LAUREL ALUMNI ASSOCIATION INC

EIN: 510328825

LAUREL, DE

Total Revenue
$5,457
Total Expenses
$1,026
Total Assets
$34,652
Net Assets
$34,652
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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

Legal Domicile
DE
Principal Officer
HOPE M LARSON
Phone
3028460636
Tax Period
2024-07-01 to 2025-06-30

LAUREL ALUMNI ASSOCIATION INC is a micro nonprofit that reported $5K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 81% operating margin.

Mission

SCHOOL ALUMNI ASSOCIATION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,081
Investment Income $928
Other Revenue $2,448
TOTAL REVENUE $5,457

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,026
TOTAL EXPENSES $1,026

Year-over-Year Comparison

2024 2023 Change
Revenue $5,457 $3,295 +0.7%
Expenses $1,026 $419 +1.4%
Net Income $4,431 $2,876 +0.5%
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

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Governance

Voting Members
20
Independent Members
20
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOPE M LARSON PRESIDENT N/A
Officer
$0 $0 $0
STACY S CROSS 1ST VICE PRE N/A
Officer
$0 $0 $0
GARY OWENS REC SECRETA N/A
Officer
$0 $0 $0
JANET MORGAN COR SECRETAR N/A
Officer
$0 $0 $0
ELLEN HEARN TREASURER-GE N/A
Officer
$0 $0 $0
E STEPHEN CALLAWAY TREASURER-SC N/A
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 $5,457 $1,026 $34,652 $4,431
2024 $3,295 $419 $30,221 $2,876
2023 $3,497 $996 $27,345 $2,501
2022 $4,021 $3,067 $24,844 $954
2021 $1,051 $1,203 $23,890 $-152
2020 $2,606 $2,932 $24,042 $-326
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