AMERICAN INSTITUTE OF BUSINESS

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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

1921

Legal Domicile

Principal Officer

NANCY WILLIAMS

Phone

5155544404

Tax Period

2019-09-01 to 2020-08-31

AMERICAN INSTITUTE OF BUSINESS, founded in 1921, is a micro nonprofit that reported $12K in total revenue in fiscal year 2019. Revenue surged 257% from the prior year, signaling strong growth momentum. Expenses of $106K exceeded revenue, resulting in a 804% operating deficit.

Mission

PROVIDE ASSOCIATE AND BACHELOR DEGREES AND DIPLOMA COURSES OF STUDY FOR STUDENTS SEEKING CAREERS IN BUSINESS.

Program Service Accomplishments

Program 1

Expenses: $0

EFFECTIVE JUNE 30, 2016 AMERICAN INSTITUTE OF BUSINESS CEASED OPERATIONS PURSUANT TO THE TERMS OF A GIFT AGREEMENT DATED OCTOBER 30, 2015 WITH THE UNIVERSITY OF IOWA. IN WINDING DOWN THE OPERATIONS THERE ARE EXPENSES RELATED TO THE SERVICES AMERICAN INSTITUTE OF BUSINESS PROVIDED TO STUDENTS AS PART OF THEIR ACCREDITED EDUCATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $11,700

Other Revenue $0

TOTAL REVENUE $11,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,333

Fundraising Expenses $0

Other Expenses $22,393

TOTAL EXPENSES $105,726

Year-over-Year Comparison

	2019	2018	Change
Revenue	$11,700	$3,274	+2.6%
Expenses	$105,726	$115,810	-0.1%
Net Income	$-94,026	$-112,536	-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

N/A

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

$83,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS COSTA	TRUSTEE	0.00	Director	$0	$0	$0
PAUL BROWN	TRUSTEE	0.00	Director	$0	$0	$0
RANDY FORBURGER	TRUSTEE	0.00	Director	$0	$0	$0
NANCY WILLIAMS	PRESIDENT	40.00	Officer	$83,333	$0	$83,333

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
2020	$11,700	$105,726	$1,059,884	$-94,026
2019	$3,274	$115,810	$1,153,910	$-112,536
2018	$3,858	$139,507	$1,266,446	$-135,649