PURDUE ALUMNI ASSOCIATION INC

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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

1878

Legal Domicile

Principal Officer

DANITA RODIBAUGH

Phone

7654940507

Tax Period

2024-07-01 to 2025-06-30

PURDUE ALUMNI ASSOCIATION INC, founded in 1878, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE THE WELFARE OF PURDUE UNIVERSITY AND TO ENCOURAGE THE INTEREST OF ALUMNI IN THE UNIVERSITY AND EACH OTHER.

Program Service Accomplishments

Program 1

Expenses: $2,310,110 Revenue: $316,934

IN SUPPORT OF ITS MISSION, PAA ENTERED INTO AN AGREEMENT WITH PURDUE FOR LIFE FOUNDATION (PFLF) TO CARRY OUT A BROAD MENU OF ACTIVITIES TARGETING ALUMNI ENGAGEMENT, SUCH AS THE ALUMNUS MAGAZINE...

IN SUPPORT OF ITS MISSION, PAA ENTERED INTO AN AGREEMENT WITH PURDUE FOR LIFE FOUNDATION (PFLF) TO CARRY OUT A BROAD MENU OF ACTIVITIES TARGETING ALUMNI ENGAGEMENT, SUCH AS THE ALUMNUS MAGAZINE, MAINTAINING A DATABASE OF ALUMNI BIOGRAPHICAL INFORMATION, FUNDING ALUMNI AFFINITY GROUPS, ETC. DESIGNED TO CONNECT ALUMNI TO THE UNIVERSITY AND TO EACH OTHER.

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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 $429,755

Program Service Revenue $316,934

Investment Income $1,377,104

Other Revenue $13,278

TOTAL REVENUE $2,137,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,310,110

Other Expenses $2,390,944

TOTAL EXPENSES $2,390,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,137,071	$2,305,503	-0.1%
Expenses	$2,390,944	$3,199,745	-0.3%
Net Income	$-253,873	$-894,242	-0.7%

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
JUSTIN BAITZ	CURRENT TREA	1.00	Officer Director	$0	$0	$0
BETH BOSTWICK	DIRECTOR	1.00	Director	$0	$0	$0
CLAYTON VANE	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HANNAS CRABTREE	DIRECTOR	1.00	Director	$0	$0	$0
MARK DEFABIS	DIRECTOR	1.00	Director	$0	$0	$0
DREW GARRETSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GLASS III	CHAIRMAN OF	1.00	Officer Director	$0	$0	$0
SETH HARDEN	DIRECTOR	1.00	Director	$0	$0	$0
FELICIA HARDY	DIRECTOR	1.00	Director	$0	$0	$0
KARISSA DONNOE HODSON	DIRECTOR	1.00	Director	$0	$0	$0
RYAN KAY	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
ALLISON MANIFOLD	DIRECTOR	1.00	Director	$0	$0	$0
JIM OVERMAN	DIRECTOR	1.00	Director	$0	$0	$0
DANITA RODIBAUGH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEN SAM	PAST CHAIRMA	1.00	Officer Director	$0	$0	$0
JON SIMPSON	LDNC CHAIRMA	1.00	Officer Director	$0	$0	$0
NICHOLAS SPREECHER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN THURMAN	DIRECTOR	1.00	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	No data	No data	$36,119,797	No data
2025	$2,137,071	$2,390,944	$37,309,644	$-253,873
2024	$2,305,503	$3,199,745	$36,119,797	$-894,242
2023	$2,496,448	$2,498,464	$35,353,070	$-2,016
2022	$3,390,806	$2,126,276	$36,003,037	$1,264,530
2021	$3,619,102	$3,397,643	$36,029,758	$221,459
2020	$5,513,832	$6,252,858	$28,454,716	$-739,026
2019	$4,924,298	$6,793,837	$30,925,235	$-1,869,539
2018	$4,856,358	$6,437,019	$32,601,694	$-1,580,661