CALVIN UNIVERSITY ALUMNI ASSOCIATI… - Form 990 Financial Data

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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

1907

Legal Domicile

Principal Officer

JEFFREY HAVERDINK

Phone

6165266142

Tax Period

2023-07-01 to 2024-06-30

CALVIN UNIVERSITY ALUMNI ASSOCIATION, founded in 1907, is a small nonprofit in the Education sector that reported $330K in total revenue in fiscal year 2023.

Mission

THE CALVIN ALUMNI ASSOCIATION CONNECTS ALUMNI, STRENGTHENS THE UNIVERSITY, AND INSPIRES ALUMNI TO ANSWER GOD'S CALL.

Program Service Accomplishments

Program 1

Expenses: $204,921 Revenue: $0

EDUCATION INSTITUTIONS AND RELATED ACTIVITIES: THE ALUMNI ASSOCIATION PRODUCES AND DISTRIBUTES THE SPARK MAGAZINE TO ALUMNI HOMES WORLDWIDE TO KEEP ALUMNI AND FRIENDS UP TO DATE ON UNIVERSITY NEWS...

EDUCATION INSTITUTIONS AND RELATED ACTIVITIES: THE ALUMNI ASSOCIATION PRODUCES AND DISTRIBUTES THE SPARK MAGAZINE TO ALUMNI HOMES WORLDWIDE TO KEEP ALUMNI AND FRIENDS UP TO DATE ON UNIVERSITY NEWS, ALUMNI PROGRAMS, AND THE ACHIEVMENTS OF FORMER CALVIN STUDENTS. THE SPARK IS SENT TO ALL ALUMNI REGARDLESS OF SUPPORT.

Program 2

Expenses: $54,039 Revenue: $1,950

EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES: THE ALUMNI CHOIR PERFORMS IN CONCERTS, PROVIDES A MINISTRY OF MUSIC IN CHURCH WORSHIP SERVICES, AND ENGAGES IN OTHER PERFORMANCE OPPORTUNITIES

Program 3

Expenses: $25,626 Revenue: $14,393

EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES: THE ALUMNI ASSOCIATION SPONSORS A VARIETY OF EVENTS IN ITS REGIONAL ALUMNI NETWORKS, INCLUDING VISITS FROM CALVIN ADMINISTRATORS, TALKS BY LOCAL...

EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES: THE ALUMNI ASSOCIATION SPONSORS A VARIETY OF EVENTS IN ITS REGIONAL ALUMNI NETWORKS, INCLUDING VISITS FROM CALVIN ADMINISTRATORS, TALKS BY LOCAL ALUMNI EXPERTS, CAREER NETWORKING EVENTS, GROUP VISITS TO LOCAL ATTRACTIONS, AND OTHER ACTIVITIES THAT BUILD CONNECTIONS AMONG ALUMNI AND FROM ALUMNI TO THE INSTITUTION

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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 (2023)

Revenue Breakdown

Contributions & Grants $312,464

Program Service Revenue $16,343

Investment Income $0

Other Revenue $1,187

TOTAL REVENUE $329,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $284,586

Other Expenses $352,327

TOTAL EXPENSES $352,327

Year-over-Year Comparison

	2023	2022	Change
Revenue	$329,994	$334,090	0.0%
Expenses	$352,327	$264,024	+0.3%
Net Income	$-22,333	$70,066	-1.3%

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
TYLER AMIDON	PRESIDENT	3.00	Officer Director	$0	$0	$0
STEPHANIE VOGELZANG	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
KAREN ZWART HIELEMA	SECRETARY	3.00	Officer Director	$0	$0	$0
ADAM KINDER	TREASURER	3.00	Officer Director	$0	$0	$0
JERRY COOPER	BOARD MEMBER	2.00	Director	$0	$0	$0
CARLA HIEMSTRA	BOARD MEMBER	2.00	Director	$0	$0	$0
DALE KAEMINGK	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH ALLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
KATHLEEN KLAASEN	BOARD MEMBER	2.00	Director	$0	$0	$0
MAXINE MOSLEY-TOTOE	BOARD MEMBER	2.00	Director	$0	$0	$0
JONATHAN MARCUS	BOARD MEMBER	2.00	Director	$0	$0	$0
JANORISE ROBINSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ERICKO YULIANTO	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY JENINGA	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIEZER YEONG	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHANNA ZANDSTRA	BOARD MEMBER	2.00	Director	$0	$0	$0
MINWOO HEO	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFFREY HAVERDINK	EXECUTIVE DIRECTOR	20.00	Officer	$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	No data	No data
2024	$329,994	$352,327	$446,913	$-22,333
2023	$334,090	$264,024	$469,246	$70,066
2022	$333,456	$305,655	$399,180	$27,801
2021	$314,448	$248,059	$371,379	$66,389
2018	$422,448	$383,809	$244,321	$38,639

CALVIN UNIVERSITY ALUMNI ASSOCIATION