ST CLOUD STATE UNIVERSITY ALUMNI A… - 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

1975

Legal Domicile

Principal Officer

MARK PARSONS

Phone

3203083177

Tax Period

2024-07-01 to 2025-06-30

ST CLOUD STATE UNIVERSITY ALUMNI ASSOCIATION, founded in 1975, is a micro nonprofit in the Education sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE ALUMNI ASSOCIATION MISSION IS TO BUILD AND SUSTAIN LIFELONG RELATIONSHIPS BETWEEN ST. CLOUD STATE UNIVERSITY AND ITS ALUMNI, STUDENTS, AND FRIENDS BY PROMOTING THE MUTUAL SUCCESS OF ITS MEMBERS AND THE UNIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

FUND SMALL EVENTS FOR TARGETED GROUPS OF ALUMNI, ASSIST PROGRAMS AND DEPARTMENTS IN ALUMNI OUTREACH, PROVIDE SMALLER OPPORTUNITIES FOR CURRENT STUDENTS AND ALUMNI TO INTERACT. INCLUDES ALL OTHER...

FUND SMALL EVENTS FOR TARGETED GROUPS OF ALUMNI, ASSIST PROGRAMS AND DEPARTMENTS IN ALUMNI OUTREACH, PROVIDE SMALLER OPPORTUNITIES FOR CURRENT STUDENTS AND ALUMNI TO INTERACT. INCLUDES ALL OTHER PROGRAM EXPENSES NOT LISTED BELOW. APPROXIMATELY 550 STUDENTS AND ALUMNI IN VARIOUS EVENTS. THE LANDSCAPE FOR ALUMNI EVENTS IN FY25 REMAINED UNCHANGED FROM THE PREVIOUS YEAR.

Program 2

Expenses: $1,009 Revenue: $0

MINNESOTA STUDENT/ALUMNI EVENTS-THE ASSOCIATION HELPS ORGANIZE EVENTS IN THE STATE OF MINNESOTA FOR ALUMNI AND STUDENTS TO ENCOURAGE NETWORKING AND CONTINUED CONNECTION TO SCSU, EVENTS INCLUDE BUT IS NOT LIMITED TO HOMECOMING ACTIVITIES, ALUMNI AWARDS RECOGNITION AT AN EVENING EVENT AS WELL AS DURING A MEN'S HOCKEY GAME, AND COMMENCEMENT EVENTS. HOMECOMING ACTIVITIES WERE OPEN TO THE METROPOLITAN COMMUNITY AT LARGE WHICH NUMBERS ALMOST 200,000.

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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 $95

Program Service Revenue $0

Investment Income $0

Other Revenue $3,509

TOTAL REVENUE $3,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,009

Other Expenses $4,507

TOTAL EXPENSES $4,507

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,604	$209,881	-1.0%
Expenses	$4,507	$210,959	-1.0%
Net Income	$-903	$-1,078	-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

100

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

$377,205

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIN HEGLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
NICHOLAS J ANDRESEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDY GASPERLIN	TREASURER	2.00	Officer Director	$0	$0	$0
KATIE SCHNIDER	SECRETARY	2.00	Officer Director	$0	$0	$0
MARISA ADLER VETTE	DIRECTOR	1.00	Director	$0	$0	$0
PETER BAROTT	DIRECTOR	1.00	Director	$0	$0	$0
NICK BOVEE-GAZETT	DIRECTOR	1.00	Director	$0	$0	$0
CASSIE KLEVEN	DIRECTOR	1.00	Director	$0	$0	$0
EMMANUEL OPPONG	DIRECTOR	1.00	Director	$0	$0	$0
PAUL PONCIN	DIRECTOR	1.00	Director	$0	$0	$0
ANIL SHAH	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA THIEBAUT	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS KATONA	EXECUTIVE DIRECTOR	40.00	Officer	$206,791	$32,020	$238,811
CONNIE ROBINSON	DIRECTOR OF FINANCE	40.00	Officer	$105,344	$33,050	$138,394

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	$3,604	$4,507	$118,683	$-903
2024	$209,881	$210,959	$119,584	$-1,078
2023	$178,590	$191,551	$120,662	$-12,961
2022	$184,187	$216,739	$133,623	$-32,552
2021	$255,578	$258,084	$166,175	$-2,506
2020	$267,540	$279,858	$168,681	$-12,318
2019	$298,279	$253,749	$180,999	$44,530
2018	$224,826	$259,883	$136,469	$-35,057

ST CLOUD STATE UNIVERSITY ALUMNI ASSOCIATION