FAYETTEVILLE STATE UNIVERSITY NATIONAL ALUMNI ASSOCIATION (EIN 237414900) - 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

1961

Legal Domicile

Principal Officer

LINDA COLEY

Phone

9106721468

Tax Period

2024-07-01 to 2025-06-30

FAYETTEVILLE STATE UNIVERSITY NATIONAL ALUMNI ASSOCIATION, founded in 1961, is a small nonprofit in the Education sector that reported $185K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 56% operating margin.

Mission

TO ENCOURAGE CONTINUED SUPPORT OF FAYETTEVILLE STATE UNIVERSITY AND ITS ACTIVITIES BY ITS ALUMNI, FOR THE PURPOSE OF PROVIDING BETTER EDUCATION, FACILITIES, AND SOCIAL WELL-BEING FOR FUTURE UNIVERSITY STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $78,534

Program Service Revenue $0

Investment Income $0

Other Revenue $106,385

TOTAL REVENUE $184,919

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $0

Fundraising Expenses $7,262

Program Expenses $61,918

Other Expenses $41,833

TOTAL EXPENSES $81,833

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,919	$124,706	+0.5%
Expenses	$81,833	$249,274	-0.7%
Net Income	$103,086	$-124,568	-1.8%

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
LINDA COLEY	PRESIDENT	10.00	Officer Director	$0	$0	$0
MICHAEL RANDALL	1ST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DR AJANAL HAMER CARROL	2ND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LERON MONTGOMERY	TREASURER	5.00	Officer Director	$0	$0	$0
SYNETHRIS NETTLES	FINANCIAL SECRETARY	5.00	Officer Director	$0	$0	$0
LOLITA BURNEY	RECORDING SECRETARY	5.00	Officer Director	$0	$0	$0
LINDA SMITH	ASST. RECORDING SECRETARY	5.00	Officer 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	$184,919	$81,833	$207,779	$103,086
2024	$124,706	$249,274	$103,193	$-124,568
2023	$117,160	$68,431	$227,761	$48,729
2022	$95,881	$47,380	$179,032	$48,501
2021	$82,221	$33,007	$130,531	$49,214
2020	$64,507	$37,390	$81,317	$27,117
2019	$46,688	$52,707	$54,200	$-6,019

FAYETTEVILLE STATE UNIVERSITY NATIONAL ALUMNI ASSOCIATION