Virginia State University Alumni Association (EIN 541805790) - 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

1980

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Virginia State University Alumni Association, founded in 1980, is a micro nonprofit in the Education sector that reported $94K in total revenue in fiscal year 2022. The organization ran a surplus of $43K, a strong 46% operating margin.

Mission

Support the Virginia State University and its studentsEducation grants to the Universitys scholarship fundMaintain an alumni house to host university events and foster strong alumni ties

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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 (2024)

Revenue Breakdown

Contributions & Grants $108,509

Program Service Revenue $0

Investment Income $31,401

Other Revenue $0

TOTAL REVENUE $139,910

Expense Breakdown

Grants Paid $46,613

Salaries & Benefits $0

Fundraising Expenses $6,517

Program Expenses $56,822

Other Expenses $36,549

TOTAL EXPENSES $83,162

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,910	N/A	N/A
Expenses	$83,162	N/A	N/A
Net Income	$56,748	N/A	N/A

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

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
Stephanie McNeill	N/A	10.00	Officer	$0	$0	$0
Laura Carpenter	President	5.00	Officer	$0	$0	$0
Irene Logan	Treasurer	3.00	Officer	$0	$0	$0
Sharon Crenshaw	Vice President	5.00	Officer	$0	$0	$0
Kathy Boullt	Secretary	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
2024	$139,910	$83,162	$996,070	$56,748
2023	$102,168	$91,147	$1,003,635	$11,021
2022	$93,744	$50,605	$826,138	$43,139

Virginia State University Alumni Association