SOUTHERN UNIVERSITY AT NEW ORLEANS FOUNDATION INC (EIN 720799587) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

FRANK WILLIAMS

Phone

5042865342

Tax Period

2024-07-01 to 2025-06-30

SOUTHERN UNIVERSITY AT NEW ORLEANS FOUNDATION INC, founded in 1974, is a small nonprofit in the Education sector that reported $150K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $341K exceeded revenue, resulting in a 127% operating deficit.

Mission

TO CARRY OUT VARIOUS ALUMNI ACTIVITIES FOR THE BENEFIT OF SUNO STUDENTS.

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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 $167,523

Program Service Revenue $7,357

Investment Income $978

Other Revenue $-25,582

TOTAL REVENUE $150,276

Expense Breakdown

Grants Paid $193,458

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,463

Other Expenses $147,165

TOTAL EXPENSES $340,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,276	$206,482	-0.3%
Expenses	$340,623	$183,070	+0.9%
Net Income	$-190,347	$23,412	-9.1%

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
TAMMY BARNEY	SECRETARY	2.00	Officer Director	$0	$0	$0
MICAELA BOWERS	DIRECTOR	2.00	Director	$0	$0	$0
DR DEBORAH BROOM-COOLEY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JAHANNA CANNON-BRIGHTMAN	DIRECTOR	2.00	Director	$0	$0	$0
CYNTHIA HONORE-COLLINS	DIRECTOR	2.00	Director	$0	$0	$0
ED ROBINSON	TREASURER	2.00	Officer Director	$0	$0	$0
FRANK WILLIAMS	PRESIDENT	2.00	Officer 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	$150,276	$340,623	$599,149	$-190,347
2024	$588,603	$408,421	$1,001,972	$180,182
2023	$423,980	$156,772	$813,861	$267,208
2022	$108,829	$120,510	$534,300	$-11,681
2021	$231,079	$56,917	$540,981	$174,162
2018	$62,103	$42,428	$445,086	$19,675

SOUTHERN UNIVERSITY AT NEW ORLEANS FOUNDATION INC