The Webb Alumni 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

1973

Legal Domicile

Principal Officer

Ike Gilbert

Phone

7319864304

Tax Period

2024-09-01 to 2025-08-31

The Webb Alumni Association Inc, founded in 1973, is a micro nonprofit in the Education sector that reported $99K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $113K exceeded revenue, resulting in a 14% operating deficit.

Mission

To accomplish the goals of the organization with special emphasis on educational scholarships and social welfare programs.

Program Service Accomplishments

Program 1

Expenses: $109,126 Revenue: $57,505

To accomplish the goals of the org with special emphasis on educational scholarships and social welfare programs.

Program 2

Expenses: $4,000

Roscoe McKenzie scholarship program to give older children the opportunity to attend higher level schooling or learn a trade.

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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 $41,821

Program Service Revenue $29,165

Investment Income $96

Other Revenue $28,244

TOTAL REVENUE $99,326

Expense Breakdown

Grants Paid $10,154

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,126

Other Expenses $102,972

TOTAL EXPENSES $113,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$99,326	$186,669	-0.5%
Expenses	$113,126	$53,905	+1.1%
Net Income	$-13,800	$132,764	-1.1%

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

112

Independent Members

112

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
Ike Gilbert Jr	National President	2.00	Officer Director	$0	$0	$0
Rosetta Clark	National Secretary	1.00	Officer Director	$0	$0	$0
Kim Webb	Financial Secretary	2.00	Officer Director	$0	$0	$0
Scottie Clark	Treasurer	2.00	Officer Director	$0	$0	$0
JD Williams	2nd Vice President	0.50	Officer Director	$0	$0	$0
Michael Tate	First Vice President	0.50	Officer Director	$0	$0	$0
Gloria Harris	Asst Natl Secretary	0.50	Director	$0	$0	$0
Rose Glenn	Asst Financial Secretary	0.50	Director	$0	$0	$0
Pansy Smith	Parliamentarian	0.50	Director	$0	$0	$0
Neal Williamson	Chapter President	0.00	Officer	$0	$0	$0
Ruby Hunt	Chapter President	0.00	Officer	$0	$0	$0
Booker Bolton	Chapter President	0.00	Officer	$0	$0	$0
Brenda Smith	Chapter President	0.00	Officer	$0	$0	$0
Annie Alexander	Chapter President	0.00	Officer	$0	$0	$0
Bobby Parker	Chapter President	0.00	Officer	$0	$0	$0
Peggy Hillsman	Chapter President	0.00	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	$99,326	$113,126	$200,202	$-13,800
2024	$186,669	$53,905	$214,005	$132,764
2023	$62,968	$67,973	$81,241	$-5,005
2022	$76,122	$65,527	$86,246	$10,595
2021	$47,407	$42,089	$75,651	$5,318
2020	$55,078	$53,550	$70,333	$1,528