UNIVERSITY OF ALABAMA ALUMNI ASSOCIATION

EIN: 630011380 501(c)(3) Education

TUSCALOOSA, AL

Total Revenue
$10,020,658
Total Expenses
$4,571,588
Total Assets
$114,464,591
Net Assets
$114,334,625
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
AL
Principal Officer
DANIEL T LAYZELL
Phone
2053484540
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF ALABAMA ALUMNI ASSOCIATION, founded in 1927, is a mid-sized nonprofit in the Education sector that reported $10.0M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5.4M, a strong 54% operating margin.

Mission

TO PROMOTE AND ENCOURAGE INTEREST IN THE UNIVERSITY OF ALABAMA THROUGH PUBLICATIONS, REUNIONS, AND OTHER ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $2,292,294 Revenue: $0

STUDENT AID, SCHOLARSHIPS AND AWARDS PROVIDED TO STUDENTS OF THE UNIVERSITY OF ALABAMA TO AID THEM IN THEIR EDUCATIONAL ENDEAVORS.

Program 2
Expenses: $249,596 Revenue: $0

SUPPORT INFORMATION, COMMUNICATION, AND OTHER PROGRAM SERVICES AT THE NATIONAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA.

Program 3
Expenses: $241,425 Revenue: $0

MEMBER EVENTS THAT PROMOTE AND ENCOURAGE INTEREST IN 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,128,137
Program Service Revenue $0
Investment Income $4,133,952
Other Revenue $758,569
TOTAL REVENUE $10,020,658

Expense Breakdown

Grants Paid $2,277,763
Salaries & Benefits $0
Fundraising Expenses $569,567
Program Expenses $2,970,474
Other Expenses $2,293,825
TOTAL EXPENSES $4,571,588

Year-over-Year Comparison

2024 2023 Change
Revenue $10,020,658 $17,902,293 -0.4%
Expenses $4,571,588 $5,128,382 -0.1%
Net Income $5,449,070 $12,773,911 -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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Governance

Voting Members
31
Independent Members
27
Employees
N/A
Volunteers
160

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
1
$200,411
Total Directors
41
$1,273,057
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL MOWDY TREASURER (UNTIL 9/24) 0.5
Director
$0 $61,759 $357,952
JIMMY WARREN EXECUTIVE SECETARY 0.5
Director
$0 $45,014 $271,065
ADAM TATE DIRECTOR 1.0
Director
$0 $38,972 $247,983
ALLISON LEITNER FORMER INTERIM EXEC. SEC. 0.0
$0 $49,672 $215,755
ALLISON DRAKE DIRECTOR/TREASURER 1.0
Officer Director
$0 $47,986 $200,411
DANIEL T LAYZELL DIRECTOR (BEGIN 9/29/24) 0.5
Director
$0 $27,668 $195,646
MATTHEW FAJACK FORMER TREASURER 0.0
$0 $5,349 $140,075
ALAN JOHNSTON DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
ALI ZEIDAN DIRECTOR 0.5
Director
$0 $0 $0
ALYSON OUTLAW DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
AMY GRICE DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
ANN KAESERMANN DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
ANNETTE LARGIN DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
AUSTIN GADDIS DIRECTOR 0.5
Director
$0 $0 $0
CAROL SPRAYBERRY PRESIDENT-ELECT (BEGIN 4/2025) 1.0
Director
$0 $0 $0
MICHELLE STUDDARD DIRECTOR 0.5
Director
$0 $0 $0
CLETE BEARD DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
DENISE MANDERFIELD DIRECTOR 0.5
Director
$0 $0 $0
DEREK CUNNINGHAM DIRECTOR 0.5
Director
$0 $0 $0
GERALD KEITH KOON DIRECTOR 0.5
Director
$0 $0 $0
GREG STROUD DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
JENNIFER BUNNELL DIRECTOR 0.5
Director
$0 $0 $0
JIM SASSER DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
JOHN GARNER DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
JORDAN PHILLIPS DIRECTOR 0.5
Director
$0 $0 $0
JOSELYN BACON DIRECTOR 0.5
Director
$0 $0 $0
JULIE MOREAU DIRECTOR 0.5
Director
$0 $0 $0
KEITH MILLER PAST PRESIDENT (UNTIL 4/2025) 1.0
Director
$0 $0 $0
Laurie Cothran Barton DIRECTOR 0.5
Director
$0 $0 $0
LEEA MCPHEARSON DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
LESLIE A MCCLIMANS III DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
LOUIS MAYS DIRECTOR 0.5
Director
$0 $0 $0
MARIANNE M RUSSELL PRESIDENT (BEG 4/2025) 0.5
Director
$0 $0 $0
MARY BETH BARBER DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
MICHAEL COLEMAN DIRECTOR 0.5
Director
$0 $0 $0
MITCH FLOYD DIRECTOR (UNTIL 4/2025) 0.5
Director
$0 $0 $0
NANCY SINIARD PRESIDENT (UNTIL 4/2025) 1.0
Director
$0 $0 $0
ROB FOREMAN DIRECTOR 0.5
Director
$0 $0 $0
RONNIE LEET DIRECTOR 0.5
Director
$0 $0 $0
STEVE EBERNHART DIRECTOR (BEGIN 4/2025) 0.5
Director
$0 $0 $0
TIFFANI FUQUA DIRECTOR 0.5
Director
$0 $0 $0
WEST MARTIN DIRECTOR 0.5
Director
$0 $0 $0
ZACH RIDDLE DIRECTOR (BEGIN 4/2025) 0.5
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 $10,020,658 $4,571,588 $114,464,591 $5,449,070
2024 $17,902,293 $5,128,382 $103,474,289 $12,773,911
2023 $8,179,216 $4,490,472 $84,490,806 $3,688,744
2022 $7,480,141 $4,270,950 $78,031,588 $3,209,191
2021 $6,828,115 $3,639,850 $82,953,954 $3,188,265
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