AMIE 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

1993

Legal Domicile

Phone

4438853077

Tax Period

2023-01-01 to 2023-12-31

AMIE INC, founded in 1993, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023.

Mission

TO IMPLEMENT AND SUPPORT PROGRAMS THAT ATTRACT, EDUCATE, GRADUATE AND PLACE MINORITY STUDENTS IN ENGINEERING CAREERS.

Program Service Accomplishments

Program 1

Expenses: $987,143

COSTS OF HOSTING AN ANNUAL CONFERENCE AND PROMOTING THE ADVANCEMENT OF MINORITIES IN THE FIELD OF ENGINEERING. THE PURPOSE OF AMIE IS TO EXPAND CORPORATE, GOVERNMENT AND ACADEMIC ALLIANCE TO...

COSTS OF HOSTING AN ANNUAL CONFERENCE AND PROMOTING THE ADVANCEMENT OF MINORITIES IN THE FIELD OF ENGINEERING. THE PURPOSE OF AMIE IS TO EXPAND CORPORATE, GOVERNMENT AND ACADEMIC ALLIANCE TO IMPLEMENT AND SUPPORT PROGRAMS TO ATTRACT, EDUCATE, GRADUATE AND PLACE UNDER REPRESENTED MINORITY STUDENTS IN ENGINEERING CAREERS.

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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 $1,044,844

Program Service Revenue $220,821

Investment Income $154

Other Revenue $0

TOTAL REVENUE $1,265,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,202

Fundraising Expenses $0

Program Expenses $987,143

Other Expenses $1,082,967

TOTAL EXPENSES $1,289,169

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,265,819	$1,309,398	0.0%
Expenses	$1,289,169	$768,155	+0.7%
Net Income	$-23,350	$541,243	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX VENETTA	MEMBER	1.00	Director	$0	$0	$0
RHOM ERSKINE	MEMBER	1.00	Director	$0	$0	$0
EVERETT TUCKER	MEMBER	1.00	Director	$0	$0	$0
DAVID CANADA	MEMBER	1.00	Director	$0	$0	$0
GARY SCHNEIDER	Chairman	2.00	Officer Director	$0	$0	$0
TYRONE TABORN	MEMBER	1.00	Director	$0	$0	$0
MATT LAVELLE	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
MARK VAUGHN PhD	MEMBER	1.00	Director	$0	$0	$0
VALECIA MACLIN	MEMBER	1.00	Director	$0	$0	$0
STEPHANIE TURNER	MEMBER	1.00	Director	$0	$0	$0
THEODORE A BROWN	MEMBER	1.00	Director	$0	$0	$0
TERRELL REID	MEMBER	1.00	Director	$0	$0	$0
RICK TARGET	MEMBER	1.00	Director	$0	$0	$0
TRACI WADE	MEMBER	1.00	Director	$0	$0	$0
ODETTA SCOTT	MEMBER	1.00	Director	$0	$0	$0
REGINALD HUMPHREY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DR EUGENE DeLOATCH	MEMBER	1.00	Director	$0	$0	$0
DR DERREK DUNN	MEMBER	1.00	Director	$0	$0	$0
DR DAWIT HAILE	MEMBER	1.00	Director	$0	$0	$0
TED CHILDS	MEMBER	1.00	Director	$0	$0	$0
DR DEVDAS SHETTY	MEMBER	1.00	Director	$0	$0	$0
JARED ZERBE	MEMBER	1.00	Director	$0	$0	$0
DR JOYCE SHIRAZI	MEMBER	1.00	Director	$0	$0	$0
VERONICA L NELSON	Executive Dir.	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
2024	No data	No data	No data	No data
2023	$1,265,819	$1,289,169	$1,113,136	$-23,350
2022	$1,309,398	$768,155	$1,108,316	$541,243
2021	$1,121,541	$1,131,008	$560,419	$-9,467
2020	$924,720	$594,209	$604,721	$330,511
2019	$509,020	$488,499	$222,005	$20,521
2018	$604,980	$510,029	$201,354	$94,951