ALPHA ZETA FOUNDATION INC (EIN 311110069) - 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

1984

Legal Domicile

Principal Officer

Ole Meland

Phone

6364495090

Tax Period

2022-10-01 to 2023-09-30

ALPHA ZETA FOUNDATION INC, founded in 1984, is a micro nonprofit that reported $29K in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $34K exceeded revenue, resulting in a 19% operating deficit.

Mission

Promotion of agricultural education at institutions of higher learning.

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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 (2022)

Revenue Breakdown

Contributions & Grants $13,333

Program Service Revenue $0

Investment Income $13,585

Other Revenue $1,940

TOTAL REVENUE $28,858

Expense Breakdown

Grants Paid $28,350

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,350

Other Expenses $6,104

TOTAL EXPENSES $34,454

Year-over-Year Comparison

	2022	2021	Change
Revenue	$28,858	$25,640	+0.1%
Expenses	$34,454	$30,398	+0.1%
Net Income	$-5,596	$-4,758	+0.2%

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
Ole Meland	President	2	Officer Director	$0	$0	$0
Todd Higgins	Vice President	2	Officer Director	$0	$0	$0
Weston McCorkle	Secretary/Treasurer	2	Officer Director	$0	$0	$0
Ricki Schroeder	Director	2	Director	$0	$0	$0
Taylor Noyes	Director	2	Director	$0	$0	$0
George Stack	Director	2	Director	$0	$0	$0
Catherine Johnson	Director	2	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
2024	No data	No data	No data	No data
2023	$28,858	$34,454	$644,864	$-5,596
2022	$25,640	$30,398	$557,677	$-4,758
2021	$36,186	$33,721	$665,241	$2,465
2020	$26,418	$28,425	$560,710	$-2,007
2019	$46,471	$39,256	$573,790	$7,215
2018	$46,112	$51,830	$584,297	$-5,718

ALPHA ZETA FOUNDATION INC