UNIVERSITY OF MARYLAND ALUMNI ASSO… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

PETER M CANINE

Phone

3014054678

Tax Period

2024-07-01 to 2025-06-30

UNIVERSITY OF MARYLAND ALUMNI ASSOCIATION, founded in 1989, is a community nonprofit in the Education sector that reported $4.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $4.0M left a modest 5% surplus.

Mission

TO SUPPORT AND PROMOTE THE UNIVERSITY IN ITS PURSUITS OF EXCELLENCE IN TEACHING, RESEARCH AND PUBLIC SERVICE AND TO FOSTER A SPIRIT OF LOYALTY, INVOLVEMENT AND LIFE-LONG COMMITMENT TO THE UNIVERSITY BY ITS ALUMNI.

Program Service Accomplishments

Program 1

Expenses: $2,846,846 Revenue: $56,824

TO SUPPORT AND PROMOTE THE UNIVERSITY AND ITS PROGRAMS BY ENCOURAGING LIFELONG RELATIONSHIPS, RECOGNIZING ALUMNI ACHIEVEMENTS AND SUPPORTING RELATED PROGRAMS AND EVENTS. 19 STUDENTS RECEIVED...

TO SUPPORT AND PROMOTE THE UNIVERSITY AND ITS PROGRAMS BY ENCOURAGING LIFELONG RELATIONSHIPS, RECOGNIZING ALUMNI ACHIEVEMENTS AND SUPPORTING RELATED PROGRAMS AND EVENTS. 19 STUDENTS RECEIVED SCHOLARSHIPS TOTALING $76,200.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,363,535

Program Service Revenue $56,824

Investment Income $158,661

Other Revenue $1,662,156

TOTAL REVENUE $4,241,176

Expense Breakdown

Grants Paid $76,200

Salaries & Benefits $170,568

Fundraising Expenses $645,240

Program Expenses $2,846,846

Other Expenses $3,762,945

TOTAL EXPENSES $4,009,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,241,176	$4,559,931	-0.1%
Expenses	$4,009,713	$4,114,351	0.0%
Net Income	$231,463	$445,580	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE A DE ARMOND	PRESIDENT	10.00	Officer Director	$0	$0	$0
JEFFREY A RIVEST	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES G SPENCER	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
BERT D WILLIAMS	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
WILSON WANG	CHAIR OF FINANCE COMMITTEE	2.00	Officer Director	$0	$0	$0
JESSICA K ROBERTS SEE SCH O	E.D., SECRETARY & TREASURER	20.00	Officer Director	$0	$0	$0
JAMES F HARRIS III	MEMBER (EX-OFFICIO)	2.00	Officer Director	$0	$0	$0
DARRYLL J PINES	MEMBER (EX-OFFICIO)	2.00	Officer Director	$0	$0	$0
MARIA J BALL	MEMBER	2.00	Director	$0	$0	$0
MARINA H COOPER	MEMBER	2.00	Director	$0	$0	$0
PATRICIA G COUSINS	MEMBER	2.00	Director	$0	$0	$0
LAURA AR CRANDON	MEMBER	2.00	Director	$0	$0	$0
JAZZ M LEWIS	MEMBER	2.00	Director	$0	$0	$0
ROCKY LOPES	MEMBER	2.00	Director	$0	$0	$0
CATHERINE LUZIO	MEMBER	2.00	Director	$0	$0	$0
ALETHIA N NANCOO	MEMBER	2.00	Director	$0	$0	$0
PETER M POLOW JR	MEMBER	2.00	Director	$0	$0	$0
SUSAN A WOOD	MEMBER	2.00	Director	$0	$0	$0
DERRIN A WOODHOUSE	MEMBER	2.00	Director	$0	$0	$0
AMY CHING YIP	MEMBER	2.00	Director	$0	$0	$0
SHAYAN G ZADEH	MEMBER	2.00	Director	$0	$0	$0
ELIZABETH H O'KEEFE-MARKHAM	MEMBER	1.00	Director	$0	$0	$0
DA'VEDA N JOHNSON	MEMBER	1.00	Director	$0	$0	$0
ELIZABETH L READ-CONNOLE	MEMBER	1.00	Director	$0	$0	$0
JEFFREY D KARCESKI	MEMBER	1.00	Director	$0	$0	$0
KATE E PFETSCH	MEMBER	1.00	Director	$0	$0	$0
PETER CANINE SEE SCH O	CFO & COO	40.00	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	$4,241,176	$4,009,713	$13,201,593	$231,463
2024	$4,559,931	$4,114,351	$12,874,791	$445,580
2023	$4,178,671	$3,745,157	$12,559,779	$433,514
2022	$3,402,374	$3,386,981	$12,347,492	$15,393
2021	$3,266,987	$3,098,536	$12,691,064	$168,451
2020	$3,199,487	$3,739,265	$12,084,822	$-539,778
2019	$3,977,241	$4,312,625	$12,591,020	$-335,384
2018	$3,825,196	$4,029,826	$13,221,930	$-204,630

UNIVERSITY OF MARYLAND ALUMNI ASSOCIATION