FAIRMONT STATE 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

1995

Legal Domicile

Principal Officer

NICK FANTASIA

Phone

3043674713

Tax Period

2024-07-01 to 2025-06-30

FAIRMONT STATE ALUMNI ASSOCIATION, founded in 1995, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $272K represent 119 months of operating reserves.

Mission

ADVANCEMENT OF FAIRMONT STATE UNIVERSITY

Program Service Accomplishments

Program 1

Expenses: $29,033 Revenue: $6,952

ADVANCEMENT OF FAIRMONT STATE UNIVERSITY THROUGH THE STRENGTHENING OF ALUMNI RELATIONS. THIS INCLUDES PROVIDING FACILITIES FOR THE USE OF THE FOUNDATION ASSOCIATED WITH THE ADVANCEMENT OF FAIRMONT...

ADVANCEMENT OF FAIRMONT STATE UNIVERSITY THROUGH THE STRENGTHENING OF ALUMNI RELATIONS. THIS INCLUDES PROVIDING FACILITIES FOR THE USE OF THE FOUNDATION ASSOCIATED WITH THE ADVANCEMENT OF FAIRMONT STATE UNIVERSITY.

Program 2

SCHOLARSHIPS AND GRANTS

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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 $10,405

Program Service Revenue $6,952

Investment Income $10,020

Other Revenue $0

TOTAL REVENUE $27,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,033

Other Expenses $29,033

TOTAL EXPENSES $29,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,377	$23,635	+0.2%
Expenses	$29,033	$27,461	+0.1%
Net Income	$-1,656	$-3,826	-0.6%

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
RONDA COLANERO	MEMBER	1.00	Director	$0	$0	$0
ADRIANNA CONSTABLE	MEMBER	1.00	Director	$0	$0	$0
GINA DELORENZO	MEMBER	1.00	Director	$0	$0	$0
AMIE FAZALARE	MEMBER	1.00	Director	$0	$0	$0
CHRIS GOODWIN	MEMBER	1.00	Director	$0	$0	$0
VICKI HUFFMAN	MEMBER	1.00	Director	$0	$0	$0
TRINA HUNT	MEMBER	1.00	Director	$0	$0	$0
MEL COLEMAN JR	MEMBER	1.00	Director	$0	$0	$0
KELLE KELLEY	MEMBER	1.00	Director	$0	$0	$0
ROBERT KOZUL	MEMBER	1.00	Director	$0	$0	$0
ISAAC LAMBERT	MEMBER	1.00	Director	$0	$0	$0
TIM MCATEER	MEMBER	1.00	Director	$0	$0	$0
REGHAN MOLLOHAN	MEMBER	1.00	Director	$0	$0	$0
MITCH MOORE	MEMBER	1.00	Director	$0	$0	$0
CARI MORGAN	MEMBER	1.00	Director	$0	$0	$0
JOANN NUZUM	MEMBER	1.00	Director	$0	$0	$0
LAUREN PEARSON	MEMBER	1.00	Director	$0	$0	$0
CAMERON PYLE	MEMBER	1.00	Director	$0	$0	$0
ALLY QUIGLEY	MEMBER	1.00	Director	$0	$0	$0
SUSAN RODRIGUEZ	MEMBER	1.00	Director	$0	$0	$0
JARED ROGERS	MEMBER	1.00	Director	$0	$0	$0
MISTY ROHALY	MEMBER	1.00	Director	$0	$0	$0
BUDD SAPP	MEMBER	1.00	Director	$0	$0	$0
TINA SHAW	MEMBER	1.00	Director	$0	$0	$0
AMY SNIVELY	MEMBER	1.00	Director	$0	$0	$0
ELLEN SNYDER	MEMBER	1.00	Director	$0	$0	$0
JULIE SOLE	MEMBER	1.00	Director	$0	$0	$0
KAT STEVENS	MEMBER	1.00	Director	$0	$0	$0
MARY JO THOMAS	MEMBER	1.00	Director	$0	$0	$0
ANGIE TOOTHMAN	MEMBER	1.00	Director	$0	$0	$0
MARY LYNN WESTFALL	MEMBER	1.00	Director	$0	$0	$0
NICK FANTASIA	PRESIDENT	1.00	Officer	$0	$0	$0
STACIA MARTIN	TREASURER	1.00	Officer	$0	$0	$0
LEIGHANNE MICHAEL	SECRETARY	1.00	Officer	$0	$0	$0
PORTER STILES	VICE PRESIDE	1.00	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	$27,377	$29,033	$279,468	$-1,656
2024	No data	No data	No data	No data
2023	$22,146	$19,419	$242,249	$2,727
2022	$16,711	$9,265	$231,861	$7,446
2021	$6,887	$7,414	$251,288	$-527
2020	$7,347	$14,327	$216,105	$-6,980
2019	$19,122	$21,298	$224,445	$-2,176
2018	$33,678	$301,022	$228,879	$-267,344