CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LANE TECH ALUMNI ASSOCIATION INC, founded in 1986, is a small nonprofit that reported $453K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $421K left a modest 7% surplus.
TO CHAMPION THE LIFE-LONG RELATIONSHIP OF LANE TECH GRADUATES TO THEIR ALMA MATER, TO ONE ANOTHER, AND TO THE GREATER COMMUNITY OF LANE TECH. THE LANE TECH ALUMNI ASSOCIATION WILL SET THE GOLD STANDARD FOR A DYNAMIC, INTERGENERATIONAL ALUMNI ORGANIZATION AFFILATED WITH AN URBAN, PUBLIC HIGH SCHOOL, THE LANE TECH ALUMNI ASSOCIATION PROVIDESEXCEPTIONAL MEMBER SERVICES AND IMPACTFUL PHILANTHROPIC PROGRAMS THAT CREATE MEANINGFUL CONNECTIONS, CELEBRATE THE SCHOOL'S HISTORY AND CULTURE, AND SUPPORT LIFE-LONG LEARNING.
FOR THIRTY-NINE YEARS, THE LTAA SCHOLARSHIP PROGRAM HAS REMAINED THE HALLMARK PHILANTHROPIC INITIATIVE FOR THE LTAA WITH A CUMULATIVE TOTAL OF MORE THAN 3.4 MILLION DOLLARS ADMINISTERED OVER THE...
FOR THIRTY-NINE YEARS, THE LTAA SCHOLARSHIP PROGRAM HAS REMAINED THE HALLMARK PHILANTHROPIC INITIATIVE FOR THE LTAA WITH A CUMULATIVE TOTAL OF MORE THAN 3.4 MILLION DOLLARS ADMINISTERED OVER THE LIFESPAN OF THE PROGRAM. IN FY25, THIRTY-NINE GRADUATING SENIORS RECEIVED SCHOLARSHIPS RANGING FROM $1,000 TO $10,000, SETTING THEM ON A PATH FOR SUCCESS FOR AT LEAST THEIR FRESHMAN YEAR, AND IN SOME CASES, FOR FOUR YEARS. 36% OF THE STUDENTS AT LANE TECH ARE FROM LOW OR MODERATELY LOW-INCOME FAMILIES. MANY ARE FROM IMMIGRANT FAMILIES, SINGLE PARENT HOMES, FIRST GENERATION COLLEGE-BOUND, AND ALL HAVE SOME LEVEL OF FINANCIAL NEED, STILL COMPOUNDED BY COVID-RELATED ECONOMIC STRESSORS. LTAA SCHOLARSHIPS PROVIDE "LAST MILE" FINANCING SO THAT THE HIGH-POTENTIAL STUDENTS OF LANE CAN ATTEND THEIR BEST-FIT INSTITUTIONS. THE LTAA SOLICITS SCHOLARSHIP DONORS, DESIGNS AND ADMINISTERS THE PROGRAMS, DISTRIBUTES FUNDS, AND DOCUMENTS THE RESULTS.
THE LTAA FACULTY INNOVATION GRANT PROGRAM WAS ESTABLISHED IN 2010 TO OFFSET SYSTEM-WIDE BUDGET DEFICIENCIES AND PROMOTE A BEST-IN-CLASS CURRICULUM. THESE GRANTS HELP ELEVATE THE RIGOR AND CALIBER OF...
THE LTAA FACULTY INNOVATION GRANT PROGRAM WAS ESTABLISHED IN 2010 TO OFFSET SYSTEM-WIDE BUDGET DEFICIENCIES AND PROMOTE A BEST-IN-CLASS CURRICULUM. THESE GRANTS HELP ELEVATE THE RIGOR AND CALIBER OF LEARNING AT LANE AND HAVE SUPPORTED A VARIETY OF ACTIVITIES FROM SPECIAL EQUIPMENT TO IMMERSIVE EXPERIENCES. THESE GRANTS TOUCH VIRTUALLY EVERY ONE OF THE MORE THAN 4,500 STUDENTS AT LANE AND ENABLE THE FACULTY AND STAFF TO OFFER MORE PROGRAMS AND EXTRACURRICULAR ACTIVITIES THAN ANY OTHER CPS HIGH SCHOOL. THE GRANT PROGRAM IS A CRITICAL COMPONENT OF A HOLISTIC APPROACH IN SUPPORT OF THE STUDENTS OF LANE TECH THROUGH EDUCATIONAL ENHANCEMENTS, COLLEGE-READINESS, AND ACCESS TO HIGHER EDUCATION.
CONNECTING PEOPLE AND COMMUNITY-BUILDING IS A PRIMARY FOCUS OF THE LTAA. CONSTITUENT GROUPS INCLUDE OVER 9,000 ALUMNI, 4,500 STUDENTS AND 350 FACULTY AND STAFF, AS WELL AS AFFINITY GROUPS, NEIGHBORS...
CONNECTING PEOPLE AND COMMUNITY-BUILDING IS A PRIMARY FOCUS OF THE LTAA. CONSTITUENT GROUPS INCLUDE OVER 9,000 ALUMNI, 4,500 STUDENTS AND 350 FACULTY AND STAFF, AS WELL AS AFFINITY GROUPS, NEIGHBORS AND FRIENDS. THE LTAA PUBLISHES A BIANNUAL MAGAZINE THAT REACHES MORE THAN 4,000 READERS, AND A DIGITAL NEWSLETTER TWO TIMES PER MONTH. THE LTAA ENGAGES VARIOUS SOCIAL MEDIA PLATFORMS WITH A COMBINED 20,000 FOLLOWERS, AND TRACKS HUNDREDS OF THOUSANDS OF IMPRESSIONS, THE LTAA CONTINUES TO RELY ON TECHNOLOGY TO BRING CONSTITUENTS TOGETHER VIA VIRTUAL EVENTS, AND MANAGES A PORTFOLIO OF IN-PERSON EVENTS IN CHICAGO AND BEYOND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $452,743 | $368,031 | +0.2% |
| Expenses | $421,012 | $375,618 | +0.1% |
| Net Income | $31,731 | $-7,587 | -5.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEIDRE BAUMANN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HERB BERG | BOARD PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT BLASSICK | BOARD TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAY GIESE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SCOTT GIRARD | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CORY GUNDERSON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LUIS JIMENEZ | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOE LAWNICZAK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANNE LEE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TOD MCELHANEY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOANNA PEREZ | BOARD SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA REARDON HENRY | BOARD VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE SULZEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARION SYNOWIEC | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BRENDA TROCIO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $452,743 | $421,012 | $993,464 | $31,731 |
| 2024 | No data | No data | No data | No data |
| 2023 | $374,877 | $325,019 | $961,002 | $49,858 |
| 2022 | $402,413 | $318,677 | $900,336 | $83,736 |
| 2021 | $228,668 | $218,873 | $805,795 | $9,795 |
| 2020 | $233,962 | $242,655 | $831,252 | $-8,693 |
| 2019 | $252,254 | $256,023 | $776,662 | $-3,769 |
| 2018 | $244,879 | $303,750 | $780,128 | $-58,871 |
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