE $777,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $536,867

Other Expenses $536,867

TOTAL EXPENSES $536,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,725	$496,941	+0.6%
Expenses	$536,867	$464,875	+0.2%
Net Income	$240,858	$32,066	+6.5%

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

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	Role	Reportable Comp	Other Comp	Total
John Weiskittel	Treasurer	Officer	$0	$0	$0
Bo Harmon	President	Officer	$0	$0	$0
Jim Easterling	Director	Officer	$0	$0	$0
Richard Gilchrist	Director	Officer	$0	$0	$0
Charles W Regan Jr	Director	Officer	$0	$0	$0
Juan Faria	Senior Director of Finance	Director	$0	$0	$0
Thomas Cagnassola	Senior Accountant	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	$777,725	$536,867	$4,870,754	$240,858
2024	$496,941	$464,875	$1,777,451	$32,066
2023	$283,100	$514,386	$1,243,604	$-231,286
2022	$124,609	$280,661	$1,211,799	$-156,052
2021	$119,926	$132,418	$1,128,005	$-12,492
2021	$119,923	$132,416	$1,128,004	$-12,493
2020	$131,612	$168,491	$1,171,133	$-36,879
2019	$143,151	$146,858	$1,227,391	$-3,707

Alabama Alpha Mu Fraternal Association