Vmi Alumni Association

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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

1934

Legal Domicile

Phone

5404647383

Tax Period

2024-07-01 to 2025-06-30

Vmi Alumni Association, founded in 1934, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024.

Mission

The purpose of the VMI Alumni Association is to organize the alumni of VMI into one general body.

Program Service Accomplishments

Program 1

Expenses: $529,158

Preparation of alumni newsletters and publications to recruit new members and build alumni unity and pride, alumni recruiting and alumni conventions.

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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 $1,205,558

Program Service Revenue $0

Investment Income $2,234

Other Revenue $0

TOTAL REVENUE $1,207,792

Expense Breakdown

Grants Paid $82,097

Salaries & Benefits $584,622

Fundraising Expenses $175,088

Program Expenses $529,158

Other Expenses $538,839

TOTAL EXPENSES $1,205,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,207,792	$1,160,430	+0.0%
Expenses	$1,205,558	$1,159,267	+0.0%
Net Income	$2,234	$1,163	+0.9%

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

$815,834

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABIGAIL LEETE WATERBURY	Board Member	2.0	Director	$0	$0	$0
ADRIAN ANTHONY GARCIA	Board Member	2.0	Director	$0	$0	$0
ANDREW KEYES BRADSHAW	Board Member	2.0	Director	$0	$0	$0
ANTHONY JAMES MACDONALD	Board Member	2.0	Director	$0	$0	$0
ANTHONY ULYSSES MOORE	Board Member	2.0	Director	$0	$0	$0
CHARLES HENRY STORY	Board Member	2.0	Director	$0	$0	$0
CHARLES WILLIAM SACHS	Board Member	2.0	Director	$0	$0	$0
CHRISTOPHER MORRISS MCCALLUM	Board Member	2.0	Director	$0	$0	$0
DANIEL PRESLEY THORNTON	Board Member	2.0	Director	$0	$0	$0
DAVID PATRICK LODUCA	Board Member	2.0	Director	$0	$0	$0
DENNIS VINCENT MAGUIRE	Board Member	2.0	Director	$0	$0	$0
ERNESTO V SAMPSON JR	BOARD MEMBER	2.0	Director	$0	$0	$0
GARLAND GRAY	Board Member	2.0	Director	$0	$0	$0
GRANT THOMAS HARRIS	Board Member	2.0	Director	$0	$0	$0
GUY FREDERICK CONTE	Board Member	2.0	Director	$0	$0	$0
JAMES RICHARD CHALKLEY	Board Member	2.0	Director	$0	$0	$0
JEFFREY KEITH WASHINGTON	Board Member	2.0	Director	$0	$0	$0
LUCAS EDWARD HALE	Board Member	2.0	Director	$0	$0	$0
MATTHEW RICHARD HEMENEZ	Board Member	2.0	Director	$0	$0	$0
MAX HEISSLER HOPKINS	Board Member	2.0	Director	$0	$0	$0
MICHAEL CHRISTOPHER ZIRKLE	Board Member	2.0	Director	$0	$0	$0
PATRICK JOSEPH GRIFFIN	Board Member	2.0	Director	$0	$0	$0
RICHARD COX COUPLAND	Board Member	2.0	Director	$0	$0	$0
TODD MITCHELL BALDWIN	Board Member	2.0	Director	$0	$0	$0
WILLIAM CRAWFORD COLLIER	Board Member	2.0	Director	$0	$0	$0
WILLIAM RANDOLPH SHANNON	Board Member	2.0	Director	$0	$0	$0
WYATT BEAZLEY DURRETTE	Board Member	2.0	Director	$0	$0	$0
Crissy S Elliott	Chief Financial Officer	2.0	Officer	$0	$33,436	$216,271
David L Prasnicki	Chief Executive Officer	2.0	Officer	$0	$18,156	$298,915
Edward Johnson	Chief Operating Officer	40.0	Officer	$117,294	$15,244	$132,538
Kevin A Ryan	Financial Controller	2.0	Officer	$0	$4,216	$168,110

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	$1,207,792	$1,205,558	$604,910	$2,234
2024	$1,160,430	$1,159,267	$663,779	$1,163
2023	$1,001,322	$1,000,023	$581,109	$1,299
2022	$1,387,698	$1,438,960	$3,901,860	$-51,262
2021	$1,061,041	$1,052,118	$2,541,538	$8,923
2020	$1,218,964	$1,262,138	$1,414,959	$-43,174
2019	$1,140,663	$1,306,559	$390,624	$-165,896