VMI ALUMNI AGENCIES BOARD INC (EIN 541429093) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

CRISSY S ELLIOTT

Phone

5404647383

Tax Period

2023-07-01 to 2024-06-30

VMI ALUMNI AGENCIES BOARD INC, founded in 1978, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2019. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $6.6M exceeded revenue, resulting in a 36% operating deficit.

Mission

TO PROVIDE SUPPORT FOR THE VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,809

Program Service Revenue $0

Investment Income $1,741,552

Other Revenue $3,711,204

TOTAL REVENUE $5,457,565

Expense Breakdown

Grants Paid $1,760,529

Salaries & Benefits $2,667,916

Fundraising Expenses $1,601,006

Program Expenses $2,677,189

Other Expenses $1,696,030

TOTAL EXPENSES $6,124,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,457,565	$5,519,621	0.0%
Expenses	$6,124,475	$16,878,080	-0.6%
Net Income	$-666,910	$-11,358,459	-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

$734,761

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR DANIEL P THORNTON	CHAIRMAN	5.00	Director	$0	$0	$0
MR HUGH M FAIN III	BOARD MEMBER	5.00	Director	$0	$0	$0
MR MATTHEW R HEMENEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
MR ANTHONY U MOORE	BOARD MEMBER	5.00	Director	$0	$0	$0
MR ERNESTO V SAMPSON JR	BOARD MEMBER	5.00	Director	$0	$0	$0
MR WILLIAM L TALIAFERRO JR	BOARD MEMBER	5.00	Director	$0	$0	$0
MR ANDRE W THORNTON	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVID L PRASNICKI	CHIEF EXECUTIVE OFFICER	40.00	Officer	$278,012	$15,400	$293,412
CRISSY S ELLIOTT	CHIEF FINANCIAL OFFICER	40.00	Officer	$178,639	$34,045	$212,684
AMY F GOETZ	CHIEF COMMUNICATIONS OFFIC	40.00	Officer	$122,134	$9,801	$131,935
KEVIN A RYAN	FINANCIAL CONTROLLER	40.00	Officer	$90,417	$6,313	$96,730

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	$5,457,565	$6,124,475	$103,560,005	$-666,910
2023	$5,519,621	$16,878,080	$94,289,341	$-11,358,459
2022	$10,873,805	$6,673,465	$87,634,014	$4,200,340
2021	$5,217,814	$9,865,565	$91,066,431	$-4,647,751
2020	$4,824,882	$6,584,068	$79,392,561	$-1,759,186

VMI ALUMNI AGENCIES BOARD INC