ALABAMA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS (EIN 237152908) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

Farrell Seymore

Phone

3342653610

Tax Period

2024-07-01 to 2025-06-30

ALABAMA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS, founded in 1987, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To facilitate positive educational leadership

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,365

Program Service Revenue $176,584

Investment Income $819

Other Revenue $19,045

TOTAL REVENUE $277,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,157

Fundraising Expenses $0

Program Expenses $206,240

Other Expenses $183,349

TOTAL EXPENSES $237,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$277,813	$154,143	+0.8%
Expenses	$237,506	$209,003	+0.1%
Net Income	$40,307	$-54,860	-1.7%

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

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
Antjuan Marsh	CLAS Director	0.00	Director	$0	$0	$0
Benny Shellhouse	CLAS Director	0.00	Director	$0	$0	$0
Bobby Tittle	Past President	0.00	Director	$0	$0	$0
Carrie Busby	CLAS Director	0.00	Director	$0	$0	$0
Daniel Barrentine	District Pres	0.00	Director	$0	$0	$0
Darrell Hudson	District Pres	0.00	Director	$0	$0	$0
David Diaz	CLAS Director	0.00	Director	$0	$0	$0
David Sikes	AASSP Vice Pres	0.00	Officer Director	$0	$0	$0
Drew Glass	CLAS Director	0.00	Director	$0	$0	$0
Jeff Cole	Vice President Elect	0.00	Director	$0	$0	$0
Karen Clem	ASCA BOARD	0.00	Officer Director	$0	$0	$0
Katrina Akers	Asst. Ex Dir	10.00	Officer Director	$0	$0	$0
Elizabeth Antoine	AP of the Year	0.00	Director	$0	$0	$0
Melanie Turner	ASCA BOARD	0.00	Director	$0	$0	$0
Rashad Stallworth	District Pres	0.00	Director	$0	$0	$0
Roderick Sheppard	NASSP Coordinator	0.00	Director	$0	$0	$0
Seth Taylor	President	0.00	Officer Director	$0	$0	$0
Terina Gantt	President Elect	0.00	Director	$0	$0	$0
Thomas Jones	District Pres	0.00	Director	$0	$0	$0
Vic Wilson	CLAS ED	1.00	Officer Director	$0	$0	$0
Williams Jones	ASCA BOARD	0.00	Director	$0	$0	$0
Willie Moore	President	0.00	Officer Director	$0	$0	$0
Harland Glass	CLAS Director	0.00	Director	$0	$0	$0
Resia Brooks	CLAS Director	0.00	Director	$0	$0	$0
Kyle Futral	District Pres	0.00	Director	$0	$0	$0
Scott Jones	District Pres	0.00	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	$277,813	$237,506	$105,583	$40,307
2024	$154,143	$209,003	$65,276	$-54,860
2023	$234,666	$191,522	$120,136	$43,144
2022	$176,402	$241,167	$76,992	$-64,765
2021	$185,243	$212,004	$141,756	$-26,761
2020	$152,090	$179,000	$168,517	$-26,910
2019	$213,435	$215,407	$195,427	$-1,972
2018	$223,050	$223,929	$197,399	$-879

ALABAMA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS