UNIVERSITY OF RICHMOND ALUMNI ASSOC

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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

2003

Legal Domicile

Principal Officer

EDWARD H PRUDEN JR

Phone

8042898026

Tax Period

2023-07-01 to 2024-06-30

UNIVERSITY OF RICHMOND ALUMNI ASSOC, founded in 2003, is a small nonprofit in the Education sector that reported $177K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $633K represent 43 months of operating reserves.

Mission

TO ADVANCE THE INTERESTS OF THE UNIVERSITY OF RICHMOND.

Program Service Accomplishments

Program 1

Expenses: $132,560

TO PROMOTE EDUCATION FUNDRAISING BY EXPOSING THE UNIVERSITY OF RICHMOND TO THE ALUMNI THROUGH ALUMNI EVENTS, MEETINGS, RECOGNITION PROGRAMS, NEWSLETTERS, AND STUDENT EVENTS. TO SUPPORT THE UNIVERSITY...

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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 $171,965

Program Service Revenue $0

Investment Income $4,582

Other Revenue $0

TOTAL REVENUE $176,547

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,560

Other Expenses $176,348

TOTAL EXPENSES $176,348

Year-over-Year Comparison

	2023	2022	Change
Revenue	$176,547	$154,002	+0.1%
Expenses	$176,348	$142,840	+0.2%
Net Income	$199	$11,162	-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

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
EDWARD H PRUDEN JR	PRESIDENT	5.00	Officer Director	$0	$0	$0
KENNETH ANDERSON	VP FOR OPERA	5.00	Officer Director	$0	$0	$0
WILL MICHALOPOULOS	VP FOR MEMBE	5.00	Officer Director	$0	$0	$0
RASHEEDA D CHAMBERS	TREASURER	5.00	Officer Director	$0	$0	$0
L ELLEN BRADLEY	MEMBER AT LA	5.00	Officer Director	$0	$0	$0
BRAXTON BRAGG	MEMBER AT LA	5.00	Officer Director	$0	$0	$0
MARILYN BRANCH-MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
KAITLYN DOCHELLI CONNELLY	DIRECTOR	1.00	Director	$0	$0	$0
ELSA FALLS	DIRECTOR	1.00	Director	$0	$0	$0
SHELLEY FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
LISA GRAY	DIRECTOR	1.00	Director	$0	$0	$0
MARK G GUARINO	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY M HIGHTOWER	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS C GUTENBERGER	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON KELLEY	PAST PRESIDE	5.00	Officer Director	$0	$0	$0
ALEXANDER M HOLVA	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN KELLER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT F LOSCALZO	MEMBER AT LA	5.00	Officer Director	$0	$0	$0
JERRY F WILLIAMS	VP FOR OUTRE	5.00	Officer Director	$0	$0	$0
CHAD POLLOCK	DIRECTOR	1.00	Director	$0	$0	$0
JAMES A RAFF	DIRECTOR	1.00	Director	$0	$0	$0
SUNELLA ARAS VAIDYA	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINE WAUL	DIRECTOR	1.00	Director	$0	$0	$0
BERNARD C BROWN JR	SECRETARY	5.00	Officer Director	$0	$0	$0
SALLY YATES WOOD	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEIGH M BROCK	DIRECTOR	1.00	Director	$0	$0	$0
ZURI WALKER	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$176,547	$176,348	$633,016	$199
2023	$154,002	$142,840	$565,922	$11,162
2022	$174,613	$110,101	$517,815	$64,512
2021	$53,379	$18,440	$583,153	$34,939