Rowan University Alumni Association

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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

1924

Legal Domicile

Principal Officer

R J Tallarida Jr

Phone

8562564127

Tax Period

2017-07-01 to 2018-05-29

Rowan University Alumni Association, founded in 1924, is a small nonprofit that reported $184K in total revenue in fiscal year 2017. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 838% operating deficit.

Mission

TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY AND ITS ALUMNI BY FOSTERING AND SUSTAINING RELATIONSHIPS AMONG ALUMNI, STUDENTS, FRIENDS, AND THE UNIVERSITY COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,720,935 Revenue: $16,750

Rowan University Alumni Association ("The Association") was founded in 1924 by 120 members of the charter class at Rowan University, the former Glassboro State College. The Association is a...

Rowan University Alumni Association ("The Association") was founded in 1924 by 120 members of the charter class at Rowan University, the former Glassboro State College. The Association is a not-for-profit organization which represents over 84,000 active alumni who live in all 50 states, the District of Columbia and approximately 35 foreign countries. All graduates of Rowan University are members of The Association. The Association sponsors special events which benefit certain University programs or activities and Rowan University Foundation's scholarships.

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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 (2017)

Revenue Breakdown

Contributions & Grants $79,030

Program Service Revenue $16,750

Investment Income $51,304

Other Revenue $36,505

TOTAL REVENUE $183,589

Expense Breakdown

Grants Paid $1,720,935

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,720,935

Other Expenses $1,050

TOTAL EXPENSES $1,721,985

Year-over-Year Comparison

	2017	2016	Change
Revenue	$183,589	$233,874	-0.2%
Expenses	$1,721,985	$264,298	+5.5%
Net Income	$-1,538,396	$-30,424	+49.6%

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

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

$576,045

Total Directors

$115,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Suzanne Beers	Director/President	0.5	Officer Director	$0	$0	$0
Angelo Pinti	Director/Vice President	0.5	Officer Director	$0	$0	$0
Joe Akinskas	Director/Vice Pres./Adj Prof.	0.5	Officer Director	$0	$0	$8,400
Melanie Burney	Director/Vice President	0.5	Officer Director	$0	$0	$0
Chris D'Angelo	Director/Ex-Officio	0.5	Director	$0	$13,626	$91,947
Mike Acevedo	Director	0.5	Director	$0	$0	$0
Archange Antoine	Director	0.5	Director	$0	$0	$0
Angel Aristone	Director	0.5	Director	$0	$0	$0
Melissa Bass	Director	0.5	Director	$0	$0	$0
Erica Bauwens Young	Director	0.5	Director	$0	$0	$0
Kristen Brozina Angelucci	Director	0.5	Director	$0	$0	$0
Tobi Bruhn	Director	0.5	Director	$0	$0	$0
Chrissy Buteas	Director	0.5	Director	$0	$0	$0
Michael Coletta	Director	0.5	Director	$0	$0	$0
Daniel Errera	Director	0.5	Director	$0	$0	$0
Susanne Galanek	Director	0.5	Director	$0	$0	$0
Angelique Hilton	Director	0.5	Director	$0	$0	$0
Lynda Hinkle	Director	0.5	Director	$0	$0	$0
Brighid Burgin Hoempler	Director	0.5	Director	$0	$0	$0
Rhonda Holland	Director	0.5	Director	$0	$0	$0
Louis Joyce	Director/Adjunct Professor	0.5	Director	$0	$0	$15,203
Shannon Killeen	Director	0.5	Director	$0	$0	$0
Amanda Koon	Director	0.5	Director	$0	$0	$0
Gina Lemanowicz Pusloski	Director	0.5	Director	$0	$0	$0
Anthony Marino	Director	0.5	Director	$0	$0	$0
Sandy Maxwell	Director	0.5	Director	$0	$0	$0
Andy McLaughlin	Director (Thru 11/2017)	0.5	Director	$0	$0	$0
William Moen	Director	0.5	Director	$0	$0	$0
Bryan Nese	Director	0.5	Director	$0	$0	$0
Anthony Phillips	Director	0.5	Director	$0	$0	$0
Tony Racioppi	Director	0.5	Director	$0	$0	$0
Marc de la Rosa	Director	0.5	Director	$0	$0	$0
Marissa Straccialini	Director	0.5	Director	$0	$0	$0
Jon Vogel	Director	0.5	Director	$0	$0	$0
Gary Winkler	Director	0.5	Director	$0	$0	$0
Adam Woodhull	Director	0.5	Director	$0	$0	$0
John J Zabinski	Executive Director-RU FDN	1.0	Officer	$0	$31,051	$361,524
Ronald J Tallarida	Dep. Executive Director-RU FDN	1.0	Officer	$0	$31,461	$206,121

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
2018	$183,589	$1,721,985	No data	$-1,538,396