ASSOCIATION FOR SOCIAL ECONOMICS

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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

2011

Legal Domicile

Principal Officer

JOHN WOODWARD

Phone

8022757555

Tax Period

2025-01-01 to 2025-12-31

ASSOCIATION FOR SOCIAL ECONOMICS, founded in 2011, is a small nonprofit that reported $112K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $36K, a strong 32% operating margin.

Mission

ACADEMIC ASSOCIATION FOR THE STUDY OF SOCIAL ECONOMICS

Program Service Accomplishments

Program 1

Expenses: $75,784 Revenue: $112,446

ORGANIZE SESSIONS AT CONFERENCE AND SETTING THE CONFERENCE UP INCLUDING SPONSORING GRADUATE STUDENT TO ATTEND AND PARTICIPATE BY PRESENTING PAPERS EACH YEAR. ASE AWARDS, GRANTS FOR SCHOLARS DOING...

ORGANIZE SESSIONS AT CONFERENCE AND SETTING THE CONFERENCE UP INCLUDING SPONSORING GRADUATE STUDENT TO ATTEND AND PARTICIPATE BY PRESENTING PAPERS EACH YEAR. ASE AWARDS, GRANTS FOR SCHOLARS DOING RESEARCH IN SOCIAL ECONOMICS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $5,260

Program Service Revenue $89,684

Investment Income $17,502

Other Revenue $0

TOTAL REVENUE $112,446

Expense Breakdown

Grants Paid $9,575

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,784

Other Expenses $67,167

TOTAL EXPENSES $76,742

Year-over-Year Comparison

	2025	2024	Change
Revenue	$112,446	$125,933	-0.1%
Expenses	$76,742	$104,377	-0.3%
Net Income	$35,704	$21,556	+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

N/A

Independent Members

N/A

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

$16,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROJHAT AVSAR	ASSOCIATE DIRECTOR	10.0	Officer	$12,600	$0	$12,600
JOHN R WOODWARD	TREASURER	10.0	Officer	$4,250	$0	$4,250
BELINDA ROMAN	PRESIDENT	10.0	Officer	$0	$0	$0
ANITA PENA	VICE PRESIDENT	10.0	Officer	$0	$0	$0
TRACY L FREIBERG	PROGRAM DIRECTOR	10.0	Officer	$0	$0	$0
FARIDA KHAN	PRESIDENT ELECT	10.0	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	$112,446	$76,742	$611,515	$35,704
2024	$125,933	$104,377	$575,811	$21,556
2023	$99,078	$41,869	$554,255	$57,209