Howard University Medical Alumni A… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Phone

2028032989

Tax Period

2023-07-01 to 2024-06-30

Howard University Medical Alumni Association, founded in 1945, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 8% surplus.

Mission

Howard University's Medical Alumni Associaion's mission is to support and promote the mutual professional interests of the graduates of the Howard University College of Medicine HUCM to promote the maintenance of high standards of medical education and practice to assist in the further development of the HUCM and its programs to support the welfare of HUCM students and to perpetuate and augment fellowship among colleagues.

Program Service Accomplishments

Program 1

Expenses: $302,379 Revenue: $308,946

The HUMAA Scholarship program is one of the organizations primary programs. For the year, we have been able to provide 101 scholarships to Howard University Medical Alumni students in the amount of...

Program 2

Expenses: $158,744 Revenue: $97,138

The Howard University Medical Alumni Association's Reunion allows members of the organization to reconnnect as well as fundraising activty for members to donate to scholarship funds and provide...

The Howard University Medical Alumni Association's Reunion allows members of the organization to reconnnect as well as fundraising activty for members to donate to scholarship funds and provide unrestricted contributions to support the organizations operations.

Program 3

Expenses: $30,345 Revenue: $550

The 1871 Club, is a program in honor of the founding year of the Organization. The program receives support for Alumna to benefit general operations of the organization.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $636,248

Program Service Revenue $314,646

Investment Income $152,679

Other Revenue $0

TOTAL REVENUE $1,103,573

Expense Breakdown

Grants Paid $462,391

Salaries & Benefits $324,428

Fundraising Expenses $66,051

Program Expenses $492,736

Other Expenses $229,402

TOTAL EXPENSES $1,016,221

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,103,573	$927,079	+0.2%
Expenses	$1,016,221	$957,047	+0.1%
Net Income	$87,352	$-29,968	-3.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$114,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN TITLEBAUM	Executive Dir.	40.00	Officer	$114,800	$0	$114,800
KATHRYN GARRETT KELLY	President	0.50	Officer Director	$0	$0	$0
ANNETTE BEY SHAW MD	Vice President	0.50	Officer Director	$0	$0	$0
SHARON DEANS	Trustee	0.50	Director	$0	$0	$0
AMY NGUYEN HOWELL	Trustee	0.50	Director	$0	$0	$0
EDWARD LAM	Trustee	0.50	Director	$0	$0	$0
KANISHA L HALL	Secretary	0.50	Director	$0	$0	$0
KEITH A HUNTER	Treasurer	0.50	Director	$0	$0	$0
JORDAN WILLIAMS	Trustee	0.50	Director	$0	$0	$0
JACQUELINE BERRY	Trustee	0.50	Director	$0	$0	$0
HECTOR KNOX JR	Trustee	0.50	Director	$0	$0	$0
NORMAN MILLER	Trustee	0.50	Director	$0	$0	$0
STEPHEN SEABRON	Trustee	0.50	Director	$0	$0	$0
TIFFANY WILSON	Trustee	0.50	Director	$0	$0	$0
WILLIAM L DOSS III MD	Trustee	0.00	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
2024	$1,103,573	$1,016,221	$7,083,452	$87,352
2020	$644,575	$574,564	$6,250,169	$70,011
2019	$1,232,114	$710,992	$6,439,537	$521,122

Howard University Medical Alumni Association