WILLARD ALUMNAE ASSOCIATION INC

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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

1962

Legal Domicile

Principal Officer

JUDY EICHER

Phone

4028909883

Tax Period

2023-07-01 to 2024-06-30

WILLARD ALUMNAE ASSOCIATION INC, founded in 1962, is a small nonprofit that reported $301K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $289K left a modest 4% surplus.

Mission

FRATERNAL ORGANIZATION FOR SORORITY MEMBERS

Program Service Accomplishments

Program 1

MEMBERSHIP HOUSING FOR SORORITY MEMBERS DURING EDUCATION AT THE NEBRASKA WESLEYAN UNIVERSITY

Program 2

SORORITY AND SOCIAL EVENTS, INCLUDING CHARITABLE PHILANTHROPIC ACTIVITIES

Program 3

VARIOUS ACTIVITIES FOR EDUCATIONAL AND SOCIAL GROWTH OF SORORITY MEMBERS

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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 $75,334

Program Service Revenue $224,495

Investment Income $1,183

Other Revenue $0

TOTAL REVENUE $301,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,343

Fundraising Expenses $0

Other Expenses $251,381

TOTAL EXPENSES $288,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,012	$244,063	+0.2%
Expenses	$288,724	$271,894	+0.1%
Net Income	$12,288	$-27,831	-1.4%

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

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
CINDY BOSS	DIRECTOR	N/A	Director	$0	$0	$0
BECKY BOWMASTER	DIRECTOR	N/A	Director	$0	$0	$0
JUDY EICHER	TREASURER	N/A	Officer Director	$0	$0	$0
NORA HINRICHS	PRESIDENT	N/A	Officer Director	$0	$0	$0
ALYSON KUEHN	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE MORSE	DIRECTOR	N/A	Director	$0	$0	$0
MACKENZIE NAVRATIL SCHMIDT	DIRECTOR	N/A	Director	$0	$0	$0
MISSY DAVIS SCHMIDT	DIRECTOR	N/A	Director	$0	$0	$0
AMY SEILER	VICE-PRES	N/A	Officer Director	$0	$0	$0
KAREN VOGEL	DIRECTOR	N/A	Director	$0	$0	$0
KAY WENZL	DIRECTOR	N/A	Director	$0	$0	$0
PAIGE WERGIN	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$301,012	$288,724	$497,779	$12,288
2023	$244,063	$271,894	$486,744	$-27,831
2022	$209,079	$248,983	$515,974	$-39,904
2021	$248,271	$226,365	$558,986	$21,906
2020	$294,733	$271,629	$539,208	$23,104
2019	$281,228	$279,175	$525,728	$2,053