LANE TECH ALUMNI ASSOCIATION INC (EIN 363450898) - 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

1986

Legal Domicile

Principal Officer

HERB BERG

Phone

7739359351

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

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.

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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 $408,061

Program Service Revenue $0

Investment Income $40,822

Other Revenue $3,860

TOTAL REVENUE $452,743

Expense Breakdown

Grants Paid $247,915

Salaries & Benefits $82,443

Fundraising Expenses $11,660

Program Expenses $333,271

Other Expenses $90,654

TOTAL EXPENSES $421,012

Year-over-Year Comparison

	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%

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

Volunteers

131

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
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

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	$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

LANE TECH ALUMNI ASSOCIATION INC